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Prices as of 9 Oct 2026 close · Not investment advice

Indowind Energy Limited

NSE: INDOWINDPower Generation

Share price

₹8.28

-1.31% close of 9 Oct 2026

Market cap ₹133 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

39

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹133 Cr

P/E ratio

—

P/B ratio

0.4

ROCE

1.4%

ROE

0.0%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹17.9352-week low ₹7.06

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Dec 2009 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Dec 2009 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Indowind Energy Limited — this one———
Vedanta Power Limited—20.3×—
Jaiprakash Power Ventures Limited97%/yr11.7×₹0.12
Reliance Power Limited24%/yr——
GMR Power and Urban Infra Limited———
KPI Green Energy Limited61%/yr14.0×₹0.23

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Power Generation), it ranks 24 of 26 on returns, 20 of 25 on growth, 17 of 26 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 1.4% on capital, ahead of 8% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹2 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

4 of 9 checks clear · 44%

Latest result · Q4 FY26

What the last results showed. Whether management kept its word is in Pro.

Announced 22 Sep 2026 · Standalone · Audited

Revenue

₹5 Cr

Net profit

-₹6 Cr

EPS

₹-0.39

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹133 Cr
Prev close
₹8.28
52w High
₹18.9
52w Low
₹7.0
Enterprise value
₹121 Cr
Beta
1.6
Price CAGR 1y
-46.0%
Price CAGR 3y
-12.0%
Price CAGR 5y
4.0%
Price CAGR 10y
8.0%

Ratios

Return on assets
0.0%
PEG ratio
—
P/E ratio
—
P/B ratio
0.4
EV / EBITDA
9.8
Industry P/E
20.6
ROCE
1.4%
ROCE 5y average
2.2%
ROE
0.0%
Debt / Equity
0.0
Interest coverage
1.5
Dividend yield
0.0%
ROE 3y average
1.0%
ROE last year
0.0%

Annual P&L

Annual revenue
₹40 Cr
Annual profit
₹0 Cr
Operating margin
29.9%
Net profit margin
0.0%
EBITDA margin
29.9%
Sales growth 3y
5.9%
Sales growth 5y
17.6%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹0.0
Sales growth TTM
-5.0%
Profit growth TTM
-108.0%
Dividend payout
—

Quarter P&L

Sales latest quarter
₹8 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
-26.9%
YoY quarterly profit growth
-18.3%
OPM latest quarter
53.1%

Balance Sheet

Book Value
₹19.1
Face Value
₹10.0
Total debt
₹10 Cr
Total cash
₹22 Cr
Borrowings
₹10 Cr
Reserves / Equity
0.9

Cash Flow

Operating cash flow
₹3 Cr
Free cash flow
-₹19 Cr
FCF yield
-16.5%
Net cash flow
₹8 Cr

Shareholding

Promoter holding
48.2%
FII holding
0.0%
DII holding
—
Public holding
51.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
NTPC316.7511.13,07,1422.846,896.411.850,741.07.88.9
Adani Green1,341.40114.02,20,9520.00983.016.94,431.016.67.4
JSW Energy485.4544.489,0060.41532.7-36.65,207.11.28.2
NTPC Green Ene.88.51122.974,5810.00304.838.31,106.962.73.6
NHPC Ltd72.5019.272,8272.221,178.12.93,808.318.55.8
NLC India250.3510.834,7141.54436.3-39.34,716.823.38.4
ACME Solar Hold.436.1551.830,8300.05235.364.8857.567.88.9
Indowind Energy8.581380.002.1-13.18.4-26.91.4
Median111.7921.48,1690.0059.817.9815.414.36.2

Competes with: Acme Solar Holdings Limited, Adani Green Energy, JSW Energy, NHPC Limited, NLC India Limited, NTPC Green Energy Limited, NTPC Limited, SJVN Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7.63189.734.447.35165.566.6312186.195.278.44
Expenses1.827.6495.394.456.824.806.926.347.226.617.333.96
Material Cost00000
Change in Inventories000-0.200
Purchases of Stock-in-Trade00000
Employee Cost0.650.830.881.240.80
Other Expenses5.696.395.746.283.16
Operating Profit5.81100.73-0.952.908.990.76-0.295.2110-0.42-2.064.48
OPM %76577.50-21395714-4.374559-6.79-3953
Other Income-1.010.050.301.740.020.110.34000.191.67-2.440
Exceptional items (within Other Income)001.67-2.440
Interest1.311.870.660.440.430.560.420.530.272.380.180.100.29
Depreciation2.064.430.300.321.044.510.741.092.423.610.841.332.40
Profit before tax1.434.020.070.031.454.03-0.06-1.912.524.530.23-5.931.79
Tax %-22-23200-2,000-17-9.430127-2.38-1.10-5727-17
Net Profit1.754.96-0.070.631.694.42-0.07-4.342.574.570.36-7.512.10
EPS in Rs0.090.3100.040.100.270-0.270.140.290.03-0.460.12
Diluted EPS in Rs0.200.370.03-0.460

