Indian Renewable Key Ratios
NSE: IREDA | BSE: 544026
₹113.64
As on 04-Sep-2026 15:57IST
Market cap
₹31,913 Cr
Revenue (TTM)
₹8,612 Cr
P/E Ratio
16.2
P/B Ratio
2.3
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.38 | 15.46 | 19.93 | -- | 26.03 |
| EBIT | -5.48 | 16.02 | 18.65 | -- | 28.05 |
| Net Profit | -31.51 | 36.82 | 28.18 | -- | 40.16 |
| EPS | -31.51 | 36.82 | 21.17 | -- | 8.71 |
| Book Value | -- | -- | 28.47 | -- | 5.15 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 91.74 | -- | 86.34 | 86.80 | 92.42 |
| Net Margin
| 24.14 | -- | 22.72 | 22.47 | 25.14 |
| Return on equity
| 16.97 | -- | 14.72 | 15.58 | 18.04 |
| Return on Assets
| 2.23 | -- | 2.27 | 2.15 | 2.38 |
Profitability
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
|
--
|
ROE
14.72
Higher than Peers by 0.01
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
14.72
|
15.58
|
18.04
|
21.67
|
12.56
|
|
Peer Median
|
14.71
|
10.53
|
29.56
|
-2.74
|
--
|
ROA
2.27
Lower than Peers by 1.87
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
2.27
|
2.15
|
2.38
|
2.62
|
1.16
|
|
Peer Median
|
4.13
|
2.15
|
5.55
|
-1.46
|
--
|
EBIT Margin
86.34
Higher than Peers by 58.48
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
86.34
|
86.80
|
92.42
|
95.98
|
80.15
|
|
Peer Median
|
27.87
|
59.59
|
29.00
|
5.84
|
--
|
Net Margin
22.72
Higher than Peers by 7.03
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
22.72
|
22.47
|
25.14
|
24.80
|
13.03
|
|
Peer Median
|
15.70
|
14.28
|
16.90
|
0.14
|
--
|
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
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
19.94
Lower than Peers by 27.58
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
19.94
|
23.24
|
35.85
|
89.90
|
10.42
|
|
Peer Median
|
47.52
|
42.12
|
82.29
|
54.71
|
--
|
EBIT Growth
18.68
Lower than Peers by 39.84
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
18.68
|
15.75
|
30.81
|
--
|
23.59
|
|
Peer Median
|
58.52
|
42.54
|
151.61
|
86.95
|
--
|
Net Profit Growth
28.18
Lower than Peers by 30.24
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
28.18
|
10.34
|
35.62
|
261.49
|
61.46
|
|
Peer Median
|
58.42
|
32.95
|
101.22
|
119.63
|
--
|
EPS Growth
21.17
Higher than Peers by 15.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
21.17
|
5.57
|
35.63
|
6.01
|
61.83
|
|
Peer Median
|
5.98
|
21.26
|
11.45
|
111.54
|
--
|
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
|
--
|
--
|
--
|
--
|
--
|
Solvency
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
|
0.44
|
2.72
|
1.12
|
0.81
|
--
|
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
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.17
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
|
1.17
|
0.18
|
0.21
|
0.25
|
0.40
|
|
Peer Median
|
1.33
|
0.97
|
1.27
|
1.24
|
--
|
Quick Ratio
1.17
Lower than Peers by 0.09
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
1.17
|
0.18
|
0.21
|
0.25
|
0.40
|
|
Peer Median
|
1.25
|
1.26
|
2.00
|
0.70
|
--
|
Interest Coverage
1.49
Lower than Peers by 1.13
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
1.49
|
1.48
|
1.51
|
1.53
|
1.36
|
|
Peer Median
|
2.62
|
1.60
|
1.71
|
1.13
|
--
|
Valuation
Price / Earnings
16.24
Lower than Peers by 1.40
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
|
16.24
|
16.37
|
25.42
|
29.17
|
--
|
|
Peer Median
|
17.64
|
120.03
|
69.96
|
550.62
|
--
|
Price / Book Value
2.26
Lower than Peers by 6.26
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
|
2.26
|
2.23
|
4.20
|
4.27
|
--
|
|
Peer Median
|
8.52
|
3.65
|
4.08
|
1.65
|
--
|
Dividend Yield
1.19
--
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
|
1.19
|
1.24
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
14.50
--
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
|
14.50
|
14.79
|
17.09
|
17.53
|
11.18
|
|
Peer Median
|
--
|
32.27
|
31.23
|
-4.44
|
--
|
Market Cap
31,913
Higher than Peers by 22,950
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-21
|
|---|---|---|---|---|---|
|
Indian Renewable
|
31,913
|
30,677
|
43,165
|
36,527
|
--
|
|
Peer Median
|
8,963
|
15,830
|
12,411
|
101
|
--
|