Overview
IND Renewable Energy Limited focuses on the rooftop solar plant sector, having transitioned from its former identity as Vakharia Power Infrastructure Limited.
Established in 2011, the company was initially a wholly owned subsidiary of Everlon Synthetics Limited and underwent a transformational demerger in the early 2010s.
The company commissioned a 100 KW rooftop solar plant in Mumbai during 2016-17, signifying its active role in renewable energy initiatives.
A notable strength of the company is its robust funding diversity, reducing costs and ensuring liquidity, thereby reinforcing its financial stability and operational efficiency.
Despite its core focus on solar energy, the company's strategic asset management from its investment business adds to its financial resilience.
- Sector
Power
- Industry
Power Generation
- Market Cap
16 Cr
- Volatility
Low Risk
- P/E Ratio
-86.2
- Industry P/E
22.3
- PEG Ratio
—
- P/B Ratio
0.6
- 52W High
16.70
- 52W Low
9.80
Financial Ratios
Sales CAGR
- 1Y
- —
- 3Y
- —
- 5Y
- —
- 10Y
- —
Profit CAGR
- 1Y
- —
- 3Y
- —
- 5Y
- -30.50%
- 10Y
- 1.59%
ROE
- TTM
- -0.31%
- 3Y
- -0.13%
- 5Y
- -1.07%
- 10Y
- 0.70%
ROCE
- TTM
- -0.24%
- 3Y
- -0.41%
- 5Y
- -1.19%
- 10Y
- 1.09%
Technicals
Oscillators
Neutral
Bearish
4
Neutral
7
Bullish
3
Overall
Bearish
Bearish
27
Neutral
7
Bullish
12
Moving Averages
Bearish
Bearish
23
Neutral
0
Bullish
9
Actions
AI Mode
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Ask AI
