IRB Infrastructure Developers (532947) 주식 개요IRB 인프라 개발자는 인도에서 인프라 개발 사업을 하고 있습니다. 자세히 보기532947 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장3/6과거 실적1/6재무 건전성2/6배당3/6강점수익은 매년 23.77% 증가할 것으로 예상됩니다.분석가들은 주가가 34.9% 상승할 것이라는 데 동의합니다.위험 분석이자 지급액이 수익으로 잘 충당되지 않음이익 마진 (11.6%)이 지난해 (88.7%)보다 낮습니다.재무 결과에 영향을 미치는 대규모 일회성 항목불안정한 배당 실적모든 위험 점검 보기532947 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹21.1352.9% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0108b2016201920222025202620282031Revenue ₹108.1bEarnings ₹12.5bAdvancedSet Fair ValueView all narrativesIRB Infrastructure Developers Limited 경쟁사NBCC (India)Symbol: BSE:534309Market cap: ₹251.1bKalpataru Projects InternationalSymbol: NSEI:KPILMarket cap: ₹212.3bEngineers IndiaSymbol: NSEI:ENGINERSINMarket cap: ₹135.7bKEC InternationalSymbol: NSEI:KECMarket cap: ₹125.6b가격 이력 및 성과IRB Infrastructure Developers 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₹21.1352주 최고가₹27.1952주 최저가₹18.50베타-0.0881개월 변동-3.95%3개월 변동3.05%1년 변동-17.65%3년 변동57.57%5년 변동289.67%IPO 이후 변동123.54%최근 뉴스 및 업데이트공시 • May 15IRB Infrastructure Developers Limited to Report Q4, 2026 Results on May 20, 2026IRB Infrastructure Developers Limited announced that they will report Q4, 2026 results on May 20, 2026Reported Earnings • Feb 16Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹0.35 (down from ₹9.98 in 3Q 2025). Revenue: ₹19.1b (up 7.4% from 3Q 2025). Net income: ₹2.11b (down 97% from 3Q 2025). Profit margin: 11% (down from 338% in 3Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Feb 05IRB Infrastructure Developers Limited to Report Q3, 2026 Results on Feb 13, 2026IRB Infrastructure Developers Limited announced that they will report Q3, 2026 results on Feb 13, 2026Board Change • Nov 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹23.00 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 2.8% from 2Q 2025). Net income: ₹1.41b (up 41% from 2Q 2025). Profit margin: 7.8% (up from 5.7% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to ₹42.35. The fair value is estimated to be ₹53.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 95%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to decline by 77% in the next 2 years.더 많은 업데이트 보기Recent updates공시 • May 15IRB Infrastructure Developers Limited to Report Q4, 2026 Results on May 20, 2026IRB Infrastructure Developers Limited announced that they will report Q4, 2026 results on May 20, 2026Reported Earnings • Feb 16Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹0.35 (down from ₹9.98 in 3Q 2025). Revenue: ₹19.1b (up 7.4% from 3Q 2025). Net income: ₹2.11b (down 97% from 3Q 2025). Profit margin: 11% (down from 338% in 3Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Feb 05IRB Infrastructure Developers Limited to Report Q3, 2026 Results on Feb 13, 2026IRB Infrastructure Developers Limited announced that they will report Q3, 2026 results on Feb 13, 2026Board Change • Nov 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹23.00 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 2.8% from 2Q 2025). Net income: ₹1.41b (up 41% from 2Q 2025). Profit margin: 7.8% (up from 5.7% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to ₹42.35. The fair value is estimated to be ₹53.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 95%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to decline by 77% in the next 2 years.Declared Dividend • Nov 09Dividend of ₹0.10 announcedShareholders will receive a dividend of ₹0.10. Ex-date: 18th November 2025 Payment date: 12th December 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (2% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 95% over the next 3 years. However, it would need to fall by 97% to increase the payout ratio to a potentially unsustainable range.공시 • Nov 08IRB Infrastructure Developers Limited to Report Q2, 2026 Results on Nov 12, 2025IRB Infrastructure Developers Limited announced that they will report Q2, 2026 results on Nov 12, 2025Buy Or Sell Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹41.06. The fair value is estimated to be ₹51.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 94%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to decline by 76% in the next 2 years.Declared Dividend • Aug 16Dividend of ₹0.07 announcedShareholders will receive a dividend of ₹0.07. Ex-date: 29th August 2025 Payment date: 12th September 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (2% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 96% over the next 3 years. However, it would need to fall by 97% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 15First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹0.34 (up from ₹0.23 in 1Q 2025). Revenue: ₹21.6b (up 17% from 1Q 2025). Net income: ₹2.02b (up 45% from 1Q 2025). Profit margin: 9.4% (up from 7.6% in 1Q 2025). Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Aug 14IRB Infrastructure Developers Limited, Annual General Meeting, Sep 18, 2025IRB Infrastructure Developers Limited, Annual General Meeting, Sep 18, 2025.공시 • Aug 11IRB Infrastructure Developers Limited to Report Q1, 2026 Results on Aug 14, 2025IRB Infrastructure Developers Limited announced that they will report Q1, 2026 results on Aug 14, 2025Buy Or Sell Opportunity • Jul 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.3% to ₹45.43. The fair value is estimated to be ₹56.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 90%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 64% per annum over the same time period.Buy Or Sell Opportunity • Jun 11Now 21% undervaluedOver the last 90 days, the stock has risen 22% to ₹52.18. The fair value is estimated to be ₹65.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 90%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are forecast to decline by 66% per annum over the same time period.Reported Earnings • May 20Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₹10.73 (up from ₹1.00 in FY 2024). Revenue: ₹80.3b (up 8.4% from FY 2024). Net income: ₹64.8b (up ₹58.7b from FY 2024). Profit margin: 81% (up from 8.2% in FY 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공시 • May 14IRB Infrastructure Developers Limited to Report Q4, 2025 Results on May 19, 2025IRB Infrastructure Developers Limited announced that they will report Q4, 2025 results on May 19, 2025Price Target Changed • Apr 09Price target decreased by 8.3% to ₹63.60Down from ₹69.33, the current price target is an average from 5 analysts. New target price is 39% above last closing price of ₹45.63. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.00 last year.Board Change • Feb 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 05IRB Infrastructure Developers Limited Announces Cessation of Sandeep Shah as Independent DirectorIRB Infrastructure Developers Limited announced that Mr. Sandeep Shah has completed his second term as an Independent Director and consequently ceased to be a Director of the Company effective the close of business hours on February 4, 2025.Declared Dividend • Feb 03Third quarter dividend of ₹0.10 announcedShareholders will receive a dividend of ₹0.10. Ex-date: 6th February 2025 Payment date: 1st March 2025 Dividend yield will be 0.