IRB Infrastructure Developers Ltd.

NSE: IRB BSE: 532947 SECTOR: Engineering - Construction  57k   209   55

24.19
+1.51 (6.66%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 24.39

Today's Low

₹ 22.7

52 Week High

₹ 35

52 Week Low

₹ 17.89

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

14608.34 Cr.

Enterprise Value

18542.38 Cr.

No. of Shares

603.9 Cr.

P/E

23.55

P/B

1.66

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  14.6

CASH

1492.53 Cr.

DEBT

5426.57 Cr.

Promoter Holding

34.2 %

EPS (TTM)

₹  1.03

Sales Growth

-5.48%

ROE

5.64 %

ROCE

8.6%

Profit Growth

69.64 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year-5.48%
3 Year-8.42%
5 Year-5.35%

Profit Growth

1 Year69.64%
3 Year-0.92%
5 Year9.49%

ROE%

1 Year5.64%
3 Year7.78%
5 Year10.77%

ROCE %

1 Year8.6%
3 Year7.43%
5 Year8.4%

Debt/Equity

0.6394

Price to Cash Flow

-50.29

Interest Cover Ratio

1.59550507324168

CFO/PAT (5 Yr. Avg.)

0.0282873402632691

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 34.2 49.12
Sep 2022 34.2 49.12
Jun 2022 34.2 49.12
Mar 2022 34.02 49.38
Dec 2021 34.02 49.38
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 4589.973 Cr.
  • The company has an efficient Cash Conversion Cycle of 32.5236528929308 days.

 Limitations

  • The company has shown a poor profit growth of -0.918672457758019% for the Past 3 years.
  • The company has shown a poor revenue growth of -8.42080798550834% for the Past 3 years.
  • Company has a poor ROE of 7.77765315264812% over the past 3 years.
  • Promoter pledging has increased from 34.2% to 49.12% in 1 quarter.
  • Company has negative cash flow from operations of -290.498.
  • The company is trading at a high PE of 23.55.
  • Promoter pledging is high as 49.12%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 324.5 782.29 1341.02 813.33 942.18
Total Expenditure 282.54 383.65 1101.24 756.45 886.82
Operating Profit 41.96 398.64 239.77 56.88 55.36
Other Income 225.52 135.03 54.69 149.76 106.1
Interest 247.83 124.42 91.39 95.16 93.76
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax 19.65 409.24 203.07 111.48 67.69
Tax 5.11 105.3 52.13 9.32 4.32
Profit After Tax 14.54 303.94 150.94 102.16 63.37
Adjusted EPS (Rs) 0.02 0.5 0.25 0.17 0.1

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 2900 3384.78 3991.69 2750.27 2599.68
Total Expenditure 2580.1 2932.94 3469.11 2372.44 1923.57
Operating Profit 319.9 451.84 522.58 377.84 676.12
Other Income 426.48 238.71 170.6 319.78 475.72
Interest 230.52 230.42 323.35 494.97 721.93
Depreciation 0 0 0 0 0
Exceptional Items 0 0 -1.65 0 0
Profit Before Tax 515.86 460.12 368.19 202.65 429.91
Tax 71.76 131.35 88.98 14.14 110.12
Net Profit 444.1 328.77 279.2 188.51 319.79
Adjusted EPS (Rs.) 1.26 0.94 0.79 0.54 0.53

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 351.45 351.45 351.45 351.45 603.9
Total Reserves 2157.92 2281.27 2214.45 2504.83 7883.44
Borrowings 957.01 918.25 1473.02 5202.43 3015.37
Other N/C liabilities 1.73 1.62 1.65 11.08 72.35
Current liabilities 7165.97 6460.1 9068.77 7006.23 4072.26
Total Liabilities 10634.08 10012.69 13109.34 15076.03 15647.31
Assets
Net Block 0 0 0 0 0
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 5794.26 6405.4 6437.23 8911.29 8269.52
Loans & Advances 4.73 2.58 2.57 3.41 1183.31
Other N/C Assets 4.16 9.53 2490.67 2113.45 3153.51
Current Assets 4830.93 3595.17 4178.87 4047.88 3040.98
Total Assets 10634.08 10012.69 13109.34 15076.03 15647.31
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 515.86 460.12 368.19 202.65 429.91
Adjustment -199.58 -5.7 150.46 172.15 251.45
Changes in Assets & Liabilities -1967.02 682.53 -797.49 1093.55 -929.76
Tax Paid -76.48 -72.22 -146.24 -46.13 -42.11
Operating Cash Flow -1727.22 1064.73 -425.08 1422.21 -290.5
Investing Cash Flow 458.87 52.16 -2362.39 -2391.47 -268.51
Financing Cash Flow 1261.86 -1116.71 3124 1201.4 -12.4
Net Cash Flow -6.48 0.17 336.52 232.14 -571.4

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 34.02 34.02 34.20 34.20 34.20
mhaiskar ventures ... - - - - -
irb holding privat... 33.02 33.02 33.02 33.02 -
irb holding privat... - - - - 33.02
virendra d mhaiskar 0.66 0.66 0.84 0.84 0.84
deepali virendra m... 0.27 0.27 0.27 0.27 0.27
dattatray panduran... - - - - -
dsm projects priva... 0.03 0.03 0.03 0.03 0.03
sdm ventures priva... 0.03 0.03 0.03 0.03 0.03
sudha dattatray mh... 0.02 0.02 0.02 0.02 0.02
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 65.98 65.98 65.80 65.80 65.80
cintra inr investm... 24.86 24.86 24.86 24.86 24.86
bricklayers invest... 16.94 16.94 16.94 16.94 16.94
life insurance cor... 3.97 3.53 3.38 3.38 3.38
government of sing... 2.28 2.28 2.28 2.28 2.28
aditya birla sun l... - - - - -
sbi long term equi... - - - - -
quant mutual fund ... - - - - 2.64
quant mutual fund ... - - 2.16 2.61 -
monetary authority... - - - - -
hdfc trustee compa... - - - - -
quant mutual fund ... - 1.74 - - -
kuwait investment ... - - - - -
hdfc trustee compa... - - - - -
aditya birla sun l... - - - - -
iepf 0.01 0.01 0.01 - -
investor education... - - - 0.01 0.01

