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IRCON International Reviews

New Delhi

4.0/ 5

1 review

Ircon International Limited (IRCON), originally incorporated as the Indian Railway Construction Company Limited, is a premier Navratna Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Railways, Government of India. Established on April 28, 1976, under the Companies Act, 1956, the company is headquartered in New Delhi. IRCON has evolved from its origins as a specialized railway construction entity into a leading, integrated international engineering and construction corporation. It is widely recognized for its capability to execute large-scale, technologically complex turnkey and Engineering, Procurement, and Construction (EPC) projects across diverse infrastructure sectors both in India and globally. The core competencies of IRCON are strategically distributed across major infrastructure verticals, with transport infrastructure—particularly railways and highways—forming its primary operational foundation. The company excels in the construction of new railway lines, rehabilitation of existing tracks, station buildings, bridges, flyovers, tunnels, signaling and telecommunication systems, and railway electrification. Beyond its rail expertise, IRCON has built a robust portfolio in highway construction, Extra High Voltage (EHV) sub-stations, Mass Rapid Transit Systems (MRTS) or metro rail projects, mechanical and electrical works, and commercial and residential real estate development. The organization is particularly renowned for its ability to successfully undertake challenging engineering projects in highly competitive environments and difficult terrains. Globally and domestically, IRCON has established a formidable operational footprint. Over its decades of operation, the company has completed more than 405 domestic infrastructure projects and over 130 international projects, spanning across more than 25 countries, including Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Algeria, Sri Lanka, and the United Kingdom. Its extensive track record includes the execution of thousands of track kilometers (TKM) of railway lines, thousands of kilometers of highways, and substantial railway electrification and tunneling works. To support its expansive operations, IRCON manages a network of 11 subsidiaries—such as Ircon Infrastructure & Services Limited, Ircon PB Tollway Limited, and Ircon Shivpuri Guna Tollway Limited—alongside 7 Joint Ventures focused on critical connectivity and station development. Additionally, the company is actively diversifying into the green energy sector through its subsidiary, Ircon Renewable Power Limited, aligning with national sustainability objectives. Financially, IRCON is a publicly traded entity listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker IRCON. The company has demonstrated consistent financial growth, elevating its status from a Miniratna to a Navratna category enterprise in October 2023. As of 2026, the company commands a significant market capitalization and handles a substantial order book, driving major revenue from its domestic and international segments. Currently led by Chairman and Managing Director Hari Mohan Gupta alongside a dedicated executive team, IRCON continues to prioritize technical innovation, operational excellence, and corporate governance as it actively participates in prestigious nation-building and international infrastructure development initiatives.