Irb Infrastructure Developers Limited

BSE: 532947 NSE: IRB
Irb Infrastructure Developers Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65910MH1998PLC115967 Incorporated 27 July 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: IRB · BSE: 532947 Public Limited Company infrastructure and utilities Fortune India 500 · #199 Nifty 500
Data last updated
Market Cap
₹20,943 Cr
IRB · NSE
Share Price
₹18.27
+5.36% today
Revenue
₹7,648 Cr
FY 2025-26 · +0.5% YoY
EBITDA
₹3,940 Cr
Margin 51.5%
Net Profit
₹875 Cr
FY 2025-26 · -11.8% YoY
P/E (TTM)
18.6x
P/B 1.0x
ROE
4.2%
ROCE 6.0%
Debt / Equity
1.00
Interest cover 62.8x

About Irb Infrastructure Developers Limited

Data last updated:

Irb Infrastructure Developers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 27 July 1998 and has been in existence for over 28 years.

Irb Infrastructure Developers is ranked #199 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Virendra Mhaiskar is #403 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65910MH1998PLC115967. Its GSTIN is 27AABCD1071G1Z1 (Maharashtra). The company holds 9 GST registrations, of which 6 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532947 and NSE: IRB.

The company has an authorised share capital of ₹1,260 Cr and a paid-up capital of ₹1,207.8 Cr. It was formerly known as Dvj Leasing and Finance Private Limited and Irb Infrastructure Developers Private Limited. It is led by directors including Virendra Dattatraya Mhaiskar (Managing Director) and Deepali Virendra Mhaiskar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1101 Hiranandani Knowledge Park, Mumbai, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹7,648.15 Cr, a growth of 0.5% compared to the previous year. For the same year it recorded a net profit of ₹875.13 Cr (net margin 11.4%) and EBITDA of ₹3,939.97 Cr (EBITDA margin 51.5%). The net worth stands at ₹20,949 Cr (up 5.7% YoY). Total assets are valued at ₹49,994 Cr (up 0.1% YoY).

The company has about 35 employees on its provident fund (EPFO) records. Its group structure includes 21 subsidiaries and 12 joint ventures.

The company is associated with 1 brand: IRB Infrastructure Developers. As per MCA filings, the company has open charges of ₹23,986 Cr and satisfied charges of ₹39,773 Cr on record. Court records list 38 cases involving the company, including 11 filed by the company and 27 filed against it; 13 cases are pending. The company has 45 deals on record (38 market trades, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹12,049 Cr; the latest was in November 2025.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irb.co.in.

Company details

CIN L65910MH1998PLC115967
Registration Number 115967
Incorporation Date 27 July 1998
ROC Mumbai
Listing Status Listed - Listed on NSE (IRB); Listed on BSE (532947)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Irb Infrastructure Developers has undergone 2 name changes throughout its history. The company was previously known as Dvj Leasing And Finance Private Limited, and Irb Infrastructure Developers Private Limited. The current legal name is Irb Infrastructure Developers Limited.

Company NameStatus
Irb Infrastructure Developers LimitedCurrent
Dvj Leasing And Finance Private LimitedPrevious
Irb Infrastructure Developers Private LimitedPrevious

CIN history

Irb Infrastructure Developers has one previous CIN (Corporate Identification Number): U65910MH1998PLC115967. The current CIN is L65910MH1998PLC115967, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65910MH1998PLC115967Current
U65910MH1998PLC115967Previous
Key People
Virendra Dattatraya Mhaiskar Managing Director Deepali Virendra Mhaiskar Whole-Time Director Priti Paras Savla Director

Recognitions & Rankings of Irb Infrastructure Developers

Fortune India 500 2025 edition
Rank#199
Total income
₹13,836 Cr
Profit
₹6,481 Cr
Last year #289
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#167
Valuation
₹35,870 Cr
2023 #209 2022 #249 2021 #340
India's Richest People 2026 edition · 1 director · Source: Hurun India
Stock market indices
Nifty 500 BSE 500

Contact details

Irb Infrastructure Developers Limited's registered office is in Mumbai, Maharashtra. Its website is irb.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    irb.co.in
  • Social Media
  • Registered Address
    Off No – 11th Floor/1101 Hiranandani Knowledge Park Technology Street Hill Side Avenue Powa, I, Mumbai, Maharashtra, India – 400076
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Irb Infrastructure Developers Limited, buy the company report.

