Inox Green Energy Services, 543667, INOXGREEN Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

7,505.49
197.20
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

7,638.25
N/A
4.09

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-10.61
6.46
-2.00

EBITDA CAGR (%)

10 Years
5 Years
3 Years

6.34
-8.78
-1.77

PAT CAGR (%)

10 Years
5 Years
3 Years

P:E (Median)

8 Years
5 Years
3 Years

-
-
158.29

P:BV (Average)

8 Years
5 Years
3 Years

-
-
2.76

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
40.04

Earnings Forecasts:

(Updated: 04-10-2025)

Description 2024 2025 2026 2027
Adj EPS 0.6
P/E Ratio 340.40
Revenue 228.67
EBITDA 51.95
Net Income 19.8
ROA 0.87
P/B Ratio 3.81
ROE 1.27
FCFF 41.5
FCFF Yield 0.58
Net Debt -48.05
BVPS 53.6

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 47.85 44.72 7.00% 56.60 46.10 22.78% 51.34 54.55 -5.88% 52.08 43.73 19.09%
Expenses 43.22 27.72 55.92% 58.25 31.53 84.74% 38.13 34.30 11.17% 31.75 28.17 12.71%
EBITDA 4.63 17.00 -72.76% -1.65 14.57 - 13.21 20.25 -34.77% 20.33 15.56 30.66%
EBIDTM 9.68% 38.01% -2.92% 31.61% 25.73% 37.12% 39.04% 35.58%
Other Income 22.08 4.39 402.96% 37.37 32.60 14.63% 20.51 2.01 920.40% 13.25 10.11 31.06%
Interest 3.45 5.48 -37.04% 4.11 8.78 -53.19% 3.22 4.73 -31.92% 4.55 5.56 -18.17%
Depreciation 10.82 13.15 -17.72% 12.84 13.05 -1.61% 13.28 13.21 0.53% 13.28 13.26 0.15%
PBT 12.44 2.76 350.72% 18.77 -0.57 - 17.22 4.32 298.61% 15.75 6.85 129.93%
Tax 3.56 0.80 345.00% 5.54 0.19 2,815.79% 5.06 1.40 261.43% 4.59 1.17 292.31%
PAT 8.88 1.96 353.06% 13.23 -0.76 - 12.16 2.92 316.44% 11.16 5.68 96.48%
PATM 18.56% 4.38% 23.37% -1.65% 23.69% 5.35% 21.43% 12.99%
EPS 0.24 0.05 380.00% 0.36 -0.02 - 0.33 0.08 312.50% 0.30 0.15 100.00%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 56.20 50.86 10.50% 68.38 52.43 30.42% 61.13 59.96 1.95% 55.18 47.39 16.44%
Expenses 50.08 33.94 47.55% 67.51 40.89 65.10% 45.53 40.14 13.43% 36.63 34.42 6.42%
EBITDA 6.12 16.92 -63.83% 0.87 11.54 -92.46% 15.60 19.82 -21.29% 18.55 12.97 43.02%
EBIDTM 10.89% 33.27% 1.27% 22.01% 25.52% 33.06% 33.62% 27.37%
Other Income 41.58 3.86 977.20% 28.69 31.69 -9.47% 12.85 0.58 2,115.52% 9.23 10.82 -14.70%
Interest 3.63 5.75 -36.87% 4.24 9.32 -54.51% 3.95 4.85 -18.56% 4.71 6.57 -28.31%
Depreciation 11.08 13.25 -16.38% 13.09 13.16 -0.53% 13.47 13.28 1.43% 13.40 13.33 0.53%
PBT 32.99 1.78 1,753.37% 12.23 20.75 -41.06% 11.03 2.27 385.90% 9.67 3.89 148.59%
Tax 10.60 0.84 1,161.90% 5.79 -0.80 - 5.22 1.51 245.70% 3.59 0.52 590.38%
PAT 22.39 0.94 2,281.91% 6.44 21.55 -70.12% 5.81 0.76 664.47% 6.08 3.37 80.42%
