IREDA share price today
Indian Renewable Energy Development Agency Ltd · NSE: IREDA · Finance - PSU Lending · price as of the 4 November 2026 close, updated every trading day · results updated weekly
IREDA share price today: ₹106.00 at the NSE close on 4 November 2026, down 29.0% in a year. Indian Renewable Energy Development Agency (NSE: IREDA) is worth ₹29,778 crore, trades at a P/BV of 2.1 and has closed between ₹99.50 and ₹149.61 over the past 52 weeks. Latest change: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).
Indian Renewable Energy Development Agency Ltd's earnings have grown faster than its share price. Earnings per share grew +5.5% in a year while the price moved −29.0%.
The main question: yearly earnings per share moved +5.5% while the share price moved −29.0%.
The price has been falling for 88 weeks, and the P/BV is lower than 98% of its own last 2.8 years. Over the last four quarters, results have been improving, with profit +0.9% on a year earlier, and gross NPA has eased to 3.76%. What will decide it: whether the price catches up with earnings that have already grown.
What is the IREDA share price today?
Indian Renewable Energy Development Agency Ltd's share price was ₹106.00 at the close on 4 November 2026. It has been falling for 88 weeks. That is 13.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 23 weeks running.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Indian Renewable Energy Development Agency Ltd is in stage 4. The phase helps read everything below.
In the last 52 weeks it traded between ₹100 and ₹150, and at that close it sat 13% of the way up from that low.
1Y
Nov 2026: ₹106, 13.5% below its 200-day average. The price has been falling for 88 weeks.
- Price ₹106
- 50-day avg ₹109
- 200-day avg ₹123
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | ₹152 | ₹152 | ₹163 |
| 7 Nov 2025 | ₹149 | ₹152 | ₹163 |
| 14 Nov 2025 | ₹150 | ₹151 | ₹162 |
| 21 Nov 2025 | ₹144 | ₹151 | ₹161 |
| 28 Nov 2025 | ₹143 | ₹149 | ₹161 |
| 5 Dec 2025 | ₹133 | ₹147 | ₹159 |
| 12 Dec 2025 | ₹136 | ₹145 | ₹158 |
| 19 Dec 2025 | ₹133 | ₹143 | ₹157 |
| 26 Dec 2025 | ₹141 | ₹142 | ₹156 |
| 2 Jan 2026 | ₹147 | ₹142 | ₹155 |
| 9 Jan 2026 | ₹137 | ₹142 | ₹155 |
| 16 Jan 2026 | ₹136 | ₹141 | ₹154 |
| 23 Jan 2026 | ₹127 | ₹139 | ₹153 |
| 1 Feb 2026 | ₹128 | ₹138 | ₹152 |
| 6 Feb 2026 | ₹128 | ₹136 | ₹151 |
| 13 Feb 2026 | ₹124 | ₹135 | ₹150 |
| 20 Feb 2026 | ₹127 | ₹133 | ₹149 |
| 27 Feb 2026 | ₹122 | ₹132 | ₹147 |
| 6 Mar 2026 | ₹117 | ₹129 | ₹146 |
| 13 Mar 2026 | ₹115 | ₹127 | ₹145 |
| 20 Mar 2026 | ₹116 | ₹125 | ₹143 |
| 27 Mar 2026 | ₹114 | ₹123 | ₹142 |
| 2 Apr 2026 | ₹115 | ₹122 | ₹141 |
| 10 Apr 2026 | ₹124 | ₹122 | ₹140 |
| 17 Apr 2026 | ₹133 | ₹123 | ₹140 |
| 24 Apr 2026 | ₹136 | ₹125 | ₹140 |
| 30 Apr 2026 | ₹135 | ₹127 | ₹139 |
| 8 May 2026 | ₹135 | ₹128 | ₹139 |
| 15 May 2026 | ₹127 | ₹128 | ₹139 |
| 22 May 2026 | ₹129 | ₹128 | ₹138 |
| 29 May 2026 | ₹133 | ₹129 | ₹138 |
| 4 Jun 2026 | ₹123 | ₹128 | ₹137 |
| 5 Jun 2026 | ₹123 | ₹128 | ₹137 |
| 10 Jun 2026 | ₹121 | ₹127 | ₹137 |
| 12 Jun 2026 | ₹122 | ₹126 | ₹136 |
| 17 Jun 2026 | ₹126 | ₹126 | ₹136 |
| 19 Jun 2026 | ₹127 | ₹126 | ₹136 |
| 24 Jun 2026 | ₹128 | ₹127 | ₹136 |
| 25 Jun 2026 | ₹127 | ₹127 | ₹136 |
| 1 Jul 2026 | ₹128 | ₹127 | ₹135 |
| 3 Jul 2026 | ₹128 | ₹127 | ₹135 |
| 10 Jul 2026 | ₹126 | ₹127 | ₹135 |
| 17 Jul 2026 | ₹122 | ₹126 | ₹134 |
| 24 Jul 2026 | ₹120 | ₹125 | ₹133 |
| 31 Jul 2026 | ₹120 | ₹124 | ₹133 |
| 7 Aug 2026 | ₹120 | ₹123 | ₹132 |
| 14 Aug 2026 | ₹116 | ₹122 | ₹132 |
| 21 Aug 2026 | ₹115 | ₹121 | ₹131 |
| 28 Aug 2026 | ₹117 | ₹121 | ₹130 |
| 4 Sep 2026 | ₹114 | ₹119 | ₹129 |
| 11 Sep 2026 | ₹112 | ₹118 | ₹128 |
| 18 Sep 2026 | ₹114 | ₹117 | ₹128 |
| 25 Sep 2026 | ₹113 | ₹116 | ₹127 |
| 28 Sep 2026 | ₹115 | ₹116 | ₹127 |
| 1 Oct 2026 | ₹111 | ₹115 | ₹126 |
| 9 Oct 2026 | ₹104 | ₹114 | ₹125 |
| 16 Oct 2026 | ₹109 | ₹113 | ₹125 |
| 23 Oct 2026 | ₹100 | ₹111 | ₹124 |
| 30 Oct 2026 | ₹100 | ₹109 | ₹123 |
| 4 Nov 2026 | ₹106 | ₹109 | ₹123 |
3Y
Nov 2026: ₹106, 13.5% below its 200-day average. The price has been falling for 88 weeks.
- Price ₹106
- 50-day avg ₹109
- 200-day avg ₹123
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 1 Dec 2023 | ₹63 | ₹60 | ₹60 |
| 8 Dec 2023 | ₹71 | ₹61 | ₹60 |
| 15 Dec 2023 | ₹108 | ₹69 | ₹63 |
| 22 Dec 2023 | ₹110 | ₹77 | ₹65 |
| 29 Dec 2023 | ₹103 | ₹80 | ₹66 |
| 5 Jan 2024 | ₹105 | ₹85 | ₹68 |
| 12 Jan 2024 | ₹111 | ₹88 | ₹70 |
| 20 Jan 2024 | ₹149 | ₹97 | ₹73 |
| 25 Jan 2024 | ₹170 | ₹104 | ₹76 |
| 2 Feb 2024 | ₹195 | ₹119 | ₹81 |
| 9 Feb 2024 | ₹180 | ₹133 | ₹87 |
| 16 Feb 2024 | ₹178 | ₹140 | ₹91 |
| 23 Feb 2024 | ₹159 | ₹145 | ₹95 |
| 2 Mar 2024 | ₹161 | ₹147 | ₹98 |
| 7 Mar 2024 | ₹148 | ₹147 | ₹100 |
| 15 Mar 2024 | ₹129 | ₹144 | ₹102 |
| 22 Mar 2024 | ₹139 | ₹142 | ₹103 |
| 28 Mar 2024 | ₹136 | ₹142 | ₹104 |
| 5 Apr 2024 | ₹176 | ₹144 | ₹107 |
| 12 Apr 2024 | ₹167 | ₹148 | ₹109 |
| 19 Apr 2024 | ₹161 | ₹150 | ₹111 |
| 26 Apr 2024 | ₹171 | ₹153 | ₹114 |
| 3 May 2024 | ₹180 | ₹157 | ₹117 |
| 10 May 2024 | ₹165 | ₹159 | ₹119 |
| 18 May 2024 | ₹176 | ₹162 | ₹122 |
| 24 May 2024 | ₹186 | ₹166 | ₹125 |
