Indian Renewable Energy Development Agency Ltd

Q2 FY26Finance

Indian Renewable Energy Development Agency Q2 FY26: Revenue ₹2,057 Cr, Operating margin 37.7%

Q2 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹113

Market cap₹32.1K Cr

P/E16.4

Updated25 Sept 2026

Read4 min read

Based on Indian Renewable Energy Development Agency Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue from operations for the quarter ended 30-Sep-2025 is Rs 2,057 crore, up 26% from Rs 1,630 crore in the quarter ended 30-Sep-2024. EBITDA (Operating Profit before Depreciation & Impairment) for the quarter ended 30-Sep-25: Rs.

From Indian Renewable Energy Development Agency Ltd's Q2 FY26 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

Revenue from operations for the quarter ended 30-Sep-2025 is Rs 2,057 crore, up 26% from Rs 1,630 crore in the quarter ended 30-Sep-2024.
Half year revenue from operations is Rs 4,004 crore, a 28% increase from Rs 3,140 crore for the same period last year.
Operating profit for the quarter increased 54% to Rs 776 crore from Rs 503 crore YoY.
Profit after tax for the quarter rose 42% to Rs 549 crore from Rs 388 crore YoY.

2 more points management made on revenue & sales performance

Profitability & Margins

- EBITDA (Operating Profit before Depreciation & Impairment) for the quarter ended 30-Sep-25: Rs. 776 crores, a 54% increase YoY from Rs. 503 crores in 30-Sep-24 (Page 12, 10). - Operating Margin (%): Not explicitly stated, but revenue from operations was Rs. 2057 crores (26% YoY increase), operating profit Rs. 776 crores; approximate operating margin ≈ 37.7% (776/2057). - Profit After Tax (PAT) for the quarter ended 30-Sep-25: Rs. 549 crores, up 42% YoY from Rs. 388 crores in 30-Sep-24 (Page 12, 10). - No explicit statement on margin outlook is provided in the presentation. Summary: The quarter showed strong growth with EBITDA up 54% and PAT up 42%, supported by a 26% rise in revenues, but no direct margin guidance is mentioned.

See what Indian Renewable Energy Development Agency Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation does not specifically detail any capex, capacity expansion, or new plant/project investments including amounts, status, or timelines. It provides extensive data on lending, shareholder structure, financials, and sectors financed, but does not mention new capital expenditure projects or capacity expansions directly attributed to the company. The focus is on financing renewable energy projects, including term loans, refinancing, and support for emerging technologies, but no explicit projects or expansion plans with budget or timeline are provided.

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Fundraising & Capital Structure

Raised ₹910.37 crore through Privately Placed Tier-II Bonds (Page 5).
Launched first-ever issue of Perpetual Bonds amounting to ₹1,247 crore (Page 5).
Raised JPY 26 Billion ECB (External Commercial Borrowing) facility from SBI Tokyo, equivalent to Rs 1,553 crore during H1 FY 25-26 (Page 20).
Borrowings raised during H1 FY 25-26 amounted to Rs 10,138 crore (Page 20).
Total borrowings outstanding as on 30.09.2025 stood at Rs 69,940 crore, up from Rs 64,740 crore as on 31.03.2025 (Page 20, 13).

2 more points management made on fundraising & capital structure

See what Indian Renewable Energy Development Agency Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report any figures or details related to order book, order inflow, or pending orders. - The presentation focuses on financial results, shareholding patterns, asset quality, lending profile, operational performance, and key milestones. - No section or page specifically mentions order book, order inflow, or pending orders data. - Key metrics reported include loan portfolio size, income, profit, asset quality ratios, and shareholding details, but not order-related metrics. Hence, based solely on the provided presentation, no information on order book, order inflow, or pending orders is available.

What Indian Renewable Energy Development Agency Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Indian Renewable Energy Development Agency Ltd Q2 FY26 results?

What is Indian Renewable Energy Development Agency Ltd share price analysis?

Indian Renewable Energy Development Agency Ltd currently shows a neutral. The stock trades at a P/E of 16.4 with a market cap of ₹32,115 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indian Renewable Energy Development Agency Ltd planning capital expenditure?

The presentation does not specifically detail any capex, capacity expansion, or new plant/project investments including amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.