Why is Indian Renewable Energy Development Agency Ltd ?
1
Flat results in Jun 26
- PBT LESS OI(Q) At Rs 412.60 cr has Fallen at -28.5% (vs previous 4Q average)
- PAT(Q) At Rs 338.53 cr has Fallen at -27.7% (vs previous 4Q average)
2
Despite the size of the company, domestic mutual funds hold only 0.41% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
3
Below par performance in long term as well as near term
- Along with generating -16.78% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Finance)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indian Renewable for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Renewable
-16.88%
-0.56
29.98%
Sensex
-2.61%
-0.19
13.57%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
21
Price to Book Value
2.47
EV to EBIT
14.90
EV to EBITDA
14.82
EV to Capital Employed
1.22
EV to Sales
12.91
PEG Ratio
0.67
Dividend Yield
0.49%
ROCE (Latest)
7.94%
ROE (Latest)
13.59%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Bullish
Technical Movement
4What is working for the Company
PAT(9M)
At Rs 1,416.32 cr has Grown at 20.66%
NET SALES(Q)
Highest at Rs 2,249.45 cr
-6What is not working for the Company
PBT LESS OI(Q)
At Rs 412.60 cr has Fallen at -28.5% (vs previous 4Q average
PAT(Q)
At Rs 338.53 cr has Fallen at -27.7% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Indian Renewable
Net Sales - Quarterly
Highest at Rs 2,249.45 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for Indian Renewable
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 412.60 cr has Fallen at -28.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 577.27 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 338.53 cr has Fallen at -27.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 468.50 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)