Comprehensive company report
Irb Infrastructure Developers Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Irb Infrastructure Developers operates one associated brand: IRB Infrastructure Developers. Each brand links to its own profile.

BrandDescriptionWebsite
IRB Infrastructure Developers
Provider of infrastructure development servicesirb.co.in

Business activity

The main business activity of Irb Infrastructure Developers is construction. In detail, this covers specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstruction43Specialized construction activities

To see the full business activity and turnover split of Irb Infrastructure Developers Limited, buy the company report.

Financials of Irb Infrastructure Developers Limited

FY 2025-26 filings available

Irb Infrastructure Developers Limited reported revenue of ₹7,648.15 Cr (up 0.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹7,648 Cr
+0.5% YoY
EBITDA
₹3,940 Cr
+13.5% YoY
Profit After Tax
₹875 Cr
-11.8% YoY
Net Worth
₹20,949 Cr
+5.7% YoY
Total Assets
₹49,994 Cr
+0.1% YoY
Total Debt
₹20,027 Cr
-2.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue7,6487,6137,4096,4025,8045,2996,852
Revenue growth+0.5%+2.8%+15.7%+10.3%+9.5%-22.7%-
EBITDA3,9403,4723,0223,1292,5752,3522,965
EBITDA margin+51.5%+45.6%+40.8%+48.9%+44.4%+44.4%+43.3%
Profit before tax1,2486,8619511,0775502621,175
Net profit875992593705356116681
Net profit margin+11.4%+13.0%+8.0%+11.0%+6.1%+2.2%+9.9%
EPS (₹)1.4110.731.001.195.983.3320.51
Balance sheet
Total assets49,99449,94842,55640,83040,81838,09029,816
Net worth20,94919,82713,74513,37912,5666,9016,683
Total debt20,02720,59918,65316,74816,69719,2199,205
Cash & bank1,9113,4461,7632,4171,7442,3392,271
Net working capital2,9564,0312,4644,9613,0012,096(5,565)
Cash flow
Cash from operations2,0981,9714,0541,7643648673,709
Cash from investing(910)375(3,644)(650)(1,553)(8,176)(4,932)
Cash from financing(2,702)(720)(477)(860)5897,5201,388
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,8972,1371,9271,8711,7512,0992,1492,025
Revenue growth (YoY)+8.3%+1.8%-10.3%-7.6%+10.4%+13.3%--
Other income47.4335.3949.8941.0549.2865.6168.625,869
EBITDA1,0551,1531,083980925952998984
EBITDA margin+55.6%+53.9%+56.2%+52.4%+52.8%+45.4%+46.4%+48.6%
Depreciation329333321289262269286265
Interest388438406436451462458461
Profit before tax3854174062952612863236,127
Tax12511010984.2212083.90108101
Net profit2603062962111412022156,026
EPS (₹)0.220.250.250.170.230.340.359.98
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,6275,0634,8264,1602,6002,7503,992
Revenue growth-8.6%+4.9%+16.0%+60.0%-5.5%-31.1%-
EBITDA1,455851587431676378521
EBITDA margin+31.4%+16.8%+12.2%+10.4%+26.0%+13.7%+13.1%
Profit before tax1,3245,813904459430203368
Net profit998654753372317186279
Net profit margin+21.6%+12.9%+15.6%+9.0%+12.2%+6.8%+7.0%
EPS (₹)1.659.301.260.625.305.367.94
Balance sheet
Total assets27,77625,51418,87314,81913,95812,94910,611
Net worth15,96114,6989,4848,9538,4872,8562,566
Total debt11,79810,8149,3255,8655,46810,0908,042
Cash & bank1,5183,1431,4461,6791,4932,0591,256
Net working capital3721,5202951,7571,4211,8651,667
Cash flow
Cash from operations(213)4381,149250(290)1,422(425)
Cash from investing(923)710(3,795)(25.70)(269)(2,391)(2,362)
Cash from financing(441)5122,549(31.46)(12.40)1,2013,124
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,0031,2301,1721,0971,0651,2941,4661,349
Revenue growth (YoY)-5.8%-4.9%-20.1%-18.7%+7.1%+3.2%--
Other income97.5855.5520099.6910776.201444,936
Total expenses6447787336907231,0271,0971,037
EBITDA359452439407341267369313
EBITDA margin+35.8%+36.7%+37.5%+37.1%+32.0%+20.7%+25.2%+23.2%
Depreciation0.000.000.000.000.000.000.000.00
Interest145148152151153157157154
Profit before tax3123604863562961863565,095
Tax78.2890.4596.5377.0010746.6378.0060.98

