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IRCTCNSEIndian Railway Catering And Tourism Corporation Limited· Leisure ServicesHighNeutral
Announced Tue, 26 May, 2026 · 20:58 IST

Indian Railway Catering And Tourism Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Emphasis Of MatterExceptional ItemEbitda Margin CompressionContingent Liabilities IncreasedResults View source PDFExplain this filing

IRCTC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.7%Reaction day
₹537.55
prior close
₹532.40
announcement price
After-mkt
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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.4%-3.1% vs market
Tour Travel Related Services peers, median of 6sector-1.7%-1.0% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Midcap 150 and 1.0 pts less than its Tour Travel Related Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

IRCTC reported standalone revenue from operations of Rs 521.5 crore for FY2026, up 11.5% from Rs 467.5 crore in FY2025. Net profit after tax stood at Rs 139.3 crore, growing approximately 6% from Rs 131.5 crore in the prior year. EBITDA margin compressed slightly to around 35% from 36.3% in FY2025 due to higher expense growth. The Board recommended a final dividend of Rs 0.50 per share, bringing total dividend for FY2026 to Rs 9.00 per share. The auditor issued an unmodified opinion with an emphasis of matter citing multiple pending legal matters including a Rs 5,041.44 lakh anti-profiteering notice from NAA, an arbitration award matter resolved in IRCTC's favour by the Supreme Court, and significant trade receivables of Rs 1,870.29 crore from Railways including Rs 389.89 crore outstanding over 3 years. Exceptional items of Rs 16.79 crore included income from Tejas express charge reductions and write-back of provisions.

Likely market impact

Revenue and profit showed steady growth but below 20% threshold, with slight margin compression. Multiple emphasis of matter items indicate contingent liabilities and reconciliation issues that shareholders should monitor. Strong dividend payout signals confidence.