INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED is a Public company incorporated on March 11, 1987. It is classified as a Company limited by shares and is registered at Registrar of Companies, ROC Delhi.

The authorized share capital is ₹6000 Cr and its paid-up capital is ₹2687.76 Cr.

Current status of the company is Active and its registered office is at INDIA HABITAT CENTRE1ST FLOOR EAST COURT CORE 4 A LODHI ROAD,NEW DELHI,Delhi,110003-India.

Financial Overview

MARKET PRICE • LIVE

₹123

Source: Screener.in ↗

M.Cap: ₹34,674 Cr

P/E

18.5

Book Value

₹49.1

ROCE

8.69%

ROE

15.6%

High/Low

₹187/N/A

Div Yield

0.49%

Qtrly Net Profit

₹ 493 Cr

Strengths

Company has delivered good profit growth of 40.2% CAGR over last 5 years

Weaknesses

Stock is trading at 2.52 times its book value
Company has low interest coverage ratio.
Company might be capitalizing the interest cost

Auth. Capital

₹6000 Cr

Paid-Up Capital

₹2687.76 Cr

Company Details

Legal Name	INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED
Incorporation	March 11, 1987
Category	Public / Company limited by shares
ROC	ROC Delhi
Registration	027265
Address	INDIA HABITAT CENTRE1ST FLOOR EAST COURT CORE 4 A LODHI ROAD,NEW DELHI,Delhi,110003-India