Ircon International Ltd

NSE: IRCON BSE: 541956

₹103.28

+3.44 (3.45%)

Thu, 05 Nov 2026, 09:43 pm

MTF 5xInvest in Ircon International Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)9391.99

PE Ratio18.55

Dividend1.90

Industrial Services

Engineering & Construction

24.5K

Ircon International Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-216.66M	-317.76M	-553.00M	-64.67M	-105.40M	-198.00M	-209.40M	-668.40M	-1.13B	-1.46B	-2.19B
Pretax equity in earnings	-78.58M	54.89M	56.02M	51.60M	—	—	—	—	—	—	—
Equity in earnings	—	0	0	220.60M	215.40M	304.00M	318.60M	599.40M	314.40M	462.20M	597.70M
Total assets	65.21B	81.39B	92.31B	127.71B	133.39B	103.02B	114.10B	145.86B	157.31B	176.53B	197.51B
Total current assets	51.32B	66.37B	68.98B	75.99B	74.95B	66.48B	74.91B	102.53B	112.17B	111.34B	114.61B
Cash and short term investments	34.47B	48.60B	50.03B	49.27B	31.89B	26.81B	34.71B	55.68B	52.48B	55.51B	51.93B
Cash & equivalents	21.20B	41.07B	48.06B	15.54B	8.92B	5.13B	4.14B	12.60B	23.39B	21.81B	22.82B
Short term investments	13.27B	7.53B	1.97B	33.73B	22.97B	21.68B	30.57B	43.08B	29.09B	33.70B	29.11B
Total receivables, net	11.53B	11.61B	12.69B	16.93B	29.12B	25.06B	25.94B	28.05B	39.52B	40.83B	49.89B
Accounts receivable - trade, net	4.72B	5.10B	4.73B	6.75B	11.56B	15.80B	16.48B	16.77B	24.16B	24.91B	34.15B
Other receivables	6.82B	6.51B	7.96B	10.18B	17.57B	9.26B	9.46B	11.28B	15.36B	15.93B	15.74B
Total inventory	2.81B	3.77B	3.84B	4.73B	6.17B	12.46B	12.10B	15.05B	16.51B	12.39B	10.05B
Other current assets, total	2.47B	2.33B	2.38B	2.81B	2.44B	2.11B	2.08B	3.48B	3.54B	2.33B	2.66B
Total non-current assets	13.89B	15.03B	23.33B	51.72B	58.44B	36.54B	39.19B	43.33B	45.14B	65.19B	82.90B
Long term investments	5.91B	7.23B	9.66B	36.87B	40.72B	18.06B	22.32B	27.94B	27.85B	15.55B	14.35B
Note receivable - long term	1.44B	879.80M	1.23B	27.48B	28.74B	5.13B	8.87B	13.15B	12.80B	217.10M	75.60M
Investments in unconsolidated subsidiaries	0	—	0	2.76B	4.17B	5.12B	5.59B	6.96B	8.24B	8.64B	8.86B
Other investments	4.46B	6.35B	8.44B	6.63B	7.81B	7.81B	7.86B	7.83B	6.81B	6.68B	5.42B
Net property/plant/equipment	1.63B	1.58B	1.48B	1.44B	1.84B	2.84B	2.68B	2.15B	2.55B	10.80B	22.04B
Gross property/plant/equipment	5.44B	5.78B	5.33B	2.10B	2.63B	3.66B	3.63B	3.26B	3.96B	12.40B	23.96B
Deferred tax assets	2.68B	2.12B	1.45B	1.34B	1.49B	2.12B	2.26B	2.12B	3.03B	3.20B	3.74B
Net intangible assets	872.49M	1.46B	6.18B	10.30B	12.84B	12.38B	11.56B	11.11B	10.78B	9.78B	9.08B
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	872.49M	1.46B	6.18B	10.30B	12.84B	12.38B	11.56B	11.11B	10.78B	9.78B	9.08B
Other long term assets, total	2.80B	2.64B	4.52B	748.50M	6.60M	5.90M	6.10M	5.40M	894.80M	25.74B	33.57B
Short term debt	0	0	0	0	5.17B	300.00K	188.50M	946.10M	639.70M	1.11B	1.33B
Current portion of LT debt and capital leases	0	0	0	0	5.17B	300.00K	188.50M	946.10M	639.70M	1.11B	1.33B
Short term debt excl. current portion of LT debt	0	0	0	0	0	0	0	0	0	0	0
Accounts payable	4.43B	4.00B	3.61B	5.10B	5.65B	5.89B	7.58B	10.26B	8.31B	8.94B	12.57B
Income tax payable	1.22B	625.49M	238.33M	141.30M	86.40M	320.30M	872.10M	180.10M	369.50M	665.60M	158.70M
Long term debt	0	0	0	32.00B	25.60B	1.40M	3.12B	13.05B	14.41B	24.59B	41.67B
Long term debt excl. lease liabilities	0	0	0	32.00B	25.60B	1.40M	3.12B	13.05B	14.41B	24.59B	41.67B
Total equity	34.75B	36.61B	38.37B	37.61B	39.64B	41.71B	44.03B	46.67B	52.25B	59.06B	63.62B
Shareholders' equity	34.53B	36.39B	38.17B	37.61B	39.64B	41.71B	44.03B	46.66B	52.11B	58.71B	63.26B
Common equity, total	34.53B	36.39B	38.17B	37.61B	39.64B	41.71B	44.03B	46.66B	52.11B	58.71B	63.26B
Other common equity	30.61B	33.05B	33.16B	32.98B	32.89B	32.85B	32.84B	32.89B	32.99B	33.10B	33.15B
Total debt	0	0	0	32.00B	30.77B	1.70M	3.31B	13.99B	15.05B	25.70B	42.99B
Net debt	-34.47B	-48.60B	-50.03B	-17.27B	-1.12B	-26.81B	-31.40B	-41.69B	-37.43B	-29.81B	-8.94B
Change in accounts receivable	1.86B	-449.19M	-401.83M	-2.02B	91.80M	1.15B	-795.80M	-644.30M	-1.69B	605.00M	-5.25B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-1.45B	-421.75M	-397.36M	1.50B	551.60M	237.00M	1.69B	2.68B	-1.96B	387.00M	3.63B
Change in other assets/liabilities	2.25B	14.32B	6.91B	-29.20B	-14.99B	-8.22B	-2.92B	7.01B	-6.82B	-8.80B	-13.34B
Sale of fixed assets & businesses	205.92M	37.91M	60.45M	2.53B	8.36B	438.50M	206.60M	18.00M	140.50M	621.80M	9.80M
Purchase/sale of investments, net	-9.50B	-3.27B	-14.17B	1.08B	8.22B	3.97B	-8.94B	-13.41B	14.41B	-4.97B	5.59B
Sale/maturity of investments	1.60B	0	792.50M	1.97B	10.61B	13.49B	8.39B	12.47B	15.31B	80.78B	109.38B
Purchase of investments	-11.11B	-3.27B	-14.96B	-882.40M	-2.39B	-9.52B	-17.32B	-25.88B	-907.80M	-85.75B	-103.80B
Other investing cash flow items, total	0	1.50B	0	1.13B	0	0	0	163.10M	500.00M	1.12B	0
Issuance/retirement of debt, net	0	0	0	32.03B	1.46B	0	3.31B	10.68B	1.05B	10.63B	16.97B
Issuance/retirement of long term debt	0	0	0	0	1.46B	0	3.31B	10.68B	1.05B	10.63B	16.97B
Issuance/retirement of short term debt	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	0	0	0	32.03B	1.46B	—	3.31B	—	—	—	—
Total cash dividends paid	-1.90B	-2.19B	-2.22B	-2.32B	-2.39B	-2.75B	-1.58B	-3.34B	-2.30B	-2.82B	-2.77B
Other financing cash flow items, total	0	-1.20M	-1.93M	4.50M	0	0	0	0	0	-5.10M	-200.00K

