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Inox Green Enrgy Ser

₹120.7 2 | 1.6%

Market Cap ₹3544 Cr.

Stock P/E 125.6

P/B 2.6

Current Price ₹120.7

Book Value ₹ 45.8

Face Value 10

52W High ₹158.3

Dividend Yield 0%

52W Low ₹ 44.6

Overview Inc. Year: 2012Industry: Engineering

Inox Green Energy Services Ltd is an Indian company that operates in the renewable energy sector. The company specializes in developing, constructing, and managing renewable energy projects such as wind, solar, and hydroelectric power plants. Inox Green Energy Services Ltd has a strong presence in India and has expanded its operations to other countries such as Germany, Poland, and South Korea. The company has a diversified portfolio of projects, including both grid-connected and off-grid installations, and is committed to reducing the carbon footprint of its clients. Inox Green Energy Services Ltd is also involved in research and development activities to improve the efficiency and reliability of renewable energy technologies.

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Inox Green Enrgy Ser Share Price

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Peer Comparison

Inox Green Enrgy Ser Quarterly Results

#(Fig in Cr.) Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 45 62 62 72 57 64 47 60 52
Other Income 15 1 4 20 15 2 11 1 32
Total Income 61 63 66 92 71 66 58 61 84
Total Expenditure 35 44 44 56 51 35 34 40 41
Operating Profit 25 19 22 36 21 30 24 20 43
Interest 15 18 14 18 8 10 7 5 9
Depreciation 11 17 15 14 14 16 13 13 13
Exceptional Income / Expenses 0 0 0 0 4 0 0 0 0
Profit Before Tax -1 -16 -7 4 3 4 4 2 21
Provision for Tax 1 -4 -4 -4 1 1 1 2 -1
Profit After Tax -2 -12 -4 8 2 3 3 1 22
Adjustments 0 0 -5 -4 -2 -0 2 -2 -0
Profit After Adjustments -2 -12 -8 5 -1 3 6 -2 21
Adjusted Earnings Per Share -0.1 -0.5 -0.3 0.2 -0 0.1 0.2 -0.1 0.7

Inox Green Enrgy Ser Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 368 208 401 172 172 254 223
Other Income 2 2 7 14 18 40 46
Total Income 370 211 408 186 190 294 269
Total Expenditure 368 167 298 90 90 197 150
Operating Profit 2 43 110 96 100 97 117
Interest 65 100 147 61 55 71 31
Depreciation 17 28 40 49 50 65 55
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax -80 -85 -78 -32 -5 -39 31
Provision for Tax -24 -32 -26 -5 0 -19 3
Profit After Tax -57 -53 -52 -28 -5 -20 29
Adjustments 0 0 0 -126 -88 1 0
Profit After Adjustments -57 -53 -52 -154 -93 -19 28
Adjusted Earnings Per Share -11328.6 -9.2 -4.5 -11.9 -4 -0.7 0.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 48% -14% -7% 0%
Operating Profit CAGR -3% -4% 117% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 162% NA% NA% NA%
ROE Average -2% -18% -67% -580%
ROCE Average 2% 2% 3% 2%

Inox Green Enrgy Ser Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 2 49 97 10 807 1127
Minority's Interest 0 -0 -0 0 0 5
Borrowings 549 526 302 382 319 264
Other Non-Current Liabilities 83 84 -0 -34 116 101
Total Current Liabilities 875 1210 1881 2235 754 514
Total Liabilities 1508 1869 2280 2594 1996 2012
Fixed Assets 500 512 776 765 953 1095
Other Non-Current Assets 303 489 567 785 700 507
Total Current Assets 705 869 936 1044 343 410
Total Assets 1508 1869 2280 2594 1996 2012

Inox Green Enrgy Ser Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 39 17 1 3 120 45
Cash Flow from Operating Activities 65 -41 407 49 141 -26
Cash Flow from Investing Activities -168 -170 -306 -105 -153 -5
Cash Flow from Financing Activities 82 195 -98 174 -63 -10
Net Cash Inflow / Outflow -21 -17 3 117 -76 -42
Closing Cash & Cash Equivalent 17 1 3 120 45 3

Inox Green Enrgy Ser Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -11328.64 -9.23 -4.49 -11.95 -3.97 -0.66
CEPS(Rs) -8001.88 -4.34 -1.01 1.66 1.92 1.54
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 360.04 8.6 8.31 0.78 34.32 38.62
Core EBITDA Margin(%) -0.11 19.59 25.58 47.74 47.74 22.61
EBIT Margin(%) -4.11 7.17 17.24 16.37 29.1 12.63
Pre Tax Margin(%) -21.82 -40.71 -19.53 -18.78 -2.73 -15.29
PAT Margin (%) -15.4 -25.44 -13.01 -16.1 -2.88 -8.01
Cash Profit Margin (%) -10.88 -11.97 -2.93 12.4 26.26 17.68
ROA(%) -3.76 -3.14 -2.52 -1.14 -0.22 -1.02
ROE(%) -3146.49 -207.18 -71.52 -51.99 -1.21 -2.11
ROCE(%) -1.58 1.38 5.8 2.14 3.17 1.87
Receivable days 242.1 375.71 197.71 501.22 308.73 115.4
Inventory Days 278.4 610.1 352.62 756.99 398.95 37.59
Payable days 2200.1 -2014.54 0 0 7580.29 657.51
PER(x) 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 1.02
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 2.48 5.77 2.95 8.38 5.98 6.68
EV/Core EBITDA(x) 596.5 27.79 10.77 14.99 10.26 17.42
Net Sales Growth(%) 0 -43.4 92.64 -57.05 -0.05 47.66
EBIT Growth(%) 0 198.75 363.1 -59.22 77.62 -35.89
PAT Growth(%) 0 6.49 1.47 46.87 82.15 -311.25
EPS Growth(%) 0 99.92 51.34 -166.02 66.81 83.31
Debt/Equity(x) 531.17 23.39 11.23 143.55 1.12 0.53
Current Ratio(x) 0.81 0.72 0.5 0.47 0.46 0.8
Quick Ratio(x) 0.49 0.37 0.31 0.31 0.43 0.74
Interest Cover(x) -0.23 0.15 0.47 0.47 0.91 0.45
Total Debt/Mcap(x) 0 0 0 0 0 0.52

Inox Green Enrgy Ser Shareholding Pattern

# Mar 2020 Mar 2021 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 100 100 56.04 56.04 56.04 55.72 55.72 55.72
FII 0 0 9.05 9.68 8.42 8.33 9.2 8.33
DII 0 0 6.3 5.49 4.09 2.95 2.84 1.75
Public 0 0 28.61 28.79 31.45 33 32.24 34.2
Others 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 7580.29 to 657.51days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of -18% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Inox Green Enrgy Ser News

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