# Indian Renewable Energy Development Agency (IREDA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ireda

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹111.46
- Change: +1.19%
- As of: 2026-11-06
- 1D return: +1.19%
- 5D return: +12.02%
- 1M return: +7.38%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

IREDA’s technical setup on November 6, 2026, presents a sharp divergence between short-term price action and the broader structural trend. The stock closed at ₹111.46, following an extreme upward gap of +3.9% on November 5. This move has propelled the price above daily moving averages (20-EMA, 50-EMA, 20-SMA, 50-SMA) and the Supertrend, signaling immediate bullish momentum. However, this daily strength is isolated; the weekly and monthly trends remain firmly bearish, with price trading below all key moving averages and Supertrends on those horizons. The Average Directional Index (ADX) confirms this dynamic: daily trend strength is weak at 18.61, while the monthly ADX stands at 39.33, indicating a strong underlying downtrend that the recent rally has not yet reversed.

Price positioning is critical here. While the stock sits near the upper end of its 20-day range (+95.1%), it remains in the lower third of its 252-day range (+21.9%) and is down 51.7% from its available high. Immediate resistance lies just above at ₹111.59 (0.12% away), followed by ₹113.03 (1.41%). Support is clustered tightly below at ₹110.87 (0.53%) and ₹109.65 (1.63%). The stock’s annualized volatility of 35.0% and ATR of 3.0% suggest significant price swings are likely as it tests these levels. Confirmation of a sustained reversal would require holding above the 200-period SMA and seeing weekly momentum shift from bearish to neutral or positive.

- Trend Divergence: Daily indicators show price above key MAs and Supertrend, but weekly/monthly structures remain bearish with price below all major averages.
- Momentum & Strength: Recent +3.9% gap-up on Nov 5 was an 'EXTREME' anomaly, but daily ADX (18.61) indicates weak trend conviction compared to strong monthly ADX (39.33).
- Key Levels: Immediate resistance at ₹111.59 (0.12% above) and ₹113.03 (1.41% above); support at ₹110.87 (0.53% below) and ₹109.65 (1.63% below).
- Risk Context: Stock is down 51.7% from highs and trades in the bottom 22% of its yearly range; annualized volatility is 35.0%.

- Bullish Engulfing Reversal
- Outside Bar
- Inside Bar
- Doji
- Bearish Engulfing Reversal

### News Context

IREDA reported a net profit of ₹554 crore for the September 2026 quarter, as disclosed in mid-October 2026. Concurrently, the lender has appointed Jatin Kumar Nayak, formerly Executive Director (Finance) at REC Ltd, as its new Chairman and Managing Director, succeeding previous leadership. Nayak brings over three decades of experience from roles at REC Ltd, NHPC, and other public sector undertakings.

Strategically, IREDA is seeking partnerships with global banks and investors to secure cheaper, long-term green financing for domestic renewable energy developers. This initiative aims to bridge the gap between India's current borrowing costs of 11% to 12% and the 2% to 3% rates available in developed markets. The move addresses critical funding needs for the $220 billion investment required over the next three years to meet India’s goal of 500-gigawatt non-fossil fuel capacity by 2030.

- Q2 FY27 Net Profit: ₹554 crore reported for the September 2026 quarter.
- Leadership Change: Jatin Kumar Nayak assumed charge as CMD on October 31, 2026, replacing prior management.
- Funding Strategy: IREDA is pursuing global partnerships to lower borrowing costs from 11–12% to 2–3%, supporting the $220 billion investment needed for 500 GW non-fossil capacity by 2030.

- [IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- [IREDA seeks global funding partnerships to lower borrowing costs for green projects](https://economictimes.indiatimes.com/industry/renewables/ireda-seeks-global-funding-partnerships-to-lower-borrowing-costs-for-green-projects/articleshow/135535978.cms)
- [IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD](https://economictimes.indiatimes.com/industry/renewables/ireda-appoints-ex-rec-executive-jatin-kumar-nayak-as-cmd/articleshow/135389366.cms)
- [Jatin Kumar Nayak takes charge as CMD of IREDA](https://www.thehindubusinessline.com/companies/jatin-kumar-nayak-takes-charge-as-cmd-of-ireda/article71648322.ece)

