analysis

Indian Renewable Energy Development Agency Ltd.

NSE: IREDA

BSE: 544026

Sector: Financial Services

Industry Group: Finance

Industry: Financial Institution

128.15-0.4 (-0.33%)

3 Jul, 1:59 PM

Overview Analysis

Statements Technicals Forecast Peers Resources News

Summary Recommendation

A summary recommendation on the stock based on our classification and scoring techniques along with analyst recommendations.

StyleBox^TMWhat is StyleBox?

Neutral

This stock could not be classified into any of the StyleBoxes and hence a neutral stance.

Detail >

QVM scoreWhat is QVM score?

24.5 / 100

The stock has low QVM score relative to other stocks in the market. Bearish.

Analyst ratingWhat is Analyst rating?

No active sell-side coverage. Recommendations not available.

Technical indicatorsSee all >

61 %

Indian Renewable Energy Development Agency Ltd. on 1D timeframe is bullish for 14 out of 23 technical oscillators and moving averages.

Ratios and Statistics

A look at some key ratios and statistics for the stock. Change tabs to find the relevant ratios. Click on chart icon to view historical analysis of a particular ratio.

	2025 Jul 31	2025 Aug 31	2025 Sept 30	2025 Oct 31	2025 Nov 30	2025 Dec 31	2026 Jan 31	2026 Feb 28	2026 Mar 31	2026 Apr 30	2026 May 31	2026 Jun 30	2026 Jul 03
Multiples
P/E (TTM)	26.51	25.27	26.75	24.77	23.29	22.81	19.70	18.24	16.28	20.16	19.88	19.29	19.27
P/B (latest)	3.34	3.18	3.37	3.30	3.11	3.04	2.87	2.66	2.37	2.94	2.90	2.62	2.62
P/S (TTM)	5.77	5.50	5.82	5.61	5.28	5.17	4.61	4.27	3.81	4.72	4.66	4.35	4.35
CAPE (3Y)	29.07	27.71	29.33	27.84	26.18	25.64	22.54	20.87	18.61	23.05	22.74	21.80	21.78
CAPE (5Y)	27.08	25.81	27.33	27.92	26.25	25.71	24.27	22.47	20.05	24.82	24.48	21.79	21.77
P/E (1Y Forward)	21.83	20.81	19.81	19.62	18.26	17.47	15.84	14.45	12.68	15.71	15.00	14.47	14.44
P/S (1Y Forward)	14.65	13.96	11.30	11.35	10.51	10.12	9.40	8.59	7.55	9.34	-	-	-
Yields (%)
Book to Market	0.30	0.31	0.30	0.30	0.32	0.33	0.35	0.38	0.42	0.34	0.35	0.38	0.38
Earnings yield	3.77%	3.96%	3.74%	4.04%	4.29%	4.38%	5.08%	5.48%	6.14%	4.96%	5.03%	5.18%	5.19%
Operating CF yield	-34.92%	-36.64%	-34.61%	-39.26%	-41.75%	-42.64%	-45.17%	-48.79%	-54.68%	-44.16%	-44.77%	-40.04%	-40.08%
FCFE yield	1.14%	1.20%	1.13%	1.11%	1.18%	1.20%	1.28%	1.38%	1.54%	1.25%	1.26%	-4.80%	-4.80%
FCFF yield	-13.60%	-13.85%	-13.55%	-12.88%	-13.18%	-13.28%	-13.55%	-13.91%	-14.43%	-13.45%	-13.51%	-12.79%	-12.79%

Historical Performance

Performance with respect to benchmark. Prices are adjusted for splits, bonus and rights issue.

Show dividend adjusted performance

NIFTY50

NIFTYFINANCIALSERVICES

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Note: Prices are adjusted for splits, bonus and rights issue.

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Performance summary

	IREDA	NIFTY50	NIFTYFINANCIALSERVICES

Start Period	29 Nov 2023	29 Nov 2023	29 Nov 2023
End Period	03 Jul 2026	03 Jul 2026	03 Jul 2026
Cumulative Return	113.58%	20.87%	34.49%
CAGR	34.06%	7.6%	12.13%
Volatility (ann.)	50.82%	13.72%	16.82%
Max Drawdown	-62.34%	-15.77%	-17.36%
RoMaD	0.55%	0.48%	0.7%
Sharpe	0.76	0.33	0.54
Sortino	1.28	0.45	0.77
Sortino/√2	0.9	0.32	0.54

Style Analysis

Learn more about stock scores

Scores on value, momentum and quality parameters. Change tabs to compare across market, sector, industry.

Value score

45.6 / 100

–

Indian Renewable Energy Development Agency Ltd. is reasonably valued relative to other stocks in the market

What is Value score?

