Ircon International logo

Ircon International share price

NSE: IRCONBSE: 541956ConstructionSmall Cap

Last close ₹97.62down ₹2.70 (2.69%)BSE ₹97.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹100.32.

52-week range of traded prices to 23 Oct 2026
₹95.95Low, 23 Oct 2026₹186.44High, 26 Dec 2025
Market cap
₹9,181 Cr462nd largest listed
P/E
17.5
P/B
1.4
Dividend yield
1.95%
ROE
8.1%
ROCE
4.9%
Debt to equity
0.85
Volume, NSE
24,95,51836.3% delivered

Share price

Daily closes since Sep 2018, adjusted for splits and bonuses

−42.4%over a year

Results20-session average 81,25,310 shares a day, 26.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. The year to Mar 2022 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹1,956 Crdown 38.67%
Net profit
₹92 Crdown 51.93%
Net margin
4.7%

Revenue by year

Peak revenue ₹12,331 Cr, year to Mar 2024

Net profit by year, a loss in red

₹ croreSep 2024Filed 7 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 6 AugSep 2025Filed 12 NovDec 2025Filed 11 FebMar 2026Filed 22 MayJun 2026Filed 12 Aug
Revenue2,4482,6133,4121,7861,9772,1193,1891,956
Net profit2068621216413710019192
Net margin8.4%3.3%6.2%9.2%6.9%4.7%6.0%4.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Domestic₹9,084 Crdown 15.48%95.6%
  • International₹418 Crup 9.07%4.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 29% of 1,020 trading days over the last 5 years.

LowestHighest
Its median20.9Industry median13.1
Price to book

At or below today's level on 55% of 1,938 trading days since Nov 2018.

LowestHighest
Its median1.1Industry median1.4
EV to EBITDA13.0

At or below today's level on 27% of 1,020 trading days over the last 5 years.

LowestHighest
Its median17.8Industry median10.8
Dividend yield

At or below today's level on 40% of 1,989 trading days since Oct 2018.

LowestHighest
Its median2.65%Industry median0.72%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−24.6%−18.1%−10.0%1.6%
3 years+28.8%−8.0%+38.4%1.6%
5 years+24.5%+8.8%+11.4%3.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters65.17%
  • Foreign institutions4.62%
  • Indian institutions1.81%
  • Governments0.28%
  • Individuals and others28.12%
Holder
THE PRESIDENT OF INDIA(THROUGH CHAIRMAN RAILWAY BOARD)Promoter65.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

46 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 46 of the 46 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
15
Cut
31
Sold out
3
Fund
Groww Mutual Fund logoGroww Nifty India Railways PSU ETFGroww Mutual Fund6,75,2564.62%₹7.91 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund5,03,8220.17%₹5.90 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund3,95,3490.17%₹4.63 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund2,55,9310.17%₹3.00 Cr
Groww Mutual Fund logoGroww Nifty India Railways PSU Index FundGroww Mutual Fund2,45,9174.64%₹2.88 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund1,81,5440.17%₹2.13 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund1,14,7590.17%₹1.34 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund1,10,0570.17%₹1.29 Cr
Nippon India Mutual Fund logoNippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund87,0030.23%₹1.02 Cr
Jio BlackRock Mutual Fund logoJioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund57,4310.17%₹0.67 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ircon International in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
IRB Infrastructure Developers logoIRB Infrastructure DevelopersIRB19,61520.6––−2.2%−85.4%4.7%7.3%1.05%
NBCC (India) logoNBCC (India)NBCC18,33324.76.118.0+3.5%+30.6%27.0%20.0%1.38%
Engineers India logoEngineers IndiaENGINERSIN13,63017.44.316.3+16.3%+41.6%27.0%22.5%2.06%
Techno Electric & Engineering Company logoTechno Electric & Engineering CompanyTECHNOE9,59022.22.320.3+38.7%−6.5%10.9%10.6%0.85%
RITES logoRITESRITES9,10321.83.411.1+10.6%+7.9%15.7%17.4%4.25%
Welspun Enterprises logoWelspun EnterprisesWELENT8,77528.72.914.5+0.6%−3.1%10.9%12.7%0.47%
KEC International logoKEC InternationalKEC8,72515.81.48.3+5.1%−8.9%9.6%12.4%1.68%
Afcons Infrastructure logoAfcons InfrastructureAFCONS8,01255.81.510.3−11.9%−73.0%2.7%7.1%0.92%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.10 a share, year to Mar 2024.
Ex-dateTypePer share
17 Sep 2026Final₹0.70
17 Feb 2026Interim₹1.20
11 Sep 2025Final₹1.00
17 Feb 2025Interim₹1.65
5 Sep 2024Final₹1.30
16 Feb 2024Interim₹1.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Ircon International share price by year

Each calendar year to 2025.Ircon International share price history

YearClose at year endChangeHighest closeLowest close
2025177.65−17.4%221.43138.17
2024215.01+25.4%336.80174.30
2023171.40+186.9%177.9551.70
202259.75+32.3%65.1535.35
202145.15+3.2%53.2040.23
202043.75+8.8%58.9430.11
201940.20−9.8%44.7233.64
201844.56–46.3534.27
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 28 Sep 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026100.30100.3095.9597.6297.3824,95,51836.3%
22 Oct 2026101.39101.3999.63100.32100.3317,56,72529.2%
21 Oct 2026104.88104.88101.00101.57102.4821,58,52031.3%
19 Oct 2026107.00107.49103.80104.14105.2216,40,22931.0%
16 Oct 2026106.33108.16105.31106.62106.7526,96,02520.8%
15 Oct 2026106.77107.50105.88106.33106.5621,97,11825.2%
14 Oct 2026106.10108.99105.23106.77107.4241,38,47820.2%
13 Oct 2026107.60111.68104.31106.02107.262,38,92,41010.5%
12 Oct 2026105.09107.30104.38104.73105.7024,00,48523.7%
9 Oct 2026103.80105.12102.67104.56104.1719,58,16224.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
20 May 2021Bonus0.5000Holders received 1 bonus share for every 1 held.
3 Apr 2020Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Ircon International

IRCON International Limited is an integrated engineering and construction company. It builds infrastructure for clients in India and abroad, mainly railways, and also highways, bridges, tunnels, metro lines, railway electrification, EHV sub-stations and buildings. It is a central public sector enterprise under the Ministry of Railways, with in-house design capability. It has provided turnkey signal and telecom solutions for railways since its start.

Its work is organised into four service lines: Engineering, Procurement and Construction (EPC), Project Management and Consultancy (PMC), Public Private Partnership (PPP) and real estate. Under EPC, it provides services from concept to commissioning and owns construction equipment for complex projects. Under PMC, it offers services from planning to commissioning, either itself or through its wholly owned subsidiary, Ircon Infrastructure Services Limited. Under PPP, it takes up railway projects through a joint venture model with state governments and other stakeholders. In real estate, it develops, constructs and leases office space and develops commercial property. The group has 11 subsidiaries and 7 joint ventures.

IRCON has built a presence in 25 countries, with over 131 international projects, and has delivered more than 408 projects in India. In the year to March 2026 it maintained ongoing operations in Algeria, Sri Lanka, Nepal and Myanmar.

It was incorporated in 1976. Its promoter is the President of India. A promoter is the person or group that set up a company or controls it. Its equity shares are listed on the BSE and the NSE.

Legal name
Ircon International Limited
NSE symbol
IRCON
BSE code
541956
ISIN
INE962Y01021
Industry
Construction
Listed
Sep 2018
Face value
₹2
CIN
L45203DL1976GOI008171
Corporate identity number, the registrar of companies' code for it