Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of IRB Infrastructure Developers Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,620 | 1,634 | 1,745 | 1,969 | 2,061 | 1,853 | 1,586 | 2,025 | 2,149 | 2,099 | 1,751 | 1,871 | 1,927 |
| Expenses + | 898 | 910 | 1,026 | 1,150 | 1,307 | 1,049 | 903 | 1,041 | 1,151 | 1,147 | 826 | 849 | 844 |
| Operating Profit | 722 | 724 | 719 | 819 | 755 | 804 | 683 | 984 | 998 | 952 | 925 | 1,022 | 1,083 |
| OPM % | 45% | 44% | 41% | 42% | 37% | 43% | 43% | 49% | 46% | 45% | 53% | 55% | 56% |
| Other Income + | 79 | 111 | 130 | 109 | 443 | 119 | 166 | 5,869 | 69 | 66 | 49 | -2 | 50 |
| Interest | 373 | 381 | 435 | 433 | 615 | 439 | 434 | 461 | 458 | 462 | 451 | 436 | 406 |
| Depreciation | 222 | 237 | 233 | 251 | 274 | 255 | 231 | 265 | 286 | 269 | 262 | 289 | 321 |
| Profit before tax | 205 | 217 | 182 | 243 | 309 | 229 | 183 | 6,127 | 323 | 286 | 261 | 295 | 406 |
| Tax % | 37% | 38% | 47% | 23% | 39% | 39% | 46% | 2% | 33% | 29% | 46% | 29% | 27% |
| Net Profit + | 130 | 134 | 96 | 187 | 189 | 140 | 100 | 6,026 | 215 | 202 | 141 | 211 | 296 |
| EPS in Rs | 0.11 | 0.11 | 0.08 | 0.16 | 0.16 | 0.12 | 0.08 | 4.99 | 0.18 | 0.17 | 0.12 | 0.17 | 0.25 |
Financials of IRB Infrastructure Developers Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,849 | 5,128 | 5,846 | 5,694 | 6,707 | 6,852 | 5,299 | 5,804 | 6,402 | 7,409 | 7,613 | 7,648 |
| Expenses + | 1,631 | 2,461 | 2,789 | 3,005 | 3,763 | 3,887 | 2,947 | 3,229 | 3,271 | 4,387 | 4,141 | 3,666 |
| Operating Profit | 2,218 | 2,667 | 3,057 | 2,689 | 2,944 | 2,965 | 2,352 | 2,575 | 3,130 | 3,022 | 3,472 | 3,982 |
| OPM % | 58% | 52% | 52% | 47% | 44% | 43% | 44% | 44% | 49% | 41% | 46% | 52% |
| Other Income + | 113 | 127 | 123 | 295 | 196 | 252 | 189 | 552 | 300 | 793 | 6,222 | 163 |
| Interest | 937 | 1,070 | 1,342 | 976 | 1,126 | 1,574 | 1,697 | 1,894 | 1,521 | 1,868 | 1,795 | 1,755 |
| Depreciation | 707 | 853 | 855 | 544 | 540 | 468 | 582 | 683 | 832 | 995 | 1,038 | 1,142 |
| Profit before tax | 686 | 870 | 984 | 1,464 | 1,473 | 1,175 | 262 | 550 | 1,077 | 951 | 6,861 | 1,248 |
| Tax % | 21% | 26% | 27% | 37% | 42% | 39% | 55% | 34% | 33% | 36% | 6% | 32% |
| Net Profit + | 542 | 640 | 715 | 920 | 850 | 721 | 117 | 361 | 720 | 606 | 6,481 | 850 |
| EPS in Rs | 0.77 | 0.91 | 1.02 | 1.31 | 1.21 | 1.03 | 0.17 | 0.30 | 0.60 | 0.50 | 5.37 | 0.70 |
| Dividend Payout % | 26% | 22% | 25% | 19% | 10% | 24% | 0% | 0% | 17% | 30% | 3% | 4% |
