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indian renewable energy stock

INDIAN RENEWABLE ENERGY Share Price

211.13 -10.53 (-4.75%)
Oct 07 2024 03:30 PM Finance NSE: IREDA

INDIAN RENEWABLE ENERGY Share Price Update

As of the latest trading session, INDIAN RENEWABLE ENERGY share price is currently at 211.13, which is down by -10.53 from its previous closing. Today, the stock has fluctuated between 210.00 and 225.59. Over the past year, INDIAN RENEWABLE ENERGY has achieved a return of 269.43 %. In the last month alone, the return has been -5.86 %. Read More...

INDIAN RENEWABLE ENERGY Performance

Day Range

Low210.00 High225.59
211.13

52 Week Range

Low 50.00 High 310.00
211.13

INDIAN RENEWABLE ENERGY Share Price

20261

544026

IREDA

img img img img
No Data Available

Open Price

223.98

Prev. Close

221.66

Volume (Shares)

9926924.00

Total traded value

20958.71

Upper Circuit

265.99

Lower Circuit

177.32

Note: The current prices & values are delayed, Login to your account for live updates.

INDIAN RENEWABLE ENERGY Fundamentals


(Standalone)

Market Cap (Cr) 16565.26
PE Ratio (TTM) 44.44
Book Value / Share 31.84
Beta 1.39
ROE 17.28%
EPS (TTM) 4.99
Dividend Yield 0.00%
Net Profit Qtr (Cr) 383.69

INDIAN RENEWABLE ENERGY Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition

Revenue

Net income

Particulars JUN 2024 (Values in Cr)
Revenue 1503.62
Operating Expense 2009.90
Net Profit 383.69
Net Profit Margin (%) 25.51
Earnings Per Share (EPS) 1.43
EBITDA 1459.30
Effective Tax Rate (%) 19.34
Particulars MAR 2024 (Values in Cr)
Revenue 1339.77
Operating Expense 1759.21
Net Profit 337.38
Net Profit Margin (%) 25.18
Earnings Per Share (EPS) 1.25
EBITDA 1336.02
Effective Tax Rate (%) 29.66
Particulars DEC 2023 (Values in Cr)
Revenue 1236.16
Operating Expense 1627.03
Net Profit 335.54
Net Profit Margin (%) 27.14
Earnings Per Share (EPS) 1.38
EBITDA 1154.32
Effective Tax Rate (%) 13.10
Particulars SEP 2023 (Values in Cr)
Revenue 1164.36
Operating Expense 1590.21
Net Profit 284.73
Net Profit Margin (%) 24.45
Earnings Per Share (EPS) 1.25
EBITDA 1180.19
Effective Tax Rate (%) 25.04
Particulars JUN 2023 (Values in Cr)
Revenue 1130.87
Operating Expense 1467.70
Net Profit 294.58
Net Profit Margin (%) 26.04
Earnings Per Share (EPS) 1.29
EBITDA 1209.17
Effective Tax Rate (%) 32.97
Particulars MAR 2024 (Values in Cr)
Revenue 4871.16
Operating Expense 6444.15
Net Profit 1252.23
Net Profit Margin (%) 25.70
Earnings Per Share (EPS) 5.16
EBITDA 4879.69
Effective Tax Rate (%) 25.69
Particulars MAR 2023 (Values in Cr)
Revenue 3423.59
Operating Expense 4432.24
Net Profit 864.63
Net Profit Margin (%) 25.25
Earnings Per Share (EPS) 3.78
EBITDA 3251.19
Effective Tax Rate (%) 24.10
Particulars MAR 2022 (Values in Cr)
Revenue 2818.13
Operating Expense 3627.56
Net Profit 633.53
Net Profit Margin (%) 22.48
Earnings Per Share (EPS) 8.03
EBITDA 2444.33
Effective Tax Rate (%) 24.02
Particulars MAR 2021 (Values in Cr)
Revenue 2585.64
Operating Expense 3658.49
Net Profit 346.41
Net Profit Margin (%) 13.39
Earnings Per Share (EPS) 4.42
EBITDA 2162.45
Effective Tax Rate (%) 39.17
Particulars MAR 2020 (Values in Cr)
Revenue 2367.32
Operating Expense 3590.48
Net Profit 214.55
Net Profit Margin (%) 9.06
Earnings Per Share (EPS) 2.73
EBITDA 1723.13
Effective Tax Rate (%) 11.01
Particulars MAR 2024 (Values in Cr)
Book Value / Share 31.85
ROE % 17.28
ROCE % 9.29
Total Debt to Total Equity 6.20
EBITDA Margin 98.28
Particulars MAR 2023 (Values in Cr)
Book Value / Share 25.98
ROE % 15.44
ROCE % 8.17
Total Debt to Total Equity 6.05
EBITDA Margin 93.34
Particulars MAR 2022 (Values in Cr)
Book Value / Share 23.06
ROE % 15.33
ROCE % 8.09
Total Debt to Total Equity 6.25
EBITDA Margin 85.05
Particulars MAR 2021 (Values in Cr)
Book Value / Share 38.17
ROE % 12.56
ROCE % 8.06
Total Debt to Total Equity 8.31
EBITDA Margin 81.36
Particulars MAR 2020 (Values in Cr)
Book Value / Share 32.14
ROE % 8.41
ROCE % 6.91
Total Debt to Total Equity 7.95
EBITDA Margin 72.63
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 603.31
Total Assets 30293.39
Total Liabilities 30293.39
Total Equity 2995.59
Share Outstanding 784600000
Price to Book Ratio 0.00
Return on Assets (%) 1.14
Return on Capital (%) 1.28
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 1575.71
Total Assets 27652.36
Total Liabilities 27652.36
Total Equity 2521.75
Share Outstanding 784600000
Price to Book Ratio 0.00
Return on Assets (%) 0.77
Return on Capital (%) 0.88
Particulars MAR 2019 (Values in Cr)
Cash & Short Term Investments 1051.95
Total Assets 24530.17
Total Liabilities 24530.17
Total Equity 2564.14
Share Outstanding 784600000
Price to Book Ratio 0.00
Return on Assets (%) 0.99
Return on Capital (%) 1.15
Particulars MAR 2018 (Values in Cr)
Cash & Short Term Investments 2397.07
Total Assets 20377.87
Total Liabilities 20377.87
Total Equity 2413.23
Share Outstanding 784600000
Price to Book Ratio 0.00
Return on Assets (%) 1.81
Return on Capital (%) 2.13
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 735.88
Total Assets 62600.41
Total Liabilities 62600.41
Total Equity 8559.42
Share Outstanding 2687764706
Price to Book Ratio 4.27
Return on Assets (%) 2.00
Return on Capital (%) 2.15
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 954.69
Total Assets 50447.00
Total Liabilities 50447.00
Total Equity 5935.16
Share Outstanding 2284600000
Price to Book Ratio 0.00
Return on Assets (%) 1.71
Return on Capital (%) 1.88
Particulars MAR 2021 (Values in Cr)
Net Income 569.51
Cash from Operations -3054.02
Cash from Investing -2.09
Cash from Financing 2441.17
Net change in Cash -767.34
Free Cash Flow -3051.92
Particulars MAR 2020 (Values in Cr)
Net Income 241.11
Cash from Operations -1538.74
Cash from Investing -0.15
Cash from Financing 2140.58
Net change in Cash 431.05
Free Cash Flow -1538.56
Particulars MAR 2019 (Values in Cr)
Net Income 150.89
Cash from Operations -4583.94
Cash from Investing -36.51
Cash from Financing 3426.24
Net change in Cash -1306.81
Free Cash Flow -4547.42
Particulars MAR 2018 (Values in Cr)
Net Income 363.34
Cash from Operations -1729.10
Cash from Investing -53.41
Cash from Financing 1708.32
Net change in Cash -198.19
Free Cash Flow -1675.69
Particulars MAR 2024 (Values in Cr)
Net Income 1685.23
Cash from Operations -10727.28
Cash from Investing -23.16
Cash from Financing 11058.56
Net change in Cash -64.23
Free Cash Flow -10710.99
Particulars MAR 2023 (Values in Cr)
Net Income 1139.24
Cash from Operations -12088.54
Cash from Investing -17.20
Cash from Financing 12367.64
Net change in Cash 7.27
Free Cash Flow -12083.91
Particulars MAR 2022 (Values in Cr)
Net Income 833.83
Cash from Operations -4947.51
Cash from Investing -107.12
Cash from Financing 5271.39
Net change in Cash -89.84
Free Cash Flow -4942.50
Particulars MAR 2021 (Values in Cr)
Net Income 569.51
Cash from Operations -3054.02
Cash from Investing -2.09
Cash from Financing 2441.17
Net change in Cash -767.34
Free Cash Flow -3051.92
Particulars MAR 2020 (Values in Cr)
Net Income 241.11
Cash from Operations -1538.74
Cash from Investing -0.15
Cash from Financing 2140.58
Net change in Cash 431.05
Free Cash Flow -1538.56
Company Name Price P/E P/B Market Cap 52 Week Low/High
ALFRED HERBERT (INDIA) LTD. 1600.15 0.00 1.02 123.21 755.75 / 1889.00
BAJAJ HOLDINGS & INVS LTD 10360.15 15.45 2.12 115298.11 6634.60 / 11348.50
TATA INVESTMENT CORP LTD 6626.55 90.80 1.11 33527.23 2885.05 / 9744.40
MAX FINANCIAL SERV LTD 1162.95 105.72 10.38 40135.12 855.10 / 1212.15
Naperol Investments Limited 1597.00 25.91 1.00 917.80 801.00 / 2041.00
Company Name Price P/E P/B Market Cap 52 Week Low/High
ALFRED HERBERT (INDIA) LTD. 1600.15 463.81 1.12 123.21 755.75 / 1889.00
ARAVALI SECURITIES & FINANCE L 4.71 0.00 -11.31 7.14 3.20 / 7.89
Bagalkot Udyog Ltd 23.90 0.00 -27.43 20.32 0.00 / 0.00
BAJAJ HOLDINGS & INVS LTD 10360.15 39.66 6.12 115298.11 6634.60 / 11348.50

