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IRCT

Indian Railway Catering & Tourism NSEI:IRCTC Stock Report

Last Price

₹579.20

Market Cap

₹463.4b

7D

-2.9%

1Y

40.5%

Updated

03 Jul, 2022

Data

Company Financials
IRCTC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

IRCTC Stock Overview

Indian Railway Catering & Tourism Corporation Limited provides catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India.

Indian Railway Catering & Tourism Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Indian Railway Catering & Tourism
Historical stock prices
Current Share Price₹579.20
52 Week High₹1,279.26
52 Week Low₹413.63
Beta0.61
1 Month Change-12.96%
3 Month Change-30.44%
1 Year Change40.54%
3 Year Changen/a
5 Year Changen/a
Change since IPO297.94%

Recent News & Updates

Jun 28
Here's Why We Think Indian Railway Catering & Tourism (NSE:IRCTC) Is Well Worth Watching

Here's Why We Think Indian Railway Catering & Tourism (NSE:IRCTC) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Jun 07
Robust Earnings May Not Tell The Whole Story For Indian Railway Catering & Tourism (NSE:IRCTC)

Robust Earnings May Not Tell The Whole Story For Indian Railway Catering & Tourism (NSE:IRCTC)

Despite posting some strong earnings, the market for Indian Railway Catering & Tourism Corporation Limited's...

Shareholder Returns

IRCTCIN Commercial ServicesIN Market
7D-2.9%-0.6%0.6%
1Y40.5%33.5%-0.3%

Return vs Industry: IRCTC exceeded the Indian Commercial Services industry which returned 33.5% over the past year.

Return vs Market: IRCTC exceeded the Indian Market which returned -0.3% over the past year.

Price Volatility

Is IRCTC's price volatile compared to industry and market?
IRCTC volatility
IRCTC Average Weekly Movement4.9%
Commercial Services Industry Average Movement6.9%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.4%

Stable Share Price: IRCTC is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IRCTC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,372Rajni Hasijahttps://www.irctc.com

Indian Railway Catering & Tourism Corporation Limited provides catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. The company offers mobile catering services, including on-board catering services through pantry cars on trains; train side vending contracts on mail/express and superfast trains; and pantry cars re-designing and development services. It is also involved in the management of various static catering units of railways, such as refreshment rooms, Jan Ahaars, and cell kitchens, as well as base kitchens; and 6 executive lounges in the railway stations, as well as reclining sofa, meals in buffet service, Wi-Fi internet services, shower facilities, and others.

Indian Railway Catering & Tourism Fundamentals Summary

How do Indian Railway Catering & Tourism's earnings and revenue compare to its market cap?
IRCTC fundamental statistics
Market Cap₹463.36b
Earnings (TTM)₹6.64b
Revenue (TTM)₹18.79b

69.8x

P/E Ratio

24.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRCTC income statement (TTM)
Revenue₹18.79b
Cost of Revenue₹8.92b
Gross Profit₹9.88b
Other Expenses₹3.24b
Earnings₹6.64b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.30
Gross Margin52.55%
Net Profit Margin35.31%
Debt/Equity Ratio0%

How did IRCTC perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

42%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is IRCTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IRCTC?

Other financial metrics that can be useful for relative valuation.

IRCTC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue23.8x
Enterprise Value/EBITDA50.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does IRCTC's PE Ratio compare to its peers?

IRCTC PE Ratio vs Peers
The above table shows the PE ratio for IRCTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.6x
CMSINFO CMS Info Systems
15.8x19.6%₹35.4b
509220 Enterprises
12.5xn/a₹4.1b
GKWLIMITED GKW
21.3xn/a₹3.2b
LTTS L&T Technology Services
32.9x16.6%₹315.1b
IRCTC Indian Railway Catering & Tourism
69.8xn/a₹463.4b

Price-To-Earnings vs Peers: IRCTC is expensive based on its Price-To-Earnings Ratio (69.8x) compared to the peer average (20.6x).


Price to Earnings Ratio vs Industry

How does IRCTC's PE Ratio compare vs other companies in the IN Commercial Services Industry?

Price-To-Earnings vs Industry: IRCTC is expensive based on its Price-To-Earnings Ratio (69.8x) compared to the Indian Commercial Services industry average (18.3x)


Price to Earnings Ratio vs Fair Ratio

What is IRCTC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IRCTC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IRCTC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of IRCTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IRCTC (₹579.2) is trading above our estimate of fair value (₹132.53)

Significantly Below Fair Value: IRCTC is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IRCTC's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Indian Railway Catering & Tourism forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.6%

Forecasted Commercial Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indian Railway Catering & Tourism has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Indian Railway Catering & Tourism performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IRCTC has a high level of non-cash earnings.

Growing Profit Margin: IRCTC's current net profit margins (35.3%) are higher than last year (24.3%).


Past Earnings Growth Analysis

Earnings Trend: IRCTC's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: IRCTC's earnings growth over the past year (249.5%) exceeds its 5-year average (15.4% per year).

Earnings vs Industry: IRCTC earnings growth over the past year (249.5%) exceeded the Commercial Services industry 14.5%.


Return on Equity

High ROE: IRCTC's Return on Equity (35.2%) is considered high.


Discover strong past performing companies

Financial Health

How is Indian Railway Catering & Tourism's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IRCTC's short term assets (₹33.3B) exceed its short term liabilities (₹17.8B).

Long Term Liabilities: IRCTC's short term assets (₹33.3B) exceed its long term liabilities (₹1.7B).


Debt to Equity History and Analysis

Debt Level: IRCTC is debt free.

Reducing Debt: IRCTC had no debt 5 years ago.

Debt Coverage: IRCTC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IRCTC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Indian Railway Catering & Tourism current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.52%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: IRCTC's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: IRCTC's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.86%).


Stability and Growth of Payments

Stable Dividend: IRCTC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: IRCTC's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (42.2%), IRCTC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), IRCTC's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Rajni Hasija

1.42yrs

Tenure

₹7,280,284

Compensation

Ms. Rajni Hasija is Whole Time Director at Indian Railway Catering & Tourism Corporation Limited (formerly known as Indian Railway Catering and Tourism Corporation Ltd.). since May 18, 2018 and serves as i...


CEO Compensation Analysis

Compensation vs Market: Rajni's total compensation ($USD92.25K) is below average for companies of similar size in the Indian market ($USD893.34K).

Compensation vs Earnings: Rajni's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: IRCTC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: IRCTC's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indian Railway Catering & Tourism Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Indian Railway Catering & Tourism Corporation Limited
  • Ticker: IRCTC
  • Exchange: NSEI
  • Founded: 1999
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Implied Market Cap: ₹463.360b
  • Shares outstanding: 800.00m
  • Website: https://www.irctc.com

Number of Employees


Location

  • Indian Railway Catering & Tourism Corporation Limited
  • Statesman House, B-148
  • 11th Floor
  • New Delhi
  • Delhi
  • 110001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.