Indowind Energy Limited

NSEI:INDOWIND Stock Report

Market Cap: ₹1.2b

Indowind Energy Past Earnings Performance

Past criteria checks 1/6

Indowind Energy has been growing earnings at an average annual rate of 9.8%, while the Renewable Energy industry saw earnings growing at 27.3% annually. Revenues have been growing at an average rate of 12.4% per year. Indowind Energy's return on equity is 0%, and it has net margins of 0%.

Key information

9.84%

Earnings growth rate

7.55%

EPS growth rate

Renewable Energy Industry Growth39.78%
Revenue growth rate12.41%
Return on equity0.0018%
Net Margin0.001%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Jan 31

Indowind Energy Limited (NSE:INDOWIND) Investors Are Less Pessimistic Than Expected

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 23x, you may consider...
Analysis Article Nov 16

Indowind Energy (NSE:INDOWIND) Is Experiencing Growth In Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Apr 23

Indowind Energy (NSE:INDOWIND) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 29

Is Indowind Energy (NSE:INDOWIND) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 13

Returns At Indowind Energy (NSE:INDOWIND) Are On The Way Up

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jul 19

Here's Why Indowind Energy (NSE:INDOWIND) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 28

Indowind Energy (NSE:INDOWIND) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Mar 01

Here's Why We Think Indowind Energy (NSE:INDOWIND) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 21

Returns At Indowind Energy (NSE:INDOWIND) Appear To Be Weighed Down

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Sep 17

Auditors Have Doubts About Indowind Energy (NSE:INDOWIND)

When Indowind Energy Limited ( NSE:INDOWIND ) reported its results to June 2022 its auditors, Sanjiv Shah & Associates...
Analysis Article Sep 02

Indowind Energy (NSE:INDOWIND) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article May 27

Indowind Energy (NSE:INDOWIND) Could Be Struggling To Allocate Capital

What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...
Analysis Article Feb 25

Indowind Energy (NSE:INDOWIND) Could Be At Risk Of Shrinking As A Company

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Dec 14

Is Indowind Energy (NSE:INDOWIND) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 26

Do Indowind Energy's (NSE:INDOWIND) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 03

Health Check: How Prudently Does Indowind Energy (NSE:INDOWIND) Use Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Revenue & Expenses Breakdown

How Indowind Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:INDOWIND Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2640801430
31 Dec 2541524410
30 Sep 2541220350
30 Jun 2539416320
31 Mar 2535210360
31 Dec 2432467290
30 Sep 2434267320
30 Jun 24375741340
31 Mar 2440073300
31 Dec 23398-183430
30 Sep 23372-182400
30 Jun 23347-1941130
31 Mar 23341-193250
31 Dec 2236846460
30 Sep 2234042340
30 Jun 222829140
31 Mar 222461230
31 Dec 2119917310
30 Sep 2121026250
30 Jun 212139700
31 Mar 212022250
31 Dec 2017124110
30 Sep 20145-17180
30 Jun 201800190
31 Mar 202071240
31 Dec 19208-102260
30 Sep 19235-35300
30 Jun 19275-81880
31 Mar 19220-123230
31 Dec 18243-264220
30 Sep 18248-296210
30 Jun 18234-252180
31 Mar 18262-210250
31 Dec 1725557240
30 Sep 1726114250
30 Jun 1727723330
31 Mar 17260-20240
31 Dec 162679370
30 Sep 1623210340
30 Jun 1621610570
31 Mar 161698200
31 Dec 151703350
30 Sep 151713310

Quality Earnings: INDOWIND has a large one-off loss of ₹24.4M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: INDOWIND's current net profit margins (0%) are lower than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: INDOWIND has become profitable over the past 5 years, growing earnings by 9.8% per year.

Accelerating Growth: INDOWIND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INDOWIND had negative earnings growth (-100%) over the past year, making it difficult to compare to the Renewable Energy industry average (17.2%).


Return on Equity

High ROE: INDOWIND's Return on Equity (0%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 15:30
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Indowind Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.