Name of the Student- Avinash Rajendra Pawar

Chapter no: 01
Expected Date of Submission: 12 – June
Actual Date Of Submission: 12 - june
Use Times New Roman and Justify and title and Heading should be in bold
CHAPTER NO:1

List the companies :

Sr No Name of the BSE NSE Sector Website
Company Code Code

01 GMR INFRA 532754 GMRI- Infrastructure www.gmrgroup.in

FRA general

02 IRB INFRA 532947 IRB Infrastructure www. Irb.co.in

general

03 TECHNO 542141 TECH- Infrastructure www. Techno.co.in

ELECTRIC NOE general

04 HCC 540005 HCC Infrastructure www.hccindia.com

INFRA. general

Reason for Selection (As Discussed)

• IRB INFRA
Sector – Infrastructure general
I have selected this IRB INFRA company because The infra sector has remained tepid for the last two years
and fall in discretionary spending is the key reason for the same. On the contrary, the BPO industry is
expanding at a swift pace compared to the IT services sector which is yet to revive from the financial crisis
turmoil way back in 2008.NASSCOM revised the growth guidance lower for IT software companies to 7% -
9% for FY13 and 12-14% for FY14. An increase in discretionary spending by clients especially in America and
Europe will further revive the sector. Recent survey of US and European companies signals the prospects of
business outlook improving in next one year which eventually will allow the companies to ramp up
CHAPTER NO: 2
Objectives of the research project study:
The Group today has 213GMR group is one of the leading players in the power sector of India with more than
4400 MW of installed capacity. However GMR Infra's stake in GMR Energy Chhattisgarh was acquired by
ADANI Power on 4 July 2019\5 MW in operation and 5043 MW under various stages of implementation with
a diversifie,

Vission ,mission and values

Vision To become indias largest, most admire, trustworthy,respected and stakeholder friendly
organization, commited to develop safe and comfortable roads and highway infrastructure for the
nation.
Mission
To create the comprehensive network of world class roads and highway infrastructure in india that
will bring cities and citizen more closer ,share and exchange the values to ensure socio-economic and
cultural development of the nation.

Values
1.quality ,reliability and safty
2.morality and ethics
3.ownership and stability
4.transpearency
5.overall growth
CHAPTER NO 3
About the organization
IRB Infrastructure Developers Limited, formerly IRB Infrastructure Developers Private Limited is an Indian
highway construction company  headed by Virendra Dattatraya Mhaiskar which was incorporated in 1998, with
its headquarter in Mumbai. It is part of the IRB Group. IRB Infrastructure, which executed the country's first
build-operate-transfer (BOT) road project, is one of the largest operators of such ventures. Currently it has
about 3,404 lane Km operational and about 2,330 lane Km under development. Among its notable projects are
the Mumbai Pune Expressway and the Ahmedabad Vadodara Expressway[2][6] In 2012, IRB acquired Tamil
Nadu based BOT Road builder MVR Infrastructure and Tollways for  1.30 billion.

Establishment
IRB established in 1980 .in current scanerio this company grown in the infrastructure sector . irb construction
company  headed by Virendra Dattatraya Mhaiskar which was incorporated in 1998, with its headquarter in
mubai.

Promoter-:

IRB Infrastructure Developers Limited is a road build–operate–transfer (BOT) operator. The Company's
principal activity is the construction and maintenance of roads. Its business segments include Road
Infrastructure Projects .The promoter of IRB group is virendra D Mhaiskar’

Registered office-
Address Office No. 1101, 11th Floor, Hiranandani Knowledge Park,,Technology
Street, Hill Side Avenue,

City Mumbai
State Maharashtra

Pin code 400076

Tel. no 022-67336400

Fax no 022-40536699

Email info@irb.co.iInternet

Internet http://www.irb.co.in

Listing
Senex Yes
Nifty Yes
 Bse 200 No
Cnx midcap No

Organisation Structure-

Type Public company

Traded as  NSE: IRB
 BSE: 532947

Industry Conglomerate

Founded 27 July 1998

Headquarter IRB Complex, Andheri

s
(East), Mumbai ,India

Key people VirendraDattatrayaMhaiskar

(Chairman & MD)
Sudhir Rao Hoshing
(Joint MD)
Ajay Deshmukh
(CEO)
Anil Yadav
(CFO)

Awards and accolades of thecompany:

1. Corporate Social Responsibility Program of the Year and Fastest Growing Tech Companyof
the Year
2. Mobile Marketing Campaign of the Year
3. Human Resources Department of the Year
4. Corporate Social Responsibility Program of the Year
5. Fastest Growing Tech Company of the Year
6. Mobile Marketing Campaign of the Year
7. Human Resources Department of the Year
.
 Name of the Student: Avinash Pawar

CHAPTER NO: 4
Product Profile of the Company

Visit the Company website and write down the all the products/Services available on the
company website as

IRB Infrastructure Developers Limited, formerly IRB Infrastructure Developers Private Limited is an Indian
highway construction company[2] headed by Virendra Dattatraya Mhaiskar which was incorporated in 1998,
with its headquarter in  mumbai It is part of the IRB Group. IRB Infrastructure, which executed the country's
first build-operate-transfer (BOT) road project, is one of the largest operators of such ventures.[4]Currently it
has about 3,404 lane Km operational and about 2,330 lane Km under development.[5] Among its notable
projects are the Mumbai Pune Expressway and the Ahmedabad Vadodara Expressway In 2012, IRB acquired
Tamil Nadu based BOTRoad builder MVR Infrastructure and Tollways for 1.30 billion

IRB Infrastructures executed India's first ever BOT (Build-Operate-Transfer) project, i.e., the Thane-Bhivandi
Bypass. Over the years, BOT became their strength, and turned into one of the largest BOT portfolios
(operational projects and projects under construction) in the country with a total length of around 12,000-lane
km. In its kitty, IRB has difficult projects like 4-lanning of Goa-Karnataka border, Kundapur section of NH17,
Agra-Etawah Bypass project,[9] Udaipur-Rajasthan NH8 project,[10] Kaithal to Rajasthan NH152 project,
[11] etc. [12]

Mumbai-Pune Expressway
IRB Infrastructure acquired the Mumbai-Pune Expressway and the Mumbai-Pune National Highway, which
was concluded under the supervision of Maharashtra State Road Development Corporation (MSRDC).
Chittorgarh And Gulabpura (six-laning project) (NH 79)
IRB achieved financial closure for its BOT project from Chittorgarh and Gulabpura. The project is an
expansion of the 124.87-km section on NH79, converting from a four-lane to six-lane expressway. The
concession period of this project is 20 years from the appointed date, including 910 days of construction,
creating smoother transit.[15]The total funding for the project by company will be 6.9 billion and by SPV
(Special Public Vehicle) tied banks will be 14 billion.[16]

Kaithal Rajasthan Project (NH 65)

IRB Infrastructure developed the Kaithal-Rajasthan project (NH65). The 166.26 km-long highway became
operational in 2017, and has 20.90 km service road, 18 pedestrian underpass, 5 vehicular underpass, 5 flyovers,
13 small bridges, 71 intersections, 241 culverts and railway over bridge. The cost of production for project was
22.9 billion, including a viability gap funding of Rs2.34 billion.[17]
Ahmedabad -VadodaraEdit
On July 2011, IRB Infrastructure signed an agreement to develop a 102.3 km section in the Ahmedabad-
Vadodara NH8 into 6 lanes from the existing 2 lanes. The project also included improvement of 93.302 km
section of existing Ahmedabad – Vadodara Expressway (NE 1), on a Design Building Finance Operate and
Transfer (DBFOT) basis.[18][19]

HAM Projects
Chapter no 5

Sr
Particular Defination Value
No

It is calculated by multiplying the total number of a company's

Market Cap
1 outstanding shares by the current market price of one share. 769,126.29
(Rs Cr.)

The price-to-earnings ratio (P/E ratio) is the ratio for valuing a

company that measures its current share price relative to its per-
2 P/E 23.17
share earnings (EPS).

An asset's book value is equal to its carrying value on the balance

Book Value sheet, and companies calculate it netting the asset against its
3 198.19
(Rs) accumulated depreciation.

A dividend is the distribution of a portion of the company's

earnings, decided and managed by the company’s board of
4 Dividend 7300.00
directors, and paid to a class of its shareholders.

Industry PE ratio can be calculated dividing its market

capitalisation by its totalnetprofit.........It means the stock priceis
5 Industry P/E 19.22
much higher than its actual growth potential.

Earnings per Share is usually abbreviated as EPS and the “ttm”

that follows stands for Trailing Twelve Months. This means that
6 EPS (TTM) EPS (ttm) is the total earnings or profits the company has made 88.64
over the last 12 months.

Participation certificates (PC)

Used in the context of general equities. Investments representing
an interest in a pool of funds or in other instruments, such as
7 P/C 21.43
foreign securities, that allow participation in the rise or fall of a
security or group of securities.

The price-to-book ratio, or P/B ratio, is a financial ratio used to

compare a company's current market price to its book value. The
calculationcanbeperformedintwoways,buttheresultshouldbe the
8 Price/Book same each way. In the first way, the company's 10.36
marketcapitalization can be divided by the company's total book
value fromits
.

Income statement
Quarterly | Half Yearly | Nine Months | Annual

MAR MAR MAR MAR MAR

2020 2019 2018 2017 2016

Sales 6,852.22 6,707.02 5,694.10 5,845.94 5,127.95

Other Income 194.96 195.60 168.67 123.17 127.16

Total Income 7,047.18 6,902.62 5,862.77 5,969.11 5,255.11

Total Expenditure 4,291.74 4,309.23 3,432.09 3,652.44 3,321.03

EBIT 2,755.44 2,593.39 2,430.68 2,316.67 1,934.09

Interest 1,564.36 1,120.06 966.67 1,332.73 1,063.92

Tax 454.37 623.36 544.35 268.52 230.63

Net Profit 736.71 849.97 919.66 715.42 639.54

4.5

3.5

2.5 SALES
NET PROFIT
2

1.5

0.5

0
Mar-17 Mar-18 Mar-19 Category 4
  Interpretation:

From the above graph we come to know that Net profit of the company has increased as compared to
the past several years. And also sales as well. If we analyze Net profit and sales of the company has
increased in 2020 as compared to2019.

 Keyword Defined:

A) Net Profit:-

Netprofit,alsocallednetearnings,netincomeandinformally‘thebottomline’,iscalculatedbyadding up a
business’ total expenses, and subtracting that from Its revenue –this shows what the Company has
either gained or lost over a specific accounting period, which could be one month, one quarter, six
months, or one year

B) Sale:-

A sale is a transaction between two or more parties in which the buyer receives tangible or intangible
goods, services, and/or assets in exchange for money.

Balance Sheet-:
Equities & MAR 2020 MAR 2019 MAR 2018 MAR 2017 MAR 2016
Liabilities

Share Capital 351.45 351.45 351.45 351.45 351.45

Reserves & Surplus 6,331.43 5,963.70 5,341.07 4,920.15 4,484.84

Current Liabilities 12,809.15 6,154.01 7,218.68 13,319.92 3,266.59

Other Liabilities 20,396.13 28,026.92 27,492.01 28,049.35 34,063.07

Total Liabilities 39,888.16 40,496.08 40,403.21 46,640.87 42,165.95

Assets

Fixed Assets 28,065.74 36,731.97 36,711.52 31,082.62 39,056.58

Current Assets 4,517.60 2,883.04 2,516.59 14,936.05 2,541.12

Other Assets 7,304.82 881.07 1,175.10 622.20 568.25

Total Assets 39,888.16 40,496.08 40,403.21 46,640.87 42,165.95

Contingent 0.00 853.30 1,106.27 632.01 1,697.62

Liabilities

Graph
 6

T.laIbility
3
T.asset
Series 3
2

0
m Mar-19 Mar-18 Mar-17

 Keyword Defined:
1. Asset:
An asset is anything of monetary value owned by a person or business.

2. Liability:
A liability is typically an amount owed by a company to a supplier, bank, lender, or
other provider of goods, services, orloans.
3. Capital:
 Capital refers to the financial resources that businesses can use to fund their operations like cash,
machinery, Interpretation after the Graph:
From the above chart we can analyze that every year company liabilities and assets have increased as
the same proportion.
equipment and other resources. These are the assets that allow the business to produce a product or
service to sell to customers.
4. Share Capital:
Share capital is the money a company raises by issuing common or preferred stock. The amount of
share capital or equity financing a company has can change over time with additional public offerings.
5. Reserve and Surplus :
Reserve and surplus means

Cash Flow
 Mar 2019 Mar 2018 Mar 2017 Mar 2016

Operating 2,339.87 2,709.94 2,132.33 3,192.05

Activities

Investing -3,143.98 -4,081.38 -2,621.47 -2,980.95

Activities

Financing 670.89 1,437.57 410.16 -201.63

Activities

Others 0.00 0.00 0.00 0.00

Net Cash -133.22 66.13 -78.98 9.47

Flow

0
Mar-16 Mar-17 Mar-17 Category 4

 Interpretation:
In this graph we can come to know that we see lots of flexibility in the cash flow. The cashflow is
increasing till year 18 but in year 19 the cashflow was also increase

Keyword Defined:
1. Cash Flow:

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business.
At the most fundamental level, a company’s ability to create value for shareholders is determined by

its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.
 1. Net Cash Flow:

Net cash flow is a profitability measurement that represents the amount of money produced

or lost during a period by calculating the difference between cash inflows from outflows.

