IRB Invit Fund has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2025-26 is 20/05/2026
Awaiting price reaction for this filing.
IRB InvIT Fund reported FY 2025-26 annual results with total income of Rs. 15,817.49 million (up from Rs. 11,102.43 million in FY 2024-25), driven by robust toll revenue growth across its portfolio of 12 subsidiaries including 4 newly added entities. Profit after tax declined to Rs. 3,386.14 million from Rs. 3,555.84 million in the prior year, primarily due to near-doubling of finance costs to Rs. 5,190.58 million (from Rs. 2,942.63 million), reflecting increased debt taken on for acquisitions. EPS dropped from Rs. 6.13 to Rs. 3.78 per unit. The Board declared a 4th distribution of Rs. 1.60 per unit (Rs. 1.44 interest, Rs. 0.12 return of capital, Rs. 0.04 dividend), with record date May 20, 2026. NAV per unit stands at Rs. 81.26 as per independent valuation by KPMG. Total assets grew significantly to Rs. 2,29,810.21 million, partly due to new SPV acquisitions.
PAT declined year-over-year despite higher revenue, and surging finance costs signal margin pressure. The distribution at Rs. 1.60/unit offers ~2% yield at current levels. NAV of Rs. 81.26 is below the unit's likely market price, indicating a premium valuation.