| 31 May 2024 | ₹185 | ₹169 | ₹128 |
| 7 Jun 2024 | ₹181 | ₹171 | ₹130 |
| 14 Jun 2024 | ₹179 | ₹173 | ₹133 |
| 21 Jun 2024 | ₹188 | ₹174 | ₹134 |
| 28 Jun 2024 | ₹190 | ₹177 | ₹137 |
| 5 Jul 2024 | ₹229 | ₹184 | ₹141 |
| 12 Jul 2024 | ₹284 | ₹198 | ₹147 |
| 19 Jul 2024 | ₹272 | ₹209 | ₹152 |
| 26 Jul 2024 | ₹258 | ₹219 | ₹157 |
| 2 Aug 2024 | ₹255 | ₹226 | ₹162 |
| 9 Aug 2024 | ₹243 | ₹229 | ₹166 |
| 16 Aug 2024 | ₹240 | ₹231 | ₹169 |
| 23 Aug 2024 | ₹260 | ₹234 | ₹173 |
| 30 Aug 2024 | ₹242 | ₹237 | ₹177 |
| 6 Sep 2024 | ₹227 | ₹237 | ₹180 |
| 13 Sep 2024 | ₹232 | ₹236 | ₹182 |
| 20 Sep 2024 | ₹232 | ₹235 | ₹184 |
| 27 Sep 2024 | ₹232 | ₹233 | ₹187 |
| 4 Oct 2024 | ₹222 | ₹232 | ₹188 |
| 11 Oct 2024 | ₹229 | ₹231 | ₹190 |
| 18 Oct 2024 | ₹216 | ₹229 | ₹191 |
| 25 Oct 2024 | ₹191 | ₹224 | ₹192 |
| 1 Nov 2024 | ₹212 | ₹221 | ₹193 |
| 8 Nov 2024 | ₹201 | ₹218 | ₹193 |
| 14 Nov 2024 | ₹190 | ₹214 | ₹193 |
| 22 Nov 2024 | ₹186 | ₹210 | ₹193 |
| 29 Nov 2024 | ₹205 | ₹208 | ₹193 |
| 6 Dec 2024 | ₹221 | ₹209 | ₹194 |
| 13 Dec 2024 | ₹217 | ₹211 | ₹196 |
| 20 Dec 2024 | ₹206 | ₹211 | ₹196 |
| 27 Dec 2024 | ₹197 | ₹209 | ₹196 |
| 3 Jan 2025 | ₹231 | ₹212 | ₹198 |
| 10 Jan 2025 | ₹201 | ₹212 | ₹198 |
| 17 Jan 2025 | ₹207 | ₹211 | ₹199 |
| 24 Jan 2025 | ₹195 | ₹209 | ₹199 |
| 1 Feb 2025 | ₹194 | ₹206 | ₹199 |
| 7 Feb 2025 | ₹189 | ₹203 | ₹198 |
| 14 Feb 2025 | ₹168 | ₹198 | ₹197 |
| 21 Feb 2025 | ₹177 | ₹193 | ₹196 |
| 28 Feb 2025 | ₹156 | ₹189 | ₹195 |
| 7 Mar 2025 | ₹150 | ₹181 | ₹192 |
| 13 Mar 2025 | ₹140 | ₹176 | ₹190 |
| 21 Mar 2025 | ₹155 | ₹171 | ₹188 |
| 28 Mar 2025 | ₹161 | ₹170 | ₹187 |
| 4 Apr 2025 | ₹156 | ₹168 | ₹186 |
| 11 Apr 2025 | ₹154 | ₹166 | ₹185 |
| 17 Apr 2025 | ₹173 | ₹167 | ₹184 |
| 25 Apr 2025 | ₹168 | ₹168 | ₹184 |
| 2 May 2025 | ₹166 | ₹168 | ₹183 |
| 9 May 2025 | ₹156 | ₹167 | ₹182 |
| 16 May 2025 | ₹173 | ₹167 | ₹182 |
| 23 May 2025 | ₹172 | ₹168 | ₹181 |
| 30 May 2025 | ₹175 | ₹169 | ₹181 |
| 6 Jun 2025 | ₹175 | ₹170 | ₹180 |
| 13 Jun 2025 | ₹167 | ₹172 | ₹180 |
| 20 Jun 2025 | ₹165 | ₹170 | ₹180 |
| 27 Jun 2025 | ₹170 | ₹170 | ₹179 |
| 4 Jul 2025 | ₹167 | ₹170 | ₹179 |
| 11 Jul 2025 | ₹160 | ₹169 | ₹178 |
| 18 Jul 2025 | ₹157 | ₹167 | ₹177 |
| 25 Jul 2025 | ₹153 | ₹165 | ₹176 |
| 1 Aug 2025 | ₹146 | ₹162 | ₹175 |
| 8 Aug 2025 | ₹142 | ₹159 | ₹173 |
| 14 Aug 2025 | ₹144 | ₹157 | ₹172 |
| 22 Aug 2025 | ₹147 | ₹155 | ₹171 |
| 29 Aug 2025 | ₹141 | ₹153 | ₹170 |
| 5 Sep 2025 | ₹146 | ₹152 | ₹169 |
| 12 Sep 2025 | ₹147 | ₹151 | ₹167 |
| 19 Sep 2025 | ₹161 | ₹152 | ₹167 |
| 26 Sep 2025 | ₹146 | ₹152 | ₹166 |
| 3 Oct 2025 | ₹154 | ₹152 | ₹166 |
| 10 Oct 2025 | ₹151 | ₹151 | ₹165 |
| 17 Oct 2025 | ₹151 | ₹152 | ₹164 |
| 24 Oct 2025 | ₹153 | ₹152 | ₹164 |
| 31 Oct 2025 | ₹152 | ₹152 | ₹163 |
| 7 Nov 2025 | ₹149 | ₹152 | ₹163 |
| 14 Nov 2025 | ₹150 | ₹151 | ₹162 |
| 21 Nov 2025 | ₹144 | ₹151 | ₹161 |
| 28 Nov 2025 | ₹143 | ₹149 | ₹161 |
| 5 Dec 2025 | ₹133 | ₹147 | ₹159 |
| 12 Dec 2025 | ₹136 | ₹145 | ₹158 |
| 19 Dec 2025 | ₹133 | ₹143 | ₹157 |
| 26 Dec 2025 | ₹141 | ₹142 | ₹156 |
| 2 Jan 2026 | ₹147 | ₹142 | ₹155 |
| 9 Jan 2026 | ₹137 | ₹142 | ₹155 |
| 16 Jan 2026 | ₹136 | ₹141 | ₹154 |
| 23 Jan 2026 | ₹127 | ₹139 | ₹153 |
| 1 Feb 2026 | ₹128 | ₹138 | ₹152 |
| 6 Feb 2026 | ₹128 | ₹136 | ₹151 |
| 13 Feb 2026 | ₹124 | ₹135 | ₹150 |
| 20 Feb 2026 | ₹127 | ₹133 | ₹149 |
| 27 Feb 2026 | ₹122 | ₹132 | ₹147 |
| 6 Mar 2026 | ₹117 | ₹129 | ₹146 |
| 13 Mar 2026 | ₹115 | ₹127 | ₹145 |
| 20 Mar 2026 | ₹116 | ₹125 | ₹143 |
| 27 Mar 2026 | ₹114 | ₹123 | ₹142 |
| 2 Apr 2026 | ₹115 | ₹122 | ₹141 |
| 10 Apr 2026 | ₹124 | ₹122 | ₹140 |
| 17 Apr 2026 | ₹133 | ₹123 | ₹140 |
| 24 Apr 2026 | ₹136 | ₹125 | ₹140 |
| 30 Apr 2026 | ₹135 | ₹127 | ₹139 |
| 8 May 2026 | ₹135 | ₹128 | ₹139 |
| 15 May 2026 | ₹127 | ₹128 | ₹139 |
| 22 May 2026 | ₹129 | ₹128 | ₹138 |
| 29 May 2026 | ₹133 | ₹129 | ₹138 |
| 4 Jun 2026 | ₹123 | ₹128 | ₹137 |
| 5 Jun 2026 | ₹123 | ₹128 | ₹137 |
| 10 Jun 2026 | ₹121 | ₹127 | ₹137 |
| 12 Jun 2026 | ₹122 | ₹126 | ₹136 |
| 17 Jun 2026 | ₹126 | ₹126 | ₹136 |
| 19 Jun 2026 | ₹127 | ₹126 | ₹136 |
| 24 Jun 2026 | ₹128 | ₹127 | ₹136 |
| 25 Jun 2026 | ₹127 | ₹127 | ₹136 |
| 1 Jul 2026 | ₹128 | ₹127 | ₹135 |
| 3 Jul 2026 | ₹128 | ₹127 | ₹135 |
| 10 Jul 2026 | ₹126 | ₹127 | ₹135 |
| 17 Jul 2026 | ₹122 | ₹126 | ₹134 |
| 24 Jul 2026 | ₹120 | ₹125 | ₹133 |
| 31 Jul 2026 | ₹120 | ₹124 | ₹133 |
| 7 Aug 2026 | ₹120 | ₹123 | ₹132 |
| 14 Aug 2026 | ₹116 | ₹122 | ₹132 |
| 21 Aug 2026 | ₹115 | ₹121 | ₹131 |
| 28 Aug 2026 | ₹117 | ₹121 | ₹130 |
| 4 Sep 2026 | ₹114 | ₹119 | ₹129 |
| 11 Sep 2026 | ₹112 | ₹118 | ₹128 |
| 18 Sep 2026 | ₹114 | ₹117 | ₹128 |
| 25 Sep 2026 | ₹113 | ₹116 | ₹127 |
| 28 Sep 2026 | ₹115 | ₹116 | ₹127 |
| 1 Oct 2026 | ₹111 | ₹115 | ₹126 |
| 9 Oct 2026 | ₹104 | ₹114 | ₹125 |
| 16 Oct 2026 | ₹109 | ₹113 | ₹125 |
| 23 Oct 2026 | ₹100 | ₹111 | ₹124 |
| 30 Oct 2026 | ₹100 | ₹109 | ₹123 |
| 4 Nov 2026 | ₹106 | ₹109 | ₹123 |
Price stage: Falling from Oct 2025 to Oct 2026.
Price stage: Falling in Dec 2023; Rising from Dec 2023 to Feb 2025; Falling from Feb 2025 to Oct 2026.
Week by week since 2023: did it beat the NIFTY 500 over the past 13 weeks?
