INOX GREEN ENERGY SERVICES LIMITED

BSE: INOXGREEN543667ISIN INE510W01014

Services
Diversified Commercial Services
BSE 1000

Share price

₹120.65+5.85 (+5.10%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹274.95
52W low: ₹100.80
Off 52W high: -56.12%
1M return: -19.57%
3M return: -31.95%
6M return: -37.95%
1Y return: -55.31%
20D avg volume: 5,66,156
50 DMA: ₹148.56
200 DMA: ₹168.88

Key ratios Consolidated

Market cap: ₹5,062 Cr
Current price: ₹120.65
52W high / low: ₹274.95 / ₹100.80
Face value: ₹10.00
P/E: 41.54
P/B: —
EPS (TTM): ₹2.90
Book value / share: —
ROE: —
ROCE: 9.50%
Operating margin: —
Net margin: —
Debt / equity: 0.05
Net debt: ₹1.39 Cr
Interest cover: 18.97
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 222.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	43.29	68.67	81.79	85.87	56.20	68.38	61.13	55.18	50.86	52.43	59.96	47.39
	57.89	50.81	29.94	43.61	41.58	28.69	12.85	9.23	3.86	31.69	0.58	10.82
	101.18	119.48	111.73	129.48	97.78	97.07	73.98	64.41	54.72	84.12	60.54	58.21
	46.71	73.71	71.92	88.59	64.79	84.84	62.95	54.74	52.94	63.37	58.27	54.32
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	5.09	0.00	0.00	0.00	—	—	—	—	—	—
	13.91	15.42	14.28	14.61	12.91	13.91	13.01	11.04	9.76	8.70	7.63	8.81
	2.06	1.75	2.18	1.22	3.63	4.24	3.95	4.71	5.75	9.32	4.85	6.57
	0.42	0.49	10.67	10.08	11.08	13.09	13.47	13.40	13.25	13.16	13.28	13.33
	30.32	56.05	39.70	62.68	37.17	53.60	10.37	7.84	2.21	11.35	3.17	3.07
	54.47	45.77	39.81	40.89	32.99	12.23	11.03	9.67	1.78	20.75	2.27	3.89
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	54.47	45.77	39.81	40.89	32.99	12.23	11.03	9.67	1.78	20.75	2.27	3.89
	13.68	17.09	15.15	12.82	10.61	5.79	5.22	3.59	0.84	0.80	1.51	0.51
	40.79	28.35	24.66	28.07	22.38	6.44	5.18	6.06	4.15	20.60	-1.35	5.76
	1.01	0.71	0.65	0.74	0.58	0.17	0.15	0.17	0.01	0.49	0.03	0.11
Key metrics
	56.95	48.01	52.66	52.19	47.70	29.56	28.45	27.78	20.78	43.23	20.40	23.79
	131.60%	69.90%	64.40%	60.80%	84.90%	43.20%	46.50%	50.30%	40.90%	82.50%	34.00%	50.20%
	94.20%	41.30%	30.20%	32.70%	39.80%	9.40%	8.50%	11.00%	8.20%	39.30%	-2.30%	12.20%
	—	2.70%	—	1.90%	—	0.80%	—	—	—	—	—	—
