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Ircon International share price & results

Ircon International Limited· Construction· Industrials

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

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

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,956 ₹ crore+9.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin10.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit92.0 ₹ crore−43.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity8.12 %−2.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-12.66 %+7.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-9.92 %−1.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 4 judged targets kept · 8 open · verdicts reflect calls analysed to Q4 FY26.

Ircon International Limited management guidance track record on Inve: 12 targets tracked across analysed earnings calls (2 achieved, 2 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 PAT Margin5% to 5.5%
Call transcript, Q3 FY25 · 12 Feb 2025		Q3 FY25Q4 FY26:Actual FY26 PAT of ₹592 cr on revenue of ₹9,502 cr resulted in a PAT margin of 6.23%, meeting the revised guidance and exceeding the original target.
Call transcript, Q4 FY26 · 25 May 2026		Achieved
Asset MonetizationMonetize operational road/highway assetsQ4 FY24Q4 FY26:The topic of asset monetization was not addressed in the earnings call or presentation.
Call transcript, Q4 FY26 · 25 May 2026		Delayed
CERL JV Loss PeriodLosses for another 2 yearsQ4 FY24Q4 FY26:The timeline was pushed out again, with management now expecting break-even 'in the next two years'.
Call transcript, Q4 FY26 · 25 May 2026		Delayed

Source: Inve Guidance Tracker for Ircon International Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Ircon International Limited's 12 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

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Price

₹98.61 +1.06% · +₹1.03

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −41.9% 1Y

₹100₹120₹140₹160₹180Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 13 Nov 2025Q4 FY26 — 25 May 2026

1Y: ₹169.82 on 24 Oct 2025 → ₹98.61. High ₹179.22 (2 Jan 2026), low ₹97.58 (26 Oct 2026).

Previous close
₹97.58
Market cap
₹9.2k Cr
52-week range
₹97.58 – ₹179.22
One year
−42.08%
Price to earnings (TTM to Jun 2026)
17.52×
Return on equity (TTM to Jun 2026)
8.12%

Overview

Symbol
NSE:IRCON
Industry
Industrials
Exchange
NSE
Currency
INR

What Ircon International Limited does

Based on the company's own presentations, annual report and earnings calls.

IRCON International is a Navratna Central Public Sector Enterprise under India's Ministry of Railways that designs, builds and manages railway, highway and other infrastructure projects on an EPC (design-to-commissioning) basis, using its own construction equipment and in-house civil, mechanical, electrical, signalling and telecom design teams. It also delivers Public-Private Partnership rail projects through joint-venture SPVs on DBFOT/toll/annuity models, offers project-management-and-consultancy (PMC) services for railway, highway and building works (directly or via subsidiary Ircon Infrastructure & Services Ltd), and develops and leases commercial real estate. The group comprises 11 subsidiaries and 7 joint ventures and has executed projects both domestically and in around two dozen countries across Asia, Africa, the Middle East, Europe and South America.

Segments

  • EPC (Engineering, Procurement & Construction)
  • PPP (Public-Private Partnership)
  • PMC (Project Management & Consultancy)
  • Real Estate
Corporate status
Navratna Central Public Sector Enterprise under Ministry of Railways
Group structure
11 subsidiaries and 7 joint ventures
International footprint
Projects executed across ~24 countries in Asia, Africa, the Middle East, Europe and South America
Domestic projects completed
405
International projects completed
130
Railway track laid
5,740 TKM
Founded 1976Headquarters New Delhi, IndiaEmployees 1,182 (2025-03-31) Company website

How the price took the results

close before → close after

Q4 FY26
+1.2%
25 May
Q2 FY26
−3.2%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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