IRB Infrastructure Developers Ltd Share Price

Construction - Civil / Turnkey - Large

NSE: IRB Mid Cap ISIN: INE821I01022

As on 22 January 2025 at 15:59 IST

₹52.33

-0.75

(-1.41%)

Sell Buy

About IRB Infrastructure Developers Ltd

IRB Infrastructure Developers Ltd stands as a prominent force in India’s infrastructure sector. It was founded on July 27, 1998, and specializes in highway development and road construction projects. IRB Infrastructure operates from its headquarters at IRB Complex in Chandivali, Powai, Mumbai. The company’s core business revolves around three main areas - highway construction and development, expressway projects and road maintenance services. IRB Infrastructure has demonstrated robust growth in its share value over the recent year. Over the years, the company has established itself as a key player in the nation’s infrastructure growth story. Read More...

Over 1 Month

-3.72%

Over 6 Months

-21.72%

Over 1 Year

10.81%

Over 3 Years

128.20%

IRB Infrastructure Developers Ltd Summary

Close ₹ 52.33

Open ₹ 53.40

High ₹ 53.43

Low ₹ 50.88

Volume 1,33,33,721

Net Turnover (in ₹) ₹ 60,93,32,391.43

52Wk High ₹ 78.15

52Wk Low ₹ 45.06

52Wk High / Low

45.06

78.15

IRB Infrastructure Developers Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 32,055.01

EPS (TTM) 1.37

Book Value (BV) 16.13

Div. Yield 0.56 %

P/E (TTM) 38.76

Price/Book Value 3.29

Delivery % 33 %

Face Value 1

Key Ratios

PE Ratio 46.44

PB Ratio 3.72

EV to Sales 8.95

PEG Ratio 0.45

ROA 4.04

ROE 8.27

Debt-Equity 0.82

Net Profit Margin 15.80

Operating Profit Margin 33.40

IRB Infrastructure Developers Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	8,201.76	6,703.31	6,355.45	5,487.53	7,047.18
Total Expenses	6,935.47	5,519.35	5,579.60	5,060.11	5,913.49
Profit Before Tax	951.44	1,076.95	549.63	261.62	1,175.23
Profit After Tax	605.82	720.01	361.40	117.15	720.86
Operating Profit after Depreciation	3,129.60	2,698.59	2,666.47	2,119.86	2,698.05

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	25,513.76	26,480.11	27,306.87	27,739.08	28,037.48
Total Non Current Assets	40,080.88	35,801.08	37,439.16	35,683.68	35,370.56
Total Current Assets	4,839.43	6,965.10	5,127.46	5,489.97	4,517.60
TOTAL ASSETS	44,920.31	42,766.18	42,566.62	41,173.64	39,888.16
Total Shareholder's Fund	13,744.50	13,378.90	12,565.64	6,900.77	6,682.88

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	4,053.79	1,764.13	364.11	866.80	3,709.23
Net Cash used in Investing Activities	-3,644.50	-650.35	-1,553.43	-8,176.07	-4,932.01
Net Cash used in Financing Activities	-477.17	-860.50	588.57	7,519.88	1,387.78

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	5,850.70	4,563.31	3,075.40	3,070.06	4,162.29
Total Expenses	4,946.95	4,104.03	2,645.49	2,867.41	3,792.46
Profit Before Tax	903.76	459.29	429.91	202.65	368.19
Profit After Tax	762.39	372.26	319.79	188.51	279.20
Operating Profit after Depreciation	1,611.06	830.44	1,150.04	694.58	689.25

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	-	-	-	-	-
Total Non Current Assets	18,471.31	13,144.72	12,606.33	11,028.15	8,931.33
Total Current Assets	3,471.02	3,787.98	2,996.14	4,047.88	3,888.19
TOTAL ASSETS	21,942.33	16,932.69	15,602.47	15,076.03	12,819.52
Total Shareholder's Fund	9,484.26	8,952.70	8,487.34	2,856.28	2,565.90

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,148.79	250.07	-290.50	1,422.21	-425.08
Net Cash used in Investing Activities	-3,795.07	-25.70	-268.51	-2,391.47	-2,362.39
Net Cash used in Financing Activities	2,549.45	-31.46	-12.40	1,201.40	3,124

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,585.84	1,852.94	2,061.24	1,968.54	1,745
Total Expenses	902.82	1,049.30	1,306.70	1,149.81	1,025.66
Profit Before Tax	183.39	228.66	309.01	243.47	181.58
Profit After Tax	99.87	139.98	188.88	187.42	95.75
Operating Profit after Depreciation	848.80	922.39	1,197.79	927.48	848.85

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	993.75	1,254.41	1,425.95	1,340.28	1,113.87
Total Expenses	919.94	1,161.40	1,185.54	1,219.03	962.78
Profit Before Tax	200.24	161.50	400.70	199.06	171.70
Profit After Tax	159.89	141.84	313.57	209.04	129.74
Operating Profit after Depreciation	330.22	298.62	757.74	325.37	296.09

