Stock Report

All about this stock under one free report Last Updated: 31-Oct-2026

Stock Rating

Is this stock worth it? Our ratings reveal the truth.

Wealth Insight New Issue

This month’s issue could change how you invest, read now.

Recently Viewed

Indian Renewable Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

NSE: IREDA | BSE: 544026

₹99.50

up-down-arrow ₹-1.70 (-1.68%)

As on 30-Oct-2026IST

Market cap

info icon

₹27,980 Cr

Revenue (TTM)

info icon

₹8,901 Cr

P/E Ratio

info icon

14.2

P/B Ratio

info icon

2

Div. Yield

info icon

1.4 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 4.24 13.94 16.96 28.18 26.03
EBIT 18.79 9.09 13.81 23.60 28.05
Net Profit 64.23 0.96 21.92 34.99 40.16
EPS 64.23 0.96 11.60 15.72 8.71
Book Value -- -- 28.47 -- 5.15
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 91.74--85.4886.8092.42
Net Margin info 24.14--22.0222.4725.14
Return on equity info 16.97--14.0015.5818.04
Return on Assets info 2.23--2.122.152.38

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
--
8.69
9.37
11.38
8.33
Peer Median
--
8.69
9.29
0.74
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

14.00

Lower than Peers by 0.26

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
14.00
15.58
18.04
21.67
12.56
Peer Median
14.26
10.53
29.56
-2.74
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

2.12

Lower than Peers by 1.30

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
2.12
2.15
2.38
2.62
1.16
Peer Median
3.42
2.15
5.55
-1.46
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

85.48

Higher than Peers by 57.36

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
85.48
86.80
92.42
95.98
80.15
Peer Median
28.12
60.94
29.00
5.84
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

22.02

Higher than Peers by 6.32

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
22.02
22.47
25.14
24.80
13.03
Peer Median
15.70
14.28
16.90
0.14
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
--
23.08
25.76
25.84
14.12
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

16.99

Lower than Peers by 28.25

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
16.99
23.24
35.85
89.90
10.42
Peer Median
45.23
49.22
82.29
54.71
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

13.81

Lower than Peers by 41.16

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
13.81
15.75
30.81
--
23.59
Peer Median
54.96
47.00
151.61
86.95
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

21.92

Lower than Peers by 35.57

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
21.92
10.34
35.62
261.49
61.46
Peer Median
57.49
32.95
101.22
119.63
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

11.60

Higher than Peers by 2.70

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
11.60
5.57
35.63
6.01
61.83
Peer Median
8.90
15.67
11.45
111.54
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
--
34.28
19.94
185.73
18.79
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
--
5.65
6.31
5.80
8.01
Peer Median
0.46
2.72
1.12
0.81
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
--
1.17
1.21
1.02
0.15
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.16

Lower than Peers by 0.16

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
1.16
0.18
0.21
0.25
0.40
Peer Median
1.32
0.97
1.27
1.24
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.16

Lower than Peers by 0.04

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
1.16
0.18
0.21
0.25
0.40
Peer Median
1.21
1.28
2.00
0.70
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

1.47

Lower than Peers by 0.69

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
1.47
1.48
1.51
1.53
1.36
Peer Median
2.17
1.60
1.71
1.13
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

14.21

Lower than Peers by 1.36

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
14.21
16.37
25.42
29.17
--
Peer Median
15.57
105.80
69.96
550.62
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

1.95

Lower than Peers by 1.66

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
1.95
2.23
4.20
4.27
--
Peer Median
3.61
3.42
4.08
1.65
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

1.36

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
1.36
1.24
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

9.72

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
9.72
14.79
17.09
17.53
11.18
Peer Median
--
31.56
31.23
-4.44
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

27,980

No difference

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-21
Indian Renewable
27,980
30,677
43,165
36,527
--
Peer Median
27,980
14,612
12,411
101
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...

Mutual Fund Insight turns 24! 🎉 Get 2 FREE anniversary guides: The Right SIP + The Big Funds