Inox Wind Ltd.

INOXWIND

₹166.08

-2.14% (-3.64)

Market Cap

₹14,317 Cr.

P/E

31.94

Key Ratios

Edit Ratio's

Market cap

14,317 Cr

31.94

Prom Holding

48.27 %

ROE (%)

-2.38

ROCE (%)

10.35

Div Yield (%)

Sales

3,557 Cr

OPM (%)

21.66 %

Debt to Equity

1.91

Edit Ratio's

About

Inox Wind was incorporated in April 2009, commenced operations in March 2010. The company is e… Read more

Low

130

52W Range

High

262

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	527	765	985	973	1,228	1,191	1,343	1,619	1,813	2,225
Shareholders Funds	1,887	2,190	2,004	1,965	1,686	1,316	1,828	1,713	1,697	5,047
Profit & Loss
Operating Profit	710	542	-82.71	149	-130	-165	-312	-264	15.58	770
Net Sales	4,451	3,415	480	1,437	760	711	625	733	1,743	3,557
Cash flow
Cash from Operating Activity	-163	114	269	147	733	-112	-475	-1,100	-360	138
Net Capex (est)	404	290	186	137	270	120	179	388	514	620
Ratios
ROCE (%)	37.66	23.38	-4.75	4.73	-11.85	-12.55	-18.56	-12.93	10.35	—
ROE (%)	24.44	13.85	-9.36	-2.01	-16.59	-23.22	-26.26	-41.36	-2.38	—

Forensics

7 Yes

Positive for this company

1 Neutral

Neutral for this company

8 No

Negative for this company

1 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Depreciation Effect

Company is depreciating a lower percentage of assets. this is contributing to an increase in net profit
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Other Income

Other income component is making ratios of the company look optically better

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
ROE

Net profit margin is responsible for roe increase over last 10 years
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Debt

Company might have issues servicing its debt
Share price

Share price has increased over last 10 years but more due to rerating
Working Capital

Company has significant working capital which is dragging its roce and roe
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Current vs Historic Valuation

Unable to calculate due to limited data

Market Share

7 %

(as of Mar 18)

Source/Historic

Wind Installations Segment Market Share

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operational Metrics

Manufacturing Capacity - Blade (MW)

Inox Wind Ltd.

Manufacturing Capacity - Blade (MW)
Source
Manufacturing Capacity - Tower (MW)
Source
Manufacturing Capacity - Nacelle & Hub (MW)
Source
Order Book - Wind Energy (MW)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Inox Wind	169.72	49.39	22,138	48.27	141.57	10.35	-2.38
Triveni Turbine	615	54.67	19,527	55.84	17.44	36.83	28.04
BEML	4,464.2	63.58	18,599	54.03	9.18	12.54	10.56
AIA Engineering	3,384.3	29.78	31,591	58.5	0.59	22.53	17.06
3M India	29,175	53.71	32,836	75	9.47	36.3	27.17
Honeywell Automation	37,720	63.75	33,378	75	17.23	13.92	12.97
Tega Industries	1,474.1	48.91	9,788	74.8	5.75	20.47	16.27
Praj Industries	488.35	40.99	8,973	32.81	-15.6	27.13	22.23

Corporate Actions

Consolidated Bonus

DATE

DETAILS

2024, May 24

Bonus 3 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

Suppliers

Arshiya Ltd.

FAQs on Inox Wind Ltd. Business

What does Inox Wind do?

Inox Wind, established in 2009, specializes in manufacturing and selling Wind Turbine Generators in India. They also offer EPC, O&M, and wind farm development services.

Who are the competitors of Inox Wind?

Inox Wind major competitors are Triveni Turbine, BEML, AIA Engineering, 3M India, Honeywell Automation, Tega Industries, Praj Industries.
Market Cap of Inox Wind is ₹22,138 Crs.
While the median market cap of its peers are ₹19,527 Crs.

Is Inox Wind financially stable compared to its competitors?

Inox Wind seems to be less financially stable compared to its competitors.
Altman Z score of Inox Wind is 3.08 and is ranked 8 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Company Filing

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Earnings Release	May	Mar Jun Sep Dec	Jun Dec				Mar Sep Dec	Mar Jun Sep	Sep	Sep Dec
Investor Presentation	May	Mar Jun Sep Dec	Mar Jun Sep Dec	Feb Mar May Jun Aug Sep Dec	Mar Jun Sep Dec	Mar Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec
Conference Call		Mar Jun Sep Dec	Mar Jun Sep Dec				Mar	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec
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Discussions & Analysis

Inox Wind Ltd.

View the discussion on ValuePickr

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Raw Material

Inox Wind Ltd.

Inox Wind Ltd.

Key Ratios

About

Timeline

Company Timeline

7 Yes

1 Neutral

8 No

1 No Data

Accounting & Shareholding

Contingent Liabilities

Pledge

Revenue Recognition

Promoter Holding

Depreciation Effect

Retail Holding

Other Income

Price & Performance

Capex vs ROCE

ROE

Sales Growth

Balance Sheet Strength

Debt

Share price

Working Capital

Margin Stability

ROCE Strength

Current vs Historic Valuation

Product Wise Break-Up

UNLOCK PREMIUM

Location Wise Break-Up

UNLOCK PREMIUM

Manufacturing Capacity - Blade (MW)

What does Inox Wind do?

Who are the competitors of Inox Wind?

Is Inox Wind financially stable compared to its competitors?

Inox Wind Ltd.

Inox Wind Ltd.

Key Ratios

About

Timeline

Company Timeline

7 Yes

1 Neutral

8 No

1 No Data

Accounting & Shareholding

Contingent Liabilities

Pledge

Revenue Recognition

Promoter Holding

Depreciation Effect

Retail Holding

Other Income

Price & Performance

Capex vs ROCE

ROE

Sales Growth

Balance Sheet Strength

Debt

Share price

Working Capital

Margin Stability

ROCE Strength

Current vs Historic Valuation

Product Wise Break-Up

UNLOCK PREMIUM

Location Wise Break-Up

UNLOCK PREMIUM

Manufacturing Capacity - Blade (MW)

Manufacturing Capacity - Blade (MW)

What does Inox Wind do?

Who are the competitors of Inox Wind?

Is Inox Wind financially stable compared to its competitors?

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