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 ₹ 8,812 Cr.
- Current Price ₹ 7,314
- High / Low ₹ 7,399 / 1,062
- Stock P/E 8.61
- Book Value ₹ 1,072
- Dividend Yield 0.00 %
- ROCE 0.74 %
- ROE 0.63 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.82 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1,058 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|
| 6 | 16 | 12 | 14 | |
| 5 | 19 | 3 | 7 | |
| Operating Profit | 1 | -2 | 10 | 7 |
| OPM % | 19% | -15% | 79% | 50% |
| -8 | 100 | 1 | 1,058 | |
| Interest | 0 | 1 | 10 | 3 |
| Depreciation | 5 | 3 | 3 | 3 |
| Profit before tax | -12 | 94 | -2 | 1,060 |
| Tax % | -98% | -4% | 372% | |
| -24 | 98 | 7 | 1,024 | |
| EPS in Rs | -22.16 | 89.06 | 5.88 | 850.13 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 73015% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 558% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 12 |
| Reserves | 825 | 923 | 946 | 1,279 |
| 0 | 40 | 0 | 140 | |
| 68 | 94 | 62 | 52 | |
| Total Liabilities | 904 | 1,068 | 1,019 | 1,484 |
| 71 | 53 | 32 | 31 | |
| CWIP | 38 | 38 | 38 | 38 |
| Investments | 25 | 856 | 856 | 1,203 |
| 771 | 121 | 93 | 213 | |
| Total Assets | 904 | 1,068 | 1,019 | 1,484 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 15 | 37 | -4 | |
| -14 | -99 | 42 | |
| -0 | 62 | -39 | |
| Net Cash Flow | 1 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 118 | 63 | 0 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 118 | 63 | 0 |
| Working Capital Days | 27,120 | 884 | 1,169 |
| ROCE % | -1% | 1% |
Documents
Announcements
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Outcome Of Board Meeting
6h - Outcome of the Board Meeting of the Company held on April 25, 2024.
-
Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015
19 Apr - Certificate for the year ended 31st March, 2024 issued by M/s. Samdani Shah & Kabra, Practicing Company Secretaries.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Compliance certificate under Reg. 74(5) SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2024
- Compliance Certificate In Respect Of Share Transfer Facility For The Year Ended On 31St March, 2024 9 Apr
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.