Price
Financials
Consolidated, Rs crore| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 211 | 108 | 227 | 186 | 350 | 371 | 504 | 528 | 640 | 733 | 912 | 1,275 |
| Operating costs | 256 | 131 | 412 | 218 | 321 | 344 | 391 | 429 | 505 | 567 | 707 | 1,021 |
| EBITDA | -45 | -23 | -185 | -32 | 29 | 27 | 113 | 99 | 135 | 166 | 205 | 254 |
| EBITDA margin % | -21% | -22% | -81% | -17% | 8% | 7% | 22% | 19% | 21% | 23% | 22% | 20% |
| Depreciation & amortisation | 26 | 25 | 26 | 23 | 29 | 27 | 29 | 30 | 42 | 45 | 47 | 48 |
| Finance costs | 83 | 91 | 92 | 63 | 69 | 62 | 60 | 55 | 56 | 44 | 35 | 35 |
| Non-operating income | 20 | 1 | 8 | -1 | 5 | 17 | 3 | 23 | 18 | 11 | 82 | 36 |
| Pre-tax profit | -134 | -138 | -294 | -118 | -65 | -46 | 27 | 37 | 55 | 88 | 205 | 208 |
| Effective tax rate % | -3% | -3% | -2% | -4% | 2% | 25% | 124% | -2% | 24% | 4% | 39% | 8% |
| Profit after tax | -130 | -134 | -288 | -113 | -66 | -57 | -7 | 38 | 42 | 84 | 124 | 190 |
| Earnings per share (Rs) | -61.64 | -64.35 | -136.03 | -65.70 | -32.86 | -34.96 | -6.55 | 15.89 | 8.58 | 21.38 | 32.33 | 55.88 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Revenue from operations | 716 | 598 | 730 | 1,746 | 3,557 |
| Operating costs | 954 | 966 | 1,029 | 1,484 | 2,800 |
| EBITDA | -237 | -368 | -299 | 262 | 757 |
| EBITDA margin % | -33% | -62% | -41% | 15% | 21% |
| Depreciation & amortisation | 93 | 92 | 97 | 113 | 182 |
| Finance costs | 240 | 272 | 327 | 240 | 169 |
| Non-operating income | 99 | 225 | 37 | 46 | 131 |
| Pre-tax profit | -472 | -507 | -687 | -45 | 537 |
| Effective tax rate % | -30% | -34% | 3% | 104% | 21% |
| Profit after tax | -331 | -332 | -706 | -91 | 425 |
| Earnings per share (Rs) | -156.58 | -108.51 | -331.05 | -56.26 | 116.30 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | % | % | 81% | 104% | ||
| Profit CAGR | % | % | 40% | 311% | ||
| Share price CAGR | % | 76% | 62% | % | ||
| Average return on equity | % | -8% | -6% | 6% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Net block (property, plant) | 1,262 | 1,397 | 1,651 | 1,843 | 2,291 |
| Capital work in progress | 309 | 188 | 163 | 304 | 296 |
| Investments | 33 | 33 | 1 | 0 | 446 |
| Current & other assets | 4,024 | 4,541 | 4,322 | 4,739 | 5,763 |
| Total assets | 5,628 | 6,158 | 6,137 | 6,886 | 8,795 |
| Share capital | 11 | 11 | 11 | 12 | 12 |
| Reserves & surplus | 1,529 | 1,468 | 1,045 | 1,840 | 3,032 |
| Total debt | 1,306 | 1,758 | 2,329 | 2,078 | 1,500 |
| Other liabilities & provisions | 2,782 | 2,921 | 2,752 | 2,956 | 4,251 |
| Equity + liabilities | 5,628 | 6,158 | 6,137 | 6,886 | 8,795 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -96 | -385 | -1,103 | -367 | 138 |
| Investing cash flow | 3 | -11 | 258 | 486 | -406 |
| Free cash flow (after capex) | -208 | -563 | -1,481 | -882 | -483 |
| Financing cash flow | 217 | 334 | 800 | -129 | 277 |
| Net change in cash | 123 | -63 | -45 | -10 | 9 |
| Cash conversion (OCF / EBITDA) % | 48% | 101% | 371% | -134% | 19% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Return on capital employed % | -12% | -9% | 4% | 11% | |
