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Irb (IRB)

Infrastructure Developer · NSE · end-of-day 2026-10-19
Close
₹17.37
Day change
-1.42%
1-year
-17.9%
From 52-week high
-23.9%
Weinstein stage
Stage 4
Minervini template
1/8
Irb closed at ₹17.37 on 2026-10-19, down 18% over the past year, 24% below its 52-week high. It meets 1 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 4 - declining; on earnings, it passes 3 of 5 SEPA checks. Over the year its annualised volatility was about 27%, with a largest fall of 26% from a peak.

About Irb

IRB Infrastructure Developers Limited develops, operates, and maintains highways through BOT, HAM, and toll-road concession models. The company owns a diversified portfolio of operational road assets generating recurring toll revenues. New infrastructure projects and asset monetization strengthen long-term financial flexibility. India's highway expansion continues to create attractive project opportunities. Operational expertise supports efficient project execution.

Price, RSI and MACD

Price · -21.0% over the period
1718202223Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 40.7
305070
MACD (12, 26, 9) · histogram +0.07
-0.7-0.4-0.10.10.4
Price · -20.0% over the period
1618202224Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 40.7
305070
MACD (12, 26, 9) · histogram +0.07
-0.7-0.4-0.10.20.4
Price · -41.8% over the period
1620252933Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 40.7
305070
MACD (12, 26, 9) · histogram +0.07
-1.5-0.9-0.20.41
Price · +8.6% over the period
1219263340Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 40.7
305070
MACD (12, 26, 9) · histogram +0.07
-1.7-0.31.12.53.9
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
—₹7,686 cr₹954 cr22.00.790.984.2%38.6%7.4%0.96₹2,085 cr9.90.47

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20262,1373060.25+47.1%+1.8%14.3%
Mar 20261,9272960.25+42.9%-10.3%15.4%
Dec 20251,8712110.17-96.5%-7.6%11.3%
Sep 20251,7511410.12+35.3%+10.4%8.0%
Jun 20252,0992020.17+47.8%+13.3%9.7%
Mar 20252,1492150.17+12.9%+4.3%10.0%
Dec 20242,0256,0264.99+3119.3%+2.9%297.5%
Sep 20241,5861000.09+6.2%-9.1%6.3%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 3 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✓ Pass
Sales up 25%+, or sales growth accelerating✗ Fail
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✗ Close above the 150- and 200-day averages
✗ 150-day above 200-day
✗ 200-day rising for a month
✗ 50-day above the 150- and 200-day
✗ Close above the 50-day
✗ At least 25% above the 52-week low · low 16.87
✓ Within 25% of the 52-week high · high 22.84
✗ RS percentile 70 or more · RS 30
Trend template - the gate, measured: a modest 21-day edge.
1/81 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 4 - declining
CAN SLIM
✓ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✗ N within 15% of the 52-week high · high 22.84
✗ S more volume on up days than down days (50 sessions) · 0.83x
✗ L RS percentile 80 or more · RS 30
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
2/6Weak
Darvas
✗ New 52-week high in the last 120 sessions
Darvas needs a new 52-week high to start a box.
10/100No box
Turtle
✗ Close above the prior 55-session high · 21.04
✗ Close above the prior 20-session high · 18.99
✗ Close below the prior 20-session low · 16.75
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 10.1%
— Return on capital (ROCE) · 7.4%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
39/100Weak
Graham
✓ Price at or below the Graham number · Graham number 17.75
✗ P/E 15 or less · P/E 22.0
✓ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 0.98
✗ Current ratio 2 or more · 1.24
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
100/100Undervalued
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✗ Current ratio rising · 1.24
✓ No new shares issued
✗ Margin rising (net margin)
✓ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
6/9Average
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Infrastructure Developer sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
IRB this stock-6.0-12.8-21.1-18.9-1.7+70.122.00.984.27.4—0.969.9—7,6869540.80.47
SEAMECLTD-8.0+16.7+1.9+88.9+119.4+30.715.73.1021.820.4—0.259.94,0401,038259101.00.37
UNIVASTU-9.5+17.6+100.0+87.4+275.2+610.816.44.8028.030.1—0.3210.9496——8.50.81
CEIGALL+5.4+15.4+27.7+58.8——18.43.2115.717.3—0.6112.36,8604,99237321.40.74
JSWINFRA-5.5-5.6+18.1+10.7+83.9—46.27.0314.813.6—0.5929.576,4325,5821,5157.11.25
BLKASHYAP+4.2-5.3-0.3-9.9-23.6+97.62,747.02.350.38.5—0.5718.51,2391,38810.01.51
ATLANTAA-3.7-9.1-15.5-30.9———1.33-0.81.9—1.4810.528378-5-0.61.27
GRINFRA-5.5-15.4-12.4-33.8-34.9-62.17.40.8010.112.8—0.525.87,5489,1951,016105.00.71
KALPATARU-5.9-5.1-19.8-35.0——42.31.292.81.3—2.2366.55,3173,4651036.11.19
ATALREAL-15.2-59.9-51.5-48.5-14.3—14.21.578.010.7—0.1414.215112070.90.95
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

Infrastructure Developer stocks of a similar size

Atal Realtech LimitedAtlantaa LimitedUnivastu India LimitedB. L. Kashyap And Sons LimitedSeamec LimitedKalpataru LimitedCeigall India LimitedGrinfra
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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.