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
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Indian Renewable Energy Development Agency Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹206.32 |
| 52 Week High | ₹310.00 |
| 52 Week Low | ₹95.55 |
| Beta | 0 |
| 1 Month Change | 8.50% |
| 3 Month Change | -11.21% |
| 1 Year Change | 87.82% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 243.87% |
Recent News & Updates
Recent updates
What Indian Renewable Energy Development Agency Limited's (NSE:IREDA) 32% Share Price Gain Is Not Telling You
Jul 05
Earnings Not Telling The Story For Indian Renewable Energy Development Agency Limited (NSE:IREDA) After Shares Rise 26%
Apr 19Unpleasant Surprises Could Be In Store For Indian Renewable Energy Development Agency Limited's (NSE:IREDA) Shares
Mar 01Shareholder Returns
| IREDA | IN Diversified Financial | IN Market | |
|---|---|---|---|
| 7D | -5.1% | -4.4% | -2.1% |
| 1Y | 87.8% | 25.2% | 22.5% |
Return vs Industry: IREDA exceeded the Indian Diversified Financial industry which returned 25.2% over the past year.
Return vs Market: IREDA exceeded the Indian Market which returned 22.5% over the past year.
Price Volatility
| IREDA volatility | |
|---|---|
| IREDA Average Weekly Movement | 5.5% |
| Diversified Financial Industry Average Movement | 6.2% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 174 | Pradip Das | www.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
| IREDA fundamental statistics | |
|---|---|
| Market cap | ₹554.54b |
| Earnings (TTM) | ₹14.44b |
| Revenue (TTM) | ₹21.23b |
38.4x
P/E Ratio26.1x
P/S RatioIs IREDA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 100.00% |
| Net Profit Margin | 68.05% |
| Debt/Equity Ratio | 586.2% |
How did IREDA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Indian Renewable Energy Development Agency Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vishal Narnolia | ICICIdirect.com |
| Manish Agarwalla | PhillipCapital (India) |