IRB Infrastructure Developers Limited

NSEI:IRB Stock Report

Market Cap: ₹275.9b

IRB Infrastructure Developers Dividends and Buybacks

Dividend criteria checks 3/6

IRB Infrastructure Developers is a dividend paying company with a current yield of 0.53% that is well covered by earnings.

Key information

0.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield0.8%
Dividend Growth-4.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio16%

Recent dividend and buyback updates

Analysis Article Nov 15

IRB Infrastructure Developers (NSE:IRB) Will Pay A Dividend Of ₹0.07

IRB Infrastructure Developers Limited ( NSE:IRB ) will pay a dividend of ₹0.07 on the 11th of December. However, the...
Analysis Article Aug 23

IRB Infrastructure Developers (NSE:IRB) Has Announced That Its Dividend Will Be Reduced To ₹0.07

The board of IRB Infrastructure Developers Limited ( NSE:IRB ) has announced that the dividend on 12th of September...
Analysis Article Feb 04

IRB Infrastructure Developers' (NSE:IRB) Dividend Will Be ₹0.10

IRB Infrastructure Developers Limited ( NSE:IRB ) has announced that it will pay a dividend of ₹0.10 per share on the...

Recent updates

Narrative Update May 19

IRB: Upcoming Board Decisions And Dividend Plans Will Support Bullish Outlook

Analysts have revised their price target for IRB Infrastructure Developers to ₹34.5 from ₹72.0, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News Board meeting scheduled on May 20, 2026 to review consolidated and standalone audited financial results for the quarter and year ended March 31, 2026, and to consider a 4th interim dividend for FY 2025-26, if any (company filing).
Narrative Update Apr 28

IRB: Planned Stock Split And Bonus Shares Will Support Future Upside

Analysts have reduced their price target on IRB Infrastructure Developers from about ₹58 to about ₹29, citing revised assumptions for revenue growth, profit margins, and a higher future P/E multiple. Together, these changes indicate a lower fair value estimate, even though the stock fundamentals provided here remain unchanged.
Narrative Update Apr 14

IRB: Bonus Share Plan Will Shape Bullish Long Term Outlook

Analysts have kept the price target for IRB Infrastructure Developers unchanged at ₹24.00, citing slightly higher assumed discount rates and future P/E multiples, along with modestly adjusted revenue growth and profit margin expectations. What's in the News Board meeting scheduled for Feb 13, 2026 to consider consolidated and standalone unaudited results for the quarter and nine months ended Dec 31, 2025, a potential 3rd interim dividend for FY 2025-26, and a proposal to issue bonus equity shares subject to approvals (Key Developments).
Narrative Update Mar 30

IRB: Bonus Shares And Dividend Plans Will Shape Measured Future Outlook

Analysts have reduced their price target on IRB Infrastructure Developers from ₹52.00 to ₹24.00, citing updated assumptions on revenue growth, profit margins and future P/E that together reflect a more conservative view of fair value. What's in the News Board meeting scheduled for Feb 13, 2026 to review consolidated and standalone unaudited financial results for the quarter and nine months ended Dec 31, 2025, and to consider a 3rd interim dividend for FY 2025-26, if any, along with a proposal to issue bonus equity shares subject to approvals (Board Meeting).
Narrative Update Mar 16

IRB: Upcoming Bonus Shares And Capital Changes Will Support Future Upside

Analysts have held their fair value estimate steady at ₹57.6 per share, while trimming the discount rate and slightly adjusting long term P/E and margin assumptions. This reflects a more measured view of risk and earnings quality for IRB Infrastructure Developers.
Narrative Update Mar 02

IRB: Upcoming Capital Changes And Bonus Issue Will Support Future Upside

Analysts have nudged their price target on IRB Infrastructure Developers slightly lower, from ₹59.20 to ₹57.60, as updated assumptions on discount rate, revenue growth, profit margin and future P/E filter through their valuation work. What's in the News A board meeting is scheduled for Feb 13, 2026 to review consolidated and standalone unaudited financial results for the quarter and nine months ended Dec 31, 2025, and to consider a 3rd interim dividend for FY 2025-26, if any, and a potential issue of bonus equity shares, subject to shareholder and other approvals (company event filing).
Narrative Update Feb 16

IRB: Planned Bonus And Dividend Decisions Will Support Perceived Undervaluation

Analysts have kept their price target for IRB Infrastructure Developers steady at ₹52.00. The unchanged fair value reflects a balance between a lower implied discount rate, a shift to weaker revenue growth assumptions, higher forecast profit margins, and a reduced future P/E multiple.
Analysis Article Feb 08

Is IRB Infrastructure Developers (NSE:IRB) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Feb 02

