INOXGREEN

Inox Green Energy Services Limited

NSE
Last Traded Price
₹175.7 3.52 (2.04%)
Open
₹172.18
High
₹177.4
Low
₹168
Prev Close
₹172.18
Industry
Diversified Commercial Services
Market Cap
7054.22 Cr

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Filing History

Recent corporate announcements and filings for INOXGREEN

Business Update Positive
2026-08-27 19:08
- Inox Green Energy Services Limited received credit ratings from Acuite Ratings & Research Limited on August 27, 2026. - Long-term facilities were rated 'ACUITE AA-| Stable'. - Short-term facilities were rated 'ACUITE A1+'.
Business Update Neutral
2026-08-24 20:27
- On August 24, 2026, IGESL announced the allotment of 4,89,82,030 fully paid-up equity shares of IRSL (₹10/- each). - These shares were allotted to eligible IGESL shareholders as per an NCLT-sanctioned Scheme of Arrangement. - IRSL is proceeding with crediting shares to demat accounts and securing listing/trading approvals.
Governance Positive
2026-08-14 13:47
- The 26th Extra-Ordinary General Meeting (EGM) of Inox Green Energy Services Limited was held on August 13, 2026. They passed two resolutions: - Approval to raise funds by issuing equity shares and/or other eligible securities, passed with 99.9992% votes in favour. - Approval of a material related party transaction, passed with 99.9962% votes in favour.
Governance Neutral
2026-08-13 18:17
- The 26th Extra-ordinary General Meeting (EGM) of Inox Green Energy Services Limited was held on 13th August 2026. - Key agenda items approved by members included raising funds through the issuance of equity shares and/or other eligible securities. - Approval was also granted for material related party transactions. - The e-voting results, combining remote e-voting and e-voting at the EGM, will be declared within 2 working days.
Business Update Positive
2026-08-12 18:25
- **INOX Wind Q1 FY27 Performance:** Consolidated Revenue ₹872 Cr, Adjusted EBITDA ₹237 Cr, PAT ₹64 Cr. - **INOX Green Q1 FY27 Performance:** Total Income ₹101 Cr (▲17% YoY), EBITDA ₹57 Cr (▲19% YoY), PAT ₹41 Cr (▲86% YoY). - **INOX Wind Outlook:** Full year FY27 revenue growth guidance of 75% YoY and consolidated EBITDA margin of 20-22%. Business expected to be H2 heavy (70-75% in H2). - **INOX Green Outlook:** O&M business EBITDA margin guidance of ~50% and annualized EBITDA of ₹600 Cr for FY27 (from Q3/Q4 onwards). - **Strategic Initiatives (Inox Wind):** Strategic pivot towards equipment supply, with current order book of ~4.4 GW offering 24-36 months execution visibility. Signed MOU for 1.5 GW with INOX Clean Energy (500 MW firm orders) and LOA for 200 MW from NLC India. First prototype of 4X Wind Turbine model expected to be installed in August 2026, with commercial launch by end of FY26. - **Strategic Initiatives (Inox Green):** NCLT approval received for acquisition of Wind World India Limited (~4.5 GW O&M portfolio), expected completion in Q2 FY27. Demerger of power evacuation infrastructure business to INOX Renewable Solutions (IRSL) completed, making INOX Green an asset-light O&M player. - **Expansion Plans:** IRSL is expanding manufacturing capacity for 4.9 MVA, 8-20 MVA, and 100 MVA+ transformers, and high-value power electronic systems (inverters, unit substations), with USS commercially launching in FY27.
Business Update Neutral
2026-08-07 21:21
- Audio recording of the Investors/Analysts Conference Call held on 07th August, 2026, at 17:00 hrs (IST) is available. - The call discussed financial results for the quarter ended 30th June, 2026. - Link to audio recording: https://www.inoxgreen.com/audio/10045925.mp3
Financials Positive
2026-08-07 16:23
- Total income ₹101 Cr vs ₹86 Cr (▲17% YoY) - EBITDA ₹57 Cr vs ₹48 Cr (▲19% YoY) - PAT ₹41 Cr vs ₹22 Cr (▲86% YoY) - EBITDA Margin 56.44% vs 55.81% (▲63bps)
Financials Negative
2026-08-07 16:08
CRITICAL RED FLAG DETECTED
- Consolidated Revenue from operations ₹4,329 Lakh vs ₹5,236 Lakh (▼17.33% YoY) - EBITDA ₹5,695 Lakh vs ₹4,770 Lakh (▲19.39% YoY) - PAT ₹4,079 Lakh vs ₹2,237 Lakh (▲82.34% YoY) - EBITDA Margin 131.55% vs 91.10% (▲4045bps) - Board approved the re-appointment of Shri Manoj Dixit as Whole-time Director for 2 years and Ms. Bindu Saxena as an Independent Director for 5 years. - Auditors emphasized issues with investments in 6 SPVs where project completion dates expired, extensions were rejected, bank guarantees were invoked, and appeals are ongoing for fund recovery. Inox Wind Limited to bear the costs if funds are unrecoverable.
Financials Negative
2026-08-07 15:56
CRITICAL RED FLAG DETECTED
- Consolidated Operating Revenue ₹4,329 Lakh vs ₹5,236 Lakh (▼17.32% YoY) - Consolidated EBITDA ₹5,695 Lakh vs ₹4,770 Lakh (▲19.39% YoY) - Consolidated PAT ₹4,079 Lakh vs ₹2,237 Lakh (▲82.34% YoY) - Consolidated EBITDA Margin 56.28% vs 55.79% (▲49bps) - The Board re-appointed Shri Manoj Dixit as Whole-time Director for 2 years effective October 8, 2026, and Ms. Bindu Saxena as Independent Director for 5 years effective December 14, 2026. - The company is appealing regulatory decisions related to invoked bank guarantees for SPVs, with Inox Wind Limited potentially bearing costs if funds are unrecoverable.
Business Update Neutral
2026-08-04 19:08
- Concall Schedule - Concall Date: August 07, 2026 - Concall Time: 05:00 PM IST
Business Update Positive
2026-08-03 20:22