Ahead in 44 of 147 weeks
| Week | 13-week return vs NIFTY 500 |
|---|---|
| 1 Dec 2023 | no NIFTY 500 reading |
| 8 Dec 2023 | no NIFTY 500 reading |
| 15 Dec 2023 | no NIFTY 500 reading |
| 22 Dec 2023 | no NIFTY 500 reading |
| 29 Dec 2023 | no NIFTY 500 reading |
| 5 Jan 2024 | no NIFTY 500 reading |
| 12 Jan 2024 | no NIFTY 500 reading |
| 20 Jan 2024 | no NIFTY 500 reading |
| 25 Jan 2024 | no NIFTY 500 reading |
| 2 Feb 2024 | no NIFTY 500 reading |
| 9 Feb 2024 | no NIFTY 500 reading |
| 16 Feb 2024 | no NIFTY 500 reading |
| 23 Feb 2024 | no NIFTY 500 reading |
| 2 Mar 2024 | +151.2% |
| 7 Mar 2024 | +104.0% |
| 15 Mar 2024 | +14.3% |
| 22 Mar 2024 | +22.1% |
| 28 Mar 2024 | +25.8% |
| 5 Apr 2024 | +60.7% |
| 12 Apr 2024 | +46.2% |
| 19 Apr 2024 | +1.4% |
| 26 Apr 2024 | −5.5% |
| 3 May 2024 | −10.9% |
| 10 May 2024 | −12.4% |
| 18 May 2024 | −6.4% |
| 24 May 2024 | +10.2% |
| 31 May 2024 | +7.7% |
| 7 Jun 2024 | +10.5% |
| 14 Jun 2024 | +25.9% |
| 21 Jun 2024 | +23.6% |
| 28 Jun 2024 | +29.2% |
| 5 Jul 2024 | +19.8% |
| 12 Jul 2024 | +56.4% |
| 19 Jul 2024 | +58.8% |
| 26 Jul 2024 | +39.1% |
| 2 Aug 2024 | +31.3% |
| 9 Aug 2024 | +38.5% |
| 16 Aug 2024 | +26.2% |
| 23 Aug 2024 | +29.2% |
| 30 Aug 2024 | +17.9% |
| 6 Sep 2024 | +18.6% |
| 13 Sep 2024 | +21.8% |
| 20 Sep 2024 | +15.3% |
| 27 Sep 2024 | +15.7% |
| 4 Oct 2024 | −5.8% |
| 11 Oct 2024 | −21.6% |
| 18 Oct 2024 | −20.2% |
| 25 Oct 2024 | −22.6% |
| 1 Nov 2024 | −17.5% |
| 8 Nov 2024 | −14.3% |
| 14 Nov 2024 | −15.1% |
| 22 Nov 2024 | −24.8% |
| 29 Nov 2024 | −12.3% |
| 6 Dec 2024 | −2.0% |
| 13 Dec 2024 | −2.1% |
| 20 Dec 2024 | −3.1% |
| 27 Dec 2024 | −7.4% |
| 3 Jan 2025 | +9.8% |
| 10 Jan 2025 | −3.0% |
| 17 Jan 2025 | +2.1% |
| 24 Jan 2025 | +8.5% |
| 1 Feb 2025 | −3.1% |
| 7 Feb 2025 | −1.4% |
| 14 Feb 2025 | −5.6% |
| 21 Feb 2025 | +5.6% |
| 28 Feb 2025 | −11.6% |
| 7 Mar 2025 | −19.1% |
| 13 Mar 2025 | −26.7% |
| 21 Mar 2025 | −19.9% |
| 28 Mar 2025 | −13.5% |
| 4 Apr 2025 | −23.7% |
| 11 Apr 2025 | −22.7% |
| 17 Apr 2025 | −20.2% |
| 25 Apr 2025 | −17.7% |
| 2 May 2025 | −15.9% |
| 9 May 2025 | −24.7% |
| 16 May 2025 | −6.6% |
| 23 May 2025 | −14.7% |
| 30 May 2025 | −0.6% |
| 6 Jun 2025 | +1.7% |
| 13 Jun 2025 | +9.7% |
| 20 Jun 2025 | −2.9% |
| 27 Jun 2025 | −5.2% |
| 4 Jul 2025 | −9.2% |
| 11 Jul 2025 | −5.9% |
| 18 Jul 2025 | −14.6% |
| 25 Jul 2025 | −13.1% |
| 1 Aug 2025 | −14.8% |
| 8 Aug 2025 | −9.9% |
| 14 Aug 2025 | −18.8% |
| 22 Aug 2025 | −14.1% |
| 29 Aug 2025 | −19.8% |
| 5 Sep 2025 | −15.7% |
| 12 Sep 2025 | −14.2% |
| 19 Sep 2025 | −2.0% |
| 26 Sep 2025 | −11.1% |
| 3 Oct 2025 | −5.6% |
| 10 Oct 2025 | −5.2% |
| 17 Oct 2025 | −5.4% |
| 24 Oct 2025 | −3.9% |
| 31 Oct 2025 | −0.2% |
| 7 Nov 2025 | −0.1% |
| 14 Nov 2025 | +0.7% |
| 21 Nov 2025 | −7.3% |
| 28 Nov 2025 | −2.0% |
| 5 Dec 2025 | −9.8% |
| 12 Dec 2025 | −7.8% |
| 19 Dec 2025 | −20.1% |
| 26 Dec 2025 | −7.7% |
| 2 Jan 2026 | −8.8% |
| 9 Jan 2026 | −9.9% |
| 16 Jan 2026 | −5.9% |
| 23 Jan 2026 | −13.3% |
| 1 Feb 2026 | −14.6% |
| 6 Feb 2026 | −13.9% |
| 13 Feb 2026 | −16.3% |
| 20 Feb 2026 | −10.0% |
| 27 Feb 2026 | −8.9% |
| 6 Mar 2026 | −8.1% |
| 13 Mar 2026 | −8.9% |
| 20 Mar 2026 | −2.7% |
| 27 Mar 2026 | −6.6% |
| 2 Apr 2026 | −13.8% |
| 10 Apr 2026 | −5.7% |
| 17 Apr 2026 | −3.1% |
| 24 Apr 2026 | +7.6% |
| 30 Apr 2026 | +6.6% |
| 8 May 2026 | +10.2% |
| 15 May 2026 | +7.6% |
| 22 May 2026 | +5.1% |
| 29 May 2026 | +7.9% |
| 4 Jun 2026 | +5.2% |
| 5 Jun 2026 | +5.0% |
| 10 Jun 2026 | −1.6% |
| 12 Jun 2026 | −1.1% |
| 17 Jun 2026 | +5.5% |
| 19 Jun 2026 | +0.3% |
| 24 Jun 2026 | −4.7% |
| 25 Jun 2026 | −7.3% |
| 1 Jul 2026 | −6.0% |
| 3 Jul 2026 | −8.0% |
| 10 Jul 2026 | −4.2% |
| 17 Jul 2026 | −8.7% |
| 24 Jul 2026 | −10.7% |
| 31 Jul 2026 | −7.4% |
| 7 Aug 2026 | −8.5% |
| 14 Aug 2026 | −8.0% |
| 21 Aug 2026 | −10.0% |
| 28 Aug 2026 | −9.1% |
| 4 Sep 2026 | −11.1% |
| 11 Sep 2026 | −11.3% |
| 18 Sep 2026 | −9.1% |
| 25 Sep 2026 | −8.5% |
| 28 Sep 2026 | −4.1% |
| 1 Oct 2026 | −5.8% |
| 9 Oct 2026 | −7.9% |
| 16 Oct 2026 | −6.9% |
| 23 Oct 2026 | −7.5% |
| 30 Oct 2026 | −9.3% |
| 4 Nov 2026 | −1.6% |
Over the last 2.9 years the share price moved +69% while the NIFTY 500 moved +17%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What changed at IREDA this quarter?
Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) raised their stake for 4 quarters in a row and highest quarterly revenue in 16 quarters.
Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)
In the September 2026 quarter revenue was ₹2,344 crore, +14% on a year earlier.
Foreign funds (FIIs) raised their stake for 4 quarters in a row
From 1.9% to 2.6% of the company by the September 2026 quarter.
Highest quarterly revenue in 16 quarters
Revenue of ₹2,344 crore in the September 2026 quarter is the highest of the last 16 quarters.
What dividend does IREDA pay?
IREDA paid ₹1.35 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.27% at the ₹106.00 close on 4 November 2026. The last was a dividend of ₹0.75 a share, ex-date 11 September 2026.
IREDA dividends since 1 April 2021
| Ex-date | Dividend per share | Type |
|---|---|---|
| 11 Sep 2026Dividend | ₹0.75 | Dividend |
| 2 Apr 2026Interim | ₹0.60 | Interim |
Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.
Yes. Indian Renewable Energy Development Agency Ltd paid out 20% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 12 reported years.
From the NSE corporate-actions record, read 5 November 2026.
What are IREDA's latest quarterly results?
For July to September 2026 (the quarter ended 30 September 2026), IREDA reported total income of ₹2,344 crore, up 14.0% from ₹2,057 crore a year earlier, and a profit of ₹554 crore, up 0.9% from ₹549 crore.
IREDA results: July to September 2026 against a year earlier
| Measure | July to September 2026 | July to September 2025 | Change |
|---|---|---|---|
| Total income | ₹2,344 crore | ₹2,057 crore | +14.0% |
| Profit | ₹554 crore | ₹549 crore | +0.9% |
| Earnings per share | ₹1.97 | ₹1.95 | +1.0% |
| Net margin | 23.6% | 26.7% | −3.1 points |
The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).