Particulars	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-216.66M	-317.76M	-553.00M	-64.67M	-105.40M	-198.00M	-209.40M	-668.40M	-1.13B	-1.46B	-2.19B
Pretax equity in earnings	-78.58M	54.89M	56.02M	51.60M	—	—	—	—	—	—	—
Equity in earnings	—	0	0	220.60M	215.40M	304.00M	318.60M	599.40M	314.40M	462.20M	597.70M
Total assets	65.21B	81.39B	92.31B	127.71B	133.39B	103.02B	114.10B	145.86B	157.31B	176.53B	197.51B
Total current assets	51.32B	66.37B	68.98B	75.99B	74.95B	66.48B	74.91B	102.53B	112.17B	111.34B	114.61B
Cash and short term investments	34.47B	48.60B	50.03B	49.27B	31.89B	26.81B	34.71B	55.68B	52.48B	55.51B	51.93B
Cash & equivalents	21.20B	41.07B	48.06B	15.54B	8.92B	5.13B	4.14B	12.60B	23.39B	21.81B	22.82B
Short term investments	13.27B	7.53B	1.97B	33.73B	22.97B	21.68B	30.57B	43.08B	29.09B	33.70B	29.11B
Total receivables, net	11.53B	11.61B	12.69B	16.93B	29.12B	25.06B	25.94B	28.05B	39.52B	40.83B	49.89B
Accounts receivable - trade, net	4.72B	5.10B	4.73B	6.75B	11.56B	15.80B	16.48B	16.77B	24.16B	24.91B	34.15B
Other receivables	6.82B	6.51B	7.96B	10.18B	17.57B	9.26B	9.46B	11.28B	15.36B	15.93B	15.74B
Total inventory	2.81B	3.77B	3.84B	4.73B	6.17B	12.46B	12.10B	15.05B	16.51B	12.39B	10.05B
Other current assets, total	2.47B	2.33B	2.38B	2.81B	2.44B	2.11B	2.08B	3.48B	3.54B	2.33B	2.66B
Total non-current assets	13.89B	15.03B	23.33B	51.72B	58.44B	36.54B	39.19B	43.33B	45.14B	65.19B	82.90B
Long term investments	5.91B	7.23B	9.66B	36.87B	40.72B	18.06B	22.32B	27.94B	27.85B	15.55B	14.35B
Note receivable - long term	1.44B	879.80M	1.23B	27.48B	28.74B	5.13B	8.87B	13.15B	12.80B	217.10M	75.60M
Investments in unconsolidated subsidiaries	0	—	0	2.76B	4.17B	5.12B	5.59B	6.96B	8.24B	8.64B	8.86B
Other investments	4.46B	6.35B	8.44B	6.63B	7.81B	7.81B	7.86B	7.83B	6.81B	6.68B	5.42B
Net property/plant/equipment	1.63B	1.58B	1.48B	1.44B	1.84B	2.84B	2.68B	2.15B	2.55B	10.80B	22.04B
Gross property/plant/equipment	5.44B	5.78B	5.33B	2.10B	2.63B	3.66B	3.63B	3.26B	3.96B	12.40B	23.96B
Deferred tax assets	2.68B	2.12B	1.45B	1.34B	1.49B	2.12B	2.26B	2.12B	3.03B	3.20B	3.74B
Net intangible assets	872.49M	1.46B	6.18B	10.30B	12.84B	12.38B	11.56B	11.11B	10.78B	9.78B	9.08B
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	872.49M	1.46B	6.18B	10.30B	12.84B	12.38B	11.56B	11.11B	10.78B	9.78B	9.08B
Other long term assets, total	2.80B	2.64B	4.52B	748.50M	6.60M	5.90M	6.10M	5.40M	894.80M	25.74B	33.57B
Short term debt	0	0	0	0	5.17B	300.00K	188.50M	946.10M	639.70M	1.11B	1.33B
Current portion of LT debt and capital leases	0	0	0	0	5.17B	300.00K	188.50M	946.10M	639.70M	1.11B	1.33B
Short term debt excl. current portion of LT debt	0	0	0	0	0	0	0	0	0	0	0
Accounts payable	4.43B	4.00B	3.61B	5.10B	5.65B	5.89B	7.58B	10.26B	8.31B	8.94B	12.57B
Income tax payable	1.22B	625.49M	238.33M	141.30M	86.40M	320.30M	872.10M	180.10M	369.50M	665.60M	158.70M
Long term debt	0	0	0	32.00B	25.60B	1.40M	3.12B	13.05B	14.41B	24.59B	41.67B
Long term debt excl. lease liabilities	0	0	0	32.00B	25.60B	1.40M	3.12B	13.05B	14.41B	24.59B	41.67B
Total equity	34.75B	36.61B	38.37B	37.61B	39.64B	41.71B	44.03B	46.67B	52.25B	59.06B	63.62B
Shareholders' equity	34.53B	36.39B	38.17B	37.61B	39.64B	41.71B	44.03B	46.66B	52.11B	58.71B	63.26B
Common equity, total	34.53B	36.39B	38.17B	37.61B	39.64B	41.71B	44.03B	46.66B	52.11B	58.71B	63.26B
Other common equity	30.61B	33.05B	33.16B	32.98B	32.89B	32.85B	32.84B	32.89B	32.99B	33.10B	33.15B
Total debt	0	0	0	32.00B	30.77B	1.70M	3.31B	13.99B	15.05B	25.70B	42.99B
Net debt	-34.47B	-48.60B	-50.03B	-17.27B	-1.12B	-26.81B	-31.40B	-41.69B	-37.43B	-29.81B	-8.94B
Change in accounts receivable	1.86B	-449.19M	-401.83M	-2.02B	91.80M	1.15B	-795.80M	-644.30M	-1.69B	605.00M	-5.25B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-1.45B	-421.75M	-397.36M	1.50B	551.60M	237.00M	1.69B	2.68B	-1.96B	387.00M	3.63B
Change in other assets/liabilities	2.25B	14.32B	6.91B	-29.20B	-14.99B	-8.22B	-2.92B	7.01B	-6.82B	-8.80B	-13.34B
Sale of fixed assets & businesses	205.92M	37.91M	60.45M	2.53B	8.36B	438.50M	206.60M	18.00M	140.50M	621.80M	9.80M
Purchase/sale of investments, net	-9.50B	-3.27B	-14.17B	1.08B	8.22B	3.97B	-8.94B	-13.41B	14.41B	-4.97B	5.59B
Sale/maturity of investments	1.60B	0	792.50M	1.97B	10.61B	13.49B	8.39B	12.47B	15.31B	80.78B	109.38B
Purchase of investments	-11.11B	-3.27B	-14.96B	-882.40M	-2.39B	-9.52B	-17.32B	-25.88B	-907.80M	-85.75B	-103.80B
Other investing cash flow items, total	0	1.50B	0	1.13B	0	0	0	163.10M	500.00M	1.12B	0
Issuance/retirement of debt, net	0	0	0	32.03B	1.46B	0	3.31B	10.68B	1.05B	10.63B	16.97B
Issuance/retirement of long term debt	0	0	0	0	1.46B	0	3.31B	10.68B	1.05B	10.63B	16.97B
Issuance/retirement of short term debt	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	0	0	0	32.03B	1.46B	—	3.31B	—	—	—	—
Total cash dividends paid	-1.90B	-2.19B	-2.22B	-2.32B	-2.39B	-2.75B	-1.58B	-3.34B	-2.30B	-2.82B	-2.77B
Other financing cash flow items, total	0	-1.20M	-1.93M	4.50M	0	0	0	0	0	-5.10M	-200.00K