Ind Renewable Energy Ltd Stock Price Today (NSE: INDRENEW)

Ind Renewable Energy Ltd

10.540.02 (0.19%)
Market Closed

Fundamental Score

...

Ind Renewable Energy Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ind Renewable Energy Ltd share price today is 10.54, down 0.19% on NSE/BSE as of 17 June 2026. Ind Renewable Energy Ltd (INDRENEW) is a Small-cap company in the Power Generation sector with a market capitalisation of 16.43 (Cr). The 52-week high for INDRENEW share price is 16.70 and the 52-week low is 9.72. The company has a Return on Equity (ROE) of -0.31% and a debt-to-equity ratio of 0.02.

Ind Renewable Energy Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
12.50
Low
10.41
Volume
15.4K
Change
-4.00%

Ind Renewable Energy Ltd share price chart: -4.00% return over the past month. 52-week high ₹16.70, 52-week low ₹9.72.

Ind Renewable Energy Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
11.1711.2010.9811.005.89K (Cr)
11.0011.4910.6610.7517.62K (Cr)
11.5311.5311.0011.2117.39K (Cr)
11.1911.7510.6511.5336.42K (Cr)
11.1011.2310.5511.2020.91K (Cr)
10.5311.4910.5310.7012.14K (Cr)
10.9711.1810.4111.078.26K (Cr)
11.0011.0010.7510.752.53K (Cr)
11.2711.2710.6510.713.54K (Cr)
10.7111.0910.6510.967.40K (Cr)

Ind Renewable Energy Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
11.0011.4910.6611.00+0.00%
11.7811.7810.4111.21-4.84%
10.5012.6310.0411.78+12.19%
12.2012.209.7210.00-18.03%
11.2112.3910.5011.93+6.42%
11.6812.6210.2011.79+0.94%
12.8812.8811.1511.24-12.73%
14.0014.9911.0511.83-15.50%
14.1816.4712.9214.04-0.99%
13.8515.4913.0713.48-2.67%
13.8116.7012.5213.85+0.29%
13.7816.7012.1714.28+3.63%

AI Research Briefing

Powered by Gemini · 2026-04-10

INDRENEW is a micro-cap hope trade priced for perfection, ignore.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEBreakdown. 1M: -15.95%, 3M: -13.87%, 6M: -2.24% [cite: brief].P/E is non-existent due to losses. Industry P/E is 26.91x, making INDRENEW appear significantly overvalued [cite: brief].

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The stock is down 15.95% in the last 1M and 13.87% in the last 3M.

CORE STORY (THE REAL GAME)

Why Now
  • India's renewable energy targets
  • Government support for renewables
  • Overall positive sentiment in the renewable energy sector
Potential Catalysts
  • Large order wins
  • Significant improvement in financial performance
  • Favorable policy changes
Key Risks
  • Micro-cap liquidity risk
  • Negative ROE and ROCE
  • Negative free cash flow
  • No sales growth
  • Promoter holding is negligible at 0.07%
Institutional Activity

No FII or DII interest. Promoter holding is negligible at 0.07% with no change [cite: brief].

Macro Context

India's power sector is projected to reach 1,121 GW by FY2036, with solar accounting for the largest share.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-23.25 Cr [cite: brief].

3–6 Month Outlook

Hope-driven stock. If they execute and win large orders, it can rerate. Until then, avoid.

Primary Thesis Risk

Inability to secure and execute large orders will lead to stock collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-0.31%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-0.23%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Ind Renewable Energy Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

26.91x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Poor

Promoter Holding

0.07%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

80.00%

Net profit growth vs same quarter last year

Revenue Growth (Quarterly YoY)

N/A

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

9.68%

Earnings per share growth over 5 years

Average

Net Profit Growth (5-Year CAGR)

10.12%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.02x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-3.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-23.25 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ind Renewable Energy Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of INDRENEW across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (80.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (-0.31%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-0.23%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Weak Interest Coverage (-3.00x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-23.25 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Low Promoter Commitment (0.07%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ind Renewable Energy Ltd vs Power Generation Peers

