Nahar's Biopsy on IRCTC (What after IPO)
Some Facts and Points you must take a note of. 1)(Only entity authorized by Indian Railways...0.80mn ticket's are booked everday) 2)Railway passengers has remained same since last four years as was 8397mn in 2014 and 8286mn in 2018.. Which average price of the products have risen as revenue has rose. 3)Private final consumption expenditure(in trillion) rose for India from 59.1 in 2015 & 74.2 in 2018 and Per capita Income rose from 72805 in 2015 & 87623 in 2018.Ths data is important as it links with its business of Catering and packaged drinking water which has shown uptick. 4)They provide catering services for approximately 350 pre paid and post- paid trains and 530 static units...and the rise in ths channel depicts its growth in catering segment.IRCTC plans to expand its base kitchen network with 15-20 Greenfield base kitchens. 5)They have approx. 1.09 mn litres per day capacity for packaged drinking water which only satisfy 45% of current demand thu...