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Indian Renewable Energy Development Agency NSEI:IREDA Stock Report

Last Price

₹184.58

Market Cap

₹511.1b

7D

-2.8%

1Y

n/a

Updated

21 Nov, 2024

Data

Company Financials +

Indian Renewable Energy Development Agency Limited

NSEI:IREDA Stock Report

Market Cap: ₹511.1b

IREDA Stock Overview

A non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. More details

IREDA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends0/6

Indian Renewable Energy Development Agency Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Indian Renewable Energy Development Agency
Historical stock prices
Current Share Price₹184.58
52 Week High₹310.00
52 Week Low₹50.00
Beta0
11 Month Change-7.49%
3 Month Change-29.09%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO207.63%

Recent News & Updates

What Indian Renewable Energy Development Agency Limited's (NSE:IREDA) 32% Share Price Gain Is Not Telling You

Jul 05
What Indian Renewable Energy Development Agency Limited's (NSE:IREDA) 32% Share Price Gain Is Not Telling You

Recent updates

What Indian Renewable Energy Development Agency Limited's (NSE:IREDA) 32% Share Price Gain Is Not Telling You

Jul 05
What Indian Renewable Energy Development Agency Limited's (NSE:IREDA) 32% Share Price Gain Is Not Telling You

Earnings Not Telling The Story For Indian Renewable Energy Development Agency Limited (NSE:IREDA) After Shares Rise 26%

Apr 19
Earnings Not Telling The Story For Indian Renewable Energy Development Agency Limited (NSE:IREDA) After Shares Rise 26%

Unpleasant Surprises Could Be In Store For Indian Renewable Energy Development Agency Limited's (NSE:IREDA) Shares

Mar 01
Unpleasant Surprises Could Be In Store For Indian Renewable Energy Development Agency Limited's (NSE:IREDA) Shares

Shareholder Returns

IREDAIN Diversified FinancialIN Market
7D-2.8%1.3%0.3%
1Yn/a29.7%27.3%

Return vs Industry: Insufficient data to determine how IREDA performed against the Indian Diversified Financial industry.

Return vs Market: Insufficient data to determine how IREDA performed against the Indian Market.

Price Volatility

Is IREDA's price volatile compared to industry and market?
IREDA volatility
IREDA Average Weekly Movement5.7%
Diversified Financial Industry Average Movement6.5%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.0%

Stable Share Price: IREDA has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: IREDA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987174Pradip Daswww.ireda.in

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.

Indian Renewable Energy Development Agency Limited Fundamentals Summary

How do Indian Renewable Energy Development Agency's earnings and revenue compare to its market cap?
IREDA fundamental statistics
Market cap₹511.08b
Earnings (TTM)₹14.44b
Revenue (TTM)₹21.23b

34.3x

P/E Ratio

23.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IREDA income statement (TTM)
Revenue₹21.23b
Cost of Revenue₹0
Gross Profit₹21.23b
Other Expenses₹6.78b
Earnings₹14.44b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.37
Gross Margin100.00%
Net Profit Margin68.05%
Debt/Equity Ratio586.2%

How did IREDA perform over the long term?

See historical performance and comparison