Inox Wind Energy Ltd
Inox Wind Energy Ltd is engaged in generation and sale of wind energy, provide services for Erection, procurement and commissioning (EPC) of wind farms and holding strategic business interest in renewables.[1]
- Market Cap ₹ 7,861 Cr.
- Current Price ₹ 6,525
- High / Low ₹ 8,049 / 1,155
- Stock P/E
- Book Value ₹ 1,537
- Dividend Yield 0.00 %
- ROCE 4.15 %
- ROE -4.60 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.24 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -17.7% over last 3 years.
- Company has high debtors of 238 days.
* 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.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
716 | 595 | 734 | 1,746 | |
954 | 964 | 1,032 | 1,484 | |
Operating Profit | -237 | -369 | -299 | 262 |
OPM % | -33% | -62% | -41% | 15% |
99 | 63 | 53 | 46 | |
Interest | 240 | 272 | 341 | 240 |
Depreciation | 93 | 91 | 105 | 113 |
Profit before tax | -472 | -670 | -692 | -45 |
Tax % | 30% | 26% | 4% | -104% |
-331 | -495 | -664 | -91 | |
EPS in Rs | -156.80 | -257.00 | -319.10 | -56.04 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
TTM: | 138% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 17% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 446% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -18% |
Last Year: | -5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 12 |
Reserves | 1,529 | 1,446 | 1,040 | 1,840 |
1,306 | 1,758 | 2,329 | 2,078 | |
2,782 | 2,943 | 2,798 | 2,959 | |
Total Liabilities | 5,628 | 6,158 | 6,179 | 6,889 |
1,262 | 1,397 | 1,651 | 1,843 | |
CWIP | 309 | 188 | 163 | 304 |
Investments | 33 | 33 | 1 | 0 |
4,024 | 4,541 | 4,364 | 4,742 | |
Total Assets | 5,628 | 6,158 | 6,179 | 6,889 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
-96 | -385 | -1,103 | -155 | |
3 | -11 | 258 | 274 | |
217 | 334 | 800 | -129 | |
Net Cash Flow | 123 | -63 | -45 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 534 | 659 | 411 | 238 |
Inventory Days | 1,589 | 441 | ||
Days Payable | 1,558 | 214 | ||
Cash Conversion Cycle | 565 | 659 | 411 | 464 |
Working Capital Days | 368 | 555 | 734 | 413 |
ROCE % | -12% | -9% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 May
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 6 May
- Annual Financial Results For The Financial Year Ended March 31, 2024. 3 May
- Board Meeting Outcome for Outcome Of Board Meeting-Financial Results 3 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 May - Publication of Notice for meeting of the Equity Shareholders of Inox Wind Energy Limited to be convened pursuant to the directions of the Hon''ble National …
Formation
The company was formed by the way of a composite scheme of arrangement between GFL Ltd., Inox Renewables Ltd and Inox Wind Energy Ltd.
Part A: GFL's wholly owned subsidiary, Inox Renewables was amalgamated w.e.f. April 2020.