I R C T C Share Price ₹463 | P/E 26.8

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of I R C T C

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	965	1,002	992	1,118	1,155	1,118	1,064	1,225	1,269	1,160	1,146	1,449	1,460
Expenses +	640	659	626	724	792	743	691	808	883	762	742	984	1,061
Operating Profit	325	343	367	394	363	375	373	417	385	397	404	465	399
OPM %	34%	34%	37%	35%	31%	34%	35%	34%	30%	34%	35%	32%	27%
Other Income +	65	-13	47	31	41	54	60	56	107	61	69	81	67
Interest	4	4	4	5	5	3	3	3	8	4	4	5	5
Depreciation	11	14	14	14	16	14	13	13	12	12	11	12	14
Profit before tax	375	312	395	406	382	412	417	457	472	442	457	529	447
Tax %	26%	26%	25%	26%	26%	25%	26%	25%	24%	25%	25%	25%	27%
Net Profit +	279	232	295	300	284	308	308	341	358	330	342	394	327
EPS in Rs	3.48	2.90	3.68	3.75	3.55	3.85	3.85	4.27	4.47	4.13	4.27	4.93	4.08

Financials of I R C T C

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,059	1,367	1,520	1,466	1,870	2,264	777	1,879	3,541	4,260	4,675	5,215
Expenses +	907	1,176	1,206	1,192	1,487	1,562	589	1,005	2,265	2,794	3,124	3,549
Operating Profit	152	190	314	274	383	703	188	874	1,276	1,466	1,551	1,666
OPM %	14%	14%	21%	19%	20%	31%	24%	47%	36%	34%	33%	32%
Other Income +	82	139	67	99	126	77	124	72	148	106	276	277
Interest	0	0	3	3	2	10	8	11	16	19	17	18
Depreciation	20	21	22	24	29	40	46	49	54	57	53	50
Profit before tax	214	309	355	346	479	730	258	885	1,354	1,496	1,757	1,875
Tax %	39%	39%	35%	36%	36%	30%	27%	26%	26%	26%	25%	26%
Net Profit +	131	189	229	221	309	513	187	660	1,006	1,111	1,315	1,393
EPS in Rs	13.06	18.86	11.45	11.03	3.86	6.41	2.34	8.24	12.57	13.89	16.43	17.42
Dividend Payout %	20%	40%	49%	21%	98%	39%	43%	42%	44%	47%	49%	52%

Financials of I R C T C

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	20	20	40	40	160	160	160	160	160	160	160	160
Reserves	424	522	747	915	911	1,154	1,296	1,710	2,318	3,070	3,503	4,148
Borrowings +	0	0	0	0	0	0	79	105	84	60	90	81
Other Liabilities +	718	895	1,040	1,365	1,523	1,928	1,618	1,909	2,526	2,801	3,046	3,190
Total Liabilities	1,162	1,437	1,826	2,319	2,594	3,241	3,153	3,884	5,089	6,091	6,799	7,579
Fixed Assets +	155	159	170	190	182	285	311	335	351	343	813	839
CWIP	16	14	17	8	40	16	24	26	34	443	27	42
Investments	0	0	0	0	0	0	0	0	0	0	25	25
Other Assets +	990	1,264	1,639	2,122	2,372	2,941	2,818	3,522	4,704	5,306	5,934	6,674
Total Assets	1,162	1,437	1,826	2,319	2,594	3,241	3,153	3,884	5,089	6,091	6,799	7,579

Financials of I R C T C

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	69	288	338	24	499	409	248	524	812	882	834
Cash from Investing Activity +	-46	7	94	40	-353	8	-453	-242	-317	-215	-239
Cash from Financing Activity +	-17	-31	-136	-57	-179	-280	-47	-258	-434	-404	-910
Net Cash Flow	6	263	296	7	-33	137	-252	23	61	262	-316
Free Cash Flow	-1	266	306	-11	445	374	170	503	744	650	787
CFO/OP	91%	208%	152%	55%	173%	95%	167%	92%	97%	91%	80%

Financials of I R C T C

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	51	43	70	137	115	125	245	111	118	118	135	132
Inventory Days	15	13	11	11	23	26	50	27	18	16	15
Days Payable	62	80	237	218	568	451	4,492	2,391	1,595	1,483	1,371
Cash Conversion Cycle	4	-24	-157	-70	-430	-300	-4,197	-2,252	-1,459	-1,349	-1,221	132
Working Capital Days	-20	-51	-35	-10	-65	-35	-137	-29	3	20	56	40
ROCE %		63%	54%	40%	44%	62%	16%	51%	59%	54%	49%	46%

Sapphire Foods (Q1 FY27)
Overall, consolidated revenue grew 15% in Q1 FY ‘27, the best in 11 quarters, with 37% adjusted EBITDA growth. Key concall takeaways from Sapphire Foods India…
SPECIALITY (Q1 FY27)
Delivery business has grown to 29% of total revenue, complementing dine-in growth, driven by increased consumption occasions and digital-first brands like…
Royal Orch.Hotel (Q1 FY27)
Consolidated revenue grew 38.5% in Q1 FY27, driven by new openings and existing portfolio growth. Key concall takeaways from Royal Orchid Hotels Ltd's Q1 FY27…
Apeejay Surrend. (Q1 FY27)
70-80 crores cash flow this year, Rs. Key concall takeaways from Apeejay Surrendra Park Hotels Ltd's Q1 FY27 earnings call — and how it ranks against sector…

I R C T C Q1 FY27 Share Price & Earnings Call Analysis