IRB Infrastructure

    IRB
    Infra
    ₹19.64
    price as of 11/9/2026, 5:28:08 pm

    Market cap ₹23,721 Cr

    P/E
    25.18
    Day range
    ₹19.35 – ₹19.79
    52-week range
    ₹18.76 – ₹23.95
    Volume
    89.78 L
    Open
    ₹19.79
    Prev close
    ₹19.91
    Promoters pledged 7.8% of their shares
    52-week range, adjusted for splits and bonuses
    ₹18.76₹23.95
    25 Aug 202621 May 2026
    Index membership
    NIFTY 500NIFTY SMALLCAP 250

    Price history

    6M change -6.70%RSI (14) 53.0 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 35.1% today vs 43.0% average · BSE close ₹19.64

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹16₹24₹32₹40₹480%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Key metrics

    P/E (TTM)
    25.5
    EPS (TTM)
    ₹0.78
    ROE (FY26)
    4.2%
    ROCE (latest year)
    7%
    Dividend yield
    0.85%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +6.1%
    Profit 3Y CAGR
    +5.7%
    Revenue YoY (Jun 2026)
    +1.8%
    Profit YoY (Jun 2026)
    +51.5%
    Operating margin
    54.0%
    Net margin
    14.3%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0%15%30%45%60%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • FII
    • Promoter
    • Public
    • DII
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-9.0K Cr-4.5K Cr0 Cr4.5K Cr9.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr5.5K Cr11.0K Cr16.5K Cr22.0K Cr0.0x0.7x1.4x2.1x2.8x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,7451,9692,0611,8531,5862,0252,1492,0991,7511,8711,9272,137
    Expenses1,0261,1501,3071,0499031,0411,1511,147826849844985
    Operating Profit7198197558046839849989529251,0221,0831,153
    OPM %41%42%37%43%43%49%46%45%53%55%56%54%
    Other Income1301094431191665,869696649-25035
    Interest435433615439434461458462451436406438
    Depreciation233251274255231265286269262289321333
    Profit before tax1822433092291836,127323286261295406417
    Tax %47%23%39%39%46%2%33%29%46%29%27%26%
    Net Profit961871891401006,026215202141211296306
    EPS in Rs₹0.08₹0.16₹0.16₹0.12₹0.08₹4.99₹0.18₹0.17₹0.12₹0.17₹0.25₹0.25

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also in other business segments in the infrastructure sector, including maintenance of roads, construction, airport development and real estate. [1]

    Strengths

    • Stock is trading at 1.13 times its book value

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 7.62% over past five years.
    • Company has a low return on equity of 4.85% over last 3 years.
    • Promoter holding has decreased over last 3 years: -3.40%

    Compounded Sales Growth

    10 Years
    +4%
    5 Years
    +8%
    3 Years
    +6%
    TTM
    -2%

    Compounded Profit Growth

    10 Years
    +3%
    5 Years
    +50%
    3 Years
    +8%
    TTM
    +18%

    Stock Price CAGR

    10 Years
    +5%
    5 Years
    +18%
    3 Years
    +7%
    1 Year
    -7%

    Return on Equity

    10 Years
    +6%
    5 Years
    +5%
    3 Years
    +5%
    Last Year
    +4%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter30.42%30.42%30.79%30.81%+0.02 pp
    FII43.40%43.32%43.84%43.87%+0.03 pp
    DII9.58%9.97%10.02%10.14%+0.12 pp
    Government0.01%0.01%0.01%0.01%0.00 pp
    Public16.59%16.29%15.32%15.17%-0.15 pp

    Filed with NSE for Jun 2026: promoters 30.81%, public 69.19% · XBRL filing

    Analysts & fund holdings

    100%
    100% recommend buy
    5 analysts cover the stock
    Valuation vs Construction & Engineering
    P/E25.2 vs 45.8
    Sector P/B6.15
    Beta1.00

    Who holds the shares, quarter by quarter

    Mutual funds 4.72% (+0.11 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Apr 26
    Jun 26
    • Promoters30.8%
    • Foreign institutions43.9%
    • Mutual funds4.7%
    • Insurance5.4%
    • Other domestic institutions0.0%
    • Retail12.2%
    • Others3.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Quant Mid Cap Fund2.11%6.00%-0.57 pp
    Quant Multi Cap Fund0.76%2.26%-0.23 pp
    Quant Small Cap Fund0.76%0.49%-0.10 pp
    ICICI Pru Infrastructure Fund0.34%0.90%-0.10 pp
    ICICI Pru Multi Cap Fund0.34%0.39%-0.07 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.05 Per Share

