Inox Green Energy Services Ltd
INOXGREENInox Green Energy Services Ltd
INOXGREEN
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 270.85 | 5.89 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.94 | 7.22 | 0.45% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Inox Green Energy Services is engaged in the business of providing long-term O&M services for wind farm projects.
Peers
Compare with peersABB India Ltd
CG Power and Industrial Solutions Ltd
Bharat Heavy Electricals Ltd
Hitachi Energy India Ltd
Ge T&D India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 369.73 | 166.40 | 172.41 | 186.29 | 190.24 | 290.10 | 261.19 | 263.17 | ||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 22.20 | 52.56 | 1.20 | 152.44 | ||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||
| Employee Cost | 35.62 | 21.68 | 18.23 | 18.80 | 21.66 | 26.24 | 33.96 | |||||||||
| Selling & Administrative Expenses | 52.73 | 0.62 | 0.80 | 15.65 | 0.69 | 4.57 | 9.37 | |||||||||
| Operating & Other expenses | 279.87 | 129.86 | 111.96 | 200.34 | 133.67 | 125.71 | 107.00 | |||||||||
EBITDA | 1.51 | 14.24 | 41.42 | -48.50 | 12.02 | 81.02 | 109.66 | 110.73 | ||||||||
| Depreciation/Amortization | 16.63 | 27.15 | 39.61 | 49.08 | 50.16 | 57.56 | 52.95 | 53.02 | ||||||||
| PBIT | -15.12 | -12.91 | 1.81 | -97.58 | -38.14 | 23.46 | 56.71 | 57.71 | ||||||||
| Interest & Other Items | 65.15 | 30.10 | 52.99 | 60.55 | 54.80 | 57.23 | 25.44 | 26.49 | ||||||||
| PBT | -80.27 | -43.01 | -51.18 | -158.13 | -92.94 | -33.77 | 31.27 | 31.22 | ||||||||
| Taxes & Other Items | -23.62 | 9.37 | 1.40 | -4.61 | 0.24 | 27.28 | 3.36 | 1.88 | ||||||||
| Net Income | -56.65 | -52.38 | -52.58 | -153.52 | -93.18 | -61.05 | 27.91 | 29.34 | ||||||||
| EPS | -11,330.00 | -18.24 | -6.06 | -12.54 | -5.12 | -2.32 | 0.95 | 1.00 | ||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | ||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
IndustrialsHeavy Electrical Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Inox Green Energy Services Ltd | 284.72 | 5.89 | — |
| ABB India Ltd | 132.83 | 27.75 | 0.31% |
| CG Power and Industrial Solutions Ltd | 79.61 | 37.63 | 0.17% |
| Bharat Heavy Electricals Ltd | 327.33 | 3.78 | 0.09% |
Price Comparison
Compare INOXGREEN with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 2.22%
Top 5 Mutual Funds holding Inox Green Energy Services Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Bandhan Focused Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9621% | Percentage of the fund’s portfolio invested in the stock 4.15% | Change in the portfolio weight of the stock over the last 3 months 4.15% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/32 (+23) |
ICICI Prudential ESG Exclusionary Strategy Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6389% | Percentage of the fund’s portfolio invested in the stock 2.99% | Change in the portfolio weight of the stock over the last 3 months -0.50% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/48 (-3) |
Mahindra Manulife Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6057% | Percentage of the fund’s portfolio invested in the stock 0.90% | Change in the portfolio weight of the stock over the last 3 months 0.90% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/87 (+22) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
INOXGREEN has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeINOXGFL 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
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
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
Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live
Inox Green Energy Services arm bags O&M order from NLC India
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.44%, vs industry avg of 0.15%
Increasing Market Share
Over the last 5 years, market share increased from 0.26% to 0.43%