IRB InvIT FundIRBINVITCorporate

Construction Latest results: Dec 2025 13 quarters of data
₹63.81
MCap ₹8,178 Cr · P/E 16.7
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹370 Cr
Sales · Dec 2025
+135.7% YoY
₹362 Cr
Operating Profit · Dec 2025
+6954.8% YoY
97.8%
OPM % · Dec 2025
+2976.5% YoY
₹189 Cr
Net Profit · Dec 2025
+63.7% YoY
₹1.47
EPS · Dec 2025
-26.1% YoY

📝 IRB InvIT Fund — results explained

Quarter ended December 2025 (Q3 FY26)

IRB InvIT Fund reported revenue of ₹370 crore for the quarter ended December 2025 (Q3 FY26), up 135.7% from ₹157 crore in the same quarter last year, and up 107.9% sequentially over the September 2025 quarter.

Net profit rose 63.7% year-on-year to ₹189 crore, from ₹115 crore. Earnings per share (EPS) came in at ₹1.47.

Operating profit stood at ₹362 crore — an operating margin (OPM) of 97.8%, compared with -3.4% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, IRB InvIT Fund posted revenue of ₹720 crore, a decline of 10.5% over FY25, with a net profit of ₹375 crore (down 17.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹888 crore with a net profit of ₹490 crore.

Valuation snapshot

At the current price of ₹63.81, IRBINVIT has a market capitalisation of ₹8,178 crore and a trailing P/E of about 16.7.

Within the Construction industry, it is the 8th-largest of the 137 companies we track by market value.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹8,178 Cr
Current Price ?
₹63.8
P/E ?
16.69above ind
Industry P/E ?
16.40
P/B ?
1.70
P/S ?
9.21
P/FCF ?
-340.75
Enterprise Value ?
₹14,679 Cr
EV/EBITDA ?
18.19
PEG ?
0.79
Earnings Yield ?
5.5%
Dividend Yield ?
12.49%
Profitability & Returns
Sales (TTM) ?
₹888 Cr
OPM ?
90.9%
Profit after tax (TTM) ?
₹490 Cr
EPS (TTM) ?
₹3.82
ROCE ?
8.0%
ROE ?
10.2%
ROA ?
4.3%
Growth
Sales — latest qtr ?
₹370 Cr
PAT — latest qtr ?
₹189 Cr
YoY qtr sales growth ?
135.7%
YoY qtr profit growth ?
63.7%
Sales growth (3y) ?
32%
Sales growth (5y) ?
15%
Profit growth (3y) ?
21%
Profit growth (5y) ?
9%
Financial Health
Debt ?
₹6,501 Cr
Debt to Equity ?
1.35
Interest Coverage ?
2.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
N/A
Change in promoter holding ?
N/A
Pledged percentage ?
N/A
Market
Return 3 months ?
3.0%
Return 6 months ?
4.0%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best
Metric Jun 2021Dec 2021Jun 2022Dec 2022Jun 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025 YoY % QoQ %
Sales 139136129129138151154326157168172178370 +135.7% +107.9%
Operating Profit 135132110131126148169208-5163175107362 +6954.8% +238.3%
Other Income 1103312061731111 -99.4% +0.0%
Interest 2828263140475410353494751174 +230.1% +241.2%
Depreciation 00000650000000 — —
Profit Before Tax 109105851021173811511111511512957189 +63.7% +231.6%
Net Profit 109105851021173811511111511512957189 +63.7% +231.6%
EPS 1.871.811.461.762.020.661.98-0.071.991.992.220.981.47 -26.1% +50.0%
OPM % 97.6% 97.1% 85.5% 101.6% 91.4% 97.7% 109.7% 63.9% -3.4% 97.0% 101.7% 60.1% 97.8% +2976.5% +62.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹805 Cr ₹720 Cr ₹888 Cr -10.5%
Operating Profit ₹535 Cr ₹644 Cr ₹807 Cr +20.4%
OPM % 66.48% 89.44% 90.88% +34.5%
NPM % 56.72% 52.08% 55.18% -8.2%
Other Income ₹180 Cr ₹3 Cr ₹4 Cr -98.3%
Depreciation ₹0 Cr ₹0 Cr ₹0 Cr —
Interest ₹259 Cr ₹272 Cr ₹321 Cr +5.1%
EBIT ₹535 Cr ₹644 Cr ₹807 Cr +20.4%
PBT ₹456 Cr ₹375 Cr ₹490 Cr -17.8%
Tax ₹0 Cr — — —
Net Profit ₹456 Cr ₹375 Cr ₹490 Cr -17.8%
EPS ₹5.89 ₹4.67 ₹6.66 -20.7%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Sep 2025 % Chg
Equity Capital 4,9144,8624,7484,737 -0.2%
Reserves 23311110267 -34.3%
Borrowings 1,7802,0852,2926,501 +183.6%
Other Liabilities 3525 +150.0%
Total Liabilities 6,9307,0637,14511,310 +58.3%
Fixed Assets 0000 —
CWIP 0000 —
Investments 2,4822,2211,9655,222 +165.8%
Other Assets 4,4484,8425,1796,088 +17.6%
Total Assets 6,9307,0637,14511,310 +58.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 617-12-20-24 -20.0%
Cash from Investing Activity -422277470-9,948 -2216.6%
Cash from Financing Activity -197-253-46110,148 +2301.3%
Net Cash Flow -213-11176 +1700.0%
Free Cash Flow 617-12-20-24 -20.0%
CFO/OP 135%-3%-4%-2% +50.0%

➗ Ratios (latest 4 periods)

Metric Mar 2022Mar 2023Mar 2024Mar 2025 % Chg
Debtor Days 0000 —
Cash Conversion Cycle 0000 —
Working Capital Days 341333220-72 -132.7%
ROCE % 7%8%7%8% +14.3%

⚖️ Peer comparison

Industry: Construction · top 25 of 137 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 EMBASSY Embassy Office ₹369.92 35,064 92.7 4,763 378 76.6% 7.9% 13.4% -79.2% 17.1% 25.9%
2 MINDSPACE MINDSPACE.NS 0P0001KHWX ₹345.06 22,843 28.7 3,241 800 80.1% 24.7% 16.4% 35.2% 27.9% 62.8%
3 NXST NXST.NS 0P0001QYGB ₹148.24 22,458 55.7 2,568 404 67.3% 15.7% 12.4% -16.5% 12.3% -89.5%
4 BIRET BIRET.NS 0P0001LR17 ₹263.49 21,867 42.0 3,295 626 71.8% 19.0% 24.2% 217.9% 51.7% 67.7%
5 WELENT Welspun Enterprises ₹789.00 10,700 35.5 3,544 348 20.2% 9.8% 0.9% 11.1% -8.4% -44.2%
6 MAXESTATES Max Estates ₹611.30 10,000 n/m 200 12 9.0% 6.1% -97.5% -98.9% 0.8% -30.0%
7 AFCONS Afcons Infrastructure ₹253.60 9,327 65.0 11,249 143 9.2% 1.3% -4.8% -48.6% -20.8% -77.9%
8 IRBINVIT IRB InvIT ₹66.38 8,507 25.1 1,546 340 80.0% 22.0% 13.4% -23.1% 87.2% 3.2%
9 GRINFRA G R ₹850.40 8,229 8.1 9,194 1,017 18.4% 11.1% 15.7% -1.6% 40.0% 46.6%
10 NCC NCC ₹130.76 8,210 12.7 20,639 682 8.8% 3.3% -9.9% -24.3% 12.2% 11.9%
11 RAYMOND Raymond ₹1,219.50 8,116 187.4 2,293 64 11.1% 2.8% -62.5% -30.2% 446.4% -99.4%
12 MAHLIFE Mahindra Lifespace ₹360.05 7,690 31.5 1,179 80 -10.3% 6.8% 216.9% 535.9% 7344.4% 5.7%
13 NESCO Nesco ₹1,056.00 7,441 17.9 951 417 50.7% 43.8% 27.4% 9.9% 9.7% 4.0%
14 CEIGALL Ceigall India ₹386.80 6,738 20.9 4,155 321 14.9% 7.7% 17.0% 7.7% 15.7% 24.2%
15 DBL Dilip Buildcon ₹406.20 6,599 5.0 8,742 1,255 19.2% 14.4% -20.4% 66.5% -9.2% -52.8%
16 KPIGREEN KPI Green ₹314.95 6,226 13.6 2,787 492 35.8% 17.7% 55.3% 56.5% 13.0% -15.0%
17 HCC Hindustan Construction ₹21.66 5,674 23.3 3,871 244 12.7% 6.3% -29.2% -7.2% -9.0% 0.7%
18 DBREALTY Valor Estate ₹95.20 5,164 n/m 864 12 9.0% 1.4% 61.7% 122.7% -86.8% -109.7%
19 MANINFRA Man Infraconstruction ₹124.44 4,951 21.1 666 216 24.1% 32.4% -43.1% -32.5% 19.3% 8.2%
20 PURVA Puravankara ₹202.61 4,805 27.9 4,064 150 20.0% 3.7% 85.7% 130.6% 62.0% 136.6%
21 RUSTOMJEE Keystone Realtors ₹356.90 4,508 33.8 2,832 131 6.7% 4.6% 31.5% -49.4% 72.2% 220.7%
22 AHLUCONT Ahluwalia Contracts ₹601.50 4,029 17.9 4,686 225 8.5% 4.8% 11.4% 32.3% 12.0% -79.7%
23 SUNTECK Sunteck Realty ₹269.60 3,959 18.6 1,127 211 28.7% 18.7% 31.7% 34.4% 1.7% 25.5%
24 KOLTEPATIL Kolte - ₹428.30 3,798 30.5 1,573 125 9.8% 8.0% -53.4% -147.2% 1017.0% 970.9%
25 ASHIANA Ashiana Housing ₹376.25 3,782 31.8 958 119 13.0% 12.4% 116.3% 548.9% -63.3% 0.8%
❓ Frequently asked questions
What was IRB InvIT Fund's revenue in Q3 FY26?
IRB InvIT Fund reported revenue of ₹370 crore for the quarter ended December 2025 (Q3 FY26), up 135.7% from ₹157 crore in the same quarter last year, and up 107.9% sequentially over the September 2025 quarter.
What was IRB InvIT Fund's net profit in Q3 FY26?
Net profit rose 63.7% year-on-year to ₹189 crore, from ₹115 crore. Earnings per share (EPS) came in at ₹1.47.
What is IRBINVIT's market capitalisation and P/E ratio?
At the current price of ₹63.81, IRBINVIT has a market capitalisation of ₹8,178 crore and a trailing P/E of about 16.7.
TTM ends 2025-12-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI