What is the Share Price of Indian Renewable Energy Development Agency Ltd?
- Answer Field
-
The share price of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 167.06 and for BSE is ₹ 167.05.
BAJAJ BROKING
Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply
As of the latest trading session, INDIAN RENEWABLE ENERGY share price is currently at ₹ 167.06, which is down by ₹ -1.05 from its previous closing. Today, the stock has fluctuated between ₹ 164.60 and ₹ 168.49. Over the past year, INDIAN RENEWABLE ENERGY has achieved a return of -7.32 %. In the last month alone, the return has been 4.63 %. Read More...
Particulars | MAR 2025 (Values in Cr) |
---|---|
Revenue | 1893.08 |
Operating Expense | 2388.47 |
Net Profit | 501.79 |
Net Profit Margin (%) | 26.50 |
Earnings Per Share (EPS) | 1.87 |
EBITDA | 1744.43 |
Effective Tax Rate (%) | 20.34 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.33 | 1.25 | 154.00 | 1125.25 / 2350.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 18.26 | 2.29 | 137172.72 | 7667.15 / 13221.50 |
TATA INVESTMENT CORP LTD | 6075.75 | 98.50 | 0.98 | 30740.44 | 5147.15 / 8075.90 |
MAX FINANCIAL SERV LTD | 1308.25 | 179.21 | 8.73 | 45149.64 | 864.30 / 1311.30 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.71 | 1.40 | 154.00 | 1125.25 / 2350.00 |
ARAVALI SECURITIES & FINANCE L | 3.89 | 0.00 | -7.62 | 5.89 | 3.44 / 7.89 |
Bagalkot Udyog Ltd | 23.90 | 0.00 | -27.43 | 20.32 | 0.00 / 0.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 57.02 | 6.70 | 137172.72 | 7667.15 / 13221.50 |
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.
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.
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.
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'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.
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.
Who is the CEO of IREDA?
Pradip Kumar Das is the Chairman and Managing Director of Indian Renewable Energy Development Agency Limited, also known as IREDA.
When was IREDA established?
IREDA was established in 1987 with the aim of promoting, developing, and financing renewable energy and energy efficiency projects nationwide.
What factors influence the IREDA Share Price?
Factors like government policies, company financials, renewable energy market demand, and global energy dynamics significantly influence the IREDA Share Price.
Is IREDA debt-free?
No, IREDA is not debt-free because it finances renewable energy projects and requires structured borrowing to maintain operational sustainability.
What is the CAGR of IREDA Share?
The Compound Annual Growth Rate of IREDA Share for the last year is approximately five percent, based on available performance data.
How has the IREDA Share Price performed over the past year?
Over the past year, IREDA Share Price has demonstrated a stable performance with a Compound Annual Growth Rate of about five percent.
Indian Renewable Energy Development Agency Limited (IREDA) was incorporated on March 11, 1987 as a Public Limited Company and obtained the Certificate of Commencement of Business dated March 21, 1987. The Company was notified as a Public Financial Institution on October 17, 1995, by the Department of Company Affairs, Ministry of Finance, GoI. Further, the Reserve Bank of India granted a Certificate of Registration to the Company on January 23, 2008, permitting to carry on the business of Non-Banking Financial Company without accepting public deposits.
IREDA is a pioneering financial institution with more than 36 years of experience in the Indian renewable energy sector. The Company provides financial assistance to renewable energy projects, companies and manufacturers in India for power generation, equipment supply and fuel source projects including wind power, solar power, hydro power, biomass, co-generation and waste to energy as well as energy efficiency and conservation.
The Company provides comprehensive suite of financial products and services includes various fund-based financial products including long-term and short-term project and manufacturing loans, take out financing, bridge loans and bill discounting, and non-fund based assistance, like performance guarantees, letters of comfort, letters of undertaking and refinancing schemes.
The Company is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: 'ENERGY FOR EVER'.
The Company was established as an integral part of, and have played a strategic role in, the GoI's initiatives for the promotion and development of the renewable energy sector in India. It has been involved in the development and implementation of various policies and structural and procedural reforms in the renewable energy sector. Under the IREDA-NCEF Refinancing Scheme, the Company utilizes funds received from the National Clean Energy Fund (NCEF) to refinance renewable energy projects for bio-mass (up to 10MW) and small hydro (up to 5MW). It has also been involved in various GoI programs for the development of renewable energy sector including the Wind GBI Scheme, the Solar GBI Scheme and the Solar Water Heating System Capital Subsidy Scheme.
IREDA commissioned one large Hydro Project of 1200 MW under consortium financing in FY 2016-17. 50 MW Solar Project of IREDA situated at Kasargod, in the state of Kerala was installed and commissioned in September, 2017.
In 2019-20, Short Term Loan Facility to Govt. Bodies/ DISCOMS/Transcos/State Owned Trading Companies' was introduced for meeting RPO Compliance/Procurement of RE Power/Payment to RE Generators/Setting up RE Infrastructure (including transmission lines). A Scheme for 'Loan against Securitization of future GBI receivables in case of Grid Connected Wind & Solar Projects' was introduced to provide loan against Securitization of future GBI receivables of Wind & Solar projects registered under GBI scheme of MNRE. Financing Scheme for 'Setting up of New distillery / Expansion of existing distillery for production of Ethanol using Sugarcane Juice / Sugar / Sugar Syrup /B-Heavy Molasses/ C-Heavy Molasses/ Damaged Food Grains' was introduced to provide financial assistance for setting up of new Distillery or expansion of existing Distillery for manufacturing of Ethanol, which in turn promote blending of biofuel in petroleum for reduction in pollution levels and addressing the issues of sugar demand - supply chain.
The Reserve Bank of India granted an Infrastructure Finance Company' status to IREDA in 2023.
The share price of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 167.06 and for BSE is ₹ 167.05.
The market cap of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 1,31,07.53 Cr. and for BSE is ₹ 1,31,06.74 Cr. as of now.
The 52 Week High and Low of Indian Renewable Energy Development Agency Ltd for NSE is ₹ 310.00 and ₹ 137.01 and for BSE is ₹ 310.00 and ₹ 137.00.
You can trade in Indian Renewable Energy Development Agency Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -7.32%.
Indian Renewable Energy Development Agency Ltd share price is for NSE ₹ 167.06 & for BSE ₹ 167.05 as on Apr 30 2025 03:30 PM.
The market cap of Indian Renewable Energy Development Agency Ltd for NSE ₹ 1,31,07.53 & for BSE ₹ 1,31,06.74 as on Apr 30 2025 03:30 PM.
As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Indian Renewable Energy Development Agency Ltd share is 26.60.
As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Indian Renewable Energy Development Agency Ltd share is 38.19.
You can trade in Indian Renewable Energy Development Agency Ltd shares with Bajaj Broking by opening a demat account.
To buy Indian Renewable Energy Development Agency Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Indian Renewable Energy Development Agency Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
No results found