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 2026-11-06 close
Latest results: IRCTC Jun 2026 · TBOTEK Sep 2026
At a glance
- Indian Railway Catering And Tourism Corporation Limited is the larger company by market value, about 2.2 times the size of TBO Tek Limited.
- On trailing earnings, Indian Railway Catering And Tourism Corporation Limited trades at the lower P/E (26.3 against 61.2).
- Indian Railway Catering And Tourism Corporation Limited earns the higher return on equity (32.3% against 15.7%).
- Over three years TBO Tek Limited has grown profits faster (20% a year against 12%).
- Over the past year the share prices returned -36.4% (IRCTC) and +5.5% (TBOTEK).
| Metric | Indian Railway IRCTC |
TBO Tek TBOTEK |
|---|---|---|
| Size and price | ||
| Market cap | ₹36,560 Cr | ₹16,708 Cr |
| Share price | ₹457.00 | ₹1,564.70 |
| Valuation | ||
| P/E | 26.27 | 61.18 |
| P/B | 8.48 | 9.62 |
| EV/EBITDA | 22.14 | 36.28 |
| PEG | 2.19 | 3.06 |
| Dividend yield | 1.9% | 0.0% |
| Profitability | ||
| ROE | 32.3% | 15.7% |
| ROCE | 46.0% | 18.0% |
| Operating margin | 30.5% | 14.1% |
| Sales (TTM) | ₹5,425 Cr | ₹3,390 Cr |
| Net profit (TTM) | ₹1,392 Cr | ₹273 Cr |
| Growth | ||
| Latest quarter sales YoY | +18.1% | +52.5% |
| Latest quarter profit YoY | -0.3% | +12.5% |
| 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 | 0.39 |
| Interest cover | 87.89 | 6.38 |
| Ownership | ||
| Promoter holding | 62.4% | 44.4% |
| Promoter change (4 qtrs) | +0.00 pp | — |
| Price performance | ||
| Return 1M | +0.74% | -8.20% |
| Return 3M | -12.19% | -3.60% |
| Return 1Y | -36.41% | +5.49% |
| Return YTD | -33.25% | -5.89% |
| Technical condition | ||
| Technical score | 51 | 44 |
| RS rating (1-99) | 20.00 | 73.00 |
| % vs 200-DMA | -12.45% | +9.33% |
| RSI (14) | 51.92 | 45.41 |
| % from 52-week high | -36.97% | -11.72% |
