India · Delayed Price · Currency is INR Indian Railway Catering & Tourism Corporation Earnings Call Transcripts
Fiscal Year 2026
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Record revenue and profitability achieved in FY 2025-2026, with strong growth in catering and tourism segments. Margins were impacted by exceptional items, but long-term EBITDA margin guidance remains at 30%. Dividend payout and infrastructure investments continue.
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Q3 FY26 saw record revenue and profitability, with PAT up 15.5% and revenue up 18.2% year-over-year. Growth was broad-based across internet ticketing, catering, Rail Neer, and tourism, with strong digital adoption and capacity expansion plans underway.
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Q2 FY2026 saw 11% profit growth and 7.71% revenue increase, driven by strong internet ticketing, catering, and tourism segments. New digital initiatives, payment aggregator plans, and MICE tourism expansion support future growth, while cost management and automation address operational challenges.
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Q1 FY 2026 saw 7.14% PAT growth and 4% revenue increase, led by Internet ticketing and tourism. EBITDA margin improved to 34.27%, with strong digital adoption and new initiatives in tourism and payment services supporting future growth.
Fiscal Year 2025
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Q4 and FY25 saw record revenues and strong profit growth, driven by internet ticketing, tourism, and catering. Dividend payout reached an all-time high, while segmental performance and digital initiatives signal continued momentum.
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Q3 FY25 saw record revenue and profit, driven by strong growth in catering and tourism, with robust margins in Internet Ticketing and Rail Neer. E-catering volumes doubled year-over-year, and new Rail Neer capacity is planned. Luxury tourism and non-fare revenue remain key growth drivers.
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Q1 FY25 delivered record profit and robust growth, led by catering and internet ticketing, with strong EBITDA margins and expanding Rail Neer capacity. Management expects to sustain high growth rates, supported by infrastructure investments and new plant additions.