### Official Filings

IREDA disclosed a leadership transition and financial results for the half-year ended September 30, 2026. Jatin Kumar Nayak was appointed Chairman and Managing Director (CMD) effective October 30, 2026, succeeding Bijay Kumar Mohanty, who held the additional charge. While initial filings cited a 32-month term ending September 30, 2029, a subsequent correction clarified the superannuation date as June 30, 2029. Financially, IREDA reported a net profit of ₹554.26 Crores for Q2 FY27 and ₹891.75 Crores for H1 FY27, with total income from operations at ₹2,344.75 Crores and ₹4,594.29 Crores respectively. The company maintains a Gross Loan Portfolio of ₹97,411 Crores and has raised ₹10,071 Crores in borrowings during H1 FY27. Notably, IREDA confirmed three fraud cases totaling ₹672.74 Crores involving Arjuna Biofuels and Gensel Group, for which 100% Expected Credit Loss (ECL) provisions have already been made.

- Leadership Change: Jatin Kumar Nayak assumed the role of CMD on October 30, 2026, following a correction to his superannuation date of June 30, 2029; Bijay Kumar Mohanty ceased additional CMD charges on the same date.
- H1 FY27 Financials: Net profit stood at ₹891.75 Crores (half-year) and ₹554.26 Crores (quarter), with total income from operations at ₹4,594.29 Crores (half-year).
- Portfolio & Borrowings: Gross Loan Portfolio reached ₹97,411 Crores as of September 30, 2026, with ₹10,071 Crores raised in borrowings during H1 FY27.
- Credit Risk Provisions: The Board confirmed no debt servicing defaults but noted fraud cases totaling ₹672.74 Crores, with full ECL provisions already accounted for.

- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_151242853.xml)
- [General Update |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IREDAEQ_31102026160638_IntimationtoSE1026.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_161018195.xml)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/IREDAEQ_30102026212246_IntimationtoSEappointmentofCMDJKN.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261030_212358787.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741991_19102026072932_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741990_19102026072927_WEB.xml)
- [Outcome of the Board Meeting held on 19.10.2026 |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026192951_OutcomeBM19102026.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'Standalone Financial Statements for HY 30092026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026194549_Standalone_FS_Compress_30092026.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange regarding ''.Investor presentation for the period ended 30.09.2026 |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026193833_Investor_PPT_Q2FY_2026-27_Master-Copy.pdf)

### Fundamentals

IREDA’s operating trajectory shows robust top-line expansion alongside improving quarterly profitability, though the balance sheet reflects a highly leveraged structure typical of a NBFC. In Q2 FY2026-27 (Sep 2026), revenue rose 14% year-on-year to ₹2,344 crore, while net profit increased modestly to ₹554 crore. Sequentially, Q2 net profit surged 63% from Q1’s ₹339 crore, driven by a sharp decline in impairment charges on financial instruments from ₹419 crore to ₹188 crore and lower operating expenses. Financing margins contracted slightly to 31% in Sep 2026 from 34% in Sep 2025, indicating competitive pricing or asset mix shifts.

Financial health remains capital-intensive. Total assets grew to ₹98,047 crore as of Sep 2026, with loans outstanding rising to ₹94,048 crore. Borrowings increased to ₹47,760 crore, supporting this loan book growth. Cash flow dynamics show persistent negative operating cash flows (-₹14,482 crore in Mar 2026) offset by strong financing inflows (+₹14,748 crore), confirming reliance on external funding for liquidity. Return on Equity stabilized at 16% for the last fiscal year, down from 18% in Mar 2025, reflecting the expanded equity base. Promoter holding remained stable at 71.76%, while DII and FII stakes showed minor fluctuations.

- Q2 FY2026-27 Net Profit jumped sequentially to ₹552 crore (EPS ₹1.97) from ₹339 crore in Q1, primarily due to reduced impairment costs (₹188 crore vs ₹419 crore).
- Revenue grew 14% YoY to ₹2,344 crore in Sep 2026; Financing Margin narrowed to 31% from 34% YoY, suggesting margin pressure despite volume growth.
- Balance sheet leverage is high: Loans reached ₹94,048 crore and Borrowings ₹47,760 crore as of Sep 2026, with total assets expanding to ₹98,047 crore.
- Cash flow profile relies on financing activities to cover operating deficits; Operating Cash Flow was -₹14,482 crore in FY2026, while Financing Cash Flow was +₹14,748 crore.

### Bear Case

IREDA faces significant headwinds characterized by prolonged price depreciation and elevated volatility. The stock has declined 25.0% over the past year and is down 20.0% year-to-date as of November 6, 2026, with a current drawdown of -51.7% from its peak. Technical indicators reflect this weakness: the monthly trend is bearish, and while the daily Supertrend remains bullish, the short-term momentum is fragile with the 20-day Simple Moving Average slope negative (-0.4) and the 50-day slope sharply negative (-0.95). The stock trades near immediate resistance at ₹111.59, just 0.12% above the closing price of ₹111.46, suggesting limited upside room without breaking through this level. Furthermore, the company’s operational environment includes high domestic borrowing costs (11% to 12%) compared to global rates (2% to 3%), necessitating new funding partnerships to support the $220 billion investment required for India's renewable energy goals. These factors combine to create a cautious setup where downside risks remain prominent despite recent quarterly profit growth.

- Price performance is weak: -25.0% return over 1 year, -20.0% YTD, and a current drawdown of -51.7%.
- Technical structure shows mixed signals: Monthly trend is bearish; Daily SMA-50 slope is -0.95 indicating longer-term downtrend pressure.
- Immediate technical resistance is tight at ₹111.59 (0.12% above close), limiting near-term upside potential.
- Operational constraint: Domestic borrowing costs are 11%-12%, significantly higher than developed market rates of 2%-3%, pressuring project economics.

- [IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- [IREDA seeks global funding partnerships to lower borrowing costs for green projects](https://economictimes.indiatimes.com/industry/renewables/ireda-seeks-global-funding-partnerships-to-lower-borrowing-costs-for-green-projects/articleshow/135535978.cms)
- [IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD](https://economictimes.indiatimes.com/industry/renewables/ireda-appoints-ex-rec-executive-jatin-kumar-nayak-as-cmd/articleshow/135389366.cms)
- [Jatin Kumar Nayak takes charge as CMD of IREDA](https://www.thehindubusinessline.com/companies/jatin-kumar-nayak-takes-charge-as-cmd-of-ireda/article71648322.ece)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_151242853.xml)
- [General Update |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IREDAEQ_31102026160638_IntimationtoSE1026.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_161018195.xml)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/IREDAEQ_30102026212246_IntimationtoSEappointmentofCMDJKN.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261030_212358787.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741991_19102026072932_WEB.xml)

### FAQs

**Who is the new CMD of IREDA and when did they take charge?**

Jatin Kumar Nayak assumed charge as Chairman & Managing Director on October 30, 2026. He succeeds Bijay Kumar Mohanty, who ceased holding the additional charge of CMD on the same date. Nayak’s term extends until his superannuation on June 30, 2029.

**What are IREDA's recent profit figures and strategic funding initiatives?**

IREDA reported a net profit of ₹554 crore for the quarter ended September 2026. Strategically, the company is seeking global funding partnerships to lower borrowing costs for green projects, aiming to bridge the gap between domestic rates (11%–12%) and developed market rates (2%–3%).

**How has IREDA's stock performed over the past year compared to recent weeks?**

As of November 6, 2026, IREDA shares closed at ₹111.46. The stock has declined 25.0% over the last year but gained 11.2% over the past 10 trading days. It currently trades within a range supported by ₹108.71 and resisted near ₹111.59.

- [IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- [IREDA seeks global funding partnerships to lower borrowing costs for green projects](https://economictimes.indiatimes.com/industry/renewables/ireda-seeks-global-funding-partnerships-to-lower-borrowing-costs-for-green-projects/articleshow/135535978.cms)
- [IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD](https://economictimes.indiatimes.com/industry/renewables/ireda-appoints-ex-rec-executive-jatin-kumar-nayak-as-cmd/articleshow/135389366.cms)
- [Jatin Kumar Nayak takes charge as CMD of IREDA](https://www.thehindubusinessline.com/companies/jatin-kumar-nayak-takes-charge-as-cmd-of-ireda/article71648322.ece)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_151242853.xml)
- [General Update |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IREDAEQ_31102026160638_IntimationtoSE1026.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_161018195.xml)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/IREDAEQ_30102026212246_IntimationtoSEappointmentofCMDJKN.pdf)
- [Indian Renewable Energy Development Agency Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261030_212358787.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741991_19102026072932_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹109.43
- Risk regime: Higher Price Risk

