Read the quarter in context.
A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹6.19 Cr
verified against source
Revenue YoY
5%
reported change
EBITDA
Pending
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Indowind Energy reported Q3 FY26 consolidated revenue of ₹6.19 crore, up 5% YoY, and a PAT of ₹0.35 crore versus a loss last year, driven by better wind conditions and recent asset acquisitions. For 9M FY26, revenue grew 21.61% YoY to ₹35.49 crore, EBITDA rose 29.39% to ₹16.98 crore, and EBITDA margin improved to 47.86%. Management highlighted seasonal wind patterns and fixed grid charges as margin dampeners in Q3. The company raised ₹49.42 crore via rights issue and plans a 4 MW solar project, a new O&M subsidiary, and a 20% stake in a 19 MW asset. Risks include quarterly earnings volatility, PPA renegotiation pressure, and execution delays in expansion plans.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects to complete the 4 MW solar project in Karnataka within 4-6 months, with day-one profitability.
- Management aims to achieve EPS beyond ₹1 through organic and inorganic growth, from current ₹0.56 level.
- Management indicated the company may be in a position to declare a dividend soon, given improved profitability.
Risks flagged
- Wind generation is seasonal, causing significant quarterly revenue and profit swings, which may concern investors.
- Customers periodically seek better pricing, which could compress margins if not managed carefully.
- Delays in solar project completion or integration of new assets could impact near-term growth targets.
Key quotes
- We are now in the industry for 30 plus years. We make the you know some some provision like depreciation in accordance with the production instead of going by pure calendar year.
- Our goal is first to cross the profitability and the EPS growth. So we are looking at inorganic acquisitions few of them in the next year.
- We will evaluate economically whether we can do the repowering or refurbishing based on each machines when some trouble comes.
Research modules