Indian Railway Catering And Tourism Corporation Limited: IRCTC Company Details

Indian Railway Catering And Tourism Corporation Limited: IRCTC Company Details

IRCTC Company Details

IRCTC is a wholly-owned subsidiary of the Indian Railway. It was incorporated in 1999. It is engaged in tourism, catering, online ticket booking services and provides packaged drinking water in trains. IRCTC is the world’s busiest and highest of 15 to 16 lakhs tickets every day. IRCTC plans to launch an initial public offering (IPO) on 30th Sept. 

In October 2018, it launched an i-Pay Payment gateway. The main aim of this payment option is to manage domestic debt or credit transactions. It also provides non-railway services such as budget hotels, e-catering, etc. 

Mainly it operates four segments of the businesses such as

Traveling: It is noted in rail tourism. It offers travel and tourism services such as air, land, rail, and cruise tour packages along with hotel bookings and air ticket bookings. 

Packaged Drinking Water: It offers packaged drinking water under the brand name ‘Rail Neer,’ which is manufactured on its own. 

Catering Services: The company provides food catering services including in-line catering on trains and static catering services at stations.

Internet Ticketing: It maintains an online website and mobile app to offer online ticket booking facilities. 

Company Promoters:

The President of India acting through the Ministry of Railways is the promoter of the company.

Competitive Strengths

  1. An authorized service provider by Indian Railways
  2. Railway and non-railway tourism and hospitality services
  3. Exclusively authorized by Indian Railways to provide packaged drinking water
  4. A strong operating system across different segments.

Financial Status of IRCTC

Particulars For the year/period ended (in Rs. 10 Lakhs)
   31-Mar-19   31-Mar-18 31-Mar-17
 Total Assets  25837.80  23191.06  18264.54
 Total Revenue  19,566.60  15,695.60  16,028.50
 Profit After Tax  2,725.95  2,206.19  2,290.81

Company Contact Information

IRCTC Limited
11th Floor, B – 148, Statesman House,
Barakhamba Road,
New Delhi – 110 001, India

Phone: +91 11 2331 1263 / 64
Email: [email protected]
Website: http://www.irctc.com/

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  • […] IRCTC  is one of the biggest transportation across the world. It was incorporated on 27th September 1999. IRCTC to raise around Rs 645.12 crore through an IPO. The IPO will open for subscription on September 30, 2019. The company operates its business in four segments such as Internet Ticketing, catering, packaged drinking water under the ” Rail Neer” brand, and Travel & Tourism. As of the financial reports, IRCTC is doing well. The stock experts expect IRCTC IPO to go well and get good subscription numbers. […]

  • […] felt that IRCTC expects to see a continuous growth of 20 percent in revenue in the next 2 years. IRCTC’s four-segment business should help to grow its […]

  • […] IRCTC is a wholly-owned subsidiary of the Indian Railway. It works under the administrative control of the Ministry of Railways (MOR). It offers catering services, online tickets and packaged drinking water under the brand name of ” Rail Neer.” It maintains an online website and mobile app to offer online ticket booking facilities.   […]

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