Indian Renewable Energy Development Agency Ltd. (IN:IREDA)
:IREDA
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Indian Renewable Energy Development Agency Ltd.
(IREDA)
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Rating:62Neutral
Price Target:
₹144.00
▲(25.27% Upside)
Action:ReiteratedDate:11/01/25
The overall stock score of 62 reflects strong profitability and revenue growth, offset by high leverage and negative cash flows. Technical indicators suggest a neutral trend, and the valuation is moderate. The absence of earnings call and corporate events data limits additional insights.
Positive Factors
Revenue Growth
Sustained ~29% revenue growth indicates expanding lending activity and growing project pipelines in renewables. Over 2–6 months this trend supports repeatable interest income, scale benefits in underwriting and fee income, and signals durable demand for green project financing.
Negative Factors
High Leverage
A high debt-to-equity ratio indicates significant leverage that raises refinancing and solvency risk over time. If interest rates rise or funding tightens, debt servicing costs can compress margins and constrain new lending, weakening long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained ~29% revenue growth indicates expanding lending activity and growing project pipelines in renewables. Over 2–6 months this trend supports repeatable interest income, scale benefits in underwriting and fee income, and signals durable demand for green project financing.
Read all positive factors
Indian Renewable Energy Development Agency Ltd. (IREDA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹387.53B
Dividend YieldN/A
Average Volume (3M)892.38K
Price to Earnings (P/E)16.8
Beta (1Y)1.81
Revenue Growth29.45%
EPS Growth19.37%
CountryIN
Employees160
SectorEnergy
Sector Strength52
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)N/A
Shares Outstanding2,809,231,200
10 Day Avg. Volume847,756
30 Day Avg. Volume892,382
Financial Highlights & Ratios
PEG Ratio1.13
Price to Book (P/B)4.21
Price to Sales (P/S)6.52
P/FCF Ratio-2.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)8.3
Revenue Forecast (FY)₹42.00B
Indian Renewable Energy Development Agency Ltd. Business Overview & Revenue Model
Company Description
Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. It operates in two segments, Financing and Generation. Th...
How the Company Makes Money
IREDA makes money primarily as a lender. Its core revenue comes from interest income earned on loans and other credit facilities it extends to renewable energy and energy efficiency projects; the spread between its yield on advances and its cost o...
Indian Renewable Energy Development Agency Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.08B | 66.19B | 48.38B | 33.43B | 27.80B | 25.56B |
| Gross Profit | 59.00B | 43.10B | 27.52B | 21.01B | 20.26B | 18.48B |
| EBITDA | 55.72B | 40.39B | 28.51B | 20.61B | 17.38B | 14.92B |
| Net Income | 17.23B | 16.98B | 12.52B | 8.65B | 6.34B | 3.46B |
Balance Sheet | ||||||
| Total Assets | 877.94B | 797.35B | 626.00B | 504.47B | 367.08B | 302.93B |
| Cash, Cash Equivalents and Short-Term Investments | 10.01B | 11.24B | 6.88B | 9.12B | 5.27B | 6.03B |
| Total Debt | 699.39B | 647.40B | 506.91B | 401.70B | 276.18B | 233.56B |
| Total Liabilities | 748.74B | 694.68B | 540.41B | 445.12B | 314.40B | 272.98B |
| Stockholders Equity | 129.20B | 102.67B | 85.59B | 59.35B | 52.68B | 29.96B |
Cash Flow | ||||||
| Free Cash Flow | 17.08B | -144.85B | -111.23B | 11.93B | 8.78B | 7.34B |
| Operating Cash Flow | 17.16B | -144.60B | -111.00B | 12.11B | 8.86B | 7.36B |
| Investing Cash Flow | -83.54B | -5.18B | -231.62M | -172.09M | -62.34B | -41.50B |
| Financing Cash Flow | 69.40B | 149.60B | 110.59B | 123.68B | 52.71B | 24.41B |
Indian Renewable Energy Development Agency Ltd. Technical Analysis
Positive
114.95
Price Trends
121.46
Positive
129.50
Positive
141.05
Negative
Market Momentum
2.25
Negative
68.54
Neutral
94.79
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IREDA, the sentiment is Positive. The current price of 114.95 is below the 20-day moving average (MA) of 118.80, below the 50-day MA of 121.46, and below the 200-day MA of 141.05, indicating a neutral trend. The MACD of 2.25 indicates Negative momentum. The RSI at 68.54 is Neutral, neither overbought nor oversold. The STOCH value of 94.79 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:IREDA.
Indian Renewable Energy Development Agency Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ₹1.57T | 4.66 | ― | 4.62% | 11.04% | 13.09% | |
75 Outperform | ₹995.75B | 5.80 | ― | 5.56% | 14.63% | 10.18% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
62 Neutral | ₹387.53B | 16.79 | ― | ― | 29.45% | 19.37% | |
61 Neutral | ₹721.23B | 20.15 | ― | 0.91% | 10.78% | 12.41% | |
56 Neutral | ₹20.17B | 11.02 | ― | ― | -15.30% | 92.21% | |
55 Neutral | ₹165.13B | -220.42 | ― | ― | -11.76% | 357.49% |
* Energy Sector Average
IN:IREDA
Indian Renewable Energy Development Agency Ltd.
138.05
-30.05
-17.88%
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Indian Renewable Energy Development Agency Ltd. Corporate Events
IREDA Closes Trading Window Ahead of FY 2026 Results
Mar 26, 2026
Indian Renewable Energy Development Agency Limited has announced the closure of its trading window for equity shares and listed debt securities from April 1, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations and its intern...
IREDA Board to Weigh Interim Dividend, Extends Trading Window Closure
Mar 19, 2026
Indian Renewable Energy Development Agency Limited has notified the stock exchanges that its board of directors will meet on March 25, 2026 to consider a proposal for declaring an interim dividend for the financial year 2025-26. The move signals p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.