company background image
IREDA logo

Indian Renewable Energy Development Agency NSEI:IREDA Stock Report

Last Price

₹170.65

Market Cap

₹458.7b

7D

6.2%

1Y

n/a

Updated

27 Apr, 2024

Data

Company Financials +

Indian Renewable Energy Development Agency Limited

NSEI:IREDA Stock Report

Market Cap: ₹458.7b

IREDA Stock Overview

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.

IREDA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
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₹170.65
52 Week High₹214.80
52 Week Low₹50.00
Beta0
1 Month Change25.57%
3 Month Change0.50%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO184.42%

Recent News & Updates

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

Recent updates

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
7D6.2%4.7%2.6%
1Yn/a77.0%45.0%

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 Movement8.9%
Diversified Financial Industry Average Movement7.2%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: IREDA's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine IREDA's volatility change 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₹458.67b
Earnings (TTM)₹12.52b
Revenue (TTM)₹17.76b

36.6x

P/E Ratio

25.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IREDA income statement (TTM)
Revenue₹17.76b
Cost of Revenue₹0
Gross Profit₹17.76b
Other Expenses₹5.23b
Earnings₹12.52b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.66
Gross Margin100.00%
Net Profit Margin70.52%
Debt/Equity Ratio604.0%

How did IREDA perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.