IREDA

162.31
+0.65
(0.40%)
ann
There are new updates from the company14 hours ago
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Market Cap
43,625.11 Cr
EPS
4.41
PE Ratio
116.40
Dividend Yield
0.00 %
52 Week High
310.00
52 Week Low
135.50
PB Ratio
7.52
Debt to Equity
8.31
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from2 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy+50.00 %
+50.00 %
Hold0.0 %
0.0 %
Sell+50.00 %
+50.00 %

Company News

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positive
IREDA Secures 26 Billion Yen ECB Facility from SBI TokyoToday
The Indian Renewable Energy Development Agency (IREDA) has successfully obtained an External Commercial Borrowing (ECB) facility of 26 billion Japanese Yen from the State Bank of India's Tokyo branch. This financing arrangement is likely to support IREDA's efforts in funding renewable energy projects in India.
positive
IREDA Approves Borrowing Program and Raises Funds Through Bonds2 days ago
The Indian Renewable Energy Development Agency (IREDA) has approved a borrowing program of up to 308 billion rupees for the fiscal year 2025-26. Additionally, the company has successfully raised 9.10 billion rupees through privately placed Tier-II bonds.
positive
IREDA Raises 9.10 Billion Rupees Through Privately Placed Tier-II Bonds2 days ago
The Indian Renewable Energy Development Agency (IREDA) has successfully raised 9.10 billion rupees (approximately $109 million) through the private placement of Tier-II bonds. This fundraising effort demonstrates IREDA's ability to secure significant capital, which is likely to be used for supporting renewable energy projects in India.
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Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
125.62
#1 1,64,166.57
24.88
26,656.00
12.18
6,412
1.99
47.97
420.00
1,38,604.27
#1 6.23
#1 91,769.30
17.86
#1 26,461
23.28
59.01
433.50
1,14,150.26
7.28
47,571.20
20.37
14,146
23.21
55.89
200.97
40,232.18
14.95
7,948.10
12.16
2,117
#1 41.56
55.48
43.60
11,747.21
152.59
2,114.80
22.36
241
-122.14
48.41
168.46
1,559.86
18.09
254.30
-1.62
85
-8.80
69.64
15.17
135.23
-
21.50
#1 49.31
-119
-4.28
37.92
IREDA
this company
162.31
#4 43,625.11
#6 116.40
#5 2,658.60
#7 12.06
#5 346
#2 26.80
50.99
Growth Rate
Revenue Growth
12.06 %
Net Income Growth
61.42 %
Cash Flow Change
-87.58 %
ROE
35.84 %
ROCE
14.66 %
EBITDA Margin (Avg.)
11.99 %

Yearly Financial Results

Annual Financials
2018
2019
2020
2021
TTM
Revenue
1,813
2,023
2,372
2,659
0
Expenses
247
431
649
496
0
EBITDA
1,566
1,592
1,723
2,163
0
Operating Profit %
86 %
79 %
73 %
81 %
0 %
Depreciation
21
23
23
23
0
Interest
1,006
1,183
1,459
1,570
0
Profit Before Tax
539
311
241
570
0
Tax
169
67
27
223
0
Net Profit
370
244
215
346
0
EPS in ₹
4.72
3.11
2.74
4.41
0.00

Balance Sheet

Balance Sheet
2018
2019
2020
2021
Total Assets
20,378
24,530
27,652
30,293
Fixed Assets
314
303
282
266
Current Assets
4,587
3,283
4,249
2,910
Capital Work in Progress
3
0
0
0
Investments
1
1
1
1
Other Assets
20,060
24,227
27,370
30,027
Total Liabilities
20,378
24,530
27,652
30,293
Current Liabilities
2,963
3,225
4,127
4,470
Non Current Liabilities
15,002
18,741
21,004
22,828
Total Equity
2,413
2,564
2,522
2,996
Reserve & Surplus
1,629
1,780
1,737
2,211
Share Capital
785
785
785
785

Cash Flow

Cash Flow
2017
2018
2019
2020
2021
Net Cash Flow
1,081
-198
-1,319
431
-767
Investing Activities
-282
-53
-37
-0
-2
Operating Activities
-1,282
-1,846
-5,018
-1,709
-3,206
Financing Activities
2,644
1,701
3,736
2,141
2,441

Share Holding

% Holding
Nov 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Promoter
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
FIIs
0.00 %
1.88 %
1.36 %
2.70 %
2.02 %
1.85 %
DIIs
8.10 %
4.37 %
0.95 %
0.42 %
0.35 %
0.64 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
12.41 %
17.58 %
21.33 %
20.39 %
21.34 %
21.24 %
Others
4.50 %
1.17 %
1.36 %
1.49 %
1.28 %
1.27 %
No of Share Holders
5,26,355
13,67,950
21,47,270
22,43,290
26,16,560
26,19,360

