IRB Infrastructure Trust
IRB Infrastructure Trust is engaged in to invest in infrastructure assets primarily being in the road sector in India which in the context of Ind AS 108 - Operating Segments is considered as the only segment.
- Market Cap ₹ 24,526 Cr.
- Current Price ₹ 224
- High / Low ₹ /
- Stock P/E 9.33
- Book Value ₹ 179
- Dividend Yield 1.35 %
- ROCE 13.1 %
- ROE 13.3 %
- Face Value ₹ 100
Pros
- Company has been maintaining a healthy dividend payout of 33.7%
Cons
- Tax rate seems low
- Company has a low return on equity of 10.6% over last 3 years.
- Promoters have pledged 37.9% of their holding.
- Earnings include an other income of Rs.2,776 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0 | -0 | -0 | -0 | 633 | |
| 222 | 67 | 513 | 160 | 78 | |
| Operating Profit | -222 | -67 | -513 | -160 | 554 |
| OPM % | 84% | 69% | 88% | ||
| 420 | 422 | 1,671 | 2,432 | 2,776 | |
| Interest | -0 | -0 | 254 | 560 | 604 |
| Depreciation | -0 | -0 | -0 | -0 | -0 |
| Profit before tax | 198 | 355 | 904 | 1,712 | 2,726 |
| Tax % | -0% | -0% | -0% | 0% | 4% |
| 198 | 355 | 904 | 1,712 | 2,629 | |
| EPS in Rs | 7.72 | 14.61 | 22.43 | ||
| Dividend Payout % | -0% | -0% | 68% | 15% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 95% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 8,550 | 8,793 | 13,509 | 15,089 | 15,623 |
| Reserves | 599 | 953 | 1,805 | 3,434 | 5,321 |
| 361 | 487 | 6,235 | 100 | 11,228 | |
| 3,525 | 3,587 | 4,087 | 10,411 | 4,144 | |
| Total Liabilities | 13,036 | 13,819 | 25,636 | 29,034 | 36,316 |
| -0 | -0 | -0 | -0 | -0 | |
| CWIP | -0 | -0 | -0 | -0 | -0 |
| Investments | 9,095 | 9,444 | 6,984 | 5,602 | 7,505 |
| 3,941 | 4,375 | 18,652 | 23,432 | 28,811 | |
| Total Assets | 13,036 | 13,819 | 25,636 | 29,034 | 36,316 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -168 | -222 | -71 | 9 | -267 | |
| -207 | -145 | -10,074 | -986 | -3,903 | |
| 374 | 367 | 10,159 | 978 | 4,184 | |
| Net Cash Flow | -1 | 1 | 14 | 1 | 15 |
| Free Cash Flow | -168 | -222 | -71 | 9 | -267 |
| CFO/OP | 76% | 330% | 14% | -8% | -31% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | -0 | ||||
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | -0 | ||||
| Working Capital Days | 2,358 | ||||
| ROCE % | 4% | 7% | 11% | 13% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Consolidated Toll Collection Revenue Rs. Crore |
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| Number of Toll Road Assets Count |
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| Asset-wise Revenue: AE Tollway (Agra-Etawah) Rs. Crore |
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| Asset-wise Revenue: CG Tollway Rs. Crore |
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| Asset-wise Revenue: Yedeshi Aurangabad (YATL) Rs. Crore |
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| Portfolio Length Kilometers |
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Extracted by Screener AI
Documents
Announcements
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Updates
17 May 2026 - Ganga Expressway Group 1 started toll collection on May 17, 2026.
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Outcome of Board Meeting
14 May 2026 - IRB Infrastructure Trust approved FY26 audited results and Rs 1.70/unit fourth distribution; record date May 19, 2026.
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Record Date
14 May 2026 - IRB Infrastructure Trust approved FY26 audited results and Rs 1.70/unit distribution; record date May 19, 2026.
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Disclosure of Valuation report
14 May 2026 - IRB Infrastructure Trust disclosed March 31, 2026 NAV of Rs 319.73 per unit and SPV traffic reports.
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Updates
15 May 2026 - IRB Infrastructure Trust filed FY26 secretarial compliance report on May 15, 2026; only audit chair attendance deviation noted.
Annual reports
No data available.
Concalls
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Feb 2026TranscriptPPT
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