Ircon International (IRCON) investor relations material

Executive summary

• Achieved highest-ever turnover, crossing Rs.10,000 crore, and upgraded to Navratna CPSE status under the Ministry of Railways.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board on August 12, 2026.

• Extensive project execution: 10,762 RKM railway track, 7,258 km roads, 1.59 mn sqm buildings, and 183 bridges completed.

• Order book stands at Rs.23,366 crore as of June 30, 2026, with 55% of orders won through competitive bidding.

• M/s Bandyopadhyaya Bhaumik & Co. was re-appointed as Cost Auditor for FY 2026-27.

Financial highlights

• Q1 FY27 consolidated operating revenue rose 9.5% year-over-year to Rs.1,956 crore; PAT declined 43.9% to Rs.92 crore.

• Standalone Q1 FY27 revenue increased 8.2% year-over-year to Rs.1,800.27 crore; PAT up 8.6% to Rs.163.52 crore.

• FY26 consolidated revenue was Rs.9,071 crore, down 15.7% year-over-year; PAT at Rs.592 crore, down 18.7%.

• Standalone FY26 revenue was Rs.8,479 crore, down 16.8% year-over-year; PAT at Rs.619 crore, down 16.2%.

• Sequentially, Q1 FY27 consolidated revenue fell 38.7% and PAT dropped 51.9% from Q4 FY26.

Outlook and guidance

• Significant government CAPEX push with Rs.12.2 lakh crore allocated in Union Budget 2026.

• Indian Railways to require Rs.35.3 trillion investment by 2032 for capacity addition and modernization.

• Major infrastructure opportunities in logistics, highways, and renewable energy segments.

• Management does not foresee any impairment in investments in IRSDC and ISTPL, both under liquidation or closure processes.

• No material deviations or variations in the use of proceeds from public or other issues.