IREDA.NS Stock Today: January 14 — Q3 Profit Jump Lifts Shares
IREDA share price moved higher on January 14 after Q3 FY26 results, with the NSE-listed IREDA.NS gaining over 4% intraday. Management reported revenue up 25% year on year, net profit up 37.5%, and the loan book expanding 28% to about ₹880 billion. Asset quality improved, with gross NPA at 3.75% and net NPA at 1.68%. We see investor attention on policy support for renewables, AAA-rated funding access, and the sustainability of growth in clean energy lending.
Q3 FY26 at a glance
Q3 FY26 was strong, with revenue up 25% year on year and net profit up 37.5%. This print supports the quick reaction in the IREDA share price today. The growth mix points to healthy demand in renewable project financing and better operating leverage. Media reports highlighted the rise after results were published this week source.
The loan book expanded 28% to roughly ₹880 billion, reflecting robust disbursements across solar, wind, and emerging segments like storage. Asset quality improved quarter on quarter, with gross NPA at 3.75% and net NPA at 1.68%. This trend helped sentiment around the IREDA share price, as investors prize cleaner books during high growth phases source.
Why the market is re-rating the stock
A steady policy push for renewables in India supports lending opportunities. Access to AAA-rated funding can lower borrowing costs and diversify sources, which helps sustain spreads and supports growth. If cost of funds stays stable while disbursements scale, earnings momentum could continue. This backdrop is a key driver for interest in the IREDA share price among domestic investors.
India’s solar, wind, transmission, and storage investments remain sizable, keeping project pipelines active. A growing loan book with improving asset quality indicates execution is tracking demand. As refinancing and green bond markets deepen, lenders with sector expertise may gain share. That prospect keeps IREDA share price action sensitive to capex announcements and any new government targets.
Valuation, balance sheet, and risks
On recent data, the stock trades near 20.5x trailing EPS of ₹6.84 and about 3.04x book value per share of ₹45.99. ROE is around 15.3%, supported by scale and stable costs. Market capitalisation is roughly ₹39,326 crore. For many investors, these metrics appear balanced against growth, which explains interest in the IREDA share price after Q3.
Debt-to-equity stands near 5.41x, so disciplined asset-liability management remains vital. Rising rates, slower disbursements, or policy delays could pressure spreads. Competition from PSU banks may impact pricing. Watch gross NPA at 3.75% and net NPA at 1.68% for durability as the loan book grows. Any slippage uptick can weigh on the IREDA share price.
Technical view and trading levels
Trend signals are constructive. RSI is 56.6, showing room before overbought. ADX at 26.9 suggests a firm trend, while MACD histogram is positive at 1.46. Money Flow Index at 78 hints at strong buying interest. Together, these signals explain why traders leaned positive on the IREDA share price after earnings-triggered momentum.
Bollinger levels place the middle band near ₹137.33 and the upper band at ₹145.67. Average true range is ₹4.02, implying moderate daily swings. Recent volume of about 7.6 million compares with an 8.4 million average, indicating healthy liquidity. Near term, support sits around ₹137–138, while resistance near ₹146 may cap rallies in the IREDA share price.
Final Thoughts
Q3 FY26 delivered the right mix for a lender: solid growth, improving asset quality, and supportive funding. Revenue rose 25% year on year, profit 37.5%, and the loan book reached about ₹880 billion. With gross NPA at 3.75% and net NPA at 1.68%, the market rewarded the print, lifting the IREDA share price. From here, we would track disbursement pace, cost of funds, spreads, and slippage trends. On the trading side, keep an eye on ₹137–138 as support and ₹145–146 as near resistance. Policy updates, bond issuances, and any guidance on FY26–FY27 growth can reset expectations quickly. For investors, the setup looks constructive, but execution and risk control must stay firm to sustain momentum.
FAQs
Why is the IREDA share price up today?
The move follows strong Q3 FY26 results. Revenue rose 25% year on year, net profit jumped 37.5%, and the loan book grew 28% to about ₹880 billion. Asset quality also improved, with gross NPA at 3.75% and net NPA at 1.68%. Together, these factors lifted sentiment and pushed the IREDA share price higher.
Is IREDA’s asset quality improving?
Yes. In Q3 FY26, gross NPA stood at 3.75% and net NPA at 1.68%, improving quarter on quarter. The trend suggests better recoveries and disciplined underwriting. If this continues while the loan book scales, it should support earnings visibility and help stabilise the IREDA share price over the medium term.
What valuation metrics should investors track for IREDA?
Watch the P/E near 20.5x on trailing EPS of ₹6.84, price-to-book around 3.04x, and ROE at roughly 15.3%. Also track cost of funds, spreads, and credit costs. These indicators, combined with loan book growth and NPA trends, will guide fair value and the IREDA share price trajectory.
What are the key risks for IREDA in 2026?
High leverage (debt-to-equity near 5.41x), interest rate swings, policy delays, and competition from PSU banks are primary risks. Watch for any rise in NPAs as the book expands. A slower disbursement cycle or tighter spreads could pressure earnings and weigh on the IREDA share price.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
