by Inox Wind Share Price Target : Inox was an Indian company which manufactured and supplied wind energy machines throughout India. Multiple sites existed to manufacture different components for its machines.
Green Energy Solutions Inc is helping move us in the right direction, which makes them highly promising and profitable. Read this article for more details and updates.
Inox Wind is a company specializing in wind energy machines. Their various factories make different components for these wind machines in Gujarat, Himachal Pradesh and Madhya Pradesh; additionally they help set up and manage wind farms as well as offer their services to power companies, government organizations, businesses as well as individual investors.
See More : Adani green energy solutions share price Target 2024, 2025, 2030
Inox Wind Company Overview
Inox Wind Ltd. is an established player in India’s wind power industry, having been founded in 2009 and located in Noida since. Specializing in providing wind turbine solutions and services that promote renewable energy efforts across India, Inox Wind is listed both on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), under Devansh Jain as director who guides operations and growth of Inox Wind’s growth and operations; its official website can be found at inoxwind.com for more details.
| Attribute | Details |
|---|---|
| Company Name | Inox Wind Ltd. |
| Founded | 2009 |
| Headquarters | Noida |
| Industry | Wind power |
| Director | Devansh Jain |
| Stock Exchange Listing | NSE & BSE |
| Official Website | inoxwind.com |
Inox Wind Ltd: Market Analysis
This stock opened at Rs185.91 and reached a high of Rs193.80 and low of Rs185.66 during trading session; previous close was at Rs186.85. The trading volume stood at 6,106,680 shares worth Rs11,604.52 lakhs with volume weighted average price for session at Rs190.12. The upper circuit limit for the stock is set at Rs224.22 while its lower circuit limit (LC limit) sits at Rs149.48 with P/E ratio standing at 129.46 and dividend yield not available (52 week high at 261.90 and low of 60.20; market capitalisation stands at 2478K crore while its face value stands at 1 Rupee).
| Attribute | Value |
|---|---|
| Open Price | ₹185.91 |
| High Price | ₹193.80 |
| Low Price | ₹185.66 |
| Previous Close | ₹186.85 |
| Volume | 6,106,680 |
| Value (Lacs) | ₹11,604.52 |
| VWAP | ₹190.12 |
| UC Limit | ₹224.22 |
| LC Limit | ₹149.48 |
| P/E Ratio | 129.46 |
| Dividend Yield | N/A |
| 52-week High | ₹261.90 |
| 52-week Low | ₹60.20 |
| Market Cap | ₹24.78K Cr |
| Face Value | ₹10 |
Fundamental Analysis of Inox Wind
Inox Wind Ltd. has an estimated market capitalization of Rs24,571.30 crore. Inox Wind is facing low return in equity (ROE) of -10.44 percent and the return to capital employed (ROCE) of -1.93 percent. Its price-to earnings (P/E) ratio is 790.19, which is a record high 790.19 and the price-to-book (P/B) ratio stands at 11. The dividend yield stands at 0 percent, which means that there are no dividends distributed. Its book value stands at Rs17.13 The face value of 10 rupees. Earnings per share (EPS) for the 12-month trailing (TTM) basis are Rs0.24. The past 12 months it’s reached an all-time high for 52 weeks of Rs261.90 as well as a 52-week lowest of Rs102.51.
| Metric | Value |
|---|---|
| Market Cap | ₹24,571.30 Cr. |
| ROE | -10.44% |
| ROCE | -1.93% |
| P/E | 790.19 |
| P/B | 11 |
| Div. Yield | 0% |
| Book Value | ₹17.13 |
| Face Value | ₹10 |
| EPS (TTM) | ₹0.24 |
| 52 Week High | ₹261.90 |
| 52 Week Low | ₹102.51 |
Inox Wind Financials
Income Statement
The company’s revenue in 2024 increased by 137.81%, to Rs17.43billion. Operating costs decreased by 25.03 %, totaling Rs3.86 Billion. The company’s net loss was Rs404.21million, a decline of 93.94%. Net profit margin was -2.32 %, which is 97.45 % better than the period before. The earnings per share were reported as -Rs0.24. EBITDA grew by 202.57% to Rs2.65 billion. Effective tax rate for this year was -7.64%.
