IRB Infrastructure Developers Ltd
IRB Infrastructure Developers is engaged in carrying out construction works in accordance with EPC contract, providing operation and maintenance services and undertakes trading activities.
- Market Cap ₹ 3,961 Cr.
- Current Price ₹ 113
- High / Low ₹ 139 / 45.6
- Stock P/E 29.0
- Book Value ₹ 186
- Dividend Yield 4.43 %
- ROCE 13.8 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.61 times its book value
- Stock is providing a good dividend yield of 4.43%.
- Company has been maintaining a healthy dividend payout of 17.94%
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.11% for last 3 years.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,382 | 1,538 | 1,432 | 1,789 | 1,948 | 1,773 | 1,752 | 1,743 | 1,584 | 1,022 | 1,123 | 1,547 | |
723 | 791 | 762 | 1,028 | 1,188 | 918 | 1,005 | 1,029 | 945 | 621 | 610 | 846 | |
Operating Profit | 659 | 747 | 670 | 760 | 760 | 855 | 747 | 714 | 639 | 402 | 513 | 701 |
OPM % | 48% | 49% | 47% | 43% | 39% | 48% | 43% | 41% | 40% | 39% | 46% | 45% |
Other Income | 50 | 45 | 53 | 47 | 51 | 48 | 49 | 48 | 108 | 51 | 46 | 48 |
Interest | 209 | 248 | 272 | 287 | 314 | 363 | 381 | 410 | 410 | 366 | 435 | 441 |
Depreciation | 115 | 134 | 137 | 132 | 136 | 154 | 114 | 96 | 105 | 84 | 129 | 191 |
Profit before tax | 384 | 410 | 314 | 388 | 361 | 387 | 301 | 256 | 231 | 3 | -5 | 116 |
Tax % | 38% | 39% | 45% | 44% | 42% | 47% | 34% | 38% | 33% | 1,118% | -320% | 40% |
Net Profit | 240 | 250 | 173 | 219 | 208 | 207 | 200 | 160 | 154 | -30 | -20 | 69 |
EPS in Rs | 6.82 | 7.12 | 4.92 | 6.23 | 5.92 | 5.88 | 5.70 | 4.54 | 4.39 | -0.86 | -0.56 | 1.98 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
992 | 1,705 | 2,438 | 3,133 | 3,687 | 3,732 | 3,849 | 5,128 | 5,846 | 5,694 | 6,707 | 6,852 | 5,277 | |
552 | 906 | 1,347 | 1,757 | 2,048 | 1,973 | 1,631 | 2,461 | 2,789 | 3,005 | 3,763 | 3,887 | 3,022 | |
Operating Profit | 440 | 799 | 1,091 | 1,376 | 1,639 | 1,758 | 2,218 | 2,666 | 3,057 | 2,689 | 2,944 | 2,965 | 2,255 |
OPM % | 44% | 47% | 45% | 44% | 44% | 47% | 58% | 52% | 52% | 47% | 44% | 43% | 43% |
Other Income | 37 | 49 | 62 | 123 | 133 | 121 | 113 | 127 | 123 | 295 | 196 | 252 | 252 |
Interest | 148 | 249 | 352 | 550 | 624 | 760 | 937 | 1,070 | 1,342 | 976 | 1,126 | 1,574 | 1,652 |
Depreciation | 114 | 182 | 225 | 297 | 442 | 477 | 707 | 853 | 855 | 544 | 540 | 468 | 510 |
Profit before tax | 215 | 417 | 576 | 651 | 707 | 642 | 686 | 870 | 984 | 1,464 | 1,473 | 1,175 | 346 |
Tax % | 18% | 3% | 19% | 24% | 22% | 28% | 21% | 26% | 27% | 37% | 42% | 39% | |
Net Profit | 176 | 385 | 452 | 496 | 557 | 459 | 543 | 639 | 715 | 920 | 850 | 721 | 174 |
EPS in Rs | 5.29 | 11.60 | 13.61 | 14.92 | 16.75 | 13.81 | 15.45 | 18.18 | 20.36 | 26.17 | 24.18 | 20.51 | 4.95 |
Dividend Payout % | 32% | 17% | 11% | 12% | 24% | 29% | 26% | 22% | 25% | 19% | 10% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 12% |
3 Years: | 5% |
TTM: | -27% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | -1% |
TTM: | -82% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | -13% |
3 Years: | -20% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
332 | 332 | 332 | 332 | 332 | 332 | 351 | 351 | 351 | 351 | 351 | 351 | 351 | |
Reserves | 1,398 | 1,708 | 2,100 | 2,524 | 2,923 | 3,228 | 4,009 | 4,485 | 4,920 | 5,341 | 5,964 | 6,331 | 6,190 |
Borrowings | 2,486 | 2,915 | 4,624 | 7,072 | 8,776 | 11,084 | 12,576 | 15,626 | 13,963 | 13,832 | 16,599 | 9,205 | 15,662 |
385 | 586 | 923 | 929 | 1,034 | 1,059 | 22,453 | 21,699 | 27,406 | 20,865 | 17,549 | 23,997 | 17,938 | |
Total Liabilities | 4,600 | 5,541 | 7,980 | 10,858 | 13,066 | 15,704 | 39,391 | 42,162 | 46,641 | 40,389 | 40,464 | 39,885 | 40,141 |
2,016 | 3,467 | 3,362 | 5,554 | 5,509 | 8,554 | 31,764 | 35,149 | 24,388 | 31,071 | 32,943 | 27,671 | 27,826 | |
CWIP | 1,455 | 880 | 2,507 | 2,445 | 4,916 | 4,487 | 4,835 | 4,020 | 6,806 | 5,648 | 3,797 | 403 | 39 |
Investments | 111 | 45 | 55 | 14 | 62 | 15 | 9 | 36 | 146 | 945 | 645 | 4,146 | 4,292 |
1,019 | 1,149 | 2,055 | 2,845 | 2,579 | 2,648 | 2,783 | 2,957 | 15,301 | 2,724 | 3,079 | 7,666 | 7,984 | |
Total Assets | 4,600 | 5,541 | 7,980 | 10,858 | 13,066 | 15,704 | 39,391 | 42,162 | 46,641 | 40,389 | 40,464 | 39,885 | 40,141 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
262 | 903 | 1,069 | 1,110 | 1,445 | 1,655 | 1,823 | 2,340 | 3,192 | 2,132 | 2,710 | 3,709 | |
-605 | -1,022 | -2,373 | -2,673 | -2,243 | -2,394 | -2,297 | -3,144 | -2,981 | -2,621 | -4,081 | -4,932 | |
331 | 143 | 1,341 | 1,758 | 699 | 925 | 475 | 671 | -202 | 410 | 1,438 | 1,388 | |
Net Cash Flow | -12 | 24 | 37 | 195 | -99 | 186 | 2 | -133 | 9 | -79 | 66 | 165 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 9% | 14% | 15% | 14% | 12% | 11% | 10% | 10% | 12% | 12% | 12% | 14% |
Debtor Days | 5 | 6 | 6 | 2 | 1 | 1 | 0 | 1 | 4 | 8 | 6 | 23 |
Inventory Turnover | 0.01 | 0.01 | 0.03 | 0.04 | 2.32 | 1.97 | 1.68 | 1.34 | 0.85 | 0.21 | 0.72 | 1.16 |
Documents
Add documentRecent announcements
- Update - Thane Ghodbunder BOT Project 24 Feb
- Announcement Under Regulation 30 - LODR-Allotment 22 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Feb
- Intimation Under Reg 30 Of SEBI LODR 10 Feb
- Outcome Of The Meeting Of The Board Of Directors Of The Company Held On February 9, 2021. 9 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse