Ind Renewable Energy Ltd vs Inox Wind Energy Ltd Stock Comparison
Ind Renewable Energy Ltd vs Inox Wind Energy Ltd Stock Comparison
Last Updated on: Mar 20, 2026
Key Highlights
The Latest Trading Price of IND Renewable Energy Ltd is ₹ 10.45 as of 20 Mar 15:30
. The P/E Ratio of IND Renewable Energy Ltd changed from 0 on March 2021 to 0 on March 2024 . This represents a CAGR of 0.0% over 4 yearsThe P/E Ratio of Inox Wind Energy Ltd changed from 0 on March 2021 to 0 on March 2024 . This represents a CAGR of 0.0% over 4 years The Market Cap of IND Renewable Energy Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2024 . This represents a CAGR of 0.0% over 4 yearsThe Market Cap of Inox Wind Energy Ltd changed from ₹ 785.59 crore on March 2022 to ₹ 6992 crore on March 2024 . This represents a CAGR of 107.24% over 3 years The revenue of IND Renewable Energy Ltd for the Mar '25 is ₹ 0 crore as compare to the Dec '24 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Inox Wind Energy Ltd for the Mar '25 is ₹ 1310 crore as compare to the Dec '24 revenue of ₹ 994.74 crore. This represent the growth of 31.76% The ebitda of IND Renewable Energy Ltd for the Mar '25 is ₹ 0 crore as compare to the Dec '24 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Inox Wind Energy Ltd for the Mar '25 is ₹ 290.12 crore as compare to the Dec '24 ebitda of ₹ 286.63 crore. This represent the growth of 1.22% The net profit of IND Renewable Energy Ltd changed from ₹ 0 crore to ₹ 0 crore over 4 quarters. This represents a CAGR of 0.0%
The net profit of Inox Wind Energy Ltd changed from ₹ 41.58 crore to ₹ 190.35 crore over 4 quarters. This represents a CAGR of 357.79%
The Dividend Payout of IND Renewable Energy Ltd changed from 0 % on March 2021 to 0 % on March 2024 . This represents a CAGR of 0.0% over 4 yearsThe Dividend Payout of Inox Wind Energy Ltd changed from 0 % on March 2021 to 0 % on March 2024 . This represents a CAGR of 0.0% over 4 years .
About IND Renewable Energy Ltd
IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited), was incorporated on September 9, 2011 as wholly owned subsidiary of Everlon Synthetics Limited.
The Company changed its name from 'Vakharia Power Infrastructure Limited' to 'IND Renewable Energy Limited' on March 9, 2016.
The Company is engaged primarily in the business of Roof Top Solar Plant.
The Company approved a Scheme of Arrangement/Demerger of Investment Business of Everlon Synthetics Ltd (ESL) into Vakharia Power Infrastructure Ltd., (VPIL) in 2012-13.
The Company allotted 30273600 Equity Shares of Rs. 1/- each on November 23, 2012 and as such the Company ceased to be an subsidiary of Everlon Synthetics Ltd. Presently, the Company is holding the investments and other assets and liabilities of the Investment Business Undertaking transferred to it under the Scheme of Arrangement.
About Inox Wind Energy Ltd
Inox Wind Energy Limited (IWEL) was incorporated as Public Limited Company on 06 March, 2020 in Gujarat as a wholly owned subsidiary of GFL Limited.
Currently, the Company operates as a subsidiary of Inox Leasing and Finance Limited, with a controlling share capital
of 48.27% as of 31st March, 2024.
The Company was found with the objective of engaging in business of generation and sale of wind energy, providing services for Erection, Procurement and Commissioning (EPC) of wind farms and holding strategic business interest in Renewables Energy.
The Company received the Demerged Undertaking of GFL Limited and ran the Renewable Energy Business at various sites in Tamil Nadu, Maharashtra, Kerala and Rajasthan.
The Company sites are strategically located at various locations catering to growing demand for wind energy and further expand operations.
FAQs for the comparison of IND Renewable Energy Ltd and Inox Wind Energy Ltd
Which company has a larger market capitalization, IND Renewable Energy Ltd or Inox Wind Energy Ltd?
Market cap of IND Renewable Energy Ltd is 14 Cr while Market cap of Inox Wind Energy Ltd is 12,410 Cr
What are the key factors driving the stock performance of IND Renewable Energy Ltd and Inox Wind Energy Ltd?
The stock performance of IND Renewable Energy Ltd and Inox Wind Energy Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for IND Renewable Energy Ltd and Inox Wind Energy Ltd?
As of March 20, 2026, the IND Renewable Energy Ltd stock price is INR ₹10.45. On the other hand, Inox Wind Energy Ltd stock price is INR ₹10301.45.
How do dividend payouts of IND Renewable Energy Ltd and Inox Wind Energy Ltd compare?
To compare the dividend payouts of IND Renewable Energy Ltd and Inox Wind Energy Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.