# Inox Green Energy Services share price today (Inox Green Energy Services Ltd, NSE: INOXGREEN)

> Inox Green Energy Services share price today: ₹114.81 at the NSE close on 3 November 2026, down 55.8% in a year. Inox Green Energy Services (NSE: INOXGREEN) is worth ₹4,809 crore, trades at a P/E of 39.2 and has closed between ₹101.82 and ₹257.67 over the past 52 weeks. > Inox Green Energy Services Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. INOXGREEN · Miscellaneous · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/inox-green-energy-services-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹114.81 (−55.8% in a year)
- P/E: 39.2× (lower than 99% of the last 3.2 years)
- Revenue (Jun 2026): ₹43.0 Cr (−23.2% on a year ago)
- Profit (Jun 2026): ₹41.0 Cr (+86.4% on a year ago)
- Operating margin: −2.2% (−13.2 points on a year ago)
- ROCE: 8%, FY26
- Profit that came in as cash: 78%, last 3 years

The main question: yearly earnings per share moved +372.2% while the share price moved −55.8%. ## What is the Inox Green Energy Services share price today? Inox Green Energy Services Ltd's share price was ₹114.81 at the close on 3 November 2026. It has been falling for 5 weeks. That is 31.0% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. In the last 52 weeks it traded between ₹102 and ₹258, and at that close it sat 8% of the way up from that low. Over the last 3.9 years the share price moved +89% while the NIFTY 500 moved +37%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Inox Green Energy Services this quarter? 4 points in one quarter. 1. Revenue fell in the June 2026 quarter Revenue was ₹43 crore, -23.2% on a year earlier (₹56 crore), after 7 quarters of growth. 2. Operating margin down 13.2 points on a year earlier -2.2% in the June 2026 quarter, from 11%. Why: The company spent money on upgrading wind farm infrastructure, extending turbine life and major overhauls, but did not bill customers separately for that work. Next results: check whether the company starts billing separately for overhauls and life extension, which would make the operating income clearer. From the earnings call on 7 Aug 2026. 3. Promoters cut their stake by 2.4 points in one quarter From 56.1% to 53.7% in the September 2026 quarter. ## What are Inox Green Energy Services' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Inox Green Energy Services reported revenue of ₹43.0 crore, down 23.2% from ₹56.0 crore a year earlier, and a profit of ₹41.0 crore, up 86.4% from ₹22.0 crore. ### Inox Green Energy Services results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹43.0 crore | ₹56.0 crore | −23.2% |
| Profit | ₹41.0 crore | ₹22.0 crore | +86.4% |
| Earnings per share | ₹1.01 | ₹0.60 | +68.3% |
| Operating margin | −2.2% | 11.0% | −13.2 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Inox Green Energy Services' management discussed these results on a call held on 7 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Inox Green Energy Services share price history? Inox Green Energy Services closed at ₹114.81 on 3 November 2026, down 55.8% from ₹259.50 a year earlier (31 October 2025) and up 86.9% over three years. Its highest weekly close since November 2022 was ₹259.50 on 31 October 2025. ### Inox Green Energy Services share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹111.36 | +3.1% |
| 1 month ago · 1 Oct 2026 | ₹159.00 | −27.8% |
| 6 months ago · 30 Apr 2026 | ₹175.96 | −34.8% |
| 1 year ago · 31 Oct 2025 | ₹259.50 | −55.8% |
| 3 years ago · 3 Nov 2023 | ₹61.43 | +86.9% |
| Earliest weekly close in our records · 25 Nov 2022 | ₹60.66 | +89.3% |
| Highest weekly close since November 2022 · 31 Oct 2025 | ₹259.50 | −55.8% |
| Lowest weekly close since November 2022 · 13 Apr 2023 | ₹37.68 | +204.7% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹257.67 | −55.4% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹101.82 | +12.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (212 weekly closes from 25 November 2022 to 3 November 2026.)

## What is the latest news on Inox Green Energy Services? 3 Nov 2026: Inox Green Energy Services closed at ₹114.81, up 3.1% on the week and down 27.8% on the month. 7 Aug 2026: Inox Green Energy Services held its results call for April to June 2026. Management guided: FY27 Inox Wind consolidated revenue growth of 75% and operating margin of 20-22%. ### Earlier

- Results for April to June 2026: Revenue down 23.2% and profit up 86.4% on a year earlier. ## What dividend does Inox Green Energy Services pay? Inox Green Energy Services has paid no dividend on the NSE since its first NSE close in our records (25 November 2022), the start of the period we checked. No. Inox Green Energy Services Ltd paid out 0% of its profit as dividends in each of its last 9 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Inox Green Energy Services management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, Inox Green Energy Services' management guided: FY27 Inox Wind consolidated revenue growth of 75% and operating margin of 20-22%. > “We have 4.4 gigawatt of orders in the backlog to be executed, and 70% of that comes from equipment supply.”
> Vibhu, on the call for April to June 2026

### What management guided

- FY27 operating profit guidance of ₹600 crore retained, annualized from Q3/Q4 onward; Inox Green O&M margin framework at 50% excluding treasury income. - H2 expected to account for 70-75% of annual business. - WWIL acquisition formalities and financial consolidation expected in July to September 2026; life-extension services to extend across the acquired fleet toward 35-year turbine lives. - 4X prototype installation in August and commercial launch by FY27-end; higher models contingent on market demand. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/47619/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026.)

## What to watch in Inox Green Energy Services' next results? When Inox Green Energy Services reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: WWIL completion and consolidation - verify contract transfer, integration progress and first reported contribution. - What to check (from the call)
- WWIL completion and consolidation - verify contract transfer, integration progress and first reported contribution. - Equipment-supply pivot - test the indicated financial and cash-conversion inflection. - O&M value-added billing - check separate invoicing for overhauls and life extension and resulting operating-income visibility. - IRSL listing and expansion - verify procedural progress and transformer, crane and power-electronics milestones. ## Which stock lists is Inox Green Energy Services on? Inox Green Energy Services is on one of our India lists: Power & green energy stocks. [Power & green energy stocks Group on the list: Renewable power producers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Inox Green Energy Services profitable? Inox Green Energy Services Ltd earned ₹41.0 Cr of net profit in the Jun 2026 quarter, +86.4% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹103 Cr. That is 95.3% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹103 Cr (+368.2% on the year before). Why profit moved: revenue changed −23.2% on a year earlier and the margin moved −13.2 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +305.0% and revenue +16.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Inox Green Energy Services make, and is it growing? Inox Green Energy Services Ltd reported ₹43.0 Cr of revenue in the Jun 2026 quarter, −23.2% on the same quarter a year earlier. Over 8 years it has grown −3.3% a year on average. The last full year, FY26, came in at ₹281 Cr. The last four reported quarters add to ₹276 Cr. FY26 revenue was ₹281 Cr, +27.7% on the year before. Recent pace: the last four quarters grew +16.8% on average, against −3.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +16.5%, against +14.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +212.8%, against +101.7% a year (accelerating). ## How much of every ₹100 of sales does Inox Green Energy Services keep? Inox Green Energy Services Ltd's operating margin was −2.2% in the Jun 2026 quarter, 13.2 percentage points lower than the same quarter a year ago. Across 9 years it has been between 4.2% and 53.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −13.1 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Inox Green Energy Services' profit turning into cash? Over the last 3 years, 78% of Inox Green Energy Services Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹67.0 Cr of operating cash against ₹103 Cr of profit. After −₹688 Cr of spending on assets, ₹755 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Inox Green Energy Services' cash go? Inox Green Energy Services Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹281 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹1,025 Cr. Over the last 3 years, money from selling assets was ₹1,025 Cr more than it spent on new ones. Work still in progress is ₹6.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Inox Green Energy Services' P/E ratio, and how does it compare with its own history? Inox Green Energy Services Ltd's P/E is 39.2×, about the lowest it has ever been. Its usual P/E (the middle reading) is 152.2×, over 3.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹3.12. Why the multiple is where it is: over the past year earnings per share moved +372.2% while the price moved −55.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +23.2% a year; about +80.1% a year came from earnings growth and about −56.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 15% on reported income across 14 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Inox Green Energy Services business getting better or worse? Inox Green Energy Services Ltd's business is giving mixed signals. Growth has been steadily positive, but ROCE at 8.0% is below the 15% level needed to call it steady growth. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Inox Green Energy Services earn on its capital? Inox Green Energy Services Ltd earned a ROCE of 8% in FY26. That is up from a low of 1% in FY23. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 36.7% net margin and 0.13× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 36.7% net margin × 0.13× asset turnover × 1.22× leverage (assets divided by equity) ≈ 5.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 15% on reported income across 14 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Inox Green Energy Services have too much debt? Inox Green Energy Services Ltd had ₹88.0 Cr of borrowings against ₹1,708 Cr of equity in FY26, so its debt is 0.05× its equity. Its operating profit is 3 times its interest bill. Over 5 years borrowings went from ₹1,411 Cr to ₹88.0 Cr. Over the last 3 of those years it sold more assets than it bought, by ₹1,025 Cr. The spending on assets is being paid for from cash, not new debt. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 15% on reported income across 14 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Inox Green Energy Services shareholding pattern? Promoters cut their stake in Inox Green Energy Services Ltd by 2.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 53.7% of the company. Domestic institutions moved −1.8 points over the same period, to 1.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −2.2 points over 8 quarters, to 53.7%; Domestic institutions: −1.8 points over 8 quarters, to 1.9%; Foreign institutions: −0.6 points over 8 quarters, to 8.2%. Why the owners changed: promoters drove it (−2.2 points), together with domestic institutions (−1.8 points). They reduced their stake. ## How far is Inox Green Energy Services from balance-sheet trouble? For Inox Green Energy Services Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Inox Green Energy Services rank in its industry? 41.1 out of 100, rank 21 of 40 in Miscellaneous, with 71% of the evidence available. Inox Green Energy Services Ltd scores 41.1 out of 100 against the 40 companies it is compared with in Miscellaneous, ranking 21. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.2 + 9.3 + 9.9 + 0.7 = 41.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Inox Green Energy Services compared with? Inox Green Energy Services ranks 21 of 40 Miscellaneous companies on the 4-Factor Sector Score, with 41.1 out of 100. 1. [Global Education Ltd](https://www.sectoralpha.in/stocks/global-education-ltd) GLOBAL · breaking out · Most evidence points up · 89% evidence 71.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 28.2% · Profit 3.3% · Operating margin change 0.3 points · 88% evidence Capital efficiency 21.3/25 · ROCE 29.2% · Operating margin 41% · 100% evidence Valuation 14.4/20 · P/E 28.1× · PEG 0.67 · 65% evidence Relative strength 19.9/20 · Lead over its industry 45% · Lead over NIFTY 500 44.6% · 1 year 103.5% · 100% evidence · 9 of 12 weeks ahead Exact sum: 16.1 + 21.3 + 14.4 + 19.9 = 71.7 · What this means: Relative strength against the index is 44.6%, and revenue and profit growth are weak. 2. [Sagility Ltd](https://www.sectoralpha.in/stocks/sagility-ltd) SAGILITY · losing its lead · Most evidence points up · 78% evidence 66.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.6/35 · Revenue 28.5% · Profit 28.4% · Operating margin change 0 points · 100% evidence Capital efficiency 17.4/25 · ROCE 13.4% · Operating margin 25% · 100% evidence Valuation 15.6/20 · P/E 18.6× · PEG 0.37 · 65% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.3% · 1 year -19.9% · 25% evidence · 9 of 12 weeks ahead Exact sum: 23.6 + 17.4 + 15.6 + 9.6 = 66.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Gulshan Polyols Ltd](https://www.sectoralpha.in/stocks/gulshan-polyols-ltd) GULPOLY · quiet · Evidence leans up · 96% evidence 64.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 9.4% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 19.4/25 · ROCE 18.6% · Operating margin 13% · 100% evidence Valuation 14.6/20 · P/E 6× · PEG 1.48 · 100% evidence Relative strength 4.4/20 · Lead over its industry -10.5% · Lead over NIFTY 500 -10.4% · 1 year -5.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 26.2 + 19.4 + 14.6 + 4.4 = 64.6 · What this means: Earnings are strong; relative strength in its sector is -10.5% and the one-year return is -5.9%. 4. [Shree Vasu Logistics Ltd](https://www.sectoralpha.in/stocks/shree-vasu-logistics-ltd) SVLL · leader · Evidence leans up · 64% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 47.4% · Profit 100% · Operating margin change 0.8 points · 88% evidence Capital efficiency 18.6/25 · ROCE 20.5% · Operating margin 25.8% · 100% evidence Valuation 8.9/20 · P/E 119× · PEG n/a · 15% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 14% · 1 year -0.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 18.6 + 8.9 + 11.8 = 62.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [R K Swamy Ltd](https://www.sectoralpha.in/stocks/r-k-swamy-ltd) RKSWAMY · Evidence leans up · 69% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/43.75 · Revenue 14.3% · Profit 17.3% · Operating margin change 2.6 points · 88% evidence Capital efficiency 19.5/31.25 · ROCE 12.3% · Operating margin 10.4% · 100% evidence Valuation 17.0/25 · P/E 19.5× · PEG 0.77 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 26 + 19.5 + 17 = 62.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 6. [Aeroflex Enterprises Ltd](https://www.sectoralpha.in/stocks/aeroflex-enterprises-ltd) AEROENTER · turning · Evidence leans up · 71% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue 27.5% · Profit 100% · Operating margin change -5 points · 83% evidence Capital efficiency 13.6/25 · ROCE 12.6% · Operating margin 9% · 76% evidence Valuation 11.4/20 · P/E 9.3× · PEG n/a · 15% evidence Relative strength 17.4/20 · Lead over its industry 28.1% · Lead over NIFTY 500 27.6% · 1 year 43.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 19.2 + 13.6 + 11.4 + 17.4 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Blue Water Logistics Ltd](https://www.sectoralpha.in/stocks/blue-water-logistics-ltd) BLUEWATER · Evidence leans up · 64% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 163.3% · Profit 169.2% · Operating margin change -2 points · 88% evidence Capital efficiency 17.1/25 · ROCE 31.4% · Operating margin 11% · 100% evidence Valuation 10.8/20 · P/E 15.4× · PEG n/a · 15% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 83.1% · 1 year n/a · 25% evidence Exact sum: 20.4 + 17.1 + 10.8 + 12.5 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Anlon Technology Solutions Ltd](https://www.sectoralpha.in/stocks/anlon-technology-solutions-ltd) ANLON · breaking out · Too little evidence to rank firmly · 54% evidence 58.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 28% evidence Capital efficiency 18.6/25 · ROCE 27.1% · Operating margin 20% · 75% evidence Valuation 7.0/20 · P/E 36× · PEG 1.51 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 31.2% · 1 year n/a · 25% evidence · 5 of 5 weeks ahead Exact sum: 21 + 18.6 + 7 + 12.2 = 58.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Eveready Industries India Ltd](https://www.sectoralpha.in/stocks/eveready-industries-india-ltd) EVEREADY · basing · Evidence leans up · 66% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 9.8% · Profit 100% · Operating margin change -1 points · 74% evidence Capital efficiency 15.6/25 · ROCE 17.2% · Operating margin 12% · 100% evidence Valuation 11.6/20 · P/E 12.9× · PEG n/a · 50% evidence Relative strength 10.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.8% · 1 year -18% · 25% evidence · 3 of 12 weeks ahead Exact sum: 19.4 + 15.6 + 11.6 + 10 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Prozone Realty Ltd](https://www.sectoralpha.in/stocks/prozone-realty-ltd) PROZONER · breaking out · Evidence leans up · 68% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue -9.9% · Profit 100% · Operating margin change 8.2 points · 83% evidence Capital efficiency 7.5/25 · ROCE 6% · Operating margin -35.6% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 17.0/20 · Lead over its industry 4.5% · Lead over NIFTY 500 5.1% · 1 year -26.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 21.4 + 7.5 + 10 + 17 = 55.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [TruAlt Bioenergy Ltd](https://www.sectoralpha.in/stocks/trualt-bioenergy-ltd) TRUALT · quiet · Evidence leans up · 68% evidence 53.4 out of 100 Growth Capital Valuation Relative
12. [Jindal Photo Ltd](https://www.sectoralpha.in/stocks/jindal-photo-ltd) JINDALPHOT · turning · Evidence leans up · 76% evidence 53.0 out of 100 Growth Capital Valuation Relative
13. [Aegis Vopak Terminals Ltd](https://www.sectoralpha.in/stocks/aegis-vopak-terminals-ltd) AEGISVOPAK · quiet · Evidence leans up · 60% evidence 52.2 out of 100 Growth Capital Valuation Relative
14. [Jai Corp Ltd](https://www.sectoralpha.in/stocks/jai-corp-ltd) JAICORPLTD · basing · Too little evidence to rank firmly · 56% evidence 51.2 out of 100 Growth Capital Valuation Relative
15. [GMR Airports Ltd](https://www.sectoralpha.in/stocks/gmr-airports-ltd) GMRAIRPORT · quiet · Evidence leans down · 83% evidence 49.1 out of 100 Growth Capital Valuation Relative
16. [Parin Enterprises Ltd](https://www.sectoralpha.in/stocks/parin-enterprises-ltd) PARIN · losing its lead · Evidence leans down · 63% evidence 48.3 out of 100 Growth Capital Valuation Relative
17. [Anzen India Energy Yield Plus Trust](https://www.sectoralpha.in/stocks/anzen-india-energy-yield-plus-trust) ANZEN · losing its lead · Too little evidence to rank firmly · 52% evidence 47.5 out of 100 Growth Capital Valuation Relative
18. [TCC Concept Ltd](https://www.sectoralpha.in/stocks/tcc-concept-ltd) TCC · quiet · Evidence leans down · 71% evidence 47.1 out of 100 Growth Capital Valuation Relative
19. [Shipping Corporation of India Land & Assets Ltd](https://www.sectoralpha.in/stocks/shipping-corporation-of-india-land-assets-ltd) SCILAL · basing · Evidence leans down · 90% evidence 45.5 out of 100 Growth Capital Valuation Relative
20. [Aqylon Nexus Ltd](https://www.sectoralpha.in/stocks/aqylon-nexus-ltd) AQYLON · basing · Evidence leans down · 71% evidence 43.5 out of 100 Growth Capital Valuation Relative
