# IRB InvIT Fund share price today (IRB InvIT Fund, NSE: IRBINVIT)

> IRB InvIT Fund share price today: ₹60.77 at the NSE close on 3 November 2026, down 2.7% in a year. IRB InvIT Fund (NSE: IRBINVIT) is worth ₹6,207 crore, trades at a P/E of 23.5 and has closed between ₹57.99 and ₹65.00 over the past 52 weeks. > IRB InvIT Fund's share price has risen faster than its earnings: −2.7% in a year, against −56.9% for earnings per share. IRBINVIT · Infrastructure Investment Trusts · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/irb-invit-fund

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹60.77 (−2.7% in a year)
- P/E: 23.5× (higher than 95% of the last 8.6 years)
- Revenue (Sep 2026): ₹514 Cr (+85.6% on a year ago)
- Profit (Sep 2026): ₹26.0 Cr (−68.7% on a year ago)
- Operating margin: 70.0% (−14.0 points on a year ago)
- ROCE: 7%, FY26
- Profit that came in as cash: 302%, last 3 years

The main question: the share price moved −2.7% in a year while yearly earnings per share moved −56.9%. The difference came from the market paying a higher multiple. ## What is the IRB InvIT Fund share price today? IRB InvIT Fund's share price was ₹60.77 at the close on 3 November 2026. It has been rising for 12 weeks. That is 2.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹58 and ₹65, and at that close it sat 40% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row. Over the last 9.5 years the share price moved −40% while the NIFTY 500 moved +170%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at IRB InvIT Fund this quarter? 1. Lowest operating margin in 13 quarters Operating margin was 70% in the September 2026 quarter, against 84% a year earlier. Why: The margin looks lower because the quarter included large extra work and utility shifting asked for by the road authority and billed at cost. That added both revenue and cost but almost no profit. Next results: check whether operating costs drop back toward the Rs 38 crore underlying level after this extra work ends. From the earnings call on 29 Oct 2026. 3. Revenue up on a year earlier for 6 quarters in a row In the September 2026 quarter revenue was ₹514 crore, +85.6% on a year earlier. Why: Revenue rose because the trust added new road projects, so it collected tolls from more roads. Next results: check whether the newly added roads bring in the extra toll money management expects. From the earnings call on 29 Oct 2026. ## What dividend does IRB InvIT Fund pay? The last was a dividend whose amount we could not read, ex-date 3 November 2026. ### IRB InvIT Fund dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 3 Nov 2026 | not readable | Distribution | same day |
| 28 Jul 2026 | not readable | Distribution | same day |
| 20 May 2026 | not readable | Distribution | same day |
| 16 Feb 2026 | not readable | Distribution | same day |
| 18 Nov 2025 | not readable | Distribution | same day |
| 24 Jul 2025 | not readable | Distribution | same day |
| 13 May 2025 | not readable | Distribution | same day |
| 30 Jan 2025 | not readable | Distribution | same day |
| 31 Oct 2024 | not readable | Distribution | same day |
| 31 Jul 2024 | not readable | Distribution | same day |
| 7 May 2024 | not readable | Distribution | same day |
| 5 Feb 2024 | not readable | Distribution | same day |
| 1 Nov 2023 | not readable | Distribution | same day |
| 10 Aug 2023 | not readable | Distribution | same day |
| 19 May 2021 | not readable | Distribution | 20 May 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. We do not print a yield for IRB InvIT Fund: its payouts are trust distributions (interest and capital paid back), not company dividends. Yes. IRB InvIT Fund paid out 126% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 9 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are IRB InvIT Fund's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), IRB InvIT Fund reported revenue of ₹514 crore, up 85.6% from ₹277 crore a year earlier, and a profit of ₹26.0 crore, down 68.7% from ₹83.0 crore. ### IRB InvIT Fund results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹514 crore | ₹277 crore | +85.6% |
| Profit | ₹26.0 crore | ₹83.0 crore | −68.7% |
| Earnings per share | ₹0.16 | ₹1.43 | −88.8% |
| Operating margin | 70.0% | 84.0% | −14.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). IRB InvIT Fund's management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the IRB InvIT Fund share price history? IRB InvIT Fund closed at ₹60.77 on 3 November 2026, down 2.7% from ₹62.48 a year earlier (31 October 2025) and up 6.9% over five years. Its highest weekly close since May 2017 was ₹100.94 on 26 May 2017. ### IRB InvIT Fund share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹60.96 | −0.3% |
| 1 month ago · 1 Oct 2026 | ₹63.80 | −4.7% |
| 6 months ago · 30 Apr 2026 | ₹60.56 | +0.3% |
| 1 year ago · 31 Oct 2025 | ₹62.48 | −2.7% |
| 3 years ago · 3 Nov 2023 | ₹69.43 | −12.5% |
| 5 years ago · 4 Nov 2021 | ₹56.85 | +6.9% |
| Earliest weekly close in our records · 19 May 2017 | ₹100.80 | −39.7% |
| Highest weekly close since May 2017 · 26 May 2017 | ₹100.94 | −39.8% |
| Lowest weekly close since May 2017 · 3 Apr 2020 | ₹27.25 | +123.0% |
| 52-week high (weekly close) · 18 Sep 2026 | ₹65.00 | −6.5% |
| 52-week low (weekly close) · 20 Mar 2026 | ₹57.99 | +4.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (501 weekly closes from 19 May 2017 to 3 November 2026.)

## What is the latest news on IRB InvIT Fund? 3 Nov 2026: ex-date for a distribution dividend. 3 Nov 2026: IRB InvIT Fund closed at ₹60.77, down 0.3% on the week and down 4.7% on the month. ### Earlier

- 29 Oct 2026: IRB InvIT Fund held its results call for July to September 2026. Management guided: H2FY23 DPU ₹3.45 per unit including January to March 2023 ₹1.65, ₹6.7 annualized after rate hikes. - Results for July to September 2026: Revenue up 85.6% and profit down 68.7% on a year earlier. - 28 Jul 2026: ex-date for a distribution dividend. - 20 May 2026: ex-date for a distribution dividend. - 16 Feb 2026: ex-date for a distribution dividend. ## What did IRB InvIT Fund management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, IRB InvIT Fund's management guided: H2FY23 DPU ₹3.45 per unit including January to March 2023 ₹1.65, ₹6.7 annualized after rate hikes. > “Taking these factors together, we do not currently expect the rate environment to have a material impact on the financial position of the Trust.”
> Rushabh Gandhi, on the call for July to September 2026

### What management guided

- Tariff growth 7-8% next year from 40% WPI pass-through plus 3% fixed. - Kaithal traffic normalization over coming quarters as geopolitical drag and monsoon seasonality fade. - Similar-size asset additions expected next year after 6-8 month digestion. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/30576-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.)

## What to watch in IRB InvIT Fund's next results? When IRB InvIT Fund reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: December WPI print for tariff reset - check whether elevated trend sustains into next-year toll revision. - What to check (from the call)
- December WPI print for tariff reset - check whether elevated trend sustains into next-year toll revision. - Kaithal traffic in stronger half - check whether geopolitical and seasonal softness normalizes as expected. - Next-quarter distribution against flagged H2 path - check whether expanded portfolio delivers with new assets contributing. ## Which stock lists is IRB InvIT Fund on? IRB InvIT Fund is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 6432.481397605952](https://www.sectoralpha.in/momentum-stocks-india)

