# IRB (IRB) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/irb

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹18.43
- Change: -2.23%
- As of: 2026-09-18
- 1D return: -1.96%
- 5D return: -7.18%
- 1M return: -2.48%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹18.48. The daily timeframe shows a mixed picture, with the price below key moving averages (EMA 20, EMA 50, SMA 20, SMA 50, SMA 200) but above the Supertrend indicator, suggesting potential short-term weakness within a bullish signal. The weekly timeframe indicates a bearish trend, with the price below its EMA 20, EMA 50, SMA 20, SMA 50, and Supertrend. Conversely, the monthly timeframe presents a bullish trend, with the price above its Supertrend indicator, though below the EMA 20 and SMA 20. This divergence across timeframes suggests a period of consolidation or transition. The nearest support level is observed at ₹18.38, while resistance is noted at ₹18.59 and ₹18.72.

Recent market activity includes a notable upward price and volume anomaly on September 10, 2026, with a volume ratio of 6.63 and a Z-score of 13.73. Additionally, there was an upward gap on September 4, 2026. The stock has formed an Outside Bar pattern on the monthly timeframe and a Bearish Engulfing Reversal and Evening Star pattern on the weekly timeframe as of September 18, 2026. The annualized volatility stands at 30%, with a current drawdown of -39% and a maximum drawdown of -39%. The Average True Range (ATR) as a percentage of the price is 2.7%.

- Nearest support level at ₹18.38.
- Nearest resistance levels at ₹18.59 and ₹18.72.
- Monthly timeframe shows a bullish trend (price above Supertrend), while weekly shows a bearish trend (price below Supertrend and moving averages).
- Key patterns observed include a monthly Outside Bar and weekly Bearish Engulfing Reversal and Evening Star.
- Watch for a sustained break above ₹18.59 for potential upward momentum, and a break below ₹18.38 to test lower support levels.

- Outside Bar
- Bearish Engulfing Reversal
- Evening Star
- Inside Bar
- Doji
- Harami

### News Context

IRB Infrastructure Developers reported a notable increase in its August 2026 gross toll revenue, which reached ₹8,074 million, a year-over-year rise of approximately 25% from ₹6,462 million in August 2025. This growth was attributed to ongoing traffic expansion and a tariff adjustment at the beginning of the fiscal year 2027. The company also provided updates on new toll collections from three projects: IRB Harihara Corridors (commenced January 23, 2026), IRB Chandibhadra Tollway (commenced April 1, 2026), and Meerut Budaun Expressway (commenced May 17, 2026). In other corporate news, IRB Infrastructure Developers announced its 28th Annual General Meeting, scheduled for September 22, 2026, to be held via video conferencing. The company set September 15, 2026, as the cut-off date for determining voting rights and established a remote e-voting period from September 17 to September 21, 2026. Additionally, the company's senior management is scheduled to engage with investors and analysts at the Ashwamedh 2026-Elara India Flagship Conference on September 1, 2026, with assurances that no unpublished price-sensitive information will be disclosed.

- On September 9, 2026, IRB Infrastructure Developers announced August 2026 gross toll revenue of ₹8,074 million, a 25% increase from ₹6,462 million in August 2025, citing traffic growth and tariff revisions.
- New toll collections began for IRB Harihara Corridors (January 23, 2026), IRB Chandibhadra Tollway (April 1, 2026), and Meerut Budaun Expressway (May 17, 2026).
- The company's 28th Annual General Meeting is scheduled for September 22, 2026, with a voting cut-off date of September 15, 2026, and remote e-voting from September 17-21, 2026.
- IRB Infrastructure Developers' senior management planned to meet investors and analysts at the Ashwamedh 2026-Elara India Flagship Conference on September 1, 2026, without disclosing unpublished price-sensitive information.

- IRB Infrastructure Developers Limited has informed the Exchange regarding 'project wise toll revenue for the month of August 2026'. |SUBJECT: Updates
- IRB|IRB INFRASTRUCTURE DEVELOPERS LIMITED|Original|Regulation 7 (2)|IT_2724_WebXMLFile_20260902_201334333.xml|IT_2724_20260902_201334367_WEB.html|11373|35358|-
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Advertisement regarding notice of 28th Annual General Meeting and E-voting and other related information. |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange regarding 'Intimation of Schedule of analysts/ Institutional Meeting'. |SUBJECT: Updates

### What Changed

As of September 18, 2026, IRB Infrastructure Developers' stock price has seen a slight decrease, trading at ₹18.48 compared to its previous price of ₹18.85. The available data does not indicate any new filings or news events that would explain this recent shift. The company's profile on the NSE remains unchanged, with no new developments reported in the provided evidence pack.

