Indowind Energy Limited operates as an IPP in the renewable energy sector in India. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has Indowind Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDOWIND's share price has been volatile over the past 3 months.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
Return vs Industry: INDOWIND underperformed the Indian Renewable Energy industry which returned 22.4% over the past year.
Return vs Market: INDOWIND underperformed the Indian Market which returned -1.6% over the past year.
Price Volatility Vs. Market
How volatile is Indowind Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Indowind Energy (NSE:INDOWIND) A Risky Investment?
3 months ago | Simply Wall StHow Much Of Indowind Energy Limited (NSE:INDOWIND) Do Insiders Own?
5 months ago | Simply Wall StIs Indowind Energy (NSE:INDOWIND) Using Too Much Debt?
Is Indowind Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INDOWIND (₹2.8) is trading below our estimate of fair value (₹5.9)
Significantly Below Fair Value: INDOWIND is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INDOWIND is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.
PE vs Market: INDOWIND is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INDOWIND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INDOWIND is good value based on its PB Ratio (0.1x) compared to the IN Renewable Energy industry average (0.5x).
How is Indowind Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indowind Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Indowind Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Indowind Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Indowind Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDOWIND is currently unprofitable.
Growing Profit Margin: INDOWIND is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INDOWIND is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare INDOWIND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INDOWIND is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-9.7%).
Return on Equity
High ROE: INDOWIND has a negative Return on Equity (0.1%), as it is currently unprofitable.
How is Indowind Energy's financial position?
Financial Position Analysis
Short Term Liabilities: INDOWIND's short term assets (₹105.8M) exceed its short term liabilities (₹51.7M).
Long Term Liabilities: INDOWIND's short term assets (₹105.8M) do not cover its long term liabilities (₹881.7M).
Debt to Equity History and Analysis
Debt Level: INDOWIND's debt to equity ratio (45.3%) is considered high.
Reducing Debt: INDOWIND's debt to equity ratio has increased from 44.8% to 45.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable INDOWIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INDOWIND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.9% per year.
What is Indowind Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INDOWIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INDOWIND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INDOWIND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INDOWIND's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INDOWIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
K. Ravindranath (59 yo)
Mr. K. S. Ravindranath has been Whole Time Director of Indowind Energy Limited since February 25, 2005. Mr. Ravindranath is In-charge of the overall management/technical operations of Indowind Energy Ltd. ...
CEO Compensation Analysis
Compensation vs Market: K.'s total compensation ($USD19.77K) is below average for companies of similar size in the Indian market ($USD48.88K).
Compensation vs Earnings: K.'s compensation has been consistent with company performance over the past year.
|Whole Time Director||no data||₹1.46m||1.99% |
|Chairman||no data||₹80.00k||6.06% |
|Independent Director||14.75yrs||₹100.00k||no data|
|Additional Non-Independent Director||5.17yrs||₹20.00k||no data|
|Independent Director||4.83yrs||₹100.00k||no data|
|Additional Non-Executive & Independent Director||0.083yr||no data||no data|
Experienced Board: INDOWIND's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Indowind Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Indowind Energy Limited
- Ticker: INDOWIND
- Exchange: NSEI
- Founded: 1995
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: ₹255.763m
- Shares outstanding: 89.74m
- Website: https://www.indowind.com
Number of Employees
- Indowind Energy Limited
- Kothari Buildings
- 4th Floor
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532894||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 2007|
|INDOWIND||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 2007|
Indowind Energy Limited operates as an IPP in the renewable energy sector in India. It engages in developing, setting up, operating, and maintaining wind farms primarily in Tamil Nadu and Karnataka. The co ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 12:43|
|End of Day Share Price||2020/09/25 00:00|
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 here.