🚀 VC round data is live in beta, check it out!
- Public Comps
- Indian Railway Catering
Indian Railway Catering Valuation Multiples
Discover revenue and EBITDA valuation multiples for Indian Railway Catering and similar public comparables like Glarun Technology, Rail Vikas Nigam, China Railway Signal, Newag and more.
Indian Railway Catering Overview
About Indian Railway Catering
Indian Railway Catering And Tourism Corp Ltd is engaged in catering and hospitality services at stations, on trains, and other locations, and to promote domestic and international tourism through the development of budget hotels, special tour packages, information, and commercial publicity and world-wide reservation systems. The company's segments are Catering, Rail Neer, Internet Ticketing, and Tourism & Train Operation. A vast majority of its revenues are derived from the Catering business.
Founded
1999
HQ

Employees
2.8K
Website
Sectors
Financials (LTM)
EV
$5B
Indian Railway Catering Financials
Indian Railway Catering reported last 12-month revenue of $561M and EBITDA of $192M.
In the same LTM period, Indian Railway Catering generated $526M in gross profit, $192M in EBITDA, and $156M in net income.
Revenue (LTM)
Indian Railway Catering P&L
In the most recent fiscal year, Indian Railway Catering reported revenue of $547M and EBITDA of $199M.
Indian Railway Catering expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $561M | XXX | $547M | XXX | XXX | XXX |
| Gross Profit | $526M | XXX | $189M | XXX | XXX | XXX |
| Gross Margin | 94% | XXX | 35% | XXX | XXX | XXX |
| EBITDA | $192M | XXX | $199M | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 36% | XXX | XXX | XXX |
| EBIT Margin | 34% | XXX | 33% | XXX | XXX | XXX |
| Net Profit | $156M | XXX | $151M | XXX | XXX | XXX |
| Net Margin | 28% | XXX | 28% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Indian Railway Catering Stock Performance
Indian Railway Catering has current market cap of $5B, and enterprise value of $5B.
Market Cap Evolution
Indian Railway Catering's stock price is $6.48.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $5B | 0.4% | XXX | XXX | XXX | $0.19 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialIndian Railway Catering Valuation Multiples
Indian Railway Catering trades at 8.6x EV/Revenue multiple, and 25.1x EV/EBITDA.
EV / Revenue (LTM)
Indian Railway Catering Financial Valuation Multiples
As of March 7, 2026, Indian Railway Catering has market cap of $5B and EV of $5B.
Equity research analysts estimate Indian Railway Catering's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Indian Railway Catering has a P/E ratio of 33.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 8.6x | XXX | 8.8x | XXX | XXX | XXX |
| EV/EBITDA | 25.1x | XXX | 24.3x | XXX | XXX | XXX |
| EV/EBIT | 25.5x | XXX | 26.8x | XXX | XXX | XXX |
| EV/Gross Profit | 9.2x | XXX | 25.6x | XXX | XXX | XXX |
| P/E | 33.3x | XXX | 34.3x | XXX | XXX | XXX |
| EV/FCF | 34.3x | XXX | 56.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Indian Railway Catering Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Indian Railway Catering Margins & Growth Rates
Indian Railway Catering's revenue in the last 12 month grew by 9%.
Indian Railway Catering's revenue per employee in the last FY averaged $0.2M.
Indian Railway Catering's rule of 40 is 43% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Indian Railway Catering's rule of X is 56% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Indian Railway Catering Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 36% | XXX | XXX | XXX |
| EBITDA Growth | 11% | XXX | (3%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 43% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 56% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 5% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Indian Railway Catering Public Comps
See public comps and valuation multiples for other Rail Infrastructure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Glarun Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Rail Vikas Nigam | XXX | XXX | XXX | XXX | XXX | XXX |
| China Railway Signal | XXX | XXX | XXX | XXX | XXX | XXX |
| Newag | XXX | XXX | XXX | XXX | XXX | XXX |
| FTAI Infrastructure | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Indian Railway Catering M&A Activity
Indian Railway Catering acquired XXX companies to date.
Last acquisition by Indian Railway Catering was on XXXXXXXX, XXXXX. Indian Railway Catering acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Indian Railway Catering
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialIndian Railway Catering Investment Activity
Indian Railway Catering invested in XXX companies to date.
Indian Railway Catering made its latest investment on XXXXXXXX, XXXXX. Indian Railway Catering invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Indian Railway Catering
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Indian Railway Catering
| When was Indian Railway Catering founded? | Indian Railway Catering was founded in 1999. |
| Where is Indian Railway Catering headquartered? | Indian Railway Catering is headquartered in India. |
| How many employees does Indian Railway Catering have? | As of today, Indian Railway Catering has over 2K employees. |
| Is Indian Railway Catering publicly listed? | Yes, Indian Railway Catering is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Indian Railway Catering? | Indian Railway Catering trades under IRCTC ticker. |
| When did Indian Railway Catering go public? | Indian Railway Catering went public in 2019. |
| Who are competitors of Indian Railway Catering? | Indian Railway Catering main competitors are Glarun Technology, Rail Vikas Nigam, China Railway Signal, Newag. |
| What is the current market cap of Indian Railway Catering? | Indian Railway Catering's current market cap is $5B. |
| What is the current revenue of Indian Railway Catering? | Indian Railway Catering's last 12 months revenue is $561M. |
| What is the current revenue growth of Indian Railway Catering? | Indian Railway Catering revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Indian Railway Catering? | Current revenue multiple of Indian Railway Catering is 8.6x. |
| Is Indian Railway Catering profitable? | Yes, Indian Railway Catering is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Indian Railway Catering? | Indian Railway Catering's last 12 months EBITDA is $192M. |
| What is Indian Railway Catering's EBITDA margin? | Indian Railway Catering's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Indian Railway Catering? | Current EBITDA multiple of Indian Railway Catering is 25.1x. |
| What is the current FCF of Indian Railway Catering? | Indian Railway Catering's last 12 months FCF is $141M. |
| What is Indian Railway Catering's FCF margin? | Indian Railway Catering's last 12 months FCF margin is 25%. |
| What is the current EV/FCF multiple of Indian Railway Catering? | Current FCF multiple of Indian Railway Catering is 34.3x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.