Announced Fri, 9 Jan · 21:17 IST

Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'Investor Presentation for period ended 3112025'.

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

IREDA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IREDA, India's largest pure-play green financing NBFC and a Government-owned Navratna CPSE (71.76% GoI holding), reported strong 9M FY25-26 results with revenue from operations up 27% to ₹6,134 crore and profit after tax up 15% to ₹1,381 crore versus 9M FY24-25. Q3 FY25-26 standalone PAT rose 38% YoY to ₹585 crore on a 25% jump in revenue to ₹2,130 crore. Loan book expanded 28% YoY to ₹87,975 crore, with loan sanctions of ₹40,100 crore and disbursements of ₹24,903 crore during 9M FY25-26. Net Interest Margin improved to 3.74% from 3.33%, and interest spread widened to 2.63% from 2.28%, supported by lower cost of borrowings (7.07% vs 7.68%). However, Gross NPA rose to 3.75% (from 2.68%) and Net NPA to 1.68% (from 1.50%) YoY. S&P upgraded IREDA's international rating to 'BBB/Stable' from 'BBB-', and the company raised ₹32,397 crore in borrowings during Q3.

Likely market impact

Strong earnings growth, expanding margins, healthy loan book growth, and improved credit ratings are positive for shareholders. However, the rising NPA trend warrants monitoring as asset quality deterioration could pressure future profitability.