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IRB

NSEConstructionCap: ₹18998.69 Cr

IRB Infrastructure Developers Ltd.

-24.9%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:
  • Debt Ratio: 97.33% exceeds limit 33.0%.
  • Impure Revenue: Non-permissible income 5.55% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹18998.69 Cr
P/E Ratio
19.9x
P/B Ratio
0.9x
52W High
₹23.95
52W Low
₹15.68
Div. Yield
127.00%
Shares O/S
1207.80 Cr

Where Does the Money Come From?

Revenue breakdown for IRB Infrastructure Developers Ltd.

Core Construction OperationsPermissible Operating Activity

Permissible: Core operations in Construction.

94.4%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

5.6%of Total Revenue
About IRB Infrastructure Developers Ltd.

Permissible: Core operations in Construction.

Interest-Bearing Debt Ratio
97.33%Max: ≤ 33.0%
Cash & Securities Liquidity
8.96%Max: ≤ 33.0%
Impure Revenue Ratio
5.55%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Halal Alternatives in Construction

Can't invest in IRB? Consider these instead

AAOIFI Verified
RITES

RITES Ltd.

HalalPurification: 3.07%
NBCC

NBCC (India) Ltd.

HalalPurification: 3.1%
ENGINERSIN

Engineers India Ltd.

HalalPurification: 2.57%

Purification & Zakat Calculator

Calculate how much to donate for IRB

⚠️ Note: IRB is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.