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 82% over the next 2 years. However, it would need to fall by 96% to increase the payout ratio to a potentially unsustainable range.New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 66% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.공시 • Feb 01Irb Infrastructure Developers Limited Announces Executive ChangesIRB Infrastructure Developers Limited at its board meeting held on January 31, 2025, announced Mr. Sudhir Hoshing will continue to advise/assist the Group as the Chief Mentor. He will step down as Chief Executive Officer - Execution with effect from end of business hours on March 31, 2025. Elevation of Mr. Rajpaul S. Sharma, as Chief Executive Officer Execution with effect from April 1, 2025. Further, Mr. Sharma will be designated as Key Managerial Personnel of the Company. Mr. Rajpaul S. Sharma, Aged 54 Years, Joined the Irb Group in October 2002. He Is Responsible for Evaluation and Budgeting of New Projects, Finalizing Contracts and Ensuring Completion of Projects Within Approved Budgets. He Holds A Bachelor's Degree in Civil Engineering from Amravati University, Amravati. Mr. Sharma Has Overall Experience of Approximately 29 Years in the Construction Industry, Including Highways Construction, for 18 Years. The company announced the Appointment of Mr. Umesh Wagh as Group Chief Human Resources Officer (CHRO) with effect from April 1, 2025. Mr. Wagh Is A Law Graduate (Llb) with a Master's Degree in Labour Law and Labour Welfare from Pune University. He Has over 28 Years of Work Experience in Diverse Aspects of Hr & Admin. Previously, He Has Worked with Reputed organizations Such as Si Group India Ltd., Godrej & Boyce Manufacturing Co. Ltd., Jubilant Life Sciences Ltd., to Name A Few. His Last Assignment Was with D-Mart /Avenue Supermarts Limited, Mumbai. The company announced the Resignation of Dr Prashant Salgaonkar - Group President HR and Admin, effective from March 31, 2025.공시 • Jan 31IRB Infrastructure Developers Limited Declares Third Interim Dividend for Financial Year 2024-25, Payable on or Before March 1, 2025IRB Infrastructure Developers Limited announced that at the board meeting held on January 31, 2025 the board declared third Interim dividend of INR 0.10/- per equity share of face value of INR 1/- each (@ 10% of face value of share) for financial year 2024-25. The record date for the purpose of payment of dividend is February 6, 2025. The Interim dividend shall be paid /dispatched to the eligible shareholders on or before March 1, 2025.공시 • Jan 28IRB Infrastructure Developers Limited to Report Q3, 2025 Results on Jan 31, 2025IRB Infrastructure Developers Limited announced that they will report Q3, 2025 results on Jan 31, 2025Buy Or Sell Opportunity • Jan 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to ₹57.27. The fair value is estimated to be ₹74.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 104% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹53.63, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹76.30 per share.Reported Earnings • Oct 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ₹0.17 (up from ₹0.16 in 2Q 2024). Revenue: ₹17.5b (flat on 2Q 2024). Net income: ₹998.7m (up 4.3% from 2Q 2024). Profit margin: 5.7% (up from 5.5% in 2Q 2024). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.공시 • Oct 24IRB Infrastructure Developers Limited to Report Q2, 2025 Results on Oct 30, 2024IRB Infrastructure Developers Limited announced that they will report Q2, 2025 results on Oct 30, 2024공시 • Aug 30IRB Infrastructure Developers Limited, Annual General Meeting, Sep 24, 2024IRB Infrastructure Developers Limited, Annual General Meeting, Sep 24, 2024, at 12:00 Indian Standard Time.Upcoming Dividend • Aug 13Upcoming dividend of ₹0.10 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 08 September 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.6%).Reported Earnings • Aug 10First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹0.23 (up from ₹0.22 in 1Q 2024). Revenue: ₹19.7b (up 21% from 1Q 2024). Net income: ₹1.40b (up 4.6% from 1Q 2024). Profit margin: 7.1% (down from 8.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 130%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 05IRB Infrastructure Developers Limited to Report Q1, 2025 Results on Aug 09, 2024IRB Infrastructure Developers Limited announced that they will report Q1, 2025 results on Aug 09, 2024Buy Or Sell Opportunity • Jul 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ₹70.96. The fair value is estimated to be ₹58.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹77.13, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 24x in the Construction industry in India. Total returns to shareholders of 446% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹65.99 per share.공시 • Jun 02IRB Infra Promoters Reportedly Likely to Sell 4% to Raise $181 MillionPromoters of IRB Infrastructure Developers Limited (NSEI:IRB) are likely to sell a 4% stake in the company on 30 May 2024 to raise $181 million, according to a term sheet reviewed by ET. The selling entities include IRB Holding Private and Deepali Virendra Mhaaiskar. As of March 2024, IRB Infrastructure promoters held a stake of 34.29% in the company, as per BSE filings. The sellers have put up 240 million shares for sale with a floor price ranging from INR 63 to INR 72.7 per share. This represents a 13% discount on the lower range compared to the closing price on Wednesday. Jefferies and CLSA India are serving as bankers for the deal.Price Target Changed • May 11Price target increased by 7.8% to ₹71.17Up from ₹66.00, the current price target is an average from 6 analysts. New target price is 14% above last closing price of ₹62.62. Stock is up 124% over the past year. The company is forecast to post earnings per share of ₹1.88 for next year compared to ₹1.00 last year.Price Target Changed • May 09Price target increased by 7.8% to ₹71.17Up from ₹66.00, the current price target is an average from 6 analysts. New target price is 8.4% above last closing price of ₹65.66. Stock is up 133% over the past year. The company is forecast to post earnings per share of ₹1.86 for next year compared to ₹1.00 last year.Reported Earnings • May 08Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹1.00 (down from ₹1.19 in FY 2023). Revenue: ₹82.0b (up 28% from FY 2023). Net income: ₹6.06b (down 16% from FY 2023). Profit margin: 7.4% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 08IRB Infrastructure Developers Limited Declares Third Interim Dividend for Financial Year 2023-2024IRB Infrastructure Developers Limited announced that at its board meeting held on May 7, 2024, declared third interim dividend of INR 0.10 per equity share of face value of INR 1 each (at 10% of face value of share) for financial year 2023-2024. The record date for the purpose of payment of dividend is May 15, 2024. The third interim dividend shall be paid within stipulated timelines as prescribed under law.공시 • May 03IRB Infrastructure Developers Limited to Report Q4, 2024 Results on May 07, 2024IRB Infrastructure Developers Limited announced that they will report Q4, 2024 results on May 07, 2024Board Change • Apr 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Priti Savla was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Mar 14Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to ₹56.07. The fair value is estimated to be ₹43.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 109% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹50.98, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 353% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹44.28 per share.공시 • Feb 03IRB Infrastructure Developers Limited Announces Second Interim Dividend for Fiscal Year 2023-24IRB Infrastructure Developers Limited at its board meeting held on January 31, 2024 declared second interim dividend of INR 0.10 per equity share of face value of INR 1 each (@10% of face value of share) for financial year 2023-24. The record date for the purpose of payment of dividend is February 8, 2024. The 2nd Interim dividend shall be paid within stipulated timelines as prescribed under law.Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: ₹0.31 (vs ₹0.23 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.31 (up from ₹0.23 in 3Q 2023). Revenue: ₹20.8b (up 37% from 3Q 2023). Net income: ₹1.87b (up 33% from 3Q 2023). Profit margin: 9.0% (down from 9.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin).Buy Or Sell Opportunity • Jan 30Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 102% to ₹67.81. The fair value is estimated to be ₹54.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 115% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹59.88, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 464% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹41.58 per share.공시 • Jan 17IRB Infrastructure Developers Limited to Report Q3, 2024 Results on Jan 31, 2024IRB Infrastructure Developers Limited announced that they will report Q3, 2024 results on Jan 31, 2024Price Target Changed • Jan 12Price target increased by 7.7% to ₹44.52Up from ₹41.32, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹46.03. Stock is up 54% over the past year. The company is forecast to post earnings per share of ₹1.35 for next year compared to ₹1.19 last year.Price Target Changed • Nov 01Price target increased by 8.1% to ₹39.12Up from ₹36.20, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₹33.54. Stock is up 44% over the past year. The company is forecast to post earnings per share of ₹1.26 for next year compared to ₹1.19 last year.New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (156% payout ratio). Profit margins are more than 30% lower than last year (7.7% net profit margin).Reported Earnings • Oct 31Second quarter 2024 earnings released: EPS: ₹0.16 (vs ₹0.14 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.16 (up from ₹0.14 in 2Q 2023). Revenue: ₹17.4b (up 30% from 2Q 2023). Net income: ₹957.5m (up 12% from 2Q 2023). Profit margin: 5.5% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 21IRB Infrastructure Developers Limited to Report Q2, 2024 Results on Oct 27, 2023IRB Infrastructure Developers Limited announced that they will report Q2, 2024 results on Oct 27, 2023Price Target Changed • Oct 10Price target increased by 7.7% to ₹35.40Up from ₹32.87, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of ₹32.78. Stock is up 53% over the past year. The company is forecast to post earnings per share of ₹1.32 for next year compared to ₹1.19 last year.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹33.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Construction industry in India. Total returns to shareholders of 174% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹55.74 per share.공시 • Aug 31IRB Infrastructure Developers Limited, Annual General Meeting, Sep 27, 2023IRB Infrastructure Developers Limited, Annual General Meeting, Sep 27, 2023.Reported Earnings • Aug 01First quarter 2024 earnings: Revenues in line with analyst expectationsFirst quarter 2024 results: Revenue: ₹17.5b (down 9.3% from 1Q 2023). Net income: ₹1.34b (down 63% from 1Q 2023). Profit margin: 7.7% (down from 19% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 26IRB Infrastructure Developers Limited to Report Q1, 2024 Results on Jul 31, 2023IRB Infrastructure Developers Limited announced that they will report Q1, 2024 results on Jul 31, 2023Recent Insider Transactions • Jun 10Insider recently bought ₹15m worth of stockOn the 5th of June, Sudha Mhaiskar bought around 500k shares on-market at roughly ₹29.16 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹16m more in shares than they have sold in the last 12 months.Price Target Changed • May 24Price target increased by 8.8% to ₹33.04Up from ₹30.37, the current price target is an average from 6 analysts. New target price is 23% above last closing price of ₹26.82. Stock is up 16% over the past year. The company is forecast to post earnings per share of ₹1.46 for next year compared to ₹1.19 last year.Reported Earnings • May 20Full year 2023 earnings released: EPS: ₹1.19 (vs ₹0.87 in FY 2022)Full year 2023 results: EPS: ₹1.19 (up from ₹0.87 in FY 2022). Revenue: ₹67.0b (up 16% from FY 2022). Net income: ₹7.20b (up 99% from FY 2022). Profit margin: 11% (up from 6.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 20+ 1 more updateIRB Infrastructure Developers Limited Announces Management ChangesIRB Infrastructure Developers Limited at its board meeting held on May 19, 2023 announced the re-assignment of roles for Mr. Amitabh Murarka Chief Revenue Officer of the Company as additional role of Deputy CEO and Mr. Rajpaul S. Sharma Head Project Monitoring & Evaluation as additional role of Deputy CEO.공시 • May 13IRB Infrastructure Developers Limited to Report Fiscal Year 2023 Results on May 19, 2023IRB Infrastructure Developers Limited announced that they will report fiscal year 2023 results on May 19, 2023Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 90%After last week's 90% share price decline to ₹2.82, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 18x in the Construction industry in India. Total loss to shareholders of 70% over the past three years.Buying Opportunity • Feb 21Now 92% undervalued after recent price dropOver the last 90 days, the stock is down 89%. The fair value is estimated to be ₹33.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 44% in the next 2 years.Price Target Changed • Feb 15Price target increased by 7.5% to ₹306Up from ₹285, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹292. Stock is up 7.4% over the past year. The company is forecast to post earnings per share of ₹12.40 for next year compared to ₹8.69 last year.Reported Earnings • Feb 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ₹2.34 (up from ₹2.02 in 3Q 2022). Revenue: ₹15.7b (up 23% from 3Q 2022). Net income: ₹1.41b (up 95% from 3Q 2022). Profit margin: 9.0% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.