Inox Wind Limited

rs,

. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on t

200MW

ETAILED FINANCIALS 3 OPERATIONAL HIGHLIGHTS Operations  Successfully Commissioned 200MW of SECI 1 at Dayapar, Gujarat.  Got time extension for Balance 50MW of SECI 1 – to be executed b

50MW

 Successfully Commissioned 200MW of SECI 1 at Dayapar, Gujarat.  Got time extension for Balance 50MW of SECI 1 – to be executed by March 2020.  Consolidated order book: • • • Bagged fresh orde

250MW

CI 1 – to be executed by March 2020.  Consolidated order book: • • • Bagged fresh order for 250MW from Morgan Stanley backed Continuum Energy. Bagged fresh orders for 12MW from various Retail Cus

12MW

Bagged fresh order for 250MW from Morgan Stanley backed Continuum Energy. Bagged fresh orders for 12MW from various Retail Customers and many more orders in progress. Order Book as on date stands at 1

1470.7MW

W from various Retail Customers and many more orders in progress. Order Book as on date stands at 1470.7MW.  All future project execution at Dayapar (Gujarat) to be on a plug and play basis given the com

Rs. 173

sh supplies of WTGs.  Higher Revenue and EBITDA compared to preceding quarter: • • Revenue of Rs. 173 crs in Q3FY20 against revenue of Rs. 139 crs in Q2FY20 EBITDA of Rs. 24 crs in Q3FY20 against EBITD

Rs. 139

nd EBITDA compared to preceding quarter: • • Revenue of Rs. 173 crs in Q3FY20 against revenue of Rs. 139 crs in Q2FY20 EBITDA of Rs. 24 crs in Q3FY20 against EBITDA of Rs. 4 crs in Q2FY20  Over all con

Rs. 24

uarter: • • Revenue of Rs. 173 crs in Q3FY20 against revenue of Rs. 139 crs in Q2FY20 EBITDA of Rs. 24 crs in Q3FY20 against EBITDA of Rs. 4 crs in Q2FY20  Over all continuous improvement in working c

Rs. 4

n Q3FY20 against revenue of Rs. 139 crs in Q2FY20 EBITDA of Rs. 24 crs in Q3FY20 against EBITDA of Rs. 4 crs in Q2FY20  Over all continuous improvement in working capital cycle Rs. 635 crs in Q3FY20 as

Rs. 635

against EBITDA of Rs. 4 crs in Q2FY20  Over all continuous improvement in working capital cycle Rs. 635 crs in Q3FY20 as compared to Rs. 828 crs in Q2FY20  Constant reduction in net debt quarter on q

Rs. 828

0  Over all continuous improvement in working capital cycle Rs. 635 crs in Q3FY20 as compared to Rs. 828 crs in Q2FY20  Constant reduction in net debt quarter on quarter Rs. 648 crs in Q3FY20 as compa

“In particular, such statements should not be regarded as a projection of future performance of IWL.”

“ All future project execution at Dayapar (Gujarat) to be on a plug and play basis given the common infrastructure for the same is already in place which includes: • • • 220KV Pooling Substation at Meghpar 220KV Transmission Line for 72 km, longest built till now by Inox 220KV Bay at PGCIL Nirona End 4 FINANCIAL HIGHLIGHTS Financials  During the quarter, we commenced execution of new orders along fresh supplies of WTGs.”

“5 SIGNIFICANT MARKET OPPORTUNITY & WAY AHEAD – Q4 FY20 & FY 21  Post the painful transition, the sector is now catching up, certain project time extension approvals which are now being acted upon by concerned authorities.”

“ Due to the lower intensity of competition and with our new 3.3MW world class WTGs, going forward, we expect to get back to normalised profit levels.”

“6 SIGNIFICANT MARKET OPPORTUNITY & WAY AHEAD – Q4 FY20 & FY 21  Supplies of 3.3MW to commence in FY 21 which will be amongst the most competitive WTGs in the Indian Market.”

“ The 3.3MW wind turbine will have a 146 meter rotor dia which will probably be the largest rotor dia in India and will be available in a host of hub heights which can be selected as per site conditions.”

“Drive Train : DF, 6 Pole Generator Turbine Design : AMSC, Austria Rotor diameter : 146m Tower construction type : Tubular Steel Cut-in wind speed (10 min mean) Vin : 2.9 m/s Rated wind speed (steady wind) Vr : 9.5 m/s Cut-out wind speed (10 min mean) Vout : 20 m/s 9 O&M – STRONG ANNUITY MODEL  Inox Wind has multi year O&M agreements for its fleet across customers and from the upcoming new financial year, a significant part of the WTGs will be beyond the free O&M/warranty period.”

“ Moreover, with the increase in the fleet size on the back of strong auction order inflow, we expect this revenue stream to pick up strongly in the coming years.”

“• Inventory: Consolidated Inventory levels are on decline mainly on account of optimization and includes the project work in progress at sites which will be commissioned over coming quarter(s).”

“Going ahead we expect inventory levels to come down as the execution picks up pace in the coming quarters.”

Scrip code

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Scrip code

INOXWIND Sub: Disclosure of Material Event/ under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Presentation Information Dear Sir/ Madam, Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Earnings Presentation on the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2019 that we propose to make during the Conference Call for analyst and investors scheduled to be held on Friday, 7th February, 2020 at 5:30 P.M. The said Earnings Presentation is also being uploaded on the Company's website, www.inoxwind.com. We request you to please take the above on record. Thanking You Yours faithfully, For Inox Wind Limite Encl: As above INOX WIND LIMITED, Plot No. 17. Sector 16 A. NOlda-201301. (UP.). INDIA. Phone +91-120-6149600. Fax: +91-120