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

• Market Cap: ₹57.90B
• Dividend Yield: N/A
• Average Volume (3M): 160.70K
• Price to Earnings (P/E): 266.4
• Beta (1Y): 2.12
• Revenue Growth: 5.32%
• EPS Growth: -39.19%
• Country: IN
• Employees: 314
• Sector: Energy
• Sector Strength: 43
• Industry: Renewable Utilities
• EPS (TTM): 0.17
• Shares Outstanding: 367,016,780
• 10 Day Avg. Volume: 20,674
• 30 Day Avg. Volume: 160,702
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹157.00
• Price Target Upside: -0.48% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: ₹157.00 ▼(-0.48% Downside)

The overall stock score of 52 reflects a company facing significant challenges. The most impactful factor is the financial performance, which shows mixed results with some improvements but ongoing profitability and cash flow concerns. Technical analysis indicates potential short-term weakness, while the high P/E ratio suggests overvaluation. The absence of earnings call insights and corporate events means these factors do not influence the score.

Inox Green Energy Services Ltd. Business Overview & Revenue Model

Company Description

Inox Green Energy Services Ltd. (INOXGREEN) is a prominent player in the renewable energy sector, focusing on providing integrated services for wind power projects. The company specializes in operations and maintenance services for wind turbine generators, ensuring optimal performance and longevity. INOXGREEN is a subsidiary of Inox Wind Limited, a leading wind energy solutions provider in India.

How the Company Makes Money

Inox Green Energy Services Ltd. generates revenue primarily through long-term operations and maintenance contracts with wind farm operators. These contracts typically involve comprehensive services, including regular maintenance, troubleshooting, and performance optimization of wind turbines. The company benefits from its expertise in ensuring high uptime for wind energy projects, which is critical for maximizing electricity generation and profitability for its clients. Additionally, INOXGREEN may engage in strategic partnerships and alliances with other entities in the renewable energy sector to expand its service offerings and enhance revenue streams. However, specific details about additional revenue streams or significant partnerships are not available.

Inox Green Energy Services Ltd. Financial Statement Overview

Summary

Inox Green Energy Services Ltd. presents a mixed financial picture. Revenue growth and improved equity are positive, but profitability and cash flow stability remain concerns. Operational losses and high liabilities highlight the need for strategic focus on sustainable profitability.

Income Statement

The income statement shows moderate performance. Revenue growth has been inconsistent, with a notable increase from 2024 to 2025. However, profit margins have fluctuated, and the company has experienced periods of net losses. The most recent year shows improvement with positive net income, but EBIT remains negative, indicating operational challenges.

Balance Sheet

The balance sheet reflects significant improvement in the company's equity position, with a strong increase in stockholders' equity from 2024 to 2025. The debt-to-equity ratio has improved over the years, suggesting better leverage management. However, total liabilities remain high, indicating potential risk if revenue generation does not stabilize.

Cash Flow

Cash flow analysis reveals a positive trend in operating cash flow in 2025 after negative figures in the previous years. Free cash flow has turned positive, which is encouraging, yet the company still faces challenges with high capital expenditures and significant financing activities. This indicates reliance on external funding for operations.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.36B	2.54B	2.24B	1.72B	1.72B
Gross Profit	358.70M	1.00B	960.00M	1.09B	1.18B
EBITDA	1.07B	933.87M	1.12B	998.07M	772.67M
Net Income	198.10M	-193.20M	279.04M	-49.52M	-277.30M
Balance Sheet
Total Assets	24.87B	21.56B	20.83B	21.21B	18.85B
Cash, Cash Equivalents and Short-Term Investments	2.29B	1.19B	150.42M	1.33B	1.69B
Total Debt	1.81B	5.95B	1.74B	9.04B	6.50B
Total Liabilities	5.13B	10.23B	7.33B	13.14B	11.03B
Stockholders Equity	19.67B	11.27B	13.45B	8.07B	7.82B
Cash Flow
Free Cash Flow	415.00M	-959.00M	-84.08M	-47.83M	248.87M
Operating Cash Flow	457.10M	-255.70M	-78.66M	1.45B	1.01B
Investing Cash Flow	-5.50B	-52.30M	-631.07M	-1.53B	-902.02M
Financing Cash Flow	5.00B	-101.40M	788.29M	-668.56M	1.07B

Inox Green Energy Services Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 157.75
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 157.75 is below the 20-day moving average (MA) of 163.19, below the 50-day MA of 160.82, and above the 200-day MA of 152.58, indicating a neutral trend. The MACD of -0.80 indicates Positive momentum. The RSI at 46.05 is Neutral, neither overbought nor oversold. The STOCH value of 20.52 is Neutral, 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
KPIGREEN	75 Outperform	₹101.59B	28.32		0.14%	68.31%	61.93%
TDPOWERSYS	71 Outperform	₹77.14B	40.75		0.37%	30.63%	48.78%
Sector *	66 Neutral	$14.83B	8.53	6.06%	5.45%	4.59%	-62.54%
SWELECTES	64 Neutral	₹10.07B	79.94		0.45%	101.89%	-79.68%
BORORENEW	55 Neutral	₹77.82B	―		―	7.96%	-48.06%
INOXGREEN	52 Neutral	₹57.90B	266.42		―	5.32%	-39.19%
SWSOLAR	45 Neutral	₹64.75B	59.27		―	108.08%	―

Inox Green Energy Services Ltd. Corporate Events

Inox Green Ventures into Solar O&M with 675 MWp Agreement

Inox Green Energy Services Ltd. has announced its entry into the solar operations and maintenance (O&M) sector by signing an agreement to manage 675 MWp of solar projects for a leading renewable energy company in India. This strategic move is expected to significantly expand Inox Green’s portfolio and leverage growth opportunities in the rapidly expanding solar industry, enhancing its market positioning and offering comprehensive renewable energy solutions.