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,8972,1371,9271,8711,7512,0992,1492,025
Revenue growth (YoY)+8.3%+1.8%-10.3%-7.6%+10.4%+13.3%--
Other income47.4335.3949.8941.0549.2865.6168.625,869
EBITDA1,0551,1531,083980925952998984
EBITDA margin+55.6%+53.9%+56.2%+52.4%+52.8%+45.4%+46.4%+48.6%
Depreciation329333321289262269286265
Interest388438406436451462458461
Profit before tax3854174062952612863236,127
Tax12511010984.2212083.90108101
Net profit2603062962111412022156,026
EPS (₹)0.220.250.250.170.230.340.359.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue7,6487,6137,4096,4025,8045,2996,852
Revenue growth+0.5%+2.8%+15.7%+10.3%+9.5%-22.7%-
Other income2066,222793302552189252
Total expenses3,7084,1414,3873,2733,2292,9473,887
Employee cost423426394346287262287
EBITDA3,9403,4723,0223,1292,5752,3522,965
EBITDA margin+51.5%+45.6%+40.8%+48.9%+44.4%+44.4%+43.3%
Depreciation1,1421,038995832683582468
Interest1,7561,7951,8681,5211,8941,6971,574
Profit before tax1,2486,8619511,0775502621,175
Tax397381346357188144454
Net profit875992593705356116681
Net profit margin+11.4%+13.0%+8.0%+11.0%+6.1%+2.2%+9.9%
EPS (₹)1.4110.731.001.195.983.3320.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital604604604604604351351
Reserves & surplus20,34519,22313,14112,77511,9626,5496,331
Shareholders' funds (net worth)20,94919,82713,74513,37912,5666,9016,683
Minority interest0.000.000.000.000.000.000.00
Secured loans16,44117,29415,84414,25614,49717,3097,604
Unsecured loans3,5863,3052,8092,4932,2001,9091,601
Total debt20,02720,59918,65316,74816,69719,2199,205
Total liabilities49,99449,94842,55640,83040,81838,09029,816
Assets
Gross block30,20229,89129,79029,78029,77928,94128,945
Net block23,89624,61625,51426,48027,27127,10227,671
Capital work in progress4.240.777.657.5462.53673403
Investments19,32817,0979,6425,1414,9044,7994,146
Inventories367339293299317322331
Sundry debtors1553317591,635994340441
Cash & bank balances1,9113,4461,7632,4171,7442,3392,271
Loans & advances2,0671,7771,7602,4181,6092,1771,462
Total current assets4,5015,8924,5746,7694,6645,1784,505
Total current liabilities1,5441,8612,1101,8091,6633,08110,070
Net working capital2,9564,0312,4644,9613,0012,096(5,565)
Total assets49,99449,94842,55640,83040,81838,09029,816
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,86023330147.28648437272
Net cash from operating activities2,0981,9714,0541,7643648673,709
Net cash from investing activities(910)375(3,644)(650)(1,553)(8,176)(4,932)
Net cash from financing activities(2,702)(720)(477)(860)5897,5201,388
Net change in cash(1,513)1,627(67.89)253(601)211165
Closing cash1,9113,4461,7632,4171,7442,3392,271
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+0.5%+2.8%+15.7%+10.3%+9.5%-22.7%-
EBITDA growth+13.5%+14.9%-3.4%+21.5%+9.5%-20.7%-
PBT growth-81.8%+621.2%-11.7%+95.9%+110.1%-77.7%-20.2%
Net income growth-11.8%+67.3%-15.8%+98.0%+207.3%-83.0%-
Revenue CAGR (3Y)+6.1%+9.5%+11.8%-2.2%-4.7%-2.4%+5.4%
EBITDA CAGR (3Y)+8.0%+10.5%+8.7%+1.8%-4.4%-4.4%-1.0%
Profitability & leverage
Net income margin+11.1%+85.1%+8.2%+11.3%+6.2%+2.2%+10.5%
Return on capital employed+6.0%+6.2%+6.8%+6.4%+6.2%+5.8%+8.3%
Return on net worth+4.2%+5.9%+4.5%+5.6%+3.7%+1.7%+11.1%
Debt / equity1.001.171.311.291.852.091.99
Long-term debt / equity0.901.061.151.151.681.741.62
Interest cover62.7673.7492.1766.24100.1195.8963.03
Efficiency & per share
Fixed asset turnover0.250.260.250.210.200.180.22
Inventory turnover21.6824.1125.0320.7718.1616.2317.71
Debtors turnover31.4513.986.194.878.7013.5724.72
EPS (₹)1.4110.731.001.195.983.3320.51
