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

• Market Cap: ₹580.08B
• Dividend Yield: 1.52%
• Average Volume (3M): 66.55K
• Price to Earnings (P/E): 43.4
• Beta (1Y): 1.32
• 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: 58,384
• 30 Day Avg. Volume: 66,551
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹950.50
• Price Target Upside: 31.09% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 69 Neutral
• Price Target: ₹838.00 ▲(15.57% 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 Corp. Ltd. (IRCTC) is a public sector enterprise under the Ministry of Railways, Government of India. Established in 1999, IRCTC is responsible for providing ticketing, catering, and tourism services to the Indian Railways. The company operates in several sectors, including online ticketing, travel and tourism, catering services, and packaged drinking water under the brand name Rail Neer. IRCTC is pivotal in enhancing customer experiences for railway passengers across 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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	46.75B	42.70B	35.41B	18.78B	7.77B
Gross Profit	17.16B	19.33B	14.07B	9.60B	2.57B
EBITDA	18.27B	15.59B	14.14B	9.42B	3.10B
Net Income	13.15B	11.11B	10.06B	6.60B	1.87B
Balance Sheet
Total Assets	68.00B	60.91B	50.89B	38.84B	31.53B
Cash, Cash Equivalents and Short-Term Investments	26.57B	22.41B	19.30B	17.30B	14.59B
Total Debt	897.96M	603.50M	841.62M	1.05B	794.57M
Total Liabilities	31.37B	28.61B	26.10B	20.14B	16.97B
Stockholders Equity	36.63B	32.30B	24.78B	18.70B	14.56B
Cash Flow
Free Cash Flow	7.62B	6.50B	7.43B	5.02B	1.70B
Operating Cash Flow	8.10B	8.82B	8.12B	5.24B	2.48B
Investing Cash Flow	-2.29B	-2.00B	-3.17B	-2.42B	-4.53B
Financing Cash Flow	-9.10B	-4.04B	-4.34B	-2.58B	-468.47M

Indian Railway Catering & Tourism Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 725.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 725.1 is below the 20-day moving average (MA) of 736.82, below the 50-day MA of 759.30, and below the 200-day MA of 765.85, indicating a bearish trend. The MACD of -11.61 indicates Negative momentum. The RSI at 38.78 is Neutral, neither overbought nor oversold. The STOCH value of 37.26 is Neutral, 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	₹580.08B	43.36		1.52%	7.48%	12.75%
Sector *	65 Neutral	CHF6.89B	12.14	16.30%	2.61%	2.10%	15.97%
THOMASCOOK	61 Neutral	₹74.53B	29.36		0.25%	12.46%	-3.99%
DELHIVERY	61 Neutral	₹346.19B	173.84		―	7.99%	―
BHARTIHEXA	60 Neutral	₹850.72B	61.92		0.82%	―	―
RAILTEL	60 Neutral	₹111.37B	35.10		0.82%	37.80%	23.69%
ITDC	57 Neutral	₹46.09B	58.02		0.47%	18.45%	23.52%