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Pre-IPOPublic Limited

Inox Clean Energy

Inox Clean Energy Limited

Energy·Renewable Power

CIN
—
ISIN
INE0H7K01023
Incorporated
—
Registered state
—

Key valuation

Market cap
₹71,294 Cr
P/E
2670.2x
Debt / equity
0.7x
Shares outstanding
90,82,03,822

Indicative price

₹785

First quote recorded 24 Aug 2026. Price changes appear once a second dated quote is recorded.

Updated 20 Oct 2026, 16:41

Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.

Price history

First recorded price

₹785

24 Aug 2026

The price chart appears here once a second dated quote is recorded.

Business overview

Inox Clean Energy Limited, part of the INOXGFL Group, is building out an integrated green-energy business in India. its core focus is manufacturing solar cells and modules and putting them to work in captive and third-party hybrid power projects. What sets its model apart is the pairing of solar manufacturing with independent-power-producer operations, run through its arm Inox Neo Energies Ltd. That lets it supply captive users, commercial and industrial customers, and power exchanges alike. The company has also grown inorganically, a 50 MW solar asset in Madhya Pradesh among its acquisitions, while working toward multi-gigawatt hybrid wind-and-solar projects. With innovation, sustainability and energy efficiency as recurring themes in how it describes itself, Inox Clean Energy is calling itself one of the companies pushing India toward a cleaner energy mix.

Key highlights

  • Incorporated in 2017

Financial snapshot

FY2025

Revenue FY2025
₹81.90 Cr
EBITDA
₹79.10 Cr
PAT
₹26.70 Cr
Net worth
₹481.20 Cr
Total debt
₹346.20 Cr
Cash & equivalents
—
Operating cash flow
₹12.50 Cr
EPS
₹0.29

Reported financials · FY2025–FY2025

Figures in ₹ crore unless stated.

ParticularsFY2025YoYCAGR
Profit & loss
Revenue from operations82——
Other income10——
Total expenses55——
EBITDA79——
Depreciation & amortisation14——
EBIT65——
Finance cost29——
Profit before tax36——
Tax expense9——
Profit after tax27——
Earnings per share₹0.29——
Balance sheet
Net worth481——
Total debt346——
Current liabilities14——
Current assets25——
Total assets1,255——
Cash flow
Operating activities13——
Investing activities-18——
Financing activities6——
Free cash flow8——
Net change in cash1——
Margins, returns, liquidity, leverage and every other ratio from these figures: see Ratios

Revenue, EBITDA and PAT

₹ crore. A year with no reported figure is left out rather than drawn as zero.

020416182FY2025 · Revenue: 82FY2025 · EBITDA: 79FY2025 · PAT: 27FY2025
020416182FY2025 · Revenue: 82FY2025 · EBITDA: 79FY2025 · PAT: 27FY2025
  • Revenue
  • EBITDA
  • PAT

Every ratio here is worked out from the reported figures in the Financials tab, and valuation multiples from the indicative price in the header. Nothing is a stored value. A ratio the filings cannot support (a line not reported, or a zero or negative base) is left out or shown as —, never as a misleading number. Balance-sheet ratios use year-end figures.

Valuation multiples

What the indicative price pays for the latest year's earnings, book and cash. On FY2025 figures and the ₹785 indicative price.

Market cap
₹71,294 Cr
Enterprise value
₹71,640 Cr
Price / earnings (P/E)
2670.19x
Price / book (P/B)
148.16x
Price / sales (P/S)
870.50x
Price / operating cash flow
5703.52x
EV / EBITDA
905.69x
EV / EBIT
1097.09x
EV / sales
874.73x
Earnings yield
0.0%
Free cash flow yield
0.0%
How these are worked out
Market cap
Indicative price × shares outstanding
Enterprise value
Market cap + debt − cash
Price / earnings (P/E)
Market cap ÷ PAT (profitable years only)
Price / book (P/B)
Market cap ÷ net worth
Price / sales (P/S)
Market cap ÷ revenue from operations
Price / operating cash flow
Market cap ÷ cash from operating activities
EV / EBITDA
Enterprise value ÷ EBITDA
EV / EBIT
Enterprise value ÷ (EBITDA − depreciation)
EV / sales
Enterprise value ÷ revenue from operations
Earnings yield
PAT ÷ market cap
Free cash flow yield
(Operating cash flow − capex) ÷ market cap

IPO / listing status

Pre-IPONot yet announced

The company has not announced IPO details such as a DRHP filing, an expected window or its bankers. This section will update once it does.

Research & news

Information currently unavailable

Nothing has been published on Inox Clean Energy yet. Research, news and articles tagged with it will appear here when they are.

Browse all research

Documents

Information currently unavailable

No documents have been catalogued for this company yet.