Finance
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. It operates in two segments, Financing and Generation. 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, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Very strong Profitability. One year profit margin are 25%.
Dividend: Stock hasn't been paying any dividend.
Momentum: Stock has a weak negative price momentum.
Smart Money: Smart money is losing interest in the stock.
Understand Indian Renewable Energy Development Agency ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
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President of India through Secretary MNRE | 75% |
Clearing Members | 0.08% |
Employees | 0.03% |
Distribution across major stakeholders
Distribution across major institutional holders
Updated May 3, 2025
PhilipCapital maintained a 'sell' recommendation on IREDA, citing concerns over higher exposure to the private sector and a high proportion of the vulnerable portfolio, which may lead to increased credit costs in the medium term.
Analysts have expressed concerns over IREDA's asset quality, with gross non-performing assets (NPAs) at 2.68% and net NPAs at 0.95%, indicating potential risks to financial stability.
Despite strong financial results, some analysts believe that the recent rally in IREDA's stock price was driven by passive flows rather than fundamental improvements, suggesting potential overvaluation.
IREDA's Q3FY25 net profit increased by 27% year-on-year to ₹425.38 crore, with net interest income rising 39% to ₹622.3 crore.
IREDA's stock surged over 6% following the signing of an MoU with SJVN Ltd. and GMR Energy Ltd. for the 900 MW Upper Karnali hydro-electric project in Nepal.
IREDA's shareholders approved a proposal to raise up to ₹5,000 crore through the issuance of equity shares to qualified institutional buyers, indicating strong investor confidence.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Investor Care | |
---|---|
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 5.7 |
Financial Health | |
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Debt/Equity | 0.00 |
Debt/Cashflow | 0.00 |
Valuation | |
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Market Cap | 44.43 kCr |
Price/Earnings (Trailing) | 28.96 |
Price/Sales (Trailing) | 7.13 |
EV/EBITDA | 7.56 |
Price/Free Cashflow | -4.54 |
MarketCap/EBT | 22.75 |
Fundamentals | |
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Revenue (TTM) | 6.23 kCr |
Rev. Growth (Qtr) | 4.21% |
Earnings (TTM) | 1.53 kCr |
Earnings Growth (Qtr) | 9.7% |
Profitability | |
---|---|
Operating Margin | 31.35% |
EBT Margin | 31.35% |
Return on Equity | 16.43% |
Return on Assets | 2.23% |
Free Cashflow Yield | -22.05% |
Detailed comparison of Indian Renewable Energy Development Agency against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
IRFC | Indian Railway Finance CorpFinancial Institution | 1.62 LCr | 26.91 kCr | -2.59% | -21.81% | 24.97 | 5.98 | +1.82% | +1.15% |
ADANIGREEN | Adani Green EnergyPower Generation | 1.43 LCr | 11.93 kCr | -4.00% | -49.35% | 74.35 | 12.01 | +11.99% | +32.33% |
PFC | Power Finance CorpFinancial Institution | 1.34 LCr | 1.01 LCr | -2.33% | -13.19% | 4.51 | 1.32 | +16.56% | +18.69% |
TATAPOWER | Tata Power Co.Integrated Power Utilities | 1.22 LCr | 66.01 kCr | +0.78% | -16.74% | 26.98 | 1.85 | +9.77% | +8.18% |
RECLTD | RECFinancial Institution | 1.1 LCr | 53.79 kCr | -1.19% | -24.26% | 7.06 | 2.05 | +19.22% | +19.20% |
SUZLON | SUZLON ENERGYHeavy Electrical Equipment | 76.63 kCr | 9.38 kCr | -2.14% | +34.65% | 66.94 | 8.17 | +54.71% | +57.63% |
HUDCO | Housing &Urban Development CorpFinancial Institution | 44.4 kCr | 9.69 kCr | +7.74% | -0.10% | 16.56 | 4.58 | +27.17% | +30.45% |