IRB Infra.Devl.

INR
40.71
-0.8 (-1.93%)
BSENSE

Mar 23

BSE+NSE Vol: 74.66 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV

Historical numbers are not comparable for this company due to transfer of 9 assets by IRB to Private InvIT in FY20.
Pledge shareholding: IRB has provided a non-disposal undertaking (committing not to sell a certain percentage of their holding in IRB) to GIC and the Ferrovial Group.

stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

74.66 lacs (42.28%) Volume

Shareholding (Dec 2025)

FII

43.32%

Held by 166 FIIs

DII

0.01%

Held by 335 DIIs

Promoter

30.42%

how big is IRB Infra.Devl.?

06-Jun-2025

As of Jun 06, IRB Infrastructure Developers Ltd has a market capitalization of 31,155.20 Cr, with recent net sales of 7613.46 Cr and net profit of 6480.68 Cr over the last four quarters. Shareholder's funds are valued at 13,744.50 Cr, and total assets amount to 44,869.54 Cr as of the latest annual period ending Mar'24.

Market Cap: As of Jun 06, IRB Infrastructure Developers Ltd has a market capitalization of 31,155.20 Cr, classifying it as a Large Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the company reported a sum of Net Sales of 7613.46 Cr and a sum of Net Profit of 6480.68 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending Mar'24. The Shareholder's Funds are valued at 13,744.50 Cr, and the Total Assets amount to 44,869.54 Cr.

View full answer

Who are in the management team of IRB Infra.Devl.?

06-Jun-2025

As of March 2022, the management team of IRB Infra.Devl. includes Virendra D Mhaiskar (Chairman/Executive Director), Deepali V Mhaiskar (Whole Time Executive Director), and several non-executive directors, including independent members. The team provides governance and strategic direction for the company.

As of March 2022, the management team of IRB Infra.Devl. includes the following individuals:<BR><BR>1. Virendra D Mhaiskar - Chairman / Executive Director<BR>2. Deepali V Mhaiskar - Whole Time Executive Director<BR>3. Jose Angel Tamariz Martel Goncer - Non-Executive & Non-Independent Director<BR>4. Ravindra Dhariwal - Non-Executive & Non-Independent Director<BR>5. Chandrashekhar S Kaptan - Independent Non-Executive Director<BR>6. Sunil H Talati - Independent Non-Executive Director<BR>7. Sandeep J Shah - Independent Non-Executive Director<BR>8. Priti Savla - Independent Non-Executive Director<BR><BR>This team comprises a mix of executive and non-executive directors, contributing to the governance and strategic direction of the company.

View full answer

Who are the peers of the IRB Infra.Devl.?

03-Jun-2025

IRB Infra.Devl.'s peers include Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, K E C Intl., Kalpataru Proj., Ircon Intl., Techno Elec. Engg, National High, and IRB Infra. Trust. Among these, NBCC shows the highest 1-year return at 24.25%, while IRB Infra.Devl. has the lowest at -29.88%.

Peers: The peers of IRB Infra.Devl. are Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, K E C Intl., Kalpataru Proj., Ircon Intl., Techno Elec.Engg, National High, and IRB Infra. Trust.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC, Larsen & Toubro, K E C Intl., Kalpataru Proj., and Techno Elec.Engg, while Average management risk is found at Rail Vikas, IRB Infra.Devl., and Ircon Intl. Below Average management risk is noted for Altius Telecom and National High. Growth is Excellent at Altius Telecom and National High, while Average growth is seen at Larsen & Toubro, K E C Intl., Kalpataru Proj., and NBCC. Below Average growth is found at Rail Vikas, IRB Infra.Devl., Ircon Intl., and Techno Elec.Engg. Capital Structure is Excellent at NBCC and Ircon Intl., Average at Kalpataru Proj. and Larsen & Toubro, and Below Average at Altius Telecom, IRB Infra.Devl., K E C Intl., National High, and Techno Elec.Engg.<BR><BR>Return Snapshot: The peer with the highest 1-year return is NBCC at 24.25%, while the lowest is IRB Infra.Devl. at -29.88%. This indicates that IRB Infra.Devl.'s return is significantly lower than its peers. Additionally, the six-month return is negative for IRB Infra.Devl., K E C Intl., Ircon Intl., and Altius Telecom.

