Inox Wind (INOXWIND)

Turnaround

FairStock Score: 60/100 — STEADY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

Current Price₹73.67
Market Cap₹12,731.93 Cr
P/E Ratio30.44
ROCE11.52%
ROE9.94%
Dividend Yield0%
Profit Growth-17.53%
Debt/Equity0.21
Sales Growth11.36%
Free Cash Flow₹-268 Cr
Promoter Holding44.18%
52-Week Range₹57.84 — ₹159.3
SectorElectrical Equipment
Book Value₹42.66

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I wear Buffett-Graham lenses, so I begin with the numbers, not the story. Inox Wind is a ₹12,732 Cr heavy electrical equipment business trading at ₹73.67, near the lower half of its ₹62.50–₹159.30 52-week range. The market is asking 30.44 times earnings and 1.73 times book, while book value is ₹42.66. Graham's number is ₹52.84, so my margin of safety is -74.35%; I am not being paid to take valuation risk. The company has grown revenue at an impressive 36.16% over five years, but recent sales growth is 11.36% and profit growth is -17.53%, so growth is not flowing cleanly to the bottom line. Latest quarter sales were ₹1,207 Cr and net profit ₹127 Cr, which is encouraging, but free cash flow is -₹268 Cr and dividend yield is 0.00%. Financial health is mixed: debt/equity is low at 0.21, Piotroski F-Score is 7/9, Altman Z-Score is 2.51—just above the distressed range—but ROE 9.94% and ROCE 11.52% are not exceptional. EV/EBITDA of 126.06 is eye-watering, even if PEG is 0.25 and promoter holding is 44.18%. The business may have a cyclical tailwind, but I see no clear durable moat in these figures. FairStock Score 60/100 says steady, not wonderful. I would watch cash flow conversion, profit growth, and whether EBITDA catches up with the valuation. At ₹73.67, this is not a Graham bargain; it is a hope-for-recovery/cyclical bet, and I demand a wider discount before buying.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer