Inox Green Energy Services logo

Inox Green Energy Services share price

NSE: INOXGREENBSE: 543667Commercial Services & SuppliesSmall Cap

Last close ₹111.36down ₹4.75 (4.09%)BSE ₹111.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹116.11.

52-week range of traded prices to 23 Oct 2026
₹108.46Low, 23 Oct 2026₹279.00High, 3 Nov 2025
Market cap
₹4,673 Cr691st largest listed
P/E
38.6
P/B
2.7
Dividend yield
Nonein the last 12 months
ROE
6.6%
ROCE
0.3%
Debt to equity
0.05
Volume, NSE
23,52,21033.5% delivered

Share price

Daily closes since Nov 2022, adjusted for splits and bonuses, with the demerger of Jul 2026 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−54.6%over a year; with the demerger reinvested −54.3%

ResultsSplit, bonus, rights or demerger20-session average 85,33,673 shares a day, 37.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹43 Crdown 36.96%
Net profit
₹41 Crup 43.88%
Net margin
94.2%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 4 years shown

The years either side of a change of basis do not compare. From the year to Mar 2025, the company reports a discontinued business. From the year to Mar 2026, the company's revenue for that year, ₹281 Cr, differs from its quarters added, ₹293 Cr.

₹ croreSep 2024Filed 26 OctDec 2024Filed 31 JanMar 2025Filed 13 JunJun 2025Filed 14 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 7 Aug
Revenue55.261.168.456.285.981.868.743.3
Net profit6.15.26.422.428.124.728.440.8
Net margin11.0%–9.4%39.8%32.7%30.2%41.3%94.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Dec 2024: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹281 Cr, differs from its quarters added, ₹293 Cr.

Business segments

Share of revenue, year to Mar 2026, consolidated. The year to Mar 2026 ended before the demerger of 31 Jul 2026: these businesses may include ones that left with it.Segment revenue and profit

  • Operation and Maintenance₹243 Crup 3.32%82.3%
  • Consultancy Income₹38 Cr12.7%
  • Power Evacuation₹15 Cr4.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the years to Mar 2025 and Mar 2026: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median80.1Industry median13.9
Price to book

At or below today's level on 21% of 617 trading days over the last 3 years.

LowestHighest
Its median3.1Industry median1.4
EV to EBITDA154.4

At or below today's level on 67% of 617 trading days over the last 3 years.

LowestHighest
Its median93.9Industry median13.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+14.3%+416.9%−77.9%0.0%
3 years+51.2%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters53.70%
  • Foreign institutions8.18%
  • Indian institutions1.93%
  • Individuals and others36.19%
Holder
Inox Wind LimitedPromoter48.92%
Inox Leasing and Finance LimitedPromoter4.74%
Samena Green LtdForeign companies1.77%
Neptune Alpha FundForeign portfolio investors, category I1.51%
Authum Investment and Infrastructure LimitedCompanies1.43%
Samena Special Situations Mauritius IIIForeign portfolio investors, category I1.29%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 1,98,90,000 of its 41,96,02,518 shares locked in.

Mutual funds holding it

9 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 2 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Bought for the first time
5
Added
2
Held unchanged
2
Sold out
6
Fund
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund95,01,0000.43%₹153.0 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Small Cap FundMahindra Manulife Mutual Fund11,99,1930.36%₹19.3 Cr
ICICI Prudential Mutual Fund logoICICI Prudential ESG Exclusionary Strategy FundICICI Prudential Mutual Fund9,37,0071.18%₹15.1 Cr
ITI Mutual Fund logoITI Small Cap FundITI Mutual Fund9,23,6340.41%₹14.9 Cr
ITI Mutual Fund logoITI Flexi Cap FundITI Mutual Fund4,70,8720.48%₹7.58 Cr
ITI Mutual Fund logoITI Value FundITI Mutual Fund1,75,0690.82%₹2.82 Cr
ITI Mutual Fund logoITI Balanced Advantage FundITI Mutual Fund60,3680.30%₹0.97 Cr
ITI Mutual Fund logoITI Business Cycle FundITI Mutual Fund60,3680.83%₹0.97 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund4970.01%₹80,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Diversified Commercial Services, 139 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Inox Green Energy Services in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
RentomojoRENTOMOJO5,548–––––––0.00%
LEAP India logoLEAP IndiaLEAPIND5,408–––––––0.00%
Smartworks Coworking Spaces logoSmartworks Coworking SpacesSMARTWORKS5,029180.49.54.0––5.3%48.7%0.00%
Elevate CampusesELEVATE4,788–––––––0.00%
Quess Corp logoQuess CorpQUESS4,61918.34.013.5−12.1%–22.4%24.5%3.56%
Indiqube Spaces logoIndiqube SpacesINDIQUBE3,288–6.43.4––−18.2%32.5%0.00%
CMS Info Systems logoCMS Info SystemsCMSINFO3,23811.01.35.1+1.7%−21.8%12.5%15.3%2.60%
Hemisphere Properties India logoHemisphere Properties IndiaHEMIPROP2,903–6.7–−5.1%–−2.8%−2.0%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Inox Green Energy Services share price by year

Each calendar year to 2025.Inox Green Energy Services share price history

YearClose at year endChangeHighest closeLowest close
2025210.35+19.0%272.20104.75
2024176.81+68.2%220.80112.70
2023105.10+119.6%107.9538.70
202247.85–62.3040.85
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 23 Nov 2022.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026116.11116.11108.46111.36110.6023,52,21033.5%
22 Oct 2026114.82117.80112.19116.11115.4111,93,93224.2%
21 Oct 2026118.01118.60112.77114.82114.8812,90,46328.7%
19 Oct 2026120.65121.66117.02118.01118.9617,59,08548.3%
16 Oct 2026123.85124.18117.47118.69120.6617,42,70336.2%
15 Oct 2026124.01128.77122.35123.83124.9923,14,38222.9%
14 Oct 2026123.20125.49121.51124.39123.8519,86,10227.8%
13 Oct 2026120.00125.72116.40123.20121.7454,18,92321.4%
12 Oct 2026127.08127.60119.15120.65121.891,51,87,46826.6%
9 Oct 2026117.04135.00112.00128.92128.177,35,89,3366.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Demerger history

Ex-dateEventPrice factorWhat happened
31 Jul 2026Demerger0.9929Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Inox Green Energy Services Limited
NSE symbol
INOXGREEN
BSE code
543667
ISIN
INE510W01014
Industry
Commercial Services & Supplies
Listed
Nov 2022
Face value
₹10
CIN
L45207GJ2012PLC070279
Corporate identity number, the registrar of companies' code for it