2. OperatingActivities:

Operating activities are the functions of a business directly related to providing its goods

and/or services to the market. These are the company's core business activities, such as

manufacturing, distributing, marketing, and selling a product or service

3. Investing Activities:

Cash flow from investing activities is one of the sections on the cash flow statement that reports

how much cash has been generated or spent from various investment-related activities in a

specific period. Investing activities include purchases of physical assets, investments in

securities, or the sale of securities or assets.

4. Financial Activities:

The financing activity in the cash flow statement focuses on how a firm raises capital and pays it

back to investors through the capital markets. ... Receiving cash from issuing stock or spending

cash to repurchase shares. Receiving cash from issuing debt or paying down debt. Paying cash

dividends to shareholders.
Ratio
Per Share Ratios MAR 2020 MAR 2019 MAR 2018 MAR 2017 MAR 2016

Basic EPS (Rs.) 20.51 24.18 26.17 20.36 18.18

Diluted Eps (Rs.) 20.51 24.18 26.17 20.36 18.18

Book Value [Excl. 190.15 179.69 161.97 150.00 138.62

Reval Reserve]/Share
(Rs.)

Dividend/Share (Rs.) 5.00 2.50 5.00 5.00 4.00

Face Value 10.00 10.00 10.00 10.00 10.00

Interpretation:

In this graph we can come to know that we see lots of flexibility in the per share ratio From
above chart earning per share, Diluted EPS, Dividend share face value .
 Keyword Defined-
1. BasicEPS:
Basic earnings per share is a financial ratio that measures net income earned by or available
to each common stockholder. The basic earnings per share ratio is often called earnings per
share, EPS, and net income per share.
Diluted EPS:

-Diluted earnings per share (diluted EPS) calculates a company's earnings per share if all
convertible securities were converted. Dilutive securities aren't common stock, but instead
securities that can be converted to common stock.

Per ShareRatio:

Earning per share (EPS), also called net income per share, is earning per share measures the
amount of net income earned per share of stock outstanding.
5.2.5.1Net Worth:

Networth is the difference between a company's total assets and its total liabilities. It is also
known as shareholder`s equity.
2. Net Sales:
Sales is the total amount of products or services sold by the company.
5.2.5.3 EBITDA, PBT & PAT

EBITDA is an acronym for Earnings Before Interest, Taxes, Depreciation, and

Amortization. PBT stands for Profit Before Tax, and PAT stands for Profit After Tax.
The graph visually shows how the net profit of the company stand reduced due to the
impact of Interest, Depreciation, and Tax.

Name of the student-: Avinash rajendra pawar

CHAPTER NO -6

Definition of CSR-

CHAPTER NO 6

CSR & GOVERNACE

CSR -

Corporate social responsibility (CSR) is self regulating business model that’s help a company be social
accountable to it self ,its stakeholder and thr public.

Corporate governance –

Corporate governance is the structure of the rules ,practice and process used to direct and manage the
company .the companies board of director is the primary force influencing

CSR Activity of company-

Headed by virendra d. mahiskar  also provides merit-based scholarship by donating funds to the
educational and social institutes to promote education.
Other than working for the promotion of education, the company also comes up with various healthcare
initiatives to focus on the welfare of the employees and their families at the time of need, ensuring
constant support to them.

IRB also extends financial aid by introducing medical insurance schemes for the employees and bears the
premium of the same.

IRB Infra has offered state-of-the-art mobile diagnostic center for cancer screening, mammography and
vision restoration in the rural areas of Thane district.

Additionally, the company contributes for the provision of sanitation facilities by focusing on promoting
health and hygiene as an initiative towards preventive healthcare as well. It also provides funds to various
institutions offering primary and advanced healthcare facilities to the public.

Apart from education and healthcare, IRB Infrastructure focuses on promoting talented sports personals
and artists by offering financial aid to them.

The company organizes annual calendars, whereby original paintings of artists from Sir J. J. School of
Arts, Mumbai are sold at private auctions. The fund raised from the auction is used for promoting
upcoming talented artists.

IRB Infra has also contributed towards the chief minister’s drought relief fund in Maharashtra. It has
supported community development projects like building girls’ toilets in municipal school in Thane.
Name of the Student- Avinash pawar
CHAPTER NO: 7

NATIONAL AND GLOBAL LISTING

STATUS.

7.1 Listing:

Whether The Company Forms A Part Of The Following Indices-

Sensex Yes

Nifty Yes

BSE-100 Yes

BSE-200 Yes

S&P CNX 500 Yes

CNX Midcap No