Indian Railway Catering and Tourism Corporation Ltd (IRCTC) is a subsidiary of Indian Railways that was established in 1999. It is responsible for catering, tourism, and online ticketing services for Indian Railways. IRCTC has revolutionized the way people travel in India by providing easy access to train tickets and offering a range of tourism packages.
Fundamentals of Indian Railway Catering And Tourism Corporation
Here is the fundamentals of Indian Railway Catering And Tourism Corporation
Market Cap: ₹ 51,508
As of 4/14/2023, Indian Railway Catering And Tourism Corporation’s market cap was ₹ 51,508, indicating its overall size and value in the market.
PE Ratio: 54.75
PE Ratio: 54.75 as of 4/14/2023, indicating how much investors are willing to pay for each dollar of the company’s earnings.
EBITDA Margin (%): 46.79 %
Indian Railway Catering And Tourism Corporation’s EBITDA margin was 46.79 %, indicating the company’s earnings before interest, taxes, depreciation, and amortization as a percentage of its revenue.
Revenue Growth 1-Year (%): 142 %
Over the past year, Indian Railway Catering And Tourism Corporation’s revenue growth was 142 %, indicating its growth or decline in revenue over the last 12 months.
Net Profit Growth 1-Year (%): >254.86 %
Over the past year, Indian Railway Catering And Tourism Corporation’s net profit was 254.86 % as 1 Year net profit %, indicating its growth or decline in profits over the last 12 months.
Indian Railway Catering And Tourism Corporation Share Price Target Prediction Using Fundamentals
Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has shown impressive growth in the past year, with a revenue growth of 142% and a net profit growth of 254.86%. The company’s EBITDA margin of 46.79% indicates strong operational efficiency. However, the current PE ratio of 54.75 suggests that the stock may be overvalued.
Looking ahead, IRCTC is well-positioned to benefit from the growing demand for travel and tourism in India. The company’s monopoly on online railway ticket bookings and its expanding catering and tourism businesses provide a diversified revenue stream. Additionally, the government’s focus on infrastructure development and tourism promotion is expected to further boost IRCTC’s growth prospects.
Overall, IRCTC’s strong financial performance and growth potential make it an attractive investment opportunity. However, investors should closely monitor the stock’s valuation and keep an eye on any potential regulatory risks.
Indian Railway Catering And Tourism Corporation Share Price Targets
After analyzing the fundamentals of Indian Railway Catering And Tourism Corporation, Here are the share price targets the Indian Railway Catering And Tourism Corporation company shown in the table below.
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2023 | 674 | 704 |
| 2024 | 734 | 764 |
| 2025 | 794 | 824 |
| 2026 | 854 | 884 |
| 2027 | 914 | 944 |
| 2028 | 974 | 1004 |
| 2029 | 1184 | 1364 |
| 2030 | 1544 | 1724 |
Indian Railway Catering And Tourism Corporation Share Price Target 2023
As per fundamental analysis and chart analysis which we did, we got few share prediction for
The target share price of Indian Railway Catering And Tourism Corporation for the year 2023, the 1st target could be ₹674 and 2nd target is around ₹704
Indian Railway Catering And Tourism Corporation Share Price Target 2024
The target share price of Indian Railway Catering And Tourism Corporation for the year 2024, the 1st target could be ₹734 and 2nd target is around ₹764
Indian Railway Catering And Tourism Corporation Share Price Target 2025
The target share price of Indian Railway Catering And Tourism Corporation for the year 2025, the 1st target could be ₹794 and 2nd target is around ₹824
Indian Railway Catering And Tourism Corporation Share Price Target 2026
The target share price of Indian Railway Catering And Tourism Corporation for the year 2026, the 1st target could be ₹854 and 2nd target is around ₹884
Indian Railway Catering And Tourism Corporation Share Price Target 2027 to 2030
The target share price of Indian Railway Catering And Tourism Corporation for the years 2027, 2028, 2029, and 2030 will be ₹914, ₹974, ₹1184, and ₹1544 respectively.
