profit from every ₹100 of sales.

Ircon International
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹17.59 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Ircon International sold, what it kept, and what it did with the cash.
Sales went from ₹103 billion in 2023 to ₹90.7 billion in 2026, with ₹5.95 billion of profit last year.
Ircon International vs. similar companies
Ircon International grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Ircon International | 17.6× · Fair price | ||
Quanta Services | 86.7× · Very expensive | ||
Larsen & Toubro | 35.8× · Expensive | ||
Ferrovial | 44.3× · Expensive | ||
Comfort Systems USA | 38.3× · Expensive |
AI analysis
An AI analyst reads Ircon International's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 103,473 | 123,011 | 107,596 | 90,711 | |
| 8,146 | 11,038 | 11,988 | 11,036 | |
| 5,966 | 10,351 | 7,269 | 6,030 | |
| 12,977 | 16,114 | 12,760 | 12,793 | |
| 7,652 | 9,296 | 7,274 | 5,955 | |
| 8.14 | 9.88 | 7.73 | 6.33 | |
| 7.9% | 9.0% | 11.1% | 12.2% | |
| 5.8% | 8.4% | 6.8% | 6.6% | |
| 7.4% | 7.6% | 6.8% | 6.6% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 155,374 | 174,522 | 195,213 | 213,067 |
| Cash | 23,381 | 21,798 | 22,798 | 48,094 |
| Total debt | 15,251 | 25,823 | 43,068 | 57,256 |
| Total liabilities | 103,128 | 115,461 | 131,593 | 146,360 |
| 52,115 | 58,709 | 63,264 | 66,386 | |
| 941 | 941 | 941 | 941 | |
| 14.0% | 14.1% | 8.6% | 7.1% | |
| 14.7% | 15.8% | 11.5% | 9.0% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -2,779 | -786 | -11,095 | -6,176 | |
| 998 | 8,483 | 10,521 | 5,332 | |
| -3,777 | -9,269 | -21,616 | -11,508 | |
| Dividends paid | 2,304 | 2,822 | 2,775 | 2,069 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 17.6×
- –
- –
- 1.8×
- 1.2×
- –
- 8.9×
- -11.0%
- 5.7%
- 2.0%
Profitability
- 12.2%
- 6.6%
- 6.6%
- –
- 6.8%
- 10.4%
- –
- –
- –
- –
Growth
- −4.3%
- −8.0%
- –
- –
- +0.0%
Financial health
- 0.7×
- 0.86
- –
- 3.2×
- 1.65
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
34.7% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Ircon International
Is Ircon International a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ircon International AI analysis
What does Ircon International do?
Ircon International Limited, together with its subsidiaries, engages in the provision of construction services. It is in Engineering & Construction, based in New Delhi, India.
Does Ircon International pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 35% of its yearly profit. In 2026 it paid out ₹2.07 billion in dividends.
Is Ircon International stock halal?
No. Ircon International does not pass our halal screen: its debt is 55% of its market value, at or above the 33% limit. How we check
How has Ircon International stock done over the past year?
Down 29.4% over the past twelve months, to ₹111.33. It traded between ₹96.65 and ₹178.85 and is 37.8% below its high.
Who are Ircon International's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Ircon International's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



