IRCON InternationalNSE:IRCON -1.11%82 Quick Ratio is 1.65 as of Mar. 2026, which is 7% above its 10-year median of 1.54. 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 1,786 Construction companies, IRCON International ranks better than 66.69% on this metric.
IRCON International has a quick ratio of 1.65. It generally indicates good short-term financial strength.
The historical rank and industry rank for IRCON International's Quick Ratio or its related term are showing as below:
NSE:IRCON'
s Quick Ratio Range Over the Past 10 Years
Min: 1.21 Med: 1.54 Max: 2.01
Current: 1.65
During the past 13 years, IRCON International's highest Quick Ratio was 2.01. The lowest was 1.21. And the median was 1.54.
NSE:IRCON's Quick Ratio is ranked better than 66.69% of 1786
companies
in the Construction industry
Industry Median: 1.285
vs NSE:IRCON: 1.65
IRCON International (NSE:IRCON) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
IRCON International Quick Ratio Related Terms
IRCON International Quick Ratio Historical Data
* Premium members only.
The historical data trend for IRCON International's Quick 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: Quick Ratio Comparison
For the Engineering & Construction subindustry, IRCON International's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, IRCON International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where IRCON International's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
IRCON International's Quick 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 Quick Ratio of 1.65 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IRCON International and its competitors. This is near median its historical median of 1.54. Over the past decade, IRCON International's Quick Ratio has ranged from 1.21 to 2.01. According to the industry distribution chart, IRCON International ranks #595 out of 1786 companies in the Construction industry, placing it in the top 33.3%.
Is IRCON International's Quick Ratio too high?
IRCON International's current Quick Ratio of 1.65 is near median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.01. The Construction industry median Quick Ratio is 1.29. IRCON International's value of 1.65 is 28.4% above this industry median. Based on the distribution chart, IRCON International ranks #595 out of 1786 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 Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, IRCON International ranks #595 out of 1786 companies for Quick Ratio. This puts IRCON International in the upper half of its industry. The industry median Quick Ratio is 1.29. IRCON International's value of 1.65 is 28.4% above this benchmark. Historically, IRCON International's own Quick Ratio has ranged from 1.21 to 2.01 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.29, 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 Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,786 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRCON International's current Quick Ratio of 1.65 is 28.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IRCON International and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCON International's current Quick Ratio is 1.65, which is near median its own 10-year median of 1.54. 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 Quick Ratio is 1.65, which is near median its 10-year median of 1.54 and 28.4% above the Construction industry median of 1.29. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For IRCON International (NSE:IRCON), the current Quick 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:
Quick Ratio: 1.65 (near median its 10-year median of 1.54)
GF Value™: ₹154.81 vs. price of ₹134.16 (13.3% below fair value)
Industry Position: 28.4% above the Construction median (#595 of 1786)
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
Quick 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 
