IRB Infrastructure Developers Limited is amongst the country’s most time-tested road infrastructure Company. We have a proven track record of delivering in time, some of the best roads in the country built across challenging terrains and managing them efficiently to stabilise operations and generate toll collections.
Undertaking projects of national and socio-economic importance, we have been contributing to the nation’s development since the last 19 years.
PROFILE
IRB Infrastructure Developers Ltd. commenced operations in 1998. With each passing project, our growing expertise in construction, project management and engineering has enabled us to take on bigger challenges and more complex projects that would result in value creation for both the country’s infrastructure and our shareholders.
With a portfolio comprising a total of 22 BOT projects in roads and highways, it is an area of our core competence. We have been instrumental in developing the country’s first-ever BOT project (Thane-Bhiwandi Bypass) and played an important role in the Golden Quadrilateral project, accounting for 18.79% of the total 5,846 kms of developed highway network. We are also credited with having one of the largest BOT portfolios in the country with a cumulative length of 11,828 lane kms, including operational and under implementation projects.
In September 2016, we became the first Company in India to get approval from SEBI for setting-up an Infrastructure Investment Trust (InvIT), whereby six operational assets of IRB were transferred to the IRB InvIT Fund. This InvIT was listed in the BSE Ltd. and National Stock Exchange of India Ltd. (NSE) in May 2017 and has enabled us to unlock capital tied up for propelling future growth.
Business verticals
Construction and development of highway infrastructure
Development and operation of BOT projects
CLIENTELE
National Highway Authority of India
Maharashtra State Road Development Corporation Limited (MSRDC)
Public Works Department
(PWD)
Ministry of Shipping, Road Transport and Highways (MoSRT&H)
Competitive Advantage Operational
One of the largest road infrastructure BOT project portfolios
Integrated and efficient project execution capabilities
Skilled & experienced engineering team
Professionally managed Company with qualified and skilled employee base
Financial
Robust balance sheet
Prudent financial management
Long-term source of capital and balance sheet deleveraging opportunity from IRB InvIT Fund
Expected decline in cost of debt due to good financial track record and improved credit rating
