IRB Infra Targets 25% PAT CAGR Till FY30: Toll Growth & Debt Reduction Drive Outlook | Business News
ET Now · 09 Nov 2026 · 8 min
Management interview of IRB Infrastructure Developers Ltd (IRB), with 11 key numbers discussed.
- Anil Yadav, CEO, Business Development and Investments, IRB Infrastructure Developers Ltd
IRB Infrastructure Developers reported an 85% rise in Q2FY27 profit to Rs 260 cr, aided by 15% toll revenue growth in its wholly owned subsidiary and a Rs 63 cr cut in interest costs. Management targets over 20% toll revenue growth in FY27 and a PAT CAGR exceeding 25% from FY26 to FY30, supported by toll expansion, higher InvIT distributions, and deleveraging. The company expects to achieve net debt-free status by 2030. The executable O&M order book stands at Rs 4,500-5,000 cr over the next three years with 20-22% margins, while Rs 2,700 cr in surplus equity will fund new TOT opportunities.