Irctc Share Price Target 2025, 2026, 2027 to 2030: Today, we will discuss a comprehensive analysis of IRCTC share targets for 2025, 2026, 2027 to 2030. By examining industry trends and the company’s past performance, this analysis aims to provide insights into its projected growth in the coming years. As a key player in India’s tourism and online ticketing sector, IRCTC has established a strong foothold with its diversified services, including catering, rail and air ticketing, and packaged drinking water.
This analysis will review the fundamental and technical factors driving IRCTC’s growth. Leveraging its exclusive position in rail ticketing and growing demand in domestic tourism, IRCTC is well-positioned for steady expansion.
Overview of Indian Railway Catering and Tourism Corporation (IRCTC)
What is IRCTC?
The Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector company in India, dedicated to providing ticketing, catering, and tourism services for Indian Railways. Established in 1999 by the Government of India, IRCTC operates under the administrative control of the Ministry of Railways and has become a vital part of India’s railway network, offering services that enhance the passenger experience through online ticketing, food services, and travel packages.
Key Features of IRCTC:
- Business Model: IRCTC operates across multiple service areas, including online ticketing, catering, and tourism. As the exclusive provider of online train ticketing in India, it has pioneered digital solutions for efficient service delivery. In addition to managing railway catering services, IRCTC also offers a variety of travel and tourism packages, further diversifying its revenue streams.
- Core Offerings: The corporation’s primary services focus on ticketing and catering for Indian Railways, but IRCTC also ventures into tourism, providing customized travel experiences across India. This diversified portfolio allows IRCTC to leverage its unique market position within India’s growing travel and tourism industry.
- Clientele: IRCTC serves millions of passengers and travelers across India, including daily commuters, tourists, and long-distance travelers. By focusing on customer-centric services, IRCTC has built a strong reputation as a reliable partner for Indian Railway passengers.
- Market Position: As of 2024, IRCTC remains a major player in India’s tourism and railway service sectors. Headquartered in New Delhi and led by a dedicated workforce of over 1,400 employees, IRCTC continues to strengthen its market presence with annual revenue reaching INR 3,541 crores (US$440 million) in FY23. Through its strategic initiatives and exclusive service rights, IRCTC is poised to continue playing a key role in the Indian travel ecosystem.
| Details | Information |
|---|---|
| Website | www.irctc.co.in |
| CEO | Ministry of Railways (Administrative Control) |
| Founded | 27 September 1999 |
| Headquarters | New Delhi, India |
| Number of Employees | Approximately 1,407 (as of 2024) |
| Parent Organization | Indian Railways |
| Revenue | INR 3,541 crores (FY23, US$440 million) |
| Key Operations | Online ticketing, catering services, tourism packages, and packaged drinking water (Rail Neer) |
| Key Focus Areas | Ticketing for Indian Railways, catering, domestic tourism |
| Subsidiaries | Rail Neer (packaged drinking water), IRCTC Tourism |
| Notable Achievements | Exclusive ticketing rights for Indian Railways, robust presence in domestic tourism sector |
Current Market Position of IRCTC Share Price
As of November 2024, IRCTC shares show a strong long-term performance, with significant growth over the past five years but some short-term volatility. Today, the share has decreased by -1.53%. Over the past week, it saw a positive change of +4.20%, though it has dropped by -1.57% over the last month. The share experienced a notable decline of -15.03% in the past six months. However, over the last year, the share price has surged by +23.95%, reflecting a solid recovery. Over the past five years, the share has gained an impressive +381.35%, while since its inception, it has risen by +441.74%.
IRCTC Share Price Fundamental Data
- Face Value: ₹10.00
- Open: ₹851.15
- High: ₹857.10
- Low: ₹841.15
- Market Cap: ₹67,540 crore
- P/E Ratio: 56.29
- Dividend Yield: 0.95%
- 52-Week High: ₹1,138.90
- 52-Week Low: ₹664.40
The Market Position of IRCTC Share as of November 2024
| Time Period | Returns of IRCTC Share |
|---|---|
| Today | -1.53% |
| Past 1 Week | +4.20% |
| Past 1 Month | -1.57% |
| Past 6 Months | -15.03% |
| Past 1 Year | +23.95% |
| Past 5 Years | +381.35% |
| All Time | +441.74% |
IRCTC Share Price Target in 2024
The share price target for IRCTC in 2024 is projected to be between ₹1,050 (minimum) and ₹1,150 (maximum). This range reflects IRCTC’s stable position in the market and potential for moderate growth in the coming year.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹1,050 | ₹1,150 |
IRCTC Share Price Target in 2025
For 2025, IRCTC’s share price target is expected to range between ₹1,300 (minimum) and ₹1,450 (maximum). This projection indicates strong demand for IRCTC’s services, supported by expanding tourism and ticketing operations.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹1,300 | ₹1,450 |
IRCTC Share Price Target in 2026
