Analysts have recently adjusted their price target for Ircon International downward from ₹151.33 to ₹147.67. They cited updated assessments of revenue projections and discount rates as key factors influencing their revised outlook.
What's in the News
- Board meeting scheduled on November 12, 2025, to consider and approve unaudited financial results for the quarter and half year ended September 30, 2025 (Board Meeting, Nov 12, 2025)
- Ircon International, in joint venture with Finolex J-Power Systems, awarded a turnkey works contract for construction of 220Kv D/C transmission line by Maharashtra State Electricity Transmission Co. Ltd. The project is to be executed over 18 months (Client Announcement, Oct 2025)
- Petronet LNG Limited has awarded civil, structural, and underground works, including piling for the PDH-PP plant with Ethane and Propane storage at Dahej, Gujarat, to Ircon International. The contract is valued at INR 3.6 billion and is to be executed in 18 months (Client Announcement, Oct 2025)
- Atalantaa Limited entered into agreement with Ircon for construction on the Bhandara to Gadchiroli Access Controlled Expressway in Maharashtra. The contract value is INR 24,850 million plus GST (Client Announcement, Oct 2025)
- Ircon International awarded composite work contract by North East Frontier Railways for projects including upgradation and development of maintenance infrastructure at various locations. The contract value is INR 2,244,998,704.8 and is to be executed over an 18-month period (Client Announcement, Sep 2025)
Valuation Changes
- Consensus Analyst Price Target has decreased from ₹151.33 to ₹147.67.
- Discount rate has risen slightly from 16.06% to 16.24%.
- Revenue growth projection has increased notably from 4.72% to 7.86%.
- Net profit margin estimate is marginally higher, moving from 7.41% to 7.43%.
- Future P/E ratio has declined from 25.47x to 24.12x.
Disclaimer
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