Indian Renewable Energy Development Agency logo

Indian Renewable Energy Development Agency share price

NSE: IREDABSE: 544026FinanceMid Cap

Last close ₹100.27down ₹2.34 (2.28%)BSE ₹100.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹102.61.

52-week range of traded prices to 23 Oct 2026
₹99.13Low, 23 Oct 2026₹156.75High, 29 Oct 2025
Market cap
₹28,168 Cr240th largest listed
P/E
14.3
P/B
2.0
Dividend yield
1.35%
ROE
14.4%
NIM
3.92%
Cost of funds
6.88%
Credit cost
0.94%
ROA
2.16%
Leverage
7.22times net worth
Volume, NSE
67,87,89333.0% delivered

Share price

Daily closes since Nov 2023, adjusted for splits and bonuses

−34.7%over a year

ResultsDividend20-session average 55,90,909 shares a day, 32.6% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 19 Oct

Income from operations
₹2,344 Crup 4.24%
Net profit
₹554 Crup 64.23%

Income from operations by year

Peak income from operations ₹8,309 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 10 JanMar 2025Filed 15 AprJun 2025Filed 10 JulSep 2025Filed 14 OctDec 2025Filed 9 JanMar 2026Filed 29 MayJun 2026Filed 3 AugSep 2026Filed 19 Oct
Income from operations1,6981,9041,9472,0572,1302,1752,2482,344
Net profit425502247549585493338554
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, NBFC-Renewable Energy, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history

Price to earnings

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median18.9Industry median13.2
Price to book

At or below today's level on 0.2% of 622 trading days since Apr 2024.

LowestHighest
Its median4.2Industry median1.6
Dividend yield

At or below today's level on 100% of 716 trading days since Dec 2023.

LowestHighest
Its median0.00%Industry median4.21%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−30.9%+6.5%−36.3%1.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.76%
  • Foreign institutions2.57%
  • Indian institutions2.53%
  • Individuals and others23.14%
Holder
President of India through Secretary MNREPromoter71.76%
Life Insurance Corporation of IndiaInsurance companies2.21%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

70 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 62 of the 65 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Added
29
Cut
36
Held unchanged
2
Sold out
1
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund7,83,2930.22%₹8.75 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty Midcap 150Nippon India Mutual Fund7,52,1710.22%₹8.40 Cr
Nippon India Mutual Fund logoNippon India Nifty Midcap 150 Index FundNippon India Mutual Fund5,26,8620.22%₹5.88 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Midcap 150 ETFMirae Asset Mutual Fund3,56,2090.22%₹3.98 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Midcap 150 Index FundICICI Prudential Mutual Fund2,45,6170.22%₹2.74 Cr
SBI Mutual Fund logoSBI Nifty Midcap 150 Index FundSBI Mutual Fund2,43,1180.22%₹2.72 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Midcap 100 ETFMotilal Oswal Mutual Fund2,00,1450.27%₹2.24 Cr
LIC Mutual Fund logoLIC Mf Nifty Midcap 100 ETFLIC Mutual Fund1,56,7380.28%₹1.75 Cr
Zerodha Mutual Fund logoZerodha Nifty LargeMidcap 250 Index FundZerodha Mutual Fund1,53,6460.11%₹1.72 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Midcap 150 ETFICICI Prudential Mutual Fund1,43,6930.22%₹1.60 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Financial Institution, 9 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indian Renewable Energy Development Agency in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Power Finance Corporation logoPower Finance CorporationPFC1,04,2834.00.8–+4.6%+7.1%20.8%–2.78%3.83%5.93%
Indian Railway Finance Corporation logoIndian Railway Finance CorporationIRFC97,29513.21.6–+12.5%+7.9%12.6%–1.39%−4.92%2.96%
REC logoRECRECLTD77,4044.80.9–+2.0%−5.1%19.6%–2.60%3.74%6.19%
Housing & Urban Development Corporation logoHousing & Urban Development CorporationHUDCO29,2326.91.3–+25.9%+53.0%21.3%–2.73%2.89%4.21%
IFCI logoIFCIIFCI15,97291.61.812.9+4.8%–2.0%4.6%––0.00%
Tourism Finance Corporation of India logoTourism Finance Corporation of IndiaTFCILTD6,83244.35.2–+14.8%+41.4%12.2%–5.47%6.89%0.41%
Haryana Financial Corporation logoHaryana Financial CorporationHARAFIN1,189156.26.9–+2,363.4%–4.5%–––0.00%
Gujarat State Financial corporation logoGujarat State Financial corporationGUJSTATFIN76–––+7.1%–––−56.12%−65.65%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.35 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹0.75
2 Apr 2026Interim₹0.60
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Indian Renewable Energy Development Agency share price by year

Each calendar year to 2025.Indian Renewable Energy Development Agency share price history

YearClose at year endChangeHighest closeLowest close
2025139.90−35.0%230.55131.21
2024215.25+109.4%289.65101.80
2023102.80–120.3060.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 29 Nov 2023.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026102.61103.3299.13100.27100.4967,87,89333.0%
22 Oct 2026103.40103.40101.46102.61102.5143,11,93235.4%
21 Oct 2026107.81108.20102.81103.60104.2878,32,67328.3%
19 Oct 2026108.90110.10106.20106.54108.2345,13,74529.3%
16 Oct 2026108.26109.20107.26108.80108.2725,76,79531.2%
15 Oct 2026108.47109.44107.60108.26108.6024,26,76235.6%
14 Oct 2026108.39109.15107.60108.47108.5226,63,88334.8%
13 Oct 2026104.70108.39104.69108.39107.0755,42,42933.5%
12 Oct 2026104.75106.50104.08104.60105.1135,93,54933.5%
9 Oct 2026103.86105.07103.60104.40104.3831,40,51338.6%
Prices in ₹ per share as traded, not adjusted.

About Indian Renewable Energy Development Agency

Indian Renewable Energy Development Agency Limited, known as IREDA, is a non-banking financial company that finances renewable energy and energy efficiency projects. It offers financial products and services from project conceptualisation to the post-commissioning stage, for renewable energy projects and equipment manufacturing. Its equity shares and bonds are listed on BSE and NSE.

Its products include project term loans, top-up loans, refinancing of loans and loans against securitisation of future cashflows. It lends to private sector companies, firms, LLPs, joint sector companies and government-owned entities, and also to central public sector undertakings, state utilities and electricity distribution companies. The projects it finances include solar, wind, hydro, biomass, waste to energy, ethanol and hybrid projects, along with newer areas such as battery energy storage systems, e-mobility, green hydrogen and pumped storage projects.

Its services are available across 23 states and 4 union territories, and its registered office is in New Delhi. Its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, was incorporated on 7 May 2024 at GIFT City, Gujarat, and acts as an offshore platform for securing funds in foreign currency. The subsidiary has sanctioned a term loan for a solar power plant in Zambia, the one international country the company serves.

IREDA was incorporated in 1987 as a dedicated financial institution. It is a Government Company, and the Ministry of New and Renewable Energy is its administrative ministry. It has been granted Navratna status as a central public sector enterprise, and the Reserve Bank of India classifies it as an NBFC in the middle layer.

Legal name
Indian Renewable Energy Development Agency Limited
NSE symbol
IREDA
BSE code
544026
ISIN
INE202E01016
Industry
Finance
Listed
Nov 2023
Face value
₹10
CIN
L65100DL1987GOI027265
Corporate identity number, the registrar of companies' code for it