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- IRCTC
IRCTC
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Recent events
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News
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Corporate Actions
IRCTC Dec-Quarter Consol PAT From Continuing Operations 3.41 Bln Rupees
Feb 11 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
DIVIDEND OF 3 RUPEES PER SHARE
DEC-QUARTER CONSOL PAT FROM CONTINUING OPERATIONS 3.41 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.25 BILLION RUPEES
Source text: [ID:]
Further company coverage: INIR.NS
(([email protected];;))
Feb 11 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
DIVIDEND OF 3 RUPEES PER SHARE
DEC-QUARTER CONSOL PAT FROM CONTINUING OPERATIONS 3.41 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.25 BILLION RUPEES
Source text: [ID:]
Further company coverage: INIR.NS
(([email protected];;))
India's IRCTC rises; Macquarie starts with 'outperform'
** Indian Railway Catering and Tourism Corporation INIR.NS rises as much as 4.8% to 800.8 rupees; last up 3.4%
** Macquarie initiates with "outperform"; sets PT at 900 rupees, ~18% higher than Thursday's close
** Says IRCTC enjoys monopoly position for Indian railways' e-ticketing and catering services
** Sees path to double returns for IRCTC linked to India's railway modernisation ambitions
** About 4.7 mln shares traded, 4.4x the 30-day avg
** Stock rated "hold" on avg; median PT is 833 rupees - LSEG
** YTD, IRCTC turns positive
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Indian Railway Catering and Tourism Corporation INIR.NS rises as much as 4.8% to 800.8 rupees; last up 3.4%
** Macquarie initiates with "outperform"; sets PT at 900 rupees, ~18% higher than Thursday's close
** Says IRCTC enjoys monopoly position for Indian railways' e-ticketing and catering services
** Sees path to double returns for IRCTC linked to India's railway modernisation ambitions
** About 4.7 mln shares traded, 4.4x the 30-day avg
** Stock rated "hold" on avg; median PT is 833 rupees - LSEG
** YTD, IRCTC turns positive
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Irctc Gets Tax Order For Penalty Of 9.6 Mln Rupees
Nov 7 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS TAX ORDER FOR PENALTY OF 9.6 MILLION RUPEES
Source text: ID:nNSE8bv662
Further company coverage: INIR.NS
(([email protected];;))
Nov 7 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS TAX ORDER FOR PENALTY OF 9.6 MILLION RUPEES
Source text: ID:nNSE8bv662
Further company coverage: INIR.NS
(([email protected];;))
IRCTC Sept-Quarter Consol PAT 3.08 Bln Rupees
Nov 4 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
DIVIDEND OF 4 RUPEES PER SHARE
SEPT-QUARTER CONSOL PAT 3.08 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.64 BILLION RUPEES
Source text: ID:nNSEc7Jp8j
Further company coverage: INIR.NS
(([email protected];;))
Nov 4 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
DIVIDEND OF 4 RUPEES PER SHARE
SEPT-QUARTER CONSOL PAT 3.08 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.64 BILLION RUPEES
Source text: ID:nNSEc7Jp8j
Further company coverage: INIR.NS
(([email protected];;))
Dynamic Services & Security Says Mehai Technology Starts Operations Of Rail Neer Plant
Oct 16 (Reuters) - Dynamic Services & Security Ltd DYNS.NS:
DYNAMIC SERVICES & SECURITY - MEHAI TECHNOLOGY STARTS OPERATIONS OF RAIL NEER PLANT IN ANDHRA PRADESH
DYNAMIC SERVICES & SECURITY - PLANT GRANTED OPERATIONAL APPROVAL BY IRCTC
Source text for Eikon: ID:nNSE1Cqh6m
Further company coverage: DYNS.NS
(([email protected];))
Oct 16 (Reuters) - Dynamic Services & Security Ltd DYNS.NS:
DYNAMIC SERVICES & SECURITY - MEHAI TECHNOLOGY STARTS OPERATIONS OF RAIL NEER PLANT IN ANDHRA PRADESH
DYNAMIC SERVICES & SECURITY - PLANT GRANTED OPERATIONAL APPROVAL BY IRCTC
Source text for Eikon: ID:nNSE1Cqh6m
Further company coverage: DYNS.NS
(([email protected];))
IRCTC Gets Demand Cum Show Cause Notice From Deputy Commissioner Of State Tax
Aug 29 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS DEMAND CUM SHOW CAUSE NOTICE FROM DEPUTY COMMISSIONER OF STATE TAX
GETS TOTAL TAX DEMAND OF 236.5 MILLION RUPEES ON ACCOUNT OF DISCREPANCIES
Source text for Eikon: ID:nBSE6k6W5L
Further company coverage: INIR.NS
