IRB Infrastructure Developers Limited Net Assets

Latest as of March 2026: Rs209.49 Billion INR ≈ $2.27 Billion USD

IRB Infrastructure Developers Limited net assets. Based on the latest financial reports, IRB Infrastructure Developers Limited (IRB) has net assets worth Rs209.49 Billion INR (≈ $2.27 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs540.54 Billion ≈ $5.85 Billion USD) and total liabilities (Rs331.05 Billion ≈ $3.58 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore IRB shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs209.49 Billion
% of Total Assets	38.76%
Annual Growth Rate	28.16%
5-Year Change	66.71%
10-Year Change	297.39%
Growth Volatility	65.63

Net Assets of IRB Infrastructure Developers Limited (2005–2026)

Net assets of IRB Infrastructure Developers Limited from 2005 to 2026. This chart illustrates how IRB Infrastructure Developers Limited's net assets have evolved over time, based on quarterly financial data. See IRB net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for IRB Infrastructure Developers Limited (2005–2026)

The table below shows the annual net assets of IRB Infrastructure Developers Limited from 2005 to 2026. For live market cap and overall valuation, see how much is IRB Infrastructure Developers Limited worth.

Year	Net Assets	Change
2026-03-31	Rs209.49 Billion ≈ $2.27 Billion	+5.66%
2025-03-31	Rs198.27 Billion ≈ $2.14 Billion	+44.25%
2024-03-31	Rs137.45 Billion ≈ $1.49 Billion	+2.73%
2023-03-31	Rs133.79 Billion ≈ $1.45 Billion	+6.47%
2022-03-31	Rs125.66 Billion ≈ $1.36 Billion	+82.09%
2021-03-31	Rs69.01 Billion ≈ $746.29 Million	+3.26%
2020-03-31	Rs66.83 Billion ≈ $722.73 Million	+5.82%
2019-03-31	Rs63.15 Billion ≈ $682.96 Million	+10.94%
2018-03-31	Rs56.93 Billion ≈ $615.62 Million	+7.98%
2017-03-31	Rs52.72 Billion ≈ $570.10 Million	+8.41%
2016-03-31	Rs48.63 Billion ≈ $525.89 Million	+10.62%
2015-03-31	Rs43.96 Billion ≈ $475.40 Million	+22.23%
2014-03-31	Rs35.96 Billion ≈ $388.93 Million	+6.88%
2013-03-31	Rs33.65 Billion ≈ $363.89 Million	+13.33%
2012-03-31	Rs29.69 Billion ≈ $321.08 Million	+17.71%
2011-03-31	Rs25.22 Billion ≈ $272.76 Million	+19.10%
2010-03-31	Rs21.18 Billion ≈ $229.03 Million	+18.31%
2009-03-31	Rs17.90 Billion ≈ $193.58 Million	+8.56%
2008-03-31	Rs16.49 Billion ≈ $178.31 Million	+237.53%
2007-03-31	Rs4.88 Billion ≈ $52.83 Million	+227.64%
2006-03-31	Rs1.49 Billion ≈ $16.12 Million	+30.41%
2005-03-31	Rs1.14 Billion ≈ $12.36 Million	--

Equity Component Analysis

This analysis shows how different components contribute to IRB Infrastructure Developers Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 13566305000000.0% over the analyzed period, indicating profitable operations and earnings retention.

IRB Infrastructure Developers Limited Net Assets Breakdown (March 2026)

IRB Infrastructure Developers Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs135.66 Billion	64.76%
Common Stock	Rs6.04 Billion	2.88%
Other Components	Rs67.79 Billion	32.36%
Total Equity	Rs209.49 Billion	100.00%

IRB Infrastructure Developers Limited Competitors by Market Cap

The table below lists competitors of IRB Infrastructure Developers Limited ranked by their market capitalization.

Company	Market Cap
NFI Group Inc TO:NFI	$2.13 Billion
Sopharma AD WAR:SPH	$2.13 Billion
Sichuan Expressway Co Ltd SHG:601107	$2.13 Billion
Autohome Inc ADR F:8AHB	$2.13 Billion
YPF S.A. D BA:YPFD	$2.13 Billion
China Southern Airlines Company Limited F:ZNHH	$2.13 Billion
Aehr Test Systems NASDAQ:AEHR	$2.13 Billion
Íslandsbanki hf. IC:ISB	$2.13 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in IRB Infrastructure Developers Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 198,265,790,000 to 209,487,760,000, a change of 11,221,970,000 (5.7%).
Net income of 8,503,600,000 contributed positively to equity growth.
Dividend payments of 1,268,190,000 reduced retained earnings.
Other comprehensive income increased equity by 531,960,000.
Other factors increased equity by 3,454,600,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs8.50 Billion	+4.06%
Dividends Paid	Rs1.27 Billion	-0.61%
Other Comprehensive Income	Rs531.96 Million	+0.25%
Other Changes	Rs3.45 Billion	+1.65%
Total Change	Rs-	5.66%

