IRB Infrastructure Developers Ltd. (IRB Infra) is making headlines again! The company has reported an impressive 18% year-on-year growth in its toll revenue for February 2025, collecting a total of ₹528.7 crore.
This increase is largely attributed to higher traffic across its network of toll roads, signaling strong economic activity and growing road usage.
Where is the Money Coming From?
IRB Infra operates 17 toll plazas across India, with some contributing significantly to the revenue growth. The biggest earners in February were:
- IRB MP Expressway (Maharashtra): ₹140.9 crore
- Ahmedabad-Vadodara Super Express Tollway: ₹63.9 crore
- CG Tollway (Chittorgarh to Gulabpura stretch, NH 79): ₹31.5 crore
On average, IRB Infra collected ₹19 crore per day from tolls, compared to ₹16 crore per day in February last year. This sharp rise indicates a strong demand for road travel and a booming highway infrastructure sector.
What’s Next for IRB Infra?
Amitabh Murarka, Deputy CEO of IRB Infra, expressed confidence that toll revenues will continue to grow. He pointed out that government spending on infrastructure, tourism, and consumer-driven sectors will likely boost road traffic further.
The company is expecting its total toll collection for FY25 to surpass last year’s figures, thanks to these positive trends.
IRB Infra’s Stock Performance
Following the announcement, IRB Infra’s shares saw increased trading activity. The stock hit an intraday high of ₹46 per share on the BSE, gaining 3.3%. However, some profit booking later pushed it down by 4%, bringing it to ₹44.14 per share at one point. By midday, it was trading at ₹44.34, a slight dip of 0.4% from the previous close.
Despite this short-term fluctuation, analysts remain bullish on IRB Infra’s long-term potential. The average target price for the stock is ₹69, suggesting a strong upside of 56% from the current levels. Six out of six analysts covering the stock recommend a ‘Buy’.
About IRB Infra
IRB Infrastructure Developers Ltd. is one of India’s leading private toll road developers, managing an asset base worth over ₹80,000 crore across 12 states. As the country’s first fully integrated highway infrastructure company, it continues to play a crucial role in expanding and improving India’s road network.
With toll revenues rising steadily and traffic showing no signs of slowing down, IRB Infra’s future looks bright. Investors and market watchers will be keeping a close eye on how the company sustains this momentum in the months ahead.
