IRCON International cash flow

Latest FY26

Cash from operations: −₹618cr−₹1,110 cr in FY25
Capital spending: ₹533cr−49.3% on FY25
Free cash flow: −₹1,151cr−₹2,162 cr in FY25
Cash from financing: ₹801cr−30.7% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	163	118	100	107
	—	342	217	145	113
	—	−359	−406	−422	−191
	—	−1.6	−1.0	−2.7	0.0
	—	−116	−21.7	14.4	−3.7
	—	0.0	0.0	13.0	0.1
	—	−50.9	−49.3	−28.0	−2.8
	—	78.5	−43.1	−48.5	64.8
	—	−70.1	−525	60.5	−169
	—	−1,163	−852	−926	−1,112
	—	−56.0	363	32.0	−196
	—	235	−482	−145	430
Cash from operating activities
	630	684	879	1,215	860
	—	−999	−1,682	−1,207	−960
	—	−315	−803	8.1	−100
	—	303	307	86.6	67.6
	—	−618	−1,110	−78.6	−168
Cash from investing activities
	—	532	1,048	845	64.8
	—	1.0	3.7	3.7	35.0
	—	2.5	1.0	0.0	2.1
	—	0.0	0.0	40.1	0.0
	—	0.7	11.3	2.6	9.5
	—	11,775	10,304	8,509	81.2
	—	11,870	10,633	8,076	132
	—	189	64.0	63.6	166
	—	0.0	0.0	112	0.0
	—	34.5	103	69.5	69.0
	—	365	422	418	172
	—	−141	306	2.1	1,450
	—	−366	31.9	−705	1,468
Cash from financing activities
	—	0.0	0.0	22.1	12.0
	—	2,114	2,156	1,132	165
	—	784	459	69.1	60.1
	—	9.9	1.8	0.9	0.0
	—	312	262	161	110
	—	207	277	282	230
	—	−0.0	−0.0	−0.5	0.0
	—	801	1,156	640	−223
	—	−182	78.4	−144	1,077
	—	92.8	21.7	−14.4	3.7
	—	−89.5	100	−158	1,080
	—	—	—	2,180	2,338
Reference items
	771	766	845	924	703
	8.3%	8.4%	7.9%	7.5%	6.8%
	−1,151	−1,151	−2,162	−927	−268
	—	−63.7	−726	−25.4	—
	−₹12.24	−₹12.24	−₹22.98	−₹9.85	−₹2.85
	—	−1.04×	−1.52×	−0.08×	−0.22×
	—	303	307	86.6	67.6
	—	312	262	161	110

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

IRCON₹100.88

IRCON International Ltd.

· Infrastructure

₹ CrorePeersRVNL RITES RAILTEL AFCONS NBCC KEC CEMPRO ENGINERSINMcap ₹9,488 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	107.5	100.4	117.9	162.7	—
+ Finance Costs	112.7	145.1	216.6	341.6	—
+ Interest Income	-191.5	-422.5	-405.9	-359.1	—
+ Fair Value (Gains) / Losses	0.0	-2.7	-1.0	-1.6	—
+ Unrealised FX (Gain) / Loss	-3.7	14.4	-21.7	-115.7	—
+ Other Non-cash Items	0.1	13.0	0.0	0.0	—
+ Other — Cash Effects are Investing / Financing	-2.8	-28.0	-49.3	-50.9	—
Changes in Working Capital
+ Inventories	64.8	-48.5	-43.1	78.5	—
+ Trade Receivables — Current	-168.6	60.5	-524.9	-70.1	—
+ Other Current Assets	-1,112.2	-926.1	-851.7	-1,162.7	—
+ Trade Payables — Current	-196.4	32.0	363.2	-56.0	—
+ Other Current Liabilities	430.5	-144.6	-482.2	234.7	—
Cash from Operating Activities
Profit Before Tax (per I/S)	859.6	1,214.9	879.3	683.8	630.4
+ Total Adjustments (incl. Working Capital)	-959.8	-1,206.8	-1,682.1	-998.6	—
Cash from Operations (pre-tax)	-100.2	8.1	-802.8	-314.8	—
+ Income Taxes Paid	67.6	86.6	306.7	302.8	—
Cash from Operating Activities	-167.8	-78.6	-1,109.5	-617.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	64.8	844.6	1,048.4	532.2	—
+ Acq of Intangible Assets	35.0	3.7	3.7	1.0	—
+ Disp of Fixed Assets	2.1	0.0	1.0	2.5	—
+ Disp of Intangible Assets	0.0	40.1	0.0	0.0	—
+ Acq of Investment Property	9.5	2.6	11.3	0.7	—
+ Purchase of Investments (Equity / Debt)	81.2	8,508.8	10,304.5	11,774.6	—
+ Sale of Investments (Equity / Debt)	131.6	8,075.7	10,632.7	11,870.4	—
+ Acq of Interests in Joint Ventures	166.2	63.6	64.0	188.5	—
+ Government Grants Received	0.0	112.4	0.0	0.0	—
+ Dividends Received — Investing	69.0	69.5	102.5	34.5	—
+ Interest Received — Investing	172.2	418.2	421.7	364.7	—
+ Other Inflows / (Outflows) — Investing	1,449.8	2.1	305.8	-141.1	—
Cash from Investing Activities	1,467.9	-705.5	31.9	-366.0	—
Cash from Financing Activities
+ Proceeds from Other Equity Instruments	12.0	22.1	0.0	0.0	—
+ Proceeds from Borrowings	165.3	1,132.1	2,156.0	2,114.4	—
+ Repayment of Borrowings	60.1	69.1	458.9	784.1	—
+ Payment of Lease Liabilities	0.0	0.9	1.8	9.9	—
+ Interest Paid	110.2	161.5	261.8	312.3	—
+ Dividends Paid	230.4	282.2	277.5	206.9	—
+ Other Inflows / (Outflows) — Financing	0.0	-0.5	-0.0	-0.0	—
Cash from Financing Activities	-223.4	640.1	1,156.0	801.2	—
Net Changes in Cash (pre-FX)	1,076.6	-143.9	78.4	-182.3	—
+ Effect of FX Rate Changes on Cash	3.7	-14.4	21.7	92.8	—
Net Changes in Cash	1,080.3	-158.3	100.1	-89.5	—
Closing Cash	2,338.1	2,179.8	—	—	—
Reference Items
EBITDA	703.1	924.1	844.8	765.8	771.0
EBITDA Margin %	6.78	7.49	7.85	8.44	8.34
Free Cash Flow (CFO − Capex)	-267.6	-926.9	-2,161.6	-1,150.8	-1,150.8
Free Cash Flow to Equity	—	-25.4	-726.3	-63.7	—
Free Cash Flow per Basic Share	-2.85	-9.85	-22.98	-12.24	-12.24
Cash Flow to Net Income	-0.22	-0.08	-1.52	-1.04	—
Cash Paid for Taxes	67.6	86.6	306.7	302.8	—
Cash Paid for Interest	110.2	161.5	261.8	312.3	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.