Why is Inox Wind Ltd ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.12 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.12 times
- The company has been able to generate a Return on Equity (avg) of 2.29% signifying low profitability per unit of shareholders funds
2
With ROE of 7.8, it has a Very Expensive valuation with a 3.4 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -36.44%, its profits have risen by 423% ; the PEG ratio of the company is 0.2
3
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.05% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -36.44% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Heavy Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Inox Wind for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Inox Wind
-36.22%
-0.80
45.46%
Sensex
4.84%
0.40
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
45.68%
EBIT Growth (5y)
32.48%
EBIT to Interest (avg)
0.62
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
0.31
Tax Ratio
26.45%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
23.24%
ROCE (avg)
-2.75%
ROE (avg)
2.29%
Valuation Key Factors 
Factor
Value
P/E Ratio
44
Industry P/E
37
Price to Book Value
3.44
EV to EBIT
34.11
EV to EBITDA
26.48
EV to Capital Employed
3.24
EV to Sales
5.57
PEG Ratio
0.15
Dividend Yield
NA
ROCE (Latest)
9.49%
ROE (Latest)
7.81%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
31What is working for the Company
OPERATING CF(Y)
Highest at Rs 137.96 Cr
PAT(Q)
At Rs 91.75 cr has Grown at 257.0%
ROCE(HY)
Highest at 11.18%
INVENTORY TURNOVER RATIO(HY)
Highest at 2.84 times
NET SALES(Q)
At Rs 1,119.18 cr has Grown at 52.68%
PBT LESS OI(Q)
At Rs 126.11 cr has Grown at 63.48%
DEBT-EQUITY RATIO(HY)
Lowest at 0.17 times
-5What is not working for the Company
INTEREST(Q)
Highest at Rs 50.81 cr
Loading Valuation Snapshot...
Here's what is working for Inox Wind
Profit After Tax (PAT) - Quarterly
At Rs 91.75 cr has Grown at 257.0%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Cash Flow - Annually
Highest at Rs 137.96 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
At Rs 1,119.18 cr has Grown at 52.68%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 126.11 cr has Grown at 63.48%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Inventory Turnover Ratio- Half Yearly
Highest at 2.84 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debt-Equity Ratio - Half Yearly
Lowest at 0.17 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Inox Wind
Interest - Quarterly
At Rs 50.81 cr has Grown at 50.37%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Interest - Quarterly
Highest at Rs 50.81 cr
in the last five quarters and Increased by 50.37 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






