StoxInox Wind vs HEG Advanced Materials: share price & financials comparison
NSE: INOXWIND vs HEGAM · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Inox Wind vs HEG Advanced Materials at a glance
Inox Wind (INOXWIND) has a market capitalisation of ₹11,139 Cr, against ₹9,163 Cr for HEG Advanced Materials (HEGAM). Over the past year HEG Advanced Materials has returned -52.1%, compared with -58.4% for Inox Wind. On valuation, HEG Advanced Materials trades at a lower P/E of 22.9 versus 35.8. HEG Advanced Materials earns a higher return on equity (16.0% vs 4.6%). Inox Wind comes out ahead on size, growth, financial health and technicals. HEG Advanced Materials comes out ahead on profitability. Across the scored metrics below, Inox Wind leads on 10 and HEG Advanced Materials on 7. On StoxGud's 10-point checklist, Inox Wind scores 4/10 and HEG Advanced Materials scores 4/10.
| Metric | Inox Wind | HEG Advanced Materials |
|---|---|---|
| Size | ||
| Market cap | ₹11,139 Cr | ₹9,163 Cr |
| Revenue (latest FY) | ₹4,397 Cr | ₹2,568 Cr |
| Net profit (latest FY) | ₹405 Cr | ₹341 Cr |
| Valuation | ||
| P/E | 35.8 | 22.9 |
| P/B | 1.64 | 3.66 |
| Dividend yield | — | 0.40% |
| Profitability | ||
| Return on equity | 4.6% | 16.0% |
| Net profit margin | 6.7% | 16.9% |
| Operating margin | 18.2% | 14.4% |
| Growth | ||
| Revenue growth (YoY) | +21.0% | -38.5% |
| Net profit growth (YoY) | -35.9% | +114.0% |
| Revenue CAGR (multi-year) | +44.0% | +15.4% |
| Financial health | ||
| Debt to equity | 0.36 | 0.45 |
| Momentum | ||
| 1-month return | -7.8% | +20.8% |
| 1-year return | -58.4% | -52.1% |
| 3-year CAGR | +0.2% | -4.1% |
| 5-year CAGR | +15.1% | -8.1% |
| 10-year CAGR | +3.3% | +24.3% |
| Distance from 52W high | -57.5% | -62.4% |
| Technicals | ||
| RSI (14) | 63 | 79 |
| Price vs 200-day avg | -23.1% | -45.3% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Inox Wind | HEG Advanced Materials |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✗ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 4/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Inox Wind or HEG Advanced Materials?
Inox Wind has a market cap of ₹11,139 Cr and HEG Advanced Materials has a market cap of ₹9,163 Cr as of 13 Nov 2026.
Which has a lower P/E, Inox Wind or HEG Advanced Materials?
HEG Advanced Materials has the lower P/E: Inox Wind trades at 35.8 and HEG Advanced Materials at 22.9.
Which gave better returns in the last year, Inox Wind or HEG Advanced Materials?
HEG Advanced Materials did better: Inox Wind returned -58.4% and HEG Advanced Materials returned -52.1% over one year.
What is the difference between Inox Wind and HEG Advanced Materials?
Both are NSE-listed companies in Capital Goods. Inox Wind is about 1.2 times the size of HEG Advanced Materials by market cap. In the latest financial year Inox Wind reported revenue of ₹4,397 Cr and HEG Advanced Materials ₹2,568 Cr. Operating margin is 18.2% for Inox Wind and 14.4% for HEG Advanced Materials. Debt to equity is 0.36 for Inox Wind and 0.45 for HEG Advanced Materials.
Which is better, Inox Wind or HEG Advanced Materials?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Inox Wind leads on 10 and HEG Advanced Materials on 7. Inox Wind is ahead on size, growth, financial health and technicals. HEG Advanced Materials is ahead on profitability. On StoxGud's rules-based checklist Inox Wind scores 4/10 and HEG Advanced Materials scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.