Inox Green Energy Services Limited INOXGREEN NSEINFRA
Company Overview
Inox Green Energy Services Limited provides operation and maintenance services, and common infrastructure facilities for wind turbine generators in India. The company operates through Operation & Maintenance; Erection, Procurement & Commissioning; Power Generation; and Trading Income segments. It offers operational services, including remote monitoring and control through supervisory control and data acquisition system; daily generation reports to the customers; and wind farm maintenance services. The company was formerly known as Inox Wind Infrastructure Services Limited and changed its name to Inox Green Energy Services Limited in October 2021. The company was incorporated in 2012 and is based in Noida, India. Inox Green Energy Services Limited operates as a subsidiary of Inox Wind Limited.
Why Investors Should Care
Net profit has compounded at 89.2% per year over the last five years.
Revenue has grown at a 12.5% CAGR over the past five years.
Maintains a net profit margin of 36.4%.
Carries low leverage with a debt-to-equity ratio of 0.05.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹281.01 Cr (+27.6% YoY); net profit ₹102.39 Cr.
- Trailing 12 Months Year-on-year growth — revenue +27.6%, earnings +417.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 12.5%, profit CAGR 89.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 12.46% |
| 1 Year: | 27.62% |
Compounded Profit Growth
| 5 Years: | 89.24% |
| 1 Year: | 417.12% |
Stock Price Performance
| 1 Year: | +24.42% |
| 6 Months: | +1.57% |
| 3 Months: | +15.21% |
| 1 Month: | -3.12% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)44.35 · Neutral
P/E of 331.82 is above the sector median of 30.12 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 36.4%.
- Compounding revenue at 12.5% over 5 years.
- Profit CAGR of 89.2% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 331.8.
- Trading 30.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INOXGREEN Inox Green Energy Services Limited NSEINFRA | 189.14 | 331.82 | ₹7,593.82 Cr | 0.00% | 9.52% | 6.00% | 12.46% | 89.24% |
| 2 | ADANIPOWER Adani Power Limited NSEINFRA | 223.26 | 33.73 | ₹4.31 L Cr | 0.00% | 15.13% | 19.76% | 12.51% | 6.16% |
| 3 | NTPC NTPC Limited NIFTY50NSEINFRAPSU | 346.55 | 12.42 | ₹3.36 L Cr | 3.29% | 9.27% | 13.31% | 2.49% | 16.95% |
| 4 | POWERGRID Power Grid Corporation of India Limited NIFTY50NSEAIINFRAPSU | 284.15 | 17.34 | ₹2.64 L Cr | 4.33% | 10.70% | 15.85% | 2.02% | 1.09% |
| 5 | ADANIGREEN Adani Green Energy Limited NSEINFRA | 1,596.50 | 165.44 | ₹2.63 L Cr | 0.00% | 6.35% | 8.27% | 16.60% | 19.26% |
| 6 | ADANIENSOL Adani Energy Solutions Limited NSEINFRA | 1,700.00 | 187.85 | ₹2.04 L Cr | 0.00% | 8.43% | 8.98% | 27.69% | 22.02% |
| 7 | ENRIN Siemens Energy India Limited NSEINFRA | 3,438.90 | 111.33 | ₹1.22 L Cr | 0.11% | 29.23% | 25.11% | 63.51% | 83.35% |
| 8 | TATAPOWER The Tata Power Company Limited NSEAIINFRA | 380.25 | 30.64 | ₹1.22 L Cr | 0.66% | 8.53% | 9.49% | 4.10% | 3.95% |
