INOXWIND - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 3.9
| Stock Code | INOXWIND | Market Cap | 17,447 Cr. | Current Price | 101 ₹ | High / Low | 198 ₹ |
| Stock P/E | 26.9 | Book Value | 35.3 ₹ | Dividend Yield | 0.00 % | ROCE | 11.8 % |
| ROE | 10.2 % | Face Value | 10.0 ₹ | DMA 50 | 95.0 ₹ | DMA 200 | 120 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | 0.59 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 247 Cr. |
| RSI | 61.2 | MACD | 4.44 | Volume | 4,25,79,213 | Avg Vol 1Wk | 2,05,16,956 |
| Low price | 74.9 ₹ | High price | 198 ₹ | PEG Ratio | 0.53 | Debt to equity | 0.12 |
| 52w Index | 21.1 % | Qtr Profit Var | 96.0 % | EPS | 4.03 ₹ | Industry PE | 37.9 |
Financials: Inox Wind shows moderate fundamentals with ROCE at 11.8% and ROE at 10.2%. EPS of ₹4.03 is modest, but quarterly PAT of ₹126 Cr. reflects profitability despite decline from ₹247 Cr. Debt-to-equity ratio of 0.12 indicates manageable leverage.
Valuation: P/E of 26.9 is below industry average (37.9), suggesting relative undervaluation. PEG ratio of 0.53 highlights attractive growth-adjusted valuation. Dividend yield is nil, limiting income appeal.
Business Model: Inox Wind operates in renewable energy, benefiting from long-term demand for clean power. Competitive advantage lies in wind turbine manufacturing and project execution.
Entry Zone: Attractive entry between ₹95–₹105 given current price near ₹101, supported by RSI at 61.2 and MACD positivity. Long-term holding depends on sustained profitability and sector growth.
Positive
- PEG ratio of 0.53 indicates strong growth potential
- Low debt-to-equity ratio (0.12) ensures financial stability
- Rising domestic and global demand for renewable energy
- Trading below industry P/E, offering valuation comfort
Limitation
- ROE (10.2%) and ROCE (11.8%) are modest compared to peers
- EPS of ₹4.03 remains low relative to valuation
- Dividend yield at 0.00% reduces investor income appeal
- Profit decline from ₹247 Cr. to ₹126 Cr. raises concerns
Company Negative News
- Sharp quarterly profit drop impacting investor sentiment
- Lack of dividend payouts may deter income-focused investors
Company Positive News
- Strong quarterly profit variation (+96%) year-on-year
- Increased FII (+0.44%) and DII (+0.59%) holdings show confidence
Industry
- Renewable energy sector enjoys government support and global demand
- Industry P/E of 37.9 highlights Inox Wind trading at discount
Conclusion
Inox Wind offers growth potential in the renewable energy sector with attractive PEG ratio and manageable debt. However, modest return metrics and profit volatility limit its fundamental strength. Entry around ₹95–₹105 is reasonable for investors seeking exposure to clean energy, but long-term holding requires monitoring of profitability trends and sector execution.
Would you like me to also prepare a peer benchmarking overlay comparing Inox Wind against Suzlon and other renewable energy players, so you can see relative strengths and weaknesses in a modular HTML format?