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 INOXWIND's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
currentRatio
1.643000
forwardPE
17.049175
debtToEquity
26.756000
earningsGrowth
2.965000
revenueGrowth
1.416000
grossMargins
0.368770
operatingMargins
0.162050
trailingEps
2.690000
forwardEps
14.450000
The current ratio for Inox Wind Limited is 1.643, indicating that the company can service its short-term debt using available cash and assets. This suggests Inox Wind Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments. INOXWIND'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 Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook. Positive earnings and revenue growth for INOXWIND suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion. With a forward EPS greater than its trailing EPS, Inox Wind Limited 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 Price projections for INOXWIND have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for INOXWIND's future.
Recommendation changes over time:
Recommendations trend for INOXWIND
Analysts' buy bias toward INOXWIND suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, INOXWIND is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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