IL&FSTRANS

IL&FS Transportation Networks financials

Market cap
₹67 Cr
Sector
Construction

What IL&FS Transportation Networks Limited does

IL&FS Transportation Networks Limited (ITNL) develops, finances, constructs and operates surface transportation infrastructure under the Build-Operate-Transfer (BOT) model, earning either fixed annuity payments from the concessioning authority or toll collections from road users (with escalation clauses tied to WPI). It also takes on stand-alone Engineering, Procurement & Construction (EPC) contracts and provides operations & maintenance (O&M) services for highways and roads, for both its own and third-party projects. Beyond roads, ITNL has built niche infrastructure such as a rapid metro line, a road tunnel, an automated robotic car park and border check-post systems, and it runs road/highway O&M abroad through subsidiaries Elsamex (Spain, Portugal, Latin America) and IIPL (China, Laos, Vietnam, UAE, Botswana, Ethiopia, USA).

Segments

  • BOT (Build-Operate-Transfer) road & infra concessions
  • EPC (Engineering, Procurement & Construction)
  • Operations & Maintenance (O&M)
BOT road portfolio
13,493 lane km across 28 road projects, plus 5 non-road projects
Projects under construction
7 road projects (ACEL, FSEL, SSTL, GRBDCL, JIICL, KNCEL, BAEL)
EPC contracts ongoing
4
Domestic toll vs annuity project mix
15 toll projects (11 operational, 4 under construction) and 11 annuity projects (8 operational, 3 under construction)
International footprint
Operations in Spain, Portugal, Latin America, China, Laos, Vietnam, UAE, Botswana, Ethiopia and USA via Elsamex & IIPL subsidiaries
Chenani Nashri Tunnel
Longest road tunnel in Southeast Asia (Jammu & Kashmir)
Founded 2000Headquarters Mumbai, Maharashtra, India Company website

Quarterly results

Q4 FY16: revenue up 71.7%, net profit down 10.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY15Q2 FY15Q3 FY15Q4 FY15Q1 FY16Q2 FY16Q3 FY16Q4 FY16
Revenue1,564 1,502 1,954 1,484 1,644 +5%1,872 +25%2,191 +12%2,548 +72%
EBITDA564 616 529 432 530 −6%659 +7%792 +50%777 +80%
Net profit129 91 126 69 -10 −108%55 −40%164 +30%62 −10%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −38.2% 1Y

₹2.00₹2.50₹3.00Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹3.25 on 10 Sept 2025 → ₹2.01. High ₹3.26 (12 Sept 2025), low ₹1.84 (30 Mar 2026).

Financials, as filed

Revenue grew 11.9% a year over 2 years, FY14 to FY16. Operating margin widened to 33.4%.

Year endingFY14FY15FY16
Revenue₹6.6k Cr₹6.5k Cr₹8.3k Cr
Operating profit₹1.9k Cr₹2.1k Cr₹2.8k Cr
Operating margin28.7%32.9%33.4%
Interest₹1.5k Cr₹1.8k Cr₹2.5k Cr
Depreciation₹152 Cr₹153 Cr₹275 Cr
Net profit₹461 Cr₹415 Cr₹271 Cr
Net margin7.0%6.4%3.3%
Cash from operations₹1.8k Cr₹1.1k Cr₹2.8k Cr
Free cash flow₹-1.4k Cr₹-1.8k Cr₹-1.3k Cr
ROCE9.0%9.0%9.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY13FY14FY15FY16FY17FY18
Equity capital₹194 Cr₹194 Cr₹247 Cr₹329 Cr₹329 Cr₹329 Cr
Reserves₹3.4k Cr₹4.4k Cr₹5.1k Cr₹4.0k Cr₹3.9k Cr₹4.0k Cr
Borrowings₹14.4k Cr₹19.2k Cr₹23.9k Cr₹26.6k Cr₹31.2k Cr₹34.5k Cr
Other liabilities₹2.6k Cr₹3.3k Cr₹2.6k Cr₹3.9k Cr₹4.5k Cr₹8.2k Cr
Total liabilities₹20.6k Cr₹27.1k Cr₹31.9k Cr₹34.8k Cr₹39.8k Cr₹47.1k Cr
Fixed assets₹3.4k Cr₹5.6k Cr₹7.8k Cr₹9.8k Cr₹13.6k Cr₹13.9k Cr
Capital work in progress₹6.7k Cr₹8.5k Cr₹9.3k Cr₹8.8k Cr₹8.5k Cr₹9.6k Cr
Investments₹687 Cr₹469 Cr₹663 Cr₹2.4k Cr₹2.1k Cr₹2.5k Cr
Other assets₹9.7k Cr₹12.5k Cr₹14.1k Cr₹13.8k Cr₹15.7k Cr₹21.1k Cr
Total assets₹20.6k Cr₹27.1k Cr₹31.9k Cr₹34.8k Cr₹39.8k Cr₹47.1k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 47,090.

Promoters
73.2%
DIIs
0.4%
Public
26.4%

Since Jun 2025

  • DIIs −0.04 pp
  • Public +0.04 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 73.2%, DIIs 0.6%, Public 26.2%.Dec '23: Promoters 73.2%, DIIs 0.6%, Public 26.2%.Mar '24: Promoters 73.2%, DIIs 0.6%, Public 26.2%.Jun '24: Promoters 73.2%, DIIs 0.6%, Public 26.2%.Sep '24: Promoters 73.2%, DIIs 0.5%, Public 26.3%.Dec '24: Promoters 73.2%, DIIs 0.5%, Public 26.3%.Mar '25: Promoters 72.5%, DIIs 0.4%, Public 27.1%.Jun '25: Promoters 73.2%, DIIs 0.5%, Public 26.3%.Sep '25: Promoters 73.2%, DIIs 0.4%, Public 26.4%.Dec '25: Promoters 73.2%, DIIs 0.4%, Public 26.4%.Mar '26: Promoters 73.2%, DIIs 0.4%, Public 26.4%.Jun '26: Promoters 73.2%, DIIs 0.4%, Public 26.4%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of IL&FS Transportation Networks Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Infrastructure Leasing and Financial Services Limited NBFC / DFI71.92%unchanged
IL&FS Financial Services Limited 1.30%unchanged
Trustee of IL&S Employees Welfare Trust 1.04%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse IL&FS Transportation Networks Limited

Guides on how to read this kind of business and the numbers that matter.