### Support levels
- 109.64625
- 107.4
- 103.41

### Resistance levels
- 114.535
- 137.45
- 143.075

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.19% |
| return_10 | +11.16% |
| return_1m | +2.26% |
| return_1y | -24.97% |
| return_20 | +7.38% |
| return_3m | -7.90% |
| return_5 | +12.02% |
| return_6m | -18.29% |
| return_since_start | -49.74% |
| return_ytd | -20.02% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -56.84% |
| annualized_volatility | +35.03% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Indian Renewable Energy Development Agency Limited FY2026-27 Q2: Profit Rebounds as Impairment Falls

IREDA’s consolidated profit before tax rose 70% quarter on quarter to ₹704 crore in Q2 FY2026-27, while net profit increased 63% to ₹552 crore. The sequential rebound was led by lower impairment charges, even as interest earned continued to grow; year-on-year profit was nearly flat and impairment was higher.

## Lower impairment drove the quarterly earnings rebound

Revenue from operations increased 4.3% from ₹2,249 crore in Q1 FY2026-27 to ₹2,346 crore in Q2. Interest earned rose 5.5% to ₹2,319 crore, while finance costs increased 2.7% to ₹1,377 crore.

Total expenses fell 10.6% to ₹1,642 crore. Impairment on financial instruments declined by ₹231 crore, to ₹188 crore from ₹419 crore in Q1. The reduction in impairment exceeded the ₹194 crore fall in total expenses, as other expense movements partly offset it. Profit before tax rose to ₹704 crore from ₹414 crore. Tax expense increased to ₹152 crore from ₹75 crore, tempering the rise in net profit to ₹552 crore from ₹339 crore. Earnings per share was ₹1.97, compared with ₹1.21 in Q1.

Year on year, revenue from operations grew 14% from Q2 FY2025-26, but profit before tax rose 1.2% and net profit 0.5%. Impairment charges of ₹188 crore were higher than the ₹70 crore recorded a year earlier.

## Loan book and funding balances expanded

Loans stood at ₹94,048 crore at 30 September 2026, up from ₹82,623 crore at 30 September 2025 and ₹90,197 crore at 31 March 2026. Borrowings were ₹47,760 crore, compared with ₹37,741 crore and ₹46,167 crore at those respective dates. Debt securities totalled ₹29,922 crore, versus ₹28,942 crore a year earlier, while subordinated liabilities were broadly stable at ₹3,257 crore.

Total liabilities were ₹83,706 crore at quarter-end. Equity attributable to owners of the parent was ₹14,340 crore, up from ₹12,922 crore at 30 September 2025 and ₹13,785 crore at 31 March 2026. The balance sheet shows year-on-year growth in both lending and borrowing.

## Cash balances and comprehensive income

Cash and cash equivalents were ₹122 crore at 30 September 2026, down from ₹200 crore a year earlier but above ₹48 crore at 31 March 2026. Other bank balances stood at ₹875 crore.

Other comprehensive income was a loss of ₹126 crore in Q2, compared with a loss of ₹60 crore in Q1. Total comprehensive income was ₹426 crore, up from ₹278 crore quarter on quarter but below ₹615 crore in Q2 FY2025-26. Deferred tax was a credit of ₹32 crore, compared with a credit of ₹113 crore in Q1. Net deferred tax assets stood at ₹624 crore at 30 September 2026, up from ₹476 crore at 31 March 2026.

## Key Takeaway

IREDA’s Q2 earnings recovered sharply from Q1 as impairment charges fell and interest earned continued to rise. But year-on-year net profit was almost unchanged, with impairment substantially higher than in Q2 FY2025-26, while loans and borrowings had both expanded. The contrast highlights the strength of the sequential recovery and the more modest year-on-year improvement.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +71.76%
- FII holding: +2.57%
- DII holding: +2.52%
- Mutual fund holding: +0.14%
- Retail holding: +20.39%
- Promoter pledged: +0.00%

### Major reported shareholders

- President of India through Secretary MNRE — +71.76%
- Life Insurance Corporation of India — +2.21%

