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Indowind Energy share price & results

Indowind Energy Limited· Power· Utilities

Results to
Jun 2026
Latest analysed call
Q3 FY26
Ownership as of
Jun 2026

Chennai-based renewable-energy IPP running wind farms across Tamil Nadu and Karnataka since 1995, now expanding into solar and acquiring operating wind assets via its subsidiaries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue8.4 ₹ crore−26.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin53.1 %+8.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit2.1 ₹ crore−18.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity-0.07 %−0.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-47.41 %+4.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-5.31 %+25.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 1 judged target kept · 7 open · verdicts reflect calls analysed to Q3 FY26.

Indowind Energy Limited management guidance track record on Inve: 8 targets tracked across analysed earnings calls (0 achieved, 1 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
New Business VerticalStart a separate vertical to take O&M for others going forward.
Call transcript, Q2 FY26 · 24 Nov 2025		Q2 FY26Q3 FY26:No mention of third-party O&M; commentary focused solely on 15% cost savings from in-house O&M.
Call transcript, Q3 FY26 · 3 Feb 2026		Ghosted
Capacity AdditionComplete a 4 MW solar project within 3 to 4 months (by Q1 FY27).
Call transcript, Q2 FY26 · 24 Nov 2025		Q2 FY26Q3 FY26:Formed Nova Power Pvt Ltd subsidiary to implement the project and secure higher commercial tariffs.
Call transcript, Q3 FY26 · 3 Feb 2026		On Track

Source: Inve Guidance Tracker for Indowind Energy Limited · to Q3 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Indowind Energy Limited's 8 targets was missed. See which ones, and which are quietly gone. The 2 above are the free sample; 6 more targets are in the full ledger.

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Price

₹8.17 −1.57% · −₹0.13

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −48.7% 1Y

₹8.0₹10.0₹12.0₹14.0₹16.0₹18.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 24 Nov 2025Q3 FY26 — 3 Feb 2026

1Y: ₹15.92 on 24 Oct 2025 → ₹8.17. High ₹17.93 (28 Nov 2025), low ₹7.06 (30 Mar 2026).

Previous close
₹8.3
Market cap
₹136 Cr
52-week range
₹7.06 – ₹17.93
One year
−48.52%
Return on equity (TTM to Jun 2026)
-0.07%

Overview

Symbol
NSE:INDOWIND
Sector
Power
Industry
Utilities
Exchange
NSE
Currency
INR

What Indowind Energy Limited does

Based on the company's own presentations, annual report and earnings calls.

Indowind Energy generates and sells wind power from windmills it has installed and repowered across Tamil Nadu and Karnataka since 1995, marketed under its 'Green Power®' brand through group-captive and third-party power sales to industrial and commercial clients. It runs an in-house operations & maintenance team for its wind assets and periodically funds repowering capex to extend turbine life beyond 50 years. The company is now diversifying into solar power through new subsidiary Nova Power Private Limited, and has recently acquired additional operating wind-farm capacity in Karnataka and Tamil Nadu, alongside a minority equity stake in associate EverOn Power's renewable assets.

Segments

  • Wind Power Generation
  • Solar Power
Permanent employees on rolls
67
Windmills commissioned (cumulative milestone)
150th windmill commissioned (FY07)
Recent wind-farm acquisitions
3 MW (Karnataka, ~65 lakh units/yr) + 1.3 MW (Tamil Nadu, ~12 lakh units/yr)
Solar project approved
4 MW (Karnataka, via subsidiary Nova Power Pvt Ltd)
Associate renewable capacity (EverOn Power)
19 MW operating assets; up to 20% equity stake being invested
Subsidiaries / associate structure
Indowind Power Pvt Ltd (subsidiary), Ind Eco Ventures Ltd (subsidiary, merger pending), Nova Power Pvt Ltd (solar subsidiary), EverOn Power (associate)
Founded 1995Headquarters Chennai, Tamil NaduEmployees 67 (FY25) Company website

How the price took the results

close before → close after

Q3 FY26
−0.8%
3 Feb
Q2 FY26
−1.3%
24 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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