Ircon International Ltd (IRCON) — shareholding pattern, promoter holding, financials and share price
About Ircon International Ltd (IRCON)
Ircon International Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as IRCON and on the BSE under scrip code 541956. Its ISIN is INE962Y01021.
Ircon International Limited (IRCON) commenced its business in 1976 as a railway construction company, it diversified progressively since 1985 as an integrated engineering and construction PSU specializing in large and technologically complex infrastructure projects in various sectors such as railways, highways, etc. [1] [2]
Ircon International Limited is a Navratna public sector engineering and construction company specialising in turnkey EPC for railways, highway works, tunnels, bridges, electrification, signalling, buildings and large infra projects both in India and internationally, with the Government of India as the majority promoter and a network of 11 subsidiaries and seven joint ventures delivering project execution.
Financials show mixed trends: Q3FY26 consolidated revenue fell 18.9% year‑on‑year to Rs.2,119 crore while EBITDA rose to Rs.269 crore and PAT increased YoY to Rs.100 crore, but 9MFY26 consolidated revenue declined almost 20% versus prior year, reflecting uneven project billing and timing rather than loss of contract momentum for Ircon International Limited.
Listed peers in Civil Construction: Engineers India Ltd, KEC International Ltd, Techno Electric & Engineering Company Ltd, Afcons Infrastructure Ltd, Rites Ltd, NCC Ltd.
Valuation & Returns
10 Jul 2026At ₹131.3 a share on 10 Jul 2026, Ircon International Ltd (IRCON) was valued at a price-to-earnings ratio of 20.86x against an industry P/E of 25.97x and a price-to-book of 1.86x on a book value of ₹70.59 per share. Solomo computes return on equity of 8.97% and return on capital employed of 7.95% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 20.86x
- Industry P/E
- 25.97x
- P/B
- 1.86x
- EPS (TTM)
- ₹6.29
- Book value / share
- ₹70.59
- ROE
- 8.97%
- ROCE
- 7.95%
- ROA
- 2.78%
- Debt / equity
- 0.86x
- Dividend yield
- 2.02%
- EBITDA margin
- 14.1%
- 52-week range
- ₹114.5 – ₹195
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ircon International Ltd (IRCON) reported revenue of ₹9,071 crore, net profit of ₹592 crore and earnings per share of ₹6.33. That compares with revenue of ₹10,760 crore and net profit of ₹728 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3,189 crore and net profit ₹191 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 7,380 | 10,368 | 12,514 | 10,760 | 9,071 |
| Net profit (₹ cr) | 592 | 765 | 930 | 728 | 592 |
| EPS (₹) | 6.3 | 8.14 | 9.88 | 7.73 | 6.33 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 17.33% | 14.40% | 13.83% | -14.02% |
| Profit growth | 7.18% | 8.53% | 10.66% | -21.70% |
| Stock price CAGR | - | 23% | 16% | -32% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.17% of Ircon International Ltd (IRCON) (unchanged from the previous quarter), foreign institutional investors (FII) hold 4.6% and domestic institutional investors (DII) hold 1.79%. Market capitalisation was ₹12,349 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.17% | - | 4.6% | 1.79% | 34.83% |
| Mar 2026 | 65.17% | - | 4.78% | 1.79% | 34.83% |
| Dec 2025 | 65.17% | - | 4.54% | 1.72% | 34.83% |
| Sep 2025 | 65.17% | - | 4.61% | 1.64% | 34.83% |
| Jun 2025 | 65.17% | - | 4.57% | 1.6% | 34.83% |
| Mar 2025 | 65.17% | - | 4.11% | 1.57% | 34.83% |
| Dec 2024 | 65.17% | - | 4.08% | 1.44% | 34.83% |
| Sep 2024 | 65.17% | - | 3.94% | 1.64% | 34.83% |