	-23.00%	0.40%	33.80%	55.60%	10.50%	30.40%	2.00%	16.40%	—	—	—	—
	82.30%	340.20%	376.10%	363.20%	439.30%	-68.70%	483.70%	5.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23
Income statement
	279.62	281.01	235.55	224.26	254.23
	182.25	145.20	54.63	36.94	39.94
	461.87	426.21	290.18	261.20	294.17
	280.93	268.40	255.45	227.79	333.03
	0.00	0.00	0.00	—	—
	5.09	10.24	0.00	1.20	52.56
	58.22	57.22	47.71	33.96	26.24
	7.21	8.78	18.64	25.44	70.98
	21.66	1.71	53.21	52.95	65.31
	188.75	190.45	135.89	19.06	19.84
	180.94	157.81	34.73	33.41	-38.86
	0.00	0.00	0.00	0.00	0.00
	180.94	157.81	34.73	33.41	-38.86
	58.74	53.45	15.44	3.61	18.50
	121.87	103.45	21.86	27.67	-20.36
	3.11	2.74	0.62	1.01	-0.83
Key metrics
	209.81	168.30	106.58	111.80	97.43
	75.03%	59.90%	45.20%	49.90%	38.30%
	43.58%	36.80%	9.30%	12.30%	-8.00%
	—	9.50%	2.40%	—	—
	16.08%	19.30%	5.00%	-11.80%	—
	204.22%	373.20%	-21.00%	235.90%	—
	—	65.09	56.16	—	—
	—	0.65	2.76	—	—
	—	0.05	0.09	—	—
	—	1.39	174.62	—	—
	—	222.7	343.9	—	—
Balance sheet
	—	2,113	2,487	—	—
	—	1,041	1,005	—	—
	—	86.89	6.31	—	—
	—	166.18	180.08	—	—
	—	101.62	97.17	—	—
	—	31.97	30.67	—	—
	—	5.01	694.24	—	—
	—	96.31	55.31	—	—
	—	363.10	297.97	—	—
	—	88.28	180.93	—	—
	—	88.28	180.88	—	—
	—	0.00	0.05	—	—
	—	1,715	1,974	—	—
Cash flow
	—	66.88	60.37	—	—
	—	-293.11	-538.74	—	—
	—	306.81	473.79	—	—
	—	1.79	4.21	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	29.52	53.45	75.81	72.89	47.85	56.60	51.34	52.08	44.72	46.10	54.55	43.73
	26.10	22.60	22.63	18.79	22.08	37.37	20.51	13.25	4.39	32.60	2.01	10.11
	55.62	76.05	98.44	91.68	69.93	93.97	71.85	65.33	49.11	78.70	56.56	53.84
	33.86	61.72	63.86	75.36	57.49	75.20	54.63	49.58	46.35	53.36	52.24	46.99
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	2.51	7.62	0.00	2.20	2.25	2.46	1.74	—	—	—	—
	9.60	12.36	11.99	12.10	10.46	11.65	10.38	8.63	7.28	5.69	5.48	6.61
	1.91	1.47	2.04	1.10	3.45	4.11	3.22	4.55	5.48	8.78	4.73	5.56
	0.16	0.24	10.41	9.83	10.82	12.84	13.28	13.28	13.15	13.05	13.21	13.26
	22.19	45.14	31.80	52.33	30.56	44.35	8.99	5.66	1.72	10.16	2.54	2.56
	21.76	14.33	34.58	16.32	12.44	18.77	17.22	15.75	2.76	25.34	4.32	6.85
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-25.91	—	—
	21.76	14.33	34.58	16.32	12.44	18.77	17.22	15.75	2.76	-0.57	4.32	6.85
	6.29	6.72	9.98	4.63	3.56	5.54	5.06	4.59	0.80	0.19	1.40	1.17
	15.47	7.28	24.60	11.69	8.88	13.23	12.16	11.16	1.96	-0.76	2.92	5.68
	0.39	0.19	0.65	0.31	0.24	0.32	0.32	0.32	0.06	-0.02	0.10	0.19
Key metrics
	23.83	16.04	47.03	27.25	26.71	35.72	33.72	33.58	21.39	21.26	22.26	25.67
	80.70%	30.00%	62.00%	37.40%	55.80%	63.10%	65.70%	64.50%	47.80%	46.10%	40.80%	58.70%
	52.40%	13.60%	32.40%	16.00%	18.60%	23.40%	23.70%	21.40%	4.40%	-1.60%	5.40%	13.00%
	—	0.90%	—	0.80%	—	1.00%	—	—	—	—	—	—
	-38.30%	-5.60%	47.70%	40.00%	7.00%	22.80%	-5.90%	19.10%	—	—	—	—
	74.20%	-45.00%	102.30%	4.70%	353.10%	1,840.80%	316.40%	96.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23
Income statement
	231.67	238.48	204.74	202.00	247.88
	90.12	65.35	75.52	39.27	42.93
	321.79	303.83	280.26	241.27	290.81
	234.80	227.80	225.76	199.57	328.96
	0.00	0.00	0.00	—	—
	10.13	17.48	6.45	1.20	52.56
	46.05	46.91	37.94	24.64	25.00
	6.52	8.06	17.36	24.84	54.95
	20.64	0.69	52.55	52.64	57.53
	151.46	154.66	111.46	16.22	39.97
	86.99	76.03	54.50	41.70	-38.15
	0.00	0.00	0.00	-25.91	—
	86.99	76.03	54.50	15.79	-38.15
	27.62	22.65	15.99	4.28	13.01
	59.04	52.47	38.51	11.51	-25.14
	1.54	1.42	1.10	0.26	-1.03
Key metrics
	114.15	84.78	124.41	93.27	74.33
	49.27%	35.60%	60.80%	46.20%	30.00%
	25.48%	22.00%	18.80%	5.70%	-10.10%
	—	4.80%	3.20%	—	—
	11.45%	16.50%	1.40%	-18.50%	—
	29.96%	36.30%	234.60%	145.80%	—
	—	87.70	64.70	—	—
	—	1.67	1.83	—	—
	—	0.02	0.06	—	—
	—	-54.17	118.68	—	—
	—	239.7	374.4	—	—
Balance sheet
	—	2,014	2,480	—	—
	—	1,494	1,268	—	—
	—	86.58	6.00	—	—
	—	150.20	169.14	—	—
	—	90.70	87.12	—	—
	—	24.48	28.85	—	—
	—	2.19	690.50	—	—
	—	84.31	46.23	—	—
	—	278.88	226.02	—	—
	—	32.41	124.68	—	—
	—	32.41	124.68	—	—
	—	0.00	0.00	—	—
	—	1,732	2,039	—	—
Cash flow
	—	87.70	70.36	—	—
	—	-288.24	-551.46	—	—
	—	281.12	476.71	—	—
	—	0.00	5.66	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -1.28%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +11.45%
Profit YoY (TTM): +29.96%

