IREDA
Market cap ₹28,168 Cr
- P/E
- 14.28
- Day range
- ₹99.13 – ₹103.32
- 52-week range
- ₹99.13 – ₹156.75
- Volume
- 67.86 L
- Open
- ₹102.61
- Prev close
- ₹102.61
Latest results · Q2 FY27(consolidated)Revenue ₹2,346 Cr+14.0%Profit ₹552 Cr+0.5%Margin 23.5%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
IREDA in NSE indices and F&O
F&O margin for one lot of IREDA (4,525 shares)Research profile
Composite 36 / 100Factor percentiles
Derived metrics
- Earn. yield
- 7.0%
- Graham no.
- ₹89.70
- vs Graham
- -10.5%
- ROE ÷ P/B
- 7.9%
- 12-1 mom.
- -28.7%
- Return / vol
- -1.16
- Magic Formula
- #318
- Piotroski
- 3/6
- FCF yield
- -51.4%
Appears in 10 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 48 in Energy| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE | ₹16.10 L Cr | 21.55 | 1.78 | 11.0% | 10.0% | 15.0% | 0.45 | +27.0% |
| Adani PowerADANIPOWER | ₹3.51 L Cr | 19.26 | 5.49 | 21.4% | 17.0% | 42.0% | 0.84 | +34.0% |
| NTPCNTPC | ₹2.89 L Cr | 10.41 | 1.42 | 14.2% | 9.0% | 32.0% | 1.33 | +7.8% |
| Oil & Natural Gas CorpONGC | ₹2.86 L Cr | 6.58 | 0.77 | 13.9% | 14.0% | 8.0% | 0.47 | +25.7% |
| Coal IndiaCOALINDIA | ₹2.45 L Cr | 7.85 | 2.09 | 28.1% | 35.0% | 26.0% | 0.12 | +7.8% |
| Power Grid CorpPOWERGRID | ₹2.30 L Cr | 14.47 | 2.29 | 16.5% | 9.0% | 82.0% | 1.47 | +2.7% |
| Adani Green EnergyADANIGREEN | ₹1.95 L Cr | 107.74 | 9.54 | 12.4% | 7.0% | 89.0% | 5.48 | +41.6% |
| IREDAIREDA | ₹28,168 Cr | 14.28 | 1.96 | 15.6% | 8.7% | — | 5.64 | +14.0% |
| Sector median | ₹38,531 Cr | 18.14 | 1.89 | 13.8% | 11.5% | 26.0% | 0.77 | +20.7% |
Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 7d agoHeadlines about IREDA from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 14.3
- EPS (TTM)
- ₹7.03
- Price / Book
- 1.97
- ROE (FY26)
- 15.6%
- Dividend yield
- 1.35%
Moving averages (NSE)
- 20-day
- ₹107.85
- Price below
- 50-day
- ₹111.57
- Price below
- 200-day
- ₹122.56
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- Public
- FII
- DII
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Financial statements
| Line item | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,391 | 1,510 | 1,630 | 1,698 | 1,905 | 1,948 | 2,057 | 2,130 | 2,175 | 2,249 | 2,346 |
| Interest | 847 | 975 | 1,030 | 1,032 | 1,104 | 1,218 | 1,213 | 1,233 | 1,241 | 1,341 | 1,377 |
| Expenses | 56 | 51 | 131 | 119 | 171 | 427 | 138 | 179 | 309 | 486 | 255 |
| Financing Profit | 488 | 484 | 469 | 548 | 630 | 303 | 706 | 718 | 626 | 423 | 714 |
| Financing Margin % | 35% | 32% | 29% | 32% | 33% | 16% | 34% | 34% | 29% | 19% | 30% |
| Other Income | 0 | 0 | 1 | 1 | 11 | 12 | 1 | 10 | 6 | 1 | 1 |
| Depreciation | 9 | 9 | 9 | 10 | 11 | 10 | 10 | 11 | 13 | 10 | 10 |
| Profit before tax | 480 | 476 | 460 | 538 | 630 | 305 | 696 | 717 | 619 | 414 | 704 |
| Tax % | 30% | 19% | 16% | 21% | 20% | 19% | 21% | 18% | 20% | 18% | 22% |
| Net Profit | 337 | 384 | 388 | 425 | 502 | 247 | 549 | 585 | 493 | 339 | 552 |
| EPS in Rs | ₹1.26 | ₹1.43 | ₹1.44 | ₹1.58 | ₹1.87 | ₹0.88 | ₹1.96 | ₹2.08 | ₹1.75 | ₹1.21 | ₹1.97 |
| Gross NPA % | — | 2.2% | — | — | — | 4.1% | — | — | — | 3.8% | — |
| Net NPA % | — | 0.9% | — | — | — | 2.1% | — | — | — | 1.2% | — |
From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Strengths, risks & growth
Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The Ministry of New and Renewable Energy, Government of India has given IREDA the 'Navaratna Status. RBI classified company as “Infrastructure Finance Company”. [1] [2]
Strengths
None flagged by the checklist.
