Indian Renewable Energy Development Agency Limited

NSEI:IREDA Stock Report

Market Cap: ₹357.1b

Indian Renewable Energy Development Agency Past Earnings Performance

Past criteria checks 3/6

Indian Renewable Energy Development Agency has been growing earnings at an average annual rate of 28.3%, while the Diversified Financial industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 20.2% per year. Indian Renewable Energy Development Agency's return on equity is 13.9%, and it has net margins of 72.9%.

Key information

28.30%

Earnings growth rate

6.35%

EPS growth rate

Diversified Financial Industry Growth18.91%
Revenue growth rate20.16%
Return on equity13.91%
Net Margin72.86%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article • Feb 12

Indian Renewable Energy Development Agency Limited's (NSE:IREDA) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 18.9x Indian Renewable Energy Development Agency Limited ( NSE:IREDA ) may...
Analysis Article • Oct 29

Indian Renewable Energy Development Agency Limited (NSE:IREDA) Screens Well But There Might Be A Catch

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Indian...
Analysis Article • Mar 05

Indian Renewable Energy Development Agency Limited (NSE:IREDA) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely

Unfortunately for some shareholders, the Indian Renewable Energy Development Agency Limited ( NSE:IREDA ) share price...
Analysis Article • Jul 05

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

Indian Renewable Energy Development Agency Limited ( NSE:IREDA ) shareholders would be excited to see that the share...
Analysis Article • Apr 19

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

Indian Renewable Energy Development Agency Limited ( NSE:IREDA ) shareholders would be excited to see that the share...
Analysis Article • Mar 01

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

With a price-to-earnings (or "P/E") ratio of 34.5x Indian Renewable Energy Development Agency Limited ( NSE:IREDA ) may...

Revenue & Expenses Breakdown

How Indian Renewable Energy Development Agency makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:IREDA Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2525,84118,8291,3540
30 Sep 2523,56017,2311,2240
30 Jun 2521,45015,6151,1580
31 Mar 2523,35316,9831,1460
31 Dec 2422,38515,3421,3240
30 Sep 2420,27814,4431,1900
30 Jun 2418,63413,4141,1650
31 Mar 2418,04812,5221,0340
31 Dec 2317,34511,6859740
30 Sep 2316,12810,3371,0020
30 Jun 2315,6139,3328970
31 Mar 2313,2808,6467010
31 Dec 2214,8688,3757430
30 Sep 2214,6397,4397750
30 Jun 2212,7206,6997540
31 Mar 2211,0706,3356830
31 Mar 218,3333,4646440
31 Mar 205,0052,1466710
31 Mar 196,6942,4995950
31 Mar 187,9353,7054840
31 Mar 174,2132,1013780
31 Mar 165,4322,9792460
31 Dec 155,8912,9184090
30 Sep 156,3682,8567710
30 Jun 156,1602,7887790

Quality Earnings: IREDA has a high level of non-cash earnings.

Growing Profit Margin: IREDA's current net profit margins (72.9%) are higher than last year (68.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IREDA's earnings have grown significantly by 28.3% per year over the past 5 years.

Accelerating Growth: IREDA's earnings growth over the past year (22.7%) is below its 5-year average (28.3% per year).

Earnings vs Industry: IREDA earnings growth over the past year (22.7%) exceeded the Diversified Financial industry 14.1%.

Return on Equity

High ROE: IREDA's Return on Equity (13.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 01:41
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Indian Renewable Energy Development Agency Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manish AgarwallaPhillipCapital (India)