1. India Stocks

  2. •

    Utilities

  3. •

    Alternative power generation
Inox Green Energy Services Ltd.

Inox Green Energy Services Ltd.

111.25
INR
-4.65
(-4.01%)
3.15EPS
63.67P/E
79.82BMarket Cap
Dec 02Next Earn
Inox Green Energy Services Ltd.
BSE:INOXGREEN
(Bombay Stock Exchange)

Recent

price

111.25

P/E

ratio

63.67

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
INR
5.66
5.9
5.4
8.09
5.94
6.12
7.17
7.21
Revenue per Share
0.06
-0.95
-3.19
-2.5
0.86
0.57
2.73
3.12
Basic EPS, GAAP
-9.36
0.85
-0.29
-3.96
-0.26
1.61
1.73
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
22.64
26.78
27.63
37.19
45.81
53.6
42.54
- -
Book Value per Share
22.51
26.78
27.63
36.84
45.47
53.32
42.29
- -
Tangible Book Value per Share
292
292
292
244
324
349
375
388
Basic Weighted Avg Shares
1,653
1,722
1,577
1,976
1,924
2,133
2,693
2,796
Sales/Revenue/Turnover
29.43
19.24
20.31
4.47
12.81
16.95
10.53
2.11
Operating Margin (%)
396
491
502
653
530
532
402
217
Depreciation Expense
17
-277
-932
-610
279
198
1,024
1,211
Net Income, GAAP
39.39
- -
- -
- -
10.8
26.25
33.87
32.46
Effective Tax Rate (%)
1.01
-16.1
-59.08
-30.9
14.51
9.28
38.02
43.32
Profit Margin (%)
-1,895
-1,787
-4,107
-1,042
2,557
7,074
6,787
- -
Working Capital
2,330
3,492
3,194
2,643
51
- -
- -
- -
LT Debt
6,610
7,819
8,066
10,907
13,499
19,741
17,160
- -
Total Equity
- -
- -
- -
- -
1.46
1.66
0.91
- -
Return on Invested Capital (%)
- -
- -
- -
- -
2.83
1.55
5.37
- -
Return on Capital (%)
- -
-3.84
-11.73
-6.45
2.3
1.2
5.57
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
883
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
375
401
401
Market Capitalization
78,801
54,603
79,816

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
10,409
- -
Cash, Cash Equivalents & STI
- -
6,255
- -
Accounts Receivable, Net
- -
1,662
- -
Inventories
- -
1,016
- -
Total Current Liabilities
- -
3,622
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
883
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.06%
-13.07%
Free Cash Flow
- -
11.75%
15.87%
Net Income, GAAP
- -
88.76%
416.95%
Sales/Revenue/Turnover
- -
10.26%
26.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
509
552
611
645
2,133
2026
524
859
818
687
2,693
2027
433
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.13
0.17
0.13
0.15
0.57
2026
0.58
0.74
0.65
0.71
2.73
2027
1.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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KPI Green Energy Limited (NSE:KPIGREEN)
Business
Inox Green Energy Services Limited Inox Green Energy Services Limited (INOXGREEN.NS) provides operation and maintenance (O&M) services for wind farm projects in India, including comprehensive O&M for wind turbine generators (WTGs) and associated common infrastructure facilities that support power evacuation; the company offers long-term contracts typically spanning 5-20 years, value-added services, remote monitoring via SCADA systems, technical support, and asset management solutions; it also extends O&M services to solar projects, serving renewable energy developers and owners across multiple sites nationwide. As a subsidiary of Inox Wind Limited and part of the INOXGFL Group, which operates in specialty chemicals and renewables with roots tracing to the Inox Group's 1923 founding, Inox Green Energy Services Limited maintains headquarters in Vadodara, Gujarat, with a nationwide presence and a portfolio exceeding 5 GW in renewable O&M assets, including over 3.2 GW in wind and 1.6 GW in solar. The company, originally incorporated on May 11, 2012, as Inox Wind Infrastructure Services Limited and renamed Inox Green Energy Services Limited effective October 27, 2021, targets wind and solar farm operators in the renewable energy sector. Recent developments include securing agreements in May 2025 for O&M services on 639 MWp of solar projects, expanding its solar portfolio to 1.6 GW and total renewables O&M to over 5 GW; on November 19, 2025, it announces provision of O&M for 5 GW of wind and solar projects under memorandums of understanding between the INOXGFL Group and KP Group; the company explores acquisitions to scale its portfolio toward 17 GW by the next financial year, amid a promoter group shareholding increase to 55.97% in June 2025, while facing a regulatory revocation of grid access for a 300 MW wind project in Gujarat with no material impact claimed.