Ircon International Limited

Construction · Construction

NSE: IRCON BSE: 541956

₹117.09

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Construction

The largest companies in the same industry by market cap. This company ranks #9 of 110. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Larsen & Toubro Limited	517,274	71.3	14.7%	2.4%	1.01%	62	20	12
Rail Vikas Nigam Limited	42,067	50.7	8.9%	-41.4%	0.85%	52	17	47
Kalpataru Projects International Limited	23,577	26.3	13.3%	11.0%	0.80%	52	60	49
NBCC (India) Limited	21,195	32.2	23.1%	-28.3%	—	77	0	10
IRB Infrastructure Developers Limited	21,124	13.3	4.1%	-57.8%	—	54	93	11
Cemindia Projects Limited	20,481	34.5	24.9%	46.2%	0.25%	62	1	29
Engineers India Limited	17,401	25.7	22.0%	53.5%	—	83	49	89
Techno Electric & Engineering Company Limited	11,732	22.8	11.4%	-24.6%	0.69%	66	69	68
Ircon International Limited (this stock)	11,012	17.5	8.9%	-32.6%	—	64	79	52

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹9,095 Cr

EV / EBITDA

10.5x

EV / Sales

1.06x

Market cap / Sales

1.28x

Earnings yield

5.73%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,927 Cr, up 8.8% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 164 Cr, up 8.6% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,800	204	164	₹1.7400
March 31, 2026	2,998	246	192	₹2.0400
Dec. 31, 2025	1,965	131	91	₹0.9700
Sept. 30, 2025	1,852	226	185	₹1.9600
June 30, 2025	1,664	195	151	₹1.6000
March 31, 2025	3,243	258	218	₹2.3200
Dec. 31, 2024	2,470	177	141	₹1.5000
Sept. 30, 2024	2,299	249	202	₹2.1500
June 30, 2024	2,180	234	177	₹1.8800
March 31, 2024	3,649	383	286	₹3.0400
Dec. 31, 2023	2,792	246	185	₹1.9700
Sept. 30, 2023	2,884	299	230	₹2.4500
June 30, 2023	2,626	228	162	₹1.7190

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,927	3,126	2,054	2,027	1,771	3,375	2,570	2,455	2,278	3,797	2,876	3,022	2,693
Operating revenue	1,800	2,998	1,965	1,852	1,664	3,243	2,470	2,299	2,180	3,649	2,792	2,884	2,626
Other income	126	129	88	176	107	131	100	156	97	148	84	139	68
Operating expenses	1,705	2,866	1,910	1,788	1,562	3,105	2,382	2,194	2,032	3,402	2,618	2,711	2,455
Operating profit	96	131	56	63	103	138	88	105	148	247	174	173	171
Operating profit margin	5.3%	4.4%	2.8%	3.4%	6.2%	4.3%	3.6%	4.5%	6.8%	6.8%	6.2%	6.0%	6.5%
Depreciation	15	13	12	12	11	10	10	10	10	9	9	9	9
Interest	3	1	1	0	4	2	1	2	2	2	3	3	2
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	204	246	131	226	195	258	177	249	234	383	246	299	228
Tax	40	54	40	42	44	40	36	46	58	97	61	69	66
Net profit	164	192	91	185	151	218	141	202	177	286	185	230	162
EPS	1.74	2.04	0.97	1.96	1.60	2.32	1.50	2.15	1.88	3.04	1.97	2.45	1.72
Net profit (TTM)	631	618	645	694	712	738	805	850	878	863	825	868	815
EPS (TTM)	6.71	6.57	6.85	7.38	7.57	7.85	8.57	9.04	9.34	9.18	8.78	9.23	8.67

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	8,479	798	618
March 31, 2025	10,193	918	738
March 31, 2024	11,950	1,156	863
March 31, 2023	9,921	883	777

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Total income (before exceptional items)	-4.4%	11.5%	8,979^†	10,677^†	12,388^†	10,262^†	7,181^†	5,200^†	5,442^†
Operating revenue	-5.1%	11.4%	8,479	10,193	11,950	9,921	6,908^†	4,948^†	5,202^†
Other income	—	—	500^†	484^†	437^†	340^†	273^†	253^†	239^†
Operating expenses	—	—	8,126^†	9,714^†	11,186^†	9,332^†	6,533^†	4,587^†	4,726^†
Operating profit	-15.7%	-0.5%	353^†	479^†	764^†	590^†	375^†	361^†	477^†
Operating profit margin	—	—	4.2%^†	4.7%^†	6.4%^†	5.9%^†	5.4%^†	7.3%^†	9.2%^†
Depreciation	—	—	48^†	38^†	36^†	38^†	27^†	25^†	16^†
Interest	—	—	6^†	7^†	10^†	9^†	10^†	15^†	27^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-3.3%	6.8%	798	918	1,156	883	610^†	574^†	673^†
Tax	—	—	179^†	180^†	293^†	106^†	66^†	169^†	183^†
Net profit	-7.3%	8.9%	618	738	863	777	544^†	405^†	490^†
EPS	-7.4%	-0.2%	6.57^†	7.85^†	9.18^†	8.26^†	5.79^†	6.63^†	52.08^†

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Operating margin	4.2%^†	4.7%^†	6.4%^†	5.9%^†	5.4%^†	7.3%^†	9.2%^†
EBIT margin	9.5%^†	9.1%^†	9.7%^†	9.0%^†	9.0%^†	11.9%^†	13.5%^†
PBT margin	9.4%	9.0%	9.7%	8.9%	8.8%^†	11.6%^†	12.9%^†
Net margin	7.3%	7.2%	7.2%	7.8%	7.9%^†	8.2%^†	9.4%^†
Interest coverage	128.25x^†	124.86x^†	121.24x^†	98.05x^†	59.72x^†	39.97x^†	25.63x^†
Dividend payout	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—
Current ratio	1.61x	1.59x	—	—	—	—	—
Quick ratio	1.60x	1.58x	—	—	—	—	—
Debt to equity	0.02x	0.00x	—	—	—	—	—
Return on equity	9.3%	11.8%	—	—	—	—	—
Return on assets	4.1%	5.1%	—	—	—	—	—
Return on capital employed	9.5%^†	11.8%^†	—	—	—	—	—
Asset turnover	0.56x	0.70x	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	77	-15	-112	59	18
March 31, 2025	-442	849	-280	71	-513
March 31, 2024	285	-326	-284	34	251
March 31, 2023	-120	1,310	-231	13	-133
March 31, 2022	13	-1	-3	0	13

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	15,191	6,630	6,442	103	0	10,877	6,770	2,020	258	12
March 31, 2025	14,501	6,237	6,049	0	0	10,560	6,632	1,978	216	91
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.