Indian Renewable

how big is Indian Renewable?

As of Jun 06, the Indian Renewable Energy Development Agency Ltd has a market capitalization of 46,727.00 Cr, with recent net sales of 4,994.77 Cr and net profit of 1,264.32 Cr. Shareholder's funds are valued at 2,995.60 Cr, and total assets amount to 30,082.40 Cr.

Market Cap: As of Jun 06, the Indian Renewable Energy Development Agency Ltd has a market capitalization of 46,727.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: For the latest three quarters, the company reported a sum of Net Sales of 4,994.77 Cr and a sum of Net Profit of 1,264.32 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the reporting period of Mar'21. The Shareholder's Funds are valued at 2,995.60 Cr, while the Total Assets amount to 30,082.40 Cr.

What does Indian Renewable do?

Indian Renewable Energy Development Agency Ltd (IREDA) is a public financial institution focused on financing renewable energy projects in India, with a recent net sales of ₹1,905 Cr and a net profit of ₹502 Cr as of March 2025. It has a market capitalization of ₹46,996 Cr and key metrics include a P/E ratio of 28.00 and a return on equity of 18.19%.

Overview: <BR>Indian Renewable Energy Development Agency Ltd (IREDA) is a public financial institution operating in the finance industry, focusing on renewable energy development.<BR><BR>History: <BR>IREDA was incorporated on March 11, 1987, and obtained its Certificate of Commencement of Business on March 21, 1987. It was notified as a Public Financial Institution on October 17, 1995, by the Department of Company Affairs, Ministry of Finance, Government of India. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,905 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 502 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 46,996 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 28.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 5.85 <BR>Return on Equity: 18.19% <BR>Price to Book: 5.08 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are in the management team of Indian Renewable?

As of March 2023, the management team of Indian Renewable includes Pradeep Kumar Das (Chairman & Managing Director), Ajay Yadav and Padam Lal (Govt Nominees), and several Independent Directors: Shabdsharan N. Brahmbhatt, Jaganath C. M. Jodidhar, Ram Nihal, and Rohini Rawat, along with Ekta Madan (Company Secretary & Compliance Officer).

As of March 2023, the management team of Indian Renewable includes the following members:<BR><BR>1. Pradeep Kumar Das - Chairman & Managing Director<BR>2. Ajay Yadav - Nominee (Govt)<BR>3. Padam Lal - Nominee (Govt)<BR>4. Shabdsharan N. Brahmbhatt - Independent Director<BR>5. Jaganath C. M. Jodidhar - Independent Director<BR>6. Ram Nihal - Independent Director<BR>7. Rohini Rawat - Independent Director<BR>8. Ekta Madan - Company Secretary & Compliance Officer<BR><BR>Each member brings a unique perspective to the board, contributing to the governance and strategic direction of the company.

Has Indian Renewable declared dividend?

No Dividend History Available

Who are the peers of the Indian Renewable?

Peers of Indian Renewable include I R F C, Power Fin. Corpn., REC Ltd, HUDCO, and others, with varying management and growth risks. Indian Renewable's 1-year return is -10.01%, better than Spandana Sphoort's -66.08% but worse than IFCI's 8.75%.

