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HomeMarket NewsIRCTC shares in focus after FY26 numbers surpass guidance on most parameters
The company surpassed its full-year management guidance on both revenue growth and EBITDA margin for FY26. IRCTC had guided for 9-10% revenue growth and an EBITDA margin of 33-35% for the fiscal, both of which were exceeded.
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Shares of Indian Railway Catering and Tourism Corporation (IRCTC) will remain in focus on Wednesday, May 27, after the railway-ticketing and catering major reported a mixed set of fourth-quarter results for FY26.
The company surpassed its full-year management guidance on both revenue growth and EBITDA margin for FY26. IRCTC had guided for 9-10% revenue growth and an EBITDA margin of 33-35% for the fiscal, both of which were exceeded.
However, net profit for the March quarter declined 9% on a year-on-year basis due to the impact of exceptional gains recorded in the corresponding quarter last year.
The Q4FY25 base included exceptional items worth nearly ₹46 crore, including ₹39.88 crore related to the net impact of one-time reconciliation of legacy balances and ₹5.8 crore from write-back of excess expense provisions of previous years.
Operationally, margins remained under pressure across the ticketing, catering, and tourism businesses during the quarter.
On the segmental front, IRCTC achieved its targeted 8% revenue growth in the ticketing business, while catering revenue growth came in ahead of guidance.
The tourism segment growth remained broadly in line with the company’s 15-20% target range. However, revenue growth in the Rail Neer business missed the company’s 7-8% guidance.
Shares of IRCTC ended marginally lower by 0.056% at ₹537.55 on Tuesday. The stock has declined 22% so far in 2026.
