Inox Green Energy Services Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L45207GJ2012PLC070279 Incorporated 11 May 2012 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - NSE: INOXGREEN · BSE: 543667 Public Limited Company energy and power
Data last updated
Market Cap
₹4,818 Cr
INOXGREEN · NSE
Share Price
₹116.11
+1.12% 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)
40.4x
P/B 2.5x
Authorised capital
₹700 Cr
Registered with MCA
Paid-up capital
₹419.6 Cr
Issued & subscribed

About Inox Green Energy Services Limited

Data last updated:

Inox Green Energy Services Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Inox Wind Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 11 May 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45207GJ2012PLC070279. Its GSTIN is 24AACCI9265N1Z2 (Gujarat). The company holds 12 GST registrations, all of them active. Its shares are listed on BSE: 543667 and NSE: INOXGREEN.

The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹419.6 Cr. It was formerly known as Inox Wind Infrastructure Services Limited. It is led by directors including Manoj Dixit (Whole-Time Director) and Mukesh Manglik (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 1837 & 1834 At Moje Jetalpur Abs Towers Second Floor Old Padra Road, Vadodara, Gujarat, India – 390007.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹281.01 Cr, a growth of 19.3% compared to the previous year. For the same year it recorded a net profit of ₹103.3 Cr (net margin 36.8%) and EBITDA of ₹22.19 Cr (EBITDA margin 7.9%). The net worth stands at ₹1,708 Cr (down 13.2% YoY). Total assets are valued at ₹1,808.37 Cr (down 23.7% YoY).

The company has about 335 employees on its provident fund (EPFO) records. 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. Court records list 164 cases involving the company, including 50 filed by the company and 114 filed against it; 35 cases are pending. The company has 15 deals on record (13 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹1,050 Cr; the latest was in March 2026. The company has 15 MSME Form 1 returns on record between 2018 and 2024, listing 190 overdue payments to 8 micro and small suppliers.

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.

Company details

CIN L45207GJ2012PLC070279
Registration Number 070279
Incorporation Date 11 May 2012
ROC Ahmedabad
Listing Status Listed (BSE: 543667, NSE: INOXGREEN)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Inox Wind Limited
Compliance Status Active Compliant

CIN history

Inox Green Energy Services has one previous CIN (Corporate Identification Number): U45207GJ2012PLC070279. The current CIN is L45207GJ2012PLC070279, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45207GJ2012PLC070279Current
U45207GJ2012PLC070279Previous

Contact details

Inox Green Energy Services Limited's registered office is in Vadodara, Gujarat. Its website is inoxgreen.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 1837 & 1834 At Moje Jetalpur Abs Towers Second Floor Old Padra Road, Vadodara, Gujarat, India – 390007
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC

To see the full contact details of Inox Green Energy Services Limited, buy the company report.

Comprehensive company report
Inox Green Energy Services Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Inox Green Energy Services operates one associated brand: Inox Green Energy. Each brand links to its own profile.

BrandDescriptionWebsite
Operation and maintenance services for wind farms are provided.inoxgreen.com

Business activity

The main business activity of Inox Green Energy Services is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Inox Green Energy Services Limited, buy the company report.

