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Investor Presentation For the quarter and half year ended 30.09.2026 19 October 2026 Table of Contents RE Financing Landscape Financial Highlights IREDA at a glance Lending Profile Borrowing Profile Asset Quality Shareholders Outlook IREDAs ESG Journey 11 Company Overview 22 Journey & Key Milestone 33 Financial Products & Services IREDA at a glance About us|Company Overview India’s Largest Ministry of New & Performance Committed to Pure-play Renewable Energy’s Track Record High Standards Green Financing NBFC Dedicated Financing Entity of Corporate Governance • Over 39 years of experience • 71.76% owned by Governmentof • AAA(Stable)domestic credit • Awarded Data Centre Excellence India ratingfrom ICRA, CARE, India Award 2026 • Comprehensive suite of financial Ratings, Brickwork,Acuite, etc. • Awarded Silver at the Green Urja products& services for RE sector • Awarded Navratnastatus by DPE Awards for Excellencein Women • BBB (Stable)internationalrating in Green Energy& Energy • Infrastructure FinanceCompany • Implementation/Nodalagencyfor by S&P Global Efficiency. status (RBI) several prominent MNRE schemes • Rated ‘Excellent’as per MoU with • Regular interaction with borrowers • Middle Layer Non-Deposit Taking MNRE for FY21,22,23, 24 & 25 through Stakeholders’ Meet. NBFC (RBI) • CMD IREDA conferred CSR Lifetime Achievement Award 2026 About us |Journey & Key milestones 1987 1996 2005 2010 Established as a dedicated Financial Notified as Public Financial ISO Certification by Bureau of Upgraded from 'Schedule C' Institution under erstwhile Dept of Institution under Companies Act Indian Standards (BIS) to 'Schedule B' CPSE Non-Conventional Energy Sources, Ministry of Energy, GOI 2023 2022 2018 2015 Granted Infrastructure Finance Equity Infusion of ₹ 1500 Crores Issued Green Masala Bond Conferred "Mini Ratna" status. Company (IFC) Status by RBI by GOI. Set up 50 MW Solar Power Project in Kasargod , Kerala 2024 2025 2026 2027 Upgraded to 'Schedule A' Granted Navratna Status by DPE Raised ₹ 2,006 Crores through IREDA’s IFSC arm IGGEFIL CPSE. Qualified Institutional secured ‘BBB+/Stable’ Gold in Corporate Governance & Placement (QIP). International Credit Rating CSR at PSE Awards 2024 Remarkable stock market Received approval from debut (IPO). CBIP Award to IREDA Ministry of Finance for issuing Facility Agreement with SMBC Launched its first-ever issue of 54EC Bonds to raise ECB for JPY 28 Billion Perpetual Debt (PDI) of ₹ 1,247 IREDA’s Subsidiary IGGEFIL Crores. sanctions Its First International Green Energy Loan About us | Financial Products & Services Traditional RE technologies Products offered from conceptualization to commissioning Solar energy Biomass & 10 Cogeneration Project Project Refinancing Term Loans Specific of Loans Wind energy Loan Waste to Energy Hydropower Ethanol Payment Loan Top-up on order Syndication loans Transmission Energy Efficiency instruments & Conservation Emerging RE technologies Loans against Letter of Securitization of comfort/Letter Battery Energy Pumped future cashflows of undertaking Storage System Storage Hydro Electric Vehicle & Charging Infra Smart Meters Guarantee assistance scheme to RE suppliers, developers, manufacturing & EPC contractors Green Hydrogen RE Equipment for bid security & Derivatives Manufacturing RE Financing Landscape RE financing Landscape | Trends & Growth Drivers India RE installed capacity in GW1 Outlook for India’s RE sector is positive, with major policy announcements & ambitious targets 308 India attained remarkable non-fossil fuel capacity till GW2 30.09.2026 … target of non-fossil fuel-based energy by 2030 Source: 1. Central Electricity Authority ; 2. Ministry of New and Renewable Energy ; Excludes Nuclear 11 Financial Highlights - Standalone 22 Key Financial Ratios 33 Statement of Profit & Loss 44 Statement of Assets & Liabilities 55 Financial Highlights - Consolidated Financial Highlights Financial Highlights | Standalone Rs in Crores Profit and Loss Asset Quality Assets & Net Worth 1 As on date figures. 