544026

Consolidated Revenue ₹2,181.28 Cr vs ₹1,915.64 Cr (▲13.88% YoY), EBITDA ₹1,866.56 Cr vs ₹1,733.50 Cr (▲7.68% YoY), PAT ₹492.62 Cr vs ₹501.55 Cr (▼1.78% YoY). EBITDA Margin 85.57% vs 90.50% (▼493bps). (EBITDA calculated using standalone components due to non-availability of detailed consolidated expenses, assuming negligible difference as PBT/PAT are very similar).

The Independent Auditor's Report for Indian Renewable Energy Development Agency Limited on its Standalone Financial Statements for the year ended March 31, 2026, provides an unmodified opinion. It notes that ₹394.00 crores of accounts were classified as Stage II/Standard instead of Non-Performing Assets (NPA) due to interim High Court orders. The company made impairment allowances for these. The Capital Risk Adequacy Ratio (CRAR) improved by 1.83% to 20.59% as of March 31, 2026, following new RBI directions for 'High-Quality Infrastructure Projects'.

The Independent Auditor's Report for Indian Renewable Energy Development Agency Limited for the year ended March 31, 2026, provides an unmodified opinion on the consolidated financial statements. The report highlights that ₹394.00 crores of accounts, which are NPAs as per RBI prudential norms, are classified as Stage II/Standard due to interim High Court orders. The company also adopted new RBI directions, reducing risk-weighted assets by ₹7,787.77 crores and increasing CRAR to 20.59%.

IREDA was fined ₹202,960 (including GST) by BSE and NSE for non-compliance with SEBI (LODR) Regulations, 2015, for the quarter ended March 31, 2026. The non-compliance pertains to the composition of the Board of Directors, specifically the appointment of Independent Directors and a woman director. IREDA's Board noted the non-compliance, stating they are following up with the Ministry of New and Renewable Energy (MNRE) for director appointments and have requested the stock exchanges to waive the fines.

Indian Renewable Energy Development Agency Limited (IREDA) reported Standalone Revenue of ₹2,174.95 Cr vs ₹1,904.15 Cr (▲14.22% YoY), EBITDA of ₹1,866.68 Cr vs ₹1,733.85 Cr (▲7.66% YoY), and PAT of ₹492.75 Cr vs ₹501.79 Cr (▼1.80% YoY) for the quarter ended March 31, 2026. EBITDA Margin contracted by 524bps to 85.82% from 91.06%. The board recommended a final dividend of ₹0.75 per equity share for FY 2025-26, bringing the total dividend for the fiscal year to ₹1.35 per share.

Indian Renewable Energy Development Agency Limited (IREDA) submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report highlighted non-compliance with multiple SEBI (LODR) Regulations, 2015, specifically regarding the composition of the Board of Directors and its committees (e.g., lack of Independent Directors, woman director, and quorum requirements), largely due to the completion of tenure of Independent Directors. As a result, BSE and NSE imposed fines on the company. IREDA stated that, being a Government Company, it has requested the Ministry of New and Renewable Energy (MNRE) for the appointment of the requisite number of directors.

Indian Renewable Energy Development Agency Limited (IREDA) filed its Annual Secretarial Compliance Report for FY26, highlighting non-compliance with multiple SEBI LODR regulations. These include deficiencies in the composition of its Board (lack of independent woman director, insufficient non-executive directors, total directors below minimum) and key committees (Audit, Nomination & Remuneration, Stakeholder Relationship, Risk Management) due to the completion of tenure of Independent Directors by March 2026. Consequently, BSE and NSE have imposed fines. IREDA is pursuing appointments through the Ministry of New and Renewable Energy (MNRE).