(([email protected];;))
Aug 29 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS DEMAND CUM SHOW CAUSE NOTICE FROM DEPUTY COMMISSIONER OF STATE TAX
GETS TOTAL TAX DEMAND OF 236.5 MILLION RUPEES ON ACCOUNT OF DISCREPANCIES
Source text for Eikon: ID:nBSE6k6W5L
Further company coverage: INIR.NS
(([email protected];;))
IRCTC Gets Total Tax Demand Order Of 2.4 Mln Rupees
July 26 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS TOTAL TAX DEMAND ORDER OF 2.4 MILLION RUPEES
Source text for Eikon: ID:nNSE5Sq3cl
Further company coverage: INIR.NS
(([email protected];;))
July 26 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
GETS TOTAL TAX DEMAND ORDER OF 2.4 MILLION RUPEES
Source text for Eikon: ID:nNSE5Sq3cl
Further company coverage: INIR.NS
(([email protected];;))
IRCTC Says Co, Delhi Metro Rail Corporation, Centre For Railway Information Systems Joined Hands
July 10 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
CO, DELHI METRO RAIL CORPORATION, CENTRE FOR RAILWAY INFORMATION SYSTEMS JOINED HANDS
Source text for Eikon: ID:nBSE8PWd4Q
Further company coverage: INIR.NS
(([email protected];;))
July 10 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
CO, DELHI METRO RAIL CORPORATION, CENTRE FOR RAILWAY INFORMATION SYSTEMS JOINED HANDS
Source text for Eikon: ID:nBSE8PWd4Q
Further company coverage: INIR.NS
(([email protected];;))
Irctc Approves Additional Cost Of 500.7 Million Rupees For Ict Infrastructure
April 24 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - APPROVES ADDITIONAL COST OF 500.7 MILLION RUPEES FOR ICT INFRASTRUCTURE FOR EXTENDING DURATION OF ICT REFRESH PROJECT
Source text for Eikon: ID:nNSE3cR28B
Further company coverage: INIR.NS
(([email protected];))
April 24 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - APPROVES ADDITIONAL COST OF 500.7 MILLION RUPEES FOR ICT INFRASTRUCTURE FOR EXTENDING DURATION OF ICT REFRESH PROJECT
Source text for Eikon: ID:nNSE3cR28B
Further company coverage: INIR.NS
(([email protected];))
IRCTC Receives Demand Cum Show Cause Notice For 39.3 Million Rupees
April 10 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RECEIVED A DEMAND CUM SHOW CAUSE NOTICE FOR 39.3 MILLION RUPEES
Source text for Eikon: ID:nNSE3g614m
Further company coverage: INIR.NS
(([email protected];))
April 10 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RECEIVED A DEMAND CUM SHOW CAUSE NOTICE FOR 39.3 MILLION RUPEES
Source text for Eikon: ID:nNSE3g614m
Further company coverage: INIR.NS
(([email protected];))
IRCTC Approves Total Project Cost Of 1.87 Billion Rupees
March 18 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
APPROVED TOTAL PROJECT COST OF 1.87 BILLION RUPEES
APPROVED PROJECT COST FOR PROCUREMENT OF ICT INFRASTRUCTURE FOR SETTING UP DISASTER RECOVERY SITE
PROJECT FOR 5 YEARS INCLUDES CAPEX OF 927.7 MILLION RUPEES
Source text for Eikon: ID:nBSEbnW8g1
Further company coverage: INIR.NS
(([email protected];))
March 18 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
APPROVED TOTAL PROJECT COST OF 1.87 BILLION RUPEES
APPROVED PROJECT COST FOR PROCUREMENT OF ICT INFRASTRUCTURE FOR SETTING UP DISASTER RECOVERY SITE
PROJECT FOR 5 YEARS INCLUDES CAPEX OF 927.7 MILLION RUPEES
Source text for Eikon: ID:nBSEbnW8g1
Further company coverage: INIR.NS
(([email protected];))
India's IRCTC up on meals delivery deal with Swiggy
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS are up ~3% at 962.50 rupees
** IRCTC partners with food delivery firm Swiggy Foods for delivery of pre-ordered meals at four railway stations
** Session's gains help IRCTC turn green for the week
** Stock up ~2.5% so far this week
** IRCTC is up ~8.5% in 2024, it had risen ~39% in 2023
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS are up ~3% at 962.50 rupees
** IRCTC partners with food delivery firm Swiggy Foods for delivery of pre-ordered meals at four railway stations
** Session's gains help IRCTC turn green for the week
** Stock up ~2.5% so far this week
** IRCTC is up ~8.5% in 2024, it had risen ~39% in 2023
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
Irctc Says Rail Neer Plant At Vishakhapatnam Has Commenced Commercial Production On Feb 15
Feb 16 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAIL NEER PLANT AT VISHAKHAPATNAM HAS COMMENCED COMMERCIAL PRODUCTION ON FEB 15