From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.
What is the IREDA share price history?
IREDA closed at ₹106.00 on 4 November 2026, down 29.0% from ₹149.37 a year earlier (7 November 2025) and up 68.9% over three years. Its highest weekly close since December 2023 was ₹284.26 on 12 July 2024.
IREDA share price: then and now
| When | Close | Change to 4 Nov 2026 |
|---|---|---|
| 1 week ago · 30 Oct 2026 | ₹99.50 | +6.5% |
| 1 month ago · 1 Oct 2026 | ₹111.00 | −4.5% |
| 6 months ago · 8 May 2026 | ₹134.60 | −21.2% |
| 1 year ago · 7 Nov 2025 | ₹149.37 | −29.0% |
| 3 years ago · 1 Dec 2023 | ₹62.75 | +68.9% |
| Earliest and lowest weekly close in our records · 1 Dec 2023 | ₹62.75 | +68.9% |
| Highest weekly close since December 2023 · 12 Jul 2024 | ₹284.26 | −62.7% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹149.61 | −29.1% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹99.50 | +6.5% |
Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.
160 weekly closes from 1 December 2023 to 4 November 2026.
What is the latest news on IREDA?
4 Nov 2026: IREDA closed at ₹106.00, up 6.5% on the week and down 4.5% on the month. Results for July to September 2026: Total income up 14.0% and profit up 0.9% on a year earlier.
Earlier
- 11 Sep 2026: ex-date for a dividend of ₹0.75 a share.
- 2 Apr 2026: ex-date for an interim dividend of ₹0.60 a share.
Which stock lists is IREDA on?
IREDA is on 3 of our India lists: 52 week high & low, Small & mid cap stocks and Power & green energy stocks.
Is IREDA profitable?
Indian Renewable Energy Development Agency Ltd earned ₹554 Cr of net profit in the Sep 2026 quarter, +0.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹1,873 Cr. Over 10 years profit has grown 20.2% a year on average. That is 23.6% of the quarter's revenue.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
The same quarter a year earlier earned ₹549 Cr.
For the full year, FY26 profit was ₹1,873 Cr (+10.2% on the year before).
FY26 profit ₹1,873 Cr (+10.2% on the year before), 20.2% a year over 10 years
- Net profit ₹1,873
| Quarter | Net profit |
|---|---|
| FY16 | ₹298 |
| FY17 | ₹210 |
| FY18 | ₹405 |
| FY19 | ₹250 |
| FY20 | ₹215 |
| FY21 | ₹346 |
| FY22 | ₹634 |
| FY23 | ₹865 |
| FY24 | ₹1,252 |
| FY25 | ₹1,699 |
| FY26 | ₹1,873 |
Growth on a year earlier
- Growth on a year earlier 10.2%
| Quarter | Growth on a year earlier |
|---|---|
| FY16 | 9.6% |
| FY17 | −29.5% |
| FY18 | 92.9% |
| FY19 | −38.3% |
| FY20 | −14% |
| FY21 | 60.9% |
| FY22 | 83.2% |
| FY23 | 36.4% |
| FY24 | 44.7% |
| FY25 | 35.7% |
| FY26 | 10.2% |
Sep 2026: ₹554 Cr (+0.9% on a year earlier), the 2nd quarter in a row of growth
- Net profit (quarterly) ₹554
| Quarter | Net profit (quarterly) |
|---|---|
| Dec 2023 | ₹336 |
| Mar 2024 | ₹337 |
| Jun 2024 | ₹384 |
| Sep 2024 | ₹388 |
| Dec 2024 | ₹425 |
| Mar 2025 | ₹502 |
| Jun 2025 | ₹247 |
| Sep 2025 | ₹549 |
| Dec 2025 | ₹585 |
| Mar 2026 | ₹493 |
| Jun 2026 | ₹338 |
| Sep 2026 | ₹554 |
Growth on a year earlier
- Growth on a year earlier 0.9%
| Quarter | Growth on a year earlier |
|---|---|
| Dec 2023 | 67.2% |
| Mar 2024 | 32.7% |
| Jun 2024 | 30.2% |
| Sep 2024 | 36.1% |
| Dec 2024 | 26.5% |
| Mar 2025 | 49% |
| Jun 2025 | −35.7% |
| Sep 2025 | 41.5% |
| Dec 2025 | 37.6% |
| Mar 2026 | −1.8% |
| Jun 2026 | 36.8% |
| Sep 2026 | 0.9% |
Why profit moved: revenue changed +14.0% on a year earlier and the margin moved −3.1 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed +18.4% and revenue +17.3%. Profit and revenue are moving at about the same pace.
How much revenue does IREDA make, and is it growing?
Indian Renewable Energy Development Agency Ltd reported ₹2,344 Cr of income in the Sep 2026 quarter, +14.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 21.7% a year on average. The last full year, FY26, came in at ₹8,337 Cr.
For a bank, revenue is everything it earns: interest on its loans plus fees and other income.
The last four reported quarters add to ₹8,897 Cr.
FY26 revenue was ₹8,337 Cr, +23.4% on the year before.
FY26 revenue ₹8,337 Cr (+23.4% on the year before), 21.7% a year over 10 years
- Revenue ₹8,337
| Quarter | Revenue |
|---|---|
| FY16 | ₹1,174 |
| FY17 | ₹1,331 |
| FY18 | ₹1,810 |
| FY19 | ₹2,020 |
| FY20 | ₹2,369 |
| FY21 | ₹2,655 |
| FY22 | ₹2,860 |
| FY23 | ₹3,483 |
| FY24 | ₹4,965 |
| FY25 | ₹6,754 |
| FY26 | ₹8,337 |
Growth on a year earlier
- Growth on a year earlier 23.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY16 | 5% |
| FY17 | 13.4% |
| FY18 | 36% |
| FY19 | 11.6% |
| FY20 | 17.3% |
| FY21 | 12.1% |
| FY22 | 7.7% |
| FY23 | 21.8% |
| FY24 | 42.5% |
| FY25 | 36% |
| FY26 | 23.4% |
Sep 2026: ₹2,344 Cr (+14.0% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) ₹2,344
| Quarter | Revenue (quarterly) |
|---|---|
| Dec 2023 | ₹1,253 |
| Mar 2024 | ₹1,391 |
| Jun 2024 | ₹1,510 |
| Sep 2024 | ₹1,630 |
| Dec 2024 | ₹1,698 |
| Mar 2025 | ₹1,904 |
| Jun 2025 | ₹1,947 |
| Sep 2025 | ₹2,057 |
| Dec 2025 | ₹2,130 |
| Mar 2026 | ₹2,175 |
| Jun 2026 | ₹2,248 |
| Sep 2026 | ₹2,344 |
Growth on a year earlier
- Growth on a year earlier 14%
| Quarter | Growth on a year earlier |
|---|---|
| Dec 2023 | 44.2% |
| Mar 2024 | 34.3% |
| Jun 2024 | 32.1% |
| Sep 2024 | 38.5% |
| Dec 2024 | 35.5% |
| Mar 2025 | 36.9% |
| Jun 2025 | 28.9% |
| Sep 2025 | 26.2% |
| Dec 2025 | 25.4% |
| Mar 2026 | 14.2% |
| Jun 2026 | 15.5% |
| Sep 2026 | 14% |
Recent pace: the last four quarters grew +17.3% on average, against 21.7% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +24.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +14.3%, against +16.8% a year (stabilising).
How much does IREDA keep from what it earns?
Indian Renewable Energy Development Agency Ltd's net margin was 23.6% in the Sep 2026 quarter, 3.1 percentage points lower than the same quarter a year ago. Across 12 years it has been between 9.1% and 25.4%. The latest quarter is within that range.
Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.
Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.
FY26: 22.5%, within a range of 9.1% to 25.4% over 12 years
- Net margin 22.5%
| Quarter | Net margin |
|---|---|
| FY15 | 24.3% |
| FY16 | 25.4% |
| FY17 | 15.8% |
| FY18 | 22.4% |
| FY19 | 12.4% |
| FY20 | 9.1% |
| FY21 | 13% |
| FY22 | 22.2% |
| FY23 | 24.8% |
| FY24 | 25.2% |
| FY25 | 25.2% |
| FY26 | 22.5% |
Change on the year before (points)
- Change on the year before (points) −2.7 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY15 | – |
| FY16 | +1.1 pts |
| FY17 | −9.6 pts |
| FY18 | +6.6 pts |
| FY19 | −10.0 pts |
| FY20 | −3.3 pts |
| FY21 | +3.9 pts |
| FY22 | +9.2 pts |
| FY23 | +2.6 pts |
| FY24 | +0.4 pts |
| FY25 | 0.0 pts |
| FY26 | −2.7 pts |
Sep 2026: net margin 23.6% (−3.1 points on a year earlier)
- Net margin 23.6%
| Quarter | Net margin |
|---|---|
| Dec 2023 | 26.8% |
| Mar 2024 | 24.2% |
| Jun 2024 | 25.4% |
| Sep 2024 | 23.8% |
| Dec 2024 | 25% |
| Mar 2025 | 26.4% |
| Jun 2025 | 12.7% |
| Sep 2025 | 26.7% |
| Dec 2025 | 27.5% |
| Mar 2026 | 22.7% |
| Jun 2026 | 15% |
| Sep 2026 | 23.6% |
Change on a year earlier (points)
- Change on a year earlier (points) −3.1 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Dec 2023 | +3.7 pts |
| Mar 2024 | −0.3 pts |
| Jun 2024 | −0.4 pts |
| Sep 2024 | −0.4 pts |
| Dec 2024 | −1.8 pts |
| Mar 2025 | +2.2 pts |
| Jun 2025 | −12.7 pts |
| Sep 2025 | +2.9 pts |
| Dec 2025 | +2.5 pts |
| Mar 2026 | −3.7 pts |
| Jun 2026 | +2.3 pts |
| Sep 2026 | −3.1 pts |
How many of IREDA's loans have gone bad?
Indian Renewable Energy Development Agency Ltd's gross NPA, the share of loans that have stopped being repaid, is 3.76% in Jun 2026, down from 4.13% a year ago. After the money already set aside for bad loans, 1.22% is left (net NPA). Across the 11 quarters on file it has been between 2.19% and 4.13%.
Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.
Falling bad loans mean the loan book is healing; rising ones mean new damage.
In Jun 2026, gross NPA was 3.76% and net NPA 1.22%, against 4.13% and 2.06% a year ago.
The bad-loan figures stop at Jun 2026, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Sep 2026 are in. They are shown as filed, not estimated.
Year ends: gross NPA 2.90% (Mar 2024) to 3.49% (Mar 2026)
- Gross NPA 3.49%
- Net NPA 1.29%
| Quarter | Gross NPA | Net NPA |
|---|---|---|
| Mar 2024 | 2.9% | 1.52% |
| Mar 2025 | 2.45% | 1.35% |
| Mar 2026 | 3.49% | 1.29% |
Jun 2026: gross NPA 3.76% (−0.37 points on a year earlier)
- Gross NPA 3.76%
- Net NPA 1.22%
| Quarter | Gross NPA | Net NPA |
|---|---|---|
| Dec 2023 | 2.9% | 1.52% |
| Mar 2024 | 2.9% | 1.52% |
| Jun 2024 | 2.19% | 0.95% |
| Sep 2024 | 2.19% | 1.04% |
| Dec 2024 | 2.68% | 1.5% |
| Mar 2025 | 2.45% | 1.35% |
| Jun 2025 | 4.13% | 2.06% |
| Sep 2025 | 3.97% | 1.97% |
| Dec 2025 | 3.75% | 1.68% |
| Mar 2026 | 3.49% | 1.29% |
| Jun 2026 | 3.76% | 1.22% |
In short: a lender's profit growth is only as good as its loans, and this loan book is better than a year ago. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.
Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.
How fast is IREDA's loan book growing?
Indian Renewable Energy Development Agency Ltd's revenue was ₹8,337 Cr in FY26, +23.4% on the year before, so the loan book is growing. The latest quarter was +14.0% on a year earlier. The net margin on that income is 23.6%, −3.1 percentage points on a year ago.
We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.
Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.
FY26: revenue ₹8,337 Cr (+23.4% on the year before), net margin 22.5%
- Revenue ₹8,337
| Quarter | Revenue |
|---|---|
| FY16 | ₹1,174 |
| FY17 | ₹1,331 |
| FY18 | ₹1,810 |
| FY19 | ₹2,020 |
| FY20 | ₹2,369 |
| FY21 | ₹2,655 |
| FY22 | ₹2,860 |
| FY23 | ₹3,483 |
| FY24 | ₹4,965 |
| FY25 | ₹6,754 |
| FY26 | ₹8,337 |
Net margin
- Net margin 22.5%
| Quarter | Net margin |
|---|---|
| FY16 | 25.4% |
| FY17 | 15.8% |
| FY18 | 22.4% |
| FY19 | 12.4% |
| FY20 | 9.1% |
| FY21 | 13% |
| FY22 | 22.2% |
| FY23 | 24.8% |
| FY24 | 25.2% |
| FY25 | 25.2% |
| FY26 | 22.5% |
In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.
What is IREDA's P/BV ratio, and how does it compare with its own history?
Indian Renewable Energy Development Agency Ltd's P/BV is 2.1×, about the lowest it has ever been. Its usual P/BV (the middle reading) is 4.1×, over 2.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.
P/BV 2.1× against a usual 4.1×: about the lowest it has ever been
- P/BV 1.90×
- Median 4.10×
| Week | P/BV | Median |
|---|---|---|
| 20 Jan 2024 | 6.10× | 4.10× |
| 25 Jan 2024 | 6.90× | 4.10× |
| 2 Feb 2024 | 8.00× | 4.10× |
| 9 Feb 2024 | 7.30× | 4.10× |
| 16 Feb 2024 | 7.30× | 4.10× |
| 23 Feb 2024 | 6.50× | 4.10× |
| 2 Mar 2024 | 6.60× | 4.10× |
| 7 Mar 2024 | 6.00× | 4.10× |
| 15 Mar 2024 | 5.30× | 4.10× |
| 22 Mar 2024 | 5.70× | 4.10× |
| 28 Mar 2024 | 5.50× | 4.10× |
| 19 Apr 2024 | 5.00× | 4.10× |
| 26 Apr 2024 | 5.40× | 4.10× |
| 3 May 2024 | 5.60× | 4.10× |
| 10 May 2024 | 5.20× | 4.10× |
| 18 May 2024 | 5.50× | 4.10× |
| 24 May 2024 | 5.80× | 4.10× |
| 31 May 2024 | 5.80× | 4.10× |
| 7 Jun 2024 | 5.70× | 4.10× |
| 14 Jun 2024 | 5.60× | 4.10× |
| 21 Jun 2024 | 5.90× | 4.10× |
| 28 Jun 2024 | 6.00× | 4.10× |
| 5 Jul 2024 | 7.20× | 4.10× |
| 12 Jul 2024 | 8.10× | 4.10× |
| 19 Jul 2024 | 8.10× | 4.10× |
| 26 Jul 2024 | 8.10× | 4.10× |
| 2 Aug 2024 | 8.00× | 4.10× |
| 9 Aug 2024 | 7.60× | 4.10× |
| 16 Aug 2024 | 7.50× | 4.10× |
| 23 Aug 2024 | 8.10× | 4.10× |
| 30 Aug 2024 | 7.60× | 4.10× |
| 6 Sep 2024 | 7.10× | 4.10× |
| 13 Sep 2024 | 7.30× | 4.10× |
| 20 Sep 2024 | 7.30× | 4.10× |
| 27 Sep 2024 | 7.30× | 4.10× |
| 4 Oct 2024 | 6.40× | 4.10× |
| 11 Oct 2024 | 6.60× | 4.10× |
| 18 Oct 2024 | 6.20× | 4.10× |
| 25 Oct 2024 | 5.50× | 4.10× |
| 1 Nov 2024 | 6.10× | 4.10× |
| 8 Nov 2024 | 5.80× | 4.10× |
| 14 Nov 2024 | 5.50× | 4.10× |
| 22 Nov 2024 | 5.30× | 4.10× |
| 29 Nov 2024 | 5.90× | 4.10× |
| 6 Dec 2024 | 6.40× | 4.10× |
| 13 Dec 2024 | 6.30× | 4.10× |
| 20 Dec 2024 | 5.90× | 4.10× |
| 27 Dec 2024 | 5.70× | 4.10× |
| 3 Jan 2025 | 6.60× | 4.10× |
| 10 Jan 2025 | 5.80× | 4.10× |
| 17 Jan 2025 | 6.00× | 4.10× |
| 24 Jan 2025 | 5.60× | 4.10× |
| 1 Feb 2025 | 5.60× | 4.10× |
| 7 Feb 2025 | 5.40× | 4.10× |
| 14 Feb 2025 | 4.80× | 4.10× |
| 21 Feb 2025 | 5.10× | 4.10× |
| 28 Feb 2025 | 4.50× | 4.10× |
| 7 Mar 2025 | 4.30× | 4.10× |
| 13 Mar 2025 | 4.00× | 4.10× |
| 21 Mar 2025 | 4.50× | 4.10× |
| 28 Mar 2025 | 4.60× | 4.10× |
| 4 Apr 2025 | 4.90× | 4.10× |
| 11 Apr 2025 | 4.80× | 4.10× |
| 17 Apr 2025 | 5.40× | 4.10× |
| 25 Apr 2025 | 5.30× | 4.10× |
| 2 May 2025 | 5.20× | 4.10× |
| 9 May 2025 | 4.90× | 4.10× |
| 16 May 2025 | 5.40× | 4.10× |
| 23 May 2025 | 5.40× | 4.10× |
| 30 May 2025 | 5.50× | 4.10× |
| 6 Jun 2025 | 5.50× | 4.10× |
| 13 Jun 2025 | 5.20× | 4.10× |
| 20 Jun 2025 | 5.20× | 4.10× |
| 27 Jun 2025 | 5.30× | 4.10× |
| 4 Jul 2025 | 5.20× | 4.10× |
| 11 Jul 2025 | 5.00× | 4.10× |
| 18 Jul 2025 | 4.90× | 4.10× |
| 25 Jul 2025 | 4.00× | 4.10× |
| 1 Aug 2025 | 3.80× | 4.10× |
| 8 Aug 2025 | 3.70× | 4.10× |
| 14 Aug 2025 | 3.80× | 4.10× |
| 22 Aug 2025 | 3.90× | 4.10× |
| 29 Aug 2025 | 3.70× | 4.10× |
| 5 Sep 2025 | 3.80× | 4.10× |
| 12 Sep 2025 | 3.90× | 4.10× |
| 19 Sep 2025 | 4.20× | 4.10× |
| 26 Sep 2025 | 3.80× | 4.10× |
| 3 Oct 2025 | 3.40× | 4.10× |
| 10 Oct 2025 | 3.30× | 4.10× |
| 17 Oct 2025 | 3.30× | 4.10× |
| 24 Oct 2025 | 3.30× | 4.10× |
| 31 Oct 2025 | 3.30× | 4.10× |
| 7 Nov 2025 | 3.20× | 4.10× |
