Rs 31,500 Crore Order Book: Multibagger Stock Under Rs 50 Clocks 23 Per Cent YoY Toll Revenue Growth for FY25; Surpasses National YoY Toll Revenue Growth of 12.5 Per Cent
The stock is up by 13.4 per cent from its 52-week low of Rs 45.05 per share and has given multibagger returns of 600 per cent in 5 years.
IRB Infrastructure Developers Limited and its Private InvIT Associate, IRB Infrastructure Trust, have demonstrated significant growth in toll revenue for the fiscal year 2024-25. Collectively, they achieved an approximate 23 percent year-on-year increase, reaching a total of Rs 6,360 crore, a substantial rise from the Rs 5,169 crore recorded in FY24. This performance notably outpaces the national average year-on-year toll revenue growth of 12.5 percent for the same period, highlighting the strong operational efficiency and market position of IRB Infra and its Trust.
Furthermore, the positive growth trend continued into the final month of the fiscal year. For March 2025, the combined toll revenue for IRB Infra and its Trust stood at Rs 5,568 million (Rs 557 crore), marking an approximate 16 percent increase compared to the Rs 4,809 million (Rs 481 crore) generated in March 2024. This consistent and robust year-on-year growth in both the full fiscal year and the concluding month underscores the strong performance and potential of IRB Infrastructure Developers Limited and its Private InvIT.
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About IRB Infrastructure Developers Ltd
IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in the Roads & Highways segment. The Company has acquired ISO Certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom. As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approx. Rs 80,000 crore. in 12 States across the parent company and two InvITs.
The Company has a strong track record of constructing, tolling, operating, and maintaining around 18,500 lane Kms pan India in its existence of more than 25 years in India; of which 15,500 Lane Kms are under operations at present. The group commands a market share of around 38 per cent in the TOT space. It also comprises a 12 per cent share in India’s North-South highway connectivity. After completing 13 Concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has 26 road projects that include 18 BOT, 4 TOT, and 4 HAM projects.
The company has a market cap of over Rs 27,000 crore. As of September 2024, LIC owns a 3.49 per cent stake in the company and has an order book worth Rs 31,500 crore as of December 31, 2024. The stock is up by 13.4 per cent from its 52-week low of Rs 45.05 per share and has given multibagger returns of 600 per cent in 5 years. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.