Indian Renewable Energy Development Agency Ltd. · NSE:IREDA
Indian Renewable Energy Development Agency — Q3 FY2025-26 Earnings Presentation
29 slides from Indian Renewable Energy Development Agency's earnings presentation, Jan 9, 2026
Slide 1: Investor Presentation
Investor Presentation Quarter Ended Dec 31,2025 09th Jan 2026
Slide 2: Table of contents
Company at a glance RE Financing Environment Financial Highlights Operational Performance Asset Quality Table of Shareholder Outlook contents ESG Journey
Slide 3: Company at a Glance
Company at a Glance
Slide 4: Introduction
Introduction Strategic role in GoI’s Committed to implementing India’s largest pure-play Performance initiatives for promotion & high standards of green financing NBFC Track Record development of RE sector Corporate Governance Over 38 years of experience 71.76% owned by Government Highest Dome
Slide 5: Journey and key milestones
Journey and key milestones 1987 1996 2005 2010 Established as a dedicated Financial Notified as Public Financial ISO Certification by Bureau of Upgraded from 'Schedule C' to Institution under erstwhile Dept of Institution under Companies Act Indian Standards (BIS) 'Schedule B' CPSE Non-Conventional
Slide 6: Presence across renewable energy sectors with comprehensive suite of financial products & services
Presence across renewable energy sectors with comprehensive suite of financial products & services Products offered from Traditional RE technologies Emerging technologies conceptualization to commissioning Solar Battery Storage System Project Term Loans Hydro Electric Vehicle & Charging Infra Refina
Slide 7: India RE financing landscape
India RE financing landscape
Slide 8: India RE financing environment | Trends & Growth Drivers
India RE financing environment | Trends & Growth Drivers India RE installed capacity in GW1 Outlook for India’s RE sector is 300 300 positive, with major policy 254 announcements & ambitious targets RE 250 Capacity in GW 250 220 12 RE Capacity in GW 200 172 191 12 56 200 172 11 … India attained 150
Slide 9: Financial Highlights Standalone
Financial Highlights Standalone
Slide 10: Summary Highlights | Qtr-III & 9 Months Ended 31.12.25
Summary Highlights | Qtr-III & 9 Months Ended 31.12.25 Rs in crores Quarter ended Q3 FY25- 9 Months Ended Q3 FY25- Year ended 26 VS Q3 26 VS Q3 FY24-25 FY24-25 31-Dec-25 30-Sep-25 31-Dec-24 31-Dec-25 31-Dec-24 31-Mar-25 Revenue from operations 2130 2057 1698 25% 6134 4838 27% 6742 Interest Expense 1
Slide 11: Summary Highlights | Key Financial Ratios
Summary Highlights | Key Financial Ratios Q3 FY25-26 For the Year Upto Upto Key Financial Ratios: VS Q3 FY24- Ended 31.12.2025 31.12.2024 25 31.03.2025 Yield on Loan Assets (%) (Gross) 9.70% 9.96% -3% 10.03% Cost of borrowings (%)* 7.07% 7.68% -8% 7.61% Interest Spread (%) 2.63% 2.28% 15% 2.42% Net
Slide 12: Financial Information | Qtr-III & 9 Months Ended 31.12.25
Financial Information | Qtr-III & 9 Months Ended 31.12.25 Rs in crores Quarter ended 9 Months Ended Year ended Particulars 31-Dec-25 31-Dec-24 % Change 31-Dec-25 31-Dec-24 % Change 31-Mar-25 Revenue from operations 2130 1698 25% 6134 4838 27% 6742 Other Income * 10 1 23 2 12 Total Income 2140 1699 2
Slide 13: Balance Sheet | 9 Months Ended 31.12.25
Balance Sheet | 9 Months Ended 31.12.25 Rs in crores As at As at As at As at As at As at Balance Sheet - Liabilities Balance Sheet - Assets 31.12.25 31.12.24 31.03.25 31.12.25 31.12.24 31.03.25 Equity Financial Assets (a) Equity Share Capital 2809 2688 2688 (a) Cash and Bank 112 222 30 (b) Other Equ
Slide 14: Financial Highlights Consolidated
Financial Highlights Consolidated
Slide 15: Summary Consolidated | 9 Month Ended 31.12.2025
Summary Consolidated | 9 Month Ended 31.12.2025 Rs in crores Period ended Period Ended Year ended 31.12.2025 31.12.2024 31.03.2025 Revenue from operations 6135 4838 6743 Profit Before Tax 1718 1474 2104 Profit after Tax 1381 1197 1698
