Historical numbers are not comparable for this company due to transfer of 9 assets by IRB to Private InvIT in FY20.
Pledge shareholding: IRB has provided a non-disposal undertaking (committing not to sell a certain percentage of their holding in IRB) to GIC and the Ferrovial Group.
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.43%
EBIT Growth (5y)
7.21%
EBIT to Interest (avg)
1.43
Debt to EBITDA (avg)
5.64
Net Debt to Equity (avg)
0.86
Sales to Capital Employed (avg)
0.21
Tax Ratio
30.76%
Dividend Payout Ratio
2.80%
Pledged Shares
0.03%
Institutional Holding
54.02%
ROCE (avg)
7.83%
ROE (avg)
4.15%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
24
Industry P/E
44
Price to Book Value
1.13
EV to EBIT
13.96
EV to EBITDA
9.93
EV to Capital Employed
1.07
EV to Sales
5.41
PEG Ratio
1.33
Dividend Yield
1.05%
ROCE (Latest)
7.30%
ROE (Latest)
4.20%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend13What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at 0.96 times
DEBTORS TURNOVER RATIO(HY)
Highest at 49.22 times
NET SALES(Q)
Highest at Rs 2,137.27 cr
PBDIT(Q)
Highest at Rs 1,152.55 cr.
PBT LESS OI(Q)
Highest at Rs 381.16 cr.
PAT(Q)
Highest at Rs 306.27 cr.
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for IRB Infra.Devl.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 381.16 cr has Grown at 40.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 271.16 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.96 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Sales - Quarterly
Highest at Rs 2,137.27 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,152.55 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 381.16 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 306.27 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 306.27 cr has Grown at 39.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 220.21 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 49.22 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