View full answer

Is IRB Infra.Devl. overvalued or undervalued?

16-Jun-2025

As of June 13, 2025, IRB Infra.Development is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 39.19 and an EV to EBITDA of 13.14, while its stock has underperformed the Sensex by 24.64% over the past year.

As of 13 June 2025, the valuation grade for IRB Infra.Development has moved from very expensive to expensive. Based on the analysis, the company appears to be overvalued. Key ratios indicate a PE ratio of 39.19, an EV to EBITDA of 13.14, and a Price to Book Value of 1.53, which are relatively high compared to its peers.<BR><BR>In comparison, Larsen & Toubro, which is rated as attractive, has a PE ratio of 33.63 and an EV to EBITDA of 17.09, suggesting that IRB Infra.Development is trading at a premium. Other peers like Siemens and CG Power & Ind are categorized as very expensive, with PE ratios of 56.38 and 105.98, respectively, indicating that IRB's valuation is still on the higher side despite the downgrade. Notably, the company's stock has underperformed against the Sensex over the past year, declining by 24.64% compared to the Sensex's gain of 5.61%, further supporting the conclusion of overvaluation.

View full answer

What does IRB Infra.Devl. do?

17-Jul-2025

IRB Infrastructure Developers Ltd is a major Indian infrastructure company focused on road and highway projects, operating under the Build-Operate-Transfer and Hybrid Annuity Model. As of March 2025, it reported net sales of ₹21,492 Cr and a net profit of ₹2,147 Cr, with a market cap of ₹29,217 Cr.

Overview:<BR>IRB Infrastructure Developers Ltd is a leading infrastructure development company in India, primarily focused on the road and highway sector, operating within the large-cap construction industry.<BR><BR>History:<BR>IRB Infrastructure Developers Ltd was incorporated in an unspecified year and has established itself in the Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM) segments. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 21,492 Cr (Quarterly Results - Mar 2025)<BR>Net Profit: 2,147 Cr (Quarterly Results - Mar 2025)<BR>Market Cap: INR 29,217 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 38.00<BR>Industry P/E: 39<BR>Dividend Yield: 0.62%<BR>Debt Equity: 0.86<BR>Return on Equity: 3.89%<BR>Price to Book: 1.48<BR><BR>Contact Details:<BR>Address: 11th Flr/1101 Hiranandani Know, Technology Street Powai Mumbai Maharashtra : 400076<BR>Tel: 91-22-67336400<BR>Email: info@irb.co.in<BR>Website: http://www.irb.co.in

View full answer

Who are the top shareholders of the IRB Infra.Devl.?

17-Jul-2025

The top shareholders of IRB Infra.Development include Irb Holding Private Limited (29.48%), Cintra Inr Investments B V (19.86%), mutual funds (5.3%), foreign institutional investors (7.51%), and individual investors (14.42%), with 55.45% of promoter holdings pledged.

The top shareholders of IRB Infra.Development include a mix of promoters, institutional investors, and individual shareholders. The majority shareholders are the promoters, with Irb Holding Private Limited holding the largest share at 29.48%. Other significant shareholders include Cintra Inr Investments B V, which holds 19.86%, and mutual funds that collectively account for 5.3% through 27 schemes. Additionally, foreign institutional investors (FIIs) hold 7.51% of the shares, and individual investors have a combined holding of 14.42%. The promoter holdings are notably pledged at 55.4527%.

View full answer

Is IRB Infra.Devl. technically bullish or bearish?

10-Nov-2025

As of November 7, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite some mildly bullish signals from weekly indicators.

As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly Bollinger Bands also reflecting a bearish outlook. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from the monthly indicators. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, but the prevailing sentiment remains bearish due to the recent trend change and the performance metrics indicating a decline in stock returns compared to the Sensex.

View full answer

How has been the historical performance of IRB Infra.Devl.?

12-Nov-2025

IRB Infra.Development has shown significant growth from Mar'21 to Mar'25, with net sales increasing from 5,298.63 Cr to 7,613.47 Cr, and profit after tax rising from 282.95 Cr to 6,617.79 Cr. The company's total assets also grew to 53,848.53 Cr, reflecting a strong financial performance overall.

Answer:<BR>The historical performance of IRB Infra.Development shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>IRB Infra.Development has demonstrated a steady increase in net sales, rising from 5,298.63 Cr in Mar'21 to 7,613.47 Cr in Mar'25. Total operating income followed a similar trend, reaching 7,613.47 Cr in Mar'25, up from 5,298.63 Cr in Mar'21. Operating profit (PBDIT) also saw an upward trajectory, climbing to 4,023.94 Cr in Mar'25 from 2,701.56 Cr in Mar'21. Profit before tax surged to 6,998.50 Cr in Mar'25, a substantial increase from 427.42 Cr in Mar'21, while profit after tax reached 6,617.79 Cr, compared to 282.95 Cr in Mar'21. The company's net profit rose significantly to 6,480.68 Cr in Mar'25, up from 117.15 Cr in Mar'21. Additionally, the earnings per share (EPS) improved dramatically to 10.73 in Mar'25 from 3.33 in Mar'21. On the balance sheet, total assets increased to 53,848.53 Cr in Mar'25 from 41,102.58 Cr in Mar'21, and total liabilities rose to 53,848.53 Cr from 39,828.48 Cr in Mar'20. The cash flow from operating activities was 1,971.00 Cr in Mar'25, reflecting a decrease from previous years, while the closing cash and cash equivalents improved to 1,859.00 Cr in Mar'25 from 437.00 Cr in Mar'20. Overall, IRB Infra.Development has shown robust growth in revenue and profitability, alongside a solid balance sheet position.

View full answer

How has been the historical performance of IRB Infra.Devl.?

13-Nov-2025

IRB Infra.Devl. has shown significant financial growth from 2021 to 2025, with net sales increasing from 5,298.63 crore to 7,613.47 crore, and profit before tax surging from 427.42 crore to 6,998.50 crore. The company's earnings per share rose from 3.33 to 10.73, reflecting a strong financial trajectory.

Answer:<BR>The historical performance of IRB Infra.Devl. shows significant growth in various financial metrics over the years, particularly from 2021 to 2025.<BR><BR>Breakdown:<BR>IRB Infra.Devl. has demonstrated a steady increase in net sales, rising from 5,298.63 crore in March 2021 to 7,613.47 crore in March 2025. Total operating income followed a similar trend, reaching 7,613.47 crore in March 2025, up from 5,298.63 crore in March 2021. Operating profit (PBDIT) also improved, climbing from 2,512.66 crore in March 2021 to 4,023.94 crore in March 2025, although it peaked at 4,124.55 crore in March 2024. Profit before tax surged dramatically to 6,998.50 crore in March 2025, compared to just 427.42 crore in March 2021. Consequently, profit after tax rose significantly, reaching 6,617.79 crore in March 2025, up from 282.95 crore in March 2021. The company's earnings per share (EPS) reflected this growth, increasing from 3.33 in March 2021 to 10.73 in March 2025. On the balance sheet, total assets grew from 39,828.48 crore in March 2020 to 53,848.53 crore in March 2025, while total liabilities also increased, reaching 53,848.53 crore in March 2025. Cash flow from operating activities showed fluctuations but ended positively at 1,971 crore in March 2025, contributing to a closing cash balance of 1,859 crore. Overall, IRB Infra.Devl. has shown robust growth in revenue and profitability over the years, indicating a strong financial trajectory.

View full answer

Has IRB Infra.Devl. declared dividend?

14-Nov-2025

Yes, IRB Infrastructure Developers Ltd has declared a 7% dividend, amounting to ₹0.07 per share, with an ex-date of November 18, 2025. The company has shown varying total returns, with significant positive performance over the longer term, particularly in the 4 and 5-year periods.

