IND Renewable

Why is IND Renewable Energy Ltd falling/rising?

As of 18-Jul, IND Renewable Energy Ltd's stock price is rising to 12.60, reflecting a 3.87% increase over the past week and a 19.54% gain over the last month, significantly outperforming the Sensex. The stock is trading above all key moving averages, indicating a strong upward trend and increased investor interest.

As of 18-Jul, IND Renewable Energy Ltd's stock price is rising, currently at 12.60, with a change of 0.04 (0.32%) upward. The stock has shown strong performance over the past week, increasing by 3.87%, significantly outperforming the Sensex, which only rose by 0.75% during the same period. Over the last month, the stock has gained 19.54%, while the Sensex has only increased by 1.29%. <BR><BR>Additionally, the stock has been on a positive trajectory, gaining for the last two consecutive days and achieving a total return of 5% in that timeframe. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. <BR><BR>Investor participation has increased, with a delivery volume of 19.58k on 16 July, which is 15.7% higher than the 5-day average delivery volume, suggesting growing interest in the stock. Furthermore, the stock's liquidity is adequate for trading, as it meets the criteria based on the average traded value. All these factors contribute to the rising price of IND Renewable Energy Ltd.

Which are the latest news on IND Renewable?

How big is IND Renewable?

As of 10th June, IND Renewable Energy Ltd has a market capitalization of 15.00 Cr and reported net sales of 0.00 Cr with a net loss of 1.22 Cr over the latest four quarters. Shareholder's funds are 26.13 Cr, and total assets are valued at 26.70 Cr as of March 2024.

As of 10th June, <BR><BR>Market Cap: IND Renewable Energy Ltd has a market capitalization of 15.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period shows a loss of 1.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2024, with Shareholder's Funds amounting to 26.13 Cr and Total Assets valued at 26.70 Cr.

Who are in the management team of IND Renewable?

The management team of IND Renewable includes CEO Jitendra K Vakharia, Directors Varsha J Vakharia, Abhay Narain Gupta, and Neelam, Independent Directors Dinesh P Turakhia and Nitin Ishwarlal Parekh, and Company Secretaries Tejendra Jadeja and Abhishek Gour.

The management team of IND Renewable includes the following individuals:<BR><BR>1. **Jitendra K Vakharia** - CEO & Director<BR>2. **Varsha J Vakharia** - Director<BR>3. **Dinesh P Turakhia** - Independent Director<BR>4. **Nitin Ishwarlal Parekh** - Independent Director<BR>5. **Tejendra Jadeja** - Company Secretary<BR>6. **Abhishek Gour** - Company Secretary<BR>7. **Abhay Narain Gupta** - Director<BR>8. **Neelam** - Additional Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the IND Renewable?

IND Renewable's peers include Indowind Energy, Globus Power, Energy Devl.Co., Waa Solar, Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and SRM Energy Ltd. SRM Energy Ltd has the highest 1-year return at 47.24%, while Indowind Energy has the lowest at -59.41%, with IND Renewable's return at -13.46%.

Peers: The peers of IND Renewable are Indowind Energy, Globus Power, Energy Devl.Co., Waa Solar, Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and SRM Energy Ltd.<BR><BR>Quality Snapshot: Below Average management risk is observed at Indowind Energy, Globus Power, Energy Devl.Co., Waa Solar, Karma Energy Ltd, Gita Renewable, Advance Meter., and Veer Energy, while SRM Energy Ltd and IND Renewable do not qualify. Growth is rated as Good for Indowind Energy, Karma Energy Ltd, and Gita Renewable, while the rest have Below Average growth. Capital Structure is rated as Good for Karma Energy Ltd, while Indowind Energy, Globus Power, Energy Devl.Co., Waa Solar, Gita Renewable, Advance Meter., and Veer Energy have Below Average capital structure, and SRM Energy Ltd and IND Renewable do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SRM Energy Ltd at 47.24%, while the lowest is Indowind Energy at -59.41%. IND Renewable's 1-year return of -13.46% is better than Indowind Energy's but worse than SRM Energy Ltd's. Additionally, the six-month return is negative for Indowind Energy, Globus Power, Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and IND Renewable.

What does IND Renewable do?

IND Renewable Energy Ltd specializes in Roof Top Solar Plant operations within the Power industry and has a market cap of INR 15 Cr. As of March 2026, it reported a net profit of -1 Cr and has a P/E ratio of 303.00.

