IR

Indian Railway Catering & Tourism Corporation Ltd

Q4 FY26Leisure Services

Indian Railway Catering & Tourism Corporation Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹484
Market cap₹39.8K Cr
P/E28.8
Updated23 Aug 2026
Read4 min read

The short version

IRCTC expects continued revenue growth driven by key segments: - Catering segment is projected to maintain around 15% growth. IRCTC recorded strong financials in FY 2025-26 with revenue growth of ~12%, EBITDA growth of ~7.5%, and PAT growth of ~6.7%.

From Indian Railway Catering & Tourism Corporation Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • IRCTC expects continued revenue growth driven by key segments:
  • Catering segment is projected to maintain around 15% growth.
  • Tourism segment aims for approximately 20% growth in the coming year.
  • IT business targets about 7% growth, focusing on increasing non-convenience fees via unified portal and iPay initiatives (~10%).
  • Rail Neer segment is expanding capacity, potentially increasing sales volumes with new and upgraded plants underway.
  • The company aims to diversify revenue mix beyond e-ticketing, which shows moderating ticket growth despite strong digital adoption.
  • Long-term sustainable margin target around 30% despite some short-term margin pressures due to exceptional items.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Indian Railway Catering & Tourism Corporation Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • IRCTC is an asset-light company focusing on investing in its digital platform infrastructure.
  • Key capital allocation priorities over the next few years include:
  • Enhancing the e-ticketing platform for improved convenience and security.
  • Expansion of Rail Neer plants: four additional new plants plus expansion of two existing plants (Ambernath and Danapur).
  • Entry and expansion in hotel business.

2 more points management made on capital expenditure plans

Top-ranked in Leisure Services

Ranked on what management guided this quarter

5x potential
Rev 2Mar 1
2Jubilant Food.
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Indian Railway Catering & Tourism Corporation Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript provided does not mention any specifics regarding IRCTC's current or expected order book or pending orders. The discussion primarily focuses on financial performance, segment-wise growth, margin drivers, partnerships, operational updates, and outlook on various business lines such as catering, tourism, Rail Neer, and internet ticketing. There are no details or disclosures related to order book status, new contracts, or pending orders in the available content.

Indian Railway Catering & Tourism Corporation Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.5K Cr, net profit ₹327 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Leisure Services this season

  • ITC Hotels Ltd (Q4 FY26)

    Q4 FY26 Consolidated Revenue from Operations: ₹1,254 crore, up 18% YoY (Page 2, 13, 39) . Key concall takeaways from ITC Hotels Ltd's Q4 FY26 earnings call…

  • TajGVK Hotels & Resorts Ltd (Q4 FY26)

    64 Cr (Green Woods Palaces & Resorts Pvt Ltd JV), Rs. Key concall takeaways from TajGVK Hotels & Resorts Ltd's Q4 FY26 earnings call — and how it ranks against…

  • EIH Associated Hotels Ltd (Q4 FY26)

    Q4FY26 Revenue from Operations: ₹127.2 crores, down from ₹139.9 crores in Q4FY25 (approx. Key concall takeaways from EIH Associated Hotels Ltd's Q4 FY26…

  • Easy Trip Planners Ltd (Q4 FY26)

    Q4 FY26 Revenue from Operations: INR 152 crore . Key concall takeaways from Easy Trip Planners Ltd's Q4 FY26 earnings call — and how it ranks against sector…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Indian Railway Catering & Tourism Corporation Ltd Q4 FY26 results?

IRCTC expects continued revenue growth driven by key segments: - Catering segment is projected to maintain around 15% growth. IRCTC recorded strong financials in FY 2025-26 with revenue growth of ~12%, EBITDA growth of ~7.5%, and PAT growth of ~6.7%.

What is Indian Railway Catering & Tourism Corporation Ltd share price analysis?

Indian Railway Catering & Tourism Corporation Ltd currently shows a neutral. The stock trades at a P/E of 28.8 with a market cap of ₹39,800 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indian Railway Catering & Tourism Corporation Ltd planning capital expenditure?

IRCTC is an asset-light company focusing on investing in its digital platform infrastructure.

Keep Indian Railway Catering & Tourism Corporation Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.