Here, we are going to share IREDA Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
The Indian Renewable Energy Development Agency Limited (IREDA) is a public-sector company that was established in 1987 and is administered by the Ministry of New and Renewable Energy.
As a non-banking financial institution, IREDA’s major goal is to promote, develop, and provide financial support for projects involving new and renewable energy sources, as well as energy efficiency and conservation.
IREDA Share Key Information
| Company Name | IREDA |
| Headquarters | India |
| Sectors | Finance – NBFC |
| Market Cap | ₹ 51,107.85 Cr. |
| No. of Shares | 268.78 Cr. |
| Book Value | ₹34.74 |
| Dividend Yield | 0% |
| ROCE | 9.29% |
| ROE | 17.28% |
| Face Value | ₹10 |
| Sales Growth | 42.56% |
| Profit Growth | 44.83% |
IREDA Business Sector
Solar Energy Projects: Financing for solar power plants and related infrastructure.
Wind Energy Projects: Funding for wind farms and associated developments.
Biomass and Small Hydro Projects: Support for biomass-based power generation and small hydroelectric projects.
Energy Efficiency and Conservation: Loans for initiatives aimed at improving energy efficiency across industries.
Board Members
- Mr. Pradip Kumar Das – Chairman & Managing Director
- Mr. Bijay Kumar Mohanty – Director (Finance)
- Mr. Chintan Shah – Director (Technical)
- Mr. Shashi Sharan – Independent Director
- Ms. Ritu Maheshwari – Independent Director
- Mr. S.K. Bhargava – Independent Director
- Mr. S.K. Chaturvedi – Independent Director
IREDA Share Quarterly Results
| PARTICULARS | Jun 2024 (Cr.) | Sep 2024 (Cr.) |
|---|---|---|
| Operating Revenue | 1,510.28 | 1,629.55 |
| Other Income | 0.43 | 0.83 |
| Interest Expended | 974.93 | 1,030.18 |
| Operating Expenses | 51.41 | 130.87 |
| Total Provisions | 0 | 0 |
| Depreciation | 8.63 | 9.43 |
| Profit Before Tax | 475.74 | 459.91 |
| Tax | 92.04 | 72.16 |
| Net Profit | 383.69 | 387.75 |
| Adjusted EPS (RS) | 1.43 | 1.44 |
IREDA Company Profits and Losses
| PARTICULARS | Mar 2023 (Cr.) | Mar 2024 (Cr.) |
|---|---|---|
| Operating Income | 3,481.97 | 4,963.94 |
| Other Income | 1.07 | 85.10 |
| Interest | 2,088.44 | 3,164.10 |
| Operating Expenses | 149.64 | 177.55 |
| Total Provisions | 105.71 | 22.15 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 1,139.25 | 1,685.24 |
| Tax | 274.62 | 433.01 |
| Profit After Tax | 864.63 | 1,252.23 |
| Adjusted EPS (Rs.) | 3.78 | 4.66 |
IREDA Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹211 | ₹239 |
| 2026 | ₹241 | ₹264 |
| 2027 | ₹268 | ₹299 |
| 2028 | ₹302 | ₹329 |
| 2029 | ₹333 | ₹362 |
| 2030 | ₹365 | ₹402 |
| 2035 | ₹568 | ₹625 |
| 2040 | ₹798 | ₹940 |
IREDA Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹211 |
| February 2025 | ₹214 |
| March 2025 | ₹219 |
| April 2025 | ₹218 |
| May 2025 | ₹222 |
| June 2025 | ₹225 |
| July 2025 | ₹229 |
| August 2025 | ₹231 |
| September 2025 | ₹235 |
| October 2025 | ₹234 |
| November 2025 | ₹235 |
| December 2025 | ₹239 |
Based on the 2025 forecast, the initial target of IREDA share can could be ₹211 and by the end of the year, the share price target is estimated to reach ₹239.
IREDA Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹241 |
| February 2026 | ₹245 |
| March 2026 | ₹248 |
| April 2026 | ₹251 |
| May 2026 | ₹249 |
| June 2026 | ₹252 |
| July 2026 | ₹254 |
| August 2026 | ₹257 |
| September 2026 | ₹256 |
| October 2026 | ₹259 |
| November 2026 | ₹261 |
| December 2026 | ₹264 |
Based on the 2026 forecast, the initial target of IREDA share can could be ₹241 and by the end of the year, the share price target is estimated to reach ₹264.