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

IRB Infrastructure Developers informs about investor conference 14 Mar 2023, 12:44PM IRB Infrastructure Developers logs 27% rise in gross toll collection in February 202310 Mar 2023, 12:28PM IRB Infrastructure Developers gets LoA for road project in Gujarat25 Feb 2023, 12:58PM IRB Infrastructure Developers informs about investor conference23 Feb 2023, 10:50AM IRB emerges as preferred bidder for BOT project in Gujarat21 Feb 2023, 3:12PM IRB Infrastructure Developers reports 95% jump in Q3 consolidated net profit 14 Feb 2023, 4:48PM IRB Infra.&Developer - Quaterly Results13 Feb 2023, 7:52PM IRB Infra.&Developer - Quaterly Results13 Feb 2023, 7:52PM IRB Infrastructure Developers logs 36% rise in revenue from toll collection in January 13 Feb 2023, 2:06PM Irb Infrastructure Developers informs about analyst meet6 Feb 2023, 5:16PM IRB Infrastructure Developers logs 32% rise in gross toll collection in December 202210 Jan 2023, 11:59AM IRB Infrastructure Developers informs about press release9 Jan 2023, 5:06PM IRB Infrastructure Developers’ SPV raises Rs 700 crore through NCDs30 Dec 2022, 12:00PM IRB Infrastructure Developers informs about analyst meet8 Dec 2022, 12:44PM IRB Infrastructure Developers informs about clarification9 Nov 2022, 3:36PM IRB Infra.&Developer - Quaterly Results21 Oct 2022, 12:21PM IRB Infra.&Developer - Quaterly Results21 Oct 2022, 12:21PM IRB Infra.&Developer - Quaterly Results21 Oct 2022, 12:21PM IRB Infrastructure Developers’ gross toll collection stands at Rs 328.24 crore in September 202211 Oct 2022, 12:17PM IRB Infrastructure Developers informs about disclosure22 Sep 2022, 12:43PM IRB Infrastructure Developers’ gross toll collection stands at Rs 336 crore in August 202213 Sep 2022, 4:00PM IRB Infrastructure Developers informs about updates10 Aug 2022, 9:47AM IRB Infra.&Developer - Quaterly Results5 Aug 2022, 8:34PM IRB Infra.&Developer - Quaterly Results5 Aug 2022, 8:34PM IRB Infrastructure’s SPV achieves full COD for highway project in Rajasthan21 Jul 2022, 4:30PM IRB Infrastructure Developers informs about compliances-certificate21 Jul 2022, 4:19PM IRB Infrastructure Developers’ gross toll collection stands at Rs 329.12 crore in June 202211 Jul 2022, 10:11AM IRB Infrastructure Developers informs about updates 1 Jul 2022, 10:03AM IRB Infra gets part payment of Rs 308 crore of arbitration award from NHAI23 Jun 2022, 12:34PM IRB Infrastructure Developers’ arm achieves financial closure for Greenfield BOT project in UP 16 Jun 2022, 10:23AM IRB Infrastructure Developers informs about update regarding financial closure16 Jun 2022, 9:42AM IRB Infrastructure Developers’ gross toll collection stands at Rs 343.51 crore in May 13 Jun 2022, 11:27AM IRB Infrastructure Developers informs about updates10 Jun 2022, 9:45AM IRB Infrastructure Developers offers Vadodara Kim Expressway to IRB InvIT Fund7 Jun 2022, 9:21AM IRB Infrastructure Developers informs about disclosure3 Jun 2022, 12:06PM IRB Infrastructure Developers informs about updates 20 May 2022, 9:43AM IRB Infrastructure Developers’ arm achieves financial closure for Tamil Nadu project 19 May 2022, 12:27PM IRB Infrastructure Developers reports 79% rise in Q4 consolidated net profit18 May 2022, 2:57PM IRB Infra.&Developer - Quaterly Results17 May 2022, 4:26PM IRB Infra.&Developer - Quaterly Results17 May 2022, 4:26PM IRB Infra.&Developer - Quaterly Results17 May 2022, 4:26PM IRB Infrastructure Developers informs about change in rating outlook 30 Apr 2022, 10:38AM IRB Infrastructure Developers’ SPV gets Provisional Certificate for highway project in Gujarat5 Apr 2022, 2:55PM IRB Infrastructure Developers’ SPV receives appointed date for project in West Bengal 4 Apr 2022, 2:46PM IRB Infrastructure Developers informs about updates4 Apr 2022, 9:42AM IRB Infrastructure Developers informs about investor conference 25 Feb 2022, 4:43PM IRB Infra.&Developer - Quaterly Results10 Feb 2022, 6:04PM IRB Infra.&Developer - Quaterly Results10 Feb 2022, 6:04PM IRB Infra.&Developer - Quaterly Results10 Feb 2022, 6:04PM IRB Infrastructure Developers’ arm achieves financial closure for project in West Bengal 11 Jan 2022, 9:57AM

IRB Infra.&Developer Stock Price Analysis and Quick Research Report. Is IRB Infra.&Developer an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). IRB Infra.&Developer has a PE ratio of 23.5568967195561 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. IRB Infra.&Developer has ROA of 2.08175933996759 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. IRB Infra.&Developer has a Current ratio of 0.74675566890793 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. IRB Infra.&Developer has a ROE of 5.63828780950986 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. IRB Infra.&Developer has a D/E ratio of 0.6394 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. IRB Infra.&Developer has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - IRB Infra.&Developer has reported revenue growth of -5.47552716565696 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of IRB Infra.&Developer for the current financial year is 26.0076424731948 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for IRB Infra.&Developer is Rs 0 and the yield is 0 %.

 

Brief about IRB Infra.&Developer

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