IRCON International Ltd

BSE: IRCON541956ISIN INE962Y01021

Industrials
Civil Construction
BSE 500

Share price

₹103.32+3.46 (+3.46%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹186.40
52W low: ₹95.90
Off 52W high: -44.57%
1M return: -3.30%
3M return: -21.34%
6M return: -35.08%
1Y return: -38.54%
20D avg volume: 3,53,773
50 DMA: ₹109.23
200 DMA: ₹132.14

Key ratios Consolidated

Market cap: ₹9,717 Cr
Current price: ₹103.32
52W high / low: ₹186.40 / ₹95.90
Face value: ₹2.00
P/E: 20.09
P/B: 1.43
EPS (TTM): ₹5.14
Book value / share: ₹72.03
ROE: —
ROCE: 7.30%
Operating margin: —
Net margin: —
Debt / equity: 0.85
Net debt: ₹3,473 Cr
Interest cover: 2.95
Dividend yield: 1.84%
Dividend / share (TTM): ₹1.90
Payout: 36.97%
Cash conversion cycle: 8.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,272	1,956	3,189	2,119	1,977	1,786	3,412	2,613	2,448	2,287	3,743	2,884
	92.08	86.90	102.21	87.18	135.43	106.10	103.18	79.04	91.06	98.17	151.34	127.66
	2,364	2,043	3,291	2,206	2,112	1,892	3,515	2,692	2,539	2,385	3,894	3,012
	2,193	1,903	3,063	2,096	1,960	1,699	3,245	2,567	2,327	2,112	3,524	2,735
	280.99	61.55	224.93	216.49	213.72	171.84	234.61	214.24	159.80	59.51	163.45	103.83
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	66.42	66.81	66.21	65.10	63.90	65.26	55.61	72.66	74.59	72.85	81.00	87.62
	114.14	106.98	97.34	93.02	84.54	75.21	62.30	55.97	52.71	48.15	40.92	37.24
	45.73	44.89	43.98	41.58	40.01	37.15	32.13	30.52	27.76	27.47	27.11	27.11
	1,686	1,622	2,631	1,680	1,558	1,349	2,860	22.85	23.36	18.70	40.99	3.23
	170.79	140.17	227.78	110.37	152.06	193.63	270.24	124.48	211.47	273.06	369.60	276.68
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	170.79	140.17	227.78	110.37	152.06	193.63	270.24	124.48	211.47	273.06	369.60	276.68
	59.25	34.78	56.37	34.84	35.94	47.43	51.27	45.72	56.42	57.78	109.27	69.09
	100.34	92.03	191.46	99.85	136.51	164.10	211.78	86.10	205.92	224.03	246.66	244.70
	1.09	0.99	2.04	1.07	1.47	1.75	2.24	0.92	2.19	2.38	2.62	2.60
Key metrics
	330.66	292.04	369.10	244.97	276.61	305.99	364.67	210.97	291.94	348.68	437.63	341.03
	14.60%	14.90%	11.60%	11.60%	14.00%	17.10%	10.70%	8.10%	11.90%	15.20%	11.70%	11.80%
	4.40%	4.70%	6.00%	4.70%	6.90%	9.20%	6.20%	3.30%	8.40%	9.80%	6.60%	8.50%
	2.00%	—	2.30%	—	1.80%	—	2.70%	—	—	—	—	—
	14.90%	9.50%	-6.50%	-18.90%	-19.20%	-21.90%	-8.80%	-9.40%	—	—	—	—
