The Indian Renewable Energy Development Agency Ltd. (IREDA) has become a key player in financing India’s green energy transition. As one of the country’s top renewable finance institutions, IREDA supports solar, wind, and hydro projects across India.
As of November 2025, IREDA’s share price trades around ₹151.90, down nearly 28% year-to-date due to short-term volatility in the renewable energy sector. However, with India’s ambitious goal of achieving 500 GW of non-fossil energy capacity by 2030, the long-term outlook remains highly promising.
In this article, we’ll explore IREDA Share Price Target 2030, financial performance, growth drivers, and long-term predictions up to 2050 to help investors assess its future potential.
About the Company
IREDA, a public sector undertaking (PSU) under the Ministry of New and Renewable Energy (MNRE), was established in 1987 to promote, finance, and support renewable energy and energy efficiency projects across India.
Key Business Areas:
- Financing solar, wind, small hydro, and bio-energy projects.
- Offering loans for green hydrogen, EV infrastructure, and energy storage.
- Providing project financing, refinancing, and credit enhancement facilities.
IREDA plays a pivotal role in India’s green economy by bridging the gap between renewable developers and funding requirements. Its mission aligns with national priorities like “Atmanirbhar Bharat” and “Net Zero 2070.”
Fundamental Analysis
Revenue and Profit Trends
In Q2 FY2026 (ended September 30, 2025), IREDA delivered strong financial growth:
| Metric | Q2 FY26 Value | YoY Growth | Notes |
|---|---|---|---|
| Net Profit (PAT) | ₹549 crore | +41% | Driven by higher loan disbursements |
| Revenue from Operations | ₹3,200+ crore | +26% | Boosted by expanding loan book |
| Loan Book | ₹84,477 crore | +31% | 72% to private sector projects |
| Gross NPA | ~1% | Stable | Excellent asset quality |
| Net Worth | ₹10,000+ crore (est.) | +20% | Strengthens lending capacity |
The company’s consistent profitability, improved net interest margins, and AAA credit rating reflect its strong financial position. Management projects 25–30% loan growth for FY2026, supported by new project sanctions in solar and green hydrogen.
Key Valuation Metrics
| Metric | Value | Sector Average | Interpretation |
|---|---|---|---|
| P/E Ratio | ~77x | 25–30x | High due to growth expectations |
| P/B Ratio | 3.5x | 2.8x | Premium for PSU with strong RoE |
| ROE | ~18% | 15% | Efficient capital deployment |
| EPS (TTM) | ₹1.97 | — | Rising steadily |
| Promoter Holding | 71.76% | — | Stable and government-backed |
Conclusion: Despite high valuations, IREDA’s fundamentals remain solid, supported by rising demand for renewable project financing and strong asset quality.
Past Stock Performance
IREDA was listed on the NSE in November 2023 and saw strong listing gains, quickly becoming a favorite among retail and institutional investors. After touching a 52-week high of ₹234.29, the stock corrected sharply to ₹151 in 2025 following sector-wide volatility and profit booking.
- 1-Year Return: -43%
- YTD Performance: -28%
- Support Zone: ₹148–₹150
- Resistance Level: ₹185
The stock is currently consolidating, and analysts see potential upside once market sentiment towards renewable PSUs improves.
IREDA Share Price Target 2025–2050
| Year | Minimum (₹) | Average (₹) | Maximum (₹) |
|---|---|---|---|
| 2025 | 150 | 175 | 200 |
| 2026 | 180 | 200 | 230 |
| 2027 | 220 | 260 | 300 |
| 2028 | 260 | 310 | 360 |
| 2029 | 300 | 350 | 420 |
| 2030 | 320 | 400 | 500 |
| 2035 | 500 | 640 | 780 |
| 2040 | 750 | 950 | 1,150 |
| 2045 | 1,100 | 1,350 | 1,600 |
| 2050 | 1,600 | 1,900 | 2,300 |
IREDA Share Price Target and Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045, 2050
IREDA Share Price Target 2025
In 2025, IREDA’s share price is projected to stay between ₹175 and ₹200 as the company continues to deliver steady growth in disbursements and profitability. Improved Q3 and Q4 performance along with rising renewable project financing will likely support these levels.
