IREDA · Financial Services · Credit Services
Composite scorecard: 42/100 — Quality 0 · Valuation 66 · Growth 100 · Momentum 0
| Share price | ₹121.83 |
| Market cap | ₹34,343 Cr |
| P/E ratio | 17.8 |
| P/B ratio | 2.5 |
| ROE | 62.5% |
| ROCE | 6.1% |
| Book value | ₹48.20 |
| Year | Sales | Net profit | OPM |
|---|---|---|---|
| 2026 | — | ₹1,874 Cr | — |
| 2025 | — | ₹1,698 Cr | — |
| 2024 | — | ₹1,252 Cr | — |
| 2023 | ₹3,343 Cr | ₹865 Cr | 59.7% |
| 2022 | ₹2,780 Cr | ₹634 Cr | 66.9% |
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. 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.