Indian Railway Catering & Tourism Corporation Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IRCTC, BSE:542830 Indian Railway Catering & Tourism Corporation Ltd.

Indian Railway Catering & Tourism Corporation Ltd.

01 Jul 2021, 12:00AM

712.00

1.14%

Q4FY21 Result Update - Ticketing volumes key to recovery - BUY

Buy: Indian Railway Catering & ...

Target

Prabhudas Lilladhar

Currently ~1,500 trains and ~250 pantry cars (out of 417) are operational. disrupted due to 2nd wave our FY23E estimates are broadly intact as we coming in from conversion of certain unreserved coaches into the reserved category. Additional volume lever is not ruled out from rise in e-booking penetration (reached ~90%+ amid COVID; up from ~70-75% levels prevailing...

Prabhudas Lilladhar decreased Buy price target of Indian Railway Catering & Tourism Corporation Ltd. to 850.0 on 18 Aug, 2025.

Indian Railway Catering & Tourism Corporation Ltd.

08 Mar 2021

712.00

1.14%

Indian Railway Catering & Tourism Corporation Ltd. - Company Update - 08 March 2021

Buy: Indian Railway Catering & ...

Way2Wealth

The mobile catering contracts that were in abeyance got terminated due to change in scope of work (shift from cooked to ready to eat meals) and there has been no change in catering policy so far. License fee refund has already been provided. There is no change in the catering...

Indian Railway Cater.. has an average target of 827.50 from 2 brokers.

Indian Railway Catering & Tourism Corporation Ltd.

03 Feb 2021

712.00

1.14%

IRCTC: Q3FY21 Result Review

Buy: Indian Railway Catering & ...

IDBI Capital

While on YoY basis the impact of Covid-19 pandemic continued to weigh on IRCTC's business segments, it reported a meaningful QoQ improvement in revenue/profitability in Q3FY21. In Q3FY21, revenue grew by a strong 1.5x QoQ to Rs2,244 mn. EBITDA saw an even better improvement to Rs946 mn vs. a loss of Rs56 mn in Q2. Even EPS saw a strong growth to Rs4.9 vs. Rs0.3 QoQ. We factor delayed recovery mainly in catering and tourism segment and cut FY21/22 EPS by 33%/4.2%. However, we remain confident of FY22 EBITDA and EPS surpassing FY20 levels. Our FY23, EPS forecast remains unchanged. We maintain BUY with TP of...

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

Indian Railway Catering & Tourism Corporation Ltd.

18 Nov 2020

712.00

1.14%

IRCTC

Buy: Indian Railway Catering & ...

Dolat Capital

We cut our FY21E EPS estimates by 50% given the uncertainty in timeline regarding complete resumption of rail services. However, our FY22E/FY23E estimates are broadly intact as 1) resumption of Tejas Express from 17 th Oct and 2) increase in convenience revenue to ~25% of the pre-COVID levels in...

Prabhudas Lilladhar decreased Buy price target of Indian Railway Catering & Tourism Corporation Ltd. to 850.0 on 18 Aug, 2025.

Indian Railway Catering & Tourism Corporation Ltd.

14 Oct 2020

712.00

1.14%

IRCTC: Initiating Coverage

Buy: Indian Railway Catering & ...

IDBI Capital

We initiate coverage on Indian Railway Catering and Tourism Corporation (IRCTC) with TP of Rs1,800 based on PER of 35x FY23E. We believe that IRCTC is a one-of-its-kind company. In its top-2 segments internet ticketing and catering services (combined ~89% of FY20 EBIT) it is the sole service provider. Internet ticketing as digital platform business has seen 302 mn bookings in FY20 with ~73% share in total railway ticket booked in India. In its packaged drinking water business it's pricing provides a competitive edge. While Covid-19 pandemic will impact FY21 performance, we expect strong pick-up in FY22/23E. We forecast revenue/EBIT/EPS CAGR of 9.2%/14.4%/15.9%...

Indian Railway Cater.. has an average target of 827.50 from 2 brokers.

Indian Railway Catering & Tourism Corporation Ltd.

11 Jul 2020

712.00

1.14%

Q4FY20 Result Update - Near term pain, growth story intact - Downgrade to 'Accumulate'

Accumulate: Indian Railway Catering & ...

Prabhudas Lilladhar

IRCTC's performance was marred by COVID-19 during 4QFY20 (impact was evident from the month of Jan itself), with revenue/EBITDA miss of 4%/8% respectively. Since convenience fee on e-ticketing was absent in the base quarter (levied from 01st Sep 2019), optically growth appears to be higher. However, on a QoQ basis revenue/EBITDA declined 18%/24% respectively....

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

Indian Railway Catering & Tourism Corporation Ltd.

24 Mar 2020

712.00

1.14%

Company Update - To bounce back after COVID fear resides

Buy: Indian Railway Catering & ...

Prabhudas Lilladhar

back once COVID fear resides as structural levers remain intact. The stock currently trades at 13.6x FY22 EPS and looks attractive from long term. Retain BUY. However, we would advise staggered buying and do not rule out near term weakness given the constantly evolving situation over lockdown. Further, risk of reduction/abolishment in service charge has magnified as COVID is a black swan event and government can take a socialist approach to deal with the current situation. The impact on IRCTC's earnings assuming 1-month benchmark (complete...

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

Indian Railway Catering & Tourism Corporation Ltd.

25 Nov 2019

712.00

1.14%

Indian Railway Catering and Tourism Corporation Lt

Buy: Indian Railway Catering & ...

AUM Capital

Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) is a wholly-owned subsidiary of Indian Railways, Government of India. It is a Mini Ratna (Category-I Central Public Sector Enterprise), incorporated in 1999 as an extended arm of the Indian Railways with the objective to upgrade, modernize, professionalize and manage the catering and hospitality services at stations, on trains and other locations, online ticket booking services, packaged drinking water and to promote domestic and international tourism through development of budget hotels, special tour packages, information & commercial publicity...

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

Indian Railway Catering & Tourism Corporation Ltd.

14 Oct 2019

712.00

1.14%

INDIAN RAILWAY CATERING AND TOURISM CORP LTD

IPO Subscribe: Indian Railway Catering & ...

Geojit BNP Paribas

A good bet on India's growing tourism & travel market IRCTC is the only entity authorized by the Indian Railways to provide services like catering, travel & tourism, online ticket booking, and packaged drinking water. The company fully enjoys virtual monopoly offering major tourism related services under one roof. The company was conferred the status of Mini-ratna (Category -1 Public Sector Enterprise) by the Govt. of India, on May 01, 2008....

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

Indian Railway Catering & Tourism Corporation Ltd.

30 Sep 2019

712.00

1.14%

Indian Railway Catering and Tourism Corpn ltd

Neutral: Indian Railway Catering & ...

SMC online

About the company Incorporated in 1999, state-owned Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a wholly-owned subsidiary of Indian Railways. IRCTC handles tourism, catering, online ticket booking services and provides packaged drinking water in trains and at railway stations in the country. The company was conferred as a Mini-Ratna or Category-I Public Sector Enterprise by the Indian Government in 2008. In the last three months ended on 30th June, nearly 15 to 18 million transactions were placed per month through the IRCTC website. IRCTC also provides non-railway services including budget hotels, e-catering and executive lounges to create a one-stop solution for...

Number of FII/FPI investors increased from 536 to 544 in Jun 2025 qtr.

VOTE: Is Indian Railway Catering & Tourism Corporation Ltd. worth buying?

485 Votes:

Buy 79.79%

Sell 9.69%

Hold 10.52%

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