- On September 18, 2026, IRB Infrastructure Developers' stock was trading at ₹18.48 on the NSE.
- This represents a decrease from the previous price of ₹18.85.
- No new filings or news were reported for IRB Infrastructure Developers as of September 18, 2026.

### Official Filings

IRB Infrastructure Developers Limited reported a significant increase in its gross toll revenue for August 2026, reaching ₹8,074 million. This represents a year-over-year growth of approximately 25% compared to ₹6,462 million in August 2025. The company attributes this rise to continued traffic growth and a tariff revision implemented at the beginning of the fiscal year 2027. The disclosure also detailed project-specific revenues, highlighting the commencement of toll collections from new projects including IRB Harihara Corridors (January 23, 2026), IRB Chandibhadra Tollway (April 1, 2026), and Meerut Budaun Expressway (May 17, 2026). In other developments, the company is preparing for its 28th Annual General Meeting (AGM) scheduled for September 22, 2026. Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Non-Executive Director Ravindra Dhariwal. Shareholders will also vote on the remuneration for the cost auditor, Joshi Apte & Associates, for the 2026-27 fiscal year. The company has also submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, detailing its paid-up capital of ₹6,039 million, turnover of ₹78,539.82 million, and net worth of ₹209,487.76 million, alongside investments in sustainability initiatives.

- On September 9, 2026, IRB Infrastructure Developers Limited announced gross toll revenue of ₹8,074 million for August 2026, an increase of approximately 25% from ₹6,462 million in August 2025.
- New toll collections began for IRB Harihara Corridors (January 23, 2026), IRB Chandibhadra Tollway (April 1, 2026), and Meerut Budaun Expressway (May 17, 2026).
- The 28th Annual General Meeting is scheduled for September 22, 2026, with a voting cut-off date of September 15, 2026.
- The AGM agenda includes adopting financial statements for the year ended March 31, 2026, and re-appointing Non-Executive Director Ravindra Dhariwal.
- The Business Responsibility and Sustainability Report for FY 2025-26, filed on August 27, 2026, shows a paid-up capital of ₹6,039 million and a turnover of ₹78,539.82 million.

- IRB Infrastructure Developers Limited has informed the Exchange regarding 'project wise toll revenue for the month of August 2026'. |SUBJECT: Updates
- IRB|IRB INFRASTRUCTURE DEVELOPERS LIMITED|Original|Regulation 7 (2)|IT_2724_WebXMLFile_20260902_201334333.xml|IT_2724_20260902_201334367_WEB.html|11373|35358|-
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Advertisement regarding notice of 28th Annual General Meeting and E-voting and other related information. |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange regarding 'Intimation of Schedule of analysts/ Institutional Meeting'. |SUBJECT: Updates
- IRB Infrastructure Developers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 22, 2026 |SUBJECT: Shareholders meeting
- IRB Infrastructure Developers Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 22-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- IRB Infrastructure Developers Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the Financial Year 2025-26'. |SUBJECT: Updates
- IRB Infrastructure Developers Limited has informed the Exchange regarding 'Dispatch of letters to the members providing a weblink along with exact path, to access the Annual Report of the Company for the FY 2025-26 in compliance with Reg 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. |SUBJECT: Updates
- IRB Infrastructure Developers Limited has informed the Exchange that the Board of Directors has approved investment in the units of IRB InvIT Fund through subscription in a preferential issue |SUBJECT: Acquisition

### Fundamentals

IRB Infrastructure Developers reported revenue from operations of ₹2,137.27 crore in Q1 FY2026-27. This represents an increase from ₹1,927 crore in Q4 FY2025-26 and ₹1,871.17 crore in Q3 FY2025-26. Profit Before Tax (PBT) also showed an upward trend, reaching ₹416.55 crore in Q1 FY2026-27, compared to ₹405.61 crore in Q4 FY2025-26 and ₹295.01 crore in Q3 FY2025-26. Finance costs were ₹438.02 crore in Q1 FY2026-27, a slight increase from ₹405.77 crore in Q4 FY2025-26, but lower than ₹436.42 crore in Q3 FY2025-26. The company's operating performance appears to be growing sequentially, with revenue and PBT increasing in the most recent reported quarter.

- Revenue from operations for Q1 FY2026-27 was ₹2,137.27 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹416.55 crore.
- Finance Costs in Q1 FY2026-27 stood at ₹438.02 crore.
- Sequential increase in Revenue From Operations from Q3 FY2025-26 (₹1,871.17 crore) to Q1 FY2026-27 (₹2,137.27 crore).
- Sequential increase in Profit Before Tax from Q3 FY2025-26 (₹295.01 crore) to Q1 FY2026-27 (₹416.55 crore).

### Bull Case

IRB Infrastructure Developers' technical indicators show a mixed trend across different timeframes as of September 18, 2026. While the daily Supertrend indicator is 'bullish' at 18.43, suggesting potential upward momentum, the weekly Supertrend is 'bearish' at 22.29. The daily chart shows the closing price at ₹18.48, slightly below the 20-day Exponential Moving Average (EMA) of ₹19.23 and the 50-day EMA of ₹19.60, with negative slopes on these averages indicating a recent downtrend. However, the monthly trend exhibits a 'bullish' Supertrend at 11.53, with the closing price above this level. The Average Directional Index (ADX) on the daily chart is 21.13, suggesting a moderately trending market, while the monthly ADX is higher at 28.96, indicating a stronger trend on that timeframe. Support is noted at ₹18.38, with immediate resistance levels identified around ₹18.59 and ₹18.72.

- Daily Supertrend indicator is bullish (18.43) as of September 18, 2026.
- Monthly Supertrend indicator is bullish (11.53) as of September 18, 2026.
- Daily closing price is ₹18.48, with immediate support at ₹18.38 and resistance at ₹18.59.
- Weekly Supertrend indicator is bearish (22.29) as of September 18, 2026.

### Bear Case

IRB Infrastructure Developers' recent performance shows a weakening trend across multiple timeframes. The stock has experienced negative returns over various periods, including a 16% decline over the past year and a 12% decrease year-to-date. Technical indicators suggest a shift in momentum, with the weekly trend exhibiting a bearish Supertrend signal and declining moving averages. The current price of ₹18.48 is below its 20-day and 50-day simple and exponential moving averages, indicating potential short-term weakness. Furthermore, the stock is trading near its immediate resistance levels, with the closest at ₹18.59, just 0.6% above the current price.

- The stock has seen a 1-year return of -16% and a year-to-date return of -12% as of 2026-09-18.
- The weekly trend analysis indicates a bearish Supertrend signal with a value of 22.29.
- The current closing price of ₹18.48 is below the 20-day EMA (19.23) and 50-day EMA (19.60).
- The nearest resistance level is identified at ₹18.59, which is 0.6% above the current price.

### FAQs

**How did IRB Infrastructure Developers' gross toll revenue perform in August 2026 compared to the previous year?**

For August 2026, IRB Infrastructure Developers reported gross toll revenue of ₹8,074 million. This represents an increase of approximately 25% compared to the ₹6,462 million reported in August 2025. The company attributed this growth to sustained traffic increases and a tariff revision at the beginning of the fiscal year 2027.

**What is the recent technical trend for IRB Infrastructure Developers based on daily and weekly indicators as of September 18, 2026?**

On a daily basis, as of September 18, 2026, the stock's closing price was ₹18.48, with the Supertrend indicator showing a 'bullish' direction. However, the 20-day and 50-day Simple Moving Averages (SMA) show a downward slope over the last 5 days, indicating some short-term weakness. On a weekly basis, the Supertrend indicator is 'bearish', and the 20-day and 50-day Exponential Moving Averages (EMA) also show a downward slope over the last 5 days, suggesting a weaker trend over a longer timeframe.

**What are the key dates and details for IRB Infrastructure Developers' 28th Annual General Meeting (AGM)?**

The 28th Annual General Meeting for IRB Infrastructure Developers is scheduled for September 22, 2026, at 11:30 AM and will be conducted via video conferencing. The cut-off date for determining eligibility to vote is September 15, 2026. The remote e-voting period will be open from September 17 to September 21, 2026.

