IRB Infrastructure Developers logo

IRB Infrastructure Developers share price

NSE: IRBBSE: 532947ConstructionSmall Cap

Last close ₹16.24down ₹0.55 (3.28%)BSE ₹16.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹16.79.

52-week range of traded prices to 23 Oct 2026
₹16.09Low, 23 Oct 2026₹23.95High, 21 May 2026
Market cap
₹19,615 Cr303rd largest listed
P/E
20.6
P/B
Shares changed
Dividend yield
1.05%
ROE
4.7%
ROCE
7.3%
Debt to equity
0.96
Volume, NSE
1,05,13,69250.4% delivered

Share price

Daily closes since Feb 2008, adjusted for splits and bonuses

−25.1%over a year

ResultsSplit, bonus, rights or demerger20-session average 1,08,46,828 shares a day, 39.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 30 Jul

Revenue
₹2,137 Crup 10.91%
Net profit
₹306 Crup 3.38%
Net margin
14.3%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹5,694 Cr, differs from its quarters added, ₹5,618 Cr.

₹ croreSep 2024Filed 30 OctDec 2024Filed 31 JanMar 2025Filed 12 JunJun 2025Filed 14 AugSep 2025Filed 12 NovDec 2025Filed 13 FebMar 2026Filed 20 MayJun 2026Filed 30 Jul
Revenue1,5862,0252,1492,0991,7511,8711,9272,137
Net profit1006,026215202141211296306
Net margin6.3%297.5%10.0%9.6%8.0%11.3%15.4%14.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Construction₹3,622 Crdown 20.57%47.5%
  • BOT/ TOT Projects₹2,692 Crup 8.37%35.3%
  • InvITs & Related Assets₹1,318 Crup 73.37%17.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/B: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned. Not shown, EV/EBITDA: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 44% of 2,480 trading days over the last 10 years.

LowestHighest
Its median22.2Industry median13.1
Dividend yield

At or below today's level on 68% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.68%Industry median0.72%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−1.2%−73.8%+273.6%0.7%
3 years+21.4%+33.2%−9.3%0.6%
5 years+33.0%+53.2%−13.6%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters31.18%
  • Foreign institutions43.64%
  • Indian institutions10.18%
  • Governments0.01%
  • Individuals and others15.00%
Holder
IRB HOLDING PRIVATE LIMITEDPromoter30.31%
LICI ULIP-GROWTH FUNDInsurance companies5.13%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I1.71%
VIRENDRA D MHAISKARPromoter0.84%
DEEPALI VIRENDRA MHAISKARPromoter0.02%
SUDHA DATTATRAY MHAISKARPromoter0.01%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

63 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 52 of the 54 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Added
22
Cut
32
Held unchanged
7
Fund
quant Mutual Fund logoquant Mid Cap Fundquant Mutual Fund24,95,32,1485.70%₹436.4 Cr
quant Mutual Fund logoquant Multi Cap Fundquant Mutual Fund9,02,15,8842.10%₹157.8 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund8,94,88,7990.44%₹156.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Infrastructure FundICICI Prudential Mutual Fund3,97,71,3840.85%₹69.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund3,97,10,7870.37%₹69.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Mid Cap FundICICI Prudential Mutual Fund1,39,54,8780.31%₹24.4 Cr
quant Mutual Fund logoquant Flexi Cap Fundquant Mutual Fund1,15,48,7850.28%₹20.2 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund60,61,1290.31%₹10.6 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund47,56,1270.31%₹8.32 Cr
Bandhan Mutual Fund logoBandhan Infrastructure FundBandhan Mutual Fund43,80,9030.55%₹7.66 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to IRB Infrastructure Developers in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Larsen & Toubro logoLarsen & ToubroLT5,01,78930.24.620.8+9.8%+4.5%16.0%9.8%1.04%
Rail Vikas Nigam logoRail Vikas NigamRVNL37,80342.03.846.8+5.4%−24.5%9.3%5.8%0.94%
Kalpataru Projects International logoKalpataru Projects InternationalKPIL22,05719.42.810.3+14.6%+60.9%15.9%15.9%0.85%
NBCC (India) logoNBCC (India)NBCC18,33324.76.118.0+3.5%+30.6%27.0%20.0%1.38%
Engineers India logoEngineers IndiaENGINERSIN13,63017.44.316.3+16.3%+41.6%27.0%22.5%2.06%
Techno Electric & Engineering Company logoTechno Electric & Engineering CompanyTECHNOE9,59022.22.320.3+38.7%−6.5%10.9%10.6%0.85%
Ircon International logoIrcon InternationalIRCON9,18117.51.413.0−9.9%−21.6%8.1%4.9%1.95%
RITES logoRITESRITES9,10321.83.411.1+10.6%+7.9%15.7%17.4%4.25%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.25 a share, years to Mar 2018 and Mar 2020.
Ex-dateTypePer share
5 Aug 2026Interim₹0.05
26 May 2026Interim₹0.05
18 Feb 2026Interim₹0.07
18 Nov 2025Interim₹0.07
29 Aug 2025Interim₹0.07
6 Feb 2025Interim₹0.10
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

