Indian Renewable Energy Development Agency Ltd. share price target

The company has geographically diversified asset base with term loans outstanding across 23 states and 4 union territories across renewable segment. Q4FY26 performance: IREDA delivered mixed Q4FY26 performance, sustaining AUM growth at ~22% YoY (6% QoQ) to 93,069 crore, driven by continued disbursement momentum across renewable energy segment. NII grew 18.5% YoY (3.2% QoQ) to 897 crore, supported by balance sheet expansion and lower cost of borrowings at 7.05% (vs 7.61% in FY25). NIM improved to 3.65% (-9bps/38 bps QoQ/YoY). PAT declined 1.8% YoY to 493 crore owing to elevated provisioning of...

The company has geographically diversified asset base with term loans outstanding across 23 states and 4 union territories across renewable segment. Q3FY26 performance: IREDA delivered strong Q3FY26 performance, sustaining AUM growth at ~28% YoY (4% QoQ) to 87,975 crore, driven by healthy sanctions and robust disbursements across solar, state utilities and ethanol segment. NII grew 39.7% YoY (6.4% QoQ) to 869 crore, supported by balance sheet expansion and improvement in interest spread to 2.63%, while NIM were up 41 bps at 3.74%, aided by a ~61 bps YoY decline in CoB to 7.07%. PAT increased 37.5% YoY to 585...

The company has geographically diversified asset base with term loans outstanding across 23 states and 4 union territories Q2FY26 performance: IREDA reported strong performance on AUM momentum in Q2FY26, along with normalisation in credit cost supporting profitability. AUM stood at 84,478 crore, registering 30.8% YoY/ 5.7% QoQ growth. NIM improved to 3.72% (up ~12 bps QoQ/~40 bps YoY), supported by 16-bps sequential decline in cost of borrowings to 7.2%. PAT came in at 549 crore, up 42% YoY, driven by robust growth in AUM and higher margins. Post a surge in Q1FY26, GNPA and...

nancing, credit lines to NBFCs, top-up loans, securitised lending, loan syndication, and bid security guarantees. It also supports emerging instruments like payment-on-order financing and letters of ing sectors, including battery storage systems, green hydrogen, electric vehicle infrastructure, fuel cells, and renewable energy component manufacturing. IREDA operates under professional governance, with a balanced board comprising executive directors, independent directors, and government nominees. It has also expanded its footprint globally through a wholly owned subsidiary at the International Financial Services Centre (IFSC) in GIFT City. With over 38 years of sectoral experience, IREDA acts as the nodal and implementing agency for several MNRE-led flagship schemes, aligning closely with national renewable energy goals. Through its strategic financial support and policy align-...

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