About Inox Green Energy Services Limited
Data last updated: 13 July 2026
Inox Green Energy Services Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Inox Wind Limited. It specialises in bop and btg services, a part of the broader energy and power sector. Incorporated on 11 May 2012, the company has been in operation for over 14 years.
Registered with ROC Ahmedabad under CIN L45207GJ2012PLC070279. Listed on BSE: 543667.
Capital: an authorised share capital of ₹700 Cr and a paid-up capital of ₹401.49 Cr. Formerly known as Inox Wind Infrastructure Services Limited. It is led by directors including Manoj Dixit and Mukesh Manglik.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Survey No. 1837 & 1834 At Moje Jetalpur Abs Towers Second Floor Old Padra Road, Vadodara, Gujarat, India – 390007.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹281.01 Cr, a growth of 19.3% compared to the previous year. The net worth stands at ₹1,715.11 Cr (down 13.12% YoY). Total assets are valued at ₹2,112.86 Cr (down 15.04% YoY).
The company has a workforce of approximately 335 employees as per the latest available data. It operates as a subsidiary of Inox Wind Limited. Its group structure includes 16 subsidiaries.
The company is associated with 1 brand - Inox Green Energy. As per MCA filings, the company has open charges of ₹235 Cr and satisfied charges of ₹2,591.54 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inoxgreen.com.
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Registered AddressSurvey No. 1837 & 1834 At Moje Jetalpur Abs Towers Second Floor Old Padra Road, Vadodara, Gujarat, India – 390007
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IndustryEnergy and Power, BoP & BTG Services, Power EPC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Inox Green Energy Services Limited
Inox Green Energy Services Limited has one previous CIN (Corporate Identification Number): U45207GJ2012PLC070279. The current CIN is L45207GJ2012PLC070279, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45207GJ2012PLC070279 | Current |
| U45207GJ2012PLC070279 | Previous |
Associated Brands with Inox Green Energy Services Limited
Inox Green Energy Services Limited operates one associated brand: Inox Green Energy. These brands represent Inox Green Energy Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Operation and maintenance services for wind farms are provided. | inoxgreen.com |
Competitors & Alternatives of Inox Green Energy Services Limited