Consolidated

Sales CAGR 3Y: +3.39%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +16.08%
Profit YoY (TTM): +204.22%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 53.70%

Quarter	September 2026	29 Sep 2026	June 2026
Promoter %	53.70%	53.70%	53.70%

Holder	Type	Holding	Previous	Change
Inox Wind Limited	Promoter	48.92%	48.92%	0.00%
Inox Leasing And Finance Limited	Promoter Group	4.74%	4.74%	0.00%
Samena Green Ltd	Public	1.77%	1.77%	0.00%
Neptune Alpha Fund	Public	1.51%	1.51%	0.00%
Authum Investment And Infrastructure Limited	Public	1.43%	1.43%	0.00%
Samena Special Situations Mauritius III	Public	1.29%	1.29%	0.00%
Bandhan Small Cap Fund	Public	1.18%	2.26%	-1.08%
Sapphire Intrex Limited	Public	1.18%	1.18%	0.00%
Progressive Star Finance Private Limited	Public	1.13%	1.13%	0.00%
Devansh Trademart LLP	Promoter Group	0.04%	0.04%	0.00%
Devansh Jain	Promoter	0.00%	0.00%	0.00%
Mukesh Patni	Promoter	0.00%	0.00%	0.00%
Vivek Kumar Jain	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
International Gemological Institute Limited	17,358	401.65	26.07	58.80%	+24.06% TTM	+30.32% TTM	+19.84%
WeWork India Management Limited	9,449	680.45	95.42	12.30%	—	—	+7.68%
Nesco Ltd S	7,338	1,041.40	18.21	15.50%	+13.08% TTM	-2.61% TTM	-19.90%
Indiabulls Limited S	7,314	31.36	-552.40	-3.60%	+34,733.33% TTM	+84.79% TTM	+49.98%
Rentomojo Limited	6,128	588.60	—	—	+45.51% FY26	+141.94% FY26	—
Nirlon Limited S	5,762	639.40	16.14	23.30%	—	—	+26.97%
SMARTWORKS COWORKING SPACES LIMITED	5,563	486.35	98.19	7.50%	—	—	-19.97%
LEAP India Limited	5,130	116.45	—	—	—	—	—
INOX GREEN ENERGY SERVICES LIMITED	5,062	120.65	41.54	9.50%	+16.08% TTM	+204.22% TTM	-55.31%
Quess Corp Limited	4,874	326.30	17.65	17.50%	-1.55% TTM	+198.78% TTM	+41.47%
Elevate Campuses Limited	4,729	280.60	—	—	—	—	—
INDIQUBE SPACES LIMITED S	3,980	187.75	-57.24	5.70%	—	—	-11.75%
CMS Info Systems Limited	3,475	217.10	11.84	16.20%	+1.71% TTM	-21.79% TTM	-40.17%
Hemisphere Properties India Limited S	3,172	111.30	-271.46	-1.10%	-4.21% TTM	-46.15% TTM	-19.38%
Sanghvi Movers Ltd.	2,996	346.05	14.73	15.50%	+29.75% TTM	+17.25% TTM	-12.58%
EFC (I) LIMITED	2,473	164.90	8.73	17.80%	+36.51% TTM	+45.65% TTM	—
Bluspring Enterprises Limited	2,320	155.20	-132.84	1.00%	—	—	+98.52%
Awfis Space Solutions Limited	1,833	256.10	18.39	13.50%	+21.83% TTM	+90.36% TTM	-56.94%
TeamLease Services Limited	1,659	1,085.60	11.00	11.00%	+4.68% TTM	+29.89% TTM	-35.60%
Texmaco Infrastructure & Holdings Ltd	1,507	118.25	160.59	1.40%	+5.45% TTM	+339.54% TTM	+15.87%
Updater Services Limited	1,365	203.85	14.16	8.70%	+8.93% TTM	-15.55% TTM	-11.98%
Sobhagya Mercantile Ltd. S	1,293	1,243.80	63.11	18.30%	+23.00% TTM	+8.12% TTM	+35.11%
KRYSTAL INTEGRATED SERVICES LIMITED	813	582.00	11.47	17.60%	+11.58% TTM	+14.88% TTM	-0.98%
TANDHAN INDUSTRIES LIMITED S	735	147.60	-3,690.00	-0.20%	-100.00% TTM	-146.15% TTM	+1,060.38%
South West Pinnacle Exploration Limited	613	187.80	15.35	22.30%	+39.24% TTM	+135.81% TTM	+4.30%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Certificate Under Regulation 74(5) of the SEBI (Depository and Participants) Regulations, 201813 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Allotment of equity shares by Vibhav Energy Private Limited a wholly owned subsidiary of the Company and consequential cessation of Vibhav Energy Private Limited as a wholly owned Subsidy ....9 Oct 2026 · Company Update / General
Press release- Inox Green Completes payment for the transfer of Wind World India''s 4.5 GW Wind O&M business as per the Business Transfer Agreement7 Oct 2026 · Company Update / Press Release / Media Release
Update on the Resolution Plan for Wind World (India) Limited and Investment in Vibhav Energy Private Limited, wholly owned subsidiary7 Oct 2026 · Company Update / General
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Allotment of equity shares of the Company pursuant to Qualified Institutions Placement30 Sep 2026 · Company Update / Allotment of Equity Shares
Outcome of the Meeting of IGESL Committee of the Board of Directors for Operations30 Sep 2026 · Company Update / Qualified Institutional Placement