PATM 39.84% 1.85% 9.42% 41.10% 9.50% 1.27% 11.02% 7.11%
EPS 0.60 0.13 361.54% 0.15 0.73 -79.45% 0.11 -0.05 - 0.17 0.20 -15.00%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 207.87 204.74 202.00 247.88 174.00 176.82 696.94 628.21 221.71 177.14 89.04 Net Sales Growth 9.93% 1.36% -18.51% 42.46% -1.59% -74.63% 10.94% 183.35% 25.16% 98.94% Cost Of Goods Sold 8.65 6.45 1.20 52.56 14.44 0.00 174.98 252.89 16.98 -104.57 77.98 Gross Profit 199.22 198.29 200.80 195.31 159.56 176.82 521.96 375.32 204.73 281.71 11.06 GP Margin 95.84% 96.85% 99.41% 78.79% 91.70% 100% 74.89% 59.74% 92.34% 159.03% 12.42% Total Expenditure 171.35 155.85 122.09 216.48 89.80 89.79 560.91 601.77 246.06 185.64 83.95 Power & Fuel Cost - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% Employee Cost - 37.94 24.64 25.00 21.66 18.79 38.16 27.89 15.62 9.12 3.83 % Of Sales - 18.53% 12.20% 10.09% 12.45% 10.63% 5.48% 4.44% 7.05% 5.15% 4.30% Manufacturing Exp. - 58.67 50.53 67.03 24.05 29.76 264.22 251.14 168.75 248.77 0.01 % Of Sales - 28.66% 25.01% 27.04% 13.82% 16.83% 37.91% 39.98% 76.11% 140.44% 0.01% General & Admin Exp. - 27.48 27.55 34.04 23.87 38.64 53.08 49.38 29.14 28.17 2.09 % Of Sales - 13.42% 13.64% 13.73% 13.72% 21.85% 7.62% 7.86% 13.14% 15.90% 2.35% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 5.21 3.76 7.15 0.14 0.01 % Of Sales - 0% 0% 0% 0% 0% 0.75% 0.60% 3.22% 0.08% 0.01% Miscellaneous Exp. - 25.31 18.17 37.84 5.77 2.61 25.25 16.72 8.42 4.01 0.01 % Of Sales - 12.36% 9.00% 15.27% 3.32% 1.48% 3.62% 2.66% 3.80% 2.26% 0.04% EBITDA 36.52 48.89 79.91 31.40 84.20 87.03 136.03 26.44 -24.35 -8.50 5.09 EBITDA Margin 17.57% 23.88% 39.56% 12.67% 48.39% 49.22% 19.52% 4.21% -10.98% -4.80% 5.72% Other Income 93.21 75.52 39.27 42.93 10.17 14.86 6.95 9.63 0.88 0.39 0.00 Interest 15.33 17.36 24.84 54.95 52.15 60.53 38.32 44.63 26.65 10.29 1.04 Depreciation 50.22 52.55 52.64 57.53 48.84 49.08 9.27 4.79 1.65 0.30 0.01 PBT 64.18 54.50 41.69 -38.15 -6.61 -7.72 95.40 -13.34 -51.76 -18.69 4.05 Tax 18.75 15.99 4.28 28.71 -2.21 -2.72 33.50 -1.54 -16.33 -6.06 1.31 Tax Rate 29.21% 29.34% 27.12% -75.26% 33.43% 35.23% 44.89% 8.48% 31.55% 32.42% 32.35% PAT 45.43 38.50 11.50 -66.86 -4.40 -5.00 41.13 -16.61 -35.44 -12.64 2.73 PAT before Minority Interest 45.43 38.50 11.50 -66.86 -4.40 -5.00 41.13 -16.61 -35.44 -12.64 2.73 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 21.86% 18.80% 5.69% -26.97% -2.53% -2.83% 5.90% -2.64% -15.98% -7.14% 3.07% PAT Growth 363.57% 234.78% - - - - - - - - EPS 1.24 1.05 0.31 -1.82 -0.12 -0.14 1.12 -0.45 -0.97 -0.34 0.07

