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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Inox Wind Limited is an India-based wind energy solutions provider servicing independent power producers, utilities, public sector units and corporate investors. The Company is engaged in the business of manufacturing and selling wind turbine generators (WTGs). It provides…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business, trading cheap versus its own history — but flagged on governance.
Inox Wind is scored on the commodity / cyclical framework. It keeps a slim 9.8% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -1.33×) — worth a closer look. Free cash flow is worth about -12.9% of its market value.
Book value itself has compounded 51%/yr — the hallmark of a genuine compounder. Return on equity is a weak 6.3%. In the latest quarter profit fell 39% versus the prior quarter.
At 24× earnings, the stock sits at the 4th percentile of its own 1.6-year range — the cheap end of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-2.45 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 26.89 | 28.09 | better |
| P/B | 1.75 | 6.18 | better |
| EV/EBITDA | 11.69 | 18.03 | better |
| ROE | 6.35 | 6.94 | worse |
| ROCE | 10.57 | 11.6 | worse |
| ROA | 3.46 | — | — |
| Quick Ratio | 1.54 | 1.61 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| BHEL | 50.7 | 5.5 | 10.8% |
| ABB India | 70.7 | 47.9 | 22.4% |
| CG Power | 89.3 | 13.9 | 15.7% |
36% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
2 of the 4 years shown had a loss — profitability is inconsistent.
Operating margin has expanded from -3% to 14% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 6% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 37pp across the window.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (3% vs -4%) — share dilution is eroding per-share value. -4% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 33% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (33% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 9% below earlier ones.
Profit fell 39% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (10% → 7%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.6y median.
Promoters at 44.2% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.