Inox Green Energy Services Limited

NSE: INOXGREEN · Unclassified

₹120.86+0.32%06 Nov 2026

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Instant answers about Inox Green Energy Services Limited — computed from its filings, no language model

Market cap₹4,852 cr

Current price₹120.86

High / Low₹272 / ₹102

P/E40.1

P/B2.84

Book value₹42.5

ROE7.1%

ROCE10.5%

Debt / equity0.05

Dividend yield—

EPS (TTM)₹3.02

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY25	FY26
Revenue	254.2	224.3	235.6	281.0
EBITDA	57.5	74.9	52.0	23.1
Operating margin	22.6%	33.4%	22.1%	8.2%
Interest	71.0	25.4	18.6	8.8
Depreciation	65.3	53.0	53.2	1.7
Profit before tax	-38.9	33.4	34.7	157.8
Tax	-18.5	3.6	15.4	53.5
Net profit	-19.3	27.9	19.4	102.4
EPS ₹	-0.83	0.96	0.62	2.74
Operating cash flow	-25.6	-7.9	60.4	66.9
Capex	70.3	0.5	4.2	1.8
Dividend paid	0.0	0.0	0.0	0.0
Total assets	2,155.7	2,082.5	2,486.9	2,112.9
Equity	1,127.4	1,345.0	1,967.1	1,707.1

Quarterly performance

last 16 quarters · ₹ crore

showing latest 8 of 16 periods

	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	61.9	71.7	58.8	63.9	47.4	60.0	52.4	50.9	55.2	61.1	68.4	56.2	85.9	81.8	68.7	43.3
Operating profit	15.2	16.2	8.6	28.6	13.0	19.8	11.5	16.9	18.6	15.6	0.9	6.1	8.6	22.7	-2.8	-0.9
Operating margin	24.6%	22.5%	14.6%	44.8%	27.4%	33.1%	22.0%	33.3%	33.6%	25.5%	1.3%	10.9%	10.0%	27.8%	-4.1%	-2.2%
Other income	4.0	20.1	14.5	1.8	10.8	0.6	31.7	3.9	9.2	12.8	28.7	41.6	43.6	29.9	50.8	57.9
Interest	19.7	20.8	12.5	9.9	6.6	4.8	9.3	5.8	4.7	4.0	4.2	3.6	1.2	2.2	1.8	2.1
Depreciation	16.0	16.1	16.6	16.1	13.3	13.3	13.2	13.2	13.4	13.5	13.1	11.1	10.1	10.7	0.5	0.4
Profit before tax	-16.5	-0.7	-6.1	4.3	3.9	2.3	20.8	1.8	9.7	11.0	12.2	33.0	40.9	39.8	45.8	54.5
Tax	-4.7	-5.4	-4.5	1.4	0.5	1.5	-0.8	0.8	3.6	5.2	5.8	10.6	12.8	15.2	17.1	13.7
Net profit	-11.9	4.7	-0.6	2.6	5.8	-1.5	21.3	3.8	6.4	4.1	5.6	22.0	27.9	24.7	27.8	40.7
EPS ₹	-0.50	0.19	-0.07	0.10	0.19	-0.04	0.47	0.08	0.17	0.13	0.17	0.58	0.74	0.65	0.71	1.01
Revenue YoY	—	—	—	—	-23.4%	-16.4%	-10.9%	-20.4%	16.4%	2.0%	30.4%	10.5%	55.6%	33.8%	0.4%	-23.0%
Profit YoY	—	—	—	—	—	-131.9%	—	43.1%	10.7%	—	-73.9%	487.5%	336.6%	500.7%	399.8%	84.9%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 13 periods

	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	-0.5%	1.0%	0.5%	2.1%	2.2%	1.6%	1.9%	1.0%	1.9%	3.0%	4.0%	6.0%	7.1%
ROCE	2.6%	3.4%	2.5%	4.1%	3.6%	2.8%	3.2%	2.5%	3.8%	5.2%	6.5%	9.4%	10.5%
Net margin	-2.0%	5.2%	2.7%	12.6%	13.9%	13.7%	16.2%	8.4%	15.8%	21.9%	27.4%	35.0%	43.3%
EBITDA margin	26.7%	27.4%	30.4%	32.6%	29.1%	30.6%	28.5%	22.1%	17.1%	11.5%	13.1%	11.8%	9.9%
Debt / equity	0.53	0.16	0.16	0.13	0.13	0.09	0.09	0.09	0.09	0.05	0.05	0.05	0.05
Interest coverage	0.70	1.03	1.13	2.02	2.08	2.40	2.82	2.86	4.99	8.45	12.17	19.16	26.10
Asset turnover	0.12	0.12	0.11	0.11	0.10	0.08	0.08	0.09	0.10	0.11	0.12	0.14	0.13

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	235.0	291.9	293.6	293.6	364.3	367.0	519.5	401.5
Other equity / reserves	548.2	835.4	1,023.2	1,051.4	1,554.8	1,600.1	1,500.3	1,305.6
Total equity	783.2	1,127.4	1,316.9	1,345.0	1,919.0	1,967.1	2,019.8	1,707.1
Borrowings	913.8	595.0	210.9	173.8	167.4	180.9	95.2	88.3
Current liabilities	781.0	515.2	241.4	254.6	314.3	298.0	216.2	363.1
Non-current liabilities	586.6	508.0	319.1	308.4	227.5	214.8	222.1	34.6
Total assets	2,150.8	2,155.7	2,065.6	2,082.5	2,641.3	2,486.9	2,465.6	2,112.9
Property, plant & equipment	978.0	1,085.0	770.9	745.0	719.0	694.2	674.8	5.0
Capital work-in-progress	134.7	7.4	7.0	7.0	7.0	7.0	7.0	5.9
Investments	0.0	0.0	0.0	0.0	434.0	445.6	485.9	550.4
Inventories	19.8	31.0	64.2	70.6	87.6	97.2	93.8	101.6
Receivables	74.2	92.7	115.9	130.9	139.3	180.1	234.0	166.2
Cash & equivalents	20.2	3.8	2.7	10.9	11.4	6.3	18.1	86.9

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY25	FY26
Cash from operations	-25.6	-7.9	60.4	66.9
Cash from investing	-5.2	-63.1	-538.7	-293.1
Cash from financing	-10.1	78.8	473.8	306.8
Capex	70.3	0.5	4.2	1.8
Free cash flow	-95.9	-8.4	56.2	65.1
Dividends paid	0.0	0.0	0.0	0.0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹5.0 cr0%

CWIP

₹5.9 cr0%

Investments

₹550.4 cr26%

Inventories

₹101.6 cr5%

Receivables

₹166.2 cr8%

Cash & equivalents

₹86.9 cr4%

Other assets

₹1,197.0 cr57%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Inox Green Energy Services Limited	4,852	120.86	40.1	2.84	7.1%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-11.0%

6 months-37.3%

1 year-54.0%

3Y CAGR+21.5%

5Y CAGR—

10Y CAGR—

50-day avg₹146.45

200-day avg₹168.29

RSI (14)52

FAQs

What is the share price of Inox Green Energy Services Limited?

Inox Green Energy Services Limited (INOXGREEN) closed at ₹120.86 on NSE on 06 Nov 2026.

What is the market cap of Inox Green Energy Services Limited?

₹4,852 crore at the latest close.

What is the P/E ratio of Inox Green Energy Services Limited?

40.1, on trailing-twelve-month earnings from its filings.

How fast is Inox Green Energy Services Limited growing?

Inox Green Energy Services Limited: revenue has compounded at 3.4% a year over three years. Latest-quarter revenue is down 23.0% year on year, profit up 84.9%.

How profitable is Inox Green Energy Services Limited?

On a trailing-twelve-month basis return on equity is 7.1%, return on capital employed 10.5%, operating margin 9.9%, net margin 43.3%.

How much debt does Inox Green Energy Services Limited have?

Inox Green Energy Services Limited is lightly geared: debt to equity is 0.05 with borrowings of ₹88 cr against cash of ₹87 cr (balance sheet of 2026-03-31). Operating profit covers interest 26.1 times.

Financials parsed from Inox Green Energy Services Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '22, annual from FY23, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.