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Mid
Market Cap
₹40,327 Cr.
P/E
23.74

Key Ratios

Market cap
Market cap
40,327 Cr
PE
PE
23.74
Prom Holding
Prom Holding
71.76 %
ROE (%)
ROE (%)
16.54
ROCE (%)
ROCE (%)
9.54
Div Yield (%)
Div Yield (%)
-
Sales
Sales
6,754 Cr
OPM (%)
OPM (%)
89.40 %
Debt to Equity
Debt to Equity
6.31
About
Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India Enterprise… Read more
Low
167
52W Range
High
234
  • Indian Ren. Energy
  • Tata Invest Corp

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Dividend Update Board Meeting Financials

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Forensics

0 Yes

Positive for this company

0 Neutral

Neutral for this company

0 No

Negative for this company

0 No Data

Insufficient data to analyse

Peer Comparison
FAQs on Indian Renewable Energy Development Agency Ltd. Business

Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India enterprise established in 1987. It provides financial assistance for projects related to renewable energy and energy efficiency with the motto 'Energy For Ever'.

Indian Ren. Energy major competitors are Mah & Mah Finl. Serv, Poonawalla Fincorp, Tata Invest Corp, Sundaram Finance, Piramal Enterprises, L&T Finance, CreditAccess Grameen.
Market Cap of Indian Ren. Energy is ₹40,046 Crs.
While the median market cap of its peers are ₹35,017 Crs.

Indian Ren. Energy seems to be less financially stable compared to its competitors.
Altman Z score of Indian Ren. Energy is 0.62 and is ranked 7 out of its 8 competitors.

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