Whalesbook
Incorporated in 1999, IRCTC is a Navratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking waterat railway stations and trains in India[1]
OverviewIRCTC is a 'Mini Ratna (Category-I)' Central Public Sector Enterprise under the Ministry of Railways, GOI, engaged in hospitality, travel, and tourism. In July 2024, it became a Scheduled ‘A’ Public Sector Undertaking of the Government of India.[1][2]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | I R C T C | 673.85 | 40.33 | 53931.99 | 1.19 | 341.86 | 9.69 | 1145.99 | 7.71 | 49.03 | 4798.86 | 33.42 | 1337.24 | 337.64 | 12.65 | 19.87 | 0.02 |
| 2. | TBO Tek | 1671.30 | 81.67 | 18160.63 | 0.00 | 67.55 | 12.41 | 567.51 | 25.92 | 26.68 | 1947.11 | 14.49 | 222.36 | 67.55 | 13.09 | 3.87 | 0.52 |
| 3. | BLS Internat. | 331.55 | 22.68 | 13655.47 | 0.30 | 185.70 | 26.77 | 736.63 | 48.81 | 33.62 | 2652.82 | 28.24 | 602.04 | 175.23 | 6.41 | 24.22 | 0.19 |
| 4. | Le Travenues | 245.85 | 222.87 | 10731.40 | 0.00 | -3.47 | -125.44 | 282.74 | 36.94 | 12.62 | 1123.11 | 5.25 | 48.15 | -3.18 | 14.01 | 6.85 | 0.04 |
| 5. | Thomas Cook (I) | 140.71 | 27.45 | 6636.76 | 0.32 | 70.75 | -21.45 | 2073.84 | 3.50 | 18.69 | 8511.67 | 5.27 | 241.78 | 50.97 | 2.80 | 3.91 | 0.22 |
| 6. | Easy Trip Plann. | 8.33 | 56.31 | 3044.35 | 0.00 | -36.04 | -85.52 | 118.34 | -18.20 | 20.89 | 522.18 | 12.42 | 54.07 | 3.75 | 3.50 | 10.70 | 0.04 |
| 7. | Yatra Online | 179.56 | 50.85 | 2822.75 | 0.00 | 14.28 | 95.62 | 350.87 | 48.42 | 5.34 | 1014.91 | 7.65 | 55.51 | 14.28 | 3.46 | 2.88 | 0.07 |
| – | Median: 10 Co. | 212.7 | 40.29 | 4840.56 | 0.0 | 10.33 | -2.16 | 316.81 | 13.84 | 22.48 | 1069.01 | 15.01 | 54.79 | 10.33 | 3.48 | 8.77 | 0.06 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 918 | 1,118 | 1,225 | 1,002 | 1,118 | 1,160 | 965 | 1,155 | 1,269 | 806 | 992 | 1,064 | 1,146 |
Expenses | 592 | 724 | 808 | 659 | 743 | 762 | 640 | 792 | 883 | 501 | 626 | 691 | 742 |
Operating Profit | 326 | 394 | 417 | 343 | 375 | 397 | 325 | 363 | 385 | 305 | 367 | 373 | 404 |
Other Income | 32 | 31 | 56 | -13 | 54 | 61 | 65 | 41 | 107 | 26 | 47 | 60 | 69 |
Profit before tax | 343 | 406 | 457 | 312 | 412 | 442 | 375 | 382 | 472 | 307 | 395 | 417 | 457 |
Tax % | 25% | 26% | 25% | 26% | 25% | 25% | 26% | 26% | 24% | 26% | 25% | 26% | 25% |
Net Profit | 256 | 300 | 341 | 232 | 308 | 330 | 279 | 284 | 358 | 226 | 295 | 308 | 342 |
EPS in Rs | 3.19 | 3.75 | 4.27 | 2.90 | 3.85 | 4.13 | 3.48 | 3.55 | 4.47 | 2.83 | 3.68 | 3.85 | 4.27 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,059 | 1,367 | 1,520 | 1,466 | 1,870 | 2,264 | 777 | 1,879 | 3,541 | 4,260 | 4,675 | 4,799 |
Expenses | 907 | 1,176 | 1,206 | 1,192 | 1,487 | 1,562 | 589 | 1,005 | 2,265 | 2,794 | 3,124 | 3,195 |
Operating Profit | 152 | 190 | 314 | 274 | 383 | 703 | 188 | 874 | 1,276 | 1,466 | 1,551 | 1,604 |
Other Income | 82 | 139 | 67 | 99 | 126 | 77 | 124 | 72 | 148 | 106 | 276 | 293 |
