Business description: Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Limited is an India-based systemically important non-deposit taking non-banking financial (NBFC-ND-SI) company. The Company is engaged in promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation projects. The Company provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for renewable energy projects. It has financed projects across multiple RE sectors, such as solar power, wind power, hydro power, transmission, and biomass, among others. It provides loans to government entities and financing schemes for RE suppliers, manufacturers, and contractors.

Number of employees: 174

Sales by Activity: Indian Renewable Energy Development Agency Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Finance for Renewable Energy & Energy Efficiency Projects

833.26Cr - - 1.87TCr 2.34TCr

Geographical breakdown of sales: Indian Renewable Energy Development Agency Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

833.26Cr 1.21TCr 1.4TCr 1.87TCr 2.34TCr

Executive Committee: Indian Renewable Energy Development Agency Limited

Manager TitleAgeSince
Chief Executive Officer 59 06/05/2020
Director of Finance/CFO 55 12/10/2023
Compliance Officer - 01/05/2025
Chief Tech/Sci/R&D Officer - 11/01/2017
Compliance Officer - 24/07/2015

Composition of the Board of Directors: Indian Renewable Energy Development Agency Limited

Director TitleAgeSince
Chairman 59 06/05/2020
Director/Board Member 55 12/10/2023
Director/Board Member 59 07/02/2023
Director/Board Member 61 28/01/2022
Director/Board Member 52 31/03/2022

Shareholders: Indian Renewable Energy Development Agency Limited

NameEquities%Valuation
Government of India
71.76 %
2,01,58,23,529 71.76 % 2 710 M ₹
Life Insurance Corporation of India (Investment Portfolio)
2.214 %
6,21,94,883 2.214 % 84 M ₹
Motilal Oswal Asset Management Co. Ltd.
0.045 %
12,64,760 0.045 % 2 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
0.0405 %
11,36,522 0.0405 % 2 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port)
0.0247 %
6,93,852 0.0247 % 932 752 ₹

Company details: Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Ltd.

August Kranti Bhawan

110066, New Delhi

+91 11 2671 7400

http://www.ireda.in
address Indian Renewable Energy Development Agency Limited(IREDA)

Other Corporate Financial Services

Change 5d. change 1-year change 3-years change Capi.($)
+0.30%+0.73%-17.63% - 350.52Cr
-3.80%-6.43%-4.75%+1,337.04% 3.33TCr
-2.08%-4.95%+1.77%+1,190.48% 1.67TCr
+2.90%+1.43%+7.27%+235.19% 1.45TCr
+0.31%-3.94%-18.55%+258.30% 1.37TCr
+1.28%-1.38%+37.92%+107.49% 1.27TCr
+1.58%+0.99%-18.21%+185.34% 948.24Cr
+0.10%-2.93%+11.98%+65.45% 896.6Cr
+0.96%-3.98%+87.74%+205.63% 700.08Cr
Average +0.17%-1.51%+9.73%+448.11% 1.33TCr
Weighted average by Cap. -0.63%-2.43%+5.78%+657.30%
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
115.19INR
Average target price
150.00INR
Spread / Average Target
+30.22%

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. IREDA Stock
  4. Company Indian Renewable Energy Development Agency Limited
SPRING SALE - 40%: The Best Tools Reserved for Subscribers to Identify Tomorrow's Top Investments!
d
:
:
BENEFIT NOW