Ircon International

    IRCON
    Defence
    ₹113.26
    price as of 11/9/2026, 5:28:08 pm

    Market cap ₹10,652 Cr

    P/E
    17.24
    Day range
    ₹112.55 – ₹114.90
    52-week range
    ₹112.55 – ₹189.50
    Volume
    15.55 L
    Open
    ₹114.90
    Prev close
    ₹115.21
    52-week range, adjusted for splits and bonuses
    ₹114.5₹189.5
    23 Mar 202617 Sept 2025
    Index membership
    NIFTY 500NIFTY SMALLCAP 250

    Price history

    6M change -17.42%RSI (14) 23.7 OversoldSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 46.5% today vs 33.2% average · BSE close ₹113.2

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹105₹120₹135₹150₹1650%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Key metrics

    P/E (TTM)
    20.7
    EPS (TTM)
    ₹5.57
    ROE (FY26)
    9.2%
    ROCE (latest year)
    9%
    Dividend yield
    1.65%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    -4.4%
    Profit 3Y CAGR
    -8.2%
    Revenue YoY (Jun 2026)
    +9.5%
    Profit YoY (Jun 2026)
    -43.9%
    Operating margin
    10.0%
    Net margin
    4.7%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr950 Cr1.9K Cr2.9K Cr3.8K Cr0%3%6%9%12%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • Public
    • FII
    • DII
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.0K Cr-2.0K Cr0 Cr2.0K Cr4.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.3x0.5x0.8x1.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,9872,9303,7872,2872,4482,6133,4121,7861,9772,1193,1891,956
    Expenses2,7712,6713,4702,0372,2472,4813,1581,5861,8361,9612,9221,764
    Operating Profit216259317251201132254200141158267192
    OPM %7%9%8%11%8%5%7%11%7%7%8%10%
    Other Income1771191071071428610312415611212287
    Interest3737414853566275859397107
    Depreciation272727272831323740424445
    Profit before tax328314356282262132263212172135248127
    Tax %24%22%31%20%22%35%19%22%21%26%23%27%
    Net Profit2512452472242068621216413710019192
    EPS in Rs₹2.67₹2.60₹2.62₹2.38₹2.19₹0.92₹2.24₹1.75₹1.47₹1.07₹2.04₹0.99

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Company has been maintaining a healthy dividend payout of 31.9%

    Risks

    • The company has delivered a poor sales growth of 11.2% over past five years.
    • Company has a low return on equity of 11.6% over last 3 years.
    • Earnings include an other income of Rs.476 Cr.
    • Debtor days have increased from 41.6 to 56.3 days.
    • Promoter holding has decreased over last 3 years: -8.01%

    Compounded Sales Growth

    10 Years
    +14%
    5 Years
    +11%
    3 Years
    -4%
    TTM
    -10%

    Compounded Profit Growth

    10 Years
    +3%
    5 Years
    +6%
    3 Years
    -12%
    TTM
    -22%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +20%
    3 Years
    -9%
    1 Year
    -33%

    Return on Equity

    10 Years
    +12%
    5 Years
    +13%
    3 Years
    +12%
    Last Year
    +8%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter65.17%65.17%65.17%65.17%0.00 pp
    FII4.61%4.54%4.78%4.61%-0.17 pp
    DII1.64%1.72%1.79%1.79%0.00 pp
    Government0.28%0.28%0.28%0.28%0.00 pp
    Public28.29%28.28%27.97%28.16%+0.19 pp

    Filed with NSE for Jun 2026: promoters 65.17%, public 34.83% · XBRL filing

    Analysts & fund holdings

    0%
    0% recommend buy
    1 analysts cover the stock
    Valuation vs Construction & Engineering
    P/E17.2 vs 45.8
    Sector P/B6.15
    Beta1.76

    Who holds the shares, quarter by quarter

    Mutual funds 0.29% (0.00 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters65.2%
    • Foreign institutions4.6%
    • Mutual funds0.3%
    • Insurance1.5%
    • Other domestic institutions0.0%
    • Retail25.3%
    • Others3.1%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Nippon India Nifty Smallcap 250 Index Fund0.05%0.18%-0.02 pp
    SBI Nifty Smallcap 250 Index Fund0.03%0.18%-0.03 pp
    Groww Nifty India Railways PSU Index Fund0.02%4.52%-0.38 pp
    Motilal Oswal Nifty Smallcap 250 Index Fund0.02%0.19%-0.06 pp
    ICICI Pru Nifty Smallcap 250 Index Fund0.01%0.18%-0.02 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹1.20

      Interim Dividend - Rs 1.20 Per Share

      17 Feb 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      11 Sept 2025
      ex-date
    • dividend
      ₹1.65

      Interim Dividend - Rs 1.65 Per Sh

      17 Feb 2025
      ex-date
    • dividend
      ₹1.30

      Annual General Meeting/Dividend - Rs 1.30 Per Share

      5 Sept 2024
      ex-date
    • dividend
      ₹1.80

      Interim Dividend - Rs 1.80 Per Share

      16 Feb 2024
      ex-date
    • dividend
      ₹1.20

      Annual General Meeting/Dividend - Rs 1.20 Per Share

      5 Sept 2023
      ex-date
    • dividend
      ₹1.80

      Interim Dividend - Rs 1.80 Per Share

      17 Feb 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.65 Per Share

      8 Sept 2022
      ex-date
    • dividend
      ₹0.70

      Interim Dividend - Rs 0.70 Per Share

      21 Feb 2022
      ex-date
    • dividend
      ₹0.70

      Interim Dividend - Rs 0.70 Per Share

      22 Nov 2021
      ex-date
    • dividend
      ₹1.70

      Annual General Meeting/Dividend - Rs 1.70 Per Share

      16 Sept 2021
      ex-date
    • dividend
      ₹0.45

      Interim Dividend - Rs 0.45 Per Share

      18 Aug 2021
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      20 May 2021
      ex-date
    • dividend
      ₹1.30

      Interim Dividend - Rs 1.30 Per Share

      23 Feb 2021
      ex-date
    • dividend
      ₹2.06

      Annual General Meeting/Dividend - Rs 2.06 Per Share

      21 Sept 2020
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      3 Apr 2020
      ex-date
    • dividend
      ₹13.45

      Interim Dividend - Rs 13.45 Per Share

      20 Feb 2020
      ex-date
    • dividend
      ₹10.82

      Annual General Meeting/Dividend - Rs 10.825 Per Share

      26 Aug 2019
      ex-date
    • dividend
      ₹10.72

      Interim Dividend - Rs 10.72 Per Share

      15 Feb 2019
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    M/s. Vinod Singhal & Co LLP appointed as Statutory Auditor of the Company for the FY 2026-27

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication of Notice of the 50th Annual General Meeting to be held on Thursday, 24th September, 2026

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    BRSR of IRCON for FY 2025-26

    Company Update
    Reg-34(1) Annual Report

    The Annual Report of IRCON for the FY 2025-26

    Others
    Reg. 34 (1) Annual Report.

    The Annual Report of IRCON for FY 2025-26

    AGM/EGMPrice-sensitive
    Notice Of 50Th AGM Of Ircon International Limited (IRCON)

    Please find enclosed the Notice of 50th AGM of IRCON scheduled to be held on 24.09.2026

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Upon attaining the age of superannuation, Shri P.V. Sreekanth, Executive Director/ S&T, IRCON, has ceased to be Senior Management Personnel of IRCON w.e.f. 31st August, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 -Investors conference Intimation

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper publication regarding 50th Annual General Meeting of the Company.

    Company Update
    Imposition Of Fine By NSE & BSE For The Quarter Ended 30Th June, 2026.

    Imposition of fine by NSE and BSE for the quarter ended 30th June, 2026.

    Corp. Action
    Corporate Action- Fixes Record Date For Final Dividend 2025-26

    The Record Date for the final dividend for FY 2025-26

    AGM/EGMPrice-sensitive
    Intimation Of Annual General Meeting, E-Voting And Record Date Etc.

    The details of the 50th AGM and other relevant details fixed in connection with the AGM.

    AGM/EGMPrice-sensitive
    Intimation Of Annual General Meeting And E-Voting Etc.

    Intimation for the 50th Annual General Meeting of IRCON and other relevant details fixed in connection with the AGM.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Appointment of Independent Director w.e.f. 17th August, 2026

    Company Update
    Nomination Of Non-Official (Independent) Director

    Nomination of Non-Official (Independent) Director

    Filed with BSE (scrip 541956); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.