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Earnings · Software Platform · Large cap

IRCTC reports steady annual growth as Q4 profit slips 8.8%

The state-run caterer posted a 6% rise in annual profit to ₹1,393 cr, while the board declared a final dividend of ₹0.50 per share.

5 earlier stories on Indian Railway Catering And Tourism Corporation Ltd.
Mkt cap₹41,128 cr
P/E29.52×
ROE35.89%
Debt / eq.0.00
Div yld1.75%
₹139,337 lakhs Full-year net profit for FY26, marking a 6% increase.

What's new

  • Q4 revenue reached ₹145,972 lakhs, up 15% YoY.
  • Full-year revenue grew 11.5% to ₹521,486 lakhs.
  • Final dividend of ₹0.50 per share brings total FY26 payout to ₹9 per share.

Why this matters

The results are a routine affair for a large-cap PSU, showing stable growth that aligns with market expectations. The dip in Q4 profit is a minor variance in an otherwise consistent annual performance.

What we're watching

  • Updates on the previously disclosed litigation matters noted by the auditor.
  • Future dividend consistency as the company maintains its payout history.
  • Volume growth in catering and ticketing segments.

The full read

IRCTC delivered a predictable set of annual results for FY26. The company reported full-year revenue of ₹521,486 lakhs, a 11.5% increase, while net profit climbed 6% to ₹139,337 lakhs. The fourth quarter saw a revenue jump of 15% to ₹145,972 lakhs, though net profit for the period slipped 8.8% to ₹32,657 lakhs. The board maintained its dividend policy by recommending a final payout of ₹0.50 per share, resulting in a total annual dividend of ₹9 per share. The auditor's report remains clean, with only familiar litigation matters flagged. These figures contain no surprises for the market. It is a routine disclosure for a large-cap Navratna PSU, confirming that the company's financial trajectory remains steady.

Questions answered

How did IRCTC perform in the final quarter of FY26?
The company reported revenue of ₹145,972 lakhs, a 15% increase over the same period last year. Net profit for the quarter fell 8.8% to ₹32,657 lakhs.
What is the total dividend payout for the year?
The board recommended a final dividend of ₹0.50 per share. This brings the total dividend for FY26 to ₹9 per share.
Did the auditor raise any new concerns?
No. The auditor issued an unmodified opinion, noting only previously disclosed litigation matters that do not represent new material surprises.
How does the annual performance compare to the previous year?
Full-year revenue rose 11.5% to ₹521,486 lakhs, while net profit grew 6% to ₹139,337 lakhs.
Mentioned: IRCTC · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Indian Railway Catering And Tourism Corporation Ltd.

Software Platform
₹39,888 cr
P/E 28.63×

Latest quarter · Mar 2026

Sales₹1,460 cr
Net profit₹326 cr
Op. margin+27.3%
EPS₹4.08

Strength & growth

Debt / equity0.00×
Current ratio1.87×
Sales CAGR+27.9%
Financials via Tijori — a research aid, not investment advice.IRCTC on Tijori

Story so far

All notes on IRCTC →
  1. 26 May 2026 · 8:57 PM IST IRCTC reports steady annual growth as Q4 profit slips 8.8%
  2. 28d ago IRCTC CMD Sanjay Kumar Jain resigns; successor awaited
  3. 40d ago IRCTC gets a new finance chief from Northern Coalfields
  4. 53d ago IRCTC caps margin target at 30% as catering, tourism volumes grow
  5. 55d ago IRCTC pivots from high-margin ticketing to volume-led growth