Financials Ircon International Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:08 15/05/2026 pm IST			5-day change	1st Jan Change
142.64 ^INR	-2.06%		-9.92%	-19.71%

25/03	Centre Eyes RVNL, Ircon Merger to Scale Execution Capacity in Rail Infra	CI
06/03	Ircon International says not engaged in any Ircon-RVNL merger discussions	RE

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	49,478	69,102	-	1,19,504	1,01,931	86,056	1,04,016	1,14,026
Change	-	39.66%	-	-	-14.7%	-15.57%	20.87%	9.62%
EBITDA ¹	3,610	3,771	-	7,639	4,792	3,715	5,596	5,932
Change	-	4.44%	-	-	-37.28%	-22.47%	50.64%	6.01%
EBIT ¹	3,362	3,496	-	7,277	4,409	4,675	5,584	5,684
Change	-	3.98%	-	-	-39.41%	6.03%	19.44%	1.8%
Interest Paid ¹	-147.3	-103.9	-	-96.1	-74.1	-62.25	-108.2	-181.3
Earnings before Tax (EBT) ¹	5,740	6,101	-	11,555	9,178	9,475	10,656	11,170
Change	-	6.28%	-	-	-20.57%	3.23%	12.46%	4.82%
Net income ¹	4,046	5,443	7,768	8,629	7,376	5,994	7,597	8,029
Change	-	34.55%	42.72%	11.08%	-14.52%	-18.74%	26.74%	5.68%
Announcement Date	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	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	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	22,989	24,704	32,434	16,642	18,698	25,922	31,246
Change	-	28.88%	81.64%	-53.5%	35.2%	15.33%	70.67%	-32.17%	11.6%	-	-	-	-3.17%	30.69%	-40.24%	5.43%	7.46%	31.3%	-48.69%	12.35%	38.64%	20.54%
EBITDA ¹	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	1,046	878.5	1,383	1,026	1,084	1,356	1,500
Change	-	27.97%	109.06%	-59.81%	38.39%	8.65%	-7.14%	9.37%	41.35%	-	-	-	0.88%	41.64%	-39.78%	-29.56%	-16%	57.38%	-25.79%	5.65%	25.09%	10.62%
EBIT ¹	-	-	-	-	-	-	-	-	-	-	-	1,634	1,649	2,373	1,389	949.3	783	1,288	911.4	678	1,231	1,831
Change	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	43.96%	-41.47%	-31.67%	-17.52%	64.44%	-29.22%	-25.61%	81.56%	48.74%
Charge d'intérêts ¹	-	-	-	-	-	-	-	-	-	-	-	-29.3	-25.2	-20.8	-19.8	-20.8	-	-	-37.5	-20	-16	-20
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	2,991	2,460	3,829	-	-	1,768	2,580	-	2,596	2,253	2,492
Change	-	-	-	-	-	-	-	-	-	-	-	-	-17.76%	55.66%	-	-	-	45.93%	-	-	-13.21%	10.61%
Net income ¹	-	-	-	847	1,326	1,299	1,971	1,231	1,781	2,274	1,617	2,304	1,851	2,857	1,765	2,022	1,406	2,182	1,506	1,615	1,586	1,730
Change	-	-	-	-	56.59%	-2.06%	51.72%	-37.53%	44.64%	27.69%	-28.92%	42.55%	-19.67%	54.32%	-38.21%	14.57%	-30.45%	55.14%	-31%	7.28%	-1.82%	9.08%
Announcement Date	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	07/11/24	11/02/25	21/05/25	06/08/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-	-	-	-	-	-38,860	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2024	2025	2026	2027	2028
CAPEX ¹	340.3	45.1	339.2	713	513.3	666.7	750
Change	-	-86.75%	-	110.2%	-28%	29.87%	12.5%
Free Cash Flow (FCF) ¹	-	-	-	-	-10,812	-8,512	-2,376
Change	-	-	-	-	-	21.27%	72.09%
Announcement Date	30/06/21	27/05/22	21/05/24	21/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	7.3%	5.46%	-	6.39%	4.7%	4.32%	5.38%	5.2%
EBIT Margin (%)	6.8%	5.06%	-	6.09%	4.33%	5.43%	5.37%	4.98%
EBT Margin (%)	11.6%	8.83%	-	9.67%	9%	11.01%	10.24%	9.8%
Net margin (%)	8.18%	7.88%	-	7.22%	7.24%	6.97%	7.3%	7.04%
FCF margin (%)	-	-	-	-	-	-12.56%	-8.18%	-2.08%
FCF / Net Income (%)	-	-	-	-	-	-180.38%	-112.04%	-29.59%
Profitability
ROA	-	-	-	6.22%	-	-	-	-
ROE	9.44%	12.06%	-	15.76%	12.28%	9.3%	10.98%	10.77%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.69%	0.07%	-	0.28%	0.7%	0.6%	0.64%	0.66%
CAPEX / EBITDA (%)	9.43%	1.2%	-	4.44%	14.88%	13.82%	11.91%	12.64%
CAPEX / FCF (%)	-	-	-	-	-	-4.75%	-7.83%	-31.57%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	3.1	2.65	2.4	2.95	2.967
Change	-	-	-	-	-14.52%	-9.43%	22.92%	0.57%
Book Value Per Share ¹	93.63	49.13	-	61.37	66.32	71.2	76.43	82.7
Change	-	-47.53%	-	-	8.07%	7.36%	7.35%	8.2%
EPS ¹	4.3	5.29	8.26	9.17	7.84	6.4	8.075	8.533
Change	-	23.02%	56.14%	11.02%	-14.5%	-18.37%	26.17%	5.68%
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	30/06/21	27/05/22	24/05/23	21/05/24	21/05/25	-	-	-