IRCTC
Indian Railway Catering And Tourism Corporation Limited
NSELast Traded Price
₹486.4
-1.15 (-0.24%)
Open
₹487.55
High
₹489
Low
₹484.7
Prev Close
₹487.55
Industry
Tour Travel Related Services
Market Cap
38912.00 Cr
Filing History
Recent corporate announcements and filings for IRCTC
Governance
Negative
2026-08-26 09:58
CRITICAL RED FLAG DETECTED
- IRCTC received notices from BSE and NSE for non-compliance with SEBI (LODR) Regulations for Q1 FY27 (quarter ended June 30, 2026). The non-compliance pertains to the composition of its Board of Directors. Fines of ₹10,23,060/- each were imposed by BSE & NSE.
Business Update
Positive
2026-08-19 13:51
- Q1 FY27 consolidated revenue grew 18.10% YoY to INR1,370 crores, with PAT at INR330 crores.- EBITDA declined 2.77% YoY to INR386 crores, with an EBITDA margin of 28.17%, primarily due to changes in revenue mix and one-off HR costs in the catering segment.
- Catering revenue grew 33.82% YoY to INR732 crores, with management expecting margins to revert to 10-12% as one-off impacts subside.
- Internet Ticketing EBITDA margin dipped from 84-85% to 80% due to investments in NGET Infra Refresh (~INR150 crores) and disaster recovery, and temporary removal of ad revenue from the new beta website for customer experience. Management aims to bring non-convenience fee revenue back to INR150 crores.
- Rail Neer margins contracted due to increased material costs (resin component) from the West Asia crisis; capacity augmentation for two existing plants is expected this year, with four new plants coming online beyond FY27.
- Future outlook includes expanding iPay services post RBI license approval, developing a unified portal for tourism and ticketing to cross-sell services, and the introduction of ~20 Vande Bharat sleeper trains in FY27 or next year, which will boost licensing and catering revenue.
- Management acknowledged that internet ticketing convenience fees have not increased with inflation for seven years, impacted by UPI usage, and is an area of concern they will address.
Business Update
Neutral
2026-08-19 13:38
- Indian Railway Catering and Tourism Corporation (IRCTC) management will participate in non-deal roadshows with prospective investors.
- Dates: 24th and 25th August 2026.
- Location: Mumbai.
- Discussions will include the Company's Q1 FY27 results and the attached Corporate Presentation.
- No Unpublished Price Sensitive Information (UPSI) will be disclosed.
Business Update
Positive
2026-08-14 22:55
- IRCTC management will conduct non-deal roadshows in Mumbai on August 19 & 21, 2026.
- Discussions will cover Q1 FY27 results and the Corporate Presentation, which showed FY26 revenue of ₹5,215 Cr and Q1 FY27 Internet Ticketing profit of ₹290 Cr.
Governance
Neutral
2026-08-14 17:12
- IRCTC appointed Dr. Sachin Balkrishna Sabnis as an Additional Director (Independent Director) effective August 13, 2026.
- Dr. Sabnis is confirmed not to be debarred, not related to any Director/KMP of the company, and holds no shares.
Business Update
Neutral
2026-08-13 20:05
- IRCTC has uploaded the audio recording of the Earnings Conference Call on Q1FY27 results.
- The call was held on Thursday, August 13, 2026.
Governance
Neutral
2026-08-13 19:24
- IRCTC announced the appointment of Shri Sachin Balkrishna Sabnis as a Non-Official Director on its Board.
- The appointment, by the Ministry of Railways, Government of India, is for a period of three years with immediate effect.
Financials
Negative
2026-08-12 20:35
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹1,369.53 Cr vs ₹1,159.68 Cr (▲18.1% YoY)
- EBITDA ₹386.68 Cr vs ₹397.27 Cr (▼2.7% YoY)
- PAT ₹330.16 Cr vs ₹330.70 Cr (▼0.2% YoY)
- EBITDA Margin 28.2% vs 34.3% (▼610 bps)
- Auditor highlighted ongoing sub-judice matters regarding catering tariff license fee enhancement not recognized in financials.
- Auditor also noted non-recognition of input tax credit claims due to non-sharing of data and legal disputes with DCOs.
- Company is facing an ongoing National Anti-Profiteering Authority notice of ₹50.41 Cr for alleged profiteering on Railneer water, currently before GSTAT.
Financials
Negative
2026-08-12 20:26
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹1,369.53Cr vs ₹1,159.68Cr (▲18.10% YoY)
- EBITDA ₹386.68Cr vs ₹397.27Cr (▼2.67% YoY)
- PAT ₹330.16Cr vs ₹330.70Cr (▼0.16% YoY)
- EBITDA Margin 28.23% vs 34.26% (▼603bps)
Business Update
Neutral
2026-08-06 18:51
- Concall Schedule
- Concall Date: Thursday, August 13, 2026
- Concall Time: 04:00 P.M. (IST)
Governance
Neutral
2026-07-29 16:51
- Shri Rahul Himalian, Director (Tourism & Marketing), IRCTC, has been entrusted with the additional charge of Chairman & Managing Director (CMD).
- This appointment is for a period of nine months, effective July 20, 2026, or until a regular incumbent is appointed, whichever is earlier.
Governance
Negative
2026-07-20 13:15
CRITICAL RED FLAG DETECTED
- Shri Sanjay Kumar Jain ceased to hold the post of Chairman and Managing Director and Key Managerial Personnel w.e.f. July 20, 2026.
- Shri Rahul Himalian, Director (Tourism & Marketing), assumed additional charge of the post of Chairman and Managing Director w.e.f. July 20, 2026.
Governance
Negative
2026-07-16 18:30
CRITICAL RED FLAG DETECTED
- Shri Sanjay Kumar Jain will be relieved as CMD on July 20, 2026, following his resignation.
- Shri Rahul Himalian, Director (Tourism & Marketing), will assume additional charge as CMD for three months from July 20, 2026, or until further orders.
Governance
Negative
2026-07-14 14:43
CRITICAL RED FLAG DETECTED
- Fines of ₹5,31,000/- each levied by NSE and BSE for non-compliance with SEBI (LODR) Regulation 17(1) (Board Composition, including failure to appoint a woman director) for the quarter ended 31st March, 2026.
- The Board noted the non-compliance was beyond the Company's control and requested the administrative ministry to expedite the appointment of requisite independent directors, including a woman independent director.
Governance
Positive
2026-07-14 14:30
- IRCTC appointed Shri Rajneesh Narain as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective July 14, 2026.
- Shri Narain has over 30 years of experience in the coal industry and previously held Director (Finance) roles.
Governance
Neutral
2026-07-14 14:27
- IRCTC's Board of Directors appointed Shri Rajneesh Narain as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 14, 2026.
- Shri Narain has over thirty years of experience, including previous roles as Director (Finance) at Northern Coalfields Limited.
Routine
Neutral
2026-06-25 17:24
- Trading window for IRCTC shares to close from July 01, 2026.
- It will reopen 48 hours after the Unaudited Financial Results for the quarter ending June 30, 2026, are declared.
Governance
Negative
2026-06-23 16:31
CRITICAL RED FLAG DETECTED
- IRCTC informed about the resignation of Shri Sanjay Kumar Jain as Chairman and Managing Director (CMD).
- The resignation is effective from July 20, 2026, due to personal grounds.
- Orders for additional charge of the CMD post will be issued in due course.
Governance
Neutral
2026-06-19 17:23
- IRCTC announces the appointment of Shri Vivek Rawat as Group General Manager (One Level Below Board) for IRCTC/North Zone, effective June 19, 2026.
- Shri Rawat is an IRTS officer with approximately 21 years of experience with Indian Railways.
Governance
Neutral
2026-06-15 19:09
- IRCTC appointed Shri Rajneesh Narain (DIN:09759359) as Additional Director (Director (Finance)) w.e.f. June 15, 2026.
- Shri Narain holds 100 equity shares of IRCTC and is not related to any Director/KMP of the company.
Governance
Neutral
2026-06-15 19:02
CRITICAL RED FLAG DETECTED
- Shri Sudhir Kumar has relinquished the additional charge of Director (Finance) and ceased to be Chief Financial Officer (CFO) and Senior Management Personnel of IRCTC, effective June 15, 2026. This change is due to the appointment of a new incumbent and his repatriation.
