Inox Green Energy Services Ltd. · NSE:INOXGREEN
Inox Green Energy Services — Q2 FY26 Earnings Presentation
21 slides from Inox Green Energy Services's earnings presentation, Nov 14, 2025
Slide 1: Inox Green Energy Services Limited Q2 FY26 Results Presentation
INOX GREEN ENERGY SERVICES LIMITED Q2 FY26 RESULTS PRESENTATION NOVEMBER 2025 1
Slide 2: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Inox Green Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 3: Contents
CONTENTS 1. KEY HIGHLIGHTS OF THE QUARTER 2. GROUP OVERVIEW 3. INOX GREEN – RENEWABLE O&M BUSINESS – STABILITY WITH GROWTH 4. WIND SECTOR IN INDIA – A MULTI- DECADAL GROWTH STORY BOOSTED BY DOMESTIC CONTENT REQUIREMENT 5. KEY FINANCIALS 3
Slide 4: Key Highlights
KEY HIGHLIGHTS ✓ Best ever quarterly financial performance ✓ For the quarter, Inox Green reported: ✓ Total income of Rs 129.5 crores in Q2 FY26 vs Rs 64.4 crores in Q2 FY25, up 101 % YoY ✓ EBIDTA of Rs 52.2 crores in Q2 FY26, vs Rs 34.4 crores in Q2 FY25, up 52 % YoY ✓ Profit after tax of Rs 28.1 cr
Slide 5: Group Overview
GROUP OVERVIEW 5
Slide 6: INOXGFL Group – A Multi-Billion-Dollar Indian Conglomerate
INOXGFL GROUP – A MULTI-BILLION-DOLLAR INDIAN CONGLOMERATE INOXGFL Group, with a legacy of over nine decades, is a multi-billion-dollar Indian conglomerate with three listed entities. Being one of the leaders in energy transition, the Group is a forerunner in diversified business segments spanning f
Slide 7: INOXGFL Group – Leaders in Energy Transition
INOXGFL GROUP – LEADERS IN ENERGY TRANSITION INOXGFL Group has one of the most integrated presence across the energy transition value chain Manufacturing Services RE Independent Power Producer RE Power Purchase 7
Slide 8: Inox Green – Renewable O&M Business – Stability with Growth
INOX GREEN – RENEWABLE O&M BUSINESS – STABILITY WITH GROWTH 8
Slide 9: A Growth-Oriented Annuity Business Proposition
A GROWTH-ORIENTED ANNUITY BUSINESS PROPOSITION Comprehensive O&M Established track Technology driven Solutions Provider for WTGs, record in the wind company with focus on solar and common energy O&M industry predictive maintenance infrastructure for renewable of >10 years over reactive maintenance p
Slide 10: A Compelling Growth Story
A COMPELLING GROWTH STORY Inox Green’s 12.5 GW* O&M portfolio is ✓ Provides comprehensive O&M Solutions for WTGs, solar & hybrid spread across 12 key renewable states of India projects as well as for the common infrastructure for renewable projects through long-term contracts of 5-20 years ✓ Presenc
Slide 11: Portfolio of ~12.5 GW* of O&M Assets
PORTFOLIO OF ~ 12.5 GW* OF O&M ASSETS Strong growth in O&M portfolio since inception Portfolio in GW 12.5 * 2.4 2.8 1.1 0.09 2013 2016 2019 2022 2025 Key Metrics 1 2 3 4 5 6 ~12.5 GW* Multi-year residual Upto 25 years 3.2 GW Rs 227 cr Rs 100 cr Current duration of the O&M Tenor of O&M Net Order Book
Slide 12: An Asset-Light Growth-Oriented Annuity Business Model
AN ASSET-LIGHT GROWTH-ORIENTED ANNUITY BUSINESS MODEL Demerger to lighten up balance sheet; Focus is on Digital Transformation Initiatives of Inox Green long-term contracts with steady cashflows Inox Green provides Long-term O&M services for wind 24x7 centralized Performance analysis farm projects,
Slide 13: Growth Strategy – On Track to Become the Largest Indian O&M Company
GROWTH STRATEGY – ON TRACK TO BECOME THE LARGEST INDIAN O&M COMPANY Inorganic growth opportunities Customers across the board are looking for a switchover to a strong, credible, renowned and Indian O&M service provider. At Inox Green, we are well placed to capture this opportunity going forward. Mul
Slide 14: ESG Framework
ESG FRAMEWORK Business Responsibility & Global Reporting Initiative Standard Sustainability Reporting Sources of emissions Policy Structure & Certifications Scope 1 emissions Includes: Use of diesel • Environment & Energy as part of IMS Total: 1009 tons CO2 equivalent • ISO 14001:2015:- Environment
Slide 15: Wind Sector in India – A Multi-Decadal Growth Story
WIND SECTOR IN INDIA – A MULTI-DECADAL GROWTH STORY BOOSTED BY FAVORABLE POLICY & REGULATORY ENVIRONMENT 15
Slide 16: India Wind Sector – A Multi-Decadal Growth Story
INDIA WIND SECTOR – A MULTI-DECADAL GROWTH STORY • India targets 122 GW of installed wind capacity from 53 GW currently – provides visibility of > Rs 5 trn for wind OEMs Large capacity and a large multi-year opportunity for O&M service providers targets leading to • Demand from commercial & industri
Slide 17: India Wind Sector – Favorable Macro Environment
INDIA WIND SECTOR – FAVORABLE MACRO ENVIRONMENT Out of ~ 8.3 GW renewables capacity awarded through tenders India targets to reach 596 GW of RE capacity by 2032 in Apr-Oct’26, ~ 3 GW comprised of wind / FDRE projects Wind 800 MW RE capacity FDRE 2170 MW Awarded in ~8.3 GW 7MFY26 Solar 350 MW Solar +
Slide 18: Key Financials
KEY FINANCIALS 18
Slide 19: Key Financials - Consolidated Income Statement
KEY FINANCIALS - CONSOLIDATED INCOME STATEMENT Particulars (Rs cr) Q2 FY26 Q1 FY26 Q2 FY25 (a) Revenue from operation (net of taxes) 85.9 56.2 55.2 (b) Other Income 43.6 41.6 9.2 Total Income from operations (net) 129.5 97.8 64.4 Expenses (a) EPC, O&M, Common infrastructure facility expenses 53.2 28
Slide 20: Key Financials - Consolidated Balance Sheet
KEY FINANCIALS - CONSOLIDATED BALANCE SHEET As at As at As at As at Particulars (Rs cr) Particulars (Rs cr) 30 September, 2025 31 March, 2025 30 September, 2025 31 March, 2025 ASSETS EQUITY AND LIABILITIES (1 ) Non-current assets Equity (a) Property, Plant and Equipment 675 694 (a) Equity Share capi
Slide 21: Thank You
THANK YOU Investor Relations Contact No: +91 120 614 9600 Email : investor@inoxgreen.com Follow us on Social Media: This presentation and the related discussions may contain “forward looking statements” by Inox Green Energy Services Limited (“Inox Green” or “the Company”) that are not historical in
Inox Green Energy Services — Q2 FY26 Earnings Presentation on 6ix