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IRCTC Share Price Target 2025: Indian Railway Catering and Tourism Corporation (IRCTC) has failed to deliver significant returns for investors over the past few years, despite its monopoly in railway catering and ticketing. The railway stock has largely remained motionless, frustrating retail shareholders who expected stronger gains from the iconic railway company.

Over the last three years, IRCTC’s absolute returns have been muted. While the stock rose by 40 per cent at one point, it has delivered negative returns of 4.33 per cent over the full three-year period. Annual movements have been uneven. The shares dropped 20 per cent in the last one year, minor gains over two years, and negligible movement over six months. Shorter-term performance has also been lacklustre, with the stock down 1 per cent over the past month and down 10 per cent year-to-date.

Today, IRCTC shares were trading at Rs 703.45, up 0.11 per cent around 10 AM. The stock’s 52-week high stands at Rs 900, while the low is Rs 655.70, giving the company a market capitalization of Rs 56,276 crore.

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Global brokerage Macquarie, however, sees promise ahead for the stock. Maintaining an “Outperform” rating with a target of Rs 900, the brokerage highlighted that IRCTC’s return on capital employed (RoCE) and free cash flow (FCF) remain underappreciated by the market. Macquarie believes the company could witness a re-rating driven by stronger recognition of these fundamentals, despite its public-sector roots. The brokerage’s view underscores the potential for upside if investors begin to factor in IRCTC’s robust cash-generating capacity.

On the earnings front, IRCTC reported a consolidated net profit of Rs 331 crore for Q1 FY26, up 8 per cent from Rs 308 crore in the same quarter last year. Sequentially, net profit fell from Rs 358 crore in Q4 FY25. Revenue from operations rose 3 per cent year-on-year to Rs 1,160 crore, supported by higher contributions from the catering and internet ticketing segments, though it was lower than Rs 1,268.53 crore recorded in the preceding quarter.

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Abhay Shukla is a Senior Sub-Editor at Zee Business, where he covers the stock markets, corporate news, personal finance, technology, and auto sectors.

Prior to joining Zee Business, he w ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.