**What has been the stock's performance over the past year and year-to-date as of September 18, 2026?**

As of September 18, 2026, IRB Infrastructure Developers' stock has experienced a decline of 16% over the past year and a 12% decline year-to-date.

- IRB Infrastructure Developers Limited has informed the Exchange regarding 'project wise toll revenue for the month of August 2026'. |SUBJECT: Updates
- IRB|IRB INFRASTRUCTURE DEVELOPERS LIMITED|Original|Regulation 7 (2)|IT_2724_WebXMLFile_20260902_201334333.xml|IT_2724_20260902_201334367_WEB.html|11373|35358|-
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Advertisement regarding notice of 28th Annual General Meeting and E-voting and other related information. |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- IRB Infrastructure Developers Limited has informed the Exchange regarding 'Intimation of Schedule of analysts/ Institutional Meeting'. |SUBJECT: Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹18.93
- Risk regime: Higher Price Risk

### Support levels
- 18.38

### Resistance levels
- 20.6
- 22.465
- 23.3

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.96% |
| return_10 | -6.05% |
| return_1m | -2.89% |
| return_1y | -16.17% |
| return_20 | -2.48% |
| return_3m | -13.73% |
| return_5 | -7.18% |
| return_6m | -11.52% |
| return_since_start | -37.92% |
| return_ytd | -12.33% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -38.72% |
| annualized_volatility | +29.97% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Before Tax Rises 45% Year-on-Year on Higher Operating Earnings and Lower Finance Costs

IRB Infrastructure Developers Limited reported profit before tax of ₹416.55 crore for the first quarter of FY2026‑27, a 45% increase from ₹286.39 crore in the same quarter last year. This large gain came despite a modest 1.8% rise in revenue to ₹2,137.27 crore. The improvement was driven by higher EBIT and a reduction in finance costs compared to a year earlier. Compared to the previous quarter, revenue grew 10.9%, but profit before tax rose only 2.7% as finance costs increased sequentially.

## Revenue and Profit Trends

Revenue from operations was ₹2,137.27 crore, up 1.8% from ₹2,098.97 crore a year earlier and up 10.9% from ₹1,927 crore in the preceding quarter. While year‑on‑year growth was modest, the sequential increase was notably larger.

Profit before tax reached ₹416.55 crore, a 45.4% rise from ₹286.39 crore in Q1 FY2025‑26. Sequentially, profit before tax grew 2.7% from ₹405.61 crore. The year‑on‑year profit gain far outstripped revenue growth, signalling a sharp improvement in the relationship between earnings and revenue.

## Operating Earnings

To assess operating performance, EBIT (earnings before interest and tax) can be approximated by adding back finance costs to profit before tax—a measure that includes other income. EBIT for Q1 FY2026‑27 was ₹854.57 crore (₹416.55 + ₹438.02), compared with ₹748.39 crore (₹286.39 + ₹462) a year ago, a 14.2% increase. Because EBIT grew faster than revenue, the EBIT margin widened appreciably—from 35.7% to 40.0%—indicating a higher profit retention per rupee of revenue this quarter relative to the prior‑year period.

On a sequential basis, EBIT moved from ₹811.38 crore (₹405.61 + ₹405.77) to ₹854.57 crore, a 5.3% increase. Revenue, however, grew faster (10.9%), so the EBIT margin narrowed from 42.1% to 40.0% quarter‑on‑quarter.

## Finance Costs

Finance costs were ₹438.02 crore, down 5.2% from ₹462 crore a year earlier. This decline contributed to the strong year‑on‑year profit before tax growth. Sequentially, finance costs rose 7.9% from ₹405.77 crore in the previous quarter, which partially offset the operating improvement and kept sequential profit growth modest. Finance costs remained high in absolute terms, exceeding profit before tax for the quarter.

## Key Takeaway

The first quarter of FY2026‑27 delivered a substantial year‑on‑year profit increase, underpinned by higher EBIT and lower finance costs despite only marginal revenue growth. Sequentially, the picture was more mixed: strong revenue growth was accompanied by limited profit expansion as finance costs rose. The scale of finance costs relative to standalone earnings remains a prominent feature of the company’s income statement.

### Ratios

## Official filings

- 2026-09-09 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_09092026170611_IRBIDL_disclosure_Toll_Revenue_August_2026sd.pdf)
- 2026-09-02 — Official Filing: IRB INFRASTRUCTURE DEVELOPERS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_2724_WebXMLFile_20260902_201334333.xml)
- 2026-08-28 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_28082026153621_IRBIDL-Intimation_Newspaper_advertisement_28082026.pdf)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_27082026150835_Newspaper_Advertisementsd.pdf)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_27082026150046_IRBIDL_Investor_Conf_01092026sd.pdf)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_27082026182626_IRBIDL-_Notice_and_AR_27082026.pdf)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2724_WebXMLFile_20260827_184239958.xml)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_27082026185253_BRSR_Intimationsd.pdf)
- 2026-08-27 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_27082026190135_IRBIDL_Letter_36_1__b_.pdf)
- 2026-08-26 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_26082026163407_IRBIDL_Outcome_Investment_in_units_of_IRB_InvIT_Fund.pdf)
- 2026-08-26 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_26082026164245_IRBIDL_Outcome_Scheme_of_Amalgamation.pdf)
- 2026-08-26 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_26082026164913_IRBIDL_Outcome_Notice_of_AGM_and_Continuation_of_appointment.pdf)
- 2026-08-26 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2724_WebXMLFile_20260826_171124281.xml)
- 2026-08-26 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2724_WebXMLFile_20260826_171346253.xml)
- 2026-08-26 — Annual Report: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30734_IRB_2025_2026_A_21769756_27082026184112.pdf)
- 2026-08-14 — Generic Announcement: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_14082026170628_IRBIDL_Investor_Conf_190826sd.pdf)
- 2026-08-10 — Press Release: IRB Infrastructure Developers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_10082026164424_IRBIDLdisclosureTollRevenueJuly_2026sd.pdf)
- 2026-08-06 — Generic Announcement: IRB Infrastructure Developers Limited has made the transcript of its earnings call held on July 30, 2026, available on the company's website, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made on August 6, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_06082026161517_Intimation_of_Transcript_of_IRBIDLsd.pdf)
- 2026-08-03 — Generic Announcement: On August 3, 2026, IRB Infrastructure Developers Limited announced the results of a postal ballot, confirming the passing of an ordinary resolution regarding material related party transactions for the extension of project implementation agreements with 12 Project SPVs of IRB Infrastructure Trust. The resolution was passed with 99.45% of votes in favor from institutional shareholders and 70.31% from non-institutional shareholders, out of the total votes polled. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_03082026192312_Outcome_of_Postal_Ballot_03082026_sd.pdf)
- 2026-07-31 — Generic Announcement: IRB Infrastructure Developers Limited published newspaper advertisements on July 31, 2026, detailing the unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results on July 30, 2026. Key figures for the quarter include total income from operations of ₹2,172.67 crore and a net profit after tax of ₹164.13 crore on a standalone basis. Consolidated figures show total income from operations of ₹7,853.98 crore and a net profit after tax of ₹358.20 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_31072026155900_Newspaper_Advertisement_FR_31072026_SD.pdf)
- 2026-07-30 — Generic Announcement: On July 30, 2026, IRB Infrastructure Developers Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Re. 0.05 per equity share. The record date for the dividend is August 5, 2026, with payment expected by August 28, 2026. The company reported a 51% year-over-year increase in net profit for Q1FY27, reaching Rs. 306 crore, with total income at Rs. 2,173 crore and toll revenue up 14% to Rs. 733 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_30072026133544_IRBIDL_Outcome_of_Board_Meeting_SD.pdf)
- 2026-07-30 — Generic Announcement: On July 30, 2026, IRB Infrastructure Developers Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Re. 0.05 per equity share. The record date for the dividend is August 5, 2026, with payment expected by August 28, 2026. The company reported a 51% year-over-year increase in net profit for Q1FY27, reaching Rs. 306 crore, with total income at Rs. 2,173 crore and toll revenue up 14% to Rs. 733 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_30072026133230_IRBIDL_Outcome_of_Board_Meeting_SD.pdf)
- 2026-07-30 — Generic Announcement: IRB Infrastructure Developers Limited has uploaded its Corporate Presentation for the quarter ended June 30, 2026, to the company's website on July 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_30072026142752_Corporate_presentation300726_sd.pdf)
- 2026-07-30 — Generic Announcement: On July 30, 2026, IRB Infrastructure Developers Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Re. 0.05 per equity share. The record date for the dividend is August 5, 2026, with payment expected by August 28, 2026. The company reported a 51% year-over-year increase in net profit for Q1FY27, reaching Rs. 306 crore, with total income at Rs. 2,173 crore and toll revenue up 14% to Rs. 733 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_30072026133006_IRBIDL_Outcome_of_Board_Meeting_SD.pdf)
- 2026-07-30 — Generic Announcement: IRB Infrastructure Developers Ltd. has made the audio recording of its Q1 FY27 earnings call, held on July 30, 2026, available on the company's website, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/IRB_30072026174835_Audio_recording_of_earnings_call_30072026sd.pdf)

## News and market events

- 2026-09-10 — FREEPRESSJOURNAL.IN: **IRB Infra Toll Revenue Jumps 25% To ₹807 Crore, Shares Surge 8% Before Paring Gains** — IRB Infra shares jumped 8 percent after August toll collections rose 25 percent to Rs 807 crore; the stock later traded 2.88 percent higher at Rs 19.62 at 12.30 pm, amid brisk turnover in Thursday trading. — [Source](https://www.freepressjournal.in/business/irb-infra-toll-revenue-jumps-25-to-807-crore-shares-surge-8-before-paring-gains)
- 2026-09-10 — Economic Times: **IRB Infrastructure shares rally 8% as August toll revenue surges 25% YoY to Rs 807 crore** — Shares of IRB Infrastructure Developers surged up to 8% after the company reported a 25% YoY rise in toll revenue to Rs 807 crore in August 2026, supported by strong traffic growth and tariff revisions. Key projects, including the Mumbai-Pune Expressway and Ahmedabad-Vadodara Expressway, also recorded healthy revenue growth, offering a positive operational trigger for the stock. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/irb-infrastructure-shares-rally-8-as-august-toll-revenue-surges-25-yoy-to-rs-807-crore/articleshow/133995098.cms)
- 2026-09-10 — CNBC-TV18: **11:11 | Trump promises $5,000 upon midterm victory; oil nears $102; UBS turns cautious on India** — Brent crude nears $102 a barrel as Iran signals an intensified conflict, putting the Strait of Hormuz back in focus. Plus, UBS turns cautious on Indian equities, Trump’s $5,000 dividend pitch, Apple’s AI strategy and more in today’s 11:11 roundup. — [Source](https://www.cnbctv18.com/business/trump-promises-5000-upon-midterm-victory-oil-nears-102-ubs-turns-cautious-on-india-19988117.htm)
- 2026-09-10 — Mint: **IRB Infra share price jumps 7.5% in trade today — what's driving the stock?** — IRB Infrastructure Developers' shares rose 7.5% after reporting a 25% increase in August 2026 toll revenue. The stock has mostly remained stagnant, but long-term growth shows a 127% increase over five years. Strong traffic growth and new assets contributed to this revenue boost. — [Source](https://www.livemint.com/market/stock-market-news/irb-infra-share-price-jumps-7-5-in-trade-today-whats-driving-the-stock-11789017280489.html)
- 2026-09-10 — CNBC-TV18: **IRB Infra, Ola Electric lead Nifty 500 gainers; HEG, Craftsman Automation fall at market open** — Monthly toll revenue data was among the reasons that moved a stock over 5% on the Nifty 500 at market open, while one stock extending its decline toward a fresh 52-week low — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/stocks/irb-infrastructure-ola-electric-nifty-500-gainers-heg-craftsman-automation-sai-life-sciences-share-price-19988093.htm)
- 2026-09-10 — MONEYCONTROL: **Buzzing Stocks: IRB Infra gains 4% on 25% jump in toll revenue; Dilip Buildcon surges 6% on ₹1,800 crore project win** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-irb-infra-gains-4-on-25-jump-in-toll-revenue-dilip-buildcon-surges-6-on-1-800-crore-project-win-14026756.html)
- 2026-09-10 — CNBC-TV18: **Buzzing Stocks: Three Smallcap names seeing the biggest gains to newsflow on Thursday** — Shares of all three companies - IRB Infra, Dilip Buildcon and Shakti Pumps saw declines in the months of July and August and all three of them are also still down on a year-to-date basis. — [Source](https://www.cnbctv18.com/market/buzzing-stocks-three-smallcap-names-seeing-the-biggest-gains-to-newsflow-on-thursday-19988145.htm)
- 2026-09-10 — CNBC-TV18: **IRB Infra shares in focus after 25% growth in August toll revenue from last year** — There were a total of eight assets in the IRB InvIT Fund (Public InvIT) segment and six of them reported an increase in revenue in August. — [Source](https://www.cnbctv18.com/market/irb-infrastructure-developers-share-price-august-toll-revenue-increase-subsidiaries-festive-season-outlook-traffic-19988055.htm)
- 2026-09-09 — Mint: **Top stocks in focus tomorrow: Investors must watch Coal India, Shakti Pumps, Wipro shares on Thu, 10 Sept | Triggers** — On September 9, Indian stock market investors are centering on firms like Dilip Buildcon, Wipro and AU Small Finance Bank due to key orders and approvals.  — [Source](https://www.livemint.com/market/top-stocks-in-focus-tomorrow-investors-must-watch-coal-india-shakti-pumps-wipro-shares-on-thu-10-sept-triggers-11788964212253.html)
- 2026-09-09 — CNBC-TV18: **Stocks to Watch for September 10: Wipro, Coal India, IRB Infrastructure and more** — From Hindustan Zinc signing a six-year transportation contract with MFL India to deploy 30 electric trucks, to Wipro and CrowdStrike launching a cybersecurity command centre, here are the stocks to watch ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-september-10-wipro-coal-india-irb-infrastructure-and-more-19987680.htm)
- 2026-09-09 — CNBC-TV18: **IRB Infrastructure Developers' toll revenue surges 25% to ₹807 crore in August** — Shares of IRB Infrastructure Developers Limited ended at ₹19.07, down by ₹0.18, or 0.94%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/irb-infrastructure-developers-share-price-toll-revenue-surges-25-to-rs-807-crore-in-august-19987721.htm)
- 2026-08-27 — Mint: **Stocks to watch: Jio Financial Services, BEL, Tata Power among shares to be in focus today. Details here** — Stock market today: Gift Nifty was trading near the 24,358.5 mark, down over 70 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-jio-financial-services-bel-tata-power-among-shares-to-be-in-focus-today-details-here-11787796939759.html)
- 2026-08-27 — BUSINESSTODAY: **Top stocks in news: ICICI Pru AMC, Vedanta, BEL, Aye Finance, IRB Infra, Foseco, Juniper Green, PFC** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch,  CICI Prudential AMC, Vedanta, Bharat Electronics, Aye Finance, IRB Infra, Foseco India, Juniper Green Energy, Power Finance Corporation, PFC, DOMS Industries, IRB Infrastructure Developers, Max Healthcare Institute, Fino Payments Bank, GK Energy — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-icici-pru-amc-vedanta-bel-aye-finance-irb-infra-foseco-juniper-green-pfc-551633-2026-08-27)
- 2026-08-26 — CNBC-TV18: **IRB Infrastructure to invest up to ₹351 crore in IRB InvIT as trust looks to buy two highway assets** — IRB Infrastructure will subscribe to up to 5.4 crore units of IRB InvIT at ₹65 apiece, with the money helping the trust fund the acquisition of two project companies. — [Source](https://www.cnbctv18.com/business/companies/irb-infra-board-approves-investment-of-up-to-rs351-crore-in-irb-invit-fund-19977712.htm)
- 2026-08-11 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty fall as crude oil prices weigh on investor sentiment** — Sensex, Nifty, Share Prices Live: Indian equities opened lower on Tuesday as elevated crude prices and Strait of Hormuz concerns weighed on sentiment. The decline came despite stronger corporate earnings and renewed foreign buying, with investors also tracking Adani stocks and the Nifty 50 reshuffle. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-11-august-2026/article71328121.ece)
- 2026-08-03 — BUSINESSTODAY: **Penny stock to buy: Analysts see upto 45% upside in Rs 20 share; check fresh target prices** — IRB Infra share price, IRB Infrastructure Developers, IRB Infra target price, IRB Infra Q1 results, IRB Infra share target, Penny stock to buy, Penny stock under Rs 20, Infrastructure stocks, Road toll stocks, IRB Infra news, Toll collection company, HDFC Securities IRB, Motilal Oswal IRB, Anand Rathi IRB, Infra stocks to buy, Stock market news today, Best penny stocks, Highway infrastructure stocks, Toll revenue growth, InvIT monetisation — [Source](https://www.businesstoday.in/markets/stocks/story/penny-stock-to-buy-analysts-see-upto-45-upside-in-rs-20-share-check-fresh-target-prices-546221-2026-08-03)
- 2026-07-31 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty extends gains to 100 pts; PSU banks off lows** — Sensex Today | Stock Market Live Updates: We are the last half the week's trade, and the Indian markets are trading on a cautious note. The Nifty is looking to close the week in green, and is trading around 24,300. The Nifty Bank is trying to hold it together, now up around 100 points, moving around 57,250. TCS, Infosys and Wipro are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-infosys-banks-tata-steel-swiggy-sun-pharma-mdl-bajaj-fin-share-price-liveblog-19958369.htm)
- 2026-07-31 — CNBC-TV18: **Q1 Results LIVE Updates: Hyundai Motor India shares rise over up 9%; ITC, Maruti report today** — Q1 Results LIVE Updates: Four Nifty companies, ITC, Maruti Suzuki, Sun Pharma and Bajaj Finserv report results today to round off this week dominated by earnings. Broader market names like Dixon Tech, Indian Oil, Glenmark Pharma, GMDC, ABB India, SJVN, GAIL and NALCO among many others will also be reporting their results. The big result reactions of the day include the likes of Swiggy, Mazagon Dock, Thermax, Bajaj Finance's earnings call and upgrades among others. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sun-pharma-itc-maruti-suzuki-bajaj-finserv-tata-steel-swiggy-share-price-liveblog-19958383.htm)
- 2026-07-30 — CNBC-TV18: **IRB Infrastructure gains after Q1 profit jumps 51%, toll revenue rises 14%** — IRB Infra's Chairman and Managing Director Virendra D. Mhaiskar said the company is navigating global economic challenges on the back of its ₹94,000 crore asset portfolio and growing toll revenues, adding that its B.E.S.T. strategy remains on track. — [Source](https://www.cnbctv18.com/market/irb-infrastructure-developers-share-price-q1-results-net-profit-revenue-ebitda-margin-19957734.htm)
- 2026-07-30 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty trade flat; IT stocks outperform in cautious market** — Sensex, Nifty, Stock Price Live Updates: Indian benchmark indices traded in a narrow range on Thursday, with gains in IT stocks led by Persistent Systems, Wipro and Coforge helping offset global uncertainty over the Fed, elevated crude oil prices and geopolitical tensions in West Asia, while investors remained focused on Q1 earnings. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-30th-july-2026/article71281731.ece)
- 2026-07-30 — The Hindu: **Q1 Results Today Live: M&M, Gillette Q1 profit rise, Westlife profit falls, Bajaj Finance, Tata Steel, Vedanta, Torrent Pharma, Hyundai Motor, IRFC, Swiggy, NSDL to announce Q1 results** — Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bajaj-finance-mampm-tata-steel-swiggy-awl-agri-torrent-pharma-hyundai-motor-irfc-mankind-vedanta-gillette-mazagon-thermax-ajanta-nuvama-nsdl-niva-bupa-results-30-july-202/article71280963.ece)

## Business profile

**Strategic vision:** Develops, constructs, operates, and maintains road and highway infrastructure.

### Business segments
- **Road and Highway Development:** Focuses on the development, construction, operation, and maintenance of road and highway projects through BOT, TOT, and HAM models.
- **Infrastructure Investment Trust Management:** Sponsors and manages IRB Infrastructure Trust (InvIT), facilitating asset monetization and capital reinvestment for new opportunities.

### Competitive strengths
- Experience in executing pioneering highway projects in India.
- Integrated approach covering development, construction, operation, and maintenance.
- Strategic use of Infrastructure Investment Trusts for asset management.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/irb
Markdown representation: https://faxioms.com/stocks/irb?render=md