Inox Wind Energy

₹8473 -358.3 | 4.1%

WEBSITE BSE:543297 NSE : IWEL 24 Jan, 16:01

Market Cap ₹10208 Cr.

Stock P/E 0

P/B 3.4

Current Price ₹8473

Book Value ₹ 2470.3

Face Value 10

52W High ₹14000

Dividend Yield 0%

52W Low ₹ 4930.9

Edit Ratio

Inox Wind Energy Research see more...

Overview Inc. Year: 2020Industry: Power Generation/Distribution

Inox Wind Energy Ltd engages in the generation and sale of wind power. The company additionally manufactures and sells wind turbine generators, and associated infrastructure facilities. It also offers erection, procurement, and commissioning services, in addition to operations, protection, and development offerings of wind farms. The organization was established in 2020 and is based in Noida, India. Inox Wind Energy Ltd operates as a subsidiary of Inox Leasing and Finance Ltd

Inox Wind Energy Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Inox Wind Energy Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Inox Wind Energy Profit & Loss

#(Fig in Cr.)	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Net Sales	716	595	730	1746
Other Income	133	32	21	315
Total Income	849	628	751	2061
Total Expenditure	961	935	999	1737
Operating Profit	-112	-307	-247	324
Interest	240	272	327	240
Depreciation	93	91	97	113
Exceptional Income / Expenses	0	0	0	-14
Profit Before Tax	-472	-670	-672	-43
Provision for Tax	-140	-175	19	46
Profit After Tax	-332	-496	-691	-89
Adjustments	160	213	320	22
Profit After Adjustments	-172	-282	-371	-68
Adjusted Earnings Per Share	-156.6	-257	-330.4	-56

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	139%	35%	0%	0%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	65%	126%	NA%	NA%
ROE Average	-6%	-33%	-30%	-30%
ROCE Average	5%	-6%	-7%	-7%

Inox Wind Energy Balance Sheet

#(Fig in Cr.)	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	1540	1479	1056	1852
Minority's Interest	587	491	1283	1539
Borrowings	448	438	888	227
Other Non-Current Liabilities	-303	-270	-434	-441
Total Current Liabilities	2964	3449	2789	2990
Total Liabilities	5237	5588	5581	6337
Fixed Assets	1262	1397	1651	1843
Other Non-Current Assets	902	922	825	1145
Total Current Assets	3073	3260	3105	3068
Total Assets	5237	5588	5581	6337

Inox Wind Energy Cash Flow

#(Fig in Cr.)	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	0	130	67	22
Cash Flow from Operating Activities	-96	-385	-1103	-367
Cash Flow from Investing Activities	3	-12	258	486
Cash Flow from Financing Activities	217	334	800	-129
Net Cash Inflow / Outflow	123	-63	-45	-10
Closing Cash & Cash Equivalent	130	67	22	12

Inox Wind Energy Ratios

#	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	-156.59	-257	-330.43	-56.04
CEPS(Rs)	-217.08	-367.91	-528.92	19.57
DPS(Rs)	0	0	0	0
Book NAV/Share(Rs)	1402.2	1248.6	925.52	1537.46
Core EBITDA Margin(%)	-34.12	-57.03	-36.81	0.51
EBIT Margin(%)	-32.3	-66.96	-47.23	11.29
Pre Tax Margin(%)	-65.86	-112.6	-92.04	-2.44
PAT Margin (%)	-46.31	-83.25	-94.65	-5.1
Cash Profit Margin (%)	-33.29	-67.89	-81.31	1.35
ROA(%)	-6.33	-9.16	-12.37	-1.5
ROE(%)	-21.54	-34.04	-57.33	-6.17
ROCE(%)	-8.14	-13.12	-10.43	5.41
Receivable days	533.66	650.55	475.5	205.29
Inventory Days	467.15	588.79	533.52	248.19
Payable days	1557.82	-7169.77	0	0
PER(x)	0	0	0	0
Price/Book(x)	0	0.57	1.19	3.78
Dividend Yield(%)	0	0	0	0
EV/Net Sales(x)	1.49	4.04	4.5	5.16
EV/Core EBITDA(x)	-9.59	-7.83	-13.26	27.83
Net Sales Growth(%)	0	-16.9	22.61	139.25
EBIT Growth(%)	0	-72.26	13.53	157.22
PAT Growth(%)	0	-49.38	-39.4	87.1
EPS Growth(%)	0	-64.13	-28.57	83.04
Debt/Equity(x)	0.85	1.21	2.23	1.12
Current Ratio(x)	1.04	0.95	1.11	1.03
Quick Ratio(x)	0.73	0.65	0.71	0.61
Interest Cover(x)	-0.96	-1.47	-1.05	0.82
Total Debt/Mcap(x)	0	2.24	1.88	0.3

Inox Wind Energy Shareholding Pattern

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	68.72	68.72	67.28	67.26	69.51	69.51	69.51	69.51	69.51	69.51
FII	5.37	5.37	5.28	5.22	4.86	3.75	2.65	3.14	3.53	3.89
DII	3.12	2.37	2.3	2.2	1.99	1.55	0.81	0.71	0.95	1.8
Public	22.78	23.54	25.14	25.32	23.64	25.2	27.04	26.65	26.01	24.81
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	0.75	0.75	0.75	0.75	0.84	0.84	0.84	0.84	0.84	0.84
FII	0.06	0.06	0.06	0.06	0.06	0.05	0.03	0.04	0.04	0.05
DII	0.03	0.03	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0.02
Public	0.25	0.26	0.28	0.28	0.28	0.3	0.33	0.32	0.31	0.3
Others	0	0	0	0	0	0	0	0	0	0
Total	1.1	1.1	1.12	1.12	1.2	1.2	1.2	1.2	1.2	1.2

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -33% over the last 3 years.
Stock is trading at 3.4 times its book value.

* 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.