Indian Renewable Energy Development Agency Ltd. · NSE:IREDA
Indian Renewable Energy Development Agency — Q3 FY2024-25 Earnings Presentation
24 slides from Indian Renewable Energy Development Agency's earnings presentation, Jan 9, 2025
Slide 1: Investor Presentation For Q3 & 9 Months FY24-25
Investor Presentation For Q3 & 9 Months FY24-25 9th JANUARY 2025
Slide 2: Table of contents
Company at a glance 02 RE Financing Environment 03 Financial Highlights 04 Operational Performance Table of 05 Asset Quality contents 06 Shareholder Outlook
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 37 years of experience 75% owned by Government Highest Domesti
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 250 250 Outlook for India’s RE sector is positive, with major policy 206 announcements & ambitious targets RE200 Capacity in GW 191 200 11 172 11 157 RE Capacity in GW 142 172 11 52 150 134 150 … India attain
Slide 9: Financial Highlights
ENERGY FOR EVER Gitm ONCE WAYS IREDA a (PSE)
Slide 10: Summary Highlights | Q3 & 9 Months FY24-25
Summary Highlights | Q3 & 9 Months FY24-25 Rs in crores For Qtr Ended 9 Months Ended Yr ended Dec 31, Dec 31, % Dec 31, Dec 31, % Mar 31, 2024 2024 2023 Change 2024 2023 Change Revenue from operations 1698 1253 36% 4838 3573 35% 4964 Interest Expense 1032 760 36% 3037 2317 31% 3164 Operating Profit2
Slide 11: Summary Highlights | Qtr Ended 31.12.2024
Summary Highlights | Qtr Ended 31.12.2024 As at As at As at Key Financial Ratios: 31.12.2024 31.12.2023 31.03.2024 Yield on Loan Assets (%) (Gross) 9.96% 9.87% 9.97% Cost of borrowings (%) 7.68% 7.82% 7.81% Interest Spread (%) 2.28% 2.05% 2.16% Net Interest Margin (%) 3.33% 3.20% 2.85% Debt Equity R
Slide 12: Financial Information | Q3 & 9 Months FY24-25
Financial Information | Q3 & 9 Months FY24-25 Rs in crores For Qtr Ended 9 Months Ended Yr ended Particulars Dec 31, Dec 31, Q3 FY25 Dec 31, Dec 31, 9M FY25 Mar 31, VS VS 2024 2024 2023 Q3 FY24 2024 2023 9M FY24 Revenue from operations 1698 1253 36% 4838 3573 35% 4964 Other Income 0.53 0.34 56% 1.80
Slide 13: Balance Sheet | Qtr Ended 31.12.2024
Balance Sheet | Qtr Ended 31.12.2024 Rs in crores Balance Sheet - Liabilities As at 31.12.24 As at 31.03.24 As at 31.12.23 Equity (a) Equity Share Capital 2,688 2,688 2,688 (b) Other Equity 7,154 5,872 5,447 Financial Liabilities (a) Derivative financial instruments 37 208 101 (b) Trade Payables 1 7
Slide 14: Operational performance
Operational performance
Slide 15: Lending profile | Composition of Outstanding Loans
Lending profile | Composition of Outstanding Loans Rs in crores For Qtr Ended 9 Months Ended As on 31st As on 31st As on 31st Sector Dec 31, Dec 31, Dec 31, Dec 31, December 2024 March 2024 December 2023 2024 2023 2024 2023 Public 16391 24% 14940 25% 10,704 21% Sanction 13227 9121 31087 13558 Privat
Slide 16: 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 2548 3.70% 1695 2.46% Punjab Uttar Pradesh 502 0.73% 951 1.38% Rajasthan Sikkim 10,544 15.31% 1866 2.71% States with more than 5% share in Gross Loan Portfolio Mad
Slide 17: 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” 'BBB-’ Long-Term Stable Stable Stable Stable Stable 'A-3’ Short-Term Stable
Slide 18: Borrowing profile | Rs.57,931 cr. Outstanding Borrowings
Borrowing | profile | Rs.57,931 cr. Outstanding Borrowings as on 31st Dec, 2024 Rs in crores Domestic Borrowings 58000 100% 49361 Rs. 15978 cr. Borrowings 48000 40388 80% Raised during 9 Months FY 24-25 38000 32006 45% 22385 60% As on As on As on 28000 54% 21988 Outstanding % 57% 18093 40% 31.12.202
Slide 19: Asset Quality
Asset Quality
Slide 20: Improved asset quality with steady decline in NPA
Improved asset quality with steady decline in NPA Gross NPA ( Rs in Crores) Net NPA ( Rs in Crores) 3000 11.00% 2442 1600 1510 15.00% 2500 9.00% 1400 13.00% 8.77% 2000 1768 1845 7.00% 1200 11.00% 1035 1024 1513 1465 1000 9.00% 1500 1411 5.00% 5.21% 800 768 757 7.00% 581 1000 3.00% 600 5.00% 3.21% 5.
Slide 21: Shareholders' outlook
ENERGY FOR EVER SYsI IREDA ONCE IREDA ALWAYS IREDA (A Navratna CPSE) Shareholders’ outlook lg ieee:
Slide 22: Shareholding Pattern
Shareholding Pattern SHAREHOLDER'S as on 31st Dec, 2024 % of Holding SHAREHOLDER'S as on 30th Sep, 2024 % of Holding President Of India (GoI) 75.00% President Of India Through Secretary Mnre 75.00% Resident Individuals 21.24% Resident Individuals 21.33% Vanguard Total International Stock Index Fund
Slide 23: Shareholder category: President of India (GOI)
% of HOLDING SHAREHOLDER'S CATEGORY OF SHAREHOLDER As at 31.12.2024 As at As at As at 31.12.2024 30.09.2024 31.03.2024 President of India 75.00% 75.00% 75.00% (GOI) Resident 21.24% 21.33% 21.33% Individuals FIIs & FPIs 1.85% 2.02% 1.36% Resident Individuals Mutual Funds 0.28% 0.19% 0.53% 21.24% FIIs
Slide 24: 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
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