IRB Infra.&Developer
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IRB Infra.&Developer share price

IRB Infrastructure Developers Ltd.

NSE: IRB BSE: 532947 SECTOR: Engineering - Construction  3.75 L   879   241

42.98
-0.23 (-0.53%)
BSE: 28 Nov 04:01 PM

Price Summary

Today's High

₹ 43.55

Today's Low

₹ 42.78

52 Week High

₹ 61.98

52 Week Low

₹ 40.54

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 25955.62 Cr.

Enterprise Value

₹ 33614.04 Cr.

No. of Shares

603.9 Cr.

P/E

4.6

P/B

1.7

Face Value

₹ 1

Div. Yield

0.7 %

Book Value (TTM)

₹  25.23

CASH

₹ 3143.34 Cr.

DEBT

₹ 10801.75 Cr.

Promoter Holding

30.42 %

EPS (TTM)

₹  9.34

Sales Growth

4.92%

ROE

46.43 %

ROCE

28.86%

Profit Growth

636.38 %

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* 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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Index Presence

The company is present in 23Indices.

NIFTYMIDCAP

NIFTY Midcap 100
61043.25
  -69.9000000000015 (-0.114378002115745%)

NIFTY500

Nifty 500
23933.2
  -14.5499999999993 (-0.0607572736478379%)

NIFTYMIDCAP150

Nifty Midcap 150
22395.4
  -24.6999999999971 (-0.11016900013826%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
20308.2
  -30.25 (-0.148733064712403%)

NIF500LGMIDSML

Nifty500 LargeMidSmall Equal-Cap Weighted Index
18147.05
  -21.2999999999993 (-0.117236843191593%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
16915.1
  -11.4500000000007 (-0.0676452082674861%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
16533.4
  -15.5 (-0.093661814380408%)

NIFTY200

Nifty 200
14579.35
  -6 (-0.0411371684601369%)

NFT500EQUAL

Nifty 500 Equal Weight
14293
  -20.7000000000007 (-0.144616695892752%)

NIFTYTOTALMCAP

Nifty Total Market index
13439.4
  -8.35000000000036 (-0.0620921715528633%)

NFTINDINFLOG

Nifty India Infrastructure & Logistics Index
11474.45
  -37.0999999999985 (-0.322285009403589%)

NIFTYFULLMIDCAP100

NIFTY FULL MIDCAP 100
5987.56
  -42.7999999999993 (-0.709742038617911%)

SMLCAP

S&P Bse Small Cap
52053.71
  -67.8400000000038 (-0.130157295782651%)

BSE500

S&P Bse 500
37535.84
  -18.5500000000029 (-0.0493950241236885%)

MID150

S&P Bse 150 MidCap
16523.05
  -11.6700000000019 (-0.0705787579106332%)

BSEINDIASEC

BSE India Sectors Leaders
15544.2
  8.93000000000029 (0.0574821036261275%)

INDSTR

S&P Bse Industrials
14910.65
  -46.0500000000011 (-0.307888772255915%)

S&P MIDSMLCAP

S&P Bse MidSmallCap
12414.1
  73.2299999999996 (0.593394144821224%)

MSL400

S&P Bse 400 MidSmallCap
12216.56
  -14.0100000000002 (-0.114549035735867%)

LMI250

S&P Bse 250 LargeMidCap
11216.6
  -3.54999999999927 (-0.0316395057107011%)

BSE1000

Bse 1000
11145.33
  -5.21000000000095 (-0.0467241945233177%)

ALLCAP

S&P Bse Allcap
10130.99
  38.3799999999992 (0.380278243189802%)

BSEINFRA

S&P Bse Infrastructure
587.89
  -2.74000000000001 (-0.463911416622931%)

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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year4.92%
3 Year24.88%
5 Year4.87%

Profit Growth

1 Year636.38%
3 Year159.9%
5 Year82.25%

ROE%

1 Year46.43%
3 Year19.66%
5 Year14.31%

ROCE %

1 Year28.86%
3 Year14.75%
5 Year11.76%

Debt/Equity

0.7349

Price to Cash Flow

59.3

Interest Cover Ratio

11.0266

CFO/PAT (5 Yr. Avg.)