## Official filings

- 2026-11-06 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_06112026170358_IntimationtoSEcessationofGND.pdf)
- 2026-11-06 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261106_171313510.xml)
- 2026-10-31 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_151242853.xml)
- 2026-10-31 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_31102026160638_IntimationtoSE1026.pdf)
- 2026-10-31 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261031_161018195.xml)
- 2026-10-30 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_30102026212246_IntimationtoSEappointmentofCMDJKN.pdf)
- 2026-10-30 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_9019_WebXMLFile_20261030_212358787.xml)
- 2026-10-19 — Financial Results Filing: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741991_19102026072932_WEB.xml)
- 2026-10-19 — Financial Results Filing: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1741990_19102026072927_WEB.xml)
- 2026-10-19 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026192951_OutcomeBM19102026.pdf)
- 2026-10-19 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026194549_Standalone_FS_Compress_30092026.pdf)
- 2026-10-19 — Earnings Presentation: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026193833_Investor_PPT_Q2FY_2026-27_Master-Copy.pdf)
- 2026-10-19 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_19102026194806_Consoldiated_FS_Compress_30092026.pdf)
- 2026-10-19 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IREDAL_19102026204947_Utlisation_Certificate.pdf)
- 2026-10-19 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IREDAL_19102026204809_Security_Cover.pdf)
- 2026-10-16 — Shareholding Disclosure: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739554_16102026115308_WEB.xml)
- 2026-10-16 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_16102026164800_Reg76RC.pdf)
- 2026-10-14 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IREDAL_14102026153721_Signed_Certificate_R6_1__7_1__.pdf)
- 2026-10-14 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IREDAL_14102026153657_Signed_Certificate_R6_1__7_1__.pdf)
- 2026-10-12 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IREDAL_12102026110413_signed_final_ISIN_report.pdf)
- 2026-10-12 — Board Meeting Notice: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_12102026172645_SignedIntimationBMfinancialresults19072026.pdf)
- 2026-10-12 — Board Meeting Notice: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_9019_WebXMLFile_20261012_173350703.xml)
- 2026-10-12 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_9019_WebXMLFile_20261012_173350703.xml)
- 2026-10-12 — Generic Announcement: Vikran Engineering Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VIKRAN123_12102026192105_Intimation_of_Agreement_-_NOPL_-_IREDA.pdf)
- 2026-10-09 — Generic Announcement: Indian Renewable Energy Development Agency Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IREDAEQ_09102026142455_SignedReg74_5_.pdf)

