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 |
---|---|---|
20.62 | 2.66 | 1.85% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
40.87 | 5.89 | 0.66% |
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
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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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 | 11,576.79 | ||||||||||
Raw Materials | 336.06 | 371.99 | 349.29 | 390.69 | 349.71 | 368.04 | 512.17 | 392.29 | 533.61 | 10,234.28 | ||||||||||
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 | 1,342.51 | ||||||||||
Depreciation/Amortization | 30.90 | 26.68 | 16.42 | 51.61 | 82.94 | 92.09 | 95.17 | 107.46 | 100.43 | 112.86 | ||||||||||
PBIT | 654.89 | 614.18 | 620.56 | 638.79 | 699.84 | 601.01 | 750.68 | 1,009.52 | 1,410.60 | 1,229.65 | ||||||||||
Interest & Other Items | 43.30 | 58.65 | 65.12 | 14.53 | 27.89 | 23.49 | 62.03 | 118.52 | 149.47 | 197.75 | ||||||||||
PBT | 611.59 | 555.53 | 555.44 | 624.26 | 671.95 | 577.52 | 688.65 | 891.00 | 1,261.13 | 1,031.90 | ||||||||||
Taxes & Other Items | 218.49 | 171.55 | 146.78 | 174.19 | 186.68 | 186.46 | 96.31 | 125.77 | 331.56 | 268.50 | ||||||||||
Net Income | 393.10 | 383.98 | 408.66 | 450.07 | 485.27 | 391.06 | 592.34 | 765.23 | 929.57 | 763.40 | ||||||||||
EPS | 1.99 | 0.65 | 0.42 | 0.87 | 5.16 | 4.16 | 6.30 | 8.14 | 9.88 | 8.12 | ||||||||||
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 | 0.38 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Ircon International Ltd | 16.93 | 2.66 | 1.85% |
Larsen and Toubro Ltd | 34.37 | 4.38 | 1.04% |
GMR Airports Ltd | -137.09 | -90.06 | — |
IRB Infrastructure Developers Ltd | 49.31 | 2.17 | 0.61% |
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 0.0496% | 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 0.0340% | 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) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0208% | 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 1.85%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹18.53 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
Cash Dividend
Ex DateEx DateFeb 17, 2025
Dividend/Share
₹1.65
Ex DateEx Date
Feb 17, 2025
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
Revenue from operations declined 10.81% to Rs 2,612.86 crore during the quarter, compared to Rs 2,929.54 crore in the same quarter last year. Profit from operations before tax stood at Rs 131.82 crore in Q3 FY25, down 57.99%, compared with Rs 313.79 crore recorded in the same quarter last year. EBITDA was Rs 218.3 crore in Q3 FY25, down 42.26% from Rs 378.1 crore in Q3 FY24. The company's EBITDA margin stood at 8.1% in Q3 FY25. The company's revenue from international customers fell 3.21% YoY to Rs 80.49 crore in Q3 FY25, while revenue from domestic customers decreased 11.03% YoY to Rs 2,532.37 crore in the same quarter. As of 31 December 2024, the company's total order book is Rs 21,939 crore, with Rs 17,075 crore for railways, Rs 4,775 crore for highways, and Rs 89 crore for others. Meanwhile, the company's board declared an interim dividend of Rs 1.65 per equity share for FY24-25, with the record date set for 17 February 2025. On a 9-month basis, the company's net profit fell 24.43% to Rs 516.05 crore on 15.8% decline in revenue from operations to Rs 7,347.51 crore in 9M FY25 over 9M FY24. Ircon International is a public sector construction company with an emphasis on infrastructure projects, with a specialization in the execution of railway projects on a turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substations and distribution, airport construction, commercial complexes, as well as metro rail works.Powered by Capital Market - Live
Ircon International announced that the Board of Directors of the Company at its meeting held on 11 February 2025, inter alia, have recommended the interim dividend of Rs 1.65 per equity Share (i.e. 82.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Ircon International declined 64.61% to Rs 86.59 crore in the quarter ended December 2024 as against Rs 244.64 crore during the previous quarter ended December 2023. Sales declined 10.81% to Rs 2612.86 crore in the quarter ended December 2024 as against Rs 2929.54 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2612.862929.54 -11 OPM %5.058.83 - PBDT162.34340.90 -52 PBT131.82313.79 -58 NP86.59244.64 -65 Powered by Capital Market - Live
Ircon International (IRCON) has been awarded an EPC contract (Package No-04) 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 project worth Rs 531.90 crore (Ircon's share - Rs 138.29 crore) entails the construction of Rigid Pavement and Lined Drain of Selected Roads under Highway South Division ' Package 4: Total Road Length ' 111.182 km. Powered by Capital Market - Live
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
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 27.97%