Dividend per share (₹)0.210.300.300.200.000.005.00
Book value per share (₹)34.6932.8322.7622.15208.07196.35190.15
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,0031,2301,1721,0971,0651,2941,4661,349
Revenue growth (YoY)-5.8%-4.9%-20.1%-18.7%+7.1%+3.2%--
Other income97.5855.5520099.6910776.201444,936
Total expenses6447787336907231,0271,0971,037
EBITDA359452439407341267369313
EBITDA margin+35.8%+36.7%+37.5%+37.1%+32.0%+20.7%+25.2%+23.2%
Depreciation0.000.000.000.000.000.000.000.00
Interest145148152151153157157154
Profit before tax3123604863562961863565,095
Tax78.2890.4596.5377.0010746.6378.0060.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,6275,0634,8264,1602,6002,7503,992
Revenue growth-8.6%+4.9%+16.0%+60.0%-5.5%-31.1%-
Other income4835,5421,025403476320171
Total expenses3,1724,2134,2393,7291,9242,3723,471
Employee cost60.5569.9283.6875.9047.8142.6060.86
EBITDA1,455851587431676378521
EBITDA margin+31.4%+16.8%+12.2%+10.4%+26.0%+13.7%+13.1%
Depreciation0.000.000.000.000.000.000.00
Interest614580708375722495323
Profit before tax1,3245,813904459430203368
Tax32719914187.0211014.1488.98
Net profit998654753372317186279
Net profit margin+21.6%+12.9%+15.6%+9.0%+12.2%+6.8%+7.0%
EPS (₹)1.659.301.260.625.305.367.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital604604604604604351351
Reserves & surplus15,35714,0948,8808,3497,8832,5052,214
Shareholders' funds (net worth)15,96114,6989,4848,9538,4872,8562,566
Secured loans8791,0631,4323,5933,3576,4612,777
Unsecured loans10,9199,7527,8932,2722,1113,6295,266
Total debt11,79810,8149,3255,8655,46810,0908,042
Total liabilities27,77625,51418,87314,81913,95812,94910,611
Assets
Gross block0.000.000.000.000.000.000.00
Net block0.000.000.000.000.000.000.00
Capital work in progress0.000.000.000.000.000.000.00
Investments23,14520,39913,7708,7528,2708,9756,450
Inventories0.000.000.000.000.000.000.00
Sundry debtors51.35278778549293171239
Cash & bank balances1,5183,1431,4461,6791,4932,0591,256
Loans & advances1,1341,0371,0051,5601,2111,7542,381
Total current assets2,7044,4593,2303,7882,9963,9843,875
Total current liabilities2,3322,9392,9352,0311,5752,1192,209
Net working capital3721,5202951,7571,4211,8651,667
Total assets27,77625,51418,87314,81913,95812,94910,611
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,7631031996.445783469.18
Net cash from operating activities(213)4381,149250(290)1,422(425)
Net cash from investing activities(923)710(3,795)(25.70)(269)(2,391)(2,362)
Net cash from financing activities(441)5122,549(31.46)(12.40)1,2013,124
Net change in cash(1,576)1,660(96.83)193(571)232337
Closing cash1,5183,1431,4461,6791,4932,0591,256
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-8.6%+4.9%+16.0%+60.0%-5.5%-31.1%-
EBITDA growth+71.0%+44.9%+36.3%-36.3%+79.0%-27.5%-
PBT growth-77.2%+543.2%+96.8%+6.8%+112.2%-45.0%-20.0%
Net income growth+52.6%-13.2%+102.4%+17.4%+70.3%-33.3%-
Revenue CAGR (3Y)+3.6%+24.9%+20.6%+1.4%-8.4%-1.8%+5.4%
EBITDA CAGR (3Y)+50.0%+8.0%+15.8%-6.1%+14.4%+5.7%+11.7%
Profitability & leverage
Net income margin+21.5%+110.9%+15.8%+9.0%+12.3%+6.9%+7.0%
Return on capital employed+7.3%+7.2%+9.6%+5.8%+8.6%+5.9%+7.8%
Return on net worth+6.5%+8.1%+8.3%+4.3%+5.6%+7.0%+10.7%
Debt / equity0.740.830.820.651.373.342.43
Long-term debt / equity0.460.500.420.310.711.250.49
Interest cover42.1968.15120.5986.91106.78131.0062.07
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover28.069.587.279.8911.2213.4411.57
EPS (₹)1.659.301.260.625.305.367.94
Dividend per share (₹)0.210.300.300.200.000.005.00
Book value per share (₹)26.4324.3415.7114.82140.5481.2773.01

