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    HomeNewsBusinessStocksIndian Renewable Energy Development Agency shares fall 2.02%; stock among top losers on Nifty Midcap 150

    Indian Renewable Energy Development Agency shares fall 2.02%; stock among top losers on Nifty Midcap 150

    With the stock's last traded price at Rs 144.71, Indian Renewable Energy Development Agency has seen a decline from its previous close.

    Alpha Desk
    August 26, 2025 / 12:12 IST
    Disclaimer This is an AI-assisted live blog with updates from multiple sources Disclaimer
       
       
      26 Aug, 2025 12:21
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      Shares of Indian Renewable Energy Development Agency declined by 2.02% to Rs 144.71 in Tuesday's session, making it one of the top losers on the Nifty Midcap 150. The stock's movement reflects a decrease from its previous close.

      Financial Performance


      The following table summarizes the key consolidated financial figures for Indian Renewable Energy Development Agency:
      HeadingJun 2024Sep 2024Dec 2024Mar 2025Jun 2025
      RevenueRs 1,510.27 CroreRs 1,629.54 CroreRs 1,698.45 CroreRs 1,905.06 CroreRs 1,947.60 Crore
      Net ProfitRs 383.70 CroreRs 387.71 CroreRs 425.38 CroreRs 501.55 CroreRs 246.88 Crore
      EPS1.431.441.581.870.91

      The revenue for Indian Renewable Energy Development Agency has shown a consistent increase over the quarters, from Rs 1,510.27 Crore in June 2024 to Rs 1,947.60 Crore in June 2025. However, the net profit saw a sharp decline in June 2025, dropping to Rs 246.88 Crore from Rs 501.55 Crore in March 2025.

      The following table summarizes the key consolidated yearly financial figures:

      Heading20192020202120242025
      RevenueRs 2,019.57 CroreRs 2,367.32 CroreRs 2,654.81 CroreRs 4,963.93 CroreRs 6,743.32 Crore
      Net ProfitRs 249.91 CroreRs 214.55 CroreRs 346.41 CroreRs 1,252.24 CroreRs 1,698.34 Crore
      EPS3.182.744.415.166.32
      BVPS32.9432.1438.1831.8538.20
      ROE9.668.5111.5614.6216.54
      Debt to Equity7.268.678.015.806.31

      The annual financial performance shows a substantial increase in revenue from Rs 4,963.93 Crore in 2024 to Rs 6,743.32 Crore in 2025. Net profit also increased significantly from Rs 1,252.24 Crore to Rs 1,698.34 Crore over the same period. The Return on Equity (ROE) also improved from 14.62 to 16.54.

      The following table presents the standalone income statement for the company:

      Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
      SalesRs 6,742 CroreRs 4,963 CroreRs 3,481 CroreRs 2,859 CroreRs 2,613 Crore
      Other IncomeRs 12 CroreRs 1 CroreRs 1 CroreRs 14 CroreRs 44 Crore
      Total IncomeRs 6,754 CroreRs 4,965 CroreRs 3,483 CroreRs 2,874 CroreRs 2,658 Crore
      Total ExpenditureRs 509 CroreRs 115 CroreRs 255 CroreRs 453 CroreRs 518 Crore
      EBITRs 6,244 CroreRs 4,849 CroreRs 3,227 CroreRs 2,421 CroreRs 2,139 Crore
      InterestRs 4,141 CroreRs 3,164 CroreRs 2,088 CroreRs 1,587 CroreRs 1,570 Crore
      TaxRs 405 CroreRs 433 CroreRs 274 CroreRs 200 CroreRs 223 Crore
      Net ProfitRs 1,698 CroreRs 1,252 CroreRs 864 CroreRs 633 CroreRs 346 Crore

      The standalone quarterly income statement is as follows:
      Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
      SalesRs 1,947 CroreRs 1,904 CroreRs 1,698 CroreRs 1,629 CroreRs 1,510 Crore
      Other IncomeRs 12 CroreRs 10 CroreRs 0 CroreRs 0 CroreRs 0 Crore
      Total IncomeRs 1,959 CroreRs 1,914 CroreRs 1,698 CroreRs 1,630 CroreRs 1,510 Crore
      Total ExpenditureRs 436 CroreRs 181 CroreRs 128 CroreRs 140 CroreRs 60 Crore
      EBITRs 1,522 CroreRs 1,733 CroreRs 1,570 CroreRs 1,490 CroreRs 1,450 Crore
      InterestRs 1,218 CroreRs 1,103 CroreRs 1,032 CroreRs 1,030 CroreRs 974 Crore
      TaxRs 57 CroreRs 128 CroreRs 112 CroreRs 72 CroreRs 92 Crore
      Net ProfitRs 246 CroreRs 501 CroreRs 425 CroreRs 387 CroreRs 383 Crore

      The cash flow from operating activities was negative, with Rs -14,461 Crore in March 2025. Financing activities resulted in a positive cash flow of Rs 14,960 Crore. The net cash flow was Rs -44 Crore.

      The balance sheet shows that the total assets and total liabilities both amounted to Rs 79,734 Crore as of March 2025.

      Key financial ratios for Indian Renewable Energy Development Agency show a basic EPS of Rs 6.32 and a diluted EPS of Rs 6.32 as of March 2025. The book value per share stood at Rs 38.20. The company reported a debt-to-equity ratio of 6.31 and an interest coverage ratio of 1.52 as of March 2025.

      Indian Renewable Energy Development Agency is included as one of the stocks in the Nifty Midcap 150 index.

      With the stock's last traded price at Rs 144.71, Indian Renewable Energy Development Agency has seen a decline from its previous close.

      Alpha Desk
      first published: Aug 26, 2025 12:12 pm

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