1. India Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
IRCON International Ltd.

IRCON International Ltd.

100.25
INR
-1.35
(-1.33%)
5.52EPS
23.56P/E
123.30BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
41.31
31.34
25.77
32.19
33.56
46.61
57.15
56.67
78.23
110.02
130.79
112.06
94.26
98.21
Basic EPS, GAAP
7.94
5.99
4.18
4.08
4.18
4.79
5.16
4.16
6.3
8.14
9.88
7.73
6.33
5.57
Free Cash Flow per Basic Share
-2.26
7.86
14.57
4.6
-33.68
-25.01
-2.44
5.46
14.6
-4.02
-9.85
-22.98
-12.24
- -
Dividend per Share
2.48
2.02
2.33
2.36
2.37
2.54
2.93
1.68
3.55
2.45
3
2.95
2.2
- -
Book Value per Share
32.07
36.72
38.69
40.58
39.99
42.15
44.35
46.82
49.61
55.41
61.81
66.65
70.59
- -
Tangible Book Value per Share
31.42
35.79
37.14
34.01
29.04
28.5
31.18
34.52
37.8
43.95
51.42
57
61.71
- -
Basic Weighted Avg Shares
941
941
941
941
977
941
941
941
941
941
941
941
941
941
Sales/Revenue/Turnover
38,852
29,480
24,239
30,278
32,786
43,841
53,753
53,295
73,575
103,473
123,011
105,398
88,649
92,406
Operating Margin (%)
22.71
20.94
10.92
9.94
13.01
9.81
9.69
7.89
6.86
5.77
8.42
6.92
6.85
6.5
Depreciation Expense
343
221
309
267
164
516
829
921
944
1,070
1,004
1,179
1,608
1,705
Net Income, GAAP
7,470
5,630
3,931
3,840
4,087
4,501
4,853
3,911
5,923
7,652
9,296
7,274
5,955
5,237
Effective Tax Rate (%)
31.82
32.54
35.72
30.88
26.43
27.9
27.78
32.29
14
14.12
26.3
22.49
22.78
23.75
Profit Margin (%)
19.23
19.1
16.22
12.68
12.46
10.27
9.03
7.34
8.05
7.4
7.56
6.9
6.72
5.67
Working Capital
21,581
26,124
33,891
35,359
31,186
18,362
14,165
17,149
29,773
38,797
41,283
39,875
46,531
- -
LT Debt
- -
- -
- -
- -
32,000
25,600
1
3,122
13,046
14,536
24,668
41,721
54,831
- -
Total Equity
30,366
34,746
36,608
38,365
37,612
39,642
41,713
44,031
46,668
52,246
58,485
63,044
66,707
- -
Return on Invested Capital (%)
21.77
12.56
4.68
5.52
5.86
4.59
7.1
6.32
7.84
8.01
10.02
5.93
4.08
- -
Return on Capital (%)
28.84
18.39
12.66
14.05
10.58
10.68
13.3
12.67
13.62
15.96
14.67
9.79
7.82
- -
Return on Common Equity (%)
27.17
17.41
11.09
10.3
10.79
11.65
11.93
9.12
13.06
15.5
16.86
12.04
9.23
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,481
- -
LT Borrowings
- -
54,232
- -
LT Finance Leases
- -
599
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
941
941
941
Market Capitalization
167,036
108,488
123,302

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
118,037
- -
Cash, Cash Equivalents & STI
- -
47,859
- -
Accounts Receivable, Net
- -
13,983
- -
Inventories
- -
123
- -
Total Current Liabilities
- -
71,506
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,481
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.25%
8.7%
5.81%
Free Cash Flow
-110.01%
54.35%
-46.76%
Net Income, GAAP
6.49%
12.45%
-18.14%
Sales/Revenue/Turnover
15.6%
13.47%
-15.89%
Total Cash Common Dividend
5.71%
15.14%
-25.43%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
22,871
24,475
26,129
34,121
105,398
2026
17,863
19,768
21,190
31,890
88,649
2027
19,558
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.38
2.19
0.92
2.24
7.73
2026
1.75
1.47
1.07
2.04
6.33
2027
0.99
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.95
2026
- -
- -
- -
- -
2.2
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Saleem Ahmad
Full Time Employees
1,070
Sector
Industrial services
Industry
Engineering & construction
Address
Plot No. C-4, District Centre New Delhi DL India 110017
IPO Date
Sep 28, 2018
Website
ircon.org
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Business
Ircon International Limited Ircon International Limited (IRCON.NS), a Navratna public sector undertaking under India's Ministry of Railways, specializes in turnkey engineering, procurement, and construction of transport and infrastructure projects; core offerings encompass railway construction including new lines, rehabilitation and doubling of existing lines, station buildings, bridges, tunnels, signalling and telecommunication networks, railway electrification, and wet leasing of locomotives; highway development; extra high voltage (EHV) substations; metro rail systems; building construction for commercial, industrial, and residential purposes; airports; project management consultancy; and renewable energy initiatives such as solar power plants. Founded in 1976 and headquartered in New Delhi, India, the company executes projects across India and in over 25 countries including Bangladesh, Nepal, Malaysia, Ethiopia, Algeria, Sri Lanka, Mozambique, Afghanistan, Bhutan, and the United Kingdom. Recent developments include a October 2025 non-binding memorandum of understanding with Coal India Limited for rail infrastructure to enhance coal transportation; a October 2025 joint venture award with Finolex J-Power Systems for a Rs 1.68 billion turnkey power transmission contract from Maharashtra State Electricity Transmission Company; a 2025 domestic contract from Mumbai Metropolitan Region Development Authority for Mumbai Metro Line-6 power supply, traction, and mechanical systems; Navratna status conferred by the Ministry of Finance in 2023; and an 8% government stake divestment via offer for sale in fiscal 2024, reducing holding to 65%.