IRCTC

INDIAN RAILWAY CATERING & TOURISM CORPORATION

Large Cap BSE: 542830 NSE: IRCTC
₹716.45
-12.65 (-1.74%)
As on 06 December, 2022 | 22:25

Indian Railway Catering & Tourism Corporation Performance

Day Range

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52 Week Range

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Indian Railway Catering & Tourism Corporation Share Price

Indian Railway Catering & Tourism Corporation Share Returns

  • Over 1 Month -5.54%
  • Over 3 Month 1.15%
  • Over 6 Month 8.9%
  • Over 1 Year -10.6%

Indian Railway Catering & Tourism Corporation Key Statistics

P/E Ratio 64.1
PEG Ratio 0.6
Market Cap Cr 57,316
Price to Book Ratio 30.4
EPS 8.3
Dividend 0.5
Relative Strength Index 41.23
Money Flow Index 38.58
MACD Signal -1.44
Average True Range 14.55

Indian Railway Catering & Tourism Corporation Investment Rating

  • Master Rating:
  • Indian Railway Catering And Tourism Corp has an operating revenue of Rs. 2,889.56 Cr. on a trailing 12-month basis. An annual revenue growth of 125% is outstanding, Pre-tax margin of 47% is great, ROE of 35% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its key moving averages, around 0% and 3% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 78 indicates it belongs to a poor industry group of Leisure-Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Indian Railway Catering & Tourism Corporation Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 806853691540405243339
Operating Expenses Qtr Cr 501532414261193132192
Operating Profit Qtr Cr 305321277279212112145
Depreciation Qtr Cr 19141312121119
Interest Qtr Cr 5232244
Tax Qtr Cr 81846973552935
Net Profit Qtr Cr 22624621420915983104

Indian Railway Catering & Tourism Corporation Technicals

EMA & SMA

Current Price
716.45
-12.65 (-1.74%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 729.24
  • 50 Day
  • 724.44
  • 100 Day
  • 712.58
  • 200 Day
  • 701.98
  • 20 Day
  • 730.8
  • 50 Day
  • 728.4
  • 100 Day
  • 698.67
  • 200 Day
  • 702.91

Indian Railway Catering & Tourism Corporation Resistance and Support

PIVOT
₹729.3
Resistance
First Resistance 733.5
Second Resistance 737.9
Third Resistance 742.1
RSI 41.23
MFI 38.58
MACD Single Line -1.44
MACD -2.37
Support
First Resistance 724.9
Second Resistance 720.7
Third Resistance 716.3

Indian Railway Catering & Tourism Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,789,991 113,737,630 30.01
Week 2,029,325 75,896,762 37.4
1 Month 2,007,516 68,717,263 34.23
6 Month 2,953,733 85,776,401 29.04

Indian Railway Catering & Tourism Corporation Result Highlights

Indian Railway Catering & Tourism Corporation Synopsis

NSE-Leisure-Services

Irctc is involved in the business activities of Data processing, hosting and related activities; web portals. Company’s Total Operating Revenue is Rs. 1879.48 Cr. and Equity Capital is Rs. 160.00 Cr. for the Year ended 31/03/2022. Indian Railway Catering & Tourism Corporation Ltd. is a Public Limited Listed company incorporated on 27/09/1999 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1999GOI101707 and registration number is 101707.
Market Cap 57,316
Sales 2,890
Shares in Float 26.40
No of funds 441
Yield 0.48
Book Value 6.08
U/D Vol ratio 1.1
LTDebt / Equity
Alpha -0.08
Beta 1.37

Indian Railway Catering & Tourism Corporation

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 67.4%67.4%67.4%
Mutual Funds 0.11%0.12%0.1%
Insurance Companies 5.26%5%4.98%
Foreign Portfolio Investors 5.81%5.87%6.42%
Financial Institutions/ Banks 0.15%0.16%0.12%
Individual Investors 19.86%19.91%19.45%
Others 1.41%1.54%1.53%

Indian Railway Catering & Tourism Corporation Management

Name Designation
Mrs. Rajni Hasija Chairman & Managing Director
Mr. Ajit Kumar Director - Finance
Mr. Neeraj Sharma Government Nominee Director
Mr. Vishwanath Shanker Government Nominee Director
Mr. Vinay Kumar Sharma Independent Director
Mr. Namgyal Wangchuk Independent Director
Mr. Debashis Chandra Director

Indian Railway Catering & Tourism Corporation Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Indian Railway Catering & Tourism Corporation Corporate Action

Date Purpose Remarks
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results
2022-05-30 Audited Results & Final Dividend
2022-02-08 Quarterly Results & Interim Dividend
2021-11-01 Quarterly Results
Date Purpose Remarks
2022-02-18 INTERIM Rs.2.00 per share(100%)Interim Dividend
2021-09-22 FINAL Rs.5.00 per share(50%)Final Dividend
Date Purpose Remarks
2021-10-29 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Indian Railway Catering & Tourism Corporation MF Shareholding

Name Amount(cr)
HDFC Large and Mid Cap Fund Growth 7519
Edelweiss Arbitrage Fund Regular Growth 5535
NJ Balanced Advantage Fund Regular Growth 4826
Nippon India ETF Nifty Next 50 Junior BeES 3020
ICICI Prudential Nifty Next 50 Index Fund Growth 2480

About Company

The Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is a public sector enterprise of the Indian Railways (Government of India). It was established on 27th September 1999. Its office is situated in New Delhi. This was an extension of the Ministry of Railways, which was incorporated to upgrade and provide hospitality services at railway stations, trains, and other places. IRCTC provides services such as tour packages, budget hotels, catering, internet ticketing, and selling packaged drinking water (Rail Neer) at trains and railway stations to promote international and domestic tourism.