0.409016517121709

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 30.42 0.27
Jun 2025 30.42 0.24
Mar 2025 30.42 55.45
Dec 2024 30.42 55.42
Sep 2024 30.42 55.27
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 159.897826354941% for the Past 3 years.
  • The company has shown a good revenue growth of 24.8833998086296% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 11.0266.
  • Company’s PEG ratio is 0.00723078527280536.
  • The company has an efficient Cash Conversion Cycle of 38.0926 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 21.8956498688745.

 Limitations

  • Promoter pledging has increased from 0.243324103819634% to 0.27% in 1 quarter.
  • Tax rate is low at 3.4228.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 993.75 1349.05 1466.14 1293.98 1064.72
Total Expenditure 919.94 1036.52 1097.04 1026.57 723.48
Operating Profit 73.8 312.53 369.1 267.41 341.25
Other Income 256.41 140.97 144.11 76.2 107.38
Interest 129.98 153.55 156.78 157.2 153.04
Depreciation 0 0 0 0 0
Exceptional Items 0 4794.91 0 0 0
Profit Before Tax 200.24 5094.86 356.43 186.4 295.59
Tax 40.35 60.98 77.99 46.63 107.21
Profit After Tax 159.89 5033.89 278.44 139.77 188.37
Adjusted EPS (Rs) 0.26 8.34 0.46 0.23 0.31

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 2750.27 2599.68 4160.44 4826.03 5063.34
Total Expenditure 2372.44 1923.57 3729.46 4238.76 4212.57
Operating Profit 377.84 676.12 430.98 587.27 850.77
Other Income 319.78 475.72 402.88 1024.68 747.1
Interest 494.97 721.93 374.57 708.19 579.76
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 4794.91
Profit Before Tax 202.65 429.91 459.29 903.76 5813.03
Tax 14.14 110.12 87.02 141.37 198.97
Net Profit 188.51 319.79 372.27 762.39 5614.06
Adjusted EPS (Rs.) 0.54 0.53 0.62 1.26 9.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 351.45 603.9 603.9 603.9 603.9
Total Reserves 2504.83 7883.44 8348.81 8880.36 14093.92
Borrowings 5202.43 3015.37 2823.42 5215.78 6793.36
Other N/C liabilities 11.08 72.35 83.8 198.04 1911.74
Current liabilities 7006.23 4077.02 5147.4 7110.19 6990.13
Total Liabilities 15076.03 15652.08 17007.33 22008.27 30393.05
Assets
Net Block 0 0 0 0 0
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 8911.29 8269.52 8751.85 13528.79 20398.84
Loans & Advances 3.41 1183.31 1183.31 1183.31 1601.32
Other N/C Assets 2113.45 3153.51 3209.56 3759.21 3904.05
Current Assets 4047.88 3045.75 3862.61 3536.96 4488.85
Total Assets 15076.03 15652.08 17007.33 22008.27 30393.05
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 202.65 429.91 459.29 903.76 5813.03
Adjustment 172.15 251.45 -31.72 -310.33 -5453.35
Changes in Assets & Liabilities 1093.55 -929.76 -151.43 664 118.24
Tax Paid -46.13 -42.1 -26.07 -108.63 -40.24
Operating Cash Flow 1422.21 -290.5 250.07 1148.79 437.67
Investing Cash Flow -2391.47 -268.51 -25.7 -3795.07 710.38
Financing Cash Flow 1201.4 -12.4 -31.46 2549.45 511.99
Net Cash Flow 232.14 -571.4 192.9 -96.83 1660.03