IRB Infrastructure Developers share price by year

Each calendar year to 2025.IRB Infrastructure Developers share price history

YearClose at year endChangeHighest closeLowest close
202521.03−26.5%30.1620.38
202428.62+37.8%38.4320.65
202320.78+42.9%21.2311.33
202214.54+27.9%15.939.04
202111.37+91.8%14.685.10
20205.93+59.1%6.632.39
20193.73−54.6%8.242.98
20188.21−31.0%14.085.98
201711.90+21.4%13.359.76
20169.80−19.6%13.069.11
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202616.7016.7216.0916.2416.321,05,13,69250.4%
22 Oct 202616.8217.0316.5616.7916.8177,92,92739.2%
21 Oct 202617.3717.3716.7516.9016.9788,36,49145.0%
19 Oct 202617.6817.6817.3217.3717.4641,46,67548.0%
16 Oct 202617.6117.6917.4117.6217.5555,66,90337.2%
15 Oct 202617.7917.8617.5017.5717.6663,12,29646.1%
14 Oct 202617.8718.1017.7017.7717.8465,95,35636.9%
13 Oct 202618.0018.0017.4517.8717.6987,62,90937.0%
12 Oct 202617.5418.2217.5417.8817.961,95,29,65627.9%
9 Oct 202617.8117.8717.3617.4817.561,22,26,65725.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
30 Mar 2026Bonus0.5000Holders received 1 bonus share for every 1 held.
22 Feb 2023Split0.1000Each share became 10.
1 Aug 2013Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About IRB Infrastructure Developers

IRB Infrastructure Developers Limited is a roads and highways infrastructure developer in India. It builds highways, collects tolls on them, and operates and maintains them. It was incorporated in 1998, has its registered office in Mumbai, and its shares are listed on the National Stock Exchange of India and BSE.

The company works through BOT, TOT and HAM projects. Its customers are government bodies, among them the National Highways Authority of India, the Maharashtra State Road Development Corporation and the Hyderabad Metropolitan Development Authority. Projects held directly by the parent company include the Ahmedabad-Vadodara Expressway and the Mumbai-Pune Expressway, along with the Pathankot-Mandi and Chittoor-Thachur highways and Sindhudurg Airport.

The wider portfolio has 29 projects, of which 28 are highway projects and one is an airport. They are spread across 13 Indian states. The company also sponsors two infrastructure investment trusts, called InvITs: IRB Infrastructure Trust, a private InvIT, and IRB InvIT Fund, a public InvIT. Each holds a set of the group's highway projects. The portfolio also includes the Hyderabad Outer Ring Road.

In 2025, the company received the TOT-17 bundle of two highway assets from the National Highways Authority of India. It names Cintra N. E., a fully owned subsidiary of the Ferrovial Group of Spain, and GIC, the sovereign wealth fund of Singapore, as its key partners.

Legal name
IRB Infrastructure Developers Limited
NSE symbol
IRB
BSE code
532947
ISIN
INE821I01022
Industry
Construction
Listed
Feb 2008
Face value
₹1
CIN
L65910MH1998PLC115967
Corporate identity number, the registrar of companies' code for it