Indian Renewable Energy Development Agency Ltd (IREDA)
₹112.13
Mkt cap
₹31,730 Cr
P/E ratio
16.20
P/B
2.28
Div yield
1.20%
ROE
15.60%
ROCE
8.69%
EPS (TTM)
₹6.92
Book value
₹49
52W range
109–161
Sector
Financial Services
Price history
Previous close
Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The Ministry of New and Renewable Energy, Government of India has given IREDA the 'Navaratna Status. RBI classified company as “Infrastructure Finance Company”. [1] [2]
NSE IREDABSE 544026
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsBearish
52-week range
−30.30% from high₹112
₹109+2.89% from low₹161
Current
₹112.13
Prev close
₹112.95
Day
−0.73%
Price performance
1D
−0.73%
1W
−1.81%
1M
−6.56%
3M
−7.01%
6M
−3.04%
1Y
−22.21%
YTD
−23.53%
Financials
Revenue, profit & margin
P/E ratio
16.2×
IREDA is 4% above the sector median of 15.6×
IREDA16.2×
Sector median15.6×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,143 | 1,177 | 1,253 | 1,391 | 1,510 | 1,630 | 1,698 | 1,904 | 1,947 | 2,057 | 2,130 | 2,175 | 2,248 | |
| Interest | 764 | 793 | 760 | 847 | 975 | 1,030 | 1,032 | 1,104 | 1,218 | 1,213 | 1,233 | 1,241 | 1,341 | |
| Expenses | -66 | -3 | 99 | 56 | 51 | 131 | 119 | 170 | 427 | 138 | 179 | 308 | 486 | |
| Financing Profit | 445 | 387 | 394 | 488 | 484 | 469 | 548 | 630 | 302 | 706 | 718 | 626 | 422 | |
| Financing Margin % | 39% | 33% | 31% | 35% | 32% | 29% | 32% | 33% | 16% | 34% | 34% | 29% | 19% | |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 11 | 12 | 1 | 10 | 6 | 1 | |
| Depreciation | 6 | 7 | 8 | 9 | 9 | 9 | 10 | 11 | 10 | 10 | 11 | 13 | 10 | |
| Profit before tax | 440 | 380 | 386 | 480 | 476 | 460 | 538 | 630 | 305 | 696 | 717 | 619 | 413 | |
| Tax % | 33% | 25% | 13% | 30% | 19% | 16% | 21% | 20% | 19% | 21% | 18% | 20% | 18% | |
| Net Profit | 295 | 285 | 336 | 337 | 384 | 388 | 425 | 502 | 247 | 549 | 585 | 493 | 338 | |
| EPS in Rs | 1.29 | 1.25 | 1.25 | 1.26 | 1.43 | 1.44 | 1.58 | 1.87 | 0.88 | 1.95 | 2.08 | 1.75 | 1.20 | |
| Gross NPA % | 3.08% | 3.13% | 2.90% | 2.19% | 2.19% | 2.68% | 2.45% | 4.13% | 3.97% | 3.75% | 3.49% | 3.76% | ||
| Net NPA % | 1.61% | 1.65% | 1.52% | 0.95% | 1.04% | 1.50% | 1.35% | 2.06% | 1.97% | 1.68% | 1.29% | 1.22% | ||
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.14% · closed higher next day 5 of last 11
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 20 Jan '24◦ | 19 Apr '24◦ | 15 Jul '24 | 10 Oct '24◦ | 9 Jan '25◦ | 15 Apr '25◦ | 10 Jul '25◦ | 14 Oct '25 | 9 Jan '26◦ | 29 May '26◦ | 3 Aug '26◦ |
| Earnings day | +3.49% | +6.10% | +1.90% | −2.17% | −6.91% | +5.64% | −5.68% | +2.97% | +3.58% | −5.24% | −2.15% |
| +1 day | +8.67% | +4.51% | −4.28% | −5.22% | −7.50% | +3.85% | −6.27% | +3.21% | +2.47% | −6.24% | −1.87% |
| +5 days | +22.14% | +12.88% | −9.01% | −7.51% | −4.16% | +4.89% | −7.22% | +2.31% | −4.88% | −9.82% | −3.50% |
| +15 days | +13.30% | +7.75% | −17.00% | −12.11% | −6.47% | −6.29% | −14.12% | −0.47% | −3.55% | −1.80% | −1.94% |
| +30 days | −4.77% | +4.20% | −10.66% | −15.62% | −19.59% | +4.64% | −12.93% | −4.78% | −8.14% | −8.38% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Re 0.60 Per Share | — | 2 Apr '26 | 2 Apr '26 |
Shareholding
as of Jun 202671.76%Promoter
Promoters71.76%
FIIs2.48%0.34
DIIs2.39%0.05
Public23.35%0.30
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| PFC | ₹353.10 | 4.47 | 1,16,527 | 5.25% | 8,998 | +2.12% | 28,527 | −0.04% | 9.71% |
| IRFC | ₹83.00 | 15.08 | 1,08,469 | 2.53% | 1,927 | +10.40% | 8,261 | +19.46% | 5.64% |
| RECLTD | ₹316.40 | 5.19 | 83,315 | 5.86% | 4,193 | −6.11% | 14,435 | −2.05% | 9.71% |
| HUDCO | ₹179.24 | 8.43 | 35,882 | 3.38% | 851 | +35.05% | 3,717 | +26.55% | 8.41% |
| IREDA | ₹112.95 | 16.15 | 31,730 | 1.20% | 338 | +36.82% | 2,248 | +15.46% | 8.69% |
| IFCI | ₹102.51 | 154.00 | 27,619 | 0.00% | 60 | −17.40% | 327 | −19.68% | 4.90% |
| TFCILTD | ₹140.90 | 42.33 | 6,523 | 0.43% | 61 | +100.29% | 81 | +27.17% | 11.13% |
| Median: 8 Co. | ₹126.93 | 15.61 | 33,806 | 1.86% | 594 | +6.26% | 2,983 | +15.46% | 8.55% |
Filings
Concall transcripts13
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Publication in respect of Notice 39th Annual General Meeting ("AGM") & e-voting information.Business Responsibility and Sustainability Reporting (BRSR) 2 Sep - IREDA submitted its FY2025-26 BRSR and independent assurance report as part of the 39th Annual Report.Intimation Of Notice Along With The Annual Report Of 39Th Annual General Meeting (''AGM'') Of The Company For The Financial Year 2025-26 2 SepAnnouncement under Regulation 30 (LODR)-Newspaper Publication 2 Sep - Intimation of convening of 39th Annual General Meeting of the Company through video Conferencing/Other Audio Visual Means and Newspaper Publication thereof.Board Comments On Fine Levied By The Exchanges 1 Sep - BSE/NSE levy Rs14.20 lakh fine on IREDA for June 2026 board non-compliance; board seeks MNRE appointments and waiver.