Indian Renewable Energy Development Agency (NSE:IREDA) EV-to-EBITDA: 32.24 (As of Aug. 30, 2026) — 35% Above Median

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NSE:IREDA Indian Renewable Energy Development Agency Ltd NSE:IREDA
54 GF Score
Price ₹117.02
GF Value ₹216.55
Valuation Possible Value Trap
! 7 Warning Signs
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What is Indian Renewable Energy Development Agency EV-to-EBITDA?

Indian Renewable Energy Development Agency NSE:IREDA -0.32% 54 EV-to-EBITDA is 32.24 as of Aug. 30, 2026, which is 35% above its 10-year median of 23.93. GuruFocus rates NSE:IREDA with a GF Score™ of 54/100 and a GF Value™ of ₹216.55 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 324 Credit Services companies, Indian Renewable Energy Development Agency ranks worse than 69.44% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Indian Renewable Energy Development Agency's enterprise value is ₹1,069,027 Mil. Indian Renewable Energy Development Agency's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹33,154 Mil. Therefore, Indian Renewable Energy Development Agency's EV-to-EBITDA for today is 32.24.

The historical rank and industry rank for Indian Renewable Energy Development Agency's EV-to-EBITDA or its related term are showing as below:

NSE:IREDA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.69   Med: 23.93   Max: 46.13
Current: 32.24

During the past 6 years, the highest EV-to-EBITDA of Indian Renewable Energy Development Agency was 46.13. The lowest was 9.69. And the median was 23.93.

NSE:IREDA's EV-to-EBITDA is ranked worse than
69.44% of 324 companies
in the Credit Services industry
Industry Median: 20.905 vs NSE:IREDA: 32.24

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-30), Indian Renewable Energy Development Agency's stock price is ₹117.02. Indian Renewable Energy Development Agency's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹7.030. Therefore, Indian Renewable Energy Development Agency's PE Ratio (TTM) for today is 16.65.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Indian Renewable Energy Development Agency  (NSE:IREDA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Indian Renewable Energy Development Agency's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=117.02/7.030
=16.65

Indian Renewable Energy Development Agency's share price for today is ₹117.02.
Indian Renewable Energy Development Agency's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7.030.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Indian Renewable Energy Development Agency EV-to-EBITDA Related Terms


Indian Renewable Energy Development Agency EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Indian Renewable Energy Development Agency's EV-to-EBITDA 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 EV-to-EBITDA Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 29.99 44.57 33.26

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 Premium Member Only 18.58 37.87 12.94 33.26 10.90

NSE:IREDA vs V, MA, AXP: EV-to-EBITDA Comparison

For the Credit Services subindustry, Indian Renewable Energy Development Agency's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Credit Services Industry

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

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


NSE:IREDA
54GF Score
Indian Renewable Energy Development Agency Ltd NSE:IREDA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Renewable Energy Development Agency EV-to-EBITDA Calculation

Indian Renewable Energy Development Agency's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1069027.420/33153.5
=32.24

Indian Renewable Energy Development Agency's current Enterprise Value is ₹1,069,027 Mil.
Indian Renewable Energy Development Agency's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹33,154 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 32.24 mean?
Indian Renewable Energy Development Agency (NSE:IREDA) has a EV-to-EBITDA of 32.24 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Indian Renewable Energy Development Agency. This is 35% above median its historical median of 23.93. Over the past decade, Indian Renewable Energy Development Agency's EV-to-EBITDA has ranged from 9.69 to 46.13. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #225 out of 324 companies in the Credit Services industry, placing it in the top 69.4%.
Is Indian Renewable Energy Development Agency's EV-to-EBITDA too high?
Indian Renewable Energy Development Agency's current EV-to-EBITDA of 32.24 is 35% above median its 10-year median of 23.93. Over the past 10 years, this metric has ranged from a low of 9.69 to a high of 46.13. The Credit Services industry median EV-to-EBITDA is 20.91. Indian Renewable Energy Development Agency's value of 32.24 is 54.2% above this industry median. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #225 out of 324 companies in the Credit Services industry, which is below the industry midpoint. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's EV-to-EBITDA compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #225 out of 324 companies for EV-to-EBITDA. This places Indian Renewable Energy Development Agency in the lower half of its industry. The industry median EV-to-EBITDA is 20.91. Indian Renewable Energy Development Agency's value of 32.24 is 54.2% above this benchmark. Historically, Indian Renewable Energy Development Agency's own EV-to-EBITDA has ranged from 9.69 to 46.13 over the past decade. While the company's 10-year median is 23.93 vs. the industry median of 20.91, Indian Renewable Energy Development Agency has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Credit Services company?
The median EV-to-EBITDA among Credit Services companies is 20.91, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Renewable Energy Development Agency's current EV-to-EBITDA of 32.24 is 54.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Indian Renewable Energy Development Agency. For the Credit Services industry, the median EV-to-EBITDA is 20.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency's current EV-to-EBITDA is 32.24, which is 35% above median its own 10-year median of 23.93. 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?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (NSE:IREDA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹216.55, compared to a current price of ₹117.02 — trading 46% below its estimated fair value. The current EV-to-EBITDA is 32.24, which is 35% above median its 10-year median of 23.93 and 54.2% above the Credit Services industry median of 20.91. Indian Renewable Energy Development Agency's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Indian Renewable Energy Development Agency (NSE:IREDA), the current EV-to-EBITDA is 32.24 as of Aug. 30, 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.

Is Indian Renewable Energy Development Agency (NSE:IREDA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued. The current stock price of ₹117.02 is trading 46% below its estimated GF Value™ of ₹216.55. GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.

Key valuation signals for NSE:IREDA:

  • EV-to-EBITDA: 32.24 (35% above median its 10-year median of 23.93)
  • GF Value™: ₹216.55 vs. price of ₹117.02 (46% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 54.2% above the Credit Services median (#225 of 324)

No single metric tells the full story. See the NSE:IREDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
54GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹117.02
Price
₹216.55
GF Value