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As of 6 Nov 2026, IRCON International trades at 20.8× trailing earnings, above the industry P/E of 16.4×, and the shares are 42% below their 52-week high. Sales and net profit fell 5.0% and 8.0% a year over 3 years; its ROCE of 8.2% is the lowest among the 7 largest Engineering & Construction peers. Debt is 0.86× equity, and its dividend yield is 1.8%. It is a small-cap company with a market cap of ₹10,174 Cr, ranked 10th of 156 Engineering & Construction companies by market cap; the shares fell 37% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹105.05
Day high
₹108.69
Day low
₹104.33
Prev. close
₹106.75
Volume
33.3 L

Health check

1 fair · 5 to check
  • ReturnsBehind

    −36.5% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 20.8 vs industry 16.4.

  • GrowthShrinking

    Sales −5.0%, profit −8.0% a year over 3 years.

  • ProfitabilityWeak

    ROCE 8.2% vs peer median 19.9%.

  • Balance sheetFair

    Debt 0.86× equity, interest covered 3.0×, Piotroski 4 of 9.

  • Red flags3 to check

    Quarterly profit down 25.8% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹10,174 Cr, #10 of 156 in its industry by size.

Defensive

Beta 0.71 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹9,241 Cr · profit ₹524 Cr
Market cap
₹10,174 Cr
Small cap
P/E
20.8
Industry 16.4
Price to book
1.53
Peers 4.92
Dividend yield
1.76%
ROE
9.2%
Peers 17.9%
ROCE
8.2%
Peers 19.9%
Debt to equity
0.86
Debt ₹5,726 Cr
EPS (TTM)
₹5.19
Face value ₹2
OPM (TTM)
9.1%
Net margin 5.7%
Sales growth
+14.9%
Latest quarter vs a year ago
Profit growth
−25.8%
Latest quarter vs a year ago
Price to sales
1.10
EV/EBITDA 13.8

Strengths and risks

Risks to check

  • Quarterly profit down 25.8% on a year ago.
  • 42% below its 52-week high.
  • Interest coverage of only 2.0×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About IRCON International

Ircon International Limited, together with its subsidiaries, engages in providing engineering and construction services. It undertakes construction of new railway lines; rehabilitation/conversion of existing lines, station buildings and facilities, and bridges; construction of railway bridges, tunnels, and signaling and telecommunication networks; railway electrification works; wet leasing of locomotives; and setting up of production units for manufacture…

Headquarters
New Delhi
Employees
793
Sector
Industrials
ISIN
INE962Y01021
Website
ircon.org

Price range

52 weeks

₹95.76₹186.44

Today

₹104.33₹108.69
Avg volume (3M)
38.4 L
1-year return
minus 36.5%
From 52-week high
minus 42.0%

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
LTLarsen & Toubro4,117.70plus 1.67%5,66,54931.719.614.6%9.6%1.0516.1%plus 3.2%
RVNLRail Vikas Nigam193.34minus 0.18%40,31244.956.911.0%4.3%0.490.2%minus 40.5%
CEMPROCemindia Projects1,323.30plus 2.79%24,40536.424.237.1%10.4%0.3525.5%plus 49.2%
KPILKalpataru Projects International1,370.80minus 0.04%23,41019.710.119.9%8.3%0.4618.4%plus 4.3%
NBCCNBCC (India)78.00minus 2.90%21,06026.519.834.3%6.1%0.0012.9%minus 29.5%
ENGINERSINEngineers India292.70minus 1.94%16,45118.321.528.1%21.2%0.005.7%plus 51.1%
WABAGVA Tech Wabag1,988.20plus 6.57%12,43429.420.816.3%10.9%0.099.9%plus 33.2%
IRCONIRCON International108.17plus 1.33%10,17420.814.58.2%9.1%0.86−5.0%minus 36.5%
Median of 7 peers–−0.04%23,41029.420.819.9%9.6%0.3512.9%4.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
1,9772,1193,1891,9562,272
1,8361,9612,9221,7512,033
141158267205239
7.1%7.4%8.4%10.5%10.5%
15611212273.580.9
84.59397.3107114
4041.64444.945.7
172135248127160
20.8%25.9%22.7%27.4%37.1%
13910119292.7103
1.471.072.041.990.99

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−5.0%
Profit CAGR 3Y
−8.0%
EPS CAGR 3Y
−8.0%
ROE
9.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10,34712,30110,5408,865
–+18.9%minus 14.3%minus 15.9%
9,64411,1669,6928,097
7041,136847768
6.8%9.2%8.0%8.7%
592445426499
300250264390
107100118161
2.330.747.749.5
8911,261939767
14.1%26.3%22.5%22.8%
765930727595
–+21.5%minus 21.7%minus 18.1%
8.149.887.736.33

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
188188188188
5,0235,6256,0816,451
1,5252,5824,3075,731
8,8018,9998,8888,937
15,53717,39519,46421,307
2551,0802,2042,757
508641,202602
125125––
5,2125,2534,8594,786
9,89510,07211,19913,161
15,53717,39519,46421,307

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−278−78.6−1,110−618
1,578−70531.9−366
−2236401,156801
1,077−14478.4−182
−99.8−848−1,052−533
−378−927−2,162−1,151
−230−282−277−207

Shareholding pattern

Source: NSE filings
65.2%
promoters
  • Promoters65.17%
  • Public34.83%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202665.17%34.83%0.00
30 Jun 202665.17%34.83%0.00
31 Mar 202665.17%34.83%0.00
31 Dec 202565.17%34.83%0.00
30 Sep 202565.17%34.83%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you