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IREDA Share Price Target 2023 to 2030 | Trackk

2025-12-20 · 5 min

Sector - Finance
IREDA Share Price Target 2023 to 2030 | Trackk

When investors talk about India’s renewable energy boom, most discussions revolve around solar EPC companies, wind turbine manufacturers, or green hydrogen hopefuls. But quietly — and far more structurally important sits Indian Renewable Energy Development Agency Ltd (IREDA).

IREDA Share Price Target

IREDA is not a flashy renewable stock. It doesn’t install panels or build wind farms. Instead, it does something far more critical: it finances India’s clean energy transition.

As a government-backed NBFC under the Ministry of New & Renewable Energy (MNRE), IREDA operates at the intersection of policy, capital, and climate ambition.


Financial Table for Indian Renewable Energy Dev Agency Ltd

Market Cap₹ 37,436 Cr.(As of December 2025)
Price to Earning21.7
Return on equity18.0%
Debt to equity5.41
Current ratio0.63
Dividend Yield0.00%
Return on assets2.39%
ROCE9.37%
Face Value₹10.0
52 Week High₹234
52 Week Low₹129

Indian Renewable Energy Dev Agency Ltd Shareholding Pattern




Mar 2024

Mar 2025

Sep 2025

Promoters

75.00%

75.00%

71.76%

FIIs

1.36%

1.74%

1.92%

DIIs

0.94%

0.51%

2.57%

Public

22.70%

22.74%

23.75%

No. of Shareholders

21,47,272

26,79,938

26,56,617



IREDA Share Price Target 2025, 2026, 2027, 2028 to 2030

YEAR 2025

Target Range (₹) : 115-135

for the move Valuation correction and profit booking will continue after the extraordinary post-listing rally. 2. Projected Targets:
YEAR 2026

Target Range (₹) : 135-165

for the move Consistent loan growth and PSU confidence prevent a deeper correction. 3. Projected Targets:
YEAR 2027

Target Range (₹) : 230-270

for the move Accelerated renewable financing and improving return ratios drive re-rating. 4. Projected Targets:
YEAR 2028

Target Range (₹) : 310-360

for the move IREDA emerges as a dominant green financier with strong balance sheet visibility. 5. Projected Targets:
YEAR 2029

Target Range (₹) : 520-580

for the move Election-year renewable, solar, storage, and green hydrogen funding boom drives peak valuation. 6. Projected Targets:
YEAR 2030

Target Range (₹) : 400-450

for the move After peak optimism, valuations normalise while business growth remains intact.’

Historic Performance:

IREDA Share Price Target 2023 & 2024

YEAR 2023

Yearly returns : 105.6%

Start of the year price50
End of the year price102.80
Reason : Strong listing performance driven by optimism in renewable financing and PSU re-rating momentum.
YEAR 2024

Yearly returns : 108.27%

Start of the year price103.35
End of the year price215.25
Reason : A massive rally supported by aggressive loan book growth and India’s push for green energy expansion.

Key Risks to Track

  • Policy risk: Change in subsidy or renewable policies

  • PSU valuation cap: Government ownership limits rerating

  • Interest rate cycles: Can impact NBFC margins

  • Concentration risk: Heavy exposure to power sector borrowers


Disclaimer: The information provided above is for educational and informational purposes only. Investing in stocks involves risks. Please consult your financial advisor or conduct your own research before making any investment decisions.

Conclusion

The IREDA share is not a momentum toy, it's a structural compounder in the making.

In my years of tracking Indian markets, the best PSU stories emerge when:

  • Policy intent is clear

  • Execution is disciplined

  • Financials quietly improve

IREDA checks all three boxes.

For investors willing to look beyond short-term charts and focus on India’s long-term energy transformation, IREDA deserves a serious place on the watchlist if not the portfolio.

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