INDOWIND ENERGY LTD (INDOWIND) financials

INDOWIND ENERGY LTD (INDOWIND) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1995, Indowind Energy Ltd is in the business of generation and distribution of power through windmills[1]

Market Cap: ₹136Cr.
Current Price: ₹8.45
ROE: 0.09%
ROCE: 1.55%
Book Value: ₹19.2
Dividend Yield: 0.00%
52W High / Low: ₹18.9/7.00

In Jun 2026, INDOWIND ENERGY LTD (INDOWIND) reported sales ₹6.95 Cr and net profit ₹1.57 Cr.

Annual TTM: sales ₹29.86 Cr, net profit ₹0.28 Cr.

Shareholding: Promoters 48.76% (Sep 2026), FIIs 0.02% (Sep 2026), Public 51.22% (Sep 2026), No. of Shareholders 1,06,559% (Sep 2026).

INDOWIND quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	12.04	3.21	6.44	9.41	12.97	4.49	5.45	6.95
Expenses	3.61	2.28	5.76	4.90	4.38	3.47	5.80	2.60
Operating Profit	8.43	0.93	0.68	4.51	8.59	1.02	-0.35	4.35
OPM %	70.02%	28.97%	10.56%	47.93%	66.23%	22.72%	-6.42%	62.59%
Other Income	0.11	0.34	0.00	0.00	0.19	1.67	-2.44	0.00
Interest	0.56	0.42	0.53	0.27	2.38	0.18	0.10	0.29
Depreciation	4.48	0.72	1.17	2.38	3.57	0.81	1.45	2.40
Profit before tax	3.50	0.13	-1.02	1.86	2.83	1.70	-4.34	1.66
Tax %	-10.86%	0.00%	207.84%	-3.23%	-12.37%	-7.65%	45.16%	6.02%
Net Profit	3.88	0.13	-3.14	1.92	3.18	1.83	-6.30	1.57
EPS in Rs	0.24	0.01	-0.20	0.12	0.20	0.11	-0.39	0.10
Raw PDF	—	—	—	—	—	—	—	—

INDOWIND profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	18.92	15.71	17.66	28.15	27.33	26.12	31.10	29.86
Expenses	10.59	6.14	11.12	14.17	12.86	14.08	19.06	16.25
Operating Profit	8.33	9.57	6.54	13.98	14.47	12.04	12.04	13.61
OPM %	44.03%	60.92%	37.03%	49.66%	52.95%	46.09%	38.71%	45.58%
Other Income	6.33	2.06	2.42	-5.96	0.15	1.13	0.79	-0.58
Interest	5.29	2.05	1.89	2.20	3.95	1.95	2.93	2.95
Depreciation	9.31	9.32	6.92	6.99	6.99	7.39	8.21	8.23
Profit before tax	0.06	0.26	0.15	-1.17	3.68	3.83	1.69	1.85
Tax %	16.67%	15.38%	13.33%	1,547.01%	-46.47%	38.90%	84.62%	—
Net Profit	0.05	0.22	0.12	-19.27	5.38	2.33	0.27	0.28
EPS in Rs	0.00	0.01	0.01	-1.20	0.33	0.14	0.02	0.02
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

INDOWIND balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	89.74	89.74	89.74	89.74	107.33	107.33	128.80	161.00
Reserves	109.85	110.58	138.78	140.52	120.91	126.45	134.51	147.25
Borrowings	101.19	90.80	60.71	56.06	60.06	24.60	13.96	9.77
Other Liabilities	0.77	2.74	1.53	1.00	21.78	18.29	29.07	29.84
Total Liabilities	301.55	293.86	290.76	287.32	310.08	276.67	306.34	347.86
Fixed Assets	183.45	174.90	239.81	160.56	153.70	147.17	237.48	239.32
CWIP	73.13	74.64	0.96	0.96	0.96	0.96	0.96	12.31
Investments	11.10	11.05	11.14	1.72	0.72	9.70	2.24	2.24
Other Assets	33.87	33.27	38.85	124.08	154.70	118.84	65.66	93.99
Total Assets	301.55	293.86	290.76	287.32	310.08	276.67	306.34	347.86

INDOWIND cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	5.32	14.41	14.51	1.22	-1.16	-6.28	0.39	2.90
Cash from Investing Activity	1.82	-3.59	-7.73	2.63	6.59	-10.49	-20.43	-33.44
Cash from Financing Activity	-7.35	-9.29	-4.85	-6.46	15.07	-4.58	20.61	38.08
Net Cash Flow	-0.21	1.52	1.92	-2.61	20.49	-21.34	0.57	7.54
Free Cash Flow	7.01	6.69	5.54	1.24	-1.36	-6.81	-18.81	-18.99
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	87%	173%	152%	19%	-8%	-39%	15%	38%

