Inox Renewable Solutions Limited

Inox Renewable Solutions Limited

Fundamentals

Inox Renewable Solutions Limited
₹575 Per Equity Share

Lot Size 100 Shares

52 Week High 575

52 Week Low 575

Depository NSDL & CDSL

PAN Number AAKCR0349E

ISIN Number INE0CJZ01014

CIN U40106GJ2020PLC112187

RTA MUFG Intime India
Market Cap (in cr.) 9312

P/E Ratio 518.02

P/B Ratio 9.85

Debt to Equity 0.79

ROE (%) 1.93

Book Value 58.35

Face Value 10

Total Shares 161941256

P&L Statement

P&L Statement 2023 2024 2025
Revenue 55 199 218
Cost of Material Consumed 77 92 74
Change in Inventory -34 28 16
Gross Margins 21.82 39.7 58.72
Employee Benefit Expenses 6.6 6.5 8
Other Expenses 31 4.4 24
EBITDA -25.6 68.1 96
OPM -46.55 34.22 44.04
Other Income 4 142 82
Finance Cost 67.6 103 83
D&A 0.4 15.5 76
EBIT -26 52.6 20
EBIT Margins -47.27 26.43 9.17
PBT -89 91 18
PBT Margins -161.82 45.73 8.26
Tax 0 0 0
PAT -89 91 18
NPM -161.82 45.73 8.26
EPS -6.63 6.78 1.11

Financial Ratios

Financial Ratios 2023 2024 2025
Operating Profit Margin -46.55 34.22 44.04
Net Profit Margin -161.82 45.73 8.26
Earning Per Share (Diluted) -6.63 6.78 1.11

Balance Sheet

Assets 2023 2024 2025
Fixed Assets 138 645 1082
CWIP 109 252 231
Investments 0 0 0
Trade Receivables 251 155 183
Inventory 405 346 369
Other Assets 313 135 241
Total Assets 1216 1533 2106

Liabilities

Liabilities 2023 2024 2025
Share Capital 134.26 134.26 161.94
FV 10 10 10
Reserves -40 52 773
Borrowings 716 946 739
Trade Payables 238 243 223
Other Liabilities 167.74 157.74 209.06
Total Liabilities 1216 1533 2106

Cash-Flow Statement

Cash-Flow Statement 2023 2024 2025
PBT -89 91 18
OPBWC -3.5 71 180
Change in Receivables 14.17 4.7 -40
Change in Inventories 3.6 59.5 -23
Change in Payables -67.4 4.7 -20
Other Changes -60.57 19.1 -0.6
Working Capital Change -110.2 88 -83.6
Cash Generated From Operations -113.7 159 96.4
Tax -2 -3.7 -10.8
Cash Flow From Operations -115.7 155.3 85.6
Purchase of PPE -239 -453 -492
Sale of PPE 0.3 0 0
Cash Flow From Investment -394.8 -283.6 -549.7
Borrowing 344 230 181
Dividend 0 0 0
Equity 217.43 0 350
Others From Financing -67.73 -102 -65.3
Cash Flow from Financing 493.7 128 465.7
Net Cash Generated -16.8 -0.3 1.6
Cash at the Start 17.17 0.44 0.19
Cash at the End 0.37 0.14 1.79

Shareholding Pattern

Inox Wind Limited (Holding Co.) 100%
Inox Wind Limited (Holding Co.) 100%
Inox Wind Limited (Holding Co.) 91.90%
Others 8.1%

Promoters or Management

Name Designation Experience LinkedIn Profile
Nitesh Kumar Whole Time Director 20
Shivan Tandon CFO 15

Inox Renewable Solutions Limited (IRSL) is an important part of the INOX Group’s clean energy ecosystem, focused on driving the development and implementation of renewable power projects across India. The company plays a strategic role in supporting the group’s mission to expand sustainable energy solutions, particularly in wind power, solar installations, and hybrid renewable systems. Leveraging the INOX Group’s engineering expertise and industry experience, IRSL is involved in project planning, land acquisition, regulatory clearances, and coordination with utilities and developers. Its focus on high-quality project execution, site optimization, and energy yield enhancement positions the company as a reliable partner in India's growing renewable energy landscape.

From a business operations standpoint, Inox Renewable Solutions Limited works across the full lifecycle of renewable energy project development. This includes detailed resource assessment, designing layouts for maximum generation, securing long-term power purchase agreements (PPAs), and supervising installation and commissioning activities. The company also collaborates with equipment manufacturers, EPC contractors, and financial institutions to ensure smooth and cost-efficient project delivery. IRSL’s emphasis on data-driven planning, modern technology, and robust project management helps reduce project risk and enhance long-term performance. As India accelerates its clean energy transition, the company’s role in facilitating scalable renewable assets becomes increasingly important.

In the unlisted market, Inox Renewable Solutions Limited attracts investor interest due to the rapid expansion of India’s renewable energy sector and the strong backing of the INOX Group. The company operates in a high-growth environment supported by favorable government policies, rising corporate demand for green power, and increasing investment in sustainable infrastructure. Investors see IRSL as a well-positioned entity capable of capturing long-term opportunities in wind, solar, and hybrid projects. Its asset-light, service-focused model also allows for steady revenue generation without the heavy capital burden typical of renewable asset ownership. For investors seeking exposure to India’s clean energy development and long-term sustainability trends, the unlisted shares of Inox Renewable Solutions Limited offer an attractive and forward-looking investment opportunity.

FAQs about Inox Renewable Solutions Limited


Q:1 How do I initiate the purchase of Inox Renewable Solutions Limited shares?Answer: To initiate your purchase, confirm your booking of Inox Renewable Solutions Limited unlisted shares with us at a trading price.

Q:2 What documents do I need to provide for the purchase?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if not transferring funds from the bank account as mentioned in the CMR Copy.These documents are required as per SEBI regulations.

Q:3 How will I receive the bank details for the funds transfer?

Answer: We will provide you with the necessary bank details after you confirm your booking.

Q:4 What payment methods are accepted for purchasing shares?

Answer: Payment must be made via RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not accepted.

Q:5 Can I transfer funds from any bank account for the purchase?

Answer: No, payment has to be made from the same account in which the shares are to be credited.

Q:6 Is there a specific time frame for completing the payment?Answer: While there is no specific time frame mentioned, it is recommended to complete the payment promptly after confirming your booking to avoid any delays.

Q:7 What happens if I don't have a client master report?

Answer: If you don't have a client master report, you should ask your broker to provide it to you, as it is necessary for the transaction.

Q:8 Are there any additional fees associated with buying shares?Answer: The information provided does not specify any additional fees, but it's advisable to check with us for any potential charges related to the transaction.



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