MarketFriction

India Tourism Development Corporation Ltd

NSE ITDC · BSE 532189 · Hotels & Resorts
₹665.60 -3.21%
NSE close2026-10-01
52 week range368.00 - 822.00
Market cap₹5,636 Cr.
P/E68.1
Price band 20% Delivery 28.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales131.03134.93141.0584.91145.63143.53199.9487.75118.49184.78142.0190.10
Expenses107.07112.29116.4877.10125.61118.13167.7478.7799.39151.95111.5281.77
Operating Profit23.9622.6424.577.8120.0225.4032.208.9819.1032.8330.498.33
OPM %18.29%16.78%17.42%9.20%13.75%17.70%16.10%10.23%16.12%17.77%21.47%9.25%
Other Income2.924.625.693.505.896.664.405.546.467.679.827.02
Interest0.230.202.610.140.160.330.370.400.370.430.560.19
Depreciation1.791.741.481.591.611.821.611.711.731.791.821.60
Profit before tax24.8625.3226.179.5824.1429.9134.6212.4123.4638.2837.9313.56
Tax %23.69%29.30%61.98%-22.34%2.03%30.99%28.31%21.43%30.31%26.83%25.44%30.75%
Net Profit19.1818.039.9411.8223.6520.6424.829.7416.3528.0128.279.39
EPS in Rs2.242.101.161.382.782.422.931.151.923.273.301.11
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales459349346354347177294464509571533535
Expenses441340372335329222292388415487442445
Operating Profit189-271918-4427594849191
OPM %3.9%2.5%-8%5%5%-25%0.7%16%18%15%17%17%
Other Income191658442516131718202931
Interest111111113122
Depreciation977787777777
Profit before tax2717235535-3678410197112113
Tax %36%49%38%32%47%2%46%31%37%18%26%
Net Profit189143819-3745964808282
EPS in Rs2.080.871.354.582.37-4.060.496.907.539.379.649.60
Dividend Payout %72%153%137%46%0%0%0%32%33%31%31%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%25%5%-7%
Compounded Profit Growth14%34%12%3%
Stock Price CAGR13%9%20%14%
Return on Equity10%18%22%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital868686868686868686868686
Reserves214216221222243234195198256220277337
Borrowings445111111111
Other Liabilities311304307359332298281300591708384339
Total Liabilities6146106186676636195635849341,015747762
Fixed Assets525157575551454046404242
CWIP78134666113469
Investments000000000000
Other Assets556551547606602562511534885970700712
Total Assets6146106186676636195635849341,015747762
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-3813-715-298-1316-12-35370
Cash from Investing Activity2015-172312115-350-4-73
Cash from Financing Activity-5-21-15-9-20-22000-19-22-25
Net Cash Flow-247-2313-25-2-221-152827-28
Free Cash Flow-453-28-1-243-1710-25-54360
CFO/OP-252%127%60%-93%-99%98%3%738%-8%8%76%90%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days89861021081001021368862547776
Inventory Days597966604412226811786134220201
Days Payable2483053323342726731,1197217679371,465884
Cash Conversion Cycle-100-139-164-165-129-449-715-516-619-748-1,168-607
Working Capital Days-9-18-19-38-1222-16-3-141-2444031
ROCE %11%12%9%-2%11%10%-12%3%28%34%30%30%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters87.03%87.03%87.03%87.03%87.03%87.03%87.03%87.03%87.03%87.03%87.03%87.03%
FIIs0.02%0.00%0.09%0.01%0.00%0.01%0.00%0.00%0.01%0.00%0.02%0.03%
DIIs1.98%1.86%1.79%1.80%1.80%1.80%1.78%1.78%1.78%1.78%1.78%1.78%
Public10.97%11.10%11.09%11.16%11.17%11.17%11.19%11.19%11.18%11.19%11.17%11.16%
No. of Shareholders18,48219,49428,13128,15830,40330,20831,15130,88430,74330,10130,73432,454

Fundamentals

Market Cap₹ 5,636 Cr.
Current Price₹ 657
Stock P/E68.1
Book Value₹ 49.3
ROCE29.9 %
ROE21.0 %
Dividend Yield0.45 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)3%
Consolidated figures.
Valuation
Market capRs 5,709 Cr
Enterprise valueRs 5,439 Cr
P/E (TTM)69.33x
Price to book13.50x
Price to sales10.66x
EV / EBITDA44.68x
EV / EBIT47.38x
EV / sales10.16x
Price to cash flow81.05x
Earnings yield1.44%
Dividend yield0.44%
P/E, 3-year average61.68x
P/B, 3-year average13.05x
P/E, 5-year average198.90x
P/B, 5-year average11.60x
Profitability
Operating margin (excl. other income)17.15%
Operating margin (incl. other income)22.68%
EBITDA margin22.74%
Pre-tax margin21.15%
Net profit margin15.38%
Net margin, latest quarter10.57%
ROE21.06%
ROCE28.94%
ROA10.96%
ROE, 3-year average21.69%
ROCE, 3-year average30.14%
ROA, 3-year average8.91%
ROE, 5-year average17.10%
ROCE, 5-year average24.11%
ROA, 5-year average7.05%
ROIC (approx.)55.27%
Tax rate26.49%
Other income / net worth6.97%
Growth
Sales growth (latest year)-6.64%
Profit growth (latest year)2.87%
Sales CAGR, 3 years4.76%
Sales CAGR, 5 years24.64%
Profit CAGR, 3 years11.82%
Sales growth QoQ-36.55%
Profit growth QoQ-66.35%
Sales growth YoY (latest quarter)2.68%
Profit growth YoY (latest quarter)-3.64%
Per share
EPS (TTM)Rs 9.60
EPS (latest year)Rs 9.64
EPS (latest quarter)Rs 1.11
EPS, 3-year averageRs 8.85
EPS, 5-year averageRs 6.79
Book value per shareRs 49.29
Sales per shareRs 62.42
Cash flow per shareRs 8.21
Free cash flow per shareRs 7.00
Dividend per share (latest year)Rs 2.95
Dividend per share, 3-year averageRs 2.79
Dividend per share, 5-year averageRs 2.64
Dividends
Dividend payout30.59%
Dividend payout, 3-year average31.66%
Dividend payout, 5-year average31.72%
Efficiency
Asset turnover0.70x
Fixed asset turnover12.79x
Inventory turnover16.88x
Inventory days22 days
Debtor days76 days
Debtors turnover4.83x
Creditor days884 days
Cash conversion cycle-607 days
Working capital days31 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 271 Cr
Net debtRs -270 Cr
Debt to equity0.00x
Net debt / EBITDA-2.22x
Interest coverage74.05x
Current ratio (filing 2026-03-31)1.93x
Quick ratio (filing 2026-03-31)1.87x
Trade payables (filing 2026-03-31)Rs 79 Cr
Owners' fund to total sources55.46%
Debt to assets0.08%
Cash flow
Cash from Operating Activity (latest year)Rs 70 Cr
Cash from Investing Activity (latest year)Rs -73 Cr
Cash from Financing Activity (latest year)Rs -25 Cr
Net Cash Flow (latest year)Rs -28 Cr
Free cash flow (latest year)Rs 60 Cr
FCFE (approx.: FCF + change in debt)Rs 60 Cr
Cash from ops / profit, 5 years0.43x
Sales to cash flow7.57x
Statement figures
Net sales (TTM)Rs 535 Cr
Net sales (latest year)Rs 533 Cr
Sales (latest quarter)Rs 90 Cr
Operating profit excl. other income (latest year)Rs 91 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 31 Cr
EBITDA (TTM)Rs 122 Cr
PBDT (TTM)Rs 120 Cr
Profit before tax (TTM)Rs 113 Cr
Tax (latest year)Rs 30 Cr
Net profit (TTM)Rs 82 Cr
Net profit (latest year)Rs 83 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 304 Cr
Total expenditure (latest year)Rs 442 Cr
Total income (latest year)Rs 562 Cr
Share capitalRs 86 Cr
ReservesRs 337 Cr
Shareholders' fundsRs 423 Cr
Total assetsRs 762 Cr
Net blockRs 42 Cr
Capital work in progressRs 9 Cr
ReceivablesRs 110 Cr
InventoryRs 18 Cr
Other liabilitiesRs 339 Cr
Shares outstanding (crore)8.58
Ownership
Promoter holding87.03% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 69.3 is at the 40th percentile of its own 6.4-year range (median 76.0, low 28.3, high 305.7).
P/B 13.50 is at the 70th percentile (median 11.37).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodITDCNifty 50Difference
1 week-2.9%-2.8% -0.2 pts
1 month+3.2%-6.8% +10.0 pts
3 months+13.2%-7.6% +20.8 pts
6 months+79.6%+0.4% +79.2 pts
1 year+10.9%-9.9% +20.8 pts
2 years-4.9%-13.6% +8.7 pts
3 years+77.0%+14.2% +62.8 pts
5 years+57.8%+27.9% +29.9 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹90 Cr +2.7% vs Jun 2025. Net profit ₹9 Cr -3.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-15Dividend - Rs 2.95 Per Share
