Indian Ren. Energy
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Indian Ren. Energy share price

Indian Renewable Energy Development Agency Ltd.

NSE: IREDA BSE: 544026 SECTOR: Finance - NBFC  354k   980   230

189.90
+2.25 (1.20%)
BSE: 14 Nov 04:01 PM

Price Summary

Today's High

₹ 195

Today's Low

₹ 187.75

52 Week High

₹ 310

52 Week Low

₹ 49.99

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 51040.65 Cr.

Advances

₹ 0 Cr.

No. of Shares

268.78 Cr.

P/E

35.34

P/B

5.47

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  34.74

Operating Revenue

₹ 4963.94 Cr.

Net Profit

₹ 1252.23 Cr.

Promoter Holding

75 %

EPS (TTM)

₹  5.37

Sales Growth

42.56

ROE

17.28 %

ROCE

9.29%

Profit Growth

44.83 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year42.56%
3 Year23.2%
5 Year19.71%

Profit Growth

1 Year44.83%
3 Year53.47%
5 Year38.03%

ROE%

1 Year17.28%
3 Year16.02%
5 Year13.8%

ROCE %

1 Year9.29%
3 Year8.52%
5 Year8.27%

ROA%

2.1552

PEG Ratio

1.53

PAT Margin (%)

25.2265

EPS Growth(%)

23.1042

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 75.00 0.00
Jun 2024 75.00 0.00
Mar 2024 75.00 0.00
Dec 2023 75.00 0.00
Sep 2018 100.00 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 23.1959945934436%.
  • The company has delivered substantial profit growth of 53.4731059570011% over past 3 years.
  • Promoters shareholding is 75%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 1252.85 1391.25 1510.28 1629.55
Other Income 0.34 10.34 0.43 0.83
Interest Expended 759.97 847.24 974.93 1030.18
Operating Expenses 98.88 65.57 51.41 130.87
Total Provisions 0 0 0 0
Depreciation 8.21 9.12 8.63 9.43
Profit Before Tax 386.14 479.67 475.74 459.91
Tax 50.6 142.29 92.04 72.16
Net Profit 335.54 337.38 383.69 387.75
Adjusted EPS (RS) 1.25 1.26 1.43 1.44

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 2367.32 2654.81 2859.9 3481.97 4963.94
Other Income 5.06 2.93 14.26 1.07 85.1
Interest 1459.21 1570.26 1587.25 2088.44 3164.1
Operating Expenses 94.13 90.01 204.71 149.64 177.55
Total Provisions 577.94 427.95 248.36 105.71 22.15
Exceptional Items 0 0 0 0 0
Profit Before Tax 241.11 569.52 833.84 1139.25 1685.24
Tax 26.56 223.11 200.31 274.62 433.01
Profit After Tax 213 346.41 633.53 864.63 1252.23
Adjusted EPS (Rs.) 2.73 4.42 2.77 3.78 4.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 784.6 784.6 2284.6 2284.6 2687.76
Total Reserves 1736.72 2210.59 2983.51 3650.57 5871.66
Borrowings 21853.55 24000 27613.07 39165.29 47749.24
Other N/C liabilities 2321.71 2109.84 2449.72 1743.44 1796.8
Current liabilities 1880.6 976.95 1055.43 5104.75 6152.01
Total Liabilities 28577.17 30081.98 36386.34 51948.64 64257.47
Assets
Loans 0 0 0 0 0
Net Block 282.04 266.1 247.8 228.72 361.06
Capital WIP 0.01 0.01 128.33 139.26 0
Intangible WIP 0 0 3.11 4.86 0
Investments 0.12 0.12 99.27 99.3 99.34
Other Loans 24121.75 27087.2 33284.69 46172.83 58710.23
Other N/C Assets 1640.84 1641.32 1641 1683.9 1680.91
Current Assets 2532.41 1087.23 982.15 3619.78 3405.93
Total Assets 28577.17 30081.98 36386.34 51948.64 64257.47
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2018% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 100.00 75.00 75.00 75.00 75.00
president of india throug... - 75.00 - - 75.00
president of india, throu... - - 75.00 75.00 -
president of india 100.00 - - - -
total 100.00 - - - -
PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 25.00 25.00 25.00 25.00
llp 0.04 0.04 0.04 0.03

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Indian Renewable Energy Development Agency informs about newspaper publication 11 Oct, 4:42 PM IREDA gets in-principle approval to establish wholly-owned subsidiary 11 Oct, 4:42 PM IREDA reports 36% rise in Q2 net profit 11 Oct, 12:41 PM Indian Ren. Energy - Quaterly Results 10 Oct, 4:46 PM Indian Ren. Energy - Quaterly Results 10 Oct, 4:46 PM Indian Ren. Energy - Quaterly Results 10 Oct, 4:46 PM IREDA to raise Rs 4500 crore through fresh equity issue 19 Sep, 11:30 AM Indian Renewable Energy Development Agency informs about press release 10 Sep, 5:31 PM IREDA inks MoU with SJVN, GMR Energy for hydroelectric project in Nepal 10 Sep, 11:08 AM IREDA secures international credit rating from S&P 30 Aug, 10:58 AM IREDA planning to raise funds up to Rs 4500 crore 22 Aug, 11:57 AM IREDA gets nod to invest Rs 290 crore in 900 MW project in Nepal 18 Jul, 10:42 AM IREDA reports 30% rise in Q1 net profit 15 Jul, 10:30 AM Indian Ren. Energy - Quaterly Results 12 Jul, 7:41 PM Indian Ren. Energy - Quaterly Results 12 Jul, 7:41 PM Indian Renewable Energy Development Agency informs about credit rating 21 Jun, 2:26 PM Indian Renewable Energy Development Agency informs about newspaper publication 30 May, 12:37 PM IREDA incorporates subsidiary in GIFT City 9 May, 5:40 PM IREDA secures ‘Navratna status’ 29 Apr, 11:54 AM IREDA reports 33% rise in Q4 net profit 20 Apr, 1:00 PM Indian Ren. Energy - Quaterly Results 19 Apr, 6:03 PM Indian Ren. Energy - Quaterly Results 19 Apr, 6:03 PM IREDA opens office in GIFT City 18 Apr, 3:14 PM Indian Renewable Energy Development Agency informs about updates 21 Mar, 3:11 PM IREDA plans to establish subsidiary to cater to retail projects 22 Feb, 12:29 PM IREDA signs MoU with PNB 19 Feb, 12:58 PM IREDA inks MoU with IIT Bhubaneswar for Clean Energy Innovation 12 Feb, 9:08 AM IREDA receives approval from RBI to set up subsidiary in Gujarat 9 Feb, 9:30 AM IREDA reports 67% rise in Q3 net profit 20 Jan, 5:52 PM Indian Ren. Energy - Quaterly Results 20 Jan, 3:11 PM Indian Ren. Energy - Quaterly Results 20 Jan, 3:11 PM Indian Ren. Energy - Quaterly Results 20 Jan, 3:11 PM IREDA signs MoU with Indian Overseas Bank for Co-Lending 16 Jan, 4:58 PM Indian Renewable Energy Development Agency informs about clarification 14 Dec, 10:15 AM IREDA launches retail division 11 Dec, 12:18 PM Indian Renewable Energy Development Agency coming with IPO to raise upto Rs 2150.21 crore 17 Nov, 3:19 PM

Indian Ren. Energy Stock Price Analysis and Quick Research Report. Is Indian Ren. Energy an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Indian Ren. Energy stock price today is Rs 189.86. To understand the functions of the Indian Ren. Energy better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Indian Ren. Energy is Rs 1252.229 Cr and the compounded growth of profit in the past 3 years is 53.4724485484402 %. The PAT margin of Indian Ren. Energy is 25.2265 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Indian Ren. Energy , the EPS grew by 23.1042 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Indian Ren. Energy has a average ROE track record. The ROE of Indian Ren. Energy is at 17.2786 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Indian Ren. Energy is worth at the current levels at Rs 189.86. The stock is trading at a current P/E ratio of 29.1693 and the average historical P/E for the last 5 years was 5.83386.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Indian Ren. Energy is trading at a P/B of 5.467 . The average historical P/B of Indian Ren. Energy for the last 5 years was 0.85348. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Indian Ren. Energy is Rs 189.86. One can use valuation calculators of ticker to know if Indian Ren. Energy share price is undervalued or overvalued.