Financials of IRB Infrastructure Developers Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 351 | 351 | 351 | 351 | 351 | 351 | 351 | 604 | 604 | 604 | 604 | 604 |
| Reserves | 4,009 | 4,485 | 4,920 | 5,341 | 5,964 | 6,331 | 6,549 | 11,962 | 12,775 | 13,141 | 19,223 | 20,345 |
| Borrowings + | 12,576 | 15,626 | 13,963 | 13,832 | 16,599 | 9,205 | 19,219 | 16,697 | 16,748 | 18,653 | 20,599 | 20,027 |
| Other Liabilities + | 22,453 | 21,699 | 27,406 | 20,865 | 17,549 | 23,997 | 15,052 | 13,218 | 12,575 | 12,472 | 13,423 | 13,078 |
| Total Liabilities | 39,391 | 42,162 | 46,641 | 40,389 | 40,464 | 39,885 | 41,171 | 42,481 | 42,703 | 44,870 | 53,849 | 54,054 |
| Fixed Assets + | 31,764 | 35,149 | 24,388 | 31,071 | 32,943 | 27,671 | 27,102 | 27,271 | 26,480 | 25,514 | 24,616 | 23,896 |
| CWIP | 4,835 | 4,020 | 6,806 | 5,648 | 3,797 | 403 | 673 | 63 | 8 | 8 | 1 | 4 |
| Investments | 9 | 36 | 146 | 945 | 645 | 4,146 | 4,799 | 4,904 | 5,141 | 9,642 | 17,097 | 19,328 |
| Other Assets + | 2,783 | 2,957 | 15,301 | 2,724 | 3,079 | 7,666 | 8,597 | 10,243 | 11,074 | 9,706 | 12,135 | 10,826 |
| Total Assets | 39,391 | 42,162 | 46,641 | 40,389 | 40,464 | 39,885 | 41,171 | 42,481 | 42,703 | 44,870 | 53,849 | 54,054 |
Financials of IRB Infrastructure Developers Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,823 | 2,340 | 3,192 | 2,132 | 2,710 | 3,709 | 867 | 364 | 1,764 | 4,054 | 1,971 | 2,098 |
| Cash from Investing Activity + | -2,297 | -3,144 | -2,981 | -2,621 | -4,081 | -4,932 | -8,176 | -1,553 | -650 | -3,644 | 375 | -910 |
| Cash from Financing Activity + | 475 | 671 | -202 | 410 | 1,438 | 1,388 | 7,520 | 589 | -860 | -477 | -720 | -2,702 |
| Net Cash Flow | 2 | -133 | 9 | -79 | 66 | 165 | 211 | -601 | 253 | -68 | 1,627 | -1,513 |
| Free Cash Flow | -486 | -819 | 417 | -1,838 | -1,507 | -1,492 | -6,924 | -1,010 | 1,354 | 3,816 | 1,776 | 1,417 |
| CFO/OP | 92% | 99% | 116% | 98% | 104% | 138% | 46% | 22% | 63% | 142% | 62% | 55% |
Financials of IRB Infrastructure Developers Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 1 | 4 | 8 | 6 | 23 | 23 | 62 | 93 | 37 | 16 | 7 |
| Inventory Days | 218 | 304 | 277 | 294 | 246 | 261 | 263 | 206 | 48 | |||
| Days Payable | 196 | 304 | 622 | 654 | 296 | 438 | 607 | 317 | 33 | |||
| Cash Conversion Cycle | 22 | 1 | 4 | 8 | 6 | -321 | -336 | 13 | -84 | -306 | -95 | 22 |
| Working Capital Days | -165 | -161 | -144 | -394 | -265 | -563 | -166 | 3 | 3 | -54 | -62 | -48 |
| ROCE % | 10% | 10% | 12% | 12% | 12% | 14% | 9% | 9% | 9% | 9% | 8% | 7% |