## Is IRB InvIT Fund profitable? IRB InvIT Fund earned ₹26.0 Cr of net profit in the Sep 2026 quarter, −68.7% on the same quarter a year earlier. Full-year FY26 profit was ₹339 Cr. That is 5.1% of the quarter's revenue. The same quarter a year earlier earned ₹83.0 Cr. For the full year, FY26 profit was ₹339 Cr (−4.8% on the year before). Why profit moved: revenue changed +85.6% on a year earlier and the margin moved −14.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −30.2% and revenue +76.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does IRB InvIT Fund make, and is it growing? IRB InvIT Fund reported ₹514 Cr of revenue in the Sep 2026 quarter, +85.6% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. The last full year, FY26, came in at ₹1,485 Cr. The last four reported quarters add to ₹1,984 Cr. A growth rate over several years is not shown, because there are too few years of figures to work one out properly. FY26 revenue was ₹1,485 Cr, +37.0% on the year before. Is growth speeding up? Revenue over the last 12 months grew +76.4%, against +35.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −28.8%, against −13.8% a year (rolling over). ## How much of every ₹100 of sales does IRB InvIT Fund keep? IRB InvIT Fund's operating margin was 70.0% in the Sep 2026 quarter, 14.0 percentage points lower than the same quarter a year ago. Across 9 years it has been between 56.0% and 83.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −13.8 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is IRB InvIT Fund's profit turning into cash? Over the last 3 years, 302% of IRB InvIT Fund's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,275 Cr of operating cash against ₹339 Cr of profit. After ₹9,065 Cr of spending on assets, free cash was −₹7,790 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 302% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 10.5× depreciation over three years. The next section checks what that spending is building. ## Where does IRB InvIT Fund's cash go? IRB InvIT Fund's cash cycle, the days between paying suppliers and getting paid by customers, was 0 days in FY26, down from 0 days in FY21. It spent ₹9,060 Cr on assets over the last 3 years. At FY26 sales of ₹1,485 Cr, each day of that cycle ties up about ₹4.1 Cr, so roughly ₹0.0 Cr is tied up in the business at any time. Spending on assets: ₹9,060 Cr over the last 3 years, against ₹864 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is IRB InvIT Fund's P/E ratio, and how does it compare with its own history? IRB InvIT Fund's P/E is 23.5×, near the high end of its own history: higher than 95% of past readings. Its usual P/E (the middle reading) is 12.8×, over 8.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹2.00. Why the multiple is where it is: over the past year earnings per share moved −56.9% while the price moved −2.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +1.3% a year; about −20.3% a year came from earnings growth and about +21.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the IRB InvIT Fund business getting better or worse? IRB InvIT Fund's business is getting worse. Profit and EPS growth are shrinking: profit growth is −28.8% in the latest quarter, against +7.6% at its best in 12 quarters, with ROCE steady at 7.0%. This is based on 9 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does IRB InvIT Fund earn on its capital? IRB InvIT Fund earned a ROCE of 7% in FY26. That is up from a low of 5% in FY19. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 22.8% net margin and 0.06× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 22.8% net margin × 0.06× asset turnover × 2.81× leverage (assets divided by equity) ≈ 3.8% on equity. The margin does most of the work; borrowing is a big part of it. ## Does IRB InvIT Fund have too much debt? IRB InvIT Fund had ₹9,361 Cr of borrowings against ₹8,175 Cr of equity in FY26, so its debt is 1.15× its equity. Its operating profit is 2 times its interest bill. Over 5 years borrowings went from ₹1,899 Cr to ₹9,361 Cr. Over the last 3 of those years it spent ₹9,060 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the IRB InvIT Fund shareholding pattern? Only one quarter of IRB InvIT Fund's shareholding is on file so far, so there is no change to read yet. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. ## How far is IRB InvIT Fund from balance-sheet trouble? For IRB InvIT Fund, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does IRB InvIT Fund rank in its industry? 40.3 out of 100, rank 5 of 9 in Infrastructure Investment Trusts, with 67% of the evidence available. IRB InvIT Fund scores 40.3 out of 100 against the 9 companies it is compared with in Infrastructure Investment Trusts, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.1 + 11.4 + 5.7 + 7.1 = 40.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is IRB InvIT Fund compared with? IRB InvIT Fund ranks 5 of 9 Infrastructure Investment Trusts companies on the 4-Factor Sector Score, with 40.3 out of 100. 1. [Altius Telecom Infrastructure Trust](https://www.sectoralpha.in/stocks/altius-telecom-infrastructure-trust) breaking out · Too little evidence to rank firmly · 58% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Income 9.8% · Profit 52.3% · 45% evidence Capital efficiency 17.1/25 · ROA 4.5% · ROE 8.1% · GNPA n/a · 68% evidence Valuation 6.0/20 · P/BV 4.63× · P/BV÷ROE 0.57 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 14.4% · 1 year 16% · 25% evidence · 6 of 11 weeks ahead Exact sum: 19 + 17.1 + 6 + 12 = 54.