₹119.15
+0.32% today
· 30d -9.97%
as of 2026-09-04
Price · Daily Candles
“IRCON's profit jumps despite revenue dip, FIIs increase stake amid technical headwinds.”
IRCON's latest quarterly results show a notable 15.97% YoY increase in net profit to ₹100 Cr, even as revenue dropped 18.9% YoY to ₹2119 Cr. Annually, revenue for FY25 fell 16.7% and net profit dropped 21.7% to ₹728 Cr, signaling a mixed performance. The company’s intrinsic value remains undefined due to a negative Free Cash Flow of -₹2158 Cr.
BULL CASE
+Quarterly net profit surged 15.97% YoY to ₹100 Cr despite a revenue decline, indicating improved efficiency with OPM increasing by 3.27%.
+FIIs increased their stake by 0.24% QoQ to 4.78% in Q4 FY26, showing a positive sentiment.
+Our ML models predict strong growth for Free Cash Flow (fcf_1y_rolling_4y rank: 0.772, fcf_1y_stable_7y rank: 0.822).
+Company trades at a TTM PE of 22.15, below some sector peers like LT (34.54) and NBCC (47.67).
BEAR CASE
−Q4 FY26 quarterly revenue declined 18.9% YoY to ₹2119 Cr, and annual revenue for FY25 dropped 16.7% YoY.
−Annual net profit for FY25 saw a significant decrease of 21.7% YoY to ₹728 Cr.
−The stock is trading 37.83% below its 52-week high of ₹225.52.
−Technical indicators are bearish, with the MACD signaling a strong bearish trend at -1.5124.
−The company has a negative free cash flow of -₹2158 Cr, resulting in an undefined intrinsic value.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-03-31
REVENUE
₹3189 Cr
-6.54% YoY
NET PROFIT
₹191 Cr
-9.59% YoY
OPM
11.21%
+0.84pp YoY
EPS
₹2.04
PE 22.15
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-10.3% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
IRCON, with a PE of 22.15 and ROCE of 12.0%, trades at a lower valuation than high-ROCE peers like NBCC (PE 47.67, ROCE 27.04%) but higher than similarly sized TECHNOE (ROCE 13.29%).
PEERPEROCE %
IRCON22.1512.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
38
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
20
Valuation
REASONABLE
60
Growth
DECLINING
27
Profitability
DECENT
58
Technicals
WEAK
30
Risk
ELEVATED
30
Key Stats
TTM PE
22.15
P/B
2.05
52W HIGH
₹189.5
OFF HIGH
-37.12%
DIV YIELD
1.54%
MKT CAP
₹11209 Cr
◉ Active Signals
MACDBearish-0.376
RSI(14)Bearish32.47
Near 52W LowBearish4.06
Street Consensus
4 analysts₹146.0
mean target
Low ₹141.0Now ₹119.15High ₹159.0
⧉ Strategy Fit 🔒