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IRB Infrastructure Developers Limited (IRB.NS)
INR20.19
-0.13 (-0.64%)
IN NSE Industrials Industrial - Infrastructure Operations
Address
IRB Complex 400072
Mumbai, IN
Mumbai, IN
CEO
Satinder Singh Rana
Website
irb.co.in
IPO
2008-02-25
ISIN INE821I01022
Also trades on
Bombay Stock Exchange · IRB.BO (INR)
National Stock Exchange of India · IRB.NS (INR)
Description
IRB Infrastructure Developers Limited, established in 1998 and headquartered in Mumbai, India, specializes in the comprehensive development, construction, operation, and maintenance of roads and highways across India, primarily under the Build-Operate-Transfer (BOT) model. The company's operations are structured into two main segments: BOT/Toll Operate and Transfer Projects, and Construction services. In addition to its core road infrastructure business, IRB diversifies its interests into real estate development, wind energy generation and sales, hospitality ventures, and airport infrastructure. Its current portfolio boasts 23 projects, collectively spanning 12,975 lane kilometers of highways and roads. IRB Infrastructure Developers Limited operates as a subsidiary of Mhaiskar Ventures Private Limited.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR20.19
-0.13 (-0.64%)
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Volume Profile
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Liquidity & share structure
Average Volume
22M
Beta
-0.11
Float Shares
3.95B
Free Float %
32.7%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.19% | +2.41% | +0.14% | +4.18% | +0.09% | +3.00% | -15.13% | +57.18% | +298.90% | +102.43% | +128.48% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
20.19
DCF (Unlevered)
49.55
+145.4%
DCF (Levered)
22.96
+13.7%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
83% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 2 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
0.74
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Industrial - Infrastructure Operations: +6.5%-7.7% Q1'26: -17.2% (vs Q1'25)
-
EPS growth Industrial - Infrastructure Operations: +11.1%-87.0% Q1'26: +42.9% (vs Q1'25)
-
FCF margin FCF growth · Industrial - Infrastructure Operations: +42.0%-10.6% Q1'26: +66.6% (vs Q1'25)
-
EBIT margin Industrial - Infrastructure Operations: +28.4%+26.3% Q1'26: +53.2% (vs Q1'25)
-
ROIC Industrial - Infrastructure Operations: +6.7%+3.0% Q1'26: +6.1% (vs Q1'25)
-
Share dilution Industrial - Infrastructure Operations: +0.0%+0.6% Q1'26: -3.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Industrial - Infrastructure Operations: 1.25×7.02× Q1'26: 4.42× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 4 Rev. Ana. 3 EPS Ana. |
Mar 2027 2 Rev. Ana. 2 EPS Ana. |
Mar 2028 4 Rev. Ana. 3 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
17.05B
est: 18.79B (-9.3%)
|
24.38B
est: 26.03B (-6.3%)
|
31.33B
est: 32.05B (-2.3%)
|
36.87B
est: 38.50B (-4.2%)
|
37.32B
est: 39.60B (-5.8%)
|
38.49B
est: 41.13B (-6.4%)
|
51.28B
est: 49.18B (+4.3%)
|
58.46B
est: 58.17B (+0.5%)
|
56.94B
est: 56.76B (+0.3%)
|
67.07B
est: 65.66B (+2.1%)
|
68.52B
est: 67.70B (+1.2%)
|
52.99B
est: 54.53B (-2.8%)
|
58.04B
est: 58.70B (-1.1%)
|
64.02B
est: 62.92B (+1.7%)
|
74.09B
est: 76.28B (-2.9%)
|
70.62B
est: 75.96B (-7.0%)
|
74.83B
74.04B – 76.38B
-1.5% YoY
|
79.94B
79.33B – 80.55B
+6.8% YoY
|
88.18B
79.18B – 103.00B
+10.3% YoY
|
88.07B
85.21B – 90.92B
-0.1% YoY
|
| EBITDA |
8.48B
est: 3.57B (+137.3%)
|
11.53B
est: 4.97B (+131.8%)
|
14.69B
est: 6.09B (+141.3%)
|
16.41B
est: 6.34B (+158.9%)
|
17.82B
est: 6.85B (+160.0%)
|
22.12B
est: 5.17B (+327.4%)
|
26.60B
est: 6.81B (+290.4%)
|
30.48B
est: 9.53B (+219.9%)
|
26.83B
est: 6.43B (+317.3%)
|
29.37B
est: 13.67B (+114.9%)
|
29.67B
est: 10.85B (+173.5%)
|
25.10B
est: 2.56B (+881.8%)
|
27.94B
est: 2.68B (+943.8%)
|
32.27B
est: 3.29B (+882.0%)
|
33.28B
est: 35.15B (-5.3%)
|
30.51B
est: 34.92B (-12.6%)
|
34.49B
34.12B – 35.20B
-1.2% YoY
|
36.84B
36.56B – 37.12B
+6.8% YoY
|
40.64B
36.49B – 47.47B
+10.3% YoY
|
40.59B
39.27B – 41.90B