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales20172626222118253439354037
Expenses119.48111516128.39182023232825
Material Cost0
Change in Inventories-0.20
Purchases of Stock-in-Trade0
Employee Cost3.60
Other Expenses22
Operating Profit9.087.4015116.158.349.576.541416121212
OPM %45445641284053274141343033
Other Income5.147.132.37-170.576.332.062.42-5.961.090.800.42-0.58
Exceptional items (within Other Income)-2.44
Interest6.176.796.717.6775.292.051.892.204.271.952.932.95
Depreciation7.547.55149.509.329.319.326.926.997.107.398.218.18
Profit before tax0.510.19-3.48-24-9.600.070.260.15-1.165.563.511.350.62
Tax %55-284-43-11281415131,560-315299
Net Profit0.230.77-1.99-21-120.060.220.13-197.271.710.01-0.48
EPS in Rs0.010.04-0.11-1.11-0.6500.010.01-1.200.450.110-0.02
Diluted EPS in Rs0
Dividend Payout %00000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
9%
5 years
18%
3 years
6%
TTM
-5%

Compounded profit growth

10 years
—
5 years
—
3 years
—
TTM
-108%

Stock price CAGR

10 years
8%
5 years
4%
3 years
-12%
1 year
-46%

Return on equity

10 years
0%
5 years
1%
3 years
1%
Last year
0%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9090909090909090107107129161
Reserves8183144123111111140141123130134146
Borrowings77741001001019161566025139.54
Other Liabilities70705.531.560.782.541.541.6823203031
Minority Interest0.71
Total Liabilities318317339314302294292288313282306348
Fixed Assets156200229199189181246166159236243245
CWIP4664486169740.960.960.960.960.9612
Investments6.128.4110101010101.040.040.040.040.04
Other Assets110455343342935120153466290
Total Assets318317339314302294292288313282306348

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1.881.827.967.475.339.776.041.410.32-8.051.972.77
Cash from Investing Activity6.3310-6.689.801.810.970.922.634.7844-22-34
Cash from Financing Activity-8.58-8.58-0.63-18-7.35-9.29-4.85-6.4615-572039
Net Cash Flow-0.363.710.64-0.96-0.211.442.11-2.4220-210.737.52
Free Cash Flow1.171.823.22147.026.605.721.430.12-9.33-18-19

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days991018984968310412088795735
Cash Conversion Cycle991018984968310412088795735
Working Capital Days73-1940-322917139-446-2732582171
ROCE %2.682.890.962.45-0.85-0.090.790.712.733.932.021.44

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters515151514747474747484848
FIIs0.02000.240.010.030.020.010.05000.02
Public494949495353535353525252
No. of Shareholders68,05971,63579,55886,4171,02,1851,09,0781,14,6721,12,4811,10,3351,08,7881,08,2791,08,322

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -48.5% (₹16.07 → ₹8.28)Brick size ₹0.37 (fixed)Bricks 79
₹10.00₹15.00₹8.28Nov '25Jan '26Mar '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹8.28 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

1.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-12.46inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Indowind Energy Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells to

  • Bangalore Electricity Supply Company Limited (BESCOM) · wind power under long-term PPA (Karnataka)
  • Tamil Nadu Generation and Distribution Corporation Ltd · wind power under PPA / wheeling and banking for group-captive sale (Tamil Nadu)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Power
Industry
Power Generation
Classification
Power › Power Generation
ISIN
INE227G01018

Plants

  • Aralvoimozhi wind farm
  • Beladadi wind farm, Gadag
  • Elkornahalli wind farm, Chitradurga
  • Hanumasagar wind farm
  • Kasikkuvaithan wind farm, Nettur
  • Keelaveeranam wind farm, Nettur
  • Levingipuram wind farm
  • Mallasamudra wind farm, Gadag
  • Muppandal wind farm
  • Pazhavoor wind farm
  • Sambavarvadakarai wind farm, Tenkasi
  • Senbagaramanpudur wind farm
  • Soundarapandiapuram wind farm, Tenkasi

News impact

Big market events that reach Indowind Energy Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
30 Jun 2026INDUS CAPITAL PRIVATE LIMITEDBUY22,78,711₹9.22
30 Jun 2026INDUS FINANCE CORPORATION LTDSELL20,00,000₹9.20

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
27 Aug 2026INDUS CAPITAL PRIVATE LIMITED · Promoter GroupBUY1,46,5460.14
24 Aug 2026INDUS CAPITAL PRIVATE LIMITED · Promoter GroupBUY4,05,5000.35

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.