Indian Renewable Energy Development Agency Limited
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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 16.0%
Concerns1
- Negative free cash flow (βΉ44 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 8 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ6.75 K Cr | β | βΉ1.70 K Cr | β | β | β | 36.0% | 35.7% |
| Mar 2024 | βΉ4.96 K Cr | β | βΉ1.25 K Cr | β | β | β | 42.5% | 44.7% |
| Mar 2023 | βΉ3.48 K Cr | β | βΉ865.00 Cr | β | β | β | 21.8% | 36.4% |
| Mar 2022 | βΉ2.86 K Cr | β | βΉ634.00 Cr | β | β | β | 7.7% | 83.2% |
| Mar 2021 | βΉ2.65 K Cr | β | βΉ346.00 Cr | β | β | β | 12.1% | 60.9% |
| Mar 2020 | βΉ2.37 K Cr | β | βΉ215.00 Cr | β | β | β | 17.3% | -14.0% |
| Mar 2019 | βΉ2.02 K Cr | β | βΉ250.00 Cr | β | β | β | 80.7% | -8.1% |
| Mar 2015 | βΉ1.12 K Cr | β | βΉ272.00 Cr | β | β | β | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue | 8,038 |
| Finance Costs | 4,768 |
| Total Expenses | 914 |
| Financing Profit | 2,357 |
| Financing Margin % | 29% |
| Other Income | 33 |
| Depreciation & Amortisation | 42 |
| Profit Before Tax | 2,348 |
| Tax % | - |
| Net Profit / PAT | 1,882 |
| EPS (βΉ) | 6.78 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Indian Renewable Energy Development Agency Limitedthis co. | βΉ39.33 K Cr | βΉ6.75 K Cr | 20.90 | 3.04 | 0.00 | 36.0% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |