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Inox Wind Ltd share price logo

Inox Wind Ltd

(INOXWIND)

₹188.460.35%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Inox Wind Ltd Analyst Rating

based on 5 analysts

BUY

83.33%

Buy

16.67%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Inox Wind Ltd. An average target of ₹247.4

Source: S&P Global Market Intelligence

Inox Wind Ltd Share analysis

Inox Wind Ltd price forecast by 5 analysts

Upside of31.73%

High

₹275

Target

₹247.40

Low

₹233

Inox Wind Ltd target price ₹247.4, a slight upside of 31.73% compared to current price of ₹188.46. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Inox Wind Ltd Performance

  • Day's Low

    Day's High

    ₹184.02
    Day's Price Range
    ₹190.69
  • 52 Week's Low

    52 Week's High

    ₹99
    52-Week Price Range
    ₹261.9
1 Month Return-0.47 %
3 Month Return-25.97 %
1 Year Return+ 64.9 %
Previous Close₹187.81
Open₹188.05
Volume45.10L
Upper Circuit-
Lower Circuit-
Market Cap₹24,753.83Cr

Inox Wind Ltd Key Statistics

P/E Ratio70.81
PEG Ratio10.33
Market Cap₹24,753.83 Cr
P/B Ratio8.13
EPS-0.404991900161997
Dividend Yield0
SectorCapital Goods - Electrical Equipment
ROE0

Inox Wind Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹24,753.83 Cr422.95%0.78-₹53 Cr₹1,743 Cr
NA₹151.76 Cr80.82%0.59₹7 Cr₹96 Cr
NA₹277.96 Cr365.85%0.63NANA
NA₹3,219.37 Cr3.89%0.54₹63 Cr₹1,019 Cr
NA₹4,256.96 Cr295.61%0.63₹16 Cr₹442 Cr

About Inox Wind Ltd

Inox Wind Ltd. is a leading Indian wind energy solutions provider, incorporated in 2009. It provides end-to-end solutions in the wind energy sector, ranging from development of wind farms to manufacturing, sales and servicing of wind turbines.

Inox Wind operates in two lines of business: Wind Energy Solutions and Wind Turbine Manufacturing. The Wind Energy Solutions division provides end-to-end services for the development of wind farms, while the Wind Turbine Manufacturing division produces high-quality wind turbines. Inox Wind’s top products include its advanced Wind Turbine Generators (WTGs) and the Wind Farm Management System (WFMS).

Inox Wind is the manufacturer of two popular brands: INOX Wind and INOX Power. INOX Wind turbines are designed to offer superior performance and reliability, while INOX Power turbines are designed for low cost of ownership and high efficiency. In addition, Inox Wind provides a range of services, including wind farm development, wind turbine installation, O&M services and after-sales support.

Share Price: ₹188.46 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹24,753.83Cr as of today
Revenue: ₹732.24Cr as on September 2024 (Q3 24)
Net Profit: ₹90.20Cr as on September 2024 (Q3 24)
Listing date: 09 Apr, 2015
OrganisationInox Wind Ltd
HeadquartersNoida
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Inox Wind Ltd

  • Inox Wind Secures Major Order Amid Stock Correction - 18 Dec, 2024

    Inox Wind Limited announced a 60 MW equipment supply order from Serentica Renewables, while its shares have corrected 28% from record highs due to profit booking.
  • Inox Wind Targets Fourfold Revenue Growth - 17 Dec, 2024

    Inox Wind is on track for a fourfold revenue growth this year. The company has also raised its EBITDA guidance from 15% to 17%, indicating strong financial performance.
  • Inox Wind Expands Renewable Energy Ventures - 15 Dec, 2024

    Inox Wind plans significant expansion in renewable energy, targeting 3GW hybrid portfolio and launching Inox Solar for solar manufacturing. Q2FY25 shows strong revenue growth and profitability improvements.
  • Inox Wind Reports Strong Revenue Growth Despite Stock Decline - 14 Dec, 2024

    Inox Wind Limited's shares fell 3% to Rs 196.70, with a 33% discount from its 52-week high. However, revenue surged 67% to Rs 732 crores, and net profits rose to Rs 90 crores from a loss of Rs 27 crores in Q2FY24.
  • Inox Wind Shares Surge on Solar Manufacturing News - 11 Dec, 2024

    Inox Wind's stock gained 1.60% following the announcement of the INOXGFL Group's entry into solar manufacturing, targeting 5 GW capacity with Rs 1,500 crore investment.
  • ICICI Securities Recommends Buy on Inox Wind - 09 Dec, 2024

    ICICI Securities has issued a buy recommendation for Inox Wind with a target price of Rs 245, noting a significant increase in total income and net profit for the latest quarter. The company is expanding its operations in the renewable energy sector.
  • Inox Wind Reports Strong Financial Performance - 07 Dec, 2024

    Inox Wind Limited has shown remarkable growth, with a 48.29% increase in revenue and a turnaround from net loss to a net profit of Rs. 90 crore in Q2 FY25. The stock has delivered a 141.19% return over the past year and 1,997.15% over five years, reflecting strong market performance.
  • Inox Wind Reports Strong Growth and Financial Performance - 06 Dec, 2024

    Inox Wind's stock has surged 1984% over five years, with a 141% rise in the past year. The company reported its strongest Q2 performance in eight years, achieving net cash status and positive operational cash flow. With a robust order book and strategic growth plans, Inox Wind is poised for its best profitability in FY25.
  • Inox Wind Expands into Renewable Energy Sector - 05 Dec, 2024

    Inox Wind is diversifying into renewable power generation, targeting 3GW capacity by FY27/FY28, and expanding into solar production and hybrid solutions. ICICI Securities maintains a BUY rating with a target price of Rs 245.
  • Inox Wind Plans Significant Growth in Wind Energy - 04 Dec, 2024

    Inox Wind Limited shares fell by 1.41% to ₹203.64. The company aims for a four-fold EBITDA increase by 2027, scaling turbine delivery from 800 MW to 2 GW, supported by a 3.4 GW order backlog.
  • Inox Wind Shares Surge After Subsidiary Divestment - 03 Dec, 2024

    Inox Wind's share price rose over 6% after announcing the divestment of Aliento Wind Energy. The company is on track for record profitability in FY25, with a strong order book of 3.3 GW and improved margins. Recent performance shows significant revenue growth despite competition.
  • Inox Wind Reports Strong Earnings and Stock Surge - 02 Dec, 2024

    Inox Wind shares surged on December 2, 2024, following strong Q2 results, a robust order book, and a BUY recommendation from Axis Securities with a target of Rs 270.
  • Inox Wind Reports Strong Q2 FY25 Performance - 28 Nov, 2024

    Inox Wind Ltd achieved a remarkable turnaround in Q2 FY25, reporting a revenue of ₹732.24 crore, up 97.56% YoY, and a net profit of ₹92.89 crore. The company has a robust order book of 3.3 GW and a strong market presence in wind energy solutions.
  • Inox Wind Reports Strong Q1 FY25 Financials - 24 Nov, 2024

    Inox Wind Ltd reported a significant revenue increase of 97% to Rs.732 crore for Q1 FY25, with net profits rising to Rs.90 crore from a loss of Rs.27 crore.
  • Inox Wind Faces Short-Term Decline but Analysts Remain Bullish - 20 Nov, 2024

    Inox Wind shares have dropped 27.47% from a record high, but analysts maintain a positive outlook with buy ratings and target prices of Rs 270-275, citing strong growth potential and a robust order book.

Insights on Inox Wind Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 8 quarters, -287.22 Cr → 92.89 Cr (in ₹), with an average increase of 414.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 13.37% to 15.82% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 7 quarters, 193.83 Cr → 741.74 Cr (in ₹), with an average increase of 18.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Insolation Energy Ltd has given 452.4% return, outperforming this stock by 367.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Inox Wind Energy Ltd has given 1232.5% return, outperforming this stock by 697.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 48.27% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.75% to 7.21% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.49% to 26.66% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, INOXWIND stock has moved down by -6.1%

Inox Wind Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹370.64Cr (-)₹503.45Cr (↑35.83%)₹527.73Cr (↑4.82%)₹638.81Cr (↑21.05%)₹732.24Cr (↑14.63%)
Net Income-₹26.84Cr (-)₹1.81Cr (↓106.74%)₹36.71Cr (↑1,928.18%)₹50.38Cr (↑37.24%)₹90.20Cr (↑79.04%)
Net Profit Margin-7.24% (-)0.36% (↓104.97%)6.96% (↑1,833.33%)7.89% (↑13.36%)12.32% (↑56.15%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,276.51Cr (-)₹4,511.77Cr (↑5.50%)₹4,786.77Cr (↑6.10%)₹5,348.74Cr (↑11.74%)
Total Liabilities₹2,687.78Cr (-)₹2,277.88Cr (↓15.25%)₹2,465.27Cr (↑8.23%)₹3,258.01Cr (↑32.16%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹325.64Cr (-)-₹103.84Cr (↓131.89%)-₹541.79Cr (↑421.75%)-₹699.92Cr (↑29.19%)-₹507.27Cr (↓27.52%)

Index Inclusions

Nifty Alpha 50

₹56,427.75

-2.86 (-1661.65%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty Small 100

₹18,714.30

-2.19 (-418.8%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Inox Wind Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
48.27%
0.00
Foreign Institutions
15.82%
18.31
Mutual Funds
7.21%
-6.98
Retail Investors
26.66%
-6.40
Others
2.04%
-3.91

Inox Wind Ltd Key Indicators

Details2020202120222023
Return On Equity %-11.97-11.61-18.84-17.33
Details20202021202220232024
Return On Assets %-6.65-7.15-10.64-14.8-0.76
Details20202021202220232024
Book Value Per Share (₹)1914.8210.2513.1413.02
Details20202021202220232024
Earning Per Share (₹)-3.15-3.46-5.44-5.47-0.4

Inox Wind Ltd Valuation

Inox Wind Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-682.50x)

January 22, 2018

Today (70.81x)

December 19, 2024

Industry (148.94x)

December 19, 2024

Highest (148.09x)

September 20, 2024

LowHigh

Inox Wind Ltd Earnings and Dividends

  • Inox Wind Ltd Earnings Results

    Inox Wind Ltd’s net profit jumped 485.12% since last year same period to ₹92.89Cr in the Q2 2024-2025. On a quarterly growth basis, Inox Wind Ltd has generated 79.26% jump in its net profits since last 3-months.

    Read More about Earnings Results

Inox Wind Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Inox Wind Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Inox Wind Ltd

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Inox Wind Ltd (INOXWIND) share price today is ₹188.46

Inox Wind Ltd is listed on NSE

Inox Wind Ltd is listed on BSE

  • Today’s highest price of Inox Wind Ltd is ₹190.69.
  • Today’s lowest price of Inox Wind Ltd is ₹184.02.

PE Ratio of Inox Wind Ltd is 70.81

PE ratio = Inox Wind Ltd Market price per share / Inox Wind Ltd Earnings per share

Today’s traded volume of Inox Wind Ltd(INOXWIND) is 45.10L.

Today’s market capitalisation of Inox Wind Ltd(INOXWIND) is ₹24753.83Cr.

Inox Wind Ltd(INOXWINDPrice
52 Week High
₹261.9
52 Week Low
₹99

Inox Wind Ltd(INOXWIND) share price is ₹188.46. It is down -28.04% from its 52 Week High price of ₹261.9

Inox Wind Ltd(INOXWIND) share price is ₹188.46. It is up 90.36% from its 52 Week Low price of ₹99

Inox Wind Ltd(INOXWINDReturns
1 Day Returns
0.65%
1 Month Returns
-0.47%
3 Month Returns
-25.97%
1 Year Returns
64.9%