Ircon Intl.

Why is Ircon International Ltd falling/rising?

As of 23-Jun, Ircon International Ltd's stock price is Rs 136.40, down 1.94%, and has underperformed the sector. The stock has seen significant declines over various time frames, indicating a bearish trend and low investor confidence.

As of 23-Jun, Ircon International Ltd's stock price is falling, currently at Rs 136.40, reflecting a decrease of Rs 2.7 or 1.94%. The stock has underperformed the sector today by 1.85%, and it reached an intraday low of Rs 135.3, which is a decline of 2.73%. <BR><BR>Over the past week, the stock has decreased by 1.76%, while the benchmark Sensex has only fallen by 0.79%. In the last month, Ircon's stock has dropped by 3.19%, contrasting with a 1.04% increase in the Sensex. Year-to-date, the stock has seen a significant decline of 23.20%, compared to a 10.58% drop in the benchmark. Over the past year, the stock has plummeted by 30.53%, while the Sensex has only decreased by 6.96%. <BR><BR>The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 13.93% against the 5-day average. The company's financial performance has also been concerning, with profits declining by 18.1% over the past year, and a low return on capital employed (ROCE) of 9.03%. <BR><BR>Moreover, despite having a low debt-to-equity ratio of 0.02, the company has shown poor long-term growth, with operating profit growing at an annual rate of only 8.24% over the last five years. The limited interest from domestic mutual funds, which hold only 0.83% of the company, may indicate a lack of confidence in the stock's current valuation. Overall, these factors contribute to the downward pressure on Ircon International Ltd's stock price.

Which are the latest news on Ircon Intl.?

What does Ircon Intl. do?

Ircon International Ltd is a small-cap construction company, originally established in 1976, specializing in railway infrastructure. As of March 2026, it reported net sales of ₹3,189 Cr and a net profit of ₹192 Cr, with a market cap of ₹12,697 Cr.

Overview:<BR>Ircon International Ltd is a construction company operating in the small-cap market segment.<BR><BR>History:<BR>Ircon International Limited was incorporated in 1976 as the 'Indian Railway Construction Company Private Limited' and became a public limited company later that same year. The company was renamed to its current title on October 17, 1995. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3,189 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 192 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 12,697 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 1.61%<BR>- Debt-Equity: 0.08<BR>- Return on Equity: 8.97%<BR>- Price to Book: 1.93<BR><BR>Contact Details:<BR>Address: Plot No C-4, District Centre Saket New Delhi New Delhi : 110017<BR>Tel: 91-11-29565666<BR>Email: info@ircon.org<BR>Website: http://www.ircon.org

How big is Ircon Intl.?

As of 10th June, Ircon International Ltd has a market capitalization of 12,697.00 Cr, with net sales of 9,071.05 Cr and a net profit of 595.47 Cr reported in the latest four quarters.

As of 10th June, Ircon International Ltd has a market capitalization of 12,697.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Ircon International Ltd reported Net Sales of 9,071.05 Cr and a Net Profit of 595.47 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 6,326.35 Cr and Total Assets valued at 19,376.77 Cr.

Who are in the management team of Ircon Intl.?

The management team of Ircon International includes Brijesh Kumar Gupta (Chairman, Managing Director & CEO), Parag Verma (Executive Director, Works), Ragini Advani (Executive Director, Finance), Anand Kumar Singh (Executive Director, Projects), and Pooja Gurwala (Company Secretary). The board also features several non-executive and independent directors.

The management team of Ircon International includes the following key individuals:<BR><BR>1. **Brijesh Kumar Gupta** - Chairman, Managing Director & CEO<BR>2. **Parag Verma** - Executive Director (Works)<BR>3. **Ragini Advani** - Executive Director (Finance)<BR>4. **Anand Kumar Singh** - Executive Director (Projects)<BR>5. **Pooja Gurwala** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several non-executive and independent directors:<BR><BR>1. **Dhananjaya Singh** - Non-Executive Director/Part-Time Officer<BR>2. **Ajay Kumar Chauhan** - Non-Official Independent Director<BR>3. **Dipendra Kumar Gupta** - Non-Official Independent Director<BR>4. **Ranjana Upadhyay** - Non-Official Independent Director<BR>5. **Kartik Chandulal Bhadra** - Non-Official Independent Director<BR><BR>This diverse team plays a crucial role in guiding the company's operations and strategic direction.

Who are the peers of the Ircon Intl.?

Ircon Intl.'s peers include IndiGrid Trust, KEC International, Engineers India, Afcons Infrastructure, Techno Electric Engineering, Rites, NCC, Powergrid Infra, and Vertis Infra. While IndiGrid Trust shows excellent management and growth, Ircon Intl. has average management risk and below-average growth, with a 1-year return of -39.22%.

