Indian Renewable Energy Development Agency Ltd

₹111.2▼ -3.26%29 Sept

📊 Stock Analysis

Market Data

Market Cap₹31,238.65 Cr.

52W High₹158.75

Current Price₹111.2

52W Low₹107.4

Down from 52W High30 %

Face Value₹10

Performance

ROCE8.16 %

ROE14.26 %

EPS (TTM)₹1.21

EPS Prev Qtr₹1.76

EPS Last Year₹1.97

EBITDA Qtr₹412.6 Cr.

Book Value₹49

Financial Health

Debt/Equity5.65

Debt/Profit39.6

Total Assets₹93,807.87 Cr.

Dividend Yield1.21 %

Promoter Holding71.76 %

Earning Power2.59 %

Valuation

Stock P/E15.82

Industry P/E18.07

Price to Book2.27

Price to Sales3.63

Graham Number₹88.03

Key Metrics

Capital Adequacy %

20.28%

Debt/Equity

5.59

__derived

Dividend/Share

₹0.6

Face Value

₹10

Gross NPA %

3.75%

Net NPA %

1.22%

NIM %

3.75%

Provision Coverage %

68.22%

About Indian Renewable Energy Development Agency Ltd

Financial Services · Finance

Indian Renewable Energy Development Agency Ltd is listed on NSE in the Financial Services / Finance sector. Face value ₹10. Market cap ₹31,238.65 Cr.

Price Chart

Peer Comparison

Name	CMP	P/E	Market Cap	Div Yield	NP Qtr	Qtr Profit Var%	Sales Qtr	Qtr Sales Var%	ROCE%	Debt/Eq
Bajaj Finance Ltd	-	29.81	₹6,06,096.65 Cr	0.62%	₹20,647.67 Cr	-	₹85,963.63 Cr	-	10.43%	3.82
Bajaj Finserv Ltd	-	27.44	₹2,79,295.97 Cr	0.09%	₹20,636.97 Cr	-	₹1,57,641.68 Cr	-	11.43%	5.5
Shriram Finance Ltd	-	17.17	₹2,28,938.64 Cr	1.11%	₹11,295.71 Cr	-	₹49,997.06 Cr	-	11.48%	3.8
ICICI Prudential Asset Management Co Ltd	-	32.07	₹1,60,021.14 Cr	-	₹3,485.73 Cr	-	₹6,040.44 Cr	-	111.52%	0
Jio Financial Services Ltd	-	67.67	₹1,43,882.46 Cr	0.28%	₹2,066.49 Cr	-	₹4,905.27 Cr	-	2.33%	0.17
Tata Capital Ltd	-	25.68	₹1,40,526.39 Cr	0.17%	₹5,478.16 Cr	-	₹32,695.45 Cr	-	8.42%	5.28
Cholamandalam Investment & Finance Company Ltd	-	24.05	₹1,39,099.51 Cr	0.12%	₹5,751 Cr	-	₹32,662.59 Cr	-	9.35%	6.93
Bajaj Holdings & Investment Ltd	-	13.4	₹1,18,683.4 Cr	1.83%	₹8,993.16 Cr	-	₹1,139.25 Cr	-	12.4%	0
Muthoot Finance Ltd	-	9.7	₹1,10,363.68 Cr	1.09%	₹11,457.46 Cr	-	₹33,430.7 Cr	-	14.43%	3.88
Power Finance Corporation Ltd	-	4.12	₹1,07,187.31 Cr	5.71%	₹33,641.82 Cr	-	₹1,15,431.43 Cr	-	9.81%	7.62
SBI Funds Management Ltd	-	-	₹1,05,477.12 Cr	-	-	-	-	-	-	0
Aditya Birla Capital Ltd	-	24.9	₹1,03,558.06 Cr	-	₹4,118.85 Cr	-	₹48,185.84 Cr	-	8.39%	5.2
Indian Railway Finance Corporation Ltd	-	14.18	₹1,01,934.35 Cr	1.35%	₹7,190.69 Cr	-	₹28,630.42 Cr	-	5.78%	7.69
HDFC Asset Management Company Ltd	-	26.29	₹96,489.85 Cr	2.4%	₹2,947.64 Cr	-	₹4,253.73 Cr	-	41.46%	0
REC Ltd	-	4.83	₹77,258.79 Cr	6.32%	₹16,035.21 Cr	-	₹59,202.49 Cr	-	9.42%	6.09
Nippon Life India Asset Management Ltd	-	41.61	₹68,334.34 Cr	2.01%	₹1,635.54 Cr	-	₹2,869 Cr	-	45.49%	0
L&T Finance Ltd	-	21.35	₹67,999.44 Cr	1.01%	₹3,198.02 Cr	-	₹18,897.97 Cr	-	8.23%	3.93
Bajaj Housing Finance Ltd	-	25.18	₹67,758.55 Cr	-	₹2,692.32 Cr	-	₹11,604.2 Cr	-	8.35%	4.6
SBI Cards & Payment Services Ltd	-	24.43	₹55,564.77 Cr	0.43%	₹2,275.15 Cr	-	₹20,063.29 Cr	-	10.14%	2.8
HDB Financial Services Ltd	-	23.02	₹52,384.31 Cr	0.16%	₹2,175.9 Cr	-	₹16,300.3 Cr	-	9.03%	5.52