| Metric | Value (2024) | Y/Y Change |
|---|---|---|
| Revenue | ₹17.43B | 137.81% |
| Operating Expense | ₹3.86B | -25.03% |
| Net Income | -₹404.21M | 93.94% |
| Net Profit Margin | -2.32 | 97.45% |
| Earnings per Share | -₹0.24 | — |
| EBITDA | ₹2.65B | 202.57% |
| Effective Tax Rate | -7.64% | — |
Balance Sheet
In 2024, the firm announced cash and short-term investment at Rs539.25 million. That was the company experience a dramatic decline of 79.85 percentage compared with the prior year. The total assets grew by 12.48 percent to Rs67.95 billion. Meanwhile, the total liabilities increased by 20.47 percent, which equates at Rs46.03 billion. The equity total was Rs21.92 billion with not a change in the figures. The company held 1.30 billion shares in outstanding. The ratio of price to book was 14.42 which indicates a excessive valuation when compared with the book value. The return to assets (ROA) was 1.55 percent, while it was a return to capital (ROC) measured 1.97 percentage.
| Metric | Value (2024) | Y/Y Change |
|---|---|---|
| Cash and Short-term Investments | ₹539.25M | -79.85% |
| Total Assets | ₹67.95B | 12.48% |
| Total Liabilities | ₹46.03B | 20.47% |
| Total Equity | ₹21.92B | — |
| Shares Outstanding | 1.30B | — |
| Price to Book | 14.42 | — |
| Return on Assets | 1.55% | — |
| Return on Capital | 1.97% | — |
Cash Flow
In 2024, the firm recorded a net deficit of Rs404.21 million. This was the 93.94 percentage change over last year. Cash flow from operations was Rs-3.60 billion, indicating an 67.29 percentage decrease. Investment activities involving cash was Rs-5.28 billion, an impressive decrease of 328.82 percent. In contrast funding activities, the amount of cash was Rs8.78 billion, which represents an increase of 6.55 percent growth. Cash flow change was negative Rs94.47 million, which is an increase of 79.18 percent. The cash flow free in the entire year totalled Rs-9.54 billion, which represents an 28.51 percentage change over the preceding time.
| Metric | Value (2024) | Y/Y Change |
|---|---|---|
| Net Income | ₹-404.21M | 93.94% |
| Cash from Operations | ₹-3.60B | 67.29% |
| Cash from Investing | ₹-5.28B | -328.82% |
| Cash from Financing | ₹8.78B | 6.55% |
| Net Change in Cash | ₹-94.47M | 79.18% |
| Free Cash Flow | ₹-9.54B | 28.51% |
Inox Wind Share Price Target 2024 To 2030
Inox Wind has set its share price target for 2024 at Rs272, with growth expected over time. By 2025, its target has increased to Rs305 with growth anticipated until reaching 388 by 2026; moving forward, its expected that by 2027-28 the share price should have hit Rs501-6503 before increasing further over time towards an ultimate goal of reaching Rs920 by 2030 reflecting steady progress across ten years.
| Year | Share Price Target (₹) |
|---|---|
| 2024 | 272 |
| 2025 | 305 |
| 2026 | 388 |
| 2027 | 501 |
| 2028 | 653 |
| 2029 | 810 |
| 2030 | 920 |
Inox Wind Share Price Target 2024
The company manufactures and markets blades for wind turbines, Necelles, as well as other essential elements. The firm has modern facilities throughout India and is renowned for its quality products as well as innovative designs as well as keeping customers pleased. They are constantly conducting research to create better items that are suited to what consumers require.
The experienced and knowledgeable leaders of the company as well as experienced workers have enabled it to expand and prosper within India’s market for wind energy. In terms of the stock of the company, it has provided excellent returns over the previous years. By 2024, 297 Rs is the target price. Inox Wind Share Price Target
The price in 2024 could be anywhere from 102 rupees between 297 and 297 rupees.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | 102 | 297 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | 102 | 135 |
| February | 110 | 162 |
| March | 107 | 155 |
| April | 127 | 165 |
| May | 131 | 177 |
| June | 124 | 187 |
| July | 140 | 213 |
| August | 164 | 239 |
| September | 180 | 256 |
| October | 195 | 297 |
| November | 185 | 254 |
| December | 197 | 280 |
Inox Wind Share Price Target 2025
The firm plans to expand through the development of new items, improving how they operate, as well as changing or designing wind turbines that can handle lower speed winds in India. It should be able to perform good in the near future. The business is expanding well and has a good set of equipment as well as being reliable and cost-effective. All of these factors make it an investment worth making. The ability to earn cash and focus on sustainable energy should aid in its growth over time. In 2025, the to be targeted is 500 Rs. Inox Wind Share Price Target
The cost would range from 250 to 500 rupees by 2025.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | 250 | 500 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | 250 | 388 |
| February | 264 | 396 |
| March | 358 | 408 |
| April | 271 | 410 |
| May | 260 | 400 |
| June | 278 | 421 |
| July | 291 | 442 |
| August | 302 | 453 |
| September | 311 | 474 |
| October | 323 | 488 |
| November | 331 | 480 |
| December | 337 | 500 |
Inox Wind Share Price Target 2030
India has a focus on sustainable energy since there is a lot of polluting produced by electricity. The company is constantly upgrading technology in order to make their machines better able to produce electricity. The Indian government’s commitment to green energy has benefited this firm a great deal. The company has a large order for a wind energy equipment. By 2030, the cost goal is 911 Rs.We can anticipate the price to range from 780 to 911 rupees. Inox Wind Share Price Target
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | 780 | 911 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | 780 | 811 |
| February | 792 | 820 |
| March | 801 | 832 |
| April | 810 | 851 |
| May | 824 | 863 |
| June | 832 | 850 |
| July | 818 | 843 |
| August | 822 | 852 |
| September | 831 | 863 |
| October | 843 | 872 |
| November | 864 | 890 |
| December | 885 | 911 |
Inox Wind Share Price Target 2040
The business has a strong financial position as well as new and innovative products and is in support of the government’s green energy objectives. Inox Wind is among the best companies in India that offers all types of wind-powered devices. With the growth of renewable energy in popularity, more investors will be inclined to invest in the stock of Inox Wind. The government is focused on reducing emissions by utilizing renewable energy. by 2040, the cost goal would be 1856 Rs. Inox Wind Share Price Target
by 2040, it’s estimated that the price is expected to be in the range of 1639 rupees up to 1856 in rs.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2040 | 1639 | 1856 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | 1639 | 1691 |
| February | 1653 | 1680 |
| March | 1640 | 1669 |
| April | 1655 | 1680 |
| May | 1667 | 1695 |
| June | 1674 | 1710 |
| July | 1697 | 1734 |
| August | 1690 | 1751 |
| September | 1724 | 1780 |
| October | 1742 | 1790 |
| November | 1760 | 1810 |
| December | 1780 | 1856 |
Inox Wind Share Price Target 2050
If you think about it in the long run this company holds the potential to expand forward. Because it’s an Indian business, the government is keen to stay ahead of green energy. We are seeing a number of EV technology introduced in order to protect the environment, and companies involved in the EV industry are getting huge orders and expanding just as INOX is expected to grow in the the future. By 2050, the goal is 3561 rupees.
It would cost between 3240 to 3561 rs by 2050, based on our analysis by an expert.
| Year/Month | Minimum Price | Maximum Price |
|---|---|---|
| 2050 | 3240 | 3561 |
| January | 3240 | 3312 |
| February | 3267 | 3300 |
| March | 3250 | 3320 |
| April | 3275 | 3358 |
| May | 3288 | 3374 |
| June | 3297 | 3389 |
| July | 3321 | 3432 |
| August | 3353 | 3467 |
| September | 3365 | 3450 |
| October | 3379 | 3481 |
| November | 3395 | 3526 |
| December | 3469 | 3561 |
Should I Invest In Inox Wind Stock?
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | 102 | 297 |
| 2025 | 250 | 500 |
| 2030 | 780 | 911 |
| 2040 | 1639 | 1856 |
| 2050 | 3240 | 3561 |
People are aware of air pollution’s increasing levels. Due to electricity production creating carbon emissions and increasing pollution levels, both people and governments are working on renewable resources as ways to support our environment and boost growth in support of sustainability. Our company’s past track record proves its capabilities; from its past performance during COVID to current day growth projections indicate we have potential.
Inox Wind Competitors/Peer Companies
Suzlon Energy, Triveni Turbines, TD Power Systems, Honda Power Products, Taylormade Renewables SE Forge and Pioneer Wincon are among the many firms making an impactful statement about energy and power development today. Each organization plays an essential part in developing, manufacturing and installing energy solutions – be they power generation equipment or renewable solutions – which contributes to overall power production. Suzlon Energy has made significant strides toward revolutionizing wind energy technology, while Triveni Turbine and TD Power Systems specialize in turbine manufacturing. Honda Power Products provide reliable power products while Taylormade Renewables specialise in renewable energy solutions. SE Forge supplies essential components to power industries worldwide while Pioneer Wincon stands out as pioneers of wind energy production technologies – together these companies are shaping the future of energy and power technology!
Is Inox Wind Stock Good to Buy? (Bull case & Bear case)
Bull Case:
Wind energy is one of the fastest-growing markets.
India is investing heavily in renewable energy solutions.
This company is developing new technologies and exploring expanding into wind-powered communities.
As one of the leaders in wind energy production and management.
INOX Wind shares have produced over 150% returns over the last year.
Bear Case:
Numerous companies are competing in the renewable energy field.
Economic slump could result in reduced investments on new wind power projects.
If your company fails to adapt with modern technologies, they risk falling further behind in the marketplace.
Shareholding Pattern for Inox Wind Ltd
The ownership distribution for this company can be seen below: Retail and other investors hold 26.66%, with promoters controlling 48.72% of shares. Foreign institutions account for 15.82% of ownership while mutual funds hold 7.21 %; plus other domestic institutions own 2.04 % – all reflecting its diverse shareholder base with promoters controlling an important portion.
| Shareholder Type | Percentage |
|---|---|
| Retail & Other | 26.66% |
| Promoters | 48.72% |
| Foreign Institutions | 15.82% |
| Mutual Funds | 7.21% |
| Other Domestic Institutions | 2.04% |
Conclusion
Current Company Status : Renewable energy companies in Nigeria have done very well since COVID period; you can see their share performance is increasing after 2020 and we discussed many issues herein, thus offering them high growth prospects in future. Before making investments on renewable energy firms please read through all available material before doing your due diligence on any given company or sector.
FAQs
Is Inox Wind Energy a good buy?
Despite these risks, Inox Wind Energy has demonstrated its strong growth potential and earned the ‘Buy’ rating from MarketsMOJO.
What is the future of Inox Wind in 2030?
Inox Wind share price target 2030 is projected to hit Rs920. The company’s focus on renewable energy solutions and ability to adapt to changing market requirements are expected to drive this growth.
Which is better, Inox Wind or suzlon?
Tapse believes Suzlon offers more attractive valuation, trading at around a PE ratio of 90; Inox Wind’s price-earnings ratio stands at approximately 140 PE ratio and appears more costly.
