In this article, we will explore the future share price targets of IRCTC for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss IRCTC’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About IRCTC
IRCTC, short for Indian Railway Catering and Tourism Corporation, is a Miniratna public sector enterprise under Indian Railways. It was established to manage online ticketing, catering services, and tourism operations. IRCTC allows passengers to book train tickets conveniently through its website and mobile app. The corporation also handles catering services on trains and at railway stations. Additionally, IRCTC offers a wide range of tourism packages, including pilgrimage tours, holiday packages, and luxury train journeys. Beyond railway services, the platform provides hotel and flight booking options, as well as the Tatkal booking facility for last-minute travelers. By streamlining travel services, IRCTC has made traveling in India more convenient and efficient.
IRCTC Fundamentals
| Description | Value |
|---|---|
| Company Name | Indian Railway Ctrng nd Trsm Corp Ltd. |
| Sector | Software and IT Services |
| Established | 1999 |
| Website | irctc.com |
| Listing At | BSE, NSE |
| BSE Code | 542830 |
| NSE Code | IRCTC |
| Mkt Cap | ₹62352Cr |
| Reserves and Surplus | ₹3069.97Cr |
| ROE | 40.4% |
| ROCE | 53.8% |
| 52 Week High | ₹1138.90 |
| 52 Week Low | ₹743.75 |
| P/E Ratio (TTM) | 51.96 |
| Industry P/E | 50.76 |
| P/B Ratio | 17.70 |
| Face Value | 2 |
| Book Value Per Share | ₹44.04 |
| EPS (TTM) | ₹15 |
| Dividend Yield | 0.83% |
| Debt to Equity | 0.01 |
| Total Revenue | ₹4435Cr |
| Revenue Growth | 21.11% |
| Net Profit (Anual) | ₹1111Cr |
| Profit Growth | 10.44% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2024 | -11.34% |
| 2023 | 38.74% |
| 2022 | -23.09% |
| 2021 | 189.24% |
| 2020 | 54.03% |
IRCTC Share Price Target 2025
Current market sentiment around IRCTC is highly bullish. The expected share price target for 2025 is estimated to be between ₹630 to ₹1070.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹630 | ₹1070 |
IRCTC Share Price Target 2026
According to market analysts, IRCTC’s share price in 2026 is projected to range between ₹790 to ₹1260.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹790 | ₹1260 |
IRCTC Share Price Target 2028
By 2028, the share price target for IRCTC is anticipated to be between ₹1180 to ₹1630, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹1180 | ₹1630 |
IRCTC Share Price Target 2030
Based on the company’s historical performance and ongoing projects, IRCTC’s share price in 2030 is expected to be between ₹1610 to ₹2140.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹1610 | ₹2140 |
IRCTC Share Price Target 2040
Following the long-term trend, IRCTC’s share price in 2040 is likely to fall between ₹3160 to ₹3800.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹3160 | ₹3800 |
IRCTC Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, IRCTC’s share price target for 2050 is expected to range from ₹4830 to ₹5560.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹4830 | ₹5560 |
IRCTC Share Price Target: Export Opinion
Strengths
- Return on Equity (ROE) is 40.4%, and Return on Capital Employed (ROCE) is 53.8%, demonstrating robust returns for investors.
- Net profit increased by 10.44%, reaching ₹1,111 crore in the previous fiscal year.
- Total revenue saw a growth of 21.11%, climbing to ₹4,435 crore in FY24.
- With a debt-to-equity ratio of just 0.01, IRCTC carries negligible financial risk.
- The opening cash balance of ₹428.85 crore in FY23 rose to ₹706.34 crore in FY24, supported by strong operating cash flows.
- IRCTC maintains high operating and net profit margins.
- Offers a dividend yield of 0.83% and an annual payout of ₹6.50 per share.
- Indian Railways holds a 62.4% stake, reflecting solid backing and stability.
Risks
- The Price-to-Earnings (P/E) ratio of 51.96 exceeds the industry average of 50.76, suggesting overvaluation.
- A significant portion of IRCTC’s revenue is tied to Indian Railways, making it vulnerable to policy or regulatory changes.
- The company relies heavily on ticketing and catering, with limited expansion into other revenue streams.
- Growing competition in the tourism sector may affect IRCTC’s non-ticketing revenue.
- Operating profit margin declined from 40.21% in FY23 to 36.81% in FY24, indicating rising cost challenges.
