Inox Green Energy Peer Comparison

NSE: INOXGREEN | BSE: 543667

₹175.10

₹4.09 (2.39%)

As on 04-Sep-2026 15:59IST

Market cap

₹7,020 Cr

Revenue (TTM)

₹280 Cr

P/E Ratio

P/B Ratio

3.3

Div. Yield

0 %

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	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Market cap (₹ Cr)	7,020	12,908	2,126	1,563	868
Revenue (₹ Cr)	280	4,385	2,751	1,294	611
Net Profit (₹ Cr)	121.87	417.04	28.19	103.56	44.16
Net Margin (%)	26.46	9.11	1.02	7.84	6.85
RoE (%)	6.52	5.28	2.88	8.72	4.74
Price to Earnings	57.98	37.48	96.40	15.09	20.81
Price-To-Book	3.27	2.00	2.91	1.25	0.94

Income Statement (₹ Cr)

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Operating Revenue	238.48	4,397.52	2,791.58	1,249.31	657.12
Total Income	303.83	4,569.36	2,818.56	1,266.27	693.21
Total Expenditure	219.05	3,506.10	2,679.77	1,070.69	505.71
EBITDA	19.43	891.41	111.80	178.62	151.41
Depreciation	0.69	204.34	19.69	3.41	48.76
EBIT	18.74	687.07	92.11	175.21	102.65
Interest	8.06	199.79	77.52	69.93	61.22
Other Income	65.35	171.84	26.98	16.96	36.08
Exceptional Items	--	-13.46	-7.72	-1.21	-1.91
Profit before Tax	76.03	659.12	27.18	121.03	75.57
Provision for Tax	22.65	210.02	6.90	29.33	17.98
Profit after Tax	53.38	449.10	20.28	91.70	57.58

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Shareholder's Funds	1,732.40	6,382.49	747.57	1,237.37	921.14
Minority Interest	6.94	1,310.45	--	--	33.22
Non-Current Liabilities	-120.29	226.09	20.46	112.53	471.34
Current Liabilities	277.99	3,788.83	1,772.47	1,219.56	656.60
Total Liabilities	2,013.84	11,963.21	2,549.49	2,599.59	2,082.31

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Non-Current Assets	396.10	4,095.70	410.76	165.04	1,107.16
Current Assets	1,494.00	7,612.15	2,129.75	2,404.42	975.14
Total Assets	2,013.84	11,963.21	2,549.49	2,599.59	2,082.31
Total Debt*	32.41	1,961.60	349.96	292.27	791.53
Net Current Assets	1,216.01	3,823.32	357.28	1,184.86	318.55
Contingent Liabilities	40.54	638.37	9.25	78.04	18.20

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Cash From Operating Activities	86.75	-598.12	21.09	-436.99	95.49
Cash Flow from Investing Activities	-288.22	-849.91	19.10	-155.83	-198.24
Cash from Financing Activities	282.05	1,557.84	-72.14	623.59	50.30
Net Cash Inflow / Outflow	80.58	109.80	-31.96	30.77	-52.45

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
ROCE (%)	4.28	12.08	9.88	16.82	8.59
ROE (%)	2.97	8.50	2.93	10.76	6.51
ROA (%)	2.49	4.52	0.88	4.63	3.01
EBIT Margin (%)	35.55	24.18	4.97	15.66	28.53
Net Margin (%)	17.57	9.83	0.72	7.24	8.31
Cash Profit Margin (%)	22.67	14.86	1.43	7.61	16.18

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Revenue Growth (%)	25.92	23.62	7.44	36.41	5.70
EBIT Growth (%)	-1.67	17.93	38.83	16.20	30.36
Net Profit Growth (%)	-3.31	3.23	31.13	17.85	311.96
EPS Growth (%)	-11.61	-13.85	31.03	-16.10	337.96
Book Value Growth (%)	-8.71	49.37	10.77	164.47	7.46

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Price / Earnings	102.29	32.18	78.26	14.57	13.74
Price / Book Value	3.18	2.06	2.18	1.08	0.83
Dividend Yield (%)	0.00	0.00	0.44	0.35	0.70
EV/EBITDA	58.88	13.53	12.63	7.20	7.23
Market Cap (₹ Cr)	5,460.29	13,034.24	1,586.73	1,335.64	757.93

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Debt to Equity	0.02	0.31	0.48	0.24	0.86
Short term debt to equity ratio	0.02	0.26	0.47	0.15	0.39
Current Ratio	5.37	2.01	1.20	1.97	1.49
Quick Ratio	5.05	1.54	1.12	1.91	1.22
Interest Coverage	10.43	4.30	1.35	2.73	2.23

	Inox Green Energy	Inox Wind	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Debtors to sales (%)	62.98	96.64	58.53	81.09	9.28
Asset Turnover	0.11	0.44	1.22	0.63	0.34
Receivable days	244.38	282.14	170.27	236.37	34.95
Inventory Days	136.08	124.59	17.40	20.43	95.92
Payable days	1,353.85	168.95	134.56	478.62	133.41
Cash Conversion Cycle	-973.39	237.78	53.10	-221.81	-2.55

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.