INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

Cash flow Indian Renewable Energy Development Agency Limited

Equities

IREDA

INE202E01016

Corporate Financial Services

End-of-day quote NSE India S.E. Other stock markets 10/03/2026			5-day change	1st Jan Change
116.97 ^INR	+2.29%		+0.90%	-16.39%

02/03	Indian Renewable Energy Development Agency Limited Announces Changes in Management, Effective March 02, 2026	CI
06/02	Ireda approved fundraise via share issue worth up to 29.94 billion rupees	RE

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Published financial data: INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	2.57TCr	2.71TCr	3.37TCr	4.82TCr	6.58TCr
Interest Expense, Total	1.44TCr	1.47TCr	1.99TCr	3.16TCr	4.14TCr
Net Interest Income	1.13TCr	1.24TCr	1.39TCr	1.66TCr	2.44TCr
Commission and Fees	34Cr	106.39Cr	37Cr	60Cr	96Cr
Gain (Loss) on Sale of Investments, Total (Rev)	-	2.01Cr	-	-	-
Other Revenues, Total	15Cr	41Cr	40Cr	83Cr	42Cr
Revenues Before Provison For Loan Losses	1.17TCr	1.39TCr	1.46TCr	1.8TCr	2.57TCr
Provision For Loan Losses	341.64Cr	179.9Cr	67Cr	-67Cr	237.23Cr
Total Revenues	833.26Cr	1.21TCr	1.4TCr	1.87TCr	2.34TCr
Salaries And Other Employee Benefits	47Cr	59Cr	63Cr	71Cr	82Cr
Cost of Services Provided, Total	23Cr	20Cr	32Cr	22Cr	40Cr
Depreciation & Amortization - (IS) - (Collected)	23Cr	23Cr	23Cr	30Cr	39Cr
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	101.04Cr	228.58Cr	114.84Cr	77Cr	39Cr
Total Operating Expenses	193.89Cr	330.27Cr	233.15Cr	199.7Cr	199.94Cr
Operating Income	639.37Cr	879.77Cr	1.16TCr	1.67TCr	2.14TCr
Income (Loss) on Equity Invest.	-3L	-	-	-	-
Currency Exchange Gains (Loss)	-70Cr	-46Cr	-24Cr	17Cr	-42Cr
Other Non Operating Income (Expenses)	-	-1T	-	-	10Cr
EBT, Excl. Unusual Items	569.5Cr	833.88Cr	1.14TCr	1.69TCr	2.1TCr
Gain (Loss) on Sale of Assets	-95T	-4L	-13.01L	-	-54L
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	569.49Cr	833.84Cr	1.14TCr	1.69TCr	2.1TCr
Income Tax Expense	223.11Cr	200.31Cr	274.62Cr	433.01Cr	405.2Cr
Earnings From Continuing Operations	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Net Income to Company	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Net Income - (IS)	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Net Income to Common Incl Extra Items	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Net Income to Common Excl. Extra Items	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Per Share Items
Net EPS - Basic	4.41	8.03	3.78	5.16	6.32
Basic EPS - Continuing Operations	4.41	8.03	3.78	5.16	6.32
Basic Weighted Average Shares Outstanding	78Cr	79Cr	228.46Cr	242.68Cr	268.72Cr
Net EPS - Diluted	4.41	8.03	3.78	5.16	6.32
Diluted EPS - Continuing Operations	4.41	8.03	3.78	5.16	6.32
Diluted Weighted Average Shares Outstanding	78Cr	79Cr	228.46Cr	242.68Cr	268.72Cr
Normalized Basic EPS	4.54	6.61	3.12	4.34	4.89
Normalized Diluted EPS	4.54	6.61	3.12	4.34	4.89
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
Total Revenues (As Reported)	2.66TCr	2.87TCr	3.48TCr	4.97TCr	6.76TCr
Effective Tax Rate - (Ratio)	39.18	24.02	24.11	25.69	19.26
Current Domestic Taxes	291.62Cr	311.2Cr	253.17Cr	-	-
Total Current Taxes	291.62Cr	311.2Cr	253.17Cr	413.03Cr	471.31Cr
Deferred Domestic Taxes	-69Cr	-110.88Cr	21Cr	-	-
Total Deferred Taxes	-69Cr	-110.88Cr	21Cr	20Cr	-66Cr
Normalized Net Income	355.94Cr	521.17Cr	712.11Cr	1.05TCr	1.32TCr
Non-Cash Pension Expense	1.06Cr	1.52Cr	-3L	-	-26L

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	221.02Cr	131.17Cr	138.53Cr	735.89Cr	561.65Cr
Long-Term Investments - (FS Template)	53.42L	99Cr	99Cr	124.76Cr	601.73Cr
Trading Asset Securities, Total	403.09Cr	398.33Cr	574.05Cr	483.78Cr	487.89Cr
Loans and Lease Receivables - (FS Template)	27TCr	33TCr	46TCr	59TCr	75TCr
Other Receivables	1.65TCr	1.65TCr	1.66TCr	161.42Cr	1.68TCr
Gross Property Plant And Equipment	353.74Cr	485.84Cr	500.44Cr	-	538.5Cr
Accumulated Depreciation	-88Cr	-109.75Cr	-132.47Cr	-	-195.22Cr
Net Property Plant And Equipment	266Cr	376.09Cr	367.96Cr	356.28Cr	343.28Cr
Other Intangibles, Total	10.61L	3.16Cr	4.87Cr	4.78Cr	5.49Cr
Restricted Cash	105.61Cr	107.71Cr	334.29Cr	-	135.39Cr
Other Current Assets, Total	407.03Cr	444.47Cr	740.18Cr	-	242.24Cr
Deferred Tax Assets Long-Term (Collected)	210.99Cr	322.06Cr	301Cr	289.44Cr	360.57Cr
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	126.67Cr	4L	3L	1.67TCr	1.45Cr
Total Assets	30TCr	37TCr	50TCr	63TCr	80TCr
Liabilities
Accounts Payable, Total	80Cr	5.17Cr	4.57Cr	7.3Cr	9.12Cr
Accrued Expenses, Total	424.84Cr	490.1Cr	556.56Cr	-	1.12TCr
Short-Term Borrowings	1.26TCr	384.02Cr	1.15TCr	208.02Cr	246.12Cr
Current Portion of Long-Term Debt	-	2.25TCr	7.52TCr	-	12TCr
Current Portion of Leases	74.66L	26.05L	30.02L	-	74L
Long-Term Debt	25TCr	27TCr	33TCr	50TCr	54TCr
Long-Term Leases	4.59Cr	4.33Cr	4.03Cr	-	3.16Cr
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	23Cr	-	160.9Cr
Unearned Revenue Non Current	13Cr	19Cr	33Cr	-	74Cr
Pension & Other Post Retirement Benefits	9.94Cr	12Cr	14Cr	-	4L
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	989.32Cr	1.41TCr	1.88TCr	4.14TCr	1.6TCr
Total Liabilities	27TCr	31TCr	45TCr	54TCr	69TCr
Common Stock, Total	784.6Cr	2.28TCr	2.28TCr	2.69TCr	2.69TCr
Additional Paid In Capital	-	-	-	-	864.26Cr
Retained Earnings	2.29TCr	2.87TCr	3.69TCr	-	6.58TCr
Comprehensive Income and Other	-77Cr	108.77Cr	-41Cr	5.87TCr	130.33Cr
Total Common Equity	3TCr	5.27TCr	5.94TCr	8.56TCr	10TCr
Total Equity	3TCr	5.27TCr	5.94TCr	8.56TCr	10TCr
Total Liabilities And Equity	30TCr	37TCr	50TCr	63TCr	80TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78Cr	228.46Cr	228.46Cr	268.78Cr	268.78Cr
ECS Total Common Shares Outstanding	78Cr	228.46Cr	228.46Cr	268.78Cr	268.78Cr
Book Value / Share	38.18	23.06	25.98	31.85	38.2
Tangible Book Value	3TCr	5.26TCr	5.93TCr	8.55TCr	10TCr
Tangible Book Value Per Share	38.18	23.05	25.96	31.83	38.18
Total Debt	26TCr	30TCr	42TCr	50TCr	67TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.41Cr	6.34Cr	6.45Cr	-	16Cr
Net Debt	25TCr	29TCr	41TCr	49TCr	65TCr
Equity Method Investments, Total	53.42L	-	-	-	-
Full Time Employees	157	156	160	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	346.38Cr	633.53Cr	864.63Cr	1.25TCr	1.7TCr
Depreciation, Depletion & Amortization	23Cr	23Cr	23Cr	30Cr	38Cr
Total Depreciation, Depletion & Amortization	23Cr	23Cr	23Cr	30Cr	38Cr
Amortization of Deferred Charges, Total	7L	6L	4L	-	85L
(Gain) Loss On Sale of Asset - (CF)	96T	4L	13.01L	64.29L	-
(Gain) Loss on Sale of Investments - (CF)	12Cr	1.35Cr	12Cr	-78Cr	13Cr
Total Asset Writedown	-	-	-	-	54L
Provision for Credit Losses	341.64Cr	192.92Cr	67Cr	-	237.23Cr
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Change in Trading Asset Securities	-	-	-	-	-
Change in Accounts Payable	14Cr	-17Cr	-25.8L	2.8Cr	1.82Cr
Change in Other Net Operating Assets (Collected)	-4.1TCr	-6.15TCr	-13TCr	-12TCr	-16TCr
Other Operating Activities	156.78Cr	63Cr	120.44Cr	83Cr	-38Cr
Cash from Operations	-3.21TCr	-5.25TCr	-12TCr	-11TCr	-14TCr
Capital Expenditure	-2.1Cr	-5.02Cr	-16Cr	-19Cr	-26Cr
Sale of Property, Plant, and Equipment	31T	4L	10L	14.7L	32L
Purchase / Sale of Intangible Assets	-	-3.11Cr	-1.75Cr	-4.52Cr	-1.93Cr
Investment in Marketable and Equity Securities, Total	-	-99Cr	-	-	-490.39Cr
Other Investing Activities, Total	-	-	-1T	-	-
Cash from Investing	-2.1Cr	-107.12Cr	-17Cr	-23Cr	-517.65Cr
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	2.59TCr	3.77TCr	12TCr	9.8TCr	13TCr
Total Debt Issued	2.59TCr	3.77TCr	12TCr	9.8TCr	13TCr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-150.6Cr	-81.35L	-25.27L	-27.16L	-29L
Total Debt Repaid	-150.6Cr	-81.35L	-25.27L	-27.16L	-29L
Issuance of Common Stock	-	1.5TCr	-	1.29TCr	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-31Cr	2.16TCr
Cash from Financing	2.44TCr	5.27TCr	12TCr	11TCr	15TCr
Miscellaneous Cash Flow Adjustments	-	-	2T	1T	-
Net Change in Cash	-767.34Cr	-90Cr	7.36Cr	-64Cr	-17Cr
Supplemental Items
Cash Income Tax Paid (Refund)	152.4Cr	306.6Cr	-1.25TCr	372.35Cr	563.99Cr
Net Debt Issued / Repaid	2.44TCr	3.77TCr	12TCr	9.8TCr	13TCr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.2	1.89	1.98	2.22	2.39
Return On Equity %	12.56	15.33	15.44	17.28	18.04
Return on Common Equity	12.56	15.33	15.44	17.28	18.04
Margin Analysis
Gross Profit Margin %	99.31	99.5	99.58	100	99.7
SG&A Margin	7.73	5.98	6.36	4.97	4.91
Income From Continuing Operations Margin %	41.57	52.36	61.91	67.02	72.73
Net Income Margin %	41.57	52.36	61.91	67.02	72.73
Net Avail. For Common Margin %	41.57	52.36	61.91	67.02	72.73
Normalized Net Income Margin	42.72	43.07	50.99	56.37	56.31
Asset Turnover
Asset Turnover	0.03	0.04	0.03	0.03	0.03
Short Term Liquidity
Current Ratio	16.78	11.48	5.37	279.38	5.69
Quick Ratio	16.49	11.3	5.25	279.38	5.67
Operating Cash Flow to Current Liabilities	-1.81	-1.68	-1.33	-51.55	-1.05
Long Term Solvency
Total Debt/Equity	860.6	560.09	707.68	582.92	647.77
Total Debt / Total Capital	89.59	84.85	87.62	85.36	86.63
LT Debt/Equity	818.38	510.11	561.61	580.49	526.19
Long-Term Debt / Total Capital	85.19	77.28	69.53	85	70.37
Total Liabilities / Total Assets	90.11	85.65	88.23	86.33	87.12
Tier 1 Capital Ratio %	12.91	17.6	15.71	18.08	15.15
Total Capital Ratio %	17.12	21.22	18.82	20.11	17.77
