Indian Renewable Energy Development Agency (NSE:IREDA) Gross Margin %: 40.94% (As of Mar. 2026) — 32% Below Median


NSE:IREDA Indian Renewable Energy Development Agency Ltd NSE:IREDA
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What is Indian Renewable Energy Development Agency Gross Margin %?

Indian Renewable Energy Development Agency NSE:IREDA -0.59% 35 Gross Margin % is 40.94% as of Mar. 2026, which is 32% below its 10-year median of 59.86. GuruFocus rates NSE:IREDA with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 387 Credit Services companies, Indian Renewable Energy Development Agency ranks worse than 64.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indian Renewable Energy Development Agency's Gross Profit for the three months ended in Mar. 2026 was ₹8,806 Mil. Indian Renewable Energy Development Agency's Revenue for the three months ended in Mar. 2026 was ₹21,509 Mil. Therefore, Indian Renewable Energy Development Agency's Gross Margin % for the quarter that ended in Mar. 2026 was 40.94%.

Warning Sign:

Indian Renewable Energy Development Agency Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.9%.


The historical rank and industry rank for Indian Renewable Energy Development Agency's Gross Margin % or its related term are showing as below:

NSE:IREDA' s Gross Margin % Range Over the Past 10 Years
Min: 36.71   Med: 59.86   Max: 72.9
Current: 39.19


During the past 6 years, the highest Gross Margin % of Indian Renewable Energy Development Agency was 72.90%. The lowest was 36.71%. And the median was 59.86%.

NSE:IREDA's Gross Margin % is ranked worse than
64.6% of 387 companies
in the Credit Services industry
Industry Median: 51.88 vs NSE:IREDA: 39.19

Indian Renewable Energy Development Agency had a gross margin of 40.94% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indian Renewable Energy Development Agency was -13.90% per year.


Indian Renewable Energy Development Agency  (NSE:IREDA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Indian Renewable Energy Development Agency had a gross margin of 40.94% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Indian Renewable Energy Development Agency Gross Margin % Related Terms


Indian Renewable Energy Development Agency Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indian Renewable Energy Development Agency's Gross Margin % 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 Gross Margin % Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 72.90 62.84 56.88 36.71 39.19

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 40.49 35.59 39.35 40.53 40.94

NSE:IREDA vs V, MA, AXP: Gross Margin % Comparison

For the Credit Services subindustry, Indian Renewable Energy Development Agency's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's Gross Margin % falls into.


NSE:IREDA
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Indian Renewable Energy Development Agency Ltd NSE:IREDA
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Indian Renewable Energy Development Agency Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Indian Renewable Energy Development Agency's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=32290.6 / 82392.9
=(Revenue - Cost of Goods Sold) / Revenue
=(82392.9 - 50102.3) / 82392.9
=39.19 %

Indian Renewable Energy Development Agency's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=8806.3 / 21508.5
=(Revenue - Cost of Goods Sold) / Revenue
=(21508.5 - 12702.2) / 21508.5
=40.94 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 40.94% mean?
Indian Renewable Energy Development Agency (NSE:IREDA) has a Gross Margin % of 40.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indian Renewable Energy Development Agency and its competitors. This is 32% below median its historical median of 59.86. Over the past decade, Indian Renewable Energy Development Agency's Gross Margin % has ranged from 36.71 to 72.90. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #250 out of 387 companies in the Credit Services industry, placing it in the top 64.6%.
Is Indian Renewable Energy Development Agency's Gross Margin % too high?
Indian Renewable Energy Development Agency's current Gross Margin % of 40.94% is 32% below median its 10-year median of 59.86. Over the past 10 years, this metric has ranged from a low of 36.71 to a high of 72.90. The Credit Services industry median Gross Margin % is 51.88. Indian Renewable Energy Development Agency's value of 40.94% is 21.1% below this industry median. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #250 out of 387 companies in the Credit Services industry, which is below the industry midpoint. 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 Gross Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #250 out of 387 companies for Gross Margin %. This places Indian Renewable Energy Development Agency in the lower half of its industry. The industry median Gross Margin % is 51.88. Indian Renewable Energy Development Agency's value of 40.94% is 21.1% below this benchmark. Historically, Indian Renewable Energy Development Agency's own Gross Margin % has ranged from 36.71 to 72.90 over the past decade. While the company's 10-year median is 59.86 vs. the industry median of 51.88, Indian Renewable Energy Development Agency has consistently been below 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 Gross Margin % for a Credit Services company?
The median Gross Margin % among Credit Services companies is 51.88, based on 387 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Renewable Energy Development Agency's current Gross Margin % of 40.94% is 21.1% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Indian Renewable Energy Development Agency and its competitors. For the Credit Services industry, the median Gross Margin % is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency's current Gross Margin % is 40.94%, which is 32% below median its own 10-year median of 59.86. 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 Gross Margin % of 40.94%. The current Gross Margin % is 40.94%, which is 32% below median its 10-year median of 59.86 and 21.1% below the Credit Services industry median of 51.88. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Indian Renewable Energy Development Agency (NSE:IREDA), the current Gross Margin % is 40.94% 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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