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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: 185.5 INR 0.5% Market Closed
Market Cap: 498.6B INR
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Indian Renewable Energy Development Agency Ltd
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Indian Renewable Energy Development Agency Ltd
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
I
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
Net Income
â‚ą16.9B
CAGR 3-Years
44%
CAGR 5-Years
40%
CAGR 10-Years
N/A
Housing and Urban Development Corporation Ltd
NSE:HUDCO
Net Income
â‚ą33.2B
CAGR 3-Years
12%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
REC Limited
NSE:RECLTD
Net Income
â‚ą188.5B
CAGR 3-Years
17%
CAGR 5-Years
20%
CAGR 10-Years
N/A
Power Finance Corporation Ltd
NSE:PFC
Net Income
â‚ą335.9B
CAGR 3-Years
19%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Piramal Enterprises Ltd
NSE:PEL
Net Income
-â‚ą16.2B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Indian Railway Finance Corp Ltd
NSE:IRFC
Net Income
â‚ą64.1B
CAGR 3-Years
13%
CAGR 5-Years
17%
CAGR 10-Years
N/A
No Stocks Found

Indian Renewable Energy Development Agency Ltd
Glance View

Market Cap
498.6B 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
135.01 INR
Overvaluation 27%
Intrinsic Value
Price
I

See Also

What is Indian Renewable Energy Development Agency Ltd's Net Income?
Net Income
16.9B INR

Based on the financial report for Mar 31, 2024, Indian Renewable Energy Development Agency Ltd's Net Income amounts to 16.9B INR.

What is Indian Renewable Energy Development Agency Ltd's Net Income growth rate?
Net Income CAGR 5Y
40%

Over the last year, the Net Income growth was 48%. The average annual Net Income growth rates for Indian Renewable Energy Development Agency Ltd have been 44% over the past three years , 40% over the past five years .

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