IREDA Q1FY27 Results: Company Posts Operating Profit of ₹841 Crores; Loan Book Stands at ₹94,936 Crores
Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE and India's largest pure-play green financing NBFC, reported key financial metrics for the quarter ended June 30, 2026. The results reflect continued activity in the renewable energy sector, demonstrating robust loan portfolio growth alongside sustained asset quality management.Financial Highlights Standalone
For the quarter ending June 30, 2026 (Q1FY27), IREDA generated a Revenue from operations of ₹2,248 Crores and an Operating Profit of ₹841 Crores. The company recorded a Profit Before Tax of ₹413 Crores and Profit After Tax of ₹338 Crores.The institution maintained a Net Interest Margin (NIM) at 3.75% (Annualised). Other key financial metrics for the quarter include:
| Particulars | As on 30.06.26 | As on 31.03.26 | As on 30.06.25 |
|---|---|---|---|
| Yield on Loan Assets (Gross) (%) | 9.46% | 9.54% | 9.95% |
| Cost of Borrowings (%) | 7.12% | 7.05% | 7.40% |
| Net Interest Margin (Annualised) (%) | 3.75% | 3.65% | 3.60% |
| Debt Equity Ratio | 5.59 | 5.65 | 5.35 |
| CRAR (%) | 20.30% | 20.59% | 19.58% |
Lending Portfolio Performance
IREDA’s outstanding loan book stood at ₹94,936 Crores as of June 30, 2026. The company reported total Sanctions of ₹3,380 Crores and Disbursements of ₹6,556 Crores during the quarter.The lending portfolio remains highly diversified across various segments within the renewable energy space. Key segment exposures as on June 30, 2026, are detailed below:
| Sector | Exposure (₹ in Crores) | Percentage Share (%) |
|---|---|---|
| Private | 72,756 | 77% |
| Public | 22,180 | 23% |
| Solar Energy | 24,483 | 26% |
| Loan facility to state utilities | 18,416 | 19% |
| Wind Power | 10,764 | 11% |
| Manufacturing | 10,756 | 11% |
Borrowing Structure and Asset Quality
The total outstanding borrowings as of June 30, 2026, were ₹79,002 Crores. These borrowings comprise domestic and foreign sources, with domestic debt making up 86% of the total amount. Domestic borrowings consist of Bonds (₹33,179 Cr) and Loans from Bank/FII / CC Limit & others (₹34,494 Cr). Foreign borrowings totaled ₹11,329 Crores, with 83% of these amounts being hedged.Asset quality metrics show continued strength, although Gross NPA stood at ₹3,568 Crores, reflecting a Gross NPA percentage of 3.76%. The Net NPA stands at ₹1,134 Crores, equating to 1.23%.
The movement of Non-Performing Assets (NPA) highlights that the Closing balance for Gross NPAs was ₹3,568 Crores after additions during the period. Similarly, the company maintained a strong provision coverage ratio of 68.22%.
Shareholding and ESG Commitments
As on June 30, 2026, the President of India through Secretary MNRE holds 71.76% of IREDA’s equity. Resident Individuals hold 21.98%, while Life Insurance Corporation Of India accounts for 2.21% of the holding.IREDA is committed to sustainable development and has adopted a comprehensive ESG Policy since March 25, 2026. The institution practices E&S screening for all projects, ensuring minimal adverse environmental and social impacts.
IREDA Stock Price Movement
Today, Indian Renewable Energy Development Agency Limited (IREDA) saw its shares gain by 2.85%, successfully closing at ₹123.00. The stock maintained strong activity throughout the day, trading within an intraday range of ₹120.19 to ₹123.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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