Indian Renewable Energy Development Agency Ltd. (IREDA) AI Stock Analysis

• Market Cap: ₹424.33B
• Dividend Yield: N/A
• Average Volume (3M): 892.38K
• Price to Earnings (P/E): 23.9
• Beta (1Y): 2.35
• Revenue Growth: 33.44%
• EPS Growth: 17.49%
• Country: IN
• Employees: 160
• Sector: Energy
• Sector Strength: 52
• Industry: Financial - Credit Services
• EPS (TTM): 1.96
• Shares Outstanding: 2,809,231,200
• 10 Day Avg. Volume: 847,756
• 30 Day Avg. Volume: 892,382
• PEG Ratio: 1.13
• Price to Book (P/B): 4.21
• Price to Sales (P/S): 6.48
• P/FCF Ratio: -2.98
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ₹165.00 ▲(7.42% Upside)

The overall stock score of 66 reflects strong financial performance with profitability and revenue growth, but is tempered by high leverage and negative cash flows. Technical analysis shows moderate momentum, while valuation indicates the stock is fairly priced. The absence of earnings call data and corporate events limits further insights.

Indian Renewable Energy Development Agency Ltd. Business Overview & Revenue Model

Company Description

Indian Renewable Energy Development Agency Ltd. (IREDA) is a public sector financial institution established in 1987, dedicated to promoting and financing renewable energy projects in India. Operating under the Ministry of New and Renewable Energy, IREDA focuses on sectors such as solar, wind, biomass, and small hydro power, providing financial support and advisory services to both public and private entities. Its core products include project financing loans, refinancing of existing projects, and various financial instruments tailored for the renewable energy sector.

How the Company Makes Money

IREDA primarily generates revenue through interest income from loans and financial assistance provided to renewable energy projects. Its revenue model is built on providing long-term loans to developers, which are repaid over time with interest. Key revenue streams include the disbursement of project loans, refinancing of existing projects, and fees for consultancy services. Additionally, IREDA may benefit from government schemes and incentives aimed at boosting renewable energy investments, as well as partnerships with international financial institutions and multilateral agencies that may provide co-financing opportunities. The growing demand for renewable energy in India, driven by both environmental policies and energy security concerns, further contributes to IREDA's earnings potential.

Indian Renewable Energy Development Agency Ltd. Financial Statement Overview

Summary

Indian Renewable Energy Development Agency Ltd. demonstrates strong profitability and revenue growth, but faces challenges with high leverage and negative cash flows. The company should focus on improving cash flow management and reducing debt levels to enhance financial stability.

Income Statement

The company shows strong profitability with high gross and net profit margins. Revenue growth is positive, indicating a healthy upward trajectory. However, the EBIT and EBITDA margins have shown some fluctuations, which could indicate potential volatility in operating efficiency.

Balance Sheet

The company has a high debt-to-equity ratio, which suggests significant leverage and potential risk if interest rates rise. However, the return on equity is decent, indicating effective use of equity to generate profits. The equity ratio is relatively low, reflecting a higher reliance on debt financing.

Cash Flow

The cash flow situation is concerning with negative operating and free cash flows, indicating potential liquidity issues. The free cash flow to net income ratio is stable, but the negative growth in free cash flow suggests challenges in cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	58.63B	66.60B	18.68B	34.15B	27.80B	25.57B
Gross Profit	26.54B	66.20B	27.52B	33.90B	27.92B	25.31B
EBITDA	25.93B	63.08B	28.51B	20.61B	17.38B	14.92B
Net Income	15.62B	16.98B	12.52B	8.65B	6.34B	3.46B
Balance Sheet
Total Assets	835.28B	797.35B	626.00B	504.47B	367.08B	302.93B
Cash, Cash Equivalents and Short-Term Investments	12.96B	11.24B	6.88B	9.12B	5.27B	6.03B
Total Debt	667.08B	647.40B	506.91B	401.70B	276.18B	233.56B
Total Liabilities	711.26B	694.68B	540.41B	445.12B	314.40B	272.98B
Stockholders Equity	124.02B	102.67B	85.59B	59.35B	52.68B	29.96B
Cash Flow
Free Cash Flow	9.08B	-144.85B	-111.23B	11.93B	8.78B	7.34B
Operating Cash Flow	9.13B	-144.60B	-111.00B	12.11B	8.86B	7.36B
Investing Cash Flow	-38.25B	-5.18B	-231.62M	-172.09M	-62.34B	-41.50B
Financing Cash Flow	35.09B	149.60B	110.59B	123.68B	52.71B	24.41B

Indian Renewable Energy Development Agency Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 153.60
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 153.6 is above the 20-day moving average (MA) of 151.48, above the 50-day MA of 149.29, and below the 200-day MA of 165.18, indicating a neutral trend. The MACD of 0.77 indicates Negative momentum. The RSI at 54.13 is Neutral, neither overbought nor oversold. The STOCH value of 51.88 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PREMIERENE	68 Neutral	₹482.48B	45.87	―	0.09%	59.47%	134.49%
IREDA	66 Neutral	₹424.33B	23.92	―	―	33.44%	17.49%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BORORENEW	56 Neutral	₹90.15B	―	―	―	4.94%	-328.07%
SWSOLAR	43 Neutral	₹52.96B	51.96	―	―	112.24%	-474.43%

Indian Renewable Energy Development Agency Ltd. Corporate Events

IREDA Sets Ambitious Revenue Target with New MoU

Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the fiscal year 2025-26. The MoU sets a Revenue from Operations target of ₹8,200 crores, following IREDA’s successful surpassing of its previous year’s target. The agreement includes performance metrics such as Return on Net Worth and Asset Turnover Ratio. IREDA has consistently achieved ‘Excellent’ ratings in MoU performance and was recognized as a top performer among Central Public Sector Enterprises (CPSEs) in the NBFC and power sectors.