IREDA Share Price Target; The Indian Renewable Energy Development Agency Ltd (IREDA) stands at the forefront of India’s transition to sustainable energy. As a government-owned non-banking financial company (NBFC), IREDA plays a pivotal role in financing renewable energy projects across the nation. With a strong financial performance and a clear strategic vision, IREDA is poised for significant growth in the coming years. This article provides an in-depth analysis of IREDA share price targets from 2025 to 2030, incorporating financial data, market trends, and expert forecasts.
IREDA Share Price Target 2025 to 2030
| Year | Minimum Target Price (₹) | Maximum Target Price (₹) |
|---|---|---|
| 2025 | 170 | 270 |
| 2026 | 200 | 450 |
| 2027 | 350 | 600 |
| 2028 | 500 | 750 |
| 2029 | 700 | 900 |
| 2030 | 900 | 1,200 |
Company Overview
Established in 1987, IREDA is a Non-Banking Financial Company (NBFC) that provides financial assistance for renewable energy and energy efficiency projects. The company’s operations encompass a wide range of renewable energy sectors, including solar, wind, hydro, and bioenergy. IREDA’s mission is to be a pioneering, participant-friendly, and competitive institution for financing and promoting self-sustaining investment in energy generation from renewable sources. In November 2023, IREDA went public with an initial public offering (IPO), listing on NSE and BSE.
Financial Performance
As of May 2025, IREDA’s share price stands at ₹173.29. The company has demonstrated robust financial performance, with a Return on Equity (ROE) consistently above industry averages. In the fiscal year ending March 2025, IREDA reported a total income of ₹6,755.69 crore and a profit of ₹1,698.34 crore.
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Year-wise Share Price Target Forecast
2025: The share price is projected to range between ₹170 and ₹270. This projection is based on moderate revenue growth, expanding operations, and stability in core segments.
2026: With the potential for higher profitability and export-led growth, the 2026 price target is projected between ₹200 and ₹450. Increasing demand for renewable energy financing and better capacity utilization will support earnings.
2027: In 2027, IREDA could see a further re-rating due to improved financial metrics and positive sentiment in the renewable energy sector. The share price could range between ₹350 and ₹600. Growth in the financing of renewable projects and better cost efficiency will play a critical role.
2028: By 2028, the price target may rise to ₹500–₹750. This will depend on consistent revenue growth, return on equity, and operational improvements. Continued government support for renewable energy and infrastructure will also drive value.
2029: For 2029, the share could trade between ₹700 and ₹900. If the company maintains its growth momentum and strengthens its market position, it could be well-positioned for stronger earnings and investor interest.
2030: In 2030, IREDA could reach a price range of ₹900 to ₹1,200. This will depend on how well it adapts to new technologies, expands into new markets, and sustains long-term profitability.
Growth Drivers
Several factors contribute to the optimistic outlook for IREDA:
- Government Initiatives: India’s commitment to achieving 500 GW of non-fossil fuel capacity by 2030 provides a strong growth trajectory for IREDA.
- Financial Performance: Consistent profitability and strong financial metrics make IREDA an attractive investment.
- Market Leadership: As a leading financier of renewable energy projects, IREDA holds a significant position in the market.
- Institutional Backing: Government ownership and support enhance the company’s credibility and stability.
Risks and Challenges
While the company has strong growth prospects, potential investors should be aware of certain risks:
- Policy Changes: Alterations in government policies related to renewable energy could impact IREDA’s operations.
- Market Competition: The presence of other financial institutions in the renewable energy sector may affect IREDA’s market share.
- Economic Factors: Macroeconomic conditions and interest rate fluctuations can influence the company’s financial performance.
Investment Perspective
IREDA presents a compelling investment opportunity for those seeking exposure to India’s renewable energy growth story. Its diversified operations, consistent financial performance, and strategic initiatives position it well for long-term value creation.
Disclaimer: The share price targets and financial data provided are based on current market analysis and are subject to change. Investors should conduct their own research or consult financial advisors before making investment decisions.
Frequently Asked Questions (FAQ)
What are the main business segments of IREDA?
The company provides financial assistance for renewable energy and energy efficiency projects, including solar, wind, hydro, and bioenergy sectors.
Is IREDA a good investment for the long term?
Given its diversified portfolio and consistent financial performance, it holds potential for long-term investors.
How does the company mitigate risks associated with policy changes?
Through strategic planning and diversification, the company aims to manage policy-related risks.
