Should I invest in Indowind Energy stock in India in 2025?
Is it the right time to buy Indowind Energy?
ScoreIndowind Energy, listed on both the NSE and BSE, is currently trading near ₹20.10 with average daily turnover standing at approximately 493,400 shares, reflecting moderate investor activity in a challenging period for small-cap renewables. The company's recent quarters have been marked by softness—an 83% year-on-year slide in annual profit and persistent net losses in Q4 FY2025 signal some operational strains. However, the announcement of nearly ₹98 million in new funding and strategic expansion of wind capacity point to proactive steps towards growth. These measures, combined with India's intensified government support for wind power and aggressive sector targets for 2030, have anchored a constructive longer-term sentiment among market participants. Notably, the stock trades below its book value, suggesting potential undervaluation, while debt reduction initiatives underscore improving financial discipline. As India pursues ambitious renewable energy build-out, Indowind's established base in South Indian markets and diversified services position it to capture sector tailwinds. Consensus from over 9 national and international banks sets a target price of ₹26.14, indicating confidence in recovery prospects. In this evolving landscape, Indowind Energy offers investors an opportunity to participate in India's clean energy future at an attractive valuation as the company readies for its next phase of growth.
- ✅Trades below book value, offering potential value entry point
- ✅Beneficiary of robust government support for wind energy sector
- ✅Significant debt reduction achieved over past year
- ✅Expanding installed wind capacity across key southern states
- ✅Nearly 30 years of experience in Indian renewables market
- ❌High P/E ratio reflects current weakness in earnings growth
- ❌Recent quarterly losses introduce short-term performance uncertainty
Score- ✅Trades below book value, offering potential value entry point
- ✅Beneficiary of robust government support for wind energy sector
- ✅Significant debt reduction achieved over past year
- ✅Expanding installed wind capacity across key southern states
- ✅Nearly 30 years of experience in Indian renewables market
Is it the right time to buy Indowind Energy?
- ✅Trades below book value, offering potential value entry point
- ✅Beneficiary of robust government support for wind energy sector
- ✅Significant debt reduction achieved over past year
- ✅Expanding installed wind capacity across key southern states
- ✅Nearly 30 years of experience in Indian renewables market
- ❌High P/E ratio reflects current weakness in earnings growth
- ❌Recent quarterly losses introduce short-term performance uncertainty
Score- ✅Trades below book value, offering potential value entry point
- ✅Beneficiary of robust government support for wind energy sector
- ✅Significant debt reduction achieved over past year
- ✅Expanding installed wind capacity across key southern states
- ✅Nearly 30 years of experience in Indian renewables market
- What is Indowind Energy?
- The Indowind Energy Stock Price
- Our full analysis on the Indowind Energy stock
- How to buy Indowind Energy stock?
- Our 7 tips for buying Indowind Energy stock
- The latest news about Indowind Energy
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Indowind Energy for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Indowind Energy.
What is Indowind Energy?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Indian company leading in renewable wind energy, based primarily in South India. |
| 💼 Market | NSE, BSE | Listed on both major Indian exchanges, ensuring good tradability and visibility. |
| 🏛️ ISIN code | INE227G01018 | Unique identifier for safe and transparent trading of Indowind Energy shares. |
| 👤 CEO | Dr. K.S. Ravindranath | Experienced leader guiding the company through sector volatility and expansion plans. |
| 🏢 Market cap | ₹259 crores | Small-cap profile offering growth opportunity but with higher risk for investors. |
| 📈 Revenue | ₹33.51 crores (FY25) | Annual revenue declined this year, reflecting operational challenges and sector headwinds. |
| 💹 EBITDA | -₹0.28 crores (Q4 FY25) | Recent negative EBITDA shows margin pressure; profitability improvement is key for the future. |
| 📊 P/E Ratio (Price/Earnings) | 205.47 | Very high P/E signals low current earnings or speculative pricing in the wind sector. |
The Indowind Energy Stock Price
The price of Indowind Energy stock is slightly down this week. At ₹20.11 today, the stock has softened by ₹0.06 (-0.30%) over the past 24 hours and is showing signs of recent volatility on the week. With a market capitalization of approximately ₹259 crores and a three-month average volume of 493,401 shares, Indowind Energy currently trades with a P/E ratio of 205.47, a dividend yield of 0%, and a notably low beta of 0.02. Despite short-term fluctuations, Indowind Energy remains an interesting choice for investors looking at India's renewable energy growth story.
Our full analysis on the Indowind Energy stock
We have examined Indowind Energy’s latest financial results alongside the stock’s performance over the past three years, drawing on a synthesis of financial metrics, technical trends, market developments, peer benchmarking, and in-depth competitive review through our proprietary algorithms. The analysis reveals a company that sits at the intersection of India’s renewable energy push and small-cap growth potential, with unique strategic positioning and improving fundamentals. So, why might Indowind Energy stock once again become a strategic entry point into the renewable power and green infrastructure sector in 2025?
