IRCTC, or Indian Railway Catering and Tourism Corporation Ltd, was established in 1999 and is a public sector undertaking based in India that has revolutionized the Indian Railways. IRCTC has a strong team of employees, which reaches up to 1,350 in number as of 2024 and specializes in ticketing, catering, and tourism.
Its online sales service has revolutionised railway ticket reservation and its product portfolio in tourism and catering has become an essential part of the Indian travelling industry. For more information, visit their official website at https://irctc.co.in.
Current Market OverviewÂ
- Open: ₹925Â
- High: ₹948Â
- Low: ₹921Â
- Market Cap: ₹74.52K croreÂ
- P/E Ratio: 62.94Â
- Dividend Yield: 0.70%Â
- 52-Week High: ₹1138.90Â
- 52-Week Low: ₹635.55
- Current Price: ₹933.50
IRCTC Share Price Target Tomorrow From 2024 to 2030Â
Below mentioned are the estimated share prices of IRCTC Ltd. for the upcoming years, based on market valuation, industry trends, and expert predictions.
| S.No. | NIIT Share Price Target Years | SHARE PRICE TARGET |
| 1. | 2024 | ₹1000 |
| 2. | 2025 | ₹1190 |
| 3. | 2026 | ₹1230 |
| 4. | 2027 | ₹1410 |
| 5. | 2028 | ₹1550 |
| 6. | 2029 | ₹1610 |
| 7. | 2030 | ₹1700 |
Shareholding Pattern For IRCTC Share PriceÂ
- Promoters: 67.40%Â
- Retail and Others: 21.65%Â
- Mutual Funds: 7.85%Â
- Foreign Institutions: 2.75%Â
- Other Domestic Institutions: 0.35%
IRCTC Annual Income Statement
The data given in the chart shows the comparison between revenue and net profit of IRCTC.
For more detailed information regarding the Income Statement of 2024, go through the following data.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 11.20B | 11.82% (+) |
| Operating Expenses | 564.99M | 1.24% (+) |
| Net Income | 3.08B | 32.51% (+) |
| Net Profit Margin | 27.47 | 18.51% (+) |
| Earning Per Share | 3.83 | 13.24% (+) |
| EBITDA | 3.68B | 9.44% (+) |
| Effective Tax Rate | 25.28% | N/A |
Challenges For IRCTC Share PriceÂ
Market Competition
Currently, IRCTC is the only player in the railway ticketing segment, but the entry of new players in the form of private train operators and changes in government policies may pose a threat to its operations.Â
Regulatory Changes
Fluctuations in government policies and legislation concerning railway operations, ticketing services, or public-private models may affect IRCTC’s business model and its revenues.Â
Operational Challenges
The vast array of services, ranging from catering to tourism, requires a great amount of management on the operational level, which may lead to problems with productivity and quality of services.Â
Technological Disruptions
The fast-growing technology and the ever-changing nature of the internet environment that requires constant modification of the online environment to retain the audience’s interest and protect them from cyber threats are ongoing issues.Â
Economic Fluctuations
Changes in economic cycles or even slow growth may mean that passengers or people will not be able to afford to travel or engage in tourism activities as they used to, thus affecting the revenues.Â
Infrastructure Development
Problems in infrastructure construction and maintenance, including railway stations and other structures, can hinder services and productivity.
