IND Renewable Energy Ltd
The short version
IND Renewable Energy, in seven plain questions.
What IND Renewable Energy does
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
Worked out from IND Renewable Energy's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
IND Renewable Energy is a micro-sized company in power generation.
Incorporated in 2011, Ind Renewable Energy Ltd is in the business of generation of Solar power including Roof top Solar
- Whole company is worth
- ₹17 crore
- Shareholders
- 19,918 people
- Listed since
- 2013
A very small company by stock-market value — prices can swing hard and trading can be thin.
03Does it make money?
For every ₹100 it sells, it spends ₹422.
Here is where the money from IND Renewable Energy's sales went in FY20, the latest full year it has reported.
- ₹333Costs of running the businessstaff, rent, marketing, power and everything else
- ₹33Interest on its loansthe cost of borrowed money
- ₹56Wear and tearmachines, stores and buildings losing value over time
- ₹322Lossspent beyond what came in — covered by savings or new money
On the money its owners have put in
It lost ₹5 for every ₹100 its owners have invested.
Return on equity (ROE) measures the yearly profit made on the money shareholders have put into the business. Negative means the business is eating into that money.
04Is the price high or low?
You pay ₹403 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 403 means buyers are paying for about 403 years of today's profit up front.
The share price over the past year
It is 23% below its highest price of the past year and 24% above its lowest.
05Who owns it?
IND Renewable Energy has no controlling family or parent — it is owned by investors at large.
If the company were split into 100 equal shares, this is who would hold them. 19,918 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, three things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Lost ₹1.2 crore in its last financial year.
- The share price is 403 times a year's profit, so it leans heavily on growth continuing.
- Thinly traded — only about ₹2 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.0 Cr
Loss
₹0.0 Cr
No notable developments in the last few weeks.
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This page describes IND Renewable Energy using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
IND Renewable Energy Ltd (INDRENEW): company summary
The company's business has not generated any revenue or profit in the latest financial year or quarter.
IND Renewable Energy Ltd (INDRENEW) is a micro-cap Power company valued at ₹17 crore operating in Power Generation on the NSE and BSE.
- Recent price move
- IND Renewable Energy Ltd last traded at ₹12.08, down 4.96% on the day.
- Financial performance
- The company's business has not generated any revenue or profit in the latest financial year or quarter. Annual net profit fell to a ₹1 crore loss, widening from a ₹0 crore loss in the previous year. The latest quarter showed no improvement, with a ₹0 crore loss, matching the same quarter a year earlier.
- Valuation multiples
- The stock trades at 402.7 times earnings, 0.84 times book value.
- Things to watch
- The company reported a net loss of ₹1 crore in its latest financial year, widening from a ₹0 crore loss in the previous year. The latest quarter also showed no profit, with a ₹0 crore loss, matching the same quarter a year earlier. The company's return on equity and return on capital employed are both negative, indicating poor profitability.
- Where it stands
- The company remains unprofitable, with a net loss of ₹1 crore in the latest financial year. The latest quarter showed no improvement, with a ₹0 crore loss. The company's return on equity and return on capital employed are both negative, indicating poor profitability.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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