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Powergrid Infrastructure Investment Trust](https://www.sectoralpha.in/stocks/powergrid-infrastructure-investment-trust) PGINVIT · leader · Evidence leans up · 82% evidence 50.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.1/35 · Income -0.6% · Profit -22% · 71% evidence Capital efficiency 9.8/25 · ROA -2.2% · ROE 11.9% · GNPA n/a · 68% evidence Valuation 14.8/20 · P/BV 1.24× · P/BV÷ROE 0.1 · 100% evidence Relative strength 18.9/20 · Lead over its industry 5% · Lead over NIFTY 500 13.7% · 1 year 6.1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 7.1 + 9.8 + 14.8 + 18.9 = 50.6 · What this means: Relative strength against the index is 13.7%, and revenue and profit growth are weak. 3. [National Highways Infra Trust](https://www.sectoralpha.in/stocks/national-highways-infra-trust) NHIT · breaking out · Evidence leans up · 64% evidence 50.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Income 61.6% · Profit 100% · 45% evidence Capital efficiency 10.8/25 · ROA n/a · ROE 3% · GNPA n/a · 34% evidence Valuation 5.0/20 · P/BV 1.38× · P/BV÷ROE 0.46 · 100% evidence Relative strength 10.4/20 · Lead over its industry 1.8% · Lead over NIFTY 500 10% · 1 year 19.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.4 + 10.8 + 5 + 10.4 = 50.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [IndiGrid Infrastructure Trust](https://www.sectoralpha.in/stocks/indigrid-infrastructure-trust) INDIGRID · turning · Evidence leans down · 73% evidence 46.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.7/35 · Income 51% · Profit 63.3% · 45% evidence Capital efficiency 16.4/25 · ROA 4.6% · ROE 7.2% · GNPA n/a · 68% evidence Valuation 5.1/20 · P/BV 2.63× · P/BV÷ROE 0.36 · 100% evidence Relative strength 2.4/20 · Lead over its industry -4.7% · Lead over NIFTY 500 3.4% · 1 year -2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.7 + 16.4 + 5.1 + 2.4 = 46.6 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 5. IRB InvIT Fund this page IRBINVIT · leader · Evidence leans down · 67% evidence 40.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Income 76.4% · Profit -28.8% · 52% evidence Capital efficiency 11.4/25 · ROA n/a · ROE 5.1% · GNPA n/a · 34% evidence Valuation 5.7/20 · P/BV 0.95× · P/BV÷ROE 0.19 · 100% evidence Relative strength 7.1/20 · Lead over its industry -3.4% · Lead over NIFTY 500 4.7% · 1 year -1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 16.1 + 11.4 + 5.7 + 7.1 = 40.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Sustainable Energy Infra Trust](https://www.sectoralpha.in/stocks/sustainable-energy-infra-trust) SEITINVIT · Too little evidence to rank firmly · 33% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/43.75 · Income n/a · Profit 16.1% · 30% evidence Capital efficiency 16.2/31.25 · ROA n/a · ROE 10.1% · GNPA n/a · 34% evidence Valuation 17.3/25 · P/BV 1.22× · P/BV÷ROE 0.12 · 70% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.5 + 16.2 + 17.3 = 56 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Shrem InvIT](https://www.sectoralpha.in/stocks/shrem-invit) SHREMINVIT · Too little evidence to rank firmly · 44% evidence 51.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/43.75 · Income -15.3% · Profit -25.4% · 45% evidence Capital efficiency 19.3/31.25 · ROA n/a · ROE 13.3% · GNPA n/a · 34% evidence Valuation 19.2/25 · P/BV 1.03× · P/BV÷ROE 0.08 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 12.9 + 19.3 + 19.2 = 51.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Cube Highways Trust](https://www.sectoralpha.in/stocks/cube-highways-trust) CUBEINVIT · breaking out · Too little evidence to rank firmly · 46% evidence 45.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.3/35 · Income 20.4% · Profit 100% · 52% evidence Capital efficiency 8.2/25 · ROA n/a · ROE 1.4% · GNPA n/a · 34% evidence Valuation 3.5/20 · P/BV 2.29× · P/BV÷ROE 1.66 · 70% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 7.2% · 1 year 11.5% · 25% evidence · 5 of 12 weeks ahead Exact sum: 23.3 + 8.2 + 3.5 + 10.3 = 45.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [NDR INVIT Trust](https://www.sectoralpha.in/stocks/ndr-invit-trust) NDRINVIT · breaking out · Too little evidence to rank firmly · 43% evidence 43.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Income 26.2% · Profit -17% · 45% evidence Capital efficiency 10.3/25 · ROA n/a · ROE 2.5% · GNPA n/a · 34% evidence Valuation 4.3/20 · P/BV 1.55× · P/BV÷ROE 0.63 · 70% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 18.7% · 1 year 21.3% · 25% evidence · 8 of 10 weeks ahead Exact sum: 16.6 + 10.3 + 4.3 + 12.5 = 43.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Infrastructure Investment Trusts](https://www.sectoralpha.in/sectors/infrastructure-investment-trusts), all 9 compared on one page. ## Which companies are close to IRB InvIT Fund in size? IRB InvIT Fund is the 7th largest of 9 Infrastructure Investment Trusts companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Cube Highways Trust, IndiGrid Infrastructure Trust, Powergrid Infrastructure Investment Trust and NDR INVIT Trust. Just below it: Shrem InvIT and Sustainable Energy Infra Trust. ### Infrastructure Investment Trusts companies close in size