IREDA Share Price Target 2026
By 2026, IREDA is expected to see around 25–30% loan book expansion and maintain a strong ROE above 20%. With improving investor sentiment and policy support for clean energy, the stock could reach up to ₹230.
IREDA Share Price Target 2027
In 2027, the company’s growing focus on private sector renewable projects and potential partnerships in green hydrogen financing could push IREDA’s share price toward ₹300, reflecting stronger business diversification.
IREDA Share Price Target 2028
By 2028, sustained revenue growth, better asset quality, and continued government support for renewable infrastructure may help IREDA trade between ₹310 and ₹360 levels.
IREDA Share Price Target 2029
In 2029, IREDA’s market valuation could enter a higher growth phase as the renewable financing segment expands rapidly. The stock might cross ₹400 if the company maintains strong profitability and project execution.
IREDA Share Price Target 2030
By 2030, with India’s ambitious green energy targets creating massive financing opportunities, IREDA could reach ₹500 levels under optimistic conditions, backed by steady loan growth and lower NPAs.
IREDA Share Price Target 2035
Looking ahead to 2035, IREDA’s share price may reach around ₹780 as it benefits from long-term renewable investments, strong capital adequacy, and a mature project portfolio.
IREDA Share Price Target 2040
By 2040, IREDA’s focus on sustainable financing and expansion into newer clean energy technologies could drive its valuation toward ₹950–₹1,150, supported by consistent earnings and government policies.
IREDA Share Price Target 2045
In 2045, IREDA may continue compounding its value, potentially reaching around ₹1,600 as renewable adoption deepens across sectors and financing demand remains robust.
IREDA Share Price Target 2050
By 2050, assuming continued profitability, steady loan growth, and leadership in green lending, IREDA’s share price could trade between ₹1,600 and ₹2,300 — marking a potential multi-fold return for long-term investors.
Risks and Challenges
- High Valuation Risk: P/E remains elevated, leaving limited short-term upside.
- Policy Dependency: Heavily reliant on government incentives and renewable energy targets.
- Interest Rate Sensitivity: Rising borrowing costs can impact margins.
- Project Delays: Renewable project execution often faces regulatory or logistical delays.
- Market Volatility: Being a PSU stock, sentiment-driven moves can affect price action.
Investment Suitability
IREDA is suitable for:
- Long-term investors seeking exposure to India’s clean energy transformation.
- Moderate-risk portfolios aiming for stable growth from a government-backed entity.
- Investors focusing on sustainability themes, as IREDA plays a key role in India’s net-zero vision.
Short-term traders should be cautious, as price movement depends on broader PSU sentiment and renewable sector dynamics.
FAQs
1. What is the target of IREDA in 2030?
IREDA’s share price target for 2030 is projected between ₹320–₹500, supported by strong loan growth and renewable energy expansion.
2. Is IREDA good for long-term investment?
Yes, IREDA’s consistent profit growth, low NPAs, and strategic government backing make it attractive for long-term investors.
3. What is the future of IREDA stock?
The future looks bright as India accelerates green energy financing. With 30%+ loan growth potential, IREDA could continue compounding returns.
4. Can IREDA stock give 100% return?
Yes, if renewable sector momentum sustains and profitability continues improving, IREDA has the potential to double investor wealth in the next 4–5 years.
Conclusion
IREDA remains a cornerstone in India’s renewable energy financing landscape, backed by robust fundamentals, healthy asset quality, and a strong policy tailwind. Although short-term volatility persists due to market corrections, the long-term growth story stays intact.
To monitor IREDA’s daily price movement and fundamentals, investors can visit Screener.in for real-time updates.