In 2026, the projected share price for IRCTC is set between ₹1,700 (minimum) and ₹1,900 (maximum). This anticipated growth is driven by IRCTC’s ongoing diversification in travel, tourism, and catering services.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹1,700 | ₹1,900 |
IRCTC Share Price Target in 2027
The share price target for 2027 is anticipated to be between ₹2,000 (minimum) and ₹2,250 (maximum). This reflects the company’s continuous revenue growth and solidified market position.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹2,000 | ₹2,250 |
IRCTC Share Price Target in 2028
For 2028, IRCTC’s share price target is projected to range from ₹2,200 (minimum) to ₹2,475 (maximum). This range is supported by sustained growth in the Indian travel and tourism industry and IRCTC’s innovation in service offerings.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹2,200 | ₹2,475 |
IRCTC Share Price Target in 2029
In 2029, the share price is estimated to be between ₹2,600 (minimum) and ₹2,850 (maximum). This growth reflects IRCTC’s strategic initiatives and market expansions, bolstering its revenue streams.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹2,600 | ₹2,850 |
IRCTC Share Price Target in 2030
By 2030, the share price target for IRCTC is anticipated to be between ₹3,000 (minimum) and ₹3,400 (maximum). This optimistic forecast underscores IRCTC’s robust long-term growth potential within India’s travel and tourism sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹3,000 | ₹3,400 |
IRCTC Financial Health and Performance Analysis (Q3 FY 2023 – Q2 FY 2024)
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 |
|---|---|---|---|---|
| Revenue (Cr) | ₹1.12K | ₹1.15K | ₹1.12K | ₹1.06K |
| Revenue Growth (%) | 21.81% | 19.66% | 11.82% | 6.9% |
| Net Income (Cr) | ₹300 | ₹284.18 | ₹307.72 | ₹307.87 |
| Net Income Growth (%) | 17.4% | 1.93% | 32.51% | 4.48% |
| Diluted EPS | ₹3.75 | ₹3.55 | ₹3.85 | ₹3.85 |
| EPS Growth (%) | 17.55% | 2.01% | 32.76% | 4.62% |
| Net Profit Margin | 26.83% | 24.61% | 27.47% | 28.93% |
| Net Profit Margin Growth (%) | 3.59% | 14.81% | 18.51% | 2.3% |
| Operating Income (Cr) | ₹380.07 | ₹346.95 | ₹361.05 | ₹359.69 |
| Operating Income Growth (%) | 20.49% | 10.69% | 9.64% | 2.02% |
| Cost of Revenue (Cr) | ₹685.81 | ₹732.59 | ₹702.6 | ₹637.13 |
| Cost of Revenue Growth (%) | 23.73% | 26.62% | 13.93% | 7.72% |
Performance Highlights
- Revenue Growth: IRCTC achieved a steady revenue increase across the quarters, with September 2024 revenue at ₹1.06K Cr, reflecting a 6.9% year-over-year growth.
- Net Income: Net income reached ₹307.87 Cr in September 2024, marking a modest 4.48% year-over-year increase. The highest net income growth was observed in June 2024, driven by enhanced efficiency in service operations.
- Diluted EPS: EPS was stable at ₹3.85 for June and September 2024, reflecting positive growth compared to previous quarters. This stability in EPS growth showcases IRCTC’s consistent profitability.
- Net Profit Margin: Net profit margin grew to 28.93% in September 2024, indicating effective cost management and improved profitability in service delivery.
- Operating Income: Operating income showed gradual growth across the quarters, with September 2024 at ₹359.69 Cr, primarily due to IRCTC’s increased revenue diversification efforts.
- Cost of Revenue: Costs slightly decreased to ₹637.13 Cr in September 2024, suggesting more efficient operational strategies to minimize expenses while maintaining service quality.
How to Invest in IRCTC
- Choose a Broker: Select a brokerage that allows access to IRCTC (IRCTC) shares.
- Open a Trading Account: Set up both a trading and Demat account to hold your shares.
- Complete KYC Requirements: Provide valid identification and address proof to fulfill KYC requirements.
- Deposit Funds: Add funds to your trading account to enable share purchases.
- Locate IRCTC: Search for IRCTC shares using the ticker “IRCTC” on your trading platform.
- Place an Order: Specify the quantity of shares to buy and choose between a market or limit order.
- Confirm Purchase: Review order details and confirm the transaction.
- Monitor Investment: Keep track of IRCTC’s market performance and industry trends to make informed decisions.
IRCTC Stock Price Forecast for the Next 5 Years
IRCTC is poised to experience steady growth in its stock price over the next five years, driven by its consistent revenue generation, improved profitability, and the growing demand for its services in the travel and tourism sector. The following stock price forecast takes into account the expected market conditions, sector growth, and the company’s strategic initiatives to enhance its offerings.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹1,000 | ₹1,150 |
| 2026 | ₹1,150 | ₹1,350 |
| 2027 | ₹1,350 | ₹1,550 |
| 2028 | ₹1,500 | ₹1,750 |
| 2029 | ₹1,650 | ₹1,900 |
Shareholding Pattern of IRCTC
- Promoters:
- Number of Shares: 49,91,72,170
- Percentage: 62.40%
- % Change QoQ: 0.00%
- Pledge:
- Number of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
- Foreign Institutional Investors (FII):
- Number of Shares: 6,03,34,023
- Percentage: 7.54%
- % Change QoQ: -0.24%
- Domestic Institutional Investors (DII):
- Number of Shares: 11,07,01,966
- Percentage: 13.84%
- % Change QoQ: 0.16%
- Mutual Funds (MF):
- Number of Shares: 2,85,02,801
- Percentage: 3.56%
- % Change QoQ: -0.35%
- Others:
- Number of Shares: 12,97,91,841
- Percentage: 16.22%
- % Change QoQ: 0.07%
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