IRB - IRB Infrastructure Developers Limited Share Price

Construction

₹43.97-1.70(-3.72%)

Market Closed as of May 6, 2025, 15:30 IST

What does IRB Infrastructure Developers Limited do?

Civil Construction•Construction•Mid Cap

IRB Infrastructure Developers is a prominent civil construction company in India, identified by the stock ticker IRB. With a market capitalization of Rs. 26,879.6 Crores, the company specializes in infrastructure development, particularly in road construction and maintenance.

The organization operates through two main segments: Build, Operate and Transfer/Toll Operate and Transfer, and Construction. Its services extend beyond roadways to include real estate, hospitality, and airport development, as well as functioning as an investment manager.

Founded in 1998, IRB Infrastructure Developers is headquartered in Mumbai, India. The company reported a trailing 12 months revenue of Rs. 8,318.2 Crores and has demonstrated strong profitability, achieving a profit of Rs. 6,454.8 Crores over the past four quarters.

IRB Infrastructure Developers also returns value to its shareholders through dividends, boasting a dividend yield of 1.12% per year, with a distribution of Rs. 0.5 dividend per share over the last 12 months. Notably, the company has experienced a revenue growth of 31.6% over the past three years, showcasing its robust position in the infrastructure sector.

Industry Group:Construction

Employees:3,180

Website:www.irb.co.in

Revenue Breakdown

Analysis of IRB Infrastructure Developers's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Dec 31, 2024

Description	Share	Value
Construction	55.9%	1.1 kCr
BOT/TOT PROJECTS	32.0%	647.7 Cr
InvIT's and Related Assets	12.1%	244.9 Cr
Total		2 kCr

Latest News and Updates from IRB Infrastructure Developers

Updated May 5, 2025

IRB Infrastructure Developers Ltd continues to be a significant player in the construction sector, with a focus on transport infrastructure projects. While the company maintains a steady performance, there are mixed signals regarding market conditions and competitive pressures. Investors are advised to approach with caution and conduct thorough research before making decisions.

The Bad News

Business Today

Despite a solid performance history, IRB faces increasing competition within the infrastructure sector, which may affect future profitability.

Moneycontrol

Market fluctuations and economic uncertainties could pose risks to IRB's projected growth and project timelines.

Business Today

The company's dependence on government contracts raises concerns about revenue stability amidst changing political landscapes.

The Good News

Moneycontrol

IRB Infrastructure has shown a robust track record in managing large-scale infrastructure projects effectively.

Moneycontrol

The Moneycontrol Stock Score for IRB indicates strong financial metrics, suggesting a favorable evaluation among peers.

Business Today

The company's ongoing projects are set to bolster its revenue stream and improve overall market positioning.

This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.

Valuation
Market Cap	26.55 kCr
Price/Earnings (Trailing)	4.11
Price/Sales (Trailing)	3.19
EV/EBITDA	2.63
Price/Free Cashflow	7.28
MarketCap/EBT	3.73

Fundamentals
Revenue (TTM)	8.32 kCr
Rev. Growth (Yr)	0.63%
Rev. Growth (Qtr)	19.34%
Earnings (TTM)	6.45 kCr
Earnings Growth (Yr)	3.12%
Earnings Growth (Qtr)	5.93%

Profitability
Operating Margin	15.82%
EBT Margin	85.6%
Return on Equity	46.32%
Return on Assets	14.4%
Free Cashflow Yield	13.74%

Investor Care
Dividend Yield	1.14%
Dividend/Share (TTM)	0.5
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	10.69

