Indian Renewable Energy Development Agency Ltd.
IREDA · NSE · Financial Services
With a 20% margin of safety, our buy-below price is ₹113.54.
Piotroski F-score 2/9 — quality of earnings & balance sheet.
Investability checklist
- –ROE above 15%
- ✕Low debt (D/E < 0.5)5.65x
- ✕Positive free cash flow
- ✕Revenue growth > 10%5%
- ✕Earnings growing-6%
- ✓Net margin ≥ 10%46.0%
- ✓Current ratio > 1.589.35
- ✓Below our fair value
- ✕Margin of safety ≥ 20%
- ✕Above 200-day average
- ✕Above 50-day average
- –Positive 1-year return
- –Altman Z in safe zone
- ✕Piotroski ≥ 72/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Healthy profit margin (46.0%).
Weaknesses
- •High debt relative to equity.
- •Price below its 200-day moving average (downtrend).
- •Weak Piotroski score (2/9).
Opportunities
- •Trading in our value buy zone versus sector peers.
Threats
- •Earnings contracting year on year.
About Indian Renewable Energy Development Agency Ltd.
Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.