| 14 Nov 2025 | 3.20× | 4.10× |
| 21 Nov 2025 | 3.10× | 4.10× |
| 28 Nov 2025 | 3.10× | 4.10× |
| 5 Dec 2025 | 2.90× | 4.10× |
| 12 Dec 2025 | 3.00× | 4.10× |
| 19 Dec 2025 | 2.90× | 4.10× |
| 26 Dec 2025 | 3.10× | 4.10× |
| 2 Jan 2026 | 3.20× | 4.10× |
| 9 Jan 2026 | 3.00× | 4.10× |
| 16 Jan 2026 | 3.00× | 4.10× |
| 23 Jan 2026 | 2.80× | 4.10× |
| 1 Feb 2026 | 2.80× | 4.10× |
| 6 Feb 2026 | 2.80× | 4.10× |
| 9 Feb 2026 | 2.80× | 4.10× |
| 12 Feb 2026 | 2.70× | 4.10× |
| 13 Feb 2026 | 2.70× | 4.10× |
| 17 Feb 2026 | 2.80× | 4.10× |
| 20 Feb 2026 | 2.80× | 4.10× |
| 27 Feb 2026 | 2.70× | 4.10× |
| 6 Mar 2026 | 2.50× | 4.10× |
| 13 Mar 2026 | 2.50× | 4.10× |
| 20 Mar 2026 | 2.50× | 4.10× |
| 27 Mar 2026 | 2.50× | 4.10× |
| 2 Apr 2026 | 3.00× | 4.10× |
| 6 Apr 2026 | 2.50× | 4.10× |
| 10 Apr 2026 | 3.20× | 4.10× |
| 17 Apr 2026 | 3.40× | 4.10× |
| 24 Apr 2026 | 3.50× | 4.10× |
| 30 Apr 2026 | 3.50× | 4.10× |
| 8 May 2026 | 3.50× | 4.10× |
| 15 May 2026 | 3.30× | 4.10× |
| 22 May 2026 | 3.30× | 4.10× |
| 29 May 2026 | 3.50× | 4.10× |
| 4 Jun 2026 | 2.50× | 4.10× |
| 5 Jun 2026 | 3.20× | 4.10× |
| 10 Jun 2026 | 2.50× | 4.10× |
| 12 Jun 2026 | 3.20× | 4.10× |
| 17 Jun 2026 | 2.60× | 4.10× |
| 19 Jun 2026 | 3.30× | 4.10× |
| 24 Jun 2026 | 2.60× | 4.10× |
| 25 Jun 2026 | 3.30× | 4.10× |
| 1 Jul 2026 | 2.60× | 4.10× |
| 3 Jul 2026 | 3.30× | 4.10× |
| 10 Jul 2026 | 3.30× | 4.10× |
| 17 Jul 2026 | 3.10× | 4.10× |
| 24 Jul 2026 | 3.10× | 4.10× |
| 31 Jul 2026 | 3.10× | 4.10× |
| 7 Aug 2026 | 3.10× | 4.10× |
| 14 Aug 2026 | 3.00× | 4.10× |
| 21 Aug 2026 | 3.00× | 4.10× |
| 28 Aug 2026 | 3.00× | 4.10× |
| 4 Sep 2026 | 2.90× | 4.10× |
| 11 Sep 2026 | 2.90× | 4.10× |
| 18 Sep 2026 | 2.30× | 4.10× |
| 25 Sep 2026 | 2.30× | 4.10× |
| 28 Sep 2026 | 2.40× | 4.10× |
| 1 Oct 2026 | 2.20× | 4.10× |
| 9 Oct 2026 | 2.00× | 4.10× |
| 16 Oct 2026 | 2.10× | 4.10× |
| 23 Oct 2026 | 2.00× | 4.10× |
| 30 Oct 2026 | 1.90× | 4.10× |
Book value per share
- Book value per share ₹52
| Week | Book value per share |
|---|---|
| 20 Jan 2024 | – |
| 25 Jan 2024 | – |
| 2 Feb 2024 | – |
| 9 Feb 2024 | – |
| 16 Feb 2024 | – |
| 23 Feb 2024 | – |
| 2 Mar 2024 | – |
| 7 Mar 2024 | – |
| 15 Mar 2024 | – |
| 22 Mar 2024 | – |
| 28 Mar 2024 | ₹25 |
| 19 Apr 2024 | ₹25 |
| 26 Apr 2024 | ₹25 |
| 3 May 2024 | ₹25 |
| 10 May 2024 | ₹25 |
| 18 May 2024 | ₹25 |
| 24 May 2024 | ₹25 |
| 31 May 2024 | ₹25 |
| 7 Jun 2024 | ₹25 |
| 14 Jun 2024 | ₹25 |
| 21 Jun 2024 | ₹25 |
| 28 Jun 2024 | ₹32 |
| 5 Jul 2024 | ₹32 |
| 12 Jul 2024 | ₹32 |
| 19 Jul 2024 | ₹32 |
| 26 Jul 2024 | ₹32 |
| 2 Aug 2024 | ₹32 |
| 9 Aug 2024 | ₹32 |
| 16 Aug 2024 | ₹32 |
| 23 Aug 2024 | ₹32 |
| 30 Aug 2024 | ₹32 |
| 6 Sep 2024 | ₹32 |
| 13 Sep 2024 | ₹32 |
| 20 Sep 2024 | ₹32 |
| 27 Sep 2024 | ₹32 |
| 4 Oct 2024 | ₹32 |
| 11 Oct 2024 | ₹32 |
| 18 Oct 2024 | ₹32 |
| 25 Oct 2024 | ₹32 |
| 1 Nov 2024 | ₹32 |
| 8 Nov 2024 | ₹32 |
| 14 Nov 2024 | ₹32 |
| 22 Nov 2024 | ₹32 |
| 29 Nov 2024 | ₹32 |
| 6 Dec 2024 | ₹32 |
| 13 Dec 2024 | ₹32 |
| 20 Dec 2024 | ₹32 |
| 27 Dec 2024 | ₹35 |
| 3 Jan 2025 | ₹35 |
| 10 Jan 2025 | ₹35 |
| 17 Jan 2025 | ₹35 |
| 24 Jan 2025 | ₹35 |
| 1 Feb 2025 | ₹35 |
| 7 Feb 2025 | ₹35 |
| 14 Feb 2025 | ₹35 |
| 21 Feb 2025 | ₹35 |
| 28 Feb 2025 | ₹35 |
| 7 Mar 2025 | ₹35 |
| 13 Mar 2025 | ₹35 |
| 21 Mar 2025 | ₹35 |
| 28 Mar 2025 | ₹35 |
| 4 Apr 2025 | ₹35 |
| 11 Apr 2025 | ₹35 |
| 17 Apr 2025 | ₹35 |
| 25 Apr 2025 | ₹35 |
| 2 May 2025 | ₹35 |
| 9 May 2025 | ₹35 |
| 16 May 2025 | ₹35 |
| 23 May 2025 | ₹35 |
| 30 May 2025 | ₹35 |
| 6 Jun 2025 | ₹35 |
| 13 Jun 2025 | ₹35 |
| 20 Jun 2025 | ₹35 |
| 27 Jun 2025 | ₹32 |
| 4 Jul 2025 | ₹32 |
| 11 Jul 2025 | ₹32 |
| 18 Jul 2025 | ₹32 |
| 25 Jul 2025 | ₹32 |
| 1 Aug 2025 | ₹32 |
| 8 Aug 2025 | ₹32 |
| 14 Aug 2025 | ₹32 |
| 22 Aug 2025 | ₹32 |
| 29 Aug 2025 | ₹32 |
| 5 Sep 2025 | ₹32 |
| 12 Sep 2025 | ₹32 |
| 19 Sep 2025 | ₹32 |
| 26 Sep 2025 | ₹39 |
| 3 Oct 2025 | ₹39 |
| 10 Oct 2025 | ₹39 |
| 17 Oct 2025 | ₹39 |
| 24 Oct 2025 | ₹39 |
| 31 Oct 2025 | ₹39 |
| 7 Nov 2025 | ₹39 |
| 14 Nov 2025 | ₹39 |
| 21 Nov 2025 | ₹39 |
| 28 Nov 2025 | ₹39 |
| 5 Dec 2025 | ₹39 |
| 12 Dec 2025 | ₹39 |
| 19 Dec 2025 | ₹39 |
| 26 Dec 2025 | ₹46 |
| 2 Jan 2026 | ₹46 |
| 9 Jan 2026 | ₹46 |
| 16 Jan 2026 | ₹46 |
| 23 Jan 2026 | ₹46 |
| 1 Feb 2026 | ₹46 |
| 6 Feb 2026 | ₹46 |
| 9 Feb 2026 | ₹46 |
| 12 Feb 2026 | ₹46 |
| 13 Feb 2026 | ₹46 |
| 17 Feb 2026 | ₹46 |
| 20 Feb 2026 | ₹46 |
| 27 Feb 2026 | ₹46 |
| 6 Mar 2026 | ₹46 |
| 13 Mar 2026 | ₹46 |
| 20 Mar 2026 | ₹46 |
| 27 Mar 2026 | ₹46 |
| 2 Apr 2026 | ₹46 |
| 6 Apr 2026 | ₹46 |
| 10 Apr 2026 | ₹46 |
| 17 Apr 2026 | ₹46 |
| 24 Apr 2026 | ₹46 |
| 30 Apr 2026 | ₹46 |
| 8 May 2026 | ₹46 |
| 15 May 2026 | ₹46 |
| 22 May 2026 | ₹46 |
| 29 May 2026 | ₹46 |
| 4 Jun 2026 | ₹46 |
| 5 Jun 2026 | ₹46 |
| 10 Jun 2026 | ₹46 |
| 12 Jun 2026 | ₹46 |
| 17 Jun 2026 | ₹46 |
| 19 Jun 2026 | ₹46 |
| 24 Jun 2026 | ₹46 |
| 25 Jun 2026 | ₹39 |
| 1 Jul 2026 | ₹39 |
| 3 Jul 2026 | ₹39 |
| 10 Jul 2026 | ₹39 |
| 17 Jul 2026 | ₹39 |
| 24 Jul 2026 | ₹39 |
| 31 Jul 2026 | ₹39 |
| 7 Aug 2026 | ₹39 |
| 14 Aug 2026 | ₹39 |
| 21 Aug 2026 | ₹39 |
| 28 Aug 2026 | ₹39 |
| 4 Sep 2026 | ₹39 |
| 11 Sep 2026 | ₹39 |
| 18 Sep 2026 | ₹39 |
| 25 Sep 2026 | ₹39 |
| 28 Sep 2026 | ₹48 |
| 1 Oct 2026 | ₹48 |
| 9 Oct 2026 | ₹48 |
| 16 Oct 2026 | ₹48 |
| 23 Oct 2026 | ₹48 |
| 30 Oct 2026 | ₹52 |
PEG 1.38: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 1.38×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Q4 FY24 | 0.88× | 1.00× |
| Q1 FY25 | 1.42× | 1.00× |
| Q2 FY25 | 2.32× | 1.00× |
| Q3 FY25 | 2.28× | 1.00× |
| Q4 FY25 | 1.01× | 1.00× |
| Q1 FY26 | 2.73× | 1.00× |
| Q2 FY26 | 1.45× | 1.00× |
| Q3 FY26 | 1.12× | 1.00× |
| Q4 FY26 | 3.02× | 1.00× |
| Q1 FY27 | 0.88× | 1.00× |
| Q2 FY27 | 1.38× | 1.00× |
Why the multiple is where it is: over the past year book value grew while the price moved −29.0%. Price and book value moved together, so the multiple stayed in its range.
