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IRB Infrastructure Developers Ltd.

15.74−0.50 (−3.08%)

BSE · 30 Oct, 4:01 PM

: ₹19,010.77 Cr
: 19.92
: 10,24,024
: ₹16.16 - ₹15.68
: ₹23.94 - ₹15.68

IRB Infrastructure Developers Ltd. (IRB) share price closed at ₹15.74 on the BSE on Friday, October 30, 2026, down by 3.08% from its of ₹16.24. In that session IRB reached a of 16.16 and of 15.68. The for the session was 15.86. The stands at 18.08 and is at 20.14. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹16.10

₹16.24

₹15.86

₹18.08

Price 12.94% below

₹20.14

Price 21.85% below

Key Fundamentals

: 19,010.77 Cr₹19.01 Thousand Crore
: 0.79
: 19.92
: 0.87
: 18.10
: 4,358.01 Cr₹4.36 Thousand Crore
: 1.65 %
Sector
Industry: Engineering - Construction
: 4.17
: 0.86

Industry Comparison

Ratio	Company	Sector
	19.92	15.50
	0.86	0.43
	0.87	1.40
	1.23	1.59
	1.65 %	0.00 %
Operating Margin	52.07 %	11.89 %

Sector figures are the median of 96 listed Infrastructure companies.

Peer Comparison

Name
LARSEN & TOU LT	3,858.00	29.71	5,30,828.43	0.99	5,949.15	27.17%	78,749.94	15.84%	15.98
RVNL RVNL	179.80	41.67	37,488.66	0.39	159.52	18.73%	4,321.23	10.55%	10.81
CEMPRO CEMPRO	1,264.75	38.71	23,324.89	0.24	140.83	2.62%	2,720.92	5.61%	33.53
KPIL KPIL	1,345.00	20.07	22,968.91	0.82	311.53	45.85%	6,407.97	3.84%	18.95
IRB Infrastructure Developers Ltd. IRB	15.74	19.92	19,010.77	1.65	306.27	51.26%	2,137.27	1.82%	7.72
ENGINRS.(I) ENGINERSIN	251.65	18.04	14,143.80	1.99	196.68	135.58%	824.20	-10.54%	30.94
TECHNOE TECHNOE	830.00	22.40	9,652.86	0.84	93.33	-31.44%	630.34	19.84%	14.86
IRCON IRCON	96.65	17.36	9,090.08	1.97	92.03	-43.92%	1,955.83	9.49%	10.15

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	2,061.24	1,852.94	1,585.84	2,025.44	2,149.24	2,098.97	1,751.02	1,871.17	1,927.00	2,137.27
Expenses	1,171.38	995.92	819.10	1,041.22	1,151.38	1,146.98	826.41	848.73	844.20	984.72
	889.86	857.01	766.75	984.22	997.87	951.99	924.60	1,022.43	1,082.80	1,152.56
	43.17%	46.25%	48.35%	48.59%	46.43%	45.35%	52.80%	54.64%	56.19%	53.93%
	443.25	118.75	165.78	5,869.07	68.62	65.61	49.28	-1.60	49.89	35.39
Interest	614.55	438.72	434.21	461.36	457.65	462.00	450.96	436.42	405.77	438.02
	274.23	255.01	231.20	265.10	286.31	269.21	262.12	289.41	321.31	333.38
	309.02	228.65	183.39	6,126.83	322.53	286.39	260.81	295.01	405.61	416.55
	38.88%	38.78%	45.54%	1.64%	33.42%	29.30%	46.00%	28.55%	26.96%	26.47%
	188.88	139.98	99.87	6,026.11	214.72	202.48	140.82	210.79	296.26	306.27
	312.71	0.23	0.17	9.98	0.36	0.34	0.23	0.35	0.49	0.25