Peers: The peers of Indian Renewable are I R F C, Power Fin.Corpn., REC Ltd, HUDCO, CreditAcc. Gram., IFCI, Muthoot Microfin, Tour. Fin. Corp., Spandana Sphoort, and Satin Creditcare.<BR><BR>Quality Snapshot: Excellent management risk is observed at Power Fin.Corpn. and REC Ltd, while Average management risk is found at I R F C, HUDCO, Indian Renewable, Muthoot Microfin, and Spandana Sphoort. Good management risk is noted at CreditAcc. Gram., while Below Average management risk is present at IFCI and Tour. Fin. Corp. Growth is Excellent at Indian Renewable, Average at I R F C, Power Fin.Corpn., REC Ltd, and Muthoot Microfin, while Below Average growth is seen at HUDCO, IFCI, Tour. Fin. Corp., and Spandana Sphoort. Good growth is reported at CreditAcc. Gram., while the rest have Below Average growth. Capital Structure is Excellent at HUDCO, IFCI, Muthoot Microfin, and Spandana Sphoort, Good at Indian Renewable and REC Ltd, and Average at I R F C, Power Fin.Corpn., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IFCI at 8.75%, while the peer with the lowest is Spandana Sphoort at -66.08%. Indian Renewable's 1-year return is -10.01%, which is better than Spandana Sphoort but worse than IFCI. Additionally, peers such as Muthoot Microfin, Spandana Sphoort, and Satin Creditcare have negative six-month returns.

When is the next results date for Indian Renewable?

The next results date for Indian Renewable is July 10, 2025.

The next results date for Indian Renewable is scheduled for July 10, 2025.

Who are the top shareholders of the Indian Renewable?

The top shareholder of Indian Renewable is the President of India, holding 71.76%. Other significant shareholders include Life Insurance Corporation of India at 2.21% and individual investors with a combined 20.62%.

The top shareholders of Indian Renewable include the President of India, through the Secretary of the Ministry of New and Renewable Energy, who holds the largest stake at 71.76%. Other significant shareholders include Life Insurance Corporation of India, which holds 2.21%, and individual investors collectively owning 20.62%. Additionally, the company has 19 mutual fund schemes holding a total of 0.23% and 108 foreign institutional investors (FIIs) with a combined holding of 3.26%.

How has been the historical performance of Indian Renewable?

Indian Renewable's financial performance from March 2024 to March 2025 showed significant growth, with net sales rising to 6,743.32 crore and profit after tax increasing to 1,698.34 crore. Despite challenges in cash flow, total assets and operating profit also saw substantial increases.

Answer:<BR>The historical performance of Indian Renewable shows significant growth in various financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Indian Renewable reported net sales of 6,743.32 crore, a notable increase from 4,963.93 crore in the previous year. The total operating income mirrored this growth, reaching 6,743.32 crore, while total expenditure, excluding depreciation, rose sharply to 472.23 crore from 85.59 crore. The operating profit, excluding other income, increased to 6,271.09 crore, up from 4,878.34 crore, leading to an operating profit margin of 93.81%. Profit before tax also saw an increase to 2,103.54 crore from 1,685.25 crore, resulting in a profit after tax of 1,698.34 crore, compared to 1,252.24 crore in the prior year. The earnings per share rose to 6.32 from 4.66, and the consolidated net profit increased to 1,698.34 crore from 1,252.24 crore. On the balance sheet, total assets grew to 79,374.38 crore from 62,311.00 crore, with total liabilities also increasing to 79,374.38 crore from 62,311.00 crore. Cash flow from operating activities showed a negative trend, amounting to -14,459.00 crore, while cash flow from financing activities improved to 14,960.00 crore from 11,058.00 crore. Overall, the financial performance of Indian Renewable reflects a robust growth trajectory in revenue and profit, despite challenges in cash flow management.

Is Indian Renewable technically bullish or bearish?

As of December 2, 2025, the technical trend is bearish with moderate strength, driven by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST, indicating significant underperformance compared to the Sensex.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages, which are bearish, and the Bollinger Bands on a monthly basis, which are also bearish. The weekly MACD and KST show mildly bullish signals, but these are overshadowed by the overall bearish trend indicated by the Dow Theory and the daily moving averages. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.

Is Indian Renewable overvalued or undervalued?

As of December 3, 2025, Indian Renewable is considered undervalued with a favorable outlook, reflected in its PE ratio of 22.31, EV to EBITDA of 15.91, and PEG ratio of 0.75, especially when compared to peers like Bajaj Finance and Life Insurance, despite its recent underperformance against the Sensex.

