IRB Infrastructure Developers Limited (IRB Infra) is one of India’s leading Infrastructure development companies, specializing in the construction, operation, and maintenance of roads and highways. Known for its role in building world-class Infrastructure, IRB Infra is committed to connecting people and places, contributing significantly to India’s economic growth and mobility.
As of January 20, 2025, the IRB Infra share price on the NSE is ₹54.67. Below are the projected IRB Infra share price target for the years 2025, 2026, 2027, 2030, 2035 And 2040.
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IRB Infrastructure Developers Limited Company Overview
IRB Infra, founded in 1998 and based in Mumbai, is a leading name in India’s road infrastructure sector. The company follows the Build-Operate-Transfer (BOT) model and has built, managed, and maintained over 15,000 lane kilometers of roads and highways across the country. It is also one of the largest private toll road operators in India.
| Company type | Public company |
| Traded as | NSE: IRB BSE: 532947 |
| Industry | Conglomerate |
| Founded | 27 July 1998; 26 years ago |
| Headquarters | IRB Complex, Chandivali, Powai, Mumbai, India |
| Key people | Virendra D. Mhaiskar (Chairman & MD) Sudhir Rao Hoshing (Joint MD) Ajay Deshmukh (CEO) Anil Yadav (CFO) |
| Services | Engineering, Procurement and Construction (EPC) |
| Revenue | ₹7,469 crore(2024) |
| Net income | ₹616 crore(2024) |
| Total assets | ₹44,822 Cr(2024) |
| Website | www.IRB.co.in www.IRBinvit.co.in |
One Year IRB Infrastructure Developers Limited Share Price Growth Chart
IRB Infra Share Price Target For 2025
IRB Infra is a leading company in building roads and highways in India. As the government focuses on improving Infrastructure, IRB Infra is expected to grow steadily. In 2025, its stock price might reach ₹100 first and could go up to ₹120, showing its strong position in the industry.
| Year | 1st Target | 2nd Target |
| 2025 | ₹100 | ₹120 |
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IRB Infra Share Price Prediction For 2026
By 2026, IRB Infra is likely to benefit from more construction projects and its expertise in the Infrastructure sector. With growing demand for better roads, its stock price could rise to ₹140 at first and might even touch ₹170, thanks to its consistent performance.
| Year | 1st Target | 2nd Target |
| 2026 | ₹140 | ₹170 |
IRB Infra Stock Price Target For 2027
In 2027, IRB Infra may see even more growth as it continues to expand its projects and deliver quality work. Experts believe its stock price could reach ₹190 initially and later go up to ₹220, reflecting its increasing importance in India’s Infrastructure development.
| Year | 1st Target | 2nd Target |
| 2027 | ₹190 | ₹220 |
IRB Infra Share Price Target Forecast For 2028
By 2028, IRB Infra growth is expected to remain strong as it works on bigger and better projects. The company stock price might touch ₹250 at first and could go as high as ₹280, showcasing its role in modernizing the country road network.
| Year | 1st Target | 2nd Target |
| 2028 | ₹250 | ₹280 |
IRB Infra Stock Price Prediction For 2029
In 2029, IRB Infra is projected to grow further as it continues to secure major Infrastructure contracts. The stock price might hit ₹320 initially and could rise to ₹350, driven by its strong reputation and successful project execution.
| Year | 1st Target | 2nd Target |
| 2029 | ₹320 | ₹350 |
IRB Infra Share Price Target For 2030
By 2030, IRB Infra is likely to see significant growth, benefiting from its long-term projects and expertise in the sector. Its stock price might reach ₹400 at first and could go up to ₹440, highlighting its bright future in the Infrastructure industry.
| Year | 1st Target | 2nd Target |
| 2030 | ₹400 | ₹440 |
IRB Infra Share Price Target For 2035
Fast forward to 2035, IRB Infra could become one of the biggest names in Infrastructure, with its stock price predicted to touch ₹750 at first and possibly climb to ₹950, thanks to its continuous efforts to improve and expand.
| Year | 1st Target | 2nd Target |
| 2035 | ₹750 | ₹950 |
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IRB Infra Share Price Target For 2040
By 2040, IRB Infra is expected to be a key player in India’s Infrastructure transformation. Its stock price might start at ₹1300 and could go all the way up to ₹1500, reflecting its long-term success and importance in building a stronger India.
| Year | 1st Target | 2nd Target |
| 2040 | ₹1300 | ₹1500 |
IRB Infra Share Price Forecast From 2025 To 2040
| Year | Year High Target (₹) | Year Low Target (₹) |
| 2025 | ₹120 | ₹70 |
| 2026 | ₹170 | ₹102 |
| 2027 | ₹220 | ₹150 |
| 2028 | ₹280 | ₹190 |
| 2029 | ₹350 | ₹240 |
| 2030 | ₹440 | ₹300 |
| 2035 | ₹950 | ₹410 |
| 2040 | ₹1500 | ₹800 |
IRB Infra Ltd Peers comparison
| Sector: Infrastructure Developers & Operators | Industry: Construction | ||||
| Name | P/E | Mar Cap ₹Cr. | Div Yld% | NP Qtr ₹Cr. | ROCE% |
| Rail Vikas | 75.92 | 97151 | 0.45 | 302 | 18.70 |
| IRB Infra.Devl. | 57.93 | 35696 | 0.51 | 99 | 8.96 |
| Ircon Intl. | 23.08 | 21261 | 1.37 | 205 | 18.15 |
| Afcons Infrastr. | 41.95 | 19216 | 0.00 | 135 | 23.13 |
| G R Infraproject | 16.67 | 15331 | 0.00 | 193 | 16.89 |
| H.G. Infra Engg. | 18.27 | 9572 | 0.10 | 80 | 24.12 |
| KNR Construct. | 8.73 | 9547 | 0.07 | 580 | 25.74 |
IRB Infra Ltd Fundamentals
| Parameter | Value |
| Market Cap | ₹33,142 Cr |
| P/E Ratio (TTM) | 53.80 |
| P/B Ratio | 2.38 |
| Industry P/E | 32.38 |
| Debt to Equity | 1.35 |
| ROE | 4.42% |
| EPS (TTM) | 1.02 |
| Dividend Yield | 0.55% |
| 52 Week High | ₹78.15 |
| 52 Week Low | ₹37.40 |
| Book Value | 23.08 |
| Face Value | 1 |
IRB Infra Ltd Financial Results
| All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | 5,299 | 5,804 | 6,402 | 7,409 | 7,469 |
| Expenses | 2,947 | 3,229 | 3,271 | 4,387 | 4,409 |
| Operating Profit | 2,352 | 2,575 | 3,130 | 3,022 | 3,060 |
| OPM % | 44% | 44% | 49% | 41% | 41% |
| Other Income | 189 | 552 | 300 | 793 | 837 |
| Interest | 1,697 | 1,894 | 1,521 | 1,868 | 1,920 |
| Depreciation | 582 | 683 | 832 | 995 | 1,012 |
| Profit before tax | 262 | 550 | 1,077 | 951 | 965 |
| Tax % | 55% | 34% | 33% | 36% | |
| Net Profit | 117 | 361 | 720 | 606 | 616 |
| EPS in Rs | 0.33 | 0.60 | 1.19 | 1.00 | 1.02 |
IRB Infra Ltd Balance Sheet
| All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 351 | 604 | 604 | 604 | 604 |
| Reserves | 6,549 | 11,962 | 12,775 | 13,141 | 13,332 |
| Borrowings | 19,219 | 16,697 | 16,748 | 18,653 | 18,838 |
| Other Liabilities | 15,052 | 13,218 | 12,575 | 12,472 | 12,048 |
| Total Liabilities | 41,171 | 42,481 | 42,703 | 44,870 | 44,822 |
| Fixed Assets | 27,102 | 27,271 | 26,480 | 25,514 | 25,106 |
| CWIP | 673 | 63 | 8 | 8 | 14 |
| Investments | 4,799 | 4,904 | 5,141 | 9,642 | 9,213 |
| Other Assets | 8,597 | 10,243 | 11,074 | 9,706 | 10,489 |
| Total Assets | 41,171 | 42,481 | 42,703 | 44,870 | 44,822 |
IRB Infra Ltd Shareholding Pattern
IRB Infra Ltd Dividend History (2005-2024)
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 24 Oct, 2024 | 08 Nov, 2024 | Interim | 0.10 |
| 05 Aug, 2024 | 20 Aug, 2024 | Interim | 0.10 |
| 30 Apr, 2024 | 15 May, 2024 | Interim | 0.10 |
| 16 Jan, 2024 | 08 Feb, 2024 | Interim | 0.10 |
| 20 Oct, 2023 | 06 Nov, 2023 | Interim | 0.10 |
| 12 May, 2023 | 29 May, 2023 | Interim | 0.08 |
| 29 Jul, 2022 | 12 Aug, 2022 | Interim | 1.25 |
| 18 Jun, 2020 | 16 Jul, 2020 | Final | 5.00 |
| 19 Jul, 2018 | 01 Aug, 2018 | Interim | 2.50 |
| 01 Feb, 2018 | 15 Feb, 2018 | Interim | 2.50 |
| 18 Jul, 2017 | 31 Jul, 2017 | Interim | 2.50 |
| 24 May, 2017 | 06 Jun, 2017 | Interim | 3.00 |
