Indian Railway Catering & Tourism Corporation Ltd
Incorporated in 1999, IRCTC is a Mini Ratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water
at railway stations and trains in India[1]
- Market Cap ₹ 64,688 Cr.
- Current Price ₹ 809
- High / Low ₹ 1,148 / 690
- Stock P/E 53.8
- Book Value ₹ 44.0
- Dividend Yield 0.80 %
- ROCE 53.8 %
- ROE 40.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 18.4 times its book value
- Promoter holding has decreased over last 3 years: -5.00%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Railways Industry: Travel Agencies
Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 BSE PSU
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 3,541 | 4,270 | 4,455 | |
| 2,265 | 2,804 | 2,951 | |
| Operating Profit | 1,276 | 1,466 | 1,504 |
| OPM % | 36% | 34% | 34% |
| 148 | 106 | 185 | |
| Interest | 16 | 19 | 16 |
| Depreciation | 54 | 57 | 56 |
| Profit before tax | 1,354 | 1,496 | 1,617 |
| Tax % | 26% | 26% | |
| 1,006 | 1,111 | 1,200 | |
| EPS in Rs | 12.57 | 13.89 | 15.00 |
| Dividend Payout % | 52% | 47% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | -2% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 160 | 160 | 160 |
| Reserves | 2,318 | 3,070 | 3,363 |
| 84 | 60 | 42 | |
| 2,526 | 2,801 | 3,235 | |
| Total Liabilities | 5,089 | 6,091 | 6,800 |
| 351 | 343 | 314 | |
| CWIP | 34 | 443 | 466 |
| Investments | 0 | 0 | 0 |
| 4,704 | 5,306 | 6,020 | |
| Total Assets | 5,089 | 6,091 | 6,800 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 812 | 882 | |
| -317 | -200 | |
| -434 | -404 | |
| Net Cash Flow | 61 | 277 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 118 | 117 |
| Inventory Days | 18 | 16 |
| Days Payable | 1,595 | 1,484 |
| Cash Conversion Cycle | -1,459 | -1,350 |
| Working Capital Days | 6 | 22 |
| ROCE % | 54% |
Documents
Announcements
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Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - IRCTC fined for non-compliance of independent director requirements.
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Announcement under Regulation 30 (LODR)-Change in Directorate
11 Nov - Completion of tenure of Independent Director Mr. Namgyal Wangchuk.
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Announcement under Regulation 30 (LODR)-Change in Directorate
8 Nov - Mr. Vinay Kumar Sharma completed his tenure as Independent Director.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
7 Nov - Penalty of ₹95.88 lacs imposed by CGST Delhi.
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Announcement under Regulation 30 (LODR)-Change in Management
5 Nov - Change in Group General Manager for East Zone.
Annual reports
Concalls
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Aug 2024TranscriptPPTREC
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Jun 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Sep 2023Transcript PPT
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Jun 2023TranscriptPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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Jun 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Dec 2021TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jul 2021TranscriptPPT
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Mar 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Jul 2020TranscriptPPT
Overview
IRCTC is a 'Mini Ratna (Category-I)' Central Public Sector Enterprise under the Ministry of Railways, GOI, engaged in hospitality, travel, and tourism. In July 2024, it became a Scheduled ‘A’ Public Sector Undertaking of the Government of India. [1] [2]