PRODUCTION CAPACITY OF PLANT IS 72,000 LITRES PER DAY
Source text for Eikon: ID:nBSE4pHjX8
Further company coverage: INIR.NS
(([email protected];))
Feb 16 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAIL NEER PLANT AT VISHAKHAPATNAM HAS COMMENCED COMMERCIAL PRODUCTION ON FEB 15
PRODUCTION CAPACITY OF PLANT IS 72,000 LITRES PER DAY
Source text for Eikon: ID:nBSE4pHjX8
Further company coverage: INIR.NS
(([email protected];))
India's IRCTC extends post results rally
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS rise as much as 4.2% to 968 rupees, heads for third straight session of gains
** IRCTC up 7.5% in three sessions after reporting Q3 profit rise
** IRCTC to benefit from increased capacity due to dedicated freight corridor, increase in Vande Bharat Express (currently at 41 vs potential of 451), catering and tourism rev to grow at CAGR of 20%-25% over FY23-FY26, IDBI Capital Markets says
** Avg rating of five analysts covering IRCTC is "hold"; median PT is 762.50 rupees - LSEG data
** IRCTC up 8.5% YTD after rising ~39% in 2023
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS rise as much as 4.2% to 968 rupees, heads for third straight session of gains
** IRCTC up 7.5% in three sessions after reporting Q3 profit rise
** IRCTC to benefit from increased capacity due to dedicated freight corridor, increase in Vande Bharat Express (currently at 41 vs potential of 451), catering and tourism rev to grow at CAGR of 20%-25% over FY23-FY26, IDBI Capital Markets says
** Avg rating of five analysts covering IRCTC is "hold"; median PT is 762.50 rupees - LSEG data
** IRCTC up 8.5% YTD after rising ~39% in 2023
(Reporting by Kashish Tandon in Bengaluru)
IRCTC Signs MoU With Government Of Uttarakhand
Feb 8 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
SIGNED A MOU WITH GOVERNMENT OF UTTARAKHAND THROUGH UTTARAKHAND TOURISM DEVELOPMENT BOARD
Source text for Eikon: ID:nNSE1J23J6
Further company coverage: INIR.NS
(([email protected];))
Feb 8 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
SIGNED A MOU WITH GOVERNMENT OF UTTARAKHAND THROUGH UTTARAKHAND TOURISM DEVELOPMENT BOARD
Source text for Eikon: ID:nNSE1J23J6
Further company coverage: INIR.NS
(([email protected];))
Irctc- Got Order For Total Tax Demand Of 35.7 Million Rupees
Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC- GOT ORDER FOR TOTAL TAX DEMAND OF 35.7 MILLION RUPEES
Source text for Eikon: ID:nBSE7Ry1d0
Further company coverage: INIR.NS
Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC- GOT ORDER FOR TOTAL TAX DEMAND OF 35.7 MILLION RUPEES
Source text for Eikon: ID:nBSE7Ry1d0
Further company coverage: INIR.NS
India's IRCTC rises to 20-month high on expansion plan
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS up 2% at 793.8 rupees, highest price since April 12, 2022
** Co said on Wednesday it signed agreements with government and autonomous bodies to expand its hospitality and catering business with plans to establish 15 more units
** Stock on track to rise for fourth straight session, if trend holds
** Mean rating of six analysts is "hold"; median PT is 704.5 rupees, 11% lower than current price - LSEG data
** Stock up 24% YTD; peers Ircon International IRCN.NS and Rail Vikas Nigam RAIV.NS have nearly tripled in comparison during the period
(Reporting by Varun Vyas in Bengaluru)
** Shares of Indian Railway Catering and Tourism Corporation (IRCTC) INIR.NS up 2% at 793.8 rupees, highest price since April 12, 2022
** Co said on Wednesday it signed agreements with government and autonomous bodies to expand its hospitality and catering business with plans to establish 15 more units
** Stock on track to rise for fourth straight session, if trend holds
** Mean rating of six analysts is "hold"; median PT is 704.5 rupees, 11% lower than current price - LSEG data
** Stock up 24% YTD; peers Ircon International IRCN.NS and Rail Vikas Nigam RAIV.NS have nearly tripled in comparison during the period
(Reporting by Varun Vyas in Bengaluru)
IRCTC Says It Eyes Major Expansion In Non-Railway Catering Business Pan India
Dec 13 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - EYES MAJOR EXPANSION IN NON-RAILWAY CATERING BUSINESS PAN INDIA
IRCTC - 15 MORE CATERING UNITS ACROSS COUNTRY IN NEAR FUTURE.