1. [Cube Highways Trust](https://www.sectoralpha.in/stocks/cube-highways-trust) ₹20,286 crore
2. [IndiGrid Infrastructure Trust](https://www.sectoralpha.in/stocks/indigrid-infrastructure-trust) ₹19,163 crore
3. [Powergrid Infrastructure Investment Trust](https://www.sectoralpha.in/stocks/powergrid-infrastructure-investment-trust) ₹9,417 crore
4. [NDR INVIT Trust](https://www.sectoralpha.in/stocks/ndr-invit-trust) ₹6,779 crore
5. IRB InvIT Fund ₹6,312 crore
6. [Shrem InvIT](https://www.sectoralpha.in/stocks/shrem-invit) ₹6,176 crore
7. [Sustainable Energy Infra Trust](https://www.sectoralpha.in/stocks/sustainable-energy-infra-trust) ₹3,969 crore

[All 9 Infrastructure Investment Trusts companies, largest first](https://www.sectoralpha.in/sectors/infrastructure-investment-trusts#all-companies)

### Companies close in size in other industries

1. [Gokul Agro Resources Ltd](https://www.sectoralpha.in/stocks/gokul-agro-resources-ltd) ₹6,329 crore · Edible Oils, Agro Processing
2. [Jyothy Labs Ltd](https://www.sectoralpha.in/stocks/jyothy-labs-ltd) ₹6,313 crore · FMCG - Personal Care
3. IRB InvIT Fund ₹6,312 crore
4. [Newgen Software Technologies Ltd](https://www.sectoralpha.in/stocks/newgen-software-technologies-ltd) ₹6,305 crore · IT Product Companies
5. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) ₹6,273 crore · IT - Software

## What else do people ask about IRB InvIT Fund? ### What is IRB InvIT Fund's share price today? IRB InvIT Fund's share price is ₹60.77, −2.7% over the past year. The whole company is worth ₹6,207 Cr on the market. In the last 52 weeks it traded between ₹58 to ₹65; today it is 40% of the way up from the low, 2.5% below its 200-day average (as of 3 November 2026). ### What were IRB InvIT Fund's latest quarterly results? IRB InvIT Fund reported revenue of ₹514 Cr and net profit of ₹26.0 Cr for the Sep 2026 quarter. Revenue rose 85.6% and profit fell 68.7% compared with a year earlier. Earnings per share were ₹0.16. The operating margin was 70.0%, 14.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is IRB InvIT Fund's market cap? IRB InvIT Fund's market capitalisation is ₹6,207 Cr at a share price of ₹60.77. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is IRB InvIT Fund performing? IRB InvIT Fund's share price has been rising for 12 weeks. In its latest quarter, revenue rose 85.6% and profit fell 68.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 15 weeks running (as of 3 November 2026). ### Will IRB InvIT Fund's share price go up? This page does not forecast IRB InvIT Fund's share price. What it shows instead: the share price is ₹60.77, and it has been rising for 12 weeks. Its P/E of 23.5× is higher than 95% of its own last 9 years (as of 3 November 2026). ### Where is IRB InvIT Fund in its business cycle? IRB InvIT Fund's FY26 operating margin was 79.0%, against a 9-year range of 56.0% to 83.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 70.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the IRB InvIT Fund story? The main question: the share price moved −2.7% in a year while yearly earnings per share moved −56.9%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is IRB InvIT Fund a stock worth studying right now? What the numbers show: IRB InvIT Fund's share price has risen faster than its earnings: −2.7% in a year, against −56.9% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a IRB InvIT Fund share price forecast for 2026? What management itself guided: H2FY23 DPU ₹3.45 per unit including January to March 2023 ₹1.65, ₹6.7 annualized after rate hikes. ## Lists

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