Indian Renewable Energy Development Agency Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing an Indian Renewable Energy Development Agency target price for 2027 should start with where the stock sits today. At Rs 104.45 on 9 October 2026, it is 34.2% below its 52-week high of Rs 158.70 and 1.0% above its 52-week low of Rs 103.41. That range spans 53% from low to high, so the entry point matters as much as the Indian Renewable Energy Development Agency price forecast itself.

This article builds the Indian Renewable Energy Development Agency share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 118 base case and the Rs 143 bull case were reached, along with a downside risk level of Rs 83.0.

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Indian Renewable Energy Development Agency Stock Analysis: Company Overview and Key Stats

Indian Renewable Energy Development Agency (NSE: IREDA) has a market capitalisation of Rs 29,160 crore. In FY26 it reported revenue of Rs 8,339 crore and net profit of Rs 1,874 crore. The table collects the figures the Indian Renewable Energy Development Agency share price target is built on.

Metric	Value
Company	Indian Renewable Energy Development Agency
NSE Ticker	IREDA
CMP (9 October 2026)	Rs 104.45
52-Week High	Rs 158.70
52-Week Low	Rs 103.41
Market Cap	Rs 29,160 crore
PE Ratio (TTM)	14.83
Industry PE	17.72
Price to Book	2.12
Return on Equity	13.59%
Debt to Equity	5.65
EPS (TTM)	Rs 7.00
Dividend Yield	1.30%
12-Month Base Target	Rs 118
Bull Case	Rs 143
Downside Risk Level (not a target)	Rs 83.0

Why Is Indian Renewable Energy Development Agency Share Price Target Set at Rs 118 for 2027?

The base-case Indian Renewable Energy Development Agency stock target of Rs 118 applies a PE multiple of 14.83 to a forward EPS estimate of Rs 7.99. That EPS assumes 14.2% yearly growth, the pace from FY24 to FY26, and puts the target 13.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the Indian Renewable Energy Development Agency Target Price: Five Years of Results

Indian Renewable Energy Development Agency grew revenue from Rs 2,372 crore in FY20 to Rs 8,339 crore in FY26, a compound annual growth rate of 36.9%. Net profit grew faster, from Rs 214.55 crore to Rs 1,874 crore (71.9% a year), which shows margin gains did part of the work and not just higher sales.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY20	2,372.38	214.55	2.74	0.00
FY21	2,658.63	346.41	4.41	0.00
FY24	4,965.29	1,252.24	5.16	0.00
FY25	6,755.69	1,698.34	6.32	0.00
FY26	8,338.89	1,874.00	6.73	1.35

FY26 revenue growth was 23.4%, slower than the four-year average of 36.9%, and net profit moved up 10.3%. EPS rose from Rs 5.16 in FY24 to Rs 6.73 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Indian Renewable Energy Development Agency converted 22.5% of FY26 revenue into net profit, against 25.1% in FY25, within a five-year range of 9.0% to 25.2%. EBITDA margin was 87.4% in FY26 versus 93.0% in FY25.

In the June 2026 quarter, revenue was Rs 2,251 crore, up 14.8% from the same quarter a year earlier, while net profit of Rs 338.53 crore was up 37.1%. EBITDA came in at Rs 1,765 crore, up 15.1% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 5.65, and shareholders' equity grew from Rs 2,522 crore in FY20 to Rs 13,785 crore in FY26. Operating cash flow in FY26 was negative at Rs 14,477 crore against capital expenditure of Rs 15.66 crore, leaving negative free cash flow of Rs 14,492 crore. In FY25 free cash flow was negative at Rs 14,487 crore.

Valuation Check for the Indian Renewable Energy Development Agency Stock Target: PE, Price to Book and ROE

At a PE of 14.83 against an industry PE of 17.72, Indian Renewable Energy Development Agency trades at a discount to its industry. Price to book is 2.12 on a book value of Rs 49.07 per share, and return on equity is 13.59%. A PE of 14.83 equals an earnings yield of 6.7%, and the FY26 dividend of Rs 1.35 per share gives a yield of 1.30%.

Shareholding Pattern and Institutional Holding

Promoters held 71.76% of Indian Renewable Energy Development Agency in June 2026, and promoter holding has stayed near 71.76% since June 2025. Foreign institutional investors (FII) held 2.48% and domestic institutions (DII) held 2.40%, which puts total institutional holding at 4.88%. FII holding rose from 2.04% in June 2025 to 2.48% in June 2026. Public shareholders own the remaining 23.36%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.

Indian Renewable Energy Development Agency Share Price Targets for the Short Term and 12 Months

Short Term Indian Renewable Energy Development Agency Stock Target Levels: Technical Setup

At Rs 104.45 on 9 October 2026, Indian Renewable Energy Development Agency trades below its 50-day simple moving average of Rs 114.20 and below its 200-day exponential moving average of Rs 125.71. The 14-day RSI reads 28.8, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 114.20 (50-day simple moving average) and the nearest support is Rs 103.41 (52-week low). A sustained move above Rs 114.20 would improve the short-term setup, while a close below Rs 103.41 would shift attention to the next support.

