IRCON InternationalNSE:IRCON -1.93%82 Net Margin % is 6.01% as of Mar. 2026, which is 23% below its 10-year median of 7.81. GuruFocus rates NSE:IRCON with a GF Score™ of 82/100 and a GF Value™ of ₹154.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,766 Construction companies, IRCON International ranks better than 68.23% on this metric.
The historical rank and industry rank for IRCON International's Net Margin % or its related term are showing as below:
NSE:IRCON'
s Net Margin % Range Over the Past 10 Years
Min: 6.56 Med: 7.81 Max: 12.68
Current: 6.57
NSE:IRCON's Net Margin % is ranked better than 68.23% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs NSE:IRCON: 6.57
IRCON International (NSE:IRCON) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
IRCON International Net Margin % Related Terms
IRCON International Net Margin % Historical Data
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The historical data trend for IRCON International's Net Margin % 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: Net Margin % Comparison
For the Engineering & Construction subindustry, IRCON International's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, IRCON International's Net Margin % distribution charts can be found below:
* The bar in red indicates where IRCON International's Net Margin % 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 Net Margin % of 6.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on IRCON International and its competitors. This is 23% below median its historical median of 7.81. Over the past decade, IRCON International's Net Margin % has ranged from 6.56 to 12.68. According to the industry distribution chart, IRCON International ranks #561 out of 1766 companies in the Construction industry, placing it in the top 31.8%.
Is IRCON International's Net Margin % too high?
IRCON International's current Net Margin % of 6.01% is 23% below median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 12.68. The Construction industry median Net Margin % is 3.92. IRCON International's value of 6.01% is 53.3% above this industry median. Based on the distribution chart, IRCON International ranks #561 out of 1766 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 Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, IRCON International ranks #561 out of 1766 companies for Net Margin %. This puts IRCON International in the upper half of its industry. The industry median Net Margin % is 3.92. IRCON International's value of 6.01% is 53.3% above this benchmark. Historically, IRCON International's own Net Margin % has ranged from 6.56 to 12.68 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 3.92, 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 Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRCON International's current Net Margin % of 6.01% is 53.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on IRCON International and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCON International's current Net Margin % is 6.01%, which is 23% below median its own 10-year median of 7.81. 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 ₹154.72, compared to a current price of ₹136.45 — trading 11.8% below its estimated fair value. The current Net Margin % is 6.01%, which is 23% below median its 10-year median of 7.81 and 53.3% above the Construction industry median of 3.92. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For IRCON International (NSE:IRCON), the current Net Margin % is 6.01% 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 ₹136.45 is trading 11.8% below its estimated GF Value™ of ₹154.72.
GuruFocus considers IRCON International to be Modestly Undervalued.
Key valuation signals for NSE:IRCON:
Net Margin %: 6.01% (23% below median its 10-year median of 7.81)
GF Value™: ₹154.72 vs. price of ₹136.45 (11.8% below fair value)
Industry Position: 53.3% above the Construction median (#561 of 1766)
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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