IRB Infrastructure Developers Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 52.32

S2 51.55

S3 50.11

Pivot 53.76

R1 54.53

R2 55.97

R3 56.74

Moving Average

20 SMA 55.37

50 SMA 54.47

100 SMA 56.50

200 SMA 61.69

IRB Infrastructure Developers Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

IRB Infrastructure Developers Ltd

₹0.1/Share

Announcement Date 08 Nov 2024

Record Date 08 Nov 2024

Div Yield 10%

AGM Date: 20 Sep 2022

AGM 20/09/2022 Please note that Board of Directors of the Company at their meeting held on August 22, 2022 has convened 24th Annual General Meeting of the Company on Tuesday, September 20, 2022 through Video Conferencing. (As Per BSE Announcement Dated on 22.08.2022) Annual Report of the Company for the FY 2021-22. (As Per BSE Announcement Dated on 25.08.2022) We hereby submit the proceedings and Voting results of the 24th Annual General Meeting (AGM) of IRB Infrastructure Developers Ltd held on Tuesday, September 20, 2022, at 02.00 P.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) to transact the business as per the notice dated August 22, 2022 (As Per BSE Announcement Dated on 20.09.2022) IRB Infrastructure Developers Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 21.09.2022)

AGM Date: 27 Sep 2023

AGM 27/09/2023 The Board of Directors of the Company at their meeting held on August 30, 2023, has approved to convene 25th Annual General Meeting of the Company on Wednesday, September 27, 2023 through Video Conferencing. (As Per BSE Announcement Dated on 30.08.2023) Pursuant to Regulation 30 and 47 of the SEBI LODR, Regulations, 2015, enclosed are the copies of newspaper advertisment published in the Financial Express (in English) and Loksatta (in Marathi) regarding notice of 25th Annual General Meeting and e-voting and other related information. (As Per BSE Announcement Dated on 05/09/2023) The Proceedings and Voting Results of the Annual General Meeting of IRB Infrastructure Developers Limited held on Wednesday, September 27, 2023 at 12 noon through Video Conferencing. Alteration of Articles of Association of the Company (As Per BSE Announcement Dated on 27.09.2023) Revised submission of proceedings of 25th Annual General Meeting held on September 27, 2023 with conclusion time. (As per BSE Announcement Dated on 08/04/2024)

AGM Date: 24 Sep 2024

AGM 24/09/2024 Notice of the 26th Annual General Meeting of the Company. (As Per BSE Announcement dated on 29.08.2024) The proceedings and Voting Results of the Annual General Meeting of IRB Infrastructure Developers Limited held on Tuesday, September 24, 2024 through Video Conferencing. (As Per BSE Announcement dated on 24.09.2024) Revised submission of proceedings of 26th Annual General Meeting held on September 24, 2024, with conclusion time. (As Per Bse Announcement Dated on 30.09.2024)

IRB Infrastructure Developers Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
IRB Infrastructure Developers Ltd	₹53.10	₹32,067.09
Larsen & Toubro Ltd	₹3,536.05	₹4,86,253.07
Rail Vikas Nigam Ltd	₹419.50	₹87,466.59
NBCC (India) Ltd	₹95.10	₹25,677
K E C International Ltd	₹938.55	₹24,984.20
Ircon International Ltd	₹213.70	₹20,098.82

IRB Infrastructure Developers Ltd News

IRB Infra toll revenue surges 19% YoY in Dec'24

IRB Infrastructure Developers toll collection jumped 19% to Rs 580 crore in December 2024 as against Rs 488 crore posted in December 2023.

10 Jan 2025, 10:05 am

IRB Infrastructure Developers receives affirmation in credit ratings from India Ratings & Research

03 Jan 2025, 07:20 pm

IRB Infra toll revenue climbs 23% YoY in Nov'24

IRB Infrastructure Developers toll collection jumped 23% to Rs 536 crore in November 2024 as against Rs 437 crore posted in November 2023.

10 Dec 2024, 10:37 am

IRB Infra Q2 PAT rises 4% YoY to Rs 100 cr

IRB Infrastructure Developers consolidated net profit increased 4.30% to Rs 99.86 crore in Q2 FY25 as against Rs 95.74 crore posted in Q2 FY24.

31 Oct 2024, 11:59 am

Board of IRB Infrastructure Developers recommends second interim dividend

Of Rs 0.1 per share

30 Oct 2024, 04:49 pm

IRB Infrastructure Developers Ltd Stock Analysis

Annual revenue for IRB Infrastructure Developers Ltd increased by 28.21% to ₹5,850.70 crore in FY 2024 from ₹4,563.31 crore in FY 2023.
Annual Net Profit for IRB Infrastructure Developers Ltd increased by 104.80% to ₹762.39 crore in FY 2024 from ₹372.26 crore in FY 2023.
Promoter Shareholding in IRB Infrastructure Developers Ltd remains unchanged by 0.00% in the most recent quarter, from 30.42% in September 2024 to 30.42% in December 2024.
IRB Infrastructure Developers Ltd delivered a 1-year return of 10.81% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
IRB Infrastructure Developers Ltd share price moved down by 1.41% from its previous close of INR ₹53.08. The latest IRB Infrastructure Developers Ltd share price is INR ₹52.33.
IRB Infrastructure Developers Ltd share price today has been at a low of 50.88 and a high of 53.43. Over the past 52 weeks, the IRB Infrastructure Developers Ltd share price has seen a low of 45.06 and a high of 78.15.