Overview:<BR>IND Renewable Energy Ltd is engaged primarily in the business of Roof Top Solar Plant and operates within the Power industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on September 9, 2011, originally as Vakharia Power Infrastructure Limited. It changed its name to IND Renewable Energy Limited on March 9, 2016. The latest quarterly results reported a net profit of -1 Cr for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 303.00<BR>Industry P/E: 32<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.02<BR>Return on Equity: -0.32%<BR>Price-to-Book: 0.60<BR><BR>Contact Details:<BR>Address: 67 Regent Chambers, 208 Nariman Point Mumbai Maharashtra : 400021<BR>Tel: 91-22-2204 9233/2788<BR>Email: info@vakharia.in<BR>Website: http://www.vakharia.in

When is the next results date for IND Renewable Energy Ltd?

The next results date for IND Renewable Energy Ltd is 26 May 2026.

The next results date for IND Renewable Energy Ltd is scheduled for 26 May 2026.

How has been the historical performance of IND Renewable?

IND Renewable has shown no revenue generation from March 2023 to March 2025, with net sales and total operating income consistently at 0.00 Cr. The company has faced negative operating profit and net profit, indicating ongoing financial challenges.

Answer:<BR>The historical performance of IND Renewable shows a consistent lack of revenue generation over the years, with net sales remaining at 0.00 Cr from March 2023 to March 2025. The total operating income also reflects this stagnation, remaining at 0.00 Cr during the same period. The company's expenditures have fluctuated, with total expenditure excluding depreciation reaching 0.13 Cr in March 2025, up from 0.06 Cr in March 2023. Operating profit has been negative, with an operating profit (PBDIT) of -0.07 Cr in March 2025, indicating a decline from a slight profit of 0.01 Cr in March 2024. The profit before tax has also been negative at -0.07 Cr in March 2025, compared to a profit of 0.01 Cr in March 2024. The net profit has shown a downward trend, recording -0.08 Cr in March 2025, down from a profit of 0.05 Cr in March 2024. <BR><BR>Breakdown:<BR>IND Renewable's financial performance over the years has been characterized by a lack of revenue, with net sales and total operating income consistently at 0.00 Cr from March 2023 to March 2025. The company's total expenditure has seen some increase, reaching 0.13 Cr in March 2025, while operating profit has remained negative, indicating ongoing operational challenges. The profit before tax has also been negative at -0.07 Cr in March 2025, reflecting a decline from the previous year. The net profit has followed a similar trend, with a recorded loss of -0.08 Cr in March 2025, contrasting with a profit of 0.05 Cr in March 2024. Overall, IND Renewable's financial metrics indicate significant difficulties in achieving profitability and revenue growth over the observed period.

Who are the top shareholders of the IND Renewable?

The top shareholders of IND Renewable include promoter Anupam N Gupta with 0.07% and public shareholder Lavanya Boddu with 3.32%. Individual investors hold a significant 86.72% of the shares, with no institutional holdings or pledged promoter shares.

The top shareholders of IND Renewable include Anupam N Gupta, who is the promoter with the highest holding at 0.07%. The highest public shareholder is Lavanya Boddu, holding 3.32%. Additionally, individual investors make up a significant portion of the ownership, holding 86.72% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

Is IND Renewable overvalued or undervalued?

As of March 14, 2024, IND Renewable is considered a risky investment due to its poor financial ratios, negative stock performance, and overvaluation compared to peers, indicating significant challenges in its market position.

As of 14 March 2024, IND Renewable's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued, with a PE ratio of -16.82, an EV to EBIT of -17.29, and a Price to Book Value of 0.65. These ratios suggest that the company's financial performance is underwhelming compared to its market valuation.<BR><BR>In comparison to peers, IND Renewable's valuation stands out unfavorably against Altius Telecom, which has a PE ratio of 52.97, and Embassy Off.REIT at 23.06. The negative returns year-to-date of -17.02% and over the past year of -20.50% further reinforce the notion that IND Renewable is struggling, especially when contrasted with the Sensex's positive return of 5.62% during the same period. Overall, the combination of poor financial ratios and negative stock performance leads to the conclusion that IND Renewable is overvalued in the current market environment.

What is the technical trend for IND Renewable?

As of June 2, 2025, IND Renewable's trend is mildly bearish, with mixed signals from MACD and Bollinger Bands across different time frames, indicating short-term strength not supported by longer-term indicators.

As of 2 June 2025, the technical trend for IND Renewable has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The Bollinger Bands are mildly bearish on both weekly and monthly charts, reinforcing the overall bearish sentiment. Daily moving averages also reflect a mildly bearish trend. The KST shows a mildly bullish signal weekly but bearish monthly, indicating potential short-term strength that is not supported by longer-term indicators. Dow Theory shows no clear trend in both weekly and monthly assessments. Overall, the current stance is mildly bearish, driven primarily by the mixed signals from MACD and Bollinger Bands.

Has IND Renewable declared dividend?

No Dividend History Available