Is Indian Railway Catering And Tourism Corporation a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indian Railway Catering And Tourism Corporation Ltd is a below average quality company .

Is Indian Railway Catering And Tourism Corporation undervalued or overvalued?

The key valuation ratios of Indian Railway Catering And Tourism Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Indian Railway Catering And Tourism Corporation share price return in the past 10 years?

Data is not available for this company

Is Indian Railway Catering And Tourism Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indian Railway Catering And Tourism Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Indian Railway Catering And Tourism Corporation?

Company share prices are keep on changing according to the market conditions. The closing price of Indian Railway Catering And Tourism Corporation on 20-Sep-2024 at 16:01 is 893.50.

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

The latest standalone P/E ratio of Indian Railway Catering And Tourism Corporation as of 20-Sep-2024 is 60.23.

What is the P/B ratio of Indian Railway Catering And Tourism Corporation?

The latest standalone P/B ratio of Indian Railway Catering And Tourism Corporation as of 20-Sep-2024 is 20.21.

What is the 52-week high and low of Indian Railway Catering And Tourism Corporation?

The 52-week high of Indian Railway Catering And Tourism Corporation is Rs. 1148.30 and the 52-week low is Rs. 636.10.

What is the TTM revenue of Indian Railway Catering And Tourism Corporation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Railway Catering And Tourism Corporation is Rs. 4388.54 (Cr.).

Indian Railway Catering And Tourism Corporation Ltd - Stock Valuation and Financial Performance

Name: Indian Railway Catering And Tourism Corporation
Brand: Indian Railway Catering And Tourism Corporation

BSE: 542830 | NSE: IRCTC | Travel Services | Mid Cap

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IRCTC Share Price

₹893.50 9.70 1.10%
as on 20-Sep'24 16:01

10 Year X-Ray of IRCTC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0%	0%	0%	0%	0%	0%	0%	0%	55.3%	53.1%	-
Value Creation Index ⓘ	NA	NA	NA	NA	NA	NA	NA	NA	3.9	3.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	0	0	0	0	0	3,541	4,270	4,270
Sales YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	NA	20.6%	-
Adj EPS ⓘ	0	0	0	0	0	0	0	0	12.6	14.5	13.9
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	NA	15.1%	-
BVPS (₹) ⓘ	0	0	0	0	0	0	0	0	31	40.4	44.2
Adj Net Profit ⓘ	0	0	0	0	0	0	0	0	1,006	1,157	1,111
Cash Flow from Ops. ⓘ	0	0	0	0	0	0	0	0	812	882	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	NA	NA	20.6%
Adj EPS ⓘ	NA	NA	NA	15.1%
BVPSⓘ	NA	NA	NA	30.3%
Share Price	-	-	7.2%	33.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	40.6	40.6	32.8
Op. Profit Mgn % ⓘ	36	34.3	32.4
Net Profit Mgn % ⓘ	28.4	27.1	26
Debt to Equity ⓘ	0	0	-
Working Cap Days ⓘ	0	269	100
Cash Conv. Cycle ⓘ	0	-72	49

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 32.80%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 7.87%

Latest Financials - Indian Railway Catering And Tourism Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14.8	13.9
TTM Sales (₹ Cr.)	4,389	4,270
BVPS (₹.) ⓘ	44.2	44.2
Reserves (₹ Cr.) ⓘ	3,378	3,378
P/BV ⓘ	20.21	20.21
PE ⓘ	60.23	64.33

From the Market
52 Week Low / High (₹)	636.10 / 1148.30
All Time Low / High (₹)	125.00 / 1278.60
Market Cap (₹ Cr.)	71,480
Equity (₹ Cr.)	160
Face Value (₹)	2
Industry PE ⓘ	72.5

Management X-Ray of IRCTC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of IRCTC

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of IRCTC

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'23	Mar'24
Sales	3,541	4,270
Operating Expenses ⓘ	2,265	2,804
Manufacturing Costs	922	1,134
Material Costs	195	245
Employee Cost	246	289
Other Costs ⓘ	902	1,136
Operating Profit ⓘ	1,276	1,466
Operating Profit Margin (%)	36.0%	34.3%
Other Income ⓘ	120	164
Interest ⓘ	16	19
Depreciation ⓘ	54	57
Exceptional Items ⓘ	27	-59
Profit Before Tax ⓘ	1,354	1,496
Tax ⓘ	348	385
Profit After Tax	1,006	1,111
PAT Margin (%)	28.4%	26.0%
Adjusted EPS (₹)	12.6	13.9
Dividend Payout Ratio (%)	44%	47%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	2,478	3,230
Share Capital ⓘ	160	160
Reserves ⓘ	2,318	3,070
Minority Interest	0	0
Debt	0	0
Long Term Debt	0	0
Short Term Debt	0	0
Trade Payables	852	998
Others Liabilities ⓘ	2,001	2,115
Total Liabilities ⓘ	5,331	6,343
Fixed Assets
Gross Block	661	709
Accumulated Depreciation	337	392
Net Fixed Assetsⓘ	324	317
CWIP ⓘ	34	443
Investmentsⓘ	0	0
Inventories	10	11
Trade Receivables	1,143	1,374
Cash Equivalents ⓘ	1,931	2,278
Others Assetsⓘ	1,890	1,921
Total Assets ⓘ	5,331	6,343

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	812	882
PBT ⓘ	1,354	1,496
Adjustment ⓘ	-24	-56
Changes in Working Capital ⓘ	-89	-110
Tax Paid ⓘ	-429	-448
Cash Flow From Investing Activity ⓘ	-317	-200
Capex	-67	-232
Net Investments	-2	0
Others ⓘ	-248	32
Cash Flow From Financing Activityⓘ	-434	-404
Net Proceeds from Shares ⓘ	0	0
Net Proceeds from Borrowing ⓘ	0	0
Interest Paid ⓘ	0	0
Dividend Paid ⓘ	-400	-360
Others ⓘ	-34	-44
Net Cash Flow ⓘ	61	277

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'23	Mar'24
Ratios
ROE (%)	40.59	38.93
ROCE (%)	55.28	53.07
Asset Turnover Ratio	0.66	0.73
PAT to CFO Conversion(x)	0.81	0.79
Working Capital Days
Receivable Days	118	108
Inventory Days	1	1
Payable Days	1,595	1,376

Indian Railway Catering And Tourism Corporation Ltd Stock News

Indian Railway Catering And Tourism Corporation Ltd FAQs

What is the share price of IRCTC?

Company share prices are keep on changing according to the market conditions. The closing price of IRCTC on 20-Sep-2024 16:01 is ₹893.5.

What is the market cap of IRCTC?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2024 16:01 the market cap of IRCTC stood at ₹71,480.

What is the P/E ratio of IRCTC?

The latest P/E ratio of IRCTC as of 20-Sep-2024 16:01 is 60.23.

What is the P/B ratio of IRCTC?

The latest P/B ratio of IRCTC as of 20-Sep-2024 16:01 is 20.21.

What is the 52-week high and low of IRCTC?

The 52-week high of IRCTC is ₹1,148.3 and the 52-week low is ₹636.1.

What is the TTM revenue of IRCTC?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IRCTC is ₹4,389 ( Cr.) .

About Indian Railway Catering And Tourism Corporation Ltd

The company was incorporated as ‘Indian Railway Catering and Tourism Corporation Limited’ (IRCTC) on September 27, 1999, as a public limited company under the Companies Act, 1956, and was granted a certificate of incorporation by the Deputy Registrar of Companies, N.C.T. of Delhi and Haryana. The company received its certificate for commencement of business from the Deputy Registrar of Companies, N.C.T. of Delhi and Haryana on December 2, 1999.

As a Central Public Sector Enterprise wholly owned by the Government of India and under the administrative control of the Ministry of Railways, the company is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. It was incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, managing hospitality services at railway stations, on trains and other locations and to promote international and domestic tourism in India through public-private participation. It was conferred the status of Mini-ratna (Category-I Public Sector Enterprise) by the Government of India, on May 1, 2008.

Business area of the company

The company operates one of the most transacted websites, www.irctc.co.in, in the Asia-Pacific region It has also diversified into other businesses, including non-railway catering and services such as e-catering, executive lounges and budget hotels, which are in line with its objective to build a ‘one stop solution’ for its customers.

Awards and accreditations:

2008: The company’s tourism portal was awarded the National Tourism Award.
2014: Dainik Bhaskar India Pride Award for Excellence in Consumer Industry for the year 2013-2014.
2014: Awarded the most popular website award by Website of the Year India in leisure and travel category.
2015: Awarder the Most Innovative e - Retailer of the year award by Star Retailer Awards 2015, 10th Awards for Excellence in Retailing.
2015: The company’s mobile app - IRCTC connect was awarded Mobillion award under the category ‘Best Use of Mobile App’.
2015: The company’s train, Maharajas’ Express has been conferred with the 'Seven Stars MMXII Luxury Hospitality and Lifestyle Award' at Bali, Indonesia.
2016: Awarded the national award for e-governance 2015-16, Gold for New Next Generation e-Ticketing System in the category of ‘Innovative Use of ICT by Central Government PSUs’ by Government of India.
2016: Awarded ‘One of the giants of tomorrow- Fortune India The Next 500’ by Fortune India.
2017: Certificate of recognition for ranking no. 1 with 97 points in comparative product testing of packaged drinking water for ‘Rail Neer’ by Consumer Voice.
2017: Certificate of honor for excellence in domestic tour operations at Satte Awards by UBM India.
2018: Dainik Bhaskar India Pride Award in the category of India Image Enhancement / Creating a Global Brand.
2019: Certificate of Accreditation for meeting the professional standards of the International Air Transport Association.

Major Events and Milestones:

2002: Commenced internet ticketing services.
2008: Conferred ‘Mini-Ratna Status’ for Category-I Public Sector Enterprise.
2015: The company was awarded with the certificate of approval for conformity with the quality management system of ISO 9001: 2008 with respect to the rail tour package (NDR 01) for Mata Vaishno Devi Darshan.
2017: The ranking of company in the Fortune India Next 500 list of Indian companies.
2019: IRCTC hit capital market on September 30
2019: IRCTC introduces OTP-based refund system for e-tickets
2019: IRCTC signs MoU with Hotel and Restaurant Association of Northern India (HRANI)
2020: IRCTC, SBI Card launch co-branded contactless credit card on RuPay Platform