Quarterly Results

📊 Jun 2026: Revenue grew 15.5% YoY, Profit grew 37.1% YoY

	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,947.6	2,057.28	2,130.19	2,175.33	2,249.45
↳ QoQ Growth	-	+5.6%	+3.5%	+2.1%	+3.4%
Expenses	1,655	1,361.46	1,422.72	1,562.14	1,836.85
Operating Profit	292.6	695.82	707.47	613.19	412.6
OPM %	15.02%	33.82%	33.21%	28.19%	18.34%
Other Income	12.24	0.57	9.73	5.95	1.15
Interest	1,218.27	1,212.97	1,232.58	1,240.86	1,341.27
Depreciation	9.96	10.44	10.95	12.54	9.94
EBITDA	302.56	706.26	718.42	625.73	422.54
EBITDA Margin %	15.54%	34.33%	33.73%	28.76%	18.78%
Profit Before Tax	304.84	696.39	717.2	619.14	413.75
Tax %	19.01%	21.12%	18.41%	20.43%	18.18%
Net Profit	246.88	549.33	585.16	492.63	338.53
↳ QoQ Growth	-	+122.5%	+6.5%	-15.8%	-31.3%
EPS	0.91	1.97	2.09	1.76	1.21

Profit & Loss

	Mar 2026	TTM
Sales	8310.4	8612.25
Expenses	6001.32	6183.17
Operating Profit	2309.08	2429.08
OPM %	27.79%	28.2%
Other Income	28.49	17.4
Interest	4904.68	5027.68
Depreciation	43.89	43.87
Profit Before Tax	2337.57	2446.48
Tax %	19.83%	19.65%
Net Profit	1874	1965.65
EPS	6.73	7.03

Compounded Sales Growth

10Y

TTM

Compounded Profit Growth

10Y

TTM

Stock Price CAGR

10Y

-25.24%

Return on Equity

10Y

Last Year

19.15%

Balance Sheet

	Mar 2025	Mar 2026
Equity Capital	2687.76	2809.23
Reserves	7578.78	10976.19
Borrowings	64740.31	77845.63
Other Liabilities	4728.1	2176.82
Total Liabilities	79734.95	93807.87
Fixed Assets	348.77	316.03
CWIP	0	0
Investments	600.16	883.82
Other Assets	78786.02	92608.02
Total Assets	79734.95	93807.87

Cash Flows

	Mar 2025
Cash from Operating Activity	-14459.68
Cash from Investing Activity	-517.65
Cash from Financing Activity	14960.41
Net Cash Flow	-16.92

Ratios

	Mar 2026
Debtor Days	-
Inventory Days	-
Days Payable	-
Cash Conversion Cycle	-
Working Capital Days	701.08
ROCE %	14.47%

Shareholding Pattern

	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters %	71.76%	71.76%	71.76%	71.76%
FIIs %	1.92%	2.07%	2.14%	2.48%
DIIs %	2.57%	2.51%	2.45%	2.4%
Public %	22.39%	22.31%	22.25%	21.99%
No. of Shareholders	26,56,617	25,75,369	25,19,677	24,65,916