IRCTC Share Price Target 2025, 2026, 2027, 2028, 2029, 2030 and 2040

IRCTC share price target 2025, 2026, 2027, 2028, 2029, 2030 and 2040 is expected range is ₹950 to ₹3,860 per equity share. IRCTC’s recent market cap is ₹75,460 Crores Plus.

IRCTC ( Indian Railway Catering & Tourism Corporation Ltd ) Recent Fundamental Details

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IRCTC Net Revenue and Profit After Tax Future Prediction

IRCTC Share Future Analysis By MoneyControl

IRCTC Share Price Target 2025

IRCTC Share Price Target 2026

IRCTC Share Price Target 2027

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IRCTC Share Price Target 2028

IRCTC Share Price Target 2029

IRCTC Share Price Target 2030

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IRCTC Share Price Target 2040

IRCTC Long-Term Return Chart

IRCTC Financial Performance Year

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Details About IRCTC Business

One of the popular PSU (public sector undertaking) companies in India is IRCTC, whose full name is Indian Railway Catering & Tourism Corporation Limited. This company was established under the Ministry of Railways, Government of India, on 27th September 1999. The government established this company to provide improved catering services in Indian railways, upgrade hospitality services at railway stations, and improve domestic and international tourism in India.

IRCTC was listed on the Indian stock exchanges NSE and BSE on Monday, October 14, 2019. After listing this company has given more than 500% return. The main reason behind this massive growth of IRCTC is the monopoly business of IRCTC. There is no company other than IRCTC in this sector or it can be said that the Government of India has created an entry barrier. Currently, IRCTC earns the most revenue from online ticket booking services. Also, this company has its own Packaged Drinking Water brand known as Rail Neer. For more details please visit IRCTC’s official website.

The main services offered by IRCTC are:

• Internet Ticket Booking
• Catering & Hospitality Service
• Travel &Tourism
• Travel Insurance
• Flight Bookings
• Hotel Bookings
• Packaged Drinking Water Bottle (Rail Neer)

IRCTC Business Growth Rate Year on Year Basis

Is IRCTC a good buy for long term?

Yes, IRCTC is good for long-term investment purposes. But before investing, it is very important to see the positive and negative aspects of this company. So here we will discuss some pros and cons of this company.

• Pros
  1. Monopoly in the Market: IRCTC is the single largest player in online railway ticket booking and railway catering services. Being a government company, the government has not allowed any private company to enter this sector except IRCTC, so the company alone has occupied the entire market share, which is a competitive advantage of IRCTC.
  2. Diversified Business: IRCTC has multiple revenue sources like online railway ticket booking, catering, travel insurance, hotel bookings, bus bookings, flight bookings, tour packages, mobile and DTH recharge, etc. The company also sells packaged drinking water brand Rail Neer. Recently, the Indian government announced a super app launch to provide all the services of IRCTC in one place.
  3. Digital Adoption Growth: Currently, most people prefer online ticket booking instead of buying tickets from the platform. Besides, the number of users using the internet and mobile is increasing equally. So it can be said that the online ticket booking business of IRCTC will increase in the future.
  4. Strong Fundamental: Massive growth is seen in IRCTC net sales and profit after tax. Year on year basis, as sales and profit increase, the company’s reserve amount has also increased and debt has decreased, which indicates the company’s strong fundamental growth.
• Cons:
  1. High Valuation: IRCTC’s current P/E ratio is 63, which is relatively high compared to its industry average, indicating that the stock might be overvalued.
  2. Economic Slowdowns: The entire business of IRCTC is related to travel and tourism, including online train ticket booking. So due to an economic slowdown or epidemics like COVID-19, the business of this company can have a very bad impact.
  3. Regulatory Risk: As IRCTC is a government company if the government changes its policy on railways at any time or introduces any new rule, its full impact can affect the company’s business.

IRCTC Recent Share-Holding Pattern

FAQ

Disclaimer:

All information provided by us is for information only. We are not SEBI registered. We do not guarantee that any company’s share price will increase or decrease in the future. Because the future can only be predicted, not when it will happen, the share price may be above or below the target given by us in the future. So please do not trade or invest based on our share price target. Check company fundamentals and consult your financial expert before investing and trading.