Indian Renewable Energy Development Agency Ltd. · NSE:IREDA
Indian Renewable Energy Development Agency — Q2 FY2025 Earnings Presentation
24 slides from Indian Renewable Energy Development Agency's earnings presentation, Oct 10, 2024
Slide 1: Investor Presentation For Q2 & H1 FY24-25
ENERGY FOR EVER I ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA (.JI :Navratna C<PS<E.) Investor Presentation For Q2 & H1 FY24-25 10th October 2024
Slide 2: Q 1 Company at a glance Q 2 RE Financing Environment Q 3 Financial
ENERGY FOR EVER ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA Q1 Company at a glance (./1. :Navratna CPS'F-) Q2 RE Financing Environment Q3 Financial Highlights Q4 Operational Performance Q5 Asset Quality Q6 Shareholder Outlook
Slide 3: Company at a glance
ENERGY FOR EVER ~g')51 ~IREDA ONCE /REDA ALWAYS /REDA ()l J.favratna CPS'E,) Company at a glance
Slide 4: Introduction
ENERGY FOR EVER '5::J $~51 I Introduction ~IREDA ONCE /REDA ALWAYS /REDA ()! :Navratna CPS'E) 1~--0~;~-3;--y~~;;-~i-~~j;~ri~~~------ ~---p ro;-pt----S-~b~i~-;j~~-----;;f] ~--------------------------------------------- ------------- • 75% owned by Government • Highest Domestic Credit !• Comprehensive
Slide 5: Journey and key milestones
ENERGY FOR EVER Uourney and key milestones ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA (.II. J.favra tna CPS'E) 1987 1996 2005 2010 Established as a dedicated Notified as Public Financial ISO Certification by Bureau of Upgraded from 'Schedule C' to Financial Institution under erstwhile Institution under Co
Slide 6: Presence across renewable energy sectors with comprehensive suite of financial products & services
ENERGY FOR EVER ~$~51 I Presence across renewable energy sectors with comprehensive suite of financial products &services Traditional RE technologies Emerging technologies Products offered from conceptualization to commissioning ~IREDA ONCE /REDA ALWAYS /REDA (./1. :Navratna CPS'F-) Solar Battery St
Slide 7: India RE financing landscape
ENERGY FOR EVER ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA (JI Navratna CPS'E) India RE financing landscape
Slide 8: India RE financing environment | Trends & Growth Drivers
India RE financing environment I Trends &Growth Drivers I ~--- India RE installed capacity in GW1 - - - - - - @ 250 200 191 200 I Outlook for India's RE sector is positive, with major policy announcements & ambitious targets I 11 134 125 11 3: 150 11 52 (.') 52 ,!;;; 11 ... India attained ~ '(3 100
Slide 9: Financial Highlights
ENERGY FOR EVER ~g')51 ~IREDA ONCE /REDA ALWAYS /REDA ()l J.favratna CPS'E,)
Slide 10: Summary Highlights | Q2 & H1 FY24-25
ENERGY FOR EVER Summary Highlights I Q2 &H1 FY24-25 '5::J $~51 I For Qtr Ended Rs in crores ~~~~~~~~~~+ Half Veer Ended Yr ended ~IREDA ONCE /REDA ALWAYS /REDA ()! :Navratna CPS'E) Sep 30, Sep 30, % Change Sep 30, Sep 30, Mar 31, 2023 % Change 2024 2024 2023 I I 2024 -~!!~~-~-~--!~~-~--~~!-~~!~~~~--
Slide 11: Summary Highlights | Q2 & H1 FY24-25
ENERGY FOR EVER ~$~51 Summary Highlights I Q2 & H1 FV24-25 ~IREDA ONCE IREDA ALWAYS IREDA ()I :Navratna CPS'E) . . . As at As at As at Key Fmanc1al Ratios: 30.09.2024 30.09.2023 31.03.2024 Yield on Loan Assets(%} (gross) 9.92% 9.n% 9.97% I Cost of borrowings(%) 7.80% 7.85% 7.81% I 2.12% 1.92% 2.16%
Slide 12: Financial Information | Q2 & H1 FY24-25
ENERGY FOR EVER Financial Information I Q2 & H1 FY24-25 '5::J $~51 I Particulars Sep 30, Jun 30, For Qtr Ended Sep 30, Q2FY25 vs Sep 30, Half Year Ended Sep 30, Rs in crores Hl FY25 vs Yr ended Mar 31, 2024 ~IREDA ONCE /REDA ALWAYS /REDA :;!. :Navratna CPS'E) 2024 2024 2023 Q2FY24 2024 2023 Hl FY24