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Net Sales 240.89 235.55 224.25 250.30 172.17 172.25 Net Sales Growth 14.36% 5.04% -10.41% 45.38% -0.05% Cost Of Goods Sold 0.00 0.00 1.20 52.56 14.44 2.87 Gross Profit 240.89 235.55 223.06 197.73 157.73 169.38 GP Margin 100.00% 100% 99.47% 79.00% 91.61% 98.33% Total Expenditure 199.75 183.60 149.40 193.50 89.97 90.01 Power & Fuel Cost - 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% Employee Cost - 47.71 33.96 26.24 21.66 18.80 % Of Sales - 20.25% 15.14% 10.48% 12.58% 10.91% Manufacturing Exp. - 76.28 62.54 66.35 24.05 26.89 % Of Sales - 32.38% 27.89% 26.51% 13.97% 15.61% General & Admin Exp. - 31.20 30.78 34.84 24.05 25.20 % Of Sales - 13.25% 13.73% 13.92% 13.97% 14.63% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 13.65 % Of Sales - 0% 0% 0% 0% 7.92% Miscellaneous Exp. - 28.40 20.91 17.02 5.77 2.61 % Of Sales - 12.06% 9.32% 6.80% 3.35% 1.52% EBITDA 41.14 51.95 74.85 56.80 82.20 82.24 EBITDA Margin 17.08% 22.05% 33.38% 22.69% 47.74% 47.74% Other Income 92.35 54.63 36.93 39.80 18.07 14.04 Interest 16.53 18.64 25.44 57.23 54.80 60.55 Depreciation 51.04 53.21 52.95 57.56 50.16 49.08 PBT 65.92 34.72 33.39 -18.19 -4.71 -13.35 Tax 25.20 15.44 3.60 28.31 0.24 -4.61 Tax Rate 38.23% 44.47% 10.78% -155.63% -5.10% 34.53% PAT 40.72 17.24 30.04 -45.46 -4.95 -8.74 PAT before Minority Interest 38.70 19.29 29.79 -46.50 -4.95 -8.74 Minority Interest -2.02 -2.05 0.25 1.04 0.00 0.00 PAT Margin 16.90% 7.32% 13.40% -18.16% -2.88% -5.07% PAT Growth 52.97% -42.61% - - - EPS 1.11 0.47 0.82 -1.24 -0.13 -0.24

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 14 Mar 13
Shareholder's Funds 2,039.39 1,400.32 1,180.36 907.16 107.38 -9.85 2.78 Share Capital 367.02 493.61 291.94 235.02 128.62 0.05 0.05 Total Reserves 1,519.87 906.72 888.42 672.15 -54.14 -9.90 2.73 Non-Current Liabilities 138.00 141.41 254.59 279.51 216.82 -5.81 0.13 Secured Loans 0.00 -80.56 30.10 164.26 48.14 0.00 0.00 Unsecured Loans 0.00 85.56 77.45 0.00 201.04 0.00 0.00 Long Term Provisions 2.87 1.55 1.96 2.19 2.01 0.25 0.13 Current Liabilities 226.02 266.74 399.68 675.04 2,096.42 368.04 78.73 Trade Payables 46.23 51.65 61.86 59.17 476.07 115.81 36.95 Other Current Liabilities 59.97 185.19 89.37 217.15 872.67 28.57 3.39 Short Term Borrowings 119.68 29.83 248.37 398.63 747.20 223.52 38.35 Short Term Provisions 0.13 0.07 0.09 0.09 0.47 0.14 0.05 Total Liabilities 2,403.41 1,808.47 1,834.63 1,861.71 2,420.62 352.38 81.64 Net Block 690.50 743.02 795.64 841.15 762.04 6.89 4.11 Gross Block 1,048.55 1,048.52 1,048.49 1,036.48 908.53 7.19 4.11 Accumulated Depreciation 358.05 305.50 252.86 195.33 146.49 0.30 0.01 Non Current Assets 1,135.02 1,234.68 1,426.48 1,550.95 1,473.32 31.87 5.51 Capital Work in Progress 6.83 1.20 1.52 11.75 47.85 17.75 0.80 Non Current Investment 16.67 16.70 130.17 163.56 163.19 1.91 0.00 Long Term Loans & Adv. 421.01 473.76 499.14 528.06 490.94 3.45 0.60 Other Non Current Assets 0.00 0.00 0.01 6.43 9.30 1.88 0.00 Current Assets 1,268.39 485.01 408.15 310.75 947.30 320.50 76.13 Current Investments 180.81 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 87.12 63.00 23.60 21.38 327.20 140.49 8.10 Sundry Debtors 169.14 124.45 86.47 68.20 229.61 147.64 51.67 Cash & Bank 45.80 14.54 45.14 68.92 27.19 0.75 0.66 Other Current Assets 785.52 0.38 65.60 20.97 363.30 31.62 15.70 Short Term Loans & Adv. 782.64 282.63 187.34 131.29 354.24 27.36 10.35 Net Current Assets 1,042.37 218.27 8.46 -364.28 -1,149.12 -47.54 -2.60 Total Assets 2,403.41 1,719.69 1,834.63 1,861.70 2,420.62 352.37 81.64