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	66.49	45.22	15.41	40.69	29.39
Gross Profit, 1 Yr. Growth %	66.59	45.49	15.51	40.69	29.52
Earnings From Cont. Operations, 1 Yr. Growth %	61.4	82.9	36.48	44.83	35.62
Net Income, 1 Yr. Growth %	61.4	82.9	36.48	44.83	35.62
Normalized Net Income, 1 Yr. Growth %	136.13	46.42	36.64	47.93	24.81
Diluted EPS Before Extra, 1 Yr. Growth %	61.22	82.09	-52.93	36.51	22.48
Common Equity, 1 Yr. Growth %	18.79	75.86	12.66	44.22	19.94
Total Assets, 1 Yr. Growth %	9.55	21.18	37.43	24.09	27.37
Tangible Book Value, 1 Yr. Growth %	18.79	75.76	12.64	44.25	19.95
Cash From Operations, 1 Yr. Growth %	87.58	63.86	134.92	-10.07	30.27
Capital Expenditures, 1 Yr. Growth %	1.08T	138.79	210.05	20.79	36.51
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	11.57	55.49	29.46	29.92	32.61
Gross Profit, 2 Yr. CAGR %	11.6	55.68	29.63	29.92	32.4
Earnings From Cont. Operations, 2 Yr. CAGR %	17.74	71.81	57.99	40.59	40.15
Net Income, 2 Yr. CAGR %	17.74	71.81	57.99	40.59	40.15
Normalized Net Income, 2 Yr. CAGR %	21.58	85.94	41.44	42.16	35.9
Diluted EPS Before Extra, 2 Yr. CAGR %	17.76	71.34	-7.42	-19.84	29.3
Common Equity, 2 Yr. CAGR %	7.66	44.54	40.76	27.47	31.52
Total Assets, 2 Yr. CAGR %	11.15	15.22	29.05	30.59	25.72
Tangible Book Value, 2 Yr. CAGR %	7.67	44.5	40.7	27.47	31.54
Cash From Operations, 2 Yr. CAGR %	-20.06	75.32	96.2	45.35	8.23
Capital Expenditures, 2 Yr. CAGR %	-76.01	431.23	172.1	52.04	28.4
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.64	21.81	40.78	30.89	28.25
Gross Profit, 3 Yr. CAGR %	1.48	21.92	40.94	31.19	28.12
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.22	36.36	59.12	53.48	38.92
Net Income, 3 Yr. CAGR %	-2.22	36.36	59.12	53.48	38.92
Normalized Net Income, 3 Yr. CAGR %	1.85	29.36	67.79	43.57	36.14
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.24	36.17	11.39	5.37	-7.67
Common Equity, 3 Yr. CAGR %	7.47	26.79	33.02	41.9	24.91
Total Assets, 3 Yr. CAGR %	14.13	14.4	22.19	27.37	29.51
Tangible Book Value, 3 Yr. CAGR %	7.48	26.77	32.98	41.88	24.91
Cash From Operations, 3 Yr. CAGR %	20.05	1.54	93.28	51.27	40.14
Capital Expenditures, 3 Yr. CAGR %	-65.99	-48.4	343.95	107.57	46.67
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.94	23.49	11.97	22.79	36.08
Gross Profit, 5 Yr. CAGR %	8.83	23.47	11.92	22.97	36.2
Earnings From Cont. Operations, 5 Yr. CAGR %	3.06	24.7	18.47	38.04	51.24
Net Income, 5 Yr. CAGR %	3.06	24.7	18.47	38.04	51.24
Normalized Net Income, 5 Yr. CAGR %	6.26	20.93	16.15	34.33	54.22
Diluted EPS Before Extra, 5 Yr. CAGR %	3.04	24.57	-4.34	10.17	18.23
Common Equity, 5 Yr. CAGR %	5.46	16.76	19.72	27.06	32.42
Total Assets, 5 Yr. CAGR %	18.07	14.32	19.88	20.62	23.59
Tangible Book Value, 5 Yr. CAGR %	5.47	16.75	19.7	27.05	32.4
Cash From Operations, 5 Yr. CAGR %	8.48	32.6	46.12	17.21	53.27
Capital Expenditures, 5 Yr. CAGR %	-23.73	-55.75	-21.86	-12.44	170.29
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-