IRCTC
₹700.5
3.7 (0.53%)
  • Advice
  • Hold
As on 30 November, 2023 | 09:05 BSE: 542830 NSE: IRCTCISIN: INE335Y01020

Irctc Performance

Day Range

  • Low 0.00
  • High 0.00
₹ 700.5

52 Week Range

  • Low 0.00
  • High 758.00
₹ 700.5
  • Open Price700.00
  • Previous Close700.50
  • Volume2506

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Irctc Share Price

  • Over 1 Month 6.24%
  • Over 3 Month 4.16%
  • Over 6 Month 8.48%
  • Over 1 Year -3.11%

Irctc Key Statistics

P/E Ratio 52.8
PEG Ratio 2.8
Market Cap Cr 56,040
Price to Book Ratio 22.6
EPS 12.3
Dividend 1.1
Relative Strength Index 57.21
Money Flow Index 75.24
MACD Signal 3.3
Average True Range 13.94

Irctc Investment Rating

  • Master Rating:
  • Indian Railway Catering And Tourism Corp has an operating revenue of Rs. 3,880.18 Cr. on a trailing 12-month basis. An annual revenue growth of 88% is outstanding, Pre-tax margin of 38% is great, ROE of 40% 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 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 7% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 79 which is a FAIR score but needs to improve its earnings, a RS Rating of 32 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 105 indicates it belongs to a poor industry group of Leisure-Travel Booking 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 has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

IRCTC Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9951,002965918806853691
Operating Expenses Qtr Cr 629659640592501532414
Operating Profit Qtr Cr 367343325326305321277
Depreciation Qtr Cr 14141110191413
Interest Qtr Cr 4445523
Tax Qtr Cr 101809687818469
Net Profit Qtr Cr 295232279256226246214
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,6621,952
Operating Expenses Annual Cr 2,2651,000
Operating Profit Annual in Cr 1,276880
Depreciation Cr 5448
Interest Annual Cr 1611
Tax Annual Cr 348226
Net Profit Annual Cr 1,006664
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 810524
Cash from Investing Activity Annual Cr -315-242
Cash from Financing Annual Activity Cr -434-258
Net Cash Flow Annual Cr 6123
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,4781,884
Fixed Assets Annual Cr 385362
Total Non Current Assets Annual Cr 736506
Total Current Assets Annual Cr 4,3533,331
Total Assets Annual Cr 5,0893,837
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 31118
ROE Annual % 4135
ROCE Annual % 5044
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3951
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IndicatorMar 2023Mar 2022
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IndicatorMar 2023Mar 2022
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IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
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Irctc Technicals

EMA & SMA

Current Price
₹700.5
3.7 (0.53%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹689.05
  • 50 Day
  • ₹683.00
  • 100 Day
  • ₹672.91
  • 200 Day
  • ₹664.20
  • 20 Day
  • ₹682.85
  • 50 Day
  • ₹685.92
  • 100 Day
  • ₹669.48
  • 200 Day
  • ₹645.24

Irctc Resistance and Support

PIVOT
₹702.27
Resistance
First Resistance 707.73
Second Resistance 714.97
Third Resistance 720.43
RSI 57.21
MFI 75.24
MACD Single Line 3.30
MACD 5.62
Support
First Resistance 695.03
Second Resistance 689.57
Third Resistance 682.33

Irctc Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,631,744 66,558,838 40.79
Week 1,281,036 46,783,435 36.52
1 Month 1,521,399 54,450,862 35.79
6 Month 2,087,858 76,645,258 36.71

Irctc Result Highlights

IRCTC Synopsis

NSE-Leisure-Travel Booking

Irctc is involved in the business activities of Restaurants and mobile food service activities. Company’s Total Operating Revenue is Rs. 3541.47 Cr. and Equity Capital is Rs. 160.00 Cr. for the Year ended 31/03/2023. 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 56,040
Sales 3,880
Shares in Float 30.40
No of funds 482
Yield 1.14
Book Value 22.61
U/D Vol ratio 1.2
LTDebt / Equity
Alpha -0.05
Beta 1.26

IRCTC

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 62.4%62.4%62.4%62.4%
Mutual Funds 1.04%0.89%0.86%0.54%
Insurance Companies 9.31%8.87%8.98%7.97%
Foreign Portfolio Investors 7.11%6.99%6.53%6.84%
Financial Institutions/ Banks 0.01%0.01%0.14%0.14%
Individual Investors 18.68%19.32%19.63%19.98%
Others 1.45%1.52%1.46%2.13%

IRCTC Management

Name Designation
Mrs. Seema Kumar Chairman & Managing Director
Mr. Ajit Kumar Director - Finance & CFO
Mr. Kamlesh Kumar Mishra Director
Dr. Lokiah Ravikumar Director
Mr. Vinay Kumar Sharma Independent Director
Mr. Namgyal Wangchuk Independent Director
Mr. Devendra Pal Bharti Independent Director
Mr. Neeraj Sharma Government Nominee Director
Mr. Manoj Kumar Gangeya Government Nominee Director

Irctc Forecast

Price Estimates

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

Other Analyst Rating

Irctc Corporate Action

Date Purpose Remarks
2023-11-07 Quarterly Results & Interim Dividend
2023-08-09 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-02-09 Quarterly Results & Interim Dividend
2022-11-14 Quarterly Results
Date Purpose Remarks
2023-11-17 INTERIM Rs.2.50 per share(125%)Interim Dividend
2023-02-22 INTERIM Rs.3.50 per share(175%)Interim Dividend
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/-.

IRCTC MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
Kotak Equity Arbitrage Fund Growth 28,958
SBI Arbitrage Opportunities Fund Regular Growth 22,370
Canara Robeco Emerging Equities Growth 17,563
ICICI Prudential Equity Arbitrage Fund Regular Growth 15,356

About Irctc

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.

IRCTC FAQs

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

Indian Railway Catering & Tourism Corporation share price is ₹700 As on 30 November, 2023 | 08:51

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

The Market Cap of Indian Railway Catering & Tourism Corporation is ₹56040 Cr As on 30 November, 2023 | 08:51

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

The P/E ratio of Indian Railway Catering & Tourism Corporation is 52.8 As on 30 November, 2023 | 08:51

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

The PB ratio of Indian Railway Catering & Tourism Corporation is 22.6 As on 30 November, 2023 | 08:51

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