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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -9.12 % over the year, decrease in net sales/revenue by -14.41 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 28 %. Marginal increase in other income during this quarter, up by 39.61%.
- Profit over the Year and quarter: Significant improvement in profitability for IRB Infrastructure Developers Limited. Notable increase of 4.31 % in net profit Year to Year, IRB Infrastructure Developers Limited’s profitability dropped by -28.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 6.25 % Year to Year. EPS decreased by -26.09 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1744.997 Cr | Rs. 1852.936 Cr | Rs. 1585.844 Cr | -14.41 % | -9.12 % |
| Expenses | Rs. 1025.66 Cr | Rs. 1049.3 Cr | Rs. 902.81 Cr | -13.96 % | -11.98 % |
| Operating Profit | Rs. 719.34 Cr | Rs. 803.64 Cr | Rs. 683.03 Cr | -15.01 % | -5.05 % |
| OPM % | 41.22 % | 43.37 % | 43.07 % | -0.3 % | + 1.85 % |
| Other Income | Rs. 129.509 Cr | Rs. 118.746 Cr | Rs. 165.776 Cr | + 39.61 % | + 28 % |
| Interest | Rs. 434.58 Cr | Rs. 438.72 Cr | Rs. 434.21 Cr | -1.03 % | -0.09 % |
| Depreciation | Rs. 232.69 Cr | Rs. 255.01 Cr | Rs. 231.2 Cr | -9.34 % | -0.64 % |
| Profit before tax | Rs. 181.58 Cr | Rs. 228.66 Cr | Rs. 183.4 Cr | -19.79 % | + 1 % |
| Tax % | 33.41 % | 31.44 % | 31.27 % | -0.17 % | -2.14 % |
| Net Profit | Rs. 95.75 Cr | Rs. 139.98 Cr | Rs. 99.87 Cr | -28.65 % | + 4.3 % |
| EPS in Rs | Rs. 0.16 | Rs. 0.23 | Rs. 0.17 | -26.09 % | + 6.25 % |
Today, we’re looking at IRB Infrastructure Developers Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -9.12 %. However, it did see a marginal slip of -14.41 % from the previous quarter. Expenses decreased slightly by -13.96 % quarter-on-quarter, aligning with the annual decline of -11.98 %. Operating profit, while down -5.05 % compared to last year, faced a quarter-on-quarter dip of -15.01 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.85 %, but a shrinkage of -0.3 % sequentially. Other income rose by 39.61 % compared to the last quarter, despite an annual growth of 28 %. Interest expenses dropped significantly by -1.03 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.09 %. Depreciation costs fell by -9.34 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.64 %. Profit before tax grew annually by 1 % but saw a reduction from the preceding quarter by -19.79 %.
Tax expenses as a percentage of profits decreased slightly by -2.14 % compared to last year, with a more notable quarter-on-quarter decrease of -0.17 %. Net profit rose by 4.3 % year-on-year but witnessed a -28.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.25 % but a quarterly fall of -26.09 %. In summary, IRB Infrastructure Developers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1744.997 Cr | Rs. 1852.936 Cr | Rs. 1585.844 Cr | -14.41 % | -9.12 % |
| Expenses | Rs. 1025.66 Cr | Rs. 1049.3 Cr | Rs. 902.81 Cr | -13.96 % | -11.98 % |
| Operating Profit | Rs. 719.34 Cr | Rs. 803.64 Cr | Rs. 683.03 Cr | -15.01 % | -5.05 % |
| Net Profit | Rs. 95.75 Cr | Rs. 139.98 Cr | Rs. 99.87 Cr | -28.65 % | + 4.3 % |
| EPS in Rs | Rs. 0.16 | Rs. 0.23 | Rs. 0.17 | -26.09 % | + 6.25 % |
In reviewing IRB Infrastructure Developers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.12 % year-on-year, although there was a slight dip of -14.41 % from the previous quarter. Expenses decreased by -11.98 % compared to the previous year, with a decrease of -13.96 % quarter-on-quarter. Operating Profit dropped by -5.05 % annually, and saw a -15.01 % decrease from the last quarter.
Net Profit showed yearly increase of 4.3 %, and experienced a -28.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.25 % annually, however dipped by -26.09 % compared to the last quarter. In essence, while IRB Infrastructure Developers Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
59
3-Year Profit
18
5-Year Profit
10
10-Year Profit
50.6
Current Price
30,563
Market Cap
For the company identified by BSE code 532947, the financial performance highlights a solid five-year profit of 18 percents. This figure escalates to 59 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 130 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 48 percents but has since plummeted to 46 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 7 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
The company currently holds a market cap of ₹30,563 crore, with its stock trading at ₹50.6. Historically, the stock has fluctuated between ₹78.2 / 35.1, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 49.6, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹23.1, which offers insight into the company's intrinsic worth, while its dividend yield of 0.59% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 8.96%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 4.38%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 1.35, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-67.9 crore raises concerns about its liquidity position. The Piotroski score of 5.00 reflects the company’s overall financial health, while the Graham Number of ₹23.0 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 2.23 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