Voting Results and Consolidated Scrutinizer''s Report of the 14th Annual General Meeting held on 25th September, 202628 Sep 2026 · AGM/EGM / AGM
Proceedings of the 14th Annual General Meeting of the Company25 Sep 2026 · AGM/EGM / AGM
Outcome of the meeting of the IGESL Committee of the Board of Directors for Operations ("Operations Committee") about the opening of QIP24 Sep 2026 · Company Update / Qualified Institutional Placement
Company has voluntarily withdrawn the Credit Ratings assigned by CRISIL23 Sep 2026 · Company Update / General
Submission of Newspaper advertisement regarding completion of dispatch of Notice of AGM and Annual Report for the FY 2025-26 and E-Voting information relating to AGM.4 Sep 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the Financial Year 2025-263 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report of the Company for the Financial Year 2025-263 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice of 14th Annual General Meeting (AGM) of the Company for the Financial Year 2025-26 to be held on September 25, 20263 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement regarding 14th Annual General Meeting of the Company- Published prior to the dispatch of the Annual Report2 Sep 2026 · Company Update / Newspaper Publication
Credit Rating obtained from Acuite Ratings & Research Limited27 Aug 2026 · Company Update / Credit Rating
Intimation regarding allotment of equity shares pursuant to the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited and their respective shareholders.24 Aug 2026 · Company Update / Scheme of Arrangement
Voting Result and Scrutinizer''s Report of the 26th Extra-ordinary General Meeting14 Aug 2026 · AGM/EGM / EGM
Proceedings of the 26th Extra-ordinary General Meeting held on 13th August, 2026.13 Aug 2026 · AGM/EGM / EGM
Transcript of Conference Call held on 07th August, 202612 Aug 2026 · Company Update / Earnings Call Transcript
Submission of the Report of Monitoring Agency for the quarter ended June 30, 202611 Aug 2026 · Company Update / Monitoring Agency Report
Audio recording of Conference Call held on August 7, 20267 Aug 2026 · Company Update / Analyst / Investor Meet
Statement of Nil deviation for the quarter ended June 30, 20267 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Investor Presentation on Q1 FY 2026_277 Aug 2026 · Company Update / Investor Presentation
Outcome of Board Meeting held on 7th August, 20267 Aug 2026 · Company Update / General
Outcome of Board meeting held on 7th August, 20267 Aug 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Analysts/ Investors Meet4 Aug 2026 · Company Update / Analyst / Investor Meet
Update on the Resolution Plan for Wind World (India) Limited3 Aug 2026 · Company Update / General
Inox Green Energy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve the Un-audited Standalone ....3 Aug 2026 · Board Meeting / Board Meeting
Receipt of NCLT approval by the Consortium in the matter of Wind World (India) Limited28 Jul 2026 · Company Update / General
Submission of copies of newspaper advertisement confirming dispatch of Notice of 26th Extra-ordinary General Meeting (EGM) scheduled to be held on Thursday, August 13, 2026 at 3:00 PM (IST)23 Jul 2026 · Company Update / Newspaper Publication
Fixation of Record date pursuant to Scheme of Arrangement22 Jul 2026 · Corp. Action / Record Date
Fixation of Record date pursuant to Scheme of Arrangement.22 Jul 2026 · Company Update / Scheme of Arrangement
Inox Green Energy Services Limited has informed the Exchange regarding Notice of Extra-Ordinary General Meeting to be held on August 13, 202622 Jul 2026 · AGM/EGM / EGM
Approved raising of funds aggregating upto Rs. 600 Crore (Rupees Six Hundred Crore only)22 Jul 2026 · Board Meeting / Outcome of Board Meeting
Inox Green Energy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve Fund Raising and other business17 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Credit Rating intimation17 Jun 2026 · Company Update / Credit Rating

Corporate actions

Purpose	Ex date	Record date	Payment date
Spin Off	31 Jul 2026	1 Aug 2026	—

Board meetings

7 Aug 2026 Board Meeting - Financial Results