IRCON International enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


9,488	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
2,557	2,557	2,691	2,743	2,438
32.1	32.1	35.6	35.2	13.1
5,664	5,664	4,264	2,567	1,504
12,626	—	—	—	—
3,106	3,106	1,574	−176	−934
₹134.25	—	—	—	—

12,334	12,334	10,626	8,473	6,729
45.9%	45.9%	40.1%	30.3%	22.4%
0.45×	—	—	—	—

1.37×	—	—	—	—
16.38×	—	—	—	—
21.02×	—	—	—	—
9,241	9,071	10,760	12,331	10,368
771	766	845	924	703
601	603	727	824	596
—	−618	−1,110	−78.6	−168
−1,151	−1,151	−2,162	−927	−268
—	−1,230	−2,224	−971	−284
—	533	1,052	848	99.8

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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

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	9,487.8
- Cash, Equiv & ST Investments	2,438.1	2,743.3	2,690.5	2,557.2	2,557.2
+ Minority Interest	13.1	35.2	35.6	32.1	32.1
+ Total Debt	1,504.2	2,567.2	4,264.3	5,663.6	5,663.6
Enterprise Value	—	—	—	—	12,626.2
Net Debt (memo)	-933.9	-176.1	1,573.8	3,106.4	3,106.4
EV per Share	—	—	—	—	134.25

Total Capital	6,728.8	8,473.3	10,626.3	12,334.3	12,334.3
Total Debt/Total Capital	22.35	30.30	40.13	45.92	45.92
Total Debt/EV	—	—	—	—	0.45

EV/Sales	—	—	—	—	1.37
EV/EBITDA	—	—	—	—	16.38
EV/EBIT	—	—	—	—	21.02
Reference Items — Trailing FY Values
Sales	10,367.9	12,330.9	10,759.6	9,071.1	9,240.6
EBITDA	703.1	924.1	844.8	765.8	771.0
EBIT	595.7	823.7	726.9	603.0	600.5
Operating Cash Flow	-167.8	-78.6	-1,109.5	-617.6	—
Free Cash Flow	-267.6	-926.9	-2,161.6	-1,150.8	-1,150.8
FCFF (free cash flow to the firm)	-283.7	-970.9	-2,224.5	-1,230.5	—
Capital Expenditure	99.8	848.3	1,052.1	533.2	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). 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%.