	-26.50%	-43.90%	-9.60%	16.00%	-33.70%	-26.80%	-14.10%	-64.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	9,536	9,071	10,760	12,331	10,368	7,380
	368.37	430.92	371.45	539.61	381.96	206.04
	9,904	9,502	11,131	12,871	10,750	7,586
	9,255	8,818	10,252	11,656	9,890	6,957
	783.96	826.98	668.16	533.61	392.29	512.17
	0.00	0.00	0.00	—	—	—
	264.54	260.47	275.71	326.80	284.12	266.61
	411.48	350.11	219.13	148.40	118.08	68.82
	176.18	162.72	117.88	100.43	107.46	95.17
	7,619	7,218	8,971	95.38	49.83	60.50
	649.11	683.84	879.25	1,215	859.56	628.71
	0.00	0.00	0.00	0.00	0.00	0.00
	649.11	683.84	879.25	1,215	859.56	628.71
	185.24	174.58	211.19	331.62	125.77	96.38
	483.68	591.92	727.83	929.51	765.23	592.27
	5.19	6.33	7.73	9.88	8.14	6.30
Key metrics
	1,237	1,197	1,216	1,464	1,085	792.70
	12.97%	13.20%	11.30%	11.90%	10.50%	10.70%
	5.07%	6.50%	6.80%	7.50%	7.40%	8.00%
	—	7.30%	8.90%	—	—	—
	-2.58%	-15.70%	-12.70%	18.90%	40.50%	—
	-19.18%	-18.70%	-21.70%	21.50%	29.20%	—
	—	-1,150	-2,158	—	—	—
	—	-1.04	-1.52	—	—	—
	—	0.85	0.67	—	—	—
	—	3,473	1,984	—	—	—
	—	8.5	5.5	—	—	—
Balance sheet
	—	21,307	19,521	—	—	—
	—	11,803	11,472	—	—	—
	—	2,190	2,280	—	—	—
	—	1,398	1,328	—	—	—
	—	12.30	90.83	—	—	—
	—	2,006	2,408	—	—	—
	—	2,086	1,003	—	—	—
	—	1,201	1,257	—	—	—
	—	7,151	7,226	—	—	—
	—	5,664	4,264	—	—	—
	—	240.42	129.68	—	—	—
	—	5,423	4,135	—	—	—
	—	6,671	6,362	—	—	—
Cash flow
	—	-617.58	-1,110	—	—	—
	—	-365.95	31.92	—	—	—
	—	801.22	1,156	—	—	—
	—	532.16	1,048	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,090	1,800	2,998	1,965	1,852	1,664	3,243	2,470	2,299	2,180	3,649	2,792
	97.56	126.27	128.59	88.17	175.80	107.16	131.30	99.82	155.82	97.37	147.61	83.62
	2,188	1,927	3,126	2,054	2,027	1,771	3,375	2,570	2,455	2,278	3,797	2,876
	2,007	1,723	2,881	1,922	1,801	1,577	3,117	2,393	2,206	2,044	3,414	2,630
	280.97	61.55	224.91	216.49	213.72	171.84	234.54	209.54	159.80	59.51	162.96	102.47
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	61.50	62.36	61.33	60.63	59.37	60.70	50.63	67.83	69.66	68.12	76.44	82.73
	2.43	3.25	1.48	0.61	0.43	3.75	2.04	1.31	2.08	1.98	2.08	2.52
	15.57	15.03	12.72	12.11	12.14	11.46	9.50	9.55	9.65	9.55	9.20	9.19
	1,646	1,581	2,580	1,632	1,515	1,329	2,820	15.74	16.61	13.32	35.85	0.15
	181.10	203.52	245.74	131.19	226.37	194.55	258.02	176.81	248.67	234.31	382.87	245.97