Financial Health
Current Ratio	1.27
Debt/Equity	1.35
Debt/Cashflow	0.22

Cash Flow for IRB Infrastructure Developers

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	90.8%	707	371	720
Dividend income	123%	166	75	0
Adjustments for interest income	75.1%	353	202	208
Net Cashflows from Operations	356.7%	1,257	276	-248.4
Income taxes paid (refund)	332%	109	26	42
Net Cashflows From Operating Activities	361%	1,149	250	-290.5
Cashflows used in obtaining control of subsidiaries	-100.8%	0	122	491
Proceeds from sales of long-term assets	-46.6%	214	400	0
Cash receipts from repayment of advances and loans made to other parties	768.3%	1,564	181	796
Dividends received	123%	166	75	0
Interest received	20.7%	357	296	112
Other inflows (outflows) of cash	73.9%	-93.95	-362.89	-5.16
Net Cashflows From Investing Activities	-14112.2%	-3,795.07	-25.71	-268.5
Proceeds from issuing shares	-	0	0	5,287
Proceeds from issuing debt	-	4,460	0	350
Proceeds from borrowings	-41.2%	1,400	2,379	2,920
Repayments of borrowings	83.2%	3,526	1,925	6,235
Dividends paid	123%	166	75	0
Interest paid	137.2%	753	318	713
Other inflows (outflows) of cash	1327.7%	1,135	-91.37	-1,621
Net Cashflows from Financing Activities	7949.7%	2,549	-31.46	-12.4
Net change in cash and cash eq.	-151%	-96.83	193	-571.4

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	23%	1,863	1,515	1,891
Change in inventories	-71.1%	5.91	18	4.21
Depreciation	19.6%	995	832	683
Adjustments for interest income	32.5%	270	204	294
Net Cashflows from Operations	117.8%	4,280	1,966	560
Income taxes paid (refund)	11.9%	226	202	196
Net Cashflows From Operating Activities	129.9%	4,054	1,764	364
Proceeds from sales of PPE	-97.7%	1.47	21	15
Purchase of property, plant and equipment	-41.7%	29	49	247
Purchase of intangible assets	-	210	0	1,142
Purchase of intangible assets under development	-100.3%	0	381	0
Proceeds from sales of long-term assets	155.3%	237	-425.77	33
Cash receipts from repayment of advances and loans made to other parties	2503.1%	834	33	0
Interest received	34%	265	198	116
Other inflows (outflows) of cash	70.9%	536	314	-133.92
Net Cashflows From Investing Activities	-459.7%	-3,644.5	-650.35	-1,553.43
Proceeds from issuing other equity instruments	-	0	0	5,287
Proceeds from issuing debt	4272.4%	4,460	-105.87	350
Proceeds from borrowings	-16.1%	1,731	2,062	793
Repayments of borrowings	221%	4,838	1,508	2,556
Payments of lease liabilities	6.5%	4.78	4.55	4.34
Dividends paid	123%	166	75	0
Interest paid	35.1%	1,659	1,228	1,661
Other inflows (outflows) of cash	-	0	0	-1,621
Net Cashflows from Financing Activities	44.5%	-477.17	-860.5	589
Net change in cash and cash eq.	-127.3%	-67.89	253	-600.76

Pros

Technicals: Bullish SharesGuru indicator.

Size: Market Cap wise it is among the top 20% companies of india.

Growth: Good revenue growth. With 31.6% growth over past three years, the company is going strong.

Balance Sheet: Reasonably good balance sheet.

Smart Money: Smart money has been increasing their position in the stock.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Profitability: Very strong Profitability. One year profit margin are 78%.

Cons

Momentum: Stock has a weak negative price momentum.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Share Holdings

Understand IRB Infrastructure Developers ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
IRB HOLDING PRIVATE LIMITED	29.48%
Other	19.86%
QUANT MUTUAL FUND - QUANT MID CAP FUND	3.42%
GOVERNMENT OF SINGAPORE	1.83%
VIRENDRA D MHAISKAR	0.84%
SUDHA DATTATRAY MHAISKAR	0.08%
DEEPALI VIRENDRA MHAISKAR	0.02%
DSM PROJECTS PRIVATE LIMITED	0%
SDM VENTURES PRIVATE LIMITED	0%
VIRENDRA D MHAISKAR HUF	0%
IDEAL TOLL AND INFRASTRUCTURE PVT LTD	0%
ARYAN VIRENDRA MHAISKAR	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for IRB Infrastructure Developers