Financials of Inox Green Energy Services Limited

FY 2025-26 filings available

Inox Green Energy Services Limited reported revenue of ₹281.01 Cr (up 19.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹281 Cr
+19.3% YoY
EBITDA
₹22.19 Cr
-57.3% YoY
Profit After Tax
₹103 Cr
+522.3% YoY
Net Worth
₹1,708 Cr
-13.2% YoY
Total Assets
₹1,808 Cr
-23.7% YoY
Total Debt
₹88.28 Cr
-51.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue281236224254172172165
Revenue growth+19.3%+5.0%-11.8%+47.7%-0.1%+4.2%-
EBITDA22.1951.9572.7357.49(6.05)(62.55)34.32
EBITDA margin+7.9%+22.1%+32.4%+22.6%-3.5%-36.3%+20.8%
Profit before tax15737.3031.27(38.86)(92.94)(158)(51.19)
Net profit10316.6030.05(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 (₹)2.730.540.95(0.66)(3.97)(11.94)(4.52)
Balance sheet
Total assets1,8082,3701,7521,9711,9521,5191,241
Net worth1,7081,9671,3451,12780742.9696.61
Total debt88.281811745959041,4111,085
Cash & bank50548.1715.0447.1811013017.89
Net working capital767707424226174(129)(165)
Cash flow
Cash from operations66.8760.37(7.87)(26.31)14148.73362
Cash from investing(293)(637)(63.11)(5.19)(153)(105)(306)
Cash from financing30757278.83(10.18)(63.13)174(52.47)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue43.2968.6777.9585.8756.2064.5461.1355.18
Revenue growth (YoY)-23.0%+6.4%+27.5%+55.6%+10.5%---
Other income57.8950.8123.8443.6141.5820.7612.859.23
EBITDA(0.94)(3.13)17.698.586.12(4.93)14.9718.53
EBITDA margin-2.2%-4.6%+22.7%+10.0%+10.9%-7.6%+24.5%+33.6%
Depreciation0.420.490.4310.0811.080.2613.4713.40
Interest2.061.752.181.223.634.243.954.71
Profit before tax54.4745.4438.9240.8932.9911.3310.409.65
Tax13.6817.0914.2612.8210.604.895.213.59
Net profit40.7928.3524.6628.0722.396.445.196.06
EPS (₹)1.010.710.650.740.580.170.130.17
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue238205202248174177400
Revenue growth+16.5%+1.4%-18.5%+42.5%-1.6%-55.8%-
EBITDA18.5248.8854.0031.4031.5520.1186.20
EBITDA margin+7.8%+23.9%+26.7%+12.7%+18.1%+11.4%+21.6%
Profit before tax75.1254.4915.79(38.15)(59.27)(74.64)(88.40)
Net profit53.3834.6330.40(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 (₹)1.401.050.39(2.29)(2.43)(5.59)(4.95)
Balance sheet
Total assets1,7682,3781,7481,8061,8421,4001,200
Net worth1,7322,0391,4001,18090710779.42
Total debt32.411251193826941,2241,060
Cash & bank50145.8014.5445.1468.9227.1914.15
Net working capital1,248986421283166(175)(169)
Cash flow
Cash from operations86.7570.3653.74(72.90)155112409
Cash from investing(288)(650)36.5326.35(53.04)(176)(308)
Cash from financing282575(82.41)5.33(77.41)80.44(99.19)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue29.5253.4571.9772.8947.8552.7651.3452.08
Revenue growth (YoY)-38.3%+1.3%+40.2%+40.0%+7.0%---
Other income26.1022.6016.5318.7922.0829.4420.5113.25
Total expenses31.7960.3452.6164.4343.2260.2138.1331.75
EBITDA(2.27)(6.89)19.368.464.63(7.45)13.2120.33
EBITDA margin-7.7%-12.9%+26.9%+11.6%+9.7%-14.1%+25.7%+39.0%
Depreciation0.160.240.179.8310.820.0113.2813.28
Interest1.911.472.041.103.454.113.224.55
Profit before tax21.7614.0033.6816.3212.4417.8717.2215.75
Tax6.296.729.084.633.564.645.064.59

