Green Energy NBFC Company Reports Strong Q4 FY25 Results With 36.87 Per Cent Revenue Growth and 48.73 Per Cent PAT Increase
The stock has given 4 per cent returns in the last 1 year while 233 per cent returns since its listing in November 2023.
Yesterday, Indian Renewable Energy Development Agency Ltd (IREDA) witnessed a notable performance, closing at Rs 167.10, marking a rise of Rs 12.95 (+8.40 per cent) from its previous day's closing price. The company announced its financial result for Q4 FY25 and FY25.
In the Quarterly Results of March 2025, the company reported a revenue of Rs 1,904.15 crore, reflecting a YoY growth of 36.87 per cent compared to Rs 1,391.25 crore in March 2024. The operating profit stood at Rs 1,733.85 crore, marking a 29.82 per cent increase from Rs 1,335.63 crore in the same quarter last year. The profit after tax (PAT) increased by 48.73 per cent to Rs 501.79 crore from Rs 337.38 crore in March 2024.
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In FY25, the company posted a revenue of Rs 6,742.41 crore, registering a 35.79 per cent growth compared to Rs 4,965.23 crore in FY24. The net profit for the year stood at Rs 1,698.60 crore, up 35.65 per cent from Rs 1,252.23 crore in the previous financial year.
Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI.
The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The Ministry of New and Renewable Energy, Government of India has given IREDA the 'Navaratna Status. RBI classified company as “Infrastructure Finance Company”. The stock has given 4 per cent returns in the last 1 year while 233 per cent returns since its listing in November 2023.
With a PE ratio of 26.42x, the company trades at a premium compared to the industry PE of 24.1. The company has ROCE of 9.57 per cent and ROE of 18.05 per cent. Market capitalisation stands at Rs 44,880.30 crore, with a current price of Rs 166.98. Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.