| 19 Jan, 2017 | 02 Feb, 2017 | Interim | 2.00 |
| 03 Mar, 2016 | 16 Mar, 2016 | Interim | 2.00 |
| 13 Oct, 2015 | 27 Oct, 2015 | Interim | 2.00 |
| 20 May, 2015 | 04 Jun, 2015 | Interim | 2.00 |
| 22 Jul, 2014 | 04 Aug, 2014 | Interim | 2.00 |
| 23 Jan, 2014 | 05 Feb, 2014 | Interim | 2.00 |
| 08 Aug, 2013 | 12 Aug, 2013 | Interim | 2.00 |
| 07 May, 2013 | 20 May, 2013 | Interim | 1.00 |
| 29 Jan, 2013 | 11 Feb, 2013 | Interim | 1.00 |
| 22 Oct, 2012 | 02 Nov, 2012 | Interim | 1.00 |
| 18 Jul, 2012 | 01 Aug, 2012 | Interim | 1.00 |
| 17 Jan, 2012 | 31 Jan, 2012 | Interim | 1.80 |
| 20 May, 2011 | 17 Aug, 2011 | Final | 1.50 |
| 30 Apr, 2010 | 21 Sep, 2010 | Final | 1.50 |
| 21 May, 2009 | 27 Aug, 2009 | Final | 0.50 |
| 21 Jan, 2009 | 12 Feb, 2009 | Interim | 1.00 |
IRB Infra Ltd Split History
| Announcement Date | Ex-Split Date | Old FV | New FV | Remarks |
| 04 Jan, 2023 | 22 Feb, 2023 | 10 | 1 | For every share held, the holder will receive 10 shares post the split adjustment. |
FAQs
Q.1. What is the share price target for IRB Infra in 2025?
Ans: By 2025, IRB Infra share price might go up to ₹100 first and could even reach ₹120. This is because of their ongoing projects and the increasing demand for better Infrastructure in India.
Q.2. What are the projected share price targets for IRB Infra in 2026?
Ans: In 2026, the share price might grow further to ₹140 or even ₹170 as the company completes more highways and toll roads, which will boost their earnings.
Q.3. What is the anticipated share price for IRB Infra in 2027?
Ans: By 2027, IRB Infra could hit ₹190 and possibly ₹220. With more focus on Infrastructure development in India, this company is set to benefit a lot.
Q.4. What are the share price targets for IRB Infra in 2028?
Ans: In 2028, the share price might reach ₹250 or even ₹280 as they take on more projects and their reputation in the sector grows stronger.
Q.5. What is the forecast for IRB Infra share price in 2029?
Ans: By 2029, IRB Infra share price might grow to ₹320 and could even touch ₹350, thanks to the completion of more high-value projects.
Q.6. What are the share price targets for IRB Infra in 2030?
Ans: In 2030, IRB Infra might achieve ₹400 and could go as high as ₹440 as they continue to expand their network and revenue streams.
Q.7. What are the long-term share price targets for IRB Infra in 2035?
Ans: By 2035, IRB Infra might reach ₹750 or ₹950 as Infrastructure development reaches new heights and the company grows alongside it.
Q.8. What is the share price target for IRB Infra in 2040?
Ans: Looking way ahead to 2040, IRB Infra share price could soar to ₹1300 or even ₹1500, showing how consistent growth over time can create big results
Q.9. Who is the current CEO of IRB Infrastructure?
Ans: The current Chairman and Managing Director (CMD) of IRB Infrastructure Developers Ltd. is Virendra D. Mhaiskar. He has been at the helm of the company since its inception.
Q.10. IRB Infra NSE and BSE Codes?
Ans: IRB Infrastructure Developers Ltd. is a publicly traded company in the construction and Infrastructure development sector. Its stock details are: NSE Code: IRB, BSE Code: 532947.
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