About IRB Infrastructure Developers Ltd

IRB Infrastructure Developers Ltd stands as a prominent force in India’s infrastructure sector. It was founded on July 27, 1998, and specialises in highway development and road construction projects. Over the years, the company has established itself as a key player in the nation’s infrastructure growth story.

IRB Infrastructure operates from its headquarters at IRB Complex in Chandivali, Powai, Mumbai. The company’s registered office is located at Hiranandani Knowledge Park. Meanwhile, its registrar’s office is in the Financial District, Hyderabad.
Under the leadership of Chairman and Managing Director Virendra D. Mhaiskar, IRB Infrastructure has achieved several pioneering milestones in India’s infrastructure sector. There are also some managerial promoters who have played a massive part in the company’s success. They are

Ravindra Dhariwal
Priti Savla
Vijay N Bhatt
Priti Savla
Vijay N Bhatt

IRB Holding Private Limited holds about 29.48% of the equity. This backing has allowed the company to carve a niche in Engineering, Procurement, and Construction (EPC) projects and Build-Operate-Transfer (BOT) ventures. Its core business revolves around three main areas

Highway construction and development
Expressway projects
Road maintenance services

It does not hold the top position in terms of stock market performance within its sector. However, IRB Infrastructure has demonstrated robust growth in its share value over the recent year. The company continues to maintain a significant market presence. It has also contributed substantially to India’s infrastructure development landscape.
IRB Infrastructure Developers Ltd has delivered quality infrastructure projects across India through its innovative approach and technical expertise. Its commitment to excellence in road development has positioned it as a trusted name in the sector.

IRB's Pioneering Expressway Projects

IRB Infrastructure Developers Ltd has created a niche for itself in the Indian infrastructure sector. Its pioneering efforts in the development of expressway projects stand out as a hallmark of its success. Founded in 1998, the company has leveraged its expertise to build high-quality highways and expressways.

One of the most remarkable achievements of IRB Infrastructure Developers Ltd is its execution of the first Build-Operate-Transfer (BOT) project in India. This project was a trailblazer. It set a precedent for future infrastructure developments in the country. The BOT model allowed IRB to construct and maintain the highway for a specified period before transferring it back to the government. This innovative approach showcased IRB’s technical prowess. It also highlighted the company’s ability to manage large-scale projects efficiently.

Building on the success of its initial projects, IRB ventured into developing the first expressway project in India. The expressway reduced travel time between key destinations, enhancing economic activities. It also improved the quality of life for commuters. The success of this project cemented IRB’s reputation as a leader in the infrastructure sector, capable of delivering complex projects with high safety standards.

IRB's expressway projects are characterised by their adherence to stringent quality standards. The company employs cutting-edge construction technologies and materials. This is to ensure that its highways and expressways are durable and safe. These projects are designed to withstand heavy traffic and adverse weather conditions. IRB also focuses on quality, so it has earned the trust of stakeholders, including the government, investors, and the general public.

Another key factor in IRB’s success is its commitment to sustainability. The company incorporates environmentally friendly practices in its projects. IRB also places a strong emphasis on reducing the environmental impact of its operations. For instance, the company takes measures to reduce carbon emissions during construction. This commitment to sustainability is good for the environment. It also aligns with their global efforts to combat climate change.

IRB's pioneering expressway projects have also had a significant economic impact. These projects have improved connectivity between major cities and industrial hubs. They have also facilitated trade and commerce, contributing to economic growth. The reduced travel time and improved road safety have even attracted investment in the regions. This has led to job creation and overall economic development.

The leadership of IRB Infrastructure Developers Ltd has played a pivotal role in driving the company’s growth and success. Led by Chairman and Managing Director Virendra D. Mhaiskar, the management team has a clear vision for the future. Their workforce is also committed to excellence. This has enabled IRB to navigate various challenges and seize new opportunities.

Furthermore, IRB’s expressway projects have enhanced the quality of life for millions of commuters. The smooth and efficient road networks have reduced travel stress and made daily commutes more manageable. The improved infrastructure has also promoted tourism by providing better access to popular destinations. As a result, IRB has made a lasting impact on the daily lives of people across India.

IRB’s commitment to excellence and innovation positions it well to meet future challenges. The company’s focus on delivering quality infrastructure projects aligns with the government’s vision for a more connected India. As the country continues to invest in infrastructure development, IRB is poised to play a key role in shaping the future of India’s transport network.