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	181.10	203.52	245.74	131.19	226.37	194.55	258.02	176.81	248.67	234.31	382.87	245.97
	59.18	40.00	53.71	40.01	41.70	43.98	39.81	36.16	46.45	57.80	97.19	60.85
	121.92	163.52	192.03	91.18	184.67	150.57	218.21	140.65	202.22	176.51	285.68	185.12
	1.30	1.74	2.04	0.97	1.96	1.60	2.32	1.50	2.15	1.88	3.04	1.97
Key metrics
	199.10	221.80	259.94	143.91	238.94	209.76	269.56	187.67	260.40	245.84	394.15	257.68
	9.50%	12.30%	8.70%	7.30%	12.90%	12.60%	8.30%	7.60%	11.30%	11.30%	10.80%	9.20%
	5.80%	9.10%	6.40%	4.60%	10.00%	9.00%	6.70%	5.70%	8.80%	8.10%	7.80%	6.60%
	2.20%	—	2.90%	—	2.80%	—	3.30%	—	—	—	—	—
	12.90%	8.20%	-7.60%	-20.40%	-19.50%	-23.70%	-11.10%	-11.50%	—	—	—	—
	-34.00%	8.60%	-12.00%	-35.20%	-8.70%	-14.70%	-23.60%	-24.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	8,854	8,479	10,193	11,950	9,921	6,910
	440.59	499.72	484.31	437.45	340.43	270.85
	9,294	8,979	10,677	12,388	10,262	7,181
	8,533	8,181	9,760	11,232	9,378	6,571
	783.92	826.96	663.39	531.55	392.08	512.13
	0.00	0.00	0.00	—	—	—
	245.82	242.03	256.24	307.09	264.70	248.59
	7.77	6.27	7.41	9.61	2.80	10.39
	55.43	48.43	38.25	36.21	37.73	27.49
	7,440	7,057	8,794	80.77	43.60	51.88
	761.55	797.85	917.81	1,156	883.19	610.06
	0.00	0.00	0.00	—	—	—
	761.55	797.85	917.81	1,156	883.19	610.06
	192.90	179.40	180.22	292.64	106.36	65.74
	568.65	618.45	737.59	862.90	776.83	544.32
	6.05	6.58	7.84	9.17	8.26	5.79
Key metrics
	824.75	852.55	963.47	1,201	923.72	647.94
	9.32%	10.10%	9.50%	10.10%	9.30%	9.40%
	6.42%	7.30%	7.20%	7.20%	7.80%	7.90%
	—	9.50%	11.80%	—	—	—
	-4.07%	-16.80%	-14.70%	20.50%	43.60%	—
	-18.07%	-16.20%	-14.50%	11.10%	42.70%	—
	—	17.97	-512.89	—	—	—
	—	0.12	-0.60	—	—	—
	—	0.02	0.00	—	—	—
	—	-1,917	-1,978	—	—	—
	—	21.4	18.4	—	—	—
Balance sheet
	—	15,191	14,501	—	—	—
	—	10,877	10,560	—	—	—
	—	2,020	1,978	—	—	—
	—	1,668	1,649	—	—	—
	—	11.99	90.51	—	—	—
	—	1,877	2,016	—	—	—
	—	258.27	215.50	—	—	—
	—	1,181	1,225	—	—	—
	—	6,770	6,632	—	—	—
	—	103.00	0.00	—	—	—
	—	103.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	6,630	6,237	—	—	—
Cash flow
	—	77.10	-441.59	—	—	—
	—	-15.03	848.70	—	—	—
	—	-111.57	-279.80	—	—	—
	—	59.13	71.30	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -5.10%
Sales CAGR 5Y: —
Profit CAGR 3Y: -7.32%
Profit CAGR 5Y: —
Sales YoY (TTM): -4.07%
Profit YoY (TTM): -18.07%

