profit from every ₹100 of sales.
₹0₹100
IRB InvIT Fund
₹61.42+0.41% today
+0.6% in 1 year
1-year low ₹57.991-year high ₹65.00
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 ₹29.98 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 InvIT Fund sold, what it kept, and what it did with the cash.
Sales went from ₹10.2 billion in 2023 to ₹14.8 billion in 2026, with ₹3.39 billion of profit last year.
SalesProfit
IRB InvIT Fund handed back 62% of the cash it generated last year.
₹4.9B
Free cash flow 2026₹10.0B
Bought back its own shares₹1.3B
Paid as dividends₹4.9B
Cash vs. debt₹2.5B vs. ₹93.6B
IRB InvIT Fund vs. similar companies
IRB InvIT Fund grows in the middle 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 InvIT Fund | 30.0× · 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 InvIT Fund'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 |
|---|---|---|---|---|
| 10,158 | 10,567 | 10,841 | 14,846 | |
| 9,474 | 9,781 | 9,902 | 13,842 | |
| 5,583 | 6,445 | 6,479 | 8,070 | |
| 8,272 | 8,849 | 8,928 | 12,148 | |
| 3,696 | 3,731 | 3,556 | 3,386 | |
| 6.37 | 6.43 | 6.13 | 3.78 | |
| 93.3% | 92.6% | 91.3% | 93.2% | |
| 55.0% | 61.0% | 59.8% | 54.4% | |
| 36.4% | 35.3% | 32.8% | 22.8% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 125,190 | 125,739 | 123,404 | 229,810 |
| Cash | 8 | 87 | 11 | 2,491 |
| Total debt | 30,380 | 30,486 | 31,975 | 93,610 |
| Total liabilities | 85,127 | 86,589 | 85,335 | 148,068 |
| 40,063 | 39,150 | 38,069 | 81,742 | |
| 581 | 581 | 581 | 895 | |
| 6.3% | 7.4% | 7.2% | 3.8% | |
| 9.2% | 9.5% | 9.3% | 4.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 8,091 | 9,872 | 9,606 | 12,748 | |
| 6,484 | 1,860 | 2,653 | 2,768 | |
| 1,607 | 8,012 | 6,953 | 9,979 | |
| Dividends paid | 3,135 | 4,122 | 3,512 | 4,872 |
| 1,887 | 522 | 1,132 | 1,295 | |
| – | – | – | – |
Valuation
- 30.0×
- –
- –
- 0.9×
- 6.8×
- 10.2×
- 15.9×
- 9.8%
- 3.3%
- 4.8%
Profitability
- 93.2%
- 54.4%
- 22.8%
- –
- 3.6%
- 5.9%
- –
- –
- –
- –
Growth
- +13.5%
- −16.0%
- –
- –
- +15.5%
Financial health
- 7.5×
- 1.15
- –
- 1.8×
- 2.00
- –
- –
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 19%of 979
Top 1%of 984
Bottom 32%of 862
Top 23%of 983
Top 13%of 986
4.8%of the share price, paid each year
On $1,000 invested$48a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
143.9% of its profit
Room to growStretchedMore than it earns: 48.8%
News
No recent news on file.
Insider 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
1/7Passes 1 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
53No pass
Benjamin Graham
69Pass
Philip Fisher
56No pass
Peter Lynch
43No pass
Joel Greenblatt
22No pass
Charlie Munger
48No pass
Terry Smith
58No pass
Questions about IRB InvIT Fund
Is IRB InvIT Fund a good stock to buy?
A business with weak numbers at a fair price. 1 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 InvIT Fund AI analysis
What does IRB InvIT Fund do?
IRB InvIT Fund specializes in investing in toll road assets in the Indian states of Maharashtra, Gujarat, Rajasthan, Karnataka, and Tamil Nadu. It is in Infrastructure Operations, based in Mumbai, India.
Does IRB InvIT Fund pay a dividend?
Yes. At today's price the dividend is 4.8% a year, about 144% of its yearly profit. In 2026 it paid out ₹4.87 billion in dividends.
Is IRB InvIT Fund stock halal?
No. IRB InvIT Fund does not pass our halal screen: its debt is 92% of its market value, at or above the 33% limit. How we check
How has IRB InvIT Fund stock done over the past year?
Up 0.6% over the past twelve months, to ₹61.42. It traded between ₹57.99 and ₹65.00 and is 5.5% below its high.
Who are IRB InvIT Fund'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 InvIT Fund's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.