Financials Ircon International Limited

Equities

IRCON

INE962Y01021

Construction & Engineering

Market Closed - NSE India S.E. Other stock markets 05:19:42 18/07/2025 pm IST			5-day change	1st Jan Change
186.90 ^INR	-1.52%		-2.25%	-13.07%

18/07	Ircon International gets award worth 7.56 bln rupees	RE
14/07	Ircon International Limited Announces Cessation of Shri Vinod Kumar Gupta as Senior Management Personnel, Effective July 14, 2025	CI

Projected Income Statement: Ircon International Limited

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	52,024	49,478	69,102	-	1,19,504	1,01,931	1,04,141	1,14,882
Change	-	-4.9%	39.66%	-	-	-14.7%	2.17%	10.31%
EBITDA ¹	7,158	3,610	3,771	-	7,639	4,792	5,430	6,395
Change	-	-49.56%	4.44%	-	-	-37.28%	13.31%	17.78%
EBIT ¹	-	3,362	3,496	-	7,277	4,409	5,003	5,946
Change	-	-	3.98%	-	-	-39.41%	13.47%	18.84%
Interest Paid ¹	-273.1	-147.3	-103.9	-	-96.1	-74.1	-65	-111.3
Earnings before Tax (EBT) ¹	6,726	5,740	6,101	-	11,555	9,178	10,103	10,994
Change	-	-14.65%	6.28%	-	-	-20.57%	10.08%	8.82%
Net income ¹	4,898	4,046	5,443	7,768	8,629	7,376	7,518	8,168
Change	-	-17.4%	34.55%	42.72%	11.08%	-14.52%	1.92%	8.65%
Announcement Date	10/07/20	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-

¹INR in Million

Estimates

Fiscal Period: March	2020 Q2	2020 Q3	2020 Q4	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	11,611	11,322	17,883	9,656	12,445	22,604	10,511	14,211	16,389	27,971	18,972	21,172	-	-	28,836	27,921	36,490	21,805	26,078	28,186	29,931	18,687	22,953	24,883	31,383
Change	-	-2.49%	57.95%	-46.01%	28.88%	81.64%	-53.5%	35.2%	15.33%	70.67%	-32.17%	11.6%	-	-	-	-3.17%	30.69%	-40.24%	19.6%	8.08%	6.19%	-37.57%	22.83%	8.41%	26.12%
EBITDA ¹	1,462	1,749	1,718	660.4	845.1	1,767	710	982.6	1,068	991.4	1,084	1,533	-	-	1,725	1,741	2,465	1,485	1,640	1,756	1,567	855	1,188	1,287	1,702
Change	-	19.62%	-1.82%	-61.55%	27.97%	109.06%	-59.81%	38.39%	8.65%	-7.14%	9.37%	41.35%	-	-	-	0.88%	41.64%	-39.78%	10.44%	7.07%	-10.75%	-45.44%	38.95%	8.33%	32.25%
EBIT ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,634	1,649	2,373	1,389	1,451	1,902	1,468	761	1,090	1,183	1,592
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	43.96%	-41.47%	4.45%	31.08%	-22.82%	-48.16%	43.23%	8.53%	34.57%
Charge d'intérêts ¹	-61	-122.8	-43.8	-	-	-	-	-	-	-	-	-	-	-	-29.3	-25.2	-20.8	-19.8	-21	-	-	-19	-20	-21	-25
Earnings before Tax (EBT)	-	-	1,615	-	-	-	-	-	-	-	-	-	-	-	2,991	2,460	3,829	-	-	2,411	2,421	-	2,333	2,468	2,980
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17.76%	55.66%	-	-	-	0.41%	-	-	5.79%	20.75%
Net income ¹	-	-	1,224	-	-	-	847	1,326	1,299	1,971	1,231	1,781	2,274	1,617	2,304	1,851	2,857	1,765	2,023	2,105	1,480	1,194	1,759	1,846	2,180
Change	-	-	-	-	-	-	-	56.59%	-2.06%	51.72%	-37.53%	44.64%	27.69%	-28.92%	42.55%	-19.67%	54.32%	-38.21%	14.61%	4.05%	-29.69%	-19.32%	47.32%	4.95%	18.09%
Announcement Date	13/11/19	11/02/20	10/07/20	11/11/20	13/02/21	30/06/21	12/08/21	12/11/21	14/02/22	27/05/22	08/08/22	11/11/22	08/02/23	08/08/23	09/11/23	08/02/24	21/05/24	08/08/24	-	-	-	-	-	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Ircon International Limited

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	10/07/20	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-

Estimates

Cash Flow Forecast: Ircon International Limited

Fiscal Period: March	2021	2022	2024	2025	2026	2027
CAPEX ¹	340.3	45.1	339.2	713	533.3	666.7
Change	-	-86.75%	-	110.2%	-3.03%	25%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	30/06/21	27/05/22	21/05/24	21/05/25	-	-

¹INR in Million

Estimates

Forecast Financial Ratios: Ircon International Limited

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	13.76%	7.3%	5.46%	-	6.39%	4.7%	5.21%	5.57%
EBIT Margin (%)	-	6.8%	5.06%	-	6.09%	4.33%	4.8%	5.18%
EBT Margin (%)	12.93%	11.6%	8.83%	-	9.67%	9%	9.7%	9.57%
Net margin (%)	9.41%	8.18%	7.88%	-	7.22%	7.24%	7.22%	7.11%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	-	-	-	-	6.22%	-	-	-
ROE	12.08%	9.44%	12.06%	-	15.76%	12.28%	11.5%	11.57%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	0.69%	0.07%	-	0.28%	0.7%	0.51%	0.58%
CAPEX / EBITDA (%)	-	9.43%	1.2%	-	4.44%	14.88%	9.82%	10.43%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	3.1	2.65	2.9	3.1
Change	-	-	-	-	-	-14.52%	1.75%	6.9%
Book Value Per Share ¹	221.2	93.63	49.13	-	61.37	66.32	71.4	76.7
Change	-	-57.67%	-47.53%	-	-	8.07%	9.01%	7.42%
EPS ¹	-	4.3	5.29	8.26	9.17	7.84	8	8.7
Change	-	-	23.02%	56.14%	11.02%	-14.5%	6.67%	8.75%
Nbr of stocks (in thousands)	9,40,516	9,40,516	9,40,516	9,40,516	9,40,516	9,40,516	9,40,516	9,40,516
Announcement Date	10/07/20	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-