Inox Green

Why is Inox Green Energy Services Ltd falling/rising?

As of 09-Jun, Inox Green Energy Services Ltd's stock price is currently Rs 174.65, reflecting a 2.02% increase. Despite a recent decline over the past month, the stock shows strong long-term growth and positive quarterly results, contributing to its current upward movement.

As of 09-Jun, Inox Green Energy Services Ltd's stock price is rising, currently at Rs 174.65, reflecting an increase of Rs 3.45 or 2.02%. This upward movement is notable as the stock has outperformed its sector by 2.44% today. The stock reached an intraday high of Rs 178, which is a rise of 3.97%. <BR><BR>Despite a negative trend over the past month, where the stock has decreased by 7.91%, the recent performance indicates a positive shift. The company has shown healthy long-term growth, with an annual operating profit growth rate of 40.40%. Additionally, it has reported positive results for the last three consecutive quarters, with net sales for the first nine months growing by 28.55%. <BR><BR>While there has been a significant drop in investor participation, with a delivery volume decrease of 72.12% against the 5-day average, the stock remains liquid enough for trading. The current price is above the 5-day, 50-day, and 100-day moving averages, although it is below the 20-day and 200-day moving averages. This mixed technical picture, combined with strong financial performance, contributes to the stock's current rise.

Which are the latest news on Inox Green?

Should I buy, sell or hold Inox Green Energy Services Ltd?

How has been the historical performance of Inox Green?

Inox Green's historical performance shows fluctuating financial metrics, with net sales increasing slightly to 235.55 Cr in March 2025 but profit after tax declining to 19.29 Cr. While total assets rose to 2,406.90 Cr, challenges in profitability and cash flow management were evident, despite a positive cash flow recovery to 60.00 Cr.

Answer:<BR>The historical performance of Inox Green shows a fluctuating trend in key financial metrics over the past few years.<BR><BR>Breakdown:<BR>Inox Green's net sales for the year ending March 2025 were reported at 235.55 Cr, showing a slight increase from 224.26 Cr in March 2024, but down from 254.23 Cr in March 2023. The total operating income mirrored this trend, reaching 235.55 Cr in March 2025. Total expenditure, excluding depreciation, rose to 183.60 Cr in March 2025 from 149.40 Cr in March 2024, impacting the operating profit (PBDIT), which decreased to 106.58 Cr from 111.79 Cr in the previous year. Profit before tax improved to 34.73 Cr in March 2025, compared to 33.40 Cr in March 2024, while profit after tax was 19.29 Cr, down from 29.79 Cr. The earnings per share (EPS) for March 2025 was 0.54, a decline from 0.95 in March 2024. On the balance sheet, total assets increased to 2,406.90 Cr in March 2025 from 1,988.84 Cr in March 2024, while total liabilities also rose to 2,406.90 Cr from 1,988.84 Cr. Cash flow from operating activities showed a positive trend at 60.00 Cr in March 2025, recovering from a negative cash flow of -7.00 Cr in March 2024. Overall, Inox Green's financial performance reflects a mix of growth in sales and assets, alongside challenges in profitability and cash flow management.

Is Inox Green technically bullish or bearish?

As of November 21, 2025, Inox Green's technical trend is mildly bullish, supported by bullish momentum from the weekly MACD and daily moving averages, despite some caution from the monthly MACD and bearish signals from the weekly Dow Theory and OBV.

As of 21 November 2025, the technical trend for Inox Green has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD indicating bullish momentum and the daily moving averages also showing a mildly bullish trend. However, the monthly MACD is mildly bearish, which introduces some caution. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, supporting the overall positive sentiment. Despite the recent price decline and bearish signals from the weekly Dow Theory and OBV, the overall technical indicators suggest a mildly bullish outlook.

Are Inox Green latest results good or bad?

Inox Green Energy Services reported a significant increase in Profit After Tax, up 377.2% to Rs 22.03 crore, and a 20.61% growth in net sales for the first half of the year. However, challenges remain with a negative Profit Before Tax and declining operational performance, indicating mixed results overall.

Inox Green Energy Services has reported a mixed set of results for the quarter ending June 2025. On the positive side, the company achieved a Profit After Tax (PAT) of Rs 22.03 crore, which is a remarkable increase of 377.2% compared to the average PAT of Rs 4.62 crore over the previous four quarters. This marks the highest PAT recorded in the last five quarters, indicating a strong improvement in profitability.<BR><BR>Additionally, net sales for the first half of the year reached Rs 124.58 crore, reflecting a year-on-year growth of 20.61%. However, there are some concerning aspects as well. The Profit Before Tax (PBT) was reported at Rs -8.59 crore, a decline of 52.9% from the previous average, suggesting challenges in operational performance.<BR><BR>Moreover, the company experienced a significant drop in net sales on a quarter-over-quarter basis, with a decrease of 17.81%. The inventory turnover and debtors turnover ratios have also hit their lowest points in recent periods, indicating potential issues with inventory management and collections. The reliance on non-operating income, which has surged to 126.04% of PBT, raises questions about the sustainability of this income source.<BR><BR>Overall, while there are notable improvements in profitability, the decline in operational performance and other mixed indicators suggest that the results are not entirely positive.

How big is Inox Green?

As of 24th July, Inox Green Energy Services Ltd has a market capitalization of 6,215.00 Cr, with net sales of 235.55 Cr and a net profit of 19.81 Cr over the latest four quarters. Shareholder's funds are 1,345.03 Cr, and total assets are valued at 1,988.84 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Inox Green Energy Services Ltd has a market capitalization of 6,215.00 Cr and is classified as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 235.55 Cr, while the sum of Net Profit for the same period is 19.81 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at 1,345.03 Cr, and Total Assets are valued at 1,988.84 Cr.

What does Inox Green do?

Inox Green Energy Services Ltd, a mid-cap company in the Other Utilities industry, focuses on renewable energy services and reported net sales of 684 Cr and a net profit of 56 Cr for the quarter ending March 2025. The company, incorporated in 2012 and renamed in 2021, has a market cap of INR 5,669 Cr.

Overview:<BR>Inox Green Energy Services Ltd operates in the Other Utilities industry and is categorized as a Mid Cap company.<BR><BR>History:<BR>The company was incorporated in 2012 under the name Inox Wind Infrastructure Services Limited and later changed its name to Inox Green Energy Services Limited on October 27, 2021. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 684 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 56 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 5,669 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 307.00<BR>- Industry P/E: 61<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.03<BR>- Return on Equity: 1.02%<BR>- Price to Book: 3.13<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the top shareholders of the Inox Green?

The top shareholders of Inox Green are Inox Wind Limited with 55.93%, followed by Samena Green Ltd at 1.97%, and individual investors holding 19.32%. Mutual funds account for 1.29%, while foreign institutional investors hold 0.29%, with no pledged promoter holdings reported.

The top shareholders of Inox Green include Inox Wind Limited, which holds the largest stake at 55.93%. Other significant shareholders include Samena Green Ltd, with a holding of 1.97%. Additionally, individual investors collectively own 19.32% of the company. Mutual funds are represented by six schemes, accounting for 1.29%, while foreign institutional investors (FIIs) hold 0.29% through eight different entities. There are no pledged promoter holdings reported.

Is Inox Green overvalued or undervalued?

As of June 2, 2025, Inox Green is considered overvalued and risky, with a PE ratio of 348.73 and an EV to EBITDA of 123.05, significantly higher than its peers, despite a recent stock return of 34.76% compared to the Sensex's 3.82%.

As of 2 June 2025, the valuation grade for Inox Green has moved from very expensive to risky. Based on the analysis, the company is currently overvalued. Key ratios indicate significant concerns: the PE ratio stands at an alarming 348.73, the EV to EBITDA ratio is 123.05, and the ROE is only 1.02%. <BR><BR>In comparison with peers, NTPC Green has a PE ratio of 187.3 and an EV to EBITDA of 55.35, while Suzlon Energy Ltd. shows a PE of 43.7 and an EV to EBITDA of 48.29. These figures suggest that Inox Green is trading at a premium relative to its peers, which further supports the conclusion of overvaluation. Additionally, Inox Green has outperformed the Sensex in the past month with a stock return of 34.76% compared to the Sensex's 3.82%, but this does not mitigate the concerns raised by its current valuation metrics.

Who are in the management team of Inox Green?

As of March 2023, the management team of Inox Green includes Manoj Shambhu Dixit, Mukesh Manglik (Whole-time Directors), V Sankaranarayanan, S P Jain, Bindu Saxena (Independent Directors), Shailendra Tandon (Non-Executive Director), and Rashmi Gupta (Company Secretary & Compliance Officer). They oversee the company's operations and governance.

As of March 2023, the management team of Inox Green includes the following members:<BR><BR>1. Manoj Shambhu Dixit - Whole-time Director<BR>2. Mukesh Manglik - Whole-time Director<BR>3. V Sankaranarayanan - Independent Director<BR>4. S P Jain - Independent Director<BR>5. Bindu Saxena - Independent Director<BR>6. Shailendra Tandon - Non Executive Director<BR>7. Rashmi Gupta - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

When is the next results date for Inox Green?

No Upcoming Board Meetings

Has Inox Green declared dividend?

No Dividend History Available

Who are the peers of the Inox Green?

Inox Green's peers include Va Tech Wabag, ION Exchange, Enviro Infra, and others, with varying management risks and growth rates. Inox Green has below-average management risk and growth, with a 1-year return of 28.13%, lower than Va Tech Wabag's 62.69% but higher than JITF Infra Logis's -52.22%.

Peers: The peers of Inox Green are Va Tech Wabag, ION Exchange, Enviro Infra, EMS, Rajesh Power, Antony Waste han, Concord Enviro, Eco Recyc., and JITF Infra Logis.<BR><BR>Quality Snapshot: Excellent management risk is observed at Enviro Infra and Antony Waste han, while Good management risk is found at Va Tech Wabag and ION Exchange. Average management risk is present at EMS, Rajesh Power, Concord Enviro, and Eco Recyc., and the rest. Below Average management risk is noted for Inox Green. Growth is Excellent for Enviro Infra and Rajesh Power, Good for EMS, Average for Inox Green, and Below Average for Va Tech Wabag and ION Exchange, along with Concord Enviro and Antony Waste han. The rest have Below Average growth. Capital Structure is Excellent for ION Exchange, EMS, and Eco Recyc., Good for Va Tech Wabag and Antony Waste han, Average for Rajesh Power, and Below Average for Inox Green, while the rest have either Average or Excellent.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Va Tech Wabag at 62.69%, while the lowest is JITF Infra Logis at -52.22%. Inox Green's 1-year return is 28.13%, which is higher than JITF Infra Logis but lower than Va Tech Wabag. Additionally, peers such as EMS, Eco Recyc., and JITF Infra Logis have negative six-month returns.