INOXGREEN · Inox Green Energy Services Ltd · Construction Services
INOXGREEN · Inox Green Energy Services Ltd · Construction Services
As of 06 Nov close
52-week range
56.7% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹43 Cr
Revenue YoY
PAT YoY
+85.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4
P/S (TTM)
26.7
Sector P/E
10.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| INOXGREEN (this stock) | 62.1 | 4 | +45.2% | +7.1% | 0.06 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
falling 2q
MF
1.61% (+0.23pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 28 Jan 2026 | Inox Leasing and Finance Limited | SELL | 1,98,90,000 | ₹288 Cr |
| 28 Jan 2026 | Inox Leasing and Finance Limited | SELL | 76,96,206 | ₹27.9 Cr |
| 14 Nov 2025 | Seethappa Karunakaran Mathusudhana | BUY | 1,02,500 | ₹89.18 lakh |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| INOXGREEN | 2026-10-09 | 9727352 | 3 | WEAK | BULK |
| INOXGREEN | 2026-10-08 | 6045791 | 2 | STRONG | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Inox Green Energy Services Limited (Inox Green) disclosed its earnings presentation for the quarter ended June 30, 2026. The presentation reported a total income of Rs 101 crores, reflecting a 17% year-over-year increase from Rs 86 crores in the same quarter of the previous year. EBITDA rose by 19% to Rs 57 crores, while profit before tax surged 74% to Rs 54 crores. Profit after tax also saw a significant increase of 86%, reaching Rs 41 crores. The company highlighted its operational capacity of approximately 13.3 GWp, which includes both wind and solar assets. Inox Green received approval for the acquisition of a 4.5 GW wind O&M portfolio from Wind World India, with transaction formalities anticipated to be completed in Q2 FY27. The presentation emphasized the company's strong growth trajectory and synergies within the group, positioning it as a leader in the renewable O&M sector.
Management highlighted strong financial growth and strategic acquisitions.
Sourced from an exchange-filed presentation, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Inox Green Energy Services Limited (Inox Green) disclosed its earnings presentation for the quarter and financial year ended March 31, 2026. The presentation highlighted a total income of Rs 120 crores for Q4 FY26, representing a 40% year-over-year increase from Rs 85 crores in Q4 FY25. EBITDA rose to Rs 57 crores, up 93% from Rs 30 crores in the previous year. Profit before tax reached Rs 46 crores, a 244% increase compared to Rs 13 crores in Q4 FY25, while profit after tax was Rs 28 crores, up 340% from Rs 6 crores. The company reported a robust order book of approximately 3.1 GW and noted a machine availability rate of around 96.5%. Additionally, a scheme for the demerger of the evacuation infrastructure business was approved, aiming for a more asset-light and high-margin business model.
Management reported significant growth in financial metrics and strategic developments.
Sourced from an exchange-filed presentation, dated 29 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Inox Green Energy Services Limited (INOXGREEN) held a conference call on February 13, 2026, to discuss its financial results for the quarter and nine months ended December 31, 2025. Management reported a total income of INR 112 crores for Q3 FY '26, reflecting a 51% year-on-year increase, with EBITDA rising 80% to INR 53 crores. Profit before tax surged 261% to INR 40 crores, and profit after tax increased 375% to INR 25 crores. The company highlighted its 13.3 GW portfolio, which includes both wind and solar assets, and noted ongoing efforts to enhance operational efficiency. Management also discussed the demerger of its substation business, which is in the final stages of approval, and indicated that this would improve profitability metrics. The call concluded with management expressing confidence in the growth trajectory of both Inox Wind and Inox Green, emphasizing their strategic positioning in the renewable energy sector.
Management highlighted strong financial growth and strategic developments.