Peer Comparison - Power Generation

Compare Ind Renewable Energy Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
14/100
11
₹16.43
-0.31%
Poor
-0.23%
Poor
0.0
Excellent
10.12%
Good
0.00%
Ntpc Ltd...
NTPC532555
46.7/100
379
₹317032.28
13.3
Average
12.13%
Average
9.95%
Poor
1.3
Average
15.54%
Excellent
11.44%
Good
2.55%
54.6/100
1447
₹171183.27
78.1
Average
14.61%
Average
8.70%
Poor
4.5
Poor
127.48%
Excellent
34.49%
Excellent
0.00%
20.9/100
583
₹85981.65
42.5
Average
7.41%
Poor
6.49%
Poor
2.4
Poor
11.69%
Good
7.26%
Good
0.41%
26.3/100
100
₹79906.88
131.7
Average
3.85%
Poor
4.89%
Poor
1.2
Average
0.00%
NHPC Ltd...
NHPC533098
33.2/100
77
₹77658.24
24.5
Average
7.53%
Poor
7.42%
Poor
1.1
Average
-1.97%
Poor
0.73%
Average
2.47%
47.7/100
336
₹33279.00
12.7
Average
14.47%
Average
10.51%
Average
1.2
Average
12.01%
Good
8.22%
Good
1.25%
SJVN Ltd...
SJVN533206
16/100
73
₹30585.60
54.9
Average
5.81%
Poor
4.91%
Poor
2.0
Poor
-10.34%
Poor
2.59%
Average
1.88%
31.6/100
27
₹16096.43
53.7
Average
-1.08%
Poor
6.15%
Poor
0.9
Good
8.18%
Good
0.05%
Average
0.00%
Nava Ltd...
NAVA513023
61.8/100
598
₹14647.98
15.8
Average
15.03%
Good
17.17%
Good
0.2
Excellent
18.68%
Excellent
7.62%
Good
1.55%
48.7/100
307
₹13745.60
27.2
Average
7.57%
Poor
8.42%
Poor
2.7
Poor
25.72%
Excellent
-4.59%
Poor
0.09%

Ind Renewable Energy Ltd PE Ratio History

Historical price-to-earnings ratio for INDRENEW — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.10₹14.63144.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ind Renewable Energy Ltd Quarterly Performance

Latest quarterly metrics for INDRENEW — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

N/A

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

80.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

10.12%

Compounded annual net profit growth over 5 years

Ind Renewable Energy Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for INDRENEW — calculated from daily price history

57RSI 14
Neutral — RSI 57

Momentum is balanced — neither overbought nor oversold.

SMA 50
11
▼ Price below SMA 50 — Short-term bearish
SMA 200
12
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
15K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ind Renewable Energy Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ind Renewable Energy Ltd (INDRENEW) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Ind Renewable Energy Ltd

About INDRENEW (Ind Renewable Energy Ltd)

Ind Renewable Energy Ltd is a dynamic force in India's power generation landscape, dedicated to harnessing the sun's energy to illuminate the nation. Operating primarily in the sol...ar power sector, the company develops, owns, and operates a diverse portfolio of solar power plants across India. These facilities are strategically located to maximize sunlight capture, converting it into clean, sustainable electricity for homes, businesses, and industries. With a commitment to innovation and efficiency, INDRENEW is actively contributing to reducing India's reliance on fossil fuels and transitioning towards a greener, more sustainable energy future. The company's core business revolves around generating and selling this renewable energy, playing a vital role in meeting India's growing energy demands while minimizing environmental impact. Beyond its direct involvement in solar power generation, Ind Renewable Energy Ltd also navigates the financial markets, strategically investing in a range of securities. This includes shares, stocks, bonds, debentures, and other financial instruments issued by various publicly traded companies. This strategic financial arm allows INDRENEW to diversify its assets and pursue growth opportunities beyond its core power generation activities. By carefully managing its investment portfolio, the company aims to strengthen its financial position and generate additional revenue streams, further supporting its commitment to expanding its renewable energy footprint across India. This blend of power generation and strategic investment showcases INDRENEW's multifaceted approach to sustainable growth and value creation. Originally established as Vakharia Power Infrastructure Limited, the company underwent a transformative rebranding to become Ind Renewable Energy Limited, signifying its unwavering focus on renewable energy solutions. Since its incorporation in 2011 and headquartered in the bustling metropolis of Mumbai, India, INDRENEW has been steadily building its presence in the renewable energy sector. This name change reflects the company's evolving identity and commitment to driving the transition to a cleaner energy ecosystem. With its strategic location in a major economic hub and its dedication to solar power generation and strategic investments, Ind Renewable Energy Ltd is poised to continue its growth trajectory and contribute significantly to India's sustainable energy future.

Company Details

Symbol:INDRENEW
Industry:Power Generation
Sector:Power Generation

Key Leadership

Mr. Anupam Narain Gupta
MD & Director
Mr. Neeraj Arora
Chief Financial Officer
Mr. Ashish Dhamani
Company Secretary & Compliance Officer

INDRENEW Share Price: Frequently Asked Questions

What is the current share price of Ind Renewable Energy Ltd?

Ind Renewable Energy Ltd (INDRENEW) trades at ₹10.54 on NSE and BSE. Market cap ₹16.43 (Cr). Educational data only.

What is the P/E ratio of Ind Renewable Energy Ltd?

Ind Renewable Energy Ltd has a P/E of N/Ax vs industry average 26.91x.

What is the Bull Run score for Ind Renewable Energy Ltd?

Ind Renewable Energy Ltd has a Bull Run score of 14/100 based on 25+ financial parameters.

Does Ind Renewable Energy Ltd pay dividends?

Ind Renewable Energy Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ind Renewable Energy Ltd?

Ind Renewable Energy Ltd has ROE of -0.31%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ind Renewable Energy Ltd?

Ind Renewable Energy Ltd has debt-to-equity of 0.02.

Is Ind Renewable Energy Ltd a good investment?

Bull Run gives Ind Renewable Energy Ltd a score of 14/100. This is not investment advice — consult a SEBI-registered advisor.