IREDA Share Price Zoomed Over 5% Ahead of Q4FY25 Results on April 15

On April 15, 2025, IREDA share price rose over 5% in the morning trade, reaching a day high of 161.90 at 10:20 AM. The gain in IREDA share price is ahead of its scheduled Q4FY25 earnings today, April 15.

IREDA Business Update for FY25

The provisional business performance of IREDA for the fiscal year ending on March 31, 2025, shows notable growth across key metrics. Loan sanctions amounted to ₹47,453 crore, reflecting a 27% increase compared to ₹37,354 crore in the previous year. Loan disbursements also saw a 20% rise, reaching ₹30,168 crore, up from ₹25,089 crore in 2024. Additionally, the loan book outstanding at the end of the year stood at ₹76,250 crore, marking a 28% growth from ₹59,698 crore the year before.

Signing of ECB Facility

In March 2025, Indian Renewable Energy Development Agency Limited (IREDA) signed a Facility Agreement to raise External Commercial Borrowing (ECB) from the State Bank of India’s Tokyo Branch, amounting to JPY 26 billion, which includes a Green Shoe Option of JPY 10 billion. This unsecured, 5 -year facility, with a bullet repayment at maturity, is designed to enhance IREDA’s presence in global markets. The landed cost, after hedging, is expected to remain below 7%, making it a more cost-effective option compared to similar-tenure loans available in the domestic market.

Furthermore, IREDA maintains a strong international credit rating of ‘BBB-’ for long-term and ‘A-3’ for short-term, with a stable outlook, as assigned by S&P Global. This reflects the organization’s commitment to high standards of corporate governance and reinforces its credibility in the international financial markets.

Commenting on the agreement, Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, stated, “This facility enables us to diversify our resource base and optimize costs, enhancing our lending operations to support India’s renewable energy sector. The transaction reflects the strong confidence of global investors in IREDA’s financial stability and growth potential.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.