Hi, in this article we are discussing IRB Infra share price target from 2024 to 2030 based on its fundamental analysis.
To understand IRB Infra share price future prediction we are using its balance sheet, PNL, and cash flow statement to know its financial health. By reading this article you will get a clear picture of IRB Infra share price target based on its fundamentals and plans.
Overview of IRB Infra
IRB Infrastructure Developers Ltd. Is a leading Indian infrastructure developer, primarily focused on roads and Highway projects, Which was incorporated in 1998 by Virendra Dattatreya Mhaiskar. And the headquarter is located in Mumbai Maharashtra.
IRB infra is listed in both NSE and BSE.
The company executed India’s first ever built-operate-transport (BOT) Road project, the Thane Bhivandi bypass in 2000.
The management team of the IRB Infra.
Mr. Sudhir Hoshing ( CEO, execution): Extensive experience in project management and construction supervision.
Dhananjay Joshi( CEO, Corporate): Who has more than 20 years of experience in Corporate Affairs, legal and secretarial matters.
Tushar Kawedia ( Group chief finance officer): Who is a chartered accountant with over 11 years of experience in finance and taxation.
Mehul Patel ( President, Corporate Affairs, and group company secretary): He has experience in legal and secretarial practice.
Business areas of IRB Infra
Build operate transfer(BOT): The company builds operates and maintains Highways.
Engineering procurement and construction projects.
Real estate development.
Operations and maintenance
The company also operates tool operations and collects revenue from vehicles using the highways. and Highway maintenance.
Major projects of IRB Infra
Mumbai Pune Expressway: It is India’s first four-lane Expressway.
Golden Quadrilateral Project: This is a major Highway network connecting India’s four major Metropolises: Delhi, Kolkata Chennai, and Mumbai.
Delhi Meerut Expressway: It is a Six-lane expressway connecting Delhi to Meerut in Uttar Pradesh.
Solapur Osmanabad highway: It is a four-lane highway connecting Solapur and Osmanabad in Maharashtra.
Agra-Etawah Expressway: A six-lane Expressway connecting Agra and Etawah in Uttar Pradesh.
Competitors of IRB Infra
Direct competitors
Larson and Turbo
GMR Infrastructure Limited
Icon International Limited
Indirect competitors
Railways
Ports and shipping
Other infrastructure developers
Fundamentals of IRB Infra
| Sector | Engineering-construction |
| Market Cap | 37502.19 Cr. |
| PE | 104.64 |
| PB | 3.92 |
| Dividend Yield | 0.33% |
| Book Value | 15.20 |
| DEBT | 5823.04 Cr. |
| Cash | 1678.53 Cr. |
| EPS | 0.84 |
| ROCE | 5.81% |
| ROE | 5.62% |
| Sales Growth | 60.04% |
| Profit Growth | 16.41% |
Fundamental analysis of IRB Infra
The PE ratio of IRB Infra is 104.64 which is very high as compared to its sector average PE. The high PE ratio indicates the market is overvaluing the company’s future growth potential significantly.
PB ratio of IRB Infra is 3.92. which is higher than the average PV ratio suggests that the valuation of the company is high right now.
Some major ratio analyses to better understand the financial health of the IRB Infra:
Profitability Ratios:
Earning per Share( EPS): The EPS of IRB Infra is 0.84, indicating higher profitability and potential for shareholder Returns.
Return on Equity( ROE): The ROE of IRB Infra is 5.62% which indicates a decent return on equity.
Return on Assets( ROA): The ROA of IRB Infra is 2.05% which is a bad sign for the future performance of the company.
Liquidity Ratio:
Current Ratio: The current Ratio of IRB Infra is 0.82. It is desirable that the company could be stable to unexpected bumps in the business and economy.
Quick ratio: The quick ratio of IRB Infra is 0.40.
SolvencyRatios:
Debit to Equity Ratio: The debt to equity ratio of IRB Infra is 0.65 which means that the company has a low portion of debt in its capital.
Market Ratios:
Price to Earnings Ratio: The price-to-earning ratio of IRB Infra is 104.64, which is high and comparatively overvalued.
Price-to-Book Ratio: The price-to-book ratio of IRB Infra is 3.92 which is low and comparatively undervalued.
Peer Industry Comparison
Here’s a quick comparison of some key ratios against other major players in the Indian infrastructure sector:
| Ratio | IRB Infra | L&T | GMR Infrastructure |
| Debt-to-Equity Ratio | 1.25 | 0.79 | 2.41 |
| Debt-to-EBITDA Ratio | 4.89 | 3.63 | 7.24 |
| P/E Ratio | 104.64 | 29.06 | 33.23 |
Key Takeaways:
IRB Infra shoes improved financial stability with a decreasing debt-to-equity ratio compared to past years.
The high PE ratio indicates the market optimism about future growth potential but also suggests higher risk in investment.
5 years dividend history of IRB Infra
| Year | Dividend per Share (INR) | Total Dividend Yield (%) | Ex-Date | Payment Date |
| FY2023 | 1.25 | 1.81% | 05/29/2023 | 08/12/2023 |
| FY2022 | 0.07 | 0.10% | 05/27/2022 | 08/10/2022 |
| FY2021 | 5.00 | 7.26% | 07/16/2020 | 08/01/2020 |
| FY2020 | 2.50 | 3.60% | 08/01/2018 | 08/15/2018 |
| FY2019 | 2.50 | 3.57% | 02/15/2018 | 07/31/2018 |
Key observations:
The dividend payout of the company has been variable over the first five years, ranging from 0.07 Rs to 5 Rs. per share.
Overall dividend yield has also been variable, ranging from 0.10% to 7.26%.
Share Holding Pattern of IRB Infra
| Category | Shareholding % | Number of Shares (Cr) |
| Promoters & Group Companies | 52.74 | 824.21 |
| Foreign Institutional Investors (FIIs) | 12.10 | 188.50 |
| Domestic Institutional Investors (DIIs) | 11.54 | 179.51 |
| Retail Investors | 23.62 | 368.78 |
IRB Infra Share Price Targets
| Year | Minimum | Maximum |
| 2024 | 55 | 106 |
| 2025 | 80 | 169 |
| 2030 | 233 | 2700 |
IRB Infra share price target 2024
As per trend, the stock is moving in UP Trend, so as per techniques analysis IRB Infra share price target for 2024 will be a minimum of 55 and a maximum of 106.
IRB Infra share price target 2025
If the micro and macroeconomics are in favor of this sector then we will expect the IRB Infra share price target for 2025 will be a minimum of 80 and a maximum of 169.
IRB Infra share price target 2030
The government is encouraging and investing money in infrastructure development projects this will boost the growth of the company in the future so we are expecting IRB Infra share price target for 2030 will be a minimum of 233 and a maximum of 270.
Read More: RITES Ltd. Share Price Target 2024 to 2050
Conclusion:
The company has more than 30 years of experience in the infrastructure development field. and the company has a strong financial growth and best management team. the government also promoting and investing in infrastructure development for 2 decades. so over if you are looking for an infrastructure development sector for investment consider this. before investing consider all market conditions and sector performance. if you like this article rate US and friends and family.
FAQ:
What is IRB Infra’s share price target for 2024?
As per trend, the stock is moving in UP Trend, so as per techniques analysis IRB Infra share price target for 2024 will be a minimum of 55 and a maximum of 106.
What is IRB Infra’s share price target for 2025?
If the micro and macroeconomics are in favor of this sector then we will expect the IRB Infra share price target for 2025 will be a minimum of 80 and a maximum of 169.
What is IRB Infra’s share price target for 2030?
The government is encouraging and investing money in infrastructure development projects this will boost the growth of the company in the future so we are expecting IRB Infra share price target for 2030 will be a minimum of 233 and a maximum of 270.
