profit from every ₹100 of sales.
₹0₹100
IRB Infrastructure Developers
₹18.27+5.36% today
-13.1% since Dec 15, 25
1-year low ₹15.731-year high ₹22.84
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹25.95 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What IRB Infrastructure Developers sold, what it kept, and what it did with the cash.
Sales went from ₹63.2 billion in 2023 to ₹63.3 billion in 2026, with ₹8.50 billion of profit last year.
SalesProfit
IRB Infrastructure Developers handed back 9% of the cash it generated last year.
₹1.3B
Free cash flow 2026₹13.7B
Bought back its own shares–
Paid as dividends₹1.3B
Cash vs. debt₹3.5B vs. ₹200.3B
IRB Infrastructure Developers vs. similar companies
IRB Infrastructure Developers grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| IRB Infrastructure Developers | 25.9× · Fair price | ||
 Transurban Group | 238.5× · Very expensive | ||
 Salik Company P.J.S.C. | 26.6× · Fair price | ||
 Jiangsu Expressway | 15.3× · Fair price | ||
 China Merchants Expressway Network & Technology Holdings Co.,Ltd. | 15.0× · Cheap |
AI analysis
An AI analyst reads IRB Infrastructure Developers's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 63,246 | 73,625 | 70,620 | 63,298 | |
| 38,292 | 40,635 | 39,686 | 35,303 | |
| 24,054 | 23,488 | 20,168 | 15,215 | |
| 33,524 | 36,932 | 96,910 | 41,450 | |
| 7,200 | 6,058 | 64,807 | 8,504 | |
| 0.60 | 0.50 | 5.37 | 0.70 | |
| 60.5% | 55.2% | 56.2% | 55.8% | |
| 38.0% | 31.9% | 28.6% | 24.0% | |
| 11.4% | 8.2% | 91.8% | 13.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 427,662 | 449,203 | 538,960 | 540,536 |
| Cash | 2,861 | 2,268 | 18,393 | 3,463 |
| Total debt | 167,482 | 186,534 | 205,993 | 200,271 |
| Total liabilities | 293,873 | 311,758 | 340,694 | 331,048 |
| 133,789 | 137,445 | 198,266 | 209,488 | |
| 12,078 | 12,078 | 12,068 | 6,039 | |
| 6.3% | 6.2% | 16.1% | 5.5% | |
| 5.4% | 4.4% | 32.7% | 4.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 17,641 | 40,538 | 19,712 | 20,980 | |
| 4,309 | 2,390 | 1,987 | 7,321 | |
| 13,332 | 38,148 | 17,725 | 13,660 | |
| Dividends paid | 755 | 1,661 | 2,416 | 1,268 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 25.9×
- –
- 4.66
- 1.2×
- 3.5×
- 16.2×
- 10.1×
- 6.2%
- 3.9%
- 0.6%
Profitability
- 55.8%
- 24.0%
- 13.4%
- –
- 5.5%
- 8.5%
- –
- –
- –
- –
Growth
- +0.0%
- +5.6%
- –
- –
- −20.6%
Financial health
- 4.7×
- 0.96
- –
- 1.7×
- 1.24
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 32%of 979
Top 8%of 984
Bottom 39%of 862
Bottom 15%of 983
Top 29%of 986
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
14.9% of its profit
Room to growStretchedMore than it earns: 9.3%
News
NVIDIA, Rebellions and SK Telecom Announce Collaboration to Advance Sovereign AI Infrastructure With NVIDIA NVLink FusionYahoo Finance · Nov 9, 2026Telus targets $900M annualized cash savings exiting 2028 while projecting $500M AI infrastructure revenue over 3 yearsSeeking Alpha · Nov 7, 2026Array Digital Infrastructure, Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 6, 2026Latest News In AI Chips - Race to Dominate AI Infrastructure Accelerates GloballyYahoo Finance · Nov 6, 2026Navitas anticipates AI infrastructure to more than triple in 2027 as Q4 revenue is guided to $16.0MSeeking Alpha · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
52No pass
Benjamin Graham
65Pass
Philip Fisher
60Pass
Peter Lynch
24No pass
Joel Greenblatt
35No pass
Charlie Munger
48No pass
Terry Smith
46No pass
Questions about IRB Infrastructure Developers
Is IRB Infrastructure Developers a good stock to buy?
A business with weak numbers at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the IRB Infrastructure Developers AI analysis
What does IRB Infrastructure Developers do?
IRB Infrastructure Developers Limited engages in the infrastructure development business in India. It operates through Built, Operate and Transfer/Toll Operate and Transfer; InvITs & Related Assets; and Construction segments. The company develops, operates, and maintains road. It is in Infrastructure Operations, based in Mumbai, India.
Does IRB Infrastructure Developers pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 15% of its yearly profit. In 2026 it paid out ₹1.27 billion in dividends.
Is IRB Infrastructure Developers stock halal?
No. IRB Infrastructure Developers does not pass our halal screen: its debt is 91% of its market value, at or above the 33% limit. How we check
Who are IRB Infrastructure Developers's competitors?
The largest listed companies in the same industry are Transurban Group, Salik Company P.J.S.C., Jiangsu Expressway and China Merchants Expressway Network & Technology Holdings Co.,Ltd.. The peers table on this page compares their profit, growth and price with IRB Infrastructure Developers's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.