India Tourism Development Corporation Ltd
India Tourism Development Corporation Ltd is a Govt. of India undertaking and was established in October 1966, the company is running hotels, restaurants, providing transport facilities, engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty free shopping facilities to tourists. It has also diversified into consultancy, tourism, engineering projects, training/education in the tourism and hospitality sectors and event management. [1]
- Market Cap ₹ 4,732 Cr.
- Current Price ₹ 552
- High / Low ₹ 773 / 467
- Stock P/E 58.0
- Book Value ₹ 46.8
- Dividend Yield 0.46 %
- ROCE 24.6 %
- ROE 20.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 33.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 31.2%
Cons
- Stock is trading at 11.8 times its book value
- Debtor days have increased from 64.8 to 78.1 days.
- Working capital days have increased from -64.6 days to 72.6 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
438 | 472 | 437 | 331 | 340 | 348 | 341 | 176 | 290 | 455 | 527 | 565 | 580 | |
451 | 457 | 415 | 319 | 363 | 327 | 319 | 219 | 288 | 384 | 425 | 480 | 493 | |
Operating Profit | -13 | 16 | 22 | 12 | -24 | 21 | 21 | -43 | 1 | 72 | 102 | 86 | 87 |
OPM % | -3% | 3% | 5% | 4% | -7% | 6% | 6% | -25% | 1% | 16% | 19% | 15% | 15% |
31 | 34 | 19 | 14 | 58 | 44 | 25 | 25 | 14 | 18 | 17 | 22 | 24 | |
Interest | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 |
Depreciation | 6 | 10 | 8 | 6 | 7 | 7 | 7 | 7 | 6 | 7 | 7 | 6 | 7 |
Profit before tax | 12 | 39 | 32 | 20 | 26 | 57 | 39 | -27 | 8 | 82 | 109 | 100 | 103 |
Tax % | 21% | 12% | 30% | 41% | 33% | 31% | 43% | 3% | 43% | 31% | 34% | 17% | |
9 | 34 | 23 | 11 | 18 | 40 | 22 | -27 | 4 | 56 | 72 | 83 | 81 | |
EPS in Rs | 1.10 | 4.01 | 2.63 | 1.33 | 2.06 | 4.61 | 2.56 | -3.20 | 0.51 | 6.56 | 8.38 | 9.67 | 9.45 |
Dividend Payout % | 46% | 50% | 57% | 100% | 90% | 46% | 0% | 0% | 0% | 34% | 30% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 11% |
3 Years: | 25% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 33% |
3 Years: | 166% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 18% |
3 Years: | 11% |
1 Year: | -28% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 10% |
3 Years: | 18% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 |
Reserves | 230 | 239 | 246 | 245 | 245 | 268 | 260 | 229 | 231 | 287 | 339 | 316 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
270 | 285 | 279 | 291 | 341 | 318 | 283 | 260 | 283 | 582 | 666 | 372 | |
Total Liabilities | 586 | 610 | 611 | 622 | 672 | 671 | 629 | 575 | 600 | 955 | 1,091 | 774 |
52 | 43 | 42 | 49 | 49 | 47 | 43 | 38 | 32 | 39 | 33 | 34 | |
CWIP | 3 | 4 | 5 | 10 | 1 | 3 | 3 | 3 | 8 | 0 | 1 | 2 |
Investments | 11 | 11 | 11 | 11 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
520 | 553 | 553 | 551 | 613 | 611 | 573 | 525 | 551 | 908 | 1,048 | 728 | |
Total Assets | 586 | 610 | 611 | 622 | 672 | 671 | 629 | 575 | 600 | 955 | 1,091 | 774 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | -36 | 15 | -9 | 15 | -29 | 8 | -13 | 16 | -14 | 46 | 53 | |
18 | 19 | 15 | -1 | 12 | 23 | 12 | 11 | 5 | -4 | 3 | -4 | |
0 | -5 | -21 | -14 | -14 | -19 | -22 | 0 | 0 | 0 | -19 | -22 | |
Net Cash Flow | 40 | -22 | 9 | -24 | 13 | -25 | -2 | -2 | 21 | -19 | 30 | 27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 93 | 90 | 107 | 110 | 102 | 105 | 139 | 91 | 63 | 53 | 78 |
Inventory Days | 78 | 59 | 80 | 67 | 60 | 44 | 51 | 160 | 55 | 33 | 28 | 34 |
Days Payable | 265 | 253 | 315 | 342 | 334 | 273 | 286 | 678 | 343 | 302 | 193 | 228 |
Cash Conversion Cycle | -119 | -101 | -144 | -168 | -165 | -128 | -131 | -379 | -198 | -205 | -113 | -116 |
Working Capital Days | -19 | 9 | 3 | 10 | -13 | 15 | 52 | 65 | 48 | -110 | -156 | 73 |
ROCE % | 4% | 12% | 13% | 9% | -1% | 10% | 10% | -9% | 3% | 24% | 28% | 25% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Aug - Copy of newspapers advertisement pertaining to Un-Audited Financial Results for the Quarter ended 30th June 2025
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Board Meeting Outcome for Unaudited Financial Results (Standalone And Consolidated) For Quarter Ended On 30.06.2025
12 Aug - ITDC Q1 FY26 unaudited results with qualified audit due to compliance and operational issues disclosed.
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Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30, 2025
6 Aug - Board meeting on Aug 12 to approve Q1 June 2025 un-audited financial results; trading window closed.
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Certificate Under Regulation 74(5) Of The SEBI (Depositories And Participants) Regulations, 2018 For The Quarter Ended 30Th June 2025
14 Jul - Certificate confirming timely demat processing for quarter ended June 30, 2025 under SEBI regulations.
- Closure of Trading Window 26 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product & Services
The Company is running hotels, restaurants at various places for tourists, besides providing transport facilities. In addition, It is engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty free shopping facilities to the tourists.
It has diversified into new avenues/innovative services like Full-Fledged Money Changer services, engineering related consultancy services etc. The Ashok Institute of Hospitality & Tourism Management of the Corporation imparts training and education in the field of tourism and hospitality. [1]