Indian Renewable Energy Development Agency (NSE:IREDA) EBIT: ₹30,984 Mil (TTM As of Mar. 2026)


NSE:IREDA Indian Renewable Energy Development Agency Ltd NSE:IREDA
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What is Indian Renewable Energy Development Agency EBIT?

Indian Renewable Energy Development Agency NSE:IREDA -0.04% 35 EBIT is ₹30,984 Mil as of Mar. 2026. GuruFocus rates NSE:IREDA with a GF Score™ of 35/100. The stock has 7 warning signs investors should review.

Indian Renewable Energy Development Agency's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹8,481 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹30,984 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indian Renewable Energy Development Agency's annualized ROC % for the quarter that ended in Mar. 2026 was 2.90%. Indian Renewable Energy Development Agency's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 793.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indian Renewable Energy Development Agency's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.83%.


Indian Renewable Energy Development Agency  (NSE:IREDA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Indian Renewable Energy Development Agency's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=33922.4 * ( 1 - 20.43% )/( (0 + 930531.6)/ 1 )
=26992.05368/930531.6
=2.90 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Indian Renewable Energy Development Agency's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=33922.4/( ( (0 + max(0, 0)) + (3160.1 + max(1115.6999999999, 0)) )/ 1 )
=33922.4/( ( 0 + 4275.7999999999 )/ 1 )
=33922.4/4275.7999999999
=793.36 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.5 + 0 + 1129.2999999999) - (45.1 + 0 + 0)
=1115.6999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Indian Renewable Energy Development Agency's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=30983.7/1096557.887
=2.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Indian Renewable Energy Development Agency EBIT Related Terms


Indian Renewable Energy Development Agency EBIT Historical Data

* Premium members only.

The historical data trend for Indian Renewable Energy Development Agency's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indian Renewable Energy Development Agency EBIT Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 17,147.88 20,371.21 28,209.70 23,568.80 30,983.80

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,446.00 6,619.90 7,718.70 8,164.50 8,480.60

NSE:IREDA vs V, MA, AXP: EBIT Comparison

For the Credit Services subindustry, Indian Renewable Energy Development Agency's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indian Renewable Energy Development Agency EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's EV-to-EBIT falls into.


NSE:IREDA
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Indian Renewable Energy Development Agency Ltd NSE:IREDA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Renewable Energy Development Agency EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹30,984 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹30,984 Mil mean?
Indian Renewable Energy Development Agency (NSE:IREDA) has a EBIT of ₹30,984 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indian Renewable Energy Development Agency.
Is Indian Renewable Energy Development Agency's EBIT too high?
Indian Renewable Energy Development Agency's current EBIT is ₹30,984 Mil. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's EBIT compare to V and MA?
Indian Renewable Energy Development Agency's EBIT of ₹30,984 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Credit Services company?
A good EBIT depends on the Credit Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indian Renewable Energy Development Agency. Indian Renewable Energy Development Agency's current EBIT is ₹30,984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Renewable Energy Development Agency stock overvalued right now?
Indian Renewable Energy Development Agency (NSE:IREDA) has a current EBIT of ₹30,984 Mil. The current EBIT is ₹30,984 Mil. Indian Renewable Energy Development Agency's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Indian Renewable Energy Development Agency (NSE:IREDA), the current EBIT is ₹30,984 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indian Renewable Energy Development Agency Business Description

Other Exchanges 544026:India
Address August Kranti Bhawan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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