Brands and companies operating in the same space as Inox Green Energy Services Limited include SkySpecs, Alpiq, DNV and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
SkySpecs
|
UAV solutions for inspecting hard-to-reach structures are provided. | Ann Arbor, United States, United States | 2012 |
Alpiq
|
Energy trading, asset management, and renewable solutions are provided. | Olten, Switzerland, Switzerland | 2009 |
DNV
|
Offshore classification, training, advisory, and analytics services are provided. | Oslo, Norway, Norway | 1864 |
Cadeler
|
Wind operation and maintenance services are provided globally. | Copenhagen, Denmark, Denmark | 2008 |
Senvion
|
Wind operation and maintenance services are provided by Senvion. | Mumbai, India, India | 2015 |
GEV Wind Power
|
Offers turbine blade maintenance services | - | 2013 |
Manor Renewable Energy
|
Engineering and remedial solutions for offshore wind are provided. | Portsmouth, United Kingdom, United Kingdom | 2013 |
Boston Energy
|
Maintenance services are provided to the renewable energy sector. | Beverley, United Kingdom, United Kingdom | 2011 |
UpWind Solutions
|
Wind Turbine Operation & Maintenance provider | San Diego, United States, United States | 2007 |
Muehlhan
|
Provider of surface protection and industrial services | Hamburg, Germany, Germany | 1881 |
Business Activity of Inox Green Energy Services Limited
Inox Green Energy Services Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Inox Green Energy Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Inox Green Energy Services Limited
Inox Green Energy Services Limited is audited by Dewan P N Chopra & Co (ICAI peer reviewed, certificate valid till 2027-01-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Dewan P N Chopra & Co (ICAI peer reviewed, certificate valid till 2027-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Inox Green Energy Services Limited
Inox Green Energy Services Limited is currently managed by 6 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Inox Green Energy Services Limited FY 2026 filings available
Inox Green Energy Services Limited reported revenue of ₹281.01 Cr (up 19.3% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹281.01 Cr | ₹235.55 Cr | ₹224.26 Cr | ₹254.23 Cr |
| Other Income | ₹145.2 Cr | ₹54.63 Cr | ₹36.94 Cr | ₹39.94 Cr |
| Total Income | ₹426.21 Cr | ₹290.18 Cr | ₹261.2 Cr | ₹294.17 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹10.24 Cr | ₹0 | ₹1.2 Cr | ₹52.56 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹57.22 Cr | ₹47.71 Cr | ₹33.96 Cr | ₹26.24 Cr |
