Indian Railway Catering Tourism Corporation Ltd (IRCTC)
IRCTC is a Mini Ratna company owned by the Government of India. It was formed on September 27, 1999, with the aim of improving and managing railway services for travelers.
It is a major branch of the Indian Railways. IRCTC is valued at Rs. 61,120 crores as of March 10, 2022, and is well known in the railway industry.
The company focuses on four main areas: catering and hospitality, internet ticketing, travel and tourism, and packaged drinking water (Rail Neer).
IRCTC has no debts and has provided a high return on equity of 26.75% in the past three years. They also give out a healthy dividend payout of 59.70%.
Ircon International Ltd.
Ircon International Ltd. is an engineering and construction company created by the Ministry of Railways in 1976. They work on various infrastructure projects related to railways, tunnels, electrification, metros, highways, and bridges.
They have completed over 390 projects in India and over 120 international projects in around 25 countries, including Nepal, Malaysia, Sri Lanka, and Bangladesh.
Their expertise in diverse areas of infrastructure development has not only elevated the stature of Ircon International Ltd. at a global level but has also contributed significantly to the socio-economic development of the nations they have worked in.
Through their commitment to excellence and timely project delivery, Ircon International Ltd. has earned a reputation as a reliable partner in the development of transportation and infrastructure networks worldwide.
Titagarh Wagons Limited
Titagarh Wagons Limited (TWL) was established in 1997 and is India’s second-largest freight wagon manufacturer.
TWL produces various products including freight wagons, passenger coaches, metro train coaches, train electricals, and more.
Approximately 35% of the company’s revenue comes from this segment.
TWL has the capability to manufacture 8,400 wagons, 200 metro coaches, and 36 electric multiple unit coaches annually, as well as process around 30,000 tones of casting steel.
Container Corporation of India Limited . (CONCOR)
CONCOR is a company established in March 1988. It is an autonomous Public Sector Undertaking (PSU) under the Ministry of Railways.
The company aims to promote the use of containers in the freight process and enhance India’s international trade.
CONCOR has been instrumental in developing multi-modal logistics support for India’s import-export trade.
Its services include container transport by rail, sea, and road, as well as handling and warehousing facilities.
Indian Railway Finance Corporation Ltd
Indian Railway Finance Corporation (IRFC) was established on December 12, 1986, as the financial branch of Indian Railways.
Its main goal is to raise funds for railways from both domestic and international markets.
IRFC has provided funding for numerous railway projects and has also lent funds to various entities in the railway sector, including Rail Vikas Nigam Limited (RVNL),(KRCL), Pipavav Railway Corporation Limited (PRCL), and others.
Bharat Electronics Limited
BEL is an Indian aerospace and defense company that is owned by the state. It has nine factories in India and invests 7.5% of its turnover in research and development.
This is one of the highest percentages among defense public sector undertaking (PSU) companies. Additionally, BEL is a debt-free company.
This financial stability allows BEL to focus extensively on technological advancements and innovation, positioning them as a key player in the aerospace and defense industry.
As a state-owned company, it plays a crucial role in fulfilling India’s defense requirements while constantly striving to enhance its capabilities.
Rail Vikas Nigam Ltd
Rail Vikas Nigam is responsible for implementing different types of railway infrastructure projects, including new rail lines, railway electrification, major bridges, and workshops.
These projects are provided by the Ministry of Railways (MOR). By successfully executing these projects, Rail Vikas Nigam Ltd.
Contributes to the overall growth and modernization of the Indian Railways, ensuring efficient and safe transportation for millions of passengers.
With an extensive portfolio of completed projects and ongoing initiatives, the company continues to be at the forefront of developing India’s railway infrastructure.
