What the business is, and whether it's a good one at a fair price.
Lends to renewable energy projects across India as a government-owned non-bank finance company under the Ministry of New and Renewable Energy. FY26 total income of Rs 8,310.41 crore came largely from interest on its loan book of Rs 93,069 crore, which grew 22% year-on-year. The business disburses term loans to wind, solar, hydro, biomass and other clean energy developers and is classified in its own investor presentation as India's largest pure-play green financing NBFC. Cost of borrowing was 7.05% in FY26 against a net interest margin of 3.65%, so the lending spread is the core earnings driver. Asset quality weakened in FY26, with gross NPAs rising to 3.49% from 2.45% and cumulative impairment allowance of Rs 2,689.14 crore; loans to Gensol Engineering and Gensol EV Lease totalling Rs 672.74 crore were declared as fraud and 85% provided for. The Board is also seeking shareholder approval to widen its objects clause to finance carbon capture, civil nuclear power infrastructure, green buildings and data centres.
Measured from the filed financials, judged against its Financial Institution peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from INDIAN RENEWABLE ENERGY's filed financials and exchange disclosures
INDIAN RENEWABLE ENERGY is a Finance company listed on NSE and BSE, trading under the symbol IREDA.
Yes. Over the trailing twelve months INDIAN RENEWABLE ENERGY reported a net profit of ₹1,966 Cr on revenue of ₹8,612 Cr.
Not in the latest reported year — INDIAN RENEWABLE ENERGY's dividend payout for FY26 was nil.
Effectively yes. It holds ₹48 Cr more cash than debt. Debt stands at 0.00× equity.
On trailing P/E, INDIAN RENEWABLE ENERGY ranks 7 of 9 in Financial Institution — cheaper than 25% of them, against an industry median of 14.7×. This is a position, not a valuation judgement.
On a typical session INDIAN RENEWABLE ENERGY moves 1.14% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by INDIAN RENEWABLE ENERGY appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
