# IRCTC share price today (Indian Railway Catering & Tourism Corporation Ltd, NSE: IRCTC) > IRCTC share price today: ₹447.50 at the NSE close on 3 November 2026, down 37.8% in a year. Indian Railway Catering & Tourism Corporation (NSE: IRCTC) is worth ₹35,816 crore, trades at a P/E of 26.0 and has closed between ₹436.35 and ₹705.40 over the past 52 weeks. > Indian Railway Catering & Tourism Corporation Ltd's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. IRCTC · Railways · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/indian-railway-catering-tourism-corporation-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Slowing from a peak, from the last 12 quarters - Price: ₹447.50 (−37.8% in a year) - P/E: 26.0× (lower than 98% of the last 2.4 years) - Revenue (Jun 2026): ₹1,370 Cr (+18.1% on a year ago) - Profit (Jun 2026): ₹330 Cr (−0.3% on a year ago) - Operating margin: 28.0% (−6.0 points on a year ago) - ROCE: 46%, FY26 - ROIC: 78.0%, against a 12.0% cost of capital: +66.0 points The main question: yearly earnings per share moved +6.0% while the share price moved −37.8%. ## What is the IRCTC share price today? Indian Railway Catering & Tourism Corporation Ltd's share price was ₹447.50 at the close on 3 November 2026. It has been falling for 107 weeks. That is 15.8% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 78 weeks running. In the last 52 weeks it traded between ₹436 and ₹705, and at that close it sat 4% of the way up from that low. Over the last 7 years the share price moved +187% while the NIFTY 500 moved +131%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 13 June 2025. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at IRCTC this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 10 quarters in a row, revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) and operating margin down 6 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 10 quarters in a row From 8.1% to 3.5% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹1,370 crore, +18.1% on a year earlier. Why: Revenue rose because catering brought in more money from prepaid train sales, train licences, online meal orders and election specials. Next results: check whether catering sales keep growing as the Proof of Concept support is phased out. From the earnings call on 13 Aug 2026. 3. Operating margin down 6 points on a year earlier 28% in the June 2026 quarter, from 34%. Why: Margins fell because more of the business came from catering, the company had about ₹20 crore of extra staff costs, and direct costs in ticketing rose. Next results: check whether catering margins recover as the Proof of Concept phases out. From the earnings call on 13 Aug 2026. ## What dividend does IRCTC pay? IRCTC paid ₹9 a share in regular dividends in the 12 months to 4 November 2026 (3 payments), a yield of 2.01% at the ₹447.50 close on 3 November 2026. The last was a dividend of ₹0.50 a share, ex-date 22 September 2026. ### IRCTC dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 22 Sep 2026 | ₹0.50 | Dividend | same day | | 20 Feb 2026 | ₹3.50 | Interim | same day | | 21 Nov 2025 | ₹5 | Interim | same day | | 22 Aug 2025 | ₹1 | Dividend | same day | | 20 Feb 2025 | ₹3 | Interim | same day | | 14 Nov 2024 | ₹4 | Interim | same day | | 23 Aug 2024 | ₹4 | Dividend | same day | | 17 Nov 2023 | ₹2.50 | Interim | same day | | 18 Aug 2023 | ₹2 | Dividend | n/a | | 22 Feb 2023 | ₹3.50 | Interim | same day | | 18 Aug 2022 | ₹1.50 | Dividend | n/a | | 17 Feb 2022 | ₹2 | Interim | 18 Feb 2022 | | 21 Sep 2021 | ₹5 | Dividend | 22 Sep 2021 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Indian Railway Catering & Tourism Corporation Ltd paid out 52% of its profit as dividends in FY26, and it paid a dividend in each of its last 4 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What are IRCTC's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), IRCTC reported revenue of ₹1,370 crore, up 18.1% from ₹1,160 crore a year earlier, and a profit of ₹330 crore, down 0.3% from ₹331 crore. ### IRCTC results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,370 crore | ₹1,160 crore | +18.1% | | Profit | ₹330 crore | ₹331 crore | −0.3% | | Earnings per share | ₹4.13 | ₹4.13 | 0.0% | | Operating margin | 28.0% | 34.0% | −6.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). IRCTC's management discussed these results on a call held on 13 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the IRCTC share price history? IRCTC closed at ₹447.50 on 3 November 2026, down 37.8% from ₹719.25 a year earlier (31 October 2025) and down 45.6% over five years. Its highest weekly close since October 2019 was ₹1,108.95 on 24 May 2024. ### IRCTC share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹441.30 | +1.4% | | 1 month ago · 1 Oct 2026 | ₹454.00 | −1.4% | | 6 months ago · 30 Apr 2026 | ₹539.90 | −17.1% | | 1 year ago · 31 Oct 2025 | ₹719.25 | −37.8% | | 3 years ago · 3 Nov 2023 | ₹663.60 | −32.6% | | 5 years ago · 4 Nov 2021 | ₹822.15 | −45.6% | | Earliest and lowest weekly close in our records · 18 Oct 2019 | ₹155.84 | +187.2% | | Highest weekly close since October 2019 · 24 May 2024 | ₹1,108.95 | −59.6% | | 52-week high (weekly close) · 14 Nov 2025 | ₹705.40 | −36.6% | | 52-week low (weekly close) · 30 Oct 2026 | ₹436.35 | +2.6% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (374 weekly closes from 18 October 2019 to 3 November 2026.) ## What is the latest news on IRCTC? 3 Nov 2026: IRCTC closed at ₹447.50, up 1.4% on the week and down 1.4% on the month. 22 Sep 2026: ex-date for a dividend of ₹0.50 a share. ### Earlier - 13 Aug 2026: IRCTC held its results call for April to June 2026. Management guided: Catering Proof of Concept expected to phase out by January to March 2027; traditional segment margins planned at 10%-12%. - Results for April to June 2026: Revenue up 18.1% and profit down 0.3% on a year earlier. - 20 Feb 2026: ex-date for an interim dividend of ₹3.50 a share. - 21 Nov 2025: ex-date for an interim dividend of ₹5 a share. ## What did IRCTC management say on the latest results call? On the call for April to June 2026, held on 13 August 2026, IRCTC's management guided: Catering Proof of Concept expected to phase out by January to March 2027; traditional segment margins planned at 10%-12%. > “Although there was a slight decline in margins due to changes in the revenue mix, particularly the higher contribution from catering, the implication of additional HR costs of around 20 crores, and an increase in direct costs in the ticketing segment, our overall profitability remained strong and sustainable.” > Rajnish Narayan, Director Finance & CFO, on the call for April to June 2026 ### What management guided - RBI response on iPay expected during the current financial year; wider rollout conditional on approval. - Rail Neer Amarnath capacity to reach 3 lakh and Danapur 2 lakh bottles per day during FY27; new plants prioritized, operations potentially beyond the current year. - Tourism revenue may cross ₹1,000 crore next year. - Non-convenience internet-ticketing revenue planned to return to ₹150 crore quarterly run rate as iPay, e-wallet and unified-portal initiatives develop. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5655/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 13 August 2026.) ## What to watch in IRCTC's next results? When IRCTC reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Catering margin recovery as the Proof of Concept phases out - check segment profitability against the stated traditional range. - What to check (from the call) - Catering margin recovery as the Proof of Concept phases out - check segment profitability against the stated traditional range. - Rail Neer supply and plant rollout - check availability at mandatory stations, raw-material pressure and progress on identified facilities. - IPay licence process - check RBI response, full-platform rollout and first meaningful monetization beyond current transactions. - Internet-ticketing monetization - check non-convenience recovery, website relaunch effects and convenience-fee policy response. ## Which stock lists is IRCTC on? IRCTC is on 3 of our India lists: 52 week high & low, Dividend stocks and Small & mid cap stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Dividend stocks Regular dividend yield (%): 2.01](https://www.sectoralpha.in/dividend-stocks-india) - [Small & mid cap stocks Size rank in India: 246](https://www.sectoralpha.in/small-cap-stocks-india) ## Is IRCTC profitable? Indian Railway Catering & Tourism Corporation Ltd earned ₹330 Cr of net profit in the Jun 2026 quarter, −0.3% on the same quarter a year earlier. Full-year FY26 profit was ₹1,393 Cr. Over 3 years profit has grown 11.5% a year on average. That is 24.1% of the quarter's revenue. The same quarter a year earlier earned ₹331 Cr. For the full year, FY26 profit was ₹1,393 Cr (+5.9% on the year before). Why profit moved: revenue changed +18.1% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +4.3% and revenue +14.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does IRCTC make, and is it growing? Indian Railway Catering & Tourism Corporation Ltd reported ₹1,370 Cr of revenue in the Jun 2026 quarter, +18.