Indian Renewable Energy Development Agency Ltd. · NSE:IREDA
Indian Renewable Energy Development Agency — Q1 FY2025-26 Earnings Presentation
55 slides from Indian Renewable Energy Development Agency's earnings presentation, Jul 19, 2025
Slide 1: Exchange cover letter for analyst meet presentation
Ref No: CACS/Sectt./efile 8713 Date: July 19 , 2025 नेशनल स्टॉक एक्सचेंज ऑफ इंिडया िलिमटेड, बीएसई िलिमटेड, एक्सचेंज प्लाजा, सी/1,जी ब्लॉक, पहली मंिजल, िफरोज जीजीभॉय टावसर्, दलाल स्ट्रीट, बांद्रा कुलार् कॉम्प्लेक्स, बांद्रा (ई),मबुं ई -400051 काला घोड़ा, फोटर्, मबुं ई - 400001 National Stock Exchange
Slide 2: Management Presentation 21st July 2025
Management Presentation 21st July 2025
Slide 3: Table of contents
Company at a glance RE Financing Environment Financial Highlights Table of contents Operational Performance Asset Quality Shareholding Pattern 2
Slide 4: Company at a glance
Company at a glance 3
Slide 5: Introduction
Introduction India’s largest Strategic role in GoI’s Committed to implementing Performance pure-play green initiatives for promotion & high standards of Track Record financing NBFC development of RE sector Corporate Governance • Over 38 years of experience • 71.76% owned by Government • Highest Dome
Slide 6: Journey and key milestones
2024 Journey and 2023 • GOI Upgrades IREDA to key milestones ‘Schedule A’ CPSE The Reserve Bank of • Remarkable stock India has granted market debut. Infrastructure Finance Company status 2025 • Granted Navratna Award to CMD, IREDA Status by DPE • Launched its first-ever 1987 • Certificate of issue
Slide 7: Presence across renewable energy sectors with comprehensive suite of financial products
Products offered from Traditional Emerging conceptualization to RE technologies technologies commissioning Solar Battery Storage System Project Term Loans Electric Vehicle & Hydro Refinancing of loans Charging Infra Guarantee assistance scheme Green Hydrogen & to RE suppliers, developers, Transmissi
Slide 8: India RE financing landscape
India RE financing landscape 7
Slide 9: India RE financing environment | Trends & growth drivers
India RE financing environment |Trends & growth drivers India RE installed capacity in GW1 RE Capacity in GW 220 227 12 12 191 11 53 172 53 Outlook for India’s RE 157 11 52 sector is positive, with major 142 11 134 11 52 51 policy announcements & 10 50 52 ambitious targets 51 46 50 43 Solar PV … Ind
Slide 10: Financial Highlights Standalone
Financial Highlights Standalone 9
Slide 11: Summary Highlights | Quarter ended 30.06.25
Summary Highlights | Quarter ended 30.06.25 Rs in crores For Quarter ended Year ended Q1 FY25-26 VS Mar 31, 2025 Q1 FY24-25 Jun 30, 2025 Mar 31, 2025 Jun 30, 2024 Revenue from operations 1,947 1,904 1,510 6,742 29% Interest Expense 1,218 1,104 975 4,141 25% Operating Profit 677 770 454 2,380 49% Pro
Slide 12: Summary Highlights | Key financial ratios
Summary Highlights | Key financial ratios Rs in crores Key Financial Ratios As at 30.06.2025 As at 30.06.2024 As at 31.03.2025 Yield on Loan Assets (%) (Gross) 9.95% 10.01% 10.03% Cost of borrowings (%)* 7.40% 7.78% 7.61% Interest Spread (%) 2.55% 2.23% 2.42% Net Interest Margin (%) (Annualised) 3.6
Slide 13: Financial Information | Quarter ended 30.06.2025
Financial Information | Quarter ended 30.06.2025 Rs in crores For Quarter Ended Year ended Q1 FY25-26 VS Particulars Jun 30, 2025 Mar 31, 2025 Jun 30, 2024 Mar 31, 2025 Q1 FY25-26 Revenue from operations 1,947 1,904 1,510 6,742 29% Other Income1 12 11 0 12 Total Income 1,960 1,915 1,511 6,755 30% Fi
Slide 14: Balance Sheet
Balance Sheet Rs in crores As at As at As at As at As at As at Balance Sheet - Liabilities Balance Sheet - Assets 30.06.25 30.06.24 31.03.25 30.06.25 30.06.24 31.03.25 Equity Financial Assets (a) Equity Share Capital 2,809 2,688 2,688 (a1) Cash and Bank 261 255 30 (b) Other Equity 9,593 6,422 7,578
Slide 15: Financial Highlights Consolidated
Financial Highlights Consolidated 14
Slide 16: Summary Highlights | Consolidated
Summary Highlights | Consolidated June 30, 2025 Mar 31, 2025 Revenue from operations 1,948 6,743 Profit Before Tax 305 2,104 Profit after Tax 247 1,698 15
Slide 17: Operational Performance
Operational Performance 16
Slide 18: Lending profile | Composition of Outstanding Loans
Lending profile | Composition of Outstanding Loans Jun 30, Jun 30, % As on 30th As on 30th As on 31st Rs in crores Sector 2025 2024 Growth June 2025 June 2024 March 2025 Sanction 11,740 9,136 29% Public 22,163 28% 15,469 24% 20,872 27% Private 57,779 72% 47,738 76% 55,410 73% Disbursement 6,980 5,32
Slide 19: Lending profile | Well diversified assets with PAN India presence
Lending profile | Well diversified assets with a PAN India Presence with lending across 23 states and 4 UTs Himachal Pradesh Uttarakhand 2469 3.09% 1500 1.88% Punjab Uttar Pradesh 553 0.69% 1127 1.41% Rajasthan Sikkim 12,454 15.60% 1848 2.31% States with more than 5% Madhya Pradesh Odisha share in G
Slide 20: Borrowing profile | AAA Stable credit ratings
Borrowing profile | “AAA” Stable credit ratings have enabled access to cost-effective long-term sources of borrowing Domestic Credit Ratings for Long Term Borrowings International Credit Rating ‘BBB-’ Long- “AAA” Stable “AAA” Stable “AAA” Stable “AAA” Stable Term Stable ‘A-3’ Short- Term Stable 19
Slide 21: Borrowing profile | Outstanding borrowings as on 30th June 2025
Borrowing profile | Rs.66,398 cr. Outstanding Borrowings as on 30th June 2025 Rs. 5,903 Cr. Borrowings Raised during Q1 FY 25-26 Rs in crores Domestic Borrowings 56,213 56,318 Borrowings Outstanding % As on 30.06.2025 As on 30.06.2024 As on 31.03.2025 44,434 24,962 44% 24,920 44% 56,318 44,434 56,21
Slide 22: Govt grants Section 54EC Tax Benefit status to IREDA bonds
Govt grants Section 54EC Tax Benefit status to IREDA bonds IREDA enters the elite list of PSUs for issuing 54 EC bonds Benefits to IREDA Benefits to Investors CBDT has notified bonds redeemable after five years and issued by the • IREDA can now issue bonds at a • Investors can benefit from the IREDA
Slide 23: Asset Quality
Asset Quality 22
Slide 24: Asset Quality
Asset Quality Gross NPA (Rs in Crores) Net NPA (Rs in Crores) 3,302 1,615 783* 311* 1,035 1,021 1,866 2,519 1,304 1,768 1,513 768 1,411 1,385 5.21% 581 592.76 4.13% 3.21% 3.12% 0.99% 0.95% 2.36% 2.19% 2.45% 2.06% 1.66% 1.35% FY 21-22 FY 22-23 FY 23-24 Q1 FY24-25 FY24-25 Q1 FY25-26 FY 21-22 FY 22-23
Slide 25: Shareholding Pattern
Shareholding Pattern 24
Slide 26: Shareholding Pattern
Shareholding Pattern % of % of SHAREHOLDER'S as on 30th Jun, 2025 SHAREHOLDER'S as on 31st Mar, 2025 Holding Holding President Of India Through Secretary MNRE 71.76% President Of India (GoI) Through Secretary MNRE 75.00% Resident Individuals 21.32% Resident Individuals 21.44% Life Insurance Corporat
Slide 27: Shareholding Pattern
Shareholding Pattern % Of Holding Category Of Shareholder As at 30.06.2025 Shareholder Category As at As at As at As at 30.06.2025 31.03.2025 30.06.2024 31.03.2024 President of India (GOI) 71.76% 75.00% 75.00% 75.00% 21.32% Resident Individuals 21.32% 21.44% 20.39% 21.33% 2.33% Insurance Companies 2
Slide 28: Investor Resources
