Inox Wind Energy Ltd(Merged)
IWEL NSE
This stock has been delisted or merged and is no longer actively traded.
Inox Wind Energy Ltd(Merged)
Industrials DelistedNSE: IWEL BSE: 543297 Electrical Equipment
This stock has been delisted or merged and is no longer actively traded.
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company has reduced debt.
- Company is expected to give good quarter
Weaknesses
4- Stock is trading at 4.06 times its book value
- Company has a low return on equity of -6.03% over last 3 years.
- Company has high debtors of 276 days.
- Working capital days have increased from 57.2 days to 180 days
Growth Rate
Revenue Growth
104% higher than
3Y
Net Income Growth
311% higher than
3Y
Quarterly Results
| Particulars | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 138 | 211 | 108 | 227 | 186 | 350 | 371 | 504 | 528 | 640 | 733 | 912 | 1,275 |
| Expenses | 421 | 256 | 131 | 412 | 218 | 321 | 344 | 391 | 429 | 505 | 567 | 707 | 1,021 |
| Operating Profit | -282 | -45 | -23 | -185 | -32 | 29 | 27 | 113 | 99 | 135 | 166 | 205 | 254 |
| OPM % | -204% | -21% | -22% | -81% | -17% | 8% | 7% | 22% | 19% | 21% | 23% | 22% | 20% |
| Other Income | 45 | 20 | 1 | 8 | -1 | 5 | 17 | 3 | 23 | 18 | 11 | 82 | 36 |
| Interest | 84 | 83 | 91 | 92 | 63 | 69 | 62 | 60 | 55 | 56 | 44 | 35 | 35 |
| Depreciation | 21 | 26 | 25 | 26 | 23 | 29 | 27 | 29 | 30 | 42 | 45 | 47 | 48 |
| PBT | -342 | -134 | -138 | -294 | -118 | -65 | -46 | 27 | 37 | 55 | 88 | 205 | 208 |
| Tax % | -26% | -3% | -3% | -2% | -4% | 2% | 25% | 124% | -2% | 24% | 4% | 39% | 8% |
| Net Profit | -253 | -130 | -134 | -288 | -113 | -66 | -57 | -7 | 38 | 42 | 84 | 124 | 190 |
| EPS in Rs | -115 | -61.64 | -64.35 | -136 | -65.7 | -32.86 | -34.96 | -6.55 | 15.89 | 8.58 | 21.38 | 32.33 | 55.88 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Sales | 716 | 598 | 730 | 1,746 | 3,557 |
| Expenses | 954 | 966 | 1,029 | 1,484 | 2,800 |
| Operating Profit | -237 | -368 | -299 | 262 | 757 |
| OPM % | -33% | -62% | -41% | 15% | 21% |
| Other Income | 99 | 225 | 37 | 46 | 131 |
| Interest | 240 | 272 | 327 | 240 | 169 |
| Depreciation | 93 | 92 | 97 | 113 | 182 |
| PBT | -472 | -507 | -687 | -45 | 537 |
| Tax % | -30% | -34% | 3% | 104% | 21% |
| Net Profit | -331 | -332 | -706 | -91 | 425 |
| EPS in Rs | -157 | -109 | -331 | -56.26 | 116 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 12 | 12 |
| Reserves | 1,529 | 1,468 | 1,045 | 1,840 | 3,032 |
| Borrowings | 1,306 | 1,758 | 2,329 | 2,078 | 1,500 |
| Other Liabilities | 2,782 | 2,921 | 2,752 | 2,956 | 4,251 |
| Total Liabilities | 5,628 | 6,158 | 6,137 | 6,886 | 8,795 |
| Fixed Assets | 1,262 | 1,397 | 1,651 | 1,843 | 2,291 |
| CWIP | 309 | 188 | 163 | 304 | 296 |
| Investments | 33 | 33 | 1 | 0 | 446 |
| Other Assets | 4,024 | 4,541 | 4,322 | 4,739 | 5,763 |
| Total Assets | 5,628 | 6,158 | 6,137 | 6,886 | 8,795 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating | -96 | -385 | -1,103 | -367 | 138 |
| Investing | 3 | -11 | 258 | 486 | -406 |
| Financing | 217 | 334 | 800 | -129 | 277 |
| Net Cash Flow | 123 | -63 | -45 | -10 | 9 |
| Free Cash Flow | -208 | -563 | -1,481 | -882 | -483 |
| CFO/OP | 48 | 101 | 371 | -134 | 19 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Debtor Days | 534 | 656 | 414 | 238 | 276 |
| Inventory Days | 1,589 | — | — | — | 238 |
| Days Payable | 1,558 | — | — | — | 188 |
| Cash Conversion Cycle | 565 | 656 | 414 | 238 | 326 |
| Working Capital Days | -68 | -247 | 22 | -30 | 180 |
| ROCE % | — | -12% | -9% | 4% | 11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Inox Wind Energy Ltd(Merged) insights
57 extracted metrics + investor summaries across FY20–FY25.
Documents
1
Confirmation On Entitlement Of Shares Pursuant To The Scheme Of Arrangement Between Inox Wind Energy Limited And Inox Wind Limited And Their Respective Shareholders
17 Jun 2025 - Confirmed share swap ratio: 632 IWL shares per 10 IWEL shares post bonus adjustment. 17 Jun 2025 - Confirmed share swap ratio: 632 IWL shares per 10 IWEL shares post bonus adjustment.
2
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
13 Jun 2025 - Scheme of Arrangement between Inox Wind Energy and Inox Wind effective from 13 June 2025. 13 Jun 2025 - Scheme of Arrangement between Inox Wind Energy and Inox Wind effective from 13 June 2025.
3
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
11 Jun 2025 - NCLT approves amalgamation of Inox Wind Energy into Inox Wind Limited with share exchange ratio 15:10. 11 Jun 2025 - NCLT approves amalgamation of Inox Wind Energy into Inox Wind Limited with share exchange ratio 15:10.
4
Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Jun 2025 - NCLT approves merger of IWEL into IWL, reducing liabilities by Rs 2,050 cr and streamlining operations. 11 Jun 2025 - NCLT approves merger of IWEL into IWL, reducing liabilities by Rs 2,050 cr and streamlining operations.
5
Fixation Of Record Date Pursuant To The Scheme Of Arrangement
11 Jun 2025 - Record date fixed for share exchange: 632 IWIL shares per 10 IWEL shares under Scheme. 11 Jun 2025 - Record date fixed for share exchange: 632 IWIL shares per 10 IWEL shares under Scheme.
Frequently Asked Questions about Inox Wind Energy Ltd(Merged)
What does Inox Wind Energy Ltd(Merged) do?
Inox Wind Energy Ltd is engaged in generation and sale of wind energy, provide services for Erection, procurement and commissioning (EPC) of wind farms and holding strategic business interest in renewables.[1]
Where is Inox Wind Energy Ltd(Merged) (IWEL) listed?
Inox Wind Energy Ltd(Merged) trades as IWEL on the NSE and under code 543297 on the BSE.
Which sector does Inox Wind Energy Ltd(Merged) belong to?
Inox Wind Energy Ltd(Merged) is classified under the Industrials sector, in the Electrical Equipment industry.
Company Information
Inox Wind Energy Ltd is engaged in generation and sale of wind energy, provide services for Erection, procurement and commissioning (EPC) of wind farms and holding strategic business interest in renewables.[1]
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