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 3 years it has grown 13.8% a year on average. The last full year, FY26, came in at ₹5,215 Cr. The last four reported quarters add to ₹5,425 Cr. FY26 revenue was ₹5,215 Cr, +11.6% on the year before. Recent pace: the last four quarters grew +14.8% on average, against 13.8% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +15.0%, against +11.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +4.0%, against +8.3% a year (rolling over). ## How much of every ₹100 of sales does IRCTC keep? Indian Railway Catering & Tourism Corporation Ltd's operating margin was 28.0% in the Jun 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Across 4 years it has been between 32.0% and 36.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −6.0 percentage points on the year while gross margin changed −1.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is IRCTC's profit turning into cash? Over the last 3 years, 78% of Indian Railway Catering & Tourism Corporation Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹1,273 Cr of operating cash against ₹1,393 Cr of profit. After ₹91.0 Cr of spending on assets, ₹1,182 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does IRCTC's cash go? Indian Railway Catering & Tourism Corporation Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹5,215 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹656 Cr on assets over the last 3 years. Averaged over those years that is 4.2% of FY26 revenue a year. Spending on assets: ₹656 Cr over the last 3 years, against ₹160 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹42.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is IRCTC's P/E ratio, and how does it compare with its own history? Indian Railway Catering & Tourism Corporation Ltd's P/E is 26.0×, about the lowest it has ever been. Its usual P/E (the middle reading) is 44.1×, over 2.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹17.42. Why the multiple is where it is: over the past year earnings per share moved +6.0% while the price moved −37.8%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the IRCTC business getting better or worse? Indian Railway Catering & Tourism Corporation Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +19.2% at its peak to +4.0% now), while ROCE is still 44.0%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does IRCTC earn on its capital? Indian Railway Catering & Tourism Corporation Ltd earned a ROCE of 46% in FY26. Its return on capital used (ROIC) is 66.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 26.7% net margin and 0.69× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 26.7% net margin × 0.69× asset turnover × 1.76× leverage (assets divided by equity) ≈ 32.4% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 78.0% − 12.0% = +66.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 78.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 79.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does IRCTC have too much debt? Indian Railway Catering & Tourism Corporation Ltd has total debt of ₹81.0 Cr against shareholder equity of ₹4,309 Cr as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.06 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the IRCTC shareholding pattern? Foreign institutions cut their stake in Indian Railway Catering & Tourism Corporation Ltd by 4.1 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 3.5% of the company. Domestic institutions moved +0.6 points over the same period, to 14.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −4.1 points over 8 quarters, to 3.5%; Domestic institutions: +0.6 points over 8 quarters, to 14.6%; Promoters: +0.0 points over 8 quarters, to 62.4%. Why the owners changed: foreign institutions drove it (−4.1 points), with the other side taken by domestic institutions (+0.6 points). They reduced their stake. ## How far is IRCTC from balance-sheet trouble? For Indian Railway Catering & Tourism Corporation Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does IRCTC rank in its industry? 44.5 out of 100, rank 7 of 9 in Railways, with 89% of the evidence available. Indian Railway Catering & Tourism Corporation Ltd scores 44.5 out of 100 against the 9 companies it is compared with in Railways, ranking 7. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. The four parts add up to the total exactly: 10.8 + 19.7 + 4.6 + 9.4 = 44.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is IRCTC compared with? IRCTC ranks 7 of 9 Railways companies on the 4-Factor Sector Score, with 44.5 out of 100. 