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Inox Green Energy Services Ltd

INOXGREEN Share Price

126.132.22% (+2.74)

INOXGREEN Share Price Chart

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IndustrialsHeavy Electrical Equipments
SmallcapWith a market cap of ₹4,528 cr, stock is ranked 755
High RiskStock is 4.00x as volatile as Nifty

INOXGREEN Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsHeavy Electrical Equipments
SmallcapWith a market cap of ₹4,528 cr, stock is ranked 755
High RiskStock is 4.00x as volatile as Nifty

INOXGREEN Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
127.323.35
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.786.080.65%

INOXGREEN Analyst Ratings & Forecast

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

INOXGREEN Company Profile

Inox Green Energy Services is engaged in the business of providing long-term O&M services for wind farm projects.

Investor Presentation

View older 

Jan 31, 2025

PDF
View Older Presentations

INOXGREEN Similar Stocks (Peers)

Compare with peers 
PE Ratio
62.00
1Y Return
4.50%
Buy Reco %
65.00
PE Ratio
71.06
1Y Return
32.07%
Buy Reco %
80.00
PE Ratio
253.78
1Y Return
8.48%
Buy Reco %
46.67
PE Ratio
321.14
1Y Return
78.43%
Buy Reco %
85.71
PE Ratio
213.02
1Y Return
79.81%
Buy Reco %
83.33
Compare with Peers
INOXGREEN Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

INOXGREEN Stock Summary · February 2025

In Q3 FY '25, the company demonstrated robust financial health with a revenue increase to INR 74 crores, driven by operational efficiencies and strategic growth initiatives. The management's focus on inorganic growth through acquisitions, particularly of distressed assets, positions the company favorably in a competitive landscape, while the ongoing demerger is expected to enhance profitability by streamlining operations. Despite challenges in solar project integration and revenue discrepancies from varying contract types, the company remains optimistic about expanding its capacity to 10 gigawatts within the next few years. The implementation of advanced technologies and disciplined financial management further supports its commitment to maintaining strong EBITDA margins and enhancing shareholder value.

Key Points on INOXGREEN Stock Performance
INOXGREEN Stock Growth Drivers
6
  • Strong Financial Performance

    Inox Green Energy Services Limited reported a consolidated revenue of INR 74 crores for Q3

  • Technological Advancements

    The company has successfully implemented drone technology for inspecting substations and cleaning turbine blades, enhancing

INOXGREEN Stock Challenges
4
  • Margin Decline and Revenue Discrepancies

    The company has experienced a decline in margins to around 46%, raising concerns despite an

  • Accumulated Tax Losses and Depreciation Concerns

    The company carries accumulated tax losses of approximately INR 700 crores. There are concerns regarding

INOXGREEN Forecasts

Price

Revenue

Earnings

INOXGREEN

Income

Balance Sheet

Cash Flow

INOXGREEN Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.44%, vs industry avg of 1.66%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.26% to 0.36%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue369.73166.40172.41186.29190.24290.10261.19280.43
Raw Materialssubtract0.000.000.000.0022.2052.561.20158.58
Power & Fuel Costsubtract0.000.000.000.000.000.000.00
Employee Costsubtract35.6221.6818.2318.8021.6626.2433.96
Selling & Administrative Expensessubtract52.730.620.8015.650.694.579.37
Operating & Other expensessubtract279.87129.86111.96200.34133.67125.71107.00
Depreciation/Amortizationsubtract16.6327.1539.6149.0850.1657.5652.9553.28
Interest & Other Itemssubtract65.1530.1052.9960.5554.8057.2325.4423.73
Taxes & Other Itemssubtract-23.629.371.40-4.610.2427.283.369.27
EPS-11,330.00-18.24-6.06-12.54-5.12-2.320.951.21
DPS0.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.00

INOXGREEN Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

May 26PDF
May 26PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 29PDF
Jul 4PDF
FY 2025

Annual Report Pending

Investor Presentation

Jan 31PDF
Dec 2PDF
Oct 25PDF
 

INOXGREEN Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsHeavy Electrical Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Inox Green Energy Services Ltd162.263.35
ABB India Ltd62.0019.520.81%
CG Power and Industrial Solutions Ltd71.0633.590.20%
Bharat Heavy Electricals Ltd253.782.930.12%

INOXGREEN Stock Price Comparison

Compare INOXGREEN with any stock or ETF
Compare INOXGREEN with any stock or ETF
INOXGREEN
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INOXGREEN Shareholdings

INOXGREEN Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

INOXGREEN Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

INOXGREEN Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.93%3.71%0.00%8.78%31.57%

Jun 2024

Aug 2024

Sep 2024

Dec 2024

INOXGREEN Shareholding History

Dec '23MarJunAugSepDec '249.20%8.33%9.16%8.81%9.12%8.78%

Mutual Funds Invested in INOXGREEN

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Inox Green Energy Services Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.0381%2.74%-0.26%19/41 (-10)
0.7139%0.91%0.08%101/111 (-21)
0.6279%2.10%-0.19%15/53 (-3)

Compare 3-month MF holding change on Screener

INOXGREEN Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing INOXGREEN stock

Looks like this stock is not in any smallcase yet.

