Indian Railway Catering And Tourism Corporation Limited vs TBO Tek Limited
An objective side-by-side of IRCTC and TBOTEK, both in Travel Agencies: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: IRCTC Mar 2026 · TBOTEK Jun 2026
At a glance
- Indian Railway Catering And Tourism Corporation Limited is the larger company by market value, about 2.1 times the size of TBO Tek Limited.
- On trailing earnings, Indian Railway Catering And Tourism Corporation Limited trades at the lower P/E (27.0 against 68.8).
- Indian Railway Catering And Tourism Corporation Limited earns the higher return on equity (32.3% against 17.1%).
- Over three years TBO Tek Limited has grown profits faster (20% a year against 12%).
- Over the past year the share prices returned -35.1% (IRCTC) and +7.2% (TBOTEK).
| Metric | Indian Railway IRCTC |
TBO Tek TBOTEK |
|---|---|---|
| Size and price | ||
| Market cap | ₹37,656 Cr | ₹18,206 Cr |
| Share price | ₹470.70 | ₹1,705 |
| Valuation | ||
| P/E | 27.04 | 68.79 |
| P/B | 8.74 | 11.74 |
| EV/EBITDA | 22.66 | 43.95 |
| PEG | 2.25 | 3.44 |
| Dividend yield | 1.8% | 0.0% |
| Profitability | ||
| ROE | 32.3% | 17.1% |
| ROCE | 46.0% | 18.0% |
| Operating margin | 31.9% | 14.0% |
| Sales (TTM) | ₹5,215 Cr | ₹3,092 Cr |
| Net profit (TTM) | ₹1,393 Cr | ₹265 Cr |
| Growth | ||
| Latest quarter sales YoY | +15.1% | +81.1% |
| Latest quarter profit YoY | -8.9% | +32.4% |
| Sales CAGR 3Y | +14.0% | +36.0% |
| Profit CAGR 3Y | +12.0% | +20.0% |
| Sales CAGR 5Y | — | +80.0% |
| Profit CAGR 5Y | — | +91.0% |
| Financial strength | ||
| Debt/Equity | 0.02 | 0.49 |
| Interest cover | 87.89 | 6.38 |
| Ownership | ||
| Promoter holding | 62.4% | 44.4% |
| Promoter change (4 qtrs) | +0.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -3.13% | +0.14% |
| Return 3M | -9.78% | +17.09% |
| Return 1Y | -35.10% | +7.22% |
| Return YTD | -31.24% | +2.54% |
| Technical condition | ||
| Technical score | 24 | 85 |
| RS rating (1-99) | 16.00 | 74.00 |
| % vs 200-DMA | -15.48% | +18.80% |
| RSI (14) | 44.61 | 55.35 |
| % from 52-week high | -36.31% | -3.39% |