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Shareholder's Funds 1,967.14 1,345.03 1,085.64 806.62 10.06 Share Capital 367.02 493.61 291.94 235.02 128.62 Total Reserves 1,447.62 851.42 793.70 571.61 -118.56 Non-Current Liabilities 134.83 140.15 406.89 435.59 348.38 Secured Loans 0.05 -80.48 186.82 319.45 181.04 Unsecured Loans 0.00 85.56 77.45 0.00 201.04 Long Term Provisions 3.12 1.78 1.96 2.19 2.01 Current Liabilities 297.98 329.08 514.38 753.81 2,235.42 Trade Payables 55.31 56.04 109.12 80.26 519.25 Other Current Liabilities 65.61 188.13 107.48 228.65 881.21 Short Term Borrowings 175.85 84.82 297.70 444.80 834.49 Short Term Provisions 1.22 0.09 0.09 0.09 0.47 Total Liabilities 2,406.89 1,819.15 2,012.00 1,996.02 2,593.86 Net Block 704.38 755.20 1,095.23 952.98 764.52 Gross Block 1,063.90 1,061.51 1,357.66 1,149.63 911.17 Accumulated Depreciation 359.52 306.31 262.43 196.65 146.65 Non Current Assets 1,401.51 1,234.36 1,601.85 1,652.91 1,558.50 Capital Work in Progress 7.05 7.05 7.38 132.83 251.00 Non Current Investment 264.75 0.00 0.00 32.51 32.51 Long Term Loans & Adv. 425.33 472.10 499.23 528.17 501.12 Other Non Current Assets 0.00 0.00 0.01 6.43 9.35 Current Assets 1,005.39 474.49 410.15 343.12 1,035.36 Current Investments 180.81 0.00 0.00 0.00 0.00 Inventories 97.17 70.59 30.99 21.38 354.98 Sundry Debtors 180.08 130.91 92.71 68.05 223.20 Cash & Bank 48.17 15.04 47.18 110.37 129.51 Other Current Assets 499.15 1.38 65.63 21.50 327.66 Short Term Loans & Adv. 498.47 256.58 173.63 121.83 318.10 Net Current Assets 707.40 145.41 -104.23 -410.69 -1,200.06 Total Assets 2,406.90 1,708.85 2,012.00 1,996.03 2,593.86

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 14 Mar 13
Cash From Operating Activity 70.36 53.73 -72.90 155.12 111.87 -164.75 -31.79 PBT 54.50 15.78 -38.15 -81.93 -71.91 -18.69 4.05 Adjustment 39.08 58.04 77.32 129.76 174.90 10.19 1.04 Changes in Working Capital -28.81 -17.72 -116.88 111.52 -5.57 -153.40 -34.96 Cash after chg. in Working capital 64.77 56.10 -77.71 159.35 97.42 -161.90 -29.87 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 5.59 -2.37 4.81 -4.23 14.46 -2.85 -1.91 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -650.17 36.53 26.35 -53.04 -175.91 -19.57 -4.91 Net Fixed Assets -5.66 0.29 -1.78 -91.85 -931.44 -20.03 Net Investments -180.78 113.47 33.39 -0.37 -161.28 -1.91 Others -463.73 -77.23 -5.26 39.18 916.81 2.37 Cash from Financing Activity 575.42 -82.41 5.33 -77.41 80.43 184.42 37.36 Net Cash Inflow / Outflow -4.40 7.86 -41.22 24.68 16.40 0.10 0.66 Opening Cash & Equivalents 10.40 2.54 43.76 19.08 2.68 0.66 0.00 Closing Cash & Equivalent 6.00 10.40 2.54 43.76 19.08 0.75 0.66

