Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting

Audit Opinion:

Clean audit opinion (unmodified) from joint statutory auditors Shiv & Associates and Rao & Emmar

Key Financial Highlights [₹ in Crores]:

Standalone Results:

Quarter ended March 31, 2026:

  • Revenue from Operations: ₹2,174.95
  • Total Income: ₹2,180.90
  • Net Profit: ₹492.75
  • EPS: ₹1.76

Year ended March 31, 2026:

  • Revenue from Operations: ₹8,309.00
  • Total Income: ₹8,337.48
  • Net Profit: ₹1,873.34 (10.3% increase from ₹1,698.60 in FY25)
  • EPS: ₹6.73 (increased from ₹6.32 in FY25)
  • Other Equity: ₹10,972.12 (increased from ₹7,578.40)
  • Cash and Cash Equivalents: ₹14.64 (decreased from ₹29.84)
  • Debt: Total financial indebtedness of ₹77,845.63 comprising:
  • Debt Securities: ₹28,421.60
  • Borrowings (Other than Debt Securities): ₹46,166.69
  • Subordinated Liabilities: ₹3,257.34

Consolidated Results:

Year ended March 31, 2026:

  • Revenue from Operations: ₹8,310.41
  • Total Income: ₹8,338.89
  • Net Profit: ₹1,874.00
  • EPS: ₹6.73
  • Other Equity: ₹10,976.19

Segment-wise Performance:

The company's primary business is to provide finance for Renewable Energy & related projects, and all activities are carried out in India. There are no reportable segments as per Ind AS 108 Operating Segments.

Corporate Actions:

  • Recommended final dividend of ₹0.75 per equity share (7.50%) on face value of ₹10 each for FY 2025-26
  • This is in addition to interim dividend of ₹0.60 per share (6%) already paid
  • Total dividend for FY26: ₹1.35 per share
  • Dividend payment will be made exclusively through electronic mode
  • Record date for final dividend to be fixed and intimated later

Other Significant Information:

  • MOA Amendment: Board approved amendment to object clause of Memorandum of Association to expand business scope into new areas including green energy, clean energy, Carbon Capture Utilization and Storage (CCUS), energy transition, climate impact mitigation, Civil Nuclear Power Infrastructure, green building infrastructure/data centre etc.
  • Capital Raising: Board approved raising up to ₹2,994 crore through QIP with maximum 3.76% dilution of government holding
  • Previous QIP: In Tranche I of QIP (June 2025), raised ₹2,005.90 crore by issuing 12,14,66,562 shares at premium of ₹155.14 per share
  • Asset Quality: Gross NPA ratio at 3.49% (previous year: 2.45%), Net NPA ratio at 1.29% (previous year: 1.35%)
  • Capital Adequacy: CRAR at 20.59% (previous year: 17.77%)
  • Impairment: Cumulative impairment allowance stands at ₹2,689.14 crore (previous year: ₹1,920.24 crore)
  • ₹394.00 crores of accounts classified as Stage II/Standard instead of Stage III/NPA pursuant to interim court orders

Entities in Consolidation:

  • Indian Renewable Energy Development Agency Limited (Holding Company)
  • IREDA Global Green Energy Finance IFSC Limited (Subsidiary Company) - Total assets: ₹33.75 crores