INOXGREEN · NSE
Inox Green Energy Services Limited
₹171.32
-1.90% (-₹3.32)
Prev. close
₹174.64
Volume
5,36,646
Delivery %
47.1%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Inox Green Energy Services Limited
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.
Details
Sector
Utilities
Industry
Utilities - Renewable
CEO
Mr. Seethappa Karunakaran Mathusudhana
Headquarters
Noida
Employees
367
Website
inoxgreen.comExchange
View on NSE ↗Key stats
Market cap
₹6,878.36 Cr
P/E ratio (TTM)
54.6
EPS (TTM)
₹3.14
Beta (1Y · daily vs NIFTY 50)
1.60
Beta (5Y · monthly vs NIFTY 50)
3.07
Shares float
15.87 Cr
EPS · quarter ended Jun 2026
₹1.01
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹197.58 Cr | ₹192.35 Cr | ₹213.31 Cr | ₹269.27 Cr | |
| EBITDA | — | — | ₹93.39 Cr | ₹105.69 Cr | ₹116.55 Cr | ₹205.50 Cr |
| ₹-154.00 Cr | ₹-93.00 Cr | ₹-61.05 Cr | ₹27.91 Cr | ₹19.80 Cr | ₹102.39 Cr | |
| Diluted EPS | — | — | ₹-2.54 | ₹0.85 | ₹0.57 | ₹2.74 |
Revenue, Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Pretax income, Tax provision, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,693.00 Cr | ₹2,121.00 Cr | ₹2,155.00 Cr | ₹2,083.00 Cr | ₹2,487.00 Cr | ₹2,113.00 Cr | |
| — | ₹904.17 Cr | ₹594.98 Cr | ₹173.80 Cr | ₹180.93 Cr | ₹88.28 Cr | |
| Stockholders' equity | ₹43.00 Cr | ₹807.00 Cr | ₹1,127.00 Cr | ₹1,345.00 Cr | ₹1,967.00 Cr | ₹1,707.00 Cr |
Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹49.00 Cr | ₹141.00 Cr | ₹-26.00 Cr | ₹-8.00 Cr | ₹60.00 Cr | ₹67.00 Cr | |
| Investing cash flow | — | — | ₹-5.23 Cr | ₹-63.11 Cr | ₹-637.46 Cr | ₹-293.11 Cr |
| — | — | ₹-10.14 Cr | ₹78.83 Cr | ₹572.50 Cr | ₹306.81 Cr | |
| Capital expenditure | — | — | ₹-70.33 Cr | ₹-54.00 L | ₹-4.21 Cr | ₹-1.79 Cr |
| End cash position | — | — | ₹3.78 Cr | ₹10.88 Cr | ₹6.31 Cr | ₹86.89 Cr |
Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Nov 22–Jun 23(4Q) | Sep 23–Jun 24(4Q) | Aug 24–Sep 24(2Q) | Dec 24–Mar 25(2Q) | Jun 25–Sep 25(2Q) | Nov 25–Dec 25(2Q) | Jan 26–Jun 26(3Q) |
|---|---|---|---|---|---|---|---|
| Promoter | 56.04% | 55.72% | 56.35% | 55.93% | 55.97% | 54.82% | 56.12% |
| Public | 43.96% | 44.28% | 43.65% | 44.07% | 44.03% | 45.18% | 43.88% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Utilities
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Adani Power Limited | ₹3.97 L Cr | ₹206.6 | 27.9 | 6.12 | 19.8% | 0.84 | -3.5% | -67.3% |
| NTPC Limited | ₹3.20 L Cr | ₹323.65 | 10.1 | 1.57 | 13.3% | 1.33 | -1.2% | -3.9% |
| Power Grid Corporation of India Limited | ₹2.45 L Cr | ₹270.3 | 12.9 | 2.44 | 15.8% | 1.51 | +1.6% | -6.5% |
| Adani Green Energy Limited | ₹2.10 L Cr | ₹1,334.5 | 122.3 | 10.51 | 8.3% | 5.08 | +11.6% | +36.3% |
| Adani Energy Solutions Limited | ₹1.70 L Cr | ₹1,436.1 | 57.1 | 6.67 | 9.0% | 1.93 | +15.4% | +71.5% |
| Tata Power Company Limited | ₹1.18 L Cr | ₹374.8 | 30.6 | 2.99 | 9.5% | 2.02 | -4.8% | -4.7% |
| GAIL (India) Limited | ₹1.13 L Cr | ₹173.9 | 11.4 | 1.27 | 8.5% | 0.28 | -0.2% | -3.9% |
| Siemens Energy India Limited | ₹1.11 L Cr | ₹3,228 | 74.2 | 25.27 | 25.1% | 0.03 | +63.5% | -7.1% |
| JSW Energy Limited | ₹93,817.50 Cr | ₹526 | 40.3 | 3.05 | 7.3% | 2.50 | +62.8% | -2.2% |
| NHPC Limited | ₹75,749.61 Cr | ₹75.2 | 27.6 | 1.83 | 9.1% | 1.32 | +7.2% | -13.8% |
| NTPC Green Energy Limited | ₹73,797.80 Cr | ₹88.55 | 141.3 | 3.89 | 2.8% | 1.67 | +29.8% | -14.7% |
| Inox Green Energy Services Limited | ₹7,011.66 Cr | ₹171.32 | 55.4 | 4.11 | 6.0% | 0.05 | +26.2% | -7.4% |
Ranked by market cap within Utilities, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
3 indices
Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.
Inox Clean Energy likely to file draft papers for ₹10,000-crore IPO by month-end
Inox Clean Energy, the renewable energy arm of INOXGFL Group, is expected to file draft papers for a ₹10,000-crore IPO by month-end. This potential offering would be India's largest in the clean energy sector, aiming for a ₹1 lakh crore valuation. The company has rapidly expanded its portfolio through 10 acquisitions over the past year.
Energy stocks today, September 7: Antelopus Selan Energy and Hindustan Oil gain over 3%; Gujarat Gas slips 2.28%
Inox Green Energy Services shares declined 2.16% to ₹171.32 during Monday's trading session. This fall contributed to the S&P BSE Energy index's overall 0.43% decline, moving in line with the broader market. Gujarat Gas also saw a significant drop of 2.28%.