1. [Oriental Rail Infrastructure Ltd](https://www.sectoralpha.in/stocks/oriental-rail-infrastructure-ltd) ORIRAIL · breaking out · Evidence leans up · 78% evidence 64.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 16.2% · Profit 73.3% · Operating margin change 0 points · 100% evidence Capital efficiency 13.2/25 · ROCE 12% · Operating margin 16% · 100% evidence Valuation 16.1/20 · P/E 14.2× · PEG 0.58 · 65% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -37.5% · 25% evidence · 3 of 5 weeks ahead Exact sum: 26 + 13.2 + 16.1 + 9.5 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) RAILTEL · quiet · Evidence leans up · 85% evidence 61.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 22.5% · Profit 5.9% · Operating margin change -1 points · 100% evidence Capital efficiency 18.0/25 · ROCE 22.8% · Operating margin 15% · 100% evidence Valuation 15.0/20 · P/E 19.2× · PEG 1.4 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.4% · 1 year -39.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.3 + 18 + 15 + 7.9 = 61.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) RITES · quiet · Evidence leans up · 96% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 11.3% · Profit 9% · Operating margin change -1 points · 88% evidence Capital efficiency 21.6/25 · ROCE 23% · Operating margin 22% · 100% evidence Valuation 3.1/20 · P/E 21.7× · PEG 3.7 · 100% evidence Relative strength 14.8/20 · Lead over its industry 5.6% · Lead over NIFTY 500 -8.7% · 1 year -23.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 21.6 + 3.1 + 14.8 = 56.4 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 4. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) TITAGARH · quiet · Evidence leans up · 96% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.5/35 · Revenue -10.2% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 10.6/25 · ROCE 10.9% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 45.4× · PEG 1.7 · 100% evidence Relative strength 8.1/20 · Lead over its industry 0.5% · Lead over NIFTY 500 -13.2% · 1 year -26.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.5 + 10.6 + 10 + 8.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Texmaco Rail & Engineering Ltd](https://www.sectoralpha.in/stocks/texmaco-rail-engineering-ltd) TEXRAIL · quiet · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.8/35 · Revenue -14.3% · Profit -1.8% · Operating margin change 0 points · 88% evidence Capital efficiency 9.3/25 · ROCE 11.2% · Operating margin 8% · 100% evidence Valuation 14.9/20 · P/E 18.4× · PEG 0.81 · 65% evidence Relative strength 16.9/20 · Lead over its industry 5.9% · Lead over NIFTY 500 -8.7% · 1 year -28% · 100% evidence · 5 of 12 weeks ahead Exact sum: 8.8 + 9.3 + 14.9 + 16.9 = 49.9 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 6. [Indian Railway Finance Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-finance-corporation-ltd) IRFC · quiet · Evidence leans down · 76% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 12.5% · Profit 7.8% · Operating margin change 0.2 points · 74% evidence Capital efficiency 8.0/25 · ROCE 5.6% · Operating margin 99.4% · 100% evidence Valuation 10.5/20 · P/E 13× · PEG 1.85 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.4% · 1 year -40.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18.9 + 8 + 10.5 + 8.3 = 45.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. Indian Railway Catering & Tourism Corporation Ltd this page IRCTC · basing · Evidence leans down · 89% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 15% · Profit 4% · Operating margin change -6 points · 88% evidence Capital efficiency 19.7/25 · ROCE 46.1% · Operating margin 28% · 100% evidence Valuation 4.6/20 · P/E 25.3× · PEG 3.88 · 65% evidence Relative strength 9.4/20 · Lead over its industry -4.1% · Lead over NIFTY 500 -17.3% · 1 year -39.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.7 + 4.6 + 9.4 = 44.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Cosmic CRF Ltd](https://www.sectoralpha.in/stocks/cosmic-crf-ltd) quiet · Too little evidence to rank firmly · 50% evidence 39.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 27% evidence Capital efficiency 8.2/25 · ROCE 9.1% · Operating margin 11% · 71% evidence Valuation 9.3/20 · P/E 31.2× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -4.4% · Lead over NIFTY 500 -17.6% · 1 year -23.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 20.1 + 8.2 + 9.3 + 1.4 = 39 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) JWL · quiet · Most evidence points down · 63% evidence 30.