IRB: Upcoming Shareholder And Board Approvals Will Support Future Upside

Analysts have nudged their price target on IRB Infrastructure Developers slightly higher to ₹59.20 from ₹59, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News A special and extraordinary shareholders meeting is scheduled for January 13, 2026 at 11:00 Indian Standard Time to consider and approve material related party transactions linked to the Corridor of Lucknow Ayodhya Gorakhpur (NH-27) and Lucknow Sultanpur (NH-731) TOT-17 project (Key Developments).
Analysis Article Jan 25

Is IRB Infrastructure Developers Limited (NSE:IRB) Trading At A 27% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, IRB Infrastructure Developers fair value estimate is ₹54.22...
Narrative Update Jan 18

IRB: Higher Future P/E Outlook Will Support Undervalued Upside Potential

Analysts have kept their fair value estimate for IRB Infrastructure Developers steady at ₹52.0, citing reduced revenue growth and profit margin assumptions, a higher discount rate, and a higher future P/E input as the key drivers behind the unchanged price target despite shifts in the underlying model. What's in the News Special / extraordinary shareholders meeting scheduled for January 13, 2026, at 11:00 Indian Standard Time to consider and approve material related party transactions for the Corridor of Lucknow Ayodhya Gorakhpur (NH-27) and Lucknow Sultanpur (NH-731) (TOT-17) TOT project (Key Developments).
Analysis Article Jan 11

Getting In Cheap On IRB Infrastructure Developers Limited (NSE:IRB) Is Unlikely

IRB Infrastructure Developers Limited's ( NSE:IRB ) price-to-sales (or "P/S") ratio of 3.6x may look like a poor...
Narrative Update Jan 04

IRB: Higher Future P E Outlook May Drive Stronger Upside Potential

Analysts have nudged their price target on IRB Infrastructure Developers higher from $50 to $52. This reflects slightly increased fair value expectations, despite moderating revenue growth and profit margin assumptions, which are offset by a richer future P/E outlook and higher discount rate.
Analysis Article Dec 24

Be Wary Of IRB Infrastructure Developers (NSE:IRB) And Its Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Dec 15

IRB: Upcoming Board Meetings Will Support Upside Through Dividend And Trust Investment Decisions

Narrative Update on IRB Infrastructure Developers Analysts have modestly raised their price target on IRB Infrastructure Developers to ₹59.00 per share, reflecting a slightly higher required return while maintaining stable assumptions for growth, margins, and future valuation multiples. What's in the News Board meeting scheduled for November 20, 2025 to consider and approve an Invitation to Offer to be issued to IRB InvIT Fund, the company sponsored publicly listed infrastructure investment trust (Key Developments).
Narrative Update Dec 01

IRB: Upcoming Board Meetings Will Support Momentum Through Dividend And Fund Initiatives

Analysts have raised their price target for IRB Infrastructure Developers from ₹58.20 to ₹59.00, reflecting improved outlooks on revenue growth and profit margin forecasts. What's in the News Board meeting on November 20, 2025, to consider and approve an invitation to offer to be issued to the IRB InvIT Fund, a publicly offered and listed InvIT sponsored by the company (Board Meeting Agenda).
Analysis Article Nov 26

IRB Infrastructure Developers' (NSE:IRB) Profits Appear To Have Quality Issues

IRB Infrastructure Developers Limited's ( NSE:IRB ) robust recent earnings didn't do much to move the stock. However...
Narrative Update Nov 17

IRB: Upcoming Board Meeting Will Drive Positive Momentum For Shareholders

Analysts have revised their fair value estimate for IRB Infrastructure Developers downward from ₹60.50 to ₹58.20. This change is based on updated assessments of revenue growth and profit margins.
Analysis Article Nov 15

IRB Infrastructure Developers (NSE:IRB) Will Pay A Dividend Of ₹0.07

IRB Infrastructure Developers Limited ( NSE:IRB ) will pay a dividend of ₹0.07 on the 11th of December. However, the...
Analysis Article Oct 28

Does IRB Infrastructure Developers (NSE:IRB) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 22

Be Wary Of IRB Infrastructure Developers (NSE:IRB) And Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Sep 09

Estimating The Fair Value Of IRB Infrastructure Developers Limited (NSE:IRB)

Key Insights IRB Infrastructure Developers' estimated fair value is ₹52.37 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Aug 23

IRB Infrastructure Developers (NSE:IRB) Has Announced That Its Dividend Will Be Reduced To ₹0.07

The board of IRB Infrastructure Developers Limited ( NSE:IRB ) has announced that the dividend on 12th of September...
Analysis Article Jul 12

IRB Infrastructure Developers Limited's (NSE:IRB) Business Is Yet to Catch Up With Its Share Price

