Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Engineering & Construction

Ircon International Limited, together with its subsidiaries, engages in the provision of construction services. The company undertakes construction of new railway lines; rehabilitation/conversion of existing lines, station buildings and facilities, and bridges; regirdering of railway bridges, tunnels, and signaling and telecommunication networks; railway electrification works; wet leasing of locomotives; and setting up of production units for manufacture rolling stock, maintenance depots/workshops, concrete sleepers, and track components on turn-key basis. It is also involved in the construction of roads and highways; bridges and flyovers; and commercial, institutional, industrial, and residential and multifunctional complexes, as well as airport hangars and runways, airport terminal buildings, station buildings and facilities, hospitals, business centers, workshops/warehouses; and provision of HVAC, electrification, plumbing, firefighting, and hanger maintenance services. In addition, the company provides railway, industrial, workshop, and power supply electrification works, renewable solar energy works, and distribution network works, as well as offers turnkey project management services, including design, supply, erection, testing, and commissioning services. Further, it provides turnkey solutions for signaling and communication projects; and supplies plant and machinery for workshops, high speed lightweight passenger cars, and diesel electric locomotives, as well as leases and maintains diesel locomotives. The company operates in India, Algeria, Afghanistan, Bangladesh, Bhutan, Brazil, Ethiopia, Indonesia, Iran, Iraq, Liberia, Malaysia, Mozambique, Myanmar, Nepal, Nigeria, Saudi Arabia, South Africa, Sri Lanka, Turkey, the United Kingdom, and Zambia. The company was formerly known as Indian Railway Construction Company Limited. Ircon International Limited was incorporated in 1976 and is headquartered in New Delhi, India.

Revenue projections:

Revenue projections for IRCON
Revenue projections for IRCON

IRCON's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 1.58700
forwardPE 23.12299
debtToEquity 67.57600
earningsGrowth -0.14400
revenueGrowth -0.08800
grossMargins 0.11142
operatingMargins 0.06722
trailingEps 7.74000
forwardEps 10.43000

Ircon International Limited's current ratio being 1.587 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that Ircon International Limited can meet its financial obligations with ease.
IRCON's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
IRCON's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for IRCON's future profitability.
IRCON's negative gross and operating margins point to financial difficulties, as the company is incurring losses at both the production and operational levels. This suggests a potential decline in profitability and raises concerns about its financial outlook.
Ircon International Limited's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that Ircon International Limited is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for IRCON
Price projections for IRCON



Recommendation changes over time:

Recommendations trend for IRCON
Recommendations trend for IRCON


The recent sell bias from analysts on Ircon International Limited suggests investors should be cautious. However, it's a good idea to base decisions on a broader range of market indicators to gain a more complete and accurate view of the stock's potential performance in the near term.