Indowind Energy (NSE:INDOWIND) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:INDOWIND Indowind Energy Ltd NSE:INDOWIND
66 GF Score
Price ₹9.54
GF Value ₹14.58
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Indowind Energy Interest Coverage?

Indowind Energy NSE:INDOWIND +0.95% 66 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:INDOWIND with a GF Score™ of 66/100 and a GF Value™ of ₹14.58 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Indowind Energy ranks worse than 67.29% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Indowind Energy's Operating Income for the three months ended in Mar. 2026 was ₹-33.8 Mil. Indowind Energy's Interest Expense for the three months ended in Mar. 2026 was ₹-1.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Indowind Energy's Interest Coverage or its related term are showing as below:

NSE:INDOWIND' s Interest Coverage Range Over the Past 10 Years
Min: 0.11   Med: 1.13   Max: 3.19
Current: 1.72


NSE:INDOWIND's Interest Coverage is ranked worse than
67.29% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs NSE:INDOWIND: 1.72

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Indowind Energy  (NSE:INDOWIND) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Indowind Energy Interest Coverage Related Terms


Indowind Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indowind Energy's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Indowind Energy Interest Coverage Chart

Indowind Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.19 2.08 2.80 2.29

Indowind Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.00 10.21 2.90 0.00 0.00

Indowind Energy Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Indowind Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Indowind Energy's Interest Coverage falls into.


NSE:INDOWIND
66GF Score
Indowind Energy Ltd NSE:INDOWIND
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indowind Energy Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Indowind Energy's Interest Expense was ₹-29.3 Mil. Its Operating Income was ₹67.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹95.3 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*67.256/-29.325
=2.29

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

Here, for the three months ended in Mar. 2026, Indowind Energy's Interest Expense was ₹-1.0 Mil. Its Operating Income was ₹-33.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹95.3 Mil.

Indowind Energy did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Indowind Energy (NSE:INDOWIND) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indowind Energy and its competitors. Over the past decade, Indowind Energy's Interest Coverage has ranged from 0.11 to 3.19. According to the industry distribution chart, Indowind Energy ranks #216 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 67.3%.
Is Indowind Energy's Interest Coverage too high?
Indowind Energy's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 3.19. Based on the distribution chart, Indowind Energy ranks #216 out of 321 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. 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 Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Indowind Energy ranks #216 out of 321 companies for Interest Coverage. This places Indowind Energy in the lower half of its industry. The industry median Interest Coverage is 2.77. Historically, Indowind Energy's own Interest Coverage has ranged from 0.11 to 3.19 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indowind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indowind Energy's current Interest Coverage is 0 (At Loss). 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 ₹14.58, compared to a current price of ₹9.54 — trading 34.6% below its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Indowind Energy (NSE:INDOWIND), the current Interest Coverage is 0 (At Loss) 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 ₹9.54 is trading 34.6% below its estimated GF Value™ of ₹14.58. GuruFocus considers Indowind Energy to be Significantly Undervalued.

Key valuation signals for NSE:INDOWIND:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹14.58 vs. price of ₹9.54 (34.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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

Get the complete analysis for NSE:INDOWIND

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

₹9.54
Price
₹14.58
GF Value