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: Indian Renewable Energy Development Agency Ltd (IREDA) is a public financial institution operating in the finance industry, focusing on renewable energy development.History:
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.
Financial Snapshot:
Most recent Net Sales: 1,905 Cr (Quarterly Results - Mar 2025)
Most recent Net Profit: 502 Cr (Quarterly Results - Mar 2025)
Market-cap value: Rs 46,996 Cr (Large Cap)
Key Metrics:
P/E: 28.00
Industry P/E: 23
Dividend Yield: 0.00%
Debt Equity: 5.85
Return on Equity: 18.19%
Price to Book: 5.08
Contact Details:
No Company Details Available
Registrar Address: Not available.
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