Ircon International Ltd. · NSE:IRCON
Ircon International — Q3 FY2026 Earnings Presentation
26 slides from Ircon International's earnings presentation, Feb 11, 2026
Slide 1: Intimation of Analysts Presentation to stock exchanges
IRCON/SECY/STEX/124 11th February, 2026 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C-1, G Block, Dalal Street, Bandra –Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 40
Slide 2: Analysts Presentation Q3 & 9M FY26
IRCON INTERNATIONAL LIMITED Analysts Presentation Q3 & 9M FY26 11 th February 2026
Slide 3: Safe Harbour
Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the
Slide 4: IRCON - Journey
IRCON - Journey Established Equity Shares Turnover crossed Highest Ever Granted under the listed on NSE & Rs.10,000 crore Turnover Achieved “Miniratna” Companies Act Status BSE 1976 1992 1998 2006 2018 2020 2023 2023 2024 Converted into Schedule “A” Achieved Turnover Upgraded to Public Limited Compa
Slide 5: Key Achievements
KEY ACHIEVEMENTS Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways Projects Executed Work Awards Completed 10,669 RKM 5,740 TKM USA ENR Railway Railway Track Electrification Construction 239th Companies 405 (Top International Contracting Firms for Year 2025) Domestic 70
Slide 6: Group Structure - Subsidiaries and JVs
GROUP STRUCTURE - SUBSIDIARIES AND JVs Ircon International Limited Subsidiaries (11 nos.) JVs (7 Nos.) Ircon Infrastructure & Services Limited (100%) Ircon Bikaner Phalodi Tollway Limited (100%) (BOT) Ircon Shivpuri Guna Tollway Limited (100%) (BOT) Ircon Davanagere Haveri Highway Limited (100%) (HA
Slide 7: Index
INDEX 1. Functional Directors 2. Key Financial Highlights (Consolidated) 3. Key Financial Highlights (Standalone) 4. Group Financial Performance 5. Standalone Financial Performance 6. Order Book 7. Opportunities 6
Slide 8: Functional Directors
F U N C T IO N A L D IR E C TO R S
Slide 9: Functional Directors
• Holds Bachelors’ degree in Civil Engineering from University of Roorkee (renamed as IIT/Roorkee) • Belongs to Indian Engineering Services of 1989 Batch • Previously worked as Director (Infrastructure) of DFCCIL, Executive Director (Works) in Ministry of Railways Shri Hari Mohan Gupta • Has vast ex
Slide 10: Key Financial Highlights (Consolidated)
Key Financial Highlights (Consolidated)
Slide 11: Financial Highlights (Consolidated) – Q3FY26 (Y-o-Y)
Financial Highlights (Consolidated) – Q3FY26 (Y-o-Y) (Rs. crore) Operating Revenue EBITDA Profit after Tax 269 2613 100 86 2119 218 Q3 FY 25 Q3 FY 26 Q3 FY 25 Q3 FY 26 Q3 FY 25 Q3 FY 26 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 10
Slide 12: Financial Highlights (Consolidated) – Q3FY26 (Q-o-Q)
Financial Highlights (Consolidated) – Q3FY26 (Q-o-Q) (Rs. crore) Operating Revenue EBITDA Profit after Tax 2119 137 1977 297 269 100 Q2 FY 26 Q3 FY 26 Q2 FY 26 Q3 FY 26 Q2 FY 26 Q3 FY 26 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 11
Slide 13: Financial Highlights (Consolidated) – 9MFY26
Financial Highlights (Consolidated) – 9MFY26 (Rs. crore) Operating Revenue EBITDA Profit after Tax 919 7348 890 516 5882 400 9MFY2 5 9MFY2 6 9MFY2 5 9MFY2 6 9MFY2 5 9MFY2 6 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 12
