IREDA is prominent in India’s renewable energy market and has attracted investors’ attention towards its share price benchmarks. The ireda share price target has a much-anticipated investment that will bring about much more growth with the growing appeal towards green energy solutions.
Table of Contents
About the Company
IREDA is Government of India enterprise incorporated in 1987 under the Ministry of New and Renewable Energy (MNRE). IREDA majors to finance, develop and extend financial assistance for renewable energy ventures for the country’s vision of achieving the position of global giant in Renewable Energy. ireda share price target over the years has emerged as the major financier of solar, wind, hydro, biomass and other renewable power projects in India.
IREDA’s function is rather critical as it helps in mobilization of funds for renewable projects through its link between the government policies and the requirements of the renewable energy industry. Promoting sustainable development through sustainable financial solutions, IREDA has a perfect fit for capitalizing on the emerging Indian market for clean energy.
What is the Business Overview of Ireda?
IREDA is a public financial institution confined to the financing of renewable energy projects. Its business operations are to offer term loans, refinance and provide project financing solutions to renewable energy enterprises. IREDA offers its products and services to developers in solar, wind, hydroelectric and biomass power projects. Moreover, it also provides green energy loans in order to increase energy efficient aspects in existing structures.
IREDA, in particular, has been providing the following and through its financial services has promoted the development of the renewable energy sector in India to a great extent. It has closed fundings of more than 3,000 projects, some of which are major projects, thereby supporting in addition to 18 GW of renewable power potential in India. IREDA’s business narrative runs inline with India’s quest to achieve 500 GW of renewable sources by 2030, which provides a long term growth framework to the company.
Ireda Share Price Target Loan Book
IREDA, has a fairly strong loan portfolio concentration in the power sector particularly in the renewable energy segment across the country. The loan book value represents the company’s key activity of supplying funds to renewable energy developers. Lately, the loan portfolio of IREDA was higher than ₹33,000 crore, which was used to finance different energy projects.
Ireda Share Price Target Borrowings
IREDA’s borrowings are not insignificant because this institution is a financing agency on renewable energy. Due to the increased demand for financing it secures its funds through various instruments. Till the latest record, the borrowings of IREDA stands around ₹ 27000 crore to cater its huge lending activities.
Keys Fundamentals for IREDA
These fundamentals reflect the fact that IREDA has robust government support; established revenue sources; and a steadily expanding project base. Thus, as the world and the country especially focus on the provision of renewable energy, IREDA’s financiers’ position plays a role in long-term stability and development.
Revenue Sources: IREDA earns its revenue from interest from loans, refinancing, and project financing. The demand for its financial products persists as demand for its revenue-producing products grows with India’s renewable energy sector.
Asset Base: IREDA has creditworthy assets, most of which are renewable energy projects in which the company has served as the financier. This is because as renewable projects move to more bankable and profitable, IREDA should be able to reap more returns on the investments.
Government Support: The policy support of the Indian government to expand the renewable energy sector has helped IREDA to sustain and achieve the required growth and avail of government schemes.
Market Cap | 595.80 billion
INR
|
Enterprise Value | 85,477.70 |
52 Week High/Low | ₹310.00 and
₹49.99 |
Stock P/E | 38.2
|
Book Value | ₹31.8 |
Dividend Yield | 0% |
ROCE | 7575.97 % |
ROE | 8% |
Face Value | ₹10.00 |
Price to Book Value | 10.30 |
EPS | 112418455036 % |
Debt | 0.762
|
Promoters Holding
| 75.00% |
What will be the Financial Performance of IREDA?
IREDA’s financial result is seen to represent the position of the company in the new and expanding renewable energy market. IREDA has exhibited a stable growth in the disbursement of loans, rising revenues, and profits in the past five years.
Revenue Growth: Growing financier project base, and demand for renewable energy loan services that have seen the company post consistent growth of revenues.
Profitability: IREDA has remained profitable over the years and this has been made possible by the striving to undertake projects that it believes will not take a long time to gain profitability, especially in the current hard economic times through focusing on renewable power projects.
Loan Portfolio: IREDA’s loan portfolio has also expanded considerably The major emphasis is placed on financing renewable power projects. These rises in disbursements must have improved the balance sheet of the company together with a very low default rate.
Net profit | Rs 479.67 |
Loan sanctions | Rs 337.38 Cr
|
Loan disbursements | Rs 12,869.35 crore |
Net worth | Rs 8,559.43 crore |
What is the Share Holding Pattern for IREDA?
IREDA is the Indian Government’s Navaratna Company with all its equity held by the Ministry of New & Renewable Energy, Government of India. Previous talk about the possibility of floating IPO to enable retail and institutional investors to embrace IREDA’s growth narrative has characterized the organization. Even today, it can be considered as a totally owned entity of the government of India.
HOLDING | JUN 2024 | MAR 2024 |
Promoters Holding | 75% | 75% |
FII Holding | 2.7% | 1.4% |
DII Holding | 0.4% | 1.0% |
Public Holding | 21.9% | 22.7% |
Get Ireda Share Price Target 2024
The Forecasts for IREDA share price target have been made to showcase its extending dominance in the ethical power sector for 2024. In its focus, renewable energy is a priority sector and according to the specialist’s opinion, the ireda share price target can slightly increase. The projected target can reach ₹150-₹170 due to the growth of project financing and positive government action.
