What we do Inox Green Energy Services Ltd provides operations and maintenance services for renewable energy assets including wind and solar in India, ensuring stable and efficient energy production. |
Founded in 2,012 |
Market share India's leading renewable energy O&M service provider with 13.3 GWp portfolio, expanding via organic growth and acquisitions. |
Problem solved Ensures optimal performance and longevity of renewable energy assets through comprehensive O&M services, enhancing energy reliability. |
Top clients or who we serve Serves renewable power developers, independent power producers, and PSUs across India; primarily B2B customers in wind and solar sectors. |
Key management - |
Our journey and innovations Incorporated in 2012, expanded via strategic acquisitions, IPO in 2022, and portfolio growth to 13.3 GWp with technology-driven predictive maintenance. |
Where we operate Primarily India across 17 states including Gujarat, Tamil Nadu, Karnataka, Maharashtra, and Rajasthan. |
Top products or what we offer Comprehensive O&M services for wind turbines, solar assets, and renewable infrastructure with long-term contracts. |
Top brands Inox Green’s O&M Services: Wind and Solar portfolio with 13.3 GWp capacity; digital monitoring and value-added services driving growth. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly recurring from long-term O&M contracts with high stability. |
Our industry position A market leader in renewable O&M services with a strong growth trajectory and backing from the InoxGFL Group. |
Financial highlights FY25 revenue about Rs 235.5 crore; net profit Rs 19.8 crore; Q3 FY26 revenue Rs 112 crore with 51% YoY growth, strong profitability. |
Geographical revenue split Predominantly Indian market with projects across multiple states providing diversified revenue sources. |
Order book Net order book of Rs 145 crore; strong pipeline from WTGs and hybrid renewable projects. |
Whats driving growth Growth driven by rising renewable capacity, government policies, technology adoption, and acquisitions expanding O&M asset base. |
Our future plans Focus on expanding O&M portfolio, completing scheme of demerger, and enhancing value-added services with technology integration. |
Our green promise Committed to ESG principles with ISO 14001 & 45001 certifications, emission reductions, and sustainability reporting per GRI standards. |
Our people and values Employee-focused culture with training, diversity initiatives, and an ESOP scheme to retain talent. |
Key challenges ahead Market competition, regulatory changes, and technology updates while maintaining high machine availability. |
Interesting facts India’s only listed pure-play renewable O&M company; portfolio expanded via acquiring 6.5 GW of assets recently. |
Risks and strategy Mitigates operational and market risks through diversified contracts and aligning with InoxGFL Group’s integrated energy strategy. |