Sourced from an exchange-filed transcript, dated 19 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Inox Green Energy Services Limited reported significant financial growth for the quarter ending December 31, 2025. Total income reached Rs 112 crores, a 51% increase year-over-year, while EBITDA rose by 80% to Rs 53 crores. Profit before tax surged 261% to Rs 40 crores, and profit after tax increased 375% to Rs 25 crores. The company highlighted a machine availability rate of 96.5% and a portfolio of 13.3 GWp, which includes both wind and solar assets. Management noted that a demerger of the substation business is in the final stages of approval. The presentation emphasized the growth potential in the Indian wind sector, supported by favorable policies and a strong demand for renewable energy.
Management highlighted strong financial performance and growth opportunities in the renewable energy sector.
Sourced from an exchange-filed presentation, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedInox Green Energy Services Limited emphasizes sustainability as a core business strategy, integrating it into corporate governance, strategic decision-making, and daily operations. The company highlights its commitment to ESG principles, operational efficiency through technology and innovation, and stakeholder engagement. It outlines strategic initiatives to expand renewable energy O&M services, enhance process efficiency, and maintain a strong governance framework with independent directors and risk management committees.
- Sustainability is deeply embedded in corporate governance and strategic decision-making.
- Focus on operational efficiency through technology and innovation to enhance service precision and reduce lifecycle costs.
- Commitment to ESG principles and long-term value creation for stakeholders.
- Expansion of renewable energy O&M services through organic growth and strategic acquisitions.
- Robust governance framework with independent directors and risk management committees.
Key takeaway: Inox Green Energy Services Limited positions sustainability as a core business strategy, integrating ESG principles into governance and operations to drive long-term value and operational efficiency.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
The company did not appoint a qualified company secretary as required by SEBI (LODR) Regulations, leading to a penalty imposed by the Stock Exchange, which the company has since paid.
Older (3+ years ago)
The company had non-compliance with SEBI regulations 52(1), 52(2), 52(4), and 52(7)/57(7A) for non-submission of financial results within the prescribed period. The company defaulted on the requirement and paid a fine levied by the Stock Exchange.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
Inox Green Energy Services Limited has not regularly deposited undisputed statutory dues including GST, provident fund, income tax, and others during the year, with delays in a large number of cases.
Older (3+ years ago)
The company has not regularly deposited undisputed statutory dues including GST, provident fund, income tax, sales tax, VAT, customs duty, service tax, and cess with the appropriate authorities, resulting in delays in a large number of cases as of 31 March 2023.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company had contingent liabilities, including indemnities for legal non-compliance, asset pledges, guarantees for IRSL loans, and redeemable financial instruments. These were resolved by clearing liabilities, repaying loans, converting shares to equity, and resolving litigation.
Earlier (1-3 years ago)
The company has provided bank guarantees of ₹5,578.20 Lakh and made Inter-Corporate deposits of ₹1,003.57 Lakh to SPVs for wind farm projects. The SPVs' project completion date has expired, and applications for extensions are pending, creating a contingent liability.
Older (3+ years ago)
The company has pending litigation matters with courts/appellate authorities and significant uncertain tax positions under dispute, involving complex matters with contractors, transporters, customers, and other parties.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has proposed related-party transactions with IRSL, a fellow subsidiary under common control of IWL, the promoter. Directors and KMPs of the company also serve on IRSL's board, potentially creating conflicts of interest.
Earlier (1-3 years ago)
The company has approved material related party transactions between fellow subsidiaries, including Resco Global Wind Services Private Limited and Nani Virani Wind Energy Private Limited, with estimated values in Rs. Crore, subject to arm's length terms and approvals.
Older (3+ years ago)
Gujarat Fluorochemicals Limited has approved related party transactions involving inter-corporate deposits, security, and guarantees between its subsidiary I-Fox Windtechnik India Private Limited and other subsidiaries, with an overall limit of Rs. 400 Crore.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has not regularly deposited various statutory dues including service tax, customs duty, excise duty, VAT, cess, etc., during the year, leading to delays in a large number of cases. Additionally, there are pending disputes related to input tax credit mismatches under various state tax acts, with demands and penalties pending before appellate authorities in Andhra Pradesh.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
13.3% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: increasing.