IRCON
Ircon International Limited
Each stock's 10,000-path forecast, rendered as light.
Ircon International Limited (IRCON) Stock Analysis & Case Study
Is IRCON a good buy? The data-driven verdict.
Ircon International Limited (IRCON) trades at ₹131,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.
On the numbers, Ircon International Limited (IRCON) mixed signals, a Downstox Snapshot Score of 49/100, weighing fairly valued at 20.7× earnings, ROE of 9.2%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
IRCON fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How IRCON ranks against the 2,373 companies in our screener
- IRCON's market cap of 12,344 Cr ranks in the 78th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IRCON's book value of ₹71 ranks in the 42nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IRCON's promoter holding of 65.2% ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IRCON's 3-year profit (PAT) growth of -8.0% ranks in the 21st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IRCON's 3-year revenue growth of -4.0% ranks in the 17th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IRCON's debt-to-equity ratio of 0.86x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is IRCON overvalued? IRCON P/E vs peers
IRCON trades at 20.7× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
IRCON share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.7y of IRCON history (15%/yr drift, 44%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| IRCON 2027 | ₹77 | ₹132 | ₹228 | +1% |
| IRCON 2028 | ₹60 | ₹133 | ₹293 | +1% |
| IRCON 2029 | ₹51 | ₹134 | ₹349 | +2% |
| IRCON 2030 | ₹43 | ₹134 | ₹417 | +2% |
| IRCON 2031 | ₹38 | ₹135 | ₹481 | +3% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability IRCON goes up, or doubles?
The bull case for IRCON
- IRCON's P/E of 20.7x is lower than 61% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹349.
The bear case & risks
- IRCON's return on equity of 9.2% ranks in the 44th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹51.
IRCON volatility & expected range, how bumpy is the ride?
Over the last 7.7 years IRCON compounded at 15%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹77-₹228, the honest backbone behind any single price target.
IRCON price forecast, the full 60-month probability fan
IRCON price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds IRCON hits common targets within the simulated horizon?
Full multi-horizon detail on the IRCON price target & forecast page.
IRCON Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. IRCON scores 4/8, mixed financial health.
IRCON MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy IRCON with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 34.84% | 2.9× |
| ZerodhaCHEAPEST | 34.80% | 2.9× |
| Groww | 60.00% | 1.7× |
| DhanCHEAPEST | 34.80% | 2.9× |
| Kotak Neo | 34.84% | 2.9× |
| Paytm Money | 36.04% | 2.8× |
| Pocketful | 35.39% | 2.8× |
| Anand RathiCHEAPEST | 34.80% | 2.9× |
| Bajaj Broking | 40.00% | 2.5× |
| Share India | 34.98% | 2.9× |
Compare every broker on the IRCON MTF page.
About Ircon International Limited: sector, index & market-cap context
Ircon International Limited (IRCON) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹12,344 Cr. See more stocks on our screener.
How the IRCON Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Ircon International Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
IRCON analysis, FAQs
Is Ircon International Limited (IRCON) a good buy?
On the numbers, Ircon International Limited (IRCON) mixed signals, a Downstox Snapshot Score of 49/100, weighing fairly valued at 20.7× earnings, ROE of 9.2%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is IRCON overvalued or undervalued?
IRCON trades at 20.7× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the IRCON share price target for 2031?
IRCON's probability-weighted 2031 median target is ₹135, with an 80% range of ₹38-₹481 (10,000-path Monte-Carlo).
What is the probability IRCON doubles in 5 years?
The modelled probability of IRCON reaching ₹263 (2×) within 5 years is 25%.
What is the bull case for IRCON?
IRCON's P/E of 20.7x is lower than 61% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in IRCON?
IRCON's return on equity of 9.2% ranks in the 44th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.