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Indowind Energy
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The Company was incorporated as Indowind Energy Private Limited' on July 19, 1995. The Company became a deemed public limited company on September 30, 1997 and was converted into a public limited company on December 29, 2000. The Company is engaged in the business of generation and distribution of power through windmills.
Mr. K.V. Bala and Subuthi Finance Limited have promoted the Company with the main object of developing wind farms on a large scale for commercial exploitation, generating energy from Wind Mills, Wind Turbines and other Equipment and selling it to State Electric Boards and Corporate clients.
The Company commenced its commercial operation of generating power on September, 1995 by setting up 225 KW Wind Electric Generator in Tamil Nadu. The Company has been raising its generation capacity every year and the same has since been increased to 16.825 MW. The Company has altered its main object clause to include the activities of manufacturing equipments of windmills under the purview of its business; a unit was set up in Pondicherry through which the Company has provides total solution for installation, operation and maintenance of windmills for third parties.
The company has purchased WEGs from reputed suppliers like NEPC-MICON, VESTAS-RRB, AMTL-Wind World and AWT to avoid dependence on single technology and single manufacturer. The company has offer Green Power' to customers that include SEBs and Corporates. Other than the above company has also into the business of providing Operations and Maintenance services for windmills. Recently, the company has ventured into turnkey projects for erection, installation and maintenance of windmills for corporate companies.
The company has worked continuously to strengthen infrastructure and enhance the presence in this sector. The company has been selling the power generated to Tamil Nadu Electricity Board (TNEB) and various private corporate clients in Karnataka such as Hindustan Coca Cola Beverages Private Limited, Karnataka Distilleries Limited, United Breweries Limited, H&R Johnson India Limited, Delphi Automotive Systems Private Limited and Spicer India Limited. The electricity charges recovered for the corporate clients in Karnataka are more than the revenue generated from the sale to SEBs. Since the wheeling charges under the new policy are very exorbitant, the company has decided to sell the power generated from the proposed 9 MW project to BESCOM (KPTCL) where the realization per unit is higher as compared to sale to private corporate clients under the current guidelines.
The Company restructured the asset holdings and has formed a subsidiary Company called 'Indowind Power Private Ltd., which was incorporated during August 2010. In 2013-14, the newly added 2 MW wind farm started contributing for the energy production. The company also added a 0.25 MW capacity in Tamil Nadu during the year and completed 2 MW repowering in Tamil Nadu. It completed the transmission line works for 1.92 MW capacity wind farm in Hanumasagar, Karnataka from 11 KV to 66 KV line. During 2015-16, the Company acquired 4.2 (MW) wind farm capacity along with other efficiency improvement projects. It completed repowering of 13 Nos. WEGs-4 machines of 250 KW and 9 machines of 225 KW capacity in Tamil Nadu during 2016-17.
As on March 31, 2020, the installed renewable energy capacity stood at 87.02 GW, of which, solar and wind comprised 34.62 GW and 37.69 GW, respectively.
As on March 31, 2022, the installed renewable energy capacity stood at 163.38 GW, of which, solar and wind comprised 53.99 GW and 40.35 GW, respectively.
Indowind Energy share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Indowind Energy indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Indowind Energy is valued compared to its competitors.
Indowind Energy PE ratio helps investors understand what is the market value of each stock compared to Indowind Energy 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Indowind Energy evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Indowind Energy generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Indowind Energy in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Indowind Energy shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Indowind Energy compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Indowind Energy over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Indowind Energy helps investors get an insight into when they can enter or exit the stock. Key components of Indowind Energy Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Indowind Energy shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Indowind Energy ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Indowind Energy provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Indowind Energy highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Indowind Energy .
The balance sheet presents a snapshot of Indowind Energy ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
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