| Receivable days | 534 | 656 | 414 | 238 | 276 |
| Inventory days | 1,589 | 238 | |||
| Payable days | 1,558 | 188 | |||
| Cash cycle (days) | 565 | 656 | 414 | 238 | 326 |
| Working capital days | -68 | -247 | 22 | -30 | 180 |
| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 68.72% | 68.73% | 68.73% | 67.28% | 67.26% | 69.50% | 69.50% | 69.50% | 69.50% | 69.50% | 69.50% | 69.50% |
| Foreign investors % | 5.77% | 5.37% | 5.37% | 5.27% | 5.22% | 4.87% | 3.75% | 2.64% | 3.13% | 3.53% | 3.89% | 3.70% |
| Domestic institutions % | 3.12% | 3.12% | 2.36% | 2.30% | 2.20% | 2.00% | 1.55% | 0.81% | 0.70% | 0.95% | 1.87% | 2.52% |
| Retail & others % | 22.39% | 22.79% | 23.53% | 25.15% | 25.32% | 23.63% | 25.20% | 27.03% | 26.66% | 26.02% | 24.74% | 24.28% |
| Shareholder count | 11,332 | 11,301 | 11,219 | 10,590 | 11,301 | 11,805 | 13,589 | 16,279 | 16,787 | 18,101 | 17,954 | 17,393 |
Fundamentals
Market value₹ 12,401 Cr.
Last price₹ 10,293
P/E (trailing)86.7
Book value / share₹ 2,537
Return on capital11.4 %
Return on equity5.84 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)104%
Profit CAGR (TTM)311%
Consolidated figures.
Not enough published statements to compute ratios.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | IWEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.4% | -2.8% | -1.7 pts |
| 1 month | -4.7% | -6.8% | +2.1 pts |
| 3 months | +19.8% | -7.6% | +27.4 pts |
| 6 months | -6.1% | +0.4% | -6.5 pts |
| 1 year | +45.1% | -9.9% | +55.0 pts |
| 2 years | +474.2% | -13.6% | +487.8 pts |
| 3 years | +2071.5% | +14.2% | +2057.3 pts |
Red flags
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2025Sales ₹1,275 Cr +141.5% vs Mar 2024.
Net profit ₹190 Cr +400.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bharat Heavy Electricals Ltd | 143,931 | 59.2 | 9.14 % |
| ABB India Ltd | 141,142 | 91.6 | 29.9 % |
| Hitachi Energy India Ltd | 136,993 | 115 | 29.4 % |
| CG Power & Industrial Solutions Ltd | 135,183 | 106 | 26.7 % |
| Siemens Ltd | 132,121 | 87.9 | 21.4 % |
| GE Vernova T&D India Ltd | 108,554 | 80.4 | 77.4 % |
| Suzlon Energy Ltd | 53,862 | 17.1 | 34.2 % |
| Thermax Ltd | 39,214 | 71.2 | 13.9 % |
| Schneider Electric Infrastructure Ltd | 28,517 | 147 | 29.6 % |
| TD Power Systems Ltd | 24,386 | 88.7 | 34.0 % |
| Azad Engineering Ltd | 18,820 | 135 | 11.9 % |
| Triveni Turbine Ltd | 17,279 | 49.8 | 34.1 % |
| Atlanta Electricals Ltd | 12,566 | 57.6 | 45.3 % |
| Quality Power Electrical Equipments Ltd | 12,502 | 93.8 | 31.7 % |
| Inox Wind Ltd | 12,357 | 35.9 | 10.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2022-09-20 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Inox Wind Energy Ltd(Merged)?
Inox Wind Energy Ltd(Merged) (IWEL) has a market capitalisation of Rs 12,401 Cr. at the 2025-06-19 close.
What is the P/E ratio of Inox Wind Energy Ltd(Merged)?
Inox Wind Energy Ltd(Merged) trades at a P/E of 86.7 on trailing twelve-month profit, at the 2025-06-19 close.
What were Inox Wind Energy Ltd(Merged)'s latest quarterly results?
In the Mar 2025 quarter, Inox Wind Energy Ltd(Merged) sales was Rs 1,275 Cr (+141.5% vs Mar 2024) and net profit was Rs 190 Cr.