Corporate Actions

Investors Details

PARTICULARS Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 2025%
promoters 30.42 30.42 30.42 30.42 30.42
deepali virendra mhaiskar... 0.02 0.02 0.02 0.02 0.02
irb holding private limit... 29.48 29.48 29.48 29.48 29.48
sudha dattatray mhaiskar 0.08 0.08 0.08 0.08 0.08
virendra d mhaiskar - 0.84 0.84 0.84 0.84
virendra dattatraya mhais... 0.84 - - - -
PARTICULARS Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 2025%
investors 69.58 69.58 69.58 69.58 69.58
bricklayers investment pt... 16.94 16.94 16.94 16.94 16.94
cintra inr investments b ... 19.86 19.86 19.86 19.86 19.86
government of singapore 2.28 1.94 1.83 1.83 1.83
investor education and pr... 0.01 - 0.01 0.01 0.01
life insurance corporatio... 3.33 3.49 3.68 4.10 4.71
quant mutual fund - quant... 3.22 3.46 3.42 3.42 3.42
investor education and pr... - 0.01 - - -

Annual Reports

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Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

TYPE QUARTER Link
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Concall Q2FY21
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Concall Q1FY26
Concall Q1FY24
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Company News

IRB Infrastructure zooms as its associate gets LoA worth Rs 9,270 crore 17 Nov, 10:50 AM IRB Infrastructure Developers’ associate gets LoA worth Rs 9,270 crore 17 Nov, 10:23 AM IRB Infrastructure Developers informs about award of new project 15 Nov, 11:45 AM IRB Infrastructure Developers reports 11% rise in toll revenue in September 2025 8 Oct, 2:22 PM IRB Infrastructure Developers informs about investor meeting 18 Sep, 5:00 PM IRB Infrastructure Developers reports 12% rise in toll revenue in August 2025 9 Sep, 10:53 AM IRB Infra.&Developer - Quaterly Results 14 Aug, 2:10 PM IRB Infra.&Developer - Quaterly Results 14 Aug, 2:10 PM IRB Infra.&Developer - Quaterly Results 14 Aug, 2:10 PM IRB Infrastructure Developers informs about disclosure 10 Jul, 12:22 PM IRB Infrastructure Developers informs about outcome of board meeting 19 May, 5:22 PM IRB Infrastructure Developers informs about financial results 19 May, 5:11 PM IRB Infra.&Developer - Quaterly Results 19 May, 3:40 PM IRB Infra.&Developer - Quaterly Results 19 May, 3:40 PM IRB Infra.&Developer - Quaterly Results 19 May, 3:40 PM IRB Infrastructure Developers informs about earnings call 15 May, 5:26 PM IRB Infrastructure Developers informs about disclosure 7 Apr, 12:06 PM IRB Infrastructure Developers informs about disclosure 24 Mar, 2:37 PM Irb Infrastructure Developers informs about disclosure 25 Feb, 2:13 PM IRB Infra.&Developer - Quaterly Results 31 Jan, 5:41 PM IRB Infra.&Developer - Quaterly Results 31 Jan, 5:41 PM IRB Infra.&Developer - Quaterly Results 31 Jan, 5:41 PM IRB Infrastructure Developers informs about disclosure 17 Jan, 12:21 PM Irb Infrastructure Developers informs about disclosure 16 Dec, 3:44 PM IRB Infrastructure’s associate company makes non-binding offer to IRB InvIT Fund for 5 toll assets 18 Nov, 2:41 PM IRB Infrastructure Developers submits intimation of schedule of analysts meeting 13 Nov, 5:57 PM IRB Infra.&Developer - Quaterly Results 30 Oct, 3:38 PM IRB Infra.&Developer - Quaterly Results 30 Oct, 3:38 PM IRB Infra.&Developer - Quaterly Results 30 Oct, 3:38 PM Irb Infrastructure Developers informs about board meeting 24 Oct, 11:52 AM IRB Infrastructure Developers submits intimation of non-rating action commentary by fitch ratings 16 Oct, 5:28 PM IRB Infra.&Developer - Quaterly Results 9 Aug, 1:55 PM IRB Infra.&Developer - Quaterly Results 9 Aug, 1:55 PM IRB Infra.&Developer - Quaterly Results 9 Aug, 1:55 PM IRB Infrastructure Developers informs about disclosure 13 Jun, 2:34 PM IRB Infrastructure Developers logs 30% rise in gross toll collection in May 2024 6 Jun, 6:04 PM IRB Infra.&Developer - Quaterly Results 7 May, 3:38 PM IRB Infra.&Developer - Quaterly Results 7 May, 3:38 PM IRB Infra.&Developer - Quaterly Results 7 May, 3:38 PM IRB Infrastructure Developers informs about updates 7 May, 10:02 AM IRB Infrastructure Developers informs about disclosure 10 Apr, 10:02 AM IRB Infrastructure Developers informs about update 1 Apr, 10:13 AM IRB Infrastructure Developers informs about management administration and share transfer committee meet 16 Mar, 12:24 PM IRB Infrastructure Developers informs about execution of definitive agreements 14 Mar, 10:08 AM IRB Infrastructure Developers informs about disclosure 12 Mar, 4:49 PM IRB Infrastructure Developers informs about monthly updates 7 Mar, 12:24 PM IRB Infrastructure Developers informs about analyst meet 19 Feb, 11:49 AM IRB Infra.&Developer - Quaterly Results 31 Jan, 6:00 PM IRB Infra.&Developer - Quaterly Results 31 Jan, 6:00 PM IRB Infra.&Developer - Quaterly Results 31 Jan, 6:00 PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse IRB Infra.&Developer. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 4.5941692273102 which is low and comparatively undervalued.

