1. At a Glance
Once a promising IPP in wind energy, Indowind Energy is now…well, mostly in low gear. It’s debt-light, profit-light, and dividend-invisible. With a P/E of 199 and a ROE of 0.49%, this ₹250 Cr company is either misunderstood or massively overvalued.
2. Introduction with Hook
If stock investing were a cricket match, Indowind would be the guy who scored 1 run in 100 balls and still didn’t get out. The crowd’s confused whether to clap or boo.
- Market Cap: ₹250 Cr
- 5-Year Sales Growth: 10.2% (Snail mail was faster)
- ROE (Last 3Y): 1.98% (Blink and you’ll miss it)
And yet, somehow… the stock has a P/E of 199. Maybe it’s powered by sentiment, not wind.
3. Business Model (WTF Do They Even Do?)
Indowind Energy is an Independent Power Producer (IPP) with wind in its sails and cash… well, somewhere else.
- Generates & sells wind power to state utilities and corporates
- Offers wind asset management services
- Carbon credit sales & trading for ESG points
- Built wind farms & sells green power, but has no solar play (yet)
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