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	5,803.70	6,401.64	7,409.00	7,613.47	7,648.15
	5,803.70	6,401.64	7,409.00	7,613.47	7,648.15
EXPENDITURE :
Raw Material Consumed	470.13	418.76	406.33	600.91	672.66
Power & Fuel Cost	17.38	12.80	18.18	25.83	28.19
Employee Cost	287.32	346.16	394.03	425.64	423.47
Other Manufacturing Expenses	1,792.60	1,958.57	2,830.65	2,485.19	2,111.12
General and Administration Expenses	342.63	349.32	272.05	202.88	168.98
Selling and Distribution Expenses	10.88	12.46	18.14	13.57	12.49
Miscellaneous Expenses	81.86	67.95	132.92	250.27	248.62
	3,002.79	3,166.02	4,072.28	4,004.28	3,665.52
Operating Profit (Excl OI)	2,800.91	3,235.62	3,336.71	3,609.19	3,982.63
	551.75	301.67	792.76	418.08	205.83
	3,352.66	3,537.29	4,129.48	4,027.27	4,188.46
Interest	1,894.04	1,521.21	1,868.24	1,795.27	1,755.95
PBDT	1,458.62	2,016.08	2,261.24	2,232.00	2,432.51
	682.77	832.12	994.95	1,037.63	1,142.04
Profit Before Taxation & Exceptional Items	775.85	1,183.96	1,266.29	1,194.37	1,290.47
Exceptional Income / Expenses				5,804.13	-42.65
	549.63	1,076.95	951.44	6,861.39	1,247.82
Provision for Tax	188.24	356.94	345.62	380.71	397.46
	361.40	720.01	605.82	6,480.68	850.36
Extra items	0.00		0.00	0.00	0.00
Consolidated Net Profit	361.40	720.01	605.82	6,480.68	850.36
Profit Balance B/F	5,166.58	5,520.28	6,165.28	6,594.49	12,835.62
Appropriations	5,527.97	6,240.29	6,771.10	13,075.17	13,685.98
Equity Dividend %		20.00%	30.00%	30.00%	26.00%
	5.98	1.19	1.00	10.73	1.41
Adjusted EPS	0.30	0.60	0.50	5.37	1.41

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	603.90	603.90	603.90	603.90	603.90
Total Reserves	11,961.74	12,775.00	13,140.61	19,222.68	20,344.88
Reserve excluding Revaluation Reserve	11,961.74	12,775.00	13,140.61	19,222.68	20,344.88
	12,565.64	13,378.90	13,744.51	19,826.58	20,948.78
Secured Loans	12,501.97	10,751.78	12,761.48	13,780.00	12,198.13
Unsecured Loans	2,262.67	2,546.33	2,868.52	3,330.80	3,598.70
Deferred Tax Assets / Liabilities	-43.54	63.72	203.05	2,039.38	2,460.19
Other Long Term Liabilities	12,221.55	11,603.56	11,376.82	11,117.98	10,941.90
Long Term Provisions	52.04	53.75	5.86	7.55	70.91
Total Non-Current Liabilities	26,994.69	25,019.14	27,215.72	30,275.71	29,269.84
Trade Payables	381.73	502.23	675.74	521.75	256.85
Other Current Liabilities	1,890.69	2,457.37	2,560.20	2,783.98	2,975.00
Short Term Borrowings	577.56	1,339.07	589.15	431.86	536.13
Short Term Provisions	667.64	245.89	429.25	169.19	81.74
Total Current Liabilities	3,517.62	4,544.57	4,254.34	3,906.77	3,849.72
Total Liabilities	43,077.95	42,942.60	45,214.57	54,009.07	54,068.33
Gross Block	29,779.04	29,779.53	29,793.56	29,899.30	30,209.74
Less: Accumulated Depreciation	2,507.94	3,299.42	4,279.80	5,283.36	6,314.12
	27,271.10	26,480.11	25,513.76	24,615.94	23,895.62
	26.76	7.54	7.65	0.77	4.01
Non Current Investments	4,440.72	4,945.24	9,377.01	17,080.56	19,147.01
Long Term Investment	4,440.72	4,945.24	9,377.01	17,080.56	19,147.01
Long Term Loans & Advances	609.01	141.45	11.54	428.74	432.59
Other Non Current Assets	4,926.90	4,163.09	5,120.15	5,813.79	5,837.07
Total Non-Current Assets	37,310.26	35,737.42	40,030.11	47,939.80	49,316.51
Currents Investments	463.50	195.70	265.03	16.72	181.20
Inventories	317.46	299.00	293.09	338.58	366.96
Sundry Debtors	993.55	1,635.23	758.61	330.95	155.38
Cash and Bank	1,743.85	2,417.14	1,762.60	3,445.69	1,910.96
Other Current Assets	261.46	565.28	523.43	436.00	492.53
Short Term Loans and Advances	1,987.89	2,092.84	1,581.70	1,501.32	1,644.80
Total Current Assets	5,767.70	7,205.19	5,184.46	6,069.27	4,751.82
Net Current Assets (Including Current Investments)	2,250.08	2,660.62	930.12	2,162.49	902.10
Total Assets	43,077.95	42,942.60	45,214.57	54,009.07	54,068.33
	148.48	535.84	391.36	360.37	183.82
Total Debt	15,929.84	15,742.11	17,402.11	18,991.63	18,024.88
	208.07	22.15	22.76	32.83	34.69
Adjusted Book Value	10.40	11.08	11.38	16.42	34.69

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	549.63	1,076.95	951.44	6,861.39	1,247.82
Adjustment	2,240.34	2,189.07	2,423.22	-3,712.99	1,584.21
Changes In working Capital	-2,229.56	-1,299.93	905.18	-1,006.69	-658.75
Cash Flow after changes in Working Capital	560.41	1,966.09	4,279.84	2,141.71	2,173.28
Cash Flow from Operating Activities	364.11	1,764.13	4,053.79	1,971.21	2,098.03
Cash Flow from Investing Activities	-1,553.43	-650.35	-3,644.50	375.36	-909.58
Cash Flow from Financing Activitie	588.56	-860.50	-477.17	-719.71	-2,701.67
Net Cash Inflow / Outflow	-600.76	253.28	-67.89	1,626.86	-1,513.23
Opening Cash & Cash Equivalents	648.04	47.28	300.56	232.67	1,859.53
Closing Cash & Cash Equivalent	47.28	300.56	232.67	1,859.53	346.31

Ratios

Valuation

19.92

0.87

8.06

2.47

0.79

18.10

Profitability

4.17

7.72

1.57

52.07

11.12

Leverage & Liquidity

0.86

1.23

1.71

Returns

1.65

0.14

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	30.42	30.42	30.42	30.42	30.42	30.42	30.42	30.79	30.81	31.18
	52.12	54.09	53.65	53.65	53.83	52.99	53.30	53.88	54.02	53.83
	17.46	15.49	15.93	15.93	15.75	16.60	16.28	15.34	15.17	15.00
	69.58	69.58	69.58	69.58	69.58	69.58	69.58	69.21	69.19	68.82
No. of Shareholders	16,98,570	17,17,191	17,17,295	17,25,502	16,72,808	16,34,099	15,84,438	15,31,356	15,25,882	15,15,489

Mutual Funds Invested(64)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 10 active funds hold 4.48% in IRB Infrastructure Developers Ltd., contributing to ₹947 Cr of holdings

Fund				As of
QU Quant Mid Cap Fund - Growth - Direct PlanMid Cap Fund	436.43	5.70	24,95,32,148	Sep '26
QU Quant Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	157.79	2.10	9,02,15,884	Sep '26
QU Quant Small Cap Fund - Growth - Direct PlanSmall cap Fund	156.52	0.44	8,94,88,799	Sep '26
IP ICICI Prudential Infrastructure Fund - Growth - Direct PlanInfrastructure	69.56	0.85	3,97,71,384	Sep '26
IP ICICI Prudential Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	69.45	0.37	3,97,10,787	Sep '26
IP ICICI Prudential Mid Cap Fund - Growth - Direct PlanMid Cap Fund	24.41	0.31	1,39,54,878	Sep '26
QU Quant Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	20.20	0.28	1,15,48,785	Sep '26
NI Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	10.60	0.31	60,61,129	Sep '26
HD HDFC NIFTY Smallcap 250 ETFIndex	8.32	0.31	47,56,127	Sep '26
ID Bandhan Infrastructure Fund - Growth - Direct PlanInfrastructure	7.66	0.55	43,80,903	Sep '26

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-08-27	AGM
2026-07-27	Ex Dividend	Interim Dividend	2026-08-05	2026-08-05
2026-07-27	Board Meeting	Quarterly Results & Interim Dividend

Insider Trading

Date	Person	Category	Transaction Type	Shares
2026-09-07	IRB Holding Pvt Ltd	Market	Sell	12,891,600
2026-09-02	IRB Holding Pvt Ltd	Market	Buy	10,500,000
2026-09-02	IRB Holding Pvt Ltd	Market	Buy	10,500,000
2026-09-02	IRB Holding Pvt Ltd	Market	Buy	10,500,000

Sector Overview

InfrastructureEngineering - Construction

IRB Infrastructure Developers Ltd. operates in the Infrastructure sector under the Engineering - Construction industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

10 members across the board and senior leadership

Mehul Patel

Company Secretary & Compliance Officer

—

Virendra D Mhaiskar

Chairman & Managing Director

₹12.52 Cr

Mar '26

Deepali V Mhaiskar

Whole Time Director

₹9.71 Cr

Mar '26

Luis Aguirre De Carcer Cabezas

Non Independent & Non Executive Director

₹17.50 L

Mar '26

Ravindra Dhariwal

Non Independent & Non Executive Director

₹10.00 L

Mar '26

Vijay N Bhatt