Book Value vs Market Value Analysis

This analysis compares IRB Infrastructure Developers Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.95x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 94.77x to 0.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs0.17	Rs16.30	x
2006-03-31	Rs0.22	Rs16.30	x
2007-03-31	Rs0.37	Rs16.30	x
2008-03-31	Rs1.19	Rs16.30	x
2009-03-31	Rs1.04	Rs16.30	x
2010-03-31	Rs1.23	Rs16.30	x
2011-03-31	Rs1.46	Rs16.30	x
2012-03-31	Rs1.72	Rs16.30	x
2013-03-31	Rs1.96	Rs16.30	x
2014-03-31	Rs2.14	Rs16.30	x
2015-03-31	Rs2.62	Rs16.30	x
2016-03-31	Rs2.75	Rs16.30	x
2017-03-31	Rs3.00	Rs16.30	x
2018-03-31	Rs3.24	Rs16.30	x
2019-03-31	Rs8.98	Rs16.30	x
2020-03-31	Rs9.51	Rs16.30	x
2021-03-31	Rs9.82	Rs16.30	x
2022-03-31	Rs30.22	Rs16.30	x
2023-03-31	Rs11.08	Rs16.30	x
2024-03-31	Rs11.38	Rs16.30	x
2025-03-31	Rs16.42	Rs16.30	x
2026-03-31	Rs17.24	Rs16.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently IRB Infrastructure Developers Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.06%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.04%
• Asset Turnover: 0.12x
• Equity Multiplier: 2.58x
Recent ROE (4.06%) is below the historical average (11.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	0.07%	3.43%	0.02x	1.02x	Rs-113.47 Million
2006	5.47%	102.16%	0.05x	1.01x	Rs-67.49 Million
2007	6.03%	7.43%	0.09x	8.59x	Rs-149.69 Million
2008	7.03%	15.55%	0.19x	2.43x	Rs-481.43 Million
2009	10.16%	17.73%	0.21x	2.67x	Rs28.43 Million
2010	19.77%	23.66%	0.31x	2.72x	Rs1.99 Billion
2011	19.08%	19.03%	0.31x	3.27x	Rs2.21 Billion
2012	17.36%	15.83%	0.29x	3.80x	Rs2.10 Billion
2013	17.10%	15.10%	0.28x	4.06x	Rs2.31 Billion
2014	12.89%	12.30%	0.24x	4.41x	Rs1.03 Billion
2015	12.45%	14.11%	0.10x	9.03x	Rs1.07 Billion
2016	13.24%	12.46%	0.12x	8.74x	Rs1.56 Billion
2017	13.57%	12.24%	0.13x	8.85x	Rs1.88 Billion
2018	16.16%	16.15%	0.14x	7.10x	Rs3.50 Billion
2019	13.46%	12.67%	0.17x	6.41x	Rs2.18 Billion
2020	10.79%	10.52%	0.17x	5.97x	Rs525.75 Million
2021	1.70%	2.21%	0.13x	5.97x	Rs-5.73 Billion
2022	2.88%	6.23%	0.14x	3.39x	Rs-8.95 Billion
2023	5.38%	11.25%	0.15x	3.20x	Rs-6.18 Billion
2024	4.41%	8.18%	0.16x	3.27x	Rs-7.69 Billion
2025	32.69%	91.77%	0.13x	2.72x	Rs44.98 Billion
2026	4.06%	13.04%	0.12x	2.58x	Rs-12.45 Billion

Industry Comparison

This section compares IRB Infrastructure Developers Limited's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

Industry: Infrastructure Operations
Average net assets among peers: $1,460,945,654
Average return on equity (ROE) among peers: -14.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
IRB Infrastructure Developers Limited (IRB)	Rs209.49 Billion	0.07%	1.58x	$2.13 Billion
ARSS Infrastructure Projects Limited (ARSSINFRA)	$3.82 Billion	1.31%	5.29x	$52.89 Million
Atlantaa Limited (ATLANTAA)	$2.12 Billion	20.08%	1.70x	$30.81 Million
BF Utilities Limited (BFUTILITIE)	$533.17 Million	-97.66%	41.20x	$174.07 Million
Bharat Road Network Limited (BRNL)	$2.86 Billion	-39.13%	8.55x	$12.27 Million
Gayatri Highways Limited (GAYAHWS)	$-17.55 Billion	0.00%	0.00x	$4.92 Million
IL&FS Transportation Networks Limited (IL&FSTRANS)	$30.57 Billion	16.26%	3.99x	$6.33 Million
MEP Infrastructure Developers Limited (MEP)	$-13.39 Billion	0.00%	0.00x	$1.23 Million
Noida Toll Bridge Company Limited (NOIDATOLL)	$2.71 Billion	-15.23%	0.49x	$6.87 Million

About IRB Infrastructure Developers Limited

NSE:IRB India Infrastructure Operations

Market Cap

$2.13 Billion

Rs196.87 Billion INR

Market Cap Rank

#5728 Global

#261 in India

Share Price

Rs16.30

Change (1 day)

+0.06%

52-Week Range

Rs15.73 - Rs44.87

All Time High

Rs76.58