## News and market events

- 2026-11-04 — Economic Times: **IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times** — The Economic Times provides live NSE and BSE share price updates for IREDA, alongside general market news featuring stocks such as Reliance Industries, Vedanta, and Yes Bank. The publication highlights that IREDA's net profit grew to Rs 554 crore in the September quarter, as reported in mid-October 2026. — [Source](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- 2026-11-04 — Economic Times: **IREDA seeks global funding partnerships to lower borrowing costs for green projects** — India's state-run lender IREDA is seeking partnerships with global banks and investors to secure cheaper, long-term green financing for domestic renewable energy developers. This initiative aims to address the significant gap between India's current borrowing costs of 11% to 12% and the 2% to 3% rates available in developed markets, which is critical given the $220 billion investment required over the next three years to meet the country's 500-gigawatt non-fossil fuel capacity goal by 2030. The effort comes as developers continue to face financial strain from land acquisition hurdles and power — [Source](https://economictimes.indiatimes.com/industry/renewables/ireda-seeks-global-funding-partnerships-to-lower-borrowing-costs-for-green-projects/articleshow/135535978.cms)
- 2026-10-31 — Economic Times: **IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD** — IREDA has appointed Jatin Kumar Nayak as its new Chairman and Managing Director, succeeding the previous leadership structure. Nayak brings over three decades of experience in finance and corporate affairs from roles at REC Ltd, NHPC, and other public sector undertakings. — [Source](https://economictimes.indiatimes.com/industry/renewables/ireda-appoints-ex-rec-executive-jatin-kumar-nayak-as-cmd/articleshow/135389366.cms)
- 2026-10-31 — The Hindu: **Jatin Kumar Nayak takes charge as CMD of IREDA** — Jatin Kumar Nayak has assumed charge as the Chairman & Managing Director of IREDA, following his previous role as Executive Director (Finance) at REC Ltd. — [Source](https://www.thehindubusinessline.com/companies/jatin-kumar-nayak-takes-charge-as-cmd-of-ireda/article71648322.ece)
- 2026-10-21 — BUSINESSTODAY: **GIFT Nifty up 116 points; RIL, HD Fire, Infosys, Hind Zinc, IREDA, Adani among top stocks in focus** — GIFT Nifty, GIFT Nifty today, GIFT Nifty cues, GIFT Nifty signals, GIFT Nifty cues today, GIFT Nifty signals today, Stocks in news, Stocks to buy, Stocks to watch, Stocks in buzz, Stocks in focus, Reliance, HD Fire Protect, Infosys, Bajaj Finance, LTTS, Hind Zinc, ICICI Pru AMC, IREDA, Adani Group stocks — [Source](https://www.businesstoday.in/markets/trending-stocks/story/gift-nifty-up-116-points-ril-hd-fire-infosys-hind-zinc-ireda-adani-among-top-stocks-in-focus-562660-2026-10-21)
- 2026-10-21 — Mint: **Top stocks to watch today: Eternal, Reliance Industries, IREDA, RailTel shares in focus on Wed, 21 Oct | Full list** — Top stocks to watch: Eternal, Adani Green, Reliance Industries, IREDA, Bajaj Finance, Hindustan Zinc, Waaree Renewable Technologies are among the shares that will remain in focus on Wednesday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-eternal-reliance-industries-ireda-railtel-shares-in-focus-on-wed-21-oct-full-list-11792546323951.html)
- 2026-10-21 — Economic Times: **Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan Zinc** — Indian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly, closing at 22,889 after disappointing corporate earnings. Reliance Industries aims to raise funds through its initial public offering today, which is highly anticipated. Other companies such as IREDA and Yes Bank reported mixed financial results for the quarter. Investors are closely monitoring these developments and their potential market impacts. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-eternal-ireda-yes-bank-trent-and-hindustan-zinc/articleshow/135074022.cms)
- 2026-10-20 — Mint: **Bajaj Finance vs IREDA vs Reliance's Jio Financial: Top financial stock to buy after Q2 results 2026 for best returns?** — Q2 results 2026 date: Bajaj Finance and IREDA declared their September 2026 quarter results on Monday, 19 October 2026 — [Source](https://www.livemint.com/market/stock-market-news/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns-11792493516210.html)
- 2026-10-20 — CNBC-TV18: **Nifty Outlook for October 21: Higher oil prices dampen index recovery; focus back at lower levels** — The Nifty Bank too has closed very near to its near-term support zone of 55,500 and in case there happens to be sustained selling below that mark, it can take the index back down to 55,000 or even 54,500 on the downside. Any potential recovery on the upside could encounter hurdles at 56,000. — [Source](https://www.cnbctv18.com/market/trade-setup-nifty-prediction-outlook-october-21-jio-platforms-ipo-banks-higher-crude-key-levels-20015526.htm)
- 2026-10-20 — CNBC-TV18: **Stocks to Watch for October 21: Bajaj Finance, Hind Zinc, IREDA, LTTS and more** — From Bajaj Finance, Hind Zinc, IREDA, LTTS reporting their Q2 results to Harish Bhat resigning as Non-Executive, Non-Independent Director of Trent; these are stocks to track ahead of Wednesday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-21-bajaj-finance-hind-zinc-ireda-ltts-and-more-20015256.htm)
- 2026-10-19 — Economic Times: **Ireda net profit grows to Rs 554 cr in Sep qtr** — Ireda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from operations increased by 14%, totaling Rs 2,345 crore. Additionally, loan disbursements surged by 31%, reaching Rs 10,579 crore. This quarter also marked an 11% rise in net worth, showcasing Ireda's strength in renewable energy financing and management of asset quality. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/ireda-net-profit-grows-to-rs-554-cr-in-sep-qtr/articleshow/135051929.cms)
- 2026-10-19 — FEEDS: **Q2 Results Live: Bhansali Engineering Profit Jumps 47%, Union Bank Profit Zooms 30%** — Q2 Results Live: Bajaj Finance, Hindustan Zinc, IREDA, LTTS, and UltraTech Cement are among 35 companies scheduled to announce their Q2 FY27 results today. Track the latest earnings announcements, financial performance and market reaction live on NDTV Profit. — [Source](https://www.ndtvprofit.com/markets/q2-results-live-updates-bajaj-finance-hfcl-hindustan-zinc-ultratech-cement-union-bank-35-companies-to-announce-earnings-today-12204899)
- 2026-10-19 — Mint: **IREDA Q2 results 2026 today: PSU stock falls 28% in a year | Should you buy ahead of earnings?** — IREDA Q2 results 2026 today: The PSU stock has remained weak in the near-term by falling over 2% in a month and 16.40% in six months. — [Source](https://www.livemint.com/market/stock-market-news/ireda-q2-results-2026-today-psu-stock-falls-28-in-a-year-should-you-buy-ahead-of-earnings-11792377093454.html)