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-22.5%	80	103	77	199	37	6.44
Current investments	-100.4%	0	241	0	0	0	0
Loans, current	30.8%	103	79	594	626	613	486
Total current financial assets	-13.8%	2,289	2,656	3,184	2,998	2,768	2,412
Current tax assets	42.9%	61	43	0	0	57	53
Total current assets	-8%	3,195	3,471	4,037	3,788	3,547	2,996
Non-current investments	0.1%	13,537	13,529	11,862	8,752	8,278	8,270
Loans, non-current	0%	1,182	1,182	1,182	1,182	1,182	1,182
Total non-current financial assets	1.6%	18,763	18,471	16,372	13,145	12,644	12,606
Total non-current assets	1.6%	18,763	18,471	16,372	13,145	12,644	12,606
Total assets	0.1%	21,958	21,942	20,409	16,933	16,481	15,602
Borrowings, non-current	-2.6%	5,080	5,216	1,532	2,823	2,768	3,015
Total non-current financial liabilities	-3.8%	5,080	5,278	1,532	2,823	2,768	3,015
Provisions, non-current	251%	2.72	1.49	0.77	1.33	2.29	2.36
Total non-current liabilities	-2.2%	5,296	5,414	1,639	2,907	2,844	3,088
Borrowings, current	-3.6%	3,964	4,110	6,519	3,042	3,003	2,453
Total current financial liabilities	-1.5%	6,829	6,930	9,379	4,902	4,802	3,911
Provisions, current	15.1%	1.99	1.86	0.49	1.34	2.09	1.53
Current tax liabilities	-	0	0	2.84	0.03	20	4.67
Total current liabilities	-1.7%	6,924	7,044	9,590	5,073	4,886	4,027
Total liabilities	-1.9%	12,220	12,458	11,229	7,980	7,730	7,115
Equity share capital	0%	604	604	604	604	604	604
Total equity	2.7%	9,738	9,484	9,180	8,953	8,751	8,487
Total equity and liabilities	0.1%	21,958	21,942	20,409	16,933	16,481	15,602

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-40.1%	140	233	123	301	151	53
Current investments	-100.1%	0.71	265	18	196	276	464
Loans, current	-9.2%	70	77	574	618	569	418
Total current financial assets	-12.2%	3,025	3,444	3,950	5,480	4,953	3,888
Inventories	12.7%	330	293	337	299	290	317
Current tax assets	20.8%	65	54	11	12	75	82
Total current assets	-3.9%	4,649	4,839	5,447	6,965	5,990	5,127
Property, plant and equipment	5.5%	961	911	927	935	954	946
Capital work-in-progress	95.5%	14	7.65	7.76	7.54	11	27
Investment property	-	0	-	0	0	0	0
Goodwill	0%	7.8	7.8	7.8	7.8	7.8	7.8
Non-current investments	-1.8%	9,212	9,377	7,922	4,945	4,571	4,441
Loans, non-current	-	0	0	0	0	0	3.81
Total non-current financial assets	3.4%	14,994	14,508	12,589	9,250	8,667	9,977
Total non-current assets	0.2%	40,174	40,081	38,685	35,801	35,996	37,439
Total assets	-0.2%	44,822	44,920	44,132	42,766	43,453	42,567
Borrowings, non-current	1.2%	17,052	16,854	13,245	14,248	14,291	15,475
Total non-current financial liabilities	-0.6%	26,842	27,007	23,619	24,901	25,222	26,690
Provisions, non-current	55.3%	8.55	5.86	68	54	65	52
Total non-current liabilities	-0.2%	27,221	27,266	23,881	25,083	25,586	27,124
Borrowings, current	-0.6%	1,784	1,795	4,845	2,492	2,323	1,211
Total current financial liabilities	-4.5%	3,338	3,496	6,150	3,835	3,498	2,668
Provisions, current	-44.6%	47	84	3.4	3.44	9.92	7.58
Current tax liabilities	4364.7%	30	0.32	13	2.37	90	20
Total current liabilities	-6.2%	3,666	3,909	6,657	4,304	3,722	2,877
Total liabilities	-0.9%	30,886	31,176	30,539	29,387	30,430	30,001
Equity share capital	0%	604	604	604	604	604	604
Total equity	1.4%	13,936	13,745	13,593	13,379	13,023	12,566
Total equity and liabilities	-0.2%	44,822	44,920	44,132	42,766	43,453	42,567

Price to Sales Ratio

Latest reported: ₹3

Revenue (Last 12 mths)

Latest reported: ₹8 kCr

Net Income (Last 12 mths)