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue43.2968.6777.9585.8756.2064.5461.1355.18
Revenue growth (YoY)-23.0%+6.4%+27.5%+55.6%+10.5%---
Other income57.8950.8123.8443.6141.5820.7612.859.23
EBITDA(0.94)(3.13)17.698.586.12(4.93)14.9718.53
EBITDA margin-2.2%-4.6%+22.7%+10.0%+10.9%-7.6%+24.5%+33.6%
Depreciation0.420.490.4310.0811.080.2613.4713.40
Interest2.061.752.181.223.634.243.954.71
Profit before tax54.4745.4438.9240.8932.9911.3310.409.65
Tax13.6817.0914.2612.8210.604.895.213.59
Net profit40.7928.3524.6628.0722.396.445.196.06
EPS (₹)1.010.710.650.740.580.170.130.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue281236224254172172165
Revenue growth+19.3%+5.0%-11.8%+47.7%-0.1%+4.2%-
Other income14557.2036.9339.9418.0714.047.09
Total expenses259184152197178235131
Employee cost0.0047.7133.9626.2421.6618.8018.23
EBITDA22.1951.9572.7357.49(6.05)(62.55)34.32
EBITDA margin+7.9%+22.1%+32.4%+22.6%-3.5%-36.3%+20.8%
Depreciation1.7153.2152.9565.3150.1649.0839.61
Interest8.7818.6425.4470.9854.8060.5552.99
Profit before tax15737.3031.27(38.86)(92.94)(158)(51.19)
Tax53.4515.443.60(18.50)0.24(4.61)1.09
Net profit10316.6030.05(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 (₹)2.730.540.95(0.66)(3.97)(11.94)(4.52)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital401367294292235129116
Reserves & surplus1,3071,448851835572(119)(52.50)
Shareholders' funds (net worth)1,7081,9671,3451,12780742.9696.61
Minority interest8.006.944.895.090.000.00(0.07)
Secured loans33.7330.2948.13252579634403
Unsecured loans54.55151126343326777682
Total debt88.281811745959041,4111,085
Total liabilities1,8082,3701,7521,9711,9521,5191,241
Assets
Gross block27.361,0641,0621,3581,150911875
Net block15.167047551,095953765776
Capital work in progress5.867.057.057.3813325126.27
Investments5504460.000.0032.5132.5172.41
Inventories10297.1770.5930.9921.38355359
Sundry debtors16618013192.7168.05223250
Cash & bank balances50548.1715.0447.1811013017.89
Loans & advances269499538239143336306
Total current assets1,0418257544103431,044934
Total current liabilities2741173301841691,1741,099
Net working capital767707424226174(129)(165)
Total assets1,8082,3701,7521,9711,9521,5191,241
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.3110.893.0444.721203.320.64
Net cash from operating activities66.8760.37(7.87)(26.31)14148.73362
Net cash from investing activities(293)(637)(63.11)(5.19)(153)(105)(306)
Net cash from financing activities30757278.83(10.18)(63.13)174(52.47)
Net change in cash80.58(4.58)7.86(41.68)(75.52)1172.68
Closing cash50548.1715.0447.1811013017.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-0.110.310.782.7317.8815.34
Long-term debt / equity-0.030.160.391.198.167.62
Interest cover42.87-1,479.37128.61-907.67-97.49-54.24-1,001.70
Efficiency & per share
Fixed asset turnover-0.220.190.200.170.190.23
Inventory turnover-2.814.429.710.910.480.43
Debtors turnover-1.512.013.161.180.730.76
EPS (₹)2.730.540.95(0.66)(3.97)(11.94)(4.52)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0049.4439.0038.6234.320.785.48
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue29.5253.4571.9772.8947.8552.7651.3452.08
Revenue growth (YoY)-38.3%+1.3%+40.2%+40.0%+7.0%---
Other income26.1022.6016.5318.7922.0829.4420.5113.25
Total expenses31.7960.3452.6164.4343.2260.2138.1331.75
EBITDA(2.27)(6.89)19.368.464.63(7.45)13.2120.33
EBITDA margin-7.7%-12.9%+26.9%+11.6%+9.7%-14.1%+25.7%+39.0%
Depreciation0.160.240.179.8310.820.0113.2813.28
Interest1.911.472.041.103.454.113.224.55
Profit before tax21.7614.0033.6816.3212.4417.8717.2215.75
Tax6.296.729.084.633.564.645.064.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue238205202248174177400
Revenue growth+16.5%+1.4%-18.5%+42.5%-1.6%-55.8%-
Other income65.3575.5239.2742.9310.1714.8612.50
Total expenses220156148216142157313
Employee cost0.0037.9424.6425.0021.6618.7924.92
EBITDA18.5248.8854.0031.4031.5520.1186.20
EBITDA margin+7.8%+23.9%+26.7%+12.7%+18.1%+11.4%+21.6%
Depreciation0.6952.5552.6457.5348.8449.0839.61
Interest8.0617.3624.8454.9552.1560.53147
Profit before tax75.1254.4915.79(38.15)(59.27)(74.64)(88.40)
Tax22.6515.994.2828.71(2.21)(2.72)(30.89)
Net profit53.3834.6330.40(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 (₹)1.401.050.39(2.29)(2.43)(5.59)(4.95)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital401367294292235129116
Reserves & surplus1,3311,520907888672(54.14)(69.69)
Shareholders' funds (net worth)1,7322,0391,4001,18090710779.42
Secured loans29.2526.0244.2484.04414533310
Unsecured loans3.1698.6774.45298280691750
Total debt32.411251193826941,2241,060
Total liabilities1,7682,3781,7481,8061,8421,4001,200
Assets
Gross block7.841,0441,0491,0481,036909838
Net block2.20690743796841762741
Capital work in progress5.646.831.201.5211.7547.8521.26
Investments16.6719716.7013016416373.38
Inventories90.7087.1263.0023.6021.38327327
Sundry debtors15016912486.4768.20230259
Cash & bank balances50145.8014.5445.1468.9227.1914.15
Loans & advances753786372253152363322
Total current assets1,4941,088574408311947922
Total current liabilities2461011531251451,1221,091
Net working capital1,248986421283166(175)(169)
Total assets1,7682,3781,7481,8061,8421,4001,200
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.0010.402.5443.7619.082.680.30
Net cash from operating activities86.7570.3653.74(72.90)155112409
Net cash from investing activities(288)(650)36.5326.35(53.04)(176)(308)
Net cash from financing activities282575(82.41)5.33(77.41)80.44(99.19)
Net change in cash80.58(4.40)7.87(41.22)24.6816.402.38
Closing cash50145.8014.5445.1468.9227.1914.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-0.070.190.521.8912.2318.80
Long-term debt / equity-0.020.090.210.765.699.58
Interest cover45.20-473.021,826.47-210.29-301.62-208.94316.57
Efficiency & per share
Fixed asset turnover-0.200.190.240.180.200.58
Inventory turnover-2.734.6711.021.000.541.13
Debtors turnover-1.391.923.211.170.721.77
EPS (₹)1.401.050.39(2.29)(2.43)(5.59)(4.95)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0051.4140.8840.4338.605.794.00