IRCTC - IN DISCUSSIONS WITH VARIOUS GOVERNMENT ORGANIZATIONS, INDUSTRIAL HOUSES FOR SETTING UP CATERING UNITS
Source text for Eikon: ID:nBSE1d9YYD
Further company coverage: INIR.NS
(([email protected];))
Dec 13 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - EYES MAJOR EXPANSION IN NON-RAILWAY CATERING BUSINESS PAN INDIA
IRCTC - 15 MORE CATERING UNITS ACROSS COUNTRY IN NEAR FUTURE.
IRCTC - IN DISCUSSIONS WITH VARIOUS GOVERNMENT ORGANIZATIONS, INDUSTRIAL HOUSES FOR SETTING UP CATERING UNITS
Source text for Eikon: ID:nBSE1d9YYD
Further company coverage: INIR.NS
(([email protected];))
IRCTC Says E-Ticket Booking/Cancellation Was Temporarily Affected
Nov 23 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC'S E-TICKET BOOKING/CANCELLATION WAS TEMPORARILY AFFECTED
AFFECTED DUE TO TECHNICAL REASONS
ISSUE RESOLVED NOW AND BOOKINGS/CANCELLATIONS ARE AVAILABLE FROM 1.53 PM ONWARDS
Source text for Eikon: ID:nNSE6drdVV
Further company coverage: INIR.NS
(([email protected];))
Nov 23 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC'S E-TICKET BOOKING/CANCELLATION WAS TEMPORARILY AFFECTED
AFFECTED DUE TO TECHNICAL REASONS
ISSUE RESOLVED NOW AND BOOKINGS/CANCELLATIONS ARE AVAILABLE FROM 1.53 PM ONWARDS
Source text for Eikon: ID:nNSE6drdVV
Further company coverage: INIR.NS
(([email protected];))
IRCTC Says Rail Neer Plant Started Commercial Production In Orissa
Nov 20 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAIL NEER PLANT ON PPP MODEL AT BHUBANESWAR COMMENCED COMMERCIAL PRODUCTION W.E.F. 17-11-2023
Source text for Eikon: ID:nBSE1CV0Kw
Further company coverage: INIR.NS
(([email protected];;))
Nov 20 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAIL NEER PLANT ON PPP MODEL AT BHUBANESWAR COMMENCED COMMERCIAL PRODUCTION W.E.F. 17-11-2023
Source text for Eikon: ID:nBSE1CV0Kw
Further company coverage: INIR.NS
(([email protected];;))
IRCTC Tied Up With Zomato For Supply And Delivery Of Preordered Meals
Oct 17 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
TIED UP WITH ZOMATO FOR SUPPLY AND DELIVERY OF PREORDERED MEALS
Source text for Eikon: ID:nBSE4XVjqj
Further company coverage: INIR.NS
(([email protected];))
Oct 17 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
TIED UP WITH ZOMATO FOR SUPPLY AND DELIVERY OF PREORDERED MEALS
Source text for Eikon: ID:nBSE4XVjqj
Further company coverage: INIR.NS
(([email protected];))
IRCTC Signed A MoU With NBCC Services
Sept 12 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - SIGNED A MOU WITH NBCC SERVICES
IRCTC - MOU FOR TENTATIVE COST OF 314 MILLION RUPEES
Source text for Eikon: ID:nBSE1dp9np
Further company coverage: INIR.NS
(([email protected];))
Sept 12 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
IRCTC - SIGNED A MOU WITH NBCC SERVICES
IRCTC - MOU FOR TENTATIVE COST OF 314 MILLION RUPEES
Source text for Eikon: ID:nBSE1dp9np
Further company coverage: INIR.NS
(([email protected];))
IRCTC Says Signed MoU With Delhi Metro Rail Corporation For Providing QR Code Based Tickets Through IRCTC Platform
Aug 14 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
CO SIGNED MOU WITH DELHI METRO RAIL CORPORATION FOR PROVIDING QR CODE BASED DMRC TICKETS THROUGH IRCTC PLATFORM
Source text for Eikon: ID:nBSE1qr7Hp
Further company coverage: INIR.NS
(([email protected];))
Aug 14 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
CO SIGNED MOU WITH DELHI METRO RAIL CORPORATION FOR PROVIDING QR CODE BASED DMRC TICKETS THROUGH IRCTC PLATFORM
Source text for Eikon: ID:nBSE1qr7Hp
Further company coverage: INIR.NS
(([email protected];))
