Indian Railway Catering And Tourism (NSE:IRCTC) Return-on-Tangible-Asset: 17.23% (As of Mar. 2026) — Near Median

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NSE:IRCTC Indian Railway Catering And Tourism Corp Ltd NSE:IRCTC
91 GF Score
Price ₹493.15
GF Value ₹954.24
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Indian Railway Catering And Tourism Return-on-Tangible-Asset?

Indian Railway Catering And Tourism NSE:IRCTC -0.57% 91 Return-on-Tangible-Asset is 17.23% as of Mar. 2026, which is 5% below its 10-year median of 18.20. GuruFocus rates NSE:IRCTC with a GF Score™ of 91/100 and a GF Value™ of ₹954.24 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 857 Travel & Leisure companies, Indian Railway Catering And Tourism ranks better than 94.28% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Indian Railway Catering And Tourism's annualized Net Income for the quarter that ended in Mar. 2026 was ₹13,056 Mil. Indian Railway Catering And Tourism's average total tangible assets for the quarter that ended in Mar. 2026 was ₹75,759 Mil. Therefore, Indian Railway Catering And Tourism's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.23%.

The historical rank and industry rank for Indian Railway Catering And Tourism's Return-on-Tangible-Asset or its related term are showing as below:

NSE:IRCTC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.86   Med: 18.2   Max: 22.44
Current: 19

During the past 10 years, Indian Railway Catering And Tourism's highest Return-on-Tangible-Asset was 22.44%. The lowest was 5.86%. And the median was 18.20%.

NSE:IRCTC's Return-on-Tangible-Asset is ranked better than
94.28% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.86 vs NSE:IRCTC: 19.00

Indian Railway Catering And Tourism  (NSE:IRCTC) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Indian Railway Catering And Tourism Return-on-Tangible-Asset Related Terms


Indian Railway Catering And Tourism Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Indian Railway Catering And Tourism's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Indian Railway Catering And Tourism Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.78 22.44 19.89 20.41 19.39

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
Return-on-Tangible-Asset 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 21.08 19.46 17.93 20.67 17.23

NSE:IRCTC vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Indian Railway Catering And Tourism's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Railway Catering And Tourism's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Indian Railway Catering And Tourism's Return-on-Tangible-Asset falls into.


NSE:IRCTC
91GF Score
Indian Railway Catering And Tourism Corp Ltd NSE:IRCTC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Railway Catering And Tourism Return-on-Tangible-Asset Calculation

Indian Railway Catering And Tourism's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=13934.547/( (67977.209+75758.507)/ 2 )
=13934.547/71867.858
=19.39 %

Indian Railway Catering And Tourism's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13055.852/( (0+75758.507)/ 1 )
=13055.852/75758.507
=17.23 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 17.23% mean?
Indian Railway Catering And Tourism (NSE:IRCTC) has a Return-on-Tangible-Asset of 17.23% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Indian Railway Catering And Tourism and its competitors. This is near median its historical median of 18.20. Over the past decade, Indian Railway Catering And Tourism's Return-on-Tangible-Asset has ranged from 5.86 to 22.44. According to the industry distribution chart, Indian Railway Catering And Tourism ranks #49 out of 857 companies in the Travel & Leisure industry, placing it in the top 5.7%.
Is Indian Railway Catering And Tourism's Return-on-Tangible-Asset too high?
Indian Railway Catering And Tourism's current Return-on-Tangible-Asset of 17.23% is near median its 10-year median of 18.20. Over the past 10 years, this metric has ranged from a low of 5.86 to a high of 22.44. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. Indian Railway Catering And Tourism's value of 17.23% is 502.4% above this industry median. Based on the distribution chart, Indian Railway Catering And Tourism ranks #49 out of 857 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 Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Indian Railway Catering And Tourism ranks #49 out of 857 companies for Return-on-Tangible-Asset. This places Indian Railway Catering And Tourism in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.86. Indian Railway Catering And Tourism's value of 17.23% is 502.4% above this benchmark. Historically, Indian Railway Catering And Tourism's own Return-on-Tangible-Asset has ranged from 5.86 to 22.44 over the past decade. While the company's 10-year median is 18.20 vs. the industry median of 2.86, 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Railway Catering And Tourism's current Return-on-Tangible-Asset of 17.23% is 502.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Indian Railway Catering And Tourism and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Railway Catering And Tourism's current Return-on-Tangible-Asset is 17.23%, which is near median its own 10-year median of 18.20. 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 ₹954.24, compared to a current price of ₹493.15 — trading 48.3% below its estimated fair value. The current Return-on-Tangible-Asset is 17.23%, which is near median its 10-year median of 18.20 and 502.4% above the Travel & Leisure industry median of 2.86. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Indian Railway Catering And Tourism (NSE:IRCTC), the current Return-on-Tangible-Asset is 17.23% 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 ₹493.15 is trading 48.3% below its estimated GF Value™ of ₹954.24. GuruFocus considers Indian Railway Catering And Tourism to be Significantly Undervalued.

Key valuation signals for NSE:IRCTC:

  • Return-on-Tangible-Asset: 17.23% (near median its 10-year median of 18.20)
  • GF Value™: ₹954.24 vs. price of ₹493.15 (48.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 502.4% above the Travel & Leisure median (#49 of 857)

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

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹493.15
Price
₹954.24
GF Value