IRB InvIT Fund

Why is IRB InvIT Fund falling/rising?

As of 16-Jul, the stock price of IRB InvIT Fund is slightly rising, currently at 61.95, but concerns about high debt levels, low growth rates, and declining investor participation may negatively impact its long-term performance.

As of 16-Jul, the stock price of IRB InvIT Fund is rising slightly, with a current price of 61.95, reflecting a change of 0.06 (0.1%) upward. The stock has shown positive performance recently, outperforming its sector by 0.67% today and has been gaining for the last two days, with a total increase of 0.63% during this period. Additionally, the stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.<BR><BR>However, despite these short-term gains, there are underlying concerns that may affect the stock's long-term performance. The company has a high Debt to EBITDA ratio of 7.55 times, indicating a low ability to service its debt. Furthermore, the company's net sales have only grown at an annual rate of 5.90% over the last five years, suggesting poor long-term growth potential. The return on equity is also low at an average of 6.38%, which signifies low profitability per unit of shareholders' funds.<BR><BR>Investor participation has been declining, with delivery volume falling by 81.69% against the 5-day average, which may indicate a lack of confidence among investors. Despite a high institutional holding of 41.03%, which typically suggests a more stable investment, the overall financial health of the company raises concerns. <BR><BR>In summary, while the stock is experiencing a slight rise in the short term, driven by recent performance and moving averages, the long-term outlook is clouded by high debt levels, low growth rates, and declining investor participation.

Which are the latest news on IRB InvIT Fund?

Should I buy, sell or hold IRB InvIT Fund?

What does IRB InvIT Fund do?

IRB InvIT Fund is an irrevocable trust focused on infrastructure investments in the small-cap construction industry, with a market cap of INR 7,772 Cr and reported net sales of 450 Cr and net profit of 60 Cr for December 2025. It is registered with SEBI and offers a dividend yield of 3.11%.

Overview:<BR>IRB InvIT Fund is an irrevocable trust focused on infrastructure investment, operating within the small-cap construction industry.<BR><BR>History:<BR>IRB InvIT Fund was established under the Indian Trusts Act, 1882, and is registered with the Securities and Exchange Board of India as an infrastructure investment trust. The latest quarterly results reported are for December 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 450 Cr (Quarterly Results - Dec 2025) <BR>Net Profit: 60 Cr (Quarterly Results - Dec 2025) <BR>Market Cap: INR 7,772 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 3.11% <BR>Debt-Equity: 1.01 <BR>Return on Equity: 4.17% <BR>Price to Book: 0.95 <BR><BR>Contact Details:<BR>Address: IRB Complex Chandivali Farm, Chandivali Village Andheri (E) Mumbai Maharashtra : 400072 <BR>Tel: 91-22-66404299 <BR>Email: info@irbinvit.co.in <BR>Website: http://www.irbinvit.co.in

How big is IRB InvIT Fund?

As of 10th June, IRB InvIT Fund has a market capitalization of 7,772.00 Cr, with net sales of 1,299.48 Cr and a net profit of 335.54 Cr over the latest four quarters. Shareholder's funds are 3,806.88 Cr, and total assets amount to 12,340.40 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: IRB InvIT Fund has a market capitalization of 7,772.00 Cr and is classified as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,299.48 Cr, while the sum of Net Profit for the same period is 335.54 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at 3,806.88 Cr, and Total Assets amount to 12,340.40 Cr.

Who are in the management team of IRB InvIT Fund?

The management team of IRB InvIT Fund includes Vinod Kumar Menon (CEO), Rushabh Gandhi (CFO), R P Singh (Chairman), and independent directors Sunil Tandon, Nikesh Jain, Anusha Date, along with Swapna Vengurlekar (Company Secretary). This team combines executive leadership with independent oversight.

