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Inox Green share price & results

Inox Green· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's only listed pure-play renewable O&M company servicing ~13+ GWp of wind and solar assets.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue43.0 ₹ crore−23.2% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin-2.2 %−13.2 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit41.0 ₹ crore+86.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity6.64 %+4.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin23.13 %−2.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)16.46 %+29.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 2 judged targets kept · 13 open · verdicts reflect calls analysed to Q1 FY27.

Inox Green management guidance track record on Inve: 15 targets tracked across analysed earnings calls (1 achieved, 1 missed, 13 open).

TargetOriginal wordingSaidLatest callVerdict
Annual Depreciation Eliminationdepreciation of approximately INR50 crores to INR55 crores annually will be eliminated
Call transcript, Q1 FY26 · 1 Sept 2025		Q1 FY26Q1 FY27:Demerger confirmed to be completed on August 1, 2026, cementing the achieved status.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved
Annual Execution Volumeexecution guidance for FY '26 of 1.2 gigawatt
Call transcript, Q1 FY26 · 1 Sept 2025		Q1 FY26Q1 FY27:Promise relates to FY26 and is concluded. No new information.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
Net Working Capital Cycleguided for 120 net working capital cycle
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q1 FY27:Management acknowledged high trade receivables are a concern and expects significant improvement from Q2/Q3 onwards due to pivot to equipment supply. No new target day number provided.
Call transcript, Q1 FY27 · 7 Aug 2026		At Risk

Source: Inve Guidance Tracker for Inox Green · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Inox Green's 15 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹109.39 +0.57% · +₹0.62

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −55.1% 1Y

₹100₹150₹200₹250Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹243.57 on 24 Oct 2025 → ₹109.39. High ₹272.2 (3 Nov 2025), low ₹108.77 (26 Oct 2026).

Previous close
₹108.77
Market cap
₹4.6k Cr
52-week range
₹108.77 – ₹272.2
One year
−57.34%
Price to earnings (TTM to Jun 2026)
37.41×
Return on equity (TTM to Jun 2026)
6.64%

Overview

Symbol
NSE:INOXGREEN
Sector
Services
Exchange
NSE
Currency
INR

What Inox Green does

Based on the company's own presentations, annual report and earnings calls.

Inox Green Energy Services provides long-term operations & maintenance (O&M) services for wind turbine generators (WTGs), solar assets, and the common infrastructure that evacuates power from wind farms onto the grid, under contracts typically running 5-20 years (extendable up to 25 years). A subsidiary of Inox Wind Ltd and part of the INOXGFL Group, it earns annuity-style service fees from renewable-asset owners - PSUs, independent power producers (IPPs) and private investors - for keeping their wind, solar and hybrid installations operating, and offers tiered maintenance packages from basic Annual Maintenance Contracts up to fully Comprehensive O&M Contracts. It also runs value-added services such as turbine refurbishment, booster component sales and carbon-credit trading.

Segments

  • Wind O&M
  • Solar O&M
  • Common infrastructure O&M
Renewable O&M portfolio under management
~13+ GWp (~10.5 GW wind, balance solar)
Geographic footprint
17 states across India
Market position
India's only listed pure-play renewable O&M services company
Track record in wind-energy O&M
>10 years
O&M contract tenor
Long-term contracts of 5-20 years, extendable up to 25 years
Parent / group
Subsidiary of Inox Wind Ltd; part of the INOXGFL Group
Founded 2012Headquarters Vadodara, Gujarat Company website

How the price took the results

close before → close after

Q1 FY27
+2.0%
7 Aug
Q4 FY26
−0.9%
29 May
Q3 FY26
−2.9%
13 Feb
Q2 FY26
−1.1%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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