| 9 | GAIL GAIL (India) Limited NSEINFRAPSU | 172.29 | 14.94 | ₹1.13 L Cr | 7.20% | 9.12% | 8.51% | -0.86% | 10.53% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 57.00 Cr | 57.00 Cr | 47.00 Cr | 60.00 Cr | 52.00 Cr | 51.00 Cr | 55.00 Cr | 61.00 Cr | 64.54 Cr | 56.20 Cr | 85.87 Cr | 81.79 Cr | 68.67 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 38.93 Cr | 28.13 Cr | 53.21 Cr | 37.89 Cr | 43.61 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 25.61 Cr | 28.07 Cr | 32.66 Cr | 43.90 Cr | 25.06 Cr |
| Operating Expenses | 51.00 Cr | 34.00 Cr | 34.00 Cr | 40.00 Cr | 41.00 Cr | 34.00 Cr | 37.00 Cr | 46.00 Cr | 28.84 Cr | 33.03 Cr | 34.16 Cr | 31.85 Cr | 28.35 Cr |
| Operating Income | -8.00 Cr | 10.00 Cr | 0 | 7.00 Cr | -1.00 Cr | 4.00 Cr | 6.00 Cr | 3.00 Cr | -3.23 Cr | -4.96 Cr | -1.50 Cr | 12.05 Cr | -3.29 Cr |
| EBITDA | 6.00 Cr | 23.00 Cr | 13.00 Cr | 20.00 Cr | 12.00 Cr | 17.00 Cr | 19.00 Cr | 16.00 Cr | 17.79 Cr | 47.70 Cr | 52.19 Cr | 52.66 Cr | 48.01 Cr |
| Interest Expense | 8.00 Cr | 5.00 Cr | 7.00 Cr | 5.00 Cr | 9.00 Cr | 6.00 Cr | 5.00 Cr | 4.00 Cr | 4.24 Cr | 3.63 Cr | 1.22 Cr | 2.18 Cr | 1.75 Cr |
| Pretax Income | -1.00 Cr | 5.00 Cr | 6.00 Cr | 0 | 20.00 Cr | 5.00 Cr | 10.00 Cr | 10.00 Cr | 13.29 Cr | 32.99 Cr | 40.89 Cr | 39.81 Cr | 45.77 Cr |
| Tax Provision | -84.00 L | 2.35 Cr | 48.00 L | 0 | -80.00 L | 85.00 L | 3.70 Cr | 5.00 Cr | 4.89 Cr | 10.61 Cr | 12.82 Cr | 15.15 Cr | 17.09 Cr |
| Net Income | -2.00 Cr | 3.00 Cr | 6.00 Cr | -1.00 Cr | 21.00 Cr | 4.00 Cr | 6.00 Cr | 5.00 Cr | 5.56 Cr | 22.03 Cr | 27.90 Cr | 24.69 Cr | 27.79 Cr |
| Diluted EPS | -0.02 | 0.08 | 0.20 | -0.05 | 0.73 | 0.13 | 0.18 | 0.11 | 0.15 | 0.58 | 0.74 | 0.65 | 0.71 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 368.00 Cr | 164.00 Cr | 165.00 Cr | 172.00 Cr | - | 197.58 Cr | 192.35 Cr | 220.19 Cr | 281.01 Cr |
| Cost of Revenue | - | - | - | - | - | 147.58 Cr | 89.76 Cr | 98.76 Cr | 162.84 Cr |
| Gross Profit | - | - | - | - | - | 50.00 Cr | 102.60 Cr | 121.43 Cr | 118.17 Cr |
| Operating Expenses | 352.00 Cr | 82.00 Cr | 77.00 Cr | 109.00 Cr | - | 29.01 Cr | 77.95 Cr | 85.78 Cr | 96.78 Cr |
| Operating Income | -2.00 Cr | 55.00 Cr | 48.00 Cr | 14.00 Cr | - | 20.99 Cr | 24.65 Cr | 35.65 Cr | 21.39 Cr |
| EBITDA | 15.00 Cr | 82.00 Cr | 88.00 Cr | 63.00 Cr | - | 93.39 Cr | 105.69 Cr | 120.66 Cr | 206.82 Cr |
| Interest Expense | 65.00 Cr | 30.00 Cr | 53.00 Cr | 61.00 Cr | - | 46.26 Cr | 19.35 Cr | 18.64 Cr | 8.78 Cr |
| Pretax Income | -80.00 Cr | -43.00 Cr | -51.00 Cr | -158.00 Cr | - | -18.19 Cr | 33.39 Cr | 48.81 Cr | 157.81 Cr |
| Tax Provision | 23.20 Cr | -9.89 Cr | -1.02 Cr | 4.74 Cr | - | 28.31 Cr | 3.60 Cr | 12.82 Cr | 53.45 Cr |
| Net Income | -57.00 Cr | -53.00 Cr | -52.00 Cr | -154.00 Cr | - | -61.05 Cr | 27.90 Cr | 19.80 Cr | 102.39 Cr |
| Diluted EPS | -11,328.00 | -9.13 | -4.52 | -11.94 | -3.19 | -2.54 | 0.85 | 0.57 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,509.00 Cr | 1,902.00 Cr | 2,340.00 Cr | 2,693.00 Cr | - | 2,113.16 Cr | 2,082.52 Cr | 2,486.90 Cr | 2,112.86 Cr |
| Current Assets | - | - | - | - | - | 410.15 Cr | 754.48 Cr | 1,005.39 Cr | 1,040.94 Cr |
| Cash & Equivalents | - | - | - | - | - | 3.04 Cr | 10.89 Cr | 6.31 Cr | 86.89 Cr |
| Inventory | - | - | - | - | - | 30.99 Cr | 70.59 Cr | 97.17 Cr | 101.62 Cr |