Investor Resources Annual Report https://www.ireda.in/annual-reports Financial Results https://www.ireda.in/financial-results Join us: @ireda.in Investor Grievance https://www.ireda.in/investor-grievance-officer www.ireda.in Contact Us https://www.ireda.in/contact Thank You 27
Slide 29: Management Presentation 21st July 2025
Management Presentation 21st July 2025
Slide 30: Table of contents
Company at a glance RE Financing Environment Financial Highlights Table of contents Operational Performance Asset Quality Shareholding Pattern 2
Slide 31: Company at a glance
Company at a glance 3
Slide 32: Introduction
Introduction India’s largest Strategic role in GoI’s Committed to implementing Performance pure-play green initiatives for promotion & high standards of Track Record financing NBFC development of RE sector Corporate Governance • Over 38 years of experience • 71.76% owned by Government • Highest Dome
Slide 33: Journey and key milestones
2024 Journey and 2023 • GOI Upgrades IREDA to key milestones ‘Schedule A’ CPSE The Reserve Bank of • Remarkable stock India has granted market debut. Infrastructure Finance Company status 2025 • Granted Navratna Award to CMD, IREDA Status by DPE • Launched its first-ever 1987 • Certificate of issue
Slide 34: Presence across renewable energy sectors with comprehensive suite of financial products
Products offered from Traditional Emerging conceptualization to RE technologies technologies commissioning Solar Battery Storage System Project Term Loans Electric Vehicle & Hydro Refinancing of loans Charging Infra Guarantee assistance scheme Green Hydrogen & to RE suppliers, developers, Transmissi
Slide 35: India RE financing landscape
India RE financing landscape 7
Slide 36: India RE financing environment | Trends & growth drivers
India RE financing environment |Trends & growth drivers India RE installed capacity in GW1 RE Capacity in GW 220 227 12 12 191 11 53 172 53 Outlook for India’s RE 157 11 52 sector is positive, with major 142 11 134 11 52 51 policy announcements & 10 50 52 ambitious targets 51 46 50 43 Solar PV … Ind
Slide 37: Financial Highlights Standalone
Financial Highlights Standalone 9
Slide 38: Summary Highlights | Quarter ended 30.06.25
Summary Highlights | Quarter ended 30.06.25 Rs in crores For Quarter ended Year ended Q1 FY25-26 VS Mar 31, 2025 Q1 FY24-25 Jun 30, 2025 Mar 31, 2025 Jun 30, 2024 Revenue from operations 1,947 1,904 1,510 6,742 29% Interest Expense 1,218 1,104 975 4,141 25% Operating Profit 677 770 454 2,380 49% Pro
Slide 39: Summary Highlights | Key financial ratios
Summary Highlights | Key financial ratios Rs in crores Key Financial Ratios As at 30.06.2025 As at 30.06.2024 As at 31.03.2025 Yield on Loan Assets (%) (Gross) 9.95% 10.01% 10.03% Cost of borrowings (%)* 7.40% 7.78% 7.61% Interest Spread (%) 2.55% 2.23% 2.42% Net Interest Margin (%) (Annualised) 3.6
Slide 40: Financial Information | Quarter ended 30.06.2025
Financial Information | Quarter ended 30.06.2025 Rs in crores For Quarter Ended Year ended Q1 FY25-26 VS Particulars Jun 30, 2025 Mar 31, 2025 Jun 30, 2024 Mar 31, 2025 Q1 FY25-26 Revenue from operations 1,947 1,904 1,510 6,742 29% Other Income1 12 11 0 12 Total Income 1,960 1,915 1,511 6,755 30% Fi
Slide 41: Balance Sheet
Balance Sheet Rs in crores As at As at As at As at As at As at Balance Sheet - Liabilities Balance Sheet - Assets 30.06.25 30.06.24 31.03.25 30.06.25 30.06.24 31.03.25 Equity Financial Assets (a) Equity Share Capital 2,809 2,688 2,688 (a1) Cash and Bank 261 255 30 (b) Other Equity 9,593 6,422 7,578
Slide 42: Financial Highlights Consolidated
Financial Highlights Consolidated 14
Slide 43: Summary Highlights | Consolidated
Summary Highlights | Consolidated June 30, 2025 Mar 31, 2025 Revenue from operations 1,948 6,743 Profit Before Tax 305 2,104 Profit after Tax 247 1,698 15
Slide 44: Operational Performance
Operational Performance 16
Slide 45: Lending profile | Composition of Outstanding Loans
Lending profile | Composition of Outstanding Loans Jun 30, Jun 30, % As on 30th As on 30th As on 31st Rs in crores Sector 2025 2024 Growth June 2025 June 2024 March 2025 Sanction 11,740 9,136 29% Public 22,163 28% 15,469 24% 20,872 27% Private 57,779 72% 47,738 76% 55,410 73% Disbursement 6,980 5,32
Slide 46: Lending profile | Well diversified assets with PAN India presence
Lending profile | Well diversified assets with a PAN India Presence with lending across 23 states and 4 UTs Himachal Pradesh Uttarakhand 2469 3.09% 1500 1.88% Punjab Uttar Pradesh 553 0.69% 1127 1.41% Rajasthan Sikkim 12,454 15.60% 1848 2.31% States with more than 5% Madhya Pradesh Odisha share in G
Slide 47: Borrowing profile | AAA Stable credit ratings
Borrowing profile | “AAA” Stable credit ratings have enabled access to cost-effective long-term sources of borrowing Domestic Credit Ratings for Long Term Borrowings International Credit Rating ‘BBB-’ Long- “AAA” Stable “AAA” Stable “AAA” Stable “AAA” Stable Term Stable ‘A-3’ Short- Term Stable 19
Slide 48: Borrowing profile | Outstanding borrowings as on 30th June 2025
Borrowing profile | Rs.66,398 cr. Outstanding Borrowings as on 30th June 2025 Rs. 5,903 Cr. Borrowings Raised during Q1 FY 25-26 Rs in crores Domestic Borrowings 56,213 56,318 Borrowings Outstanding % As on 30.06.2025 As on 30.06.2024 As on 31.03.2025 44,434 24,962 44% 24,920 44% 56,318 44,434 56,21
Slide 49: Govt grants Section 54EC Tax Benefit status to IREDA bonds
Govt grants Section 54EC Tax Benefit status to IREDA bonds IREDA enters the elite list of PSUs for issuing 54 EC bonds Benefits to IREDA Benefits to Investors CBDT has notified bonds redeemable after five years and issued by the • IREDA can now issue bonds at a • Investors can benefit from the IREDA
Slide 50: Asset Quality
Asset Quality 22
Slide 51: Asset Quality
Asset Quality Gross NPA (Rs in Crores) Net NPA (Rs in Crores) 3,302 1,615 783* 311* 1,035 1,021 1,866 2,519 1,304 1,768 1,513 768 1,411 1,385 5.21% 581 592.76 4.13% 3.21% 3.12% 0.99% 0.95% 2.36% 2.19% 2.45% 2.06% 1.66% 1.35% FY 21-22 FY 22-23 FY 23-24 Q1 FY24-25 FY24-25 Q1 FY25-26 FY 21-22 FY 22-23
Slide 52: Shareholding Pattern
Shareholding Pattern 24
Slide 53: Shareholding Pattern
Shareholding Pattern % of % of SHAREHOLDER'S as on 30th Jun, 2025 SHAREHOLDER'S as on 31st Mar, 2025 Holding Holding President Of India Through Secretary MNRE 71.76% President Of India (GoI) Through Secretary MNRE 75.00% Resident Individuals 21.32% Resident Individuals 21.44% Life Insurance Corporat
Slide 54: Shareholding Pattern
Shareholding Pattern % Of Holding Category Of Shareholder As at 30.06.2025 Shareholder Category As at As at As at As at 30.06.2025 31.03.2025 30.06.2024 31.03.2024 President of India (GOI) 71.76% 75.00% 75.00% 75.00% 21.32% Resident Individuals 21.32% 21.44% 20.39% 21.33% 2.33% Insurance Companies 2
Slide 55: Investor Resources
Investor Resources Annual Report https://www.ireda.in/annual-reports Financial Results https://www.ireda.in/financial-results Join us: @ireda.in Investor Grievance https://www.ireda.in/investor-grievance-officer www.ireda.in Contact Us https://www.ireda.in/contact Thank You 27
Indian Renewable Energy Development Agency — Q1 FY2025-26 Earnings Presentation on 6ix