Finding the best monopoly stock in railway sector? If yes then in this post we are going to analyze the IRCTC share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the IRCTC stock price prediction for upcoming years, price target, we’ll take a look at the company’s profile, order book, sales growth, promotor holdings, technical factors, fundamental analysis, strength & weakness, shareholding patterns, and much more.
After reading this post, we must say that you might able to decide monopoly railway stock should be there in your portfolio for long-term or short-term?
A Brief Overview of Indian Railway Catering & Tourism Corporation Limited (IRCTC) History
The Indian Railway Catering & Tourism Corporation Limited (traded as IRCTC) is an government backed mini ratna company in the railway sector which works under the umbrella of the ministry of Railways, founded in 1999 as a Central PSU body.
It is the only company in India that provide railway tickets, catering services, and distribution of packed drinking water in trains and railway stations across India. The IRCTC’s headquarter is located in New Delhi, India. On October 2019, the IRCTC was listed in NSE and BSE through IPO.
IRCTC mainly focus on the catering services and railway ticketing business in both offline and online medium. Currently, the IRCTC served their services across all the railway stations in India.
However, the IRCTC incorporated as the government owned company under the administrative assistance of Ministry of Railway, GOI to provide hospitality services, catering, tourism, and online ticketing business. In this detailed blog post, we will try to cover various aspects that help to predict the IRCTC stock price prediction for 2024, 2025, 2026, 2030, and up to 2040 for educational purposes.
For long term investment, as a mid-cap stock and the future of IRCTC stock has potential with an steady growth because it is the only railway stock in India that offers online ticketing and catering services.
As the number of trains increasing, their revenue will also going to increase. For more detailing, we will use different market parameters, chart patterns, factors, and technical analysis to predicts the potential and forecast of IRCTC share up to the year 2040.
In this post, we will take a look IRCTCL’s current market position, holdings, anchor lists, their growth charts, dividends, risk factors, and other factors that influence its price forecast up to 2040.
| Company Type- | Mid Cap Company |
| Expertise or Industry- | Catering & Tourism |
| Ticker Symbol- | NSE- IRCTC BSE- 542830 |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1999 |
| Founders- | Government of India |
| Headquarters- | New Delhi, India |
| Key People- | Sanjay Kumar Jain (Chairman & MD) |
| Area Served- | India |
| Parent Holders- | Ministry of Railway, Govt. of India |
| Subsidiaries- | IRCTC Payments Limited. |
| Official Website- | irctc.com. |
Fundamental Analysis of IRCTC Stock
Currently, the IRCTC Share Price today– Rs 835.50.
As we seen their fundamental is very strong and the company is expanding themselves to increase their sales and revenue. With the help of IRCTC fundamental and technical analysis, we might also take help to predict the IRCTC share price target tomorrow. For the fundamental, we can look at the ROCE, OPM, MACD, RSI, Beta, Promoter Holdings, PE ratio, PEG, PB ratio, and so on. So, below is table of data that will give you an idea about the data analysis of IRCTC stock in the Indian Stock Market.
| Market Cap- | ₹ 66,836 Cr. |
| Total No. of Shareholders- | 19.25L |
| P/E Ratio- | 55.60 |
| P/B Ratio- | 20.69 |
| Face Value- | ₹2.00 |
| Book Value (TTM)- | ₹44.00 |
| EPS (TTM)- | Rs.15.00 |
| Dividend Yield- | 0.78% |
| Beta- | 1.40 |
| Promoter Holding- | 62.40% |
| ROE- | 40.40% |
| ROCE- | 53.80% |
| Debt to Equity- | 0.01 |
IRCTC Share Price Targets
As a monopoly railway stock in catering and ticketing business, this mid-cap stock has strong potential and backed by the government to generate revenue from online ticketing and catering services at the railway stations in India. In the past 5 years, we have seen a high growth with multibagger returns of around 385.95% (since 2020). In 2020, the starting price of IRCTC stock is ₹185.00 but now in 2024, the price is already touched the price of ₹1138.90.
With this result, we may predict that the IRCTC stock might perform amazing and still have chances to give multibagger returns to the investors in long-term for about 10-15 years with their increasing promoter holdings. So, below we are providing the IRCTC Share Price Target 2024, 2025 and up to 2030.
IRCTC Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 to 2040.
| IRCTC Stock Price Target 2024 | ₹891.00 to ₹950.50 |
| IRCTC Stock Price Target 2025 | ₹951.30 to ₹1300.60 |
| IRCTC Stock Price Target 2026 | ₹1301.70 to ₹1720.90 |
| IRCTC Stock Price Target 2027 | ₹1721.80 to ₹2000.10 |
| IRCTC Stock Price Target 2028 | ₹2001.50 to ₹2250.75 |
| IRCTC Stock Price Target 2029 | ₹2251.30 to ₹2530.25 |
| IRCTC Stock Price Target 2030 | ₹2531.50 to ₹2860.35 |
| IRCTC Stock Price Target 2035 | ₹2861.65 to ₹3100.45 |
| IRCTC Stock Price Target 2040 | ₹3102.00 to ₹3500.00 |
It may also be noted that the table below displays information of IRCTC Share Price Targets of all the particular years are just example targets. All the share price targets in this post are made only for education purpose only.
IRCTC Share Price Target 2024
| Year | IRCTC Stock Price in 2024 |
| 2024 | ₹891.00 to ₹950.50. |
IRCTC Share Price Target 2025
| Year | IRCTC Stock Price in 2025 |
| 2025 | ₹951.30 to ₹1300.60. |
IRCTC Share Price Target 2025– As the railway sector contribute heavily in the economy of India to make the country strong and developed, the railway sector will also be proven as a sunrising sector as we have already seen the potential in IRCTC Stock. With our prediction, the IRCTC Stock has chances to lie in the range of Rs.951.30 to Rs.1300.60 by the end of 2025.
IRCTC Share Price Target 2026
| Year | IRCTC Stock Price in 2026 |
| 2026 | ₹1301.70 to ₹1720.90. |
IRCTC Share Price Target 2026– With a positive market condition with some healthy correction, all the railway stocks were booming. With our prediction, the IRCTC Stock has potential to lie in the range of Rs. 1301.70 to Rs.1720.90 by the end of 2026.
IRCTC Share Price Target 2027
| Year | IRCTC Stock Price in 2027 |
| 2027 | ₹1721.80 to ₹2000.10. |
IRCTC Share Price Target 2027– India stock market is very attracted for the foreign investor to multiply their investment as the country is in developing phase and IRCTC stock is among the best stock in railway sector that has a monopoly in railway services. That’s why, the IRCTC share also help people to achieve their returns and the stock in 2027 will lie in the range of Rs.1721.80 to Rs.2000.10 by the end of 2027.
IRCTC Share Price Target 2028
| Year | IRCTC Stock Price in 2028 |
| 2028 | ₹2001.50 to ₹2250.75. |
IRCTC Share Price Target 2028– Considering positive growth in the Nifty or Sensex index for the mid-cap companies and with our analysis in railway sector, the IRCTC stock has a potential to increase their sales and revenue that will automatically increase their CMP and their price will lie in the range of Rs.2001.50 to Rs.2250.75 by the end of 2028.
IRCTC Share Price Target 2029
| Year | IRCTC Stock Price in 2029 |
| 2029 | ₹2251.30 to ₹2530.25. |
IRCTC Share Price Target 2029– Considering boom in railway sector the latest trains such aa bullet trains, rapid metro, etc., the IRCTC share has a potential of break their all-time high and their price will lie in the range of Rs.2251.30 to Rs.2530.25 by the end of 2029.
IRCTC Share Price Target 2030
| Year | IRCTC Stock Price in 2030 |
| 2030 | ₹2531.50 to ₹2860.35. |
IRCTC Share Price Target 2030– Considering IRCTC stock positive with a steady growth in their CMP that gives amazing returns to the investors. This share has amazing potential for long term investment and their price will lie in the range of Rs.2531.50 to Rs.2860.35 by the end of 2030.
IRCTC Share Price Target 2035
| Year | IRCTC Stock Price in 2035 |
| 2035 | ₹2861.65 to ₹3100.45. |
IRCTC Share Price Target 2035– the IRCTC Share price for 2035 will lie between Rs.2861.65 to Rs.3100.45 as the Indian railway sector is growing with expansions equipped with latest trains and technologies. It might also result the IRCTC stock price will break their own 52-week high frequently in the same year.
IRCTC Share Price Target 2040
| Year | IRCTC Stock Price in 2040 |
| 2040 | ₹3102.00 to ₹3500.00. |
IRCTC Share Price Target 2040– Considering growing reserves for expansion, increase in OPM%, PAT, and growing EPS, the IRCTC stock will might lie between the price range of Rs.3102.00 to Rs.3500.00 by the end of 2040. As a slow mover, this stock is good to beat FD returns.
Shareholding Pattern of IRCTC Share
Below is the table that shows the overall shareholders including FIIs and DIIs in the Indian Railway Catering & Tourism Corporation Ltd till September 2024.
| Total Promotor Holding | 62.40% |
| Mutual Funds | 3.56% |
| Other Domestic Institutions (DII) | 10.36% |
| Foreign Institutions (FII) | 7.54% |
| Retail Investors | 15.05% |
| Other Parties | 1.09% |
Strength and Weakness of IRCTC Stock
This portion of the article showcase the strength and weakness of Indian Railway Catering & Tourism Corporation Limited (IRCTC) in the railway sector for catering and ticketing business so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Net Cash Flow is positive. | PE Ratio is high. |
| EPS is increasing. | Stock is traded at their 52-week high. |
| Strong cash flow from their core business. | Valuation of the stock is expensive. |
| QoQ profits are increasing with increasing in growth. | PEG ratio is higher than the Industry PEG ratio. |
| Company is debt-free. |
IRCTC Peers and Competitors
The IRCTC company has no peer and competitors in this business unlike RVNL, IRCON, etc. It is the only government company that owns the catering and online ticketing business in railway across India.
Final Words about IRCTC Share Price Target
We hope that this post might help you to gain educational knowledge about the IRCTC share price target that will help you to decide whether this monopoly railway stock get some space in your watchlist of not.
According to our analysis, we might say that IRCTC stock has potential as it is the only stock that provide catering services and ticketing business to railway and government of India. In the upcoming years, this railways stock might give great returns to the investors with a steady growth for long period of time.
One thing we must say, the demand in the catering services and online ticketing will increase in future because the number of trains and railways stations are increasing that will definitely help the IRCTC share to grow and give great returns to the investors in the upcoming years.
Do your own research properly at your own risk and analyze stocks by yourself because market has always gone in a correction phase that will also impact your portfolio and IRCTC stock’s performance.
Therefore, these IRCTC stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the IRCTC share for investment! Please read the Disclaimer below.
