Indian Renewable

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

As of 24-Jun, the stock price of Indian Renewable Energy Development Agency Ltd is at 127.70, showing a slight increase but a significant year-to-date decline of 8.72%. Despite strong fundamentals and increased investor interest, the stock's long-term performance and current underperformance against benchmarks suggest a cautious outlook.

As of 24-Jun, the stock price of Indian Renewable Energy Development Agency Ltd is currently at 127.70, reflecting a slight increase of 0.4 (0.31%). Despite this minor rise, the stock has shown a significant decline over the longer term, with a year-to-date decrease of 8.72% and a one-year drop of 23.14%. <BR><BR>In the short term, the stock has outperformed the benchmark Sensex over the past week, gaining 0.95% compared to the Sensex's decline of 0.21%. However, over the past month, the stock has underperformed, decreasing by 1.01% while the Sensex rose by 2.09%. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.74%. The moving averages reveal that while the stock is above the 20-day and 100-day moving averages, it is below the 5-day, 50-day, and 200-day moving averages, suggesting mixed signals regarding its short-term momentum. <BR><BR>Investor participation has increased, with a delivery volume of 4.51 lacs on June 23, which is up by 61.4% compared to the 5-day average, indicating growing interest among investors. Despite this, the stock's liquidity remains adequate for trading, with a value of Rs 1.97 crore based on 2% of the 5-day average traded value.<BR><BR>The company has demonstrated strong long-term fundamentals, with a healthy growth rate in net sales and operating profit, and has reported positive results for the last three consecutive quarters. However, the stock's significant decline over the past year, despite a rise in profits, suggests that market sentiment may be weighing heavily on its valuation, which is currently trading at a discount compared to its peers. <BR><BR>Overall, while there are positive indicators such as rising investor participation and strong fundamentals, the stock's long-term performance and current underperformance against benchmarks contribute to a cautious outlook.

Which are the latest news on Indian Renewable?

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

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 market cap of INR 34,259 Cr and a net profit of 493 Cr for the quarter ending March 2026. It has a P/E ratio of 18.00 and a dividend yield of 0.49%.

Overview:<BR>Indian Renewable Energy Development Agency Ltd (IREDA) is a public financial institution operating in the finance industry, categorized as a mid-cap company.<BR><BR>History:<BR>IREDA was incorporated on March 11, 1987, and received 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 profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 2,175 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 493 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 34,259 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 18.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.49% <BR>Debt Equity: 5.65 <BR>Return on Equity: 13.59% <BR>Price to Book: 2.50 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Indian Renewable?

As of 10th June, Indian Renewable Energy Development Agency Ltd has a market capitalization of 34,259.00 Cr, with recent net sales of 8,310.40 Cr and net profit of 1,874.00 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Indian Renewable Energy Development Agency Ltd has a market capitalization of 34,259.00 Cr, classifying it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 8,310.40 Cr, while the sum of Net Profit for the same period is 1,874.00 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 10,266.54 Cr, and Total Assets amount to 79,374.38 Cr.

Who are in the management team of Indian Renewable?

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

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>If you need more specific details about any of these individuals or their roles, feel free to ask!

Who are the peers of the Indian Renewable?

Peers of Indian Renewable include Power Fin. Corpn., I R F C, REC Ltd, HUDCO, CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, and Fusion Finance. Indian Renewable shows good growth and average management risk, with a 1-year return of -34.78%.

Peers: The peers of Indian Renewable are Power Fin.Corpn., I R F C, REC Ltd, HUDCO, CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, and Fusion Finance.<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 Fusion Finance. Good management risk is noted at CreditAcc. Gram., and Below Average management risk is seen at IFCI and Tour. Fin. Corp. In terms of Growth, Good growth is seen at Indian Renewable, while Average growth is found at Power Fin.Corpn., I R F C, REC Ltd, HUDCO, and CreditAcc. Gram. Below Average growth is noted at Muthoot Microfin, Fusion Finance, and IFCI. For Capital Structure, Excellent capital structure is observed at CreditAcc. Gram., while Good capital structure is found at REC Ltd and HUDCO, and Average capital structure is noted at Power Fin.Corpn., I R F C, Indian Renewable, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tour. Fin. Corp. at 61.69%, while I R F C has the lowest at -35.63%. Indian Renewable's 1-year return is -34.78%, which is slightly better than I R F C's. Additionally, peers with negative six-month returns include I R F C, HUDCO, and Fusion Finance.

Has Indian Renewable Energy Development Agency Ltd declared dividend?

Yes, Indian Renewable Energy Development Agency Ltd has declared a 6% dividend, with an ex-date of April 2, 2026. However, total returns over various periods have been negative, indicating poor price performance despite the dividend announcement.

Indian Renewable Energy Development Agency Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Ex-date: 02 Apr 26<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was -18.94%, the dividend return was 0.43%, resulting in a total return of -18.51%.<BR><BR>Over the last 6 months, the price return was -21.9%, the dividend return was 0.40%, leading to a total return of -21.5%.<BR><BR>For the past year, the price return was -29.4%, the dividend return was 0.37%, culminating in a total return of -29.03%.<BR><BR>In the 2-year period, the price return was -16.02%, the dividend return was 0.34%, resulting in a total return of -15.68%.<BR><BR>Over the last 3 years, both the price return and dividend return were 0%, leading to a total return of 0.0%.<BR><BR>In the 4-year period, the price return and dividend return remained at 0%, resulting in a total return of 0.0%.<BR><BR>For the past 5 years, there was no change in price or dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, while the company has declared a dividend, the total returns over various periods have been negative, indicating a challenging performance in terms of price appreciation despite the dividend announcement.

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.

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.

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.

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.

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%.

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.