Indian Railway Catering & Tourism Corporation (IRCTC) Investor presentation summary

Company overview and milestones

• Sole authorized digital rail travel platform in India, holding Navratna CPSE status with 62.4% government ownership.

• Upgraded to Navratna status in March 2025 for consistent financial and operational performance.

• Only provider of online railway ticketing, catering, and packaged drinking water for Indian Railways.

• Key milestones include internet ticketing launch (2002), Railneer plant (2003), public listing (2019), and Navratna status (2025).

• Ranked 486th in Fortune India 500 in 2023.

Business segments and market leadership

• Internet ticketing accounts for 29% of revenue, with over 88% market share in online bookings and 14.58 lakh tickets booked daily.

• Catering contributes 46% of revenue, serving 16 lakh meals daily through mobile, static, and e-catering services.

• Packaged drinking water (Rail Neer) holds 7% revenue share, with 20 plants and 76.99% capacity utilization.

• Travel and tourism segment offers domestic/international packages, luxury trains, and special charters, contributing 17% of revenue.

Financial performance

• FY26 revenue from operations reached ₹5,215 Cr, EBITDA ₹1,666 Cr, and PAT ₹1,393 Cr.

• EBITDA margin at 32%, PAT margin at 27%, and RoNW at 32% for FY26.

• Dividend payout ratio increased to 52% in FY26.

• Internet ticketing segment maintains high profit margins (83%), while catering and travel/tourism segments show improving profitability.