NSE: IREDA

Indian Renewable Energy Development Agency Limited

We don't have a reliable fair-value estimate for Indian Renewable Energy Development Agency Limitedyet - our models need more data before we'll publish a number. You can still explore the company's financials below, or try the free intrinsic-value calculator with your own assumptions.

What Indian Renewable Energy Development Agency Limited does

IREDA is a state-owned lender that finances solar, wind and other clean-energy projects. Its loan book grows with India's renewable-capacity targets.

Power · Power Generation

Health signals

GrowthRevenue +33.6%/yr (3y)Good

Over the last 3 years, revenue grew 33.6%/yr and profit grew 29.4%/yr.

ProfitabilityROE 13.6%Good

Every ₹100 of shareholder money earned ₹13.6 in profit last year, vs a sector median of 9.8%.

DebtD/E 5.65Weak

Debt is 5.65x shareholder equity and 32.4x yearly operating earnings — a heavy load.

Valuation-89% vs estimateWeak

The market price is above our estimated fair-value range (based on stated assumptions).

Quality₹0 cash per ₹100 profitWeak

About ₹0 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 0 of 5 years.

Key financialsFY17–FY26

Full statements & analysis →

Revenue	₹8,310 Cr
Net profit	₹1,874 Cr
EPS	₹6.67
Free cash flow	₹-14,493 Cr
ROE (latest)	13.6%
Revenue growth (CAGR)	22.6%
Profit growth (CAGR)	27.5%

Peers

Sector overview →

Haryana Financial Corporation ltd.₹1,257 CrP/E 150.0ROE 50.5%

REC Limited₹82,375 CrP/E 5.0ROE 19.2%

Power Finance Corporation Limited₹1,16,587 CrP/E 4.5ROE 25.3%

Housing & Urban Development Corporation Limited₹34,514 CrP/E 8.6ROE 18.4%

Tourism Finance Corporation of India Limited₹6,555 CrP/E 53.0ROE 9.3%

Gujarat State Financial corporation₹88 Cr

Ask AI about Indian Renewable Energy Development Agency LimitedChat with Intrynsic's research agent about results, risks and filings.Sign up free →Track it in your watchlistFair-value alerts, result-day briefs and portfolio analytics.Sign up free →See the full model workingsEvery assumption, per-model trace, reverse DCF and peer lens.Sign up free →

Frequently asked questions

What does Indian Renewable Energy Development Agency Limited do?

IREDA is a state-owned lender that finances solar, wind and other clean-energy projects. Its loan book grows with India's renewable-capacity targets.

Which sector does Indian Renewable Energy Development Agency Limited belong to?

Indian Renewable Energy Development Agency Limited operates in the Power sector (Power Generation industry) and is listed on the NSE as IREDA.

What is Indian Renewable Energy Development Agency Limited's latest annual revenue and profit?

For FY2017, Indian Renewable Energy Development Agency Limited reported revenue of ₹1,331 Cr and net profit of ₹210 Cr. The full multi-year history is in the Financials section above.

What are Indian Renewable Energy Development Agency Limited's EPS and return on equity?

In FY2017, Indian Renewable Energy Development Agency Limited recorded earnings per share of ₹267.7 and a return on equity of 8.6%.

How much debt does Indian Renewable Energy Development Agency Limited carry?

Indian Renewable Energy Development Agency Limited reported total debt of ₹12,777 Cr in FY2017. See the balance-sheet trend in the Financials section for context.

Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy