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. It also generates solar, wind, hydro… Read more
Market Cap & Net Worth: Indian Renewable Energy Development Agency Limited (IREDA)
Indian Renewable Energy Development Agency Limited (NSE:IREDA) has a market capitalization of $3.77 Billion (₹326.43 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #7072 globally and #254 in its home market, demonstrating a 1.62% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Indian Renewable Energy Development Agency Limited's stock price ₹116.20 by its total outstanding shares 2809231268 (2.81 Billion).
Indian Renewable Energy Development Agency Limited Market Cap History: 2023 to 2026
Indian Renewable Energy Development Agency Limited's market capitalization history from 2023 to 2026. Data shows growth from $3.33 Billion to $3.77 Billion (33.32% CAGR).
Index Memberships
Indian Renewable Energy Development Agency Limited is a constituent of 4 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY MIDCAP 100
NIFMDCP100
|
$275.13 Billion | 0.39% | #81 of 100 |
|
NIFTY 200
NIFTY200
|
$1.01 Trillion | 0.11% | #160 of 200 |
|
NIFTY 500
NIFTY500
|
$1.27 Trillion | 0.08% | #236 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$342.58 Billion | 0.31% | #109 of 150 |
Weight: Indian Renewable Energy Development Agency Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Indian Renewable Energy Development Agency Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Indian Renewable Energy Development Agency Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.07x
Indian Renewable Energy Development Agency Limited's market cap is 0.07 times its annual revenue
1.83x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.27x
Indian Renewable Energy Development Agency Limited's market cap is 0.27 times its annual earnings
0.83x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $3.33 Billion | $33.43 Billion | $8.65 Billion | 0.10x | 0.39x |
| 2024 | $6.98 Billion | $48.38 Billion | $12.52 Billion | 0.14x | 0.56x |
| 2025 | $4.54 Billion | $66.19 Billion | $16.98 Billion | 0.07x | 0.27x |
Competitor Companies of IREDA by Market Capitalization
Companies near Indian Renewable Energy Development Agency Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Indian Renewable Energy Development Agency Limited by market ranking:
- Visa Inc. Class A (NYSE:V): Ranked #20 globally with a market cap of $536.66 Billion USD.
- Mastercard Inc (NYSE:MA): Ranked #24 globally with a market cap of $450.90 Billion USD.
- American Express Company (NYSE:AXP): Ranked #102 globally with a market cap of $160.20 Billion USD.
- Capital One Financial Corporation (NYSE:COF): Ranked #173 globally with a market cap of $111.74 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #20 | Visa Inc. Class A | NYSE:V | $536.66 Billion | $308.46 |
| #24 | Mastercard Inc | NYSE:MA | $450.90 Billion | $506.58 |
| #102 | American Express Company | NYSE:AXP | $160.20 Billion | $300.27 |
| #173 | Capital One Financial Corporation | NYSE:COF | $111.74 Billion | $183.42 |
Indian Renewable Energy Development Agency Limited Historical Marketcap From 2023 to 2026
Between 2023 and today, Indian Renewable Energy Development Agency Limited's market cap moved from $3.33 Billion to $ 3.77 Billion, with a yearly change of 33.32%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹3.77 Billion | -16.94% |
| 2025 | ₹4.54 Billion | -35.01% |
| 2024 | ₹6.98 Billion | +109.39% |
| 2023 | ₹3.33 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Indian Renewable Energy Development Agency Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.77 Billion USD |
| MoneyControl | $3.77 Billion USD |
| MarketWatch | $3.77 Billion USD |
| marketcap.company | $3.77 Billion USD |
| Reuters | $3.77 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.