Inox Wind and Suzlon Energy are both playing significant roles in India’s wind energy sector. While Suzlon Energy already has a strong hold in this field, Inox Wind is an emerging company. Experts believe that Inox Wind could potentially deliver better returns than Suzlon Energy in the future. In this article, we will compare both companies and explore why Inox Wind could be an attractive option for investors.
Highlights:
- Both Inox Wind and Suzlon Energy are leading companies in India’s wind energy sector.
- Suzlon Energy has an order book of 3,331 MW, whereas Inox Wind has an order book of 2.7 GW.
- Suzlon Energy has delivered a 5-year return of 2,217.35%, while Inox Wind has delivered 2,389.17%.
- Suzlon Energy has delivered good profit growth of 19.7% CAGR over last 5 years.
- Suzlon Energy is almost debt free.
- Inox Wind: low interest coverage ratio.
- Inox Wind: expected to give good quarter
- Inox Wind: It’s shares have recently seen a greater increase compared to Suzlon Energy.
- Market experts have suggested that Inox Wind has the potential to become a multi-bagger.
Table: Important Points
| Company | Market Cap | Stock Price | 52-Week High | 52-Week Low | 5-Year Return |
|---|---|---|---|---|---|
| Suzlon Energy | ₹1,05,66 Crore | ₹77.50 | ₹84.29 | ₹21.70 | 2,217.35% |
| Inox Wind | ₹29,735.63 Crore | ₹228.07 | ₹236.95 | ₹47.05 | 2,389.17% |
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Introduction to Suzlon Energy and Inox Wind:
Both Suzlon Energy and Inox Wind are leading companies in India’s wind energy sector. Suzlon Energy primarily focuses on manufacturing wind turbine generators and related components, while Inox Wind specializes in providing integrated wind energy solutions. Given their financial performance and order books, experts believe that both companies present promising investment opportunities.
Suzlon Energy’s Key Products and Performance
Suzlon Energy primarily focuses on the manufacturing and sale of wind turbine generators such as the S144, S133, and S120 models. The company has shown consistent growth in its revenue and net profit over the past few years. In the June quarter, the company’s revenue increased to ₹2,044.35 Crore, marking a significant milestone. Additionally, Suzlon has an order book of 3,331 MW, indicating a strong order pipeline for the future.
Inox Wind’s Expansion and Financial Status
Inox Wind: has recently expanded its presence in the wind energy solutions sector. The company’s main focus is on the manufacturing, sale of wind turbine generators, and wind farm development services. In the June quarter, the company’s revenue surged by 87.10% to ₹638.81 Crore, while net profit reached ₹51.82 Crore. This improvement in financial performance indicates that the company’s future looks bright.
Market Experts’ Opinion: Suzlon vs Inox Wind:
Market experts believe that Inox Wind could outperform Suzlon Energy in the coming years. According to experts, Inox Wind’s balance sheet and growth potential are better than Suzlon’s. Recently, Inox Wind’s share price has seen significant growth, making it an attractive option for investors.
Q: Which company is a better investment option between Suzlon Energy and Inox Wind?
According to market experts, Inox Wind’s growth potential and better financial performance make it a better investment option compared to Suzlon Energy.
What is the current stock price of Suzlon Energy?
The current stock price of Suzlon Energy is ₹77.50.
Market cap of Inox Wind:
Inox Wind’s market cap is ₹29,735.63 Crore.
What has been the return on shares of Suzlon Energy and Inox Wind in the last 5 years?
Suzlon Energy has delivered a return of 2,217.35% in the last 5 years, while Inox Wind has delivered 2,389.17%.
Order books of Inox Wind:
Inox Wind has an order book of 2.7 GW.
