F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
support@thetaxheaven.com
F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comInox Green Energy Services Ltd is a key player in India’s renewable energy services segment, specializing in operations and maintenance (O&M) of wind power assets. As India accelerates its transition toward clean energy and targets ambitious renewable capacity additions, companies providing long-term O&M services are gaining strategic importance.
Backed by the Inox Group and benefiting from the rapid growth of wind and hybrid renewable projects, Inox Green Energy Services Ltd has emerged as a focused renewable-services company. In this article, we analyze Inox Green Energy Services share price targets from 2026 to 2030, using current market data, business fundamentals, and sector trends.
| Detail | Value |
|---|---|
| Open | ₹186.21 |
| Previous Close | ₹186.21 |
| Day’s High | ₹186.21 |
| Day’s Low | ₹178.00 |
| VWAP | ₹181.60 |
| 52-Week High | ₹279.00 |
| 52-Week Low | ₹104.00 |
| All-Time High | ₹279.00 |
| All-Time Low | ₹38.40 |
| Market Capitalization | ₹6,785 Cr |
| Volume | 4,51,307 |
| Value (Lacs) | 817.32 |
| 20D Avg Volume | 63,99,186 |
| 20D Avg Delivery (%) | 8.54% |
| Face Value | ₹10 |
| Book Value Per Share | ₹51.24 |
| Beta | 1.72 |
Inox Green Energy Services Ltd operates as a pure-play renewable energy services company, primarily offering:
Operations & maintenance (O&M) for wind turbine generators
Long-term service contracts with renewable asset owners
Technical and performance optimization services
The company benefits from annuity-style revenue, as O&M contracts typically span multiple years, offering predictable cash flows.
Strong presence in wind energy O&M services
Backing of the Inox Group with deep sector experience
Asset-light business model with stable margins
Long-term contracts providing revenue visibility
Direct beneficiary of India’s renewable energy expansion
India aims to achieve 500 GW of non-fossil fuel capacity by 2030, driving:
Expansion of wind and hybrid energy projects
Increased demand for professional O&M services
Outsourcing of maintenance by asset owners to specialized players
This structural shift favors companies like Inox Green Energy Services.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 54.82% |
| Retail & Others | 36.68% |
| Foreign Institutions | 7.78% |
| Mutual Funds | 0.59% |
| Other Domestic Institutions | 0.12% |
Healthy promoter ownership reflects confidence, while relatively low mutual fund exposure suggests future scope for institutional participation.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 240 | 280 |
| 2027 | 300 | 350 |
| 2028 | 370 | 430 |
| 2029 | 450 | 520 |
| 2030 | 550 | 650 |
These projections consider capacity additions, contract renewals, margin stability, and renewable sector tailwinds.
By 2026, improved utilization and contract renewals may support earnings growth.
Growth Drivers
Rising wind capacity under O&M
Stable service margins
Predictable revenue streams
Investment View: Suitable for medium-term renewable-energy investors.
Scaling operations and higher asset coverage could reflect in better profitability.
Growth Drivers
Expansion into new geographies
Long-term service agreements
Operating leverage benefits
Investment View: Positive outlook for growth-oriented portfolios.
Valuation re-rating may occur as earnings consistency improves.
Growth Drivers
Increasing renewable penetration
Strong annuity-style cash flows
Improved return ratios
Investment View: Attractive for long-term renewable energy exposure.
By 2029, the company could emerge as a leading listed renewable O&M specialist.
Growth Drivers
Large installed base under management
Cost efficiencies from scale
Higher institutional interest
Investment View: Favorable for long-term compounding.
By 2030, renewable services companies may command premium valuations.
Growth Drivers
India’s clean energy targets
Strong recurring cash flows
Low capital intensity business model
Investment View: Long-term wealth creation potential with moderate-to-high volatility.
Inox Green Energy Services Ltd offers pure-play exposure to renewable energy services, distinct from power generation risks. Its annuity-style model provides stability, though valuation and sector volatility remain key considerations.
Structural growth in renewable energy
Stable O&M revenue model
Strong promoter backing
High stock volatility (beta 1.72)
Dependence on wind energy segment
Competitive pressure in O&M services
Inox Green Energy Services Ltd is well-positioned to benefit from India’s long-term renewable energy ambitions. With predictable revenues, an asset-light model, and strong sector tailwinds, the company has the potential to deliver steady growth over the next decade.
Based on current assumptions, Inox Green Energy Services share price could reach ₹550–₹650 by 2030, making it an interesting long-term bet for investors bullish on India’s clean energy transition.
1. What is the current share price of Inox Green Energy Services Ltd?
It trades around the levels mentioned in the latest market data and fluctuates daily.
2. What is the Inox Green Energy Services share price target for 2026?
The expected range is ₹240 to ₹280.
3. Is Inox Green Energy Services Ltd a good long-term investment?
It may suit investors seeking renewable energy exposure with recurring revenue models.
4. What is the share price target for 2030?
The projected range is ₹550 to ₹650.
5. What factors influence the share price the most?
Renewable capacity additions, O&M contract growth, margins, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Please consult a certified financial advisor before making any investment decisions.
Register & Login