Total Returns (Price + Dividend) 
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-9.1%
0%
-9.1%
1 Year
-34.77%
0%
-34.77%
2 Years
10.91%
0%
10.91%
3 Years
-17.33%
0%
-17.33%
4 Years
1.83%
0%
1.83%
5 Years
96.47%
0%
96.47%
IND Renewable for the last several years.
Risk Adjusted Returns v/s Sensex 
Returns Beta
Beta has not been calculated since enough price history is not available
Quality key factors 
Factor
Value
Sales Growth (5y)
0.00%
EBIT Growth (5y)
0.00%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-17.19%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
28
Price to Book Value
0.59
EV to EBIT
-15.82
EV to EBITDA
-15.82
EV to Capital Employed
0.60
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-1.40%
ROE (Latest)
0.19%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Shareholding Snapshot : Dec 2024
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Anupam N Gupta (0.07%)
Highest Public shareholder
Lavanya Boddu (3.06%)
Individual Investors Holdings
88.38%
Quarterly Results Snapshot (Standalone) - Dec'24 - YoY
Dec'24
Dec'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.02
-0.02
Interest
0.01
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.02
0.35
-105.71%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales
YoY Growth in quarter ended Dec 2024 is 0.00% vs 0.00% in Dec 2023
Standalone Net Profit
YoY Growth in quarter ended Dec 2024 is -105.71% vs 3,600.00% in Dec 2023
Half Yearly Results Snapshot (Standalone) - Sep'24
Sep'24
Sep'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.06
-0.04
-50.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.06
-0.04
-50.00%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales
Growth in half year ended Sep 2024 is 0.00% vs 0.00% in Sep 2023
Standalone Net Profit
Growth in half year ended Sep 2024 is -50.00% vs -100.00% in Sep 2023
Nine Monthly Results Snapshot (Standalone) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.08
-0.06
-33.33%
Interest
0.01
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.08
0.31
-125.81%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales
YoY Growth in nine months ended Dec 2024 is 0.00% vs 0.00% in Dec 2023
Standalone Net Profit
YoY Growth in nine months ended Dec 2024 is -125.81% vs 1,133.33% in Dec 2023
Annual Results Snapshot (Standalone) - Mar'24
Mar'24
Mar'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.37
-0.06
-516.67%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.05
0.00
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales
YoY Growth in year ended Mar 2024 is 0.00% vs 0.00% in Mar 2023
Standalone Net Profit
YoY Growth in year ended Mar 2024 is 0.00% vs 100.00% in Mar 2023
About IND Renewable Energy Ltd 
IND Renewable Energy Ltd
Micro Cap
Miscellaneous
IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited), was incorporated on September 9, 2011 as wholly owned subsidiary of Everlon Synthetics Limited. The Company changed its name from 'Vakharia Power Infrastructure Limited' to 'IND Renewable Energy Limited' on March 9, 2016. The Company is engaged primarily in the business of Roof Top Solar Plant.
Company Coordinates 
Company Details
67 Regent Chambers, 208 Nariman Point Mumbai Maharashtra : 400021
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai