Indian Railway Catering And Tourism (NSE:IRCTC) Net Margin %: 22.36% (As of Mar. 2026) — 11% Below Median


NSE:IRCTC Indian Railway Catering And Tourism Corp Ltd NSE:IRCTC
91 GF Score
Price ₹514.10
GF Value ₹947.15
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Indian Railway Catering And Tourism Net Margin %?

Indian Railway Catering And Tourism NSE:IRCTC -0.22% 91 Net Margin % is 22.36% as of Mar. 2026, which is 11% below its 10-year median of 25.08. GuruFocus rates NSE:IRCTC with a GF Score™ of 91/100 and a GF Value™ of ₹947.15 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 847 Travel & Leisure companies, Indian Railway Catering And Tourism ranks better than 92.33% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Indian Railway Catering And Tourism's Net Income for the three months ended in Mar. 2026 was ₹3,264 Mil. Indian Railway Catering And Tourism's Revenue for the three months ended in Mar. 2026 was ₹14,597 Mil. Therefore, Indian Railway Catering And Tourism's net margin for the quarter that ended in Mar. 2026 was 22.36%.

The historical rank and industry rank for Indian Railway Catering And Tourism's Net Margin % or its related term are showing as below:

NSE:IRCTC' s Net Margin % Range Over the Past 10 Years
Min: 15.06   Med: 25.08   Max: 35.12
Current: 26.72


NSE:IRCTC's Net Margin % is ranked better than
92.33% of 847 companies
in the Travel & Leisure industry
Industry Median: 4.78 vs NSE:IRCTC: 26.72

Indian Railway Catering And Tourism  (NSE:IRCTC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Indian Railway Catering And Tourism Net Margin % Related Terms


Indian Railway Catering And Tourism Net Margin % Historical Data

* Premium members only.

The historical data trend for Indian Railway Catering And Tourism's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indian Railway Catering And Tourism Net Margin % Chart

Indian Railway Catering And Tourism Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.12 28.41 26.08 28.13 26.72

Indian Railway Catering And Tourism Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.24 28.52 29.85 27.21 22.36

NSE:IRCTC vs BKNG, ABNB, RCL: Net Margin % Comparison

For the Travel Services subindustry, Indian Railway Catering And Tourism's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indian Railway Catering And Tourism Net Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Railway Catering And Tourism's Net Margin % distribution charts can be found below:

* The bar in red indicates where Indian Railway Catering And Tourism's Net Margin % falls into.


NSE:IRCTC
91GF Score
Indian Railway Catering And Tourism Corp Ltd NSE:IRCTC
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Railway Catering And Tourism Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Indian Railway Catering And Tourism's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=13934.547/52148.631
=26.72 %

Indian Railway Catering And Tourism's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3263.963/14597.195
=22.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 22.36% mean?
Indian Railway Catering And Tourism (NSE:IRCTC) has a Net Margin % of 22.36% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Indian Railway Catering And Tourism and its competitors. This is 11% below median its historical median of 25.08. Over the past decade, Indian Railway Catering And Tourism's Net Margin % has ranged from 15.06 to 35.12. According to the industry distribution chart, Indian Railway Catering And Tourism ranks #65 out of 847 companies in the Travel & Leisure industry, placing it in the top 7.7%.
Is Indian Railway Catering And Tourism's Net Margin % too high?
Indian Railway Catering And Tourism's current Net Margin % of 22.36% is 11% below median its 10-year median of 25.08. Over the past 10 years, this metric has ranged from a low of 15.06 to a high of 35.12. The Travel & Leisure industry median Net Margin % is 4.78. Indian Railway Catering And Tourism's value of 22.36% is 367.8% above this industry median. Based on the distribution chart, Indian Railway Catering And Tourism ranks #65 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Railway Catering And Tourism has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Railway Catering And Tourism's Net Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Indian Railway Catering And Tourism ranks #65 out of 847 companies for Net Margin %. This places Indian Railway Catering And Tourism in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.78. Indian Railway Catering And Tourism's value of 22.36% is 367.8% above this benchmark. Historically, Indian Railway Catering And Tourism's own Net Margin % has ranged from 15.06 to 35.12 over the past decade. While the company's 10-year median is 25.08 vs. the industry median of 4.78, Indian Railway Catering And Tourism has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.78, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Railway Catering And Tourism's current Net Margin % of 22.36% is 367.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Indian Railway Catering And Tourism and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Railway Catering And Tourism's current Net Margin % is 22.36%, which is 11% below median its own 10-year median of 25.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Railway Catering And Tourism stock overvalued right now?
Based on GuruFocus' analysis, Indian Railway Catering And Tourism (NSE:IRCTC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹947.15, compared to a current price of ₹514.10 — trading 45.7% below its estimated fair value. The current Net Margin % is 22.36%, which is 11% below median its 10-year median of 25.08 and 367.8% above the Travel & Leisure industry median of 4.78. Indian Railway Catering And Tourism's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Indian Railway Catering And Tourism (NSE:IRCTC), the current Net Margin % is 22.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indian Railway Catering And Tourism (NSE:IRCTC) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Railway Catering And Tourism stock appears to be undervalued. The current stock price of ₹514.10 is trading 45.7% below its estimated GF Value™ of ₹947.15. GuruFocus considers Indian Railway Catering And Tourism to be Significantly Undervalued.

Key valuation signals for NSE:IRCTC:

  • Net Margin %: 22.36% (11% below median its 10-year median of 25.08)
  • GF Value™: ₹947.15 vs. price of ₹514.10 (45.7% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 367.8% above the Travel & Leisure median (#65 of 847)

No single metric tells the full story. See the NSE:IRCTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Railway Catering And Tourism Business Description

Other Exchanges 542830:India
Address World Trade Centre, 4th Floor, Tower-D, Nauroji Nagar, New Delhi, IND, 110029
Indian Railway Catering And Tourism Corp Ltd is engaged in catering and hospitality services at stations, on trains, and other locations, and to promote domestic and international tourism through the development of budget hotels, special tour packages, information, and commercial publicity and world-wide reservation systems. The company's segments are Catering, Rail Neer, Internet Ticketing, and Tourism & Train Operation. A vast majority of its revenues are derived from the Catering business.
91GF Score

Get the complete analysis for NSE:IRCTC

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹514.10
Price
₹947.15
GF Value