Indian Railway Catering And Tourism Corporation Ltd. Share Price

IRCTC Holds 27th AGM and Declares Final Dividend

concluded its 27th Annual General Meeting on September 29, 2026, with shareholders adopting the company’s financial statements for FY26. The meeting also confirmed a total dividend of ₹9.00 per share for the financial year, including a final dividend of ₹0.50 per share. The dividend declaration reflects the company’s distribution of profits to shareholders following approval through the AGM process. The adoption of FY26 financials provides formal shareholder approval of the company’s reported annual results. Investors will continue to track IRCTC’s performance across its catering, tourism, internet ticketing and other railway-related services, along with future business developments and capital allocation decisions.

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GMR Hospitality wins Delhi Airport F&B deal.

GMR Airports Limited

said its subsidiary GMR Hospitality has secured the food and beverage outlets contract at Terminal 3 of Delhi Airport. Estimated license fees are about ₹49 crore in FY27 and ₹109 crore in FY28. The licence covers design, financing, development, operation and maintenance of F&B outlets at IGI Airport Terminal 3. The initial term runs up to May 2036 and can be extended by 10 years. Fees follow a revenue-share model with a minimum monthly guarantee payable to DIAL. The key figures are the estimated ₹49 crore fee in FY27 and ₹109 crore in FY28. This adds to non-aeronautical revenue streams at Delhi Airport. Airport peers such as Adani Airports, AAIB and other operators may see limited direct impact. Near-term price support is possible on the contract win. Risks include passenger traffic fluctuations affecting actual revenues. Competitors listed: Adani Enterprises, AAIB, IRCTC. We have no financial interest in this news.

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IRCTC Stock Jumps Over 4% After Five-Year Low Zone

IRCTC shares jumped over 4% on September 18, 2026, snapping a seven-day fall after a five-year low. Check key support, resistance and the stance. IRCTC

jumped over 4% on Friday, 18 September 2026, to ₹476.75, gaining for a second straight session after a seven-day losing streak. The rebound recovered the full seven-session loss. Earlier in the week, the stock hit its lowest level since July 2021, a five-year low. The stock is still about 35% below its 52-week high of ₹737, with a market cap of ₹38,116 crore. Key ratios: ROE 32.34%, dividend yield 1.89%, P/E 27.36 versus sector P/E 21.06. Levels Support: ₹446.50 (recent swing low) Resistance: ₹480 Stance: Neutral. The bounce is sharp, but the trend remains weak. A close above ₹480 would improve sentiment; a break below ₹446.50 would reopen downside. Disclosure: I do not hold any position or have any financial interest in the mentioned stock.

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IRCTC: Signs of Stabilizing After a Rough Slide

has had one of the toughest runs among consumer-facing PSU stocks this year, hitting a fresh 52-week low of ₹446.35 in mid-September after a seven-day losing streak. But the latest available price, ₹476.75 (as of September 18, 3:31 PM), suggests the stock may be attempting to stabilize after that extended sell-off. The scale of the decline has been severe. IRCTC is down roughly 30-36% over the past year, repeatedly making fresh 52-week lows through early-to-mid September, first at ₹467.65, then ₹461, then ₹446.35, a sustained, stock-specific sell-off rather than a one-time dip. Weak earnings added fuel to the fall. Q4 FY26 consolidated net profit declined 8.88% YoY to ₹326.36 crore, down from ₹358.22 crore a year earlier, a clear growth slowdown that gave the market a fundamental reason to keep selling. Technical ratings turned outright bearish. With the stock trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, multiple analyses flagged it as "Rated Sell," and one report noted 16 bearish signals against zero bullish ones at one point. Valuation has come down but isn't cheap. At a P/E of around 27x and P/B near 8.8x, the stock still commands a premium versus many PSU peers, even after the correction, a reflection of its dominant, quasi-monopoly position in railway catering and ticketing rather than pure value. Ownership structure remains a strength. Promoter (Indian Railways/Government) holding stands at a high 62.4%, with FIIs at 3.9% and DIIs at nearly 15%, a stable base, though the recent decline shows even that hasn't been enough to prevent stock-specific selling. ROCE remains strong at 44.39%, showing the underlying business remains efficient and highly cash-generative despite the stock's price weakness, a sign this looks more like a sentiment-driven de-rating than a broken business.

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IRCTC

Why IRCTC became almost half from its peak IRCTC touched an all-time high of around ₹1,279 in October 2021 and was around ₹517 in June 2026, a decline of roughly 60% from the peak. It has subsequently traded near the ₹500 area. 1. The biggest issue was extremely high valuation after the 2020–21 railway-stock rally. IRCTC was valued as a unique railway monopoly with very high margins, especially in internet ticketing. Investors were willing to pay a huge premium for future growth. Once earnings growth moderated, that premium started disappearing. This is a classic P/E de-rating story rather than simply a business-collapse story. 2. Internet-ticketing growth has slowed dramatically. This is particularly important because internet ticketing is IRCTC's highest-margin business. In Q1 FY27, internet-ticketing revenue was only about ₹361 crore, up just 0.6% YoY, while catering revenue increased almost 34%. So IRCTC is growing, but increasingly through catering, which has lower margins than the extremely profitable ticketing business. 3. Revenue is growing faster than profit—but profit growth is weak. FY26 total income increased 11.7% to ₹5,475 crore, while PAT increased only 6% to ₹1,393 crore. And in Q1 FY27, revenue jumped 18.1% to ₹1,369.5 crore, but PAT was almost flat at ₹330.2 crore versus ₹330.7 crore a year earlier. That tells the market that costs and margins are becoming more important than headline revenue growth. 4. Catering has become the main growth engine—but it is lower margin. Q1 FY27 catering revenue rose to approximately ₹732 crore from ₹547 crore, while internet-ticketing revenue was nearly flat. This change in revenue mix is important: the company can report strong sales growth without generating proportionate profit growth.

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IRCTC

The ₹450–₹480 zone appears to be a strong support area based on the rising trendline. The stock has repeatedly taken support near this zone, making it an important level to watch; as long as the trendline holds, a bounce or reversal can be considered, while a decisive breakdown below ₹450 could weaken the setup.

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