Latest reported: ₹6 kCr

Income Statement for IRB Infrastructure Developers

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	16%	4,826	4,160	2,600	2,750	3,992	3,385
Other Income	154.7%	1,025	403	476	320	171	239
Total Income	28.2%	5,851	4,563	3,075	3,070	4,162	3,623
Cost of Materials	-	0	0	1,789	0	0	0
Employee Expense	10.7%	84	76	48	43	61	53
Finance costs	90.8%	707	371	720	492	319	228
Other expenses	13.6%	4,156	3,657	89	2,333	3,412	2,882
Total Expenses	20.5%	4,947	4,104	2,645	2,867	3,792	3,163
Profit Before exceptional items and Tax	97.2%	904	459	430	203	370	460
Exceptional items before tax	-	0	0	0	0	-1.65	0
Total profit before tax	97.2%	904	459	430	203	368	460
Current tax	-12.2%	66	75	49	4.72	89	131
Deferred tax	581.8%	76	12	61	9.42	0.23	0.14
Total tax	62.8%	141	87	110	14	89	131
Total profit (loss) for period	105.1%	762	372	320	189	279	329
Other comp. income net of taxes	-139.1%	-64.75	169	25	278	-346.02	-117.55
Total Comprehensive Income	29.1%	698	541	344	466	-66.82	211
Earnings Per Share, Basic	168.4%	1.26	0.62	0.769	0.536	0.794	0.935
Earnings Per Share, Diluted	168.4%	1.26	0.62	0.769	0.536	0.794	0.935
Debt equity ratio	0.3%	098	066	064	-	-	-
Debt service coverage ratio	0.7%	0.0269	0.0197	036	-	-	-
Interest service coverage ratio	0.2%	0.0269	0.0251	0.0174	-	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	35.8%	1,349	994	1,254	1,426	1,340	1,114
Other Income	-45.1%	141	256	206	517	204	145
Total Income	19.2%	1,490	1,250	1,460	1,943	1,544	1,259
Employee Expense	17.6%	21	18	20	19	27	23
Finance costs	18.6%	154	130	137	357	126	124
Other expenses	12.7%	1,016	902	1,141	1,167	1,192	939
Total Expenses	13.3%	1,190	1,050	1,299	1,543	1,345	1,087
Profit Before exceptional items and Tax	50.3%	300	200	161	401	199	172
Exceptional items before tax	-	4,795	0	0	0	0	0
Total profit before tax	2459.8%	5,095	200	161	401	199	172
Current tax	-52.2%	7.22	14	5.49	-0.85	26	29
Deferred tax	112%	54	26	14	88	-35.49	13
Total tax	53.8%	61	40	20	87	-9.98	42
Total profit (loss) for period	3065.4%	5,034	160	142	314	209	130
Other comp. income net of taxes	-277.7%	-125.16	72	1.5	-87.02	-10.96	-4.1
Total Comprehensive Income	2033.9%	4,909	231	143	227	198	126
Earnings Per Share, Basic	1105.5%	8.34	0.27	0.23	0.52	0.35	0.21
Earnings Per Share, Diluted	1105.5%	8.34	0.27	0.23	0.52	0.35	0.21
Debt equity ratio	0%	0.01	0.01	097	098	086	088
Debt service coverage ratio	1%	0.03	0.02	0.0178	0.0263	0.0203	0.0266
Interest service coverage ratio	0%	0.03	0.03	0.0256	0.0263	0.0287	0.0266