In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple.
Is the IREDA business getting better or worse?
Indian Renewable Energy Development Agency Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 13.7%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +23.4% in FY26, profit +10.2%
- Revenue growth 23.4%
| Quarter | Revenue growth |
|---|---|
| FY16 | 5% |
| FY17 | 13.4% |
| FY18 | 36% |
| FY19 | 11.6% |
| FY20 | 17.3% |
| FY21 | 12.1% |
| FY22 | 7.7% |
| FY23 | 21.8% |
| FY24 | 42.5% |
| FY25 | 36% |
| FY26 | 23.4% |
Profit growth, EPS growth
- Profit growth 10.2%
- EPS growth 5.5%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY16 | 9.6% | 9.5% |
| FY17 | −29.5% | −29.5% |
| FY18 | 92.9% | 92.9% |
| FY19 | −38.3% | −38.3% |
| FY20 | −14% | −14.4% |
| FY21 | 60.9% | 61.9% |
| FY22 | 83.2% | −37.3% |
| FY23 | 36.4% | 36.5% |
| FY24 | 44.7% | 23.3% |
| FY25 | 35.7% | 35.6% |
| FY26 | 10.2% | 5.5% |
Three growth lines over twelve quarters: revenue rolling over, profit stabilising
- Revenue 17%
| Quarter | Revenue |
|---|---|
| Dec 2023 | 116.4% |
| Mar 2024 | 88.5% |
| Jun 2024 | 56.2% |
| Sep 2024 | 36.9% |
| Dec 2024 | 35.1% |
| Mar 2025 | 35.8% |
| Jun 2025 | 34.7% |
| Sep 2025 | 31.5% |
| Dec 2025 | 29% |
| Mar 2026 | 23.2% |
| Jun 2026 | 19.9% |
| Sep 2026 | 17% |
Profit, EPS
- Profit 14.3%
- EPS 11.5%
| Quarter | Profit | EPS |
|---|---|---|
| Dec 2023 | 39.8% | −11% |
| Mar 2024 | 44.9% | 33.2% |
| Jun 2024 | 43.7% | 26.9% |
| Sep 2024 | 39.6% | 18.8% |
| Dec 2024 | 31.1% | 16.5% |
| Mar 2025 | 35.6% | 25.1% |
| Jun 2025 | 16.4% | 11.2% |
| Sep 2025 | 19.2% | 16.7% |
| Dec 2025 | 22.8% | 18.7% |
| Mar 2026 | 10.3% | 5.4% |
| Jun 2026 | 25.8% | 21% |
| Sep 2026 | 14.3% | 11.5% |
ROE: the return line, worked out each quarter
- ROE 13.7%
| Quarter | ROE |
|---|---|
| Dec 2023 | 17.8% |
| Mar 2024 | 14.6% |
| Jun 2024 | 15.7% |
| Sep 2024 | 15.5% |
| Dec 2024 | – |
| Mar 2025 | 16.5% |
| Jun 2025 | 12.6% |
| Sep 2025 | 13.3% |
| Dec 2025 | 13.9% |
| Mar 2026 | 13.6% |
| Jun 2026 | 14.3% |
| Sep 2026 | 13.7% |
Why it matters: steady growth with healthy returns is how a business compounds over time.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +23.4% | +33.8% | +25.7% | +21.7% |
| Profit | +10.2% | +29.4% | +40.2% | +20.2% |
| EPS | +5.5% | +20.8% | +8.6% | +5.8% |
| Share price | −29.0% | +19.1% | — | — |
How much does IREDA earn on its equity and assets?
Indian Renewable Energy Development Agency Ltd earned a return on equity of 16% in FY26. Its lowest yearly reading on file was 8% in FY20. On its assets, every ₹100 earned about ₹2.12, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.
Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.
That is above the level a bank needs to grow its net worth steadily.
FY26: ROE 16%, ROA 2.20%, up from a FY20 low of 8%
- ROE 16%
| Quarter | ROE |
|---|---|
| FY15 | 12% |
| FY17 | 9% |
| FY18 | 17% |
| FY19 | 11% |
| FY20 | 8% |
| FY21 | 13% |
| FY22 | 15% |
| FY23 | 15% |
| FY24 | 17% |
| FY25 | 18% |
| FY26 | 16% |
ROA
- ROA 2.2%
| Quarter | ROA |
|---|---|
| FY15 | – |
| FY17 | – |
| FY18 | – |
| FY19 | – |
| FY20 | – |
| FY21 | – |
| FY22 | 1.9% |
| FY23 | 2% |
| FY24 | 2.2% |
| FY25 | 2.4% |
| FY26 | 2.2% |
Q2 FY27: ROE 9.8% (last 12 months)
- ROE (12 months) 9.8%
| Quarter | ROE (12 months) |
|---|---|
| Q1 FY24 | 17.5% |
| Q2 FY24 | 19.3% |
| Q3 FY24 | 17.7% |
| Q4 FY24 | 20.4% |
| Q1 FY25 | 17.8% |
| Q2 FY25 | 17.9% |
| Q3 FY25 | 17.3% |
| Q2 FY26 | 8.7% |
| Q3 FY26 | 17.4% |
| Q4 FY26 | 17.7% |
| Q1 FY27 | 14.4% |
| Q2 FY27 | 9.8% |
ROA (12 months)
- ROA (12 months) 2.1%
| Quarter | ROA (12 months) |
|---|---|
| Q1 FY24 | – |
| Q2 FY24 | 2.3% |
| Q3 FY24 | 2.2% |
| Q4 FY24 | – |
| Q1 FY25 | – |
| Q2 FY25 | – |
| Q3 FY25 | – |
| Q2 FY26 | 1.2% |
| Q3 FY26 | 2.6% |
| Q4 FY26 | 2.6% |
| Q1 FY27 | 2.1% |
| Q2 FY27 | – |
Why ROE moved: profit grew 20.2% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low.
Does IREDA have too much debt?
For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.
For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.
What is the IREDA shareholding pattern?
Promoters cut their stake in Indian Renewable Energy Development Agency Ltd by 3.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 71.8% of the company. Domestic institutions moved +2.2 points over the same period, to 2.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.
Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.
Over the last two years: Promoters: −3.2 points over 8 quarters, to 71.8%; Domestic institutions: +2.2 points over 8 quarters, to 2.5%; Foreign institutions: +0.5 points over 8 quarters, to 2.6%.
Why the owners changed: promoters drove it (−3.2 points), with the other side taken by domestic institutions (+2.2 points). They reduced their stake.
Year ends: promoters −3.2 points from Mar 2024 to Mar 2026
- Promoters 71.76%
- Foreign inst. 2.14%
- Domestic inst. 2.44%
- Public 23.65%
| Quarter | Promoters | Foreign inst. | Domestic inst. | Public |
|---|---|---|---|---|
| Mar 2024 | 75% | 1.36% | 0.94% | 22.7% |
| Mar 2025 | 75% | 1.74% | 0.51% | 22.74% |
| Mar 2026 | 71.76% | 2.14% | 2.44% | 23.65% |
Promoters cut their stake by 3.2 points over 8 quarters
- Promoters 71.76%
- Foreign inst. 2.57%
- Domestic inst. 2.52%
- Public 23.14%
| Quarter | Promoters | Foreign inst. | Domestic inst. | Public |
|---|---|---|---|---|
| Dec 2023 | 75% | 1.88% | 4.37% | 18.75% |
| Mar 2024 | 75% | 1.36% | 0.94% | 22.7% |
| Jun 2024 | 75% | 2.7% | 0.42% | 21.87% |
| Sep 2024 | 75% | 2.02% | 0.35% | 22.62% |
| Dec 2024 | 75% | 1.85% | 0.63% | 22.51% |
| Mar 2025 | 75% | 1.74% | 0.51% | 22.74% |
| Jun 2025 | 71.76% | 2.04% | 2.95% | 23.24% |
| Sep 2025 | 71.76% | 1.92% | 2.57% | 23.75% |
| Dec 2025 | 71.76% | 2.07% | 2.51% | 23.67% |
| Mar 2026 | 71.76% | 2.14% | 2.44% | 23.65% |
| Jun 2026 | 71.76% | 2.48% | 2.39% | 23.35% |
| Sep 2026 | 71.76% | 2.57% | 2.52% | 23.14% |
How far is IREDA from balance-sheet trouble?
For Indian Renewable Energy Development Agency Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
How does IREDA rank in its industry?
66.9 out of 100, rank 1 of 6 in Finance - PSU Lending, with 93% of the evidence available.
Indian Renewable Energy Development Agency Ltd scores 66.9 out of 100 against the 6 companies it is compared with in Finance - PSU Lending, ranking 1. Earnings are strong; relative strength in its sector is -20.1% and the one-year return is -34.5%.
The four parts add up to the total exactly: 28.3 + 18.8 + 15.3 + 4.5 = 66.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.
Which companies is IREDA compared with?
IREDA ranks 1 of 6 Finance - PSU Lending companies on the 4-Factor Sector Score, with 66.9 out of 100.
- 1Indian Renewable Energy Development Agency Ltd this pageIREDA · quiet · Most evidence points up · 93% evidence66.9out of 100
How the score adds up
Growth & earnings 28.3/35 · Income 17% · Profit 14.3% · 100% evidenceCapital efficiency 18.8/25 · ROA 2% · ROE 15.6% · GNPA — · 72% evidenceValuation 15.3/20 · P/BV 1.95× · P/BV÷ROE 0.13 · 100% evidenceRelative strength 4.5/20 · Lead over its industry -20.1% · Lead over NIFTY 500 -16.4% · 1 year -34.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 28.3 + 18.8 + 15.3 + 4.5 = 66.9 · What this means: Earnings are strong; relative strength in its sector is -20.1% and the one-year return is -34.5%. - 2Tourism Finance Corporation of India LtdTFCILTD · leader · Most evidence points up · 97% evidence66.2out of 100
How the score adds up
Growth & earnings 25.1/35 · Income 14.6% · Profit 40% · 100% evidenceCapital efficiency 18.7/25 · ROA 5.1% · ROE 9.8% · GNPA 0.4% · 88% evidenceValuation 2.4/20 · P/BV 5.35× · P/BV÷ROE 0.55 · 100% evidenceRelative strength 20.0/20 · Lead over its industry 82.9% · Lead over NIFTY 500 86.6% · 1 year 128.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 25.1 + 18.7 + 2.4 + 20 = 66.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 3Power Finance Corporation LtdPFC · basing · Evidence leans up · 79% evidence56.5out of 100
How the score adds up
Growth & earnings 16.0/35 · Income 4.6% · Profit 4.1% · 67% evidenceCapital efficiency 19.7/25 · ROA — · ROE 20.7% · GNPA 0.7% · 61% evidenceValuation 17.5/20 · P/BV 0.73× · P/BV÷ROE 0.04 · 100% evidenceRelative strength 3.3/20 · Lead over its industry -19.1% · Lead over NIFTY 500 -15.7% · 1 year -22.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 16 + 19.7 + 17.5 + 3.3 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4REC LtdRECLTD · quiet · Evidence leans down · 88% evidence47.2out of 100
How the score adds up
Growth & earnings 4.3/35 · Income -0.8% · Profit -12.6% · 86% evidenceCapital efficiency 20.2/25 · ROA 2.2% · ROE 20.1% · GNPA — · 72% evidenceValuation 16.2/20 · P/BV 0.79× · P/BV÷ROE 0.04 · 100% evidenceRelative strength 6.5/20 · Lead over its industry -16.5% · Lead over NIFTY 500 -12.8% · 1 year -23.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 4.3 + 20.2 + 16.2 + 6.5 = 47.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 5IFCI LtdIFCI · quiet · Most evidence points down · 70% evidence34.8out of 100
How the score adds up
Growth & earnings 11.1/35 · Income 4.8% · Profit -13.3% · 55% evidenceCapital efficiency 12.1/25 · ROA 1.7% · ROE 2% · GNPA — · 68% evidenceValuation 4.8/20 · P/BV 1.65× · P/BV÷ROE 0.84 · 70% evidenceRelative strength 6.8/20 · Lead over its industry -13.9% · Lead over NIFTY 500 -11.4% · 1 year -5.7% · 100% evidence · 4 of 12 weeks aheadExact sum: 11.1 + 12.1 + 4.8 + 6.8 = 34.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Haryana Financial Corporation LtdHARAFIN · Too little evidence to rank firmly · 33% evidence43.3out of 100
How the score adds up
Growth & earnings 28.1/43.75 · Income 100% · Profit 100% · 29% evidenceCapital efficiency 11.4/31.25 · ROA — · ROE 3.5% · GNPA — · 34% evidenceValuation 3.8/25 · P/BV 6.06× · P/BV÷ROE 1.76 · 70% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 28.1 + 11.4 + 3.8 = 43.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Finance - PSU Lending, all 6 compared on one page.
Which companies are close to IREDA in size?
IREDA is the 3rd largest of 6 Finance - PSU Lending companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Power Finance Corporation and REC. Just below it: IFCI, Tourism Finance Corporation of India and Haryana Financial Corporation.
Finance - PSU Lending companies close in size
- Power Finance Corporation Ltd ₹1,03,491 crore
- REC Ltd ₹75,205 crore
- Indian Renewable Energy Development Agency Ltd ₹27,952 crore
- IFCI Ltd ₹14,730 crore
- Tourism Finance Corporation of India Ltd ₹7,460 crore
- Haryana Financial Corporation Ltd ₹1,360 crore
All 6 Finance - PSU Lending companies, largest first
Companies close in size in other industries
- Exide Industries Ltd ₹28,518 crore · Auto Ancillaries - Batteries
- Tata Investment Corporation Ltd ₹28,475 crore · Finance - Holding Company
- Indian Renewable Energy Development Agency Ltd ₹27,952 crore
- Godfrey Phillips India Ltd ₹27,948 crore · Cigarettes & Tobacco Products
- Jubilant Foodworks Ltd ₹27,839 crore · Quick Service Restaurant - QSR
What else do people ask about IREDA?
What is IREDA's share price today?
Indian Renewable Energy Development Agency Ltd's share price is ₹106.00, −29.0% over the past year. The whole company is worth ₹29,778 Cr on the market.
In the last 52 weeks it traded between ₹100 to ₹150; today it is 13% of the way up from the low, 13.5% below its 200-day average (as of 4 November 2026).
What were IREDA's latest quarterly results?
Indian Renewable Energy Development Agency Ltd reported total income of ₹2,344 Cr and net profit of ₹554 Cr for the Sep 2026 quarter. Income rose 14.0% and profit rose 0.9% compared with a year earlier. Earnings per share were ₹1.97.
Gross NPA stood at 3.76% of the loan book (as of 4 November 2026).
What is IREDA's market cap?
Indian Renewable Energy Development Agency Ltd's market capitalisation is ₹29,778 Cr at a share price of ₹106.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is IREDA performing?
Indian Renewable Energy Development Agency Ltd's share price has been falling for 88 weeks. In its latest quarter, income rose 14.0% and profit rose 0.9% compared with a year earlier.
Over the past 13 weeks it has done worse than the NIFTY 500, for 23 weeks running (as of 4 November 2026).
Will IREDA's share price go up?
This page does not forecast Indian Renewable Energy Development Agency Ltd's share price. What it shows instead: the share price is ₹106.00, and it has been falling for 88 weeks. Its P/BV of 2.1× is higher than 2% of its own last 3 years (as of 4 November 2026).
Who owns IREDA?
Promoters own 71.8% of Indian Renewable Energy Development Agency Ltd, foreign institutions 2.6%, domestic institutions 2.5% and the public 23.1% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 3.2 percentage points over 8 quarters (as of 4 November 2026).
Where is IREDA in its business cycle?
Indian Renewable Energy Development Agency Ltd's FY26 net margin was 22.5%, against a 12-year range of 9.1% to 25.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 23.6%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the IREDA story?
The main question: yearly earnings per share moved +5.5% while the share price moved −29.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is IREDA a stock worth studying right now?
What the numbers show: Indian Renewable Energy Development Agency Ltd's earnings have grown faster than its share price. Earnings per share grew +5.5% in a year while the price moved −29.0%. The main open question: whether the price catches up with earnings that have already grown.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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