Interest | 0 | 0 | 3 | 3 | 2 | 10 | 8 | 11 | 16 | 19 | 17 | 20 |
Depreciation | 20 | 21 | 22 | 24 | 29 | 40 | 46 | 49 | 54 | 57 | 53 | 49 |
Profit before tax | 214 | 309 | 355 | 346 | 479 | 730 | 258 | 885 | 1,354 | 1,496 | 1,757 | 1,827 |
Net Profit | 131 | 189 | 229 | 221 | 309 | 513 | 187 | 660 | 1,006 | 1,111 | 1,315 | 1,371 |
EPS in Rs | 13.06 | 18.86 | 11.45 | 11.03 | 3.86 | 6.41 | 2.34 | 8.24 | 12.57 | 13.89 | 16.43 | 17.14 |
Dividend Payout % | 20% | 40% | 49% | 21% | 98% | 39% | 43% | 42% | 44% | 47% | 49% | – |
Standalone figures in ₹ crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 40 | 40 | 160 | 160 | 160 | 160 | 160 | 160 | 160 | 160 |
Reserves | 424 | 522 | 747 | 915 | 911 | 1,154 | 1,296 | 1,710 | 2,318 | 3,070 | 3,503 | 4,100 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 79 | 105 | 84 | 60 | 90 | 78 |
Other Liabilities | 718 | 895 | 1,040 | 1,365 | 1,523 | 1,928 | 1,618 | 1,909 | 2,526 | 2,801 | 3,046 | 3,292 |
Total Liabilities | 1,162 | 1,437 | 1,826 | 2,319 | 2,594 | 3,241 | 3,153 | 3,884 | 5,089 | 6,091 | 6,799 | 7,631 |
Fixed Assets | 155 | 159 | 170 | 190 | 182 | 285 | 311 | 335 | 351 | 343 | 813 | 821 |
Gross Block | 276.84 | 298.32 | 337.61 | 364.24 | 384.26 | 521.33 | 594.04 | 620.74 | 689.29 | 737.14 | 1,230.70 | – |
Accumulated Depreciation | 121.52 | 139.70 | 167.22 | 174.42 | 202.00 | 236.64 | 282.69 | 285.32 | 338.36 | 394.38 | 417.29 | – |
CWIP | 16 | 14 | 17 | 8 | 40 | 16 | 24 | 26 | 34 | 443 | 27 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 25 |
Other Assets | 990 | 1,264 | 1,639 | 2,122 | 2,372 | 2,941 | 2,818 | 3,522 | 4,704 | 5,306 | 5,934 | 6,777 |
Total Assets | 1,162 | 1,437 | 1,826 | 2,319 | 2,594 | 3,241 | 3,153 | 3,884 | 5,089 | 6,091 | 6,799 | 7,631 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 69 | 288 | 338 | 24 | 499 | 409 | 248 | 524 | 812 | 882 | 834 |
Cash from Investing Activity | -46 | 7 | 94 | 40 | -353 | 8 | -453 | -242 | -317 | -215 | -239 |
Cash from Financing Activity | -17 | -31 | -136 | -57 | -179 | -280 | -47 | -258 | -434 | -404 | -910 |
Net Cash Flow | 6 | 263 | 296 | 7 | -33 | 137 | -252 | 23 | 61 | 262 | -316 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 43 | 70 | 137 | 115 | 125 | 245 | 111 | 118 | 118 | 135 |
Inventory Days | 15 | 13 | 11 | 11 | 23 | 26 | 50 | 27 | 18 | 16 | 15 |
Days Payable | 62 | 80 | 237 | 218 | 568 | 451 | 4,492 | 2,391 | 1,595 | 1,483 | 1,371 |
Cash Conversion Cycle | 4 | -24 | -157 | -70 | -430 | -300 | -4,197 | -2,252 | -1,459 | -1,349 | -1,221 |
Working Capital Days | -20 | -51 | -35 | -10 | -65 | -35 | -137 | -29 | 3 | 20 | 56 |
ROCE % | – | 63% | 54% | 40% | 44% | 62% | 16% | 51% | 59% | 54% | 49% |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
No credit ratings.
Nov 2025
Aug 2025
Jun 2025
Feb 2025
Aug 2024
Jun 2024
Feb 2024
Nov 2023
Sep 2023
Jun 2023
Feb 2023
Nov 2022
Aug 2022
Jun 2022
Feb 2022
Dec 2021
Nov 2021
Aug 2021
Jul 2021
Mar 2021
Feb 2021
Feb 2021
Nov 2020
Nov 2020
Jul 2020
