About
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; and environmental technologies for sustainable development. 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.
Key Metrics
as of Sep 2026Market Cap31,783 Cr
P/E16.20
Div Yield1.19 %
Book Value₹49.10
52w High₹163.00
52w Low₹109.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 486.00 | 308.00 | 179.00 | 138.00 | 427.00 | 170.00 | 119.00 | 131.00 | 51.00 | 56.00 | 99.00 | -3.00 | -66.00 |
| Other Income | 1.00 | 6.00 | 10.00 | 1.00 | 12.00 | 11.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 10.00 | 13.00 | 11.00 | 10.00 | 10.00 | 11.00 | 10.00 | 9.00 | 9.00 | 9.00 | 8.00 | 7.00 | 6.00 |
| Interest | 1,341.00 | 1,241.00 | 1,233.00 | 1,213.00 | 1,218.00 | 1,104.00 | 1,032.00 | 1,030.00 | 975.00 | 847.00 | 760.00 | 793.00 | 764.00 |
| Profit before tax | 413.00 | 619.00 | 717.00 | 696.00 | 305.00 | 630.00 | 538.00 | 460.00 | 476.00 | 480.00 | 386.00 | 380.00 | 440.00 |
| Tax % | 18.00 | 20.00 | 18.00 | 21.00 | 19.00 | 20.00 | 21.00 | 16.00 | 19.00 | 30.00 | 13.00 | 25.00 | 33.00 |
| Net Profit | 338.00 | 493.00 | 585.00 | 549.00 | 247.00 | 502.00 | 425.00 | 388.00 | 384.00 | 337.00 | 336.00 | 285.00 | 295.00 |
| EPS in Rs | 1.20 | 1.75 | 2.08 | 1.95 | 0.88 | 1.87 | 1.58 | 1.44 | 1.43 | 1.26 | 1.25 | 1.25 | 1.29 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 1,052.00 | 471.00 | 85.00 | 232.00 | 430.00 | 495.00 | 649.00 | 431.00 | 84.00 | 88.00 |
| Other Income | 28.00 | 0.00 | -1.00 | 0.00 | 14.00 | 3.00 | 3.00 | -72.00 | 1.00 | 0.00 |
| Interest | 4,905.00 | 4,141.00 | 3,164.00 | 2,088.00 | 1,587.00 | 1,570.00 | 1,459.00 | 1,183.00 | 668.00 | 646.00 |
| Depreciation | 44.00 | 39.00 | 30.00 | 24.00 | 23.00 | 23.00 | 23.00 | 23.00 | 4.00 | 5.00 |
| Profit before tax | 2,337.00 | 2,104.00 | 1,685.00 | 1,139.00 | 834.00 | 570.00 | 241.00 | 311.00 | 418.00 | 379.00 |
| Tax % | 20.00 | 19.00 | 26.00 | 24.00 | 24.00 | 39.00 | 11.00 | 20.00 | 29.00 | 28.00 |
| Net Profit | 1,873.00 | 1,699.00 | 1,252.00 | 865.00 | 634.00 | 346.00 | 215.00 | 250.00 | 298.00 | 272.00 |
| EPS in Rs | 6.67 | 6.32 | 4.66 | 3.78 | 2.77 | 4.42 | 2.73 | 3.19 | 379.86 | 346.56 |
| Dividend Payout % | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 53.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,809.00 | 2,688.00 | 2,688.00 | 2,285.00 | 2,285.00 | 785.00 | 785.00 | 785.00 | 785.00 |
| Reserves | 10,972.00 | 7,578.00 | 5,872.00 | 3,651.00 | 2,984.00 | 2,211.00 | 1,737.00 | 1,799.00 | 1,394.00 |
| Other Liabilities | 2,175.00 | 4,728.00 | 4,354.00 | 4,347.00 | 3,827.00 | 3,298.00 | 3,277.00 | 3,181.00 | 663.00 |
| Total Liabilities | 93,802.00 | 79,734.00 | 62,600.00 | 50,447.00 | 36,708.00 | 30,293.00 | 27,652.00 | 24,518.00 | 10,280.00 |
| Fixed Assets | 320.00 | 349.00 | 361.00 | 229.00 | 248.00 | 266.00 | 282.00 | 303.00 | 33.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 144.00 | 131.00 | 0.00 | 0.00 | 0.00 | 7.00 |
| Investments | 910.00 | 626.00 | 101.00 | 99.00 | 99.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 92,572.00 | 78,760.00 | 62,138.00 | 49,975.00 | 36,230.00 | 30,027.00 | 27,370.00 | 24,215.00 | 10,241.00 |
| Total Assets | 93,802.00 | 79,734.00 | 62,600.00 | 50,447.00 | 36,708.00 | 30,293.00 | 27,652.00 | 24,518.00 | 10,280.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -14,482.00 | -14,461.00 | -11,100.00 | -12,343.00 | -5,254.00 | -3,206.00 | -1,709.00 | -5,018.00 |
| Cash from Investing Activity | -281.00 | -543.00 | -23.00 | -17.00 | -107.00 | -2.00 | 0.00 | -37.00 |
| Cash from Financing Activity | 14,748.00 | 14,960.00 | 11,059.00 | 12,368.00 | 5,271.00 | 2,441.00 | 2,141.00 | 3,736.00 |
| Net Cash Flow | -15.00 | -44.00 | -64.00 | 7.00 | -90.00 | -767.00 | 431.00 | -1,319.00 |
| Free Cash Flow | -14,498.00 | -14,488.00 | -11,123.00 | -12,360.00 | -5,262.00 | -3,209.00 | -1,710.00 | -5,055.00 |
| CFO/OP % | -193.00 | -221.00 | -220.00 | -372.00 | -204.00 | -141.00 | -89.00 | -308.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2015 |
|---|
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 02 Apr 2026 | 02 Apr 2026 | — | 0.60 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update16 Apr from icra
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Rating update14 Apr from fitch
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Rating update19 Feb from brickwork
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Rating update28 Aug 2025 from smera
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Rating update31 Jul 2025 from smera
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Rating update17 Apr 2025 from icra