| L&T | IRCON INTERNATIONAL | L&T/ IRCON INTERNATIONAL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 27.1 | 24.1 | 112.6% | View Chart |
| P/BV | x | 4.8 | 1.9 | 245.9% | View Chart |
| Dividend Yield | % | 1.0 | 2.0 | 49.5% |
L&T IRCON INTERNATIONAL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| L&T Mar-26 |
IRCON INTERNATIONAL Mar-25 |
L&T/ IRCON INTERNATIONAL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 4,440 | 352 | 1,262.6% | |
| Low | Rs | 2,968 | 134 | 2,209.7% | |
| Sales per share (Unadj.) | Rs | 2,078.1 | 114.4 | 1,816.5% | |
| Earnings per share (Unadj.) | Rs | 139.3 | 7.7 | 1,799.8% | |
| Cash flow per share (Unadj.) | Rs | 171.0 | 9.0 | 1,901.8% | |
| Dividends per share (Unadj.) | Rs | 38.00 | 2.65 | 1,434.0% | |
| Avg Dividend yield | % | 1.0 | 1.1 | 94.1% | |
| Book value per share (Unadj.) | Rs | 792.0 | 67.3 | 1,177.4% | |
| Shares outstanding (eoy) | m | 1,375.63 | 940.52 | 146.3% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 1.8 | 2.1 | 83.9% | |
| Avg P/E ratio | x | 26.6 | 31.4 | 84.7% | |
| P/CF ratio (eoy) | x | 21.7 | 27.0 | 80.2% | |
| Price / Book Value ratio | x | 4.7 | 3.6 | 129.5% | |
| Dividend payout | % | 27.3 | 34.2 | 79.7% | |
| Avg Mkt Cap | Rs m | 5,095,101 | 228,522 | 2,229.6% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 521,872 | 2,757 | 18,928.3% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 2,858,744 | 107,596 | 2,656.9% | |
| Other income | Rs m | 95,655 | 7,319 | 1,307.0% | |
| Total revenues | Rs m | 2,954,398 | 114,915 | 2,571.0% | |
| Gross profit | Rs m | 314,134 | 5,929 | 5,298.2% | |
| Depreciation | Rs m | 43,648 | 1,179 | 3,702.7% | |
| Interest | Rs m | 106,383 | 2,679 | 3,971.3% | |
| Profit before tax | Rs m | 259,758 | 9,390 | 2,766.3% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 68,164 | 2,112 | 3,227.6% | |
| Profit after tax | Rs m | 191,594 | 7,278 | 2,632.4% | |
| Gross profit margin | % | 11.0 | 5.5 | 199.4% | |
| Effective tax rate | % | 26.2 | 22.5 | 116.7% | |
| Net profit margin | % | 6.7 | 6.8 | 99.1% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 2,928,411 | 114,715 | 2,552.8% | |
| Current liabilities | Rs m | 2,335,315 | 72,263 | 3,231.7% | |
| Net working cap to sales | % | 20.7 | 39.5 | 52.6% | |
| Current ratio | x | 1.3 | 1.6 | 79.0% | |
| Inventory Days | Days | 198 | 166 | 119.6% | |
| Debtors Days | Days | 8 | 5 | 171.3% | |
| Net fixed assets | Rs m | 1,299,858 | 79,053 | 1,644.3% | |
| Share capital | Rs m | 2,751 | 1,881 | 146.3% | |
| "Free" reserves | Rs m | 1,086,725 | 61,383 | 1,770.4% | |
| Net worth | Rs m | 1,089,476 | 63,264 | 1,722.1% | |
| Long term debt | Rs m | 637,386 | 41,346 | 1,541.6% | |
| Total assets | Rs m | 4,482,971 | 193,768 | 2,313.6% | |
| Interest coverage | x | 3.4 | 4.5 | 76.4% | |
| Debt to equity ratio | x | 0.6 | 0.7 | 89.5% | |
| Sales to assets ratio | x | 0.6 | 0.6 | 114.8% | |
| Return on assets | % | 6.6 | 5.1 | 129.3% | |
| Return on equity | % | 17.6 | 11.5 | 152.9% | |
| Return on capital | % | 21.2 | 11.5 | 183.8% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 400,663 | 8,311 | 4,821.1% | |
| Fx outflow | Rs m | 210,600 | 6,604 | 3,188.9% | |
| Net fx | Rs m | 190,063 | 1,706 | 11,138.2% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 167,410 | -11,095 | -1,508.8% | |
| From Investments | Rs m | -117,388 | 319 | -36,775.8% | |
| From Financial Activity | Rs m | -21,564 | 11,560 | -186.5% | |
| Net Cashflow | Rs m | 32,042 | 1,001 | 3,202.3% | |
| Indian Promoters | % | 0.0 | 65.2 | - | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 63.3 | 6.7 | 948.9% | |
| FIIs | % | 20.0 | 4.6 | 434.5% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 100.0 | 34.8 | 287.1% | |
| Shareholders | 1,630,031 | 1,080,370 | 150.9% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T With: OM INFRA ENGINEERS INDIA KNR CONSTRUCTIONS J KUMAR INFRA ASHOKA BUILDCON
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
| Period | L&T | IRCON INTERNATIONAL | S&P BSE CAPITAL GOODS |
|---|---|---|---|
| 1-Day | -0.22% | -0.04% | 0.09% |
| 1-Month | -9.79% | -6.09% | -1.17% |
| 1-Year | 7.83% | -31.92% | 11.16% |
| 3-Year CAGR | 15.21% | 15.92% | 24.11% |
| 5-Year CAGR | 18.45% | 23.04% | 27.11% |
* Compound Annual Growth Rate
Here are more details on the L&T share price and the IRCON INTERNATIONAL share price.
Moving on to shareholding structures...
The promoters of L&T hold a 0.0% stake in the company. In case of IRCON INTERNATIONAL the stake stands at 65.2%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of L&T and the shareholding pattern of IRCON INTERNATIONAL.
Finally, a word on dividends...
In the most recent financial year, L&T paid a dividend of Rs 38.0 per share. This amounted to a Dividend Payout ratio of 27.3%.
IRCON INTERNATIONAL paid Rs 2.7, and its dividend payout ratio stood at 34.2%.
You may visit here to review the dividend history of L&T, and the dividend history of IRCON INTERNATIONAL.
For a sector overview, read our engineering sector report.
The Indian stock market closed on a muted note, with benchmark index Sensex closing almost unchanged on expiry day and Nifty ending below 24,100 as investors digested the rising uncertainties around the Iran-US war.