Slide 13: Balance Sheet | Q2 & H1 FY24-25
Balance Sheet I Q2 & H1 FY24-25 ENERGY FOR EVER Rs in crores ~g')51 I Equity Balance Sheet - Liabilities (a) EQuitv Share Capital (b) Other Eauitv As at 30.09.24 2,688 6,648 As at 30.06.24 2,688 6,422 As at 31.03.24 2,68E 5,872 As at 30.09.23 228~ 429( ~IREDA ONCE /REDA ALWAYS /REDA (J! J.favra tna
Slide 14: Operational Performance
ENERGY FOR EVER ~$~51 I ~IREDA ONCE /REDA ALWAYS /REDA ()1 :Navratna CIPSCF,)
Slide 15: Lending profile | Composition of outstanding loans
ENERGY FOR EVER Lending profile I Composition of outstanding loans Rs in crores ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA (./1. :Navratna CPS'F-) For Qtr Ended Half Year Ended Ason30thSep Ason31st Ason30thSep S t Sep 30, Sep 30, Sep 30, Sep 30, ec or 2024 March 2024 2023 2024 2023 2024 2023 Public Sancti
Slide 16: Lending profile | Well diversified assets with a PAN India presence
ENERGY FOR EVER ~$~51 I Lending profile I Well diversified assets with a PAN India Presence with lending across 23 states and 4 UTs ~IREDA ONCE /REDA ALWAYS /REDA (./1. :Navratna CPS'F-) Himachal Pradesh Uttarakhand 1694 1•11• 1 ll 11 Punjab Uttar Pradesh ~11__4 __.,_z_._,.. _7_6__1_11 . ~~1--------
Slide 17: Borrowing profile | Stable credit ratings enable cost-effective borrowing
ENERGY FOR EVER ~$~51 Borrowing profile I Stable credit ratings have enabled access to cost- I effective long-term sources of borrowing ~IREDA ONCE /REDA ALWAYS /REDA (./1. :Navratna CPS'F-) Domestic Credit Ratings for Long Term Borrowings International Credit Rating S&PGlobal India Ratings &Researc
Slide 18: Borrowing profile | Rs.54,639 cr. outstanding borrowings
ENERGY FOR EVER J3orrowing profile I Rs.54,639 er. Outstanding Borrowings as on 3Qth Sep, 2024 ~$~51 I Domestic Borrowin s 45691 Rs in er ores Rs. 9,328 er. Borrowings Raised For Qtr ended Sep, 2024 ~IREDA oNcE /REDA ALWAYs /REDA (./1. :Navratna CPS'F-) 22210 Bank Loans As on As on As on Outstanding
Slide 19: Asset Quality
ENERGY FOR EVER '5::J 6~51 ~IREDA ONCE /REDA ALWAYS /REDA (.JI :Navratna C<PSC£.) Asset Quality
Slide 20: Improved asset quality with steady decline in NPA
ENERGY FOR EVER '5::J $~51 I Improved asset quality with steady decline in NPA ~IREDA ONCE /REDA ALWAYS /REDA ()! :Navratna CPS'E) I Gross NPA ( Rs in Crores) Net NPA (Rs in Crores) - Gross NPA (in Cr} -=-Gross NPA (%) - Net NPA (in Cr) ..,...Net NPA (%} 2442 1510 8.77% 666 1.04% 31.03.2021 31.03.20
Slide 21: Shareholder Outlook
ENERGY FOR EVER ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA (Jt J.favratna CPS'E)
Slide 22: Shareholding Pattern
I [~~~~~~S_h_ar_e_ho_ld_i_ng__Pa_t_te_rn~~~~~~] 1 %of Holding ENERGY FOR EVER ~$~51 ~IREDA ONCE /REDA ALWAYS /REDA :Navratna C<PS'E) SHAREHOLDER'S as on 30th Sep, 2024 % of Holding SHAREHOLDER S as on 31st Mar, 2024 President Of India (Gol) 75.00% President Of India (Gol) 75.00% Resident Individuals
Slide 23: Shareholding by category
ENERGY FOR EVER E5:J $~51 ~IREDA ONCE /REDA ALWAYS /REDA (/l. :Navratna C<PS'E) % of HOLDING SHAREHOLDER'S As at CATEGORY OF SHAREHOLDER As at 30.09.2024 31 _03 _2024 President of India (GOI) 75.00% 75.00% Resident Individuals 21.33% 21.33% Flis & FPls 2.02% 1.36% Mutual Funds 0.19% 0.53% President
Slide 24: Thank You
ENERGY FOR EVER ~$~51 I Investor Resources ~IREDA ONCE /REDA ALWAYS /REDA (./1. :Navratna CPS'F-) Annual Report 9 https://www.ireda.in/annual-reports Financial results 9 https://www.ireda.in/financial-results Join us: @ireda.in Investor Grievance 8 https://www. ireda.in/investor-grievance-officer ww
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