Indowind Energy Limited — Investor Meet, 05-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Indowind Energy reported a robust Q3 FY26, returning to profit with ₹0.35 crore PAT and 5% revenue growth to ₹6.19 crore. For the nine months, revenue hit ₹35.49 crore (+21.61% YoY), EBITDA grew 29.39% to ₹16.98 crore (margins at 47.86%), and net profit increased 24.32% to ₹7.5 crore.

Management highlighted strategic moves: securing Karnataka govt approval for a 4 MW solar project, a successful ₹49.42 crore rights issue, and plans for a new O&M subsidiary. Investments include a 20% stake in EverOn Power for operational assets and EPC capabilities. The company is actively diversifying into solar to mitigate wind seasonality and exploring battery storage. Priorities include efficient asset management, customer retention, and completing the solar expansion to drive EPS growth. The strong rights issue participation reflects positive investor sentiment.