INOXGREEN Events

INOXGREEN Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

INOXGREEN has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

INOXGREEN Dividends

Hmm, looks like data is unavailable here. Please come back after some time

INOXGREEN Stock News & Opinions

Earnings
Inox Green Energy Services reports consolidated net profit of Rs 4.11 crore in the December 2024 quarter

Net profit of Inox Green Energy Services reported to Rs 4.11 crore in the quarter ended December 2024 as against net loss of Rs 1.50 crore during the previous quarter ended December 2023. Sales rose 1.95% to Rs 61.13 crore in the quarter ended December 2024 as against Rs 59.96 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales61.1359.96 2 OPM %25.5233.06 - PBDT24.5015.55 58 PBT11.032.27 386 NP4.11-1.50 LP Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Inox Green Energy Services to table results

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Inox Green Energy gains on foray into solar

Aiming to be one of the fastest growing solar platforms in the country, Inox Solar is targeting an initial capacity of 5 GW of solar modules and 2.5 GW of solar cell manufacturing capacity by 2026, at an outlined capex of Rs 1,500 crore. The company will also provide turnkey EPC solutions, including land acquisition & power evacuation, through its group company Inox Renewable Solutions (earlier known as Resco Global Wind Services). Additionally, it will offer post commissioning O&M services through another group company Inox Green Energy Services. Inox Solar's first solar module manufacturing unit with initial capacity of 1.2 GW in Gujarat is expected to be operational by March 2025. The facility will manufacture TopCon modules. Devansh Jain, executive director of INOXGFL Group, said With Inox Solar, we proudly mark a new chapter in INOXGFL Group's journey, advancing India's renewable energy aspirations. This foray into solar energy complements our existing strengths, making us a fully integrated player in the energy transition ecosystem. Our vision is to deliver comprehensive renewable solutions, supported by world-class manufacturing capabilities and turnkey services. By targeting 5 GW of solar module and 2.5 GW solar cell capacity by 2026, we aim to drive energy independence and empower our stakeholders. Together, we are not just contributing to greening India but also redefining the benchmarks of excellence in the renewable sector. INOXGFL Group is a forerunner in diversified business segments comprising fluoropolymer, fluorochemicals, battery chemicals, wind turbines and renewables. It is strongly positioned as one of the most deeply integrated Groups in the green ecosystem. Comprising four listed entities - Gujarat Fluorochemicals (GFL), Inox Wind, Inox Green Energy Services, and Inox Wind Energy , the Group commands a market capitalization of ~ US$ 12 bn. On a consolidated basis, net profit of Inox Green Energy Services rose 10.75% to Rs 6.39 crore while net sales rose 16.44% to Rs 55.18 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Inox Green Energy Services Ltd leads gainers in 'A' group

Inox Wind Ltd, AGI Greenpac Ltd, Morepen Laboratories Ltd and Ami Organics Ltd are among the other gainers in the BSE's 'A' group today, 02 December 2024.Inox Green Energy Services Ltd spiked 12.28% to Rs 166.45 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.03 lakh shares were traded on the counter so far as against the average daily volumes of 1.4 lakh shares in the past one month. Inox Wind Ltd surged 8.97% to Rs 208.3. The stock was the second biggest gainer in 'A' group. On the BSE, 12.66 lakh shares were traded on the counter so far as against the average daily volumes of 4.1 lakh shares in the past one month. AGI Greenpac Ltd soared 6.54% to Rs 1022.75. The stock was the third biggest gainer in 'A' group. On the BSE, 26825 shares were traded on the counter so far as against the average daily volumes of 11167 shares in the past one month. Morepen Laboratories Ltd advanced 6.22% to Rs 83.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 7.49 lakh shares were traded on the counter so far as against the average daily volumes of 7.02 lakh shares in the past one month. Ami Organics Ltd spurt 6.07% to Rs 2274.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 22808 shares were traded on the counter so far as against the average daily volumes of 14314 shares in the past one month. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Inox Green Energy Services divests its stake held in WoS - Nani Virani Wind Energy

Inox Green Energy Services has completed the divestment/sale of entire equity shares of Rs. 10 each held by the Company (along with shares held by its nominee) in its wholly owned subsidiary namely Nani Virani Wind Energy (NVWEPL) to IGREL Renewables, a related party controlled and owned by significant beneficial owners of the Company, at a face value of Rs. 10 each. Consequent upon the said disinvestment/sale, NVWEPL ceases to be a subsidiary of the Company w.e.f. 29th November, 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Inox Green Energy Services consolidated net profit rises 10.75% in the September 2024 quarter