| Finance Costs | ₹8.78 Cr | ₹18.64 Cr | ₹25.44 Cr | ₹70.98 Cr |
| Depreciation & Amortisation | ₹1.71 Cr | ₹53.21 Cr | ₹52.95 Cr | ₹65.31 Cr |
| Other Expenses | ₹190.45 Cr | ₹135.89 Cr | ₹114.24 Cr | ₹117.94 Cr |
| Total Expenses | ₹268.4 Cr | ₹255.45 Cr | ₹227.79 Cr | ₹333.03 Cr |
| Profit Before Exceptional Items & Tax | ₹157.81 Cr | ₹34.73 Cr | ₹33.41 Cr | -₹38.86 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹157.81 Cr | ₹34.73 Cr | ₹33.41 Cr | -₹38.86 Cr |
| Total Tax Expense | ₹53.45 Cr | ₹15.44 Cr | ₹3.61 Cr | -₹18.5 Cr |
| Net Profit | ₹103.45 Cr | ₹21.86 Cr | ₹27.67 Cr | -₹20.36 Cr |
| attributable to Owners | ₹102.39 Cr | ₹19.39 Cr | ₹27.91 Cr | -₹19.32 Cr |
| attributable to NCI | ₹1.06 Cr | ₹2.05 Cr | -₹24 Lakh | -₹1.04 Cr |
| Other Comprehensive Income | ₹27 Lakh | -₹42 Lakh | ₹47 Lakh | ₹39 Lakh |
| Total Comprehensive Income | ₹103.72 Cr | ₹21.44 Cr | ₹28.14 Cr | -₹19.97 Cr |
| EBITDA (computed) | ₹168.3 Cr | ₹106.58 Cr | ₹111.8 Cr | ₹97.43 Cr |
| Basic EPS | ₹2.76 | ₹0.55 | ₹1.01 | ₹-0.83 |
| Diluted EPS | ₹2.76 | ₹0.55 | ₹0.70 | ₹-0.83 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,112.86 Cr | ₹2,486.89 Cr | ₹2,082.52 Cr | ₹2,155.65 Cr |
| Non-current Assets | ₹1,071.92 Cr | ₹1,481.51 Cr | ₹1,328.03 Cr | ₹1,744.73 Cr |
| Current Assets | ₹1,040.94 Cr | ₹1,005.38 Cr | ₹754.49 Cr | ₹410.92 Cr |
| Property, Plant & Equipment | ₹5.01 Cr | ₹694.24 Cr | ₹745.05 Cr | ₹1,084.95 Cr |
| Inventories | ₹101.62 Cr | ₹97.17 Cr | ₹70.59 Cr | ₹30.99 Cr |
| Trade Receivables | ₹166.18 Cr | ₹180.08 Cr | ₹130.91 Cr | ₹92.71 Cr |
| Cash & Equivalents | ₹86.89 Cr | ₹6.31 Cr | ₹10.89 Cr | ₹3.78 Cr |
| Equity (Net Worth) | ₹1,715.11 Cr | ₹1,974.08 Cr | ₹1,349.92 Cr | ₹1,132.45 Cr |
| Equity Share Capital | ₹401.49 Cr | ₹367.02 Cr | ₹293.61 Cr | ₹291.94 Cr |
| Borrowings (Non-current) | ₹0 | ₹5 Lakh | ₹79.61 Cr | ₹264.26 Cr |
| Borrowings (Current) | ₹88.28 Cr | ₹180.88 Cr | ₹94.19 Cr | ₹330.75 Cr |
| Total Debt (computed) | ₹88.28 Cr | ₹180.93 Cr | ₹173.8 Cr | ₹595.01 Cr |
| Current Liabilities | ₹363.1 Cr | ₹297.97 Cr | ₹254.55 Cr | ₹515.16 Cr |
| Total Liabilities | ₹397.75 Cr | ₹512.81 Cr | ₹732.6 Cr | ₹1,023.2 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹66.88 Cr | ₹60.37 Cr | -₹7.88 Cr | -₹25.57 Cr |
| Investing Cash Flow | -₹293.11 Cr | -₹538.74 Cr | -₹63.11 Cr | -₹5.23 Cr |
| Financing Cash Flow | ₹306.81 Cr | ₹473.79 Cr | ₹78.83 Cr | -₹10.14 Cr |
| Capital Expenditure | ₹1.79 Cr | ₹4.21 Cr | ₹54 Lakh | ₹70.33 Cr |
| Free Cash Flow (computed) | ₹65.09 Cr | ₹56.16 Cr | -₹8.42 Cr | -₹95.9 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹80.58 Cr | -₹4.58 Cr | ₹7.84 Cr | -₹40.94 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹68.67 Cr | ₹81.79 Cr | ₹85.87 Cr | ₹56.2 Cr | ₹68.38 Cr | ₹61.13 Cr | ₹55.18 Cr | ₹50.86 Cr | ₹52.43 Cr | ₹59.96 Cr | ₹47.39 Cr | ₹63.88 Cr |
| Other Income | ₹50.81 Cr | ₹29.94 Cr | ₹43.61 Cr | ₹41.58 Cr | ₹28.69 Cr | ₹12.85 Cr | ₹9.23 Cr | ₹3.86 Cr | ₹31.69 Cr | ₹58 Lakh | ₹10.82 Cr | ₹1.75 Cr |
| Total Income | ₹119.48 Cr | ₹111.73 Cr | ₹129.48 Cr | ₹97.78 Cr | ₹97.07 Cr | ₹73.98 Cr | ₹64.41 Cr | ₹54.72 Cr | ₹84.12 Cr | ₹60.54 Cr | ₹58.21 Cr | ₹65.63 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹5.09 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.2 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹15.42 Cr | ₹14.28 Cr | ₹14.61 Cr | ₹12.91 Cr | ₹13.91 Cr | ₹13.01 Cr | ₹11.04 Cr | ₹9.76 Cr | ₹8.7 Cr | ₹7.63 Cr | ₹8.81 Cr | ₹8.83 Cr |
| Finance Costs | ₹1.75 Cr | ₹2.18 Cr | ₹1.22 Cr | ₹3.63 Cr | ₹4.24 Cr | ₹3.95 Cr | ₹4.71 Cr | ₹5.75 Cr | ₹9.32 Cr | ₹4.85 Cr | ₹6.57 Cr | ₹9.91 Cr |
| Depreciation & Amortisation | ₹49 Lakh | ₹10.67 Cr | ₹10.08 Cr | ₹11.08 Cr | ₹13.09 Cr | ₹13.47 Cr | ₹13.4 Cr | ₹13.25 Cr | ₹13.16 Cr | ₹13.28 Cr | ₹13.33 Cr | ₹16.09 Cr |
| Other Expenses | ₹56.05 Cr | ₹39.7 Cr | ₹62.68 Cr | ₹37.17 Cr | ₹53.6 Cr | ₹32.52 Cr | ₹25.59 Cr | ₹24.18 Cr | ₹32.19 Cr | ₹32.51 Cr | ₹25.61 Cr | ₹25.25 Cr |
| Total Expenses | ₹73.71 Cr | ₹71.92 Cr | ₹88.59 Cr | ₹64.79 Cr | ₹84.84 Cr | ₹62.95 Cr | ₹54.74 Cr | ₹52.94 Cr | ₹63.37 Cr | ₹58.27 Cr | ₹54.32 Cr | ₹61.28 Cr |
| Profit Before Exceptional Items & Tax | ₹45.77 Cr | ₹39.81 Cr | ₹40.89 Cr | ₹32.99 Cr | ₹12.23 Cr | ₹11.03 Cr | ₹9.67 Cr | ₹1.78 Cr | ₹20.75 Cr | ₹2.27 Cr | ₹3.89 Cr | ₹4.35 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹45.77 Cr | ₹39.81 Cr | ₹40.89 Cr | ₹32.99 Cr | ₹12.23 Cr | ₹11.03 Cr | ₹9.67 Cr | ₹1.78 Cr | ₹20.75 Cr | ₹2.27 Cr | ₹3.89 Cr | ₹4.35 Cr |
| Total Tax Expense | ₹17.09 Cr | ₹15.15 Cr | ₹12.82 Cr | ₹10.61 Cr | ₹5.79 Cr | ₹5.22 Cr | ₹3.59 Cr | ₹84 Lakh | -₹80 Lakh | ₹1.51 Cr | ₹51 Lakh | ₹1.39 Cr |
| Net Profit | ₹28.35 Cr | ₹24.66 Cr | ₹28.07 Cr | ₹22.38 Cr | ₹6.44 Cr | ₹5.18 Cr | ₹6.06 Cr | ₹4.15 Cr | ₹20.6 Cr | -₹1.35 Cr | ₹5.76 Cr | ₹2.96 Cr |
| attributable to Owners | ₹27.79 Cr | ₹24.69 Cr | ₹27.9 Cr | ₹22.03 Cr | ₹5.56 Cr | ₹4.11 Cr | ₹6.39 Cr | ₹3.75 Cr | ₹21.32 Cr | -₹1.5 Cr | ₹5.77 Cr | ₹2.62 Cr |
| attributable to NCI | ₹56 Lakh | -₹3 Lakh | ₹17 Lakh | ₹35 Lakh | ₹88 Lakh | ₹1.09 Cr | -₹31 Lakh | ₹40 Lakh | -₹72 Lakh | ₹15 Lakh | -₹1 Lakh | ₹34 Lakh |
| Other Comprehensive Income | ₹6 Lakh | ₹1 Lakh | ₹4 Lakh | ₹16 Lakh | ₹1 Lakh | ₹1 Lakh | ₹2 Lakh | -₹37 Lakh | ₹30 Lakh | ₹12 Lakh | -₹6 Lakh | ₹5 Lakh |
| Total Comprehensive Income | ₹28.41 Cr | ₹24.67 Cr | ₹28.11 Cr | ₹22.54 Cr | ₹6.45 Cr | ₹5.19 Cr | ₹6.08 Cr | ₹3.78 Cr | ₹20.9 Cr | -₹1.23 Cr | ₹5.7 Cr | ₹3.01 Cr |
| EBITDA (computed) | ₹48.01 Cr | ₹52.66 Cr | ₹52.19 Cr | ₹47.7 Cr | ₹29.56 Cr | ₹28.45 Cr | ₹27.78 Cr | ₹20.78 Cr | ₹43.23 Cr | ₹20.4 Cr | ₹23.79 Cr | ₹30.35 Cr |
| Basic EPS | ₹0.71 | ₹0.65 | ₹0.74 | ₹0.58 | ₹0.17 | ₹0.15 | ₹0.17 | ₹0.01 | ₹0.49 | ₹0.03 | ₹0.11 | ₹0.10 |
| Diluted EPS | ₹0.71 | ₹0.65 | ₹0.74 | ₹0.58 | ₹0.17 | ₹0.15 | ₹0.17 | ₹0.01 | ₹0.49 | ₹0.02 | ₹0.11 | ₹0.10 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operation and Maintenance | ₹68.67 Cr | -₹3.29 Cr | ₹733.92 Cr | ₹397.75 Cr |
| Power Evacuation | ₹3.04 Cr | -₹4.88 Cr | ₹0 | ₹0 |
| Power generation | ₹0 | ₹0 | ₹0 | ₹0 |
| Consultancy Income | ₹0 | ₹0 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operation and Maintenance | ₹243.37 Cr | -₹16.25 Cr | - | - |
| Power Evacuation | ₹14.56 Cr | -₹23.97 Cr | - | - |
| Power generation | ₹0 | ₹0 | - | - |
| Consultancy Income | ₹37.64 Cr | ₹37.64 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹238.48 Cr | ₹204.74 Cr | ₹202 Cr | ₹247.88 Cr |
| Other Income | ₹65.35 Cr | ₹75.52 Cr | ₹39.27 Cr | ₹42.93 Cr |
| Total Income | ₹303.83 Cr | ₹280.26 Cr | ₹241.27 Cr | ₹290.81 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹17.48 Cr | ₹6.45 Cr | ₹1.2 Cr | ₹52.56 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹46.91 Cr | ₹37.94 Cr | ₹24.64 Cr | ₹25 Cr |
| Finance Costs | ₹8.06 Cr | ₹17.36 Cr | ₹24.84 Cr | ₹54.95 Cr |
| Depreciation & Amortisation | ₹69 Lakh | ₹52.55 Cr | ₹52.64 Cr | ₹57.53 Cr |
| Other Expenses | ₹154.66 Cr | ₹111.46 Cr | ₹96.25 Cr | ₹138.92 Cr |
| Total Expenses | ₹227.8 Cr | ₹225.76 Cr | ₹199.57 Cr | ₹328.96 Cr |
| Profit Before Exceptional Items & Tax | ₹76.03 Cr | ₹54.5 Cr | ₹41.7 Cr | -₹38.15 Cr |
| Exceptional Items | ₹0 | ₹0 | -₹25.91 Cr | ₹0 |
| Profit Before Tax | ₹76.03 Cr | ₹54.5 Cr | ₹15.79 Cr | -₹38.15 Cr |
| Total Tax Expense | ₹22.65 Cr | ₹15.99 Cr | ₹4.28 Cr | -₹13.01 Cr |
| Net Profit | ₹52.47 Cr | ₹38.51 Cr | ₹11.51 Cr | -₹25.14 Cr |
| Other Comprehensive Income | ₹25 Lakh | -₹47 Lakh | ₹47 Lakh | ₹39 Lakh |
| Total Comprehensive Income | ₹52.72 Cr | ₹38.04 Cr | ₹11.98 Cr | -₹24.75 Cr |