INDOWIND shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	47.16%	47.16%	47.16%	47.16%	47.82%	48.20%	48.20%	48.76%
FIIs	0.03%	0.02%	0.01%	0.05%	0.00%	0.00%	0.02%	0.02%
Public	52.82%	52.82%	52.84%	52.78%	52.18%	51.79%	51.78%	51.22%
No. of Shareholders	1,09,078	1,14,672	1,12,481	1,10,335	1,08,788	1,08,279	1,08,322	1,06,559

INDOWIND key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	89.12	76.20	158.69	188.49	107.23	112.72	95.44	45.54
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	89.12	76.20	158.69	188.49	107.23	112.72	95.44	45.54
Working Capital Days	-65.51	-5.02	141.96	-631.62	-340.75	132.62	99.77	211.96
ROCE %	-0.85%	-0.10%	0.80%	0.72%	2.75%	3.18%	2.16%	1.55%

INDOWINDUpdated 18 Oct 2026, 10:26

Indowind Energy Ltd

INDOWINDUpdated 18 Oct 2026, 10:26

Market Cap

₹136Cr.

Current Price

₹8.45

High / Low

₹18.9/7.00

ROE0.09%

ROCE1.55%

Book Value₹19.2

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1995, Indowind Energy Ltd is in the business of generation and distribution of power through windmills[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	4.87	1.16	-0.01	-1.01	2.03	0.68	-47.06	1	0.06
Sep 2023	13.97	1.79	3.81	0.05	4.4	4.02	-23.13	4.95	0.31
Dec 2023	7.12	0.64	7.27	0.02	0.27	-1.04	13.46	-1.18	-0.07
Mar 2024	2.31	0.36	2.74	1.09	0.29	0.01	-6000	0.62	0.04
Jun 2024	2.87	0.43	0.22	0.02	1.02	1.22	-19.67	1.46	0.09
Sep 2024	12.04	0.56	3.61	0.11	4.48	3.5	-10.86	3.88	0.24
Dec 2024	3.21	0.42	2.28	0.34	0.72	0.13	0	0.13	0.01
Mar 2025	6.44	0.53	5.76	0	1.17	-1.02	207.84	-3.14	-0.2
Jun 2025	9.41	0.27	4.9	0	2.38	1.86	-3.23	1.92	0.12
Sep 2025	12.97	2.38	4.38	0.19	3.57	2.83	-12.37	3.18	0.2
Dec 2025	4.49	0.18	3.47	1.67	0.81	1.7	-7.65	1.83	0.11
Mar 2026	5.45	0.1	5.8	-2.44	1.45	-4.34	45.16	-6.3	-0.39
Jun 2026	6.95	0.29	2.6	0	2.4	1.66	6.02	1.57	0.1

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	18.99	6.17	9.92	5.14	7.54	0.5	56	0.22	0.01
Mar 2016	15.6	6.79	8.21	7.13	7.55	0.18	-305.56	0.73	0.04
Mar 2017	23.94	6.71	9.42	2.37	13.67	-3.49	-42.69	-1.99	-0.11
Mar 2018	24.24	7.67	13.54	-17.19	9.5	-23.66	-11.24	-21.01	-1.12
Mar 2019	20.56	7	14.42	0.57	9.32	-9.61	27.68	-12.26	-0.65
Mar 2020	18.92	5.29	10.59	6.33	9.31	0.06	16.67	0.05	0
Mar 2021	15.71	2.05	6.14	2.06	9.32	0.26	15.38	0.22	0.01
Mar 2022	17.66	1.89	11.12	2.42	6.92	0.15	13.33	0.12	0.01
Mar 2023	28.15	2.2	14.17	-5.96	6.99	-1.17	1547.01	-19.27	-1.2
Mar 2024	27.33	3.95	12.86	0.15	6.99	3.68	-46.47	5.38	0.33
Mar 2025	26.12	1.95	14.08	1.13	7.39	3.83	38.9	2.33	0.14
Mar 2026	31.1	2.93	19.06	0.79	8.21	1.69	84.62	0.27	0.02
TTM	29.86	2.95	16.25	-0.58	8.23	1.85	—	0.28	0.02

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	48.76%
FIIs	0.02%
Public	51.22%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	50.76%	0%	—	49.24%
Mar 2024	50.76%	0%	—	49.24%
Jun 2024	50.76%	0.24%	—	49%
Sep 2024	47.17%	0.01%	—	52.84%
Dec 2024	47.16%	0.03%	—	52.82%
Mar 2025	47.16%	0.02%	—	52.82%
Jun 2025	47.16%	0.01%	—	52.84%
Sep 2025	47.16%	0.05%	—	52.78%
Dec 2025	47.82%	0%	—	52.18%
Mar 2026	48.2%	0%	—	51.79%
Jun 2026	48.2%	0.02%	—	51.78%
Sep 2026	48.76%	0.02%	—	51.22%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	89.74	80.89	76.66	70.07	317.36	150.79	46.35	6.96	113.26	317.36
Mar 2016	89.74	83.15	73.89	69.94	316.72	194.12	64.03	9.21	49.36	316.72
Mar 2017	89.74	143.12	100	5.42	338.28	222.85	47.78	10.76	56.89	338.28
Mar 2018	89.74	122.12	99.56	1.22	312.64	193.19	60.96	11.1	47.39	312.64
Mar 2019	89.74	109.85	101.19	0.77	301.55	183.45	73.13	11.1	33.87	301.55
Mar 2020	89.74	110.58	90.8	2.74	293.86	174.9	74.64	11.05	33.27	293.86
Mar 2021	89.74	138.78	60.71	1.53	290.76	239.81	0.96	11.14	38.85	290.76
Mar 2022	89.74	140.52	56.06	1	287.32	160.56	0.96	1.72	124.08	287.32
Mar 2023	107.33	120.91	60.06	21.78	310.08	153.7	0.96	0.72	154.7	310.08
Mar 2024	107.33	126.45	24.6	18.29	276.67	147.17	0.96	9.7	118.84	276.67
Mar 2025	128.8	134.51	13.96	29.07	306.34	237.48	0.96	2.24	65.66	306.34
Mar 2026	161	147.25	9.77	29.84	347.86	239.32	12.31	2.24	93.99	347.86

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	1.89	6.44	-8.58	-0.25
Mar 2016	28.17	-16.97	-7.07	4.12
Mar 2017	8.06	-6.89	-0.63	0.53
Mar 2018	7.51	9.81	-18.23	-0.92
Mar 2019	5.32	1.82	-7.35	-0.21
Mar 2020	14.41	-3.59	-9.29	1.52
Mar 2021	14.51	-7.73	-4.85	1.92
Mar 2022	1.22	2.63	-6.46	-2.61
Mar 2023	-1.16	6.59	15.07	20.49
Mar 2024	-6.28	-10.49	-4.58	-21.34
Mar 2025	0.39	-20.43	20.61	0.57
Mar 2026	2.9	-33.44	38.08	7.54

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	83.42	94.99	153.23	99.23	89.12	76.20	158.69	188.49	107.23	112.72	95.44	45.54
Inventory Days	—	—	—	39.61	—	—	—	—	—	—	—	—
Days Payable	—	—	—	294.26	—	—	—	—	—	—	—	—
Cash Conversion Cycle	83.42	94.99	153.23	-155.42	89.12	76.20	158.69	188.49	107.23	112.72	95.44	45.54
Working Capital Days	51.32	-37.20	97.73	-47.43	-65.51	-5.02	141.96	-631.62	-340.75	132.62	99.77	211.96
ROCE %	2.68%	2.89%	0.96%	2.46%	-0.85%	-0.10%	0.80%	0.72%	2.75%	3.18%	2.16%	1.55%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDOWIND ENERGY LTD (INDOWIND)?

The reported market capitalisation for INDOWIND ENERGY LTD (INDOWIND) is ₹136Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INDOWIND?

The current price shown for INDOWIND ENERGY LTD (INDOWIND) on Fincrux is ₹8.45 with a 52-week high/low of ₹18.9/7.00.

What were INDOWIND latest quarterly results?

For Jun 2026, INDOWIND ENERGY LTD (INDOWIND) reported sales ₹6.95 Cr and net profit ₹1.57 Cr (figures in ₹ crore unless noted).

What are INDOWIND annual sales and net profit?

For TTM, INDOWIND ENERGY LTD (INDOWIND) shows sales of ₹29.86 Cr and net profit of ₹0.28 Cr on the Fincrux profit & loss statement.

Who owns INDOWIND ENERGY LTD (INDOWIND)?

Latest shareholding for INDOWIND ENERGY LTD (INDOWIND) on Fincrux: Promoters 48.76% (Sep 2026), FIIs 0.02% (Sep 2026), Public 51.22% (Sep 2026), No. of Shareholders 1,06,559% (Sep 2026).

Where can I find INDOWIND ENERGY LTD (INDOWIND) financials?

INDOWIND ENERGY LTD (INDOWIND) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show INDOWIND balance sheet and cash flow?

Yes. The INDOWIND ENERGY LTD (INDOWIND) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 10:26