Inox Wind (NSE:INOXWIND) Current Ratio: 2.01 (As of Mar. 2026) — 69% Above Median


NSE:INOXWIND Inox Wind Ltd NSE:INOXWIND
65 GF Score
Price ₹86.14
GF Value ₹275.90
Valuation Possible Value Trap
! 2 Warning Signs
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What is Inox Wind Current Ratio?

Inox Wind NSE:INOXWIND -0.93% 65 Current Ratio is 2.01 as of Mar. 2026, which is 69% above its 10-year median of 1.19. GuruFocus rates NSE:INOXWIND with a GF Score™ of 65/100 and a GF Value™ of ₹275.90 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, Inox Wind ranks better than 51.87% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Inox Wind's current ratio for the quarter that ended in Mar. 2026 was 2.01.

Inox Wind has a current ratio of 2.01. It generally indicates good short-term financial strength.

The historical rank and industry rank for Inox Wind's Current Ratio or its related term are showing as below:

NSE:INOXWIND' s Current Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.19   Max: 2.01
Current: 2.01

During the past 13 years, Inox Wind's highest Current Ratio was 2.01. The lowest was 0.84. And the median was 1.19.

NSE:INOXWIND's Current Ratio is ranked better than
51.87% of 3071 companies
in the Industrial Products industry
Industry Median: 1.97 vs NSE:INOXWIND: 2.01

Inox Wind  (NSE:INOXWIND) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Inox Wind Current Ratio Related Terms


Inox Wind Current Ratio Historical Data

* Premium members only.

The historical data trend for Inox Wind's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inox Wind Current Ratio Chart

Inox Wind Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.09 1.08 1.64 2.01

Inox Wind Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 0.00 2.34 0.00 2.01

NSE:INOXWIND vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Inox Wind's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inox Wind Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inox Wind's Current Ratio distribution charts can be found below:

* The bar in red indicates where Inox Wind's Current Ratio falls into.


NSE:INOXWIND
65GF Score
Inox Wind Ltd NSE:INOXWIND
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Inox Wind Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Inox Wind's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=76121.5/37897.2
=2.01

Inox Wind's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=76121.5/37897.2
=2.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.01 mean?
Inox Wind (NSE:INOXWIND) has a Current Ratio of 2.01 as of Mar. 2026. This is 69% above median its historical median of 1.19. Over the past decade, Inox Wind's Current Ratio has ranged from 0.84 to 2.01. According to the industry distribution chart, Inox Wind ranks #1478 out of 3071 companies in the Industrial Products industry, placing it in the top 48.1%.
Is Inox Wind's Current Ratio too high?
Inox Wind's current Current Ratio of 2.01 is 69% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.01. The Industrial Products industry median Current Ratio is 1.97. Inox Wind's value of 2.01 is 2% above this industry median. Based on the distribution chart, Inox Wind ranks #1478 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Inox Wind has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Inox Wind ranks #1478 out of 3071 companies for Current Ratio. This puts Inox Wind in the upper half of its industry. The industry median Current Ratio is 1.97. Inox Wind's value of 2.01 is 2% above this benchmark. Historically, Inox Wind's own Current Ratio has ranged from 0.84 to 2.01 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.97, Inox Wind has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.97, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inox Wind's current Current Ratio of 2.01 is 2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inox Wind's current Current Ratio is 2.01, which is 69% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹275.90, compared to a current price of ₹86.14 — trading 68.8% below its estimated fair value. The current Current Ratio is 2.01, which is 69% above median its 10-year median of 1.19 and 2% above the Industrial Products industry median of 1.97. Inox Wind's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Inox Wind (NSE:INOXWIND), the current Current Ratio is 2.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Inox Wind (NSE:INOXWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued. The current stock price of ₹86.14 is trading 68.8% below its estimated GF Value™ of ₹275.90. GuruFocus considers Inox Wind to be Possible Value Trap.

Key valuation signals for NSE:INOXWIND:

  • Current Ratio: 2.01 (69% above median its 10-year median of 1.19)
  • GF Value™: ₹275.90 vs. price of ₹86.14 (68.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 2% above the Industrial Products median (#1478 of 3071)

No single metric tells the full story. See the NSE:INOXWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inox Wind Business Description

Other Exchanges 539083:India
Address Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
65GF Score

Get the complete analysis for NSE:INOXWIND

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹86.14
Price
₹275.90
GF Value