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.
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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 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.
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 began an asset monetisation plan to sell 100% stakes in four completed road assets. No buyer or consideration is disclosed yet.
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.
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.
IRCON faces a GST notice over ₹72.41 Crore of allegedly inadmissible input tax credit. The High Court directed the GST authority not to pass an order until the next hearing.
Ircon International Limited announced that the National Stock Exchange has granted a waiver for fines previously levied against the company for certain compliance delays.
IRCON International Ltd has secured an EPC contract from East Central Railway valued at ₹862.46 Crore, to be executed within 365 days.
IRCON International Limited secured a Rs. 96.25 Crore contract from Konkan Railway Corporation Limited. The project involves maintaining integrated tunnel communication systems over 60 months.
The company submitted the compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018, received from its Registrar and Share Transfer Agent, Alankit Assignments Limited.
Ircon International clarified that there is no undisclosed information impacting recent trading volume spikes. The company maintains its commitment to regular regulatory disclosures.
IRCON International held its 50th Annual General Meeting on September 24, 2026, where shareholders approved financial statements, director appointments, and interim and final dividend payouts.
IRCON International reported the conclusion of an arbitration process regarding a Rs.359.72 Crore claim. The company will challenge the resulting arbitration award in the Delhi High Court.
Ircon International provided an update on pending arbitration litigation with AFCON. The company intends to challenge the tribunal's award in the High Court of Delhi.
Ircon International Limited has announced the closure of its trading window starting from 1st October, 2026, for the declaration of its quarterly financial results.
IRCON International has filed its Annual Report for the Financial Year 2025-26, which includes the Comptroller and Auditor General (C&AG) comments on the company's financial statements.
Ircon International has appointed M/s. Vinod Singhal & Co LLP as its Statutory Auditor for a 12-month term, effective September 7, 2026.
Ircon International Limited has appointed M/s. Vinod Singhal & Co LLP as its Statutory Auditor for the financial year 2026-27, following approval from the C&AG.
Ircon International has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, pursuant to regulatory listing disclosure requirements.
Shri P.V. Sreekanth, Executive Director/S&T at IRCON International Ltd, has ceased to be a Senior Management Personnel due to superannuation, effective August 31, 2026.
IRCON received fines of ₹9.66 lakh each from NSE and BSE (total ₹19.33 lakh) for board composition non-compliance. The company is seeking a waiver.
Ircon International Limited has scheduled its 50th Annual General Meeting for September 24, 2026. The record date for the final dividend is September 17, 2026.
IRCON International has appointed Smt. Suman Bala as an Independent (Part-Time Non-official) Director, effective 17th August 2026, for a three-year term.
Ircon International Limited announced its financial results for the quarter ended June 30, 2026. The company reported a total order book of ₹23,366 crore.
IRCON's Q1FY27 consolidated revenue grew 9.5% YoY to ₹1,956 Cr, though PAT fell 43.9% due to margin contraction. Strategy focuses on Navratna status and Railway/Highway infrastructure projects.
Ircon International Limited announced the re-appointment of M/s. Bandyopadhyaya Bhaumik & Co. as its Cost Auditors. This is a routine corporate filing.
Ircon International Ltd reported revenue from operations of ₹1,956 Cr (+9.5% YoY) and net profit of ₹92 Cr (-43.9% YoY) for Q1 FY27.