  • 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 21.4272% which is a good 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 0.6422.

  • 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 46.4315%. (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 Debt to Equity ratio of 0.7349 which means that the company has low proportion of debt in its capital.

  • Sales growth: IRB Infra.&Developer has reported revenue growth of 4.9174% 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 16.8025979679034%.

  • 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 0.3 and the yield is 0.698%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of IRB Infra.&Developer is Rs 9.3401. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of IRB Infra.&Developer in Ticker for free. Also, one can get the intrinsic value of IRB Infra.&Developer by using Valuation Calculators, which are available with a Finology ONE subscription. 

IRB Infra.&Developer FAQs

Q1. What is IRB Infra.&Developer share price today?
Ans: The current share price of IRB Infra.&Developer is Rs 42.91.

Q2. What is the market capitalisation of IRB Infra.&Developer?
Ans: IRB Infra.&Developer has a market capitalisation of Rs 25913.349 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of IRB Infra.&Developer?
Ans: The PE ratio of IRB Infra.&Developer is 4.5941692273102 and the P/B ratio of IRB Infra.&Developer is 1.70084745090889, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of IRB Infra.&Developer share?
Ans: The 52-week high share price of IRB Infra.&Developer is Rs 61.99, and the 52-week low share price of IRB Infra.&Developer is Rs 40.51.

Q5. Does IRB Infra.&Developer pay dividends?
Ans: Currently, IRB Infra.&Developer pays dividends. Dividend yield of IRB Infra.&Developer is around 0.698%.

Q6. What are the face value and book value of IRB Infra.&Developer shares?
Ans: The face value of IRB Infra.&Developer shares is Rs 1, while the book value per share of IRB Infra.&Developer is around Rs 25.2286. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of IRB Infra.&Developer?
Ans: IRB Infra.&Developer has a total debt of Rs 10801.749 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of IRB Infra.&Developer?
Ans: The ROE of IRB Infra.&Developer is 46.4315% and ROCE of IRB Infra.&Developer is 28.859%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is IRB Infra.&Developer a good buy for the long term?
Ans: The IRB Infra.&Developer long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is IRB Infra.&Developer undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the IRB Infra.&Developer appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check IRB Infra.&Developer’s financials?
Ans: You can review IRB Infra.&Developer’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about IRB Infra.&Developer

