Indowind Energy (NSE:INDOWIND) ROA %: -8.58% (As of Mar. 2026)


NSE:INDOWIND Indowind Energy Ltd NSE:INDOWIND
68 GF Score
Price ₹9.07
GF Value ₹14.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Indowind Energy ROA %?

Indowind Energy NSE:INDOWIND -0.33% 68 ROA % is -8.58% as of Mar. 2026. GuruFocus rates NSE:INDOWIND with a GF Score™ of 68/100 and a GF Value™ of ₹14.55 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, Indowind Energy ranks worse than 223214.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indowind Energy's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-298.4 Mil. Indowind Energy's average Total Assets over the quarter that ended in Mar. 2026 was ₹3,477.2 Mil. Therefore, Indowind Energy's annualized ROA % for the quarter that ended in Mar. 2026 was -8.58%.

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

During the past 13 years, Indowind Energy's highest ROA % was 2.44%. The lowest was -6.45%. And the median was 0.02%.

NSE:INDOWIND's ROA % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.165
* Ranked among companies with meaningful ROA % only.

Indowind Energy  (NSE:INDOWIND) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-298.36/3477.173
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-298.36 / 210.712)*(210.712 / 3477.173)
=Net Margin %*Asset Turnover
=-141.6 %*0.0606
=-8.58 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Indowind Energy ROA % Related Terms


Indowind Energy ROA % Historical Data

* Premium members only.

The historical data trend for Indowind Energy's ROA % 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 ROA % Chart

Indowind Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -6.41 2.44 0.58 0.00

Indowind Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 -5.68 3.01 5.86 0.52 -8.58

Indowind Energy ROA % Competitor Comparison

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

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

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


NSE:INDOWIND
68GF Score
Indowind Energy Ltd NSE:INDOWIND
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indowind Energy ROA % Calculation

Indowind Energy's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=0.004/( (3053.978+3477.173)/ 2 )
=0.004/3265.5755
=0.00 %

Indowind Energy's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-298.36/( (0+3477.173)/ 1 )
=-298.36/3477.173
=-8.58 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -8.58% mean?
Indowind Energy (NSE:INDOWIND) has a ROA % of -8.58% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Indowind Energy and its competitors. According to the industry distribution chart, Indowind Energy ranks #999999 out of 448 companies in the Utilities - Independent Power Producers industry.
Is Indowind Energy's ROA % too high?
Indowind Energy's current ROA % is -8.58%. Based on the distribution chart, Indowind Energy ranks #999999 out of 448 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Indowind Energy has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indowind Energy's ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Indowind Energy ranks #999999 out of 448 companies for ROA %. This places Indowind Energy in the lower half of its industry. The industry median ROA % is 1.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.17, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Indowind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indowind Energy's current ROA % is -8.58%. 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 ₹14.55, compared to a current price of ₹9.07 — trading 37.7% below its estimated fair value. The current ROA % is -8.58%. Indowind Energy's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Indowind Energy (NSE:INDOWIND), the current ROA % is -8.58% 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 ₹9.07 is trading 37.7% below its estimated GF Value™ of ₹14.55. GuruFocus considers Indowind Energy to be Significantly Undervalued.

Key valuation signals for NSE:INDOWIND:

  • ROA %: -8.58%
  • GF Value™: ₹14.55 vs. price of ₹9.07 (37.7% below fair value)
  • GF Score™: 68/100 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.
68GF Score

Get the complete analysis for NSE:INDOWIND

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

₹9.07
Price
₹14.55
GF Value