공시 • Feb 08IRB Infrastructure Developers Limited to Report Q3, 2023 Results on Feb 13, 2023IRB Infrastructure Developers Limited announced that they will report Q3, 2023 results on Feb 13, 2023Reported Earnings • Oct 22Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: ₹1.41 (up from ₹1.20 in 2Q 2022). Revenue: ₹14.4b (down 1.8% from 2Q 2022). Net income: ₹853.1m (up 102% from 2Q 2022). Profit margin: 5.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.공시 • Oct 15IRB Infrastructure Developers Limited to Report Q2, 2023 Results on Oct 21, 2022IRB Infrastructure Developers Limited announced that they will report Q2, 2023 results on Oct 21, 2022Recent Insider Transactions • Sep 26Insider recently bought ₹1.1m worth of stockOn the 22nd of September, Aryan Mhaiskar bought around 5k shares on-market at roughly ₹224 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹248m more in shares than they have sold in the last 12 months.공시 • Aug 23IRB Infrastructure Developers Limited, Annual General Meeting, Sep 20, 2022IRB Infrastructure Developers Limited, Annual General Meeting, Sep 20, 2022.Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: ₹6.01 (vs ₹2.05 in 1Q 2022)First quarter 2023 results: EPS: ₹6.01 (up from ₹2.05 in 1Q 2022). Revenue: ₹20.0b (up 23% from 1Q 2022). Net income: ₹3.63b (up 405% from 1Q 2022). Profit margin: 18% (up from 4.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.공시 • Aug 06+ 1 more updateIRB Infrastructure Developers Limited Announces Resignation of Carlos Ricardo Ugarte Cruz Coke as Non-Executive DirectorIRB Infrastructure Developers Limited announced that at the board meeting held on August 5, 2022 has approved the resignation of Mr. Carlos Ricardo Ugarte Cruz Coke, Non-Executive Director with effect from August 5, 2022 due to preoccupations.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹251, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 174% over the past three years.공시 • Jul 30IRB Infrastructure Developers Limited to Report Q1, 2023 Results on Aug 05, 2022IRB Infrastructure Developers Limited announced that they will report Q1, 2023 results on Aug 05, 2022Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹180, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Construction industry in India. Total returns to shareholders of 93% over the past three years.Recent Insider Transactions • May 27Chairman & MD recently bought ₹39m worth of stockOn the 24th of May, Virendra Mhaiskar bought around 165k shares on-market at roughly ₹236 per share. This was the largest purchase by an insider in the last 3 months. This was Virendra's only on-market trade for the last 12 months.Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: ₹8.69 (up from ₹3.33 in FY 2021). Revenue: ₹58.0b (up 9.5% from FY 2021). Net income: ₹3.61b (up 209% from FY 2021). Profit margin: 6.2% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 38%. Over the next year, revenue is forecast to grow 23%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공시 • May 14IRB Infrastructure Developers Limited to Report Q4, 2022 Results on May 17, 2022IRB Infrastructure Developers Limited announced that they will report Q4, 2022 results on May 17, 2022Price Target Changed • Apr 27Price target increased to ₹311Up from ₹266, the current price target is an average from 6 analysts. New target price is 32% above last closing price of ₹236. Stock is up 123% over the past year. The company is forecast to post earnings per share of ₹6.32 for next year compared to ₹3.33 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Sandeep Shah was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Feb 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Sandeep Shah was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Feb 14Price target increased to ₹297Up from ₹266, the current price target is an average from 8 analysts. New target price is 8.7% above last closing price of ₹273. Stock is up 151% over the past year. The company is forecast to post earnings per share of ₹8.20 for next year compared to ₹3.33 last year.Reported Earnings • Feb 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: ₹2.02 (up from ₹1.98 in 3Q 2021). Revenue: ₹12.8b (down 17% from 3Q 2021). Net income: ₹726.8m (up 4.6% from 3Q 2021). Profit margin: 5.7% (up from 4.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 13%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.공시 • Feb 11IRB Infrastructure Developers Limited Announces Board ChangesIRB Infrastructure Developers Limited announced that Ms. Heena Raja has tendered her resignation from the post of Independent Directorship with effect from February 10, 2022 and based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company unanimously approved the appointment of Ms. Priti Savla as an Additional Independent Director of the Company, at its board of directors meeting held on February 10, 2022.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹280, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Construction industry in India. Total returns to shareholders of 127% over the past three years.공시 • Dec 30IRB Infrastructure Developers Limited announced that it has received INR 53.4663855 billion in funding from Bricklayers Investment Pte. Ltd., Cintra Global S.E.On December 29, 2021, IRB Infrastructure Developers Limited closed the transaction.공시 • Nov 30IRB Infrastructure Developers Limited announced that it has received INR 53.4663855 billion in funding from Bricklayers Investment Pte. Ltd., Cintra Global S.E.On November 29, 2021, IRB Infrastructure Developers Limited closed the transaction.Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS ₹1.20 (vs ₹0.56 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹14.7b (up 30% from 2Q 2021). Net income: ₹423.1m (up ₹619.7m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Price Target Changed • Oct 27Price target increased to ₹235Up from ₹179, the current price target is an average from 6 analysts. New target price is 11% below last closing price of ₹265. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₹7.73 for next year compared to ₹3.33 last year.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹244, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Construction industry in India. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹375 per share.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹204, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Construction industry in India. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹284 per share.주주 수익률532947IN ConstructionIN 시장7D3.4%-1.2%0.5%1Y-17.7%-4.5%-0.7%전체 주주 수익률 보기수익률 대 산업: 532947은 지난 1년 동안 -4.5%의 수익을 기록한 Indian Construction 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 532947은 지난 1년 동안 -0.7%를 기록한 Indian 시장보다 저조한 성과를 냈습니다.