Indian Railway Catering & Tourism Corp. Ltd.

Indian Railway Catering & Tourism Corp. Ltd.

451.30
INR
+0.60
(+0.13%)
17.42EPS
28.88P/E
402.48BMarket Cap
Nov 18Next Earn
Indian Railway Catering & Tourism Corp. Ltd.
BSE:IRCTC
(Bombay Stock Exchange)

Recent

price

451.30

P/E

ratio

28.88

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
18.98
18.31
23.37
28.3
9.71
23.48
44.26
53.25
58.43
65.18
67.84
Revenue per Share
2.86
2.76
3.86
6.41
2.34
8.24
12.57
13.89
16.44
17.42
17.42
Basic EPS, GAAP
3.83
-0.14
5.56
4.67
2.13
6.28
9.3
8.12
9.82
14.94
- -
Free Cash Flow per Basic Share
1.7
0.71
2.24
3.35
0.5
3
5
4.5
11
9.5
- -
Dividend per Share
9.83
11.93
13.39
16.42
18.2
23.38
30.98
40.37
45.79
53.86
- -
Book Value per Share
9.67
11.85
13.29
16.37
18.11
23.31
30.95
40.33
45.77
53.81
- -
Tangible Book Value per Share
800
800
800
800
800
800
800
800
800
800
800
Basic Weighted Avg Shares
15,184
14,648
18,695
22,640
7,766
18,782
35,408
42,598
46,743
52,144
54,247
Sales/Revenue/Turnover
19.22
17.13
19.03
29.5
22.21
45.11
35.31
33.26
32.19
31.21
29.59
Operating Margin (%)
224
237
286
402
463
490
537
572
526
496
- -
Depreciation Expense
2,291
2,206
3,086
5,131
1,870
6,596
10,059
11,111
13,149
13,935
13,929
Net Income, GAAP
35.48
36.17
35.52
29.67
27.37
25.51
25.71
25.73
25.17
25.69
25.7
Effective Tax Rate (%)
15.09
15.06
16.51
22.66
24.08
35.12
28.41
26.08
28.13
26.72
25.68
Profit Margin (%)
6,190
7,853
8,080
10,805
11,686
15,801
19,605
25,125
28,772
34,387
- -
Working Capital
- -
- -
- -
552
607
834
595
418
717
614
- -
LT Debt
7,866
9,545
10,710
13,138
14,558
18,703
24,784
32,298
36,634
43,085
- -
Total Equity
- -
16.91
23.35
36.34
8.86
34.71
41.24
34.68
33.25
30.24
- -
Return on Invested Capital (%)
- -
25.56
30.62
42.23
13.19
38.04
44.86
38.44
37.7
34.56
- -
Return on Capital (%)
- -
25.34
30.47
43.03
13.51
39.66
46.26
38.93
38.15
34.96
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
193
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
614
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
800
800
800
Market Capitalization
547,640
395,520
402,480

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
64,165
- -
Cash, Cash Equivalents & STI
- -
27,986
- -
Accounts Receivable, Net
- -
18,816
- -
Inventories
- -
136
- -
Total Current Liabilities
- -
29,778
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
193
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.47%
17.61%
Free Cash Flow
- -
60.71%
52.1%
Net Income, GAAP
- -
67.99%
5.97%
Sales/Revenue/Turnover
- -
54.39%
11.55%
Total Cash Common Dividend
- -
137.49%
-13.64%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11,176
10,640
12,247
12,685
46,743
2026
11,597
11,460
14,495
14,597
52,144
2027
13,695
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.85
3.85
4.26
4.48
16.44
2026
4.13
4.28
4.93
4.08
17.42
2027
4.13
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
9.5
2027
- -
- -
- -
- -
- -
Business
Indian Railway Catering and Tourism Corporation Limited (IRCTC) provides catering, internet ticketing, tourism, and packaged drinking water services primarily for Indian Railways across India. Founded in 1999 and headquartered in New Delhi, the company operates as a Navratna central public sector enterprise under the Ministry of Railways, with core segments encompassing mobile catering on premium trains including Vande Bharat, Rajdhani, Shatabdi, and mail/express services; static catering via food plazas, fast food units, refreshment rooms, base kitchens, retiring rooms, and dormitories at stations; e-catering through partnerships with aggregators like Swiggy and Zomato at over 400 stations; Rail Neer branded bottled water from 19 plants; internet ticketing via website, apps, and SMS with features like Aadhaar-linked priority booking, Tatkal quota, and multi-modal bookings for rail, air, bus, hotel, and taxi; and tourism offerings such as luxury trains like Maharajas' Express and Tejas Express, domestic/inbound/outbound tour packages, rail tour packages, holiday packages, event management, charter trains, and adventure tourism. IRCTC serves 66 million registered users, booking an average of 7.31 lakh tickets daily, and targets mass-market passengers with affordable one-stop travel solutions. Recent developments include attainment of Navratna status in March 2025 for enhanced operational autonomy; RBI approval for subsidiary IRCTC Payments Ltd as an online payment aggregator to capture railway and government transactions; launch of new services on website and app such as DMRC QR-based ticketing and premium food products like Railway Cutlet; plans for four additional Rail Neer plants, capacity doubling at existing facilities, and 30-35 budget hotels with Railway Land Development Authority; e-catering expansion; unified passenger services app and online travel agency portal; and a targeted 10% overall growth in FY26 with 9-10% in catering and 15% in tourism.