Inox Green Energy Services promoter declares no encumbrance on shares

1 min read     Updated on 17 Jun 2026, 03:07 AM
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Inox Wind Limited and promoter group members Devansh Trademart LLP and Inox Leasing and Finance Limited declared no encumbrance on Inox Green Energy Services Limited shares for FY26. The disclosures were filed under SEBI SAST Regulations on April 08, 2026.

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Inox Wind Limited, the promoter of Inox Green Energy Services Limited , has confirmed that it has not created any encumbrance on the company's shares. The declaration, submitted on April 08, 2026, covers the promoter and any persons acting in concert. This disclosure ensures that no additional charges or liens have been placed on the equity shares beyond those previously disclosed to the stock exchanges under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Group Declarations

Two members of the promoter group also submitted separate declarations confirming the absence of encumbrances. Devansh Trademart LLP and Inox Leasing and Finance Limited verified that they had not created any direct or indirect encumbrance on the equity shares of Inox Green Energy Services Limited during the financial year ended March 31, 2026.

The following table details the entities that submitted the declarations:

Entity Name Role Declaration Period
Inox Wind Limited Promoter As of April 08, 2026
Devansh Trademart LLP Promoter Group Member FY ended March 31, 2026
Inox Leasing and Finance Limited Promoter Group Member FY ended March 31, 2026

Regulatory Compliance

The filings were made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Deepak Banga, Company Secretary of Inox Wind Limited, signed the promoter's declaration. Vivek Kumar Jain, Designated Partner of Devansh Trademart LLP and Director of Inox Leasing and Finance Limited, signed the declarations on behalf of the promoter group entities.

Historical Stock Returns for Inox Green Energy Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+9.42%+9.83%-1.71%+23.06%+230.14%

Will the clean encumbrance status encourage Inox Wind to increase its stake in Inox Green Energy Services?

How might this declaration impact Inox Green Energy's ability to secure future financing or debt?

Could this move signal a potential strategic shift or acquisition plan by the promoter group?

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Inox Green FY26 profit surges 373% on robust revenue

2 min read     Updated on 30 May 2026, 09:56 AM
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Inox Green Energy Services Limited reported a 373% increase in profit after tax to ₹103 crore for FY26, driven by a 69% rise in total income to ₹426 crore and a 71% growth in EBITDA to ₹210 crore. The Board approved the audited financial results on May 29, 2026, highlighting a 96.5% machine availability and the NCLT approval for the demerger of its Power Evacuation business.

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[Inox Green Energy Services Limited](inox green energy services) reported a profit after tax (PAT) of ₹103 crore for the financial year ended March 31, 2026, a significant increase of 373% from ₹22 crore in the previous year. Revenue from operations for FY26 rose to ₹281 crore, compared to ₹220 crore in FY25, while total income increased by 69% to ₹426 crore. The company’s Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for the year stood at ₹210 crore, up 71% year-on-year. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.

For the quarter ended March 31, 2026, the company reported a PAT of ₹28 crore, a 340% increase from ₹6 crore in the corresponding quarter of the previous year. Total income for Q4 FY26 was ₹120 crore, up 40% from ₹85 crore in Q4 FY25, with EBITDA rising 93% to ₹57 crore. The earnings presentation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s operational metrics improved significantly during the year. Machine availability for the portfolio stood at approximately 96.5% in Q4 FY26, averaging 96.5% for the full financial year. The statutory auditors, M/s. Dewan P N Chopra & Co., issued an unmodified opinion on the financial results.

Particulars (₹ in crore) FY26 FY25 YoY % Q4 FY26 Q4 FY25 YoY %
Total Income 426 252 69% 120 85 40%
EBITDA 210 123 71% 57 30 93%
Profit Before Tax 158 49 223% 46 13 244%
Profit After Tax 103 22 373% 28 6 340%
Cash PAT* 158 34 362% 46 11 327%

*Cash PAT = PAT + Depreciation + Deferred Taxes

Operational Highlights

Inox Green's O&M portfolio stands at 13+ GWp, comprising approximately 10.5 GW of wind assets and the balance being solar assets. This includes investments made to acquire a 6.5 GW operational wind O&M portfolio. The company noted that the scheme of arrangement for the demerger of its Power Evacuation business with Inox Renewable Solutions Limited was approved by the Hon'ble NCLT Ahmedabad. This strategic move is expected to result in an asset-light, annuity-based, high-margin business model.

The financial results were reviewed by the Audit Committee and approved by the Board.

Historical Stock Returns for Inox Green Energy Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+9.42%+9.83%-1.71%+23.06%+230.14%

How will the demerger of the Power Evacuation business impact Inox Green's profit margins and capital allocation strategy in the coming fiscal year?

What is the company's outlook for expanding its O&M portfolio beyond the current 13+ GWp, given the recent acquisition of the 6.5 GW wind assets?

Can Inox Green maintain the high machine availability of 96.5% as it integrates the newly acquired large-scale wind assets?

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1 Year Returns:+23.06%