21. Inox Green Energy Services Ltd this page INOXGREEN · quiet · Evidence leans down · 71% evidence 41.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 16.5% · Profit 100% · Operating margin change -13.2 points · 83% evidence Capital efficiency 9.3/25 · ROCE 8.1% · Operating margin -2.2% · 76% evidence Valuation 9.9/20 · P/E 34.8× · PEG n/a · 15% evidence Relative strength 0.7/20 · Lead over its industry -38.9% · Lead over NIFTY 500 -38.7% · 1 year -60.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 9.3 + 9.9 + 0.7 = 41.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 22. [Delta Corp Ltd](https://www.sectoralpha.in/stocks/delta-corp-ltd) DELTACORP · breaking out · Evidence leans down · 67% evidence 41.1 out of 100 Growth Capital Valuation Relative
23. [GKW Ltd](https://www.sectoralpha.in/stocks/gkw-ltd) GKWLIMITED · turning · Evidence leans down · 61% evidence 38.5 out of 100 Growth Capital Valuation Relative
24. [Kaveri Seed Company Ltd](https://www.sectoralpha.in/stocks/kaveri-seed-company-ltd) KSCL · basing · Evidence leans down · 76% evidence 37.3 out of 100 Growth Capital Valuation Relative
25. [IIRM Holdings India Ltd](https://www.sectoralpha.in/stocks/iirm-holdings-india-ltd) IIRM · quiet · Evidence leans down · 64% evidence 36.8 out of 100 Growth Capital Valuation Relative
26. [Unitech Ltd](https://www.sectoralpha.in/stocks/unitech-ltd) UNITECH · basing · Evidence leans down · 68% evidence 35.6 out of 100 Growth Capital Valuation Relative
27. [Stanley Lifestyles Ltd](https://www.sectoralpha.in/stocks/stanley-lifestyles-ltd) STANLEY · quiet · Most evidence points down · 64% evidence 34.3 out of 100 Growth Capital Valuation Relative
28. [Embassy Developments Ltd](https://www.sectoralpha.in/stocks/embassy-developments-ltd) EMBDL · quiet · Most evidence points down · 61% evidence 27.2 out of 100 Growth Capital Valuation Relative
29. [RattanIndia Enterprises Ltd](https://www.sectoralpha.in/stocks/rattanindia-enterprises-ltd) RTNINDIA · basing · Most evidence points down · 61% evidence 24.8 out of 100 Growth Capital Valuation Relative
30. Exhicon Events Media Solutions Ltd losing its lead · Too little evidence to rank firmly · 42% evidence 58.0 out of 100 Growth Capital Valuation Relative
31. [Central Mine Planning & Design Institute Ltd](https://www.sectoralpha.in/stocks/central-mine-planning-design-institute-ltd) CMPDI · quiet · Too little evidence to rank firmly · 38% evidence 57.3 out of 100 Growth Capital Valuation Relative
32. [Take Ltd](https://www.sectoralpha.in/stocks/take-solutions-ltd) TAKE · Too little evidence to rank firmly · 38% evidence 55.8 out of 100 Growth Capital Valuation Relative
33. [Fabtech Cleanrooms Ltd](https://www.sectoralpha.in/stocks/fabtech-cleanrooms-ltd) breaking out · Too little evidence to rank firmly · 41% evidence 54.8 out of 100 Growth Capital Valuation Relative
34. [Devson Catalyst Ltd](https://www.sectoralpha.in/stocks/devson-catalyst-ltd) Too little evidence to rank firmly · 15% evidence 52.9 out of 100 Growth Capital Valuation Relative
35. [Qualitek Labs Ltd](https://www.sectoralpha.in/stocks/qualitek-labs-ltd) breaking out · Too little evidence to rank firmly · 31% evidence 49.9 out of 100 Growth Capital Valuation Relative
36. [Indiqube Spaces Ltd](https://www.sectoralpha.in/stocks/indiqube-spaces-ltd) INDIQUBE · turning · Too little evidence to rank firmly · 46% evidence 47.7 out of 100 Growth Capital Valuation Relative
37. [Maagh Advertising & Marketing Services Ltd](https://www.sectoralpha.in/stocks/maagh-advertising-marketing-services-ltd) Too little evidence to rank firmly · 21% evidence 47.5 out of 100 Growth Capital Valuation Relative
38. [Lords Mark Industries Limited](https://www.sectoralpha.in/stocks/lords-mark-industries-limited) quiet · Too little evidence to rank firmly · 43% evidence 45.7 out of 100 Growth Capital Valuation Relative
39. [Tandhan Industries Ltd](https://www.sectoralpha.in/stocks/tandhan-industries-ltd) turning · Too little evidence to rank firmly · 37% evidence 42.4 out of 100 Growth Capital Valuation Relative
40. [Shree Rama Newsprint Ltd](https://www.sectoralpha.in/stocks/shree-rama-newsprint-ltd) RAMANEWS · Too little evidence to rank firmly · 48% evidence 32.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Miscellaneous](https://www.sectoralpha.in/sectors/miscellaneous), all 40 compared on one page. ## Which companies are close to Inox Green Energy Services in size? Inox Green Energy Services is the 6th largest of 40 Miscellaneous companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sagility, Central Mine Planning & Design Institute and Embassy Developments. Just below it: Indiqube Spaces, Kaveri Seed Company and RattanIndia Enterprises. ### Miscellaneous companies close in size

