Indian Renewable Energy Development Agency Limited IREDA NIFTY_MIDNSEFINANCIAL
Company Overview
Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation; and environmental technologies for sustainable development. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.
Why Investors Should Care
Net profit has compounded at 29.4% per year over the last five years.
Revenue has grown at a 35.1% CAGR over the past five years.
Trades at a P/E of 14.6, below the sector median of 15.2.
Maintains a net profit margin of 69.3%.
Recent Developments
- Mar 2026 Revenue of ₹8,239.29 Cr (+23.5% YoY); net profit ₹1,874.00 Cr.
- Trailing 12 Months Year-on-year growth — revenue +23.7%, earnings +33.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 35.1%, profit CAGR 29.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 35.08% |
| 1 Year: | 23.70% |
Compounded Profit Growth
| 5 Years: | 29.41% |
| 1 Year: | 33.00% |
Stock Price Performance
| 1 Year: | -28.15% |
| 6 Months: | -25.18% |
| 3 Months: | -14.26% |
| 1 Month: | -6.93% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)33.83 · Neutral
P/E of 14.60 is below the sector median of 15.25 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 69.3%.
- Compounding revenue at 35.1% over 5 years.
- Profit CAGR of 29.4% over 5 years.
CONS
- Trading 35.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | IREDA Indian Renewable Energy Development Agency Limited NIFTY_MIDNSEFINANCIAL | 102.61 | 14.60 | ₹28,825.52 Cr | 1.45% | 3.30% | 13.59% | 35.08% | 29.41% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 694.05 | 15.17 | ₹10.70 L Cr | 1.88% | - | 13.84% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,398.50 | 18.08 | ₹10.04 L Cr | 0.89% | - | 16.07% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 970.00 | 10.40 | ₹8.95 L Cr | 1.82% | - | 15.18% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 942.10 | 28.93 | ₹5.87 L Cr | 0.56% | - | 16.68% | 22.58% | 18.23% |
| 6 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 437.00 | 21.42 | ₹4.35 L Cr | 0.15% | - | 10.64% | 13.48% | 8.92% |
| 7 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,212.00 | 13.63 | ₹3.77 L Cr | 0.08% | - | 13.35% | 12.16% | 34.61% |
| 8 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,678.00 | 26.64 | ₹2.69 L Cr | 0.07% | - | 12.58% | 22.92% | 15.16% |
| 9 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 387.50 | 8.16 | ₹2.45 L Cr | 2.59% | - | 32.53% | 7.26% | 16.86% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,391.00 Cr | 1,510.00 Cr | - | 1,670.91 Cr | 1,890.61 Cr | 1,924.44 Cr | 2,057.00 Cr | 2,121.38 Cr | 2,150.85 Cr | 2,236.26 Cr |
| Cost of Revenue | - | - | - | 1,051.72 Cr | 1,125.18 Cr | 1,239.50 Cr | - | 1,261.59 Cr | 1,270.22 Cr | 1,373.83 Cr |
| Gross Profit | - | - | - | 619.19 Cr | 765.43 Cr | 684.94 Cr | - | 859.79 Cr | 880.63 Cr | 862.43 Cr |
| Operating Expenses | 56.00 Cr | 51.00 Cr | - | 1.39 Cr | 20.83 Cr | 22.95 Cr | 138.00 Cr | 43.34 Cr | 32.57 Cr | 27.33 Cr |
| Operating Income | - | - | - | 617.80 Cr | 744.60 Cr | 661.99 Cr | - | 816.45 Cr | 848.06 Cr | 835.10 Cr |
| EBITDA | - | - | - | 627.82 Cr | 755.39 Cr | 671.95 Cr | - | 827.40 Cr | 860.60 Cr | 845.04 Cr |
| Interest Expense | 847.00 Cr | 975.00 Cr | - | - | - | - | 1,213.00 Cr | - | - | - |
| Pretax Income | 480.00 Cr | 476.00 Cr | - | 538.20 Cr | 629.73 Cr | 304.84 Cr | 696.00 Cr | 717.20 Cr | 619.14 Cr | 413.75 Cr |
| Tax Provision | 144.00 Cr | 90.44 Cr | - | 112.82 Cr | 128.18 Cr | 57.96 Cr | 146.16 Cr | 132.03 Cr | 126.51 Cr | 75.22 Cr |
| Net Income | 337.00 Cr | 384.00 Cr | - | 425.38 Cr | 501.55 Cr | 246.88 Cr | 549.00 Cr | 585.16 Cr | 492.63 Cr | 338.53 Cr |
| Diluted EPS | 1.26 | 1.43 | - | 1.58 | 1.87 | 0.91 | 1.96 | 2.09 | 1.76 | 1.21 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,331.00 Cr | 1,810.00 Cr | 2,020.00 Cr | 2,369.00 Cr | 2,614.00 Cr | - | 3,342.87 Cr | 4,838.10 Cr | 6,672.01 Cr | 8,239.29 Cr |
| Cost of Revenue | - | - | - | - | - | - | 1,242.34 Cr | 2,086.36 Cr | 4,222.71 Cr | 5,010.23 Cr |
| Gross Profit | - | - | - | - | - | - | 2,100.53 Cr | 2,751.74 Cr | 2,449.30 Cr | 3,229.06 Cr |
| Operating Expenses | 194.00 Cr | 240.00 Cr | 431.00 Cr | 649.00 Cr | 496.00 Cr | - | 104.85 Cr | 141.07 Cr | 92.42 Cr | 130.68 Cr |
| Operating Income | - | - | - | - | - | - | 1,995.68 Cr | 2,610.67 Cr | 2,356.88 Cr | 3,098.38 Cr |
| EBITDA | - | - | - | - | - | - | 2,060.62 Cr | 2,851.32 Cr | 2,395.75 Cr | 3,142.27 Cr |
| Interest Expense | 810.00 Cr | 1,006.00 Cr | 1,183.00 Cr | 1,459.00 Cr | 1,570.00 Cr | 880.95 Cr | 897.87 Cr | 1,135.72 Cr | 1,896.38 Cr | - |
| Pretax Income | 313.00 Cr | 549.00 Cr | 311.00 Cr | 241.00 Cr | 570.00 Cr | - | 1,139.25 Cr | 1,685.25 Cr | 2,103.54 Cr | 2,337.58 Cr |
| Tax Provision | 103.29 Cr | 142.74 Cr | 62.20 Cr | 26.51 Cr | 222.30 Cr | - | 274.62 Cr | 433.01 Cr | 405.20 Cr | 463.58 Cr |
| Net Income | 210.00 Cr | 405.00 Cr | 250.00 Cr | 215.00 Cr | 346.00 Cr | - | 864.63 Cr | 1,252.24 Cr | 1,698.34 Cr | 1,874.00 Cr |
| Diluted EPS | 267.74 | 5.17 | 3.18 | 2.74 | 4.41 | - | 3.22 | 5.16 | 6.32 | 6.73 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 18,797.00 Cr | 20,368.00 Cr | 24,518.00 Cr | 27,652.00 Cr | 30,293.00 Cr | - | 50,447.00 Cr | 62,600.45 Cr | 79,734.95 Cr | 93,807.87 Cr |
| Current Assets | - | - | - | - | - | - | 8,631.58 Cr | 9,644.67 Cr | 14,111.79 Cr | 91,062.87 Cr |
| Cash & Equivalents | - | - | - | - | - | - | 138.45 Cr | 74.21 Cr | 57.29 Cr | 47.69 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | 4.91 Cr | 4.42 Cr | 3.17 Cr | 3.15 Cr |
| Total Liabilities | - | - | - | - | - | - | 44,511.83 Cr | 54,041.03 Cr | 69,468.41 Cr | 80,022.45 Cr |
| Current Liabilities | - | - | - | - | - | - | 9,676.49 Cr | 9,805.33 Cr | 13,907.64 Cr | 4.51 Cr |
| Long Term Debt | - | - | - | - | - | - | 31,647.55 Cr | 40,994.01 Cr | 52,282.47 Cr | 74,588.29 Cr |
| Total Debt | - | - | - | - | - | - | 40,165.28 Cr | 49,686.88 Cr | 64,740.31 Cr | 74,588.29 Cr |
| Total Equity | 2,428.00 Cr | 2,446.00 Cr | 2,585.00 Cr | 2,522.00 Cr | 2,996.00 Cr | - | 5,935.17 Cr | 8,559.42 Cr | 10,266.54 Cr | 13,785.42 Cr |
| Shares Outstanding | - | - | - | - | - | - | 268.78 Cr | 268.78 Cr | 268.78 Cr | 280.92 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1,282.00 Cr | -1,846.00 Cr | -5,018.00 Cr | -1,709.00 Cr | -3,206.00 Cr | - | -12,343.16 Cr | -11,099.64 Cr | -14,459.68 Cr | -14,476.58 Cr |
| Investing Cash Flow | -282.00 Cr | -53.00 Cr | -37.00 Cr | -0 | -2.00 Cr | - | -17.21 Cr | -23.16 Cr | -517.65 Cr | -280.86 Cr |
| Financing Cash Flow | 2,644.00 Cr | 1,701.00 Cr | 3,736.00 Cr | 2,141.00 Cr | 2,441.00 Cr | - | 12,367.64 Cr | 11,058.55 Cr | 14,960.41 Cr | 14,747.84 Cr |
| Capital Expenditure | -295.00 Cr | -27.00 Cr | -37.00 Cr | -1.00 Cr | -3.00 Cr | - | -17.31 Cr | -23.31 Cr | -27.58 Cr | -15.43 Cr |
| Free Cash Flow | -1,577.00 Cr | -1,873.00 Cr | -5,055.00 Cr | -1,710.00 Cr | -3,209.00 Cr | - | -12,360.47 Cr | -11,122.95 Cr | -14,487.26 Cr | -14,492.01 Cr |
| Net Change in Cash | 1,081.00 Cr | -198.00 Cr | -1,319.00 Cr | 431.00 Cr | -767.00 Cr | - | 7.28 Cr | -64.25 Cr | -16.92 Cr | -9.60 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 62.8% | 56.9% | 36.7% | 39.2% |
| Operating Margin % | - | - | - | - | - | - | 59.7% | 54.0% | 35.3% | 37.6% |
| Net Margin % | 15.8% | 22.4% | 12.4% | 9.1% | 13.2% | - | 25.9% | 25.9% | 25.5% | 22.7% |
| ROE % | 8.6% | 16.6% | 9.7% | 8.5% | 11.5% | - | 14.6% | 14.6% | 16.5% | 13.6% |
| ROCE % | - | - | - | - | - | - | 4.9% | 4.9% | 3.6% | 3.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for IREDA
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IREDA — Frequently Asked Questions
What is the current share price of Indian Renewable Energy Development Agency Limited (IREDA)?
As of 2026-10-24 04:55 IST, Indian Renewable Energy Development Agency Limited (IREDA) trades at ₹102.61 on NSE. Its 52-week range is ₹102.61 to ₹160.02.
What is the market capitalisation of IREDA?
Indian Renewable Energy Development Agency Limited (IREDA) has a market capitalisation of ₹28,825.52 Cr on NSE.
What is the P/E ratio of IREDA?
IREDA trades at a trailing price-to-earnings (P/E) ratio of 14.60. The industry average P/E is 15.25. Its price-to-book (P/B) ratio is 2.13.
Does IREDA pay a dividend?
Indian Renewable Energy Development Agency Limited (IREDA) currently offers a dividend yield of 1.45%.
What is the return on equity (ROE) of IREDA?
IREDA has a return on equity (ROE) of 13.59%. Its return on capital employed (ROCE) is 3.30%.
Is IREDA a good stock to buy?
This page provides a data-driven analysis of Indian Renewable Energy Development Agency Limited (IREDA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.