Indian Railway Catering And Tourism Corporation Limited (IRCTC) - Net Assets

Latest as of September 2025: Rs42.61 Billion INR ≈ $460.79 Million USD

Based on the latest financial reports, Indian Railway Catering And Tourism Corporation Limited (IRCTC) has net assets worth Rs42.61 Billion INR (≈ $460.79 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs76.31 Billion ≈ $825.30 Million USD) and total liabilities (Rs33.71 Billion ≈ $364.51 Million USD). 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. Check how resilient are Indian Railway Catering And Tourism Corp's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs42.61 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. Also explore balance sheet size of Indian Railway Catering And Tourism Corp for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Indian Railway Catering And Tourism Corp market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs36.63 Billion ≈ $396.18 Million	+13.42%
2024-03-31	Rs32.30 Billion ≈ $349.29 Million	+30.32%
2023-03-31	Rs24.78 Billion ≈ $268.03 Million	+31.56%
2022-03-31	Rs18.84 Billion ≈ $203.73 Million	+29.40%
2021-03-31	Rs14.56 Billion ≈ $157.44 Million	+10.81%
2020-03-31	Rs13.14 Billion ≈ $142.08 Million	+25.98%
2019-03-31	Rs10.43 Billion ≈ $112.78 Million	+9.25%
2018-03-31	Rs9.55 Billion ≈ $103.23 Million	+21.35%
2017-03-31	Rs7.87 Billion ≈ $85.06 Million	-10.59%
2016-03-31	Rs8.80 Billion ≈ $95.13 Million	+47.78%
2015-03-31	Rs5.95 Billion ≈ $64.38 Million	+26.23%
2014-03-31	Rs4.72 Billion ≈ $51.00 Million	+15.87%
2013-03-31	Rs4.07 Billion ≈ $44.01 Million	--

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	Rs28.38 Billion	77.48%
Common Stock	Rs1.60 Billion	4.37%
Other Comprehensive Income	Rs6.65 Billion	18.15%
Total Equity	Rs36.63 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
Doosan Bobcat Inc KO:241560	$4.67 Billion
Meritage Corporation NYSE:MTH	$4.67 Billion
West Fraser Timber Co Ltd TO:WFG	$4.67 Billion
RTL GROUP UNSP.ADR 10 F:RRTU	$4.67 Billion
Ternium SA DRC BA:TXR	$4.67 Billion
LG Uplus KO:032640	$4.67 Billion
Frontdoor Inc NASDAQ:FTDR	$4.67 Billion
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd SHG:600332	$4.66 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	Rs13.15 Billion	+35.89%
Dividends Paid	Rs8.80 Billion	-24.02%
Other Comprehensive Income	Rs350.00 Million	+0.96%
Other Changes	Rs-363.26 Million	-0.99%
Total Change	Rs-	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: 11.78x
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 147.94x to 11.78x 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	Rs3.65	Rs539.55	x
2014-03-31	Rs4.34	Rs539.55	x
2015-03-31	Rs5.55	Rs539.55	x
2016-03-31	Rs8.76	Rs539.55	x
2017-03-31	Rs9.83	Rs539.55	x
2018-03-31	Rs11.93	Rs539.55	x
2019-03-31	Rs13.04	Rs539.55	x
2020-03-31	Rs16.42	Rs539.55	x
2021-03-31	Rs18.20	Rs539.55	x
2022-03-31	Rs23.55	Rs539.55	x
2023-03-31	Rs30.98	Rs539.55	x
2024-03-31	Rs40.37	Rs539.55	x
2025-03-31	Rs45.80	Rs539.55	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	Rs323.73 Million
2014	21.97%	8.33%	0.95x	2.78x	Rs415.16 Million
2015	29.40%	12.33%	0.91x	2.62x	Rs862.03 Million
2016	28.16%	14.43%	0.90x	2.16x	Rs1.27 Billion
2017	29.12%	15.09%	0.83x	2.32x	Rs1.50 Billion
2018	23.11%	15.06%	0.63x	2.43x	Rs1.25 Billion
2019	29.59%	16.51%	0.72x	2.48x	Rs2.04 Billion
2020	39.05%	22.66%	0.70x	2.47x	Rs3.82 Billion
2021	12.85%	24.08%	0.25x	2.17x	Rs414.45 Million
2022	35.01%	35.12%	0.49x	2.04x	Rs4.71 Billion
2023	40.59%	28.40%	0.70x	2.05x	Rs7.58 Billion
2024	34.40%	26.02%	0.70x	1.89x	Rs7.88 Billion
2025	35.89%	28.13%	0.69x	1.86x	Rs9.49 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: $4,772,431,668
Average return on equity (ROE) among peers: -135.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Indian Railway Catering And Tourism Corporation Limited (IRCTC)	Rs42.61 Billion	21.10%	0.79x	$4.67 Billion
Easy Trip Planners Limited (EASEMYTRIP)	$153.34 Million	23.25%	2.46x	$309.14 Million
Le Travenues Technology Ltd (IXIGO)	$6.36 Billion	9.46%	0.42x	$796.29 Million
TBO Tek Ltd (TBOTEK)	$11.95 Billion	19.24%	4.20x	$1.45 Billion
Yatra Online Limited (YATRA)	$624.50 Million	-592.38%	16.61x	$179.10 Million

About Indian Railway Catering And Tourism Corporation Limited

NSE:IRCTC India Travel Services

Market Cap

$4.67 Billion

Rs431.64 Billion INR

Market Cap Rank

#3758 Global

#161 in India

Share Price

Rs539.55

Change (1 day)

-1.92%

52-Week Range

Rs494.50 - Rs809.05

All Time High

Rs1145.18