This PSU Navratna stock trades muted after mixed Q4 show; analysts see 15% potential upside

PSU Navrartna stock IRCTC - Indian Railway Catering and Tourism Corporation traded on a muted note in Thursday's session after a positive opening. At around 10:45 am, shares of the company traded with a positive bias at Rs 777.3 per share. 

The muted trade in the stock is seen post the company's Q4 performance which was reported yesterday.

IRCTC Q4FY25 results

For the March quarter, the company posted mixed results with marginal operational weakness, beat in revenue and profitability. For the quarter ending March, the company's profit came in at Rs 358.2 crore as against Rs 284.2 crore in the same quarter of the previous year. Zee Business analysts expected profit to come in at Rs 328 crore.

Topline at the railways major also increased 10.1 per cent on-year from Rs 1,151.7 crore in the same quarter of the previous year to Rs 1,268.5 crore in Q4FY25. Analysts expected revenue at the ticketing major to come in at Rs 1,249 crore.

On the operational front, the company reported Rs 385.5 crore in EBITDA or earnings before interest, taxes, depreciation and ammortisation which was Rs 362.4 crore in the same quarter of the previous year.

Likewise, margin stood at 30.4 per cent in Q4FY25 versus 31.5 per cent in the same quarter of the previous year. Analysts expected margins to improve to 33 per cent.