Why is Indian Renewable Energy Development Agency Ltd ?
1
Despite the size of the company, domestic mutual funds hold only 0.77% 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
2
Below par performance in long term as well as near term
- Along with generating -39.60% 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?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Renewable
-39.53%
-1.04
38.00%
Sensex
4.74%
0.41
11.83%
Valuation Key Factors 
Factor
Value
P/E Ratio
22
Industry P/E
23
Price to Book Value
2.97
EV to EBIT
16.00
EV to EBITDA
15.90
EV to Capital Employed
1.31
EV to Sales
14.12
PEG Ratio
0.75
Dividend Yield
NA
ROCE (Latest)
8.20%
ROE (Latest)
13.33%
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Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
16What is working for the Company
NET SALES(Q)
Highest at Rs 2,057.28 cr
PAT(Q)
At Rs 549.33 cr has Grown at 40.7% (vs previous 4Q average
DEBT-EQUITY RATIO(HY)
Lowest at 5.41 times
PBDIT(Q)
Highest at Rs 1,919.23 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 93.29%
PBT LESS OI(Q)
Highest at Rs 695.82 cr.
EPS(Q)
Highest at Rs 1.96
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Indian Renewable
Net Sales - Quarterly
Highest at Rs 2,057.28 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 695.82 cr has Grown at 45.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 477.19 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 549.33 cr has Grown at 40.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 390.45 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,919.23 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 93.29%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 695.82 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 549.33 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 1.96
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Debt-Equity Ratio - Half Yearly
Lowest at 5.41 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio






