ScoreWhy is Indian Renewable Energy Development Agency Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 15.07%
2
Healthy long term growth as Net Sales has grown by an annual rate of 29.38% and Operating profit at 22.20%
3
The company has declared Positive results for the last 3 consecutive quarters
- NET SALES(9M) At Rs 6,362.80 cr has Grown at 21.59%
- PAT(9M) At Rs 1,627.12 cr has Grown at 23.77%
4
With ROE of 13.6, it has a Attractive valuation with a 2.6 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -23.14%, its profits have risen by 10.3% ; the PEG ratio of the company is 3.5
5
Despite the size of the company, domestic mutual funds hold only 0.48% 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
6
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -0.28% in the last 1 year, its fall in the stock was much higher with a return of -23.14%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Indian Renewable should be less than 10%
- Overall Portfolio exposure to Finance should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Finance)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Indian Renewable for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Renewable
-23.14%
-0.77
30.16%
Sensex
-6.17%
-0.47
13.26%
Management Risk
Growth
Capital StructureValuationValuation Key Factors 
Factor
Value
P/E Ratio
19
Industry P/E
21
Price to Book Value
2.60
EV to EBIT
15.66
EV to EBITDA
15.56
EV to Capital Employed
1.24
EV to Sales
13.59
PEG Ratio
3.47
Dividend Yield
0.47%
ROCE (Latest)
7.94%
ROE (Latest)
13.59%
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TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
NET SALES(9M)
At Rs 6,362.80 cr has Grown at 21.59%
PAT(9M)
At Rs 1,627.12 cr has Grown at 23.77%
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 2,175.33 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
At Rs 1,627.12 cr has Grown at 23.77%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 1,627.12 Cr
than preceding 12 month period ended Mar 2026 of Rs 1,561.56 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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