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
Indian Renewable Energy Development Agency Limited (IREDA) - Net Assets
Latest net assets as of September 2025: ₹129.20 Billion INR
Based on the latest financial reports, Indian Renewable Energy Development Agency Limited (IREDA) has net assets worth ₹129.20 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹877.94 Billion) and total liabilities (₹748.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹129.20 Billion |
| % of Total Assets | 14.72% |
| Annual Growth Rate | 16.21% |
| 5-Year Change | 242.72% |
| 10-Year Change | 347.15% |
| Growth Volatility | 62.81 |
Indian Renewable Energy Development Agency Limited - Net Assets Trend (2013–2025)
This chart illustrates how Indian Renewable Energy Development Agency Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indian Renewable Energy Development Agency Limited (2013–2025)
The table below shows the annual net assets of Indian Renewable Energy Development Agency Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹102.67 Billion | +19.94% |
| 2024-03-31 | ₹85.59 Billion | +44.22% |
| 2023-03-31 | ₹59.35 Billion | +12.66% |
| 2022-03-31 | ₹52.68 Billion | +75.86% |
| 2021-03-31 | ₹29.96 Billion | -88.85% |
| 2020-03-31 | ₹268.68 Billion | +3576.50% |
| 2019-03-31 | ₹-7.73 Billion | -104.88% |
| 2018-03-31 | ₹158.48 Billion | +4419.92% |
| 2017-03-31 | ₹-3.67 Billion | -115.98% |
| 2016-03-31 | ₹22.96 Billion | +5.39% |
| 2015-03-31 | ₹21.79 Billion | +12.54% |
| 2014-03-31 | ₹19.36 Billion | +14.44% |
| 2013-03-31 | ₹16.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indian Renewable Energy Development Agency Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6584190000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹65.84 Billion | 64.13% |
| Common Stock | ₹26.88 Billion | 26.18% |
| Other Comprehensive Income | ₹1.30 Billion | 1.27% |
| Other Components | ₹8.64 Billion | 8.42% |
| Total Equity | ₹102.67 Billion | 100.00% |
Indian Renewable Energy Development Agency Limited Competitors by Market Cap
The table below lists competitors of Indian Renewable Energy Development Agency Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berli Jucker Public Company Limited
STU:NVP8
|
$1.06 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
$1.06 Billion |
|
Atul Limited
NSE:ATUL
|
$1.06 Billion |
|
Guangdong Topstar Technology Co Ltd
SHE:300607
|
$1.06 Billion |
|
Ruijie Networks Co. Ltd. A
SHE:301165
|
$1.06 Billion |
|
Tuas Ltd
AU:TUA
|
$1.06 Billion |
|
Hang Lung Group Limited
PINK:HNLGF
|
$1.06 Billion |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indian Renewable Energy Development Agency Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 85,594,253,000 to 102,665,400,000, a change of 17,071,147,000 (19.9%).
- Net income of 16,983,400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 649,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹16.98 Billion | +16.54% |
| Other Comprehensive Income | ₹649.70 Million | +0.63% |
| Other Changes | ₹-561.95 Million | -0.55% |
| Total Change | ₹- | 19.94% |
Book Value vs Market Value Analysis
This analysis compares Indian Renewable Energy Development Agency Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.34x to 3.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹18.32 | ₹116.20 | x |
| 2014-03-31 | ₹20.96 | ₹116.20 | x |
| 2015-03-31 | ₹28.45 | ₹116.20 | x |
| 2016-03-31 | ₹29.26 | ₹116.20 | x |
| 2017-03-31 | ₹238.75 | ₹116.20 | x |
| 2018-03-31 | ₹261.08 | ₹116.20 | x |
| 2019-03-31 | ₹314.18 | ₹116.20 | x |
| 2020-03-31 | ₹354.36 | ₹116.20 | x |
| 2021-03-31 | ₹38.18 | ₹116.20 | x |
| 2022-03-31 | ₹66.77 | ₹116.20 | x |
| 2023-03-31 | ₹25.95 | ₹116.20 | x |
| 2024-03-31 | ₹35.27 | ₹116.20 | x |
| 2025-03-31 | ₹38.20 | ₹116.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indian Renewable Energy Development Agency Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.66%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 7.77x
- Recent ROE (16.54%) is above the historical average (9.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.39% | 27.08% | 0.10x | 4.13x | ₹234.29 Million |
| 2014 | 12.41% | 44.79% | 0.06x | 4.69x | ₹466.73 Million |
| 2015 | 12.35% | 53.35% | 0.05x | 4.72x | ₹511.03 Million |
| 2016 | 12.97% | 54.84% | 0.04x | 5.75x | ₹682.71 Million |
| 2017 | 2.82% | 33.68% | 3.75x | 0.02x | ₹-13.45 Billion |
| 2018 | 2.63% | 31.98% | 0.10x | 0.81x | ₹-15.09 Billion |
| 2019 | 1.26% | 16.13% | 163.87x | 0.00x | ₹-21.54 Billion |
| 2020 | 0.87% | 10.69% | 0.08x | 0.99x | ₹-25.39 Billion |
| 2021 | 11.56% | 13.55% | 0.08x | 10.11x | ₹468.21 Million |
| 2022 | 12.03% | 22.79% | 0.08x | 6.97x | ₹1.07 Billion |
| 2023 | 14.57% | 25.86% | 0.07x | 8.50x | ₹2.71 Billion |
| 2024 | 14.63% | 25.88% | 0.08x | 7.31x | ₹3.96 Billion |
| 2025 | 16.54% | 25.66% | 0.08x | 7.77x | ₹6.72 Billion |
Industry Comparison
This section compares Indian Renewable Energy Development Agency Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,621,595,776
- Average return on equity (ROE) among peers: 14.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indian Renewable Energy Development Agency Limited (IREDA) | ₹129.20 Billion | 11.39% | 5.80x | $1.06 Billion |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Arman Financial Services Limited (ARMANFIN) | $196.82 Million | 15.55% | 2.31x | $97.80 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |