Ircon International Ltd
IRCONIrcon International Ltd
IRCON


Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
19.51 | 3.04 | 1.62% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
43.25 | 6.24 | 0.63% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
IRCON International Ltd is a civil engineering construction Company
Peers
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,914.12 | 3,380.65 | 4,213.23 | 5,011.15 | 5,570.08 | 5,538.31 | 7,645.65 | 10,781.33 | 12,916.74 | 11,926.54 | ||||||||||
Raw Materials | 336.06 | 371.99 | 349.29 | 390.69 | 349.71 | 368.04 | 512.17 | 392.29 | 533.61 | 10,424.20 | ||||||||||
Power & Fuel Cost | 1.61 | 1.58 | 3.77 | 5.84 | 6.93 | 7.68 | 7.62 | 8.05 | 10.55 | |||||||||||
Employee Cost | 180.69 | 156.07 | 241.11 | 263.57 | 279.34 | 247.39 | 266.61 | 284.12 | 326.80 | |||||||||||
Selling & Administrative Expenses | 14.53 | 21.35 | 44.15 | 56.34 | 49.49 | 18.12 | 20.60 | 25.31 | 35.83 | |||||||||||
Operating & Other expenses | 1,695.44 | 2,188.80 | 2,937.93 | 3,604.31 | 4,101.83 | 4,203.98 | 5,992.80 | 8,954.58 | 10,498.92 | |||||||||||
EBITDA | 685.79 | 640.86 | 636.98 | 690.40 | 782.78 | 693.10 | 845.85 | 1,116.98 | 1,511.03 | 1,502.34 | ||||||||||
Depreciation/Amortization | 30.90 | 26.68 | 16.42 | 51.61 | 82.94 | 92.09 | 95.17 | 107.46 | 100.43 | 109.45 | ||||||||||
PBIT | 654.89 | 614.18 | 620.56 | 638.79 | 699.84 | 601.01 | 750.68 | 1,009.52 | 1,410.60 | 1,392.89 | ||||||||||
Interest & Other Items | 43.30 | 58.65 | 65.12 | 14.53 | 27.89 | 23.49 | 62.03 | 118.52 | 149.47 | 179.02 | ||||||||||
PBT | 611.59 | 555.53 | 555.44 | 624.26 | 671.95 | 577.52 | 688.65 | 891.00 | 1,261.13 | 1,213.87 | ||||||||||
Taxes & Other Items | 218.49 | 171.55 | 146.78 | 174.19 | 186.68 | 186.46 | 96.31 | 125.77 | 331.56 | 292.42 | ||||||||||
Net Income | 393.10 | 383.98 | 408.66 | 450.07 | 485.27 | 391.06 | 592.34 | 765.23 | 929.57 | 921.45 | ||||||||||
EPS | 1.99 | 0.65 | 0.42 | 0.87 | 5.16 | 4.16 | 6.30 | 8.14 | 9.88 | 9.80 | ||||||||||
DPS | 8.50 | 3.74 | 2.04 | 2.16 | 2.38 | 1.50 | 2.50 | 3.00 | 3.10 | 3.10 | ||||||||||
Payout ratio | 4.28 | 5.79 | 4.82 | 2.48 | 0.46 | 0.36 | 0.40 | 0.37 | 0.31 | 0.32 |
Company Updates
Peers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Ircon International Ltd | 19.34 | 3.04 | 1.62% |
Larsen and Toubro Ltd | 35.31 | 4.50 | 1.01% |
GMR Airports Ltd | -141.00 | -92.63 | — |
IRB Infrastructure Developers Ltd | 53.80 | 2.37 | 0.56% |
Price Comparison
Compare IRCON with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Ircon International Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0435% | Percentage of the fund’s portfolio invested in the stock 0.41% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 95/253 (+21) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0258% | Percentage of the fund’s portfolio invested in the stock 0.36% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 176/254 (-6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0182% | Percentage of the fund’s portfolio invested in the stock 0.41% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 95/252 (+20) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.62%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹16.22 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 5, 2024
Dividend/Share
₹1.30
Ex DateEx Date
Sep 5, 2024
Cash Dividend
Ex DateEx DateFeb 16, 2024
Dividend/Share
₹1.80
Ex DateEx Date
Feb 16, 2024
Cash Dividend
Ex DateEx DateSep 5, 2023
Dividend/Share
₹1.20
Ex DateEx Date
Sep 5, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹1.80
Ex DateEx Date
Feb 17, 2023
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹0.65
Ex DateEx Date
Sep 8, 2022
Ircon International will hold a meeting of the Board of Directors of the Company on 11 February 2025.Powered by Capital Market - Live
Ircon International announced that Anand Bhatia, Addl. Member (CE), Railway Board [DIN:10937265] has been appointed as Government Nominee (Part Time Official) Director of the Company with effect from 4 February, 2025 (the date of allotment of DIN) till he holds the post of Addl. Member (CE), Railway Board or further orders, whichever is earlier.Powered by Capital Market - Live
Ircon International has fixed 17 February 2025 as record date for interim dividend for FY 2024-25, if declared. Powered by Capital Market - Live
Ircon International has been awarded an EPC contract worth Rs 631.20 crore in JV (AMRIL (74%) -IRCON (26%)) through Letter of Acceptance by Office of the Project Director, Externally Aided Projects (EAP), Public Works Department (PWD) Manipur. The company's share in the project is Rs 164.11 crore. The contract involves construction of rigid pavement and lined drain of selected roads under Imphal East Division (ED - 2) - Package 3: Total Road Length - 122.209 km. Powered by Capital Market - Live
Ircon International announced that Alin Roy Choudhury, Chief General Manager (Finance) has been appointed as Chief Financial Officer and Key Managerial Personnel and Chief Investor Relation Officer of IRCON with effect from 1 January 2025. Powered by Capital Market - Live