Peers: The peers of Ircon Intl. are IndiGrid Trust, KEC Internationa, Engineers India, Afcons Infrastr., Techno Elec.Engg, Rites, NCC, Powergrid Infra, and Vertis Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Techno Elec.Engg, KEC Internationa, Engineers India, Rites, and NCC, while Average management risk is found at Ircon Intl., IndiGrid Trust, Afcons Infrastr., and Powergrid Infra. Good growth is seen at IndiGrid Trust, Techno Elec.Engg, and NCC, while Below Average growth is noted at Ircon Intl., Engineers India, Afcons Infrastr., KEC Internationa, Rites, and Vertis Infra. Excellent capital structure is present at IndiGrid Trust, Engineers India, Rites, and Powergrid Infra, while Good capital structure is noted at Ircon Intl. and NCC, and Below Average capital structure is found at Afcons Infrastr. and Vertis Infra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IndiGrid Trust at 11.95%, while KEC Internationa has the lowest at -46.75%. Ircon Intl.'s 1-year return is -39.22%, which is better than KEC Internationa but worse than IndiGrid Trust. Additionally, the six-month return is negative for KEC Internationa, Afcons Infrastr., Techno Elec.Engg, Rites, NCC, and Vertis Infra.

Are Ircon International Ltd latest results good or bad?

Ircon International Ltd's latest results show a strong sequential profit increase and revenue growth, but year-on-year declines in both metrics raise concerns about sustainability. Overall, while there are positive signs, the company's long-term outlook appears cautious due to margin pressures and decreased capital efficiency.

Ircon International Ltd's latest results present a mixed picture, indicating both some positive developments and significant concerns. <BR><BR>On the positive side, the company reported a substantial sequential increase in net profit, which rose by 90.34% quarter-on-quarter to ₹191.60 crores, and revenue surged by 50.49% to ₹3,188.98 crores in Q4 FY26. This reflects a strong year-end execution push typical in the infrastructure sector. Additionally, the operating margin improved to 8.37%, up 92 basis points from the previous quarter, suggesting better project execution and cost management.<BR><BR>However, there are notable red flags. Year-on-year, both net profit and revenue declined by 9.13% and 6.54%, respectively. This raises concerns about the sustainability of growth and the company's ability to maintain momentum. The operating margin remains below the historical average of 9-10%, indicating ongoing margin pressures. Furthermore, the company's return on capital employed (ROCE) has dramatically decreased to 9.76%, down from an average of over 40% in the past five years, signaling significant deterioration in capital efficiency.<BR><BR>The stock has also underperformed significantly, declining 24% over the past year, which is much worse than the broader market's decline. Investor sentiment appears cautious, reflecting concerns about margin sustainability and execution challenges.<BR><BR>In summary, while there are some positive signs in the latest quarterly results, the overall performance raises concerns about long-term sustainability and execution efficiency, leading to a cautious outlook for the company.

Should I buy, sell or hold Ircon International Ltd?

Has Ircon International Ltd declared dividend?

Ircon International Ltd has declared a 60% dividend, with an ex-date of February 17, 2026. While recent total returns have been negative over shorter periods, the company has shown substantial growth in total returns over the 3, 4, and 5-year periods.

Ircon International Ltd has declared a 60% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Ex-date: 17 Feb 26<BR><BR>Dividend Yield: 1.71%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was -5.0%, the dividend return was 0.71%, resulting in a total return of -4.29%.<BR><BR>In the 6-month period, the price return was -8.65%, the dividend return was 1.32%, leading to a total return of -7.33%.<BR><BR>For the 1-year period, the price return was -8.54%, the dividend return was 1.45%, which resulted in a total return of -7.09%.<BR><BR>Over the 2-year period, the price return was -27.46%, the dividend return was 2.22%, culminating in a total return of -25.24%.<BR><BR>In the 3-year period, the price return was 186.61%, the dividend return was 15.26%, resulting in a total return of 201.87%.<BR><BR>For the 4-year period, the price return was 241.25%, the dividend return was 26.75%, leading to a total return of 268.0%.<BR><BR>In the 5-year period, the price return was 187.69%, the dividend return was 32.40%, culminating in a total return of 220.09%.<BR><BR>Overall, Ircon International Ltd has declared a significant dividend, and while recent total returns over shorter periods have been negative, the longer-term returns indicate substantial growth, particularly over the 3, 4, and 5-year periods.

When is the next results date for Ircon International Ltd?

The next results date for Ircon International Ltd is 11 February 2026.

The next results date for Ircon International Ltd is scheduled for 11 February 2026.

How has been the historical performance of Ircon Intl.?

Ircon Intl. has shown fluctuating financial performance, with net sales declining from 12,513.65 Cr in Mar'24 to 10,759.58 Cr in Mar'25, and operating profit decreasing from 1,463.74 Cr to 1,216.26 Cr in the same period. Despite a profit after tax of 668.06 Cr in Mar'25, the company faces liquidity challenges with significant negative cash flow of -1,109.00 Cr.

Answer:<BR>The historical performance of Ircon Intl. shows a fluctuating trend in net sales and profits over the years, with net sales reaching 10,759.58 Cr in Mar'25, down from 12,513.65 Cr in Mar'24, but up from 10,367.93 Cr in Mar'23. The operating profit (PBDIT) was 1,216.26 Cr in Mar'25, a decrease from 1,463.74 Cr in Mar'24, yet an increase from 1,085.10 Cr in Mar'23. Profit after tax (PAT) was 668.06 Cr in Mar'25, down from 883.29 Cr in Mar'24 but higher than 733.79 Cr in Mar'23. The company's total assets increased to 19,376.77 Cr in Mar'25 from 17,332.63 Cr in Mar'24, while total liabilities also rose to 19,376.77 Cr from 17,332.63 Cr in the same period. Cash flow from operating activities showed a significant outflow of -1,109.00 Cr in Mar'25, compared to -78.00 Cr in Mar'24, indicating a challenging cash flow situation.<BR><BR>Breakdown:<BR>Ircon Intl. has experienced a notable increase in net sales over the years, with a peak of 12,513.65 Cr in Mar'24, followed by a decline to 10,759.58 Cr in Mar'25. Operating profit saw a similar pattern, with a high of 1,463.74 Cr in Mar'24, decreasing to 1,216.26 Cr in Mar'25. Despite these fluctuations, profit after tax remained relatively strong, with 668.06 Cr in Mar'25, although it was lower than the previous year's 883.29 Cr. The company's total assets and liabilities both grew, reflecting an increase in financial obligations alongside asset accumulation. The cash flow from operating activities turned negative in Mar'25, indicating potential liquidity challenges, contrasting sharply with the positive cash flow seen in prior years. Overall, while Ircon Intl. has shown growth in sales and assets, the recent decline in profits and cash flow raises concerns about its operational efficiency and financial health.

Is Ircon Intl. overvalued or undervalued?

As of November 13, 2025, Ircon International is fairly valued with a PE ratio of 25.26 and an EV to EBITDA ratio of 19.44, despite a year-to-date return of -24.98%, positioning it reasonably compared to peers like Rail Vikas and Craftsman Auto.

As of 13 November 2025, Ircon International's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics, with a PE ratio of 25.26, an EV to EBITDA ratio of 19.44, and a dividend yield of 1.64%. <BR><BR>In comparison to its peers, Ircon International's valuation appears reasonable, especially when contrasted with Rail Vikas, which is considered expensive with a PE ratio of 57.69, and Craftsman Auto, also fairly valued with a PE ratio of 62.13. Despite recent underperformance with a year-to-date return of -24.98% compared to the Sensex's 8.11%, the company's financial ratios suggest it is positioned adequately within its industry.

Is Ircon Intl. technically bullish or bearish?

As of November 13, 2025, Ircon Intl. has shifted to a bearish trend, supported by bearish MACD, Bollinger Bands, and moving averages, despite mixed signals from the KST and Dow Theory.

As of 13 November 2025, the technical trend for Ircon Intl. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. The Dow Theory indicates no trend on the weekly and mildly bearish on the monthly. Overall, the combination of these indicators suggests a bearish outlook for the stock.

Who are the top shareholders of the Ircon Intl.?

The top shareholder of Ircon International is the President of India, holding 65.17%. Other shareholders include 15 mutual fund schemes (0.2%), 121 foreign institutional investors (4.57%), and individual investors (26.05%), with no pledged promoter holdings.

The top shareholders of Ircon International include the President of India, who holds the largest stake at 65.17%, representing the promoter category. There are also 15 mutual fund schemes collectively holding 0.2% of the shares, and 121 foreign institutional investors (FIIs) with a combined holding of 4.57%. Additionally, individual investors own 26.05% of the company. There are no pledged promoter holdings, and there is no significant public shareholder listed.

What is the bonus history of the Ircon Intl.?

Ircon International Ltd announced a 1:1 bonus issue on May 20, 2021, with a record date of May 21, 2021. Shareholders received one additional share for each share owned, effectively doubling their holdings.

Ircon International Ltd has a bonus history that includes a notable 1:1 bonus issue announced on May 20, 2021. The record date for this bonus was May 21, 2021, meaning shareholders on that date were eligible to receive the bonus shares. This bonus issue effectively doubled the number of shares held by shareholders, as they received one additional share for each share they owned.