Governance
Neutral
2026-06-15 19:01
CRITICAL RED FLAG DETECTED
- Shri Sudhir Kumar has ceased to be Director (Finance), CFO (Key Managerial Personnel), and Senior Management Personnel of IRCTC.
- The change is effective June 15, 2026, due to the appointment of a new incumbent and his repatriation.
Governance
Neutral
2026-06-11 17:40
- Ministry of Railways approved the appointment of Shri Rajneesh Narain as Director (Finance) of IRCTC.
- He joins from Northern Coalfields Limited (NCL).
- The appointment is effective from his assumption of charge until June 30, 2030, or until further orders.
Governance
Neutral
2026-06-04 18:34
- Shri Devendra Pal Bharti ceased to be an Independent Director of IRCTC with effect from June 04, 2026, upon completion of his tenure.
Business Update
Positive
2026-05-29 18:28
IRCTC reported its highest ever revenue and profitability in FY26, with strong performance across all business segments. Q4 FY26 total revenue from operations grew 15.05% YoY. The Q4 EBITDA margin of 27.33% was impacted by exceptional items like increased CSR allocation, ECL provisioning, and legacy items; without these, the margin would be around 30%. Management guided for continued strong growth, aiming for 15% revenue growth in catering, 19-20% in tourism, and 7-10% in IT business. The company plans to enhance its e-ticketing infrastructure, establish four new Rail Neer plants, expand existing ones, and explore the hotel business. IRCTC is on track to meet the August '26 RBI deadline for its payment aggregator license and remains confident about its future growth trajectory, aspiring to maintain overall EBITDA margins around 30%.
Governance
Negative
2026-05-28 08:58
CRITICAL RED FLAG DETECTED
IRCTC has been fined ₹5,31,000 each by BSE and NSE for non-compliance with Regulation 17(1) of SEBI (LODR) Regulations, 2015, specifically for failing to appoint a woman director for the quarter ended March 31, 2026. The company states that the appointment power lies with the Ministry of Railways and the issue is pending with the Government of India. IRCTC believes the fine will have no financial or operational impact.
Business Update
Neutral
2026-05-27 17:57
IRCTC announced the availability of the audio recording for its Earning Conference Call, held on May 27, 2026, concerning the financial results for the quarter and year ended March 31, 2026. The recording is accessible via a direct link provided in the filing and on the company's website under the 'Investors Corner' section.
Financials
Negative
2026-05-26 21:21
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹1,459.72 Cr vs ₹1,268.53 Cr (▲15.07% YoY), EBITDA ₹398.95 Cr vs ₹431.17 Cr (▼7.47% YoY), PAT ₹326.40 Cr vs ₹358.23 Cr (▼8.89% YoY). EBITDA Margin 27.33% vs 34.00% (▼667bps). The board also recommended a final dividend of ₹0.50 per share, making the total dividend for FY2025-26 ₹9.00 per share. Auditors highlighted non-compliance with Independent Director requirements for the Audit Committee.
Financials
Negative
2026-05-26 21:11
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹1,459.72 Cr vs ₹1,268.53 Cr (▲15.07% YoY), EBITDA ₹398.95 Cr vs ₹431.17 Cr (▼7.47% YoY), PAT ₹326.40 Cr vs ₹358.23 Cr (▼8.88% YoY). EBITDA Margin 27.33% vs 33.99% (▼666 bps). The company also recommended a final dividend of ₹0.50 per share, bringing the total dividend for FY26 to ₹9.00 per share.
Financials
Negative
2026-05-26 21:11
CRITICAL RED FLAG DETECTED
Standalone Revenue ₹1459.72 Cr vs ₹1268.53 Cr (▲15.07% YoY), EBITDA ₹398.98 Cr vs ₹430.74 Cr (▼7.37% YoY), PAT ₹326.57 Cr vs ₹357.95 Cr (▼8.76% YoY). EBITDA Margin 27.33% vs 33.96% (▼663bps). The Board recommended a final dividend of Rs. 0.50 per share for FY26, bringing the total dividend for FY26 to Rs. 9.00 per share.
Financials
Negative
2026-05-26 21:01
CRITICAL RED FLAG DETECTED
Consolidated Revenue for the quarter ended March 31, 2026, was ₹1,459.72 Cr vs ₹1,268.53 Cr (▲15.07% YoY). EBITDA declined to ₹465.47 Cr vs ₹492.33 Cr (▼5.46% YoY), with margin contracting to 31.89% from 38.81% (▼692bps). PAT also decreased to ₹326.40 Cr vs ₹358.23 Cr (▼8.89% YoY). The Board recommended a final dividend of ₹0.50 per share, totaling ₹9.00 for FY25-26. A governance red flag was noted as the company lacks the requisite number of Independent Directors for its Audit Committee. An arbitration award of ₹74.72 Cr was resolved in favor of IRCTC.
Governance
Neutral
2026-05-25 16:32
IRCTC informed about the appointment of Shri Brijesh Kumar Mishra, SAG/IRTS, as Group General Manager / East Zone (One Level Below Board), effective May 25, 2026. He replaces Shri Anil Gupta, GM(HR) and brings over 20 years of experience with Indian Railways.
Business Update
Neutral
2026-05-22 20:19
IRCTC announced the rescheduling of its Earnings Conference Call for the financial results for the quarter and year ended March 31, 2026. The call, previously scheduled for Thursday, May 28, 2026, at 03:00 PM (IST), will now be held on Wednesday, May 27, 2026, at 03:00 PM (IST).
Business Update
Neutral
2026-05-21 17:49
IRCTC announced that it will hold an Earning Conference Call on Thursday, May 28, 2026, at 03:00 PM (IST) to discuss the financial results for the quarter and year ended March 31, 2026. The call will be hosted by Dolat Capital and will include key management speakers such as the Chairman & Managing Director, Director Finance & CFO, Director Tourism & Marketing, and Director (Catering Services).
Governance
Neutral
2026-04-14 19:59
Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) announced on April 14, 2026, that Shri Namgyal Wangchuk and Shri Sanjay Gaur ceased to be Independent Directors upon completion of their tenure, effective April 14, 2026.
Routine
Neutral
2026-04-13 19:05
New Filing detected. See link for details.
Routine
Neutral
2026-04-06 17:09
IRCTC submitted the Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026, confirming compliance regarding dematerialization of securities.
Governance
Neutral
2026-03-30 18:26
CRITICAL RED FLAG DETECTED
IRCTC announced Sh. Sudeesh V C, Group General Manager (IT) and Senior Management Personnel, ceased his services effective March 30, 2026, due to repatriation to his parent cadre.
Business Update
Negative
2026-03-27 18:15
CRITICAL RED FLAG DETECTED
IRCTC received a demand notice dated March 26, 2026, from the Income Tax Department for ₹81,65,140 for under reporting of total income for Assessment Year 2024-25. The company states the demand is litigative and will be contested.
Business Update
Neutral
2026-03-27 11:57
IRCTC disclosed an unsolicited ESG rating of '52' (Adequate) assigned by ESG Risk Assessments & Insights Limited on March 26, 2026. The company clarified it did not engage with or participate in the rating process, which was based solely on public information.
Governance
Negative
2026-03-24 17:55
CRITICAL RED FLAG DETECTED
IRCTC received fines of ₹5,42,200/- each from NSE and BSE for non-compliance with SEBI LODR Regulation 17(1) regarding board composition (failure to appoint a woman director) for Q3 FY26. The Board noted the non-compliance was beyond its control and also approved a change in the Chief Investor Relations Officer.
Routine
Neutral
2026-03-23 17:18
IRCTC announced the closure of its trading window from April 01, 2026, until 48 hours after the declaration of Audited Financial Results for the quarter and financial year ending March 31, 2026. The Board Meeting date for considering results will be intimated later.
Governance
Neutral
2026-03-10 10:13
IRCTC announced that Mr. Sunil Beniwal, Senior Management Personnel (GGM/NZ), was repatriated and ceased his role from March 09, 2026. Mr. Naveen Dixit will assume the additional charge of GGM/NZ with immediate effect.
