
About Inox Green Energy
Inox Green Energy is a publicly listed company based in Vadodara (India) founded in 2021. Operation and maintenance services for wind farms are provided. The company has 382 employees. Inox Green Energy has completed 1 acquisition, including iFox Wind. Its chief executive, as recorded, is Kailash Tarachandani. Its Indian entity Inox Green Energy Services Limited reported revenue of ₹426 Cr. Its focus areas include Energy, Wind Energy, Service Providers and O&M.
Company details
Inox Green Energy was established in 2021 and is based in Vadodara, India. Operation and maintenance services for wind farms are delivered within the renewable energy sector. Efficient management of wind energy assets is ensured through specialized expertise. The company operates primarily in India, supporting wind farm owners with technical and logistical support. Leadership is held by CEO Kailash Tarachandani, overseeing core activities.
- Headquarters Vadodara, India
- Employees 382
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website inoxgreen.com
- Social LinkedIn YouTube
- Legal Name Inox Green Energy Services Ltd.
- Market Cap₹5,046 Cr
INOXGREEN · NSE
- Share Price₹118.01
-1.86% today
- Revenue₹281 Cr
FY 2025-26 · +19.3% YoY
- EBITDA₹22.19 Cr
Margin 7.9%
- Net Profit₹103 Cr
FY 2025-26 · +522.3% YoY
- P/E (TTM)41.4x
P/B 2.5x
- Latest Funding Round$4.79M (USD), Post-IPO
Jun 2024
- Employee Count382
- Investments & Acquisitions
Associated legal entities of Inox Green Energy
Inox Green Energy operates through Inox Green Energy Services Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inox Green Energy Services Limited Listed CIN L45207GJ2012PLC070279 | Active | 11 May 2012 | Vadodara, Gujarat | ₹426 Cr | 335 | 9 | View details |
Apps and channels of Inox Green Energy
its YouTube channel ET NOW has 2.58M subscribers and 30 videos.
Videos from Inox Green Energy
The most watched videos on Inox Green Energy's YouTube channel, ET NOW (2.58M subscribers). Click a video to play it here.
More on ET NOW.
Funding Insights of Inox Green Energy
- Total Rounds 1
- Last Round Post-IPO — $4.79M
- First Round $4.79M
(Jun 2024)
- Investors Count 1
All 1 funding rounds of Inox Green Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $4.79M | Post-IPO | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Inox Green Energy
Inox Green Energy has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ashish Kacholia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AK Ashish Kacholia | unknown_92bd9024cbd54495b |
Investor details for Inox Green Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Inox Green Energy Services Limited (Inox Green Energy)
Inox Green Energy Services Limited is the primary company behind Inox Green Energy. The board of Inox Green Energy Services Limited currently have 6 directors; the longest-serving is Manoj Dixit, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Dixit DIN 06709232 | Whole-time director | 02 Feb 2018 | 8 yrs 9 mo | Inox Green Energy Services Limited |
| Mukesh Manglik DIN 07001509 | Whole-time director | 19 May 2020 | 6 yrs 5 mo | Inox Green Energy Services Limited |
| Bindu Saxena DIN 00167802 | Director | 12 Jan 2022 | 4 yrs 9 mo | Inox Green Energy Services Limited |
| Shailendra Tandon DIN 07986682 | Director | 03 Dec 2022 | 3 yrs 11 mo | Inox Green Energy Services Limited |
| Sanjeev Jain DIN 00023409 | Director | 01 Apr 2024 | 2 yrs 7 mo | Inox Green Energy Services Limited |
| Brij Mohan Bansal DIN 00261063 | Director | 21 Oct 2024 | 2 yrs | Inox Green Energy Services Limited |
People of Inox Green Energy
1 people are tracked at Inox Green Energy (1 in leadership); the tracked headcount is 382.
| Name | Role | Group |
|---|---|---|
Kailash Tarachandani | CEO | Leadership |
Complete people profiles for Inox Green Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Inox Green Energy
Inox Green Energy is a publicly listed company on the NSE with ticker symbol INOXGREEN in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Nov 2022
- Listed onBSE: 543667 · NSE: INOXGREEN
- Listed entityInox Green Energy Services Ltd.
- Exchange sectorUtilities
- ISININE510W01014
- Share price₹124.39 (+0.97% on the day) · 2026-10-14
- Market capitalisation₹5,172 Cr
- Price to earnings39.6
- EPS (diluted, trailing year)₹3.14
- Volume (last session)1,984,547
Financials of Inox Green Energy
Exchange-reported figures of Inox Green Energy Services Limited, the listed company behind Inox Green Energy (NSE: INOXGREEN).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 281 | 236 | 224 | 254 | 172 | 172 | 165 |
| Revenue growth | +19.3% | +5.0% | -11.8% | +47.7% | -0.1% | +4.2% | - |
| EBITDA | 22.19 | 51.95 | 72.73 | 57.49 | (6.05) | (62.55) | 34.32 |
| EBITDA margin | +7.9% | +22.1% | +32.4% | +22.6% | -3.5% | -36.3% | +20.8% |
| Profit before tax | 157 | 37.30 | 31.27 | (38.86) | (92.94) | (158) | (51.19) |
| Net profit | 103 | 16.60 | 30.05 | (37.85) | (94.00) | (160) | (56.00) |
| Net profit margin | +36.8% | +7.1% | +13.4% | -14.9% | -54.6% | -93.2% | -33.9% |
| EPS (₹) | 2.73 | 0.54 | 0.95 | (0.66) | (3.97) | (11.94) | (4.52) |
| Balance sheet | |||||||
| Total assets | 1,808 | 2,370 | 1,752 | 1,971 | 1,952 | 1,519 | 1,241 |
| Net worth | 1,708 | 1,967 | 1,345 | 1,127 | 807 | 42.96 | 96.61 |
| Total debt | 88.28 | 181 | 174 | 595 | 904 | 1,411 | 1,085 |
| Cash & bank | 505 | 48.17 | 15.04 | 47.18 | 110 | 130 | 17.89 |
| Net working capital | 767 | 707 | 424 | 226 | 174 | (129) | (165) |
| Cash flow | |||||||
| Cash from operations | 66.87 | 60.37 | (7.87) | (26.31) | 141 | 48.73 | 362 |
| Cash from investing | (293) | (637) | (63.11) | (5.19) | (153) | (105) | (306) |
| Cash from financing | 307 | 572 | 78.83 | (10.18) | (63.13) | 174 | (52.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.29 | 68.67 | 77.95 | 85.87 | 56.20 | 64.54 | 61.13 | 55.18 |
| Revenue growth (YoY) | -23.0% | +6.4% | +27.5% | +55.6% | +10.5% | - | - | - |
| Other income | 57.89 | 50.81 | 23.84 | 43.61 | 41.58 | 20.76 | 12.85 | 9.23 |
| EBITDA | (0.94) | (3.13) | 17.69 | 8.58 | 6.12 | (4.93) | 14.97 | 18.53 |
| EBITDA margin | -2.2% | -4.6% | +22.7% | +10.0% | +10.9% | -7.6% | +24.5% | +33.6% |
| Depreciation | 0.42 | 0.49 | 0.43 | 10.08 | 11.08 | 0.26 | 13.47 | 13.40 |
| Interest | 2.06 | 1.75 | 2.18 | 1.22 | 3.63 | 4.24 | 3.95 | 4.71 |
| Profit before tax | 54.47 | 45.44 | 38.92 | 40.89 | 32.99 | 11.33 | 10.40 | 9.65 |
| Tax | 13.68 | 17.09 | 14.26 | 12.82 | 10.60 | 4.89 | 5.21 | 3.59 |
| Net profit | 40.79 | 28.35 | 24.66 | 28.07 | 22.39 | 6.44 | 5.19 | 6.06 |
| EPS (₹) | 1.01 | 0.71 | 0.65 | 0.74 | 0.58 | 0.17 | 0.13 | 0.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 238 | 205 | 202 | 248 | 174 | 177 | 400 |
| Revenue growth | +16.5% | +1.4% | -18.5% | +42.5% | -1.6% | -55.8% | - |
| EBITDA | 18.52 | 48.88 | 54.00 | 31.40 | 31.55 | 20.11 | 86.20 |
| EBITDA margin | +7.8% | +23.9% | +26.7% | +12.7% | +18.1% | +11.4% | +21.6% |
| Profit before tax | 75.12 | 54.49 | 15.79 | (38.15) | (59.27) | (74.64) | (88.40) |
| Net profit | 53.38 | 34.63 | 30.40 | (62.28) | (57.88) | (78.88) | (41.76) |
| Net profit margin | +22.4% | +16.9% | +15.1% | -25.1% | -33.3% | -44.6% | -10.5% |
| EPS (₹) | 1.40 | 1.05 | 0.39 | (2.29) | (2.43) | (5.59) | (4.95) |
| Balance sheet | |||||||
| Total assets | 1,768 | 2,378 | 1,748 | 1,806 | 1,842 | 1,400 | 1,200 |
| Net worth | 1,732 | 2,039 | 1,400 | 1,180 | 907 | 107 | 79.42 |
| Total debt | 32.41 | 125 | 119 | 382 | 694 | 1,224 | 1,060 |
| Cash & bank | 501 | 45.80 | 14.54 | 45.14 | 68.92 | 27.19 | 14.15 |
| Net working capital | 1,248 | 986 | 421 | 283 | 166 | (175) | (169) |
| Cash flow | |||||||
| Cash from operations | 86.75 | 70.36 | 53.74 | (72.90) | 155 | 112 | 409 |
| Cash from investing | (288) | (650) | 36.53 | 26.35 | (53.04) | (176) | (308) |
| Cash from financing | 282 | 575 | (82.41) | 5.33 | (77.41) | 80.44 | (99.19) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.52 | 53.45 | 71.97 | 72.89 | 47.85 | 52.76 | 51.34 | 52.08 |
| Revenue growth (YoY) | -38.3% | +1.3% | +40.2% | +40.0% | +7.0% | - | - | - |
| Other income | 26.10 | 22.60 | 16.53 | 18.79 | 22.08 | 29.44 | 20.51 | 13.25 |
| Total expenses | 31.79 | 60.34 | 52.61 | 64.43 | 43.22 | 60.21 | 38.13 | 31.75 |
| EBITDA | (2.27) | (6.89) | 19.36 | 8.46 | 4.63 | (7.45) | 13.21 | 20.33 |
| EBITDA margin | -7.7% | -12.9% | +26.9% | +11.6% | +9.7% | -14.1% | +25.7% | +39.0% |
| Depreciation | 0.16 | 0.24 | 0.17 | 9.83 | 10.82 | 0.01 | 13.28 | 13.28 |
| Interest | 1.91 | 1.47 | 2.04 | 1.10 | 3.45 | 4.11 | 3.22 | 4.55 |
| Profit before tax | 21.76 | 14.00 | 33.68 | 16.32 | 12.44 | 17.87 | 17.22 | 15.75 |
| Tax | 6.29 | 6.72 | 9.08 | 4.63 | 3.56 | 4.64 | 5.06 | 4.59 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.29 | 68.67 | 77.95 | 85.87 | 56.20 | 64.54 | 61.13 | 55.18 |
| Revenue growth (YoY) | -23.0% | +6.4% | +27.5% | +55.6% | +10.5% | - | - | - |
| Other income | 57.89 | 50.81 | 23.84 | 43.61 | 41.58 | 20.76 | 12.85 | 9.23 |
| EBITDA | (0.94) | (3.13) | 17.69 | 8.58 | 6.12 | (4.93) | 14.97 | 18.53 |
| EBITDA margin | -2.2% | -4.6% | +22.7% | +10.0% | +10.9% | -7.6% | +24.5% | +33.6% |
| Depreciation | 0.42 | 0.49 | 0.43 | 10.08 | 11.08 | 0.26 | 13.47 | 13.40 |
| Interest | 2.06 | 1.75 | 2.18 | 1.22 | 3.63 | 4.24 | 3.95 | 4.71 |
| Profit before tax | 54.47 | 45.44 | 38.92 | 40.89 | 32.99 | 11.33 | 10.40 | 9.65 |
| Tax | 13.68 | 17.09 | 14.26 | 12.82 | 10.60 | 4.89 | 5.21 | 3.59 |
| Net profit | 40.79 | 28.35 | 24.66 | 28.07 | 22.39 | 6.44 | 5.19 | 6.06 |
| EPS (₹) | 1.01 | 0.71 | 0.65 | 0.74 | 0.58 | 0.17 | 0.13 | 0.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 281 | 236 | 224 | 254 | 172 | 172 | 165 |
| Revenue growth | +19.3% | +5.0% | -11.8% | +47.7% | -0.1% | +4.2% | - |
| Other income | 145 | 57.20 | 36.93 | 39.94 | 18.07 | 14.04 | 7.09 |
| Total expenses | 259 | 184 | 152 | 197 | 178 | 235 | 131 |
| Employee cost | 0.00 | 47.71 | 33.96 | 26.24 | 21.66 | 18.80 | 18.23 |
| EBITDA | 22.19 | 51.95 | 72.73 | 57.49 | (6.05) | (62.55) | 34.32 |
| EBITDA margin | +7.9% | +22.1% | +32.4% | +22.6% | -3.5% | -36.3% | +20.8% |
| Depreciation | 1.71 | 53.21 | 52.95 | 65.31 | 50.16 | 49.08 | 39.61 |
| Interest | 8.78 | 18.64 | 25.44 | 70.98 | 54.80 | 60.55 | 52.99 |
| Profit before tax | 157 | 37.30 | 31.27 | (38.86) | (92.94) | (158) | (51.19) |
| Tax | 53.45 | 15.44 | 3.60 | (18.50) | 0.24 | (4.61) | 1.09 |
| Net profit | 103 | 16.60 | 30.05 | (37.85) | (94.00) | (160) | (56.00) |
| Net profit margin | +36.8% | +7.1% | +13.4% | -14.9% | -54.6% | -93.2% | -33.9% |
| EPS (₹) | 2.73 | 0.54 | 0.95 | (0.66) | (3.97) | (11.94) | (4.52) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 401 | 367 | 294 | 292 | 235 | 129 | 116 |
| Reserves & surplus | 1,307 | 1,448 | 851 | 835 | 572 | (119) | (52.50) |
| Shareholders' funds (net worth) | 1,708 | 1,967 | 1,345 | 1,127 | 807 | 42.96 | 96.61 |
| Minority interest | 8.00 | 6.94 | 4.89 | 5.09 | 0.00 | 0.00 | (0.07) |
| Secured loans | 33.73 | 30.29 | 48.13 | 252 | 579 | 634 | 403 |
| Unsecured loans | 54.55 | 151 | 126 | 343 | 326 | 777 | 682 |
| Total debt | 88.28 | 181 | 174 | 595 | 904 | 1,411 | 1,085 |
| Total liabilities | 1,808 | 2,370 | 1,752 | 1,971 | 1,952 | 1,519 | 1,241 |
| Assets | |||||||
| Gross block | 27.36 | 1,064 | 1,062 | 1,358 | 1,150 | 911 | 875 |
| Net block | 15.16 | 704 | 755 | 1,095 | 953 | 765 | 776 |
| Capital work in progress | 5.86 | 7.05 | 7.05 | 7.38 | 133 | 251 | 26.27 |
| Investments | 550 | 446 | 0.00 | 0.00 | 32.51 | 32.51 | 72.41 |
| Inventories | 102 | 97.17 | 70.59 | 30.99 | 21.38 | 355 | 359 |
| Sundry debtors | 166 | 180 | 131 | 92.71 | 68.05 | 223 | 250 |
| Cash & bank balances | 505 | 48.17 | 15.04 | 47.18 | 110 | 130 | 17.89 |
| Loans & advances | 269 | 499 | 538 | 239 | 143 | 336 | 306 |
| Total current assets | 1,041 | 825 | 754 | 410 | 343 | 1,044 | 934 |
| Total current liabilities | 274 | 117 | 330 | 184 | 169 | 1,174 | 1,099 |
| Net working capital | 767 | 707 | 424 | 226 | 174 | (129) | (165) |
| Total assets | 1,808 | 2,370 | 1,752 | 1,971 | 1,952 | 1,519 | 1,241 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.31 | 10.89 | 3.04 | 44.72 | 120 | 3.32 | 0.64 |
| Net cash from operating activities | 66.87 | 60.37 | (7.87) | (26.31) | 141 | 48.73 | 362 |
| Net cash from investing activities | (293) | (637) | (63.11) | (5.19) | (153) | (105) | (306) |
| Net cash from financing activities | 307 | 572 | 78.83 | (10.18) | (63.13) | 174 | (52.47) |
| Net change in cash | 80.58 | (4.58) | 7.86 | (41.68) | (75.52) | 117 | 2.68 |
| Closing cash | 505 | 48.17 | 15.04 | 47.18 | 110 | 130 | 17.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.3% | +5.0% | -11.8% | +47.7% | -0.1% | +4.2% | - |
| EBITDA growth | -57.3% | -28.6% | +26.5% | +1050.3% | +90.3% | -282.3% | - |
| PBT growth | +320.6% | +19.3% | +9998.0% | +58.2% | +41.2% | -208.9% | -19.0% |
| Net income growth | +522.3% | -44.8% | +179.4% | +59.7% | +41.4% | -186.6% | - |
| Revenue CAGR (3Y) | +3.4% | +11.0% | +9.2% | +15.4% | +1.6% | -22.3% | - |
| EBITDA CAGR (3Y) | -27.2% | - | - | +18.8% | - | +434.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +36.8% | +9.3% | +12.3% | -8.0% | -54.1% | -89.1% | -31.6% |
| Return on capital employed | - | +2.0% | +2.8% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +0.9% | +1.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.11 | 0.31 | 0.78 | 2.73 | 17.88 | 15.34 |
| Long-term debt / equity | - | 0.03 | 0.16 | 0.39 | 1.19 | 8.16 | 7.62 |
| Interest cover | 42.87 | -1,479.37 | 128.61 | -907.67 | -97.49 | -54.24 | -1,001.70 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.22 | 0.19 | 0.20 | 0.17 | 0.19 | 0.23 |
| Inventory turnover | - | 2.81 | 4.42 | 9.71 | 0.91 | 0.48 | 0.43 |
| Debtors turnover | - | 1.51 | 2.01 | 3.16 | 1.18 | 0.73 | 0.76 |
| EPS (₹) | 2.73 | 0.54 | 0.95 | (0.66) | (3.97) | (11.94) | (4.52) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 49.44 | 39.00 | 38.62 | 34.32 | 0.78 | 5.48 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.52 | 53.45 | 71.97 | 72.89 | 47.85 | 52.76 | 51.34 | 52.08 |
| Revenue growth (YoY) | -38.3% | +1.3% | +40.2% | +40.0% | +7.0% | - | - | - |
| Other income | 26.10 | 22.60 | 16.53 | 18.79 | 22.08 | 29.44 | 20.51 | 13.25 |
| Total expenses | 31.79 | 60.34 | 52.61 | 64.43 | 43.22 | 60.21 | 38.13 | 31.75 |
| EBITDA | (2.27) | (6.89) | 19.36 | 8.46 | 4.63 | (7.45) | 13.21 | 20.33 |
| EBITDA margin | -7.7% | -12.9% | +26.9% | +11.6% | +9.7% | -14.1% | +25.7% | +39.0% |
| Depreciation | 0.16 | 0.24 | 0.17 | 9.83 | 10.82 | 0.01 | 13.28 | 13.28 |
| Interest | 1.91 | 1.47 | 2.04 | 1.10 | 3.45 | 4.11 | 3.22 | 4.55 |
| Profit before tax | 21.76 | 14.00 | 33.68 | 16.32 | 12.44 | 17.87 | 17.22 | 15.75 |
| Tax | 6.29 | 6.72 | 9.08 | 4.63 | 3.56 | 4.64 | 5.06 | 4.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 238 | 205 | 202 | 248 | 174 | 177 | 400 |
| Revenue growth | +16.5% | +1.4% | -18.5% | +42.5% | -1.6% | -55.8% | - |
| Other income | 65.35 | 75.52 | 39.27 | 42.93 | 10.17 | 14.86 | 12.50 |
| Total expenses | 220 | 156 | 148 | 216 | 142 | 157 | 313 |
| Employee cost | 0.00 | 37.94 | 24.64 | 25.00 | 21.66 | 18.79 | 24.92 |
| EBITDA | 18.52 | 48.88 | 54.00 | 31.40 | 31.55 | 20.11 | 86.20 |
| EBITDA margin | +7.8% | +23.9% | +26.7% | +12.7% | +18.1% | +11.4% | +21.6% |
| Depreciation | 0.69 | 52.55 | 52.64 | 57.53 | 48.84 | 49.08 | 39.61 |
| Interest | 8.06 | 17.36 | 24.84 | 54.95 | 52.15 | 60.53 | 147 |
| Profit before tax | 75.12 | 54.49 | 15.79 | (38.15) | (59.27) | (74.64) | (88.40) |
| Tax | 22.65 | 15.99 | 4.28 | 28.71 | (2.21) | (2.72) | (30.89) |
| Net profit | 53.38 | 34.63 | 30.40 | (62.28) | (57.88) | (78.88) | (41.76) |
| Net profit margin | +22.4% | +16.9% | +15.1% | -25.1% | -33.3% | -44.6% | -10.5% |
| EPS (₹) | 1.40 | 1.05 | 0.39 | (2.29) | (2.43) | (5.59) | (4.95) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 401 | 367 | 294 | 292 | 235 | 129 | 116 |
| Reserves & surplus | 1,331 | 1,520 | 907 | 888 | 672 | (54.14) | (69.69) |
| Shareholders' funds (net worth) | 1,732 | 2,039 | 1,400 | 1,180 | 907 | 107 | 79.42 |
| Secured loans | 29.25 | 26.02 | 44.24 | 84.04 | 414 | 533 | 310 |
| Unsecured loans | 3.16 | 98.67 | 74.45 | 298 | 280 | 691 | 750 |
| Total debt | 32.41 | 125 | 119 | 382 | 694 | 1,224 | 1,060 |
| Total liabilities | 1,768 | 2,378 | 1,748 | 1,806 | 1,842 | 1,400 | 1,200 |
| Assets | |||||||
| Gross block | 7.84 | 1,044 | 1,049 | 1,048 | 1,036 | 909 | 838 |
| Net block | 2.20 | 690 | 743 | 796 | 841 | 762 | 741 |
| Capital work in progress | 5.64 | 6.83 | 1.20 | 1.52 | 11.75 | 47.85 | 21.26 |
| Investments | 16.67 | 197 | 16.70 | 130 | 164 | 163 | 73.38 |
| Inventories | 90.70 | 87.12 | 63.00 | 23.60 | 21.38 | 327 | 327 |
| Sundry debtors | 150 | 169 | 124 | 86.47 | 68.20 | 230 | 259 |
| Cash & bank balances | 501 | 45.80 | 14.54 | 45.14 | 68.92 | 27.19 | 14.15 |
| Loans & advances | 753 | 786 | 372 | 253 | 152 | 363 | 322 |
| Total current assets | 1,494 | 1,088 | 574 | 408 | 311 | 947 | 922 |
| Total current liabilities | 246 | 101 | 153 | 125 | 145 | 1,122 | 1,091 |
| Net working capital | 1,248 | 986 | 421 | 283 | 166 | (175) | (169) |
| Total assets | 1,768 | 2,378 | 1,748 | 1,806 | 1,842 | 1,400 | 1,200 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.00 | 10.40 | 2.54 | 43.76 | 19.08 | 2.68 | 0.30 |
| Net cash from operating activities | 86.75 | 70.36 | 53.74 | (72.90) | 155 | 112 | 409 |
| Net cash from investing activities | (288) | (650) | 36.53 | 26.35 | (53.04) | (176) | (308) |
| Net cash from financing activities | 282 | 575 | (82.41) | 5.33 | (77.41) | 80.44 | (99.19) |
| Net change in cash | 80.58 | (4.40) | 7.87 | (41.22) | 24.68 | 16.40 | 2.38 |
| Closing cash | 501 | 45.80 | 14.54 | 45.14 | 68.92 | 27.19 | 14.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +16.5% | +1.4% | -18.5% | +42.5% | -1.6% | -55.8% | - |
| EBITDA growth | -62.1% | -9.5% | +72.0% | -0.5% | +56.9% | -76.7% | - |
| PBT growth | +37.9% | +245.1% | +9998.0% | +35.6% | +20.6% | +15.6% | +0.7% |
| Net income growth | +54.1% | +13.9% | +148.8% | -7.6% | +26.6% | -88.9% | - |
| Revenue CAGR (3Y) | -1.3% | +5.6% | +4.5% | -14.7% | -6.8% | -21.6% | -12.3% |
| EBITDA CAGR (3Y) | -16.1% | +15.7% | +39.0% | -28.6% | +2.7% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +22.0% | +18.8% | +5.7% | -27.0% | -32.8% | -40.7% | -14.4% |
| Return on capital employed | - | +2.8% | +3.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +1.7% | +2.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.07 | 0.19 | 0.52 | 1.89 | 12.23 | 18.80 |
| Long-term debt / equity | - | 0.02 | 0.09 | 0.21 | 0.76 | 5.69 | 9.58 |
| Interest cover | 45.20 | -473.02 | 1,826.47 | -210.29 | -301.62 | -208.94 | 316.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.20 | 0.19 | 0.24 | 0.18 | 0.20 | 0.58 |
| Inventory turnover | - | 2.73 | 4.67 | 11.02 | 1.00 | 0.54 | 1.13 |
| Debtors turnover | - | 1.39 | 1.92 | 3.21 | 1.17 | 0.72 | 1.77 |
| EPS (₹) | 1.40 | 1.05 | 0.39 | (2.29) | (2.43) | (5.59) | (4.95) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 51.41 | 40.88 | 40.43 | 38.60 | 5.79 | 4.00 |
Investments & Acquisitions by Inox Green Energy
Inox Green Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iFox Wind.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wind energy projects are developed by iFox Wind in India. | ifoxwind.com | Coimbatore, India | 2019 | Feb 2023 | •••• |
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Timeline of Inox Green Energy
4 dated milestones of Inox Green Energy across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Inox Green Energy is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires iFox Wind.
- Funding First funding round of $4.8M.
Web traffic of Inox Green Energy
The website of Inox Green Energy (inoxgreen.com) receives about 4K visits a month.
- Monthly visits4K
▲ 43.3% vs previous month
Websites whose visitors overlap most with Inox Green Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
auraleague.com | auraleague.com | 100% | #2,689,749 | – |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Inox Green Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Inox Green Energy
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Frequently Asked Questions about Inox Green Energy
Inox Green Energy was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Inox Green Energy is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Kailash Tarachandani is the CEO of Inox Green Energy, as recorded in our data.
Inox Green Energy has 382 employees.
The primary company behind Inox Green Energy, Inox Green Energy Services Limited, reported revenue of ₹426 Cr for FY 2026, up 19% year on year.
Inox Green Energy was established in 2021 and is based in Vadodara, India. Operation and maintenance services for wind farms are delivered within the renewable energy sector. Efficient management of wind energy assets is ensured through specialized expertise. The company operates primarily in India, supporting wind farm owners with technical and logistical support. Leadership is held by CEO Kailash Tarachandani, overseeing core activities.
Yes, Inox Green Energy is publicly traded on NSE under the ticker symbol INOXGREEN.
Inox Green Energy has made 1 acquisition, including iFox Wind.
Inox Green Energy has 1 investor. Key investors include Ashish Kacholia.
Inox Green Energy operates through Inox Green Energy Services Limited.
The legal entities of Inox Green Energy currently have 9 directors, including Manoj Dixit, Mukesh Manglik, Bindu Saxena and others.
