Indowind Energy logo

Indowind Energy share price

NSE: INDOWINDBSE: 532894PowerSmall Cap

Last close ₹8.28down ₹0.25 (2.93%)BSE ₹8.33

Share price at the NSE close on 23 Oct 2026. Previous close ₹8.53.

52-week range of traded prices to 23 Oct 2026
₹7.00Low, 30 Mar 2026₹18.94High, 1 Dec 2025
Market cap
₹133 Cr2,515th largest listed
P/E
Earlier quarters restated in the year
P/B
0.4
Dividend yield
Nonein the last 12 months
ROCE
1.2%
Debt to equity
0.03
Volume, NSE
1,50,34867.5% delivered

Share price

Daily closes since Sep 2007, adjusted for splits and bonuses

−48.7%over a year

ResultsSplit, bonus, rights or demerger20-session average 1,10,810 shares a day, 68.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹8.30 Crup 58.80%
Net profit
₹2.11 CrQuarter to Mar 2026: −₹7.46 Cr
Net margin
25.4%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 3 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹26 Cr, differs from its quarters added, ₹29 Cr. From the year to Mar 2025, the company's revenue for that year, ₹34 Cr, differs from its quarters added, ₹32 Cr.

₹ croreSep 2024Filed 14 NovDec 2024Filed 13 FebMar 2025Filed 13 JunJun 2025Filed 14 NovSep 2025Filed 14 NovDec 2025Filed 29 JanMar 2026Filed 26 MayJun 2026Filed 13 Aug
Revenue13.37.94.811.517.66.05.28.3
Net profit4.40.0−4.82.64.60.4−7.52.1
Net margin33.0%0.3%−99.5%22.3%26.1%6.0%−142.7%25.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹34 Cr, differs from its quarters added, ₹32 Cr.

Business segments

In the year to Mar 2026 the company reports one business segment, POWER GENERATION, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.PE ratio and valuation history

Price to book

At or below today's level on 2% of 923 trading days over the last 5 years.

LowestHighest
Its median0.7Industry median1.5
EV to EBITDA10.1

At or below today's level on 1% of 923 trading days over the last 5 years.

LowestHighest
Its median17.4Industry median9.6

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−57.0%−100.0%+1,69,794.7%0.0%
3 years−8.4%––0.0%
5 years+13.5%−74.7%+349.4%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters48.76%
  • Foreign institutions0.02%
  • Individuals and others51.22%
Holder
SOURA CAPITAL PRIVATE LIMITEDPromoter12.20%
INDUS CAPITAL PRIVATE LIMITEDPromoter10.81%
SOURA INVESTMENTS HOLDINGS PRIVATE LIMITEDPromoter8.93%
LOYAL CREDIT AND INVESTMENTS LIMITEDPromoter8.30%
BALA VENCKAT KUTTIPromoter6.17%
COMMENDAM INVESTMENTS PRIVATE LIMITEDCompanies2.26%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indowind Energy in market cap.

Indowind Energy is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
GVK Power & Infrastructure logoGVK Power & InfrastructureGVKPIL328–––−100.0%––−2.5%0.00%
Surana Telecom and Power logoSurana Telecom and PowerSURANAT&P1945.91.1–+283.4%+31.4%19.4%−3.5%0.00%
Globus Constructors & Developers logoGlobus Constructors & DevelopersGLOBUSCON189–23.5–−100.0%−103.3%−1.5%−6.7%0.00%
Waaree Technologies logoWaaree TechnologiesWAAREE173–––−30.3%–––0.00%
Emkay Taps and Cutting Tools logoEmkay Taps and Cutting ToolsEMKAYTOOLS10012.30.3–−66.0%−82.6%2.8%–0.00%
Energy Development Company logoEnergy Development CompanyENERGYDEV61–15.57.5+16.6%–−94.0%10.9%0.00%
Waa Solar logoWaa SolarWAA5381.90.3–−1.7%−90.7%0.3%–0.00%
Karma Energy logoKarma EnergyKARMAENG3741.80.9–+5.8%−28.5%2.2%−10.0%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Indowind Energy share price by year

Each calendar year to 2025.Indowind Energy share price history

YearClose at year endChangeHighest closeLowest close
202514.57−39.3%26.8613.67
202424.00+17.6%33.2019.50
202320.40+21.4%24.608.80
202216.80−58.2%42.1512.35
202140.15+812.5%40.153.40
20204.40+49.2%4.601.80
20192.95−47.3%6.802.70
20185.60−49.3%15.753.70
201711.05+145.6%11.054.05
20164.50−5.3%6.003.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20268.808.958.008.288.401,50,34867.5%
22 Oct 20268.299.358.018.538.733,00,45154.9%
21 Oct 20268.108.397.838.158.201,99,89386.6%
19 Oct 20268.318.568.208.248.3553,67287.0%
16 Oct 20268.338.578.338.458.4253,29584.4%
15 Oct 20268.488.588.328.458.4898,31347.1%
14 Oct 20268.468.598.408.488.5241,20879.7%
13 Oct 20268.358.498.158.368.3584,76949.8%
12 Oct 20268.438.488.208.268.2669,47775.2%
9 Oct 20268.418.508.218.288.3198,45782.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
19 Nov 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
16 Jul 2024Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
13 Jan 2023Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
21 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Indowind Energy Limited
NSE symbol
INDOWIND
BSE code
532894
ISIN
INE227G01018
Industry
Power
Listed
Sep 2007
Face value
₹10
CIN
L40108TN1995PLC032311
Corporate identity number, the registrar of companies' code for it