IRCTC’s fundamental analysis shows a market capitalization of ₹74,080.00 crore, a PE ratio of 64.27, a debt-to-equity ratio of 0.02, and a return on equity (ROE) of 40.4%. The company demonstrates strong financial performance and minimal leverage, reflecting its robust market position.
Content:
- Indian Railway Catering And Tourism Corporation Ltd Overview
- Indian Railway Catering And Tourism Corporation Financial Results
- Indian Railway Catering And Tourism Corporation Financial Analysis
- Indian Railway Catering And Tourism Corporation Company Metrics
- Indian Railway Catering And Tourism Corporation Stock Performance
- Indian Railway Catering And Tourism Corporation Peer Comparison
- Indian Railway Catering And Tourism Corporation Shareholding Pattern
- Indian Railway Catering And Tourism Corporation History
- How To Invest In Indian Railway Catering And Tourism Corporation Ltd Share?
- Indian Railway Catering And Tourism Corporation Limited Fundamental Analysis – FAQs
Indian Railway Catering And Tourism Corporation Ltd Overview
Indian Railway Catering and Tourism Corporation (IRCTC) is a leading public sector enterprise specializing in online railway ticketing, catering, tourism, and packaged drinking water. It is renowned for its monopoly in online ticketing and significant contributions to India’s travel and tourism industry.
The company has a market capitalization of ₹74,080.00 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 44.6% below its 52-week high of ₹1,148 and 0.6% above its 52-week low of ₹636. The all-time high of the stock is ₹1,279, while the all-time low is ₹125.
Indian Railway Catering And Tourism Corporation Financial Results
IRCTC’s financial performance shows growth, with revenue increasing from ₹3,541 crore in FY 23 to ₹4,270 crore in FY 24. Profitability improved, with EPS rising from ₹12.57 to ₹13.89 and EBITDA from ₹1,397 crore to ₹1,630 crore.
- Revenue Trend: Sales increased from ₹3,541 crore in FY 23 to ₹4,270 crore in FY 24, indicating robust revenue growth.
- Equity and Liabilities: IRCTC’s equity and liabilities structure reflects financial stability and strategic management. The company maintains a balance between equity financing and low debt levels, ensuring sustainability and flexibility in capital allocation for growth initiatives.
- Profitability: Operating Profit Margin (OPM) decreased slightly from 36% in FY 23 to 34% in FY 24, indicating a minor decline in operational efficiency.
- Earnings per Share (EPS): EPS increased from ₹12.57 in FY 23 to ₹13.89 in FY 24, indicating strong profit growth per share.
- Return on Net Worth (RoNW): RoNW decreased from 40.58% in FY 23 to 34.40% in FY 24, indicating a decline in equity utilization efficiency and profitability.
- Financial Position: The company’s financial position strengthened with EBITDA increasing from ₹1,397 crore in FY 23 to ₹1,630 crore in FY 24, showcasing improved financial health and management.
Indian Railway Catering And Tourism Corporation Financial Analysis
| FY 24 | FY 23 | |
| Sales | 4,270 | 3,541 |
| Expenses | 2,804 | 2,265 |
| Operating Profit | 1,466 | 1,276 |
| OPM % | 34 | 36 |
| Other Income | 105.95 | 147.63 |
| EBITDA | 1,630 | 1,397 |
| Interest | 18.64 | 16.11 |
| Depreciation | 57.22 | 53.73 |
| Profit Before Tax | 1,496 | 1,354 |
| Tax % | 25.73 | 25.71 |
| Net Profit | 1,111 | 1,006 |
All values in ₹ Crores.
Indian Railway Catering And Tourism Corporation Company Metrics
IRCTC’s market cap is ₹74,080 crore, with a book value of ₹40.4 per share and a face value of ₹2.00. It has an asset turnover of 0.76, debt of ₹60.4 crore, EBITDA of ₹1,630 crore, dividend yield of 0.70%, and EPS of ₹13.9.
Market Capitalization: IRCTC’s market capitalization represents the total market value of its outstanding shares, amounting to ₹74,080.00 crore.
Book Value: IRCTC has a book value of ₹40.4 per share, representing the net asset value of the company divided by the number of outstanding shares.
Face Value: The face value of IRCTC’s shares is ₹2.00, which is the nominal value of each share as stated on the share certificate.
Asset Turnover: IRCTC has an asset turnover ratio of 0.76, indicating the company’s efficiency in using its assets to generate revenue.
Total Debt: IRCTC has a debt of ₹60.4 crore, reflecting its financial leverage and obligations.
EBITDA: IRCTC’s EBITDA is ₹1,630 crore, reflecting its operational performance and profitability over the financial year.
Dividend Yield: IRCTC has a dividend yield of 0.70%, reflecting the annual dividend income relative to its current share price.