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Cash From Operating Activity 60.37 -7.87 -26.31 141.03 48.73 PBT 37.29 27.60 -38.87 -114.13 -173.32 Adjustment 62.97 40.54 101.96 170.64 274.38 Changes in Working Capital -46.54 -71.61 -95.08 88.74 -66.72 Cash after chg. in Working capital 53.73 -3.48 -31.99 145.25 34.33 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid 6.64 -4.39 5.68 -4.22 14.40 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -637.46 -63.11 -5.19 -153.41 -105.24 Net Fixed Assets -5.66 0.29 -1.78 -91.85 Net Investments -180.78 113.47 33.39 -0.37 Others -451.02 -176.87 -36.80 -61.19 Cash from Financing Activity 572.50 78.83 -10.18 -63.13 173.50 Net Cash Inflow / Outflow -4.58 7.86 -41.68 -75.52 116.99 Opening Cash & Equivalents 10.89 3.04 44.72 120.23 3.32 Closing Cash & Equivalent 6.31 10.89 3.04 44.72 120.23

Financial Ratios

Standalone /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 14 Mar 13
Book Value (Rs.) 51.41 40.88 40.43 38.60 5.79 -1970.68 556.56 ROA 1.83% 0.63% -3.62% -0.21% -0.21% -5.82% 3.35% ROE 2.49% 0.97% -6.41% -0.90% -6.49% 0.00% 98.20% ROCE 3.90% 2.64% 1.06% 3.11% 4.27% -6.60% 12.37% Fixed Asset Turnover 0.20 0.19 0.24 0.18 0.20 31.33 21.65 Receivable days 261.70 190.56 113.88 312.37 504.15 205.33 211.79 Inventory Days 133.82 78.25 33.11 365.61 675.62 153.09 33.22 Payable days 2768.12 0.00 420.19 6767.67 0.00 156.14 164.80 Cash Conversion Cycle -2372.60 268.81 -273.20 -6089.68 1179.78 202.27 80.20 Total Debt/Equity 0.07 0.08 0.32 0.77 16.43 -22.68 13.78 Interest Cover 4.14 1.64 0.31 0.87 0.87 -0.82 4.89

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Book Value (Rs.) 49.44 39.00 37.19 34.32 0.78 ROA 0.88% 1.49% -2.32% -0.22% -0.36% ROE 1.30% 2.67% -4.91% -1.21% -16.38% ROCE 2.91% 3.68% 2.30% 3.17% 3.58% Fixed Asset Turnover 0.22 0.19 0.20 0.17 0.19 Receivable days 240.95 181.98 117.22 308.73 501.22 Inventory Days 129.98 82.66 38.18 398.95 756.99 Payable days 0.00 0.00 657.51 7580.29 0.00 Cash Conversion Cycle 370.93 264.65 -502.11 -6872.61 1258.20 Total Debt/Equity 0.10 0.13 0.55 1.12 143.55 Interest Cover 2.86 2.31 0.68 0.91 0.78

Top Investors:

samena green ltd

authum investment and infrastructure limited

sapphire intrex limited

llp

Annual Reports:

News Update:

Inox Green signs agreements for O&M of 189.1 MWp of solar projects
3rd Sep 2025, 10:13 AM

The said agreements include 96.6 MWp with a global PE backed Independent Power Producer for their projects located in Maharashtra
Read More
Inox Green Enrgy Ser - Quarterly Results
14th Aug 2025, 15:46 PM

Read More
Inox Green Energy Services inks pact for comprehensive O&M of 182 MW of wind projects
12th Aug 2025, 09:10 AM

The contract spans the entire balance life of the wind projects
Read More

Inox Green Energy Services Ltd.

Engineering - Construction

BSE: 543667 | NSE: INOXGREEN

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Inox Green Energy Services Ltd.

Engineering - Construction

BSE: 543667 | NSE: INOXGREEN

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: