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.
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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
| IRCTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -1.5% | 0.9% |
| 30 Day | 11.0% | 12.8% | 1.0% |
| 90 Day | 27.8% | 32.9% | 11.0% |
| 1 Year | 70.9%70.6% | 70.6%70.1% | 53.9%51.8% |
| 3 Year | n/a | -10.2%-11.1% | 37.0%30.0% |
| 5 Year | n/a | 66.4%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
1 month ago | Simply Wall St
Did Indian Railway Catering & Tourism's (NSE:IRCTC) Share Price Deserve to Gain 34%?2 months ago | Simply Wall St
Indian Railway Catering & Tourism (NSE:IRCTC) Will Will Want To Turn Around Its Return Trends6 months ago | Simply Wall St
What Kind Of Investors Own Most Of Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC)?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/27 15:38 |
| End of Day Share Price | 2021/07/27 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.