IRB Infrastructure Developers Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.07<BR>- Ex-date: 18 Nov 25<BR><BR>Dividend Yield: 0.4%<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was -5.51%, the dividend return was 0.31%, resulting in a total return of -5.2%.<BR><BR>In the 6-month period, the price return was -12.98%, the dividend return was 0.28%, leading to a total return of -12.7%.<BR><BR>For the 1-year period, the price return was -10.19%, with a dividend return of 0.51%, culminating in a total return of -9.68%.<BR><BR>During the 2-year period, the price return was 22.74%, the dividend return was 1.69%, resulting in a total return of 24.43%.<BR><BR>In the 3-year period, the price return was 74.57%, the dividend return was 2.89%, leading to a total return of 77.46%.<BR><BR>Over the 4-year period, the price return was 88.12%, with a dividend return of 9.04%, culminating in a total return of 97.16%.<BR><BR>In the 5-year period, the price return was 285.02%, the dividend return was 17.33%, resulting in a total return of 302.35%.<BR><BR>Overall, IRB Infrastructure Developers Ltd has declared a dividend and has shown varying total returns across different periods, with significant positive returns over the longer term, particularly in the 4 and 5-year periods. The recent dividend declaration indicates a commitment to returning value to shareholders despite some negative returns in the shorter terms.

View full answer

When is the next results date for IRB Infrastructure Developers Ltd?

06-Feb-2026

The next results date for IRB Infrastructure Developers Ltd is 13 February 2026.

The next results date for IRB Infrastructure Developers Ltd is scheduled for 13 February 2026.

View full answer

Are IRB Infrastructure Developers Ltd latest results good or bad?

14-Feb-2026

IRB Infrastructure Developers Ltd's latest results show a 49.69% quarter-on-quarter increase in net profit to ₹210.79 crore and the highest operating margin in seven quarters, indicating positive trends. However, year-on-year, net profit has declined by 96.50% and net sales decreased by 7.62%, highlighting significant challenges that may concern investors.

IRB Infrastructure Developers Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹210.79 crore for Q3 FY26, which is a significant increase of 49.69% quarter-on-quarter. This indicates a positive trend in profitability. Additionally, the operating margin reached 54.64%, the highest in seven quarters, reflecting effective cost management.<BR><BR>However, when looking at year-on-year performance, the net profit shows a dramatic decline of 96.50%, largely due to an exceptionally high base from the previous year, where the company reported extraordinary profits. Similarly, net sales of ₹1,871.17 crore represent a 7.62% decrease compared to the same quarter last year, raising concerns about revenue generation and demand dynamics.<BR><BR>Overall, while the sequential improvements in profit and margins are encouraging, the year-on-year declines in both net profit and sales suggest underlying challenges that the company needs to address. Investors may find the recent performance somewhat positive, but the significant year-on-year declines could be a cause for concern.

View full answer

Should I buy, sell or hold IRB Infrastructure Developers Ltd?

15-Feb-2026

Why is IRB Infrastructure Developers Ltd falling/rising?

17-Mar-2026

As of 17-Mar, the stock price of IRB Infrastructure Developers Ltd is rising to 41.56, indicating a potential shift in market sentiment after two days of decline. This rise is supported by increased investor participation and positive financial metrics, although the stock still underperforms its sector and is below several moving averages.

As of 17-Mar, the stock price of IRB Infrastructure Developers Ltd is rising, currently at 41.56, with a change of 0.2 (0.48%) upward. This increase follows a trend reversal after two consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has shown rising investor participation, with a delivery volume of 40.39 lacs on 16 March, which is a 6.9% increase compared to the 5-day average delivery volume. <BR><BR>Despite the positive movement today, the stock has underperformed its sector by 1.23%. However, it is noteworthy that the stock is trading higher than its 20-day moving averages, although it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. <BR><BR>The company has reported positive financial metrics, including the highest operating profit to interest ratio at 2.34 times and a low debt-equity ratio of 1.02 times, which may contribute to a more favorable outlook among investors. Furthermore, with high institutional holdings at 53.3%, there is a belief that these investors have the resources to analyze the company's fundamentals effectively, potentially supporting the stock's price increase.<BR><BR>In summary, the stock's rise can be attributed to a combination of a trend reversal after previous declines, increased investor participation, and positive financial indicators, despite some underlying concerns regarding long-term growth and valuation metrics.

