ITDCConsumer Discretionary

India Tourism Development Corporation Limited

Hotels & Resorts · ISIN INE353K01014 · BSE 532189 · NSE EQ · FV ₹10
Last price
₹624
+2.13%today
What this company does

India Tourism Development Corporation Limited operates in Hotels & Resorts, part of the Consumer Discretionary sector. It booked ₹90 cr of revenue in its latest quarter (Q1 FY27) and kept 9.9% of sales as profit. It is the 8th largest of 9 Hotels & Resorts companies we track, by market value.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns62

How much profit it earns on the money it employs

Balance sheet87

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Growth & consistency63

Whether sales and profit have grown, and how steadily

Valuation3

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 87%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Profit down 10% vs last year

What if I invest in ITDC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹624▲ +2.13%
latest close · 2026-11-04
1-year return
+47.1%
52-wk low ₹26252-wk high ₹790
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio141.8High
LowAverageHigh
P/B ratio12.66High
Below bookModerateHigh
EV / EBITDA85.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.4%Fair
WeakFairStrong ▸15%
Return on capital13.1%Fair
WeakFairStrong
Net margin9.9%Decent
ThinDecentStrong
EBITDA margin17.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover72.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.93Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹5,352 cr
Book value
₹49
EPS
₹1.10
latest quarter
Net debt
₹-54 cr
more cash than debt
Enterprise value
₹5,298 cr
EBITDA
₹62 cr
annualised
EBIT
₹56 cr
annualised
Operating margin
15.4%
Return on assets
4.7%
Earnings yield
0.71%
P/S
14.85
Sales / share
₹42.0
Tax rate
30.5%
Face value
₹10
Shares
8.6 cr
Working capital
₹314 cr
Current assets
₹653 cr
Current liabilities
₹339 cr
Delivery %
30.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹79–₹116, midpoint ₹97

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹90 cr
Other Income₹7 cr
Total Income₹97 cr
Cost of Materials₹17 cr
Purchases of Stock-in-Trade₹1 cr
Inventory Change (±)₹17.7 L
Employee Benefit Expense₹24 cr
Finance Costs₹19.1 L
Depreciation & Amortisation₹2 cr
Other Expenses₹39 cr
Total Expenses₹84 cr
Profit before Tax₹14 cr
Tax Expense₹4 cr
Net Profit₹9 cr
Net margin on total income9.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹19 cr19.4%
Employee benefit expense₹24 cr25.0%
Finance costs₹19.1 L0.2%
Depreciation & amortisation₹2 cr1.6%
Other expenses₹39 cr39.8%
Tax expense₹4 cr4.3%
Profit for the period₹9 cr9.7%
Total income ₹97 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue185 cr142 cr90 cr
Total income193 cr152 cr97 cr
Expenses154 cr114 cr84 cr
Profit before tax38 cr38 cr14 cr
Tax10 cr10 cr4 cr
Net profit (owners' share)28 cr31 cr9 cr
Net margin (owners' share, on revenue)15.2%21.5%9.9%
EPS (₹)3.283.301.10
YoY (latest quarter): total income +4.1% · net profit -9.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹762 cr
Shareholder equity
₹423 cr
parent shareholders
Total debt
₹63.5 L
Cash
₹55 cr
Cash flow · H1 FY26
Operating
₹6 cr
Investing
₹-38 cr
Financing
₹-25 cr
Peer comparison
Hotels & Resorts · by market value
CompanyPriceMarket capP/E
The Indian Hotels Company Limited₹836₹1.19 L cr85.0
ITC Hotels Limited₹171₹35,627 cr44.1
Leela Palaces Hotels & Resorts Limited₹653₹21,802 cr57.7
EIH Limited₹294₹18,388 cr39.3
Chalet Hotels Limited₹811₹17,751 cr51.6
Ventive Hospitality Limited₹529₹12,357 cr132.3
Lemon Tree Hotels Limited₹114₹9,048 cr49.3
India Tourism Development Corporation Limitedthis company₹611₹5,241 cr138.9
Juniper Hotels Limited₹200₹4,448 cr33.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.47%
trailing 12 months
Dividend / share (TTM)
₹2.95
Last dividend
₹2.95
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹2.95 / share15 Sep 2026
Dividend₹2.9 / share8 Sep 2025
Dividend₹2.52 / share30 Aug 2024
Dividend₹2.2 / share20 Sep 2023
Dividend₹2.1 / share5 Sep 2019
Dividend₹1.85 / share19 Sep 2018
Who owns it · 2026-09-30
No pledge
Promoter
87.0%
FII / Foreign
0.0%
DII / Domestic
1.8%
Retail / others
11.2%
Smart-money activity
Bulk / block deals
BoughtQE SECURITIES LLP · NSE4.72 L @ ₹787.2720 Jul 26
SoldQE SECURITIES LLP · NSE4.67 L @ ₹790.5620 Jul 26
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE4.42 L @ ₹793.2220 Jul 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 22 Sep 2026
See the official result
1
To receive, consider and adopt the Standalone Financial Statements as at 31st March, 2026 together with the Report of the Auditors, Comptroller and Auditor General of India and the Board’s Report thereon.
Backed by 98% of shareholders other than promotersneeded 50%
5,495 votes for, 104 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Consolidated Financial Statements as at 31st March, 2026 and Report of Auditors and Comptroller and Auditor General of India thereon.
Backed by 98% of shareholders other than promotersneeded 50%
5,515 votes for, 84 against · 0% of mutual funds and other big investors said no
3
To declare a dividend of 29.5% (i.e. Rs.2.95 per share) aggregating Rs. 25.30 crore approx. on the equity share capital of the company as recommended by the Board of Directors.
Backed by 100% of shareholders other than promotersneeded 50%
5,575 votes for, 24 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Shri Rajesh Rana (DIN-10997830), Director (Commercial & Marketing), who retires by rotation pursuant to Article 61 of the Article of Association and being eligible offers himself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
5,479 votes for, 120 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 87.0% between them · as of 2026-09-30
THE PRESIDENT OF INDIA87.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.