The management team of IRB InvIT Fund includes the following individuals:<BR><BR>1. **Vinod Kumar Menon** - Whole Time Director & CEO<BR>2. **Rushabh Gandhi** - Executive Director & CFO<BR>3. **R P Singh** - Chairman (Non-Executive)<BR>4. **Sunil Tandon** - Independent Director<BR>5. **Nikesh Jain** - Independent Director<BR>6. **Anusha Date** - Independent Director<BR>7. **Swapna Vengurlekar** - Company Secretary & Compliance Officer<BR><BR>This team brings a mix of executive leadership and independent oversight to the fund.

Who are the peers of the IRB InvIT Fund?

Peers of the IRB InvIT Fund include NCC, Powergrid Infra, Power Mech Proj., G R Infraproject, Welspun Enterp, SG Mart, Dilip Buildcon, and ISGEC Heavy, with varying management and growth risks. The IRB InvIT Fund has a Below Average management risk and a 1-year return of -3.71%, better than NCC's -39.93% but worse than SG Mart's 38.45%.

Peers: The peers of the IRB InvIT Fund are NCC, Powergrid Infra, Power Mech Proj., G R Infraproject, Welspun Enterp, SG Mart, Dilip Buildcon, ISGEC Heavy.<BR><BR>Quality Snapshot: Excellent management risk is observed at NCC, Power Mech Proj., and ISGEC Heavy, while Average management risk is found at Powergrid Infra and Welspun Enterp. Good management risk is noted for G R Infraproject and the rest. Below Average management risk is present at IRB InvIT Fund, SG Mart, and Dilip Buildcon. For growth, Excellent growth is seen at NCC and Power Mech Proj., while Good growth is noted at Welspun Enterp and the rest. Below Average growth is found at G R Infraproject, IRB InvIT Fund, and Dilip Buildcon. Capital Structure ratings show Excellent at Powergrid Infra, Good at NCC and Power Mech Proj., Average at G R Infraproject, and Below Average at IRB InvIT Fund, Welspun Enterp, SG Mart, and Dilip Buildcon.<BR><BR>Return Snapshot: SG Mart has the highest 1-year return at 38.45%, while NCC has the lowest at -39.93%. The IRB InvIT Fund's 1-year return of -3.71% is better than NCC's but worse than SG Mart's. Additionally, the six-month return is negative for G R Infraproject, Dilip Buildcon, and ISGEC Heavy.

Are IRB InvIT Fund latest results good or bad?

The latest results for IRB InvIT Fund show strong revenue growth with a 62.83% increase in net sales to ₹450.39 crores, but profitability is concerning, as net profit fell 27.88% quarter-on-quarter due to a 161.59% rise in interest expenses. Overall, while revenue growth is positive, the significant decline in profit and rising debt costs indicate potential financial challenges ahead.

The latest results for IRB InvIT Fund present a mixed picture. On one hand, the company achieved a significant increase in net sales, reporting ₹450.39 crores for Q3 FY26, which is a remarkable 62.83% growth compared to the previous quarter. This surge in revenue indicates strong toll collection performance, reaching the highest quarterly level in the trust's history.<BR><BR>However, the profitability aspect raises concerns. Net profit fell to ₹59.67 crores, reflecting a sharp decline of 27.88% quarter-on-quarter and a 34.39% decrease year-on-year. This decline in profit is primarily attributed to a dramatic increase in interest expenses, which surged by 161.59% to ₹189.99 crores. This spike in interest costs has severely impacted the trust's ability to convert revenue growth into net profit, leading to a significant compression in profit margins.<BR><BR>Additionally, the operating margin has contracted slightly to 82.59%, and the interest coverage ratio has deteriorated to just 1.96 times, the lowest on record for the trust. This indicates potential challenges in meeting debt obligations moving forward.<BR><BR>Overall, while the revenue growth is a positive sign, the substantial drop in profitability and rising interest burden suggest that the latest results are concerning. The trust faces significant challenges in maintaining its distribution levels and overall financial health in the current environment.

