Indian Railway Catering And Tourism Corporation Limited
Indian Railway Catering & Tourism Corporation Limited engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. The company operates through four segments: Catering & Hospitality, Travel & Tourism, Internet Ticketing, and Packaged Drinking Water. It provides mobile catering services for Vande Bharat, Rajdhani, Shat… Read more
Indian Railway Catering And Tourism Corporation Limited (IRCTC) - Net Assets
Latest net assets as of September 2025: ₹42.61 Billion INR
Based on the latest financial reports, Indian Railway Catering And Tourism Corporation Limited (IRCTC) has net assets worth ₹42.61 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹76.31 Billion) and total liabilities (₹33.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹42.61 Billion |
| % of Total Assets | 55.83% |
| Annual Growth Rate | 20.1% |
| 5-Year Change | 151.64% |
| 10-Year Change | 316.44% |
| Growth Volatility | 14.03 |
Indian Railway Catering And Tourism Corporation Limited - Net Assets Trend (2013–2025)
This chart illustrates how Indian Railway Catering And Tourism Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indian Railway Catering And Tourism Corporation Limited (2013–2025)
The table below shows the annual net assets of Indian Railway Catering And Tourism Corporation Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹36.63 Billion | +13.42% |
| 2024-03-31 | ₹32.30 Billion | +30.32% |
| 2023-03-31 | ₹24.78 Billion | +31.56% |
| 2022-03-31 | ₹18.84 Billion | +29.40% |
| 2021-03-31 | ₹14.56 Billion | +10.81% |
| 2020-03-31 | ₹13.14 Billion | +25.98% |
| 2019-03-31 | ₹10.43 Billion | +9.25% |
| 2018-03-31 | ₹9.55 Billion | +21.35% |
| 2017-03-31 | ₹7.87 Billion | -10.59% |
| 2016-03-31 | ₹8.80 Billion | +47.78% |
| 2015-03-31 | ₹5.95 Billion | +26.23% |
| 2014-03-31 | ₹4.72 Billion | +15.87% |
| 2013-03-31 | ₹4.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indian Railway Catering And Tourism Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 944.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹28.38 Billion | 77.48% |
| Common Stock | ₹1.60 Billion | 4.37% |
| Other Comprehensive Income | ₹6.65 Billion | 18.15% |
| Total Equity | ₹36.63 Billion | 100.00% |
Indian Railway Catering And Tourism Corporation Limited Competitors by Market Cap
The table below lists competitors of Indian Railway Catering And Tourism Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PTT GLBL CHEM.-NVDR- BA10
F:GCB1
|
$1.83 Billion |
|
Apar Industries Limited
NSE:APARINDS
|
$1.83 Billion |
|
Jinke Property Group Co Ltd
SHE:000656
|
$1.83 Billion |
|
AB Electrolux (publ)
PINK:ELRXF
|
$1.83 Billion |
|
Dongfang Electric Corporation Limited
PINK:DNGFF
|
$1.83 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$1.83 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
$1.83 Billion |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
$1.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indian Railway Catering And Tourism Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,297,884,000 to 36,633,649,000, a change of 4,335,765,000 (13.4%).
- Net income of 13,149,024,000 contributed positively to equity growth.
- Dividend payments of 8,800,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 350,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹13.15 Billion | +35.89% |
| Dividends Paid | ₹8.80 Billion | -24.02% |
| Other Comprehensive Income | ₹350.00 Million | +0.96% |
| Other Changes | ₹-363.26 Million | -0.99% |
| Total Change | ₹- | 13.42% |
Book Value vs Market Value Analysis
This analysis compares Indian Railway Catering And Tourism Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 144.48x to 11.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹3.65 | ₹526.95 | x |
| 2014-03-31 | ₹4.34 | ₹526.95 | x |
| 2015-03-31 | ₹5.55 | ₹526.95 | x |
| 2016-03-31 | ₹8.76 | ₹526.95 | x |
| 2017-03-31 | ₹9.83 | ₹526.95 | x |
| 2018-03-31 | ₹11.93 | ₹526.95 | x |
| 2019-03-31 | ₹13.04 | ₹526.95 | x |
| 2020-03-31 | ₹16.42 | ₹526.95 | x |
| 2021-03-31 | ₹18.20 | ₹526.95 | x |
| 2022-03-31 | ₹23.55 | ₹526.95 | x |
| 2023-03-31 | ₹30.98 | ₹526.95 | x |
| 2024-03-31 | ₹40.37 | ₹526.95 | x |
| 2025-03-31 | ₹45.80 | ₹526.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indian Railway Catering And Tourism Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 35.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.13%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.86x
- Recent ROE (35.89%) is above the historical average (29.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.10% | 9.16% | 0.77x | 2.97x | ₹323.73 Million |
| 2014 | 21.97% | 8.33% | 0.95x | 2.78x | ₹415.16 Million |
| 2015 | 29.40% | 12.33% | 0.91x | 2.62x | ₹862.03 Million |
| 2016 | 28.16% | 14.43% | 0.90x | 2.16x | ₹1.27 Billion |
| 2017 | 29.12% | 15.09% | 0.83x | 2.32x | ₹1.50 Billion |
| 2018 | 23.11% | 15.06% | 0.63x | 2.43x | ₹1.25 Billion |
| 2019 | 29.59% | 16.51% | 0.72x | 2.48x | ₹2.04 Billion |
| 2020 | 39.05% | 22.66% | 0.70x | 2.47x | ₹3.82 Billion |
| 2021 | 12.85% | 24.08% | 0.25x | 2.17x | ₹414.45 Million |
| 2022 | 35.01% | 35.12% | 0.49x | 2.04x | ₹4.71 Billion |
| 2023 | 40.59% | 28.40% | 0.70x | 2.05x | ₹7.58 Billion |
| 2024 | 34.40% | 26.02% | 0.70x | 1.89x | ₹7.88 Billion |
| 2025 | 35.89% | 28.13% | 0.69x | 1.86x | ₹9.49 Billion |
Industry Comparison
This section compares Indian Railway Catering And Tourism Corporation Limited's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,854,674,464
- Average return on equity (ROE) among peers: -104.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indian Railway Catering And Tourism Corporation Limited (IRCTC) | ₹42.61 Billion | 21.10% | 0.79x | $1.83 Billion |
| Easy Trip Planners Limited (EASEMYTRIP) | $1.01 Billion | 32.58% | 1.86x | $136.29 Million |
| Le Travenues Technology Ltd (IXIGO) | $3.87 Billion | 5.59% | 0.51x | $371.04 Million |
| TBO Tek Ltd (TBOTEK) | $2.32 Billion | 14.54% | 4.48x | $453.62 Million |
| Thomas Cook (India) Limited (THOMASCOOK) | $1.45 Billion | 19.39% | 0.77x | $106.95 Million |
| Yatra Online Limited (YATRA) | $624.50 Million | -592.38% | 16.61x | $62.46 Million |