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 ₹ 1,821 Cr.
- Current Price ₹ 1,623
- High / Low ₹ 1,732 / 426
- Stock P/E
- Book Value ₹ 952
- Dividend Yield 0.00 %
- ROCE -10.7 %
- ROE -30.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.44%
- Contingent liabilities of Rs.1,950 Cr.
- Company has high debtors of 411 days.
- Working capital days have increased from 653 days to 1,034 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 | |
---|---|---|---|
716 | 598 | 734 | |
954 | 966 | 1,035 | |
Operating Profit | -237 | -368 | -301 |
OPM % | -33% | -62% | -41% |
99 | 225 | 55 | |
Interest | 240 | 272 | 341 |
Depreciation | 93 | 92 | 105 |
Profit before tax | -472 | -507 | -692 |
Tax % | 30% | 34% | 4% |
Net Profit | -331 | -332 | -664 |
EPS in Rs | -156.80 | -108.66 | -322.17 |
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 200% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
11 | 11 | 11 | |
Reserves | 1,529 | 1,446 | 1,058 |
1,306 | 1,758 | 2,932 | |
2,782 | 2,943 | 2,182 | |
Total Liabilities | 5,628 | 6,158 | 6,183 |
1,262 | 1,397 | 1,651 | |
CWIP | 309 | 188 | 163 |
Investments | 33 | 33 | 1 |
4,024 | 4,541 | 4,368 | |
Total Assets | 5,628 | 6,158 | 6,183 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
-96 | -385 | -1,103 | |
3 | -11 | 258 | |
217 | 334 | 800 | |
Net Cash Flow | 123 | -63 | -45 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 534 | 656 | 411 |
Inventory Days | 1,589 | 843 | |
Days Payable | 1,558 | 1 | |
Cash Conversion Cycle | 565 | 656 | 1,253 |
Working Capital Days | 368 | 558 | 1,034 |
ROCE % | -14% | -11% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - Copy of the advertisements published in the newspapers on 2nd June, 2023 with respect to the Notice of Postal Ballot, remote e-voting and other related …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 1 Jun
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
- Disclosure Under Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 26 May
- Outcome Of Board Meeting Held On 26Th May, 2023 26 May
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.