IPO Plus

BSE · 536709

IND Renewable Energy Ltd.

14.45
₹20 Cr market cap
P/E
EPS
₹0
Book value
₹17.83
ROE
-486.76%
ROCE
-4.7%
Debt / equity
0.02

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

00.250.50.751Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24
Revenue (₹ Cr) Net profit (₹ Cr)

Shareholding

As of 2026-03-31

0.07%
promoter holding
  • Promoter0.07%
  • Public99.93%

19,912 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

0.72%0.07%Jun 24Mar 26

52-week position

Where the current price sits in its yearly band

9.7214.4516.7

The band spans 1.72× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Power Generation And Supply · ranked #37 of 40 by market cap · medians across 36 industry peers

P/E
vs 52.14 peer med
P/B
0.81vs 2.08 peer med
ROE %
-486.76vs 8.13 peer med
Margin %
0vs 8.27 peer med
CompanyMkt capP/EP/BROEMargin
Adani Power Ltd.₹4,02,992 Cr100.476.2119.76%23.66%
NTPC Ltd.₹3,34,390 Cr31.91.6513.31%14.44%
Power Grid Corporation of India Ltd.₹2,65,718 Cr58.432.6415.85%34.08%
Adani Green Energy Ltd.₹2,23,802 Cr583.1311.219.24%13.4%
Adani Energy Solution Ltd.₹1,99,293 Cr291.567.848.98%8.27%
Tata Power Company Ltd.₹1,20,129 Cr30.523.049.49%6.09%
JSW Energy Ltd.₹99,613 Cr256.273.17.28%11.85%
NHPC Ltd.₹78,422 Cr53.841.899.09%32.42%
NTPC Green Energy Limited₹76,351 Cr393.964.032.76%0.18%
Torrent Power Ltd.₹71,731 Cr31.43.7612.67%8.34%
IND Renewable Energy Ltd.(this company)₹20 Cr0.79-4.87%0%

AI analysis

AI-generated · google/gemini-2.5-flash

IND Renewable Energy Ltd. has a market capitalization of Rs 18 Cr. The company's book value per share is Rs 17.83. The debt-to-equity ratio stands at 0.02. For the last fiscal year (Mar 2024), revenue was Rs 0.38 Cr with an EPS of Rs 0.1. The 52-week high for the share price was Rs 16.7 and the low was Rs 9.72.

Positives

  • +The company has a low debt-to-equity ratio of 0.02 indicating minimal leverage.
  • +Promoter pledge is 0%, indicating no shares are pledged.

Negatives

  • The promoter holding is very low at 0.0718%, indicating a lack of promoter conviction.
  • The company reported a negative Return on Equity (ROE) of -486.8%.
  • The company reported a negative Return on Capital Employed (ROCE) of -4.697%.
  • The profit margin for the latest reported period is 0%, indicating no profit generated from revenue.
  • The company has reported negative net profit for the latest available quarterly result at -Rs 1.05 Cr for Mar 2026.

Financial Performance

IND Renewable Energy Ltd. reported revenue of Rs 0.3796 Cr for the fiscal year ending March 2024. This marks an increase from Rs 0 Cr in March 2023 and Rs 0.0559 Cr in March 2022. Net profit for March 2024 was Rs 0.0454 Cr, significantly up from Rs 0.0005 Cr in March 2023 and negative net profits in previous years.

Profitability & Returns

The company's Return on Equity (ROE) is -486.8%, and Return on Capital Employed (ROCE) is -4.697%. The profit margin for the latest reported period is 0%. Earnings per share (EPS) for March 2024 was Rs 0.1, compared to Rs 0.002 in March 2023 and negative EPS in prior years.

Balance Sheet

IND Renewable Energy Ltd. maintains a low debt-to-equity ratio of 0.02, indicating minimal reliance on borrowed capital. The book value per share is Rs 17.83. Quarterly results beyond March 2026 are not available, showing negative net profits for the last several reported quarters, with net profit at -Rs 1.05 Cr for March 2026.

Ownership & Pledges

As of March 31, 2026, promoter holding in IND Renewable Energy Ltd. is 0.0718%. Public shareholding is 99.9282%. There is no pledged promoter shareholding reported (0%). The number of shareholders as of March 31, 2026, is 19912. No FII or DII holding was reported for this period.

Data as of — price: 2026-07-31 · financials: Mar 24 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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