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Indian Renewable Energy Development Agency Ltd

IREDA
FinancialsSpecialized Finance
MidcapWith a market cap of ₹53,723 cr, stock is ranked 159
High RiskStock is 4.01x as volatile as Nifty
205.015.13 (+2.57%)

Price Chart

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Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsSpecialized Finance
MidcapWith a market cap of ₹53,723 cr, stock is ranked 159
High RiskStock is 4.01x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
35.02
PB RatioPB Ratio
6.28
Dividend YieldDiv. Yield
Sector PESector PE
16.38
Sector PBSector PB
2.28
Sector Div YldSctr Div Yld
1.06%

Forecast & RatingsDetailed Forecast 

50%

Analysts have suggested that investors can buy this stock

Price

Price Upside

Pro Only

Earnings

Earnings Growth

Pro Only

Revenue

Rev. Growth

Pro Only

See Detailed Forecast

Company Profile

Indian Renewable Energy Development Agency Ltd is a non-banking financial company focused on financing renewable energy projects and energy efficiency initiatives across various sectors.

Financial TrendFinancial statements 

20212022202320242.662.873.484.970.350.630.861.25
Revenue
Profit
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent NewsAll news 

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Recent EventsAll events 

Certificate under SEBI (Depositories and Participants) Regulations, 2018 
Announced OnJan 13, 2025

Indian Renewable Energy Development Agency Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | Download

Indian Renewable Energy Development Agency Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | Download

Copy of Newspaper Publication 
Announced OnJan 10, 2025

Newspaper Clippings- Financial Results for the Quarter and Nine Months Ended on December 31, 2024 | Download

Newspaper Clippings- Financial Results for the Quarter and Nine Months Ended on December 31, 2024 | Download

Updates 
Announced OnJan 9, 2025

Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'IREDA has informed the exchange about the quarter and nine months ended 31.12.2024'. | Download

Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'IREDA has informed the exchange about the quarter and nine months ended 31.12.2024'. | Download

See all events