IRCON InternationalNSE:IRCON -1.11%82 Current Ratio is 1.65 as of Mar. 2026, which is 6% above its 10-year median of 1.56. GuruFocus rates NSE:IRCON with a GF Score™ of 82/100 and a GF Value™ of ₹154.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,782 Construction companies, IRCON International ranks better than 53.87% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. IRCON International's current ratio for the quarter that ended in Mar. 2026 was 1.65.
IRCON International has a current ratio of 1.65. It generally indicates good short-term financial strength.
The historical rank and industry rank for IRCON International's Current Ratio or its related term are showing as below:
NSE:IRCON'
s Current Ratio Range Over the Past 10 Years
Min: 1.27 Med: 1.56 Max: 2.05
Current: 1.65
During the past 13 years, IRCON International's highest Current Ratio was 2.05. The lowest was 1.27. And the median was 1.56.
NSE:IRCON's Current Ratio is ranked better than 53.87% of 1782
companies
in the Construction industry
Industry Median: 1.575
vs NSE:IRCON: 1.65
IRCON International (NSE:IRCON) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
IRCON International Current Ratio Related Terms
IRCON International Current Ratio Historical Data
* Premium members only.
The historical data trend for IRCON International's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:IRCON vs PWR, FIX, EME: Current Ratio Comparison
For the Engineering & Construction subindustry, IRCON International's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IRCON International Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, IRCON International's Current Ratio distribution charts can be found below:
* The bar in red indicates where IRCON International's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IRCON International (NSE:IRCON) has a Current Ratio of 1.65 as of Mar. 2026. This is near median its historical median of 1.56. Over the past decade, IRCON International's Current Ratio has ranged from 1.27 to 2.05. According to the industry distribution chart, IRCON International ranks #822 out of 1782 companies in the Construction industry, placing it in the top 46.1%.
Is IRCON International's Current Ratio too high?
IRCON International's current Current Ratio of 1.65 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.05. The Construction industry median Current Ratio is 1.58. IRCON International's value of 1.65 is 4.8% above this industry median. Based on the distribution chart, IRCON International ranks #822 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, IRCON International has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRCON International's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, IRCON International ranks #822 out of 1782 companies for Current Ratio. This puts IRCON International in the upper half of its industry. The industry median Current Ratio is 1.58. IRCON International's value of 1.65 is 4.8% above this benchmark. Historically, IRCON International's own Current Ratio has ranged from 1.27 to 2.05 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.58, IRCON International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,782 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRCON International's current Current Ratio of 1.65 is 4.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCON International's current Current Ratio is 1.65, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCON International stock overvalued right now?
Based on GuruFocus' analysis, IRCON International (NSE:IRCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹154.81, compared to a current price of ₹134.16 — trading 13.3% below its estimated fair value. The current Current Ratio is 1.65, which is near median its 10-year median of 1.56 and 4.8% above the Construction industry median of 1.58. IRCON International's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For IRCON International (NSE:IRCON), the current Current Ratio is 1.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IRCON International (NSE:IRCON) Overvalued in 2026?
Based on GuruFocus' analysis, IRCON International stock appears to be undervalued.
The current stock price of ₹134.16 is trading 13.3% below its estimated GF Value™ of ₹154.81.
GuruFocus considers IRCON International to be Modestly Undervalued.
Key valuation signals for NSE:IRCON:
Current Ratio: 1.65 (near median its 10-year median of 1.56)
GF Value™: ₹154.81 vs. price of ₹134.16 (13.3% below fair value)
Industry Position: 4.8% above the Construction median (#822 of 1782)
No single metric tells the full story. See the NSE:IRCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRCON International Ltd is an India-based integrated engineering and construction company having expertise in infrastructure sectors, including railways, highways, bridges, flyovers, tunnels, metro, railway electrification, EHV sub-stations, electrical and mechanical works, commercial and residential buildings, railway production units, and others. It offers Engineering Procurement and Construction (EPC) services on a lump sum, turnkey, EPC, and item-rate basis for various infrastructure projects. Its geographic segments are International and Domestic, in which it derives a majority of its revenue from India.
82GF Score
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