What we do Ircon International Ltd is a government-owned infrastructure company specializing in railway, highway, bridge, tunnel, metro, electrification, and building construction in India and internationally. |
Founded in 1,976 |
Market share Leading public sector player with over 400 projects domestically and 128 internationally; ranked among top global contractors. |
Problem solved Provides turnkey infrastructure solutions to improve transportation connectivity, enabling efficient movement of people and goods. |
Top clients or who we serve Primarily Indian Railways, government agencies, international governments; serves B2G and B2B clients in transport infrastructure sectors. |
Key management Chairman & Managing Director: Shri Hari Mohan Gupta (IIT Roorkee alumnus). Director (Projects): Anand Kumar Singh (IIT Delhi, MDI Gurgaon). Director (Finance): Ragini Advani (CA, Cost Accountant). |
Our journey and innovations Founded in 1976 for railway construction, expanded into highways, buildings, electrification, and overseas projects; India's first to implement large-scale railway tunneling and advanced track machinery under Make-in-India. |
Where we operate India and 25 countries including Bangladesh, Sri Lanka, Algeria, Malaysia, Myanmar, Nepal, Iraq, and South Africa. |
Top products or what we offer Engineering procurement and construction (EPC) services for railways, highways, tunnels, metro systems, electrification, toll ways, and renewable energy projects. |
Top brands Ircon EPC services, Ircon Renewable Power (solar projects), multiple road and highway SPVs; recognized for high-quality railway infrastructure delivery. |
Raw materials needed Steel, cement, aggregates, electrical components, signaling equipment, machinery, and power infrastructure materials. |
Raw materials supplier Procured from established industrial suppliers and manufacturers in steel, cement, and electrical sectors across India and internationally. |
Recurring vs cyclical contribution Revenue largely project-based and cyclical with periodic long-term contracts; some recurring income from toll and leasing operations. |
Our industry position Premier infrastructure constructor, significant market share in rail and highway sectors, recognized for excellence and awards, rated Navratna PSU. |
Financial highlights FY 2024-25 consolidated revenue Rs.11,131 Cr; PAT Rs.728 Cr; EBITDA Rs.1,276 Cr; healthy net worth Rs.6,326 Cr; moderate YoY decline due to project completions. |
Geographical revenue split Domestic projects contribute over 96%, International projects about 3-4% of total revenue. |
Order book Order book at Rs.23,865 Cr as of September 2025, mainly domestic with diversified railways and highway projects across India; includes competitive bids. |
Whats driving growth Government infrastructure push, National Infrastructure Pipeline, rail modernization, highway expansion, renewable energy projects, and international rail connectivity. |
Our future plans Focus on expanding rail and highway EPC projects, developing renewable energy capacities, and executing nation-building infrastructure projects with cutting-edge technology. |
Our green promise Promotes renewable solar power projects, energy-efficient construction, compliance with ISO 14001 environmental standards, and sustainable building practices. |
Our people and values Workforce of 1,182 with focus on diversity, training, safety, and inclusive growth; performance-driven culture with merit-based rewards. |
Key challenges ahead Increasing competition, project delays, tender margin pressures, geopolitical risks in overseas projects, and financing challenges. |
Interesting facts Only Indian PSU ranked among top 250 international construction contractors by ENR; executed India’s longest railway tunnels and major international infrastructure projects. |
Risks and strategy Mitigates risks through strong governance, consortium partnerships, adherence to timelines, prudent financial management, and diversified project portfolio. |
