Inox Wind Energy Ltd

Inox Wind Energy Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Inox Wind Energy Ltd

₹ 2,388 -0.62%
04 Oct - close price
iwel.co.in BSE: 543297 NSE : IWEL
About

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]

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 2,872 Cr.
  • Current Price ₹ 2,388
  • High / Low ₹ 3,050 / 824
  • Stock P/E 468
  • Book Value ₹ 853
  • Dividend Yield 0.00 %
  • ROCE 0.74 %
  • ROE 0.63 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Promoter holding has increased by 2.23% over last quarter.

Cons

  • Stock is trading at 2.80 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.3.59 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
1.77 2.51 1.52 1.31 1.59 1.66 1.17 2.00 2.44 1.83 2.25 4.81 1.75
1.68 76.21 1.92 5.44 7.57 16.63 5.79 1.01 0.37 0.63 1.35 0.66 3.47
Operating Profit 0.09 -73.70 -0.40 -4.13 -5.98 -14.97 -4.62 0.99 2.07 1.20 0.90 4.15 -1.72
OPM % 5.08% -2,936.25% -26.32% -315.27% -376.10% -901.81% -394.87% 49.50% 84.84% 65.57% 40.00% 86.28% -98.29%
3.43 35.16 4.10 29.06 4.84 115.55 2.34 0.18 0.22 1.79 0.30 0.17 1.33
Interest 0.05 0.13 0.00 0.00 0.00 0.01 0.04 1.07 2.28 2.51 2.63 2.81 0.00
Depreciation 2.40 1.37 0.98 0.95 0.96 0.96 0.97 0.68 0.71 0.96 0.69 0.65 0.68
Profit before tax 1.07 -40.04 2.72 23.98 -2.10 99.61 -3.29 -0.58 -0.70 -0.48 -2.12 0.86 -1.07
Tax % 2,758.88% 42.01% -13.60% -1.08% 15.71% -0.33% 7.90% 563.79% 34.29% 50.00% 98.11% -752.33% 15.89%
-28.45 -23.22 3.09 24.24 -1.77 99.94 -3.03 2.69 -0.46 -0.24 -0.04 7.33 -0.90
EPS in Rs 22.07 -1.61 90.98 -2.76 2.45 -0.42 -0.22 -0.04 6.53 -0.80
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 TTM
6.36 16.21 12.46 10.64
5.18 18.59 2.65 6.11
Operating Profit 1.18 -2.38 9.81 4.53
OPM % 18.55% -14.68% 78.73% 42.58%
-8.02 99.93 0.71 3.59
Interest 0.18 1.12 10.23 7.95
Depreciation 5.27 2.78 2.72 2.98
Profit before tax -12.29 93.65 -2.43 -2.81
Tax % -98.05% -4.46% 371.60%
-24.34 97.83 6.60 6.15
EPS in Rs -22.16 89.06 5.88 5.47
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 46%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -94%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 138%
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
10.99 10.99 11.22
Reserves 825.27 923.11 946.13
0.00 40.00 0.00
67.51 93.66 61.99
Total Liabilities 903.77 1,067.76 1,019.34
70.59 53.38 32.30
CWIP 37.82 37.82 37.82
Investments 24.57 855.78 855.78
770.79 120.78 93.44
Total Assets 903.77 1,067.76 1,019.34

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
15.11 36.93 -3.50
-14.20 -99.04 41.80
-0.17 61.72 -38.56
Net Cash Flow 0.75 -0.39 -0.26

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
Debtor Days 117.65 63.05 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 117.65 63.05 0.00
Working Capital Days 27,120.19 884.24 1,169.11
ROCE % -0.52% 0.74%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Aug 2023
68.72% 68.72% 68.72% 68.72% 68.72% 68.73% 68.73% 67.28% 67.26% 69.50%
4.05% 6.14% 5.78% 5.78% 5.77% 5.37% 5.37% 5.27% 5.22% 4.86%
4.68% 3.25% 3.12% 3.12% 3.12% 3.12% 2.36% 2.30% 2.20% 2.07%
0.45% 0.45% 0.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
22.10% 21.44% 21.93% 22.37% 22.39% 22.79% 23.53% 25.15% 25.32% 23.57%
No. of Shareholders 12,89212,19111,70511,47411,33211,30111,21910,59011,30111,801

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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