To see the full year-wise statements and ratios of Irb Infrastructure Developers Limited, buy the company report.

Board of directors of Irb Infrastructure Developers Limited

Irb Infrastructure Developers has 8 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepali Virendra Mhaiskar
Also directs: Irb Holding Private Limited, VDM Ventures Private Limited, Ideal Road Builders Private Limited and 3 more
Whole-Time Director27 Jul 199828 Years 3 MonthsCurrent
Virendra Dattatraya Mhaiskar
Also directs: Irb Holding Private Limited, MMK Toll Road Private Limited, Irb MP Expressway Private Limited and 2 more
Managing Director13 Dec 200619 Years 10 MonthsCurrent
Priti Paras Savla
Also directs: Pitti Engineering Limited, Vikran Engineering Limited, Apcotex Industries Limited and 5 more
Director10 Feb 20224 Years 9 MonthsCurrent
Ravindra Dhariwal
Also directs: D and D Consulting LLP, Tbo Tek Limited, Ebco Private Limited and 2 more
Director05 Aug 20224 Years 3 MonthsCurrent
Ajay Kumar Singh
Also directs: Tanfac Industries Limited, Equippp Social Impact Technologies Limited, Innexico Technology Private Limited and 3 more
Director05 Feb 20251 Years 9 MonthsCurrent
Luis Aguirre De Carcer CabezasDirector29 Dec 20241 Years 10 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Irb Infrastructure Developers Limited is audited by Gokhale & Sathe for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Gokhale & SatheFY 2025103264W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 30.80%, foreign institutional investors hold 43.90%, domestic institutional investors hold 10.10% and retail and other public shareholders hold 15.20%.

