Inox Green Energy Services Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Virtually debt-free
Concerns
- ✗Premium to sector peers (P/E 72.3x vs industry 43.8x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,818 | ₹4.2L Cr | 32.7 | 4.37 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹5,115 | ₹2.0L Cr | 37.4 | 28.42 | -12.2 | 7.12 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹110 | ₹1.2L Cr | 561 | -46.7 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹345 -1.12% | ₹80K Cr | 50.2 | 6.65 | 15.4 | 13.7 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹481 | ₹37K Cr | 29.9 | 2.83 | 9.81 | 12.4 | 0.07 |
| DELHIVERY Delhivery Limited | ₹466 | ₹37K Cr | 206 | 3.61 | 1.87 | 2.82 | 0.17 |
| REDINGTON Redington Limited | ₹270 +0.17% | ₹22K Cr | 13.5 | 1.84 | 16.9 | 18.4 | 0.27 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
INOXGREEN · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 55.72% | 55.72% | 55.72% | 56.35% | 55.93% | 55.93% |
| FII | 9.20% | 8.33% | 9.16% | 9.12% | 8.79% | 8.93% |
| DII | 2.84% | 1.75% | 1.72% | 3.70% | 3.71% | 3.72% |
| Public | 32.24% | 34.21% | 33.40% | 30.84% | 31.56% | 31.42% |
Corporate Events
To consider Fund Raising and other business matters
To consider and approve the financial results for the period ended March 31, 2026 and other business matters
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹78 Cr ▼9.3% | ₹86 Cr ▲53.6% | ₹56 Cr ▼13.8% | ₹65 Cr ▲6.6% | ₹61 Cr ▲10.9% | ₹55 Cr ▲7.8% | ₹51 Cr ▼1.9% | ₹52 Cr |
| Op. Profit | ₹19 Cr ▲111.1% | ₹9 Cr ▲50.0% | ₹6 Cr ▲300.0% | ₹-3 Cr ▼118.8% | ₹16 Cr ▼15.8% | ₹19 Cr ▲11.8% | ₹17 Cr ▲41.7% | ₹12 Cr |
| OPM | 24.0% ▲140.0% | 10.0% ▼9.1% | 11.0% ▲320.0% | -5.0% ▼119.2% | 26.0% ▼23.5% | 34.0% ▲3.0% | 33.0% ▲50.0% | 22.0% |
| Net Profit | ₹25 Cr ▼10.7% | ₹28 Cr ▲27.3% | ₹22 Cr ▲266.7% | ₹6 Cr ▲20.0% | ₹5 Cr ▼16.7% | ₹6 Cr ▲50.0% | ₹4 Cr ▼81.0% | ₹21 Cr |
| EPS (₹) | 0.66 ▼13.2% | 0.76 ▲26.7% | 0.6 ▲300.0% | 0.15 ▲36.4% | 0.11 ▼38.9% | 0.18 ▲38.5% | 0.13 ▼82.2% | 0.73 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹281 Cr ▲19.1% | ₹236 Cr ▲5.4% | ₹224 Cr ▼11.8% | ₹254 Cr ▲47.7% | ₹172 Cr ▲0.0% | ₹172 Cr ▲4.2% | ₹165 Cr ▲0.6% | ₹164 Cr ▼55.4% | ₹368 Cr |
| Expenses | ₹258 Cr ▲40.2% | ₹184 Cr ▲23.5% | ₹149 Cr ▼24.4% | ₹197 Cr ▲118.9% | ₹90 Cr ▼17.4% | ₹109 Cr ▲41.6% | ₹77 Cr ▼6.1% | ₹82 Cr ▼76.7% | ₹352 Cr |
| Op. Profit | ₹23 Cr ▼55.8% | ₹52 Cr ▼30.7% | ₹75 Cr ▲31.6% | ₹57 Cr ▼30.5% | ₹82 Cr ▲30.2% | ₹63 Cr ▼28.4% | ₹88 Cr ▲7.3% | ₹82 Cr ▲446.7% | ₹15 Cr |