Has IRB InvIT Fund declared dividend?

Yes, IRB InvIT Fund has declared a 1% dividend, amounting to ₹0.6295 per share, with an ex-date of November 18, 2025. The fund has shown positive total returns across various periods, particularly over the long term.

IRB InvIT Fund has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: ₹0.6295<BR>- Ex-date: Nov-18-2025<BR><BR>Dividend Yield: 1%<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 0.11%, the dividend return was 2.07%, leading to a total return of 2.18%.<BR><BR>Over the 6-month period, the price return was -1.66%, the dividend return was 2.00%, resulting in a total return of 0.34%.<BR><BR>For the 1-year period, the price return was 12.21%, the dividend return was 6.04%, culminating in a total return of 18.25%.<BR><BR>During the 2-year period, the price return was -6.95%, the dividend return was 10.86%, which gave a total return of 3.91%.<BR><BR>In the 3-year period, the price return was -2.66%, the dividend return was 16.77%, leading to a total return of 14.11%.<BR><BR>In the 4-year period, the price return was 11.61%, the dividend return was 32.83%, resulting in a total return of 44.44%.<BR><BR>For the 5-year period, the price return was 27.15%, the dividend return was 41.41%, culminating in a total return of 68.56%.<BR><BR>Overall, IRB InvIT Fund has declared a dividend and demonstrated a positive trend in total returns over various periods, particularly in the longer term, reflecting a strong performance driven by both price appreciation and dividend income.

How has been the historical performance of IRB InvIT Fund?

The historical performance of IRB InvIT Fund shows fluctuating trends, with net sales and total operating income increasing slightly to 1,107.01 Cr in March 2025, but down from 1,441.72 Cr in March 2023. Key metrics like profit after tax decreased to 355.58 Cr, while total liabilities and assets also declined.

Answer:<BR>The historical performance of IRB InvIT Fund shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>In terms of net sales, IRB InvIT Fund reported 1,107.01 Cr in March 2025, a slight increase from 1,082.80 Cr in March 2024, but a decrease from 1,441.72 Cr in March 2023. The total operating income mirrored this trend, reaching 1,107.01 Cr in March 2025, up from 1,082.80 Cr in the previous year, yet down from 1,441.72 Cr in March 2023. Operating profit (PBDIT) for March 2025 was 916.24 Cr, showing an increase from 886.04 Cr in March 2024, while profit before tax was 367.86 Cr, slightly down from 384.33 Cr in March 2024. The profit after tax for March 2025 was 355.58 Cr, down from 373.09 Cr in the previous year. The earnings per share (EPS) stood at 7.49 for March 2025, a decrease from 7.67 in March 2024. On the balance sheet, total liabilities decreased to 12,340.40 Cr in March 2025 from 12,573.93 Cr in March 2024, while total assets also decreased to 12,340.40 Cr from 12,573.93 Cr. Cash flow from operating activities was 960.00 Cr in March 2025, down from 987.00 Cr in March 2024, with a net cash outflow of 7.00 Cr for the same period. Overall, the financial performance of IRB InvIT Fund reflects a mix of growth and decline across various metrics over the years.

Who are the top shareholders of the IRB InvIT Fund?

The top shareholders of the IRB InvIT Fund include individual investors with 36.57% and foreign institutional investors (FIIs) with 45.44%, while there are no mutual funds or pledged promoter holdings involved. The majority of shares are held by non-institutional investors.

The top shareholders of the IRB InvIT Fund are primarily individual investors, who hold 36.57% of the shares. Additionally, foreign institutional investors (FIIs) have a significant stake, owning 45.44% of the shares. There are no mutual funds currently holding shares in the fund, and there are no pledged promoter holdings or specific promoters listed with the highest holdings. Overall, the majority of the shareholding is held by non-institutional investors.

When is the next results date for IRB InvIT Fund?

No Upcoming Board Meetings