As of 3 December 2025, the valuation grade for Indian Renewable has moved from fair to attractive, indicating a more favorable outlook. The company is currently assessed as undervalued, supported by a PE ratio of 22.31, an EV to EBITDA of 15.91, and a PEG ratio of 0.75. These ratios suggest that the stock is trading at a reasonable price relative to its earnings growth potential.<BR><BR>In comparison to its peers, Indian Renewable's PE ratio is significantly lower than Bajaj Finance, which is rated as very expensive with a PE of 34.68, while Life Insurance is rated very attractive with a PE of 10.75. This peer comparison reinforces the notion that Indian Renewable is undervalued within its sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -36.39% compared to the Sensex's 8.92%, further highlighting the potential for recovery and value realization.

Are Indian Renewable Energy Development Agency Ltd latest results good or bad?

Indian Renewable Energy Development Agency Ltd (IREDA) reported strong operational results with a 37.56% year-on-year increase in net profit and a high operating margin of 91.98%. However, the stock has declined 36.50% over the past year, leading to a mixed outlook for investors.

The latest results for Indian Renewable Energy Development Agency Ltd (IREDA) are quite strong in terms of operational performance, showcasing consistent growth. In Q3 FY26, the company reported a net profit of ₹585.16 crore, which is a significant increase of 37.56% year-on-year and a 6.52% rise from the previous quarter. Additionally, interest income rose to ₹2,130.19 crore, reflecting a robust year-on-year growth of 25.42%.<BR><BR>The company has also demonstrated impressive operational efficiency, with a high operating margin of 91.98% and a profit after tax (PAT) margin of 27.59%, up from 25.51% in the same quarter last year. This indicates that IREDA is effectively managing its costs while capitalizing on the growing demand for renewable energy financing in India.<BR><BR>However, despite these positive financial metrics, the stock has faced significant challenges, declining 36.50% over the past year. This underperformance raises concerns about market sentiment and the sustainability of its valuation, especially given that the stock is currently trading below all major moving averages, indicating bearish technical trends.<BR><BR>In summary, while IREDA's operational results are good, reflecting strong growth and efficiency, the stock's performance has been disappointing, leading to a mixed outlook. Investors may need to weigh the strong fundamentals against the stock's recent volatility and market concerns.

Should I buy, sell or hold Indian Renewable Energy Development Agency Ltd?

Why is Indian Renewable Energy Development Agency Ltd falling/rising?

As of 16-Mar, the stock price of Indian Renewable Energy Development Agency Ltd is slightly rising at 115.15, but it has a year-to-date decline of 17.69% and is trading below its moving averages, indicating a bearish trend. Despite strong long-term fundamentals, investor confidence appears low, as reflected by minimal mutual fund holdings and negative returns over the past year.

As of 16-Mar, the stock price of Indian Renewable Energy Development Agency Ltd is experiencing a slight rise, currently at 115.15, with a change of 0.3 (0.26%). This increase comes despite the stock's overall underperformance in the longer term, as evidenced by its year-to-date decline of 17.69% compared to the Sensex's decline of 11.40%. <BR><BR>The stock has been trading lower than its moving averages across various time frames, indicating a bearish trend. Additionally, it is close to its 52-week low, just 2.95% away from Rs 111.75. The stock has also underperformed its sector by 0.53% today. However, there is a notable increase in investor participation, with delivery volume rising by 23.09% against the 5-day average, suggesting some renewed interest from investors.<BR><BR>While the company shows strong long-term fundamental strength, with a compound annual growth rate (CAGR) of 26.47% in operating profits and a healthy growth in net sales, the overall sentiment remains cautious. The low stake held by domestic mutual funds at only 0.42% may indicate a lack of confidence in the stock's current valuation. Furthermore, the stock has generated negative returns over the past year and has underperformed the broader market indices, contributing to a bearish outlook despite the recent minor uptick in price.

Which are the latest news on Indian Renewable?