INOX GREEN ENERGY SERVICES LIMITED
Inox Green Energy Services Limited provides operation and maintenance services, and common infrastructure facilities for wind turbine generators in India. The company operates through Operation & Maintenance; Erection, Procurement & Commissioning; Power Generation; and Trading Income segments. It offers operational services, including remote monitoring and control through supervisory control and data acquisition system; daily generation reports to the customers; and wind farm maintenance services. The company was formerly known as Inox Wind Infrastructure Services Limited and changed its name to Inox Green Energy Services Limited in October 2021. The company was incorporated in 2012 and is based in Noida, India. Inox Green Energy Services Limited operates as a subsidiary of Inox Wind Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+20.2%); Mar the lowest (-9.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.2%Negative MonthJan 2026: -19.19% | -0.5%Neutral MonthFeb 2026: -0.50% | -19.6%Negative MonthMar 2026: -19.57% | +33.0%Positive MonthApr 2026: +32.98% | -0.2%Neutral MonthMay 2026: -0.22% | +10.2%Positive MonthJun 2026: +10.17% | -2.4%*Negative MonthJul 2026: -2.39% | β | β | β | β | β |
| 2025 | -9.5%Negative MonthJan 2025: -9.52% | -24.7%Negative MonthFeb 2025: -24.67% | -1.1%Neutral MonthMar 2025: -1.12% | +16.9%Positive MonthApr 2025: +16.90% | +31.6%Positive MonthMay 2025: +31.60% | -15.4%Negative MonthJun 2025: -15.43% | +5.2%Positive MonthJul 2025: +5.16% | -9.9%Negative MonthAug 2025: -9.87% | +36.5%Positive MonthSep 2025: +36.45% | +32.3%Positive MonthOct 2025: +32.30% | -17.7%Negative MonthNov 2025: -17.67% | -3.8%Negative MonthDec 2025: -3.77% |
| 2024 | +27.1%Positive MonthJan 2024: +27.11% | +0.6%Neutral MonthFeb 2024: +0.64% | -12.0%Negative MonthMar 2024: -12.02% | +21.5%Positive MonthApr 2024: +21.53% | -7.4%Negative MonthMay 2024: -7.45% | +33.6%Positive MonthJun 2024: +33.62% | +0.0%Neutral MonthJul 2024: +0.03% | +12.6%Positive MonthAug 2024: +12.61% | +3.9%Positive MonthSep 2024: +3.95% | -16.5%Negative MonthOct 2024: -16.49% | -14.7%Negative MonthNov 2024: -14.65% | +19.4%Positive MonthDec 2024: +19.36% |
| 2023 | +0.6%Neutral MonthJan 2023: +0.63% | -12.3%Negative MonthFeb 2023: -12.34% | -6.8%Negative MonthMar 2023: -6.79% | +9.5%Positive MonthApr 2023: +9.47% | +12.9%Positive MonthMay 2023: +12.90% | +20.5%Positive MonthJun 2023: +20.51% | +18.8%Positive MonthJul 2023: +18.79% | -1.6%Neutral MonthAug 2023: -1.64% | -6.6%Negative MonthSep 2023: -6.55% | -1.7%Neutral MonthOct 2023: -1.73% | +8.6%Positive MonthNov 2023: +8.60% | +53.7%Positive MonthDec 2023: +53.69% |
| 2022 | β | β | β | β | β | β | β | β | β | β | β | -21.1%Negative MonthDec 2022: -21.09% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 5 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ205.00 Cr | β | βΉ38.00 Cr | β | β | 1.9% | 1.5% | 216.7% |
| Mar 2024 | βΉ202.00 Cr | β | βΉ12.00 Cr | β | β | 0.9% | -18.5% | -117.9% |
| Mar 2023 | βΉ248.00 Cr | β | βΉ-67.00 | β | β | -5.7% | 42.5% | 17.5% |
| Mar 2022 | βΉ174.00 Cr | β | βΉ-57.00 | β | β | -6.3% | -1.7% | -20.8% |
| Mar 2021 | βΉ177.00 Cr | β | βΉ-72.00 | β | β | -66.7% | -55.8% | 24.1% |
| Mar 2020 | βΉ400.00 Cr | β | βΉ-58.00 | β | β | -73.4% | 86.0% | 1.8% |
| Mar 2019 | βΉ215.00 Cr | β | βΉ-57.00 | β | β | -154.1% | -41.4% | -1.7% |
| Mar 2018 | βΉ367.00 Cr | β | βΉ-58.00 | β | β | 974.8% | -38.0% | 100.0% |
| Mar 2016 | βΉ592.00 Cr | β | βΉ-29.00 | β | β | 39.2% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 592 | 367 | 215 | 400 | 177 | 174 | 248 | 202 | 205 | 229 |
| Total Expenses | 593 | 348 | 162 | 294 | 90 | 90 | 198 | 122 | 156 | 204 |
| EBIT / Operating Profit | -1 | 19 | 53 | 105 | 87 | 84 | 50 | 80 | 49 | 25 |
| OPM % | -0% | 5% | 25% | 26% | 49% | 48% | 20% | 40% | 24% | 11% |
| Other Income | 2 | -19 | -15 | -7 | -52 | -42 | 24 | 13 | 76 | 99 |
| Finance Costs | 37 | 65 | 100 | 147 | 61 | 52 | 55 | 25 | 17 | 12 |
| Depreciation & Amortisation | 5 | 17 | 27 | 40 | 49 | 49 | 58 | 53 | 53 | 47 |
| Profit Before Tax | -41 | -82 | -89 | -88 | -75 | -59 | -38 | 16 | 54 | 65 |
| Tax % | -30% | -29% | -36% | -35% | -4% | -4% | 75% | 27% | 29% | - |
| Net Profit / PAT | -29 | -58 | -57 | -58 | -72 | -57 | -67 | 12 | 38 | 46 |
| EPS (βΉ) | -5,806 | -11,580 | -9.97 | -4.95 | -5.59 | -2.43 | -2.29 | 0.39 | 1.05 | 1.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| INOX GREEN ENERGY SERVICES LIMITEDthis co. | βΉ7.02 K Cr | βΉ205.00 Cr | 153.00 | 3.32 | 74.29 | 1.5% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |
