Indian Renewable Energy Development Agency Limited

$ 127.25 -0.55 %

Indian Renewable Energy Development Agency Limited is an Indian non-banking financial company (NBFC) that delivers financial products and services within the country's renewable energy and energy efficiency sectors. Its operations are bifurcated into two main divisions: Financing and Generation. The company's primary objective is to champion, advance, and provide financial backing for projects related to new and sustainable energy sources, as well as initiatives focused on energy efficiency and conservation. Furthermore, it actively produces power through solar, wind, hydroelectric, and waste-to-energy technologies. Incorporated in 1987, IREDA is headquartered in New Delhi, India.

CEO: Pradip Kumar Das - https://www.ireda.in

Price objectif

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Recommandation

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DCF

$ 301.85

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IREDA.BO vs S&P500

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Quick ratio

0.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

18.91

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

6.73

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

14.24 %

reflects reasonable profitability, showing good use of equity.

ROIC

2.81 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.95

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

5.41

means it relies more on debt, which can increase financial risk.

Free cash flow per share

10.95

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
3 indicates worrying financial health
Altman score
0.52 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.80 indicates a moderate level of debt, which is generally acceptable but may present some risk
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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