Shares of Indian Renewable Energy Development Agency witnessed notable gains, trading at ₹122.12, up 2.12% from its previous close as of 9:21 am on Monday. According to reports from Moneycontrol, the stock is currently a constituent of the Nifty Midcap 150 index. However, investor sentiment on the stock remains very bearish as of August 03, 2026, as per Moneycontrol analysis.
For the quarter-ending March 2026, the company reported consolidated revenue of ₹2,175.35 crore, representing a 39.38% increase compared to ₹1,905.06 crore in the corresponding quarter of the previous year. As reported by Moneycontrol, consolidated net profit for Q4 FY26 stood at ₹492.63 crore, showing a slight decrease of 1.78% from ₹501.55 crore in Q4 FY25. The company's EPS for the quarter was ₹1.76.
On an annual basis, the company demonstrated exceptional growth with consolidated revenue increasing from ₹2,367.32 crore in 2020 to ₹8,310.48 crore in 2026, marking a substantial growth of 250.93%. According to Moneycontrol reports, net profit witnessed robust growth from ₹214.55 crore in 2020 to ₹1,874.00 crore in 2026, representing a rise of 773.47%. The company's EPS improved from ₹2.74 in 2020 to ₹6.73 in 2026, while ROE increased from 8.51% to 13.59% over the same period.
The company announced a final dividend of ₹0.75 per share (7.5%) with an announcement date of May 29, 2026, and an interim dividend of ₹0.60 per share (6%) on March 25, 2026, with an effective date of April 02, 2026. As reported by Moneycontrol, recent corporate developments include changes in the Board of Directors with the appointment of a Government Nominee Director on July 24, 2026. The company's balance sheet shows total assets of ₹93,807 crore as of March 2026, with share capital of ₹2,809 crore and reserves & surplus of ₹10,976 crore.