주가 변동성Is 532947's price volatile compared to industry and market?532947 volatility532947 Average Weekly Movement4.5%Construction Industry Average Movement7.7%Market Average Movement7.2%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%안정적인 주가: 532947는 지난 3개월 동안 Indian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 532947의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19983,258Virendra Mhaiskarwww.irb.co.inIRB 인프라 개발자는 인도에서 인프라 개발 사업을 하고 있습니다. 이 회사는 건설, 운영 및 양도/통행료 운영 및 양도, 건설의 두 부문으로 운영됩니다. 이 회사는 도로를 개발하고 도로를 운영 및 유지 관리합니다.더 보기IRB Infrastructure Developers Limited 기초 지표 요약IRB Infrastructure Developers의 순이익과 매출은 시가총액과 어떻게 비교됩니까?532947 기초 통계시가총액₹255.21b순이익 (TTM)₹7.69b매출 (TTM)₹66.46b33.2x주가수익비율(P/E)3.8x주가매출비율(P/S)532947는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표532947 손익계산서 (TTM)매출₹66.46b매출원가₹30.46b총이익₹36.00b기타 비용₹28.31b순이익₹7.69b최근 보고된 실적Dec 31, 2025다음 실적 발표일May 21, 2026주당순이익(EPS)0.64총이익률54.17%순이익률11.57%부채/자본 비율102.3%532947의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.6%현재 배당 수익률16%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 08:14종가2026/05/20 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IRB Infrastructure Developers Limited는 38명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null null360 ONE Capital Market Private Limitednull nullAnand Rathi Shares and Stock Brokers Limitednull nullAntique Stockbroking Ltd.35명의 분석가 더 보기
공시 • May 15IRB Infrastructure Developers Limited to Report Q4, 2026 Results on May 20, 2026IRB Infrastructure Developers Limited announced that they will report Q4, 2026 results on May 20, 2026
Reported Earnings • Feb 16Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹0.35 (down from ₹9.98 in 3Q 2025). Revenue: ₹19.1b (up 7.4% from 3Q 2025). Net income: ₹2.11b (down 97% from 3Q 2025). Profit margin: 11% (down from 338% in 3Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Feb 05IRB Infrastructure Developers Limited to Report Q3, 2026 Results on Feb 13, 2026IRB Infrastructure Developers Limited announced that they will report Q3, 2026 results on Feb 13, 2026
Board Change • Nov 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹23.00 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 2.8% from 2Q 2025). Net income: ₹1.41b (up 41% from 2Q 2025). Profit margin: 7.8% (up from 5.7% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to ₹42.35. The fair value is estimated to be ₹53.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 95%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to decline by 77% in the next 2 years.
공시 • May 15IRB Infrastructure Developers Limited to Report Q4, 2026 Results on May 20, 2026IRB Infrastructure Developers Limited announced that they will report Q4, 2026 results on May 20, 2026
Reported Earnings • Feb 16Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹0.35 (down from ₹9.98 in 3Q 2025). Revenue: ₹19.1b (up 7.4% from 3Q 2025). Net income: ₹2.11b (down 97% from 3Q 2025). Profit margin: 11% (down from 338% in 3Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Feb 05IRB Infrastructure Developers Limited to Report Q3, 2026 Results on Feb 13, 2026IRB Infrastructure Developers Limited announced that they will report Q3, 2026 results on Feb 13, 2026
Board Change • Nov 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹23.00 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 2.8% from 2Q 2025). Net income: ₹1.41b (up 41% from 2Q 2025). Profit margin: 7.8% (up from 5.7% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Nov 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to ₹42.35. The fair value is estimated to be ₹53.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 95%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to decline by 77% in the next 2 years.
Declared Dividend • Nov 09Dividend of ₹0.10 announcedShareholders will receive a dividend of ₹0.10. Ex-date: 18th November 2025 Payment date: 12th December 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (2% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 95% over the next 3 years. However, it would need to fall by 97% to increase the payout ratio to a potentially unsustainable range.
공시 • Nov 08IRB Infrastructure Developers Limited to Report Q2, 2026 Results on Nov 12, 2025IRB Infrastructure Developers Limited announced that they will report Q2, 2026 results on Nov 12, 2025
Buy Or Sell Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹41.06. The fair value is estimated to be ₹51.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 94%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to decline by 76% in the next 2 years.
Declared Dividend • Aug 16Dividend of ₹0.07 announcedShareholders will receive a dividend of ₹0.07. Ex-date: 29th August 2025 Payment date: 12th September 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (2% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 96% over the next 3 years. However, it would need to fall by 97% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 15First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹0.34 (up from ₹0.23 in 1Q 2025). Revenue: ₹21.6b (up 17% from 1Q 2025). Net income: ₹2.02b (up 45% from 1Q 2025). Profit margin: 9.4% (up from 7.6% in 1Q 2025). Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Aug 14IRB Infrastructure Developers Limited, Annual General Meeting, Sep 18, 2025IRB Infrastructure Developers Limited, Annual General Meeting, Sep 18, 2025.
공시 • Aug 11IRB Infrastructure Developers Limited to Report Q1, 2026 Results on Aug 14, 2025IRB Infrastructure Developers Limited announced that they will report Q1, 2026 results on Aug 14, 2025
Buy Or Sell Opportunity • Jul 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.3% to ₹45.43. The fair value is estimated to be ₹56.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 90%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 64% per annum over the same time period.
Buy Or Sell Opportunity • Jun 11Now 21% undervaluedOver the last 90 days, the stock has risen 22% to ₹52.18. The fair value is estimated to be ₹65.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 90%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are forecast to decline by 66% per annum over the same time period.
Reported Earnings • May 20Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₹10.73 (up from ₹1.00 in FY 2024). Revenue: ₹80.3b (up 8.4% from FY 2024). Net income: ₹64.8b (up ₹58.7b from FY 2024). Profit margin: 81% (up from 8.2% in FY 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공시 • May 14IRB Infrastructure Developers Limited to Report Q4, 2025 Results on May 19, 2025IRB Infrastructure Developers Limited announced that they will report Q4, 2025 results on May 19, 2025
Price Target Changed • Apr 09Price target decreased by 8.3% to ₹63.60Down from ₹69.33, the current price target is an average from 5 analysts. New target price is 39% above last closing price of ₹45.63. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.00 last year.