Earnings per Share (EPS): IRCTC has an EPS of ₹13.9, indicating the amount of profit attributed to each outstanding share of common stock, reflecting the company’s profitability for its shareholders.
Indian Railway Catering And Tourism Corporation Stock Performance
IRCTC delivered notable returns on investment with 39.5% over 1 year and 20.2% over 3 years, indicating strong short- and mid-term performance. This highlights robust profitability for investors.
| Period | Return on Investment (%) |
| 1 Year | 39.5 |
| 3 Years | 20.2 |
Example: If an investor had invested ₹1,000 in IRCTC’s stock:
1 year ago, their investment would be worth ₹1,395.
3 years ago, their investment would have grown to ₹1,202.
This highlights strong short- and mid-term performance and overall profitability for investors.
Indian Railway Catering And Tourism Corporation Peer Comparison
IRCTC has no peers in its market, enjoying a monopoly in online railway ticketing, catering services, and packaged drinking water for Indian Railways. This unique position ensures significant market control and consistent revenue growth for the company.
Indian Railway Catering And Tourism Corporation Shareholding Pattern
IRCTC’s shareholding pattern from FY 2023 to FY 2024 shows promoters maintaining stable holdings at 62.4%. FIIs increased from 6.53% to 8.08%, DIIs rose from 10.06% to 12.72%, while retail and others’ holdings decreased from 21.01% to 16.79%.
| FY 2024 | FY 2023 | FY 2022 | |
| Promoters | 62.4 | 62.4 | 67.4 |
| FII | 8.08 | 6.53 | 6.42 |
| DII | 12.72 | 10.06 | 5.22 |
| Retail & others | 16.79 | 21.01 | 20.96 |
All values in %
Indian Railway Catering And Tourism Corporation History
Indian Railway Catering and Tourism Corporation (IRCTC) was established in 1999 as a public sector enterprise under the Ministry of Railways. Initially, its primary mandate was to handle catering services on trains and at railway stations, aiming to improve the quality and efficiency of these services.
In 2002, IRCTC launched its online ticketing platform, revolutionizing the way Indian rail passengers booked their tickets. The e-ticketing service quickly gained popularity due to its convenience and ease of use, significantly reducing the need for passengers to visit railway booking counters.
Over the years, IRCTC expanded its services to include tourism and hospitality. It began offering a range of travel packages, including rail tours, hotel bookings, and holiday packages. This diversification helped IRCTC tap into the growing travel and tourism market in India.
In 2010, IRCTC ventured into the packaged drinking water market with its Rail Neer brand. This initiative aimed to provide safe and hygienic drinking water to passengers at railway stations and on trains. Rail Neer quickly became a trusted brand, contributing to IRCTC’s revenue.
Today, IRCTC is a dominant player in the Indian travel and tourism sector, with a diversified portfolio that includes online ticketing, catering, tourism, and packaged drinking water. Its monopoly in online railway ticketing and strategic expansions have solidified its position as a market leader.
How To Invest In Indian Railway Catering And Tourism Corporation Ltd Share?
Investing in Indian Railway Catering And Tourism Corporation Ltd shares is a straightforward process:
- Open a Demat Account: Start by opening a Demat and trading account with a reliable brokerage firm like Alice Blue.
- Complete KYC: Submit necessary documents for KYC verification.
- Fund Your Account: Deposit funds into your trading account.
- Buy Shares: Search for Indian Railway Catering And Tourism Corporation Ltd shares and place your buy order.
Indian Railway Catering And Tourism Corporation Limited Fundamental Analysis – FAQs
IRCTC’s fundamental analysis shows a market capitalization of ₹74,080.00 crore, a PE ratio of 64.27, a debt-to-equity ratio of 0.02, and a return on equity (ROE) of 40.4%, indicating strong financial performance and minimal leverage.
IRCTC’s fundamental analysis shows a market capitalization of ₹74,080.00 crore, reflecting its substantial market value and leading position in the industry.
Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a public sector enterprise specializing in online railway ticketing, catering, tourism, and packaged drinking water for Indian Railways.
IRCTC is owned by the Government of India, making it a public sector enterprise under the Ministry of Railways.
The main shareholders of IRCTC include promoters holding 62.4%, FIIs with 8.08%, DIIs with 12.72%, and retail and others holding 16.79%.
IRCTC operates in the travel, tourism, and hospitality industry, providing services such as online ticketing, catering, tourism packages, and packaged drinking water.
To invest in IRCTC shares, open a brokerage account, complete KYC, deposit funds, and purchase shares through the stock exchange using your broker’s platform or app.
Determining if IRCTC is overvalued or undervalued requires analyzing its current market price compared to its intrinsic value, considering factors like PE ratio, growth prospects, and industry comparisons. With a high PE ratio of 64.27, IRCTC may be overvalued relative to its earnings.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