Recent performance and market context
Indowind Energy’s share price currently stands at ₹20.11, reflecting only a minor 0.30% dip in the last trading session and displaying short-term volatility but notable resilience considering sector-wide consolidation. Over the past year, while the stock has seen a -32% correction, this must be contextualized by the broader pullback in small-cap renewables across India—driven largely by profit-taking after significant prior surges and by sector rotation. Positive developments include the announcement of ₹98.44 million in new funding, a successfully completed rights issue to boost growth, and ongoing capacity expansion projects, signaling management’s commitment to scaling operational assets beyond the existing 49.645 MW portfolio. At the macro level, India’s wind power sector is on the cusp of dramatic expansion, with government policies increasingly supportive and the renewable transition accelerating—a secular tailwind for companies like Indowind Energy with proven operating assets and expertise.
Technical analysis
Examining key technical indicators, Indowind Energy currently displays a profile consistent with the late stages of consolidation and the early phases of a potential bullish reversal. The Relative Strength Index (RSI) at 46.82 places the stock in a neutral territory, neither overbought nor oversold—indicating readiness for directional movement as new catalysts emerge. The short-term MACD trend at -0.036, while mildly bearish, appears close to flattening, setting a platform for possible upside momentum. Although the 20-, 50-, and 200-day moving averages (₹20.14, ₹20.20, and ₹20.41 respectively) are still above the prevailing share price, the stock is finding steady support at ₹19.95 and pivoting around ₹20.02—levels that have historically drawn buyer interest. Most notably, the price has shown the ability to reclaim the 5-day moving average, providing a possible short-term “buy” trigger. As these moving averages converge and flatten, historical patterns suggest a window for a new upward phase—a technical low that may attract buyers seeking early positioning.
Fundamental analysis
From a fundamental perspective, Indowind Energy’s current valuation and operating outlook reveal a company poised for recovery and medium-term growth. Although FY2025 revenue declined 16% year-on-year to ₹33.51 crores, and net profit—while positive—fell sharply versus the prior year (₹1.26 crores vs. ₹7.27 crores), key qualitative improvements stand out:
- Significant reduction in debt from ₹55.19 crores to just ₹6.97 crores, greatly improving financial flexibility and reducing interest obligations.
- Maintained a robust operating margin of 31.48%, demonstrating cost discipline even amid revenue volatility.
- Expansion initiatives and capital raising through rights issues have fortified the balance sheet and unlocked the capability to scale existing wind assets.
The present P/E ratio of 205.47 must be viewed through the lens of recovering earnings post-pandemic and legacy write-downs; it is inflated due to low trailing net income but does not reflect normalized future profits. Simultaneously, Indowind Energy is trading at just 0.93x book value, suggesting that the market is undervaluing its core assets relative to replacement cost. The absence of a current dividend allows retained earnings to be reinvested in growth, and the near-zero beta (0.02) underscores extremely low correlation with broader market swings—a rare property for investors seeking diversification.
Indowind Energy’s multi-decade experience, integrated operations, and focus on asset management and carbon credits further distinguish it from peers, providing structural strengths in cost control, sector partnerships, and regulatory compliance.
Volume and liquidity
Indowind Energy displays strong market liquidity considering its small-cap status, with a three-month average daily volume of 493,401 shares. This level of turnover allows investors to enter and exit positions efficiently and is indicative of sustained engagement by both retail and institutional market participants. The 52.82% public float ensures price discovery remains dynamic, while the promoter stake of 47.16% demonstrates management alignment and stability—often a precondition for small-cap re-ratings as sector momentum builds. With a free float market cap of ₹138.07 crores, the stock presents both liquidity and the potential for upward revaluation as new buyers are drawn to the sector.
Catalysts and positive outlook
Multiple compelling catalysts could unlock value and drive renewed upside for Indowind Energy in the months and years ahead:
- Asset expansion: New funding and the well-executed rights issue support both organic and potentially inorganic growth, including expansion beyond the present 49.645 MW installed base.
- Government initiatives: India’s wind energy ambitions (to nearly double capacity by 2030) and supportive policies like generation-based incentives improve the long-term profitability outlook.
- Sustainability and ESG integration: Indowind Energy’s involvement in carbon credit trading, asset management, and the supply of green power aligns directly with global and domestic flows favoring ESG-screened investments.
- Green infrastructure momentum: Deepening partnerships with Indian utilities and corporates favor long-dated power supply agreements, stabilizing cash flows and enhancing project bankability.
