Indowind Energy Ltd (INDOWIND) — shareholding pattern, promoter holding, financials and share price
About Indowind Energy Ltd (INDOWIND)
Indowind Energy Ltd operates in the Power Generation industry, within the Power sector. It trades on the NSE as INDOWIND and on the BSE under scrip code 532894. Its ISIN is INE227G01018.
Incorporated in 1995, Indowind Energy Ltd is in the business of generation and distribution of power through windmills [1]
Indowind Energy Limited develops, owns and operates wind power assets, provides operations and maintenance and turnkey services for wind farms, and sells renewable power to State Electricity Boards and corporate clients while selectively expanding into solar through new project SPVs and strategic associates.
During Q3 FY'26 Indowind reported consolidated revenue of INR 6.19 crore (up 5% year-on-year) and returned to quarterly PAT of INR 0.35 crore; for nine months revenue rose 21.61% to INR 35.49 crore, EBITDA increased 29.39% to INR 16.98 crore and net profit grew 24.32% to INR 7.5 crore, showing improving operating margins and profitability.
Listed peers in Power Generation: Waaree Technologies Ltd, Surana Telecom and Power Ltd, Globus Power Generation Ltd, Energy Development Company Ltd, Waa Solar Ltd, Karma Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹9.3 a share on 10 Jul 2026, Indowind Energy Ltd (INDOWIND) was valued at a price-to-earnings ratio of 14,973.2x against an industry P/E of 25.26x and a price-to-book of 0.54x on a book value of ₹17.32 per share as of Mar 2025. Solomo computes return on capital employed of 1.5% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14,973.2x
- Industry P/E
- 25.26x
- P/B
- 0.54x
- Book value / share
- ₹17.32
- ROCE
- 1.5%
- Debt / equity
- 0.02x
- Dividend yield
- 0%
- EBITDA margin
- 30.83%
- 52-week range
- ₹7 – ₹20.32
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indowind Energy Ltd (INDOWIND) reported revenue of ₹40.75 crore and net profit of ₹0.01 crore. That compares with revenue of ₹33.51 crore and net profit of ₹1.27 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹5.27 crore and net profit ₹-7.51 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 24.56 | 33.96 | 38.81 | 33.51 | 40.75 |
| Net profit (₹ cr) | 0.13 | -19.26 | 7.27 | 1.27 | 0.01 |
| EPS (₹) | 0.01 | -1.2 | 0.45 | 0.08 | 0 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.09% | 3.40% | 8.19% | -13.66% |
| Profit growth | -15.35% | 26.25% | 9.14% | -82.53% |
| Stock price CAGR | 9% | 6% | -2% | -52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 48.2% of Indowind Energy Ltd (INDOWIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.02%. Promoters have pledged 25.3% of their holding. Market capitalisation was ₹150 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: COMMENDAM INVESTMENTS PRIVATE LIMITED 1.85%, HUF 1.62%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 48.2% | 25.3% | 0.02% | - | 51.8% |
| Mar 2026 | 48.2% | 25.3% | 0% | - | 51.8% |
| Dec 2025 | 47.82% | 28.6% | 0% | - | 52.18% |
| Sep 2025 | 47.16% | - | 0.05% | - | 52.84% |
| Jun 2025 | 47.16% | - | 0.01% | - | 52.84% |
| Mar 2025 | 47.16% | - | 0.02% | - | 52.84% |
| Dec 2024 | 47.16% | - | 0.03% | - | 52.84% |
| Sep 2024 | 47.16% | - | 0.01% | - | 52.84% |