INOXGREEN NSE filing

Inox Green Energy Services Limited: Transcript of Q4 FY26 Earnings Call Released

The RealCase readHigh impact Positive

Inox Green Energy Services Limited released its Q4 FY26 earnings call transcript. The company reported Q4 FY26 income of ₹120 crore, up 40% YoY, with EBITDA up 93% to ₹57 crore. Inox Green maintains an EBITDA guidance of over ₹600 crore for FY27. Inox Wind reported Q4 FY26 revenue of ₹1,306 crore and expects 75% revenue growth in FY27.

Why it matters

The announcement includes detailed financial results, significant strategic updates (acquisitions, demergers, business pivots), and positive future guidance, all of which are material for investors and have a high impact on the company's valuation and future prospects.

The market read

The transcript details strong financial performance for Q4 FY26 for both Inox Green and Inox Wind, with significant year-on-year growth in revenue and profits. Positive future guidance and strategic developments like acquisitions and demergers indicate a positive outlook.

Inox Green Energy Services Limited has released the transcript of its conference call held on May 29, 2026, with analysts and investors to discuss the audited financial results for the quarter and financial year ended March 31, 2026.

The call featured key management personnel from Inox Wind and Inox Green Energy Services Limited, including Mr. Devansh Jain (Executive Director, INOXGFL Group), Mr. Kailash Tarachandani (Group CEO, Renewables Business), Mr. Sanjeev Agarwal (CEO, Inox Wind), and Mr. S. K. Mathusudhana (CEO, Inox Green).

Discussions highlighted the strong performance of the renewable energy sector, with an expected annual wind capacity addition of 8 to 10 GW over the next few years. Inox Green reported a total income of ₹120 crore for Q4 FY26, a 40% year-on-year increase, with EBITDA up 93% to ₹57 crore and PAT up 340% to ₹28 crore. Machine availability for the entire portfolio averaged approximately 96.5%.

Inox Green's portfolio stands at over 13 GWp, comprising about 10.5 GW of wind assets and the balance solar assets. The company anticipates significant growth following the acquisition of 6.5 GW of operational wind O&M assets, which is expected to lead to a multifold increase in consolidated EBITDA and PAT for FY27. The company has guided for an EBITDA upwards of ₹600 crore for FY27. Additionally, the scheme of demerger of Inox Green's evacuation infrastructure business and its merger into Inox Renewable Solutions has been approved by the Honorable NCLT, Ahmedabad, eliminating approximately ₹1,000 crore from Inox Green's balance sheet and reducing annual depreciation by ₹50-55 crore.

Inox Wind reported consolidated revenue of ₹1,306 crore for Q4 FY26, with EBITDA of ₹333 crore and PAT of ₹106 crore. The company is pivoting towards equipment supply, aiming for 75% to 80% of its order book to be equipment supply, a significant shift from its previous 100% turnkey order book. The launch of their new 4.4-MW turbine is on track for commercial launch within the calendar year. For FY27, Inox Wind expects consolidated revenue to grow by around 75% with EBITDA margins of 20% to 20%.

Filing to action

What to do with a filing like this

Inox Green Energy Services Limited filed this with the NSE as a statutory disclosure, categorised under concall scheduled. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Inox Green Energy Services Limited. Read the original for the full detail.

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