-0.1% YoY
|
| EBIT |
6.66B
est: 5.71B (+16.7%)
|
9.27B
est: 8.58B (+8.1%)
|
11.72B
est: 10.69B (+9.5%)
|
12.00B
est: 12.88B (-6.8%)
|
13.05B
est: 12.26B (+6.4%)
|
15.05B
est: 13.46B (+11.8%)
|
18.07B
est: 17.46B (+3.5%)
|
21.94B
est: 21.51B (+2.0%)
|
21.39B
est: 21.45B (-0.2%)
|
23.98B
est: 26.14B (-8.3%)
|
25.03B
est: 25.49B (-1.8%)
|
19.31B
est: 20.43B (-5.5%)
|
21.15B
est: 21.39B (-1.1%)
|
23.99B
est: 26.26B (-8.6%)
|
23.37B
est: 24.45B (-4.4%)
|
20.17B
est: 37.10B (-45.6%)
|
23.98B
23.73B – 24.48B
-35.4% YoY
|
25.62B
25.43B – 25.82B
+6.8% YoY
|
28.27B
25.38B – 33.02B
+10.3% YoY
|
28.23B
27.31B – 29.14B
-0.1% YoY
|
| Net Income |
4.03B
est: 3.01B (+34.1%)
|
4.64B
est: 5.34B (-13.1%)
|
4.96B
est: 5.57B (-10.9%)
|
5.57B
est: 5.96B (-6.6%)
|
4.59B
est: 5.73B (-19.8%)
|
5.43B
est: 4.84B (+12.3%)
|
6.39B
est: 6.30B (+1.5%)
|
7.15B
est: 7.61B (-6.0%)
|
9.20B
est: 7.00B (+31.5%)
|
8.50B
est: 10.61B (-19.9%)
|
7.21B
est: 9.04B (-20.2%)
|
1.17B
est: 5.75B (-79.6%)
|
3.61B
est: 6.02B (-40.0%)
|
7.20B
est: 7.39B (-2.6%)
|
6.06B
est: 12.54B (-51.7%)
|
64.81B
est: 7.87B (+724.0%)
|
8.50B
7.93B – 16.15B
+8.1% YoY
|
13.68B
11.29B – 14.46B
+60.9% YoY
|
16.24B
9.24B – 21.11B
+18.7% YoY
|
18.01B
16.32B – 19.70B
+10.9% YoY
|
| SGA |
—
est: 809.00M (-100.0%)
|
—
est: 1.05B (-100.0%)
|
802.59M
est: 1.24B (-35.1%)
|
2.26B
est: 1.75B (+29.7%)
|
2.56B
est: 2.53B (+1.4%)
|
2.07B
est: 3.07B (-32.6%)
|
2.70B
est: 3.87B (-30.2%)
|
3.01B
est: 5.37B (-44.0%)
|
3.39B
est: 5.74B (-41.0%)
|
3.16B
est: 9.12B (-65.3%)
|
3.09B
est: 8.59B (-64.0%)
|
2.99B
est: 4.83B (-38.0%)
|
3.13B
est: 5.06B (-38.2%)
|
3.74B
est: 6.21B (-39.8%)
|
4.27B
est: 3.59B (+19.0%)
|
4.60B
est: 3.56B (+29.2%)
|
3.52B
3.48B – 3.59B
-1.2% YoY
|
3.76B
3.73B – 3.79B
+6.8% YoY
|
4.15B
3.72B – 4.84B
+10.3% YoY
|
4.14B
4.01B – 4.28B
-0.1% YoY
|
| EPS |
0.58
est: 10.06 (-94.2%)
|
0.68
est: 14.66 (-95.4%)
|
0.75
est: 14.88 (-95.0%)
|
0.84
est: 16.17 (-94.8%)
|
0.69
est: 14.02 (-95.1%)
|
0.82
est: 1.59 (-48.7%)
|
0.91
est: 1.78 (-49.0%)
|
1.02
est: 1.97 (-48.3%)
|
1.31
est: 2.51 (-47.8%)
|
1.21
est: 2.57 (-53.0%)
|
1.03
est: 1.91 (-46.4%)
|
0.17
est: 0.88 (-81.3%)
|
0.44
est: 0.70 (-37.7%)
|
0.60
est: 1.12 (-46.9%)
|
0.50
est: 1.01 (-50.5%)
|
5.37
est: 0.63 (+747.1%)
|
0.87
0.65 – 1.33
+37.0% YoY
|
1.06
0.93 – 1.19
+22.1% YoY
|
1.28
0.76 – 1.74
+20.8% YoY
|
1.45
1.34 – 1.62
+13.3% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | B | 3/5 | 4/5 | 2/5 | 3/5 | 1/5 | 2/5 | 4/5 |
| 2026-05-25 | B | 3/5 | 4/5 | 2/5 | 3/5 | 1/5 | 2/5 | 4/5 |
| 2026-05-22 | B | 3/5 | 5/5 | 2/5 | 3/5 | 1/5 | 2/5 | 4/5 |
| 2026-05-21 | B | 3/5 | 5/5 | 2/5 | 3/5 | 1/5 | 2/5 | 4/5 |
| 2026-05-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-19 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-18 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-14 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
9.43B
OE per share TTM
0.77
Owner's Yield
3.68%
Maintenance CapEx ratio
50.76%
Maint CapEx / Avg PPE
11.4%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
5.38M
Shares Outstanding
12.08B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Tushar K. Kawedia | Chief Financial Officer | 40.0K | male |
| Anil D. Yadav | Director of Investments & Investor Relations | — | male |
| Anil Kumar Yadav | Chief Executive Officer of Business Development & Investment | — | male |
| Deepali Virendra Mhaiskar | Whole Time Director | — | female |
| Jitender Kumar Chauhan | COO of Construction (North Zone) | — | male |
| Laxman Surve | Chief Operating Officer of Construction - West Zone | — | male |
| Mehulkumar Natwarlal Patel | President of Corporate Affairs & Group Company Secretary | — | male |
| N. Sankar Narayan | Chief Information Officer | — | male |
| Nityanandan | Director of Operations | — | male |
| Sanjay Kumar Sharma | Head of O & M | — | male |
| Satinder Singh Rana | Chief Executive Officer of Corporate | — | — |
| Virendra Dattatraya Mhaiskar | Chairman & MD | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for IRB.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