Net profit of Inox Green Energy Services rose 10.75% to Rs 6.39 crore in the quarter ended September 2024 as against Rs 5.77 crore during the previous quarter ended September 2023. Sales rose 16.44% to Rs 55.18 crore in the quarter ended September 2024 as against Rs 47.39 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales55.1847.39 16 OPM %33.6227.37 - PBDT23.0717.22 34 PBT9.673.89 149 NP6.395.77 11 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Inox Green Energy Services to table results

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
IGREL Renewables raises Rs 300 cr via equity capital

INOXGFL Group announced today that its privately held renewable power generation platform, IGREL Renewables, has raised Rs 300 crore equity capital, eventually resulting into a single digit dilution. The capital raise witnessed participation by marquee investors, including Akash Bhansali, Rohit Kothari, and Madhusudan Kela, through their respective entities. IGREL Renewables, backed by the INOXGFL Group which has an unparalleled experience of building large businesses, aims to become one of India's premier renewable power generation platforms. The company targets to reach an installed capacity of 2 GW by FY27 (combination of wind and solar) at a cumulative capex of ~ Rs 12,000 crores. IGREL has already placed firm orders for 200 MW and has signed additional 550 MW LoI with Inox Wind today for wind capacities to be executed on turnkey basis. Further, for its solar capacity development, IGREL has given multiple LoIs to leading solar EPC companies with plans to place additional orders in the near future. The company has already tied up PPAs/received LoIs from Group companies and other large C600 MW capacity. The company is in advance discussion with several C&I customers for additional PPAs and has earmarked certain capacities to be sold on the power exchanges. The IPP platform aims to add substantial value to the all the Group companies. While the Group companies will secure their long-term power requirement from renewable sources, helping offset their carbon emissions, its renewable companies including Inox Wind, Resco Global and Inox Green gain on account of large scale business opportunities. Inox Wind's turnkey project execution capabilities on plug-and-play basis is a significant advantage for IGREL, as it has multiple ready sites, developed evacuation infrastructure, and approvals in place/under-process for project installation, which helps expedite project commissioning. Further, its existing power evacuation infrastructure (currently being utilized for wind projects) is available for hybridization, accelerating commissioning of IGREL's solar projects. Additionally, Inox Green will provide multi-year O&M services for the entire capacity of IGREL, leading to a significant growth of its portfolio.Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Inox Green Energy Services AGM scheduled

Inox Green Energy Services announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

6 months agoCapital Market - Live
Earnings
Inox Green Energy Services consolidated net profit rises 60.94% in the June 2024 quarter

Net profit of Inox Green Energy Services rose 60.94% to Rs 3.75 crore in the quarter ended June 2024 as against Rs 2.33 crore during the previous quarter ended June 2023. Sales declined 10.09% to Rs 50.86 crore in the quarter ended June 2024 as against Rs 56.57 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales50.8656.57 -10 OPM %33.2739.97 - PBDT15.0319.66 -24 PBT1.786.48 -73 NP3.752.33 61 Powered by Capital Market - Live

7 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Inox Green Energy Services Ltd (INOXGREEN) today?

    The share price of INOXGREEN as on 20th March 2025 is ₹126.13. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Inox Green Energy Services Ltd (INOXGREEN) share?

    The past returns of Inox Green Energy Services Ltd (INOXGREEN) share are
    • Past 1 week: 2.33%
    • Past 1 month: -5.67%
    • Past 3 months: -24.94%
    • Past 6 months: -40.72%
    • Past 1 year: 9.73%
    • Past 3 years: N/A%
    • Past 5 years: 113.42%

  3. What are the peers or stocks similar to Inox Green Energy Services Ltd (INOXGREEN)?
  4. What is the market cap of Inox Green Energy Services Ltd (INOXGREEN) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Inox Green Energy Services Ltd (INOXGREEN) is ₹4528.62 Cr as of 20th March 2025.

  5. What is the 52 week high and low of Inox Green Energy Services Ltd (INOXGREEN) share?

    The 52-week high of Inox Green Energy Services Ltd (INOXGREEN) is ₹224.65 and the 52-week low is ₹109.10.

  6. What is the PE and PB ratio of Inox Green Energy Services Ltd (INOXGREEN) stock?

    The P/E (price-to-earnings) ratio of Inox Green Energy Services Ltd (INOXGREEN) is 162.26. The P/B (price-to-book) ratio is 3.35.

  7. Which sector does Inox Green Energy Services Ltd (INOXGREEN) belong to?

    Inox Green Energy Services Ltd (INOXGREEN) belongs to the Industrials sector & Heavy Electrical Equipments sub-sector.

  8. How to buy Inox Green Energy Services Ltd (INOXGREEN) shares?

    You can directly buy Inox Green Energy Services Ltd (INOXGREEN) shares on Tickertape. Simply sign up, connect your demat account and place your order.