2 Operating profit is Profit Before Tax , Depreciation & Impairment on Financial Instruments. FKeinya Fnicniaanl cHiaigl hRlaigthiotss | Key Financial Ratios As on As on As on Particulars 30.09.2026 30.09.25 31.03.26 Yield on Loan Assets (%) 9.41% 9.87% 9.54% (Gross) Cost of Borrowings (%)* 7.20% 7.24% 7.05% Interest Spread (%) 2.21% 2.63% 2.49% Net Interest Margin (%) 3.83% 3.72% 3.65% (Annualised) Debt Equity Ratio 5.64 5.41 5.65 Earning Per Share (in ₹) 3.17 2.88 6.73 Provision Coverage Ratio (%) 70.44% 51.48% 63.88% CRAR (%) 19.83% 20.10% 20.59% *Calculated on the basis of weighted average outstanding borrowings. Financial Highlights | Statement of Profit & Loss Rs in Crores Financial Highlights | Statement of Assets & Liabilities Rs in Crores Financial Highlights | Consolidated Rs in Crores 11 Composition of Outstanding Loans 22 Pan India Presence – Loan Assets Lending Profile Lending Profile | Composition of Outstanding Loans ₹ in Crores Sector-Wise Loan Outstanding as on September 30th 2026 Lending Profile | Well diversified assets & PAN India Presence Himachal Pradesh Rajasthan 2,423 2.49% 15,738 16.16% Uttar Pradesh Punjab 2,709 2.78% 4,321 4.44% Sikkim States with more than 5% Madhya Pradesh 1,705 1.75% share in Gross Loan Portfolio 5,399 5.54% Odisha Gujarat 2,079 2.13% Loans outstanding as of Telangana Sept 30th , 2026 (in INR crores) 7,476 7.67% 10,136 10.40% Maharashtra Percentage of Gross Loan 7,353 7.55% Andhra Pradesh Portfolio of ₹ 97,411crores. Karnataka 10,701 10.99% 8,892 9.13% Others¹ Tamil Nadu 9,209 9.45% 9,269 9.52% Above map may not be an accurate representation of geography of India 1. Others represent projects under multiple state category and exposure in Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Haryana, Jammu & Kashmir, Jharkhand, Ladakh, Manipur, Meghalaya, Uttarakhand , Kerala, Puducherry and West Bengal 11 Credit Ratings 22 Outstanding Borrowings Borrowing Profile Borrowing Profile | Credit Ratings International Domestic Credit Ratings for Long Term Borrowings Credit Rating “AAA” “AAA” “AAA” “AAA” “AAA” 'BBB’ Long-Term Stable Stable Stable Stable Stable Stable 'A-2’ Short-Term Stable Borrowing Profile | Outstanding Borrowings Rs in crores Domestic Borrowings ₹ 80,882 Cr Borrowings as on 30 Sept 2026 57000 100% 36153 36198 47000 27601 53% 52% 80% ₹ 10,071 Cr Borrowings Raised during H1 FY 27 37000 27000 33180 48% 40% 17000 32199 54% 31679 47% Particulars 30.09.2026 30.09.2025 31.03.2026 7000 Domestic Borrowings (A) -3000 0% 30.09.2025 31.03.2026 30.09.2026 Bonds 33,180 32,199 31,679 Loans from Bank/ FII / CC Limit & 36,198 27,601 36,153 Bonds Bank Loans others Sub-Total (A) 69,378 59,800 67,832 % Share 86% 86% 87% Foreign Borrowings Foreign Borrowings (B) 11000 100% Hedged 9,477 7,648 7,679 2028 2493 25% 2334 23% 80% Un-Hedged 2,028 2,493 2,334 6000 60% Sub-Total (B) 11,505 10,141 10,014 7648 7679 9477 75% 77% 82% % Share 14% 14% 13% 1000 Total 80,882 69,941 77,846 30.09.2025 31.03.2026 30.09.2026 -4000 0% 82 % of Foreign Borrowings are Hedged Hedged Un-Hedged ₹ in Crores Gross NPA & Net NPA 22 Movement of NPA Asset Quality Asset Quality| Gross NPA & Net NPA Gross NPA ( Rs in Crores) Net NPA ( Rs in Crores) 3000 6.00% 5000 9.00% 3.76% 4500 3.49% 3.57% 2500 3.21% 3568 4000 2.36% 2.45% 3482 1.66% 3500 3245 2000 0.99% 1.35% 1.29% 1.23% 1.08% 671* 667* 3000 783* 671* 2500 783* 1500 2000 1866 1172 1134 1513 1411 1029 1021 1500 1000 314* 145* 142* 1000 581 314* 145* 0 -12.00% FY 22-23 FY 23-24 FY24-25 FY25-26 Q1FY 27 Q2FY 27 0 -6.00% FY 22-23 FY 23-24 FY24-25 FY25-26 Q1FY 27 Q2FY 27 Gross NPA (in Cr) Gross NPA (%) Net NPA (in Cr) Net NPA (%) * Relates to FY 2019-20 for one borrower shifted from stage II to NPA due to AP High Court Order dated 02.07.2025 Asset Quality| Movement of NPAs ₹ in Crores Category of Shareholders 22 Shareholding Pattern Shareholder’s Outlook Shareholder’s Outlook|Category of Shareholders Insurance Reside [Showing first 8,000 characters — download PDF for full document]