IND Renewable Energy Ltd
₹ 15.0
0.00%
21 Aug
- close price
About
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
Key Points
- Market Cap ₹ 20.9 Cr.
- Current Price ₹ 15.0
- High / Low ₹ 16.5 / 9.72
- Stock P/E
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE -4.58 %
- ROE -4.76 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.84 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 0.07%
- Company has a low return on equity of -1.87% over last 3 years.
- Promoter holding has decreased over last 3 years: -14.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.04 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.14 | 0.25 | 0.20 | 0.22 | 0.26 | 0.20 | 0.09 | 0.15 | 0.06 | 0.37 | 0.12 | 1.19 | 1.22 | |
| Operating Profit | -0.14 | -0.25 | -0.16 | -0.13 | -0.17 | -0.11 | -0.09 | -0.15 | -0.06 | -0.37 | -0.12 | -1.19 | -1.22 |
| OPM % | -400.00% | -144.44% | -188.89% | -122.22% | |||||||||
| 0.24 | 0.74 | 0.37 | 0.32 | 0.58 | -0.08 | 0.00 | 0.06 | 0.00 | 0.38 | 0.06 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.01 | 0.07 | 0.02 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| Depreciation | 0.06 | 0.06 | 0.07 | 0.08 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | 0.42 | 0.07 | 0.09 | 0.33 | -0.27 | -0.09 | -0.09 | -0.06 | 0.01 | -0.07 | -1.20 | -1.22 |
| Tax % | 0.00% | 19.05% | 14.29% | 11.11% | 15.15% | 3.70% | 0.00% | 0.00% | -100.00% | -400.00% | 14.29% | 0.83% | |
| 0.04 | 0.35 | 0.06 | 0.07 | 0.28 | -0.29 | -0.09 | -0.09 | 0.00 | 0.05 | -0.08 | -1.21 | -1.23 | |
| EPS in Rs | 0.03 | 0.23 | 0.04 | 0.05 | 0.19 | -0.19 | -0.06 | -0.06 | 0.00 | 0.04 | -0.06 | -0.87 | -0.88 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1438% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 10% |
| 3 Years: | -6% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | -5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 13.93 | 13.93 | 13.93 |
| Reserves | -0.23 | 0.12 | 0.18 | 0.26 | 0.63 | 0.34 | 0.25 | 0.17 | 0.17 | 12.20 | 12.12 | 10.91 |
| 0.00 | 0.59 | 0.36 | 0.38 | 0.37 | 0.06 | 0.02 | 0.13 | 0.18 | 0.41 | 0.47 | 0.60 | |
| 0.00 | 0.08 | 0.01 | 0.00 | 0.04 | 0.06 | 0.00 | 0.01 | 0.01 | 0.20 | 0.20 | 1.39 | |
| Total Liabilities | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 |
| 0.18 | 0.12 | 0.61 | 0.53 | 0.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.43 | 3.13 | 2.59 | 2.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.19 | 0.57 | 0.38 | 0.36 | 3.59 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 | |
| Total Assets | 2.80 | 3.82 | 3.58 | 3.67 | 4.07 | 3.49 | 3.30 | 3.34 | 3.39 | 26.74 | 26.72 | 26.83 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.20 | -0.74 | 0.01 | -0.21 | -3.27 | 0.02 | 0.04 | -0.10 | -0.05 | -23.08 | -0.06 | -0.13 | |
| 0.35 | 0.04 | 0.34 | 0.14 | 3.36 | 0.27 | 0.00 | 0.00 | 0.00 | -0.41 | 0.00 | 0.00 | |
| -0.03 | 0.58 | -0.29 | 0.00 | -0.04 | -0.33 | -0.04 | 0.11 | 0.04 | 23.50 | 0.06 | 0.13 | |
| Net Cash Flow | 0.12 | -0.12 | 0.06 | -0.07 | 0.04 | -0.04 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -0.20 | -0.74 | -0.55 | -0.21 | -3.27 | 0.37 | 0.04 | -0.10 | -0.05 | -23.08 | -0.06 | -0.13 |
| CFO/OP | 143% | 296% | -6% | 162% | 1,924% | -18% | -44% | 67% | 183% | 6,238% | 50% | 11% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91.25 | 40.56 | 40.56 | 81.11 | ||||||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 91.25 | 40.56 | 40.56 | 81.11 | ||||||||
| Working Capital Days | -3,285.00 | -1,297.78 | 12,247.78 | 13,423.89 | ||||||||
| ROCE % | -5.72% | -8.26% | -5.47% | -4.97% | -1.82% | -4.29% | -2.67% | -2.71% | -1.79% | 0.07% | -0.23% | -4.58% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Installed Solar Capacity kW |
|
|||||||||
| Share of Total Income from Solar Power Operations % |
||||||||||
| Number of Permanent Employees count |
||||||||||
| Solar Project Pipeline (Under Construction) MWp |
||||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Results: Unaudited Financial Results For The Quarter Ended June 30, 2026
- Board approved unaudited standalone results for quarter ended June 30, 2026, on August 13, 2026.
-
Intimation About Adjournment Of Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
- Board and audit committee meeting adjourned to 13 August 2026 for Q1 FY2027 unaudited results approval.
-
Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2026
- Board meeting on 11 August 2026 to approve Q1 FY27 results and limited review report.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
- Submitted Annual Secretarial Compliance Report for FY 2025-26 under Regulation 24A.
Annual reports
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Scheme of Arrangement:[1]
Company is holding investments and other assets and liabilities of investment business undertaking transferred to it under Scheme of Arrangement between Everlon Synthetics Limited and Vakharia Power Infrastructure Limited and their respective share holders.