IRB Infrastructure Developers Ltd - Company Profile
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IRB Infrastructure Developers Ltd (IRB) is a construction and development company. The company primarily engages in the development, operation, and maintenance of roads and highways. Its major services include Build-Operate-Transfer (BOT) projects, Toll-Operate-Transfer (TOT) projects, and Hybrid Annuity Model (HAM) projects. IRB is associated with India's first Infrastructure Investment Trust (InvIT). It performs operations through its subsidiaries spread across India and offers its services to government agencies including the National Highways Authority of India (NHAI), Maharashtra State Road Development Corporation Ltd (MSRDC), Hyderabad Metropolitan Development Authority (HMDA), Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), Ministry of Road Transport and Highways (MoRTH) and Public Works Department (PWD). The company has projects in Gujarat, Maharashtra, Rajasthan, Haryana, Telangana, Madhya Pradesh, Uttar Pradesh, Karnataka, and Tamil Nadu. IRB is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
3rd Floor,Irb Complex, Chandivali Farmchandivali, Village Andheri E, Mumbai, Maharashtra, 400076
Website
www.irb.co.in/home
Telephone
91 22 66404220
No of Employees
3,258
Industry
Construction
Ticker Symbol & Exchange
IRB (NSE)
Revenue (2025)
$726.5M
-10.4%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-86.9%
(2025 vs 2024)
Market Cap*
$2.7B
Net Profit Margin (2025)
XYZ
-85.4%
(2025 vs 2024)
* As of and is in US$
IRB Infrastructure Developers Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Real Estate Development |
| Construction of Roads, Bridges, and Highways |
| Built Operate Transfer (BOT) Projects |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In May, Samakhiyali Tollway Private Limited entered into a concession agreement with National Highway Authority of India for an upgradation of existing 4 lanes to 6 lanes of NH27 stretch of 90.90 Kms from Samakhiyali to Santalpur in the Gujarat on build-operate-transfer mode. |
| 2021 | Regulatory Approval | In December, the company received approval from Competition Commission of India to transfer 16.94% stake to Bricklayers Investment Pte. Ltd. |
| 2021 | Stake Sale | In December, the company sold its 24.90% to Cintra, a subsidiary of Ferrovial. |
Competitor Comparison
| Key Parameters | IRB Infrastructure Developers Ltd | NCC Ltd | Hindustan Construction Co Ltd | Simplex Infrastructures Ltd | Sadbhav Engineering Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Hyderabad | Mumbai | Kolkata | Ahmedabad |
| State/Province | Maharashtra | Telangana | Maharashtra | West Bengal | Gujarat |
| No. of Employees | 3,258 | 7,366 | 910 | 726 | 164 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Virendra D. Mhaiskar | Managing Director; Chairman | Executive Board | 1998 | - |
| Deepali V. Mhaiskar | Director | Non Executive Board | 1998 | - |
| Priti Savla | Director | Non Executive Board | 2014 | - |
| Bajarang Lal Gupta | Director | Non Executive Board | - | - |
| Tushar Kawedia | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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