Inox Green Energy Services Limited (INOXGREEN) - Net Assets
Based on the latest financial reports, Inox Green Energy Services Limited (INOXGREEN) has net assets worth Rs20.27 Billion INR (≈ $219.24 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs24.66 Billion ≈ $266.64 Million USD) and total liabilities (Rs4.38 Billion ≈ $47.40 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Inox Green Energy Services Limited (INOXGREEN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs20.27 Billion |
| % of Total Assets | 82.22% |
| Annual Growth Rate | 55.45% |
| 5-Year Change | 152.48% |
| 10-Year Change | N/A |
| Growth Volatility | 903.84 |
Inox Green Energy Services Limited - Net Assets Trend (2017–2025)
This chart illustrates how Inox Green Energy Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore Inox Green Energy Services Limited (INOXGREEN) total assets for the complete picture of this company's asset base.
Annual Net Assets for Inox Green Energy Services Limited (2017–2025)
The table below shows the annual net assets of Inox Green Energy Services Limited from 2017 to 2025. For live valuation and market cap data, see Inox Green Energy Services Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs19.74 Billion ≈ $213.49 Million |
+46.24% |
| 2024-03-31 | Rs13.50 Billion ≈ $145.99 Million |
+19.20% |
| 2023-03-31 | Rs11.32 Billion ≈ $122.47 Million |
+40.39% |
| 2022-03-31 | Rs8.07 Billion ≈ $87.23 Million |
+3.17% |
| 2021-03-31 | Rs7.82 Billion ≈ $84.56 Million |
+18.29% |
| 2020-03-31 | Rs6.61 Billion ≈ $71.48 Million |
+1250.39% |
| 2019-03-31 | Rs489.48 Million ≈ $5.29 Million |
+2619.00% |
| 2018-03-31 | Rs18.00 Million ≈ $194.68K |
-96.89% |
| 2017-03-31 | Rs579.06 Million ≈ $6.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Inox Green Energy Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4946.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs3.67 Billion | 18.66% |
| Other Comprehensive Income | Rs1.52 Billion | 7.75% |
| Other Components | Rs17.85 Billion | 90.72% |
| Total Equity | Rs19.67 Billion | 100.00% |
Inox Green Energy Services Limited Competitors by Market Cap
The table below lists competitors of Inox Green Energy Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hoang Anh Gia Lai JSC
VN:HAG
|
$784.90 Million |
|
Paul Hartmann AG
F:PHH2
|
$784.93 Million |
|
First Financial Corporation Indiana
NASDAQ:THFF
|
$785.20 Million |
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
$785.50 Million |
|
Verusa Holding AS
IS:VERUS
|
$784.69 Million |
|
WELL Health Technologies Corp
TO:WELL
|
$784.20 Million |
|
Cosonic Intelligent Tech Co Ltd
SHE:300793
|
$784.06 Million |
|
Fujian SuperTech Advanced Material Co Ltd
SHG:688398
|
$783.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inox Green Energy Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,450,282,000 to 19,671,400,000, a change of 6,221,118,000 (46.3%).
- Net income of 198,100,000 contributed positively to equity growth.
- New share issuances of 5,925,000,000 increased equity.
- Other comprehensive income decreased equity by 655,000,000.
- Other factors increased equity by 753,018,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs198.10 Million | +1.01% |
| Share Issuances | Rs5.92 Billion | +30.12% |
| Other Comprehensive Income | Rs-655.00 Million | -3.33% |
| Other Changes | Rs753.02 Million | +3.83% |
| Total Change | Rs- | 46.25% |
Book Value vs Market Value Analysis
This analysis compares Inox Green Energy Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 91.89x to 2.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | Rs1.97 | Rs180.73 | x |
| 2018-03-31 | Rs0.06 | Rs180.73 | x |
| 2019-03-31 | Rs1.68 | Rs180.73 | x |
| 2020-03-31 | Rs22.64 | Rs180.73 | x |
| 2021-03-31 | Rs26.78 | Rs180.73 | x |
| 2022-03-31 | Rs27.63 | Rs180.73 | x |
| 2023-03-31 | Rs37.19 | Rs180.73 | x |
| 2024-03-31 | Rs41.51 | Rs180.73 | x |
| 2025-03-31 | Rs62.22 | Rs180.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inox Green Energy Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.41%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.26x
- Recent ROE (1.01%) is above the historical average (-355.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 87.16% | 7.21% | 0.48x | 25.02x | Rs446.83 Million |
| 2018 | -3146.49% | -15.40% | 0.24x | 838.06x | Rs-568.23 Million |
| 2019 | -106.49% | -25.23% | 0.11x | 38.55x | Rs-574.67 Million |
| 2020 | 0.25% | 1.01% | 0.11x | 2.35x | Rs-644.23 Million |
| 2021 | -19.63% | -89.13% | 0.09x | 2.41x | Rs-2.32 Billion |
| 2022 | -11.55% | -54.13% | 0.08x | 2.63x | Rs-1.74 Billion |
| 2023 | -5.62% | -24.39% | 0.12x | 1.99x | Rs-1.70 Billion |
| 2024 | 2.07% | 12.44% | 0.11x | 1.55x | Rs-1.07 Billion |
| 2025 | 1.01% | 8.41% | 0.09x | 1.26x | Rs-1.77 Billion |
Industry Comparison
This section compares Inox Green Energy Services Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $97,689,402,466
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inox Green Energy Services Limited (INOXGREEN) | Rs20.27 Billion | 87.16% | 0.22x | $784.73 Million |
| ACME Solar Holdings Limited (ACMESOLAR) | $19.30 Billion | -0.16% | 5.31x | $1.98 Billion |
| Adani Green Energy Limited (ADANIGREEN) | $174.48 Billion | 6.30% | 4.07x | $21.86 Billion |
| Karma Energy Limited (KARMAENG) | $384.73 Million | 15.31% | 0.44x | $6.56 Million |
| KPI Green Energy Limited (KPIGREEN) | $492.87 Million | 15.00% | 1.18x | $956.00 Million |
| NHPC Limited (NHPC) | $188.95 Billion | 6.39% | 0.97x | $9.04 Billion |
| NTPC Green Energy Limited (NTPCGREEN) | $185.32 Billion | 2.57% | 1.45x | $10.01 Billion |
| SJVN Limited (SJVN) | $114.90 Billion | 13.41% | 0.34x | $3.36 Billion |
About Inox Green Energy Services Limited
Inox Green Energy Services Limited provides operation and maintenance services, and common infrastructure facilities for wind turbine generators in India. The company operates through Operation & Maintenance; Erection, Procurement & Commissioning; Power Generation; and Trading Income segments. It offers operational services, including remote monitoring and control through supervisory control and … Read more