| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 8.3 | 11.5 | −28.1% |
| EBITDA | 4.3 | 5.2 | −16.4% |
| EBITDA margin | 52.3% | 45.0% | +7.3 pts |
| Profit before tax | 1.8 | 2.5 | −28.7% |
| Net profit | 2.1 | 2.3 | −8.2% |
| EPS | ₹0.13 | ₹0.20 | −35.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 128 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 8.7 | 8.7 | 1.2 | 0.5 | 21.8 | ||
| 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | ||
| 9.5 | 9.5 | 7.0 | 55.2 | 60.1 | ||
| 130 | — | — | — | — | ||
| 37.1 | 40.3 | 33.5 | 39.7 | 34.0 | ||
| — | +20.3% | −15.6% | +16.9% | — | ||
| 12.0 | 14.5 | 10.5 | 15.9 | 14.0 | ||
| 32.3% | 36.0% | 31.5% | 39.9% | 41.2% | ||
| 3.8 | 6.3 | 3.2 | 8.7 | 7.0 | ||
| −0.4 | 0.0 | 1.3 | 7.3 | −19.3 | ||
| −1.1% | 0.0% | 3.8% | 18.3% | −56.7% | ||
| −₹0.03 | ₹0.00 | ₹0.08 | ₹0.45 | −₹1.20 | ||
| — | −100.0% | −82.6% | +137.7% | — | ||
| — | 2.8 | −9.2 | −8.1 | 0.3 | ||
| — | −21.9 | −20.1 | −1.3 | 0.0 | ||
| −19.1 | −19.1 | −29.2 | −9.3 | 0.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 128.2 | |
| - Cash, Equiv & ST Investments | 21.8 | 0.5 | 1.2 | 8.7 | 8.7 | |
| + Minority Interest | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | |
| + Total Debt | 60.1 | 55.2 | 7.0 | 9.5 | 9.5 | |
| Enterprise Value | — | — | — | — | 129.6 | |
| Revenue | 34.0 | 39.7 | 33.5 | 40.3 | 37.1 | |
| Growth %, YoY | — | +16.9 | -15.6 | +20.3 | — | |
| EBITDA | 14.0 | 15.9 | 10.5 | 14.5 | 12.0 | |
| Margin % | 41.19 | 39.92 | 31.46 | 35.98 | 32.31 | |
| EBIT | 7.0 | 8.7 | 3.2 | 6.3 | 3.8 | |
| Net Income | -19.3 | 7.3 | 1.3 | 0.0 | -0.4 | |
| Margin % | -56.72 | 18.31 | 3.77 | 0.00 | -1.13 | |
| EPS, Adj (current shares) | -1.20 | 0.45 | 0.08 | 0.00 | -0.03 | |
| Growth %, YoY | — | +137.7 | -82.6 | -100.0 | — | |
| Cash from Operations | 0.3 | -8.1 | -9.2 | 2.8 | — | |
| Capital Expenditures | -0.0 | -1.3 | -20.1 | -21.9 | — | |
| Free Cash Flow | 0.3 | -9.3 | -29.2 | -19.1 | -19.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Indowind Energy (NSE: INDOWIND) had a market capitalisation of ₹128 crore at the 29 October 2026 close (₹7.97 a share) and a price-to-book ratio of 0.42. In FY26 its consolidated net profit was ₹0 lakh on revenue of ₹40.3 crore; in Q1 FY27 (April–June 2026) it was ₹2.1 crore, down 8.2% year on year. Its debt-to-equity ratio was 0.03 on 31 March 2026. Promoters held 48.76% of the shares on 30 September 2026.
Indowind Energy's PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹42 lakh, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹128 crore at ₹7.97 a share.
Indowind Energy's price-to-book (PB) ratio is 0.42 at the 29 October 2026 close: a market capitalisation of ₹128 crore divided by shareholders' equity (book value) of ₹307 crore on 31 March 2026. That is a book value of ₹19.09 per share against a share price of ₹7.97.
Indowind Energy's debt-to-equity ratio was 0.03 on 31 March 2026: borrowings of ₹9.5 crore against total equity of ₹308 crore. A year earlier, on 31 March 2025, it was 0.02.
Indowind Energy's market capitalisation was ₹128 crore at the 29 October 2026 close: 16.1 crore shares at ₹7.97 each.
No. Indowind Energy had borrowings of ₹9.5 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹21.6 crore, so it held net cash of ₹12.1 crore.
Indowind Energy's basic earnings per share (EPS) were ₹0.00 in FY26.
Indowind Energy's net worth — shareholders' equity in its consolidated balance sheet — was ₹307 crore on 31 March 2026, up 10.2% from ₹279 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹128 crore at the 29 October 2026 close.
Indowind Energy's book value per share was ₹19.09 on 31 March 2026: shareholders' equity of ₹307 crore divided by the 16.1 crore shares in issue. The share price at the 29 October 2026 close was ₹7.97.
Promoters held 48.76% of Indowind Energy on 30 September 2026, up 0.56 percentage points from 48.20% the previous quarter and up 1.60 percentage points from 47.16% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Indowind Energy's return on equity (ROE) was 0.0% and its return on capital employed (ROCE) was 2.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 0.5% and ROCE 1.1%.
On 30 September 2026, Indowind Energy's shares were held by promoters 48.76%, foreign portfolio investors (FII/FPI) 0.02% and retail and other non-institutional investors 51.22%. Over the year, FII holding was down 0.03 percentage points from 0.05%.
In FY26, Indowind Energy generated ₹2.8 crore of cash from operations and spent ₹21.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹19.1 crore. In FY25 it was −₹29.2 crore.
Indowind Energy's latest results are for Q1 FY27 (April–June 2026): consolidated net profit ₹2.1 crore, down 8.2% from ₹2.3 crore in Q1 FY26; revenue from operations ₹8.3 crore, down 28.1% year on year.
In FY26 (April 2025–March 2026), Indowind Energy's consolidated net profit was ₹0 lakh, down 100.0% from ₹1.3 crore in FY25, on revenue from operations of ₹40.3 crore (up 20.3%).
Indowind Energy will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Surana Telecom and Power and Energy Development: Indowind Energy's operating margin of 15.6% is the second highest of the three (Surana Telecom and Power −15.7%, Energy Development 39.9%; peer average 12.1%); its return on equity of 0.0% is the second highest of the three (Surana Telecom and Power 14.7%, Energy Development −6.2%; peer average 4.3%); its revenue growth over three years of 5.9% a year is the lowest of the three (Surana Telecom and Power 29.6% a year, Energy Development 7.3% a year; peer average 18.5% a year).
In FY26, Indowind Energy earned net profit of ₹0 lakh on revenue of ₹40.3 crore, against ₹24.8 crore on ₹60.8 crore for Surana Telecom and Power. Indowind Energy's operating margin was 15.6% (Surana Telecom and Power −15.7%) and its return on equity 0.0% (Surana Telecom and Power 14.7%). At the 29 October 2026 close, Indowind Energy's market capitalisation was ₹128 crore against ₹204 crore for Surana Telecom and Power, and its PE ratio on FY26 profit 3,20,796.9 against 8.2.
From Indowind Energy's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.