Ircon International bags ₹862 crore order from East Central Railway (Construction Organisation), O/o Chief…
Ircon International (BSE: IRCON) said it has received an order from East Central Railway (Construction Organisation), O/o Chief Administrative Officer, Construction, East Central Railway, Mahendrughat, Patna - 800004, Bihar, India., valued at ₹862 crore. The…
What happened
Ircon International (BSE: IRCON) informed the stock exchanges on 12 October 2026 at 05:58 PM that it has received an order from East Central Railway (Construction Organisation), O/o Chief Administrative Officer, Construction, East Central Railway, Mahendrughat, Patna - 800004, Bihar, India., valued at ₹862 crore. The scope of work: Works (EPC Contract). Execution period: 365 days. The company classified the order as domestic.
From the filing: "it is to inform that IRCON has been awarded with works (EPC contract) by East Central Railway, as per details mentioned below: Particulars Name of the entity awarding the order(s)/ contract(s);"
How big is it?
At ₹862 crore, the order is equal to about 8.8% of the company's market value of ₹9,850 crore and 9.3% of its revenue over the last four reported quarters (₹9,241 crore).
Relative to the company's annual revenue, it is a modest addition.
Company snapshot
Ircon International is a small-cap company in the Construction sector, with a market value of about ₹9,850 crore.
The stock last traded at ₹104.7, against a 52-week range of ₹101.6–₹186.4 (43.8% below the high).
Before this filing the shares had moved −9.1% over the month and −20.7% over three months. Average daily turnover over the last 20 sessions was about ₹76.2 crore.
Promoters held 65.17% at the end of Q1 FY27. Foreign institutions owned 4.60% and domestic institutions 1.79%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,786 | 164.6 | 1.75 |
| Q2 FY26 | 1,977 | 138.7 | 1.47 |
| Q3 FY26 | 2,119 | 100.7 | 1.07 |
| Q4 FY26 | 3,189 | 191.6 | 2.04 |
| Q1 FY27 | 1,956 | 92.7 | 0.99 |
What history shows
BCEIE's records show 2 previous order win filings from the company since May 2026.
Across 144 similar disclosures by other Construction companies, shares moved +0.4% on average the next day and −0.3% over five days; 56% of them rose the next day.
Market-wide, 1,946 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- The stated execution timeline: 365 days.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ircon, RVNL, IRCTC, other railway PSU shares rise up to 14% amid heavy volumes
- Railway Stocks Jump Up To 18%; Ircon International, RITES, IRFC, Others Rally — Here's Why
- Ircon International Ltd. Share Price Today - Ircon International Ltd. Stock Price Live NSE/BSE
- Ircon International shares slip nearly 5% as profit falls 27% YoY, EBITDA declines; check Q1 numbers here
- Ircon International Share Price near 52-week low, analysis
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.