Indian Railway Catering & Tourism Corp. Ltd. (IRCTC) AI Stock Analysis

• Market Cap: ₹562.60B
• Dividend Yield: 1.14%
• Average Volume (3M): 71.68K
• Price to Earnings (P/E): 42.1
• Beta (1Y): 1.35
• Revenue Growth: 7.48%
• EPS Growth: 12.75%
• Country: IN
• Employees: 1,407
• Sector: Services
• Sector Strength: N/A
• Industry: Railroads
• EPS (TTM): 4.10
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 97,905
• 30 Day Avg. Volume: 71,676
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹838.00
• Price Target Upside: 19.74% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ₹838.00 ▲(19.74% Upside)

IN:IRCTC's strong financial performance, characterized by robust revenue growth and a healthy balance sheet, is the primary positive factor. However, technical indicators suggest some bearish trends, and valuation metrics indicate the stock might be overvalued. These factors collectively moderate the overall score.

Indian Railway Catering & Tourism Corp. Ltd. Business Overview & Revenue Model

Company Description

Indian Railway Catering & Tourism Corporation Limited provides catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. It operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. The company offers mobile catering services, including Rajdhani, Shatabdi and Duronto; mail express, train side vending, Gatiman, and Tejas and Vande Bharat; e-catering; and other catering services, such as food plaza, fast food units, refreshment rooms, Jan Ahaars, cell kitchen, base kitchen, executive lounges, retiring rooms, RYN/BNR hotels, and non-railway catering. In addition, the company 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. Further, 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.

How the Company Makes Money

IRCTC generates revenue through several key streams. The primary source of income is its online ticketing platform, where it charges a convenience fee for booking train tickets. Catering services, provided in trains and at railway stations, constitute another significant revenue stream, alongside the sale of packaged drinking water branded as Rail Neer. Additionally, IRCTC earns from its travel and tourism services, which include organizing tours, hotel bookings, and holiday packages. The company also engages in partnerships and collaborations with various entities to expand its service offerings, further contributing to its earnings.

Indian Railway Catering & Tourism Corp. Ltd. Financial Statement Overview

Summary

Indian Railway Catering & Tourism Corp. Ltd. shows strong financial health with consistent revenue growth, solid profitability metrics, and efficient cash flow management. The company's low debt-to-equity ratio adds to its financial stability.

Income Statement

Indian Railway Catering & Tourism Corp. Ltd. has demonstrated strong revenue growth, with a compound annual growth rate (CAGR) of over 20% in the last few years. The company maintains solid profitability metrics, with a gross profit margin consistently above 35% and increasing EBIT and EBITDA margins, indicating efficient cost management and operational effectiveness. Net profit margins have also been strong, highlighting robust bottom-line performance.

Balance Sheet

The company exhibits a healthy balance sheet with a low debt-to-equity ratio, reflecting financial stability and low leverage risk. The equity ratio indicates a strong asset base backed by equity, enhancing financial resilience. The return on equity has been impressive, driven by high net income, showcasing effective use of shareholder capital.

Cash Flow

Cash flow generation is strong, underpinned by a consistent increase in free cash flow over the years. The operating cash flow to net income ratio is robust, demonstrating efficient conversion of earnings into cash. The company has shown a positive trajectory in free cash flow growth, reinforcing its capacity to fund operations and investments without heavily relying on external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.64B	46.75B	42.70B	35.41B	18.78B	7.77B
Gross Profit	16.75B	17.16B	19.33B	14.07B	9.60B	2.57B
EBITDA	17.24B	18.27B	15.59B	14.14B	9.42B	3.10B
Net Income	12.41B	13.15B	11.11B	10.06B	6.60B	1.87B
Balance Sheet
Total Assets	0.00	68.00B	60.91B	50.89B	38.84B	31.53B
Cash, Cash Equivalents and Short-Term Investments	24.21B	26.57B	22.41B	19.30B	17.30B	14.59B
Total Debt	0.00	897.96M	603.50M	841.62M	1.05B	794.57M
Total Liabilities	-35.23B	31.37B	28.61B	26.10B	20.14B	16.97B
Stockholders Equity	35.23B	36.63B	32.30B	24.78B	18.70B	14.56B
Cash Flow
Free Cash Flow	0.00	7.62B	6.50B	7.43B	5.02B	1.70B
Operating Cash Flow	0.00	8.10B	8.82B	8.12B	5.24B	2.48B
Investing Cash Flow	0.00	-2.29B	-2.00B	-3.17B	-2.42B	-4.53B
Financing Cash Flow	0.00	-9.10B	-4.04B	-4.34B	-2.58B	-468.47M

Indian Railway Catering & Tourism Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 699.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IRCTC, the sentiment is Negative. The current price of 699.85 is below the 20-day moving average (MA) of 718.95, below the 50-day MA of 726.50, and below the 200-day MA of 750.88, indicating a bearish trend. The MACD of -2.28 indicates Positive momentum. The RSI at 35.06 is Neutral, neither overbought nor oversold. The STOCH value of 6.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:IRCTC.

Indian Railway Catering & Tourism Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRCTC	69 Neutral	₹562.60B	42.05	―	1.14%	7.48%	12.75%
RAILTEL	67 Neutral	₹121.25B	38.22	14.99%	0.75%	37.80%	23.69%
BHARTIHEXA	62 Neutral	₹838.75B	61.04	21.73%	0.83%	―	―
DELHIVERY	61 Neutral	₹332.41B	166.74	1.72%	―	7.99%	―
THOMASCOOK	60 Neutral	₹76.60B	30.19	11.26%	0.28%	12.46%	-4.05%
ITDC	58 Neutral	₹50.03B	62.72	22.42%	0.50%	18.45%	24.02%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%