- Inox Green Energy Services Limited received NCLT approval to acquire Wind World (India) Limited's O&M business. This adds ~4.5 GW to its portfolio for up to ₹550 Cr, with transfer expected within 60 days, enhancing business growth.
Business Update Positive
2026-07-28 20:36
- NCLT orally approved the resolution plan for Wind World (India) Limited (WWIL) on July 27, 2026. - The plan includes INOXGFL Group companies acquiring WWIL's independent power producer and operations & maintenance businesses.
Business Update Positive
2026-07-22 22:29
- Record Date for the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited (IRSL) is Saturday, August 1, 2026. - Shareholders of Inox Green will receive 122 equity shares of IRSL for every 1,000 shares held.
Ownership Neutral
2026-07-22 20:04
- Intimation of Record Date for Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited. - Record Date: Saturday, August 1, 2026. - Share Exchange Ratio: 122 equity shares of Inox Renewable Solutions Limited for every 1,000 shares held in Inox Green Energy Services Limited.
Governance Positive
2026-07-22 19:30
- 26th Extra-Ordinary General Meeting (EGM) to be held on Thursday, August 13, 2026, at 3:00 P.M. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). - Agenda includes approval for raising funds up to ₹600 Crore through issuance of equity shares and/or other eligible securities. - Also includes approval for a material related party transaction with Inox Wind Limited (Holding and Promoter) for credit enhancement support up to ₹500 Crore.
Governance Positive
2026-07-22 16:51
- Board of Directors approved raising funds aggregating up to ₹600 Crore. This includes a base issue size of ₹400 Crore and a green shoe option of ₹200 Crore. - Funds can be raised through various instruments including equity shares, preference shares, or debentures via methods like preferential allotment, private placement, or QIP. - Approved convening an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for the fundraise.
Routine Neutral
2026-06-30 18:40
- Inox Green Energy Services Limited announced the closure of its trading window. - The trading window will remain closed from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. - This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update Neutral
2026-06-17 20:32
- CRISIL Ratings revised the outlook on the Company's long-term bank facilities to 'Watch Developing'. - Long-term rating reaffirmed at 'CRISIL A'. - Short-term rating reaffirmed at 'CRISIL A1'.
Business Update Positive
2026-06-02 17:27
- Inox Green Energy Services (IGESL) provided FY27 guidance: Consolidated revenue to grow ~75% over FY26, EBITDA margin 20-20.5%, and EBITDA upwards of ₹600 Cr. - IGESL expects a multifold increase in consolidated EBITDA and PAT for FY27 due to acquisitions of 6.5 GW operational wind O&M assets. - Demerger of evacuation infrastructure business from IGESL was approved by NCLT, expected to complete in 1-2 months, which will improve profitability and ROCE. - Inox Wind (IWL) has a strong order book of 3.1 GW (added ~600 MW in FY26), providing 24+ months execution visibility. - IWL expects 75% revenue growth on FY26's ₹4,500 Cr, translating to ~₹7,500 Cr for the next fiscal year. - IWL is strategically pivoting from 100% turnkey to 75-80% equipment supply to improve working capital and margins. - Launch of new 4.4-MW turbine is on track for commercial launch in the current calendar year, expected to help penetrate deeper and improve margins. - Management expressed confidence in achieving growth targets, leveraging group synergies, and addressing past operational challenges like payment delays in PSU contracts and supply chain disruptions.
Business Update Neutral
2026-05-29 21:14
Inox Green Energy Services Limited announced the availability of the audio recording of its Investors/Analysts Conference Call held on May 29, 2026, at 17:00 IST. The call followed the submission of the company's Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026. The recording link is provided for access.
Financials Neutral
2026-05-29 16:10
CRITICAL RED FLAG DETECTED
Inox Green Energy Services Limited reported Consolidated Revenue of ₹68.67 Cr vs ₹64.54 Cr (▲6.40% YoY), EBITDA of ₹57.17 Cr vs ₹29.56 Cr (▲93.33% YoY), and PAT of ₹28.35 Cr vs ₹6.44 Cr (▲340.22% YoY) for the quarter ended March 31, 2026. EBITDA Margin expanded to 47.85% vs 34.65% (▲1320bps).
Business Update Neutral
2026-05-25 18:40
Inox Green Energy Services Limited has scheduled a conference call for analysts and institutional investors on Friday, May 29, 2026, at 5:00 P.M. (IST). The call will follow the announcement of audited financial results for the quarter and financial year ended March 31, 2026. Mr. Devansh Jain, Executive Director, and Senior Management will participate in the call.
Governance Neutral
2026-05-04 18:31
Inox Green Energy Services Limited announced that its Scheme of Arrangement with Inox Renewable Solutions Limited became effective on May 4, 2026. This follows the filing of the certified NCLT Order with the Registrar of Companies on the same day. The Appointed Date for the scheme is October 1, 2024, finalizing the corporate restructuring process.
Business Update Positive
2026-04-28 18:38
Inox Green Energy Services Limited received NCLT approval on April 27, 2026, for the Scheme of Arrangement to demerge its Power Evacuation Business into Inox Renewable Solutions Limited, effective October 1, 2024. The NCLT order was pronounced on March 13, 2026.

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