Inox Green Energy Services Limited

NSE INOXGREEN.NS

Inox Green Energy Services Limited Interest Coverage Ratio for the year ending March 31, 2024: 2.31

Inox Green Energy Services Limited Interest Coverage Ratio is 2.31 for the year ending March 31, 2024, a 484.67% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Inox Green Energy Services Limited Interest Coverage Ratio for the year ending March 31, 2023 was 0.40, a -56.33% change year over year.
  • Inox Green Energy Services Limited Interest Coverage Ratio for the year ending March 31, 2022 was 0.91, a 94.54% change year over year.
  • Inox Green Energy Services Limited Interest Coverage Ratio for the year ending March 31, 2021 was 0.47, a -62.87% change year over year.
  • Inox Green Energy Services Limited Interest Coverage Ratio for the year ending March 31, 2020 was 1.25, a 757.05% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NSE: INOXGREEN.NS

Inox Green Energy Services Limited

CEO Mr. Seethappa Karunakaran Mathusudhana
IPO Date Nov. 23, 2022
Location India
Headquarters INOX Towers
Employees 314
Sector Utilities
Industries
Description

Inox Green Energy Services Limited provides operation and maintenance services and common infrastructure facilities for wind turbine generators in India. It also offers erection, procurement, and commissioning services, as well as develops wind farms. The company operates through Operation & Maintenance; Erection, Procurement & Commissioning; and Power Generation segments. Its operational services include remote monitoring and control through supervisory control and data acquisition, and coordination with DISCOM's that covers timely reading of energy meter; provision of daily generation reports to the customers; and implementation of quality and safety and environment management systems for its outsourced staff. The company also provides maintenance services, such as predictive and reactive maintenance. The company was formerly known as Inox Wind Infrastructure Services Limited and changed its name to Inox Green Energy Services Limited in October 2021. The company was incorporated in 2012 and is based in Noida, India. Inox Green Energy Services Limited operates as a subsidiary of Inox Wind Limited.

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StockViz Staff

January 15, 2025

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