| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
IRB Stock Overview
IRB Infrastructure Developers Limited engages in the construction, development, operation, and maintenance of roads and highways on build-operate-transfer (BOT) basis in India.
IRB Infrastructure Developers Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹243.75 |
| 52 Week High | ₹345.85 |
| 52 Week Low | ₹100.60 |
| Beta | 1.03 |
| 1 Month Change | 19.52% |
| 3 Month Change | 19.34% |
| 1 Year Change | 113.63% |
| 3 Year Change | 64.20% |
| 5 Year Change | 14.76% |
| Change since IPO | 28.53% |
Recent News & Updates
Why IRB Infrastructure Developers Limited (NSE:IRB) Could Be Worth Watching
IRB Infrastructure Developers Limited ( NSE:IRB ), is not the largest company out there, but it saw a significant share...
Shareholder Returns
| IRB | IN Construction | IN Market | |
|---|---|---|---|
| 7D | -1.4% | 4.6% | 1.8% |
| 1Y | 113.6% | 52.4% | 38.6% |
Return vs Industry: IRB exceeded the Indian Construction industry which returned 48.9% over the past year.
Return vs Market: IRB exceeded the Indian Market which returned 36.2% over the past year.
Price Volatility
| IRB volatility | |
|---|---|
| IRB Average Weekly Movement | 10.4% |
| Construction Industry Average Movement | 6.9% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: IRB is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: IRB's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 3,666 | Virendra Mhaiskar | https://www.irb.co.in |
IRB Infrastructure Developers Limited engages in the construction, development, operation, and maintenance of roads and highways on build-operate-transfer (BOT) basis in India. It operates through two segments, BOT/ Toll Operate and Transfer Projects, and Construction. The company is also involved in real estate development; generation and sale of electricity through windmill; and hospitality and airport infrastructure activities.
IRB Infrastructure Developers Fundamentals Summary
| IRB fundamental statistics | |
|---|---|
| Market Cap | ₹85.67b |
| Earnings (TTM) | ₹2.81b |
| Revenue (TTM) | ₹62.44b |
30.5x
P/E Ratio1.4x
P/S RatioIs IRB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRB income statement (TTM) | |
|---|---|
| Revenue | ₹62.44b |
| Cost of Revenue | ₹27.24b |
| Gross Profit | ₹35.20b |
| Expenses | ₹32.39b |
| Earnings | ₹2.81b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.00 |
| Gross Margin | 56.38% |
| Net Profit Margin | 4.50% |
| Debt/Equity Ratio | 276.4% |
How did IRB perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield63%
Payout RatioValuation
Is IRB Infrastructure Developers undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IRB (₹243.75) is trading below our estimate of fair value (₹1399.1)
Significantly Below Fair Value: IRB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IRB is poor value based on its PE Ratio (30.5x) compared to the Indian Construction industry average (19.2x).
PE vs Market: IRB is poor value based on its PE Ratio (30.5x) compared to the Indian market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: IRB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: IRB's PB Ratio (1.2x) is in line with the IN Construction industry average.
Future Growth
How is IRB Infrastructure Developers forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
53.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IRB's forecast earnings growth (53.6% per year) is above the savings rate (6.7%).
Earnings vs Market: IRB's earnings (53.6% per year) are forecast to grow faster than the Indian market (20.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IRB's revenue (12.8% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: IRB's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IRB's Return on Equity is forecast to be low in 3 years time (6.6%).
Past Performance
How has IRB Infrastructure Developers performed over the past 5 years?
-18.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRB has high quality earnings.
Growing Profit Margin: IRB's current net profit margins (4.5%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: IRB's earnings have declined by 18.8% per year over the past 5 years.
Accelerating Growth: IRB's earnings growth over the past year (6.4%) exceeds its 5-year average (-18.8% per year).
Earnings vs Industry: IRB earnings growth over the past year (6.4%) underperformed the Construction industry 21.8%.
Return on Equity
High ROE: IRB's Return on Equity (4%) is considered low.
Financial Health
How is IRB Infrastructure Developers's financial position?
Financial Position Analysis
Short Term Liabilities: IRB's short term assets (₹60.2B) exceed its short term liabilities (₹58.1B).
Long Term Liabilities: IRB's short term assets (₹60.2B) do not cover its long term liabilities (₹290.1B).
Debt to Equity History and Analysis
Debt Level: IRB's net debt to equity ratio (240.1%) is considered high.
Reducing Debt: IRB's debt to equity ratio has reduced from 302.9% to 276.4% over the past 5 years.
Debt Coverage: IRB's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: IRB's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Dividend
What is IRB Infrastructure Developers's current dividend yield, its reliability and sustainability?
2.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IRB's dividend (2.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: IRB's dividend (2.05%) is in the top 25% of dividend payers in the Indian market (1.34%)
Stability and Growth of Payments
Stable Dividend: IRB's dividend payments have been volatile in the past 10 years.
Growing Dividend: IRB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.6%), IRB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IRB's dividends in 3 years are forecast to be well covered by earnings (30% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Virendra Mhaiskar (50 yo)
15.08yrs
Tenure
₹69,620,000
Compensation
Mr. Virendra Dattatraya Mhaiskar has been the Chairman and Managing Director of IRB Infrastructure Developers Limited since December 2006. Mr. Mhaiskar is responsible for directing the IRB group's strategy...
CEO Compensation Analysis
Compensation vs Market: Virendra's total compensation ($USD939.48K) is above average for companies of similar size in the Indian market ($USD357.49K).
Compensation vs Earnings: Virendra's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IRB's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: IRB's board of directors are seasoned and experienced ( 10.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IRB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IRB Infrastructure Developers Limited's employee growth, exchange listings and data sources
Key Information
- Name: IRB Infrastructure Developers Limited
- Ticker: IRB
- Exchange: NSEI
- Founded: 1998
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: ₹85.666b
- Shares outstanding: 351.45m
- Website: https://www.irb.co.in
Number of Employees
Location
- IRB Infrastructure Developers Limited
- IRB Complex
- 3rd Floor
- Mumbai
- Maharashtra
- 400072
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:30 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.