Promoters: 30.80%DII (Domestic Institutional): 10.10%FII (Foreign Institutional): 43.90%Retail & Others: 15.20%
Sep 2026
QUARTER
30.80% Promoters
10.10% DII (Domestic Institutional)
43.90% FII (Foreign Institutional)
15.20% Retail & Others
Promoter holding - history
Now 30.80% · Sep 2026High 30.80% · Jun 2026Low 30.40% · Dec 2025
29%29.8%30.5%31.3%32%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 30.40%Mar 2026: 30.40%Jun 2026: 30.80%Sep 2026: 30.80%30.80%30.40%30.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters30.80%30.80%30.40%30.40%
Public69.20%69.20%69.60%69.60%

Charges & borrowings

Open charges
₹23,986 Cr
Satisfied charges
₹39,773 Cr
Breakdown by lending institutions
Others₹14,626.23 Cr
Sbicap Trustee Company Limited₹6,610.00 Cr
Idbi Trusteeship Services Limited₹1,119.60 Cr
Canara Bank₹1,100.00 Cr
Idbi Bank Limited₹530.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Apr 2024100900055Others₹6,205.62 CrOpen
10 Jul 2023100740055Others₹400 CrOpen
04 Jul 2023100737455Others₹500 CrOpen
04 Jul 2023100737579Others₹356.5 CrOpen
15 Jun 2022100584988Others₹2,659 CrOpen

To see the full charge records of Irb Infrastructure Developers Limited, buy the company report.

Total charge records: 68 View all charges

Deals & funding

Irb Infrastructure Developers Limited has 45 deals on record (38 market trades, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹12,049 Cr; the latest was in November 2025.

Total deals
45
Market trades
38
Acquisitions
2
Funding rounds
2
QIP
1
Disclosed funding
₹12,049 Cr

Deals on record (5 of 45)

WhenDealAmountParties
Nov 2025Market trade₹17.73 CrBuyer: Irb Holding Private Limited
Seller: an individual
Jun 2024Market trade₹11.83 CrBuyer: an individual
Seller: DSM Projects Private Limited
Jun 2024Market trade₹11.97 CrBuyer: an individual
Seller: SDM Ventures Private Limited
Jun 2024Market trade₹2,718.51 CrBuyer: Mansi Share And Stock Advisors Pvt Ltd, Hrti Private Limited , F3 Advisors Private Limited
Seller: Cintra Inr Investments Bv, Mansi Share And Stock Advisors Pvt Ltd, F3 Advisors Private Limited
May 2024Market trade₹1,577.58 CrBuyer: Clsa India Private Limited - Error Account
Seller: Irb Holding Private Limited , Clsa India Private Limited - Error Account

To see the full deal history of Irb Infrastructure Developers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Irb Infrastructure Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Irb Infrastructure Developers has 21 subsidiary companies and 12 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

21
Subsidiary companies
12
Joint ventures
Key subsidiaries
Company NameCINShares held
MRM Mining Private LimitedU14100GJ2002PTC040343
Irb PS Highway Private LimitedU26940MH2010PTC203790
Irb Infrastructure Private LimitedU28920MH1997PTC112628
Samakhiyali Tollway Private LimitedU42101MH2023PTC398913
Aryan Toll Road Private LimitedU45200MH2003PTC138808
Atr Infrastructure Private LimitedU45200MH2003PTC140999

To see the full group structure of Irb Infrastructure Developers Limited, buy the company report.

