Indowind Energy Shares Jump 6% After Company Reduces Debt; Check the Details

Synopsis: The shares of the company gained 6 percent after the company made a press release about the company’s balance sheet improvement and management commentary on the business.

The shares of this company, which is engaged in developing wind farms, managing the wind assets, and generating Green Power for sale to utilities and corporations, are in focus, followed by updates about the improving financial health of the firm.

With a market capitalization of Rs 257.12 Crore, Indowind Energy Ltd’s share on Friday made a day high of Rs 16.44 per share, up by 6.1 percent from its previous day’s high of Rs 15.49 per share. The share has given a return of 271 percent over the last five years.

Indowind Energy Limited has taken decisive steps to strengthen its financial position and accelerate its renewable energy projects. The company is now focusing on reducing debt and advancing its growth initiatives, aiming to create a more robust foundation for future expansions.

Leveraging the amount raised through its recent rights issue, Indowind has cleared legacy liabilities, including Rs 11.63 crore toward loans from corporate promoters and around Rs 9.25 crore toward outstanding LIC dues. These repayments are expected to lower interest costs and improve overall profitability, giving the company a “reset” balance sheet that positions it well for securing new funding and driving turnover growth.

On the operational front, Indowind has moved its 4 MW solar project from planning into execution, while continuing to rely on its 30 years of wind energy expertise. With a dedicated operations and maintenance team ensuring 24×7 monitoring, the company is well-equipped to optimize performance.

Promoter Bala Venckat Kutti highlighted that these steps are to improve cost efficiency and provide greater financial flexibility, enabling Indowind to focus on sustainable growth and make a strong financial footing.

Indowind Energy Limited, incorporated in 1995, is an Independent Power Producer (IPP) in the renewable energy field, generating Green Power through dedicated wind farms and offering allied services in the wind energy sector. 

Financial highlights involve revenue from operations growing by 11 percent to Rs 17.55 crore, corresponding to the same quarter last year. Accompanied by a net profit growth of 3.39 percent YoY to Rs. 4.57 crore and EPS growth of 3.39 percent to Rs 0.29 per share in Q2 FY26.

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