| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 43.3 | 56.2 | −23.0% |
| EBITDA | −0.9 | 6.1 | — |
| EBITDA margin | −2.2% | 10.9% | −13.1 pts |
| Profit before tax | 54.5 | 33.0 | +65.1% |
| Net profit | 40.8 | 22.4 | +82.3% |
| EPS | ₹1.01 | ₹0.58 | +74.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,886 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 86.9 | 86.9 | 187 | 10.9 | 3.8 | ||
| 8.0 | 8.0 | 6.9 | 4.9 | 5.1 | ||
| 88.3 | 88.3 | 181 | 174 | 595 | ||
| 3,895 | — | — | — | — | ||
| 280 | 281 | 236 | 224 | 254 | ||
| — | +19.3% | +5.0% | −11.8% | — | ||
| 27.6 | 23.1 | 52.0 | 74.9 | 57.5 | ||
| 9.9% | 8.2% | 22.1% | 33.4% | 22.6% | ||
| 5.9 | 21.4 | −1.3 | 21.9 | −7.8 | ||
| 122 | 103 | 21.9 | 27.7 | −20.4 | ||
| 43.6% | 36.8% | 9.3% | 12.3% | −8.0% | ||
| ₹3.30 | ₹2.79 | ₹0.53 | ₹0.76 | −₹0.53 | ||
| — | +428.1% | −30.5% | +244.5% | — | ||
| — | 66.9 | 60.4 | −7.9 | −25.6 | ||
| — | −1.8 | −4.2 | −0.5 | −70.3 | ||
| 65.1 | 65.1 | 56.2 | −8.4 | −95.9 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,886.0 | |
| - Cash, Equiv & ST Investments | 3.8 | 10.9 | 187.1 | 86.9 | 86.9 | |
| + Minority Interest | 5.1 | 4.9 | 6.9 | 8.0 | 8.0 | |
| + Total Debt | 595.0 | 173.8 | 180.9 | 88.3 | 88.3 | |
| Enterprise Value | — | — | — | — | 3,895.4 | |
| Revenue | 254.2 | 224.3 | 235.6 | 281.0 | 279.6 | |
| Growth %, YoY | — | -11.8 | +5.0 | +19.3 | — | |
| EBITDA | 57.5 | 74.9 | 52.0 | 23.1 | 27.6 | |
| Margin % | 22.61 | 33.38 | 22.05 | 8.22 | 9.86 | |
| EBIT | -7.8 | 21.9 | -1.3 | 21.4 | 5.9 | |
| Net Income | -20.4 | 27.7 | 21.9 | 103.5 | 121.9 | |
| Margin % | -8.01 | 12.34 | 9.28 | 36.81 | 43.58 | |
| EPS, Adj (current shares) | -0.53 | 0.76 | 0.53 | 2.79 | 3.30 | |
| Growth %, YoY | — | +244.5 | -30.5 | +428.1 | — | |
| Cash from Operations | -25.6 | -7.9 | 60.4 | 66.9 | — | |
| Capital Expenditures | -70.3 | -0.5 | -4.2 | -1.8 | — | |
| Free Cash Flow | -95.9 | -8.4 | 56.2 | 65.1 | 65.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Inox Green Energy Services (NSE: INOXGREEN) had a market capitalisation of ₹4,287 crore at the 29 October 2026 close (₹106.77 a share), a PE ratio of 35.4 on the last four quarters' profit and a price-to-book ratio of 2.51. In FY26 its consolidated net profit was ₹102 crore on revenue of ₹281 crore; in Q1 FY27 (April–June 2026) it was ₹40.7 crore, up 84.9% year on year. Its debt-to-equity ratio was 0.05 on 31 March 2026. Promoters held 53.70% of the shares on 30 September 2026.
Inox Green Energy Services' PE ratio is 35.4 at the 29 October 2026 close (₹106.77 a share): a market capitalisation of ₹4,287 crore divided by consolidated net profit of ₹121 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹102 crore) it is 41.9.
Inox Green Energy Services' price-to-book (PB) ratio is 2.51 at the 29 October 2026 close: a market capitalisation of ₹4,287 crore divided by shareholders' equity (book value) of ₹1,707 crore on 31 March 2026. That is a book value of ₹42.52 per share against a share price of ₹106.77.
Inox Green Energy Services' book value per share was ₹42.52 on 31 March 2026: shareholders' equity of ₹1,707 crore divided by the 40.15 crore shares in issue, down 20.7% from ₹53.60 a year earlier. The share price at the 29 October 2026 close was ₹106.77.
Inox Green Energy Services' market capitalisation was ₹4,287 crore at the 29 October 2026 close: 40.15 crore shares at ₹106.77 each.
No. Inox Green Energy Services had borrowings of ₹88.3 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.05. Its cash and current investments were ₹505 crore, so it held net cash of ₹416 crore.
Inox Green Energy Services' basic earnings per share (EPS) were ₹2.74 in FY26, against ₹0.62 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹3.11.
Inox Green Energy Services' debt-to-equity ratio was 0.05 on 31 March 2026: borrowings of ₹88.3 crore against total equity of ₹1,715 crore. A year earlier, on 31 March 2025, it was 0.09.
In FY26 (April 2025–March 2026), Inox Green Energy Services' consolidated net profit was ₹102 crore, up 428.1% from ₹19.4 crore in FY25, on revenue from operations of ₹281 crore (up 19.3%).
Inox Green Energy Services has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Inox Green Energy Services' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,707 crore on 31 March 2026, down 13.2% from ₹1,967 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,287 crore at the 29 October 2026 close.
In FY26, Inox Green Energy Services' return on equity (ROE) was 5.6% and its return on capital employed (ROCE) was 1.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.2% and ROCE −0.1%.
At the 29 October 2026 closing prices, on FY26 net profit, Inox Green Energy Services' PE ratio is 41.9, the second highest of the four: Inox Wind 25.3, Suzlon Energy 16.0 and Le Travenues Technology 86.9, a peer average of 42.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Promoters held 53.70% of Inox Green Energy Services on 30 September 2026, down 2.42 percentage points from 56.12% the previous quarter and down 2.27 percentage points from 55.97% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Inox Green Energy Services generated ₹66.9 crore of cash from operations and spent ₹1.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹65.1 crore. In FY25 it was ₹56.2 crore.
Inox Green Energy Services' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit ₹40.7 crore, up 84.9% from ₹22 crore in Q1 FY26; revenue from operations ₹43.3 crore, down 23.0% year on year.
On 30 September 2026, Inox Green Energy Services' shares were held by promoters 53.70%, foreign portfolio investors (FII/FPI) 8.18%, domestic institutions (DII) 1.93% (including mutual funds at 1.69%) and retail and other non-institutional investors 36.19%. Over the year, FII holding was up 0.30 percentage points from 7.88% and DII holding was up 0.85 percentage points from 1.08%.
On FY26 consolidated figures, against Inox Wind, Suzlon Energy and Le Travenues Technology: Inox Green Energy Services' operating margin of 7.6% is the third highest of the four (Inox Wind 15.6%, Suzlon Energy 16.2%, Le Travenues Technology 4.7%; peer average 12.2%); its return on equity of 5.6% is the third highest of the four (Inox Wind 7.1%, Suzlon Energy 40.6%, Le Travenues Technology 5.4%; peer average 17.7%); its revenue growth over three years of 3.4% a year is the lowest of the four (Inox Wind 81.4% a year, Suzlon Energy 41.0% a year, Le Travenues Technology 34.8% a year; peer average 52.4% a year).
In FY26, Inox Green Energy Services earned net profit of ₹102 crore on revenue of ₹281 crore, against ₹405 crore on ₹4,397 crore for Inox Wind. Inox Green Energy Services' operating margin was 7.6% (Inox Wind 15.6%) and its return on equity 5.6% (Inox Wind 7.1%). At the 29 October 2026 close, Inox Green Energy Services' market capitalisation was ₹4,287 crore against ₹10,228 crore for Inox Wind, and its PE ratio on FY26 profit 41.9 against 25.3.
From Inox Green Energy Services' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.