Do you know about IREDA or Indian Renewable Energy Development Agency Limited? It is a Public Limited Government Company and a Non-Banking Financial Institution formed to promote, develop and extend financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It is one of the best stocks under the Finance – NBFC (Non-Banking Financial Company) sector.
In this post, we will share the complete overview and analysis of IREDA Share Price Target for the upcoming years: 2025, 2030, 2035, 2040, 2045 & 2050. You will get the complete analysis of fundamental and grith aspects, which can help you to decide whether to invest or not in IRDEA Stock. Stay tuned for more details.
About Indian Renewable Energy Dev Agency (IRDEA) Ltd
Indian Renewable Energy Development Agency Limited (IREDA), incorporated in 1987, is a Navratna Organisation owned by the Government of India. IRDEA is an Indian public sector enterprise which provides financial assistance and other services to projects related to renewable sources of energy and energy efficiency/conservation. The Ministry of New and Renewable Energy (MNRE) administratively controls the company. IRDEA headquarters are situated at the India Habitat Centre in New Delhi. The company’s vision is to expand & transition renewable energy towards affordability, scalability & establish sustainability in India.
The objective of IRDEA is to finance renewable energy projects and also the setting up of solar manufacturing units. The company supports green power capacity and also provides assistance to encourage the use of renewable energy to foster sustainable growth. The company is the nation’s largest pure-play green financing NBFC. IRDEA offers a wide range of financial products and related services for renewable energy (RE) projects and other value chain activities such as equipment manufacturing and transmission, from project conception to post-commissioning.
IRDEA Project & Portfolios
- The company has financed projects across multiple Renewable Energy sectors such as solar power, wind power, hydropower, biomass, transmission, including bagasse and industrial co-generation, waste-to-energy, ethanol, compressed biogas, hybrid RE, EEC, and green-mobility.
- Indian Renewable Energy Development Agency Limited (IREDA) has a geographically diversified portfolio across 23 states and 4 union territories in FY24.
- The company has a diversified loan book of ₹64,564 Cr as of H1FY25. The company disbursed ~₹9800 Cr in H1FY25 itself.
IREDA Share Price Historical Performance
The IREDA went public with an initial public offering (IPO), listing on the NSE and BSE in November 2023. The company initiated with a total issue size of 67,19,41,177 shares (aggregating up to ₹2,150.21 Cr) with ₹32 per share. From December 2023 to December 2024 share price increased from ₹62.75 to ₹196.94. The stock rose by +₹134.19(213.85%). In January 2025, the stock share price reached ₹230.55. But, in recent days, the share price decreased by a decent percentage, but as per the expert’s analysis, it will give a heavy return by the end of 2025.
IRDEA Financial Overview
| Metric | Value |
| Market Cap | ₹43,059 Cr. |
| 52-Week High | ₹310 |
| 52-Week Low | ₹137 |
| Face Value | ₹10.0 |
| Book Value | ₹38.2 |
| Return on Equity (ROE) | 18.0 % |
| Return on Capital Employed (ROCE) | 9.57 % |
| P/B Ratio | 4.19 |
| P/E Ratio | 25.3 |
| Dividend Yield | 0.00 % |
| EPS | ₹6.32 |
| Sales Growth (YoY) | 36.87 (March 2025-Q4) |
| Profit Growth (YoY) | 48.73% (March 2025) |
| Promoter Holding | 75% |
| Net Profit Margin | 72.96% (+10.85%) |
| Debt-to-Equity Ratio | 6.3060 (March 2025) |
Overview of IREDA Share Price Target 2025 to 2050
| Years | Targets (Rs) |
|---|---|
| 2025 | ₹130 – ₹258 |
| 2026 | ₹250 – ₹400 |
| 2027 | ₹380 – ₹620 |
| 2028 | ₹500 – ₹700 |
| 2029 | ₹700 – ₹980 |
| 2030 | ₹840 – ₹1050 |
| 2035 | ₹1450 – ₹1544 |
| 2040 | ₹2300 – ₹2500 |
| 2045 | ₹2890 – ₹3000 |
| 2050 | ₹3300 – ₹3700 |
Read Also: Reliance Power Share Price Target 2025 to 2050
IREDA Share Price Target 2025
Indian Renewable Energy Development Authority Limited has given a higher share price at the start of 2025 with RS 230 on 3rd January 2025. Still, after that, the share price of IREDA has been observed a be in decline and currently they are stable with the average share price of 160 in the first week of May 2025. The variation in share price is very challenging for investors in the company, as they may face a loss if the company does not recover its share price by the end of 2025.