Momentum score

42.8 / 100

–

Indian Renewable Energy Development Agency Ltd. has moderate momentum relative to other stocks in the market

What is Momentum score?

Quality score

27.8 / 100

↓

Indian Renewable Energy Development Agency Ltd. has low quality relative to other stocks in the market

What is Quality score?

QVM score

24.5 / 100

↓

Indian Renewable Energy Development Agency Ltd. has low QVM score with respect to other stocks in the market

What is QVM score?

Scorecard

How to read Scorecard?

A comprehensive scorecard to compare Indian Renewable Energy Development Agency Ltd. on all metrics with other stocks. Access both rank and scores.

	Value	Market (All Stocks in NSE)	Sector (Financial Services)	Industry Group (Finance)	Industry (Financial Institution)
Size and Listing
Days since Listing	947.00
Enterprise value	1,13,193 Cr
Issue Price	32.00
Listing Price	50.00
Market Cap	36,121 Cr
Liquidity
Avg daily turnover 1M	78 Cr
Avg daily volume 1M	61,91,960
Avg daily turnover 3M	129 Cr
Avg daily volume 3M	99,90,710
Bid Ask Spread	0.23%
Delivery Percentage	38.85%
Volume surge ratio	0.61
Ownership
DII Holding %	2.44%
QoQ change DII holding %	-0.07%
FII Holding %	2.14%
QoQ change FII holding %	0.07%
QoQ change Gov holding %	0.00%
Promoter holding %	71.76%
QoQ change Promoter holding %	0.00%
Promoter pledged %	0.00%
Retail Holding %	23.37%
QoQ change Retail holding %	0.00%

Checklist

What is Checklist?

Analyse how the stock fares on some investment checklists created by legendary investors and gurus. Also, build your own custom checklist.

O'Shaughnessy Tiny Titans

Benjamin Graham's Value

Piotroski F-Score

Dreman contrarian value

Peter Lynch Growth/Value

O'Shaugnessy Value

Templeton Growth/Value

Warren Buffet’s Consistent Compounders

John Neff’s contrarian value

Richard Driehaus Momentum Strategy

O'Shaughnessy Tiny Titans

Created by the famous investor James O'Shaugnessy, this screen/checklist aims to find out small-cap stocks with significant growth potential. We look for companies with market capitalization between Rs 500 cr and Rs 1500 cr that are reasonable valued and are in the top 25 percentile momentum as measured by Momentum score.

20.0 / 100

Indian Renewable Energy Development Agency Ltd. passes 1 out of 5 of this checklist's rules

Hits

Market Cap is greater than ₹500 crore

Misses

Market Cap is less than ₹1500 crore

PS TTM is less than 1

One Year Rel Return is greater than 0%

Stock is in top 25.0 percentile, sorted by Price Momentum score in descending order

Frequently Asked Questions

What is the PB ratio of Indian Renewable Energy Development Agency Ltd.?

The Price-to-Book (PB) ratio of Indian Renewable Energy Development Agency Ltd. is 2.62. It compares the stock's market price to its book value per share.

What is the EV/EBITDA of Indian Renewable Energy Development Agency Ltd.?

The EV/EBITDA of Indian Renewable Energy Development Agency Ltd. is 35.67. This ratio is used to assess the overall value of a company relative to its earnings before interest, taxes, depreciation and amortisation.

What is the debt-to-equity ratio of Indian Renewable Energy Development Agency Ltd.?

The debt-to-equity (D/E) ratio of Indian Renewable Energy Development Agency Ltd. is 5.65. A lower D/E ratio generally indicates a more financially stable company with less leverage.

What is the promoter holding in Indian Renewable Energy Development Agency Ltd.?

Promoters hold 71.76% of Indian Renewable Energy Development Agency Ltd. shares as per the latest quarterly shareholding disclosure.

What is the operating profit margin of Indian Renewable Energy Development Agency Ltd.?

The operating profit margin of Indian Renewable Energy Development Agency Ltd. is 37.66%, reflecting how much profit the company earns from its core operations relative to revenue.

What is the net profit margin of Indian Renewable Energy Development Agency Ltd.?

The net profit margin of Indian Renewable Energy Development Agency Ltd. is 22.55%, indicating the percentage of revenue that remains as profit after all expenses.

What is the Sharpely score for Indian Renewable Energy Development Agency Ltd.?

On Sharpely's proprietary scoring system, Indian Renewable Energy Development Agency Ltd. has a Quality Score of 27.8/100, Value Score of 45.2/100 and Price Momentum Score of 41.6/100, with an overall QVM Score of 24.5/100. The quality rating is low, value is moderate and price momentum is moderate. Visit the Scorecard and Checklist sections on the Analysis tab for a full breakdown.