Indian Renewable Energy Development Agency Limited
Quality (63/100) does the heavy lifting; momentum (18/100) is the drag.
Buy zoneIndian Renewable Energy Development Agency Limited earns a Sell from StocksWizard, with a blended score of 40/100. At ₹120.82 it trades above our blended DCF and relative-multiples fair value of ₹92.76, about 23% downside to that estimate — we read it as overvalued by 23%. On 17.9x trailing earnings it sits cheaper than the Financial Services median of about 24.3x. The price is about 24% below its 52-week high of ₹160.02 and 11% above the low of ₹108.41. Financial health scores 64/100, with a Piotroski F-score of 2/9. The average analyst target of ₹165 implies about 37% upside across 2 analysts. It clears 2 of 11 investability checks, with durability 63, valuation 61 and momentum 18 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹74.21.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-24.50% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 2/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Fail: Low debt (D/E < 0.5): 5.66x
- Fail: Positive free cash flow
- Fail: Revenue growth > 10%: 7%
- Fail: Earnings growing: -6%
- Pass: Net margin ≥ 10%: 46.0%
- Pass: Current ratio > 1.5: 89.35
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- No data: Altman Z in safe zone
- Fail: Piotroski ≥ 7: 2/9
Quarterly results
Annual financials
Shareholding
- Promoter71.8%
- Institutions4.2%
- Public & other24.0%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Healthy profit margin (46.0%).
Opportunities
- Trading in our value buy zone versus sector peers.
Bear case
Weaknesses
- High debt relative to equity.
- Price below its 200-day moving average (downtrend).
- Weak Piotroski score (2/9).
Threats
- Earnings contracting year on year.
- Trades ~23% above our estimated fair value.
About Indian Renewable Energy Development Agency Limited
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; and environmental technologies for sustainable development. It also generates solar, wind, hydro, biomass, biofuels,
Indian Renewable Energy Development Agency Limited — frequently asked questions
Is Indian Renewable Energy Development Agency Limited a buy, hold or sell?
StocksWizard currently rates Indian Renewable Energy Development Agency Limited (IREDA) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Indian Renewable Energy Development Agency Limited's fair value?
Our blended DCF and relative-valuation model estimates Indian Renewable Energy Development Agency Limited's fair value at about ₹92.76, versus a current price of ₹120.82 — roughly 23% downside. On that basis the stock looks overvalued by 23%.
Is Indian Renewable Energy Development Agency Limited financially healthy?
Indian Renewable Energy Development Agency Limited scores 64/100 on our financial-health model, with a Piotroski F-score of 2/9.
How has Indian Renewable Energy Development Agency Limited's share price performed?
Indian Renewable Energy Development Agency Limited is down 11% over three months, and last traded at ₹120.82. Past performance doesn't predict future returns.
More in Financial Services
View allOur 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.