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Ircon International Limited

Ircon International Limited

NSE: IRCON
Engineering & ConstructionIndustrialsMID CAPMCap ₹10.03k Cr
₹106.62₹0.29 (+0.27%)

Live • NSE

Market cap₹10.03k Cr
Enterprise value₹10.54k Cr
P/E TTM16.23
Forward P/E13.85
P/B1.51
EPS TTM₹6.57
Forward EPS₹7.70
ROCE9.27%
D/E0.86
Dividend yield0.02%
Face value₹2.00
52W high₹186.44
52W low₹101.60
Price chart(1Y)
1Y Return:-21.23% (₹28.73)
H: ₹142.9L: ₹101.6
1W+1.80%
1M-1.15%
3M-17.39%
6M-30.68%
1Y-36.92%
Today at a glance

Day range

₹105.31₹108.16

52 week range

₹101.60₹186.44
Volume2.70M0.33x 20D avg
Free float50.00%-66.80% volume

Ircon International Limited closed at INR106.62 (+0.27%) on volume 0.33x its 20-day average, trading 42.81% below its 52-week high.

Technical analysis
RSI (14)44.3Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹3.94High
SMA 20₹107.16BEARISH
SMA 50₹115.19BEARISH
SMA 100₹123.85BEARISH
SMA 200₹135.74BEARISH
CPR bottom₹106.69
Pivot₹106.57
CPR top₹106.45
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -51.8% QoQ

2026-09-17

DIVIDEND Announced

Dividend - Re 0.70 Per Share

2026-02-17

DIVIDEND Announced

Interim Dividend - Rs 1.20 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹5.73k Cr₹10.03k Cr57.10%≤ 33%FAIL
Non-halal income ratio–₹9.07k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹16.50k Cr₹21.31k Cr77.43%≥ 20%PASS
Receivables ratio–₹21.31k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E16.2328.10
Forward P/E13.85—
P/B1.513.10
EV/EBITDA—18.00
PEG—1.10
Earnings yield6.203.60
Growth & profitability
RevenuePAT
FY25PAT margin 6.80%
FY26PAT margin 6.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-5.50%
Revenue CAGR 5Y-3.40%
PAT CAGR 3Y-6.50%
PAT CAGR 5Y-3.90%
Operating margin8.19%
Net margin5.67%
Financial health & cash flow
Net debt₹916.3 CrModerate
Interest coverage1.70xEBIT / interest
CFO / PAT-1.04x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-61758.0 Lakh
Capital expenditure–
Free cash flow₹-115075.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation60/100
Profitability65/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 16.2x trades below sector historical averages

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Engineering & Construction.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2025

Ownership distribution

Sept 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025
6.40%Institutional holding
28.16%Public holding
4Periods available
0.00%Promoter pledged
10.8LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Sept 2026Dividend₹0.70 / share—17 Sept 2026
17 Feb 2026Dividend₹1.20 / share—17 Feb 2026
11 Sept 2025Dividend₹1.00 / share—11 Sept 2025
17 Feb 2025Dividend₹1.65 / share—17 Feb 2025
—Dividend₹1.30 / share—05 Sept 2024
16 Feb 2024Dividend₹1.80 / share—16 Feb 2024
—Dividend₹1.20 / share—05 Sept 2023
17 Feb 2023Dividend₹1.80 / share—17 Feb 2023
—Dividend₹0.65 / share—08 Sept 2022
22 Feb 2022Dividend₹0.70 / share—21 Feb 2022
23 Nov 2021Dividend₹0.70 / share—22 Nov 2021
—Dividend₹1.70 / share—16 Sept 2021
21 Aug 2021Dividend₹0.45 / share—18 Aug 2021
21 May 2021Bonus issue1:1 bonus ratio—20 May 2021
24 Feb 2021Dividend₹1.30 / share—23 Feb 2021
—Dividend₹2.06 / share—21 Sept 2020
07 Apr 2020Dividend₹10.00 / share—03 Apr 2020
24 Feb 2020Dividend₹13.45 / share—20 Feb 2020
—Dividend₹10.83 / share—26 Aug 2019
19 Feb 2019Dividend₹10.72 / share—15 Feb 2019
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)27.10%-6.30% latest vs average
Highest delivery42.44%on 24 Sept
Average volume (20D)8.11MTrading-session average
Conviction trendWeakening-6.30% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L93.500.58%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Ircon International Limited
Ircon International Limited

Ircon International Limited (IRCON) commenced its business in 1976 as a railway construction company, it diversified progressively since 1985 as an integrated engineering and construction PSU specializing in large and technologically complex infrastructure projects in various sectors such as railways, highways, etc. [1] [2]

IndiaIndustrials

Questions investors ask
Is Ircon International Limited Shariah compliant?

Ircon International Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (57.1%) exceeds AAOIFI threshold (≤ 33%).

What is Ircon International Limited's current valuation relative to peers?

Ircon International Limited trades at a P/E of 16.2x compared to the sector median of 28.1x, and a Price-to-Book of 1.5x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.86x. Interest coverage is 1.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -3.4% while net profit growth averaged -3.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.