IREDA

139.85
-1.41
(-1.00%)
Market Cap
37,588.39 Cr
EPS
4.41
PE Ratio
116.40
Dividend Yield
0.00 %
52 Week High
310.00
52 Week low
121.05
PB Ratio
6.56
Debt to Equity
8.31
Add Ratio

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
Buy50.00 %
50.00 %
Hold0.0 %
0.0 %
Sell50.00 %
50.00 %

Company News

View All News
Caret
neutral
Ireda Board to Consider Enhanced Borrowing Plan for FY 2024-253 days ago
The Board of Directors of Indian Renewable Energy Development Agency Limited (Ireda) is scheduled to meet on March 17 to discuss and potentially approve an increase in the company's borrowing plan for the fiscal year 2024-25. This meeting suggests that Ireda may be planning to expand its financial capacity, possibly to support more renewable energy projects or initiatives in the coming fiscal year.
neutral
IREDA Board Meeting to Consider Enhanced Borrowing Plan for FY 2024-253 days ago
Indian Renewable Energy Development Agency (IREDA) has announced a board meeting scheduled for March 17. The primary agenda of this meeting is to consider a proposal for enhancing the company's borrowing plan for the fiscal year 2024-25.
negative
Indian Renewable Energy Development Agency: RBI Rejects Equity Investment in Nepal Hydro Project5 days ago
RBI has not approved IREDA's request to invest ₹174.22 crore for a 5% stake in the 900 MW Upper Karnali Hydro Electric Power Project in Nepal. IREDA plans to appeal the decision. The company had previously received DIPAM approval for this investment.
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
117.69 1,53,803.25 23.83 26,656.00 12.18 6,412 1.99 39.89
388.35 1,28,159.45 5.86 91,586.20 17.81 26,461 23.28 47.05
406.65 1,07,080.05 6.76 47,571.20 20.37 14,146 23.21 48.91
139.85 37,588.39 116.40 2,658.60 12.06 346 26.80 27.39
180.76 36,186.34 13.52 7,948.10 12.16 2,117 41.56 43.22
40.70 10,637.32 141.93 2,114.80 22.36 241 -122.14 33.78
139.35 1,290.32 15.69 254.30 -1.62 85 -8.80 43.76
16.40 146.16 - 21.50 49.31 -119 -4.28 35.81
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) %

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

Corporate Action

Announcements

Board Meeting Intimation for Board Meeting Intimation To Consider The Proposal For Enhancement Of Borrowing Plan For FY 2024-25.
3 days ago
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015
6 days ago
Integrated Filing (Financial)
Mar 03, 2025, 19:47
Shareholder Meeting / Postal Ballot-Outcome of EGM
Feb 24, 2025, 18:35
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Feb 24, 2025, 18:28
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Feb 24, 2025, 18:12
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, 15:47
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 03, 2025, 16:32
Board Meeting Outcome for Outcome Of Board Meeting Held On February 1 2025
Feb 01, 2025, 13:50
Intimation Of Notice Of 22Nd Extraordinary General Meeting (EGM) Of The Company Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Jan 28, 2025, 16:31
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, 13:28
Announcement under Regulation 30 (LODR)-Change in Management
Jan 21, 2025, 10:24
Board Meeting Intimation for Raising Of Funds Through The Issuance Of Equity Shares By Way Of A Qualified Institutions Placement (QIP)
Jan 17, 2025, 21:20
Closure of Trading Window
Jan 17, 2025, 21:09
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Jan 16, 2025, 19:26
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Jan 13, 2025, 11:06
Announcement under Regulation 30 (LODR)-Newspaper Publication
Jan 10, 2025, 15:46
Results Financial Results For The Quarter And Nine Months Ended 31.12.2024
Jan 09, 2025, 21:24
Announcement under Regulation 30 (LODR)-Investor Presentation
Jan 09, 2025, 21:14
Board Meeting Outcome for Outcome Of Board Meeting Held On January 09 2025 In Compliance With The Regulation 30 Of SEBI (LODR) Regulations 2015
Jan 09, 2025, 20:32
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Jan 07, 2025, 20:01
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 Limited
Jan 06, 2025, 12:32
Board Meeting Intimation for To Consider And Approve The Audited Financial Results Of The Company For The Quarter Ended December 31 2024
Jan 03, 2025, 14:38
Business Performance Upto December 31 2024 (Provisional)
Dec 31, 2024, 22:48
IREDA - Business Performance Upto December 31 2024 (Provisional)
Dec 31, 2024, 22:38
Closure of Trading Window
Dec 27, 2024, 16:36
Closure of Trading Window
Dec 27, 2024, 16:07
Announcement under Regulation 30 (LODR)-Change in Management
Dec 27, 2024, 14:26
Announcement under Regulation 30 (LODR)-Cessation
Dec 12, 2024, 20:03
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Oct 11, 2024, 16:01
Announcement under Regulation 30 (LODR)-Newspaper Publication
Oct 11, 2024, 15:31
Approval For Setting Up Of A Wholly Owned Subsidiary Company By IREDA In Retail Business
Oct 10, 2024, 18:43
Announcement under Regulation 30 (LODR)-Investor Presentation
Oct 10, 2024, 17:31
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 10, 2024
Oct 10, 2024, 17:12
Financial Results For The Quarter And Half Year Ended 30.09.2024
Oct 10, 2024, 16:46
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 10, 2024
Oct 10, 2024, 16:26
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, 15:38
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Sep 27, 2024, 18:35
Closure of Trading Window
Sep 26, 2024, 15:07
Approval Of The Alternative Mechanism For Raising Of Funds Through Qualified Institutions Placement Route
Sep 18, 2024, 16:44
Extension Of Additional Charge For The Post Of Director (Projects) To Director (Finance) IREDA
Sep 12, 2024, 19:02
Clarification /Confirmation On News Item Appearing In 'Media/Publication
Sep 10, 2024, 17:56
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sep 10, 2024, 17:05
Clarification sought from Indian Renewable Energy Development Agency Ltd
Sep 10, 2024, 14:15
Announcement under Regulation 30 (LODR)-Credit Rating
Aug 29, 2024, 17:43
Board Meeting Outcome for The Board Of Directors Of Indian Renewable Energy Development Agency Limited (IREDA) In Its Meeting Held Today I.E., Thursday, August 29, 2024 Has Considered And Accorded In-Principal Approval For Raising Of Funds By Way Of Equity Capital.
Aug 29, 2024, 13:46
Board Meeting Intimation for To Consider And Approve The Proposal For Raising Of Funds By Way Of Equity Share Capital
Aug 21, 2024, 17:35
Announcement under Regulation 30 (LODR)-Change in Management
Jul 31, 2024, 18:20
Clarification Sought By NSE Vide Email Dated July 18, 2024 For The Announcement Dated July 16,2024 Submitted By The Company
Jul 20, 2024, 12:23
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
Jul 16, 2024, 17:34

Technical Indicators

RSI(14)
Neutral
27.39
ATR(14)
Less Volatile
7.80
STOCH(9,6)
Oversold
8.64
STOCH RSI(14)
Oversold
6.18
MACD(12,26)
Bearish
-0.86
ADX(14)
Strong Trend
29.67
UO(9)
Bearish
32.30
ROC(12)
Downtrend And Accelerating
-21.14
WillR(14)
Oversold
-98.68

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, 14 days)
Chairperson NamePradeep Kumar Das