Consolidated

Sales CAGR 3Y: -4.36%
Sales CAGR 5Y: —
Profit CAGR 3Y: -8.20%
Profit CAGR 5Y: —
Sales YoY (TTM): -2.58%
Profit YoY (TTM): -19.18%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.17%

Holder	Type	Holding	Previous	Change
THE PRESIDENT OF INDIA(THROUGH CHAIRMAN RAILWAY BOARD)	Promoter	65.17%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Press release in connection with Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30.09.2026.4 Nov 2026 · Company Update / Press Release / Media Release
Investors'' presentation on Unaudited Financial Results (standalone and consolidated) for the quarter and half year ended 30.09.20264 Nov 2026 · Company Update / Investor Presentation
Disclosure under Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 20154 Nov 2026 · Company Update / General
This is to inform that the Board of Directors at its meeting held today i.e. Wednesday, 4th November, 2026 has approved the Unaudited Financial Results (Standalone and Consolidated) for ....4 Nov 2026 · Result / Financial Results
This is to inform that the Board of Directors in its meeting held today i.e. Wednesday, 4th November, 2026 has approved the Unaudited Financial Results (Standalone and Consolidated) for ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
This is to intimate that a conference call is scheduled to be held on Thursday, 5th November, 2026 at 3:30 PM (IST), to discuss the financial results of the Company for the quarter and ....30 Oct 2026 · Company Update / Analyst / Investor Meet
IRCON International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve the Unaudited Financial ....28 Oct 2026 · Board Meeting / Board Meeting
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 201526 Oct 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Waiver of Fines by NSE.19 Oct 2026 · Company Update / General
Receipt of Letter of Acceptance (LOA) from East Central Railway12 Oct 2026 · Company Update / Award of Order / Receipt of Order
Receipt of letter of Acceptance (LOA) from M/s Konkan Railway Corporation Ltd.9 Oct 2026 · Company Update / Award of Order / Receipt of Order
Submission of Compliance Certificate under Regulation 74(5) of SEBI(DP) regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Regulation 30 (LODR)- Updates (Volume Movement)1 Oct 2026 · Company Update / General
The Exchange has sought clarification from IRCON International Ltd on October 1, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.1 Oct 2026 · Company Update / Clarification
Public Notice to Shareholders regarding special window for transfer & dematerialization of physical securities of Ircon International Limited.30 Sep 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015-Investor Conference24 Sep 2026 · Company Update / Analyst / Investor Meet
Scrutinizer''s Report and Voting Results of 50th Annual General Meeting of IRCON.24 Sep 2026 · AGM/EGM / AGM
Proceedings of 50th Annual General Meeting of the Company held on 24th September, 202624 Sep 2026 · AGM/EGM / AGM
Disclosure Under Regulation 30 of SEBI (LODR) Regulations, 201523 Sep 2026 · Company Update / General
Trading Window of Ircon International Limited will be closed from 1st October, 2026 till the end of 48 hours after the Financial Results of the Company for the quarter/ half year ending ....22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Report along with C&AG Comments for the Financial Year 2025-2615 Sep 2026 · Others / Reg. 34 (1) Annual Report
M/s. Vinod Singhal & Co LLP appointed as Statutory Auditor of the Company for the FY 2026-278 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Newspaper Publication of Notice of the 50th Annual General Meeting to be held on Thursday, 24th September, 20262 Sep 2026 · Company Update / Newspaper Publication
BRSR of IRCON for FY 2025-261 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
The Annual Report of IRCON for the FY 2025-261 Sep 2026 · Company Update / General
The Annual Report of IRCON for FY 2025-261 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed the Notice of 50th AGM of IRCON scheduled to be held on 24.09.20261 Sep 2026 · AGM/EGM / AGM
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, 202631 Aug 2026 · Company Update / Change in Management
Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 -Investors conference Intimation27 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication regarding 50th Annual General Meeting of the Company.27 Aug 2026 · Company Update / Newspaper Publication
Imposition of fine by NSE and BSE for the quarter ended 30th June, 2026.25 Aug 2026 · Company Update / General
The Record Date for the final dividend for FY 2025-2625 Aug 2026 · Corp. Action / Record Date
The details of the 50th AGM and other relevant details fixed in connection with the AGM.25 Aug 2026 · AGM/EGM / AGM
Intimation for the 50th Annual General Meeting of IRCON and other relevant details fixed in connection with the AGM.25 Aug 2026 · AGM/EGM / AGM
Appointment of Independent Director w.e.f. 17th August, 202617 Aug 2026 · Company Update / Change in Directorate
Nomination of Non-Official (Independent) Director13 Aug 2026 · Company Update / General
Publication of Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 202613 Aug 2026 · Company Update / Newspaper Publication
Press Release- Highlights of Financial Results for quarter ended on 30th June, 2026.12 Aug 2026 · Company Update / Press Release / Media Release
Intimation of Investor Presentation-Q1FY2712 Aug 2026 · Company Update / Investor Presentation
M/s Bandyopadhyaya Bhaumik & Co., Cost Accountants, has been re-appointed as Cost Auditor of the Company for FY 2026-2712 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.7000	17 Sep 2026	17 Sep 2026	—
Interim Dividend - Rs. - 1.2000	17 Feb 2026	17 Feb 2026	—
Final Dividend - Rs. - 1.0000	11 Sep 2025	11 Sep 2025	—
Interim Dividend - Rs. - 1.6500	17 Feb 2025	17 Feb 2025	—
Final Dividend - Rs. - 1.3000	5 Sep 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results