However, after touching the minimum share price of Rs 139 on 17th March 2025, the company’s performance is continuously increasing, and it is on its way to recovering the share price. The share price is expected to range between 130 rupees and 258 rupees in 2025.
| IREDA Share Price Target 2025 | Amount in Rupees |
| Minimum Share Price | Rs. 130/- |
| Maximum Share Price | Rs. 258/- |
IREDA Share Price Target 2026
With a total market cap of 43652 crore rupees, IREDA is ranging 2.62 crore rupees average volume in 2025. With the rapidly growing energy sector, the company is implementing new and renewable energy technology to establish 22nd century power infrastructure in India. The growth performance of the company indicates that they can range a share price between 250 rupees and to maximum of 400 rupees by the end of 2026.
| IREDA Share Price Target 2026 | Amount in Rupees |
| Minimum Share Price | Rs. 250/- |
| Maximum Share Price | Rs. 400/- |
IREDA Share Price Target 2027
The quarterly report for 2025 has been published by the Indian Renewable Energy Development Agency- IREDA. According to the report, the company have reported total revenue of 687 crore rupees in the first quarter of 2025. It is a 34.10% increment in the Revenue of the company as compared to the December quarter of 2024.
The operating expenses have also increased by 72.58% in this quarter, with 61.57 crore rupees. After deducting these expenses, the company is still managing 502 crore rupees in net income in the March quarter of 2025. Such increments in share price of the company that they can record a range of share prices between 380 rupees to 620 in 2027.
| IREDA Share Price Target 2027 | Amount in Rupees |
| Minimum Share Price | Rs. 380/- |
| IREDA Share Price Target 2027 | Rs. 620/- |
IREDA Share Price Target 2028
Currently, the company owns total Assets of more than the worth of 79735 crore rupees in May 2025. The Assets of the company are regularly growing at a rate of 24% to a maximum of 34%. Apart from liabilities liability of the company is also jumping by a 32% hike in value of 59412 crore rupees. Sach calculations are ranging the total equity of the company between 9336 crore rupees.
Although it is important to grow more assets to maintain the balance between assets and liabilities. Liabilities are growing at approximately semi-speed, which can be harmful for the company in future. Currently the company is in profit and is expected to range a shfrompa a rice with h minimum of 500 rupees tof of o marupees ximum 700 rupees in 2028
| IREDA Share Price Target 2028 | Amount in Rupees |
| Minimum Share Price | Rs. 500/- |
| Maximum Share Price | Rs. 700/- |
IREDA Share Price Target 2029
According to the report on National Stock Exchange- NSE, the company has recorded from maximum share price of 310 on 15th July 2024 in past 52 weeks. However, the minimum share price was recorded on 17th March 2025 with 137.01 rupees. According to this data, the annual volatility of the company is approximately Rs 60.56, while the daily volatility of the share price is 3.17, which can grow or reduce the share price by 3.17 or more according to the trend.
Since the company recorded a minimum share price in the 5th week in the past 2ths but compared to the current share price of IREDA, ie May 2025, the Company have increased Rs 20 in share price, which is approximately 14.59% implement in the share price. This progress can give a target share price of Rupees 700 to o maximum of Rupees 980.
| IREDA Share Price Target 2029 | Amount in Rupees |
| Minimum Share Price | Rs. 700/- |
| Maximum Share Price | Rs. 980/- |
IREDA Share Price Target 2030
The energy sector is the fastest-growing sector in India, which is offering multiple ways to use renewable energy to households, including windmills, solar panels, solar plants, etc. People are looking to install an affordable Solar Plant with a government subsidy to reduce the electricity bill for the next 10 years. Indian renewable energy development agency will also benefit from this Trend and will give a maximum share price of 1050 rupees or more in 2030, as it is the target year of the government as well as financial agencies in India to achieve their goals..
| IREDA Share Price Target 2030 | Amount in Rupees |
| Minimum Share Price | Rs. 840/- |
| Maximum Share Price | Rs. 1050/- |
IREDA Share Price Target 2035
Good leadership of the company will allow investors to earn more money in the IREDA share. Long-term investors are looking stable company which is Managing their business with long-term goals and has a clear vision towards the future. Indian Renewable Energy Development Agency is already working with a futuristic vision to offer renewable energy services at an affordable price. It can give a maximum benefit to long-term investors, where they can see a share price between 1450 rupees to 1544 rupees in 2035.
| IREDA Share Price Target 2035 | Amount in Rupees |
| Minimum Share Price | Rs. 1450/- |
| Maximum Share Price | Rs. 1544/- |
IREDA Share Price Target 2040
The revenue of the company was 833 crore rupees in 2021. Now, they are reporting 2335 crore rupees revenue in 2025. It is approximately a 180.31% increment in the revenue in the last 5 years. However, share prices have been facing an upward trend and a downfall in the past 5 years, but the company is growing rapidly and earning more assets. Shareholders can see a maximum share price of 2500 rupees in 2040 in this growing pattern.
| IREDA Share price target 2040 | Amount in Rupees |
| Minimum Share Price | Rs. 2300/- |
| Maximum Share Price | Rs. 2500/- |
IREDA Share Price Target 2045
If we set the art after the COVID period from December 2023, then we can see the price of the share was Rs. 62.75. Now the share price of the company is 158 rupees in May 2025. However, shares were at their peak last year in July 2025 with a maximum 310 rupees share price.
