Check Before You Invest : Inox Wind Ltd

Q: Which industry/sub-sector does Inox Wind Ltd belong to?

Inox Wind Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Electric Equipment segment.

Q: Is Inox Wind Ltd a good quality company?

Inox Wind Ltd is a weak quality company, based on a inconsistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Inox Wind Ltd undervalued or overvalued?

Inox Wind Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 35.33, Historic Median: -. Price to Book, Current: 2.69, Historic Median: 3.95. Price to Sales, Current: 4.04, Historic Median: 6.84. EV to EBITDA, Current: 17.07, Historic Median: 17.86

Q: Is Inox Wind Ltd a good buy now?

Inox Wind Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Inox Wind Ltd?

Inox Wind Ltd revenue growth is 104.1% for FY-2025, which is above its 5-year CAGR of 36.16%, indicating faster growth.

Q: Gross Profit margin of Inox Wind Ltd?

Inox Wind Ltd Gross profit margin which is the profit after deduction of direct costs, is 20.6% for FY-2025, which is above its 5-year median of -48.5%, indicating increasing margins.

Q: Operating Profit Margin of Inox Wind Ltd?

Inox Wind Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 21.29% for FY-2025, which is above its 5-year median of -23.19% indicating increasing margins.

Q: Net Profit Margin of Inox Wind Ltd?

Inox Wind Ltd Net Profit Margin is 12.23% for FY-2025, is above its 5-year median of -43.21%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 20.6, Historic Median: -48.5. Operating Profit Margin (%), Current: 21.29, Historic Median: -23.19. Net Profit Margin (%), Current: 12.23, Historic Median: -43.21

Q: Return on Asset of Inox Wind Ltd?

Inox Wind Ltd Return on Asset is 5.92%, which is above its 5-year historical median of -6.09%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of Inox Wind Ltd?

Inox Wind Ltd Return on capital employed is 12.33% for FY-2025, which is above its 5-year historical median of -7.16%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Check Before You Invest : Inox Wind Ltd

Snapshot

Q.1 Which industry/sub-sector does Inox Wind Ltd belong to?

Inox Wind Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Electric Equipment segment.

Q.2 Is Inox Wind Ltd a good quality company?

Inox Wind Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Inox Wind Ltd undervalued or overvalued?

Inox Wind Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	35.33	-
Price to Book	2.69	3.95
Price to Sales	4.04	6.84
EV to EBITDA	17.07	17.86

Q.4 Is Inox Wind Ltd a good buy now?

Inox Wind Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Inox Wind Ltd?

Inox Wind Ltd revenue growth is 104.1% for FY-2025, which is above its 5-year CAGR of 36.16%, indicating faster growth.

Q.2 Gross Profit margin of Inox Wind Ltd?

Inox Wind Ltd Gross profit margin which is the profit after deduction of direct costs, is 20.6% for FY-2025, which is above its 5-year median of -48.5%, indicating increasing margins.

Q.3 Operating Profit Margin of Inox Wind Ltd?

Inox Wind Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 21.29% for FY-2025, which is above its 5-year median of -23.19% indicating increasing margins.

Q.4 Net Profit Margin of Inox Wind Ltd?

Inox Wind Ltd Net Profit Margin is 12.23% for FY-2025, is above its 5-year median of -43.21%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	20.6	-48.5
Operating Profit Margin (%)	21.29	-23.19
Net Profit Margin (%)	12.23	-43.21

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Inox Wind Ltd?

Inox Wind Ltd Return on Asset is 5.92%, which is above its 5-year historical median of -6.09%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Inox Wind Ltd?

Inox Wind Ltd Return on capital employed is 12.33% for FY-2025, which is above its 5-year historical median of -7.16%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Q.7 Return on Equity (ROE) of Inox Wind Ltd?

Inox Wind Ltd Return on equity is 13.2% for FY-2025, which is above its 5-year historical median of -20.46%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of Inox Wind Ltd?

Inox Wind Ltd Cash conversion cycle is 213 days, below its 5-year historical median of 599 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.48	0.14
ROE (%)	13.2	-20.46
ROCE (%)	12.33	-7.16
Cash Conversion Cycle	213 days	599 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Inox Wind Ltd?

Inox Wind Ltd Debt-to-Equity ratio is 0.30, which is lower the industry average of 0.29, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Inox Wind Ltd?

Inox Wind Ltd Debt to cash flow from operations is 10.63, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Inox Wind Ltd?

Q.1 Promoter shareholding and pledge status of Inox Wind Ltd?

Promoters hold 44.18% of the Inox Wind Ltd, with 10.37% of their stake pledged, indicating high pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Inox Wind Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Inox Wind Ltd vs industry peers?

Inox Wind Ltd revenue CAGR is 36.16%, compared to the industry median CAGR of 13.19%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	104.1	13.2
Gross Profit Growth (%)	864.5	27.9
Operating Profit Growth (%)	4,631.3	28.4
Net Profit Growth (%)	0	28.5

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.48	1.05
ROE (%)	13.2	9.8
ROCE (%)	12.33	13.56
Cash Conversion Cycle (days)	213.03	99

Valuation & price assessment

Q.1 Stock return of Inox Wind Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 5.7% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	5.7%	40.5%	55%	-33%

Q.2 Valuation ratios of Inox Wind Ltd vs historical?

The current P/E ratio of 35.33 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	35.33	-	38.08
Price to Book	2.69	3.95	3.97
Price to Sales	4.04	6.84	2.75
EV to EBITDA	17.07	17.86	18.75

Check more companies

1. Schneider Ele. Infra

2. TD Power Systems

3. Emmvee Photovoltaic

4. Inox Wind

5. V-Guard Inds.

6. Atlanta Electricals

7. Genus Power Infra

8. Quality Power Elect.

9. Transformers & Rect

10. Voltamp Transformers

Check trending companies

1. RHI Magnesita India Ltd.

2. Happiest Minds Technologies Ltd.

3. Marico Ltd.

4. Britannia Industries Ltd.

5. Deepak Nitrite Ltd.

Check Before You Invest : Inox Wind Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.