To see the full year-wise statements and ratios of Inox Green Energy Services Limited, buy the company report.

Board of directors of Inox Green Energy Services Limited

Inox Green Energy Services has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj DixitWhole-Time Director02 Feb 20188 Years 8 MonthsCurrent
Mukesh ManglikWhole-Time Director19 May 20206 Years 5 MonthsCurrent
Bindu SaxenaDirector12 Jan 20224 Years 9 MonthsCurrent
Shailendra TandonDirector03 Dec 20223 Years 10 MonthsCurrent
Brij Mohan BansalDirector21 Oct 20242 Years 0 MonthsCurrent
Sanjeev JainDirector01 Apr 20242 Years 6 MonthsCurrent

Auditor

Inox Green Energy Services Limited is audited by Dewan P. N. hopra & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Dewan P. N. hopra & Co.FY 2023000472N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 56.10%, foreign institutional investors hold 7.90%, domestic institutional investors hold 1.80% and retail and other public shareholders hold 34.20%.

Promoters: 56.10%DII (Domestic Institutional): 1.80%FII (Foreign Institutional): 7.90%Retail & Others: 34.20%
Sep 2026
QUARTER
56.10% Promoters
1.80% DII (Domestic Institutional)
7.90% FII (Foreign Institutional)
34.20% Retail & Others
Promoter holding - history
Now 56.10% · Sep 2026High 56.10% · Jun 2026Low 54.80% · Mar 2026
53%54.3%55.5%56.8%58%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 56.00%Mar 2026: 54.80%Jun 2026: 56.10%Sep 2026: 56.10%56.10%54.80%56.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters56.10%56.10%54.80%56.00%
Public43.90%43.90%45.20%44.00%

Charges & borrowings

Open charges
₹235 Cr
Satisfied charges
₹2,591.54 Cr
Breakdown by lending institutions
Others₹235.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Sep 2023100789195Others₹85 CrOpen
29 Jan 2021100412106Others₹100 CrOpen
22 Jun 2017100125634Others₹50 CrOpen
29 Sep 2023100787356Others₹40 CrSatisfied
17 Oct 2022100650353Others₹46.5 CrSatisfied

To see the full charge records of Inox Green Energy Services Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Inox Green Energy Services Limited has 15 deals on record (13 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹1,050 Cr; the latest was in March 2026.

Total deals
15
Market trades
13
IPO
1
Funding round
1
Disclosed funding
₹1,050 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Mar 2026Market trade₹63.5 CrBuyer: NK Securities Research Private Limited
Seller: NK Securities Research Private Limited
Aug 2024Market trade₹35.23 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jun 2024Funding round₹1,050 CrInvestors: Inox Leasing and Finance Limited , Samena Green Limited, Universal Golden Fund
May 2024Market trade₹63.79 CrBuyer: Sixteenth Street Asian Gems Fund
Seller: Icm Finance Private Limited
Dec 2023Market trade₹47.04 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Inox Green Energy Services Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Inox Green Energy Services Limited was last rated by Acuite on 27 Aug 2026.

Rating agencyRated onRating
Acuite27 Aug 2026

To see the full credit ratings and regulatory alerts of Inox Green Energy Services Limited, buy the company report.

MSME payment delays

Inox Green Energy Services Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 190 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
Dewan P.N .Chopra & Co.
Geo Designs and Research Private Limited
Spiktel Technologies Private Limited
Archit Electricals Pvt Ltd
R.B.Traders

To see the full MSME payment records of Inox Green Energy Services Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Inox Green Energy Services has 16 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

16
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Vasuprada Renewables Private LimitedU40100GJ2017PTC097130
I-Fox Windtechnik India Private LimitedU40100TZ2019PTC031539
Vibhav Energy Private LimitedU40106GJ2017PTC098230
Tempest Wind Energy Private LimitedU40106GJ2018PTC100590
Vuelta Wind Energy Private LimitedU40106GJ2018PTC100591
Flurry Wind Energy Private LimitedU40200GJ2018PTC100607

To see the full group structure of Inox Green Energy Services Limited, buy the company report.

Employees & EPFO

Inox Green Energy Services Limited has a workforce of 335 employees on its EPFO records as of Oct 22, 2024, across 1 active EPFO establishment.

Employee count
335
Active EPFO establishments
1
Employee growth
-14.1%

GST

Inox Green Energy Services has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
12
GSTINStateStatusRegistered on
24AACCI9265N1Z2GujaratActive01 Jul 2017
08AACCI9265N1ZWRajasthanActive01 Jul 2017
09AACCI9265N1ZUUttar PradeshActive01 Jul 2017
23AACCI9265N1Z4Madhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Inox Green Energy Services Limited, buy the company report.

Recent activity

Inox Green Energy Services Limited has 8 board changes on record since 2018: 6 appointments and 2 cessations. The latest: Brij Mohan Bansal was appointed as Director on 21 Oct 2024.

Charges
A charge registered on 15 Jan 2021 via Charge ID 100413518 with Yes Bank Limited was fully satisfied on 06 Mar 2026.
AGM
Inox Green Energy Services Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Jun 2018 via Charge ID 100187880 with Others was fully satisfied on 27 May 2025.
Filing
Inox Green Energy Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 08 Jun 2020 via Charge ID 100349506 with Others was fully satisfied on 17 Dec 2024.
Charges
A charge registered on 16 Sep 2019 via Charge ID 100291678 with Others was fully satisfied on 17 Dec 2024.
Charges
A charge registered on 26 Jun 2019 via Charge ID 100274426 with Others was fully satisfied on 17 Dec 2024.
Charges
A charge registered on 25 Mar 2021 via Charge ID 100432626 with Others was fully satisfied on 27 Nov 2024.
Appointed
Brij Mohan Bansal was appointed as Director.
Ceased
Venkatanarayanan Sankaranarayanan ceased to be Director.
Charges
A charge registered on 04 Aug 2021 via Charge ID 100470516 with Others was fully satisfied on 01 Aug 2024.
Appointed
Sanjeev Jain was appointed as Director.

56 earlier events are in the company report.

News

Inox Green Energy Services Ltd: Completes ₹550 Crore Purchase Of Wind World (India) Ltd's O&M Business, Financed By Equity And Inter-Corporate Deposits, With Vibhav Energy Private Limited As The Implementation Entity.
07 Oct 2026 · Exchange Update
Inox Green Energy Services: Raises ₹300 Crore Through QIP, Issues 1.81 Crore Shares to Qualified Buyers.
30 Sep 2026 · Exchange Update

Frequently asked questions

Inox Green Energy Services is an active public limited company based in Vadodara, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 11 May 2012 (14+ years old) and is registered under CIN L45207GJ2012PLC070279. Listed on BSE: 543667 and NSE: INOXGREEN.

Inox Green Energy Services reported revenue of ₹281.01 Cr for FY 2025-26 (up 19.3% YoY) based on consolidated financials.

Inox Green Energy Services has 6 current directors:

The latest financial statements of Inox Green Energy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Inox Green Energy Services is 24AACCI9265N1Z2, registered in Gujarat. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 08AACCI9265N1ZW (Rajasthan), 09AACCI9265N1ZU (Uttar Pradesh), 23AACCI9265N1Z4 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Inox Green Energy Services is L45207GJ2012PLC070279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Inox Green Energy Services is listed on both BSE (code: 543667) and NSE (symbol: INOXGREEN).

Inox Green Energy Services has 164 court cases on record: 50 filed by the company and 114 filed against it. 35 are pending. Most are in the district courts.

Inox Green Energy Services was incorporated on 11 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Inox Green Energy Services has 15 deals on record (13 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹1,050 Cr; the latest was in March 2026.

Brij Mohan Bansal was appointed as Director on 21 Oct 2024. Venkatanarayanan Sankaranarayanan ceased to be Director on 21 Oct 2024. Sanjeev Jain was appointed as Director on 01 Apr 2024. Inox Green Energy Services has 8 board changes on record in total.