IRCTC has announced that its Board of Directors will convene on February 12, 2026, to review the company's quarterly performance and consider shareholder returns. The meeting, scheduled in compliance with SEBI regulations, will address key financial matters for the third quarter of fiscal year 2025-26.

Board Meeting Agenda

The board meeting will focus on two primary objectives as outlined in the company's regulatory filing. The directors will consider and approve the unaudited financial results for both standalone and consolidated operations covering the quarter and nine months ended December 31, 2025. These results will be reviewed by the Audit Committee before board approval.

Interim Dividend Consideration

The board will deliberate on declaring a 2nd interim dividend for the financial year 2025-26. In accordance with SEBI regulations, the company has established February 20, 2026, as the record date for determining eligible shareholders for the interim dividend payment, should the board approve the distribution.

Trading Window Restrictions

As per the company's Internal Code of Conduct for Prevention of Insider Trading, trading restrictions are currently in effect. The trading window closed on January 1, 2026, and will remain closed until 48 hours after the financial results declaration, extending through February 14, 2026. During this period, insiders are prohibited from dealing in IRCTC shares.

Regulatory Compliance

The board meeting notification has been filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about the scheduled meeting and associated timelines. IRCTC trades on BSE under scrip code 542830 and on NSE under the symbol IRCTC.

The company secretary and compliance officer, Suman Kalra, has signed the regulatory filing on behalf of Indian Railway Catering & Tourism Corporation Limited, ensuring all stakeholders are informed of the upcoming corporate actions and trading restrictions.

IRCTC shares experienced a 2% decline to ₹616.25 during Friday's trading session amid prevailing bearish market sentiment. The stock, which is a constituent of the Nifty Midcap 150 index, faced downward pressure despite the company's strong underlying financial fundamentals.

Strong Revenue and Profit Growth

IRCTC has demonstrated consistent financial growth over the past few years, with impressive year-over-year improvements across key metrics. The company's consolidated performance shows substantial expansion in both revenue and profitability.

Quarterly Performance Trends

The quarterly results reveal some variability in performance, with revenue peaking at ₹1,268.53 crores in March 2025. Recent quarters show fluctuations but maintain relatively stable profitability levels.

Financial Health and Key Ratios

IRCTC maintains a robust financial position with several positive indicators. The company operates with zero debt, as evidenced by its debt-to-equity ratio of 0.00 across all reported periods. Key financial ratios demonstrate the company's operational efficiency and profitability.

Recent Corporate Actions

IRCTC has maintained an active dividend policy with multiple recent announcements. The company declared an interim dividend of ₹5.00 per share (250%) on October 29, 2025, effective November 21, 2025. Earlier in the year, it announced a final dividend of ₹1.00 per share (50%) on May 28, 2025, and a second interim dividend of ₹3.00 per share (150%) on January 29, 2025.

Cash Flow and Balance Sheet Position

The company's balance sheet reflects steady growth in total assets, increasing from ₹5,088 crores in March 2023 to ₹6,799 crores in March 2025. Reserves and surplus have grown significantly from ₹2,318 crores to ₹3,503 crores over the same period, indicating retained earnings growth. However, net cash flow turned negative at ₹328 crores in March 2025, compared to positive ₹277 crores in March 2024, primarily due to increased financing activities.

Despite the current market weakness affecting the stock price, IRCTC's fundamental financial metrics continue to show strength across revenue growth, profitability, and balance sheet health.