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Indian Renewable Energy Development Agency Ltd (IREDA) stock surged 5.60% on April 16, 2025, after its Q4 FY25 earnings were announced. As of 11:52 AM, IREDA share price stood at ₹176.33. During the early trading hours, the stock rose as much as 7.4%, reaching a high of ₹179.50 on the BSE.
As of 11.53 am, the IREDA stock chart depicting the recent movements over the last day, is as follows:
IREDA posted a 49% year-over-year increase in net profit for Q4 FY25 at ₹502 crore versus ₹337 crore last year. Operational revenue was also impressive, rising 37% YoY to ₹1,904 crore. The strong earnings drove investor optimism and demand for the stock picked up despite previous volatility. The overall market was relatively subdued, with the BSE Sensex rising only 0.09% during the same period.
Despite a shortfall in early trade with the shares declining by 5.57% to ₹176.4 at about 9:51 AM, the stock stabilized soon as market players absorbed the company's strong fundamentals. The market capitalization of the company is now at ₹47,439.05 crore. IREDA has a 52-week high of ₹310 and a low of ₹137, reflecting the volatility that it has witnessed over the last 52 weeks.
Among the highlight metrics of the results was IREDA's FY25 annual net profit, which rose to an all-time high of ₹1,699 crore, 36% higher compared to the preceding year. Yearly operating revenue also rose by 36%, to ₹6,742 crore. The company's net worth increased by 20% y-o-y to ₹10,266 crore and its loan book grew by the same proportion to ₹76,282 crore.
IREDA's asset quality was robust amid market apprehensions. Net non-performing assets (NPAs) reduced to 0.99% during Q4 FY24, whereas gross NPAs were at 2.45%. These statistics testify to the better credit management and risk evaluation processes of the company, which are important for a non-banking financial institution dealing in the renewable energy segment.
Pradip Kumar Das, Managing Director and Chairman, IREDA, credited the strong performance to the company's focus on facilitating India's green energy shift. "We are committed to being the facilitator of India's green energy transition through creative financing solutions and strategic alliances," he added.
IREDA's strategic position as a government-owned financial institution within the Ministry of New and Renewable Energy provides a layer of policy-induced stability. It remains a key catalyst of clean energy expansion in India, financing big-ticket renewable energy, energy efficiency, and conservation projects.
The stock has appreciated nearly 20% in the last month and its long-term fundamentals look robust, boosting positive investor sentiment. 67% of the analysts recommend a ‘BUY’ rating with the remaining suggesting ‘HOLD’. IREDA's better net interest margins, lower NPAs, and higher loan sanctions make it a stock with high growth potential in India's renewable energy space. For long-term investors, IREDA is still a good hold.
