IRCON · Ircon International Ltd · Construction Services
IRCON · Ircon International Ltd · Construction Services
As of 06 Nov close
52-week range
42.0% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹1,956 Cr
Revenue YoY
PAT YoY
-43.6%
Operating margin
Revenue, last 5 quarters
Source: Yahoo Finance, as of 30 Jun 2026
P/E (TTM)
P/B
1.4
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+1.9%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| IRCON (this stock) | 15.4 | 1.4 | +5.7% | +9.0% | 0.86 | +1.9% |
| DLF * | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers * | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers * | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
stable
MF
0.31% (+0.02pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 13 Oct 2026, 07:23 amBuzzing stocks for Tuesday: HCL Tech, Nazara, Bank of India, TD Power, Juniper Green, Airflow Rail, Globus Power, Vikran Engg, Minda Corp, ARSS Infra Ceigall India, IRCON
- loweconomictimes.indiatimes.com· 01 Oct 2026, 08:30 amIrcon International, Aegis Logistics among 6 stocks showing RSI trending up - Momentum Signals
- lowbusiness-standard.com· 15 Sept 2026, 01:14 pmBuzzing stocks: RIL, SBI Life, ICICI Lombard, Shree Cement hit 52-wk lows
Concalls & investor presentations
AI-generatedKey takeaway: Ircon International Limited's investor presentation for Q1 FY27, dated August 12, 2026, provided an overview of the company's unaudited financial results for the quarter ending June 30, 2026. The presentation highlighted a consolidated operating revenue of INR 1,955.8 crore, a decrease of 38.7% from the previous quarter and an increase of 9.5% year-over-year. EBITDA was reported at INR 278.7 crore, down 28.4% quarter-over-quarter and 14.0% year-over-year. Profit after tax (PAT) was INR 92.0 crore, reflecting a 51.9% decline from the previous quarter and a 43.9% decrease year-over-year. The standalone results showed operating revenue of INR 1,800.3 crore, a 39.9% decrease from the previous quarter but an 8.2% increase year-over-year. The order book stood at INR 23,366 crore, with a significant portion won through competitive bidding. The presentation also discussed opportunities arising from government infrastructure initiatives.
The presentation included both positive growth in year-over-year revenue and significant declines in quarterly performance.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings call for Ircon International Limited on May 25, 2026, discussed the financial results for Q4 and FY26. Management reported total revenue of Rs. 9,502 crores, a decrease from Rs. 11,131 crores in the previous year, with a PAT of Rs. 592 crores compared to Rs. 724 crores. EBITDA margins remained stable, with core EBITDA margins improving to 9.35%. The order book stood at Rs. 24,984 crores, with 92% domestic and 8% international orders. Management acknowledged challenges in the sector but expressed optimism about future opportunities, particularly in railway projects. They noted that the company plans to invest Rs. 400-500 crores in SPV projects and maintain revenue levels similar to FY26 in FY27. The management also addressed concerns regarding geopolitical impacts on infrastructure projects, asserting that the government remains committed to infrastructure development.
Management highlighted both challenges and opportunities in the current market environment.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Ircon International Limited's investor presentation for Q4 and FY26, dated May 22, 2026, provided a comprehensive overview of the company's financial performance and strategic initiatives. For Q4FY26, the consolidated operating revenue was reported at Rs. 3,189 crore, a decrease of 6.5% year-on-year, while EBITDA increased by 8.9% to Rs. 389 crore. The profit after tax (PAT) for the quarter was Rs. 191.5 crore, down 9.6% from the previous year. For FY26, the total operating revenue was Rs. 9,071 crore, reflecting a 15.7% decline compared to FY25. The presentation highlighted an order book of Rs. 24,984 crore as of March 31, 2026, with a significant portion won through competitive bidding. Management emphasized opportunities arising from government infrastructure initiatives, including substantial budget allocations for railways and highways.