Last Updated on:
Brief about Indian Ren. Energy

IREDA Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

IREDA Ltd., also known as the Indian Renewable Energy Development Agency Limited, is a leading financial institution in India that focuses on the development and promotion of renewable energy projects. Established in 1987, IREDA plays a crucial role in providing financial assistance and project development services to renewable energy projects across the country.

IREDA Ltd. - Share Price

The share price of IREDA Ltd. reflects the market valuation of the company's stock. As a long-term investor looking for stock analysis, it is important to track the share price movements and understand the factors that influence its volatility. Our pre-built screening tools allow investors to analyze the historical share price data and identify trends.

IREDA Ltd. - Balance Sheet

The balance sheet of IREDA Ltd. provides a snapshot of the company's financial position at a specific point in time. It includes information about the company's assets, liabilities, and shareholders' equity. By analyzing the balance sheet, investors can assess the company's liquidity, solvency, and ability to generate returns. Our premium features offer tools such as DCF Analysis, BVPS Analysis, and DuPont Analysis to calculate fair value based on the balance sheet.

IREDA Ltd. - Annual Report

The annual report of IREDA Ltd. provides a comprehensive overview of the company's performance and financial results for a particular year. It includes detailed information about the company's operations, strategies, financial statements, and key performance indicators. Investors can download the annual report from our website to gain insights into the company's overall performance and make informed investment decisions.

IREDA Ltd. - Dividend

Dividends are the distribution of a portion of a company's earnings to its shareholders. IREDA Ltd. announces dividends periodically based on its financial performance and profitability. Investors can track the dividend history of IREDA Ltd. and analyze the company's dividend payout ratio using our pre-built screening tools.

IREDA Ltd. - Quarterly Result

Quarterly results provide an update on a company's performance during a specific quarter. It includes information about the company's revenue, expenses, net profit, and other financial metrics. Through our website, investors can access the quarterly results of IREDA Ltd. and evaluate the company's financial health over time.

IREDA Ltd. - Stock Price

The stock price of IREDA Ltd. represents the market value of its shares. By analyzing the stock price movements, investors can gauge market sentiment and assess the company's market performance. Our pre-built screening tools enable investors to track the historical stock price data and identify potential trading opportunities.

IREDA Ltd. - Price Chart

Price charts are visual representations of a stock's historical price movements. By studying price charts, investors can identify patterns, trends, and support/resistance levels. Our website provides price charts for IREDA Ltd. stock, allowing investors to perform technical analysis and make informed investment decisions.

IREDA Ltd. - News

Staying updated with the latest news and developments is crucial for stock analysis. Our website provides news updates related to IREDA Ltd., including industry trends, regulatory changes, and company-specific announcements. By staying informed, investors can adapt their investment strategies and make well-informed decisions.

IREDA Ltd. - Concall Transcripts

Concall transcripts provide a written record of the company's conference calls with analysts and investors. These transcripts contain valuable insights into the company's performance, strategies, and future outlook. Investors can download the concall transcripts of IREDA Ltd. from our website and analyze the discussions to gain a deeper understanding of the company's prospects.

IREDA Ltd. - Investor Presentations

Investor presentations are documents or slideshows prepared by companies to communicate key information to investors. These presentations include details about the company's business model, financial performance, growth prospects, and strategies. Investors can download the investor presentations of IREDA Ltd. from our website to gain insights into the company's long-term vision and investment potential.

IREDA Ltd. - Promoters

Promoters are individuals or entities who have founded and established a company. They play a crucial role in shaping the company's strategy and decision-making process. Understanding the promoters of IREDA Ltd. provides insights into the company's origins and leadership. Our pre-built screening tools allow investors to analyze the shareholding pattern and identify the major promoters of IREDA Ltd.

IREDA Ltd. - Shareholders

Shareholders are individuals or entities who own shares in a company. They have ownership rights and are entitled to dividends and voting rights. Analyzing the shareholder pattern of IREDA Ltd. helps investors understand the company's ownership structure and identify influential shareholders. Our website provides information on the major shareholders of IREDA Ltd. based on the latest available data.

As a long-term investor looking for stock analysis, our website offers various resources and tools to help you evaluate the performance and prospects of IREDA Ltd. Downloadable annual reports, concall transcripts, investor presentations, and research reports provide valuable insights into the company's operations and financials. Additionally, our premium features enable fair value calculations using tools such as DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis.

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