- 2026-10-19 — CNBC-TV18: **Q2 Results LIVE Updates: HDFC, ICICI, Axis, Yes Bank react to earnings; UltraTech, Bajaj Fin report today** — Q2 Results LIVE Updates: Bajaj Finance and UltraTech are the two important Nifty 50 results to watch today along with names like IREDA, Hindustan Zinc, Just Dial and others. HDFC, ICICI, Axis, Yes react to numbers as well. Watch this space for all the LIVE updates. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-today-ultratech-bajaj-fin-ireda-piramal-union-bank-hzl-hdfc-axis-icici-yes-hfcl-just-dial-share-price-liveblog-20014571.htm)
- 2026-10-18 — CNBC-TV18: **Q2 Results This Week: Bajaj Finance, Swiggy, Eternal among 100 companies report this truncated week** — A total of nearly 100 companies, including those part of the benchmark Nifty 50 index and the broader markets, will be reporting their results for the September quarter during the course of this week, which also happens to be a truncated one. Bajaj Finance, UltraTech, Infosys, Kotak Mahindra Bank, I — [Source](https://www.cnbctv18.com/photos/market/q2-results-this-week-bajaj-finance-infosys-swiggy-eternal-ireda-kotak-idfc-first-bank-jsw-steel-hpcl-bpcl-share-price-20014544.htm)
- 2026-10-18 — Mint: **Q2 results 2026 today Oct 19 Monday: Hindustan Zinc, IREDA, L&T Tech, Union Bank among 35 firms to announce earnings** — Indian benchmarks posted a second straight week of gains, with the Nifty and Sensex rising after a sharp recovery. Investors will watch quarterly earnings from 35 companies on October 19, including Bajaj Finance, Hindustan Zinc, UltraTech Cement and IREDA, as markets are expected to remain volatile. — [Source](https://www.livemint.com/market/stock-market-news/q2-results-today-hindustan-zinc-ireda-l-t-tech-union-bank-bajaj-finance-among-35-companies-to-announce-earnings-11792333351897.html)
- 2026-10-18 — Mint: **Energy stocks dividend leaderboard: Power Grid, NTPC, SJVN, NHPC or IREDA - Which power stock beats the rest on yield?** — Power Grid leads the five energy stocks in annual dividend yield at 3.08%, followed by NTPC at 2.63%. SJVN, NHPC and IREDA paid less than ₹2 per share in dividends over the past year, while their share-price returns varied. — [Source](https://www.livemint.com/market/stock-market-news/energy-stocks-dividend-leaderboard-power-grid-ntpc-sjvn-nhpc-or-ireda-which-power-stock-beats-the-rest-on-yield-11792318828215.html)
- 2026-10-18 — Times of India: **Stock market outlook: Geopolitical cues, earnings, foreign inflows & more to keep Dalal Street busy** — Stock markets are likely to track quarterly earnings, crude oil prices, foreign investor activity and developments in the Middle East in the — [Source](https://timesofindia.indiatimes.com/business/india-business/stock-market-outlook-geopolitical-cues-earnings-foreign-inflows-more-to-keep-dalal-street-busy/articleshow/135025850.cms)
- 2026-09-29 — MONEYCONTROL: **Trade Spotlight: How should you trade LIC Housing Finance, IREDA, Mahindra and Mahindra, Swiggy, Zydus Lifesciences, SAIL, and others on September 29?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,LIC Housing Finance,Indian Renewable Energy Development Agency,Mahindra and Mahindra,Swiggy,Central Depository Services,Pidilite Industries,Zydus Lifesciences,Steel Authority of India, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-lic-housing-finance-ireda-mahindra-and-mahindra-swiggy-zydus-lifesciences-sail-and-others-on-september-29-14040474.html)
- 2026-09-28 — BUSINESSTODAY: **IREDA, Engineers India, PNB: Top stocks to trade — Check key levels, target prices & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, Indian Renewable Energy Development Agency, Engineers India, Punjab National Bank, IREDA, IREDA shares, Engineers India shares, Punjab National Bank shares, PNB shares, IREDA share price, Engineers India share price, Punjab National Bank share price, PNB share price, IREDA stock price, Engineers India stock price, Punjab National Bank stock price, PNB stock price, IREDA target price, Engineers India target price, Punjab National Bank target price, PNB target price — [Source](https://www.businesstoday.in/markets/stocks/story/ireda-engineers-india-pnb-top-stocks-to-trade-check-key-levels-target-prices-stop-loss-558118-2026-09-28)
- 2026-09-23 — BUSINESSTODAY: **ESDS stock surges 302%, emerges as second-best new listing; stock that tops the list** — ESDS share price, ESDS share price today, ESDS shares, ESDS news, ESDS Software share price, ESDS Software  share price today, Paras Defence share price — [Source](https://www.businesstoday.in/markets/trending-stocks/story/esds-shares-surge-302-emerge-as-second-best-new-listing-stock-that-tops-the-list-557172-2026-09-23)
- 2026-09-22 — BUSINESSTODAY: **IREDA, Ola Electric, Adani Energy Solutions, Crisil, Supreme Petrochem: Expert shares outlook** — IREDA, Ola Electric, Adani Energy Solutions, Crisil, Supreme Petrochem, stock market, Nifty50, stock outlook, technical analysis, share price, stock picks, IREDA share price, Ola Electric share price, Adani Energy Solutions share price, Crisil share price, Supreme Petrochem share price, buy and sell levels, target price, stop loss — [Source](https://www.businesstoday.in/markets/trending-stocks/story/ireda-ola-electric-adani-energy-solutions-crisil-supreme-petrochem-expert-shares-outlook-557049-2026-09-22)
- 2026-08-05 — Economic Times: **IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times** — IREDA Share Price Today - Get live NSE/BSE quotes of IREDA with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- 2026-08-04 — The Hindu: **Q1 Results Today Live: Bharti Airtel, ONGC, Pidilite, Marico, Nykaa, Bharti Hexacom, NHPC, MCX, Godrej Properties, Kalyan Jewellers, Alembic, RITES, Zydus Wellness to announce Q1 results, Ather Energy, KEI, Sundaram Finance shares gain after Q1, DLF, UPL, Nazara, IREDA in red** — Q1 Results Today, 4th August 2026 Live Updates: Follow businessline for more — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bharti-airtel-ongc-pidilite-nykaa-marico-nhpc-mcx-godrej-properties-zydus-alembic-rites-kalyan-jewellers-uno-minda-tata-invest-united-breweries-results-04-august-2026/article71300717.ece)
- 2026-08-04 — The Hindu: **Sensex today | Stock Market Live: Sensex flat, Nifty down 190 pts to 24,580 as CAS correction weighs; RBI MPC meet outcome in focus** — Sensex, Nifty, Share Prices LIVE: Benchmark indices opened Tuesday’s session on a weak note, with the Nifty 50 trading lower by 175 points and the Sensex slipping modestly, as markets corrected after Monday’s sharp rally that analysts attributed partly to a technical distortion from the new Closing Auction Session mechanism. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-4th-august-2026/article71301258.ece)

