IRB InvIT Fund quarterly results and financials

IRB InvIT Fund (IRBINVIT)₹61.42+0.47%(9 Nov 2026 close)Road AssetsToll, Annuity, Hybrid-Annuity

Key facts

In the Sep 2026 quarter (consolidated), IRB InvIT Fund reported sales of ₹516 Cr, up 85.4% from Sep 2025, and net profit of ₹26.05 Cr, down 68.7% year on year. For the year to Mar 2026, sales were ₹1,490 Cr and net profit ₹340 Cr.

Sales (Sep 2026): ₹516 Cr
Net profit (Sep 2026): ₹26.05 Cr
Sales (FY Mar 2026): ₹1,490 Cr
Net profit (FY Mar 2026): ₹340 Cr
EPS (Sep 2026): ₹0.17
Borrowings (Mar 2026): ₹9,362 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

IRB InvIT Fund quarterly results

₹ crore unless stated; each column is a quarter.

IRB InvIT Fund Quarterly results
	Dec 2023	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	269	275	271	276	283	292	278	452	530	494	516
Expenses	73.16	47.07	46.08	51.12	49.07	46.05	45.09	78.09	140	96.07	154
Operating Profit	195	227	224	224	232	245	232	373	388	396	359
OPM %	73.1%	83.1%	83.1%	81.1%	82.1%	84.1%	84.1%	83.1%	74.1%	81.1%	70.1%
Other Income	15.98	1.99	0.00	6.99	0.99	1.99	0.99	−1.99	31.94	0.00	0.00
Interest	69.13	76.19	72.15	75.16	71.13	72.12	73.12	190	184	188	208
Depreciation	58.01	63.02	64.03	60.99	66.09	71.01	72.08	100	138	128	116
Profit before tax	84.21	89.16	88.22	94.20	97.16	103	89.11	80.19	99.20	80.20	35.05
Tax %	4.0%	3.0%	3.0%	3.0%	3.0%	3.0%	7.0%	26.1%	2.0%	1.0%	25.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	1.01	1.01	−2.01	0.00	0.00	0.00
Net Profit	81.17	86.18	85.21	91.21	94.19	100	83.10	60.14	97.17	79.11	26.05
EPS (Rs)	1.40	1.49	1.48	1.58	1.62	1.73	1.44	0.48	0.76	0.63	0.17

IRB InvIT Fund profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

IRB InvIT Fund Profit and loss
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	996	1,218	1,245	1,147	1,398	1,448	1,066	1,089	1,490	1,991
Expenses	185	233	247	226	242	635	200	194	310	469
Operating Profit	808	980	993	919	1,151	809	864	891	1,176	1,516
OPM %	81.1%	81.1%	80.1%	80.1%	83.1%	56.1%	81.1%	82.1%	79.1%	76.1%
Other Income	12.99	20.98	29.97	17.98	8.99	19.98	23.98	25.95	94.83	29.95
Interest	100	160	164	146	142	193	272	295	520	771
Depreciation	487	642	686	608	682	261	230	254	380	482
Profit before tax	234	199	173	181	336	375	385	369	372	295
Tax %	0.0%	1.0%	0.0%	0.0%	10.1%	1.0%	3.0%	3.0%	9.0%	—
Exceptional items	10.04	14.05	8.03	6.02	4.01	12.03	11.03	18.05	33.10	−2.01
Net Profit	232	198	173	181	304	371	374	357	340	262
EPS (Rs)	4.01	3.42	2.99	3.13	5.22	6.38	6.44	6.15	2.65	2.04
Dividend payout %	263.1%	347.0%	314.0%	250.1%	1,517.1%	0.0%	0.0%	0.0%	126.1%	—

IRB InvIT Fund balance sheet

₹ crore, at each year end.

IRB InvIT Fund Balance sheet
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5,793	5,604	5,425	5,307	5,101	4,907	4,857	4,745	8,863
Reserves	−182	−498	−800	−956	−961	−906	−944	−940	−696
Borrowings	1,772	1,797	1,765	1,897	1,896	3,034	3,046	3,196	9,362
Other Liabilities	6,614	6,421	6,196	5,991	5,909	5,479	5,608	5,327	5,442
Total Liabilities	13,996	13,323	12,586	12,238	11,944	12,514	12,567	12,328	22,971
Fixed Assets	13,619	12,972	12,283	11,629	10,941	10,692	10,462	10,196	18,887
CWIP	3.01	0.00	0.00	2.01	1.01	0.00	0.00	0.00	0.00
Investments	214	226	52.78	158	214	184	137	236	588
Other Assets	159	125	249	448	787	1,637	1,969	1,895	3,495
Trade receivables	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & equivalents	93.99	64.95	191	396	689	35.99	118	163	526
Total Assets	13,996	13,323	12,586	12,238	11,944	12,514	12,567	12,328	22,971

IRB InvIT Fund cash flow

₹ crore, for each year.

IRB InvIT Fund Cash flow
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	851	936	867	926	1,023	806	984	958	1,270
Cash from investing activity	−5,837	−142	112	−496	−379	−285	−187	−390	−9,677
Cash from financing activity	5,059	−877	−806	−580	−678	−516	−783	−579	8,583
Net cash flow	93.11	−79.09	176	−146	−30.04	9.01	17.02	−7.01	216
Capex	6,826	97.02	120	99.04	1.01	649	186	265	277
Free cash flow	−5,950	842	748	884	1,023	160	800	698	996
CFO / OP %	106.0%	96.0%	88.0%	101.0%	89.0%	99.9%	115.0%	109.0%	110.0%

IRB InvIT Fund ratios

Working-capital days and returns, by year.

IRB InvIT Fund Ratios
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	0	0	0	0	0	0	0	0	0
Cash conversion cycle	0	0	0	0	0	0	0	0	0
Working capital days	−141	−151	−148	−218	−205	−18	−85	−86	−69
ROCE %	9.0%	5.0%	5.0%	5.0%	8.0%	8.0%	9.0%	9.0%	7.0%

IRB InvIT Fund: frequently asked questions

What are the latest quarterly results of IRB InvIT Fund?

For the Sep 2026 quarter, IRB InvIT Fund reported sales of ₹516 Cr, up 85.4% year on year and net profit of ₹26.05 Cr, down 68.7% year on year. The operating margin was 70.1%.

What is the annual revenue of IRB InvIT Fund?

IRB InvIT Fund's sales for the year to Mar 2026 were ₹1,490 Cr; over the last twelve months they were ₹1,991 Cr.

What is the net profit of IRB InvIT Fund?

Net profit for the year to Mar 2026 was ₹340 Cr, and ₹262 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.04.

How much debt does IRB InvIT Fund have?

IRB InvIT Fund reported borrowings of ₹9,362 Cr at Mar 2026, against cash and equivalents of ₹526 Cr.

What is the free cash flow of IRB InvIT Fund?

Cash from operations was ₹1,270 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹996 Cr.

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