INOX Green Energy Services (NSE:INOXGREEN) ROCE %: 10.86% (As of Mar. 2026)


NSE:INOXGREEN INOX Green Energy Services Ltd NSE:INOXGREEN
75 GF Score
Price ₹199.17
GF Value ₹173.64
Valuation Modestly Overvalued
! 5 Warning Signs
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What is INOX Green Energy Services ROCE %?

INOX Green Energy Services NSE:INOXGREEN +0.29% 75 ROCE % is 10.86% as of Mar. 2026. GuruFocus rates NSE:INOXGREEN with a GF Score™ of 75/100 and a GF Value™ of ₹173.64 (Modestly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. INOX Green Energy Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.86%.

INOX Green Energy Services  (NSE:INOXGREEN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

INOX Green Energy Services ROCE % Related Terms

INOX Green Energy Services ROCE % Historical Data

* Premium members only.

The historical data trend for INOX Green Energy Services's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

INOX Green Energy Services ROCE % Chart

INOX Green Energy Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 3.01 1.89 3.31 3.58 8.46

INOX Green Energy Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 6.69 7.49 7.47 10.86
NSE:INOXGREEN
75GF Score
INOX Green Energy Services Ltd NSE:INOXGREEN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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INOX Green Energy Services ROCE % Calculation

INOX Green Energy Services's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1665.9/( ( (24868.989 - 2979.825) + (21128.6 - 3631) )/ 2 )
=1665.9/( (21889.164+17497.6)/ 2 )
=1665.9/19693.382
=8.46 %

INOX Green Energy Services's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1900.8/( ( (0 - 0) + (21128.6 - 3631) )/ 1 )
=1900.8/( ( 0 + 17497.6 )/ 1 )
=1900.8/17497.6
=10.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 10.86% mean?
INOX Green Energy Services (NSE:INOXGREEN) has a ROCE % of 10.86% as of Mar. 2026.
Is INOX Green Energy Services' ROCE % too high?
INOX Green Energy Services' current ROCE % is 10.86%. The Utilities - Independent Power Producers industry median ROCE % is 4.62. INOX Green Energy Services' value of 10.86% is 135.1% above this industry median. Overall, INOX Green Energy Services has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INOX Green Energy Services' ROCE % compare to competitors?
INOX Green Energy Services' ROCE % of 10.86% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.62. INOX Green Energy Services' value of 10.86% is 135.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.62, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. INOX Green Energy Services's current ROCE % of 10.86% is 135.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX Green Energy Services's current ROCE % is 10.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX Green Energy Services stock overvalued right now?
Based on GuruFocus' analysis, INOX Green Energy Services (NSE:INOXGREEN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹173.64, compared to a current price of ₹199.17 — trading 14.7% above its estimated fair value. The current ROCE % is 10.86% and 135.1% above the Utilities - Independent Power Producers industry median of 4.62. INOX Green Energy Services' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For INOX Green Energy Services (NSE:INOXGREEN), the current ROCE % is 10.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is INOX Green Energy Services (NSE:INOXGREEN) Overvalued in 2026?

Based on GuruFocus' analysis, INOX Green Energy Services stock appears to be overvalued. The current stock price of ₹199.17 is trading 14.7% above its estimated GF Value™ of ₹173.64. GuruFocus considers INOX Green Energy Services to be Modestly Overvalued.

Key valuation signals for NSE:INOXGREEN:

  • ROCE %: 10.86%
  • GF Value™: ₹173.64 vs. price of ₹199.17 (14.7% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 135.1% above the Utilities - Independent Power Producers median

No single metric tells the full story. See the NSE:INOXGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

INOX Green Energy Services Business Description

Other Exchanges 543667:India
Address INOXGFL Towers, Plot No. 17, Sector-16A, Noida, UP, IND, 201 301
INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service provider within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and common infrastructure facilities. The company generates almost all of its revenue from the sale of services.
75GF Score

Get the complete analysis for NSE:INOXGREEN

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹199.17
Price
₹173.64
GF Value