Risks
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +26%
- 3 Years
- —
- TTM
- +17%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +40%
- 3 Years
- —
- TTM
- +14%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- 1 Year
- -35%
Return on Equity
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +16%
- Last Year
- +16%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 71.76% | 71.76% | 71.76% | 71.76% | 0.00 pp |
| FII | 2.07% | 2.14% | 2.48% | 2.57% | +0.09 pp |
| DII | 2.51% | 2.44% | 2.39% | 2.52% | +0.13 pp |
| Public | 23.67% | 23.65% | 23.35% | 23.14% | -0.21 pp |
Filed with NSE for Sept 2026: promoters 71.76%, public 28.24% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 0.14% (+0.03 pp)- Promoters71.8%
- Foreign institutions2.6%
- Mutual funds0.1%
- Insurance2.4%
- Other domestic institutions0.0%
- Retail20.4%
- Others2.8%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index Fund | 0.03% | 0.22% | -0.03 pp |
| Nippon India Nifty Midcap 150 Index Fund | 0.02% | 0.22% | -0.03 pp |
| SBI Nifty Midcap 150 Index Fund | 0.01% | 0.22% | -0.03 pp |
| ICICI Pru Nifty Midcap 150 Index Fund | 0.01% | 0.22% | -0.03 pp |
| Zerodha Nifty LargeMidcap 250 Index Fund | 0.01% | 0.11% | -0.02 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- Avg
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 30.2%
- Downside volatility
- 28.7%
- Worst 5% of days
- 3.2%
- Average of that tail
- 4.1%
- Max drawdown (1Y)
- 37.7%
- Below its peak
- 37.7%
Against the market
- Beta vs Nifty 50
- 1.33
- Correlation
- 0.58
- Relative strength (3M)
- -10.8%
- ATR (14)
- 3.0%
Return
- Return 1M
- -9.1%
- Return 3M
- -16.1%
- Return 6M
- -28.6%
- Return 1Y
- -35.1%
- vs 200-day average
- -18.2%
Momentum
- RSI (14)
- 30.4
- MACD histogram
- -0.47
- Stochastic %K
- 9.0
- ADX (14)
- 15.0
- +DI / −DI
- 14.5 / 31.8
- Money flow index
- 23.6
Participation
- Delivery (20d avg)
- 32.6%
- vs its 60-day baseline
- -2.8 pts
- Volume vs 20-day
- +0.4σ
- Close vs day's VWAP
- -0.2%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- -₹14,492 Cr
- FCF yield
- -51.4%
- Cash conversion
- -7.72
- Accruals ratio
- 0.174
- Net debt
- ₹77,815 Cr
- Net debt / equity
- 5.64
- EV / sales
- 11.91
- Capex intensity
- 0.2%
- Revenue CAGR
- 14.2%
- Profit CAGR
- -1.8%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividendNot available — not reported in this filing
Dividend - Re 0.75 Per Share
11 Sept 2026ex-date - dividendNot available — not reported in this filing
Interim Dividend - Re 0.60 Per Share
2 Apr 2026ex-date
Company announcements
IREDA signs Performance MoU with MNRE for FY 2026-27
Extension of Additional Charge of post of the Chairman & Managing Director, IREDA to Dr. Bijay Kumar Mohanty, Director (Finance)
Declaration of voting results along with Scrutinizer Report
Proceedings of 39th Annual General Meeting of the Company held on Tuesday, September 29, 2026
Appointment of Statutory Auditor(s) of the Company for the FY 2026-27
Intimation of Closure of Trading Window pursuant to SEBI (PIT) Regulations, 2015
Newspaper Publication in respect of Notice 39th Annual General Meeting ("AGM") & e-voting information.
Submission of 39th Business Responsibility and Sustainability Report for the Financial Year 2025-26
Intimation of Notice along with the Annual Report of 39th Annual General Meeting ('AGM') of the Company for the Financial Year 2025-26
Intimation of convening of 39th Annual General Meeting of the Company through video Conferencing/Other Audio Visual Means and Newspaper Publication thereof.
Board Comments on fine levied by the Exchanges
Intimation regarding imposition of fines by Stock Exchanges.
Changes in the Senior Management Personnel of the Company
Record Date for the payment of the Final Dividend for the Financial Year 2025-26 is Friday, September 11, 2026
Appointment of Non-Offical Director (Independent Director) on the Board of IREDA
Filed with BSE (scrip 544026); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Credit ratings
- Rating update · 12 Oct from smera
- Rating update · 16 Apr from icra
- Rating update · 14 Apr from fitch
- Rating update · 19 Feb from brickwork
- Rating update · 28 Aug 2025 from smera
- Rating update · 31 Jul 2025 from smera
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 20 Oct 2026 (audited). View the source filing. Figures are as filed and are not investment advice.
IREDA: common questions
Answered from the figures on this page.
