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 ₹ 9,367 Cr.
- Current Price ₹ 7,780
- High / Low ₹ 8,404 / 2,301
- Stock P/E 9.20
- Book Value ₹ 1,698
- Dividend Yield 0.00 %
- ROCE 66.2 %
- ROE 67.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Earnings include an other income of Rs.1,059 Cr.
- Working capital days have increased from 3,212 days to 7,583 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
6 | 16 | 12 | 14 | |
5 | 19 | 3 | 10 | |
Operating Profit | 1 | -2 | 10 | 4 |
OPM % | 19% | -15% | 79% | 31% |
-8 | 100 | 1 | 1,059 | |
Interest | 0 | 1 | 10 | 0 |
Depreciation | 5 | 3 | 3 | 3 |
Profit before tax | -12 | 94 | -2 | 1,060 |
Tax % | 98% | -4% | -372% | 4% |
-24 | 98 | 7 | 1,018 | |
EPS in Rs | -22.16 | 89.06 | 5.88 | 844.66 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 188% |
TTM: | 16888% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 122% |
1 Year: | 220% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 68% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 12 |
Reserves | 825 | 923 | 946 | 2,033 |
0 | 40 | 0 | 205 | |
68 | 94 | 62 | 81 | |
Total Liabilities | 904 | 1,068 | 1,019 | 2,331 |
71 | 53 | 32 | 30 | |
CWIP | 38 | 38 | 38 | 38 |
Investments | 25 | 856 | 856 | 1,952 |
771 | 121 | 93 | 311 | |
Total Assets | 904 | 1,068 | 1,019 | 2,331 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
15 | 37 | -4 | -7 | |
-14 | -99 | 42 | -250 | |
-0 | 62 | -39 | 257 | |
Net Cash Flow | 1 | -0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 118 | 63 | 0 | 0 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 118 | 63 | 0 | 0 |
Working Capital Days | 27,120 | 884 | 1,169 | 7,583 |
ROCE % | -1% | 1% | 66% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Certificate under Regulation 74(5) of the SEBI (Depository and Participants Regulations, 2018 for the quarter ended 30th June, 2024.
- Closure of Trading Window 29 Jun
- Shareholder Meeting / Postal Ballot-Outcome of EGM 27 Jun
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Jun
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.