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Ircon International Limited

Ircon International Limited

IRCON.NS
Ircon International LimitedIN flagNational Stock Exchange of India
133.13
INR
-1.13
- -
125.21BMarket Cap
Ircon International Limited
IRCON.NS
(National Stock Exchange of India)

Recent

price

133.13

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
45.54
41.31
31.34
25.77
32.19
33.56
46.61
57.15
56.67
78.23
110.02
130.79
114.34
- -
96.41
Revenue per Share
8.56
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
Basic EPS, GAAP
5.49
-2.26
7.86
14.57
4.6
-33.68
-25.01
-2.44
5.46
14.6
-4.02
-9.85
-22.97
- -
- -
Free Cash Flow per Basic Share
1.41
2.48
2.02
2.33
2.36
2.37
2.54
2.93
1.68
3.55
2.45
3
2.95
- -
- -
Dividend per Share
0.21
0.21
4.17
3.55
5.33
4.74
7.18
9.42
11.89
14.64
20.34
27.23
32
- -
2
Book Value per Share
26.48
31.63
36.02
37.37
34.22
27.96
28.5
31.18
34.52
37.81
44.09
52.4
57.96
- -
62.02
Tangible Book Value per Share
941
941
941
941
941
977
941
941
941
941
941
941
941
- -
941
Basic Weighted Avg Shares
42,827
38,852
29,480
24,239
30,278
32,786
43,841
53,753
53,295
73,574
103,473
123,011
107,596
90,710
90,710
Sales/Revenue/Turnover
19.89
22.71
20.94
10.92
9.94
13.01
9.81
9.69
7.89
6.86
5.77
8.42
6.76
6.65
6.65
Operating Margin (%)
430
343
221
309
267
164
516
829
921
944
1,070
1,004
1,179
1,627
1,627
Depreciation Expense
8,049
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
5,955
Net Income, GAAP
26.2
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
22.78
Effective Tax Rate (%)
18.79
19.23
19.1
16.22
12.68
12.46
10.27
9.03
7.34
8.05
7.4
7.56
6.76
6.56
6.56
Profit Margin (%)
21,334
21,581
26,124
33,891
35,359
31,186
18,362
14,165
17,149
29,773
38,797
41,283
42,452
46,530
46,530
Working Capital
- -
- -
- -
- -
- -
32,000
25,600
1
3,122
13,046
14,536
24,668
41,721
54,797
54,797
LT Debt
24,913
30,366
34,746
36,608
38,365
37,612
39,642
41,713
44,031
46,668
52,246
59,061
63,620
66,707
66,707
Total Equity
- -
21.77
12.58
4.67
5.51
5.81
4.43
6.72
6.28
7.92
7.98
9.98
5.89
4.05
4.05
Return on Invested Capital (%)
- -
2,304.74
264.01
117.49
120.26
27.3
20.17
32.15
48.31
34.8
32.84
25.81
14.31
13.07
13.07
Return on Capital (%)
- -
3,773.39
273.33
108.34
92.03
84.8
79.11
62.18
39.02
47.48
46.53
41.56
26.11
37.23
37.23
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,390
- -
2,460
LT Borrowings
49,497
- -
54,232
LT Finance Leases
489
- -
565
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
941
- -
941
Market Capitalization
160,979
167,239
108,511

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
112,854
- -
118,037
Cash, Cash Equivalents & STI
81,042
- -
83,394
Accounts Receivable, Net
7,463
- -
13,983
Inventories
1,142
- -
123
Total Current Liabilities
69,045
- -
71,506
Payables & Accruals
- -
- -
- -
ST Debt
1,390
- -
2,460
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.26%
8.71%
4.85%
Free Cash Flow
-110.01%
54.35%
-46.76%
Net Income, GAAP
6.49%
12.45%
-18.14%
Sales/Revenue/Turnover
15.8%
13.87%
-15.69%
Total Cash Common Dividend
5.71%
15.14%
-25.43%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,638
30,333
29,295
37,129
123,011
2025
22,871
24,475
26,129
34,121
107,596
2026
17,863
19,768
21,190
31,890
90,710

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.99
2.67
2.6
- -
9.88
2025
2.38
2.19
0.92
2.24
7.73
2026
1.75
1.47
1.07
2.04
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
2.95
2026
- -
- -
- -
- -
- -
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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%.