Inox Wind Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 8, 2025, 2:53 pm

Quick Insight

Inox Wind Ltd, operating within the heavy engineering sector, currently trades at ₹159 with a market capitalization of ₹32,738 crore. Despite a high Price-to-Earnings (P/E) ratio of 73.4, which may suggest overvaluation, its Return on Equity (ROE) of 13.2% and Return on Capital Employed (ROCE) of 11.5% indicate reasonable profitability. The company's operating profit margin (OPM) stands at a robust 20%, complemented by net profits of ₹438 crore. However, a concerning cash conversion cycle (CCC) of 465 days and a debt-to-equity ratio indicated by borrowings of ₹1,500 crore raise caution. With 48.27% promoter holding and a total of 3,87,105 shareholders, the company’s fundamentals suggest a cautious investment outlook, as investors weigh profitability against liquidity challenges.

Competitors of Inox Wind Ltd

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Quarterly Result

Last Updated: August 1, 2025, 7:15 pm

Below is a detailed analysis of the quarterly data for Inox Wind Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Sales, as of Mar 2025, the value is 1,275.00 Cr.. The value appears strong and on an upward trend. It has increased from 911.00 Cr. (Dec 2024) to 1,275.00 Cr., marking an increase of 364.00 Cr..
• For Expenses, as of Mar 2025, the value is 1,021.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 707.00 Cr. (Dec 2024) to 1,021.00 Cr., marking an increase of 314.00 Cr..
• For Operating Profit, as of Mar 2025, the value is 254.00 Cr.. The value appears strong and on an upward trend. It has increased from 204.00 Cr. (Dec 2024) to 254.00 Cr., marking an increase of 50.00 Cr..
• For OPM %, as of Mar 2025, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Dec 2024) to 20.00%, marking a decrease of 2.00%.
• For Other Income, as of Mar 2025, the value is 36.00 Cr.. The value appears to be declining and may need further review. It has decreased from 68.00 Cr. (Dec 2024) to 36.00 Cr., marking a decrease of 32.00 Cr..
• For Interest, as of Mar 2025, the value is 35.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.00 Cr. (Dec 2024) to 35.00 Cr., marking an increase of 1.00 Cr..
• For Depreciation, as of Mar 2025, the value is 48.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 47.00 Cr. (Dec 2024) to 48.00 Cr., marking an increase of 1.00 Cr..
• For Profit before tax, as of Mar 2025, the value is 208.00 Cr.. The value appears strong and on an upward trend. It has increased from 190.00 Cr. (Dec 2024) to 208.00 Cr., marking an increase of 18.00 Cr..
• For Tax %, as of Mar 2025, the value is 8.00%. The value appears to be improving (decreasing) as expected. It has decreased from 42.00% (Dec 2024) to 8.00%, marking a decrease of 34.00%.
• For Net Profit, as of Mar 2025, the value is 190.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Dec 2024) to 190.00 Cr., marking an increase of 80.00 Cr..
• For EPS in Rs, as of Mar 2025, the value is 1.35. The value appears strong and on an upward trend. It has increased from 0.84 (Dec 2024) to 1.35, marking an increase of 0.51.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 5:10 pm

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:56 am

Below is a detailed analysis of the balance sheet data for Inox Wind Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Equity Capital, as of Mar 2025, the value is 1,624.00 Cr.. The value appears strong and on an upward trend. It has increased from 326.00 Cr. (Mar 2024) to 1,624.00 Cr., marking an increase of 1,298.00 Cr..
• For Reserves, as of Mar 2025, the value is 3,423.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,371.00 Cr. (Mar 2024) to 3,423.00 Cr., marking an increase of 2,052.00 Cr..
• For Borrowings, as of Mar 2025, the value is 1,500.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 3,248.00 Cr. (Mar 2024) to 1,500.00 Cr., marking a decrease of 1,748.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 2,248.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,849.00 Cr. (Mar 2024) to 2,248.00 Cr., marking an increase of 399.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 8,795.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,795.00 Cr. (Mar 2024) to 8,795.00 Cr., marking an increase of 2,000.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 2,291.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,813.00 Cr. (Mar 2024) to 2,291.00 Cr., marking an increase of 478.00 Cr..
• For CWIP, as of Mar 2025, the value is 296.00 Cr.. The value appears strong and on an upward trend. It has increased from 266.00 Cr. (Mar 2024) to 296.00 Cr., marking an increase of 30.00 Cr..
• For Investments, as of Mar 2025, the value is 446.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 446.00 Cr., marking an increase of 446.00 Cr..
• For Other Assets, as of Mar 2025, the value is 5,763.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,716.00 Cr. (Mar 2024) to 5,763.00 Cr., marking an increase of 1,047.00 Cr..
• For Total Assets, as of Mar 2025, the value is 8,795.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,795.00 Cr. (Mar 2024) to 8,795.00 Cr., marking an increase of 2,000.00 Cr..