IRCTC Share Price History Chart
IRCTC Quarterly Income Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec23 |
| Revenue + | ₹1124Cr. | ₹1169Cr. | ₹1187Cr. | ₹1164Cr. |
| Expenses + | ₹707.26Cr | ₹759.34Cr. | ₹813.06Cr. | ₹742.99Cr. |
| EBITDA | ₹432.70Cr | ₹426.28Cr. | ₹395.32Cr. | ₹439.53Cr. |
| EBIT | ₹419.59Cr | ₹414.62Cr. | ₹387.58Cr. | ₹411.11Cr. |
| Net Profit | ₹307.82Cr | ₹307.68Cr. | ₹284.37Cr. | ₹300Cr. |
| Operating Profit Margin | 40.67% | 38.34% | 34.92% | 38.01% |
| Net Profit Margin | 28.93% | 27.38% | 24.12% | 27.76% |
| Earning Per Share | ₹3.85 | ₹3.85 | ₹3.55 | ₹3.75 |
| Dividends Per Share | 4.00 | 0.00 | 0.00 | 0.00 |
IRCTC Annual Income Report
| Description | Mar 24 | Mar 23 |
|---|---|---|
| Total Revenue | ₹4435Cr | ₹3662Cr |
| Total Expenses | ₹2880Cr | ₹2335Cr |
| Profit/Loss | ₹1111Cr | ₹1006Cr |
| Net Profit Margin | 26.02% | 28.40% |
| Earning Per Share | ₹13.89 | ₹12.57 |
| EBITDA | ₹1572 | ₹1424 |
| EBIT | ₹1515 | ₹1370 |
| Operating Profit Margin | 36.81% | 40.21% |
| Dividends Per share | 6.50 | 6.50 |
IRCTC Cash Flow
| Particulars | 2024 | 2023 |
|---|---|---|
| Opening Cash Balance | ₹428.85Cr. | ₹368.20Cr. |
| Cash Flow From Operating Activities | ₹882.17Cr | ₹811.73Cr. |
| Cash Flow From Investing Activities | ₹-200.35Cr | ₹-316.75Cr. |
| Cash Flow From Financing Activities | ₹-404.33Cr | ₹-434.35Cr. |
| Closing Cash Balance | ₹706.34Cr | ₹428.85Cr. |
| Net Change In Cash | ₹277.49 | ₹60.64 |
IRCTC Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹630 | ₹1070 |
| 2026 | ₹790 | ₹1260 |
| 2028 | ₹1180 | ₹1630 |
| 2030 | ₹1610 | ₹2140 |
| 2040 | ₹3160 | ₹3800 |
| 2050 | ₹4830 | ₹5560 |
IRCTC Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 62.40% |
| Other Domestic Institutions | 10.73% |
| Retail and Others | 16.43% |
| Foreign Institutions | 7.45% |
| Mutual Funds | 2.99% |
| Total | 100.00% |
How to Buy IRCTC Shares?
Buying and selling of IRCTC can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- groww
- Zerodha
- Angel One
- upstox
IRCTC Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| ITI telecom | ₹39.80KCr. | 124.99% | ₹2424 | ₹7822 |
| Indo Farm | ₹2.56LCr. | 22.77% | ₹2820 | ₹5674.75 |
| GTL Infrastructure | ₹12.70 KCr. | 15.74% | ₹137.03 | ₹217.59 |
| Tata Teleservices | ₹12.38KCr | 6.05% | ₹124.72 | ₹172.78 |
| Bharat Dynamics | ₹42.29 KCr | 31% | ₹776.05 | ₹1794.70 |
| Apollo Micro Systems | ₹3.94 KCr. | 4.75% | ₹87.99 | ₹147.55 |
| Bharat Electronics | ₹1.97 KCr | 43.07% | ₹171.70 | ₹340.35 |
Conclusion
IRCTC stands out as a financially sound company with impressive profitability and minimal financial risk. Its monopoly in the ticketing and catering segments ensures a strong market position, supported by the growing demand for its services. However, its high valuation and dependency on Indian Railways are notable concerns. Investors should weigh the company’s long-term growth prospects against external risks before making investment decisions.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
FAQs
Q1. What is the IRCTC share price target for 2025?
Ans: The expected share price target for IRCTC in 2025 is between ₹630 to ₹1070.
Q2. What is the IRCTC share price target for 2030?
Ans: IRCTC’s share price target for 2030 is projected to be between ₹1610 to ₹2140.
Q3. What is the IRCTC share price target for 2040?
Ans: The share price target for IRCTC in 2040 is expected to be between ₹3160 to ₹3800.
Q4. What is the IRCTC share price target for 2050?
Ans: IRCTC’s share price target for 2050 is likely to range between ₹4830 to ₹5560.