Inox green energy share price

Inox Green Energy Services Ltd. is a Public Limited Listed company incorporated on 11/05/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45207GJ2012PLC070279 and registration number is 070279. Currently Company is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 174.00 Cr. and Equity Capital is Rs. 235.02 Cr. for the Year ended 31/03/2022.

• The company has shown a poor revenue growth of -6.84050601497261% for the Past 3 years. • Company has a poor ROE of -48.2856039731598% over the past 3 years. • Company has a poor ROCE of 4.16739956304999% over the past 3 years • The company has a low EBITDA margin of 0% over the past 5 years. • The company is trading at a high EV/EBITDA of 30.2091. Quarterly Result (All Figures in Cr.) PARTICULARS Sep 2022 Dec 2022 Mar 2023 Net Sales 60.59 71.62 54.36 Total Expenditure 46.49 74.09 51.79 Operating Profit 14.1 -2.47 2.57 Other Income 4.94 21.21 14.88 Interest 15.28 17 7.39 Depreciation 14.34 14.38 13.72 Exceptional Items 0 0 0 Profit Before Tax -10.58 -12.64 -3.66 Tax -3.66 -4.32 -1.17 Profit After Tax -6.92 -8.32 -2.49 Adjusted EPS (Rs) -0.29 -0.29 -0.09 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 366.72 215.21 399.58 176.82 174 Total Expenditure 363.24 168.64 294.21 89.79 89.8 Operating Profit 3.48 46.57 105.36 87.03 84.2 Other Income 7.43 9.07 12.5 14.86 10.17 Interest 64.99 99.99 147.49 60.53 52.15 Depreciation 16.61 27.15 39.61 49.08 48.84 Exceptional Items -10.97 -17.48 -19.16 0 0 Profit Before Tax -81.66 -88.98 -88.39 -7.72 -6.61 Tax -23.76 -31.79 -30.89 -2.72 -2.21 Net Profit -57.9 -57.19 -57.5 -71.91 -57.04 Adjusted EPS (Rs.) -11579.86 -9.97 -4.95 -0.39 -0.19 Balance Sheet (All Figures are in Crores.) Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Equity and Liabilities Share C...

Synopsis Inox Wind Energy shares surged nearly 19%, hitting a 52-week high, following the approval from its board members for a merger with its parent firm, Inox Wind. Inox Wind will issue 158 equity shares for every 10 shares held by Inox Wind Energy shareholders and issue 158 share warrants with an issue price of INR54 each to shareholders of Inox Wind Energy, for every 10 share warrants held, with an issue price of INR847 each. Once completed, the promoters' shareholding in Inox Wind will reduce from 72.01% to 55.83%, while the shares of the public will surge to 44.17% from 27.99%. As per the proposed amalgamation, Inox Wind will issue 158 equity shares for every 10 equity shares to shareholders of Inox Wind Energy, and also issue 158 share warrants with an issue price of Rs 54 each to shareholders of Inox Wind Energy for every 10 share warrants with an issue price of Rs 847 each held by them. Post merger, the shareholding of promoters in Inox Wind will reduce to 55.83% from 72.01%, while shareholding for the public will surge to 44.17% from 27.99%. At 10.14 am, the shares of Inox Wind Energy were trading 13.4% higher at Rs 2,056 on BSE. The stock has given multibagger returns to its investors, as it has rallied 283% in the last one year. On a year-to-date basis, the stock has surged 109%. The stock's day RSI (14) is at 70.6. The RSI below 30 is considered oversold and above 70 is overbought, Trendlyne data showed. MACD is at 8.4, which is above its center and signal Li...

Shares of Inox Wind Energy ended with gains of over 13 percent on Tuesday after the board approved its merger with Inox Wind, subject to approval of shareholders and creditors of both entities. 158 shares of Inox Wind with a face value of Rs 10 each will be issued to shareholders of Inox Wind Energy for every share held by them.

About Us INOX GREEN ENERGY SERVICES Limited (INOX Green) is a major wind power operation and maintenance (“O&M”) service provider within India. INOX Green is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs. Building an innovation-led, greener ecosystem for India Our belief is that business must have motivation beyond profit. Our group's history is a story of growth & success powered by ideas, integrity and ethics. To this day, we believe integrating every partner as our very own is the only way to do business.

Inox Green Energy Services Limited is an India-based wind power operation and maintenance (O&M) service provider. The Company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (WTGs) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs. The Company is a subsidiary of Inox Wind Limited (IWL), which is principally engaged in the business of manufacturing WTGs and providing turnkey solutions by supplying WTGs and offering a variety of services including wind resource assessment, site acquisition, infrastructure development, erection, procurement and commissioning (EPC) of WTGs, and, through the Company, providing long-term O&M services for wind power projects. The Company’s services include WTG operation services, co-ordination with DISCOM's, management systems, predictive maintenance, and reactive maintenance.;

Description • Inox Green Energy Services Limited was originally incorporated as a Public Company Limited by Shares under the name, `Inox Wind Infrastructure Services Limited` at Vadodara, Gujarat dated May 11, 2012, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. The Company commenced operations dated June 14, 2012 and name of the Company was changed to `Inox Green Energy Services Limited`, pursuant to a Special Resolution passed in Extra Ordinary General Meeting held on October 21, 2021, pursuant to which a fresh Certificate of Incorporation was issued by the RoC on October 27, 2021. The Company is one of the major wind power operation and maintenance (O&M) service providers within India which incorporated in 2012. It is engaged in providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators (WTGs) and the common infrastructure facilities such as pooling stations and transmission lines which support power evacuation from such WTGs. It has stable annual income owing to long-term O&M contracts. The Company is a subsidiary of Inox Wind Limited which is a part of the Inox GFL Group of Companies. In 2013, the Company acquired 100% shareholding of Marut-Shakti Energy India Limited (MSEIL). In 2015, it acquired 100% shareholding of Satviki Energy Private Limited (SEPL) and Sarayu Wind Power (Tallimadugula) Private Limited (SWPTPL). In 2016, it acquired 100% shareholding of Vinirrmaa Energy Gen...