India Tourism Development Corporation Limited
NSE: ITDC · Hotels & Resorts
Snapshot
Unlock India Tourism Development Corporation Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
India Tourism Development Corporation Limited (ITDC) is a public sector undertaking that operates hotels, resorts, and restaurants under the Ashok brand. The company also provides diverse tourism-related services, including transport, duty-free retail, event management, and consultancy for tourism infrastructure projects.
Business Model
ITDC generates revenue through the operation of hospitality assets, retail sales at duty-free shops, and the provision of professional consultancy and event management services. It leverages its government-backed status to execute large-scale tourism and engineering projects across India.
- Hotels:3 Ashok Group hotels and 1 joint venture
- Retail:15 duty-free shops
Growth Outlook
Growth is expected to be driven by the expansion of tourism infrastructure consultancy services and the modernisation of existing hospitality assets. The company continues to focus on diversifying its service portfolio through event management and sound and light show productions.
Key Risks
- Cyclicality of Tourism. The company's revenue is highly sensitive to fluctuations in domestic and international tourist arrivals and general economic conditions.
- Operational Efficiency. Maintaining profitability across diverse business segments, including legacy hotel assets, remains a significant operational challenge.
- Regulatory and Policy Risk. As a public sector entity, ITDC is subject to government policy shifts and administrative oversight that may impact strategic decision-making.
- Competitive Pressure. The hospitality and retail sectors in India are increasingly competitive, with private players offering modern amenities and aggressive pricing.
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Key Metrics
REVENUE
₹535 Cr
TTM · consolidated
NET PROFIT
₹82 Cr
TTM · consolidated
EPS
₹9.55
TTM · consolidated
RETURN ON EQUITY
20.9%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
28.7%
TTM · consolidated
P/E
69.7×
Q1 FY27 · consolidated
EV/EBITDA
48.9x
Q1 FY27 · consolidated
EBITDA MARGIN
22.8%
TTM · consolidated
NET PROFIT MARGIN
10.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Hotels & Resorts
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
India Tourism Development Corporation LimitedITDC | ₹6,027 Cr | 69.7× | 48.89 | -9.4% | 22.8% | 20.9% | 28.7% | +13.7% |
Lemon Tree Hotels Ltd.LEMONTREE | ₹8,550 Cr | 36.3× | 14.80 | 10.5% | 48.1% | 23.3% | 14.0% | -35.2% |
Valor Estate Ltd.DBREALTY | ₹5,504 Cr | 398.7× | 46.12 | -54.4% | 15.6% | 0.3% | 3.1% | -43.8% |
Juniper Hotels LimitedJUNIPER | ₹4,934 Cr | 28.9× | 12.68 | 11.5% | 41.5% | 5.9% | 7.6% | -24.7% |
Mahindra Holidays & Resorts India LimitedMHRIL | ₹4,069 Cr | 74.1× | 7.18 | 6.8% | 24.3% | 6.6% | 3.4% | -44.1% |
SAMHI Hotels LimitedSAMHI | ₹3,554 Cr | 6.0× | 11.14 | 11.1% | 35.8% | 34.4% | 11.9% | -23.3% |
As of Q1 FY27
Financials
India Tourism Development Corporation Limited
NSE: ITDC · Hotels & Resorts
Snapshot
Unlock India Tourism Development Corporation Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
India Tourism Development Corporation Limited (ITDC) is a public sector undertaking that operates hotels, resorts, and restaurants under the Ashok brand. The company also provides diverse tourism-related services, including transport, duty-free retail, event management, and consultancy for tourism infrastructure projects.
Business Model
ITDC generates revenue through the operation of hospitality assets, retail sales at duty-free shops, and the provision of professional consultancy and event management services. It leverages its government-backed status to execute large-scale tourism and engineering projects across India.
- Hotels:3 Ashok Group hotels and 1 joint venture
- Retail:15 duty-free shops
Growth Outlook
Growth is expected to be driven by the expansion of tourism infrastructure consultancy services and the modernisation of existing hospitality assets. The company continues to focus on diversifying its service portfolio through event management and sound and light show productions.
Key Risks
- Cyclicality of Tourism. The company's revenue is highly sensitive to fluctuations in domestic and international tourist arrivals and general economic conditions.
- Operational Efficiency. Maintaining profitability across diverse business segments, including legacy hotel assets, remains a significant operational challenge.
- Regulatory and Policy Risk. As a public sector entity, ITDC is subject to government policy shifts and administrative oversight that may impact strategic decision-making.
- Competitive Pressure. The hospitality and retail sectors in India are increasingly competitive, with private players offering modern amenities and aggressive pricing.
Start your research today
Unlock AI insights, financials, peers and live data on India Tourism Development Corporation Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹535 Cr
TTM · consolidated
NET PROFIT
₹82 Cr
TTM · consolidated
EPS
₹9.55
TTM · consolidated
RETURN ON EQUITY
20.9%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
28.7%
TTM · consolidated
P/E
69.7x
Q1 FY27 · consolidated
EV/EBITDA
48.9x
Q1 FY27 · consolidated
EBITDA MARGIN
22.8%
TTM · consolidated
NET PROFIT MARGIN
10.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Hotels & Resorts
As of Q1 FY27