IND Renewable Energy Ltd (INDRENEW) — shareholding pattern, promoter holding, financials and share price
About IND Renewable Energy Ltd (INDRENEW)
IND Renewable Energy Ltd operates in the Power Generation industry, within the Power sector. It trades on the NSE as INDRENEW and on the BSE under scrip code 536709. Its ISIN is INE138O01029.
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
IND Renewable Energy Limited focuses on the rooftop solar plant sector, having transitioned from its former identity as Vakharia Power Infrastructure Limited.
Established in 2011, the company was initially a wholly owned subsidiary of Everlon Synthetics Limited and underwent a transformational demerger in the early 2010s.
Listed peers in Power Generation: Karma Energy Ltd, KKV Agro Powers Ltd, Gita Renewable Energy Ltd, Advance Metering Technology Ltd, SRM Energy Ltd, Veer Energy & Infrastructure Ltd.
Valuation & Returns
10 Jul 2026At ₹12.36 a share on 10 Jul 2026, IND Renewable Energy Ltd (INDRENEW) was valued at a price-to-book of 0.66x on a book value of ₹18.76 per share as of Mar 2024. Solomo computes return on equity of -4.67% and return on capital employed of -4.56% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- Industry P/E
- 25.26x
- P/B
- 0.66x
- EPS (TTM)
- ₹-0.88
- Book value / share
- ₹18.76
- ROE
- -4.67%
- ROCE
- -4.56%
- ROA
- -4.56%
- Debt / equity
- 0.02x
- Dividend yield
- 0%
- 52-week range
- ₹9.72 – ₹16.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, IND Renewable Energy Ltd (INDRENEW) reported net profit of ₹-1.21 crore and earnings per share of ₹-0.87. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, net profit ₹-1.05 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 0 | 0 | 0 | 0 | 0 |
| Net profit (₹ cr) | -0.09 | 0 | 0.05 | -0.08 | -1.21 |
| EPS (₹) | -0.06 | 0 | 0.04 | -0.06 | -0.87 |
| Measure | 10Y | 5Y |
|---|---|---|
| Profit growth | 1.59% | -30.50% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 0.07% of IND Renewable Energy Ltd (INDRENEW) (unchanged from the previous quarter). Market capitalisation was ₹17 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2013.
Largest disclosed public shareholders in Mar 2026: LAVANYA BODDU 3.06%, PREETI ANIL RAMDASI 2.3%, EVEREST YARN AGENCY PVT. LTD 2.17%, GLASTON MARIO MENEZES 1.51%, ASHISH MEHRA 1.31%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 0.07% | - | - | - | 99.93% |
| Dec 2025 | 0.07% | - | - | - | 99.93% |
| Sep 2025 | 0.07% | - | - | - | 99.93% |
| Jun 2025 | 0.07% | - | - | - | 99.93% |
| Mar 2025 | 0.07% | - | - | - | 99.93% |
| Dec 2024 | 0.07% | - | - | - | 99.93% |
| Sep 2024 | 0.07% | - | - | - | 99.93% |
| Jun 2024 | 0.72% | - | - | - | 99.28% |