This research work focuses on the analysis of the financial statements of Indian railway meals and tourism (IRCTC), a major public sector under the Ministry of Railways. The main objective of the study is to evaluate the financial performance and stability of IRCTC by examining its key financial indicators in recent financial years. The analysis is performed using various financial instruments, including the analysis of the ratio, horizontal and vertical analysis and evaluation of cash flows to assess profitability, liquidity, efficiency and solvency. By interpreting trends and formulas in the company's financial data, the IRCTC's financial strengths and potential areas of interest emphasize. The study also considers the influence of external challenges, such as economic disruptions and regulatory changes, on the financial results of the company. The aim of the finding is to support the decisions of the parties, investors and politicians and contribute to a broader understanding of financial performance in the public sector.