Notably, the Reserves (3,423.00 Cr.) exceed the Borrowings (1,500.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Cash Flow

Free Cash Flow

Share Holding Pattern

Mutual Fund Holdings

Key Financial Ratios

After reviewing the key financial ratios for Inox Wind Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
• For Basic EPS (Rs.), as of Mar 24, the value is -1.56. This value is below the healthy minimum of 5. It has increased from -20.58 (Mar 23) to -1.56, marking an increase of 19.02.
• For Diluted EPS (Rs.), as of Mar 24, the value is -1.56. This value is below the healthy minimum of 5. It has increased from -20.58 (Mar 23) to -1.56, marking an increase of 19.02.
• For Cash EPS (Rs.), as of Mar 24, the value is 1.75. This value is below the healthy minimum of 3. It has increased from -17.32 (Mar 23) to 1.75, marking an increase of 19.07.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 67.24. It has decreased from 69.38 (Mar 23) to 67.24, marking a decrease of 2.14.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 67.24. It has decreased from 69.38 (Mar 23) to 67.24, marking a decrease of 2.14.
• For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 53.48. It has increased from 22.61 (Mar 23) to 53.48, marking an increase of 30.87.
• For PBDIT / Share (Rs.), as of Mar 24, the value is 9.96. This value is within the healthy range. It has increased from -7.43 (Mar 23) to 9.96, marking an increase of 17.39.
• For PBIT / Share (Rs.), as of Mar 24, the value is 6.59. This value is within the healthy range. It has increased from -10.69 (Mar 23) to 6.59, marking an increase of 17.28.
• For PBT / Share (Rs.), as of Mar 24, the value is -1.45. This value is below the healthy minimum of 0. It has increased from -21.14 (Mar 23) to -1.45, marking an increase of 19.69.
• For Net Profit / Share (Rs.), as of Mar 24, the value is -1.62. This value is below the healthy minimum of 2. It has increased from -20.58 (Mar 23) to -1.62, marking an increase of 18.96.
• For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -1.24. This value is below the healthy minimum of 2. It has increased from -20.46 (Mar 23) to -1.24, marking an increase of 19.22.
• For PBDIT Margin (%), as of Mar 24, the value is 18.62. This value is within the healthy range. It has increased from -32.88 (Mar 23) to 18.62, marking an increase of 51.50.
• For PBIT Margin (%), as of Mar 24, the value is 12.32. This value is within the healthy range. It has increased from -47.28 (Mar 23) to 12.32, marking an increase of 59.60.
• For PBT Margin (%), as of Mar 24, the value is -2.70. This value is below the healthy minimum of 10. It has increased from -93.51 (Mar 23) to -2.70, marking an increase of 90.81.
• For Net Profit Margin (%), as of Mar 24, the value is -3.03. This value is below the healthy minimum of 5. It has increased from -91.00 (Mar 23) to -3.03, marking an increase of 87.97.
• For NP After MI And SOA Margin (%), as of Mar 24, the value is -2.31. This value is below the healthy minimum of 8. It has increased from -90.48 (Mar 23) to -2.31, marking an increase of 88.17.
• For Return on Networth / Equity (%), as of Mar 24, the value is -2.38. This value is below the healthy minimum of 15. It has increased from -38.40 (Mar 23) to -2.38, marking an increase of 36.02.
• For Return on Capital Employeed (%), as of Mar 24, the value is 8.73. This value is below the healthy minimum of 10. It has increased from -10.74 (Mar 23) to 8.73, marking an increase of 19.47.
• For Return On Assets (%), as of Mar 24, the value is -0.59. This value is below the healthy minimum of 5. It has increased from -10.96 (Mar 23) to -0.59, marking an increase of 10.37.
• For Long Term Debt / Equity (X), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 0.2. It has decreased from 0.51 (Mar 23) to 0.10, marking a decrease of 0.41.
• For Total Debt / Equity (X), as of Mar 24, the value is 1.91. This value exceeds the healthy maximum of 1. It has increased from 1.39 (Mar 23) to 1.91, marking an increase of 0.52.
• For Asset Turnover Ratio (%), as of Mar 24, the value is 0.27. It has increased from 0.12 (Mar 23) to 0.27, marking an increase of 0.15.
• For Current Ratio (X), as of Mar 24, the value is 0.77. This value is below the healthy minimum of 1.5. It has decreased from 1.09 (Mar 23) to 0.77, marking a decrease of 0.32.
• For Quick Ratio (X), as of Mar 24, the value is 0.48. This value is below the healthy minimum of 1. It has decreased from 0.68 (Mar 23) to 0.48, marking a decrease of 0.20.
• For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.87. This value is below the healthy minimum of 4. It has increased from 0.47 (Mar 23) to 0.87, marking an increase of 0.40.
• For Interest Coverage Ratio (X), as of Mar 24, the value is 1.31. This value is below the healthy minimum of 3. It has increased from -0.71 (Mar 23) to 1.31, marking an increase of 2.02.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.85. This value is below the healthy minimum of 3. It has increased from -0.96 (Mar 23) to 0.85, marking an increase of 1.81.
• For Enterprise Value (Cr.), as of Mar 24, the value is 20,673.77. It has increased from 5,704.11 (Mar 23) to 20,673.77, marking an increase of 14,969.66.
• For EV / Net Operating Revenue (X), as of Mar 24, the value is 11.86. This value exceeds the healthy maximum of 3. It has increased from 7.74 (Mar 23) to 11.86, marking an increase of 4.12.
• For EV / EBITDA (X), as of Mar 24, the value is 63.67. This value exceeds the healthy maximum of 15. It has increased from -23.54 (Mar 23) to 63.67, marking an increase of 87.21.
• For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 9.75. This value exceeds the healthy maximum of 3. It has increased from 4.13 (Mar 23) to 9.75, marking an increase of 5.62.
• For Price / BV (X), as of Mar 24, the value is 10.01. This value exceeds the healthy maximum of 3. It has increased from 1.75 (Mar 23) to 10.01, marking an increase of 8.26.
• For Price / Net Operating Revenue (X), as of Mar 24, the value is 9.75. This value exceeds the healthy maximum of 3. It has increased from 4.13 (Mar 23) to 9.75, marking an increase of 5.62.
• For EarningsYield, as of Mar 24, the value is 0.00. This value is below the healthy minimum of 5. It has increased from -0.21 (Mar 23) to 0.00, marking an increase of 0.21.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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