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.9/35 · Revenue -11.7% · Profit -49.8% · Operating margin change -3 points · 83% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 10% · 76% evidence Valuation 7.8/20 · P/E 43.7× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -28.8% · 1 year -43.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 5.9 + 9 + 7.8 + 7.5 = 30.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Railways](https://www.sectoralpha.in/sectors/railways), all 9 compared on one page. ## Which companies are close to IRCTC in size? IRCTC is the 2nd largest of 9 Railways companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Indian Railway Finance Corporation. Just below it: Rites, Titagarh Rail Systems, Jupiter Wagons, Railtel Corporation of India and Texmaco Rail & Engineering. ### Railways companies close in size 1. [Indian Railway Finance Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-finance-corporation-ltd) ₹95,884 crore 2. Indian Railway Catering & Tourism Corporation Ltd ₹34,896 crore 3. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) ₹9,049 crore 4. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) ₹8,810 crore 5. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) ₹7,769 crore 6. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) ₹7,138 crore 7. [Texmaco Rail & Engineering Ltd](https://www.sectoralpha.in/stocks/texmaco-rail-engineering-ltd) ₹3,998 crore [All 9 Railways companies, largest first](https://www.sectoralpha.in/sectors/railways#all-companies) ### Companies close in size in other industries 1. [HFCL Ltd](https://www.sectoralpha.in/stocks/hfcl-ltd) ₹35,401 crore · Telecom Services 2. [Narayana Hrudayalaya Ltd](https://www.sectoralpha.in/stocks/narayana-hrudayalaya-ltd) ₹35,154 crore · Hospitals 3. Indian Railway Catering & Tourism Corporation Ltd ₹34,896 crore 4. [ITC Hotels Ltd](https://www.sectoralpha.in/stocks/itc-hotels-ltd) ₹34,825 crore · Hotels 5. [Karur Vysya Bank Ltd](https://www.sectoralpha.in/stocks/karur-vysya-bank-ltd) ₹34,419 crore · Banks - Private ## What else do people ask about IRCTC? ### What is IRCTC's share price today? Indian Railway Catering & Tourism Corporation Ltd's share price is ₹447.50, −37.8% over the past year. The whole company is worth ₹35,816 Cr on the market. In the last 52 weeks it traded between ₹436 to ₹705; today it is 4% of the way up from the low, 15.8% below its 200-day average (as of 3 November 2026). ### What were IRCTC's latest quarterly results? Indian Railway Catering & Tourism Corporation Ltd reported revenue of ₹1,370 Cr and net profit of ₹330 Cr for the Jun 2026 quarter. Revenue rose 18.1% and profit fell 0.3% compared with a year earlier. Earnings per share were ₹4.13 (as of 3 November 2026). ### What is IRCTC's market cap? Indian Railway Catering & Tourism Corporation Ltd's market capitalisation is ₹35,816 Cr at a share price of ₹447.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is IRCTC performing? Indian Railway Catering & Tourism Corporation Ltd's share price has been falling for 107 weeks. In its latest quarter, revenue rose 18.1% and profit fell 0.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 78 weeks running (as of 3 November 2026). ### Will IRCTC's share price go up? This page does not forecast Indian Railway Catering & Tourism Corporation Ltd's share price. What it shows instead: the share price is ₹447.50, and it has been falling for 107 weeks. Its P/E of 26.0× is higher than 2% of its own last 2 years (as of 3 November 2026). ### Does IRCTC have too much debt? No, Indian Railway Catering & Tourism Corporation Ltd has little debt: its debt is 0.02× its equity, and its operating profit is 93 times its interest bill. FY26 borrowings were ₹81.0 Cr against equity of ₹4,309 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is IRCTC in its business cycle? Indian Railway Catering & Tourism Corporation Ltd's FY26 operating margin was 32.0%, against a 4-year range of 32.0% to 36.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 28.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the IRCTC story? The main question: yearly earnings per share moved +6.0% while the share price moved −37.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is IRCTC a stock worth studying right now? What the numbers show: Indian Railway Catering & Tourism Corporation Ltd's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a IRCTC share price forecast for 2026? What management itself guided: Catering Proof of Concept expected to phase out by January to March 2027; traditional segment margins planned at 10%-12%. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.