Inox Green Energy Services Ltd vs Machhar Industries Ltd Stock Comparison

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Last Updated on: Oct 22, 2026

Key Highlights

The Latest Trading Price of Inox Green Energy Services Ltd is ₹ 115.9 as of 22 Oct 15:30 . The P/E Ratio of Inox Green Energy Services Ltd changed from 124.4 on March 2024 to 53.3 on March 2026 . This represents a CAGR of -15.59% over 5 yearsThe P/E Ratio of Machhar Industries Ltd changed from 28.7 on March 2024 to 0 on March 2026 . This represents a CAGR of -100.00% over 5 years The Market Cap of Inox Green Energy Services Ltd changed from ₹ 1149 crore on March 2023 to ₹ 5460 crore on March 2026 . This represents a CAGR of 29.65% over 6 yearsThe Market Cap of Machhar Industries Ltd changed from ₹ 17.84 crore on March 2024 to ₹ 0 crore on March 2026 . This represents a CAGR of -100.00% over 5 years The revenue of Inox Green Energy Services Ltd for the Jun '26 is ₹ 101.18 crore as compare to the Mar '26 revenue of ₹ 119.48 crore. This represent the decline of -15.32% The revenue of Machhar Industries Ltd for the Jun '26 is ₹ 6.13 crore as compare to the Mar '26 revenue of ₹ 4.52 crore. This represent the growth of 35.62% The ebitda of Inox Green Energy Services Ltd for the Jun '26 is ₹ 56.95 crore as compare to the Mar '26 ebitda of ₹ 47.68 crore. This represent the growth of 19.44% The ebitda of Machhar Industries Ltd for the Jun '26 is ₹ 0.54 crore as compare to the Mar '26 ebitda of ₹ 0.4 crore. This represent the growth of 35% The net profit of Inox Green Energy Services Ltd changed from ₹ 4.14 crore to ₹ 40.79 crore over 9 quarters. This represents a CAGR of 176.43% The net profit of Machhar Industries Ltd changed from ₹ 0.14 crore to ₹ 0.29 crore over 9 quarters. This represents a CAGR of 38.22% The Dividend Payout of Inox Green Energy Services Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Machhar Industries Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Inox Green Energy Services Ltd

Inox Green Energy Services Limited (IGESL) was originally incorporated as a Public Company as Inox Wind Infrastructure Services Limited' at Vadodara, Gujarat dated May 11, 2012, issued by the Registrar of Companies, Gujarat.
The Company commenced operations dated June 14, 2012 and name of the Company was changed to Inox Green Energy Services Limited', via fresh Certificate of Incorporation issued by the RoC on October 27, 2021. IGESL is a leading provider of O&M services for renewable energy (RE) assets in India - wind, solar, hybrid and common infrastructure for RE projects.
The Company is a subsidiary of Inox Wind Limited and its ultimate holding company is Inox Leasing and Finance Limited.
Presently, Company is engaged in providing Operations and Maintenance (O&M) services of WTGs and Common Infrastructure Facilities.

About Machhar Industries Ltd

Machhar Industries Limited is engaged in the business of conversion of Ammonium Nitrate Melt into Solid form on Job work basis at Bharuch Plant in Gujarat.
It is also engaged in production of Diesel Exhaust Fluid (DEF) at Chitegaon Factory, Chhatrapati Sambhajinagar, Maharashtra. The Company was established in 2008 following the demerger of Anil Chemicals & Industries Limited.
Machhar Industries is a leading industrial house located in Aurangabad, Maharashtra.
The Company operates with two distinct divisions: the chemical division and the automotive division. The chemical division is involved in the production of Ammonium Nitrate, a key raw material for explosive industry.
The automotive division is involved in manufacturing and distribution of AdBlue (also known as Diesel Exhaust Fluid - DEF).

FAQs for the comparison of Inox Green Energy Services Ltd and Machhar Industries Ltd

Which company has a larger market capitalization, Inox Green Energy Services Ltd or Machhar Industries Ltd?

Market cap of Inox Green Energy Services Ltd is 4,863 Cr while Market cap of Machhar Industries Ltd is 28 Cr

What are the key factors driving the stock performance of Inox Green Energy Services Ltd and Machhar Industries Ltd?

The stock performance of Inox Green Energy Services Ltd and Machhar Industries Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Inox Green Energy Services Ltd and Machhar Industries Ltd?

As of October 22, 2026, the Inox Green Energy Services Ltd stock price is INR ₹115.9. On the other hand, Machhar Industries Ltd stock price is INR ₹391.0.

How do dividend payouts of Inox Green Energy Services Ltd and Machhar Industries Ltd compare?

To compare the dividend payouts of Inox Green Energy Services Ltd and Machhar Industries Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.