Board Change • Feb 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Singh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 05IRB Infrastructure Developers Limited Announces Cessation of Sandeep Shah as Independent DirectorIRB Infrastructure Developers Limited announced that Mr. Sandeep Shah has completed his second term as an Independent Director and consequently ceased to be a Director of the Company effective the close of business hours on February 4, 2025.
Declared Dividend • Feb 03Third quarter dividend of ₹0.10 announcedShareholders will receive a dividend of ₹0.10. Ex-date: 6th February 2025 Payment date: 1st March 2025 Dividend yield will be 0.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 82% over the next 2 years. However, it would need to fall by 96% to increase the payout ratio to a potentially unsustainable range.
New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 66% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • Feb 01Irb Infrastructure Developers Limited Announces Executive ChangesIRB Infrastructure Developers Limited at its board meeting held on January 31, 2025, announced Mr. Sudhir Hoshing will continue to advise/assist the Group as the Chief Mentor. He will step down as Chief Executive Officer - Execution with effect from end of business hours on March 31, 2025. Elevation of Mr. Rajpaul S. Sharma, as Chief Executive Officer Execution with effect from April 1, 2025. Further, Mr. Sharma will be designated as Key Managerial Personnel of the Company. Mr. Rajpaul S. Sharma, Aged 54 Years, Joined the Irb Group in October 2002. He Is Responsible for Evaluation and Budgeting of New Projects, Finalizing Contracts and Ensuring Completion of Projects Within Approved Budgets. He Holds A Bachelor's Degree in Civil Engineering from Amravati University, Amravati. Mr. Sharma Has Overall Experience of Approximately 29 Years in the Construction Industry, Including Highways Construction, for 18 Years. The company announced the Appointment of Mr. Umesh Wagh as Group Chief Human Resources Officer (CHRO) with effect from April 1, 2025. Mr. Wagh Is A Law Graduate (Llb) with a Master's Degree in Labour Law and Labour Welfare from Pune University. He Has over 28 Years of Work Experience in Diverse Aspects of Hr & Admin. Previously, He Has Worked with Reputed organizations Such as Si Group India Ltd., Godrej & Boyce Manufacturing Co. Ltd., Jubilant Life Sciences Ltd., to Name A Few. His Last Assignment Was with D-Mart /Avenue Supermarts Limited, Mumbai. The company announced the Resignation of Dr Prashant Salgaonkar - Group President HR and Admin, effective from March 31, 2025.
공시 • Jan 31IRB Infrastructure Developers Limited Declares Third Interim Dividend for Financial Year 2024-25, Payable on or Before March 1, 2025IRB Infrastructure Developers Limited announced that at the board meeting held on January 31, 2025 the board declared third Interim dividend of INR 0.10/- per equity share of face value of INR 1/- each (@ 10% of face value of share) for financial year 2024-25. The record date for the purpose of payment of dividend is February 6, 2025. The Interim dividend shall be paid /dispatched to the eligible shareholders on or before March 1, 2025.
공시 • Jan 28IRB Infrastructure Developers Limited to Report Q3, 2025 Results on Jan 31, 2025IRB Infrastructure Developers Limited announced that they will report Q3, 2025 results on Jan 31, 2025
Buy Or Sell Opportunity • Jan 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to ₹57.27. The fair value is estimated to be ₹74.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 104% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹53.63, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹76.30 per share.
Reported Earnings • Oct 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ₹0.17 (up from ₹0.16 in 2Q 2024). Revenue: ₹17.5b (flat on 2Q 2024). Net income: ₹998.7m (up 4.3% from 2Q 2024). Profit margin: 5.7% (up from 5.5% in 2Q 2024). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
공시 • Oct 24IRB Infrastructure Developers Limited to Report Q2, 2025 Results on Oct 30, 2024IRB Infrastructure Developers Limited announced that they will report Q2, 2025 results on Oct 30, 2024
공시 • Aug 30IRB Infrastructure Developers Limited, Annual General Meeting, Sep 24, 2024IRB Infrastructure Developers Limited, Annual General Meeting, Sep 24, 2024, at 12:00 Indian Standard Time.
Upcoming Dividend • Aug 13Upcoming dividend of ₹0.10 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 08 September 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.6%).
Reported Earnings • Aug 10First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹0.23 (up from ₹0.22 in 1Q 2024). Revenue: ₹19.7b (up 21% from 1Q 2024). Net income: ₹1.40b (up 4.6% from 1Q 2024). Profit margin: 7.1% (down from 8.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 130%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 05IRB Infrastructure Developers Limited to Report Q1, 2025 Results on Aug 09, 2024IRB Infrastructure Developers Limited announced that they will report Q1, 2025 results on Aug 09, 2024
Buy Or Sell Opportunity • Jul 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ₹70.96. The fair value is estimated to be ₹58.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹77.13, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 24x in the Construction industry in India. Total returns to shareholders of 446% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹65.99 per share.
공시 • Jun 02IRB Infra Promoters Reportedly Likely to Sell 4% to Raise $181 MillionPromoters of IRB Infrastructure Developers Limited (NSEI:IRB) are likely to sell a 4% stake in the company on 30 May 2024 to raise $181 million, according to a term sheet reviewed by ET. The selling entities include IRB Holding Private and Deepali Virendra Mhaaiskar. As of March 2024, IRB Infrastructure promoters held a stake of 34.29% in the company, as per BSE filings. The sellers have put up 240 million shares for sale with a floor price ranging from INR 63 to INR 72.7 per share. This represents a 13% discount on the lower range compared to the closing price on Wednesday. Jefferies and CLSA India are serving as bankers for the deal.
Price Target Changed • May 11Price target increased by 7.8% to ₹71.17Up from ₹66.00, the current price target is an average from 6 analysts. New target price is 14% above last closing price of ₹62.62. Stock is up 124% over the past year. The company is forecast to post earnings per share of ₹1.88 for next year compared to ₹1.00 last year.
Price Target Changed • May 09Price target increased by 7.8% to ₹71.17Up from ₹66.00, the current price target is an average from 6 analysts. New target price is 8.4% above last closing price of ₹65.66. Stock is up 133% over the past year. The company is forecast to post earnings per share of ₹1.86 for next year compared to ₹1.00 last year.
Reported Earnings • May 08Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹1.00 (down from ₹1.19 in FY 2023). Revenue: ₹82.0b (up 28% from FY 2023). Net income: ₹6.06b (down 16% from FY 2023). Profit margin: 7.4% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 08IRB Infrastructure Developers Limited Declares Third Interim Dividend for Financial Year 2023-2024IRB Infrastructure Developers Limited announced that at its board meeting held on May 7, 2024, declared third interim dividend of INR 0.10 per equity share of face value of INR 1 each (at 10% of face value of share) for financial year 2023-2024. The record date for the purpose of payment of dividend is May 15, 2024. The third interim dividend shall be paid within stipulated timelines as prescribed under law.
공시 • May 03IRB Infrastructure Developers Limited to Report Q4, 2024 Results on May 07, 2024IRB Infrastructure Developers Limited announced that they will report Q4, 2024 results on May 07, 2024
Board Change • Apr 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Priti Savla was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Mar 14Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to ₹56.07. The fair value is estimated to be ₹43.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 109% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹50.98, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 353% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹44.28 per share.
공시 • Feb 03IRB Infrastructure Developers Limited Announces Second Interim Dividend for Fiscal Year 2023-24IRB Infrastructure Developers Limited at its board meeting held on January 31, 2024 declared second interim dividend of INR 0.10 per equity share of face value of INR 1 each (@10% of face value of share) for financial year 2023-24. The record date for the purpose of payment of dividend is February 8, 2024. The 2nd Interim dividend shall be paid within stipulated timelines as prescribed under law.
Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: ₹0.31 (vs ₹0.23 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.31 (up from ₹0.23 in 3Q 2023). Revenue: ₹20.8b (up 37% from 3Q 2023). Net income: ₹1.87b (up 33% from 3Q 2023). Profit margin: 9.0% (down from 9.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin).
Buy Or Sell Opportunity • Jan 30Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 102% to ₹67.81. The fair value is estimated to be ₹54.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 115% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹59.88, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 464% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹41.58 per share.
공시 • Jan 17IRB Infrastructure Developers Limited to Report Q3, 2024 Results on Jan 31, 2024IRB Infrastructure Developers Limited announced that they will report Q3, 2024 results on Jan 31, 2024
Price Target Changed • Jan 12Price target increased by 7.7% to ₹44.52Up from ₹41.32, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹46.03. Stock is up 54% over the past year. The company is forecast to post earnings per share of ₹1.35 for next year compared to ₹1.19 last year.
Price Target Changed • Nov 01Price target increased by 8.1% to ₹39.12Up from ₹36.20, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₹33.54. Stock is up 44% over the past year. The company is forecast to post earnings per share of ₹1.26 for next year compared to ₹1.19 last year.
New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (156% payout ratio). Profit margins are more than 30% lower than last year (7.7% net profit margin).
Reported Earnings • Oct 31Second quarter 2024 earnings released: EPS: ₹0.16 (vs ₹0.14 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.16 (up from ₹0.14 in 2Q 2023). Revenue: ₹17.4b (up 30% from 2Q 2023). Net income: ₹957.5m (up 12% from 2Q 2023). Profit margin: 5.5% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 21IRB Infrastructure Developers Limited to Report Q2, 2024 Results on Oct 27, 2023IRB Infrastructure Developers Limited announced that they will report Q2, 2024 results on Oct 27, 2023
Price Target Changed • Oct 10Price target increased by 7.7% to ₹35.40Up from ₹32.87, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of ₹32.78. Stock is up 53% over the past year. The company is forecast to post earnings per share of ₹1.32 for next year compared to ₹1.19 last year.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹33.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Construction industry in India. Total returns to shareholders of 174% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹55.74 per share.
공시 • Aug 31IRB Infrastructure Developers Limited, Annual General Meeting, Sep 27, 2023IRB Infrastructure Developers Limited, Annual General Meeting, Sep 27, 2023.
Reported Earnings • Aug 01First quarter 2024 earnings: Revenues in line with analyst expectationsFirst quarter 2024 results: Revenue: ₹17.5b (down 9.3% from 1Q 2023). Net income: ₹1.34b (down 63% from 1Q 2023). Profit margin: 7.7% (down from 19% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 26IRB Infrastructure Developers Limited to Report Q1, 2024 Results on Jul 31, 2023IRB Infrastructure Developers Limited announced that they will report Q1, 2024 results on Jul 31, 2023
Recent Insider Transactions • Jun 10Insider recently bought ₹15m worth of stockOn the 5th of June, Sudha Mhaiskar bought around 500k shares on-market at roughly ₹29.16 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹16m more in shares than they have sold in the last 12 months.
Price Target Changed • May 24Price target increased by 8.8% to ₹33.04Up from ₹30.37, the current price target is an average from 6 analysts. New target price is 23% above last closing price of ₹26.82. Stock is up 16% over the past year. The company is forecast to post earnings per share of ₹1.46 for next year compared to ₹1.19 last year.
Reported Earnings • May 20Full year 2023 earnings released: EPS: ₹1.19 (vs ₹0.87 in FY 2022)Full year 2023 results: EPS: ₹1.19 (up from ₹0.87 in FY 2022). Revenue: ₹67.0b (up 16% from FY 2022). Net income: ₹7.20b (up 99% from FY 2022). Profit margin: 11% (up from 6.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 20+ 1 more updateIRB Infrastructure Developers Limited Announces Management ChangesIRB Infrastructure Developers Limited at its board meeting held on May 19, 2023 announced the re-assignment of roles for Mr. Amitabh Murarka Chief Revenue Officer of the Company as additional role of Deputy CEO and Mr. Rajpaul S. Sharma Head Project Monitoring & Evaluation as additional role of Deputy CEO.
공시 • May 13IRB Infrastructure Developers Limited to Report Fiscal Year 2023 Results on May 19, 2023IRB Infrastructure Developers Limited announced that they will report fiscal year 2023 results on May 19, 2023
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 90%After last week's 90% share price decline to ₹2.82, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 18x in the Construction industry in India. Total loss to shareholders of 70% over the past three years.
