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.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 90 | 90 | 90 | 107 | 107 | 129 | 129 | 161 |
| Reserves | 111 | 140 | 141 | 123 | 130 | 150 | 157 | 146 |
| Borrowings | 91 | 61 | 56 | 60 | 25 | 7 | 18 | 10 |
| Other Liabilities | 3 | 2 | 2 | 23 | 20 | 20 | 20 | 31 |
| Total Liabilities | 294 | 292 | 288 | 313 | 282 | 305 | 324 | 348 |
| AssetsFixed Assets | 181 | 246 | 166 | 159 | 236 | 248 | 248 | 245 |
| CWIP | 74 | 1 | 1 | 1 | 1 | 1 | 1 | 12 |
| Investments | 10 | 10 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 29 | 35 | 120 | 153 | 46 | 56 | 75 | 90 |
| Total Assets | 294 | 292 | 288 | 313 | 282 | 305 | 324 | 348 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 5 | 10 | 6 | 1 | 0 | -8 | -9 | 3 |
| Cash from Investing | 2 | 1 | 1 | 3 | 5 | 44 | -22 | -34 |
| Cash from Financing | -7 | -9 | -5 | -6 | 15 | -57 | 33 | 39 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 7 | 7 | 6 | 1 | 0 | -9 | -29 | -19 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
INDOWIND · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.