Technicals

  • EMA & SMA
  • Resistance and Support
  • Price Change Analysis
- redarrow -
red-green-graph indicator
Bullish Moving Averages -
Bearish Moving Averages -
  • 5 Days 225.80
  • 26 Days 232.60
  • 10 Days 227.50
  • 50 Days 239.70
  • 12 Days 227.40
  • 100 Days 222.20
  • 20 Days 229.00
  • 200 Days 132.60
222.12
PIVOT
First Resistance 226.23
Second Resistance 230.81
Third Resistance 234.92
First Support 217.54
Second Support 213.43
Third Support 208.85
RSI 38.38
MACD -5.18
Commodity Channel Index (CCI) -170.96
ADX 36.71
Williams % R -77.27

Over 1 Month

down

-5.86

Over 3 Months

down

0.53

Over 6 Months

down

39.98

Over 1 Year

down

269.43

Over 3 Years

down

0.00

Over 5 Years

down

0.00

  

 

INDIAN RENEWABLE ENERGY Shareholding Pattern

  • Shareholding Summary
  • Historical Promotor Holding
  • Historical MF Holding
  • Historical FII Holding

Holding

Others
22.06
Promoter Holdings
75.0
FII
2.69
DII
0.23
Promoter Shares(Pledge Percentage)
0.0
Name Category Shares Shares%
President Of India, Through Secretary Mnre Shareholding of Promoter and Promoter Group 2.015823529E9 75.0

INDIAN RENEWABLE ENERGY

  • Dividend
  • Bonus
  • Split
Ex-Date Dividend Amt. Dividend Type Record Date Instrument Type
Ex-Date Ex-Bonus Ratio
Ex-Date Old FV NEW FV Record Date

IREDA Overview


The Indian Renewable Energy Development Agency Ltd (IREDA) is a state-owned financial institution dedicated to promoting, developing, and extending financial support for renewable energy and energy efficiency projects across India. As a pioneer in green financing,IREDA plays a crucial role in advancing the country's commitment to sustainable development and clean energy initiatives.
 

  • IREDA announced Q4 results for FY24, reporting a net profit of ₹337.37 crore, a 33% YoY increase.
  • The company achieved a record annual PAT of ₹1,252.23 crore, up by 44.83% from the previous year.
  • IREDA's NPAs reduced significantly to 0.99% in FY 2023-24 from 1.66% in FY 2022-23.
  • The loan book expanded by 26.81% to ₹59,698.11 crore as of March 31, 2024.
  • Annual loan sanctions reached an all-time high of ₹37,353.68 crore and disbursements were ₹25,089.04 crore in FY 2023-24, marking the highest in the company's history.


The board of the state-owned Indian Renewable Energy Development Agency Ltd (IREDA) approved a borrowing plan of ₹24,200 crore for the fiscal year 2024-25. This funding, detailed in a regulatory filing, is set to be raised through various financial instruments including bonds, perpetual debt instruments (PDI), term loans, commercial papers, and external commercial borrowings (ECB). Additionally, the Ministry of New & Renewable Energy has assigned Bijay Kumar Mohanty, currently the Director (Finance) at IREDA, the additional charge of Director (Technical) for six months or until a permanent appointment is made.

IREDA Share Price
 

The IREDA share price reflects the company's strong financial foundation and its commitment to fostering the renewable energy sector in India With consistent revenue growth and an expanding loan book, IREDA has established itself as a reliable player in the green financing space. Investors looking to capitalize on the growth of renewable energy in India should keep a close eye on the Indian Renewable Energy share price, as IREDA continues to achieve new milestones.

IREDA Share Result Highlights


The latest financial results of IREDA for Q1 FY 2024-25 showcase the company's impressive performance. IREDA reported a Profit After Tax (PAT) of Rs. 383.69 crore, marking a year-on-year growth of 30.25%. Revenue from operations also saw a significant rise, with a 32.11% increase to Rs. 1,510.71 crore. The company's loan sanctions surged by an astounding 386.68%, reaching Rs. 9,210.22 crore. These figures underscore the positive trajectory of IREDA's financials, making the Indian Renewable Energy share price a compelling investment opportunity.

IREDA Dividend


IREDA's consistent financial performance has positioned the company as a potential dividend-yielding stock While the company continues to reinvest profits into expanding its loan book and supporting renewable energy projects, investors are optimistic about the possibility of dividends in the future. The strength of IREDA's financials, coupled with its strategic importance in India's renewable energy landscape, makes the Indian Renewable Energy share price attractive for those seeking long-term value and potential dividend income.

IREDA Share Annual Report


The IREDA Annual Report provides a comprehensive overview of the company's financial health, strategic initiatives, and future plans. It highlights key achievements, such as the significant reduction in Net Non-Performing Assets (NPAs) to 0.95% and the growth in net worth to Rs. 9,110.19 crore, a 44.83% year-on-year increase. Investors can gain valuable insights from the annual report, which reflects the company's commitment to driving India's renewable energy sector. The detailed analysis within the report further emphasizes the positive outlook for the Indian Renewable Energy share price.

IREDA Key Points
 

  • Profit Growth: IREDA achieved a 30.25% year-on-year growth in Profit After Tax (PAT) in Q1 FY 2024-25, reaching Rs. 383.69 crore.
  • Revenue Increase: The company saw a 32.11% increase in revenue from operations, totaling Rs. 1,510.71 crore.
  • Loan Expansion: IREDA's loan sanctions grew by 386.68%, amounting to Rs. 9,210.22 crore, with disbursements rising by 67.84% to Rs. 5,325.88 crore.
  • Net Worth: IREDA's net worth as of June 30, 2024, stood at Rs. 9,110.19 crore, a 44.83% increase from the previous year.
  • NPA Reduction: The company significantly reduced its Net Non-Performing Assets (NPAs) to 0.95% from 1.61% in the previous year, indicating strong asset quality.

Learn More About Stocks

About INDIAN RENEWABLE ENERGY

Read More
  • Management structure
  • Board of directors
  • Committees of the board of directors

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Frequently Asked Questions

What is the Share Price of IREDA?

Answer Field

The share price of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 240.6 and for BSE is ₹ 240.1

What is the Market Cap of Indian Renewable Energy Development Agency Ltd?

Answer Field

The market cap of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 1,88,77.48 Cr. and for BSE is ₹ 1,88,38.25 Cr. as of now.

What is the 52W High and 52W Low of IREDA

Answer Field

The 52 Week High and Low of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 310.00 and ₹ 50.00 and for BSE is ₹ 310.00 and ₹ 49.99.

How to Buy IREDA Share?

Answer Field

You can trade in Indian Renewable Energy Development Agency Ltd shares with Bajaj Broking by opening a Demat Account.

What is one year return for IREDA Stock?

Answer Field

The 1 year returns on the stock has been 307.83%.

What is the P/E Ratio?

Answer Field

The price-to-earnings (P/E) ratio is a metric that compares a stock's price to its annual earnings per share (EPS).

What is the P/E Ratio of IREDA Share in 2024?

Answer Field

As of August 11, 2024, the price-to-earnings (P/E) ratio for Indian Renewable Energy Development Agency Ltd (IREDA) was 48.8. 

What is the PB Ratio?

Answer Field

The price-to-book (P/B) ratio, also known as the price-to-book value ratio (PBV ratio), is a financial metric that compares a company's market price per share to its book value per share.

What is the PB Ratio of IREDA Share in 2024?

Answer Field

As of August 10, 2024, the PB ratio for Indian Renewable Energy Development Agency Ltd (IREDA) was 6.98. 

How to Buy IREDA Share on Bajaj Broking APP?

Answer Field

To buy IREDA shares on the Bajaj Broking app, follow these steps:

  • Login to the Bajaj Broking App

  • Click on the Search Icon

  • Search “IREDA”

  • Click on the BUY icon

  • Place a buy order specifying the desired quantity of shares.

  • Click BUY again to complete the purchase

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