IRB Infrastructure Developers Ltd. News and Updates

Name: Latest research reports of IRB Infrastructure Developers Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: IRB Infrastructure Developers Ltd.
Rating: 5
Author: HDFC Securities

Keep track of all breaking news on IRB Infrastructure Developers Ltd. from all sources in a single place.

Load latest

IRB Infrastructure Developers Ltd.

15 Feb 2020

51.05

3.51%

IRB Infrastructure Developers (3QFY20): EPC revenues drive performance. Maintain BUY

Buy: IRB Infrastructure Develop...

HDFC Securities

The company has received approvals from NHAI, lenders and SEBI for the IRB-GIC deal and is expecting to receive the proceeds during this quarter. The proceeds from this deal should help IRB meet its equity infusion requirement of ~Rs 28bn in under implementation projects. IRB will also leverage this partnership to bid for upcoming BOT and TOT projects, though it will have to bring in 51% of equity under such agreements. Securing Mumbai Pune expressway TOT project will provide further fillip to the revenues from toll collections. We maintain BUY. Key risks (1) Sustainability of toll revenue collection rate in the BOT portfolio, (2) Market acceptability for BOT projects IRB delivered in-line revenue with EBITDA/APAT beat of 9%/17%. IRB-GIC deal is expected to conclude during 4QFY20 with all the approvals in place. We maintain BUY with an SOTP based TP of Rs 172/Sh.

IRB Infrastructure Developers Ltd. is trading above its 100 day SMA of 49.4

IRB Infrastructure Developers Ltd.

15 Feb 2020, 01:59PM

51.05

3.51%

IRB Infrastructure reports weak Q3 numbers; key highlights of concall

Moneycontrol

Total income for the quarter declined to Rs 1,790.17 crore as against Rs 1,835.02 crore and total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore, YoY.

IRB Infrastructure Developers Ltd. is trading above its 100 day SMA of 49.4

IRB Infra Q3 PAT down 27% at Rs 160cr

Moneycontrol | 14 Feb 2020, 07:20PM 1 more

IRB Infrastructure Developers Ltd.

15 Feb 2020, 12:00AM

51.05

3.51%

Mumbai-Pune expressway homecoming provides a lifeline

Neutral: IRB Infrastructure Develop...

Target

Motilal Oswal

The Mumbai-Pune project can change the fortunes of the company, given the annual toll collection potential of INR10b+. While a few details of the bid and the final awarding are still awaited, we believe the project can generate IRRs of 20%+ for IRB. announcing the second InvIT with GIC and (2) emergence as a winner in Mumbai-Pune project award, in a timely manner and that too as a sole bidder. We await final awarding of the project (recall that the project was scrapped earlier, but management suggested that rules do allow for awarding on second attempt if there is sole bidder) before incorporating it in our earnings. revenue declined 2.6% YoY to INR17b. EBITDA declined 6% YoY to INR7.1b and was 8% ahead of our estimate on account of higher margins. PAT came in at INR1.6b (-27% YoY) and was 12% below our estimate. Construction revenue grew 10% YoY to INR13.

IRB Infrastructure Developers Ltd. is trading below its 200 day SMA of 54.0

IRB Infrastructure Developers Ltd.

12 Feb 2020

51.05

3.51%

IRB Infra commissions Goa-Karnataka border highway project

Business Line

IRB Infrastructure Developers on Wednesday said it has commissioned its Goa/Karnataka Border Kundapur four laning highway project, built at a cost

IRB Infrastructure Developers Ltd. has gained 13.14% in the last 1 Week

IRB Infrastructure Developers Ltd.

11 Feb 2020

51.05

3.51%

IRB Infra falls 1% despite likely winning of Mumbai-Pune Expressway contract again

Moneycontrol

IRB Infrastructure told CNBC-TV18 that it has bid for project and would await final outcome.

IRB Infrastructure Developers Ltd. has gained 13.14% in the last 1 Week

IRB Infrastructure Developers Ltd.

17 Dec 2019

51.05

3.51%

GIC entends Rs 750 crore interim loan to IRB Infra

Economic Times

GIC and IRB are likely to close the Rs 4,400 crore deal in the next two months.

IRB Infrastructure Developers Ltd. is trading above its 100 day SMA of 49.4

IRB Infrastructure Developers Ltd.

25 Nov 2019

51.05

3.51%

Buy IRB Infrastructure Developers target of Rs 105: Sharekhan

Moneycontrol

Sharekhan is bullish on IRB Infrastructure Developers has recommended buy rating on the stock with a target price of Rs 105 in its research report dated November 19, 2019.

Number of MF schemes increased from 20 to 27 in Mar 2025 qtr.

IRB Infrastructure Developers Ltd.

22 Nov 2019

51.05

3.51%

IRB Infrastructure Developers (85.3): Buy

Business Line

The stock of IRB Infrastructure Developers surged 12.2 per cent accompanied by extraordinary volume, breaking above a key resistance at 80 on Thursda

IRB Infrastructure Developers Ltd. is trading above its 100 day SMA of 49.4

IRB Infrastructure Developers Ltd.

19 Nov 2019

51.05

3.51%

IRB Infra

Buy: IRB Infrastructure Develop...

Target

Sharekhan

IRB Infrastructure's (IRB) consolidated net profit grew by 15.7% y-o-y for Q2FY2020, led by strong execution along with lower ETR. Construction revenue reported 43% y-o-y rise, led by strong execution in Agra Etawah and Hapur Moradabad projects. However, BOT revenue declined by 16% y-o-y on account of handover of key project and muted traffic growth across projects barring couple of projects. OPM contracted by 413 BPS y-o-y on account of higher construction revenue booking (although construction segment's OPM improved...

Number of FII/FPI investors decreased from 216 to 209 in Mar 2025 qtr

IRB Infrastructure Developers Ltd.

31 Oct 2019

51.05

3.51%

IRB Infra faces headwinds even as robust execution supports revenue growth

livemint

IRB's 22.3% jump in net revenue from the year-ago period came mainly from the EPC segment .At present, IRB's order book of about 11,000 crore is equivalent to 1.9 times the annual EPC revenue

IRB Infrastructure Developers Ltd. is trading below its 200 day SMA of 54.0

Is IRB Infrastructure Developers Ltd. worth buying?

902 Votes:

Buy 81.26%

Sell 7.21%

Hold 11.53%

34.68% Fall from 52W High

IRB Infrastructure Developers Ltd. News and Updates

Keep track of all breaking news on IRB Infrastructure Developers Ltd. from all sources in a single place.