Financials INOX India Limited

Equities

INOXINDIA

INE616N01034

Industrial Machinery & Equipment

Market Closed - NSE India S.E. 07:40:47 2024-05-23 EDT 5-day change 1st Jan Change
1,325 INR -0.30% Intraday chart for INOX India Limited +0.91% +50.10%

Valuation

Fiscal Period: March 2024 2025 2026
Capitalization 1 120,607 - -
Enterprise Value (EV) 1 110,972 120,607 120,607
P/E ratio 56.8 x 50.5 x 39.8 x
Yield 0.83% 0.53% 0.6%
Capitalization / Revenue 9.81 x 8.39 x 6.95 x
EV / Revenue 9.81 x 8.39 x 6.95 x
EV / EBITDA 44.3 x 36.8 x 30.2 x
EV / FCF 459 x 69.3 x 46 x
FCF Yield 0.22% 1.44% 2.17%
Price to Book 17.1 x 14.5 x 11.4 x
Nbr of stocks (in thousands) 90,764 - -
Reference price 2 1,329 1,329 1,329
Announcement Date 5/13/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2023 2024 2025 2026
Net sales 1 - 11,312 14,374 17,361
EBITDA 1 - 2,503 3,274 3,990
EBIT 1 - 2,321 3,032 3,721
Operating Margin - 20.52% 21.09% 21.43%
Earnings before Tax (EBT) 1 - 2,578 3,182 3,868
Net income 1 1,547 1,960 2,386 2,901
Net margin - 17.33% 16.6% 16.71%
EPS 2 17.05 21.53 26.30 33.35
Free Cash Flow 1 - 241.7 1,740 2,622
FCF margin - 2.14% 12.1% 15.1%
FCF Conversion (EBITDA) - 9.66% 53.15% 65.71%
FCF Conversion (Net income) - 12.33% 72.91% 90.38%
Dividend per Share 2 - 11.00 7.000 8.000
Announcement Date 5/8/23 5/13/24 - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2023 2024 2025 2026
Net Debt - - - -
Net Cash position - - - -
Leverage (Debt/EBITDA) - - - -
Free Cash Flow 1 - 242 1,740 2,622
ROE (net income / shareholders' equity) - 32.7% 32.4% 31.2%
ROA (Net income/ Total Assets) - - - -
Assets 1 - - - -
Book Value Per Share 2 - 71.50 91.80 116.0
Cash Flow per Share - - - -
Capex 1 - 1,014 888 483
Capex / Sales - 8.97% 6.18% 2.78%
Announcement Date 5/8/23 5/13/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1,329 INR
Average target price
1,480 INR
Spread / Average Target
+11.38%
Consensus

Annual profits - Rate of surprise

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