IRB Infrastructure Developers Ltd. Share Price & Analysis (NSE: IRB)

 

The IRB Infrastructure share price reflects its dominant position in India's Build-Operate-Transfer (BOT) and Toll-Operate-Transfer (TOT) road projects.1 The stock's recent performance is largely buoyed by strong Q2 FY26 results, driven by higher toll collections and strategic asset monetization, though concerns over debt and promoter shareholding changes have tempered its momentum.2

 

IRB Infra Stock Price Today

 

The following data for IRB Infrastructure Developers Ltd. (NSE: IRB) is as of the market close, 3:30 PM IST, Tuesday, November 25, 2025.

Metric Value (NSE) Change (from previous close)
Final Share Price ?43.33 $\uparrow +0.30\%$ (or +?0.13)
Previous Close ?43.20 -
Day's Range (Low-High) ?42.61 - ?43.44 -
52-Week High ?61.99 -
52-Week Low ?40.51 -
Market Cap $\sim \text{?26,114 Crore}$ -

 

IRB Infra Share Price History & Valuation

The IRB Infra share price history shows significant long-term growth (over $250\%$ in 5 years) but has been under pressure over the last year, largely due to high valuations and market corrections.

Metric Value Key Insight
1-Year Return $\sim -6.07\%$ Has underperformed the broader market and the Infrastructure sector in the short term.
5-Year Return $\sim +254.68\%$ Strong long-term performance, demonstrating the value of its asset base.
P/E Ratio (TTM) $\sim 3.97\text{x}$ Extremely low, especially compared to the sector average (approx. $10.37\text{x}$ to $24.63\text{x}$), suggesting it is undervalued on a P/E basis. Note: This low P/E is heavily influenced by a one-time exceptional gain in FY25.
P/B Ratio $\sim 1.28\text{x}$ Trades slightly above its book value, a reasonable valuation for a capital-intensive infrastructure company.
Dividend Yield $\sim 0.69\%$ Modest dividend yield, consistent with a growth company focusing on reinvestment.
Debt to Equity Ratio $\sim 1.02\text{x}$ High, reflecting the capital-intensive nature of road development projects, a key area of investor scrutiny.

 

IRB Infra Share Price News & Key Drivers (Q2 FY26)

The recent IRB Infra share price news is dominated by its strong operational results and strategic moves involving its Infrastructure Investment Trusts (InvITs).3

 

  • Strong Q2 FY26 Financial Results: The company reported robust year-on-year (YoY) growth for the quarter ended September 2025:4

    • Consolidated Net Profit (PAT) surged 5$41\%$ YoY to 6$\text{?141 Crore}$ (from 7$\text{?100 Crore}$ in Q2 FY25).8

    • Toll Revenue climbed 9$11\%$ YoY to 10$\text{?1,667 Crore}$, indicating strong traffic recovery and efficient toll rate hikes, despite an extended monsoon season.11

  • Strategic Asset Monetization (B.E.S.T. Strategy): The company completed the sale of three assets as part of its B.E.S.T. (Bid, Execute, Stabilise, Transfer) strategy, transferring them to its Private InvIT.12 This move unlocked approximately 13$\text{?5,000 Crore}$ of equity, which is crucial for lowering overall group debt and bidding on new projects.14

  • Massive Growth Pipeline: Management has stated that the capital unlocked will position the company to pursue over 15$\text{?15,000 Crore}$ in new opportunities, aiming to achieve an asset base of 16$\text{?1.4 Lakh Crore}$ over the next three years.17

  • Analyst View: Analysts are largely Bullish on the stock, with the majority recommending a 'BUY' rating and an average target price around $\text{?59}$. This optimism is driven by the robust toll collection growth, the strong asset monetization pipeline, and the central government's sustained focus on infrastructure spending.

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