Indowind Energy (NSE:INDOWIND) Gross Margin %: 103.82% (As of Mar. 2026) — 56% Above Median


NSE:INDOWIND Indowind Energy Ltd NSE:INDOWIND
66 GF Score
Price ₹9.43
GF Value ₹14.21
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Indowind Energy Gross Margin %?

Indowind Energy NSE:INDOWIND -1.15% 66 Gross Margin % is 103.82% as of Mar. 2026, which is 56% above its 10-year median of 66.49. GuruFocus rates NSE:INDOWIND with a GF Score™ of 66/100 and a GF Value™ of ₹14.21 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Indowind Energy ranks better than 98.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indowind Energy's Gross Profit for the three months ended in Mar. 2026 was ₹54.7 Mil. Indowind Energy's Revenue for the three months ended in Mar. 2026 was ₹52.7 Mil. Therefore, Indowind Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 103.82%.


The historical rank and industry rank for Indowind Energy's Gross Margin % or its related term are showing as below:

NSE:INDOWIND' s Gross Margin % Range Over the Past 10 Years
Min: 49.71   Med: 66.49   Max: 100.56
Current: 100.49


During the past 13 years, the highest Gross Margin % of Indowind Energy was 100.56%. The lowest was 49.71%. And the median was 66.49%.

NSE:INDOWIND's Gross Margin % is ranked better than
98.76% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs NSE:INDOWIND: 100.49

Indowind Energy had a gross margin of 103.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indowind Energy was 10.80% per year.


Indowind Energy  (NSE:INDOWIND) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Indowind Energy had a gross margin of 103.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Indowind Energy Gross Margin % Related Terms


Indowind Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indowind Energy's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indowind Energy Gross Margin % Chart

Indowind Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.71 60.05 59.78 100.56 100.49

Indowind Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.03 0.00 0.00 0.00 103.82

Indowind Energy Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Indowind Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indowind Energy Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Indowind Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indowind Energy's Gross Margin % falls into.


NSE:INDOWIND
66GF Score
Indowind Energy Ltd NSE:INDOWIND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indowind Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Indowind Energy's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=409.6 / 407.543
=(Revenue - Cost of Goods Sold) / Revenue
=(407.543 - -2.011) / 407.543
=100.49 %

Indowind Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=54.7 / 52.678
=(Revenue - Cost of Goods Sold) / Revenue
=(52.678 - -2.011) / 52.678
=103.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 103.82% mean?
Indowind Energy (NSE:INDOWIND) has a Gross Margin % of 103.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indowind Energy and its competitors. This is 56% above median its historical median of 66.49. Over the past decade, Indowind Energy's Gross Margin % has ranged from 49.71 to 100.56. According to the industry distribution chart, Indowind Energy ranks #5 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.2%.
Is Indowind Energy's Gross Margin % too high?
Indowind Energy's current Gross Margin % of 103.82% is 56% above median its 10-year median of 66.49. Over the past 10 years, this metric has ranged from a low of 49.71 to a high of 100.56. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Indowind Energy's value of 103.82% is 231.2% above this industry median. Based on the distribution chart, Indowind Energy ranks #5 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Indowind Energy has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indowind Energy's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Indowind Energy ranks #5 out of 403 companies for Gross Margin %. This places Indowind Energy in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.35. Indowind Energy's value of 103.82% is 231.2% above this benchmark. Historically, Indowind Energy's own Gross Margin % has ranged from 49.71 to 100.56 over the past decade. While the company's 10-year median is 66.49 vs. the industry median of 31.35, Indowind Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indowind Energy's current Gross Margin % of 103.82% is 231.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Indowind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indowind Energy's current Gross Margin % is 103.82%, which is 56% above median its own 10-year median of 66.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indowind Energy stock overvalued right now?
Based on GuruFocus' analysis, Indowind Energy (NSE:INDOWIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹14.21, compared to a current price of ₹9.43 — trading 33.6% below its estimated fair value. The current Gross Margin % is 103.82%, which is 56% above median its 10-year median of 66.49 and 231.2% above the Utilities - Independent Power Producers industry median of 31.35. Indowind Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Indowind Energy (NSE:INDOWIND), the current Gross Margin % is 103.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indowind Energy (NSE:INDOWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Indowind Energy stock appears to be undervalued. The current stock price of ₹9.43 is trading 33.6% below its estimated GF Value™ of ₹14.21. GuruFocus considers Indowind Energy to be Significantly Undervalued.

Key valuation signals for NSE:INDOWIND:

  • Gross Margin %: 103.82% (56% above median its 10-year median of 66.49)
  • GF Value™: ₹14.21 vs. price of ₹9.43 (33.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 231.2% above the Utilities - Independent Power Producers median (#5 of 403)

No single metric tells the full story. See the NSE:INDOWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indowind Energy Business Description

Other Exchanges 532894:India
Address 114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600034
Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.
66GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹9.43
Price
₹14.21
GF Value