Indian Rail Tour Corp Ltd
NSE: IRCTC · Tour, Travel Related Services · sector
₹438.65NSE close 2026-10-26
Key numbers
Market cap₹35,092 cr
Price₹438.65
52w high / low₹736 / ₹439
P/E25.2xSector median 21.1x
P/B8.2xSector median 2.7x
Book value₹53.9
Dividend yield2.17%Sector median 2.09%
ROE35.0%Sector median 16.5%
ROCE43.9%Sector median 17.0%
OPM30.8%Sector median 6.7%
Debt / equity0.00xSector median 0.09x
EV/EBITDA19.3xSector median 12.8x
Interest cover104.7x
Current ratio2.15x
Sales growth 3y+13.8%Sector median +13.8%
Profit growth 3y+11.5%Sector median +93.0%
PEG2.19x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 18 companies in Tour, Travel Related Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,868 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 104.7x in the last 12 months.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 19% of net profit in the last 12 months.
- Debtor days went from 117 (FY24) to 132 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹438.65 on 2026-10-26: -40.4% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹928.55 · low ₹438.65
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,064 | 1,225 | 1,269 | 1,160 | 1,146 | 1,449 | 1,460 | 1,370 |
| EBITDA | 373 | 417 | 431 | 397 | 410 | 476 | 399 | 387 |
| OPM % | 35.0% | 34.0% | 34.0% | 34.3% | 35.8% | 32.9% | 27.3% | 28.2% |
| Other income | 60 | 57 | 61 | 61 | 63 | 70 | 67 | 72 |
| Net profit | 308 | 341 | 358 | 331 | 342 | 394 | 326 | 330 |
| EPS (₹) | 3.85 | 4.26 | 4.48 | 4.13 | 4.28 | 4.93 | 4.08 | 4.13 |
| Revenue YoY | +7.7% | +18.4% | +15.1% | +18.1% | ||||
| Profit YoY | +11.1% | +15.6% | -8.9% | -0.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,879 | 3,541 | 4,270 | 4,675 | 5,215 | 5,425 |
| EBITDA | 876 | 1,303 | 1,407 | 1,598 | 1,683 | 1,672 |
| Net profit | 664 | 1,006 | 1,111 | 1,315 | 1,393 | 1,393 |
| EPS (₹) | 8.30 | 12.57 | 13.89 | 16.44 | 17.42 | 17.42 |
| Revenue growth | +88.4% | +20.6% | +9.5% | +11.6% | +15.0% | |
| Profit growth | +51.6% | +10.5% | +18.3% | +6.0% | +4.1% | |
| Dividend / share (₹) | 7.00 | 5.00 | 4.50 | 11.00 | 9.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.8% | – | +15.0% |
| Net profit | +11.5% | – | +4.1% |
| EPS | +11.5% | – | – |
| Share price | – | -27.6% (2y) | -37.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,478 | 3,230 | 3,663 | 4,309 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 1,934 | 2,278 | 2,162 | 2,868 |
| Total assets | – | 5,089 | 6,091 | 6,800 | 7,580 |
| Fixed assets | – | 224 | 226 | 669 | 663 |
| Capital work in progress | – | 34 | 443 | 27 | 42 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 1,143 | 1,374 | 1,734 | 1,882 |
| Inventory | – | 10 | 11 | 11 | 14 |
| Payables | – | 852 | 998 | 1,034 | 767 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 331 | 669 | 882 | 810 | 1,273 |
| Cash from investing | -49 | -174 | -200 | -229 | -446 |
| Cash from financing | -258 | -434 | -404 | -910 | -787 |
| Capex | 22 | 239 | 232 | 48 | 78 |
| Free cash flow | 309 | 430 | 650 | 762 | 1,195 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 40.6% | 34.4% | 35.9% | 32.3% |
| ROCE % | – | 55.3% | 46.9% | 48.4% | 43.9% |
| Debtor days | – | 118 | 117 | 135 | 132 |
| Inventory days | – | 18 | 16 | 15 | 20 |
| Payable days | – | 1,595 | 1,484 | 1,371 | 1,118 |
| Cash conversion cycle (days) | – | -1,459 | -1,351 | -1,221 | -966 |
| Working capital days | – | 202 | 215 | 225 | 241 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 62.40% |
| FIIs | 3.46% |
| DIIs | 14.56% |
| of which Mutual funds | 3.38% |
| of which Insurance | 11.15% |
| Government | 0.00% |
| Public (non-institutions) | 19.58% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.40% | 62.40% | 62.40% | 62.40% | 62.40% | 62.40% | 62.40% | 62.40% |
| Promoter group | % |
|---|---|
| The President of India | 62.40% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 10.73% |
| ICICI Prudential Large & MID CAP Fund | 2.69% |
19,43,220 shareholders. Pledged: – of promoter shares.
Peers in Tour, Travel Related Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IRCTC | ₹35,092 cr | 25.2x | 8.2x | 35.0% | 43.9% | 30.8% | +13.8% | 2.17% |
| TBOTEK | ₹16,449 cr | 61.2x | 10.6x | 19.3% | 17.0% | 13.8% | – | – |
| BLS | ₹8,611 cr | 12.2x | 3.5x | 33.6% | 31.8% | 27.3% | +25.5% | 1.51% |
| CORDELIA | ₹6,467 cr | – | 8.9x | – | – | – | – | – |
| IXIGO | ₹6,402 cr | 42.7x | 2.9x | 10.5% | 9.1% | 10.1% | – | – |
| THOMASCOOK | ₹4,206 cr | 19.1x | 1.6x | 9.1% | 14.1% | 4.8% | +18.5% | 0.67% |
| EASEMYTRIP | ₹2,196 cr | – | 2.7x | -6.9% | -6.9% | -14.3% | +6.1% | – |
| YATRA | ₹1,194 cr | 30.4x | 1.4x | 3.9% | 5.2% | 6.7% | – | – |
| MACHLTD | ₹453 cr | 29.0x | 4.5x | 16.6% | 20.7% | 8.5% | – | – |
| ITHL | ₹210 cr | 12.8x | 1.1x | 9.1% | 12.0% | 10.9% | +8.0% | 2.09% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Catering | ₹2,399 cr | 45.8% | ₹249 cr | 10.4% |
| Internet Ticketing | ₹1,536 cr | 29.3% | ₹1,267 cr | 82.5% |
| Tourism | ₹890 cr | 17.0% | ₹127 cr | 14.3% |
| Railneer | ₹408 cr | 7.8% | ₹56 cr | 13.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-22 | Dividend | Dividend - Re 0.50 Per Share |
| 2026-02-20 | Dividend | Interim Dividend - Rs 3.50 Per Share |
| 2025-11-21 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2025-08-22 | Dividend | Dividend - Re 1 Per Share |
| 2025-02-20 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2024-11-14 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2024-08-23 | Dividend | Dividend - Rs 4 Per Share |
| 2024-08-23 | Other | Annual General Meeting |
| 2023-11-17 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2023-08-18 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-02-22 | Dividend | Interim Dividend - Rs 3.50 Per Share |
| 2022-08-18 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2022-02-17 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2021-10-28 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2021-09-21 | Dividend | Dividend - Rs 5 Per Share |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-10-19 | Other | Annual General Meeting |
| 2020-10-19 | Dividend | Dividend - Rs 2.50 Per Share |
| 2020-02-24 | Dividend | Interim Dividend - Rs 10 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Catering & Hospitality: Catering services offer a variety of options, including Mobile Catering, E-catering, & other catering services also, IRCTC manages executive lounges.
- Internet Ticketing: Internet Ticketing service offer a one- stop platform for seamless travel planning and bookings which allows users to conveniently book e-tickets for train, bus, flight, and hotel reservations.
- RailNeer: RailNeer service delivers packaged drinking water, ensuring passengers have access to high-quality and safe drinking water during their train journeys.
- Travel & Tourism: Tourism service offers wide range of tourism activities, corporate travel planning, domestic and international tour packages, and air ticketing services are all provided by the tourism service.
| Sector | Consumer Discretionary |
| Industry | Tour, Travel Related Services |
| Sub-industry | Tour, Travel Related Services |
| Symbol | IRCTC |
| BSE code | 542830 |
| ISIN | INE335Y01020 |
| Face value | ₹2.0 |
| Incorporated | 1999-09-27 |
| Website | www.irctc.com |
| Plants (India / abroad) | 19 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.