India's largest private highway developer, building and tolling roads under BOT/TOT/HAM concessions and via two InvIT platforms.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 351 | 351 | 604 | 604 | 604 | 604 | 604 | 604 |
| Reserves | 6.3k | 6.5k | 12.0k | 12.8k | 13.1k | 19.2k | 19.8k | 20.3k |
| Borrowings | 9.2k | 19.2k | 16.7k | 16.7k | 18.7k | 20.6k | 20.9k | 20.0k |
| Other Liabilities | 24.0k | 15.1k | 13.2k | 12.6k | 12.5k | 13.4k | 13.1k | 13.1k |
| Total Liabilities | 39.9k | 41.2k | 42.5k | 42.7k | 44.9k | 53.8k | 54.3k | 54.1k |
| AssetsFixed Assets | 27.7k | 27.1k | 27.3k | 26.5k | 25.5k | 24.6k | 24.4k | 23.9k |
| CWIP | 403 | 673 | 63 | 8 | 8 | 1 | 30 | 4 |
| Investments | 4.1k | 4.8k | 4.9k | 5.1k | 9.6k | 17.1k | 18.5k | 19.3k |
| Other Assets | 7.7k | 8.6k | 10.2k | 11.1k | 9.7k | 12.1k | 11.4k | 10.8k |
| Total Assets | 39.9k | 41.2k | 42.5k | 42.7k | 44.9k | 53.8k | 54.3k | 54.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2.7k | 3.7k | 867 | 364 | 1.8k | 4.1k | 2.0k | 2.1k |
| Cash from Investing | -4.1k | -4.9k | -8.2k | -1.6k | -650 | -3.6k | 375 | -910 |
| Cash from Financing | 1.4k | 1.4k | 7.5k | 589 | -860 | -477 | -720 | -2.7k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1.5k | -1.5k | -6.9k | -1.0k | 1.4k | 3.8k | 1.8k | 1.4k |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
IRB · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.