| Receivables | - | - | - | - | - | 92.71 Cr | 130.91 Cr | 180.08 Cr | 166.18 Cr |
| Total Liabilities | - | - | - | - | - | 1,022.43 Cr | 732.61 Cr | 512.82 Cr | 397.75 Cr |
| Current Liabilities | - | - | - | - | - | 514.38 Cr | 498.77 Cr | 297.98 Cr | 363.10 Cr |
| Long Term Debt | - | - | - | - | - | 264.26 Cr | 5.08 Cr | 4.72 L | 0 |
| Total Debt | 956.00 Cr | 1,154.00 Cr | 1,085.00 Cr | 1,411.00 Cr | - | 594.98 Cr | 173.80 Cr | 180.93 Cr | 88.28 Cr |
| Total Equity | 2.05 Cr | 49.00 Cr | 96.00 Cr | 43.00 Cr | - | 1,085.64 Cr | 1,345.03 Cr | 1,967.14 Cr | 1,707.11 Cr |
| Shares Outstanding | - | - | - | - | - | 29.19 Cr | 29.36 Cr | 36.70 Cr | 40.15 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 65.00 Cr | -41.00 Cr | 362.00 Cr | 49.00 Cr | - | -26.31 Cr | -7.87 Cr | 60.37 Cr | 66.89 Cr |
| Investing Cash Flow | -168.00 Cr | -170.00 Cr | -306.00 Cr | -105.00 Cr | - | -5.19 Cr | -63.13 Cr | -637.46 Cr | -293.11 Cr |
| Financing Cash Flow | 82.00 Cr | 195.00 Cr | -52.00 Cr | 174.00 Cr | - | -10.18 Cr | 78.83 Cr | 572.51 Cr | 306.81 Cr |
| Capital Expenditure | -167.00 Cr | -122.00 Cr | -296.00 Cr | -102.00 Cr | - | -70.33 Cr | -54.26 L | -4.21 Cr | -1.79 Cr |
| Free Cash Flow | -102.00 Cr | -163.00 Cr | 66.00 Cr | -53.00 Cr | - | -96.63 Cr | -8.41 Cr | 56.16 Cr | 65.10 Cr |
| Net Change in Cash | -21.00 Cr | -17.00 Cr | 3.00 Cr | 117.00 Cr | - | -41.68 Cr | 7.84 Cr | -4.58 Cr | 80.59 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | 25.3% | 53.3% | 55.1% | 42.1% |
| Operating Margin % | -0.5% | 33.5% | 29.1% | 8.1% | - | 10.6% | 12.8% | 16.2% | 7.6% |
| Net Margin % | -15.5% | -32.3% | -31.5% | -89.5% | - | -30.9% | 14.5% | 9.0% | 36.4% |
| ROE % | -2,780.5% | -108.2% | -54.2% | -358.1% | - | -5.6% | 2.1% | 1.0% | 6.0% |
| ROCE % | - | - | - | - | - | 1.3% | 1.6% | 1.6% | 1.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INOXGREEN
Inox Green Energy Services Limited's (NSE:INOXGREEN) Popularity With Investors Under Threat As Stock Sinks 25% - simplywall.st
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Inox Green Energy Share Price Today - Inox Green Energy Services Ltd. Stock Price Live NSE/BSE - HDFC Sky
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INOXGREEN — Frequently Asked Questions
What is the current share price of Inox Green Energy Services Limited (INOXGREEN)?
As of 2026-07-15 09:52 IST, Inox Green Energy Services Limited (INOXGREEN) trades at ₹189.14 on NSE. Its 52-week range is ₹135.01 to ₹272.20.
What is the market capitalisation of INOXGREEN?
Inox Green Energy Services Limited (INOXGREEN) has a market capitalisation of ₹7,593.82 Cr on NSE.
What is the P/E ratio of INOXGREEN?
INOXGREEN trades at a trailing price-to-earnings (P/E) ratio of 331.82. The industry average P/E is 30.12. Its price-to-book (P/B) ratio is 3.56.
What is the return on equity (ROE) of INOXGREEN?
INOXGREEN has a return on equity (ROE) of 6.00%. Its return on capital employed (ROCE) is 9.52%.
Is INOXGREEN a good stock to buy?
This page provides a data-driven analysis of Inox Green Energy Services Limited (INOXGREEN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.