IRCTC has offices in several places across the country.

1. There are fourteen packaged drinking water plants in Delhi, Bihar, Tamil Nadu, Maharashtra, Gujarat, etc. 
2. IRCTC has under its wings eleven kitchens located at Howrah, Ahmedabad, Patna, Nagpur, Sealdah, Kharagpur, etc. 
3. It has five zonal offices in New Delhi, Kolkata, Mumbai, Chennai, and Secunderabad. 
4. There are ten regional offices at Lucknow, Jaipur, Bhubaneswar, Bhopal, Ahmedabad, Guwahati, Patna, Bangalore, Chandigarh, and Ernakulam. 
5. IRCTC has only one ticketing office in New Delhi. Its tourism office is also set up in New Delhi. 

One of the pioneering services offered by IRCTC is an internet-based ticket booking facility. It also gives I-tickets, which are tickets booked online but delivered by postal services. Today, it has other advanced features like SMS facilities to track PNR status and live trains. IRCTC also offers global reservation services, including flight and hotel bookings. 

IRCTC has upgraded its reservation services and now provides tickets to passengers who book seats on short notice in almost all Express trains through the official website of IRCTC under the Tatkal scheme. Tatkal tickets can be booked at 10:00 AM (for AC coach) and from 11:00 AM (non-AC coach) one day in advance. 

IRCTC is the sole caterer of food on trains operated by Indian railways. IRCTC also has the right to run cafeterias and refreshment rooms in railway stations. It has also launched e-catering services that allow passengers to order food from partner restaurants which are then delivered to their seats. IRCTC aims to be the one-stop travel solution for customers. Hence, it includes various other services, like luxurious waiting lounges and budget hotels in collaboration with private companies. 

Indian Railway & Catering Tourism Corporation Ltd has budget-friendly and extravagant tour packages to promote tourism. 'Bharat Darshan' is an affordable tour package organized by IRCTC that takes tourists to popular destinations across India. Trains like Maharaja's Express are included in deluxe tour packages. 

Company History

IRCTC was officially listed on the National Stock Exchange in 2019, which reduced the Government of India's holding to only 87% shares of the company. In 2020, another 20% of the shares were allowed for public trading, and now the Indian Government holds only 67% of IRCTC. Today, IRCTC belongs to the 'Mini Ratna' (Category-I) of central public sector undertaking, which affords IRCTC specific financial liberty.

IRCTC is the only authorized entity to offer the service of booking train tickets online. This service was introduced to bring the passenger reservation system to the passengers so that they don't have to travel to book tickets. The official website of IRCTC is one of the most transacted websites in the Asia-Pacific region, with an average transaction volume of 25 to 28 million transactions per month. In 2004, Indian Railway & Catering Tourism Corporation Ltd introduced PNR status alerts through SMS services. 

IRCTC also provides food services on trains and platforms. To professionalize and upgrade their catering services, in 2004, the Indian Railway Catering & Tourism Corporation Ltd partnered with major food chains to open food plazas at railway stations. IRCTC is the only entity with the right to sell packaged drinking water at railway stations. They manufacture the packaged drinking water named 'Rail Neer.' By 2021, IRCTC added four new Rail Neer plants to the existing ten plants, thus increasing the total number of packaged drinking water plants to fourteen. 

Indian Railways directed the company to undertake tour and travel-related services. This led IRCTC to assume new responsibilities in different tourism segments, like booking train tickets, plane tickets, hotels, and tour packages (budget and deluxe). 

Since its inception as a public sector entity, it has consistently provided substantial returns to its stakeholders. The return on equity has exceeded 23% from FY 2017 to FY 2020, although it dipped to some extent to 12% in FY 2021. However, it has remained a debt-free company since its inception.

Indian Railway Catering & Tourism Corporation FAQs

What is Share Price of Indian Railway Catering & Tourism Corporation ?

Indian Railway Catering & Tourism Corporation share price is ₹716 As on 06 December, 2022 | 22:11

What is the Market Cap of Indian Railway Catering & Tourism Corporation ?

The Market Cap of Indian Railway Catering & Tourism Corporation is ₹57316 Cr As on 06 December, 2022 | 22:11

What is the P/E ratio of Indian Railway Catering & Tourism Corporation ?

The P/E ratio of Indian Railway Catering & Tourism Corporation is 64.1 As on 06 December, 2022 | 22:11

What is the PB ratio of Indian Railway Catering & Tourism Corporation ?

The PB ratio of Indian Railway Catering & Tourism Corporation is 30.4 As on 06 December, 2022 | 22:11

What is IRCTC?

Indian Railway Catering & Tourism Corporation Limited is a public sector enterprise under Indian Railways. It caters to various sectors in the tourism department, like providing catering services on trains and at railway platforms, manufacturing and distributing packaged drinking water, offering tour packages, and online ticket booking systems.

How is IRCTC a monopoly?

IRCTC is the only authorized organization to offer an online ticket booking service for Indian Railways, sell packaged drinking water across all railway stations, and provide food services on trains and railway platforms.

Is IRCTC debt free?

IRCTC enjoys a monopoly on several operations, and coupled with its efficient management and magnificent financials, IRCTC has remained debt-free since its incorporation.

Q2FY23