Slide 14: Key Financial Highlights (Standalone)
Key Financial Highlights (Standalone)
Slide 15: Financial Highlights (Standalone) – Q3FY26 (Y-o-Y)
Financial Highlights (Standalone) – Q3FY26 (Y-o-Y) (Rs. crore) Operating Revenue EBITDA Profit after Tax 188 141 2470 1965 91 144 Q3 FY 25 Q3 FY 26 Q3 FY 25 Q3 FY 26 Q3 FY 25 Q3 FY 26 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 14
Slide 16: Financial Highlights (Standalone) – Q3FY26 (Q-o-Q)
Financial Highlights (Standalone) – Q3FY26 (Q-o-Q) (Rs. crore) Operating Revenue EBITDA Profit after Tax 1965 185 1852 239 91 144 Q2 FY 26 Q3 FY 26 Q2 FY 26 Q3 FY 26 Q2 FY 26 Q3 FY 26 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 15
Slide 17: Financial Highlights (Standalone) – 9MFY26
Financial Highlights (Standalone) – 9MFY26 (Rs. crore) Operating Revenue EBITDA Profit after Tax 6950 694 519 5481 593 426 9MFY2 5 9MFY2 6 9MFY2 5 9MFY2 6 9MFY2 5 9MFY2 6 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 16
Slide 18: Group Financial Performance
Group Financial Performance
Slide 19: Financial Highlights (Consolidated) – Q3 FY26
FINANCIAL HIGHLIGHTS ( C O N S O L I D AT E D ) – Q 3 F Y 2 6 Particulars (INR Crore) Y-o-Y Q3FY26 Q2FY26 Q-o-Q (%) Q3FY25 Y-o-Y (%) 9MFY26 9MFY25 (%) Operating Revenue 2119.0 1976.8 7.2% 2612.9 (18.9%) 5882.0 7347.5 (19.9%) Total Expenses (Excl. Dep. & 1961.3 1835.6 6.9% 2480.9 (21.0%) 5383.2 6764.
Slide 20: Standalone Financial Performance
Standalone Financial Performance
Slide 21: Financial Highlights (Standalone) – Q3 FY26
FINANCIAL HIGHLIGHTS ( S TA N D A L O N E ) – Q 3 F Y 2 6 Particulars (INR Crore) Q3FY26 Q2FY26 Q-o-Q (%) Q3FY25 Y-o-Y (%) 9MFY26 9MFY25 Y-o-Y (%) Operating Revenue 1965.4 1851.5 6.1% 2470.4 (20.4%) 5481.1 6949.7 (21.1%) Total Expenses (Excl. Dep. & 1909.6 1788.4 6.8% 2382.5 (19.8%) 5259.6 6608.8 (2
Slide 22: Order Book
Order Book
Slide 23: Order Book
ORDER BOOK Sector Geography Mode of Award 1,723 7% 7% 2,163 4,297 9,225 9% 18% 39% 61% 91% 75% 17,781 14,576 21,638 Railways Highways Others Domestic International Nomination Competitive • Order Book of Rs.23,801 crore as on 31.12.2025. • Share of orders won on competitive bidding basis is about 61.
Slide 24: Opportunities
O P P O RT U N IT IE S Infrastructure Projects National Rail Plan to give impetus to Railway Infrastructure Massive Govt. push to the CAPEX by allocation of Rs.12.20 lakh Crore in Union Outlay of INR 2.78 Lakh Crore was announced in Budget 2026 Union Budget for Indian Railways Announced new Dedicate
Slide 25: Formulas
FORMULAS 1. EBITDA : PBT + Depreciation & Amortization + Finance Cost 2. EBITDA Margin : (PBT + Depreciation & Amortization + Finance Cost)*100/ Total Revenue 3. CORE EBITDA : PBT + Depreciation & Amortization + Finance Cost – Other Income 4. CORE EBITDA Margin : (PBT + Depreciation & Amortization +
Slide 26: Thank You
THANK YOU For Further Information: Mr. Sachin Garg DGM/Finance/IR Ircon International Ltd. Tel: 011-26545368 E-mail: sachin.garg@ircon.org
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