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Day Open
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Day High
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NSE Close — 29 Sep 2026
₹111.0
Change
-3.82 (-3.33%)
Open
₹114.82
Prev. Close
₹114.82
Day High
₹116.54
Day Low
₹111.0
Volume Analysis
Traded
8,686,276
Delivered
1,839,728
Delivery %
21.18%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (2)
- •High debt-to-equity ratio (5.65)
- •Promoter holding is falling
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹120.24 | ₹118.39 | ₹114.7 | ₹112.85 | ₹109.16 | ₹107.31 | ₹103.62 |
| Fibonacci | ₹118.39 | ₹116.27 | ₹114.97 | ₹112.85 | ₹110.73 | ₹109.43 | ₹107.31 |
| Camarilla | ₹112.52 | ₹112.02 | ₹111.51 | ₹112.85 | ₹110.49 | ₹109.98 | ₹109.48 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-20.35%
1 Week
+0.0%
1 Month
-4.72%
3 Months
-13.67%
6 Months
-3.43%
1 Year
-25.35%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹85.84
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
Company Overview
Sector
Financial Services
Market Cap
₹31,147 Cr
P/E (TTM)
15.8
ROE
15.6%
Book Value
₹49.1
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 29 Sep 2026. Not investment advice.
TopFund Analysis
Indian Renewable Energy lands in the middle of the pack on TopFund's composite fundamentals check within the Financial Services sector, at 52/100. The strongest factor is Growth (77/100), while Momentum (8/100) is the weakest area to weigh before deciding. Notably: High debt-to-equity ratio (5.65); promoter holding is falling. FII holding has been rising.
TopFund Score — Fundamentals Quality
52/100 — AverageData confidence: 72/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 29 Sep 2026 · How we calculate this →
Growth
Valuation
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Company has low interest coverage ratio.
- −Company might be capitalizing the interest cost
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
C&AG appoints M/s Shiv & Associates and M/s MAPSS & Co. as joint statutory auditors for FY 2026-27.
Trading window closes from October 1, 2026 until 48 hours after Q2 FY2027 results approval.
Newspaper Publication in respect of Notice 39th Annual General Meeting ("AGM") & e-voting information.
IREDA submitted its FY2025-26 BRSR and independent assurance report as part of the 39th Annual Report.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,391 | 1,510 | 1,630 | 1,698 | 1,905 | 1,948 | 2,057 | 2,130 | 2,175 | 2,249 |
| Expenses + | 56 | 51 | 131 | 119 | 171 | 427 | 138 | 179 | 309 | 486 |
| Financing Profit | 488 | 484 | 469 | 548 | 630 | 303 | 706 | 718 | 626 | 423 |
| Financing Margin % | 35.0% | 32.0% | 29.0% | 32.0% | 33.0% | 16.0% | 34.0% | 34.0% | 29.0% | 19.0% |
| Other Income + | 0 | 0 | 1 | 1 | 11 | 12 | 1 | 10 | 6 | 1 |
| Interest | 847 | 975 | 1,030 | 1,032 | 1,104 | 1,218 | 1,213 | 1,233 | 1,241 | 1,341 |
| Depreciation | 9 | 9 | 9 | 10 | 11 | 10 | 10 | 11 | 13 | 10 |
| Profit before tax | 480 | 476 | 460 | 538 | 630 | 305 | 696 | 717 | 619 | 414 |
| Tax % | 30.0% | 19.0% | 16.0% | 21.0% | 20.0% | 19.0% | 21.0% | 18.0% | 20.0% | 18.0% |
| Net Profit + | 337 | 384 | 388 | 425 | 502 | 247 | 549 | 585 | 493 | 339 |
| EPS in Rs | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — |
| Net NPA % | — | 0.95% | — | — | — | 2.06% | — | — | — | 1.22% |
| Gross NPA % | — | 2.19% | — | — | — | 4.13% | — | — | — | 3.75% |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,331 | 1,810 | 2,020 | 2,369 | 2,614 | 4,965 | 6,755 | 8,339 | 8,612 |
| Expenses + | 194 | 240 | 431 | 649 | 496 | 85 | 472 | 1,052 | 1,112 |
| Financing Profit | 327 | 564 | 406 | 260 | 548 | 1,716 | 2,142 | 2,382 | 2,473 |