Governance
Neutral
2026-03-07 12:50
IRCTC announced an internal redistribution of work and reassignment of responsibilities among its existing Senior Management, effective March 06, 2026. Mr. Naveen Dixit, Ms. Rashmi Gautam, and Mr. Anil Gupta have been assigned new or additional roles.
Governance
Negative
2026-02-28 08:30
CRITICAL RED FLAG DETECTED
IRCTC received fines of ₹5,42,800 each from BSE and NSE for non-compliance with SEBI LODR Reg 17(1) for Q3 FY26, due to failure to appoint a woman director on its board. The company is following up with the Ministry of Railways for the appointment.
Governance
Neutral
2026-02-27 18:17
Shri Navin Kumar Parsuramka (DIN: 11576415) has been appointed as an Additional Director [Part-time Government Director] on the Board of IRCTC, effective February 27, 2026. He is currently Principal Executive Director (Coaching), Railway Board, and holds no shares in IRCTC.
Governance
Neutral
2026-02-26 11:16
IRCTC announced the appointment of Shri Navin Kumar Parsuramka as Part-time Government Director on its Board, replacing Shri Manoj Kumar Gangeya, effective February 25, 2026.
Business Update
Neutral
2026-02-19 17:09
IRCTC informed exchanges of an independently assigned ESG rating of '64' (Category: Adequate) by NSE Sustainability. The company stated it neither engaged with nor participated in the preparation of the rating, which was based on public domain information.
Business Update
Positive
2026-02-18 10:48
IRCTC filed the Q3 FY26 Earnings Conference Call transcript held on February 13, 2026. The company reported its highest ever revenue and profitability, with Q3 revenue up 18.2% YoY to INR1,449 Cr, EBITDA up 11.5% YoY to INR465 Cr, and PAT up 15.5% YoY to INR394 Cr.
Business Update
Neutral
2026-02-13 18:38
IRCTC informed about the availability of the audio recording of the Earnings Conference Call on Q3FY26 Results, held on Friday, February 13, 2026. The recording link is provided for stakeholders as per SEBI LODR Regulations 2015.
Financials
Positive
2026-02-12 18:22
The Board declared a Second (2nd) Interim Dividend of ₹3.50/- per equity share for FY 2025-26 on February 12, 2026. The record date for determining eligible members is February 20, 2026. The filing provides details on Tax Deducted at Source (TDS) provisions applicable to the dividend.
Financials
Positive
2026-02-12 18:11
The Board approved Q3 FY26 financial results and declared a 2nd interim dividend of ₹3.50 per share for FY 2025-26. The record date for the dividend payment is February 20, 2026.
Financials
Positive
2026-02-12 17:54
CRITICAL RED FLAG DETECTED
Standalone Revenue ₹1,449.47Cr vs ₹1,224.66Cr (▲18.4% YoY), EBITDA ₹476.37Cr vs ₹416.93Cr (▲14.2% YoY), PAT ₹394.49Cr vs ₹341.21Cr (▲15.6% YoY). EBITDA Margin 32.9% vs 34.0% (▼118bps). Declared ₹3.50/share interim dividend.
Financials
Positive
2026-02-12 17:51
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹1,449.47Cr vs ₹1,224.66Cr (▲18.36% YoY), EBITDA ₹476.34Cr vs ₹416.57Cr (▲14.35% YoY), PAT ₹394.33Cr vs ₹341.09Cr (▲15.61% YoY). EBITDA Margin 32.86% vs 34.02% (▼116bps). Declared 2nd Interim Dividend of ₹3.50 per share.
Business Update
Neutral
2026-02-06 15:43
IRCTC will hold an Earning Conference Call for Q3FY26 Results on Friday, February 13, 2026, at 04:00 P.M. (IST). The call, hosted by Dolat Capital, will discuss the company's financial performance.
Governance
Neutral
2026-02-03 17:58
IRCTC announced the appointment of Shri Vikram Yadav as Group General Manager/Procurement and Tendering, effective February 2, 2026. He is an IRSEE officer with over 25 years of experience.