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.

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IRB Infrastructure Developers Ltd.

14 Feb 2018

44.66

-1.02%

What to watch: IRB Infra: Gets funds for Rajasthan project

Business Line

IRB Infrastructure said its special purpose vehicle, KG Tollway Pvt Ltd, has achieved financial closure for the 1,526-crore highway BOT project in Rajasthan. While 1,020 crore has been tied up at

Promoters pledged 0.03% of shares in last quarter. Total pledge stands at 55.45% of promoter holdings

IRB Infrastructure Developers Ltd.

08 Feb 2018, 08:45AM

44.66

-1.02%

IRB Infrastructure Developers (3QFY18): Robust performance. Maintain BUY

Buy: IRB Infrastructure Develop...

Target

HDFC Securities

Maintain BUY with SOTP of Rs 274/sh. IRBs 3QFY18 Revenue, EBIDTA and PAT were 1.9/5.4/21.7% ahead of our estimates. BOT revenue (ex 7 BOTs which got transferred to IRB InvIT) grew 18.8% YoY after adjusting for demonit toll stoppage of 23 days and excluding new projects post 3QFY17.

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

IRB Infrastructure Developers Ltd.

08 Feb 2018, 12:00AM

44.66

-1.02%

IRB Infrastructure

Hold: IRB Infrastructure Develop...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research IRB Infrastructure's (IRB) topline de-grew 8.1% YoY to | 1296.2 crore and was below our estimate of | 1335.5 crore on account of sharp drop in toll revenues. With 7 BOT assets transferred to InVIT, the toll revenues declined 24.2% YoY to | 459.7 crore (our estimate: | 410.5...

IRB Infrastructure Developers Ltd.'s price crossed above 50Day SMA today

IRB Infrastructure Developers Ltd.

07 Feb 2018, 09:47PM

44.66

-1.02%

IRB Infra posts 207-cr profit

Business Line

Toll road builder IRB Infrastructure Developers has posted a net profit of 207 crore in the third quarter ended December 31, a 12.5 per cent rise from 184 crore recorded during the same period a

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

IRB Infrastructure Developers Ltd.

07 Feb 2018, 12:00AM

44.66

-1.02%

IRB Infrastructure : Operational results below expectations led by weak EPC performance

Neutral: IRB Infrastructure Develop...

Target

Motilal Oswal

IRB's revenue declined 8% YoY to INR11.2b, below our estimate of INR13.7b, due to weaker-than-estimated EPC revenue. Operating profit stood at INR6.7b (-9.0% YoY), below our estimate of INR7.1b. Operating margin shrunk 70bpYoY to 52% due to an adverse revenue mix (higher contribution from the low-margin construction business). Adj. profit of INR2.5b was meaningfully above our estimate of INR1.6b, led by lower-than-estimated interest cost and higher-than-estimated other income

IRB Infrastructure Developers Ltd.'s price crossed above 50Day SMA today

IRB Infrastructure Developers Ltd.

28 Jan 2018

44.66

-1.02%

IRB Infra

Buy: IRB Infrastructure Develop...

Sharekhan

wins improves its book bill to ratio to 2.5x its Trailing Twelve Month (TTM) construction revenue from 1.85x at the end of Q3FY2018. These order wins come at a stitch in time as its book to bill ratio was at a three year's low. This in turn had cast a doubt on its construction segment revenue growth outlook. IRB now stands successful in reviving growth in its...

IRB Infrastructure Developers Ltd. is trading below all available SMAs

IRB Infrastructure Developers Ltd.

07 Dec 2017, 04:57PM

44.66

-1.02%

IRB Infra hits 11 month low in intra-day trade after CBI files chargesheet against the company

Business Today

IRB Infrastructure drops over 2.3% today after CBI filed chargesheet against the senior officials of the company and its subsidiary - Aryan Infrastructure Investments Private Ltd.

IRB Infrastructure Developers Ltd. has lost -32.38% in the last 1 Year

IRB Infra slides as CBI files chargesheet

Business Line | 07 Dec 2017, 03:23PM

IRB Infrastructure Developers Ltd.

09 Nov 2017

44.66

-1.02%

IRB Infrastructure

Hold: IRB Infrastructure Develop...

Target

ICICI Securities Limited

IRB Infrastructure's (IRB) topline de-grew 13.0% YoY to | 1122.7 crore (our estimate: | 1336.7 crore) due to sharp drop in toll revenues as seven BOT assets were transferred to InVIT EBITDA margins declined sharply by 395 bps YoY to 51.0% (our estimate: 47.0%) due to higher proportion of revenues from low margin construction division (66.8% in Q2FY18 vs 56.5% in Q2FY17) PAT grew robustly by 65.0% YoY to | 234.7 crore (our estimate: | 195.8 crore) due to higher other income (| 146.5 crore in Q2FY18...

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

IRB Infrastructure Developers Ltd.

09 Nov 2017

44.66

-1.02%

IRB Infra

Buy: IRB Infrastructure Develop...

Kotak Securities

Revenues of the company for Q2FY18 were slightly lower than our estimates due to lower than expected toll revenues. BOT revenues are not comparable due to transfer of assets to InVIT. Consolidated operating margins witnessed an improvement due to higher other income accrued in the EPC/BOT segment owing to transfer of projects to InVIT as well as dividend income from InVIT. Net profit performance stood ahead of our estimates led by fall in interest expense and higher other income despite higher tax rate for the quarter....

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

IRB Infrastructure Developers Ltd.

08 Nov 2017

44.66

-1.02%

IRB Infrastructure Developers (2QFY18): Recovery awaited. Maintain BUY

Buy: IRB Infrastructure Develop...

Target

HDFC Securities

Maintain BUY with SOTP of Rs 270/sh. IRBs 2QFY18 revenue, EBIDTA and PAT were (15.7)/ (7.5)/9.1% ahead/ (below) our estimates. BOT revenue (ex-6 BOTs, which were transferred to IRB InvIT) de-grew 33.8% YoY. EBITDA margins contracted ~395bps YoY, owing to higher EPC revenue share (70% rev share vs 57% YoY). The EPC segment has lower EBIDTA margins vs BOT.