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Indian Renewable Energy Development Agency Ltd

The live share price of Indian Renewable Energy Development Agency Ltd (IREDA) as on 03 May 10:28am is ₹179.65 from NSE/BSE.

IREDA NSE

₹179.65 ▼-0.96% (-1.75)

As on May 03, 2024 03:58 PM IST

How do you feel today about Indian Renewable Energy Development Agency Ltd?

Key Metrics

PE Ratio

38.94

PB Ratio

8.21

Dividend Yield

-

Sector PB

2.92

Sector PE

18.43

Sector Div Yld

0.85%

Dividend Yield

Dividend per share for the most recent financial year divided by the close price

About

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Sector

Financials

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Industry

Diversified Financial Services

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Market Cap

Midcap, ₹48,756 Cr

Indian Renewable Energy Development Agency Limited is an India-based systemically important non-deposit taking non-banking financial (NBFC-ND-SI) company. The Company is engaged in promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation projects. The Company provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for renewable energy projects and other value chain activities, such as equipment manufacturing and transmission. It has financed projects across multiple RE sectors, such as solar power, wind power, hydro power, transmission, and biomass, among others. It also offers a comprehensive suite of financial products and services including various fund-based and non-fund-based products. In addition, it provides loans to government entities and also provide financing schemes for RE suppliers, manufacturers, and contractors.

The following charts display the financial performance of the Indian Renewable Energy Development Agency Ltd (IREDA) stock, including the year-on-year Income Statement , Balance Sheet , Cash Flow Statement and Shareholding pattern.

Furthermore, under the Peers section, you can find stocks that are similar to Indian Renewable Energy Development Agency Ltd (IREDA), and their live stock price and performance at a glance. Click on any peer stock to navigate to that stock’s live price page.

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Sector

Financials

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Industry

Diversified Financial Services

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Market Cap

Midcap, ₹48,756 Cr

Financials

Income Statement

(INR) Y/Y Change
Revenue 4,965 Cr +42.56%
Operating Expense 3,249 Cr +43.97%
Net Income 1,252 Cr +44.83%
Net Profit Margin 25.22% +1.61%
Earning Per Share 5 +36.34%
EBITDA 1,715 Cr +47.55%

Balance sheet

(INR) Y/Y Change
Cash & short-term Inv 954 Cr +81.28%
Total Assets 50,446 Cr +37.43%
Total Liabilities 44,511 Cr +41.58%
Total Equity 5,935 Cr +12.66%
Shares Outstanding 228.46 Cr -
Price to Book - -
Return on Assets 1.98% +4.76%
Return on Capital 19.19 Cr +21.23%

Cash Flows

(INR) Y/Y Change
Net Income 1,252 Cr +44.83%
Cash from Operations -12,343 Cr +134.92%
Cash from Investing -17 Cr -83.93%
Cash from Financing 12,367 Cr +134.62%
Net Change in Cash 7 Cr -108.18%
Free Cash Flow -12,358 Cr +134.99%

Shareholding Pattern

Total Promoter Holding
75%
Unpledged
Foreign Institutions
1.36%
Foreign Institutions
Retail & Others
22.69%
Retail & Others
Other Parties
Other Domestic Institutions
0.42%
Insurance Firms
Others
Mutual Funds
0.53%
Mutual Funds

Peers

IRFC

Indian Railway Finance Corp Ltd

PE Ratio

34.39

1Y Return

▲350.5%

PFC

Power Finance Corporation Ltd

PE Ratio

8.21

1Y Return

▲255.63%

RECLTD

REC Limited

PE Ratio

10.31

1Y Return

▲321.62%

RVNL

Rail Vikas Nigam Ltd

PE Ratio

41.38

1Y Return

▲100.56%

FAQs on Indian Renewable Energy Development Agency Ltd

How to buy Indian Renewable Energy Development Agency Ltd stocks?

You can easily buy the stocks/shares of Indian Renewable Energy Development Agency Ltd (IREDA) through either a broker or a financial institution by opening a Demat & Trading account online via smallcase.

What is the Share Price of Indian Renewable Energy Development Agency Ltd?

The stock price of Indian Renewable Energy Development Agency Ltd as on 03 May 2024 is ₹179.65

What is the 52-week High and Low of Indian Renewable Energy Development Agency Ltd?

The 52-week high and low of Indian Renewable Energy Development Agency Ltd (IREDA) is ₹214.8 and ₹46.8.

What is the PE and PB ratio of Indian Renewable Energy Development Agency Ltd?

The P/E (price-to-earnings) and P/B (price-to-book) ratios of Indian Renewable Energy Development Agency Ltd are 38.94 and 8.21 respectively.

What are the peers or stocks similar to Indian Renewable Energy Development Agency Ltd?

The peers or stocks similar to Indian Renewable Energy Development Agency Ltd are Indian Railway Finance Corp Ltd, Power Finance Corporation Ltd, REC Limited, Rail Vikas Nigam Ltd and many others. smallcase also offers over 200 readymade stock baskets managed by 180+ SEBI-registered investment experts. These stock portfolios are based on a theme, idea or strategy. You can use smallcase to start investing in diversified stock baskets.

Which sector does Indian Renewable Energy Development Agency Ltd belong to?

Indian Renewable Energy Development Agency Ltd (IREDA) belongs to the Specialized Finance sector.

What is the Market Cap of Indian Renewable Energy Development Agency Ltd?

Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Indian Renewable Energy Development Agency Ltd (IREDA) is ₹48,756 Cr as of 03 May 2024

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