| OPM | 8.0% ▼63.6% | 22.0% ▼33.3% | 33.0% ▲43.5% | 23.0% ▼52.1% | 48.0% ▲29.7% | 37.0% ▼30.2% | 53.0% ▲6.0% | 50.0% ▲1150.0% | 4.0% |
| Other Income | ₹144 Cr ▲152.6% | ₹57 Cr ▲62.9% | ₹35 Cr ▼12.5% | ₹40 Cr ▲157.1% | ₹-70 Cr ▲37.5% | ₹-112 Cr ▼138.3% | ₹-47 Cr ▲30.9% | ₹-68 Cr ▼385.7% | ₹-14 Cr |
| Interest | ₹9 Cr ▼52.6% | ₹19 Cr ▼24.0% | ₹25 Cr ▼64.8% | ₹71 Cr ▲29.1% | ₹55 Cr ▼9.8% | ₹61 Cr ▲15.1% | ₹53 Cr ▲76.7% | ₹30 Cr ▼53.8% | ₹65 Cr |
| Depreciation | ₹2 Cr ▼96.2% | ₹53 Cr ▲0.0% | ₹53 Cr ▼18.5% | ₹65 Cr ▲30.0% | ₹50 Cr ▲2.0% | ₹49 Cr ▲22.5% | ₹40 Cr ▲48.1% | ₹27 Cr ▲58.8% | ₹17 Cr |
| PBT | ₹157 Cr ▲324.3% | ₹37 Cr ▲19.4% | ₹31 Cr ▲179.5% | ₹-39 Cr ▲58.1% | ₹-93 Cr ▲41.1% | ₹-158 Cr ▼209.8% | ₹-51 Cr ▼18.6% | ₹-43 Cr ▲46.3% | ₹-80 Cr |
| Tax % | 34.0% ▼17.1% | 41.0% ▲241.7% | 12.0% ▲125.0% | -48.0% | 0.0% ▲100.0% | -3.0% ▼250.0% | 2.0% ▼91.3% | 23.0% ▲179.3% | -29.0% |
| Net Profit | ₹103 Cr ▲368.2% | ₹22 Cr ▼21.4% | ₹28 Cr ▲240.0% | ₹-20 Cr ▲78.5% | ₹-93 Cr ▲39.6% | ₹-154 Cr ▼196.2% | ₹-52 Cr ▲1.9% | ₹-53 Cr ▲7.0% | ₹-57 Cr |
| EPS (₹) | 2.55 ▲372.2% | 0.54 ▼43.2% | 0.95 ▲243.9% | -0.66 ▲83.4% | -3.97 ▲66.8% | -11.94 ▼164.2% | -4.52 ▲50.5% | -9.13 ▲99.9% | -11,328 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹401 Cr ▲9.3% | ₹367 Cr ▲0.0% | ₹367 Cr ▲24.8% | ₹294 Cr ▲0.7% | ₹292 Cr ▲24.3% | ₹235 Cr ▲82.2% | ₹129 Cr ▲11.2% | ₹116 Cr ▲103.5% | ₹57 Cr ▲113900.0% | ₹0.05 Cr |
| Reserves | ₹1.3K Cr ▼21.0% | ₹1.7K Cr ▲3.3% | ₹1.6K Cr ▲52.2% | ₹1.1K Cr ▲25.9% | ₹835 Cr ▲46.0% | ₹572 Cr ▲765.1% | ₹-86 Cr ▼330.0% | ₹-20 Cr ▼150.0% | ₹-8 Cr ▼500.0% | ₹2 Cr |
| Borrowings | ₹88 Cr ▼7.4% | ₹95 Cr ▼47.5% | ₹181 Cr ▲4.0% | ₹174 Cr ▼70.8% | ₹595 Cr ▼34.2% | ₹904 Cr ▼35.9% | ₹1.4K Cr ▲30.0% | ₹1.1K Cr ▼6.0% | ₹1.2K Cr ▲20.7% | ₹956 Cr |
| Other Liabilities | ₹317 Cr ▼9.7% | ₹351 Cr ▲3.5% | ₹339 Cr ▼39.9% | ₹564 Cr ▲30.3% | ₹433 Cr ▲5.6% | ₹410 Cr ▼66.9% | ₹1.2K Cr ▲7.0% | ₹1.2K Cr ▲65.9% | ₹698 Cr ▲26.7% | ₹551 Cr |
| Total Liabilities | ₹2.1K Cr ▼14.3% | ₹2.5K Cr ▼0.8% | ₹2.5K Cr ▲19.4% | ₹2.1K Cr ▼3.3% | ₹2.2K Cr ▲1.6% | ₹2.1K Cr ▼21.2% | ₹2.7K Cr ▲15.1% | ₹2.3K Cr ▲23.0% | ₹1.9K Cr ▲26.0% | ₹1.5K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹15 Cr ▼97.8% | ₹685 Cr ▼2.7% | ₹704 Cr ▼6.8% | ₹755 Cr ▼31.1% | ₹1.1K Cr ▲14.9% | ₹953 Cr ▲24.6% | ₹765 Cr ▼1.4% | ₹776 Cr ▲51.6% | ₹512 Cr ▲2.4% | ₹500 Cr |
| CWIP | ₹6 Cr ▼14.3% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▼94.7% | ₹133 Cr ▼47.0% | ₹251 Cr ▲865.4% | ₹26 Cr ▼55.9% | ₹59 Cr ▲490.0% | ₹10 Cr |
| Investments | ₹550 Cr ▲13.2% | ₹486 Cr ▲9.0% | ₹446 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹33 Cr ▲0.0% | ₹33 Cr ▼54.2% | ₹72 Cr ▲1.4% | ₹71 Cr | ₹0 Cr |
| Other Assets | ₹1.5K Cr ▲19.7% | ₹1.3K Cr ▼3.2% | ₹1.3K Cr ▲0.8% | ₹1.3K Cr ▲25.5% | ₹1.1K Cr ▲5.0% | ₹1.0K Cr ▼39.1% | ₹1.6K Cr ▲12.3% | ₹1.5K Cr ▲16.3% | ₹1.3K Cr ▲26.1% | ₹999 Cr |
| Total Assets | ₹2.1K Cr ▼14.3% | ₹2.5K Cr ▼0.8% | ₹2.5K Cr ▲19.4% | ₹2.1K Cr ▼3.3% | ₹2.2K Cr ▲1.6% | ₹2.1K Cr ▼21.2% | ₹2.7K Cr ▲15.1% | ₹2.3K Cr ▲23.0% | ₹1.9K Cr ▲26.0% | ₹1.5K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹67 Cr ▲11.7% | ₹60 Cr ▲850.0% | ₹-8 Cr ▲69.2% | ₹-26 Cr ▼118.4% | ₹141 Cr ▲187.8% | ₹49 Cr ▼86.5% | ₹362 Cr ▲982.9% | ₹-41 Cr ▼163.1% | ₹65 Cr |
| Investing CF | ₹-293 Cr ▲54.0% | ₹-637 Cr ▼911.1% | ₹-63 Cr ▼1160.0% | ₹-5 Cr ▲96.7% | ₹-153 Cr ▼45.7% | ₹-105 Cr ▲65.7% | ₹-306 Cr ▼80.0% | ₹-170 Cr ▼1.2% | ₹-168 Cr |
| Financing CF | ₹307 Cr ▼46.3% | ₹572 Cr ▲624.1% | ₹79 Cr ▲890.0% | ₹-10 Cr ▲84.1% | ₹-63 Cr ▼136.2% | ₹174 Cr ▲434.6% | ₹-52 Cr ▼126.7% | ₹195 Cr ▲137.8% | ₹82 Cr |
| Net Cash Flow | ₹81 Cr ▲1720.0% | ₹-5 Cr ▼162.5% | ₹8 Cr ▲119.0% | ₹-42 Cr ▲44.7% | ₹-76 Cr ▼165.0% | ₹117 Cr ▲3800.0% | ₹3 Cr ▲117.6% | ₹-17 Cr ▲19.0% | ₹-21 Cr |
| Free Cash Flow | ₹65 Cr ▲16.1% | ₹56 Cr ▲800.0% | ₹-8 Cr ▲91.8% | ₹-97 Cr ▼1112.5% | ₹-8 Cr ▲84.9% | ₹-53 Cr ▼180.3% | ₹66 Cr ▲140.5% | ₹-163 Cr ▼59.8% | ₹-102 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 216d ▼22.6% | 279d ▲31.0% | 213d ▲60.2% | 133d ▼7.6% | 144d ▼69.6% | 473d ▼14.3% | 552d ▲34.6% | 410d ▲69.4% | 242d |
| Inventory Days | — | — | — | 215d ▼60.2% | 540d | — | — | — | 1891d |
| Days Payable | — | — | — | 758d ▼62.6% | 2029d | — | — | — | 2200d |
| Cash Conv. Cycle | 216d ▼22.6% | 279d ▲31.0% | 213d ▲152.1% | -409d ▲69.6% | -1344d ▼384.1% | 473d ▼14.3% | 552d ▲34.6% | 410d ▲711.9% | -67d |
| Working Capital Days | 225d ▼69.6% | 741d ▲89.0% | 392d ▲280.6% | -217d ▲80.4% | -1105d ▲60.5% | -2799d ▼31.3% | -2132d ▼171.9% | -784d ▼268.1% | -213d |
| ROCE | 8.0% ▲166.7% | 3.0% ▼25.0% | 4.0% ▲300.0% | 1.0% ▼66.7% | 3.0% ▲50.0% | 2.0% ▼50.0% | 4.0% ▼20.0% | 5.0% | — |
Source: Screener.in · Lower days = better efficiency
About Inox Green Energy Services Limited
Incorporated in 2012, Inox Green Energy Services Limited is one of the major wind power operation and maintenance ("O&M") service providers within India. The company is a subsidiary of Inox Wind Limited ("IWL"), and part of the Inox GFL group of companies.[1]
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