IREDA Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹268 |
| February 2027 | ₹271 |
| March 2027 | ₹274 |
| April 2027 | ₹276 |
| May 2027 | ₹281 |
| June 2027 | ₹284 |
| July 2027 | ₹285 |
| August 2027 | ₹289 |
| September 2027 | ₹292 |
| October 2027 | ₹297 |
| November 2027 | ₹295 |
| December 2027 | ₹299 |
Based on the 2027 forecast, the initial target of IREDA share can could be ₹268 and by the end of the year, the share price target is estimated to reach ₹299.
IREDA Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹302 |
| February 2028 | ₹305 |
| March 2028 | ₹309 |
| April 2028 | ₹311 |
| May 2028 | ₹315 |
| June 2028 | ₹316 |
| July 2028 | ₹319 |
| August 2028 | ₹322 |
| September 2028 | ₹325 |
| October 2028 | ₹326 |
| November 2028 | ₹327 |
| December 2028 | ₹329 |
Based on the 2028 forecast, the initial target of IREDA share can could be ₹302 and by the end of the year, the share price target is estimated to reach ₹329.
IREDA Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹333 |
| February 2029 | ₹335 |
| March 2029 | ₹339 |
| April 2029 | ₹341 |
| May 2029 | ₹345 |
| June 2029 | ₹342 |
| July 2029 | ₹346 |
| August 2029 | ₹349 |
| September 2029 | ₹352 |
| October 2029 | ₹355 |
| November 2029 | ₹358 |
| December 2029 | ₹362 |
Based on the 2029 forecast, the initial target of IREDA share can could be ₹333 and by the end of the year, the share price target is estimated to reach ₹362.
IREDA Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹365 |
| February 2030 | ₹369 |
| March 2030 | ₹372 |
| April 2030 | ₹375 |
| May 2030 | ₹378 |
| June 2030 | ₹381 |
| July 2030 | ₹385 |
| August 2030 | ₹384 |
| September 2030 | ₹389 |
| October 2030 | ₹395 |
| November 2030 | ₹398 |
| December 2030 | ₹402 |
Based on the 2030 forecast, the initial target of IREDA share can could be ₹365 and by the end of the year, the share price target is estimated to reach ₹402.
IREDA Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹568 |
| April 2035 | ₹594 |
| July 2035 | ₹602 |
| October 2035 | ₹615 |
| December 2035 | ₹625 |
Based on the 2035 forecast, the initial target of IREDA share can could be ₹568 and by the end of the year, the share price target is estimated to reach ₹625.
IREDA Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹798 |
| April 2040 | ₹841 |
| July 2040 | ₹887 |
| October 2040 | ₹902 |
| December 2040 | ₹940 |
Based on the 2040 forecast, the initial target of IREDA share can could be ₹798 and by the end of the year, the share price target is estimated to reach ₹940.
IREDA Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 75% |
| FIIs | 2.02% |
| DIIs | 0.35% |
| Others | 0% |
| Public | 22.63% |
IREDA Company Competitors
- Shriram Finance
- Muthoot Finance
- Sundaram Finance
- Aditya Birla Capital
Bull Case of IREDA (Reasons to Invest)
As a government-owned entity, IREDA benefits from strong policy backing and initiatives aimed at promoting renewable energy
India’s commitment to expanding its renewable energy capacity presents significant opportunities for IREDA’s financing services.
IREDA has demonstrated robust financial health, with consistent profitability and a growing loan portfolio.
Bear Case of IREDA (Risks Involved)
Financing renewable energy projects involves inherent risks, including technological challenges and regulatory hurdles.
Changes in interest rates can impact borrowing costs and, consequently, the demand for IREDA’s financial products.
IREDA Share Price Target: FAQ
What will be the target of IREDA Share for the year 2025?
By the end of the year 2025, its share price can reach ₹239.
What will be the target of IREDA Share for the year 2026?
By the end of the year 2026, its share price can reach ₹264.
What will be the target of IREDA Share for the year 2027?
By the end of the year 2027, its share price can reach ₹299.
What will be the target of IREDA Share for the year 2028?
By the end of the year 2028, its share price can reach ₹329.
What will be the target of IREDA Share for the year 2029?
By the end of the year 2029, its share price can reach ₹362.
What will be the target of IREDA Share for the year 2030?
By the end of the year 2030 its share price can reach ₹402.
What is the Current market cap of IREDA company?
At present the market cap of this company is ₹ 51,107.85 Cr.
What is the NSE symbol of IREDA company?
The symbol of this company in NSE exchange is IREDA.
What is the BSE symbol of IREDA company?
The symbol of this company in BSE exchange is 544026.
