IRCTC IRCTC
Online ticketing monopoly, catering, tourism/packages, Rail Neer
Mapped in 1 theme: Railways / Vande Bharat & Metro Rolling Stock.
Where IRCTC sits in the supply chain
IRCTC appears in 1 supply-chain layer in one theme, Railways / Vande Bharat & Metro Rolling Stock.
Railways / Vande Bharat & Metro Rolling Stock › Railway PSU Ecosystem: Financing, Ticketing & Digital Infra
EnablerOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 4,260 | 4,675 | 5,215 |
| Net profit | 1,111 | 1,315 | 1,393 |
Latest-year revenue ₹5,215 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Statutory monopoly on Indian Railways' online ticketing with no real competing channel, generating high-margin, high-ROE fee income that is largely insulated from capex cycles
Risks
- Near-monopoly status means economics are tightly linked to government/regulatory policy toward ticketing fees and convenience charges
Common questions
What does IRCTC do?
Online ticketing monopoly, catering, tourism/packages, Rail Neer.
Where does IRCTC sit in the supply chain?
IRCTC (NSE: IRCTC) is mapped in 1 supply-chain layer: Railway PSU Ecosystem: Financing, Ticketing & Digital Infra (Railways / Vande Bharat & Metro Rolling Stock).
Who are IRCTC's peers?
In the Railway PSU Ecosystem: Financing, Ticketing & Digital Infra layer of Railways / Vande Bharat & Metro Rolling Stock: Indian Railway Finance Corporation, RailTel Corporation of India, RITES Ltd and Container Corporation of India.
What is IRCTC's market cap and valuation?
As of 30 Oct 2026: market cap ₹34,880 Cr, P/E 25.3x, ROCE 46.1%, ROE 34.4%, dividend yield 2.06%.