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	15.7%	7,409	6,402	5,804	5,299	6,852	6,707
Other Income	163.1%	793	302	552	189	195	196
Total Income	22.4%	8,202	6,703	6,355	5,488	7,047	6,903
Cost of Materials	-3.1%	406	419	470	399	437	323
Employee Expense	13.9%	394	346	287	262	287	286
Finance costs	23%	1,863	1,515	1,891	1,692	1,564	1,120
Depreciation and Amortization	19.6%	995	832	683	582	468	540
Other expenses	36.1%	3,277	2,408	2,249	2,125	3,157	3,160
Total Expenses	25.7%	6,935	5,519	5,580	5,060	5,913	5,429
Profit Before exceptional items and Tax	6.9%	1,266	1,184	776	427	1,134	1,473
Exceptional items before tax	-	0	0	0	-165.8	57	0
Total profit before tax	6.9%	1,266	1,184	776	262	1,191	1,473
Current tax	-26.5%	184	250	178	186	432	619
Deferred tax	51.9%	162	107	10	-41.77	22	4.1
Total tax	-3.1%	346	357	188	144	454	623
Total profit (loss) for period	-15.9%	606	720	361	117	721	850
Other comp. income net of taxes	-140.1%	-66.75	170	22	276	-348.12	-121.41
Total Comprehensive Income	-39.5%	539	890	384	394	373	729
Earnings Per Share, Basic	-100%	1	1.19	0.869	0.333	2.051	2.418
Earnings Per Share, Diluted	-100%	1	1.19	0.869	0.333	2.051	2.418
Debt equity ratio	0.1%	0.0106	099	-	-	-	-
Debt service coverage ratio	0%	0.0198	0.0199	-	-	-	-
Interest service coverage ratio	-0.2%	0.0261	0.0279	-	-	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	27.7%	2,025	1,586	1,853	2,061	1,969	1,745
Other Income	-61.2%	65	166	119	443	109	130
Total Income	19.3%	2,090	1,752	1,972	2,504	2,077	1,875
Cost of Materials	146.6%	144	59	142	117	124	82
Employee Expense	1.9%	109	107	101	96	106	108
Finance costs	6.2%	461	434	439	615	433	435
Depreciation and Amortization	14.8%	265	231	255	274	251	233
Other expenses	20.9%	789	653	753	958	869	760
Total Expenses	19.1%	1,768	1,485	1,690	2,060	1,783	1,618
Profit Before exceptional items and Tax	21.1%	323	267	282	444	294	257
Exceptional items before tax	-	5,804	0	0	0	0	0
Total profit before tax	2203%	6,127	267	282	444	294	257
Current tax	-36%	33	51	50	24	68	51
Deferred tax	106.2%	67	33	39	96	-11.55	35
Total tax	20.5%	101	84	89	120	56	86
Total profit (loss) for period	5985.9%	6,026	100	140	189	187	96
Other comp. income net of taxes	-280.9%	-125.64	71	1.01	-90.48	-10.51	-3.57
Total Comprehensive Income	3370%	5,900	171	141	98	177	92
Earnings Per Share, Basic	1181.9%	9.98	0.17	0.23	0.31	0.31	0.16
Earnings Per Share, Diluted	1181.9%	9.98	0.17	0.23	0.31	0.31	0.16
Debt equity ratio	0%	0.01	0.01	0.0106	0.0106	0.0102	0.0105
Debt service coverage ratio	0%	0.01	0.01	0.0114	0.0184	0.0183	0.0198
Interest service coverage ratio	0%	0.03	0.03	0.0281	0.0232	0.028	0.0265

Is IRB Infrastructure Developers Better than it's peers?

Detailed comparison of IRB Infrastructure Developers against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LT	Larsen & ToubroCivil Construction	4.58 LCr	2.52 LCr	+2.27%	-3.73%	27.73	1.82	+16.75%	+10.26%
NCC	NCCCivil Construction	13.06 kCr	22.7 kCr	+0.55%	-17.07%	15.51	0.58	+16.85%	+19.48%
HGINFRA	H.G. Infra EngineeringCivil Construction	7.14 kCr	5.42 kCr	+4.79%	-5.81%	13.02	1.32	+3.73%	+5.57%
PNCINFRA	PNC InfratechCivil Construction	6.54 kCr	7.8 kCr	-5.10%	-40.94%	5.76	0.84	-7.56%	+72.23%
DBL	Dilip BuildconCivil Construction	6.16 kCr	11.72 kCr	-7.27%	-10.75%	10.89	0.53	+1.14%	+339.29%
SADBHAV	Sadbhav EngineeringCivil Construction	235.22 Cr	1.31 kCr	+20.37%	-54.53%	-0.82	0.18	-39.03%	+30.06%

IRB - IRB Infrastructure Developers Limited Share Price

What does IRB Infrastructure Developers Limited do?

The Bad News

The Good News

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Updates from IRB Infrastructure Developers