When you see that almost half of the companies in the Construction industry in India have price-to-sales ratios (or...
Analysis Article Jun 27

We Think IRB Infrastructure Developers (NSE:IRB) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 11

IRB Infrastructure Developers (NSE:IRB) Could Be Struggling To Allocate Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article May 27

Solid Earnings May Not Tell The Whole Story For IRB Infrastructure Developers (NSE:IRB)

IRB Infrastructure Developers Limited's ( NSE:IRB ) robust recent earnings didn't do much to move the stock. We believe...
Analysis Article May 13

We Ran A Stock Scan For Earnings Growth And IRB Infrastructure Developers (NSE:IRB) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Apr 04

Some Confidence Is Lacking In IRB Infrastructure Developers Limited's (NSE:IRB) P/S

When close to half the companies in the Construction industry in India have price-to-sales ratios (or "P/S") below...
Analysis Article Mar 20

Here's Why IRB Infrastructure Developers (NSE:IRB) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 04

IRB Infrastructure Developers Limited's (NSE:IRB) Intrinsic Value Is Potentially 77% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, IRB Infrastructure Developers fair value estimate is ₹75.89...
Analysis Article Feb 04

IRB Infrastructure Developers' (NSE:IRB) Dividend Will Be ₹0.10

IRB Infrastructure Developers Limited ( NSE:IRB ) has announced that it will pay a dividend of ₹0.10 per share on the...
Analysis Article Jan 28

Is Now The Time To Put IRB Infrastructure Developers (NSE:IRB) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 15

Returns On Capital At IRB Infrastructure Developers (NSE:IRB) Have Hit The Brakes

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Jan 01

Should You Investigate IRB Infrastructure Developers Limited (NSE:IRB) At ₹57.24?

While IRB Infrastructure Developers Limited ( NSE:IRB ) might not have the largest market cap around , it saw a...
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New Narrative Dec 25

Asset Monetization And Highway Expansion Strategy Will Triple Portfolio And Boost Earnings

Strengthened liquidity and cash flow generation could boost business stability and future revenue growth through strategic asset monetization and projects.
Analysis Article Dec 17

IRB Infrastructure Developers (NSE:IRB) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 18

The Price Is Right For IRB Infrastructure Developers Limited (NSE:IRB)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 31x, you may consider IRB...
Analysis Article Nov 04

IRB Infrastructure Developers Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

IRB Infrastructure Developers Limited ( NSE:IRB ) just released its latest second-quarter report and things are not...
Analysis Article Nov 02

IRB Infrastructure Developers (NSE:IRB) Is Due To Pay A Dividend Of ₹0.10

The board of IRB Infrastructure Developers Limited ( NSE:IRB ) has announced that it will pay a dividend of ₹0.10 per...
Analysis Article Oct 15

Is IRB Infrastructure Developers Limited (NSE:IRB) Trading At A 36% Discount?

Key Insights The projected fair value for IRB Infrastructure Developers is ₹91.83 based on 2 Stage Free Cash Flow to...
Analysis Article Sep 05

We Ran A Stock Scan For Earnings Growth And IRB Infrastructure Developers (NSE:IRB) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Aug 13

Results: IRB Infrastructure Developers Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

As you might know, IRB Infrastructure Developers Limited ( NSE:IRB ) just kicked off its latest first-quarter results...
Analysis Article Jul 30

Should You Investigate IRB Infrastructure Developers Limited (NSE:IRB) At ₹66.77?

IRB Infrastructure Developers Limited ( NSE:IRB ), might not be a large cap stock, but it saw significant share price...
Analysis Article Jun 26

Is IRB Infrastructure Developers (NSE:IRB) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 08

Return Trends At IRB Infrastructure Developers (NSE:IRB) Aren't Appealing

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article May 21

IRB Infrastructure Developers' (NSE:IRB) Soft Earnings Are Actually Better Than They Appear

Investors were disappointed with the weak earnings posted by IRB Infrastructure Developers Limited ( NSE:IRB...
Analysis Article Apr 13

After Leaping 34% IRB Infrastructure Developers Limited (NSE:IRB) Shares Are Not Flying Under The Radar

Despite an already strong run, IRB Infrastructure Developers Limited ( NSE:IRB ) shares have been powering on, with a...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: IRB's dividend payments have been volatile in the past 10 years.

Growing Dividend: IRB's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

IRB Infrastructure Developers Dividend Yield vs Market
How does IRB dividend yield compare to the market?
SegmentDividend Yield
Company (IRB)0.5%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Construction)0.8%
Analyst forecast (IRB) (up to 3 years)0.8%

Notable Dividend: IRB's dividend (0.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: IRB's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (1.5%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.5%), IRB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.7%), IRB's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 23:24
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

IRB Infrastructure Developers Limited is covered by 38 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.