| Revenue growth | FY26 revenue of ₹9,502cr vs ₹11,131cr in FY25. |
|---|---|
| Margins | Core EBITDA margins at 9.35%, up 94 bps YoY. |
| Order book | ₹24,984cr as of March 31, 2026; 92% domestic, 8% international. |
| Demand visibility | High; bid for ₹48,000cr projects; result pending evaluation. |
| Management confidence | Optimistic on domestic infra robust growth despite global headwinds. |
Growth
Revenue fell 14.6% YoY to ₹9,502cr from ₹11,131cr; PAT dropped 18.2% to ₹592cr from ₹724cr.
Outlook
FY27 revenue guidance is similar to FY26 levels; planned ₹400cr investment in SPVs and coal connectivity projects.
Risks
Intense competitive pressures in EPC, geopolitical turmoil affecting international orders, and rising commodity/energy prices.
Earnings Call filed with NSE, NSE: IRCON. Summary written with AI assistance from the document.
Ircon International Ltd: key numbers
- Share price
- ₹114.43
- Market cap
- ₹10,762 Cr
- Revenue (annual)
- ₹9,071 Cr
- Net profit (annual)
- ₹595.5 Cr
- P/E (TTM)
- 22.1×Sector 33.5×
- Promoter holding
- 65.17%+0.00% QoQ
- FII holding
- 4.62%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ircon International Ltd
All →Ircon International Earnings Call Transcript: Key Takeaways
Q2 consolidated revenue ₹2,364 Cr, PAT ₹100 Cr, EBITDA ₹227 Cr; no YoY stated. Order book shrank to ~₹21,000 Cr with only ~₹200 Cr inflow to 30 Sept; management leans on 'hopeful' language.
Ircon International Results Update
IRCON reported Q2 FY27 consolidated PAT of Rs.100.3 crore, down 26.5% YoY, with revenue up 14.9%. Order book stood at Rs.21,296 crore as on 30.09.2026.
- Order book
- ₹21,296 Cr
Ircon International Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs2,272cr (+14.9% YoY), EBITDA Rs320cr (+7.6%), PAT Rs100cr (-26.5%). Standalone PAT down 34%. Order book Rs21,296cr.
Ircon International Merger & Restructuring
IRCON began an asset monetisation plan to sell 100% stakes in four completed road assets. No buyer or consideration is disclosed yet.
Ircon International Q2 FY27 Results: Net Profit ₹100.3 Cr, Down 26.5% YoY
Ircon International Ltd reported revenue from operations of ₹2,272 Cr (+14.9% YoY) and net profit of ₹100.3 Cr (-26.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹100.3 Cr · -26.5% YoY
Ircon International Board Meeting Date
IRCON will hold a board meeting on November 4, 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The trading window stays closed until November 6.