      5 Aug 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.05 Per Share

      26 May 2026
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      30 Mar 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.07 Per Share

      18 Feb 2026
      ex-date
    • dividend
      ₹0.07

      Interim Dividend - Rs 0.07 Per Share

      18 Nov 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.07 Per Share

      29 Aug 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.10 Per Share

      6 Feb 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.10 Per Share

      8 Nov 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.1 Per Share

      20 Aug 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.10 Per Share

      15 May 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.10 Per Share

      8 Feb 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Inteim Dividend - Re 0.10 Per Share

      6 Nov 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.075 Per Share

      29 May 2023
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share

      22 Feb 2023
      ex-date
    • dividend
      ₹1.25

      Interim Dividend - Rs 1.25 Per Share

      12 Aug 2022
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      16 Jul 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Sept 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      27 Aug 2018
      ex-date
    • dividend
      ₹2.50

      Interim Dividend- Rs 2.50 Per Share (Purpose Revised)

      1 Aug 2018
      ex-date
    • dividend
      ₹2.50

      Interim Dividend Rs 2.50 Per Share (Purpose Revised)

      15 Feb 2018
      ex-date

    Insider trades

    Last 12 months, market trades
    Net buying ₹117 Cr
    24 buys · ₹117 Cr
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy24,62,400₹5.4 Cr30 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹4.9 Cr30 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹5.0 Cr25 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹4.9 Cr25 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹4.9 Cr25 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹5.0 Cr20 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy12,00,000₹5.0 Cr20 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy11,00,000₹4.6 Cr18 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy11,00,000₹4.5 Cr18 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy11,00,000₹4.6 Cr18 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy11,00,000₹4.7 Cr13 Mar 2026
    IRB Holding Private Limited (Formerly known as Mhaiskar Ventures Private Limited)
    Promoter Group · Market Purchase
    		Buy11,00,000₹4.6 Cr13 Mar 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Company Update
    Project Wise Toll Revenue For The Month Of August, 2026

    Project wise toll revenue for the month of August, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Copy of Newspaper Advertisement regarding notice of 28th Annual General Meeting and E-voting and other related information.

    Company Update
    Dispatch Of Letters To The Members Providing A Weblink Along With Exact Path, To Access The Annual Report Of The Company For The FY 2025-26 In Compliance With Reg 36(1)(B) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Dispatch of letters to the members providing a weblink along with exact path, to access the Annual Report of the Company for the FY 2025-26 in compliance with Reg 36(1)(b) of SEBI (Listing ....

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustainability Report for FY ended March 31, 2026.

    Others
    Reg. 34 (1) Annual Report.

    Notice of 28th Annual General Meeting and Annual Report for FY 2025-26 of IRB Infrastructure Developers Limited

    AGM/EGMPrice-sensitive
    Notice Of 28Th Annual General Meeting And Annual Report For FY 2025-26 Of IRB Infrastructure Developers Limited

    Notice of 28th Annual General Meeting and Annual Report for FY 2025-26 of IRB Infrastructure Developers Limited

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Copy of newspaper advertisement regarding Notice of 28th Annual General Meeting

    Company Update
    Intimation Of Schedule Of Analysts/ Institutional Investor Meeting

    Intimation of Schedule of Analysts/ Institutional Investor Meeting

    Company Update
    Continuation Of Directorship Of Mr. Ravindra Dhariwal And Convening Of 28Th Annual General Meeting.

    Continuation of Directorship of Mr. Ravindra Dhariwal and convening of 28th Annual General Meeting.

    Company Update
    Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    Scheme of Amalgamation of certain wholly owned subsidiaries with IRB Infrastructure Developers Limited.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    The Board of Directors has approved Investment in Units of IRB InvIT Fund, through subscription in a preferential issue.

    Company Update
    Intimation Of Schedule Of Analysts/ Institutional Investor Meeting

    Intimation of Schedule of Analysts/ Institutional Investor Meeting

    Company Update
    Toll Revenue For The Month Of July, 2026

    Project wise toll revenue for the month of July, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    The transcript of the earnings call held on July 30, 2026 is available on the website of the Company.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    Result of Postal Ballot

    Filed with BSE (scrip 532947); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.