IRB Infrastructure Developers (NSE:IRB) 3-Year ROIIC % : -4.45% (As of Mar. 2026)

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NSE:IRB IRB Infrastructure Developers Ltd NSE:IRB
76 GF Score
Price ₹19.91
GF Value ₹21.95
Valuation Fairly Valued
! 8 Warning Signs
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What is IRB Infrastructure Developers 3-Year ROIIC %?

IRB Infrastructure Developers NSE:IRB -0.50% 76 3-Year ROIIC % is -4.45 as of Mar. 2026. GuruFocus rates NSE:IRB with a GF Score™ of 76/100 and a GF Value™ of ₹21.95 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,685 Construction companies, IRB Infrastructure Developers ranks worse than 68.43% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. IRB Infrastructure Developers's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -4.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for IRB Infrastructure Developers's 3-Year ROIIC % or its related term are showing as below:

NSE:IRB's 3-Year ROIIC % is ranked worse than
68.43% of 1685 companies
in the Construction industry
Industry Median: 4.63 vs NSE:IRB: -4.45

IRB Infrastructure Developers  (NSE:IRB) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


IRB Infrastructure Developers 3-Year ROIIC % Related Terms


IRB Infrastructure Developers 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for IRB Infrastructure Developers's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IRB Infrastructure Developers 3-Year ROIIC % Chart

IRB Infrastructure Developers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -1.07 19.55 4.77 -4.45

IRB Infrastructure Developers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.77 0.00 0.00 0.00 -4.45

IRB Infrastructure Developers 3-Year ROIIC % Competitor Comparison

For the Infrastructure Operations subindustry, IRB Infrastructure Developers's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IRB Infrastructure Developers 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, IRB Infrastructure Developers's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where IRB Infrastructure Developers's 3-Year ROIIC % falls into.


NSE:IRB
76GF Score
IRB Infrastructure Developers Ltd NSE:IRB
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRB Infrastructure Developers 3-Year ROIIC % Calculation

IRB Infrastructure Developers's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 10368.811235 (Mar. 2026) - 16082.330564 (Mar. 2023) )/( 528942.64 (Mar. 2026) - 400474.07 (Mar. 2023) )
=-5713.519329/128468.57
=-4.45%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -4.45 mean?
IRB Infrastructure Developers (NSE:IRB) has a 3-Year ROIIC % of -4.45 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on IRB Infrastructure Developers and its competitors. According to the industry distribution chart, IRB Infrastructure Developers ranks #1153 out of 1685 companies in the Construction industry, placing it in the top 68.4%.
Is IRB Infrastructure Developers' 3-Year ROIIC % too high?
IRB Infrastructure Developers' current 3-Year ROIIC % is -4.45. Based on the distribution chart, IRB Infrastructure Developers ranks #1153 out of 1685 companies in the Construction industry, which is below the industry midpoint. Overall, IRB Infrastructure Developers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRB Infrastructure Developers' 3-Year ROIIC % compare to competitors?
According to the Construction industry distribution chart, IRB Infrastructure Developers ranks #1153 out of 1685 companies for 3-Year ROIIC %. This places IRB Infrastructure Developers in the lower half of its industry. The industry median 3-Year ROIIC % is 4.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,685 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on IRB Infrastructure Developers and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRB Infrastructure Developers's current 3-Year ROIIC % is -4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRB Infrastructure Developers stock overvalued right now?
Based on GuruFocus' analysis, IRB Infrastructure Developers (NSE:IRB) is currently considered Fairly Valued. The stock's GF Value™ is ₹21.95, compared to a current price of ₹19.91 — trading 9.3% below its estimated fair value. The current 3-Year ROIIC % is -4.45. IRB Infrastructure Developers' overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For IRB Infrastructure Developers (NSE:IRB), the current 3-Year ROIIC % is -4.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IRB Infrastructure Developers (NSE:IRB) Overvalued in 2026?

Based on GuruFocus' analysis, IRB Infrastructure Developers stock appears to be undervalued. The current stock price of ₹19.91 is trading 9.3% below its estimated GF Value™ of ₹21.95. GuruFocus considers IRB Infrastructure Developers to be Fairly Valued.

Key valuation signals for NSE:IRB:

  • 3-Year ROIIC %: -4.45
  • GF Value™: ₹21.95 vs. price of ₹19.91 (9.3% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the NSE:IRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRB Infrastructure Developers Business Description

Other Exchanges 532947:India
Address Chandivali Farm, 3rd Floor, IRB Complex, Chandivali Village, Andheri (East), Mumbai, MH, IND, 400072
IRB Infrastructure Developers Ltd is an infrastructure and construction company. The company organizes itself into segments: Built, Operate and Transfer (BOT)/ Toll, Operate and Transfer (TOT) segment consist of operation and maintenance of roads; InvITs & Related Assets segment consists of investments in units of IRB Infrastructure Trust, IRB InvIT Fund and other related assets; and Construction segment consists of development and maintenance of roads. It derives maximum revenue from Construction segment.
76GF Score

Get the complete analysis for NSE:IRB

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹19.91
Price
₹21.95
GF Value