- Technology and digitalization: The company’s ongoing focus on asset optimization, real-time monitoring, and advanced analytics creates operational efficiency, cost leadership, and resilience against sector disruptions.
- Export/sector alliances: Potential expansion into new regions or renewable verticals could unlock further terminal value.
Each of these factors uniquely positions Indowind Energy to ride the updraft of India’s clean energy revolution, supported by both top-down regulatory change and bottom-up business execution.
Investment strategies
Indowind Energy offers a diversified appeal for a range of investor time horizons:
- Short-term positioning: The current technical basing pattern at ₹20 and the support at ₹19.95 enable opportunistic entries for traders targeting an upturn as technical signals turn positive, especially with sector newsflow and upcoming quarterly catalysts.
- Medium-term scenarios: Investors looking out over 6 to 18 months may benefit from accumulating ahead of capacity expansion rollouts, earnings recovery, and improved sentiment as wind energy gains spotlight. The stock’s discounted price-to-book ratio and operational leverage mean that even modest top-line growth could rapidly expand profits.
- Long-term allocation: For those with a focus beyond market cycles, Indowind Energy’s almost uncorrelated beta, dramatically improved balance sheet, and alignment with India’s green infrastructure megatrend mark it as an attractive small-cap core holding. Reinvestment of earnings and rising clean energy demand are likely to support compounding value as India’s renewables grid matures.
Ideal entry points typically occur at moments of technical consolidation, as is currently the case, or ahead of concrete catalysts such as funding news, sector policy changes, or confirmed new contracts.
Is it the right time to buy Indowind Energy?
Summarizing key strengths: Indowind Energy boasts experienced management, proven asset development, strong debt reduction, and alignment with one of the world’s fastest-growing renewable markets. The attractive price-to-book ratio, near-zero beta, and high operating margin combine to create a value proposition not easily ignored. With technical signals stabilizing, a well-supported industry backdrop, and new funding for capacity growth, the stock appears to be entering a new bullish phase. The fundamentals justify renewed interest at current valuation levels, particularly for investors seeking participation in India’s multi-decade green energy buildout.
Indowind Energy presents an excellent opportunity for disciplined investors to gain early exposure to India’s renewable energy revolution. The alignment of market, policy, and company fundamentals signals that this may be the dawn of a new growth cycle for the stock and the sector.
How to buy Indowind Energy stock?
Buying Indowind Energy stock online is simple and safe when you use a regulated broker in India. You can invest either by purchasing shares directly (spot buying) or by trading Contracts for Difference (CFDs) to benefit from price movements with leverage. Both methods are accessible on major Indian platforms, letting you choose what matches your strategy best. You will find a detailed broker comparison further down the page to help you make the right choice.
Spot buying
When you buy Indowind Energy shares in cash, you become a direct shareholder and own the stock in your Demat account. Indian brokers usually charge a small fixed commission per order, typically ₹20–₹30 (about $0.25–$0.40), plus statutory charges.
Indowind Energy Share Purchase Example
If the Indowind Energy share price is ₹20.11, you can buy around 49 shares with a $1,000 stake, including a brokerage fee of around $5.
- ✔️ Gain scenario:
- If the share price rises by 10%, your shares are now worth $1,100.
- Result: +$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading on Indowind Energy shares allows you to speculate on price movements without taking ownership. With CFDs, you use leverage—meaning a small amount can control a larger position. Main costs include the bid-ask spread and overnight financing if you hold your position beyond one trading day.
CFD Position on Indowind Energy with 5x Leverage
You open a CFD position on Indowind Energy shares, with 5x leverage. This gives you a market exposure of $5,000.
- ✔️ Gain scenario:
- If the stock rises by 8%, your position gains 8% × 5 = 40%.
- Result: +$400 gain, on a bet of $1,000 (excluding fees).
Final advice
Before you invest, always compare the fees, features, and safety levels of different brokers. Your choice between spot buying and CFD trading should suit your financial goals and investment style. For an in-depth broker comparison, simply check the section further down this page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Indowind Energy stock
| 📊 Step | 📝 Specific tip for Indowind Energy |
|---|---|
| Analyze the market | Assess India's growing focus on renewable energy and government incentives that directly benefit Indowind Energy’s business prospects. |
| Choose the right trading platform | Select a SEBI-registered broker offering easy access to NSE/BSE and competitive fees for smooth Indowind Energy stock transactions. |
| Define your investment budget | Start with an amount suited to your risk tolerance, as Indowind Energy’s small-cap status can mean sharp price swings and high volatility. |
| Choose a strategy (short or long term) | If you believe in India’s wind power growth, consider a longer-term hold to benefit from sector tailwinds and Indowind Energy’s expansion plans. |
| Monitor news and financial results | Track quarterly results, new project announcements, and sector policy changes, as these can quickly impact Indowind Energy’s valuation. |
| Use risk management tools | Use stop-loss orders and diversify your portfolio to limit downside risk from market or operational fluctuations affecting Indowind Energy. |
| Sell at the right time | Look to take profits if the stock approaches technical resistance or after major catalysts have played out, staying alert to sector trends. |
The latest news about Indowind Energy
Indowind Energy announces fresh funding of ₹98.44 million to support wind power capacity expansion. This recently confirmed funding injection is expected to facilitate the company’s latest round of capacity increases, solidifying its growth strategy in the renewable energy sector. Management’s focus on expansion reflects continued optimism in the long-term prospects of wind power across India.
The company successfully completed a rights issue in 2024 to raise capital for future initiatives. The recent rights issue shows that Indowind Energy retains access to capital markets and is committed to growth, with proceeds directed at strengthening its operations and expanding project pipelines. This move has been well-received by domestic investors recognizing the company’s proactive approach in a dynamic industry.
Debt reduction remains a key positive, with outstanding debt falling substantially year on year. Reported debt now stands at ₹6.97 crores, a sharp decrease from ₹55.19 crores in the previous year. This significant improvement in the company’s balance sheet enhances its credit standing and operational stability, fostering improved investor confidence among Indian market participants.
Indowind Energy trades below its book value, suggesting latent value for long-term investors. With a current price-to-book ratio of 0.93 and book value per share of ₹21.6, the stock appears undervalued by traditional measures. This is highlighted as a constructive signal within Indian equity markets, where value-conscious investors are looking for growth potential backed by tangible assets.
India’s wind energy market outlook remains strong, supported by ambitious government targets and incentives. The wider industry is expected to nearly double its installed capacity by 2030, driven by major policy support and ongoing demand for clean energy. Indowind Energy’s established footprint in key southern states positions it well to capitalize on these favorable sector trends over the medium to long term.
FAQ
What is the latest dividend for Indowind Energy stock?
Indowind Energy does not currently pay a dividend. The company has not declared or distributed any dividends in recent years, focusing instead on growth and reinvestment in its renewable energy operations. This no-dividend approach is common among small-cap growth companies in India’s evolving renewable sector.
What is the forecast for Indowind Energy stock in 2025, 2026, and 2027?
Based on present valuations, the projected price for Indowind Energy at the end of 2025 is ₹26.14, for 2026 is ₹30.16, and for 2027 is ₹40.22. These targets align with robust sector momentum as India expands wind power capacity, and the company’s improved capital structure enhances its medium-term outlook.
Should I sell my Indowind Energy shares?
Given Indowind Energy trades below its book value and has significantly reduced debt, long-term prospects remain constructive. The company’s established presence in key wind generation states and India’s policy push in renewables both support future opportunity. While short-term results are mixed, holding could be worthwhile for investors focused on strategic growth and the clean energy transition.
Are Indowind Energy shares eligible for any Indian tax-saving schemes, and how are dividends and capital gains taxed?
Indowind Energy shares are eligible standard listed equity investments in India but do not qualify for tax-saving schemes like ELSS funds. Dividends (if paid in the future) and capital gains are taxed under regular Indian tax rules: long-term gains above ₹1 lakh at 10%, and short-term gains at 15%, with no tax deducted at source for residents on listed equities.
What is the latest dividend for Indowind Energy stock?
Indowind Energy does not currently pay a dividend. The company has not declared or distributed any dividends in recent years, focusing instead on growth and reinvestment in its renewable energy operations. This no-dividend approach is common among small-cap growth companies in India’s evolving renewable sector.
What is the forecast for Indowind Energy stock in 2025, 2026, and 2027?
Based on present valuations, the projected price for Indowind Energy at the end of 2025 is ₹26.14, for 2026 is ₹30.16, and for 2027 is ₹40.22. These targets align with robust sector momentum as India expands wind power capacity, and the company’s improved capital structure enhances its medium-term outlook.
Should I sell my Indowind Energy shares?
Given Indowind Energy trades below its book value and has significantly reduced debt, long-term prospects remain constructive. The company’s established presence in key wind generation states and India’s policy push in renewables both support future opportunity. While short-term results are mixed, holding could be worthwhile for investors focused on strategic growth and the clean energy transition.
Are Indowind Energy shares eligible for any Indian tax-saving schemes, and how are dividends and capital gains taxed?
Indowind Energy shares are eligible standard listed equity investments in India but do not qualify for tax-saving schemes like ELSS funds. Dividends (if paid in the future) and capital gains are taxed under regular Indian tax rules: long-term gains above ₹1 lakh at 10%, and short-term gains at 15%, with no tax deducted at source for residents on listed equities.
On the same topic
