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.
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'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 reported FY26 revenue of ₹9,502cr and PAT of ₹592cr. Management is navigating a competitive bidding environment while maintaining an order book 2x revenue.
Ircon reports a decline in FY26 revenue and PAT amidst a hyper-competitive EPC environment. Management maintains a 'flat' revenue outlook for FY27, citing execution delays and sectoral headwinds as primary constraints.
IRCON reported FY26 consolidated revenue of ₹9,071cr and PAT of ₹592cr. The company was recently upgraded to 'Navratna' status and maintains a robust infrastructure project pipeline.