## Business profile

**Strategic vision:** Financing renewable energy projects for sustainable development.

### Business segments
- **Solar Energy:** Provides financial assistance for projects involving solar power generation.
- **Wind Energy:** Supports the development of wind power projects through financial assistance.
- **Hydro Energy:** Extends financial assistance for initiatives in hydroelectric power generation.
- **Bio Energy:** Finances projects related to Biomass Power Generation, Bio Fuel/Bio Diesel production, and Biomass Cogeneration.
- **Waste to Energy:** Provides financial support for projects that convert waste materials into energy.
- **Energy Efficiency & Conservation:** Supports schemes that promote efficient energy use and conservation.
- **Compressed Bio-Gas (CBG) and Biomass Pellets / RDF:** Offers support for the production of bio-gas and biomass fuels.
- **Transmission Lines:** Finances infrastructure essential for the evacuation of renewable energy.
- **New & Emerging Technologies:** Supports the Electric Mobility Segment, including EV Fleet, Manufacturing, and Charging Infrastructure, as well as Smart Metering projects.

### Competitive strengths
- Government of India Enterprise operating under the Ministry of New and Renewable Energy.
- Notified Public Financial Institution under the Companies Act.
- Registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/ireda
Markdown representation: https://faxioms.com/stocks/ireda?render=md