The Indian Renewable Energy Development Agency (IREDA) is set to declare its fourth-quarter results for the financial year 2024–25 on Tuesday, April 15, following the conclusion of its scheduled board meeting. The update comes after the state-owned renewable energy financier released its business performance data earlier this month, showcasing robust growth in loans sanctioned and disbursed.

This announcement will be closely tracked by investors and analysts, especially amid a volatile stock performance and significant operational growth. The company has not indicated any corporate action such as a dividend announcement or bonus issue at this time.

Strong Growth in Loan Book and Disbursements

In the January-March 2025 quarter, IREDA recorded loan sanctions worth ₹47,453 crore, up 27% from ₹37,354 crore sanctioned in the same quarter last year. Loan disbursements for the period also rose 20% year-on-year to reach ₹30,168 crore.

The company’s outstanding loan book as of March 31, 2025, stood at ₹76,250 crore, which represents a 28% increase over ₹59,968 crore recorded at the end of March 2024. This performance underscores IREDA’s strong lending momentum and growing participation in India’s renewable energy financing landscape.

Such growth in loan book indicates a healthy pipeline of renewable energy projects in India and the continued relevance of IREDA as a key financial enabler in the clean energy transition.

Shareholding Pattern and Market Performance

While the company is yet to disclose the March quarter shareholding data, it had previously reported that the Government of India held a 75% stake in the company as of December 31, 2024. Additionally, retail investors (with investments of up to ₹2 lakh) accounted for 20% of the ownership, represented by 25.88 lakh retail shareholders.

This widespread retail participation highlights the trust in IREDA’s long-term potential, especially considering its key role in financing solar, wind, hydro, biomass, and other green energy projects.

Despite strong business growth, IREDA shares have witnessed notable volatility. On Monday, April 7, the stock ended at ₹151.4, down 3.2%, though it recovered significantly from the day’s low. The share price, however, remains 50% below its peak, raising investor concerns despite the company’s fundamental strength.

Why This Q4 Result Matters

Investors and market watchers are anticipating IREDA’s earnings release on April 15 as a key event that could trigger a re-rating of the stock. The company’s loan growth figures are strong, but the impact on revenues, profitability, and asset quality will be closely analysed.

Key metrics that the market will look for include:

• Net Profit and Revenue Growth

• Net Interest Margin (NIM)

• Gross and Net NPAs

• Disbursement breakdown by sector

• Future outlook and FY26 guidance

If the earnings reflect the operational strength already indicated in the loan update, IREDA stock could witness renewed investor interest, especially from institutional players and long-term ESG-focused funds.

Position in India’s Renewable Energy Ecosystem

IREDA plays a pivotal role as a public sector non-banking financial company (NBFC) under the administrative control of the Ministry of New and Renewable Energy (MNRE). It is instrumental in financing projects that align with India’s target of 500 GW non-fossil capacity by 2030.

The company has financed solar parks, wind farms, hydroelectric stations, biomass projects, and more, helping developers and corporations access affordable green finance. With the green financing space gaining traction globally, IREDA’s performance is a barometer for India’s energy transition progress.

The loan growth reported for Q4 also indicates that demand for clean energy financing remains resilient, even amid broader economic headwinds.

Retail Investor Watch: Patience May Be Rewarded

Retail shareholders, who form a large portion of IREDA’s shareholder base, have seen significant paper losses since the stock hit its all-time highs. However, long-term investors may find encouragement in the company’s solid business metrics.

With the upcoming Q4 results, there is potential for a turnaround in sentiment, especially if earnings confirm strong profitability and manageable NPAs. Further, clarity on dividends or capital infusion could also be potential triggers.

Looking Ahead

Going forward, IREDA’s performance will be influenced by:

• Government policies supporting renewable energy adoption

• RBI’s interest rate stance and its impact on borrowing costs

• Global climate finance trends

• Strategic partnerships and green bond issuance plans

• Capacity expansion among Indian clean energy developers

As India moves toward energy security and sustainability, IREDA will continue to play a central financing role, and its financial health will directly impact the pace of green infrastructure development.

With results around the corner, the market awaits confirmation of IREDA’s continued operational strength and how it translates to bottom-line gains.

The Upcoming IPOs in this week and coming weeks are Aten Papers & Foam.

The Closed IPOs are  Infonative Solutions Limited, Spinaroo Commercial Limited,Retaggio Industries Limited.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in .Choice Broking FinX