Inox Wind Peer Comparison

NSE: INOXWIND | BSE: 539083

₹66.47

₹-0.18 (-0.27%)

As on 12-Oct-2026 09:24IST

Market cap

₹11,527 Cr

Revenue (TTM)

₹4,385 Cr

P/E Ratio

33.5

P/B Ratio

1.8

Div. Yield

0 %

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	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Market cap (₹ Cr)	11,527	5,390	1,823	1,441	941
Revenue (₹ Cr)	4,385	280	2,751	1,294	611
Net Profit (₹ Cr)	417.04	121.87	28.19	103.56	44.16
Net Margin (%)	9.11	26.46	1.02	7.84	6.85
RoE (%)	5.28	6.52	2.88	8.72	4.74
Price to Earnings	33.47	44.51	82.67	13.91	22.56
Price-To-Book	1.80	2.65	2.49	1.15	1.02

Income Statement (₹ Cr)

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Operating Revenue	4,397.52	281.01	2,791.58	1,249.31	657.12
Total Income	4,569.36	426.21	2,818.56	1,266.27	693.21
Total Expenditure	3,506.10	257.92	2,679.77	1,070.69	505.71
EBITDA	891.41	23.09	111.80	178.62	151.41
Depreciation	204.34	1.71	19.69	3.41	48.76
EBIT	687.07	21.38	92.11	175.21	102.65
Interest	199.79	8.78	77.52	69.93	61.22
Other Income	171.84	145.20	26.98	16.96	36.08
Exceptional Items	-13.46	--	-7.72	-1.21	-1.91
Profit before Tax	659.12	157.80	27.18	121.03	75.57
Provision for Tax	210.02	53.45	6.90	29.33	17.98
Profit after Tax	449.10	104.35	20.28	91.70	57.58

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Shareholder's Funds	6,382.49	1,708.00	747.57	1,237.37	921.14
Minority Interest	1,310.45	8.00	--	--	33.22
Non-Current Liabilities	226.09	-90.96	20.46	112.53	471.34
Current Liabilities	3,788.83	362.21	1,772.47	1,219.56	656.60
Total Liabilities	11,963.21	2,082.30	2,549.49	2,599.59	2,082.31

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Non-Current Assets	4,095.70	946.31	410.76	165.04	1,107.16
Current Assets	7,612.15	1,040.94	2,129.75	2,404.42	975.14
Total Assets	11,963.21	2,082.30	2,549.49	2,599.59	2,082.31
Total Debt*	1,961.60	88.28	349.96	292.27	791.53
Net Current Assets	3,823.32	678.73	357.28	1,184.86	318.55
Contingent Liabilities	638.37	40.54	9.25	78.04	18.20

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Cash From Operating Activities	-598.12	66.87	21.09	-436.99	95.49
Cash Flow from Investing Activities	-849.91	-293.11	19.10	-155.83	-198.24
Cash from Financing Activities	1,557.84	306.83	-72.14	623.59	50.30
Net Cash Inflow / Outflow	109.80	80.58	-31.96	30.77	-52.45

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
ROCE (%)	12.08	8.45	9.88	16.82	8.59
ROE (%)	8.50	5.97	2.93	10.76	6.51
ROA (%)	4.52	4.75	0.88	4.63	3.01
EBIT Margin (%)	24.18	59.89	4.97	15.66	28.53
Net Margin (%)	9.83	24.48	0.72	7.24	8.31
Cash Profit Margin (%)	14.86	37.74	1.43	7.61	16.18

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Revenue Growth (%)	23.62	27.62	7.44	36.41	5.70
EBIT Growth (%)	17.93	146.07	38.83	16.20	30.36
Net Profit Growth (%)	3.23	189.90	31.13	17.85	311.96
EPS Growth (%)	-13.85	372.57	31.03	-16.10	337.96
Book Value Growth (%)	49.37	-6.41	10.77	164.47	7.46

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Price / Earnings	32.18	53.33	78.26	14.57	13.74
Price / Book Value	2.06	3.23	2.18	1.08	0.83
Dividend Yield (%)	0.00	0.00	0.44	0.35	0.70
EV/EBITDA	13.53	29.97	12.63	7.20	7.23
Market Cap (₹ Cr)	13,034.24	5,460.30	1,586.73	1,335.64	757.93

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Debt to Equity	0.31	0.05	0.48	0.24	0.86
Short term debt to equity ratio	0.26	0.05	0.47	0.15	0.39
Current Ratio	2.01	2.87	1.20	1.97	1.49
Quick Ratio	1.54	2.59	1.12	1.91	1.22
Interest Coverage	4.30	18.96	1.35	2.73	2.23

	Inox Wind	Inox Green Energy	Bajel Projects	Vikran Engineering	Swelect Energy Sys
Debtors to sales (%)	96.64	59.14	58.53	81.09	9.28
Asset Turnover	0.44	0.13	1.22	0.63	0.34
Receivable days	282.14	224.88	170.27	236.37	34.95
Inventory Days	124.59	129.10	17.40	20.43	95.92
Payable days	168.95	2,685.61	134.56	478.62	133.41
Cash Conversion Cycle	237.78	-2,331.64	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.