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    Ircon International Limited

    State-run Navratna PSU building railway, highway and infrastructure projects across India and 24 countries.

    Construction
    Industrials
    View IRCON earnings calls
    ₹129.33
    -6.53% from avg

    Overview

    Price

    ₹129.33

    Market Cap

    ₹11.9k Cr

    Sector

    Construction

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9494188188188188188188
    Reserves4.1k4.3k4.5k5.0k5.7k6.1k6.3k6.5k
    Borrowings03311.4k1.5k2.6k4.3k5.1k5.7k
    Other Liabilities6.0k6.5k8.4k8.8k9.0k8.9k8.6k8.9k
    Total Liabilities10.2k11.3k14.4k15.5k17.5k19.5k20.2k21.3k
    AssetsFixed Assets2.0k1.9k1.8k1.8k1.7k2.5k3.5k3.5k
    CWIP30133619549976620595
    Investments8038509711.0k1.6k1.3k1.9k1.4k
    Other Assets7.4k8.5k11.6k12.6k13.6k14.8k14.3k15.8k
    Total Assets10.2k11.3k14.4k15.5k17.5k19.5k20.2k21.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-1.2k-1365181.4k-278-79-1.1k-618
    Cash from Investing616447-785-1.2k1.6k-72054-366
    Cash from Financing-93-275169671-2236401.2k801
    SummaryCapital Expenditure
    Free Cash Flow-1.5k-1855341.4k-376-887-2.2k-1.1k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    IRCON · CAPITAL_INTENSIVE

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