Introduction
When considering potential investments, understanding the future share price targets is crucial. This analysis delves into the projected share price targets for IRCON International Limited, offering insights into the company’s financial health, growth prospects, and market performance. Our comprehensive study spans IRCON Share Price Target 2024, 2025, 2027, 2030 and 2040, providing investors with a clear roadmap for potential gains.
What is IRCON International Ltd.?
IRCON International Limited, originally known as Indian Railway Construction International Limited, was established in 1976 and is a public sector enterprise owned by Indian Railways. The company specializes in engineering and construction, focusing on transport infrastructure. Over the years, IRCON has diversified its operations across various infrastructure segments globally.
Overview of IRCON International Ltd.
Initially, IRCON focused on railway construction in India and the USA. The company has since expanded to other transportation and infrastructure projects, completing over 1,640 major projects in India and more than 900 projects internationally across 31 countries.
Key Metrics
- Market Cap: ₹27,148.89 Crore
- P/B Ratio: 4.68
- Book Value: ₹62.23
- Face Value: ₹2
- 52 Week High/Low: ₹301.45 / ₹79
- Dividend Yield: 1.58%
Financial Data Analysis
To forecast IRCON’s share price, we analyzed key financial ratios and performance indicators.
| Metric | Value |
| PE Ratio | 29.56 |
| Return on Assets (ROA) | 5.89% |
| Current Ratio | 1.52 |
| Return on Equity (ROE) | 16.12% |
IRCON Share Price Target History (2024-2040)
IRCON shares are listed on both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The share has shown a bullish trend in recent years, with substantial growth rates across various timeframes.
Historical Performance
| Period | Growth Rate |
| Last 6 Months | 0.6356 |
| Last 1 Month | 15.33% |
| Last 1 Year | 2.5928 |
| Last 5 Years | 613.17% |
| Maximum Growth | 5.9239 |
Forecasted Share Price Targets
IRCON Share Price Target 2024
IRCON has completed significant international projects, including railway constructions in Sri Lanka, Malaysia, and Mozambique.
| Year | 1st Price Target | 2nd Price Target |
| 2024 | ₹240 | ₹370 |
IRCON Share Price Target 2025
IRCON’s revenue growth, supported by numerous international projects, indicates a strong upward trend.
| Year | 1st Price Target | 2nd Price Target |
| 2025 | ₹410 | ₹580 |
IRCON Share Price Target 2027
With ongoing projects in electrification, turnkey project management, and significant awards, IRCON’s market position is expected to strengthen.
| Year | 1st Price Target | 2nd Price Target |
| 2027 | ₹810 | ₹985 |
IRCON Share Price Target 2030
IRCON’s extensive experience in signaling and communication projects positions it well for long-term growth.
| Year | 1st Price Target | 2nd Price Target |
| 2030 | ₹1500 | ₹1680 |
IRCON Share Price Target 2040
By 2040, IRCON’s diversification into the aviation sector and consistent project completion suggest significant potential for high returns.
| Year | 1st Price Target | 2nd Price Target |
| 2040 | ₹3500 | ₹3680 |
Investor Analysis
Promoters Holding
IRCON’s promoter holding is at 64.10%, indicating strong confidence from its founders.
Public Holding
The public holds 28.90% of IRCON shares, reflecting significant interest from individual investors.
Institutional Investors
- FII: 4.70%
- DII: 2.30%
Advantages and Disadvantages of IRCON Share
Advantages
- High profit growth (43.5% last year)
- Revenue increase (29.12% last year)
- Low debt
- Efficient cash conversion cycle (-712.89 days)
- Increased book value
Disadvantages
- Decreased operational cash flow (-118.56)
- Low tax rate (12.02%)
Also Read: Sun Pharma Share Price Target 2024, 2025, 2027, 2030, 2040
FAQ
Should I invest in IRCON Share Price Target right now?
Investing in IRCON could be profitable considering its strong financials and growth prospects, but consult a financial advisor to align with your risk tolerance and investment strategy.
What is the future growth of IRCON Company?
IRCON’s diversified portfolio and international projects indicate promising future growth, supported by government infrastructure initiatives.
Is IRCON a government company?
Yes, IRCON is a public sector enterprise under Indian Railways.
What is the IRCON Share Price Target for the year 2024?
The target ranges between ₹240 and ₹370.
What is the IRCON Share Price Target for the year 2025?
The target ranges between ₹410 and ₹580.
What is the IRCON Share Price Target for the year 2027?
The target ranges between ₹810 and ₹985.
What is the IRCON Share Price Target for the year 2030?
The target ranges between ₹1500 and ₹1680.
What is the IRCON Share Price Target for the year 2040?
The target ranges between ₹3500 and ₹3680.
Conclusion
Our detailed analysis suggests that IRCON International Ltd. has robust growth potential, backed by a strong financial foundation and extensive project portfolio. Investors should consider both the advantages and potential risks when making investment decisions. Always consult with certified financial experts before making any investment.
Disclaimer: The information provided is for educational purposes and does not constitute financial advice. Please consult a certified financial expert before making any investment decisions.
