NSEI:IRCTC

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Indian Railway Catering & Tourism

Market Cap

₹367.3b

Last Updated

2021/07/27 15:38 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has Indian Railway Catering & Tourism's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

-3.6%

IRCTC

-1.5%

IN Commercial Services

0.9%

IN Market


1 Year Return

70.6%

IRCTC

70.1%

IN Commercial Services

51.8%

IN Market

Return vs Industry: IRCTC matched the Indian Commercial Services industry which returned 70.9% over the past year.

Return vs Market: IRCTC exceeded the Indian Market which returned 54.3% over the past year.


Shareholder returns

IRCTCIndustryMarket
7 Day-3.6%-1.5%0.9%
30 Day11.0%12.8%1.0%
90 Day27.8%32.9%11.0%
1 Year70.9%70.6%70.6%70.1%53.9%51.8%
3 Yearn/a-10.2%-11.1%37.0%30.0%
5 Yearn/a66.4%57.8%82.4%67.2%

Long-Term Price Volatility Vs. Market

How volatile is Indian Railway Catering & Tourism's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Indian Railway Catering & Tourism undervalued compared to its fair value and its price relative to the market?

193.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IRCTC (₹2295.55) is trading above our estimate of fair value (₹1436.98)

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


Price To Earnings Ratio

PE vs Industry: IRCTC is poor value based on its PE Ratio (193.4x) compared to the Indian Commercial Services industry average (21.1x).

PE vs Market: IRCTC is poor value based on its PE Ratio (193.4x) compared to the Indian market (24x).


Price to Earnings Growth Ratio

PEG Ratio: IRCTC is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: IRCTC is overvalued based on its PB Ratio (25x) compared to the IN Commercial Services industry average (1.4x).


Future Growth

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

49.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRCTC's forecast earnings growth (49.4% per year) is above the savings rate (6.8%).

Earnings vs Market: IRCTC's earnings (49.4% per year) are forecast to grow faster than the Indian market (20.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IRCTC's revenue (44.1% per year) is forecast to grow faster than the Indian market (12.5% per year).

High Growth Revenue: IRCTC's revenue (44.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IRCTC's Return on Equity is forecast to be high in 3 years time (37.8%)


Past Performance

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

9.4%

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 (24.3%) are higher than last year (23.2%).


Past Earnings Growth Analysis

Earnings Trend: IRCTC's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: IRCTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IRCTC had negative earnings growth (-64.1%) over the past year, making it difficult to compare to the Commercial Services industry average (-19.4%).


Return on Equity

High ROE: IRCTC's Return on Equity (12.9%) is considered low.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: IRCTC's short term assets (₹27.2B) exceed its short term liabilities (₹15.4B).

Long Term Liabilities: IRCTC's short term assets (₹27.2B) exceed its long term liabilities (₹1.6B).


Debt to Equity History and Analysis

Debt Level: IRCTC is debt free.

Reducing Debt: IRCTC has not had any debt for past 5 years.

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


Dividend

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

0.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IRCTC's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: IRCTC's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.4%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether IRCTC's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if IRCTC's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.1%), IRCTC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: IRCTC's dividends in 3 years are forecast to be well covered by earnings (44.2% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Rajni Hasija

0.50

Tenure

₹5,506,199

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 ($USD74.06K) is below average for companies of similar size in the Indian market ($USD670.89K).

Compensation vs Earnings: Insufficient data to compare Rajni's compensation with company performance.


Leadership Team

Experienced Management: IRCTC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: IRCTC's board of directors are not considered experienced ( 1.3 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.


Recent Insider Transactions

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 company bio, 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
  • Market Cap: ₹367.288b
  • Shares outstanding: 160.00m
  • 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


Biography

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 cat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/27 15:38
End of Day Share Price2021/07/27 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.