Employees & EPFO

Irb Infrastructure Developers Limited has a workforce of 35 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
35
Active EPFO establishments
1
Employee growth
-5.41%

GST

Irb Infrastructure Developers has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
6
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AABCD1071G1Z1MaharashtraActive01 Jul 2017
06AABCD1071G1Z5HaryanaActive01 Jul 2017
24AABCD1071G1Z7GujaratActive01 Jul 2017
02AABCD1071G1ZDHimachal PradeshActive12 Nov 2021

To see the full GST registrations and return filing status of Irb Infrastructure Developers Limited, buy the company report.

Recent activity

Irb Infrastructure Developers Limited has 56 board changes on record since 1998: 34 appointments and 22 cessations. The latest: Anilkumar Dayashankar Yadav was appointed as CEO on 04 Nov 2025.

Filing
Irb Infrastructure Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Anilkumar Dayashankar Yadav was appointed as CEO.
AGM
Irb Infrastructure Developers Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 356.50 Cr registered on 04 Jul 2023 with Charge ID 100737579 was modified on 09 Jul 2025.
Charges
A charge registered on 30 Jul 2020 via Charge ID 100361400 with Idbi Trusteeship Services Limited was fully satisfied on 04 Jul 2025.
Appointed
Rajpaul Satyapaul Sharma was appointed as CEO.
Ceased
Sudhir Rao Hoshing ceased to be CEO.
Appointed
Ajay Kumar Singh was appointed as Director.
Ceased
Sandeep Jasvantlal Shah ceased to be Director.
Charges
A charge registered on 18 Sep 2023 via Charge ID 100791965 with Others was fully satisfied on 22 Jan 2025.
Charges
A charge registered on 07 Aug 2023 via Charge ID 100756509 with Sbicap Trustee Company Limited was fully satisfied on 10 Jan 2025.
Appointed
Luis Aguirre De Carcer Cabezas was appointed as Director.

188 earlier events are in the company report.

News

IRB: Q2 EBITDA 10.55B RUPEES VS 9.25B (YOY); Q2 EBITDA MARGIN 55.59% VS 52.80% (YOY)
05 Nov 2026 · Exchange Update
IRB: Q2 CONS NET PROFIT 2.6B RUPEES VS 1.41B (YOY)
05 Nov 2026 · Exchange Update
IRB Infrastructure: CLSA on IRB Infrastructure Maintains Outperform, Target Price ₹34.5; toll growth improved 12%, with Mumbai-Pune expressway tolls up 11% FY27YTD and InvIT assets up 13% LFL; higher WPI could drive FY28 toll hikes, while NHAI’s US$30bn monetisation plan offers growth opportunities, supported by IRB’s asset sell-down model and re-leveraging potential.
12 Oct 2026 · Exchange Update
IRB Infra: Company Raises Toll Collection Forecast From 20% To 24%
12 Oct 2026 · Exchange Update

Frequently asked questions

Irb Infrastructure Developers is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 27 July 1998 (28+ years old) and is registered under CIN L65910MH1998PLC115967. Listed on BSE: 532947 and NSE: IRB.

Irb Infrastructure Developers reported revenue of ₹7,648.15 Cr for FY 2025-26 (up 0.5% YoY) based on consolidated financials.

Irb Infrastructure Developers has 8 current directors:

The latest financial statements of Irb Infrastructure Developers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Irb Infrastructure Developers is 27AABCD1071G1Z1, registered in Maharashtra. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 06AABCD1071G1Z5 (Haryana), 24AABCD1071G1Z7 (Gujarat), 02AABCD1071G1ZD (Himachal Pradesh).

The CIN (Corporate Identification Number) of Irb Infrastructure Developers is L65910MH1998PLC115967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Irb Infrastructure Developers is a listed company as per MCA records. Its shares are listed on both BSE (code: 532947) and NSE (symbol: IRB).

Irb Infrastructure Developers has 38 court cases on record: 11 filed by the company and 27 filed against it. 13 are pending. Most are in the high courts.

Irb Infrastructure Developers was incorporated on 27 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Irb Infrastructure Developers has 45 deals on record (38 market trades, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹12,049 Cr; the latest was in November 2025.