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %

No dividends have been distributed by the company in the past 10 years

Corporate Action

Announcements

Announcement under Regulation 30 (LODR)-Change in Management3 hours ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release14 hours ago
Closure of Trading Window1 day ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release2 days ago
Board Meeting Outcome for Outcome Of Board Meeting Held On March 25 20252 days ago
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On March 25 20257 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
Board Meeting Outcome for Outcome Of The Board Meeting Held On 17.03.2025 And In Compliance Of Regulation 30 And 51(2) Of The SEBI (LODR) Regulations 201510 days ago
Board Meeting Intimation for Board Meeting Intimation To Consider The Proposal For Enhancement Of Borrowing Plan For FY 2024-25.Mar 11, 2025
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015Mar 08, 2025
Integrated Filing (Financial)Mar 03, 2025
Shareholder Meeting / Postal Ballot-Outcome of EGMFeb 24, 2025
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationFeb 24, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportFeb 24, 2025
IREDA Global Green Energy Finance IFSC Limited Received Certificate Of Registration For Commencing Business As A Finance Company At Gift City Gujarat.Feb 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 03, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On February 1 2025Feb 01, 2025
Intimation Of Notice Of 22Nd Extraordinary General Meeting (EGM) Of The Company Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jan 28, 2025
Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors (The Board) Of The Company Held On January 23 2025 Jan 23, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJan 21, 2025
Board Meeting Intimation for Raising Of Funds Through The Issuance Of Equity Shares By Way Of A Qualified Institutions Placement (QIP)Jan 17, 2025
Closure of Trading WindowJan 17, 2025
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJan 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 13, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJan 10, 2025
Results Financial Results For The Quarter And Nine Months Ended 31.12.2024Jan 09, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJan 09, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On January 09 2025 In Compliance With The Regulation 30 Of SEBI (LODR) Regulations 2015Jan 09, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 07, 2025
Intimation Of Change In The Name Of The CompanyS Registrar And Share Transfer Agent (RTA) From Link Intime India Private Limited To MUFG Intime India Private LimitedJan 06, 2025
Board Meeting Intimation for To Consider And Approve The Audited Financial Results Of The Company For The Quarter Ended December 31 2024Jan 03, 2025
Business Performance Upto December 31 2024 (Provisional)Dec 31, 2024
IREDA - Business Performance Upto December 31 2024 (Provisional)Dec 31, 2024
Closure of Trading WindowDec 27, 2024
Closure of Trading WindowDec 27, 2024
Announcement under Regulation 30 (LODR)-Change in ManagementDec 27, 2024
Announcement under Regulation 30 (LODR)-CessationDec 12, 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Oct 11, 2024
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 11, 2024
Approval For Setting Up Of A Wholly Owned Subsidiary Company By IREDA In Retail BusinessOct 10, 2024
Announcement under Regulation 30 (LODR)-Investor PresentationOct 10, 2024
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 10, 2024Oct 10, 2024
Financial Results For The Quarter And Half Year Ended 30.09.2024Oct 10, 2024
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 10, 2024Oct 10, 2024
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter & Half Year Ended September 30, 2024.Oct 01, 2024
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 27, 2024
Closure of Trading WindowSep 26, 2024
Approval Of The Alternative Mechanism For Raising Of Funds Through Qualified Institutions Placement RouteSep 18, 2024
Extension Of Additional Charge For The Post Of Director (Projects) To Director (Finance) IREDASep 12, 2024
Clarification /Confirmation On News Item Appearing In 'Media/PublicationSep 10, 2024

Technical Indicators

RSI(14)
Neutral
50.99
ATR(14)
Less Volatile
8.24
STOCH(9,6)
Neutral
77.40
STOCH RSI(14)
Overbought
85.69
MACD(12,26)
Bullish
3.85
ADX(14)
Weak Trend
23.75
UO(9)
Bearish
47.43
ROC(12)
Uptrend And Accelerating
12.30
WillR(14)
Neutral
-38.00

About IREDA

Indian Renewable Energy Development Agency Limited (IREDA) is a Public Limited Government Company established in 1987 as a Non-Banking Financial Institution. It operates under the Ministry of New and Renewable Energy (MNRE) and has 'Navratna' status. IREDA provides financial assistance for renewable energy projects in India, including wind, solar, hydro, biomass, and waste-to-energy. The company offers various financial products such as long-term and short-term loans, take-out financing, bridge loans, and non-fund based assistance. IREDA plays a strategic role in promoting and developing the renewable energy sector in India, implementing government initiatives and policies. In 2023, the Reserve Bank of India granted IREDA the status of an Infrastructure Finance Company.
Listing Date
29 Nov, 2023(1 Years, 27 days)
Chairperson NamePradeep Kumar Das