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NIFTY 5024,980.40+0.35%
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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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Inox Green Energy Services Limited

Inox Green Energy Services Limited

NSE: INOXGREEN
Utilities - RenewableUtilitiesSMALL CAPMCap ₹4.98k Cr
₹118.69₹-5.14 (-4.15%)

Market Closed • NSE

Market cap₹4.98k Cr
Enterprise value₹4.59k Cr
P/E TTM38.16
P/B2.72
EPS TTM₹3.11
D/E5.15
Dividend yield0.00%
52W high₹279.00
52W low₹108.70
Price chart(1Y)
1Y Return:-37.50% (₹71.21)
H: ₹209.9L: ₹108.7
1W-1.62%
1M-32.04%
3M-39.20%
6M-33.18%
1Y-53.84%
Today at a glance

Day range

₹117.47₹124.18

52 week range

₹108.70₹279.00
Volume1.74M0.20x 20D avg
Free float50.00%-79.50% volume

Inox Green Energy Services Limited closed at INR118.69 (-4.15%) on volume 0.2x its 20-day average, trading 57.46% below its 52-week high.

Technical analysis
RSI (14)26.5Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹9.04High
SMA 20₹148.90BEARISH
SMA 50₹165.20BEARISH
SMA 100₹177.04BEARISH
SMA 200₹173.90BEARISH
CPR bottom₹125.56
Pivot₹124.98
CPR top₹124.41
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +12.6% QoQ

2026-07-31

OTHER Announced

Demerger

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹88.3 Cr₹4.98k Cr1.77%≤ 33%PASS
Non-halal income ratio–₹281.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.03k Cr₹2.11k Cr95.89%≥ 20%PASS
Receivables ratio–₹2.11k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E38.1621.10
Forward P/E——
P/B2.721.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield2.604.70
Growth & profitability
RevenuePAT
FY23PAT margin -30.90%
FY24PAT margin 14.50%
FY25PAT margin 9.00%
FY26PAT margin 36.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+12.50%
Revenue CAGR 5Y—
PAT CAGR 3Y—
PAT CAGR 5Y—
Operating margin-3.14%
Net margin44.54%
Financial health & cash flow
Net debt₹1.4 CrModerate
Interest coverage2.40xEBIT / interest
CFO / PAT0.80x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹66.9 Cr
Capital expenditure–
Free cash flow₹65.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation50/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.05x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Utilities - Renewable.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
01 Aug 2026DemergerDemerger—31 Jul 2026
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.37%-3.13% latest vs average
Highest delivery72.19%on 05 Oct
Average volume (20D)8.52MTrading-session average
Conviction trendWeakening-3.13% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About Inox Green Energy Services Limited
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.

IndiaUtilities

Questions investors ask
Is Inox Green Energy Services Limited Shariah compliant?

Inox Green Energy Services Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.77%) complies with AAOIFI threshold (≤ 33%).

What is Inox Green Energy Services Limited's current valuation relative to peers?

Inox Green Energy Services Limited trades at a P/E of 38.2x compared to the sector median of 21.1x, and a Price-to-Book of 2.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.05x. Interest coverage is 2.4x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.