View full answer

Why is IRB Infrastructure Developers Ltd falling/rising?

18-Mar-2026

As of 18-Mar, the stock price of IRB Infrastructure Developers Ltd is currently rising at 41.78, driven by recent positive quarterly results and a two-day gain of 1.02%. However, it has underperformed in the long term, with a 1-year return of -4.70%, and declining investor participation raises concerns about its growth potential.

As of 18-Mar, the stock price of IRB Infrastructure Developers Ltd is rising, currently at 41.78, with a change of 0.22 (0.53%) upward. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, with a total return of 1.02% during this period. Additionally, the company reported positive results for the quarter ending December 25, showcasing a strong operating profit to interest ratio of 2.34 times and a low debt-equity ratio of 1.02 times, indicating improved financial health.<BR><BR>However, it is important to note that despite the recent rise, the stock has underperformed compared to the broader market and its sector. Over the past week, it has declined by 0.76%, and year-to-date, it has fallen by 0.64%. Furthermore, the stock's performance has been weaker in the long term, with a 1-year return of -4.70%, significantly lagging behind the market's return of 5.49%. <BR><BR>Investor participation has also been declining, as evidenced by a 3.33% drop in delivery volume compared to the 5-day average. This suggests that while the stock is experiencing a short-term rise, there are underlying concerns regarding its long-term growth potential and market performance.

View full answer

Why is IRB Infrastructure Developers Ltd falling/rising?

19-Mar-2026

As of 19-Mar, the stock price of IRB Infrastructure Developers Ltd is declining, currently at 41.60, due to a trend reversal, underperformance in the capital goods sector, and reduced investor participation. Despite some positive financial indicators, weak long-term fundamentals and high debt levels raise concerns about the company's growth potential.

As of 19-Mar, the stock price of IRB Infrastructure Developers Ltd is falling, currently at 41.60, which reflects a decrease of 0.18 or 0.43%. This decline can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has experienced a trend reversal, having fallen after two consecutive days of gains. Additionally, the performance today indicates that the stock has underperformed the capital goods sector, which has seen a decline of 3.61%. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 14.94% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite some positive financial indicators, such as a high operating profit to interest ratio and a low debt-equity ratio, the long-term fundamentals appear weak. The average Return on Capital Employed (ROCE) is only 7.97%, indicating poor long-term growth potential. The company's net sales and operating profit have grown at an annual rate of just 8.32% and 8.01% respectively over the past five years, which is not robust. Additionally, the high Debt to EBITDA ratio of 5.12 times raises concerns about the company's ability to service its debt.<BR><BR>Overall, while there are some positive aspects, the combination of recent performance trends, declining investor interest, and weak long-term fundamentals contribute to the stock's current downward movement.

View full answer

Why is IRB Infrastructure Developers Ltd falling/rising?

20-Mar-2026

As of 20-Mar, the stock price of IRB Infrastructure Developers Ltd is currently at 41.51, reflecting a decline and significant underperformance over the past year and year-to-date. The stock is facing challenges with declining investor interest and weak long-term fundamentals, contributing to its downward trajectory.

As of 20-Mar, the stock price of IRB Infrastructure Developers Ltd is falling, currently at 41.51, reflecting a change of -0.09 (-0.22%). The stock has been underperforming, having lost -0.79% over the last two days and showing a performance today that underperformed its sector by -0.58%. <BR><BR>In terms of longer-term performance, the stock has generated a return of -9.51% over the past year, significantly underperforming the market, which has seen a return of 0.76% in the same period. Additionally, the stock's year-to-date performance is also negative at -1.28%, while the broader market has declined by -12.54%. <BR><BR>Investor participation appears to be declining, as evidenced by a 14.75% drop in delivery volume compared to the 5-day average. Although the stock has shown some positive results in the past quarter, such as a high operating profit to interest ratio and a low debt-equity ratio, these positives are overshadowed by weak long-term fundamentals. The company has a low return on capital employed (ROCE) of 7.97% and a high debt to EBITDA ratio of 5.12 times, indicating challenges in servicing debt and limited growth potential. <BR><BR>Overall, the combination of recent price declines, poor long-term performance metrics, and falling investor interest contributes to the stock's current downward trajectory.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 7.97%

