Indian Railway Catering & Tourism Corporation Ltd
₹436.35-₹7.90 (-1.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹50,412 Cr
- P/E
- 37.7x
- EV / EBITDA
- 31.4x
- Revenue
- ₹4,675 Cr
- Net margin
- 26.1%
- ROCE
- 44.6%
Price chart
Technical chartScreen technicals →-40.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -4.2%
- 3M
- -11.5%
- 6M
- -19.2%
- 1Y
- -40.1%
- 5Y
- -46.9%
52-week range
Day change -₹7.90 (-1.8%) from ₹444 to ₹436 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in IRCTC, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 16.7%
Concerns1
- Operating margin declining for 3 consecutive years (36.0% → 34.0% → 33.0%)
Rule-based from financial data. Not advice.
About the company
Indian Railway Catering & Tourism Corporation Limited engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. The company operates through four segments: Catering & Hospitality, Travel & Tourism, Internet Ticketing, and Packaged Drinking Water.
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Indian Railway Catering & Tourism Corporation Limited engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. The company operates through four segments: Catering & Hospitality, Travel & Tourism, Internet Ticketing, and Packaged Drinking Water. It provides mobile catering services for Vande Bharat, Rajdhani, Shatabdi, Duronto, Gatiman, Tejas, and mail/express trains as well as engages in the side vending and e-catering activities; and operates and maintains food plazas, fast food units, food courts, refreshment rooms, mini stores, base kitchens, executive lounges, retiring rooms, Rail Yatri Niwas/BNR hotels, and non-railway catering units. The company also offers tourism products and services comprising domestic tour packages, inbound tourist targeted tours, mass tourism, outbound tour packages, and air ticket and corporate travel; and other tourism activities, such as event management, booking of charter trains and coaches, hill and heritage charters, saloon tours and charters, online reservation and accommodation facilities, and adventure tourism. In addition, it offers packaged drinking water under the Rail Neer name; and train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal. The company was incorporated in 1999 and is based in New Delhi, India.
- Sector
- Automobiles & Components
- Shares outstanding
- 80.0 Cr shares
- ISIN
- INE335Y01020
- BSE code
- 542830
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹50,412 Cr
- P/E
- 37.7x
- P/B
- 11.8x
- EV / EBITDA
- 31.4x
- EV / Sales
- 11.6x
- P/S
- 11.8x
- Earnings yield
- 2.7%
- 52-week high
- ₹730.40
- 52-week low
- ₹436.35
Profitability
- Operating margin
- 34.4%
- Net margin
- 26.1%
- EBITDA margin
- 36.9%
- ROE
- 34.4%
- ROCE
- 44.6%
- ROA
- 18.2%
- Dividend payout
- 47.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 7.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹4,675 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 13.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,572 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 16.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹882 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹316 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.7%
Solvency and efficiency
- Current ratio
- 1.89
- Debt / Equity
- 0.02
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.04
- Interest coverage
- 77.16
- Financial leverage
- 1.89
- CFO / Net profit
- 0.79
- Cash / Market cap
- 10.5%
- Cash per share
- ₹66.31
- Asset turnover
- 0.70
- Fixed asset turnover
- 12.42
- Capital intensity
- 0.08
- Debtor days
- 118 days
- Inventory turnover
- 22.81
- Cash conversion cycle
- -1349 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹28 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,124 Cr |
| Sales | Operating profit | ₹1,551 Cr |
| Operating profit | Interest | ₹17 Cr |
| Operating profit | Depreciation | ₹53 Cr |
| Operating profit | Profit before tax | ₹1,481 Cr |
| Other income | Profit before tax | ₹276 Cr |
| Profit before tax | Tax and other | ₹442 Cr |
| Profit before tax | Net profit | ₹1,315 Cr |
Revenue and net profit
Revenue grew 9.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹777 Cr | ₹187 Cr |
| FY2022 | ₹1,879 Cr | ₹660 Cr |
| FY2023 | ₹3,541 Cr | ₹1,006 Cr |
| FY2024 | ₹4,260 Cr | ₹1,111 Cr |
| FY2025 | ₹4,675 Cr | ₹1,315 Cr |
Cash flows
FY2025: ₹834 Cr from operations, ₹595 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹248 Cr | -₹205 Cr |
| FY2022 | ₹524 Cr | ₹282 Cr |
| FY2023 | ₹812 Cr | ₹495 Cr |
| FY2024 | ₹882 Cr | ₹667 Cr |
| FY2025 | ₹834 Cr | ₹595 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹4,675 Cr+9.7%1Y
- Net profit
- ₹1,315 Cr+18.4%1Y
- Cash from operations
- ₹834 Cr
- Free cash flow
- ₹595 Cr-10.8%1Y
- Revenue CAGR, 5Y
- 13.5%
- EBITDA CAGR, 5Y
- 15.0%
- Net profit CAGR, 5Y
- 16.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹4,675 Cr | ₹1,551 Cr | — | ₹1,315 Cr | ₹834 Cr | ₹595 Cr | 35.9% | +9.7% | +18.4% |
Monthly returns
Month-by-month returns of IRCTC across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹6,799 Cr |
| Equity capital | ₹160 Cr |
| Reserves | ₹3,503 Cr |
| Borrowings | ₹90 Cr |
| Other liabilities | ₹3,046 Cr |
| Assets | ₹6,799 Cr |
| Fixed assets | ₹813 Cr |
| Capital work in progress | ₹27 Cr |
| Investments | ₹25 Cr |
| Other assets | ₹5,934 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
IRCTC trades at 37.7x earnings against a peer median of 34.8x.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Indian Railway Catering & Tourism Corporation LtdIRCTCthis company | ₹50,412 Cr | 37.7x | 11.8x | 34.4% | 31.4x |
| UNO Minda LimitedUNOMINDA | ₹69,261 Cr | 73.0x | 12.7x | 15.8% | 53.8x |
| Rail Vikas Nigam LimitedRVNL | ₹68,796 Cr | 69.3x | 8.0x | 18.6% | 28.3x |
| M.R.F. Ltd.MRF | ₹62,600 Cr | 34.8x | 3.3x | — | — |
| Schaeffler India LimitedSCHAEFFLER | ₹59,282 Cr | 53.0x | 10.8x | — | — |
| Balkrishna Industries Ltd.BALKRISIND | ₹46,320 Cr | 34.2x | 4.4x | 16.2% | 18.3x |
| Tube Investments of India LtdTIINDIA | ₹46,186 Cr | 34.4x | 8.3x | 18.5% | 40.6x |
| Apollo Tyres LtdAPOLLOTYRE | ₹33,041 Cr | 42.8x | 3.1x | 11.1% | 11.3x |
| Motherson Sumi Wiring India LimitedMSUMI | ₹30,320 Cr | 49.4x | 16.4x | 38.0% | 29.5x |
| Peer median | — | 34.8x | 5.2x | 16.1% | 21.0x |
Year-to-date ROI
IRCTC since 1 January, against earlier years.
Historical volatility
IRCTC's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 24.0% |
| FY2022 | 47.0% |
| FY2023 | 36.0% |
| FY2024 | 34.0% |
| FY2025 | 33.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹4,675 Cr |
| Costs | |
| Interest | ₹17 Cr |
| Expenses | ₹3,124 Cr |
| Operating profitOperating Profit | ₹1,551 Cr |
| Other income and charges | |
| Profit before tax | ₹1,757 Cr |
| Tax | |
| Net profitNet Profit | ₹1,315 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹6,799 Cr |
| Equity capitalEquity Capital | ₹160 Cr |
| Reserves | ₹3,503 Cr |
| Borrowings | ₹90 Cr |
| Other liabilitiesOther Liabilities | ₹3,046 Cr |
| AssetsTotal Assets | ₹6,799 Cr |
| Fixed assetsFixed Assets | ₹813 Cr |
| Capital work in progressCWIP | ₹27 Cr |
| Investments | ₹25 Cr |
| Other assetsOther Assets | ₹5,934 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹834 Cr |
| Investing cash flowCash from Investing Activity | -₹239 Cr |
| Financing cash flowCash from Financing Activity | -₹910 Cr |
| Change in cashNet Cash Flow | -₹316 Cr |
Learn while you research
Academy chapters picked for Indian Railway Catering & Tourism Corporation Ltd and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 37.7, learn when high multiples are justified.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read