1. [Sagility Ltd](https://www.sectoralpha.in/stocks/sagility-ltd) ₹19,699 crore
2. [Central Mine Planning & Design Institute Ltd](https://www.sectoralpha.in/stocks/central-mine-planning-design-institute-ltd) ₹12,742 crore
3. [Embassy Developments Ltd](https://www.sectoralpha.in/stocks/embassy-developments-ltd) ₹6,996 crore
4. Inox Green Energy Services Ltd ₹4,272 crore
5. [Indiqube Spaces Ltd](https://www.sectoralpha.in/stocks/indiqube-spaces-ltd) ₹3,603 crore
6. [Kaveri Seed Company Ltd](https://www.sectoralpha.in/stocks/kaveri-seed-company-ltd) ₹3,390 crore
7. [RattanIndia Enterprises Ltd](https://www.sectoralpha.in/stocks/rattanindia-enterprises-ltd) ₹3,261 crore

[All 40 Miscellaneous companies, largest first](https://www.sectoralpha.in/sectors/miscellaneous#all-companies)

### Companies close in size in other industries

1. [Pilani Investment & Industries Corporation Ltd](https://www.sectoralpha.in/stocks/pilani-investment-industries-corporation-ltd) ₹4,287 crore · Finance - Holding Company
2. [Deep Industries Ltd](https://www.sectoralpha.in/stocks/deep-industries-ltd) ₹4,272 crore · Oil Drilling & Exploration
3. Inox Green Energy Services Ltd ₹4,272 crore
4. [Keystone Realtors Ltd](https://www.sectoralpha.in/stocks/keystone-realtors-ltd) ₹4,270 crore · Realty - Construction & Contracting
5. [Rolex Rings Ltd](https://www.sectoralpha.in/stocks/rolex-rings-ltd) ₹4,264 crore · Bearings

## What else do people ask about Inox Green Energy Services? ### What is Inox Green Energy Services's share price today? Inox Green Energy Services Ltd's share price is ₹114.81, −55.8% over the past year. The whole company is worth ₹4,809 Cr on the market. In the last 52 weeks it traded between ₹102 to ₹258; today it is 8% of the way up from the low, 31.0% below its 200-day average (as of 3 November 2026). ### What were Inox Green Energy Services's latest quarterly results? Inox Green Energy Services Ltd reported revenue of ₹43.0 Cr and net profit of ₹41.0 Cr for the Jun 2026 quarter. Revenue fell 23.2% and profit rose 86.4% compared with a year earlier. Earnings per share were ₹1.01 (as of 3 November 2026). ### What is Inox Green Energy Services's market cap? Inox Green Energy Services Ltd's market capitalisation is ₹4,809 Cr at a share price of ₹114.81. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Inox Green Energy Services performing? Inox Green Energy Services Ltd's share price has been falling for 5 weeks. In its latest quarter, revenue fell 23.2% and profit rose 86.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will Inox Green Energy Services's share price go up? This page does not forecast Inox Green Energy Services Ltd's share price. What it shows instead: the share price is ₹114.81, and it has been falling for 5 weeks. Its P/E of 39.2× is higher than 1% of its own last 3 years (as of 3 November 2026). ### Who owns Inox Green Energy Services? Promoters own 53.7% of Inox Green Energy Services Ltd, foreign institutions 8.2%, domestic institutions 1.9% and the public 36.2% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 2.2 percentage points over 8 quarters (as of 3 November 2026). ### Where is Inox Green Energy Services in its business cycle? Inox Green Energy Services Ltd's FY26 operating margin was 8.0%, against a 9-year range of 4.2% to 53.0%: the low end of its own range, which is often where recoveries start. The latest quarter was −2.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Inox Green Energy Services story? The main question: yearly earnings per share moved +372.2% while the share price moved −55.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Inox Green Energy Services a stock worth studying right now? What the numbers show: Inox Green Energy Services Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Inox Green Energy Services share price forecast for 2026? What management itself guided: FY27 Inox Wind consolidated revenue growth of 75% and operating margin of 20-22%. ## Lists

- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.