Indowind Energy Ltd.

BSE: INDOWIND532894ISIN INE227G01018

Utilities
Power Generation

Share price

₹8.51+0.34 (+4.16%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: —
52W low: —
Off 52W high: —
1M return: -0.47%
3M return: -6.99%
6M return: -21.06%
1Y return: —
20D avg volume: 11,228
50 DMA: ₹8.70
200 DMA: ₹9.65

Key ratios Consolidated

Market cap: ₹137.01 Cr
Current price: ₹8.51
52W high / low: — / —
Face value: ₹10.00
P/E: -327.79
P/B: 0.45
EPS (TTM): ₹-0.03
Book value / share: ₹19.09
ROE: —
ROCE: 1.20%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹0.78 Cr
Interest cover: 1.46
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 37.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	8.30	5.23	6.01	17.55	11.54	4.80	7.94	13.34	5.46	—
	0.13	0.04	0.18	0.19	0.01	1.83	0.34	0.11	0.02	—
	8.44	5.27	6.19	17.74	11.55	6.63	8.28	13.45	5.47	—
	6.64	8.75	7.64	13.21	9.03	8.54	8.35	9.42	4.03	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	3.10	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.80	1.24	0.88	0.83	0.65	1.01	0.56	0.73	0.69	—
	0.29	0.10	0.18	2.38	0.27	0.53	0.42	0.56	0.42	—
	2.40	1.33	0.84	3.61	2.42	1.09	0.74	4.51	1.04	—
	3.16	6.28	5.74	6.39	5.69	6.10	0.38	—	0.67	—
	1.79	-3.49	-1.44	4.53	2.52	-1.91	-0.07	4.04	1.45	—
	0.00	-2.44	1.67	0.00	0.00	0.00	0.00	0.00	0.00	—
	1.79	-5.93	0.23	4.53	2.52	-1.91	-0.07	4.04	1.45	—
	-0.31	1.57	-0.13	0.05	-0.06	2.87	0.00	0.38	0.24	—
	2.11	-7.46	0.36	4.58	2.29	-4.77	0.02	4.41	1.61	—
	0.13	-0.46	0.03	0.37	0.20	-0.37	—	0.34	0.16	—
Key metrics
	4.48	-4.50	1.25	10.52	5.21	-0.29	1.09	9.11	2.91	—
	54.00%	-86.00%	20.80%	59.90%	45.10%	-6.00%	13.70%	68.30%	53.30%	—
	25.40%	-142.60%	6.00%	26.10%	19.80%	-99.40%	0.30%	33.10%	29.50%	—
	—	-1.70%	—	2.20%	—	-0.50%	—	—	—	—
	-28.10%	9.00%	-24.30%	31.60%	111.40%	—	—	—	—	—
	-7.90%	-56.40%	1,700.00%	3.90%	42.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	37.09	40.33	33.51	—
	0.54	0.42	2.30	—
	37.64	40.75	35.81	—
	36.24	36.96	32.30	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	3.75	3.60	3.27	—
	2.95	2.93	1.95	—
	8.18	8.21	7.39	—
	21.57	22.42	19.90	—
	1.39	3.79	3.51	—
	-0.77	-2.44	0.00	—
	0.62	1.35	3.51	—
	1.18	1.34	2.24	—
	-0.41	0.00	1.26	—
	0.07	0.00	0.11	—
Key metrics
	11.75	12.49	12.85	—
	31.68%	31.00%	38.30%	—
	-1.11%	0.00%	3.80%	—
	—	1.20%	1.80%	—
	-1.41%	20.40%	—	—
	-121.03%	-100.00%	—	—
	—	-19.12	-29.25	—
	—	—	-7.28	—
	—	0.03	0.02	—
	—	0.78	5.76	—
	—	37.6	63.3	—
Balance sheet
	—	347.72	305.40	—
	—	42.48	32.26	—
	—	8.73	1.21	—
	—	3.82	5.42	—
	—	1.78	1.58	—
	—	—	20.59	—
	—	163.87	161.34	—
	—	1.45	1.18	—
	—	1.66	7.75	—
	—	9.51	6.97	—
	—	0.00	5.36	—
	—	9.51	1.61	—
	—	308.12	279.61	—
Cash flow
	—	2.77	-9.17	—
	—	-33.80	-22.50	—
	—	38.55	32.90	—
	—	21.89	20.08	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	6.72	5.05	4.31	12.97	8.78	2.02	5.39	10.08	2.87	—
	0.23	0.40	0.18	0.19	0.01	0.66	0.34	0.11	0.02	—
	6.95	5.45	4.49	13.16	8.79	2.68	5.73	10.19	2.89	—
	5.29	7.35	4.46	10.33	7.29	5.78	5.60	6.69	1.67	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	1.33	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.80	1.53	0.77	0.71	0.59	0.92	0.73	0.63	0.62	—
	0.29	0.10	0.18	2.38	0.27	0.85	0.42	0.56	0.43	—
	2.40	1.45	0.81	3.57	2.38	1.00	0.72	4.48	1.02	—
	1.81	4.47	2.71	3.66	4.04	3.21	0.32	1.57	0.51	—
	1.66	-1.90	0.03	2.83	1.50	-3.10	0.13	3.50	1.22	—
	0.00	-2.44	1.67	0.00	0.00	0.00	—	—	—	—
	1.66	-4.34	1.70	2.83	1.50	-3.10	0.13	3.50	1.22	—
	0.10	1.96	0.13	-0.35	-0.06	2.21	—	0.38	0.24	—
	1.57	-6.34	1.83	3.18	1.56	-5.31	0.13	3.88	1.46	—
	0.10	-0.39	0.11	0.25	0.12	-0.41	0.01	0.30	0.14	—
Key metrics
	4.35	-2.79	2.69	8.78	4.15	-1.25	1.27	8.54	2.67	—
	64.70%	-55.20%	62.40%	67.70%	47.30%	-61.90%	23.60%	84.70%	93.00%	—
	23.40%	-125.50%	42.50%	24.50%	17.80%	-262.90%	2.40%	38.50%	50.90%	—
	—	-1.20%	—	1.70%	—	-0.80%	—	—	—	—
	-23.50%	150.00%	-20.00%	28.70%	205.90%	—	—	—	—	—
	0.60%	-19.40%	1,307.70%	-18.00%	6.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	29.05	31.10	22.36	—
	1.00	0.79	1.13	—
	30.05	31.89	23.49	—
	27.43	27.75	21.74	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	3.81	3.60	2.91	—
	2.95	2.93	2.26	—
	8.23	8.21	7.22	—
	12.65	13.21	9.56	—
	2.62	4.14	1.75	—
	-0.77	-2.44	0.00	—
	1.85	1.70	1.75	—
	1.84	1.43	1.59	—
	0.24	0.27	0.16	—
	0.07	0.02	0.01	—
Key metrics
	13.03	12.84	11.23	—
	44.85%	41.30%	50.20%	—
	0.83%	0.90%	0.70%	—
	—	1.30%	1.40%	—
	10.58%	39.10%	—	—
	-7.69%	68.80%	—	—
	—	-18.99	-30.92	—
	—	10.74	-73.25	—
	—	0.03	0.03	—
	—	0.78	6.17	—
	—	48.7	122.8	—
Balance sheet
	—	347.72	301.69	—
	—	42.48	39.95	—
	—	8.73	0.80	—
	—	3.82	6.83	—
	—	1.78	1.58	—
	—	3.32	20.21	—
	—	163.87	157.49	—
	—	1.45	0.89	—
	—	2.05	7.49	—
	—	9.51	6.97	—
	—	0.00	5.36	—
	—	9.51	1.61	—
	—	307.41	276.07	—
Cash flow
	—	2.90	-11.72	—
	—	-33.44	-19.93	—
	—	38.08	32.58	—
	—	21.89	19.20	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +10.58%
Profit YoY (TTM): -7.69%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -1.41%
Profit YoY (TTM): -121.03%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 48.76%

Quarter	September 2026	June 2026
Promoter %	48.76%	48.19%

Holder	Type	Holding	Previous	Change
SOURA CAPITAL PRIVATE LIMITED	Promoter Group	12.20%	12.20%	0.00%
INDUS CAPITAL PRIVATE LIMITED	Promoter Group	10.81%	9.00%	+1.81%
SOURA INVESTMENTS HOLDINGS PRIVATE LIMITED	Promoter Group	8.93%	8.93%	0.00%
LOYAL CREDIT AND INVESTMENTS LIMITED	Promoter	8.30%	8.30%	0.00%
BALA VENCKAT KUTTI	Promoter	6.17%	6.17%	0.00%
COMMENDAM INVESTMENTS PRIVATE LIMITED	Public	2.26%	1.85%	+0.41%
K. S. RAVINDRANATH	Promoter Group	1.04%	1.04%	0.00%
K B PRATHADEVI	Promoter Group	0.60%	0.60%	0.00%
MANOHARAN V KUTTI	Promoter Group	0.47%	0.47%	0.00%
INDUS FINANCE LIMITED	Promoter	0.21%	1.45%	-1.24%
SHALINI KUTTI	Promoter Group	0.03%	0.03%	0.00%
INDUS NUTRI POWER PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
BEKAE PROPERTIES PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
EVER ON POWER LIMITED	Promoter Group	0.00%	0.00%	0.00%
AMITH KUTTI	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
NTPC Limited	3,11,942	321.70	10.24	8.60%	+7.39% TTM	+24.83% TTM	-2.72%
Adani Green Energy Limited	2,27,492	1,381.10	101.15	6.50%	+20.93% TTM	-3.27% TTM	+27.18%
JSW Energy Limited	93,306	508.90	33.61	7.50%	+26.38% TTM	+24.37% TTM	-3.57%
NHPC Limited	78,803	78.45	18.47	4.10%	+12.02% TTM	+23.69% TTM	-6.72%
NTPC GREEN ENERGY LIMITED	70,335	83.47	107.08	2.90%	+49.22% TTM	+8.45% TTM	-16.90%
NLC India Limited	34,444	248.40	10.23	7.70%	+16.51% TTM	+45.49% TTM	-5.23%
ACME Solar Holdings Limited	29,745	420.80	39.35	7.10%	+53.70% TTM	+57.50% TTM	+53.60%
SJVN LIMITED	22,026	56.05	22.27	5.90%	+98.93% TTM	+77.73% TTM	-35.83%
NAVA LIMITED	14,821	523.10	15.24	11.10%	+8.98% TTM	-29.91% TTM	-13.93%
Clean Max Enviro Energy Solutions Limited	14,670	1,247.35	78.18	5.10%	—	—	—
Juniper Green Energy Limited	14,495	254.75	—	—	—	—	—
Vedanta Power Limited	13,991	35.78	—	—	—	—	—
Jaiprakash Power Ventures Limited	9,444	13.78	19.17	6.80%	+5.95% TTM	-33.67% TTM	-23.15%
Reliance Power Limited	7,618	18.42	-24.04	4.90%	+2.87% TTM	-110.25% TTM	-54.76%
GMR Power and Urban Infra Limited	7,362	94.26	-47.42	18.30%	+4.38% TTM	-118.75% TTM	-23.24%
KPI Green Energy Limited	5,854	296.15	11.89	11.10%	+40.01% TTM	+32.95% TTM	-44.35%
RattanIndia Power Limited	3,507	6.53	19.34	6.30%	-4.08% TTM	+111.80% TTM	-39.59%
Gujarat Industries Power Co. Ltd S	2,638	169.95	5.25	4.20%	+23.78% TTM	+150.02% TTM	-4.87%
Ujaas Energy Limited S	2,442	183.05	373.57	5.60%	-26.01% TTM	-3.52% TTM	+45.22%
INSOLATION ENERGY LIMITED	1,609	72.98	—	19.20%	—	—	-59.77%
K.P. Energy Limited	1,138	167.90	6.25	32.80%	+74.28% TTM	+48.57% TTM	-63.41%
Orient Green Power Company Limited	1,035	8.82	15.47	8.10%	-0.14% TTM	+16.17% TTM	-36.91%
GVK Power & Infrastructure Ltd	324	2.05	-55.06	-1,357.80%	-100.00% TTM	+99.25% TTM	-38.25%
Surana Telecom And Power Limited	206	15.18	6.81	11.50%	+140.45% TTM	+35.38% TTM	-28.97%
WAAREE TECHNOLOGIES LIMITED S	196	182.30	-46.98	-62.90%	—	—	-29.65%
Indowind Energy Ltd.	137	8.51	-327.79	1.20%	-1.41% TTM	-121.03% TTM	—