2025-09-08Dividend - Rs 2.90 Per Share
2024-08-30Dividend - Rs 2.52 Per Share
2024-08-30Annual General Meeting
2023-09-22Annual General Meeting
2023-09-20Dividend - Rs 2.20 Per Share
2022-09-22Annual General Meeting
2021-12-16 Annual General Meeting
2020-12-23 Annual General Meeting
2019-09-05 Annual General Meeting/Dividend - Rs 2.10 Per Share
2018-09-19 Annual General Meeting/Dividend Rs 1.85 Per Share
2017-09-21 Annual General Meeting/Dividend - Rs 1.33 Per Share
DateTypeWhat it says
2026-09-30Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-09-30Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-09-23Shareholder meetingVoting results.
2026-09-22Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-09-22General UpdatesThe comments of the Board of Directors observed in the IGR for the quarter ended June 30, 2026.
2026-09-22Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-09-22Shareholder meetingProceedings of Annual General Meeting held on September 22, 2026
2026-09-10Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-09-10Volume querySignificant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors hav...
2026-08-29General UpdatesLetter containing exact path of Annual Report for FY 2025-26 sent to those shareholder(s) whose email address(es) are not registered with the Registra...
2026-08-29Record DateRecord date for the purpose of Dividend is 15-Sep-2026.
2026-08-29Shareholder meetingNotice of Annual General Meeting to be held on September 22, 2026
2026-08-10Board meeting outcomeIndia Tourism Development Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-14UpdatesPlease find enclosed comments made by the Board in its meeting held on 30.06.2026 w.r.t. non-compliance observed in IGR for the Quarter ended on 31.03...
2026-06-18AppointmentAppointment of Sh. Malay Kumar Singha as Non- Executive Independent Director of the company w.e.f. Jun 18, 2026.
2026-06-05Disclosure under SEBI TakeovIndia Tourism Development Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange...
2026-05-26General UpdatesAppointment of Non Official Director on the Board of the Company
2026-05-21DividendBoard of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 2.95 per equity share.
2026-05-21Board meeting outcomeIndia Tourism Development Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-08AppointmentAppointment of Ms. Vandana Jain as Non- Executive Director of the company w.e.f. May 08, 2026.
2026-04-29CessationCessation of Ms Ranjana Chopra as Non- Executive Nominee Director of the company w.e.f. April 29, 2026.
2026-04-15CessationCessation of Mr Manan Kaushal as Independent Director of the company w.e.f. April 16, 2026.
2026-04-10News clarificationThe Exchange has sought clarification from India Tourism Development Corporation Limited with respect to recent news item captioned ITDC Reset: Three ...
2026-04-10News clarificationThe Exchange has sought clarification from India Tourism Development Corporation Limited with respect to recent news item captioned ITDC Reset: Three ...
2026-04-08UpdatesComments made by the Board in its meeting held on 24.03.2026 w.r.t. non compliance observed in IGR for the Quarter ended on 31.12.2025 under SEBI (LOD...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-07-17CESTATDELHI I ---VS.--- ITDC (A UNIT OF ASHOKA HOTEL)
2017-12-18CESTATDELHI I ---VS.--- ITDC
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of India Tourism Development Corporation Ltd?

India Tourism Development Corporation Ltd (ITDC) has a market capitalisation of Rs 5,636 Cr. at the 2026-10-01 close.

What is the P/E ratio of India Tourism Development Corporation Ltd?

India Tourism Development Corporation Ltd trades at a P/E of 68.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were India Tourism Development Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, India Tourism Development Corporation Ltd sales was Rs 90 Cr (+2.7% vs Jun 2025) and net profit was Rs 9 Cr.

What is the 52-week high and low of India Tourism Development Corporation Ltd?

The 52-week high is Rs 822.00 and the 52-week low is Rs 368.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03