Currently, the share price has dropped by 50% as compared to July 2025, but the overall performance is in profit, where earlier investors are still in a position to share their share price at high rates. They can get more benefits if they invest their savings for next, the next 20 years, where they can see up to 3000 share price by the end of 2045.
| IREDA Share price target 2045 | Amount in Rupees |
| Minimum Share Price | Rs. 2890/- |
| Maximum Share Price | Rs. 3000/- |
IREDA Share Price Target 2050
Renewable energy is not only getting attention from households but also getting offers from the government. The central government is running multiple programs such as PM SuryaGhar Yojana, solar rooftop scheme, “Har Ghar Bijali Yojana and other programs which are focusimplementationplantation of Solar plants on the rooftop of residential houses.
The demand for electricity, as well as the high price of electricity, leads individuals to switch their energy resources from solar companies are working to achieve their goal in the renewable energy sector, which is expected to range from a share price target between 3300 rupees to 3700 rupees in 2050.
| IREDA Share price target 2050 | Amount in Rupees |
| Minimum Share Price | Rs. 3300/- |
| Maximum Share Price | Rs. 3700/- |
Read Also: Bajaj Housing Finance Share Price Target 2025 to 2050
IREDA Investment Risk & Opportunity
Risk Factors to Invest in IREDA
IREDA is trading at 4.19 times its book value. Though the company is reporting repeated profits, it is not paying out dividends. It has a low interest coverage ratio and might be capitalising the interest cost. IREDA Working capital days have increased from 1,185 days to 3,897 days. Pledged promoter holdings are insignificant.
IREDA Stock Investment Opportunity
- The IREDA is top leading brand in the NBFI to finance in Renewable Energy Sector. The company is expected to give a good quarter and has also delivered good profit growth of 51.3% CAGR over last 5 years. Net profit of Indian Renewable Energy Development Agency rose 48.66% to Rs 501.55 crore in the quarter ended March 2025.
- It has the potential to grow as per the Market expansion of the RE Sector. The company is financing the national and global RE Projects. The company is consistently increasing IREDA`s share in the renewable energy sector by way of innovative financing. As per the experts, the investors can but the share of IREDA.
Shareholding Pattern
| Category | Shareholding (%) |
|---|---|
| Promoters | 75.00% |
| Foreign Institutions (FIIs) | 1.74% |
| Domestic Institutions (DIIs) | 0.51% |
| Public | 22.74% |
IREDA Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating Activities | -3,206.42 | -5,254.12 | -12,343.08 | -11,099.64 | -14,461.40 |
| Investing Activities | -2.10 | -107.12 | -17.21 | -23.16 | -543.38 |
| Financing Activities | 2,441.18 | 5,271.40 | 12,367.64 | 11,058.56 | 14,960.40 |
| Net Cash Flow | -767.34 | -89.84 | 7.36 | -64.24 | -44.37 |
IREDA Ltd Peer Comparison
| Stock Name | M. Cap (Cr) | 1 Yr Return (%) | P/E (TTM) | PB Ratio |
|---|---|---|---|---|
| Indian Railway Finance Corporation Ltd | 1,564.82 | -23.07% | 24.05 | 3.04 |
| Power Finance Corporation Ltd | 1,323.51 | -8.39% | 5.93 | 1.20 |
| REC Ltd | 1,070.93 | -21.27% | 6.83 | 1.45 |
| Housing & Urban Development Corporation Ltd | 419.44 | -2.00% | 15.47 | 2.52 |
| Indian Renewable Energy Development Agency Ltd | 430.85 | (Not Available) | 25.33 | 4.61 |
| IFCI Ltd | 108.85 | -23.70% | 107.55 | 1.83 |
| Tourism Finance Corporation of India Ltd | 18.96 | +22.07% | 20.33 | 1.64 |
Conlcusion
IREDA is one of the best stocks as per financial stability and strong fundamentals. With a market cap of ₹43,066 cr, the stock is ranked 195. As the energy sector is getting stronger, supported by the government, and its market is growing, IREDA will also expand its products and services to capture the huge growth in the renewable energy sector in the upcoming years. However, investors have to analyse all the aspects, trends and micro-economics factors before investing in IREDA Stocks and also consult with experts.
FAQs
What is the future price of IREDA in 2025?
The expected share price of IREDA in 2025 could be ₹130 – ₹258.
What is the price target of IREDA in 2030?
The IREDA Share Price Target is expected to reach between ₹840 – ₹1050 in 2030.
What is the target price of IREDA in 2040?
The target share price of IREDA can fluctuate between ₹2300 – ₹2500 in 2040.
Disclaimer: Stock market investments are subject to risks. The provided information is given for educational purposes. The predictions provided are based on research and past trends, and investors should do their own analysis before making financial decisions. Make sure to ask and consult with industry experts and investors