Mukadam

Miniratna - Fundamental Fair value 105; Bull Case Value 115

Long
Mukadam Updated   
NSE:IRCON   IRCON INTERNATIONA
Fundamental Fair value 105; Bull Case Value 115, Now at the 200 MA potential move to 105/115 in next 6 months.

Stock P/E: 11.23
Book Value: 88.70
Dividend Yield: 5.30 %
ROCE: 10.72 %
ROE: 11.93 %
Sales Growth (3Yrs): 20.68 %
Face Value: 2.00
GOI holding 89.18%

Company has reduced debt.
Stock is trading at 1.01 times its book value
Company has been maintaining a healthy dividend payout of 40.68%
Debtor days have improved from 49.74 to 37.32 days.

Government of India holds 89.18% equity in IRCON. The company is a Mini Ratna Category – I Public
Sector Undertaking since 1998. The board of IRCON is headed by Mr. Sunil Kumar Chaudhary (current Chairman and
Managing Director). He holds a bachelor’s degree in science (civil engineering) from University of Delhi and a master’s degree
in technology (Management and systems) from the Indian Institute of Technology, Delhi. In the past, he was on the board of
companies such as National Buildings Construction Corporation (India) Limited and Housing and Urban Development
Corporation Limited and is experienced in handling infrastructure projects such as railways, airports, flyovers and bridges etc.
IRCON has a professionally managed by the Board of Directors comprising three whole-time directors, two government
nominee directors and three independent directors.

Above data is copied from publicly available data available on various websites, i do not take responsibility for any loss.
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Best buy for bumper profit stoploss 77.45
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Hold with stoploss at 72
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