Ircon International Ltd is an engineering and construction company based in India. The company was founded in 1976. The company was incorporated in 1976 in Delhi as the Indian Railway Construction Company Private Limited. It changed its name to Ircon International Ltd in 1995.
Ircon International Ltd provides engineering, procurement, and construction (EPC) services on a lump sum basis. It also takes on projects in the build-operate-transfer (BOT) and the Hybrid Annuity Mode (HAM). It offers project management consultancy services on a range of infrastructure and real-estate ventures. The company has garnered a number of awards and accolades over the years. It was granted the status of ‘Mini Ratna - Category 1’ in 1998.
On November 18, 2022, the market capitalisation of the company was Rs 5,300 crore. Ircon International Limited is listed on the Bombay Stock Exchange with code 541956 and the National Stock Exchange with the symbol IRCON.
On November 18, 2022, Ircon International Ltd share price closed at Rs 58.15. The share prices have risen by 41.32% over the past three years and gone up by 22.00% in the past 12 months. On November 18, 2022, the company’s 52-week high was Rs 59.20, and the 52-week low was Rs 55.95.
Ircon International Ltd earned Rs 2,239 crore in revenue in the September quarter of 2022, up by 11.83% from the June quarter. The company had its best recent quarter in March 2022, with Rs 2,953 crore in revenue, registering a profit of Rs 242 crore. The company made a profit of Rs 174 crore in the third quarter of 2022.
Altogether, 73.18% of Ircon International Ltd’s shares are owned by the promoters, 23.78% of shares are owned by retail shareholders, and foreign institutional investors own only 1.96% of the shares.
Executive directors of Ircon International Ltd are A.K. Goyal, Subhash Chand, Pramod Kumar Singh, Ankush Gupta, and Surender Singh and Jayasankar V K and Devendra Kumar Sharma are project directors.
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