Indian Renewable Energy Development Agency Ltd (IREDA) — shareholding pattern, promoter holding, financials and share price
About Indian Renewable Energy Development Agency Ltd (IREDA)
Indian Renewable Energy Development Agency Ltd operates in the Financial Institution industry, within the Financial Services sector. It trades on the NSE as IREDA and on the BSE under scrip code 544026. Its ISIN is INE202E01016.
Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The Ministry of New and Renewable Energy, Government of India has given IREDA the 'Navaratna Status. RBI classified company as “Infrastructure Finance Company”. [1] [2]
IREDA is India's premier financial institution for renewable energy, focusing on providing comprehensive financing solutions for projects across various RE technologies.
The company has achieved substantial profitability growth, with a 38% increase in profit after tax compared to the previous year, signaling robust financial health.
Listed peers in Financial Institution: REC Ltd, Housing & Urban Development Corporation Ltd, IFCI Ltd, Tourism Finance Corporation of India Ltd, Haryana Financial Corporation Ltd, Gujarat State Financial Corporation.
Valuation & Returns
10 Jul 2026At ₹126.4 a share on 10 Jul 2026, Indian Renewable Energy Development Agency Ltd (IREDA) was valued at a price-to-earnings ratio of 18.95x against an industry P/E of 19.5x and a price-to-book of 3.46x on a book value of ₹36.55 per share as of Mar 2025. Solomo computes return on equity of 18.25% and return on capital employed of 7.89% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 18.95x
- Industry P/E
- 19.5x
- P/B
- 3.46x
- EPS (TTM)
- ₹6.67
- Book value / share
- ₹36.55
- ROE
- 18.25%
- ROCE
- 7.89%
- ROA
- 2.35%
- Debt / equity
- 6.31x
- Dividend yield
- 1.07%
- EBITDA margin
- 88.1%
- 52-week range
- ₹108.7 – ₹163.65
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indian Renewable Energy Development Agency Ltd (IREDA) reported revenue of ₹8,310 crore, net profit of ₹1,874 crore and earnings per share of ₹6.67. That compares with revenue of ₹6,755 crore and net profit of ₹1,698 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,175 crore and net profit ₹493 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,369 | 2,614 | 4,965 | 6,755 | 8,310 |
| Net profit (₹ cr) | 215 | 346 | 1,252 | 1,698 | 1,874 |
| EPS (₹) | 2.74 | 4.41 | 4.66 | 6.32 | 6.67 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 23.29% | 33.09% | 36.04% |
| Profit growth | 51.26% | 38.92% | 35.62% |
| Stock price CAGR | - | - | -25% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 71.76% of Indian Renewable Energy Development Agency Ltd (IREDA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.48% and domestic institutional investors (DII) hold 2.4%. Market capitalisation was ₹35,509 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2023.
Largest disclosed public shareholders in Jun 2026: Life Insurance Corporation Of India 2.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 71.76% | - | 2.48% | 2.4% | 28.24% |
| Mar 2026 | 71.76% | - | 2.14% | 2.45% | 28.24% |
| Dec 2025 | 71.76% | - | 2.07% | 2.51% | 28.24% |
| Sep 2025 | 71.76% | - | 1.92% | 2.57% | 28.24% |
| Jun 2025 | 71.76% | - | 2.04% | 2.95% | 28.24% |
| Mar 2025 | 75% | - | 1.75% | 0.51% | 25% |
| Dec 2024 | 75% | - | 1.85% | 0.64% | 25% |
| Sep 2024 | 75% | - | 2.02% | 0.35% | 25% |