IRCON InternationalNSE:IRCON -1.11%82 Dividend Payout Ratio is 0.59 as of Mar. 2026, which is 59% above its 10-year median of 0.37. 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 859 Construction companies, IRCON International ranks better than 57.16% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. IRCON International's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.59.
The historical rank and industry rank for IRCON International's Dividend Payout Ratio or its related term are showing as below:
NSE:IRCON'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.37 Max: 0.56
Current: 0.35
During the past 13 years, the highest Dividend Payout Ratio of IRCON International was 0.56. The lowest was 0.23. And the median was 0.37.
NSE:IRCON's Dividend Payout Ratio is ranked better than 57.16% of 859
companies
in the Construction industry
Industry Median: 0.39
vs NSE:IRCON: 0.35
During the past 13 years, the highest Trailing Annual Dividend Yield of IRCON International was 10.04%. The lowest was 0.89%. And the median was 2.96%.
During the past 12 months, IRCON International's average Dividends Per Share Growth Rate was -25.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -3.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IRCON International was 49.10% per year. The lowest was -6.00% per year. And the median was 0.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
IRCON International (NSE:IRCON) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
IRCON International Dividend Payout Ratio Related Terms
IRCON International Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for IRCON International's Dividend Payout 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: Dividend Payout Ratio Comparison
For the Engineering & Construction subindustry, IRCON International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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 Dividend Payout Ratio vs Construction Industry
For the Construction industry and Industrials sector, IRCON International's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where IRCON International's Dividend Payout Ratio falls into.
IRCON International Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
IRCON International's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Dividend Payout Ratio of 0.59 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on IRCON International and its competitors. This is 59% above median its historical median of 0.37. Over the past decade, IRCON International's Dividend Payout Ratio has ranged from 0.23 to 0.56. According to the industry distribution chart, IRCON International ranks #368 out of 859 companies in the Construction industry, placing it in the top 42.8%.
Is IRCON International's Dividend Payout Ratio too high?
IRCON International's current Dividend Payout Ratio of 0.59 is 59% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.56. The Construction industry median Dividend Payout Ratio is 0.39. IRCON International's value of 0.59 is 51.3% above this industry median. Based on the distribution chart, IRCON International ranks #368 out of 859 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 Dividend Payout Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, IRCON International ranks #368 out of 859 companies for Dividend Payout Ratio. This puts IRCON International in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. IRCON International's value of 0.59 is 51.3% above this benchmark. Historically, IRCON International's own Dividend Payout Ratio has ranged from 0.23 to 0.56 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.39, 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 Dividend Payout Ratio for a Construction company?
The median Dividend Payout Ratio among Construction companies is 0.39, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRCON International's current Dividend Payout Ratio of 0.59 is 51.3% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on IRCON International and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCON International's current Dividend Payout Ratio is 0.59, which is 59% above median its own 10-year median of 0.37. 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 Dividend Payout Ratio is 0.59, which is 59% above median its 10-year median of 0.37 and 51.3% above the Construction industry median of 0.39. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For IRCON International (NSE:IRCON), the current Dividend Payout Ratio is 0.59 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:
Dividend Payout Ratio: 0.59 (59% above median its 10-year median of 0.37)
GF Value™: ₹154.81 vs. price of ₹134.16 (13.3% below fair value)
Industry Position: 51.3% above the Construction median (#368 of 859)
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
Get the complete analysis for NSE:IRCON
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:IRCON has been successfully added to your 