Buying Opportunity • Feb 21Now 92% undervalued after recent price dropOver the last 90 days, the stock is down 89%. The fair value is estimated to be ₹33.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 32% in 2 years. Earnings is forecast to grow by 44% in the next 2 years.
Price Target Changed • Feb 15Price target increased by 7.5% to ₹306Up from ₹285, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹292. Stock is up 7.4% over the past year. The company is forecast to post earnings per share of ₹12.40 for next year compared to ₹8.69 last year.
Reported Earnings • Feb 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ₹2.34 (up from ₹2.02 in 3Q 2022). Revenue: ₹15.7b (up 23% from 3Q 2022). Net income: ₹1.41b (up 95% from 3Q 2022). Profit margin: 9.0% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.
공시 • Feb 08IRB Infrastructure Developers Limited to Report Q3, 2023 Results on Feb 13, 2023IRB Infrastructure Developers Limited announced that they will report Q3, 2023 results on Feb 13, 2023
Reported Earnings • Oct 22Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: ₹1.41 (up from ₹1.20 in 2Q 2022). Revenue: ₹14.4b (down 1.8% from 2Q 2022). Net income: ₹853.1m (up 102% from 2Q 2022). Profit margin: 5.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
공시 • Oct 15IRB Infrastructure Developers Limited to Report Q2, 2023 Results on Oct 21, 2022IRB Infrastructure Developers Limited announced that they will report Q2, 2023 results on Oct 21, 2022
Recent Insider Transactions • Sep 26Insider recently bought ₹1.1m worth of stockOn the 22nd of September, Aryan Mhaiskar bought around 5k shares on-market at roughly ₹224 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹248m more in shares than they have sold in the last 12 months.
공시 • Aug 23IRB Infrastructure Developers Limited, Annual General Meeting, Sep 20, 2022IRB Infrastructure Developers Limited, Annual General Meeting, Sep 20, 2022.
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: ₹6.01 (vs ₹2.05 in 1Q 2022)First quarter 2023 results: EPS: ₹6.01 (up from ₹2.05 in 1Q 2022). Revenue: ₹20.0b (up 23% from 1Q 2022). Net income: ₹3.63b (up 405% from 1Q 2022). Profit margin: 18% (up from 4.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
공시 • Aug 06+ 1 more updateIRB Infrastructure Developers Limited Announces Resignation of Carlos Ricardo Ugarte Cruz Coke as Non-Executive DirectorIRB Infrastructure Developers Limited announced that at the board meeting held on August 5, 2022 has approved the resignation of Mr. Carlos Ricardo Ugarte Cruz Coke, Non-Executive Director with effect from August 5, 2022 due to preoccupations.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹251, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 174% over the past three years.
공시 • Jul 30IRB Infrastructure Developers Limited to Report Q1, 2023 Results on Aug 05, 2022IRB Infrastructure Developers Limited announced that they will report Q1, 2023 results on Aug 05, 2022
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹180, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Construction industry in India. Total returns to shareholders of 93% over the past three years.
Recent Insider Transactions • May 27Chairman & MD recently bought ₹39m worth of stockOn the 24th of May, Virendra Mhaiskar bought around 165k shares on-market at roughly ₹236 per share. This was the largest purchase by an insider in the last 3 months. This was Virendra's only on-market trade for the last 12 months.
Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: ₹8.69 (up from ₹3.33 in FY 2021). Revenue: ₹58.0b (up 9.5% from FY 2021). Net income: ₹3.61b (up 209% from FY 2021). Profit margin: 6.2% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 38%. Over the next year, revenue is forecast to grow 23%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공시 • May 14IRB Infrastructure Developers Limited to Report Q4, 2022 Results on May 17, 2022IRB Infrastructure Developers Limited announced that they will report Q4, 2022 results on May 17, 2022
Price Target Changed • Apr 27Price target increased to ₹311Up from ₹266, the current price target is an average from 6 analysts. New target price is 32% above last closing price of ₹236. Stock is up 123% over the past year. The company is forecast to post earnings per share of ₹6.32 for next year compared to ₹3.33 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Sandeep Shah was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Feb 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Sandeep Shah was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Feb 14Price target increased to ₹297Up from ₹266, the current price target is an average from 8 analysts. New target price is 8.7% above last closing price of ₹273. Stock is up 151% over the past year. The company is forecast to post earnings per share of ₹8.20 for next year compared to ₹3.33 last year.
Reported Earnings • Feb 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: ₹2.02 (up from ₹1.98 in 3Q 2021). Revenue: ₹12.8b (down 17% from 3Q 2021). Net income: ₹726.8m (up 4.6% from 3Q 2021). Profit margin: 5.7% (up from 4.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 13%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
공시 • Feb 11IRB Infrastructure Developers Limited Announces Board ChangesIRB Infrastructure Developers Limited announced that Ms. Heena Raja has tendered her resignation from the post of Independent Directorship with effect from February 10, 2022 and based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company unanimously approved the appointment of Ms. Priti Savla as an Additional Independent Director of the Company, at its board of directors meeting held on February 10, 2022.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹280, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Construction industry in India. Total returns to shareholders of 127% over the past three years.
공시 • Dec 30IRB Infrastructure Developers Limited announced that it has received INR 53.4663855 billion in funding from Bricklayers Investment Pte. Ltd., Cintra Global S.E.On December 29, 2021, IRB Infrastructure Developers Limited closed the transaction.
공시 • Nov 30IRB Infrastructure Developers Limited announced that it has received INR 53.4663855 billion in funding from Bricklayers Investment Pte. Ltd., Cintra Global S.E.On November 29, 2021, IRB Infrastructure Developers Limited closed the transaction.
Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS ₹1.20 (vs ₹0.56 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹14.7b (up 30% from 2Q 2021). Net income: ₹423.1m (up ₹619.7m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Price Target Changed • Oct 27Price target increased to ₹235Up from ₹179, the current price target is an average from 6 analysts. New target price is 11% below last closing price of ₹265. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₹7.73 for next year compared to ₹3.33 last year.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹244, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Construction industry in India. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹375 per share.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹204, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Construction industry in India. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹284 per share.
