Inox Wind Energy Ltd - Stock Valuation and Financial Performance

BSE: 543297 | NSE: IWEL | Power Generation/Distribution | Small Cap

Inox Wind Energy Share Price

8,085.25 385.00 5.00%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Inox Wind Energy

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Inox Wind Energy stock performance -

mw4me loader
P/E Ratio (SA):
9.57
Market Cap:
9,740.8 Cr.
52-wk low:
2,250
52-wk high:
8,220

Is Inox Wind Energy Ltd an attractive stock to invest in?

1. Is Inox Wind Energy Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Inox Wind Energy Ltd is a below average quality company.

2. Is Inox Wind Energy Ltd undervalued or overvalued?

The key valuation ratios of Inox Wind Energy Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Inox Wind Energy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Inox Wind Energy Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Inox Wind Energy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Inox Wind Energy Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Dec'20Mar'21Mar'22Mar'23TTM
ROCE % -1,472.2%1.7%3.2%1.3%-
Value Creation
Index
NA-0.9-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 06.416.212.514
Sales YoY Gr.-NA154.9%-23.1%-
Adj EPS -2.712.825.65.3844.7
YoY Gr.-NA99.4%-79.1%-
BVPS (₹) -1.7761.3850.3853.21,697.5
Adj Net
Profit
014.128.161,018
Cash Flow from Ops. 015.136.9-3.5-
Debt/CF from Ops. -101.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA-23.1%
Adj EPS NANANA-79.1%
BVPSNANANA0.3%
Share Price - - 153.2% 254.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
160.61.73.10.666.2
Op. Profit
Mgn %
018.6-14.878.730.6
Net Profit
Mgn %
0221.5173.248.17208.3
Debt to
Equity
-1.10000
Working Cap
Days
009,4402,94111,779
Cash Conv.
Cycle
00-341-2589,288

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 66.20%

Sales growth is good in last 4 quarters at 14.30%

Sales growth has been subdued in last 3 years 0.00%

Latest Financials - Inox Wind Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 844.7 -56
TTM Sales (₹ Cr.) 14.1 1,746
BVPS (₹.) 1,697.5 1,537.5
Reserves (₹ Cr.) 2,033 1,840
P/BV 4.76 5.26
PE 9.57 0.00
From the Market
52 Week Low / High (₹) 2250.00 / 8219.95
All Time Low / High (₹) 188.95 / 8219.95
Market Cap (₹ Cr.) 9,741
Equity (₹ Cr.) 12.1
Face Value (₹) 10
Industry PE 25.7

Management X-Ray of Inox Wind Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Inox Wind Energy

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales61612
Operating Expenses 85303
Manufacturing Costs200
Material Costs000
Employee Cost 100
Other Costs 82303
Operating Profit -79-1410
Operating Profit Margin (%) -1,235.8%-84.4%78.7%
Other Income 721110
Interest 0110
Depreciation 533
Exceptional Items 000
Profit Before Tax -1293-3
Tax 12-4-9
Profit After Tax -24976
PAT Margin (%) -382.0%601.5%48.1%
Adjusted EPS (₹)-22.188.75.3
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 836934957
Share Capital 111111
Reserves 825923946
Minority Interest000
Debt0400
Long Term Debt000
Short Term Debt0400
Trade Payables422
Others Liabilities 649160
Total Liabilities 9041,0681,019

Fixed Assets

Gross Block937754
Accumulated Depreciation232422
Net Fixed Assets715332
CWIP 383838
Investments 25856856
Inventories000
Trade Receivables230
Cash Equivalents 100
Others Assets76811893
Total Assets 9041,0681,019

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity 1537-4
PBT -1294-2
Adjustment 46-1074
Changes in Working Capital -1851-6
Tax Paid -1-11
Cash Flow From Investing Activity -14-9942
Capex 23227
Net Investments 271120
Others -64-21314
Cash Flow From Financing Activity 062-39
Net Proceeds from Shares 000
Net Proceeds from Borrowing 000
Interest Paid 0-1-10
Dividend Paid 000
Others 063-28
Net Cash Flow 100
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)-2.9111.010.63
ROCE (%)-1.4410.30.73
Asset Turnover Ratio0.010.020.01
PAT to CFO Conversion(x)N/A0.38-0.67
Working Capital Days
Receivable Days118550
Inventory Days000
Payable Days000

Inox Wind Energy Ltd Stock News

Inox Wind Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Inox Wind Energy on 12-Jul-2024 16:01 is ₹8,085.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Jul-2024 16:01 the market cap of Inox Wind Energy stood at ₹9,740.8.
The latest P/E ratio of Inox Wind Energy as of 12-Jul-2024 16:01 is 9.57.
The latest P/B ratio of Inox Wind Energy as of 12-Jul-2024 16:01 is 4.76.
The 52-week high of Inox Wind Energy is ₹8,220 and the 52-week low is ₹2,250.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Inox Wind Energy is ₹14.12 ( Cr.) .

About Inox Wind Energy Ltd

Inox Wind Energy Limited (IWEL) is incorporated as Public Limited Company on March 6, 2020 under the provisions of Companies Act, 2013 in the State of Gujarat. 

Business area of the company 

The Main Object of the Company is to engage in the business of generation and sale of wind energy and providing related services and to make investment in the shares, debentures and other securities of Renewable Energy Business. The Company has received Renewable Energy Business on going concern basis as per the Order dated January 25, 2021 of the National Company Law Tribunal, Ahmedabad Bench, with effect from Appointed date April 1, 2020.

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