IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Nov 7, 2024

November 7, 2024

To,

Corporate Relationship Department, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G Dalal Street, Mumbai 400 001. Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Dear Sir,

Ref.: Scrip Code: 532947, Symbol: IRB

Subject: Toll Revenue for October 2024 (Reg 30 of SEBI LODR)

Please find enclosed Project-wise toll revenue for the Month of October 2024 for the subsidiaries & Joint venture entities of the Company.

Please find enclosed a press release in this regard.

Kindly take the same on record.

For IRB Infrastructure Developers Limited

MEHULKUMAR Digitally signed by MEHULKUMAR NATWARLAL NATWARLAL PATEL PATEL Date: 2024.11.07 19:35:12 +05'30'

Mehul Patel Company Secretary

IRB Infrastructure Developers Limited

Gross Toll collection

Toll Collection increase ~ 21% on Y-o-Y basis

Toll Collection increase ~ 21% on Y-o-Y basis	Toll Collection increase ~ 21% on Y-o-Y basis	Toll Collection increase ~ 21% on Y-o-Y basis	Toll Collection increase ~ 21% on Y-o-Y basis	Toll Collection increase ~ 21% on Y-o-Y basis
(Rs.in millions)
Sr. No.	Company Name	October, 24	October, 23	Relationship with entities
1	IRB MP ExpresswayPvtLimited	1,426	1,409	Wholly-owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express Tollway Private Limited	662	581
3	CG Tollway Limited	327	318	Joint Ventures - Entities under- IRB Infrastructure Trust (Pvt. InvIT)
4	Udaipur Tollway Limited	264	251
5	Palsit Dankuni Tollway Private Limited	123	123
6	AE Tollway Limited	223	215
7	Yedeshi Aurangabad Tollway Limited	200	192
8	IRB Hapur MoradabadTollwayLimited	291	268
9	Kaithal Tollway Limited	116	127
10	Kishangarh Gulabpura Tollway Limited	210	206
11	IRBWestcoastTollwayLimited	119	110
12	Solapur Yedeshi Tollway Limited	98	88
13	IRB Golconda Expressway Private Limited	670	589
14	Samakhiyali Tollway Private Limited*	127	-
15	IRB Lalitpur Tollway Private Limited**	360	-
16	IRB Kota Tollway Private Limited**	71	-
17	IRB Gwalior Tollway Private Limited**	109	-
		5,396	4,478	21%

*The Project SPV has received the Appointed Date from NHAI & Toll Collection commenced from December 28, 2023.

**The Project SPVs has received the Appointed Date from NHAI & Toll Collection commenced from April 01, 2024.

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Press Release

IRB Infra & IRB Infrastructure Trust (Private InvIT)) collectively report ~21% rise in the Toll Collection for October 2024 on Y-o-Y basis

• October 2024 toll collection is Rs.5,396 Mn vs Rs. 4,478 Mn in October 2023

Mumbai, November 7, 2024: IRB Infrastructure Developers Ltd and IRB Infrastructure Trust (Private InvIT) have collectively registered robust Y-o-Y growth of ~21% in the toll collection for the first month of Q3FY25, i.e., October 2024.

The aggregate toll collection for the month under review is Rs.5,396 Mn, as against Rs. 4,478 Mn in the corresponding month of FY24, i.e., October 2023.

Commenting on the occasion, Shri Amitabh Murarka, Dy CEO of the Company said, “Following a good first half in FY25, the third quarter has begun on a strong footing, marked by robust toll collection growth in October 2023. We expect this positive trend to continue, driven by the festive season and increased holiday travel.”

The toll collection details Project and SPV wise are as follows:

Sr. No	Company Name	October 2024 (Rs. In Mn)	October 2023 (Rs. in Mn)	Relationship with Entities
1	IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4)	1,426	1,409	Wholly – owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express Tollway Pvt. Limited (Ahmedabad Vadodara Expressway NE1 & Highway NH48)	662	581
3	CG Tollway Limited (Chittorgarh to Gulabpura NH79)	327	318	Joint Ventures Entities under the IRB Infrastructure Trust (Private InvIT)
4	Udaipur Tollway Limited (Udaipur to Shamlaji NH48)	264	251
5	Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19)	123	123
6	AE Tollway Limited (Agra to Etawah NH19)	223	215
7	Yedeshi Aurangabad Tollway Limited (Yedeshi to Aurangabad NH211)	200	192
8	IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH 9)	291	268
9	Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65)	116	127
10	Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79)	210	206

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Press Release

11	IRB Westcoast Tollway Limited (Karwar to Kundapura NH66)	119	110
12	Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211)	98	88
13	IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road)	670	589
14	Samakhiyali Tollway Private Limited (Samakhiyali to Santalpur NH27)	127	-
15	IRB Lalitpur Tollway Private Limited (Lalitpur Lakhnadon NH44– TOT 12)	360	-
16	IRB Kota Tollway Private Limited (Kota Bypass– TOT 13)	71	-
17	IRB Gwalior Tollway Private Limited (Jhansi Gwalior NH44–TOT 13)	109	-
	Total	5,396	4,478

About IRB Infrastructure Developers Ltd:

IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in Roads & Highways segment. The Company has acquired ISO Certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom.

As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approx. Rs.80,000 Crs. in 12 States across the parent company and two InvITs.

The Company has strong track record of constructing, tolling, operating, and maintaining around 18,500 lane Kms pan India in its existence of more than 25 years in India; of which 15,500 Lane Kms are under operations at present. The group commands a market share of around 34% in the TOT space. It also comprises 12% share in India’s North South highway connectivity.

After successfully completing 13 Concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, 4 TOT, and 4 HAM projects.

For further details, please contact:

• Parikshit Sharma, Concept PR, 88989 39833, parikshit.s@conceptpr.com

• Kiwishka Prasad, Concept PR, 75068 61969 kiwishka@conceptpr.in

• Vivek Devasthali, Head, Corporate Communications, 99300 80099, vivek.devasthali@irb.co.in

Disclaimer:

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Press Release

Except for the historical information contained herein, statements in this communication and any subsequent discussions, which include words or phrases such as ‘will’, ‘aim’, ‘will likely result’, ‘would’, ‘believe’, ‘may’, ‘expect’, ‘will continue’, ‘anticipate’, estimate’, ‘intend’, ‘plan’, ‘contemplate’, ‘seek to’, ‘future’, ‘objective’, ‘goal’, ‘likely’, ‘project’, ‘on-course’, ‘should’, ‘potential’, ‘pipeline’, ‘guidance’, ‘will pursue’ ‘trend line’ and similar expressions or variations of such expressions may constitute ‘forwardlooking statements’.

The forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements.

These risks and uncertainties include but are not limited to the IRB Infrastructure Developers Limited and/ or its Associates’ ability to successfully implement its strategy, its growth and expansion plans, obtain regulatory approvals, provisioning policies, technological changes, investment and business income, cash flow projections, exposure to market risks as well as other risks. In addition, the consummation of the transactions described herein is subject to various conditions precedent.

IRB Infrastructure Developers Limited does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

These materials are not a prospectus, a statement in lieu of a prospectus, an offering circular, an invitation or an advertisement or an offer document under the Indian Companies Act, 2013 together with the rules and regulations made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law in India.

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