Inox Wind Limited (INOXWIND) - Net Assets
Based on the latest financial reports, Inox Wind Limited (INOXWIND) has net assets worth Rs72.54 Billion INR (≈ $784.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs100.05 Billion ≈ $1.08 Billion USD) and total liabilities (Rs27.50 Billion ≈ $297.45 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check INOXWIND strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs72.54 Billion |
| % of Total Assets | 72.51% |
| Annual Growth Rate | 42.16% |
| 5-Year Change | 325.95% |
| 10-Year Change | 204.05% |
| Growth Volatility | 89.9 |
Inox Wind Limited - Net Assets Trend (2010–2025)
This chart illustrates how Inox Wind Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Inox Wind Limited stock valuation.
Annual Net Assets for Inox Wind Limited (2010–2025)
The table below shows the annual net assets of Inox Wind Limited from 2010 to 2025. Also explore INOXWIND net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs56.06 Billion ≈ $606.27 Million |
+155.79% |
| 2024-03-31 | Rs21.92 Billion ≈ $237.02 Million |
-3.08% |
| 2023-03-31 | Rs22.61 Billion ≈ $244.56 Million |
+20.98% |
| 2022-03-31 | Rs18.69 Billion ≈ $202.14 Million |
+42.02% |
| 2021-03-31 | Rs13.16 Billion ≈ $142.33 Million |
-21.92% |
| 2020-03-31 | Rs16.86 Billion ≈ $182.29 Million |
-14.20% |
| 2019-03-31 | Rs19.64 Billion ≈ $212.45 Million |
-1.99% |
| 2018-03-31 | Rs20.04 Billion ≈ $216.76 Million |
-8.46% |
| 2017-03-31 | Rs21.90 Billion ≈ $236.80 Million |
+18.75% |
| 2016-03-31 | Rs18.44 Billion ≈ $199.40 Million |
+32.46% |
| 2015-03-31 | Rs13.92 Billion ≈ $150.53 Million |
+225.37% |
| 2014-03-31 | Rs4.28 Billion ≈ $46.26 Million |
+44.76% |
| 2013-03-31 | Rs2.96 Billion ≈ $31.96 Million |
+119.08% |
| 2012-03-31 | Rs1.35 Billion ≈ $14.59 Million |
+284.87% |
| 2011-03-31 | Rs350.48 Million ≈ $3.79 Million |
+22.38% |
| 2010-03-31 | Rs286.38 Million ≈ $3.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Inox Wind Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1073077000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs10.73 Billion | 21.26% |
| Common Stock | Rs8.63 Billion | 17.09% |
| Other Comprehensive Income | Rs452.50 Million | 0.90% |
| Other Components | Rs30.66 Billion | 60.75% |
| Total Equity | Rs50.47 Billion | 100.00% |
Inox Wind Limited Competitors by Market Cap
The table below lists competitors of Inox Wind Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongjin Semichem Co. Ltd
KQ:005290
|
$1.44 Billion |
|
Playa Hotels & Resorts BV
F:PL0
|
$1.44 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
$1.44 Billion |
|
Zhejiang Jingxin Pharmaceutical Co Ltd
SHE:002020
|
$1.44 Billion |
|
Intellia Therapeutics Inc
NASDAQ:NTLA
|
$1.43 Billion |
|
Innovative Industrial Properties Inc
NYSE:IIPR
|
$1.43 Billion |
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
$1.43 Billion |
|
China Bester Group Telecom Co Ltd
SHG:603220
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inox Wind Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,973,538,000 to 50,467,500,000, a change of 33,493,962,000 (197.3%).
- Net income of 4,482,167,000 contributed positively to equity growth.
- Share repurchases of 2,391,400,000 reduced equity.
- New share issuances of 9,426,200,000 increased equity.
- Other comprehensive income decreased equity by 206,254,000.
- Other factors increased equity by 22,183,249,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.48 Billion | +8.88% |
| Share Repurchases | Rs2.39 Billion | -4.74% |
| Share Issuances | Rs9.43 Billion | +18.68% |
| Other Comprehensive Income | Rs-206.25 Million | -0.41% |
| Other Changes | Rs22.18 Billion | +43.96% |
| Total Change | Rs- | 197.33% |
Book Value vs Market Value Analysis
This analysis compares Inox Wind Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 238.05x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs0.32 | Rs76.80 | x |
| 2011-03-31 | Rs0.39 | Rs76.80 | x |
| 2012-03-31 | Rs1.52 | Rs76.80 | x |
| 2013-03-31 | Rs2.27 | Rs76.80 | x |
| 2014-03-31 | Rs3.28 | Rs76.80 | x |
| 2015-03-31 | Rs10.68 | Rs76.80 | x |
| 2016-03-31 | Rs83.08 | Rs76.80 | x |
| 2017-03-31 | Rs16.79 | Rs76.80 | x |
| 2018-03-31 | Rs15.37 | Rs76.80 | x |
| 2019-03-31 | Rs15.07 | Rs76.80 | x |
| 2020-03-31 | Rs12.93 | Rs76.80 | x |
| 2021-03-31 | Rs10.09 | Rs76.80 | x |
| 2022-03-31 | Rs82.39 | Rs76.80 | x |
| 2023-03-31 | Rs13.14 | Rs76.80 | x |
| 2024-03-31 | Rs13.02 | Rs76.80 | x |
| 2025-03-31 | Rs38.50 | Rs76.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inox Wind Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.78%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.74x
- Recent ROE (8.88%) is above the historical average (6.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -4.76% | -17.35% | 0.07x | 3.75x | Rs-42.26 Million |
| 2011 | 18.29% | 8.91% | 0.36x | 5.74x | Rs29.05 Million |
| 2012 | 74.02% | 16.11% | 1.52x | 3.03x | Rs863.52 Million |
| 2013 | 50.87% | 14.20% | 1.11x | 3.22x | Rs1.21 Billion |
| 2014 | 30.92% | 8.44% | 1.05x | 3.47x | Rs894.96 Million |
| 2015 | 21.30% | 10.94% | 0.84x | 2.31x | Rs1.57 Billion |
| 2016 | 25.01% | 10.36% | 0.93x | 2.58x | Rs2.77 Billion |
| 2017 | 13.85% | 8.88% | 0.66x | 2.35x | Rs843.33 Million |
| 2018 | -9.36% | -39.10% | 0.12x | 2.04x | Rs-3.88 Billion |
| 2019 | -14.24% | -36.80% | 0.16x | 2.41x | Rs-4.76 Billion |
| 2020 | -16.59% | -36.79% | 0.14x | 3.14x | Rs-4.48 Billion |
| 2021 | -23.22% | -42.99% | 0.13x | 4.15x | Rs-4.37 Billion |
| 2022 | -26.26% | -76.88% | 0.10x | 3.26x | Rs-6.63 Billion |
| 2023 | -38.93% | -91.26% | 0.12x | 3.55x | Rs-8.38 Billion |
| 2024 | -2.10% | -2.15% | 0.24x | 4.00x | Rs-2.05 Billion |
| 2025 | 8.88% | 12.78% | 0.40x | 1.74x | Rs-564.58 Million |
Industry Comparison
This section compares Inox Wind Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $43,574,207,300
- Average return on equity (ROE) among peers: 4.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inox Wind Limited (INOXWIND) | Rs72.54 Billion | -4.76% | 0.38x | $1.44 Billion |
| Aaron Industries Limited (AARON) | $550.00K | 66.55% | 18.36x | $27.17 Million |
| Ador Welding Limited (ADORWELD) | $1.26 Billion | 17.96% | 0.32x | $184.52 Million |
| The Anup Engineering Limited (ANUP) | $5.28 Billion | 19.58% | 0.53x | $354.91 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $110.08 Million | 12.41% | 0.78x | $7.14 Million |
| Azad Engineering Limited (AZAD) | $908.92 Million | 12.65% | 1.82x | $1.95 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $342.09 Billion | 4.25% | 1.07x | $16.57 Billion |
| Cummins India Limited (CUMMINSIND) | $75.61 Billion | 26.45% | 0.34x | $15.29 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $6.55 Billion | -122.90% | 2.75x | $2.09 Billion |
| Diffusion Engineers Ltd (DIFFNKG) | $3.69 Billion | 9.72% | 0.20x | $178.99 Million |
| Ducon Infratechnologies Limited (DUCON) | $238.32 Million | 0.60% | 0.42x | $4.32 Million |
About Inox Wind Limited
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, and tubular towers. The company offers various services, such as wind resource assessment, site acqui… Read more