INDRENEW.BO · BSE

IND Renewable Energy Ltd

₹14.88

-0.07% (-₹0.01)

Prev. close

₹14.89

Volume

44,574

As of

18 Sept 2026

Price history

₹14.88+₹4.34 (+41.18%) · 3M
17 Jun 202618 Sept 2026
₹15.12₹10.5417 Jun10 Jul04 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on IND Renewable Energy Ltd in the last 90 days.

Fundamentals

About IND Renewable Energy Ltd

Ind Renewable Energy Limited engages in the generation and sale of solar power in India. It also invests in shares, stocks, bonds, debentures, and other securities of various listed companies. The company was formerly known as Vakharia Power Infrastructure Limited and changed its name to Ind Renewable Energy Limited. Ind Renewable Energy Limited was incorporated in 2011 and is based in Mumbai, India.

Details

Sector

Utilities

Industry

Utilities - Regulated Electric

CEO

Mr. Anupam Narain Gupta

Headquarters

Mumbai

Key stats

Market cap

₹20.89 Cr

EPS (TTM)

₹-0.88

Beta (1Y · daily vs NIFTY 50)

0.30

Beta (5Y · monthly vs NIFTY 50)

0.53

EPS · quarter ended Jun 2026

₹-0.01

Financial Performance

01 · Financials

-2 Cr-1 Cr0 Cr1 CrFY23FY24FY25FY26
RevenueNet incomeEBITDA

02 · Earnings Per Share (EPS)

-1-101FY23FY24FY25FY26

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr10 Cr20 Cr30 Cr0.02×0.04×0.06×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr10 Cr20 Cr30 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-40 Cr-20 Cr0 Cr20 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY22FY23FY24FY25FY26
₹0₹0₹0₹0
EBITDA₹-5.08 L₹1.04 L₹-6.38 L₹-1.19 Cr
₹5,000₹4.54 L₹-7.95 L₹-1.21 Cr
Diluted EPS₹0₹0.1₹-0.06₹-0.87

Revenue, Depreciation & amortisation, EBITDA, Net income, Pretax income, Tax provision, Interest expense, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY22FY23FY24FY25FY26
₹3.39 Cr₹26.74 Cr₹26.72 Cr₹26.83 Cr
₹17.54 L₹40.93 L₹47.22 L₹60.23 L
Stockholders' equity₹3.19 Cr₹26.13 Cr₹26.05 Cr₹24.84 Cr

Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, Total debt, Long-term debt, Current (short-term) debt, Others, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated. Inventory shows ₹0 for 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31 — this deck's own annual-report reading has no Inventory figure for this filer in any year shown (2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31, 2022-03-31 alike); the ₹0 shown here comes from this filer's own reported data feed rather than this deck's own extraction, and is positively consistent with a filer that holds no physical inventory (typical for lenders and other financial-services companies) rather than a display default. 2022-03-31 has no Inventory figure reaching this deck at all — not shown as zero, not shown as positive — left blank rather than assumed to match the other years.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY22FY23FY24FY25FY26
₹-4.78 L₹-23.50 Cr₹-5.81 L₹-12.51 L
Investing cash flow₹0₹0₹0₹0
₹4.48 L₹23.50 Cr₹5.60 L₹12.50 L
End cash position₹39,000₹66,000₹44,000₹43,000

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Utilities

Company
Adani Power Limited₹3.97 L Cr₹206.627.96.1219.8%0.84-3.5%-67.3%
NTPC Limited₹3.20 L Cr₹323.6510.11.5713.3%1.33-1.2%-3.9%
Power Grid Corporation of India Limited₹2.45 L Cr₹270.312.92.4415.8%1.51+1.6%-6.5%
Adani Green Energy Limited₹2.10 L Cr₹1,334.5122.310.518.3%5.08+11.6%+36.3%
Adani Energy Solutions Limited₹1.70 L Cr₹1,436.157.16.679.0%1.93+15.4%+71.5%
Tata Power Company Limited₹1.18 L Cr₹374.830.62.999.5%2.02-4.8%-4.7%
GAIL (India) Limited₹1.13 L Cr₹173.911.41.278.5%0.28-0.2%-3.9%
Siemens Energy India Limited₹1.11 L Cr₹3,22874.225.2725.1%0.03+63.5%-7.1%
JSW Energy Limited₹93,817.50 Cr₹52640.33.057.3%2.50+62.8%-2.2%
NHPC Limited₹75,749.61 Cr₹75.227.61.839.1%1.32+7.2%-13.8%
NTPC Green Energy Limited₹73,797.80 Cr₹88.55141.33.892.8%1.67+29.8%-14.7%
IND Renewable Energy Ltd₹20.43 Cr₹14.670.82-4.9%0.02+5.9%

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