What we do IRB InvIT Fund is a SEBI-registered infrastructure investment trust owning and managing toll-road assets across six Indian states, focusing on Build-Operate-Transfer and Hybrid Annuity models. |
Founded in 2,017 |
Market share First listed InvIT focused on toll-road assets in India, managing 2,421 lane km with enterprise value around Rs 8000 Crore. |
Problem solved Provides investors access to stable returns from infrastructure assets while supporting road infrastructure development and maintenance in India. |
Top clients or who we serve Institutional investors, mutual funds, retail unitholders investing through stock exchanges; B2C and B2B investors. |
Key management Mr. Vinod Kumar Menon (CEO); Mr. Rajinder Pal Singh (Chairman); Mr. Sunil Tandon and Mr. Nikesh Jain (Independent Directors). |
Our journey and innovations Listed in 2017 with six road assets; expanded portfolio including Hybrid Annuity Model projects; acquired additional assets from Sponsor over time. |
Where we operate Operational toll roads located in Maharashtra, Gujarat, Rajasthan, Karnataka, Punjab, and Tamil Nadu, India. |
Top products or what we offer Ownership and operation of seven toll-road projects under BOT and HAM models generating stable toll revenue streams. |
Top brands IRB InvIT Fund's flagship toll-road assets include Bharuch-Surat NH 8, Surat-Dahisar NH 8, Jaipur-Deoli NH 12, Salem-Namakkal NH 7, among others. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring through toll collections under long-term concession agreements, providing stable cash flow. |
Our industry position Market leader as the first toll-road focused listed InvIT; rated AAA with stable outlook by CARE and India Ratings. |
Financial highlights FY25 Revenue Rs 1084 Cr, Net Profit Rs 356 Cr; strong cash flows and consistent distributions to unitholders. |
Geographical revenue split Revenue generated primarily from toll collections across six Indian states. |
Order book - |
Whats driving growth Steady traffic growth, strategic acquisitions, extension of concession periods, and operational efficiencies drive growth. |
Our future plans Acquisition of additional road projects, asset portfolio optimization and adherence to sustainable infrastructure practices. |
Our green promise Committed to sustainable infrastructure development, minimal environmental impact, and compliance with applicable regulations. |
Our people and values Led by experienced infrastructure professionals; emphasis on governance, transparency, and investor protection. |
Key challenges ahead Concession expiries, traffic fluctuations, regulatory changes, and operational risks impacting toll revenues and cash flows. |
Interesting facts First listed Indian InvIT focused solely on toll-road assets with a diversified portfolio across major national highways. |
Risks and strategy Mitigating risks through active asset management, diversified portfolio, adherence to concession terms, and stakeholder engagement. |