Filings & corporate actions

Recent announcements

Indowind Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited Financial Results ....29 Oct 2026 · Board Meeting / Board Meeting
Dera sir/madam, PFA Certificate under regulation 74(5) of SEBI DP Regulations.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Dear sir/Madam, PFA disclosure under reg 30.6 Oct 2026 · Company Update / Award of Order / Receipt of Order
Dear sir/Madam, PFA intimation for appointment of Independent Director.30 Sep 2026 · Company Update / Change in Management
Dear sir,Madam, PFA voting results for the 31st Annual General Meeting.29 Sep 2026 · AGM/EGM / AGM
Dear sir/Madam, PFA disclosure regarding closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Dear sir/Madam, PFA Proceedings of AGM.25 Sep 2026 · AGM/EGM / AGM
Dear sir/ madam, PFA disclosure under regulation 30 on cessation of Independent Director on completion of tenure.15 Sep 2026 · Company Update / Retirement
Dear sir/madam, PFA disclosure regarding resignation of independent director.9 Sep 2026 · Company Update / Resignation of Director
Dear sir/Madam, PFA Annual report for the financial year ended 31st March 2026.2 Sep 2026 · Others / Reg. 34 (1) Annual Report
Dear sir/Madam, PFA Outcome of Board Meeting.13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Dear sir/Madam, PFA Unaudited financial results as on 30.06.2026.13 Aug 2026 · Result / Financial Results
Indowind Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Dear sir/Madam, PFA prior ....5 Aug 2026 · Board Meeting / Board Meeting
Deae sir/Madam, PFA Compliance Certificate Under Reg 74(5) of SEBI (DP) Regulations.10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Dear sir/Madam, PFA intimation regarding closure of trading window for the quarter ending 30th June 2026.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Dear sir/Madam, PFA Annual Secretarial Compliance Report.28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Dear sir/Madam, PFA outcome of Board Meeting held on 26th May 2026.26 May 2026 · Board Meeting / Outcome of Board Meeting
Dear sir/Madam, PFA Audited financial Results as on 31.03.2026.26 May 2026 · Result / Financial Results
Indowind Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve Audited financial statements ....19 May 2026 · Board Meeting / Board Meeting
Dear sir/Madam, PFA the modified NCLT Order Dated March 10th 2026 w.r.t amalgamation of IND ECO VENTURES LIMITED with INDOWIND ENERGY LIMITED.7 May 2026 · Company Update / Award of Order / Receipt of Order
Dear sir/Madam, PFA our reponse for clarification of price movement.25 Apr 2026 · Company Update / General
The Exchange has sought clarification from Indowind Energy Ltd on April 24, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....24 Apr 2026 · Company Update / Clarification
Dear, PFA the certificate under regulation 74(5) for your records.9 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Dear sir/ Madam, PFA intimation for closure of trading window for the quarter and financial year ended 31.03.2026.25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Dear sir/Madam, PFA the order of merger of Indowind Energy Limited with Ind Eco Ventures Limited.13 Mar 2026 · Company Update / Award of Order / Receipt of Order
Dear sir/Madam, PFA Announcement under regulation 30 for amendment of MOA.6 Mar 2026 · Company Update / Amendments to Memorandum & Articles of Association
Dear sir/Madam, PFA voting results along with scrutinizer''s report.6 Mar 2026 · AGM/EGM / Postal Ballot
Dear sir/Madam, PFA transcript of earnings conference call.5 Feb 2026 · Company Update / Analyst / Investor Meet
Dear sir/Madam, PFA the outcome of Audio recording of Analyst/ Investors meeting held on Tuesday 03rd February, 2026.3 Feb 2026 · Company Update / Analyst / Investor Meet
Dear sir/Madam, PFA Notice of postal ballot,3 Feb 2026 · AGM/EGM / Postal Ballot
Dear sir/Madam, PFA updated disclosure to Earnings Conference call.30 Jan 2026 · Company Update / General
Dear sir, PFA Press Release of Indowind Energy Limited.30 Jan 2026 · Company Update / Press Release / Media Release
Dear sir/Madam, PFA intimation of earnings call.29 Jan 2026 · Company Update / Analyst / Investor Meet
Dear sir/Madam, PFA outcome of Board Meeting.29 Jan 2026 · Board Meeting / Outcome of Board Meeting
Dear sir/Madam, PFA unaudited financial results for the quarter ended 31st December 2025.29 Jan 2026 · Result / Financial Results
Indowind Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2026 ,inter alia, to consider and approve 1. To Consider and approve ....23 Jan 2026 · Board Meeting / Board Meeting
Dear sir/Madam, PFA Compliance Certificate under DP Regulations.9 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Dear sir/Madam, PFA press release.2 Jan 2026 · Company Update / Press Release / Media Release
Dear sir/Madam, PFA disclosure w.r.t closure of trading window for the quarter ending 31.12.2025.29 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Dear sir/Madam, PFA press release.23 Dec 2025 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	19 Nov 2025	19 Nov 2025	—
Right Issue of Equity Shares	16 Jul 2024	16 Jul 2024	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results