The presentation provided a balanced view of financial results and future opportunities without strong emphasis on either positive or negative aspects.
Sourced from an exchange-filed presentation, dated 22 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Ircon International Limited on February 11, 2026, provided an overview of the company's unaudited financial results for the quarter and nine months ended December 31, 2025. The presentation highlighted a consolidated operating revenue of INR 2,119 crore for Q3 FY26, reflecting a year-on-year decrease of 18.9%. EBITDA for the same period was reported at INR 269 crore, with a profit after tax of INR 100 crore, marking a 16% increase year-on-year. The standalone financials showed an operating revenue of INR 1,965 crore for Q3 FY26, down 20.4% from the previous year. The order book stood at INR 23,801 crore, with a significant portion won through competitive bidding. Management noted opportunities arising from government infrastructure initiatives, including substantial allocations in the Union Budget for railways and highways.
The presentation included both positive financial achievements and notable declines in revenue.
Sourced from an exchange-filed presentation, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Ircon International Limited for FY2025-26 highlights the company's long-standing expertise in railway infrastructure, with a focus on executing large-scale projects in India and abroad. Management emphasized the company's strong technological capabilities and sound financial position, positioning it to benefit from government-led infrastructure growth initiatives such as the National Infrastructure Pipeline and PM Gati Shakti. The report also noted the adoption of digital tools for procurement and operations, along with efforts to enhance working capital management and mitigate risks associated with geopolitical factors and project execution cycles. The company has a robust corporate governance framework, including an Enterprise Risk Management system and adherence to ISO standards for quality, environment, and occupational health and safety.
- Long-standing expertise in railway infrastructure with a focus on executing large-scale projects.
- Adoption of digital tools for procurement and operations, including e-Procurement and AI-based collaborative tools.
- Robust corporate governance framework with an Enterprise Risk Management system and adherence to ISO standards.
- Focus on government-led infrastructure growth initiatives such as the National Infrastructure Pipeline and PM Gati Shakti.
- Efforts to enhance working capital management and mitigate risks related to geopolitical factors and project execution cycles.
Key takeaway: IRCON's long-standing expertise in railway infrastructure and its alignment with government-led growth initiatives position it to benefit from ongoing infrastructure development, despite challenges related to working capital management and geopolitical risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company did not comply with SEBI (LODR) Regulations regarding Board composition and committee constitutions during FY 2025-26, resulting in non-compliance with Listing Regulations.
Earlier (1-3 years ago)
The company was non-compliant with SEBI (LODR) regulations and DPE Guidelines regarding Board composition, Audit Committee, and NRC constitution and quorum requirements during specified periods in FY2025.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has a contingent liability related to guarantees given, with a maximum exposure as mentioned in Note 37. The company believes it is more likely that this amount will not be payable.
Earlier (1-3 years ago)
The auditor identified contingent liabilities as a key audit matter due to the significant management judgment required in estimating amounts for disclosure. The auditor reviewed legal matters, orders from authorities, and evaluated the company's contentions and potential outflows.
The company has pending litigations which are considered contingent liabilities, requiring management's judgment for estimation.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
IRCON has entered into a project execution agreement with BRPL dated 19.07.2017, with payments based on a percentage of project costs and actual costs plus overheads and profit. The transaction was approved by IRCON's Audit Committee.
IRCON has entered into transactions with related parties, including agreements for services, leasing, and unforeseen sales/purchases, approved by the Audit Committee, and an amount of ₹45 Crore is pending against advances received from ISTPL towards arbitration claims.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has outstanding statutory dues related to Sales Tax under dispute with the Deputy Commissioner of Commercial Taxes in UP, with amounts totaling several crores and periods from 2004-05 to 2009-10.
Earlier (1-3 years ago)
The company has outstanding statutory dues related to sales tax and entry tax for periods from 2004-05 to 2014-15, with disputes pending before various authorities including the Additional Commissioner of Commercial Taxes, Ghaziabad, and the Assessing Authority.