Ircon International Ltd. News and Updates

Name: Latest research reports of Ircon International Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Ircon International Ltd.
Rating: 5
Author: IDBI Capital

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Ircon International Ltd.

15 Nov 2021

145.69

-2.04%

to see Rapid results content

Ircon International Ltd.

24 Sep 2021

145.69

-2.04%

IRCON International Edge Higher After Winning Bid To Set Up Solar Plant

NDTV Profit

IRCON International Share Price Today: IRCON opened on the BSE at Rs 44.90, swinging to an intra day high of Rs 46.60 and an intra day low of Rs 44.60, so far.

Ircon International Ltd. is trading below all available SMAs

Ircon International Ltd.

18 Aug 2021

145.69

-2.04%

IRCON International: Q1FY22 Result Review

Buy: Ircon International Ltd.

Target

IDBI Capital

Order inflow guidance of Rs60-70bn for FY22: Q1FY22 IRCON's Order book stood at Rs343bn equals 6x TTM Revenue with 95%/ 5% of order book from Railway/ Highway sector and geography wise international order book at 5% and domestic at 95%. For all the orders tenders are already invited and they are in execution stage. Q1FY22 IRCON order inflow stood at Rs7bn in Q1FY22. Going forward, company expects an order inflow of Rs60-70bn in FY22 driven by domestic and international region. Maintain strong revenue guidance: IRCON targets FY22E revenue at ~Rs65-70bn. And, company is aiming for EBITDA margin at 9-9.5% for FY22. EBITDA margin is...

Ircon International Ltd. has lost -34.58% in the last 6 Months

Ircon International Ltd.

12 Aug 2021

145.69

-2.04%

IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore

Business Standard

Total income during the period under review was Rs 1,175.54 crore, up from Rs 549.29 crore in the same months of FY21.

Ircon International Ltd. has lost -34.58% in the last 6 Months

Ircon International Ltd.

12 Aug 2021

145.69

-2.04%

to see Rapid results content

Ircon International Ltd.

05 Jul 2021

145.69

-2.04%

IRCON International: Q4FY21 Result Review

Buy: Ircon International Ltd.

IDBI Capital

IRCON international (IRCON) Q4FY21 PAT was lower (11%) than our estimate. This was led by lower EBITDA margin. As segment wise, International EBIT margin was lower YoY. But execution (revenue) was better than estimate and in Q4FY21 it increased by 26% YoY and 82% QoQ. IRCON guides revenue to increase by 40% YoY in FY22 and EBITDA margin to increase by 200bps YoY as company is executing high margin orders in FY22E. In FY21 IRCON received order inflow of Rs42bn and 99% was from competitive bidding. FY21 Order book of Rs347bn, comprises 22% from competitive bidding. IROCN has increased dividend payout to 61% vs 46% In FY20 and paid DPS of Rs2.6/sh in FY21...

Ircon International Ltd. is trading below all available SMAs

Ircon International Ltd.

06 Apr 2021

145.69

-2.04%

IRCON International Gains After Board Approves Bonus Issue Of Shares

NDTV Profit

Bonus issue of shares is expected to be credited within 60 days from the date of Board's approval that is by 5th June, 2021.

Ircon International .. has an average target of 268.00 from 2 brokers.

IRCON's board approves issuance of bonus shares in ratio of 1:1

livemint | 06 Apr 2021

Ircon International Ltd.

30 Mar 2021

145.69

-2.04%

IRCON International zooms 8% as firm to consider bonus issue

Business Standard

Choice Broking has 'BUY' rating on the stock with a target price of Rs 174.5

Ircon International Ltd. has lost -36.67% in the last 1 Year

Ircon International Ltd.

03 Mar 2021

145.69

-2.04%

IRCON International Falls After Government's Disinvestment Plan

NDTV Profit

IRCON International Share Price: On Wednesday, IRCON international opened at Rs 93 on the BSE, touching an intra day high of Rs 93.25 and a low of Rs 90.60.

Ircon International Ltd. has lost -34.58% in the last 6 Months

IRCON dips 7% as govt begins to offload up to 16% stake via OFS

Business Standard | 03 Mar 2021 2 more

Ircon International Ltd.

17 Feb 2021

145.69

-2.04%

IRCON International: Q3FY21 Result Review

Buy: Ircon International Ltd.

IDBI Capital

IRCON International (IRCON) Q3FY21 PAT was 12% lower than our estimate. This is led by lower execution and EBITDA margin. Revenue increased by 10% YoY vs. our estimate of 15%. However, with covid pandemic stabilizing, execution of projects has started to pick up. For FY22E, IRCON guides for revenue of Rs70bn and Rs100bn for FY23E. Q3FY21 Order book at Rs328bn equals to 7xTTM revenue and YTDFY21 it has received order inflow of Rs40bn. IRCON has announced interim dividend of Rs1.3/sh and bonus issue is deferred pending approval from Ministry of Railway. For FY21, we have modelled DPS of Rs3.7/sh (payout 46%). Maintain BUY rating with an unchanged EPS and TP of Rs110...