Indian Renewable Energy Development Agency Limited (NSE:IREDA)
India flag India · Delayed Price · Currency is INR
119.85
-0.35 (-0.29%)
Nov 12, 2026, 3:29 PM IST

NSE:IREDA Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, NSE:IREDA stock has a consensus rating of "Buy" and an average price target of ₹135.00. The average 1-year stock price forecast is 12.64% higher than the current stock price, while the lowest is ₹120.00 (+0.13%) and the highest is ₹150.00 (+25.16%).

Price Target: ₹135.00 (+12.64%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹120.00₹135.00₹135.00₹150.00
Change+0.13%+12.64%+12.64%+25.16%

Analyst Ratings

The average analyst rating for NSE:IREDA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Oct '26
Strong Buy001111
Buy000000
Hold111111
Sell000000
Strong Sell000000
Total112222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ICICI Securities
ICICI Securities
Buy
Maintains
₹150.00 → ₹120.00
BuyMaintains₹150.00 → ₹120.00+0.13%Oct 21, 2026

Financial Forecast

Revenue This Year
40.00B
from 27.15B
Increased by 47.31%
Revenue Next Year
45.19B
from 40.00B
Increased by 12.98%
EPS This Year
7.80
from 6.73
Increased by 15.90%
EPS Next Year
9.50
from 7.80
Increased by 21.79%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.07B13.28B18.05B24.17B27.15B40.00B
Revenue Growth
32.85%19.97%35.90%33.90%12.36%47.31%
Operating Income
8.80B11.63B16.69B21.35B23.57B35.90B
EPS
----6.737.80
EPS Growth
----6.49%15.90%
Forward PE
--27.5924.2913.6215.37
Dividend / Share
----1.351.80
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High40.0B
Avg40.0B
Low40.0B

Revenue Growth

Revenue Growth202720282029
High
47.3%
Avg
47.3%
Low
47.3%

EPS Forecast

EPS202720282029
High7.80
Avg7.80
Low7.80

EPS Growth

EPS Growth202720282029
High
15.9%
Avg
15.9%
Low
15.9%