Ircon International Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

Ircon International (IRCON) through its Joint Venture with M/s SSNR Projects {i.e. IRCON- 70% and SSNR-30% (IRCON-SSNR JV)} has been awarded the Letter of Award (LOA) for the project floated by Rail Vikas Nigam.

The project entails Construction of Tunnel T1 from Chainage Km 33+160 To Km 34+400 And Tunnel 2 From Chainage Km 57+400 To Km 66+040 With Ballast Less Track And Works Related to Formation On Approaches of Such Tunnels In Connection With Construction of Electrified New BG Railway Line Between Mangliyagaon (Indore) to Budni Stations (198 Kms) of Ratlam Division And Bhopal Division Of Western Railway And West Central Railway Respectively In Madhya Pradesh State.

The value of the project is Rs 872.69 crore (Ircon share - Rs 610.88 crore).

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The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh.

IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period.

IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

The scrip declined 2.16% to end at Rs 156.30 on Friday, 28 March 2025.

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The contract is for the Construction of New Secretariat Complex including Campus Infrastructure in New Shillong City, Meghalaya.

The project is to be executed within 36 months. The total contract value is Rs 1,096.17 crore, with IRCON's share being Rs 285 crore. The project is a joint venture with BRC, with IRCON holding a 26% share and BRC holding a 74% share.

IRCON International is a Navratna, public sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News

The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh.

IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period.

IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

The scrip declined 2.16% to end at Rs 156.30 on Friday, 28 March 2025.

Powered by Capital Market - Live News

The contract is for the Construction of New Secretariat Complex including Campus Infrastructure in New Shillong City, Meghalaya.

The project is to be executed within 36 months. The total contract value is Rs 1,096.17 crore, with IRCON's share being Rs 285 crore. The project is a joint venture with BRC, with IRCON holding a 26% share and BRC holding a 74% share.

IRCON International is a Navratna, public sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News

Revenue from operations declined 10.81% to Rs 2,612.86 crore during the quarter, compared to Rs 2,929.54 crore in the same quarter last year.

Profit from operations before tax stood at Rs 131.82 crore in Q3 FY25, down 57.99%, compared with Rs 313.79 crore recorded in the same quarter last year.

EBITDA was Rs 218.3 crore in Q3 FY25, down 42.26% from Rs 378.1 crore in Q3 FY24. The company’s EBITDA margin stood at 8.1% in Q3 FY25.

The company's revenue from international customers fell 3.21% YoY to Rs 80.49 crore in Q3 FY25, while revenue from domestic customers decreased 11.03% YoY to Rs 2,532.37 crore.

As of 31 December 2024, the company's total order book stood at Rs 21,939 crore. The railways segment contributed Rs 17,075 crore, the highways segment contributed Rs 4,775 crore, and the others segment contributed Rs 89 crore.

Meanwhile, the company’s board declared an interim dividend of Rs 1.65 per equity share for FY24-25, with the record date set for 17 February 2025.

On a 9-month basis, the company’s net profit fell 24.43% to Rs 516.05 crore on a 15.8% decline in revenue from operations to Rs 7,347.51 crore in 9M FY25 over 9M FY24.

Ircon International is a public sector construction company with an emphasis on infrastructure projects, with a specialization in the execution of railway projects on a turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substations and distribution, airport construction, commercial complexes, as well as metro rail works.

Powered by Capital Market - Live News

Ircon International (IRCON) through its Joint Venture with M/s SSNR Projects {i.e. IRCON- 70% and SSNR-30% (IRCON-SSNR JV)} has been awarded the Letter of Award (LOA) for the project floated by Rail Vikas Nigam.

The project entails Construction of Tunnel T1 from Chainage Km 33+160 To Km 34+400 And Tunnel 2 From Chainage Km 57+400 To Km 66+040 With Ballast Less Track And Works Related to Formation On Approaches of Such Tunnels In Connection With Construction of Electrified New BG Railway Line Between Mangliyagaon (Indore) to Budni Stations (198 Kms) of Ratlam Division And Bhopal Division Of Western Railway And West Central Railway Respectively In Madhya Pradesh State.

The value of the project is Rs 872.69 crore (Ircon share - Rs 610.88 crore).

Powered by Capital Market - Live News

The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh.

IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period.

IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

The scrip declined 2.16% to end at Rs 156.30 on Friday, 28 March 2025.

Powered by Capital Market - Live News

The contract is for the Construction of New Secretariat Complex including Campus Infrastructure in New Shillong City, Meghalaya.

The project is to be executed within 36 months. The total contract value is Rs 1,096.17 crore, with IRCON's share being Rs 285 crore. The project is a joint venture with BRC, with IRCON holding a 26% share and BRC holding a 74% share.

IRCON International is a Navratna, public sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News

The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh.

IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period.

IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

The scrip declined 2.16% to end at Rs 156.30 on Friday, 28 March 2025.

Powered by Capital Market - Live News

The contract is for the Construction of New Secretariat Complex including Campus Infrastructure in New Shillong City, Meghalaya.

The project is to be executed within 36 months. The total contract value is Rs 1,096.17 crore, with IRCON's share being Rs 285 crore. The project is a joint venture with BRC, with IRCON holding a 26% share and BRC holding a 74% share.

IRCON International is a Navratna, public sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka).

IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News

Revenue from operations declined 10.81% to Rs 2,612.86 crore during the quarter, compared to Rs 2,929.54 crore in the same quarter last year.

Profit from operations before tax stood at Rs 131.82 crore in Q3 FY25, down 57.99%, compared with Rs 313.79 crore recorded in the same quarter last year.

EBITDA was Rs 218.3 crore in Q3 FY25, down 42.26% from Rs 378.1 crore in Q3 FY24. The company’s EBITDA margin stood at 8.1% in Q3 FY25.

The company's revenue from international customers fell 3.21% YoY to Rs 80.49 crore in Q3 FY25, while revenue from domestic customers decreased 11.03% YoY to Rs 2,532.37 crore.

As of 31 December 2024, the company's total order book stood at Rs 21,939 crore. The railways segment contributed Rs 17,075 crore, the highways segment contributed Rs 4,775 crore, and the others segment contributed Rs 89 crore.

Meanwhile, the company’s board declared an interim dividend of Rs 1.65 per equity share for FY24-25, with the record date set for 17 February 2025.

On a 9-month basis, the company’s net profit fell 24.43% to Rs 516.05 crore on a 15.8% decline in revenue from operations to Rs 7,347.51 crore in 9M FY25 over 9M FY24.

Ircon International is a public sector construction company with an emphasis on infrastructure projects, with a specialization in the execution of railway projects on a turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substations and distribution, airport construction, commercial complexes, as well as metro rail works.

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