| Revenue growth | 9.5% YoY growth in consolidated operating revenue. |
|---|---|
| Margins | Consolidated PAT margin compressed to 4.5% from 8.7% YoY. |
| Order book | ₹23,366 Cr; 77% Railways, 16% Highways, 7% Others. |
| Demand visibility | Strong pipeline from National Rail Plan and Highway CAPEX. |
Growth
Consolidated Revenue rose 9.5% YoY; however, EBITDA declined 14% and PAT dropped from ₹164 Cr to ₹92 Cr YoY.
Outlook
Order book stands at ₹23,366 crore as of June 30, 2026. Target sectors include high-speed rail and renewable energy.
Risks
Significant margin pressure: EBITDA margin fell 348 bps YoY to 13.6%. PBT margin declined to 6.2%.
Last quarter's promises, checked
Delivered
- Guided FY27 revenue similar to FY26 (approx ₹9,500 Cr) → Q1FY27 ₹1,956 Cr (= ON TRACK)
- Guided core EBITDA margin 9% console level → delivered 13.6% in Q1 (= BEAT)
- Targeted ₹500-600 Cr SPV/PPP investment in current year → ₹3,000 Cr cumulative base maintained (= ON TRACK)
Partly delivered
- Targeted order book growth via ₹48,000 Cr bids → Q1 book at ₹23,366 Cr vs ₹24,984 Cr previous (= PARTIAL)
Missed
- Guided PAT margin 6.1-6.3% → delivered 4.5% in Q1 (= MISS)
Investor Presentation filed with BSE, NSE: IRCON. Summary written with AI assistance from the document.
Ircon International Ltd: key numbers
- Share price
- ₹105.95
- Market cap
- ₹9,965 Cr
- Revenue (annual)
- ₹9,071 Cr
- Net profit (annual)
- ₹595.5 Cr
- P/E (TTM)
- 19.0×Sector 33.0×
- Promoter holding
- 65.17%+0.00% QoQ
- FII holding
- 4.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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