Inox Wind Limited engages in the manufacture and sale of wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India. It provides wind turbine generator components, including nacelles, hubs, rotor blade sets, and tubular towers. The company offers various services, such as wind resource assessment, site acquisition, infrastructure development, erection, procurement and commissioning, and long-term operations and maintenance services for wind power projects. Inox Wind Limited was incorporated in 2009 and is based in Noida, India.
Revenue projections:
Revenue projections for INOXWIND With Inox Wind Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
currentRatio
2.343000
forwardPE
13.305359
debtToEquity
15.713000
earningsGrowth
-0.014000
revenueGrowth
0.528000
grossMargins
0.374390
operatingMargins
0.158080
trailingEps
3.720000
forwardEps
7.783330
INOXWIND's current ratio of 2.343 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that INOXWIND is financially well-prepared to meet its liabilities without difficulty. Inox Wind Limited's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains. INOXWIND's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making INOXWIND a stable and conservative investment. With a forward EPS greater than its trailing EPS, INOXWIND is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Price projections for INOXWIND INOXWIND's price projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of INOXWIND's future.
Recommendation changes over time:
Recommendations trend for INOXWIND
A recent buy bias from analysts toward Inox Wind Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Inox Wind Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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