Is Ircon International Stock Good for Long term|Fundamental analysis|

IRCON is a midcap company associated with the railway sector. If you are also thinking of investing in this company, then this blog will prove to be very helpful for you in which you will read Is Ircon International Stock Good for Long term|Fundamental analysis|

Fundamentals Of IRCON International

The fundamentals of IRCON International appear to be the strongest among all the companies related to the railway sector.

The market cap of the company is around Rs 19000 crore which places it in the category of mid cap companies.

The company’s PE is trading around 19 and PB ratio 3, which can be considered good.

The same company also gives a dividend yield of 1.48 percent to its investors and the biggest feature of the company is that the company does not have any debt.

Is Ircon International Stock Good for Long term|Fundamental analysis|
Board of Directors of IRCON International

The management staff of IRCON company is very experienced and old staff. Following are the major board of directors: –

  • Sh. B.K.Gupta – Chairman & MD
  • Smt. Ragni Advani – Director
  • Sh. Parag Verma – Director
  • Sh. Anand Kuamr – Director
  • Dhanjaya Singh – Govt Nominee
  • Sh. Ajay Kumar – Independent Director
  • Smt. Ranjana Upadhyay- I.Director
What is the future of IRCON share?

Based on the performance of this company in the last one-two years, the future of this company looks quite bright.

The company has given multibagger returns of 235% in the last 1 year.
The company has given good returns of 66% in the last 3 years and 38% in the last 5 years.

At the same time, the government is also giving a lot of encouragement to the railway sector.

The government wants to expand the railway sector as much as possible and this company does the work of railway construction,

hence this company is going to make huge profits in the coming time and very soon it will cross the figure of ₹ 500.

Is Ircon International Stock Good for Long term|Fundamental analysis|
Is IRCON a debt free company?

Yes, ircon company is a completely debt free company. The company has no debt at all.

The company’s debt-to-equity ratio is 0 and interest coverage ratio is 5.56, which makes this company even more reliable for investors.

That is why if you are also thinking of investing in this company for a long term, then this company can prove to be the best and safest option for you.

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What is the price target of IRCON in 2025?

According to the increase in the share price of the company in the last one year, by the year 2025 the share price of the company will cross the figure of ₹ 300.

While on January 17, 2023, the share price of the company was trading at ₹ 60, today i.e. on January 17, 2024, the share price has reached Rs 208.

In this way the company has given a tremendous return of 237 percent in the last one year.

If seen in this way, the company’s share price will easily cross the ₹ 300 mark by the year 2025.

The management of the same company also seems to have a lot of confidence in their company and if the management of the company is to be believed then they have set a target of taking the share price above Rs 300 by the year 2025.

Is Ircon International Stock Good for Long term|Fundamental analysis|
CAGR RETURN (SOURCE)
Is Ircon undervalued or overvalued?

If we look at the intrinsic value of IRCON company then the share price of the company should be currently trading at Rs 58,

but currently the share price of the company is trading at Rs 208, so the price of the company is 72% more than its actual value.

Thus we can say that IRCON company is overvalued by 72%.

Is Ircon International Stock Good for Long term|Fundamental analysis|
Is Ircon a govt company?

Yes, IRCON company is a government company. The company comes under the Ministry of Railways of the Government of India.

It was established on 27 April 1976 by the Ministry of Railways, Government of India,

thus the company is almost 48 years old in the market, hence the company has no dearth of experience.

This company also has a monopoly in its business. The company is engaged in construction work in the railway sector and is earning huge profits.

Who is the owner of IRCON?

IRCON Company, whose full name is Indian Railway Construction International Limited, was established by the Government of India and is owned by the Ministry of Railways under the Government of India.

This company is completely run by the Ministry of Railways and is a government sector company.

I hope this blog Is Ircon International Stock Good for Long term|Fundamental analysis| Is going very interesting and helpful for you.

What is the last dividend of Ircon?

IRCON Company is also a better option for investors who are looking for dividend paying companies.

The company had given a dividend yield of 1.46 percent to its investors in the year 2023, which is ₹ 3 per share.

The same company has been giving good dividends for the last four-five years.

The company had given dividend of Rs 2 per share in the year 2021, Rs 2.5 per share in 2021 and Rs 3 per share in 2022.

So if you are looking for a dividend paying company then you can invest in IRCON Company

Is Ircon International Stock Good for Long term|Fundamental analysis|
PE Chart of IRCON (Source)
What is the difference between RVNL and IRCON?

RVNL works as the construction arm of the Ministry of Railways for the development of railway infrastructure.

IRCON International is a turnkey construction company specializing in the development of railways, highways, EHV sub-stations and metro rail.

In terms of market cap, RVNL company is bigger than IRCON company, whereas if we talk about the returns of last 1 year,

then IRCON company has given more returns than RVNL company, whereas IRCON company gives more dividend on its investments than RVNL.

Is Ircon International Stock Good for Long term|Fundamental analysis|
Top Shareholders of Ircon international

Promoter participation in IRCON International Company is 65.5 percent, which is considered good,

while FII participation in the company is 4.1% and domestic institutional investor participation is 1.3 percent.

At the same time, for some time now, institutional investors have been continuously increasing their participation in the company, due to which this company has become more reliable for us as an investor.

Following are the major shareholders of IRCON Company: –

  • Govt of India – 65.5%
  • Dimensional Fund Advisor – 0.4123%
  • Quant Money Managers – 0.3477%
  • State Board of Administration – 0.613%
  • ITI Asset management – 0.0546%
  • Nippon Life India – 0.0233%
Is Ircon International Stock Good for Long term|Fundamental analysis|
Promoter Holding (SOURCE)
Conclusion of Is Ircon International Stock Good for Long term|Fundamental analysis|

After conducting a complete fundamental analysis of IRCON company, we have come to the conclusion that this company can prove to be a good company for both long term and short term investors.

Because the company has been performing well continuously for the last 5 years, which is increasing with every passing year and the company seems to be growing a lot.

The same company comes under the railway sector and the company is also being given a lot of encouragement by the government,

hence the possibility of its growth in future seems quite high.

If I give you my personal opinion, recently I have bought more than 200 shares of this company and currently I have a profit of more than Rs 7000.

The company can be a good option for you, so you can invest in this company without any hesitation.

Thanks to read Is Ircon International Stock Good for Long term|Fundamental analysis|I wish Your investment journey would be better.

Can we invest in IRCON share?

You can buy Ircon International (IRCON) shares by opening a Demat account with groww.

What is the government share of IRCON?

Currently, the government holds 65.18 per cent in IRCON, an engineering and construction firm.

What is face value of IRCON share?

The face value of Ircon company is ₹2

What is the full form of IRCON?

I – Indian
R – Railway
CON- Construction Limited.

What is the total number of shares in IRCON?

IRCON International have total 94.05 Cr. Shares.

How do I contact IRCON?

Phone. Tel.: +91-11-26530266. Fax: +91-11-26522000/26854000.

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