Indian Renewable Energy Development Agency Ltd Share Price – NSE /  BSE

Finance, Small Cap

As on 31st March 2026, loan sanctioned rose 9% YoY to Rs 51,883 crore and loan disbursements climbed 16% YoY to Rs 34,946 crore.

Meanwhile, the company?s wholly owned subsidiary, IREDA Global Green Energy Finance IFSC (IGGEFIL) received international credit ratings from CareEdge Global Ratings. IGGEFIL has been assigned a Long-Term Foreign Currency Issuer Rating of ?BBB+/Stable?, which is at par with India?s sovereign rating.

Seperately, the company has signed a facility agreement for raising External Commercial Borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) for JPY 28 billion, including a green shoe option of JPY 12 billion.

IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation.

The company ?s consolidated net profit rallied 15.42% to Rs 1,381.36 crore on 26.80% increase in total revenue from operations to Rs 6,135.08 crore in Q3 FY26 over Q3 FY25.

Indian Renewable Energy Development Agency has fixed 02 April 2026 as record date for payment of interim dividend of Rs 0.60 per equity share of face value of Rs 10 each for FY 2026.

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Indian Renewable Energy Deve. Agency announced that the Board of Directors of the Company at its meeting held on 25 March 2026, inter alia, have recommended the interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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The company will borrow funds depending on market conditions and its funding requirements, through taxable bonds, green taxable bonds, sub-ordinated Tier-II Bonds, perpetual debt instruments (PDI) masala bonds, foreign currency bonds , foreign currency bonds, term loan from Banks and financial institutions, and external commercial borrowings.

The company may also raise funds though through lines of credit from international agencies, public and private placement of bonds, short-term loans, working capital demand loans and other debt securities.

Meanwhile, the board also approved an increase in the borrowing limit for FY 2025-26 from up to Rs 30,800 crore to up to Rs 35,800 crore, through instruments such as taxable bonds, Tier-II bonds, perpetual debt instruments, bank loans, external commercial borrowings and credit lines from multilateral and bilateral agencies.

Further, the company said its board is scheduled to meet on 25 March 2026 to consider a proposal for the declaration of an interim dividend for FY 2025?26.

IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation.

The company ?s consolidated net profit rallied 15.42% to Rs 1,381.36 crore on 26.80% increase in total revenue from operations to Rs 6,135.08 crore in Q3 FY26 over Q3 FY25.

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