| Financing Margin % | 25.0% | 31.0% | 20.0% | 11.0% | 21.0% | 35.0% | 32.0% | 29.0% | 29.0% |
| Other Income + | -7 | 7 | -72 | 3 | 44 | -1 | 0 | -1 | 17 |
| Interest | 810 | 1,006 | 1,183 | 1,459 | 1,570 | 3,164 | 4,141 | 4,905 | 5,028 |
| Depreciation | 7 | 21 | 23 | 23 | 23 | 30 | 39 | 44 | 44 |
| Profit before tax | 313 | 549 | 311 | 241 | 570 | 1,685 | 2,104 | 2,338 | 2,446 |
| Tax % | 33.0% | 26.0% | 20.0% | 11.0% | 39.0% | 26.0% | 19.0% | 20.0% | — |
| Net Profit + | 210 | 405 | 250 | 215 | 346 | 1,252 | 1,698 | 1,874 | 1,966 |
| EPS in Rs | 268 | 5 | 3 | 3 | 4 | 5 | 6 | 7 | 7 |
| Dividend Payout % | 60.0% | 31.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 20.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Reserves | 1,643 | 1,661 | 1,800 | 1,737 | 2,211 | 5,872 | 7,579 | 10,976 |
| Other Liabilities + | 3,592 | 2,937 | 3,181 | 3,277 | 3,298 | 4,354 | 1,861 | 2,177 |
| Total Liabilities | 18,797 | 20,368 | 24,518 | 27,652 | 30,293 | 62,600 | 76,867 | 93,808 |
| Fixed Assets + | 318 | 314 | 303 | 282 | 266 | 361 | 349 | 320 |
| CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 0 | 1 | 1 | 101 | 600 | 884 |
| Other Assets + | 18,479 | 20,050 | 24,215 | 27,370 | 30,027 | 62,138 | 75,918 | 92,603 |
| Total Assets | 18,797 | 20,368 | 24,518 | 27,652 | 30,293 | 62,600 | 76,867 | 93,808 |
| Borrowing | 12,777 | 14,985 | 18,753 | 21,854 | 24,000 | 49,687 | 64,740 | 77,846 |
| Equity Capital | 785 | 785 | 785 | 785 | 785 | 2,688 | 2,688 | 2,809 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -1,282 | -1,846 | -5,018 | -1,709 | -3,206 | -11,100 | -14,460 | -14,477 |
| Cash from Investing Activity + | -282 | -53 | -37 | 0 | -2 | -23 | -518 | -281 |
| Cash from Financing Activity + | 2,644 | 1,701 | 3,736 | 2,141 | 2,441 | 11,059 | 14,960 | 14,748 |
| Net Cash Flow | 1,081 | -198 | -1,319 | 431 | -767 | -64 | -17 | -10 |
| CFO/OP | -98 | -110 | -308 | -89 | -144 | -220 | -221 | -192 |
| Free Cash Flow | -1,577 | -1,873 | -5,055 | -1,710 | -3,209 | -11,123 | -14,487 | -14,492 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 18.75% | 22.7% | 21.87% | 22.62% | 22.51% | 22.74% | 23.24% | 23.75% | 23.67% | 23.65% | 23.35% |
| Promoters | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 71.76% | 71.76% | 71.76% | 71.76% | 71.76% |
| FII | 1.88% | 1.36% | 2.7% | 2.02% | 1.85% | 1.74% | 2.04% | 1.92% | 2.07% | 2.14% | 2.48% |
| DII | 4.37% | 0.94% | 0.42% | 0.35% | 0.63% | 0.51% | 2.95% | 2.57% | 2.51% | 2.44% | 2.39% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Indian Renewable Energy (this stock) | 31,147 | 15.8 | 2.26 | 15.6% |
| LIC Housing Finance Ltd | 31,131 | 5.42 | 0.75 | 14.4% |
| Nuvama Wealth Manage Ltd | 31,024 | 28.6 | 7.44 | 27.4% |
| Manappuram Finance Ltd | 31,374 | 21.6 | 1.95 | 6.97% |
| UCO Bank | 29,970 | 12.1 | 0.97 | 8.5% |
| Adit Birl Sun Lif Amc Ltd | 29,638 | 29.4 | 7.31 | 25.2% |
| Tata Investment Corp Ltd | 32,968 | 76.5 | 1.13 | 1.44% |
Which Mutual Funds Hold Indian Renewable Energy?
Frequently Asked Questions about Indian Renewable Energy
Indian Renewable Energy (IREDA) closed at ₹111.0 on NSE on 29 September 2026, down 3.82 (3.33%) from the previous close.
Indian Renewable Energy trades on the NSE (National Stock Exchange of India) under the symbol IREDA.
Indian Renewable Energy has a trailing twelve-month P/E (price-to-earnings) ratio of 15.8.
Indian Renewable Energy has a dividend yield of 1.22%.
Indian Renewable Energy's 52-week high is ₹159.0 and its 52-week low is ₹107.0.
Indian Renewable Energy has a market capitalisation of ₹31,147 crore.
Indian Renewable Energy has a TopFund Quality Score of 52/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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