The Indian Renewable Energy Development Agency (IREDA) is gearing up for an important board meeting scheduled for April 15, 2025, where directors will review and approve the unaudited standalone results for the fourth quarter of FY25. Market analysts are optimistic about IREDA’s performance, anticipating impressive numbers fueled by strong operational metrics from the previous quarter. With predictions of significant increases in both loan sanctions and disbursements, IREDA appears poised for a successful financial report.
Promising Financial Forecast for IREDA
According to industry experts, IREDA is expected to report a 27% year-on-year growth in loan sanctions, totaling approximately ₹47,453 crore, while loan disbursements are projected to rise by 20%, reaching around ₹30,168 crore. This anticipated growth not only indicates robust revenue generation for the quarter but also reflects a 28% expansion in the outstanding loan book, now estimated at ₹76,250 crore.
- Key Predictions for IREDA Q4 Results:
- Loan Sanctions: ₹47,453 crore (27% YoY increase)
- Loan Disbursements: ₹30,168 crore (20% YoY increase)
- Outstanding Loan Book: ₹76,250 crore (28% increase)
Atul Parakh, CEO of Bigul, stated, "The strong operational metrics from the third quarter bolster expectations for IREDA’s financial results. The significant growth in loan sanctions and disbursements signals a likely uptick in revenue, complemented by healthy net interest income and improved profit margins."
Investor Insights and Recommendations
Investors are being encouraged to consider acquiring IREDA shares ahead of the Q4 announcement, targeting price points of ₹175 for short-term gains and ₹200 for medium-term objectives. Mahesh M Ojha, AVP of Research at Hensex Securities, highlighted the current technical outlook, noting a potential breakthrough at ₹164. Should this resistance be surpassed, the share price could quickly rise to ₹174.
- Short-Term Targets:
- Hold Position: ₹174
- Stop-Loss: ₹136
Ojha recommends that new investors look for buying opportunities within the ₹150 to ₹154 range, maintaining a stop-loss at ₹136. He indicated that those willing to hold their investment longer could see the stock reach ₹200 by the end of 2025.
Conclusion: A Bright Future for IREDA
With a solid retail investor base of 25.88 lakh shareholders, confidence in IREDA’s business model remains strong. The agency’s focus on renewable energy financing aligns with the growing market demand, positioning IREDA for continued growth and success in the coming years. Investors looking to capitalize on this momentum should closely monitor the upcoming financial results and market trends.