12 Month Indian Renewable Energy Development Agency Target Price for 2027

The 12-month target for Indian Renewable Energy Development Agency is Rs 118: forward EPS of Rs 7.99 at a PE of 14.83. That is 13.0% above Rs 104.45. It would still leave the stock 25.6% below its 52-week high of Rs 158.70. Anyone checking the Indian Renewable Energy Development Agency share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.

How EPS Growth and PE Multiple Change the Indian Renewable Energy Development Agency Target Price

EPS Growth	PE 11.86	PE 14.83	PE 17.05
0.0% (EPS Rs 7.00)	Rs 83.0	Rs 104	Rs 119
14.2% (EPS Rs 7.99)	Rs 94.8	Rs 118	Rs 136
20.2% (EPS Rs 8.41)	Rs 99.7	Rs 125	Rs 143

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Indian Renewable Energy Development Agency price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for Indian Renewable Energy Development Agency Stock Target in 2027

Bull Case Rs 143

The bull case Indian Renewable Energy Development Agency price target needs EPS growth of 20.2%, which lifts forward EPS to Rs 8.41, and a PE multiple that rises 15% to 17.05. That gives Rs 143, 36.9% above the current price and below the 52-week high of Rs 158.70.

Downside Risk Level Rs 83.0

The downside risk level is not a target. It assumes EPS stays flat at Rs 7.00 and the PE falls 20% to 11.86. That gives Rs 83.0, 20.5% below the current price and below the 52-week low of Rs 103.41.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	20.2%	17.05	Rs 143	+36.9%
Base Case	14.2%	14.83	Rs 118	+13.0%
Downside Risk	0.0%	11.86	Rs 83.0	-20.5%

Key Risks to the Indian Renewable Energy Development Agency Target Price for 2027

Growth Slowdown Risk for the Indian Renewable Energy Development Agency Price Target

Revenue in the June 2026 quarter was up 14.8% year on year, and FY26 revenue growth was 23.4%. If growth slows from here, the EPS estimate behind the Indian Renewable Energy Development Agency stock target will need revising.

Liquidity and Size Risk

Indian Renewable Energy Development Agency has a market capitalisation of Rs 29,160 crore. Institutional holding is 4.88%, and promoters hold 71.76%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.

Valuation and Margin Risk

Net margin was 22.5% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 14.83 versus an industry PE of 17.72, a de-rating toward the downside-risk PE of 11.86 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 34.2% below its 52-week high, with an RSI of 28.8 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term. That applies to any Indian Renewable Energy Development Agency stock target, however carefully it is built.

How to Invest in Indian Renewable Energy Development Agency

Start with the live price and volume. Any Indian Renewable Energy Development Agency share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 104.45 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check Indian Renewable Energy Development Agency's PE, ROE, debt and shareholding in one place.

Check Indian Renewable Energy Development Agency fundamentals on the Univest Screener

Then compare the three Indian Renewable Energy Development Agency target price scenarios with your own view. If you expect EPS growth below 14.2%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.

Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.

Download the Univest iOS App or Univest Android App to track Indian Renewable Energy Development Agency live price and get daily stock recommendations.

Conclusion

The Indian Renewable Energy Development Agency share price target for 2027 is Rs 118 in the base case, with Rs 143 as the bull case. The support for that view is arithmetic you can check: EPS grew 14.2% a year over FY24 to FY26, and the stock trades at a PE of 14.83. The risks are equally concrete, including institutional holding of only 4.88% and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on Indian Renewable Energy Development Agency Share Price Target 2027

What is the Indian Renewable Energy Development Agency share price target for 2027?

Ans. The base-case Indian Renewable Energy Development Agency share price target for 2027 is Rs 118, with Rs 143 as the bull case. The downside risk level, which is not a target, is Rs 83.0. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Indian Renewable Energy Development Agency share price today?

Ans. As of 9 October 2026, 3:29 PM IST, Indian Renewable Energy Development Agency trades at Rs 104.45, up 0.63% on the day. The 52-week range is Rs 103.41 to Rs 158.70.

Is Indian Renewable Energy Development Agency a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 14.2% a year over FY24 to FY26, but institutional holding is only 4.88%. Whether Indian Renewable Energy Development Agency fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.

What are the bull case target and downside risk level for Indian Renewable Energy Development Agency shares?

Ans. The bull case target is Rs 143, which assumes 20.2% EPS growth and a PE of 17.05. The downside risk level is Rs 83.0, which assumes flat EPS and a PE of 11.86. It marks a risk, not a target.

What are the main risks to the Indian Renewable Energy Development Agency price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 29,160 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 4.88%, which can make price moves sharper.

What is the PE ratio of Indian Renewable Energy Development Agency and how does it compare with the industry?

Ans. The PE ratio of Indian Renewable Energy Development Agency is 14.83 against an industry PE of 17.72. Price to book is 2.12 and return on equity is 13.59%. The base case in the Indian Renewable Energy Development Agency price target holds this PE constant.

Who owns Indian Renewable Energy Development Agency, and what is the promoter holding?

Ans. Promoters held 71.76% of Indian Renewable Energy Development Agency in June 2026. FII held 2.48%, DII held 2.40% and the public held 23.36%.

What were Indian Renewable Energy Development Agency's latest quarterly results?

Ans. In the June 2026 quarter, Indian Renewable Energy Development Agency reported revenue of Rs 2,251 crore (up 14.8% year on year) and net profit of Rs 338.53 crore (up 37.1%).