The appointment is effective from 01 January 2025. Alin Roy Choudhury is a qualified cost and management accountant (CMA) with over 30 years of extensive experience in the infrastructure and construction sector. He has been associated with Ircon International for the past 27 years and currently serves as the chief general manager (finance) of the company. Ircon International is a public sector construction company, with emphasis on infrastructure projects, with specialization in execution of Railway projects on turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substation and distribution, airport construction, commercial complexes, as well as metro rail works. The company's consolidated net profit decline 17.90% to Rs 205.9 crore in Q2 FY25 as against Rs 250.8 crore posted in Q2 FY24. Revenue from operations slipped 19.31% to Rs 2,447.52 crore during the quarter as compared with Rs 3,033.27 crore posted in corresponding quarter last year. Powered by Capital Market - Live
The first project, worth approximately Rs 39 crore, involves outsourcing the maintenance and breakdown attention work for nine overhead electrification (OHE) depots and associated passenger safety integration (PSI) assets in the Tinsukia Division. The second project, valued at approximately Rs 50 crore, entails similar maintenance and breakdown services for 11 OHE depots and PSI assets within the Lumding Division of Northeast Frontier Railway. The contract execution period is 24 months. Ircon International is a public sector construction company, with emphasis on infrastructure projects, with specialization in execution of Railway projects on turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substation and distribution, airport construction, commercial complexes, as well as metro rail works. The company's consolidated net profit decline 17.90% to Rs 205.9 crore in Q2 FY25 as against Rs 250.8 crore posted in Q2 FY24. Revenue from operations slipped 19.31% to Rs 2,447.52 crore during the quarter as compared with Rs 3,033.27 crore posted in corresponding quarter last year. Powered by Capital Market - Live
Ircon International has made investment of Rs.5.40 crore in the equity shares of Ircon Bhoj Morbe Expressway (IrconBMEL), a wholly owned subsidiary of IRCON. Powered by Capital Market - Live
Ircon International announced the cessation of the following directors with effect from 08 November 2024: 1. Dipendra Kumar Gupta [DIN:09398271] 2. Ajay Kumar Chauhan [DIN:09394953] 3. Ranjana Upadhyay [DIN:07787711] Powered by Capital Market - Live
The key equity indices traded near flat line with negative bias in morning trade. The Nifty traded below the 24,200 level. Oil & gas shares extended losses for the second consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex shed 21.74 points or 0.03% to 79,520.05. The Nifty 50 index lost 13.20 points or 0.05% to 24,186.15. In the broader market, the S&P BSE Mid-Cap index fell 0.23% and the S&P BSE Small-Cap index declined 0.48%. The market breadth was negative. On the BSE, 1,613 shares rose and 2,003 shares fell. A total of 156 shares were unchanged. Result Today: Tata Motors (down 0.85%), Ashok Leyland (down 1.53%), State Bank of India (down 1.10%), MRF (down 0.58%), Welspun Corp (down 0.99%), Motherson Sumi Wiring India (down 0.43%), Fortis Healthcare (down 0.91%), Aarti Industries (down 0.68%), Metropolis Healthcare (up 0.13%), Dreamfolks Services (up 0.09%), Jupiter life Line Hospitals (up 0.92%), GE Vernova T&D (up 0.57%), India Cements (up 1.85%), Inox India (up 5.92%), Info Edge (down 0.80%), Orient Cement (down 0.99%), Piccadily Agro (up 2.54%), Premier Energies (up 1.95%), Puravankara (down 1.15%), Relaxo Footwears (down 0.98%), R Systems International (Q3) (down 0.25%), Safari Industries (up 1.11%), ZF Commercial (down 0.48%), Mrs. Bectors Food Specialities (up 0.21%) and Cholamandalam Financial (down 1.19%) will declare their result later today. Buzzing Index: The Nifty Oil & Gas index fell 1.40% to 11,292.55. The index slipped 2.07% in two consecutive trading sessions. Petronet LNG (down 3.43%), Gujarat Gas (down 2.94%), Oil India (down 2.93%), Hindustan Petroleum Corporation (down 2.71%), GAIL (India) (down 2.06%), Bharat Petroleum Corporation (down 2.03%), Gujarat State Petronet (down 1.61%), Indian Oil Corporation (down 1.46%), Reliance Industries (down 1.23%) and Oil & Natural Gas Corpn (down 0.98%) declined. Stocks in Spotlight: Ircon International dropped 4.79% after the company's consolidated net profit decline 17.90% to Rs 205.9 crore in Q2 FY25 as against Rs 250.8 crore posted in Q2 FY24. Revenue from operations slipped 19.31% to Rs 2,447.52 crore during the quarter as compared with Rs 3,033.27 crore posted in corresponding quarter last year. Mahanagar Gas added 0.05%. The company said that it will form a joint venture entity with International Battery Company for undertaking the manufacturing, promotion, marketing, distribution and sale of battery cells to customers in India. Rail Vikas Nigam (RVNL) fell 5.34% after the company reported 27.26% decline in consolidated net profit to Rs 286.89 crore in Q2 FY25 as against Rs 394.42 crore posted in Q2 FY24. However, revenue from operations decreased 1.20% YoY to Rs 4,854.95 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 20.85%, vs industry avg of 8.79%
Increasing Market Share
Over the last 5 years, market share increased from 1.6% to 2.68%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 15.61%, vs industry avg of 27.91%