IRB Infrastructure Developers Limited

BSE:532947 Stock Report

Market Cap: ₹332.7b

IRB Infrastructure Developers Valuation

Is 532947 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 532947 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532947 (₹55.22) is trading below our estimate of fair value (₹74.17)

Significantly Below Fair Value: 532947 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532947?

Key metric: As 532947 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532947. This is calculated by dividing 532947's market cap by their current earnings.
What is 532947's PE Ratio?
PE Ratio54x
Earnings₹6.16b
Market Cap₹332.69b

Price to Earnings Ratio vs Peers

How does 532947's PE Ratio compare to its peers?

The above table shows the PE ratio for 532947 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average52.8x
KEC KEC International
78.1x38.9%₹329.2b
534309 NBCC (India)
53.8x17.4%₹255.0b
KPIL Kalpataru Projects International
39.6x29.5%₹207.3b
AFCONS Afcons Infrastructure
39.7x22.1%₹191.3b
532947 IRB Infrastructure Developers
54x28.8%₹332.7b

Price-To-Earnings vs Peers: 532947 is expensive based on its Price-To-Earnings Ratio (54x) compared to the peer average (52.8x).

Price to Earnings Ratio vs Industry

How does 532947's PE Ratio compare vs other companies in the IN Construction Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GMRP&UI GMR Power And Urban Infra
4.3x-25.3%US$853.90m
533152 MBL Infrastructures
3xn/aUS$81.38m
CCCL Consolidated Construction Consortium
0.9xn/aUS$79.50m
ATLANTAA Atlantaa
2.5xn/aUS$50.18m
532947 54.0xIndustry Avg. 28.2xNo. of Companies26PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532947 is expensive based on its Price-To-Earnings Ratio (54x) compared to the Indian Construction industry average (28.2x).

Price to Earnings Ratio vs Fair Ratio

What is 532947's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532947 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio54x
Fair PE Ratio55.9x

Price-To-Earnings vs Fair Ratio: 532947 is good value based on its Price-To-Earnings Ratio (54x) compared to the estimated Fair Price-To-Earnings Ratio (55.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 532947 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹55.22
₹69.33
+25.6%
10.3%₹81.00₹60.00n/a6
Dec ’25₹53.39
₹69.33
+29.9%
10.3%₹81.00₹60.00n/a6
Nov ’25₹53.50
₹69.33
+29.6%
10.3%₹81.00₹60.00n/a6
Oct ’25₹61.36
₹72.00
+17.3%
10.1%₹81.00₹61.00n/a6
Sep ’25₹63.37
₹72.00
+13.6%
10.1%₹81.00₹61.00n/a6
Aug ’25₹65.26
₹72.50
+11.1%
14.4%₹90.00₹61.00n/a6
Jul ’25₹64.90
₹72.50
+11.7%
14.4%₹90.00₹61.00n/a6
Jun ’25₹66.08
₹72.17
+9.2%
13.7%₹88.00₹61.00n/a6
May ’25₹67.97
₹66.00
-2.9%
25.1%₹88.00₹36.00n/a6
Apr ’25₹61.39
₹62.40
+1.6%
26.5%₹88.00₹36.00n/a5
Mar ’25₹63.89
₹60.60
-5.1%
25.1%₹84.00₹36.00n/a5
Feb ’25₹65.16
₹49.20
-24.5%
21.5%₹63.00₹36.00n/a5
Jan ’25₹41.85
₹41.32
-1.3%
23.2%₹60.00₹33.00n/a5
Dec ’24₹37.39
₹39.12
+4.6%
13.8%₹49.00₹33.00₹53.395
Nov ’24₹33.54
₹39.12
+16.6%
13.8%₹49.00₹33.00₹53.505
Oct ’24₹31.60
₹32.00
+1.3%
8.8%₹36.00₹28.00₹61.365
Sep ’24₹30.41
₹32.00
+5.2%
8.8%₹36.00₹28.00₹63.375
Aug ’24₹25.28
₹32.53
+28.7%
6.1%₹36.00₹30.00₹65.266
Jul ’24₹26.88
₹32.87
+22.3%
7.1%₹36.00₹30.00₹64.906
Jun ’24₹29.15
₹32.87
+12.8%
7.1%₹36.00₹30.00₹66.086
May ’24₹27.39
₹30.37
+10.9%
13.4%₹36.00₹25.00₹67.976
Apr ’24₹25.12
₹31.27
+24.5%
11.2%₹36.00₹25.00₹61.396
Mar ’24₹28.68
₹31.27
+9.0%
11.2%₹36.00₹25.00₹63.896
Feb ’24₹28.13
₹29.99
+6.6%
11.6%₹36.00₹25.00₹65.167
Jan ’24₹29.04
₹28.46
-2.0%
11.0%₹34.00₹24.00₹41.857
Dec ’23₹28.00
₹28.03
+0.1%
8.9%₹31.00₹24.00₹37.397

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IRB Infrastructure Developers Limited is covered by 50 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sundar SubramoneyAlmondz Global Securities Ltd
null nullAnand Rathi Shares and Stock Brokers Limited
Prem KhuranaAnand Rathi Shares and Stock Brokers Limited