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 Inox Wind Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
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
INOXWIND's current ratio of 1.643 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, INOXWIND can comfortably cover its liabilities, reflecting a strong financial outlook. INOXWIND's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation. INOXWIND's low Debt-to-Equity ratio reflects limited reliance on debt, signaling the company is not over-leveraged. This lower financial risk suggests that INOXWIND has a strong capital structure, which can help sustain long-term stability and attract cautious investors. INOXWIND's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that INOXWIND is expected to continue expanding its business and boosting its financial performance in the coming periods. INOXWIND's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in INOXWIND's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
Price projections for INOXWIND INOXWIND's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect INOXWIND to continue its positive trajectory.
Recommendation changes over time:
Recommendations trend for INOXWIND
Analysts have been favoring Inox Wind Limited with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning Inox Wind Limited as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of why European banks continue to report strong profits despite...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.