| EBITDA (computed) | ₹84.78 Cr | ₹124.41 Cr | ₹119.18 Cr | ₹74.33 Cr |
| Basic EPS | ₹1.42 | ₹1.10 | ₹0.26 | ₹-1.03 |
| Diluted EPS | ₹1.42 | ₹1.10 | ₹0.26 | ₹-1.03 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,013.84 Cr | ₹2,479.72 Cr | ₹1,900.59 Cr | ₹1,973.68 Cr |
| Non-current Assets | ₹519.83 Cr | ₹1,211.33 Cr | ₹1,326.8 Cr | ₹1,564.79 Cr |
| Current Assets | ₹1,494.01 Cr | ₹1,268.39 Cr | ₹485.01 Cr | ₹408.89 Cr |
| Property, Plant & Equipment | ₹2.19 Cr | ₹690.5 Cr | ₹743.02 Cr | ₹795.63 Cr |
| Inventories | ₹90.7 Cr | ₹87.12 Cr | ₹63 Cr | ₹23.6 Cr |
| Trade Receivables | ₹150.2 Cr | ₹169.14 Cr | ₹124.46 Cr | ₹86.46 Cr |
| Cash & Equivalents | ₹86.58 Cr | ₹6 Cr | ₹10.4 Cr | ₹3.28 Cr |
| Equity (Net Worth) | ₹1,731.51 Cr | ₹2,039.39 Cr | ₹1,400.32 Cr | ₹1,222.09 Cr |
| Equity Share Capital | ₹401.49 Cr | ₹367.02 Cr | ₹293.61 Cr | ₹291.94 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹79.53 Cr | ₹107.54 Cr |
| Borrowings (Current) | ₹32.41 Cr | ₹124.68 Cr | ₹39.17 Cr | ₹274.37 Cr |
| Total Debt (computed) | ₹32.41 Cr | ₹124.68 Cr | ₹118.7 Cr | ₹381.91 Cr |
| Current Liabilities | ₹278.88 Cr | ₹226.02 Cr | ₹192.22 Cr | ₹400.42 Cr |
| Total Liabilities | ₹282.33 Cr | ₹440.33 Cr | ₹500.27 Cr | ₹751.59 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹87.7 Cr | ₹70.36 Cr | ₹53.73 Cr | -₹72.16 Cr |
| Investing Cash Flow | -₹288.24 Cr | -₹551.46 Cr | ₹36.54 Cr | ₹26.35 Cr |
| Financing Cash Flow | ₹281.12 Cr | ₹476.71 Cr | -₹82.41 Cr | ₹5.33 Cr |
| Capital Expenditure | ₹0 | ₹5.66 Cr | ₹3 Lakh | ₹5.24 Cr |
| Free Cash Flow (computed) | ₹87.7 Cr | ₹64.7 Cr | ₹53.7 Cr | -₹77.4 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹80.58 Cr | -₹4.39 Cr | ₹7.86 Cr | -₹40.48 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹53.45 Cr | ₹75.81 Cr | ₹72.89 Cr | ₹47.85 Cr | ₹56.6 Cr | ₹51.34 Cr | ₹52.08 Cr | ₹44.72 Cr | ₹46.1 Cr | ₹54.55 Cr | ₹43.73 Cr | ₹49.71 Cr |
| Other Income | ₹22.6 Cr | ₹22.63 Cr | ₹18.79 Cr | ₹22.08 Cr | ₹37.37 Cr | ₹20.51 Cr | ₹13.25 Cr | ₹4.39 Cr | ₹32.6 Cr | ₹2.01 Cr | ₹10.11 Cr | ₹2.45 Cr |
| Total Income | ₹76.05 Cr | ₹98.44 Cr | ₹91.68 Cr | ₹69.93 Cr | ₹93.97 Cr | ₹71.85 Cr | ₹65.33 Cr | ₹49.11 Cr | ₹78.7 Cr | ₹56.56 Cr | ₹53.84 Cr | ₹52.16 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹2.51 Cr | ₹7.62 Cr | ₹0 | ₹2.2 Cr | ₹2.25 Cr | ₹2.46 Cr | ₹1.74 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.2 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹12.36 Cr | ₹11.99 Cr | ₹12.1 Cr | ₹10.46 Cr | ₹11.65 Cr | ₹10.38 Cr | ₹8.63 Cr | ₹7.28 Cr | ₹5.69 Cr | ₹5.48 Cr | ₹6.61 Cr | ₹6.86 Cr |
| Finance Costs | ₹1.47 Cr | ₹2.04 Cr | ₹1.1 Cr | ₹3.45 Cr | ₹4.11 Cr | ₹3.22 Cr | ₹4.55 Cr | ₹5.48 Cr | ₹8.78 Cr | ₹4.73 Cr | ₹5.56 Cr | ₹5.77 Cr |
| Depreciation & Amortisation | ₹24 Lakh | ₹10.41 Cr | ₹9.83 Cr | ₹10.82 Cr | ₹12.84 Cr | ₹13.28 Cr | ₹13.28 Cr | ₹13.15 Cr | ₹13.05 Cr | ₹13.21 Cr | ₹13.26 Cr | ₹13.11 Cr |
| Other Expenses | ₹45.14 Cr | ₹31.8 Cr | ₹52.33 Cr | ₹30.56 Cr | ₹44.35 Cr | ₹25.29 Cr | ₹21.38 Cr | ₹20.44 Cr | ₹25.84 Cr | ₹28.82 Cr | ₹21.56 Cr | ₹20.02 Cr |
| Total Expenses | ₹61.72 Cr | ₹63.86 Cr | ₹75.36 Cr | ₹57.49 Cr | ₹75.2 Cr | ₹54.63 Cr | ₹49.58 Cr | ₹46.35 Cr | ₹53.36 Cr | ₹52.24 Cr | ₹46.99 Cr | ₹46.96 Cr |
| Profit Before Exceptional Items & Tax | ₹14.33 Cr | ₹34.58 Cr | ₹16.32 Cr | ₹12.44 Cr | ₹18.77 Cr | ₹17.22 Cr | ₹15.75 Cr | ₹2.76 Cr | ₹25.34 Cr | ₹4.32 Cr | ₹6.85 Cr | ₹5.2 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹25.91 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹14.33 Cr | ₹34.58 Cr | ₹16.32 Cr | ₹12.44 Cr | ₹18.77 Cr | ₹17.22 Cr | ₹15.75 Cr | ₹2.76 Cr | -₹57 Lakh | ₹4.32 Cr | ₹6.85 Cr | ₹5.2 Cr |
| Total Tax Expense | ₹6.72 Cr | ₹9.98 Cr | ₹4.63 Cr | ₹3.56 Cr | ₹5.54 Cr | ₹5.06 Cr | ₹4.59 Cr | ₹80 Lakh | ₹19 Lakh | ₹1.4 Cr | ₹1.17 Cr | ₹1.81 Cr |
| Net Profit | ₹7.28 Cr | ₹24.6 Cr | ₹11.69 Cr | ₹8.88 Cr | ₹13.23 Cr | ₹12.16 Cr | ₹11.16 Cr | ₹1.96 Cr | -₹76 Lakh | ₹2.92 Cr | ₹5.68 Cr | ₹3.39 Cr |
| Other Comprehensive Income | ₹4 Lakh | ₹1 Lakh | ₹4 Lakh | ₹16 Lakh | -₹4 Lakh | -₹7 Lakh | ₹1 Lakh | -₹37 Lakh | ₹37 Lakh | ₹12 Lakh | -₹7 Lakh | ₹5 Lakh |
| Total Comprehensive Income | ₹7.32 Cr | ₹24.61 Cr | ₹11.73 Cr | ₹9.04 Cr | ₹13.19 Cr | ₹12.09 Cr | ₹11.17 Cr | ₹1.59 Cr | -₹39 Lakh | ₹3.04 Cr | ₹5.61 Cr | ₹3.44 Cr |
| EBITDA (computed) | ₹16.04 Cr | ₹47.03 Cr | ₹27.25 Cr | ₹26.71 Cr | ₹35.72 Cr | ₹33.72 Cr | ₹33.58 Cr | ₹21.39 Cr | ₹47.17 Cr | ₹22.26 Cr | ₹25.67 Cr | ₹24.08 Cr |
| Basic EPS | ₹0.19 | ₹0.65 | ₹0.31 | ₹0.24 | ₹0.32 | ₹0.32 | ₹0.32 | ₹0.06 | ₹-0.02 | ₹0.10 | ₹0.19 | ₹0.12 |
| Diluted EPS | ₹0.19 | ₹0.65 | ₹0.31 | ₹0.24 | ₹0.32 | ₹0.32 | ₹0.32 | ₹0.06 | ₹-0.02 | ₹0.07 | ₹0.19 | ₹0.12 |
Shareholding Pattern of Inox Green Energy Services Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 56.12%, foreign institutional investors hold 8.74%, domestic institutional investors hold 1.49%, retail and other public shareholders hold 33.65% of Inox Green Energy Services Limited. The company had 117,889 shareholders on record.
| Mar 2026 | Jan 2026 | Dec 2025 | Nov 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 56.12% | 56.12% | 54.82% | 54.82% | 55.97% | 55.97% |
| Public | 43.88% | 43.88% | 45.18% | 45.18% | 44.03% | 44.03% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 56.12% | 55.93% | 55.72% | 56.04% |
| Public | 43.88% | 44.07% | 44.28% | 43.96% |
| Promoter change (YoY, %pts) | +0.19 | +0.21 | -0.32 | - |
Board & Governance of Inox Green Energy Services Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Inox Green Energy Services Limited has 6 directors - 3 independent and 2 executive. The board is chaired by Manoj Dixit.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Sanjeev Jain | Non-Executive - Independent Director | 2024-04-01 | 2 |
| Bindu Saxena | Non-Executive - Independent Director | 2021-12-14 | 1 |
| Brij Mohan Bansal | Non-Executive - Independent Director | 2024-10-21 | 3 |
| Mukesh Manglik | Executive Director | 2014-10-21 | 2 |
| Manoj Dixit | Executive Director · Chairperson | 2013-10-08 | 2 |
| Shailendra Tandon | Non-Executive - Non Independent Director | 2022-12-03 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Sanjeev Jain (Chairperson), Bindu Saxena, Brij Mohan Bansal, Mukesh Manglik |
| Nomination and remuneration committee | Brij Mohan Bansal (Chairperson), Sanjeev Jain, Shailendra Tandon |
| Stakeholders Relationship Committee | Brij Mohan Bansal (Chairperson), Manoj Dixit, Shailendra Tandon |
| Risk Management Committee | Manoj Dixit (Chairperson), Brij Mohan Bansal, Shailendra Tandon |
| Corporate Social Responsibility Committee | Mukesh Manglik (Chairperson), Brij Mohan Bansal, Shailendra Tandon |
| Business Responsibility and Sustainability Committee | Manoj Dixit (Chairperson), Mukesh Manglik, Shailendra Tandon, Chief Financial Officer |
Group Structure of Inox Green Energy Services Limited
Inox Green Energy Services Limited has 16 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Inox Green Energy Services Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Vasuprada Renewables Private Limited | U40100GJ2017PTC097130 | - |
| I-Fox Windtechnik India Private Limited | U40100TZ2019PTC031539 | - |
| Vibhav Energy Private Limited | U40106GJ2017PTC098230 | - |
| Tempest Wind Energy Private Limited | U40106GJ2018PTC100590 | - |
| Vuelta Wind Energy Private Limited | U40106GJ2018PTC100591 | - |
| Flurry Wind Energy Private Limited | U40200GJ2018PTC100607 | - |
Showing major subsidiaries. Total: 16.
Charges & Borrowings of Inox Green Energy Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Others | ₹85 Cr | Open |
| 29 Jan 2021 | Others | ₹100 Cr | Open |
| 22 Jun 2017 | Others | ₹50 Cr | Open |
| 29 Sep 2023 | Others | ₹40 Cr | Satisfied |
| 17 Oct 2022 | Others | ₹46.5 Cr | Satisfied |
Total charge records: 26 View all charges
Employees and EPFO Compliance at Inox Green Energy Services Limited
Inox Green Energy Services Limited has a workforce of 335 employees as of Oct 22, 2024.
Employee and EPFO history for Inox Green Energy Services Limited
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GST Compliance of Inox Green Energy Services Limited
GST registrations and filing compliance for Inox Green Energy Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Inox Green Energy Services Limited
Credit ratings, litigation, and regulatory alerts for Inox Green Energy Services Limited
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MSME Payment Delays by Inox Green Energy Services Limited
MSME payment history for Inox Green Energy Services Limited
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Subsidiaries & Group Companies of Inox Green Energy Services Limited
Corporate group structure for Inox Green Energy Services Limited
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MCA Filings & Documents of Inox Green Energy Services Limited
MCA filings and documents for Inox Green Energy Services Limited
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Recent Activity on Inox Green Energy Services Limited
Recent News on Inox Green Energy Services Limited
Frequently Asked Questions about Inox Green Energy Services Limited
Inox Green Energy Services Limited is an active public limited company in the energy and power sector based in Vadodara, Gujarat, India. It was incorporated on 11 May 2012 (14+ years old) and is registered under CIN L45207GJ2012PLC070279. Listed on BSE: 543667. The company has 335 employees.
Inox Green Energy Services Limited reported revenue of ₹281.01 Cr for FY 2026 (up 19.3% YoY) based on consolidated NSE filings.
The current directors of Inox Green Energy Services Limited are:
- Manoj Dixit - Whole-Time Director
- Mukesh Manglik - Whole-Time Director
- Bindu Saxena - Director
- Shailendra Tandon - Director
- Brij Mohan Bansal - Director
- Sanjeev Jain - Director
The primary industry of Inox Green Energy Services Limited is energy and power. The company specifically operates in bop and btg services. The company is currently active in this sector.
Yes. Inox Green Energy Services Limited is listed on BSE with code 543667.
Inox Green Energy Services Limited can be reached at the registered office: Survey No. 1837 & 1834 At Moje Jetalpur Abs Towers Second Floor Old Padra Road, Vadodara, Gujarat, India – 390007, or through the website inoxgreen.com.