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Indian Renewable Energy Development Agency Ltd
NSE:IREDA

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Indian Renewable Energy Development Agency Ltd
NSE:IREDA
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Price: 206.73 INR 4.84%
Market Cap: 555.6B INR
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Indian Renewable Energy Development Agency Ltd
Other Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Indian Renewable Energy Development Agency Ltd
Other Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Assets CAGR 3Y CAGR 5Y CAGR 10Y
I
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
Other Assets
â‚ą4.9B
CAGR 3-Years
7%
CAGR 5-Years
26%
CAGR 10-Years
N/A
Housing and Urban Development Corporation Ltd
NSE:HUDCO
Other Assets
â‚ą16.6B
CAGR 3-Years
70%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
REC Limited
NSE:RECLTD
Other Assets
â‚ą178.5B
CAGR 3-Years
70%
CAGR 5-Years
51%
CAGR 10-Years
N/A
Power Finance Corporation Ltd
NSE:PFC
Other Assets
â‚ą477.6B
CAGR 3-Years
131%
CAGR 5-Years
70%
CAGR 10-Years
N/A
Piramal Enterprises Ltd
NSE:PEL
Other Assets
â‚ą5.5B
CAGR 3-Years
-51%
CAGR 5-Years
-38%
CAGR 10-Years
-20%
Indian Railway Finance Corp Ltd
NSE:IRFC
Other Assets
â‚ą164.9B
CAGR 3-Years
40%
CAGR 5-Years
-25%
CAGR 10-Years
N/A
No Stocks Found

Indian Renewable Energy Development Agency Ltd
Glance View

Market Cap
555.6B INR
Industry
Financial Services

The Indian Renewable Energy Development Agency Ltd. (IREDA) stands at the forefront of India's ambitious journey toward sustainable energy. Established in 1987, IREDA is a public financial institution dedicated to financing and promoting renewable energy projects across the country. With the increasing global emphasis on clean energy and India's own commitment to achieve 50% of its energy requirements from non-fossil sources by 2030, IREDA plays a pivotal role in unlocking capital for innovative renewable solutions. Whether it’s solar, wind, or hydropower, the agency helps various stakeholders—from state governments to private developers—navigate the complexities of funding, ensuring projects transition from vision to reality. For investors, IREDA presents a compelling opportunity as it actively contributes to the rapidly growing renewable energy market in India, which is anticipated to be a significant driver of economic growth and job creation. The agency not only provides financial support but also offers technical expertise, making it a trusted partner in the shift to sustainable energy. With robust financial backing from the government and a strategic focus on expanding India's renewable energy capacity, IREDA is well-positioned for long-term growth. Investing in IREDA means being part of a transformative narrative, where clean energy initiatives align with both national interests and global environmental goals, promising a brighter, more sustainable future for generations to come.

IREDA Intrinsic Value
144.1 INR
Overvaluation 30%
Intrinsic Value
Price
I

See Also

What is Indian Renewable Energy Development Agency Ltd's Other Assets?
Other Assets
4.9B INR

Based on the financial report for Mar 31, 2024, Indian Renewable Energy Development Agency Ltd's Other Assets amounts to 4.9B INR.

What is Indian Renewable Energy Development Agency Ltd's Other Assets growth rate?
Other Assets CAGR 5Y
26%

Over the last year, the Other Assets growth was -15%. The average annual Other Assets growth rates for Indian Renewable Energy Development Agency Ltd have been 7% over the past three years , 26% over the past five years .

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