IREDA
Indian Renewable Energy Development Agency Ltd.
Each stock's 10,000-path forecast, rendered as light.
Indian Renewable Energy Development Agency Ltd. (IREDA) Stock Analysis & Case Study
Is IREDA a good buy? The data-driven verdict.
Indian Renewable Energy Development Agency Ltd. (IREDA) trades at ₹120,on the numbers it worth a closer look, a Downstox Snapshot Score of 57/100.
On the numbers, Indian Renewable Energy Development Agency Ltd. (IREDA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing fairly valued at 17.1× earnings, ROE of 15.6%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
IREDA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How IREDA ranks against the 2,373 companies in our screener
- IREDA's market cap of 33,655 Cr ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IREDA's book value of ₹49 ranks in the 33rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IREDA's promoter holding of 71.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IREDA's 3-year profit (PAT) growth of 16.0% ranks in the 50th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold 3-year revenue growth or debt-to-equity ratio figures for IREDA, as of 9 Aug 2026, so those are not ranked here.
Is IREDA overvalued? IREDA P/E vs peers
IREDA trades at 17.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
IREDA share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.6y of IREDA history (26%/yr drift, 37%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| IREDA 2027 | ₹78 | ₹125 | ₹201 | +4% |
| IREDA 2028 | ₹66 | ₹131 | ₹259 | +9% |
| IREDA 2029 | ₹59 | ₹136 | ₹313 | +14% |
| IREDA 2030 | ₹54 | ₹143 | ₹374 | +19% |
| IREDA 2031 | ₹51 | ₹149 | ₹438 | +24% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability IREDA goes up, or doubles?
The bull case for IREDA
- IREDA's P/E of 17.1x is lower than 68% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IREDA's return on equity of 15.6% ranks in the 73rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹313.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹59.
IREDA volatility & expected range, how bumpy is the ride?
Over the last 2.6 years IREDA compounded at 26%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹78-₹201, the honest backbone behind any single price target.
IREDA price forecast, the full 60-month probability fan
IREDA price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds IREDA hits common targets within the simulated horizon?
Full multi-horizon detail on the IREDA price target & forecast page.
IREDA Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. IREDA scores 5/8, mixed financial health.
IREDA MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy IREDA with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 28.48% | 3.5× |
| Zerodha | 27.20% | 3.7× |
| Groww | 27.29% | 3.7× |
| DhanCHEAPEST | 25.00% | 4.0× |
| Kotak Neo | 30.03% | 3.3× |
| Paytm Money | 25.22% | 4.0× |
| Pocketful | 32.44% | 3.1× |
| Fyers | 33.33% | 3.0× |
| Anand Rathi | 31.94% | 3.1× |
| Bajaj Broking | 29.00% | 3.4× |
| Share India | 32.06% | 3.1× |
Compare every broker on the IREDA MTF page.
About Indian Renewable Energy Development Agency Ltd.: sector, index & market-cap context
Indian Renewable Energy Development Agency Ltd. (IREDA) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹33,655 Cr. See more stocks on our screener.
How the IREDA Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Indian Renewable Energy Development Agency Ltd.'s public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
IREDA analysis, FAQs
Is Indian Renewable Energy Development Agency Ltd. (IREDA) a good buy?
On the numbers, Indian Renewable Energy Development Agency Ltd. (IREDA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing fairly valued at 17.1× earnings, ROE of 15.6%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is IREDA overvalued or undervalued?
IREDA trades at 17.1× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the IREDA share price target for 2031?
IREDA's probability-weighted 2031 median target is ₹149, with an 80% range of ₹51-₹438 (10,000-path Monte-Carlo).
What is the probability IREDA doubles in 5 years?
The modelled probability of IREDA reaching ₹240 (2×) within 5 years is 29%.
What is the bull case for IREDA?
IREDA's P/E of 17.1x is lower than 68% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. IREDA's return on equity of 15.6% ranks in the 73rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in IREDA?
No model or past record guarantees future returns, treat this as one input, not a decision.