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Earnings Call

Indian Renewable Energy Development Agency Earnings Call: Key Takeaways

IREDA (Navratna CPSE) reported solid FY26 performance with total income of ₹8,337 Cr, driven by record loan sanctions of ₹51,883 Cr and 22% growth in the outstanding loan book to ₹93,069 Cr.

Why this was an Alfa AlertNot a filter event. Financial results are robust but no specific management guidance comparison was provided to confirm a >10% beat.
Highlights
Revenue growth23% YoY for FY26.
MarginsNIM at 3.65% for FY26 vs 3.27% in FY25.
Order bookSanctions of ₹51,883 Cr in FY26, up 9% YoY.
Demand visibilityHigh, anchored by India's 2030 500GW non-fossil fuel target.
Management confidenceStrong, highlighted by 'Excellent' MOU rating and 'AAA' domestic status.

Growth

FY26 Revenue up 23% YoY to ₹8,309 Cr; Net Profit grew 10% YoY to ₹1,873 Cr.

Outlook

Targets 500 GW non-fossil capacity by 2030; expanding into emerging technologies like Green Hydrogen and BESS.

Risks

Gross NPA increased to 3.49% from 2.45% YoY; high concentration in Rajasthan (16.45%) and Telangana (12.11%).

Source

Earnings Call filed with BSE, NSE: IREDA. Summary written with AI assistance from the document.

Read the document ↗

Indian Renewable Energy Development Agency Ltd: key numbers

Share price
₹113.22
Market cap
₹31,806 Cr
Revenue (annual)
₹8,310 Cr
Net profit (annual)
₹1,874 Cr
P/E (TTM)
16.2×Sector 22.0×
Promoter holding
71.76%+0.00% QoQ
FII holding
2.48%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Indian Renewable Energy Development Agency Other Announcement

IREDA has appointed M/s Shiv & Associates and M/s MAPSS & Co. as Joint Statutory Auditors for the financial year 2026-27, as per C&AG notification.

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Value
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Annual General Meeting

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15:23 IST BSE
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