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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comInox Green Energy Services Ltd is a leading wind O&M (Operations & Maintenance) service provider in India. The company is part of the Inox GFL Group and plays an important role in maintaining wind energy assets across the country. With renewable energy capacity increasing rapidly in India, Inox Green is positioned to benefit from long-term demand for O&M services.
Below is a detailed look at the company’s fundamentals and share price targets from 2025 to 2030.
| Detail | Value |
|---|---|
| Open | ₹249.50 |
| Previous Close | ₹250.50 |
| Day’s High | ₹249.75 |
| Day’s Low | ₹225.45 |
| 52-Week High | ₹279.00 |
| 52-Week Low | ₹104.00 |
| Market Capitalization | ₹8,797 Cr |
| VWAP | ₹239.08 |
| Beta | 1.51 |
| Face Value | ₹10 |
| Book Value Per Share | ₹53.20 |
| All-Time High | ₹279.00 |
| All-Time Low | ₹38.40 |
The stock has seen strong growth over the past year, driven by the pickup in wind energy demand and expansion of service contracts.
Inox Green is primarily engaged in long-term O&M services for wind turbine generators. The company offers preventive maintenance, breakdown services, and remote monitoring solutions for wind farms. With India targeting large-scale clean energy expansion, the wind O&M segment is expected to grow consistently.
Key growth drivers include:
High renewable energy demand
Government policies supporting clean energy
Stable long-term revenue from O&M contracts
Strong parent group support
Expanding installation footprint across India
As India aims to significantly increase its wind energy capacity, Inox Green stands to benefit from recurring revenue and margin stability.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 55.97% |
| Retail & Others | 35.07% |
| Foreign Institutions | 7.88% |
| Mutual Funds | 0.91% |
| Other Domestic Institutions | 0.17% |
The promoter holding above 55% reflects strong group confidence, while rising FII interest suggests growing institutional trust.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 260 | 295 |
| 2026 | 300 | 340 |
| 2027 | 335 | 385 |
| 2028 | 380 | 445 |
| 2029 | 430 | 510 |
| 2030 | 490 | 580 |
These targets are based on increasing O&M contracts, operating efficiency, sector demand, and renewable expansion policies.
The year 2025 is expected to bring stable growth due to ongoing renewable infrastructure developments.
Key factors:
Higher active turbine maintenance requirements
Continued government incentives for wind energy
Expansion of service contracts
With more wind capacity addition, Inox Green may witness an improvement in revenue visibility.
Reasons:
Long-term O&M contracts ensuring steady income
Increased demand for preventive maintenance
New wind farm installations
Rising operational efficiency and better asset utilisation could support growth.
Why:
Enhanced service network
Higher turbine uptime due to improved maintenance systems
Favorable renewable sector momentum
By 2028, Inox Green may see stronger margins as fixed-cost efficiency improves.
Growth drivers:
Larger portfolio of maintained turbines
Reduced servicing costs due to scale
Stronger order pipeline
Wind energy expansion is expected to accelerate globally, benefiting service providers.
Reasons:
Consistent revenue from long-term O&M agreements
Increasing preference for outsourced wind maintenance
Growing institutional interest in clean energy firms
By 2030, Inox Green could become a leading O&M provider in India’s renewable sector.
Expected contributors:
Strong group backing
Nationwide service network
Rising clean energy consumption
Inox Green offers stable long-term potential for investors seeking exposure to renewable energy. Its business model ensures predictable cash flow and recurring revenue.
Strong promoter backing
Recurring income model
Strategic advantage in wind O&M
Growing renewable energy market
High stock volatility (beta 1.51)
Dependency on wind installation activity
Policy fluctuations in renewable energy
Investors should weigh these factors according to their risk appetite.
Inox Green Energy Services Ltd is steadily emerging as a strong player in the renewable O&M segment. With rising wind power installations, stable long-term contracts, and supportive government policies, the company is positioned for growth over the coming years. Based on current trends, Inox Green’s share price may reach ₹490 to ₹580 by 2030.
For investors looking for long-term exposure to India’s clean energy growth, the company offers a promising opportunity.
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