Business
IRB Infrastructure Developers : Corporate Presentation March 2026
IRB Infrastructure Developers : Corporate Presentation March
About this update from Irb Infrastructure Developers Limited
[{"type":"text","content":"\n Vadodara - Mumbai Expressway (Package -7)\n \n \n \n Investor Presentation | Q4FY26\n India's First Multi-National Infrastructure Company in the Highways Sector\n Table of Contents\n \n Strategic Transition\n \n \n Page 2\n \n \n Financial Highlights -\n \n \n Q4FY26 & FY26\n \n \n Page 6\n \n \n Result Highlights\n \n \n Page 7\n \n \n Group Synopsis\n \n \n Page 13\n \n \n Business Verticals\n \n \n Page 17\n \n \n Dollar Bond Details\n \n \n Page 23\n \n \n Governance and ESG\n \n \n Page 26\n \n Attractive Industry Fundamentals and Opportunities Page 29\n \n \n \n Appendix Page 34\n \n \n \n \n Strategic Transition\n \n \n \n Private & Confidential\n \n \n Solapur Yedeshi section on NH-211\n Strategic Transition\n All new assets to be housed in Private InvIT\n Strategic Shift\n Focus on cash ROE expansion and Capital efficiency\n \n \n Transition from hybrid developer to Sponsor + O&M platform\n \n \n Sponsor to Private & Public InvITs\n \n \n \n Sponsor + O&M\n \n \n Project Manager\n \n \n \n \n Model\n \n \n Exclusive O&M contractor for Public and Private InvIT projects\n \n \n Continous recycling of Capital\n \n \n Distributions from InvITs\n \n \n \n Earning\n \n \n Project management fees\n \n \n \n \n Streams\n \n \n Long-term O&M annuity income\n \n \n Asset recycling gains\n \n \n \n 3\n Uniquely poised to capitalize on the opportunities\n Govt monetization pipeline: ~₹3 tn\n \n \n \n Opportunity\n \n \n Annual opportunity: ₹400-500 bn\n \n \n TOTs remain primary growth driver\n \n \n Bid at disciplined IRR (15-16%)\n B.E.S.T.\n \n \n Execute in time\n Strategy\n \n \n Stabilize project for 3 - 4 years\n Transfer at 12-12.5% IRR\n Assets transferred by Private InvIT to Public InvIT → ₹84 bn\n Achievements\n \n \n Equity released → ₹ 49 bn\n So far…\n \n \n Redeployed in new TOT projects worth ₹ 140 bn\n Multiple virtuous cycles planned over next 24-36 months\n 4\n Financial Transformation\n Road AUM: ₹800 bn → ~₹1,400 bn (3 years)\n \n \n \n Business\n \n \n \n Objective\n \n \n Recycle One unit of equity multiple times resulting in superior returns for the\n \n \n Sponsor.\n \n \n \n \n Financial\n \n \n NET DEBT : 0.6x → 0.0x\n \n \n \n \n Objective\n \n \n (Next 5 years-\n \n \n CASH ROE : 8% → 14%+\n \n \n \n \n FY30)\n \n \n PAT CAGR : 25%\n \n \n BOT Developers: 1.5 - 2x P/B\n \n...