India's IRCTC June-Quarter PAT From Cont Ops falls
Aug 9 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
INDIA'S IRCTC JUNE-QUARTER PAT FROM CONTINUING OPERATIONS 2.32 BILLION RUPEES VERSUS PROFIT 2.46 BILLION RUPEES
IRCTC - ACCORDED INVESTMENT APPROVAL FOR UP TO 780 MILLION RUPEES
IRCTC JUNE-QUARTER REVENUE FROM OPERATIONS 10.02 BILLION RUPEES VERSUS 8.53 BILLION RUPEES
Source text for Eikon: ID:nBSE5kpy6n
Further company coverage: INIR.NS
(([email protected];))
Aug 9 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
INDIA'S IRCTC JUNE-QUARTER PAT FROM CONTINUING OPERATIONS 2.32 BILLION RUPEES VERSUS PROFIT 2.46 BILLION RUPEES
IRCTC - ACCORDED INVESTMENT APPROVAL FOR UP TO 780 MILLION RUPEES
IRCTC JUNE-QUARTER REVENUE FROM OPERATIONS 10.02 BILLION RUPEES VERSUS 8.53 BILLION RUPEES
Source text for Eikon: ID:nBSE5kpy6n
Further company coverage: INIR.NS
(([email protected];))
IRCTC Says Rajni Hasija Ceases To Be MD, Chairman
June 1 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAJNI HASIJA CEASES TO BE MD, CHAIRMAN
Source text for Eikon: ID:nNSE8gxVJ2
Further company coverage: INIR.NS
(([email protected];))
June 1 (Reuters) - Indian Railway Catering and Tourism Corporation Ltd INIR.NS:
RAJNI HASIJA CEASES TO BE MD, CHAIRMAN
Source text for Eikon: ID:nNSE8gxVJ2
Further company coverage: INIR.NS
(([email protected];))
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Popular questions
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What does IRCTC do?
Indian Railway Catering and Tourism Corporation Limited (IRCTC) is the authorized entity in India for catering, online ticketing, and hospitality services with a focus on modernization, hospitality management, and tourism promotion.
Who are the competitors of IRCTC?
IRCTC major competitors are Thomas Cook (India), Mahindra Holi.&Resor, Ind Tourism Dev Corp, Easy Trip Planners, Delta Corp, Yatra Online, Dreamfolks Services. Market Cap of IRCTC is ₹62,756 Crs. While the median market cap of its peers are ₹4,459 Crs.
Is IRCTC financially stable compared to its competitors?
IRCTC seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does IRCTC pay decent dividends?
The company seems to pay a good stable dividend. IRCTC latest dividend payout ratio is 46.8% and 3yr average dividend payout ratio is 44.33%
How has IRCTC allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress
How strong is IRCTC balance sheet?
Balance sheet of IRCTC is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of IRCTC improving?
Yes, profit is increasing. The profit of IRCTC is ₹1,241 Crs for TTM, ₹1,111 Crs for Mar 2024 and ₹1,006 Crs for Mar 2023.
Is the debt of IRCTC increasing or decreasing?
Yes, The debt of IRCTC is increasing. Latest debt of IRCTC is -₹2,420.58 Crs as of Sep-24. This is greater than Mar-24 when it was -₹4,555.21 Crs.
Is IRCTC stock expensive?
IRCTC is not expensive. Latest PE of IRCTC is 50.57, while 3 year average PE is 89.0. Also latest EV/EBITDA of IRCTC is 39.52 while 3yr average is 63.66.
Has the share price of IRCTC grown faster than its competition?
IRCTC has given better returns compared to its competitors. IRCTC has grown at ~-22.76% over the last 1yrs while peers have grown at a median rate of -29.13%
Is the promoter bullish about IRCTC?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in IRCTC is 62.4% and last quarter promoter holding is 62.4%.
Are mutual funds buying/selling IRCTC?
The mutual fund holding of IRCTC is decreasing. The current mutual fund holding in IRCTC is 2.89% while previous quarter holding is 2.99%.