Virendra D. Mhaiskar
#275Chairman & Managing Director
54
Age
35y
Exp
35y
Tenure
8/10
Risk
🎓 Diploma Civil Engineering · Shriram Polytechnic, Navi Mumbai
📜 Engineering degree · University of Bombay
🏛️ None
CompensationTBP
Personality
6
Open
7
Cons
5
Extr
4
Agre
3
Neur
IRB Infra.Devl.
Industrials · Large Cap
Mature Stable · Founder-Centric
About
Virendra D. Mhaiskar is the Chairman & Managing Director of IRB Infra.Devl., a Large Cap company in the Industrials sector with a market cap of ₹24K Cr. A Autocratic leader with 35 years of experience, he is known for authority-driven decision-making and organic builder strategy. Known for an aggressive bidding strategy and high-stakes infrastructure development projects across the Indian highway network.
FAQ
What is Virendra D. Mhaiskar's leadership style?
Virendra D. Mhaiskar is classified as a Autocratic leader. He is authority-driven in decision-making, with a empire expander motivation and steady-marathon pace of execution.
What is Virendra D. Mhaiskar's educational background?
Virendra D. Mhaiskar holds a Diploma Civil Engineering from Shriram Polytechnic, Navi Mumbai and a Engineering degree from University of Bombay.
Who is the CEO of IRB Infra.Devl.?
Virendra D. Mhaiskar is the Chairman & Managing Director of IRB Infra.Devl.. He has been with the company for 35 years and in the current role for 27 years.
Leadership DNA
ArchetypeAutocratic
MotivationEmpire Expander
CrisisRestructurer
DecisionAuthority-Driven
GrowthOrganic Builder
PeopleRelationship Led
InnovationTraditionalist
PaceSteady-Marathon
PurposeProfit-Pure
CustomerB2G-Institutional
EmployerSteady Employer
BrandTechnical-Expert
FocusMarket Expansion
OrientationDeep Specialist
Leadership Evidence
“Known for an aggressive bidding strategy and high-stakes infrastructure development projects across the Indian highway network.”
⚡ Crisis●●●●○
Mhaiskar strategically divested and restructured IRB's asset portfolio by creating the IRB Infrastructure Trust to monetize assets and reduce debt levels.
🎯 Motivation●●●●○
He has aggressively scaled IRB into India's largest private toll road developer by consistently securing high-value BOT and TOT projects across the country.
👥 People●●●○○
The company maintains a tight-knit core leadership team with long-standing tenure and centralized decision-making under Mhaiskar's direct oversight.
📈 Growth●●●●○
IRB's growth has been primarily driven by winning and executing massive highway construction and maintenance contracts through competitive bidding processes.
💡 Innovation●●●●○
The company focuses on core competencies in road construction and toll-operate-transfer projects rather than developing new-to-market technologies.
🏃 Pace●●●●○
The business model relies on long-term concession agreements and consistent operational management of road assets over multi-year horizons.
🌱 Purpose●●●●○
Corporate strategy is primarily focused on maximizing asset utilization and toll revenue within the infrastructure sector with standard regulatory CSR compliance.
🏷️ Brand●●●●○
IRB is recognized in the industry for its specialized capability in building and maintaining large-scale highway infrastructure projects.
🤝 Customer●●●●●
The company's primary business is executing infrastructure tenders and concession contracts awarded by government bodies like NHAI.
💼 Employer●●●○○
The culture is characterized by long-term operational stability and a focus on specialized engineering roles rather than high-growth startup-style churn.
📋 Mandate
The capital-intensive nature of highway infrastructure necessitates disciplined balance sheet management and optimized project lifecycle financing.
🏢 Culture●●●●○
Strongly identified with the vision and operational control of V.D. Mhaiskar, whose centralized decision-making guides the infra development pace.
Financials
Revenue FY25₹7K Cr
PAT FY25₹6K Cr
Rev CAGR 5Y7.4%
OPM30.8%
NPM91.9%
ROE32.7%
ROCE4.3%
P/E32.7
Fwd P/E22.2
P/B1.2
D/E102.3
Promoter67.3%
Institutional14.3%
Mkt Cap₹24K Cr
Compensation
To Be Published
Data being verified from audited reports