Year | Price Target |
2024 | ₹150-₹170 |
Get Ireda Share Price Target 2025
Finally, the stock of IREDA will attract further attention in 2025 as the market for renewable energy in India develops more by its potential. Further consolidation on solar & wind projects and an increased portfolio of IREDA could bring down the ireda share price target to ₹180-₹200. Thus, the long-term financing and associated government assurances are expected to be catalysts of this growth.
Year | Price Target |
2025 | ₹180-₹200 |
Get Ireda Share Price Target 2026
The stock price beyond 2026 will increase further, as depicted for IREDA. The stock price of IREDA will increase constantly over 2026. In turn, with the growth of large-scale projects, and increased interest in new green technologies, the company’s market capitalization might rise. The new target of share price for the year ending 2026 is expected to hover around ₹220-₹240 due to the emergence of the renewed energy policy of India.
Year | Price Target |
2026 | ₹220-₹240 |
Get Ireda Share Price Target 2027
By 2027, IREDA might get a positive effect from the end of several large-scale projects it funded. This will expand its revenue sources and make investors trust the company. It is expected that the Indian Renewable Energy Development Agency Limited will achieve ₹250-₹280 target share price by 2027 as Renewable Energy transitions to becoming more common in India.
Year | Price Target |
2027 | ₹250-₹280 |
Get Ireda Share Price Target 2028
In 2028, IREDA is expected to experience a remarkable increase in its stocks. As renewable energy is expected to form a major chunk of India’s generation capacity, the prospects of IREDA participating in these projects will enhance its market.
Tagged with Physical quantity, Renewable Energy, and Renewable Resources. The share price for 2028 is expected to be in the range of ₹300-₹330 mainly due to the growth maturity of renewable energy markets around the globe.
Year | Price Target |
2028 | ₹300-₹330 |
Get Ireda Share Price Target 2029
Thus, in the long-term IREDA’s further diversification into new segments of renewable energy, including hydrogen and energy storage by 2029 could affect the stock price. The target price for the share has been expected to be hit by 2029 in the range of ₹350-₹380 with reference to the diversified product portfolio indicating constant growth.
Year | Price Target |
2029 | ₹350-₹380 |
Get Ireda Share Price Target 2030
IREDA by 2030, could possibly report a strong stock price appreciation due to its timely strategic investments in the coming age of renewable technologies. The target for 2030 is predicted to be around Rs. 400- Rs. 450. IREDA is expected to maintain and enhance its market value as India ramps up efforts towards achieving its renewable energy goals.
Year | Price Target |
2030 | ₹400- ₹450. |
Get Ireda Share Price Target 2035
It can be expected that by 2035, IREDA will occupy a significant position in the financing of renewable energy in India. At this level of capital-intensive large projects and government support it could reach ₹600-₹650 if project funds remain constant and long-term objectives are achieved continuously.
Year | Price Target |
2035 | ₹600/-₹650 |
Get Ireda Share Price Target 2040
IREDA in the long run of 2040, has got the vision and ability to execute in renewable energy and this will result in good return. The ireda share price target is estimated to range between ₹800- ₹850 because VEDL leverages its wet leasing finance superiority and the expansion in the sector of renewable energy.
Year | Price Target |
2040 | ₹800-₹850 |
Get Ireda Share Price Target 2045
Prospects of the enhanced capital base of IREDA will appear brighter in the long run, more specifically by the fiscal 2045 when the company is again poised to facilitate India’s tidy energy policy. The current stock price target for the year 2045 stands as ₹1000 to ₹1100 owing to market demand for green energy and technological advancement in the sector.
Year | Price Target |
2045 | ₹1000 to ₹1100 |
Get Ireda Share Price Target 2050
IREDA, responsible for financing renewable energy projects in India, and India’s increasing energy self-sufficiency could propel IREDA’s share price further up by 2050. From the long-term target for 2050, it is anticipated to come around ₹1200-₹1300 which effectively shows the journey of 30 years in the renewable energy market.
Year | Price Target |
2050 | ₹1200-₹1300 |
Factors Influencing Share Price Target
- The target share price of IREDA depends on conditions such as the government support of renewable energy, financial ratios, and real interest rates.
- The growing interest of investors is attributed to its position in funding photovoltaic, wind, and biomass projects.
- Further, the quality of its assets, loan disbursal ratios and its staying power or financial health will determine the valuation of the company.
- However, it could be vulnerable to any rattling experienced in project implementation or change of policies.
What will be the future Growth Prospects of IREDA Company?
IREDA has a solid and viable growth outlook given the increasing efforts toward attaining high renewable energy targets in India. IREDA as the leading MNC financing green energy projects gets to reap from the increasing demand for green energy such as solar and wind power.
New government targets to reach net zero carbon emissions and raise renewable energy capacity to 500GW by 2030 suggest long-term growth potential. Additionally, international interest as well as investments in the renewable energy of India will help to drive growth of IREDA as well. The company also needs to secure further financing of sustainable energy projects to other areas as well in the future.
Conclusion
IREDA’s share price targets are significantly aligned with its mandate of providing financial support in the development of renewable power projects in India. This was NSW’s view that as the demand for sustainable energy increases and India moves to address climate change, the organization will reap from such developments. That is why longer-term investors can find that IREDA is an interesting investment opportunity, especially given the expectations for continued growth in the next few decades.
FAQ's
Being an Indian Company, IREDA provides funds for renewable energy projects particularly solar, wind, hydro, and biomass in India.
IREDA’s long-term viability also looks sound with predicted increases in the longer run due to an increased reliance on green energy in India.
IREDA’s share price target for the financial year 2050 is approx ₹1200-₹1300 with an indication of long-term growth in the renewable sector.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
