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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Limited

NSE: IREDA
Credit ServicesFinancial ServicesLARGE CAPMCap ₹30.56k Cr
₹108.80₹0.54 (+0.50%)

Market Closed • NSE

Market cap₹30.56k Cr
Enterprise value₹106.84k Cr
P/E TTM15.48
Forward P/E11.05
P/B2.22
EPS TTM₹7.03
Forward EPS₹9.85
D/E5.66
Dividend yield0.01%
52W high₹156.75
52W low₹103.41
Price chart(1Y)
1Y Return:-10.91% (₹13.33)
H: ₹133.19L: ₹103.41
1W+4.02%
1M-0.17%
3M-10.19%
6M-20.88%
1Y-27.97%
Today at a glance

Day range

₹107.26₹109.20

52 week range

₹103.41₹156.75
Volume2.57M0.51x 20D avg
Free float50.00%-49.10% volume

Indian Renewable Energy Development Agency Limited closed at INR108.80 (+0.5%) on volume 0.51x its 20-day average, trading 30.59% below its 52-week high.

Technical analysis
RSI (14)46.7Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹2.67Moderate
SMA 20₹109.52BEARISH
SMA 50₹112.71BEARISH
SMA 100₹118.29BEARISH
SMA 200₹123.00BEARISH
CPR bottom₹108.52
Pivot₹108.43
CPR top₹108.35
What changed recently?

2026-09-11

DIVIDEND Announced

Dividend - Re 0.75 Per Share

2026-04-02

DIVIDEND Announced

Interim Dividend - Re 0.60 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹74.59k Cr₹30.56k Cr244.04%≤ 33%FAIL
Non-halal income ratio–₹8.24k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹93.76k Cr₹93.81k Cr99.95%≥ 20%PASS
Receivables ratio–₹93.81k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.4816.50
Forward P/E11.05—
P/B2.221.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield6.506.10
Growth & profitability
RevenuePAT
FY24PAT margin 25.90%
FY25PAT margin 25.50%
FY26PAT margin 22.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+46.60%
Revenue CAGR 5Y+11.20%
PAT CAGR 3Y—
PAT CAGR 5Y+8.40%
Operating margin85.36%
Net margin69.25%
Financial health & cash flow
Net debt₹74.54k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT-8.10x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-1447658.0 Lakh
Capital expenditure–
Free cash flow₹-1449201.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall43/100
Valuation60/100
Profitability50/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 15.5x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 5.66x

Bull case

Market Leadership: Established operational scale in Credit Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
11 Sept 2026Dividend₹0.75 / share—11 Sept 2026
02 Apr 2026Dividend₹0.60 / share—02 Apr 2026
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)35.26%-4.02% latest vs average
Highest delivery55.99%on 18 Sept
Average volume (20D)5.06MTrading-session average
Conviction trendWeakening-4.02% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Indian Renewable Energy Development Agency Limited
Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.

IndiaFinancial Services

Questions investors ask
Is Indian Renewable Energy Development Agency Limited Shariah compliant?

Indian Renewable Energy Development Agency Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (244.04%) exceeds AAOIFI threshold (≤ 33%).

What is Indian Renewable Energy Development Agency Limited's current valuation relative to peers?

Indian Renewable Energy Development Agency Limited trades at a P/E of 15.5x compared to the sector median of 16.5x, and a Price-to-Book of 2.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 5.66x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 11.2% while net profit growth averaged 8.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.