More about Ircon International Limited
Fundamentals for Ircon International Limited
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Fundamentals for Ircon International Limited
Business Operations:
Sector: IndustrialsIndustry: 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:
IRCON's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 18.886686 |
| debtToEquity | 79.151000 |
| earningsGrowth | 0.163000 |
| revenueGrowth | -0.189000 |
| grossMargins | 0.117240 |
| operatingMargins | 0.054840 |
| trailingEps | 6.530000 |
| forwardEps | 8.075000 |
IRCON's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
IRCON's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
IRCON's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
IRCON's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that IRCON is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
IRCON's price projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of IRCON's future.
Recommendation changes over time:
With a sell bias from analysts regarding IRCON, investors are urged to be cautious. Instead of relying exclusively on this sentiment, it's wise to evaluate a wide range of market indicators for a more balanced and informed approach to any investment decisions involving the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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