Name: Latest research reports of IRB Infrastructure Developers Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: IRB Infrastructure Developers Ltd.
Rating: 3
Author: Motilal Oswal

In-line performance; order pipeline remains robust

Neutral: IRB Infrastructure Develop...

Target

Motilal Oswal

IRB Infrastructure (IRB)’s revenue grew 27% YoY to INR20.6b in 4QFY24 (in
line). EBITDA margin came in at 43.2% (down 370bp YoY, below our estimate
of 45%). EBITDA grew 17% YoY to INR8.9b, in line with our estimate