Indian Railway Catering And Tourism Corporation Ltd Stock Analysis

BSE: 542830 | NSE: IRCTC | Travel Services | Mid Cap

BSE Share Price 22-Sep-2023 18:02
663.35 -7.90 (-1.18%)

DeciZen - Make an Informed Decision on IRCTC

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

IRCTC Price Chart

P/E Ratio ( SA) :
53.47
Market Cap :
53,068 Cr.
52-wk low :
557.2
52-wk high :
775
Bole Toh?

1. Is Indian Railway Catering And Tourism Corporation Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indian Railway Catering And Tourism Corporation Ltd is a good quality company.

2. Is Indian Railway Catering And Tourism Corporation Ltd undervalued or overvalued?

The key valuation ratios of Indian Railway Catering And Tourism Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Indian Railway Catering And Tourism Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Indian Railway Catering And Tourism Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of IRCTC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indian Railway Catering And Tourism Corporation Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 23.9%33%38.3%32.9%25.7%28.3%43.7%13.4%41.3%46.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9151,0591,3671,5231,4671,8702,2647771,8793,5413,691
YoY Gr. Rt. %-15.8%29.1%11.4%-3.7%27.5%21.1%-65.7%141.9%88.5%-
Adj EPS 11.62.42.72.83.56.42.38.512.612.4
YoY Gr. Rt. %-71.6%44.8%14%2.2%28.7%81.6%-65%277.3%48.1%-
BVPS (₹) 4.35.66.89.711.813.416.418.223.43133.9
Adj Net Profit 76.11311892152202835151806791,006993
Cash Flow from Ops. 47.568.728833823.6499409248524810-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.2%19.3%16.1%88.5%
Adj EPS 33.2%35.5%25%48.1%
BVPS24.4%21.3%23.6%32.5%
Share Price - - 35.3% -3.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 23.83338.332.625.528.143.21340.846.338.3
Op. Profit Mgn % 12.314.413.919.519.620.53124.246.53635.2
Net Profit Mgn % 8.312.313.814.11515.222.723.236.128.426.9
Debt to Equity 0000000000-
Working Cap Days 1932011691752522362417352962230
Cash Conv. Cycle 283110-154047502-238-940

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 38.30%

Sales growth is growing at healthy rate in last 3 years 16.08%

Net Profit is growing at healthy rate in last 3 years 25.04%

Sales growth is good in last 4 quarters at 56.53%

No data to display

Latest Financials - Indian Railway Catering And Tourism Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 12.4 -
TTM Sales (₹ Cr.) 3,691 -
BVPS (₹.) 33.9 -
Reserves (₹ Cr.) 2,551 -
P/BV 19.58 -
PE 53.47 -
From the Market
52 Week Low / High (₹) 557.15 / 775.00
All Time Low / High (₹) 125.00 / 1278.60
Market Cap (₹ Cr.) 53,068
Equity (₹ Cr.) 160
Face Value (₹) 2
Industry PE 55.2

Management X-Ray of IRCTC :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of IRCTC

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Indian Railway Catering And Tourism Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of IRCTC on 22-Sep-2023 18:02 is : 663.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2023 18:02 the market cap of IRCTC stood at ₹ 53,068.
The latest PE ratio of IRCTC as of 22-Sep-2023 18:02 is 53.47.
The latest PB ratio of IRCTC as of 22-Sep-2023 18:02 is 19.58
The 52-week high of IRCTC is ₹ 775.0 and the 52-week low is ₹ 557.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of IRCTC is ₹ 3,691 ( Cr.) .

About Indian Railway Catering And Tourism Corporation Ltd

The company was incorporated as ‘Indian Railway Catering and Tourism Corporation Limited’ (IRCTC) on September 27, 1999, as a public limited company under the Companies Act, 1956, and was granted a certificate of incorporation by the Deputy Registrar of Companies, N.C.T. of Delhi and Haryana. The company received its certificate for commencement of business from the Deputy Registrar of Companies, N.C.T. of Delhi and Haryana on December 2, 1999.

As a Central Public Sector Enterprise wholly owned by the Government of India and under the administrative control of the Ministry of Railways, the company is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. It was incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, managing hospitality services at railway stations, on trains and other locations and to promote international and domestic tourism in India through public-private participation. It was conferred the status of Mini-ratna (Category-I Public Sector Enterprise) by the Government of India, on May 1, 2008.

Business area of the company

The company operates one of the most transacted websites, www.irctc.co.in, in the Asia-Pacific region It has also diversified into other businesses, including non-railway catering and services such as e-catering, executive lounges and budget hotels, which are in line with its objective to build a ‘one stop solution’ for its customers.

Awards and accreditations:

  • 2008: The company’s tourism portal was awarded the National Tourism Award.
  • 2014: Dainik Bhaskar India Pride Award for Excellence in Consumer Industry for the year 2013-2014.
  • 2014: Awarded the most popular website award by Website of the Year India in leisure and travel category.
  • 2015: Awarder the Most Innovative e - Retailer of the year award by Star Retailer Awards 2015, 10th Awards for Excellence in Retailing.
  • 2015: The company’s mobile app - IRCTC connect was awarded Mobillion award under the category ‘Best Use of Mobile App’.
  • 2015: The company’s train, Maharajas’ Express has been conferred with the 'Seven Stars MMXII Luxury Hospitality and Lifestyle Award' at Bali, Indonesia.
  • 2016: Awarded the national award for e-governance 2015-16, Gold for New Next Generation e-Ticketing System in the category of ‘Innovative Use of ICT by Central Government PSUs’ by Government of India.
  • 2016: Awarded ‘One of the giants of tomorrow- Fortune India The Next 500’ by Fortune India.
  • 2017: Certificate of recognition for ranking no. 1 with 97 points in comparative product testing of packaged drinking water for ‘Rail Neer’ by Consumer Voice.
  • 2017: Certificate of honor for excellence in domestic tour operations at Satte Awards by UBM India.
  • 2018: Dainik Bhaskar India Pride Award in the category of India Image Enhancement / Creating a Global Brand.
  • 2019: Certificate of Accreditation for meeting the professional standards of the International Air Transport Association.

Major Events and Milestones:

  • 2002: Commenced internet ticketing services.
  • 2008: Conferred ‘Mini-Ratna Status’ for Category-I Public Sector Enterprise.
  • 2015: The company was awarded with the certificate of approval for conformity with the quality management system of ISO 9001: 2008 with respect to the rail tour package (NDR 01) for Mata Vaishno Devi Darshan.
  • 2017: The ranking of company in the Fortune India Next 500 list of Indian companies.
  • 2019: IRCTC hit capital market on September 30
  • 2019: IRCTC introduces OTP-based refund system for e-tickets
  • 2019: IRCTC signs MoU with Hotel and Restaurant Association of Northern India (HRANI)
  • 2020: IRCTC, SBI Card launch co-branded contactless credit card on RuPay Platform

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now