More about Indian Railway Catering & Tourism Corporation Limited
Fundamentals for Indian Railway Catering & Tourism Corporation Limited
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Fundamentals for Indian Railway Catering & Tourism Corporation Limited
Business Operations:
Sector: IndustrialsIndustry: Railroads
Indian Railway Catering & Tourism Corporation Limited engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. The company operates through four segments: Catering & Hospitality, Travel & Tourism, Internet Ticketing, and Packaged Drinking Water. It provides mobile catering services for Vande Bharat, Rajdhani, Shatabdi, Duronto, Gatiman, Tejas, and mail/express trains as well as engages in the side vending and e-catering activities; and operates and maintains food plazas, fast food units, food courts, refreshment rooms, mini stores, base kitchens, executive lounges, retiring rooms, Rail Yatri Niwas/BNR hotels, and non-railway catering units. The company also offers tourism products and services comprising domestic tour packages, inbound tourist targeted tours, mass tourism, outbound tour packages, and air ticket and corporate travel; and other tourism activities, such as event management, booking of charter trains and coaches, hill and heritage charters, saloon tours and charters, online reservation and accommodation facilities, and adventure tourism. In addition, it offers packaged drinking water under the Rail Neer name; and train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal. The company was incorporated in 1999 and is based in New Delhi, India.
Revenue projections:
IRCTC's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 24.87037 |
| debtToEquity | 1.83600 |
| earningsGrowth | 0.15700 |
| revenueGrowth | 0.18400 |
| grossMargins | 0.37067 |
| operatingMargins | 0.31262 |
| trailingEps | 17.80000 |
| forwardEps | 21.60000 |
Indian Railway Catering & Tourism Corporation Limited's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
IRCTC's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as IRCTC's increasing profits and sales signal further growth in the near future.
Indian Railway Catering & Tourism Corporation Limited's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
Indian Railway Catering & Tourism Corporation Limited's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that Indian Railway Catering & Tourism Corporation Limited's financial performance will improve in the current financial year.
Price projections:
The price of Indian Railway Catering & Tourism Corporation Limited has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Recommendation changes over time:
IRCTC has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view IRCTC as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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