Indian Railway Catering and Tourism Corporation Ltd
- P/E
- 25.6x
- 52-week range
- 436.9 – 735.75
- ROE
- 35%
- ROCE
- 46%
- Sector
- Leisure Services
- Industry
- Tour, Travel Related Services
- Listed on
- NSE, BSE
About
Indian Railway Catering and Tourism Corporation Limited is engaged in providing online railway tickets, catering services to railways and packaged drinking water at railway stations and trains in India. The Company's segments include Catering, Rail Neer, Internet Ticketing, and Tourism. Its catering services include mobile catering services, e-catering services, and static catering services. It offers static catering through food plaza, fast food units, refreshment rooms, base kitchens, and other facilities on station premises, retiring rooms, and dormitories. Rail Neer is the Company's branded bottled drinking water. The Company operates approximately 19 Rail Neer plants. It provides customers with multi-modal transport ticket booking facilities, covering railway, roadways and air travel. Its comprehensive range of tourism and hospitality offerings includes luxury train tours, hotel bookings, domestic air packages, rail tour packages, outbound tour packages, and holiday packages.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tour, Travel Related Services: 22 companies →Indian Railway Catering and Tourism Corporation Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)25.6 against a typical 22.2: pricier than most peers (1st = cheapest).12th of 22
- Sales growth+18.1% against a typical +18.1% from a year earlier.8th of 15
- Profit growth0% against a typical −13.5% from a year earlier.5th of 13
- Share price, 3 months−10.7% against a typical −10.1%.12th of 22
Latest announcements
Exchange filings and their impact on the company.
- IRCTC tied up with QCI for digital third-party food safety audits, a small positive for catering quality and brand.
IRCTC announced on October 15, 2026 that it has partnered with the Quality Council of India (QCI) for digital, third-party food safety and hygiene audits. No financial terms, coverage or tenure were disclosed in the headline. The tie-up should strengthen hygiene credibility for IRCTC's catering business and support customer trust, with only a small near-term financial impact.
- GSTAT ordered IRCTC to deposit ~Rs 117 cr including interest within 30 days; IRCTC will appeal.
IRCTC lost its anti-profiteering case before the GSTAT, which on 14 October 2026 accepted the DGAP report and ordered IRCTC to deposit Rs 50.41 crore plus 18% interest from June 2019 into consumer welfare funds within one month. With over 7 years of interest, the total payout is about Rs 117 crore, with an extra 10% penalty if not paid in 30 days. IRCTC said it will appeal the order before the competent court.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the un-audited financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and final dividend. |
| 12 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 12 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 992 | 1,118 | 1,155 | 1,118 | 1,064 | 1,225 | 1,269 | 1,160 | 1,146 | 1,449 | 1,460 | 1,370 |
| Expenses | 626 | 724 | 792 | 743 | 691 | 808 | 883 | 762 | 742 | 984 | 1,061 | 983 |
| Operating Profit | 367 | 394 | 363 | 375 | 373 | 417 | 385 | 397 | 404 | 465 | 399 | 387 |
| OPM % | 37% | 35% | 31% | 34% | 35% | 34% | 30% | 34% | 35% | 32% | 27% | 28% |
| Other Income | 47 | 31 | 41 | 54 | 60 | 56 | 107 | 61 | 69 | 81 | 67 | 71 |
| Interest | 4 | 5 | 5 | 3 | 3 | 3 | 8 | 4 | 4 | 5 | 5 | 4 |
| Depreciation | 14 | 14 | 16 | 14 | 13 | 13 | 12 | 12 | 11 | 12 | 14 | 12 |
| Profit before tax | 395 | 406 | 382 | 412 | 417 | 457 | 472 | 442 | 457 | 529 | 447 | 441 |
| Tax % | 25% | 26% | 26% | 25% | 26% | 25% | 24% | 25% | 25% | 25% | 27% | 25% |
| Net Profit | 295 | 300 | 284 | 308 | 308 | 341 | 358 | 330 | 342 | 394 | 327 | 330 |
| EPS in Rs | 3.68 | 3.75 | 3.55 | 3.85 | 3.85 | 4.27 | 4.47 | 4.13 | 4.27 | 4.93 | 4.08 | 4.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 46%
- 3 Years
- 14%
- TTM
- 15%
- 10 Years
- 22%
- 5 Years
- 54%
- 3 Years
- 12%
- TTM
- 6%
- 10 Years
- —
- 5 Years
- −2%
- 3 Years
- −9%
- TTM
- —
- 10 Years
- 36%
- 5 Years
- 39%
- 3 Years
- 37%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indian Railway Catering and Tourism Corporation Ltd | ₹ 442.90 | — | 25.6x | — | 35% | — |
| Le Travenues Technology | ₹ 145.60 | ₹ 6,425 Cr. | 89.5x | 3.4x | 0% | 0% |
| Thomas Cook (India) | ₹ 88.37 | ₹ 4,171 Cr. | 22.9x | 2x | 0% | 0% |
| Easy Trip Planners | ₹ 5.59 | ₹ 2,224 Cr. | — | 2.7x | 0% | 0% |
| Yatra Online | ₹ 76.85 | ₹ 1,204 Cr. | 35.9x | 2.2x | 0% | 0% |
| Kaya | ₹ 280.60 | ₹ 426 Cr. | — | — | 0% | 0% |
Management
- Rahul Himalian
- Executive Chairman of the Board, Managing Director, Director - Tourism and Marketing
- Rajneesh Narain
- Chief Financial Officer, Executive Director
- Suman Kalra
- Compliance Officer, Company Secretary
- Naveen Dixit
- Group General Manager - IT Projects, North Zone
- Rashmi Gautam
- Group General Manager - Static Catering Services & PR
- Anil Gupta
- Group General Manager - HR, Mobile Catering Services
- Vivek Rawat
- Group General Manager
- Jagtosh Shukla
- Group General Manager - (IT-2)
Prices are delayed and for information only. Nothing on this page is investment advice.