---
title: "Indowind Energy Ltd (INDOWIND) — Share Price, Financials & Analysis"
symbol: "INDOWIND"
company: "Indowind Energy Ltd"
canonical: "https://tapetide.com/stocks/INDOWIND"
isin: "INE227G01018"
nse_symbol: "INDOWIND"
bse_code: "532894"
sector: "Power"
industry: "Power Generation"
market_cap_cr: 144.74
generated_at: "2026-09-13T20:07:50.463Z"
---

# Indowind Energy Ltd (INDOWIND)

Canonical page: https://tapetide.com/stocks/INDOWIND

## Company

- **NSE Symbol:** INDOWIND
- **BSE Code:** 532894
- **ISIN:** INE227G01018
- **Sector:** Power
- **Industry:** Power Generation
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2007-09-14
- **CEO:** Dr. Kuppa Sankaran Ravindranath
- **Employees:** 68
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** indowind.com

## About

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

## Latest Price

- **Price:** ₹9.09
- **Change:** +0.01 (+0.11%)
- **Open:** ₹9.01
- **Day High:** ₹9.2
- **Day Low:** ₹8.91
- **Previous Close:** ₹9.08
- **Volume:** 122015
- **As Of:** 2026-09-11T09:59:06+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:53.078739Z.

- **Market Cap:** ₹144.74 Cr
- **Classification:** Microcap
- **P/E (reported):** -305.3
- **EPS (TTM):** ₹-0.02
- **Book Value:** ₹18.99
- **Price to Book:** 0.48
- **Dividend Yield:** 0%
- **ROE:** 0.45%
- **ROCE:** 1.83%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹40.75 Cr
- **Net Income:** ₹0.57 Cr
- **EBITDA:** ₹12.48 Cr
- **52-Week High:** ₹18.94
- **52-Week Low:** ₹7
- **RSI (14):** 50.74