  • Poor long term growth as Net Sales has grown by an annual rate of 8.32% and Operating profit at 8.01% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.12 times
2

With ROCE of 7.2, it has a Expensive valuation with a 1.1 Enterprise value to Capital Employed

3

Underperformed the market in the last 1 year

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

INR 24,869 Cr (Small Cap)

stock-summary
P/E

31.00

stock-summary
Industry P/E

35

stock-summary
Dividend Yield

0.51%

stock-summary
Debt Equity

0.90

stock-summary
Return on Equity

4.30%

stock-summary
Price to Book

1.23

Revenue and Profits:
Net Sales:
1,871 Cr
(Quarterly Results - Dec 2025)
Net Profit:
211 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.51%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.62%
0.16%
-4.46%
6 Months
-5.65%
0.33%
-5.32%
1 Year
-13.11%
0.47%
-12.64%
2 Years
-31.37%
0.96%
-30.41%
3 Years
63.89%
3.40%
67.29%
4 Years
79.02%
8.43%
87.45%
5 Years
269.92%
20.39%
290.31%

Latest dividend: 0.07 per share ex-dividend date: Feb-18-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Intimation Of Schedule Of Analysts / Institutional Investor Meeting

13-Mar-2026 | Source : BSE

Intimation of Schedule of analysts/ Institutional investor meeting

Toll Revenue For The Month Of February 2026

07-Mar-2026 | Source : BSE

Project wise Toll revenue for the month of February 2026

Intimation Of Schedule Of Analysts / Institutional Investor Meeting - Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.

04-Mar-2026 | Source : BSE

The senior management of the Company will be having meeting/group meeting with investors / analyst (virtual/in-person) at the event titled 11th Annual J.P. Morgan India Credit Investor Trip hosted by J.P. Morgan on March 9 2026

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

IRB Infrastructure Developers Ltd has declared 7% dividend, ex-date: 18 Feb 26

stock-summary
SPLITS

IRB Infrastructure Developers Ltd has announced 1:10 stock split, ex-date: 22 Feb 23

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
8.32%
EBIT Growth (5y)
8.01%
EBIT to Interest (avg)
1.37
Debt to EBITDA (avg)
5.91
Net Debt to Equity (avg)
0.90
Sales to Capital Employed (avg)
0.21
Tax Ratio
33.99%
Dividend Payout Ratio
2.80%
Pledged Shares
0.04%
Institutional Holding
53.30%
ROCE (avg)
7.93%
ROE (avg)
4.34%

Valuation key factors

Factor
Value
P/E Ratio
31
Industry P/E
35
Price to Book Value
1.23
EV to EBIT
15.58
EV to EBITDA
11.15
EV to Capital Employed
1.12
EV to Sales
5.52
PEG Ratio
4.40
Dividend Yield
0.51%
ROCE (Latest)
7.15%
ROE (Latest)
4.30%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

FIIs

Pledged Promoter Holdings

0.0408

Mutual Funds

Held by 22 Schemes (4.54%)

FIIs

Held by 166 FIIs (43.32%)

Promoter with highest holding

Irb Holding Private Limited (29.55%)

Highest Public shareholder

Cintra Inr Investments B V (19.86%)

Individual Investors Holdings

14.65%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 6.86% vs -16.58% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 49.69% vs -30.45% in Sep 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,871.17",
          "val2": "1,751.02",
          "chgp": "6.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,022.44",
          "val2": "924.61",
          "chgp": "10.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "436.42",
          "val2": "450.96",
          "chgp": "-3.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-42.65",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "210.79",
          "val2": "140.82",
          "chgp": "49.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "54.64%",
          "val2": "52.80%",
          "chgp": "1.84%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 11.96% vs 1.76% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 43.14% vs 4.50% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,849.98",
          "val2": "3,438.78",
          "chgp": "11.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,876.58",
          "val2": "1,623.76",
          "chgp": "15.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "912.96",
          "val2": "872.92",
          "chgp": "4.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "343.31",
          "val2": "239.85",
          "chgp": "43.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "48.74%",
          "val2": "47.22%",
          "chgp": "1.52%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 4.70% vs 2.18% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -91.16% vs 1,402.84% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,721.15",
          "val2": "5,464.22",
          "chgp": "4.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,899.02",
          "val2": "2,607.98",
          "chgp": "11.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1,349.38",
          "val2": "1,334.28",
          "chgp": "1.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-42.65",
          "val2": "5,804.13",
          "chgp": "-100.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "554.10",
          "val2": "6,265.96",
          "chgp": "-91.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "50.67%",
          "val2": "47.73%",
          "chgp": "2.94%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 2.76% vs 15.74% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 969.74% vs -15.86% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,613.47",
          "val2": "7,409.00",
          "chgp": "2.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3,605.86",
          "val2": "3,331.79",
          "chgp": "8.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1,791.94",
          "val2": "1,863.32",
          "chgp": "-3.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "5,804.13",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6,480.68",
          "val2": "605.82",
          "chgp": "969.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "47.36%",
          "val2": "44.97%",
          "chgp": "2.39%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
1,871.17
1,751.02
6.86%
Operating Profit (PBDIT) excl Other Income
1,022.44
924.61
10.58%
Interest
436.42
450.96
-3.22%
Exceptional Items
-42.65
0.00
Consolidate Net Profit
210.79
140.82
49.69%
Operating Profit Margin (Excl OI)
54.64%
52.80%
1.84%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 6.86% vs -16.58% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 49.69% vs -30.45% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
3,849.98
3,438.78
11.96%
Operating Profit (PBDIT) excl Other Income
1,876.58
1,623.76
15.57%
Interest
912.96
872.92
4.59%
Exceptional Items
0.00
0.00
Consolidate Net Profit
343.31
239.85
43.14%
Operating Profit Margin (Excl OI)
48.74%
47.22%
1.52%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 11.96% vs 1.76% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 43.14% vs 4.50% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
5,721.15
5,464.22
4.70%
Operating Profit (PBDIT) excl Other Income
2,899.02
2,607.98
11.16%
Interest
1,349.38
1,334.28
1.13%
Exceptional Items
-42.65
5,804.13
-100.73%
Consolidate Net Profit
554.10
6,265.96
-91.16%
Operating Profit Margin (Excl OI)
50.67%
47.73%
2.94%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 4.70% vs 2.18% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -91.16% vs 1,402.84% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
7,613.47
7,409.00
2.76%
Operating Profit (PBDIT) excl Other Income
3,605.86
3,331.79
8.23%
Interest
1,791.94
1,863.32
-3.83%
Exceptional Items
5,804.13
0.00
Consolidate Net Profit
6,480.68
605.82
969.74%
Operating Profit Margin (Excl OI)
47.36%
44.97%
2.39%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 2.76% vs 15.74% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 969.74% vs -15.86% in Mar 2024

stock-summaryCompany CV
About IRB Infrastructure Developers Ltd stock-summary
stock-summary
IRB Infrastructure Developers Ltd
Small Cap
Construction
IRB Infrastructure Developers Limited (IRB) is one of the leading infrastructure development companies in India in road and highway sector, with presence in Build-Operate-Transfer (BOT) and HAM space. The Company has a portfolio of 17 owned projects and 7 projects under O&M contracts as a project manager for IRB InvIT.
Company Coordinates stock-summary
Company Details
11th Flr/1101 Hiranandani Know, Technology Street Powai Mumbai Maharashtra : 400076
stock-summary
Tel: 91-22-67336400
stock-summary
info@irb.co.in
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad