Navratna Status For IRCTC & IRFC

On which date did IRCTC and IRFC receive Navratna status?

March 3, 2025

What status was granted to IRCTC and IRFC in March 2025?

Navratna

How many total Navratna CPSEs are there after IRCTC and IRFC were added?

26

Which government body grants Navratna status?

Department of Public Enterprises (DPE), Ministry of Finance

What is the main benefit of Navratna status for a CPSE?

Greater autonomy in investment and decision-making

What is the investment limit under Navratna status without government approval?

₹1,000 crore or 15% of net worth per project

What are companies allowed to do freely under Navratna status?

Form JVs, subsidiaries, mergers, and acquisitions

Which strategic benefit does Navratna status offer globally?

Easier entry into foreign markets and alliances

Which quality makes Navratna CPSEs attractive to investors?

Financial stability and autonomy

What is the minimum score across performance indicators required for Navratna status?

60+

For how many of the last 5 years must a CPSE receive "Excellent/Very Good" MOU ratings to qualify?

3

What are some of the financial indicators considered for Navratna status?

EPS, RoCE, PBIT to turnover, manpower cost ratio

Who is the CMD of IRCTC?

Sanjay Kumar Jain

When was IRCTC established?

September 27, 1999

What are the core functions of IRCTC?

Catering, tourism, online ticketing, e-catering

What percentage of equity in IRCTC is held by the Ministry of Railways?

62.4%

When was IRFC established?

December 12, 1986

What is the primary role of IRFC?

Raising financial resources for Indian Railways

Who is the CMD & CEO of IRFC?

Shri Manoj Kumar Dubey

What percentage of equity in IRFC is held by the Ministry of Railways?

86.36%

IRCTC and IRFC became the 25th and 26th companies with Navratna status under which category?

Central Public Sector Enterprises

How many listed Indian Railways CPSEs now hold Navratna status after the inclusion of IRCTC and IRFC?

Seven

What key financial performance indicator is used to evaluate CPSEs for Navratna status?

Earnings Per Share (EPS)

What type of organization is IRFC considered under Indian corporate classification?

Public Sector Enterprise

Besides ticketing and tourism, which service is managed by IRCTC?

E-catering services

What is the minimum performance score required across six key indicators for Navratna eligibility?

60 or higher