Slide 16: Operational performance
Operational performance
Slide 17: Lending profile | Composition of Outstanding Loans
Lending profile | Composition of Outstanding Loans Rs in crores 9 Months ended As on 31st Dec As on 31st Dec As on 31st March 9M FY25-26 Sector 2025 2024 2025 31st Dec 31st Dec VS 2025 2024 9M FY24-25 Public 25401 29% 16391 24% 20872 27% Private 62573 71% 52569 76% 55409 73% Sanction 40100 31087 29%
Slide 18: Lending profile | Well diversified assets with a PAN India Presence
Lending profile | Well diversified assets with a PAN India Presence with lending across 23 states and 4 UTs Himachal Pradesh Uttarakhand 2470 2.81% 1256 1.43% Punjab Uttar Pradesh 746 0.85% 1591 1.81% Rajasthan Sikkim 14,107 16.03% 1801 2.05% States with more than 5% share in Gross Loan Portfolio Ma
Slide 19: 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 “AAA” “AAA” “AAA” “AAA” “AAA” 'BBB’ Long-Term Stable Stable Stable Stable Stable Stable 'A-2’ Short-Term S
Slide 20: Borrowing profile | Rs.73192 cr. Outstanding Borrowings
| Borrowing profile | Rs.73192 cr. Outstanding Borrowings as on 31st Dec, 2025 Rs. 32397 cr. Borrowings Raised during Qtr-III FY 25-26 Rs in crores As on As on As on Borrowings Outstanding % 31.12.2025 31.12.2024 31.03.2025 63393 49361 56213 Domestic Borrowings 87% 85% 87% 9799 8569 8527 Foreign Bor
Slide 21: Asset Quality
ENERGY FOR EVER Oim ONCE IREDA ALWAYS IREDA (A Navratna CPSE) Asset Quality
Slide 22: Asset Quality
Asset Quality Gross NPA ( Rs in Crores) Net NPA ( Rs in Crores) 8.77% 5000 9.00% 4500 3000 5.61% 6.00% 4.13% 3.97% 3.75% 4000 2.36% 2.68% 2.45% 2500 3500 3302 3353 3297 2.06% 1.97% 1.68% 3000 1.50% 1.35% 2442 782* 782* 782* 2000 0.99% 2500 1510 1615 1627 1845 1448 2000 1866 2520 2571 2515 1500 314*
Slide 23: Shareholders' outlook
Shareholders' outlook
Slide 24: Shareholding Pattern
Shareholding Pattern SHAREHOLDER'S as on 31st Dec, 2025 % of Holding SHAREHOLDER'S as on 31st Mar, 2025 % of Holding President Of India Through Secretary Mnre President Of India Through Secretary Mnre 75.00% 71.76% Resident Individuals Resident Individuals 21.44% 22.31% Life Insurance Corporation Of
Slide 25: Category of Shareholder As at 31.12.2025
% of HOLDING CATEGORY OF SHAREHOLDER As at 31.12.2025 SHAREHOLDER'S As at As at 31.12.2025 31.03.2025 President of India (GOI) 71.76% 75.00% Resident Individuals 22.31% 21.44% Resident Insurance Insurance Companies 2.30% 0.27% Individuals Companies 22.31% 2.30% FIIs & FPIs 2.07% 1.75% FIIs & FPIs Pr
Slide 26: IREDA's ESG Journey
Third BRSR with reasonable First BRSR Submitted as assurance and First required for Top 1000 sustainability report listed entities. (planned) IREDA’s ESG 2023–2024 2024–2025 2025–2026 Journey Second BRSR with third party Reasonable Assurance as IREDA ranked158thamong top 250 listed entities.
Slide 27: IREDA's ESG Initiatives
IREDA’s ESG Initiatives Environment & Social Management Policy: “IREDA is committed for the development and implementation of projects that are environmentally and socially sustainable. As an environmentally informed and socially responsible financial institution, IREDA endeavours to avoid/minimize/
Slide 28: IREDA's ESG Scores and Ratings
IREDA’s ESG Scores and Ratings NSE M/s CRISIL ESG M/s ESG Risks A&I NSE M/s SES ESG FY 23-24 Ratings FY 24-25 FY 24-25 FY 24-25 FY 24-25 • ESG scores indicate strong performance and low ESG risk across multiple agencies ratings. • All scores are measured on a 0–100 scale.
Slide 29: Thank You
Investor Resources Annual Report https://www.ireda.in/annual-reports Financial results https://www.ireda.in/financial-results Join us: @ireda.in Investor https://www.ireda.in/investor-grievance-officer Grievance www.ireda.in Contact us https://www.ireda.in/contact Thank You
Indian Renewable Energy Development Agency — Q3 FY2025-26 Earnings Presentation on 6ix