Upside:
20.2%
Horizon:
1 Year
Stock Snapshot
Current Price
128
1 Year Target Price
154
2 Year Target Price
—
52 Week High / Low
169
/
108
20 Day Return
+3.8%
Market Cap (Cr.)
36,152
Current PE
19.3
P/BV Ratio
2.6
Dividend Yield
—
Industry PE
17.0
Price Performance
Recommendation Rationale
Basis of our Recommendation
AI Generated Summary - Coming Soon!
Why We Like This Stock
Things To Watch Out For
Key Parameters
Balance Sheet Strength
Elite Balance Sheet
Market Share Trend
Stable
Industry Lifecycle
Expanding
Analyst Coverage
No Coverage
Dividend History
Irregular
FII Holdings
Stable
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,801 | 2,613 | 3,404 | 4,162 | 4,976 |
| Profit Before Tax (Cr.) | 1,686 | 2,105 | 2,337 | 2,912 | 3,466 |
| PBT Margin | 93.6% | 80.5% | 68.7% | 70.0% | 69.6% |
| Net Profit (Cr.) | 1,272 | 1,632 | 1,856 | 2,184 | 2,599 |
| EPS | 4.5 | 5.8 | 6.6 | 7.8 | 9.3 |
Company Overview
Show Company Profile
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. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation; and environmental technologies for sustainable development. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.