Inox Green Energy Services Ltd. (INOXGREEN) AI Stock Analysis

• Market Cap: ₹62.67B
• Dividend Yield: N/A
• Average Volume (3M): 265.74K
• Price to Earnings (P/E): 79.8
• Beta (1Y): 2.07
• Revenue Growth: 24.33%
• EPS Growth: 66.14%
• Country: IN
• Employees: 314
• Sector: Energy
• Sector Strength: 52
• Industry: Renewable Utilities
• EPS (TTM): 0.66
• Shares Outstanding: 401,492,030
• 10 Day Avg. Volume: 422,582
• 30 Day Avg. Volume: 265,735
• PEG Ratio: -7.32
• Price to Book (P/B): 1.97
• Price to Sales (P/S): 16.46
• P/FCF Ratio: 93.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹159.00 ▼(-25.60% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held up by improving balance sheet strength and better 2025 cash generation, but is weighed down by a clear downtrend in technical indicators and a high P/E valuation without dividend support.

Positive Factors

Balance Sheet Improvement

A materially stronger equity base and improved debt-to-equity ratio enhance financial flexibility and reduce refinancing risk. Over 2-6 months this supports the firm's ability to absorb project cash-flow variability, pursue larger O&M contracts, and fund strategic service investments without immediate external distress.

Negative Factors

Negative EBIT / Profitability Volatility

Persistent negative EBIT, despite recent net income improvement, indicates structural margin pressure or inefficiencies in core operations. Over months this can limit the company's ability to self-fund growth, compress returns on invested capital, and keep profitability vulnerable to cost inflation or contract price pressure in the O&M market.

Inox Green Energy Services Ltd. Business Overview & Revenue Model

Company Description

Inox Green Energy Services Limited provides operation and maintenance services and common infrastructure facilities for wind turbine generators in India. It also offers erection, procurement, and commissioning services, as well as develops wind fa...

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Inox Green Energy Services Limited provides operation and maintenance services and common infrastructure facilities for wind turbine generators in India. It also offers erection, procurement, and commissioning services, as well as develops wind fa...

How the Company Makes Money

INOXGREEN primarily makes money by providing O&M services for wind power assets under service agreements with wind project owners. Revenue is earned through recurring fees for operating and maintaining wind turbine generators and balance-of-plant ...

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INOXGREEN primarily makes money by providing O&M services for wind power assets under service agreements with wind project owners. Revenue is earned through recurring fees for operating and maintaining wind turbine generators and balance-of-plant ...

Inox Green Energy Services Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.41B	2.36B	2.24B	2.50B	1.72B	1.72B
Gross Profit	824.90M	358.70M	960.00M	189.52M	1.09B	1.18B
EBITDA	1.33B	1.07B	1.12B	933.87M	998.07M	772.67M
Net Income	380.90M	198.10M	279.04M	-610.46M	-931.96M	-1.54B
Balance Sheet
Total Assets	0.00	24.87B	20.83B	21.56B	21.21B	18.85B
Cash, Cash Equivalents and Short-Term Investments	2.29B	2.29B	108.93M	471.81M	1.10B	1.69B
Total Debt	0.00	1.81B	1.74B	5.95B	9.04B	6.50B
Total Liabilities	-19.74B	5.13B	7.33B	10.23B	13.14B	11.03B
Stockholders Equity	19.74B	19.67B	13.45B	10.86B	8.07B	7.82B
Cash Flow
Free Cash Flow	0.00	415.00M	-84.08M	-959.00M	-47.83M	248.87M
Operating Cash Flow	0.00	457.10M	-78.66M	-255.70M	1.45B	1.01B
Investing Cash Flow	0.00	-5.50B	-631.07M	-52.30M	-1.53B	-902.02M
Financing Cash Flow	0.00	5.00B	788.29M	-101.40M	807.44M	1.07B

Inox Green Energy Services Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 213.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INOXGREEN, the sentiment is Neutral. The current price of 213.7 is above the 20-day moving average (MA) of 145.15, above the 50-day MA of 159.78, and above the 200-day MA of 185.20, indicating a neutral trend. The MACD of -2.46 indicates Negative momentum. The RSI at 53.98 is Neutral, neither overbought nor oversold. The STOCH value of 83.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:INOXGREEN.

Inox Green Energy Services Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TDPOWERSYS	70 Outperform	₹144.75B	48.62	―	0.23%	40.14%	53.51%
KPIGREEN	66 Neutral	₹81.11B	22.48	―	0.20%	70.67%	59.54%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SWELECTES	58 Neutral	₹8.88B	25.40	―	0.47%	39.01%	-42.51%
INOXGREEN	54 Neutral	₹62.67B	79.81	―	―	24.33%	66.14%
BORORENEW	49 Neutral	₹65.66B	18.86	―	―	7.68%	-114.23%
SWSOLAR	43 Neutral	₹42.36B	-446.21	―	―	112.24%	-474.43%

Inox Green Energy Services Ltd. Corporate Events