## Tapetide Score

- **Score:** 38 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 10.2 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50.26 | 9% |
| growth | 24.58 | 9% |
| momentum | 37.66 | 12% |
| ownership | 51.68 | 24% |
| quality | 32.24 | 22% |
| valuation | 42.53 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.48 times its book value
- Debtor days have improved from 57.4 to 34.2 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.21% over last 3 years.
- Contingent liabilities of Rs.49.2 Cr.
- Promoters have pledged 25.3% of their holding.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -13.91% | — | -251.82% |
| ebitda margin growth | 200% | -14.58% | -30.28% | -7.74% |
| net income growth | 128% | -56.15% | -92.19% | 470% |
| revenue growth | 58.49% | 13.83% | 6% | 18% |
| roce | -135.68% | -51.46% | 357.5% | 1.53% |
| roe | -128.1% | -85.29% | -1.61% | 350% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 17.91 | 9.73 | 4.44 | 7.35 | 15.81 | 5.56 | 6.63 | 11.55 | 17.55 | 6.19 | 5.27 | 8.44 |
| Expenses | 7.64 | 9 | 5.39 | 4.45 | 6.82 | 4.8 | 6.92 | 6.34 | 7.22 | 6.61 | 7.33 | 3.96 |
| Operating Profit | 10.27 | 0.73 | -0.95 | 2.9 | 8.99 | 0.76 | -0.29 | 5.21 | 10.33 | -0.42 | -2.06 | 4.48 |
| OPM % | 57.34 | 7.5 | -21.4 | 39.46 | 56.86 | 13.67 | -4.37 | 45.11 | 58.86 | -6.79 | -39.09 | 53.08 |
| Other Income | 0.05 | 0.3 | 1.74 | 0.02 | 0.11 | 0.34 | 0 | 0 | 0.19 | 1.67 | -2.44 | 0 |
| Interest | 1.87 | 0.66 | 0.44 | 0.43 | 0.56 | 0.42 | 0.53 | 0.27 | 2.38 | 0.18 | 0.1 | 0.29 |
| Depreciation | 4.43 | 0.3 | 0.32 | 1.04 | 4.51 | 0.74 | 1.09 | 2.42 | 3.61 | 0.84 | 1.33 | 2.4 |
| Profit before tax | 4.02 | 0.07 | 0.03 | 1.45 | 4.03 | -0.06 | -1.91 | 2.52 | 4.53 | 0.23 | -5.93 | 1.79 |
| Tax % | -23.13 | 200 | -2000 | -16.55 | -9.43 | 0 | 127.23 | -2.38 | -1.1 | -56.52 | 26.64 | -17.32 |
| Net Profit | 4.96 | -0.07 | 0.63 | 1.69 | 4.42 | -0.07 | -4.34 | 2.57 | 4.57 | 0.36 | -7.51 | 2.1 |
| EPS in Rs | 0.31 | 0 | 0.04 | 0.1 | 0.27 | 0 | -0.27 | 0.14 | 0.29 | 0.03 | -0.46 | 0.12 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 26.16 | 21.97 | 20.66 | 17.96 | 24.56 | 33.96 | 38.81 | 33.51 | 40.75 | 37.45 |
| Expenses | 15.45 | 15.82 | 12.32 | 8.39 | 18.02 | 19.97 | 22.97 | 22.96 | 25.82 | 25.12 |
| Operating Profit | 10.71 | 6.15 | 8.34 | 9.57 | 6.54 | 13.99 | 15.84 | 10.55 | 14.93 | 12.33 |
| OPM % | 40.94 | 27.99 | 40.37 | 53.29 | 26.63 | 41.2 | 40.81 | 31.48 | 36.64 | 32.92 |
| Other Income | -17.19 | 0.57 | 6.33 | 2.06 | 2.42 | -5.96 | 1.09 | 2.3 | -2.44 | -0.58 |
| Interest | 7.67 | 7 | 5.29 | 2.05 | 1.89 | 2.2 | 4.27 | 1.95 | 2.93 | 2.95 |
| Depreciation | 9.5 | 9.32 | 9.31 | 9.32 | 6.92 | 6.99 | 7.1 | 7.39 | 8.21 | 8.18 |
| Profit before tax | -23.65 | -9.6 | 0.07 | 0.26 | 0.15 | -1.16 | 5.56 | 3.51 | 1.35 | 0.62 |
| Tax % | -11.25 | 27.71 | 14.29 | 15.38 | 13.33 | 1560.34 | -30.76 | 63.82 | 100 | — |
| Net Profit | -20.98 | -12.26 | 0.06 | 0.22 | 0.13 | -19.26 | 7.27 | 1.27 | 0.01 | -0.48 |
| EPS in Rs | -1.11 | -0.65 | 0 | 0.01 | 0.01 | -1.2 | 0.45 | 0.08 | 0 | -0.02 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | 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 | 89.74 | 89.74 | 107.33 | 107.33 | 128.8 | 161 |
| Reserves | 143.9 | 122.87 | 110.62 | 110.68 | 139.51 | 140.59 | 122.77 | 129.83 | 150.11 | 146.41 |
| Borrowings | 100 | 99.56 | 101.19 | 90.8 | 60.72 | 56.06 | 60.06 | 25.19 | 6.97 | 9.53 |
| Other Liabilities | 5.53 | 1.56 | 0.78 | 2.54 | 1.54 | 1.68 | 23.12 | 20.02 | 19.52 | 30.78 |
| Total Liabilities | 339.17 | 313.73 | 302.33 | 293.76 | 291.51 | 288.07 | 313.28 | 282.37 | 305.4 | 347.72 |
| Fixed Assets | 228.6 | 198.94 | 189.2 | 180.73 | 245.57 | 166.31 | 159.45 | 235.79 | 248.47 | 245.07 |
| CWIP | 47.78 | 60.96 | 68.57 | 73.88 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 12.31 |
| Investments | 10.15 | 10.46 | 10.46 | 10.41 | 10.46 | 1.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Other Assets | 52.64 | 43.37 | 34.1 | 28.74 | 34.52 | 119.76 | 152.83 | 45.58 | 55.93 | 90.3 |
| Total Assets | 339.17 | 313.73 | 302.33 | 293.76 | 291.51 | 288.07 | 313.28 | 282.37 | 305.4 | 347.72 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7.96 | 7.47 | 5.33 | 9.77 | 6.04 | 1.41 | 0.32 | -8.05 | -9.17 | 2.77 |
| Cash from Investing Activity | -6.68 | 9.8 | 1.81 | 0.97 | 0.92 | 2.63 | 4.78 | 43.96 | -22.5 | -33.8 |
| Cash from Financing Activity | -0.63 | -18.23 | -7.35 | -9.29 | -4.85 | -6.46 | 15.07 | -57.19 | 32.9 | 38.55 |
| Net Cash Flow | 0.64 | -0.96 | -0.21 | 1.44 | 2.11 | -2.42 | 20.17 | -21.28 | 1.24 | 7.52 |
| Free Cash Flow | 3.22 | 14.41 | 7.02 | 6.6 | 5.72 | 1.43 | 0.12 | -9.33 | -29.25 | -19.12 |
| CFO/OP | 55 | 70 | 87 | 117 | 64 | 22 | 2 | -47 | -73 | 30 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 89.22 | 84.13 | 96.03 | 83.03 | 103.85 | 119.78 | 88.13 | 79 | 59.04 | 34.22 |
| Cash Conversion Cycle | 89.22 | 84.13 | 96.03 | 83.03 | 103.85 | 119.78 | 88.13 | 79 | 59.04 | 34.22 |
| Working Capital Days | 40.4 | -32.23 | 28.58 | 16.78 | 139.42 | -445.7 | -272.57 | 24.83 | 248.23 | 168.93 |
| ROCE % | 0.96 | 2.45 | -0.85 | -0.09 | 0.79 | 0.71 | 2.73 | 3.93 | 1.99 | 2.22 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 50.76% | 50.76% | 50.76% | 50.76% | 47.16% | 47.16% | 47.16% | 47.16% | 47.16% | 47.82% | 48.2% | 48.2% |
| FIIs | 0.02% | 0% | 0% | 0.24% | 0.01% | 0.03% | 0.02% | 0.01% | 0.05% | 0% | 0% | 0.02% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 46.22% | 45.84% | 45.81% | 45.67% | 47.99% | 48.04% | 47.78% | 47.88% | 48.01% | 46.49% | 44.6% | 45.71% |
| Others | 2.99% | 3.39% | 3.42% | 3.33% | 4.84% | 4.76% | 5.03% | 4.95% | 4.78% | 5.69% | 7.2% | 6.07% |
| No. of Shareholders | 68059 | 71635 | 79558 | 86417 | 102185 | 109078 | 114672 | 112481 | 110335 | 108788 | 108279 | 108322 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 6 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 9.03 | Buy |
| EMA (10) | 9.04 | Buy |
| SMA (20) | 9.03 | Buy |
| EMA (20) | 9.05 | Buy |
| SMA (50) | 9.12 | Sell |
| EMA (50) | 9.14 | Sell |
| SMA (100) | 9.48 | Sell |
| EMA (100) | 9.55 | Sell |
| SMA (200) | 10.78 | Sell |
| EMA (200) | 10.98 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.1 | Neutral |
| MACD (12,26,9) | -0.02 | Sell |
| Stochastic (14,3,3) | 51.52 | Neutral |
| ADX (14) | 26.6 | Buy |
| Williams %R (14) | -45.45 | Neutral |
| ATR (14) | 0.33 | High Volatility |
| ROC (12) | -2.68 | Sell |
| Stoch RSI (14) | 57.05 | Neutral |
| UO (7,14,28) | 49.64 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3e3634c-7363-4f7d-a4f6-59b7cd0a3086.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8c223aa-7edc-4ad6-84f2-9bceda2e1166.pdf) |
| 2026-08-13 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65f9facc-84ea-4e04-8adb-09f734297c7b.pdf) |
| 2026-08-05 | [Board Meeting Intimation for UNAUDITED FINANCIAL RESULTS AS ON 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39adf8f7-1854-4b73-bf9c-5b0c2b594d40.pdf) |
| 2026-07-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d886358-acc4-47f4-97e0-bf0954f49fc8.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2595b621-2223-4125-a7ae-09f7ab786514.pdf) |
| 2026-05-28 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=554eae50-1a6e-48b4-9112-d855d8b586d3.pdf) |
| 2026-05-26 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 26.05.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60c1e6eb-82fe-4273-992d-706f5b69993f.pdf) |
| 2026-05-19 | [Board Meeting Intimation for APPROVAL OF AUDITED FINANCIAL RESULTS AS ON 31.03.2026 AND FUND RAISING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4e91df9-cc80-4ca7-a564-a1bc2de7808b.pdf) |
| 2026-05-07 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=423b3912-42d1-4c51-8406-6ed492f9f35b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [UNAUDITED FINANCIAL RESULTS AS ON 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb3318f9-3c4b-4d02-a086-790e4a3dd5ba.pdf) |
| 2026-05-26 | [AUDITED FINANCIAL RESULTS AS ON 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc0ddafc-cb67-4422-96d8-4d69a4062283.pdf) |
| 2026-01-29 | [UNAUDITED FINANCIAL RESLTS FOR QUARTER ENDED 31ST DECEMBER 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a369020-f8b4-40f8-a67b-e40a155f6142.pdf) |
| 2025-11-14 | [UNAUDITED FINANCIAL RESULTS 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=931fe1ed-7337-43ef-9ea7-196fb0f20978.pdf) |
| 2025-08-12 | [UNAUDITED FINANCIAL RESULTS AS ON 30TH JUNE 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d44f6a30-79af-417b-bb3d-263d5b555e55.pdf) |
| 2025-05-31 | [AUDITED FINANCIAL RESULTS AS ON 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44c91053-2e03-4272-ba86-b1f790562211.pdf) |
| 2025-02-12 | [FINANCIAL RESULTS AS ON 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=807a7cf7-f8ed-46d4-89aa-deb72c229bdc.pdf) |
| 2024-11-13 | [UNAUDITED FINANCIAL RESULTS AS ON 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbe0ed4b-8abd-4af0-abd3-9c380f57d5a8.pdf) |
| 2024-08-14 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4c3fc06-6bb6-435d-8b3b-8bbbe39a387f.pdf) |
| 2024-05-27 | [AUDITED FINANCIAL RESULTS AS ON 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2bf2f78a-e60d-420b-a0e7-e94ed17d0ec6.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/437e1148-a19f-48b8-8d6a-0e7882d910d0.pdf) |
| 7 May - NCLT modified amalgamation order with Ind Eco Ventures; appointed date corrected to 1 April 2024. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 7 May - NCLT modified amalgamation order with Ind Eco Ventures; appointed date corrected to 1 April 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/423b3912-42d1-4c51-8406-6ed492f9f35b.pdf) |
| 6 Mar - Authorized share capital increased from Rs.175 Cr to Rs.275 Cr (17.5 crore to 27.5 crore shares), approved 05-Mar-2026. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 6 Mar - Authorized share capital increased from Rs.175 Cr to Rs.275 Cr (17.5 crore to 27.5 crore shares), approved 05-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a592ae7d-9830-4d30-9966-cde23c0a83a8.pdf) |
| 5 Feb - Q3 results; rights issue INR49.42cr; board approved authorized capital rise, overseas bond up to 70 million, borrowing increase to INR1,500cr. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 Feb - Q3 results; rights issue INR49.42cr; board approved authorized capital rise, overseas bond up to 70 million, borrowing increase to INR1,500cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa4ead4c-3a81-4144-9e62-97f569e1a269.pdf) |
| 3 Feb - Indowind posted Q3 FY26 earnings-call audio for quarter and nine months ended Dec 31, 2025 on website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 3 Feb - Indowind posted Q3 FY26 earnings-call audio for quarter and nine months ended Dec 31, 2025 on website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42927e01-0471-42fb-a989-251850805155.pdf) |
| 25 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ended Mar 31, 2026. | [Closure of Trading Window 25 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b8438fb-871e-4566-af8f-4504842a97eb.pdf) |
| 25 Apr - Company clarified share price movement was market-driven; no unpublished price-sensitive information. | [Clarification On Price Movement 25 Apr - Company clarified share price movement was market-driven; no unpublished price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5568c16d-98ea-45c9-8652-dbe7bb2051a1.pdf) |
| 13 Mar - NCLT Chennai approved amalgamation of Ind Eco Ventures into Indowind; order dated March 10, 2026. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 13 Mar - NCLT Chennai approved amalgamation of Ind Eco Ventures into Indowind; order dated March 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8784e7a8-ab34-43bc-b444-7a94d8a051ca.pdf) |
| 11h - Company clarified share price movement was market-driven; no unpublished price-sensitive information. | [Clarification On Price Movement 11h - Company clarified share price movement was market-driven; no unpublished price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5568c16d-98ea-45c9-8652-dbe7bb2051a1.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8e4e5d7-337d-4462-a190-2863aaba9c5a.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42927e01-0471-42fb-a989-251850805155.pdf) |
| 2025-11-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8117831c-e93b-4353-a2c1-ea5aabd293f3.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-11-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6fb1fc7-b99a-47a3-b3af-dd3c71d81233.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6fb1fc7-b99a-47a3-b3af-dd3c71d81233.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2816_INDOWIND_2011_2012_31102013110004.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6232a7a5-083f-4626-815d-c6b5aff35cf9.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55bbb5bf-fafa-422a-8508-86a883bbcc4a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b70302d7-1594-4140-913f-e8e29293b999.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/77044532894.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/71790532894.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/66875532894.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/5328940319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/5328940318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532894/5328940317.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:07:50.463Z.