IRB Infra.Devl. (IRB)

FairStock Score: 45/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses with durable moats, honest management, and a margin of safety. IRB Infra is in civil construction—capital-intensive and cyclical. At ₹19.26, market cap is ₹23,262 Cr, P/B is 1.09, and book value is ₹17.68. The Graham Number is ₹30.75, yet the reported margin of safety is -35.64%, while DCF intrinsic value is only ₹8.83. So Mr. Market is not offering a clear bargain. P/E of 24.69 with ROE of 3.88% and ROCE of 7.82% means earnings quality is weak relative to price. Debt/equity of 0.96 and Altman Z-score of 1.03 signal financial fragility. The latest quarter had sales of ₹1,871 Cr and net profit of ₹211 Cr, and free cash flow is ₹2,346 Cr—positive signs. But profit growth of 92.83% contrasts with sales growth of -6.16%, so I need to know whether this is sustainable or one-off. The five-year revenue CAGR of 2.13% is slow, and EV/EBITDA of 347.84 is alarmingly high. Piotroski F-score is 6/9, FairStock score 45/100, promoter holding 30.42%, dividend yield 1.04%. The 52-week range of ₹16.75–₹23.95 shows how uncertain the market is. This is not a Buffett stalwart; it is a leveraged, asset-heavy cyclical. I would wait for debt reduction, consistent ROCE above the cost of capital, and durable free cash flow before demanding a margin of safety.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer