India Tourism Development Corporation Ltd (ITDC): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:46 pm

Market Cap	4,911 Cr.
Current Price	573
High / Low	931/467
Stock P/E	67.1
Book Value	46.9
Dividend Yield	0.44 %
ROCE	31.4 %
ROE	19.2 %
Face Value	10.0
PEG Ratio	0.98

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for India Tourism Development Corporation Ltd (ITDC)

Competitors of India Tourism Development Corporation Ltd (ITDC)

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Howard Hotels Ltd	19.1 Cr.	20.9	33.5/20.7		10.4	0.00 %	9.86 %	8.53 %	10.0
HS India Ltd	22.6 Cr.	13.9	20.5/13.4	16.3	19.0	0.00 %	6.90 %	4.47 %	10.0
Gujarat Hotels Ltd	103 Cr.	271	375/158	20.8	119	0.92 %	13.9 %	11.2 %	10.0
Graviss Hospitality Ltd	301 Cr.	42.7	78.0/35.1	28.3	26.5	0.00 %	1.80 %	1.40 %	2.00
Goel Food Products Ltd	26.1 Cr.	13.8	78.0/13.6	6.69	11.9	3.61 %	18.9 %	25.4 %	10.0
Industry Average	9,039.15 Cr	553.77		391.39	90.24	0.39%	12.09%	15.11%	6.71

All Competitor Stocks of India Tourism Development Corporation Ltd (ITDC)

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	90	90	96	93	118	154	118	131	135	148	85	154	149
Expenses	85	92	80	81	95	134	96	107	112	115	77	134	124
Operating Profit	5	-3	16	12	23	20	22	24	23	32	8	20	25
OPM %	6%	-3%	17%	13%	20%	13%	19%	18%	17%	22%	9%	13%	17%
Other Income	3	3	3	5	6	2	4	3	5	4	4	6	7
Interest	0	0	0	0	0	0	0	0	0	3	0	0	0
Depreciation	2	2	2	2	2	1	2	2	2	2	2	2	2
Profit before tax	7	-1	17	15	27	21	25	25	25	32	10	24	30
Tax %	87%	-340%	41%	20%	17%	54%	31%	24%	29%	51%	-22%	2%	31%
Net Profit	1	2	11	12	23	10	17	19	18	16	12	24	21
EPS in Rs	0.11	0.25	1.20	1.40	2.64	1.17	2.03	2.24	2.10	1.83	1.38	2.78	2.42

Last Updated: February 28, 2025, 7:20 pm

Below is a detailed analysis of the quarterly data for India Tourism Development Corporation Ltd (ITDC) based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹149.00 Cr.. The value appears to be declining and may need further review. It has decreased from 154.00 Cr. (Sep 2024) to ₹149.00 Cr., marking a decrease of 5.00 Cr..
For Expenses, as of Dec 2024, the value is ₹124.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 134.00 Cr. (Sep 2024) to ₹124.00 Cr., marking a decrease of 10.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹25.00 Cr.. The value appears strong and on an upward trend. It has increased from 20.00 Cr. (Sep 2024) to ₹25.00 Cr., marking an increase of ₹5.00 Cr..
For OPM %, as of Dec 2024, the value is 17.00%. The value appears strong and on an upward trend. It has increased from 13.00% (Sep 2024) to 17.00%, marking an increase of 4.00%.
For Other Income, as of Dec 2024, the value is ₹7.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Sep 2024) to ₹7.00 Cr., marking an increase of ₹1.00 Cr..
For Interest, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹30.00 Cr.. The value appears strong and on an upward trend. It has increased from 24.00 Cr. (Sep 2024) to ₹30.00 Cr., marking an increase of ₹6.00 Cr..
For Tax %, as of Dec 2024, the value is 31.00%. The value appears to be increasing, which may not be favorable. It has increased from 2.00% (Sep 2024) to 31.00%, marking an increase of 29.00%.
For Net Profit, as of Dec 2024, the value is ₹21.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Sep 2024) to ₹21.00 Cr., marking a decrease of 3.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.42. The value appears to be declining and may need further review. It has decreased from ₹2.78 (Sep 2024) to 2.42, marking a decrease of ₹0.36.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:58 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	429	459	492	459	349	346	354	347	177	289	461	532	536
Expenses	450	471	478	441	340	372	335	329	222	291	389	431	450
Operating Profit	-20	-12	14	18	9	-27	19	18	-44	-1	71	101	86
OPM %	-5%	-3%	3%	4%	3%	-8%	5%	5%	-25%	-0%	16%	19%	16%
Other Income	33	30	34	19	16	58	44	25	16	19	17	16	20
Interest	0	0	0	1	1	1	1	1	1	1	1	3	3
Depreciation	6	7	11	9	7	7	7	8	7	7	7	7	7
Profit before tax	6	11	36	27	17	23	55	35	-36	10	80	107	96
Tax %	50%	25%	12%	36%	49%	38%	32%	47%	2%	34%	32%	35%
Net Profit	3	8	32	18	9	14	38	19	-37	6	54	70	72
EPS in Rs	0.36	0.95	3.71	2.08	0.87	1.35	4.58	2.37	-4.06	0.79	6.43	8.20	8.41
Dividend Payout %	0%	53%	54%	72%	153%	137%	46%	0%	0%	0%	34%	31%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	166.67%	300.00%	-43.75%	-50.00%	55.56%	171.43%	-50.00%	-294.74%	116.22%	800.00%	29.63%
Change in YoY Net Profit Growth (%)	0.00%	133.33%	-343.75%	-6.25%	105.56%	115.87%	-221.43%	-244.74%	410.95%	683.78%	-770.37%

India Tourism Development Corporation Ltd (ITDC) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	1%
5 Years:	8%
3 Years:	44%
TTM:	0%

Compounded Profit Growth
10 Years:	22%
5 Years:	25%
3 Years:	57%
TTM:	13%

Stock Price CAGR
10 Years:	16%
5 Years:	28%
3 Years:	16%
1 Year:	-17%

Return on Equity
10 Years:	6%
5 Years:	7%
3 Years:	13%
Last Year:	19%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:27 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	86	86	86	86	86	86	86	86	86	86	86	86	86
Reserves	203	208	214	216	221	222	243	234	195	200	252	303	316
Borrowings	5	3	4	4	5	1	1	1	1	1	1	1	1
Other Liabilities	279	295	311	304	307	359	332	298	281	298	595	676	617
Total Liabilities	573	592	614	610	618	667	663	619	563	585	934	1,066	1,020
Fixed Assets	68	62	52	51	57	57	55	51	45	40	46	40	38
CWIP	4	6	7	8	13	4	6	6	6	11	3	4	5
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	500	523	556	551	547	606	602	562	511	534	885	1,021	977
Total Assets	573	592	614	610	618	667	663	619	563	585	934	1,066	1,020

Below is a detailed analysis of the balance sheet data for India Tourism Development Corporation Ltd (ITDC) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹86.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹86.00 Cr..
For Reserves, as of Sep 2024, the value is ₹316.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹303.00 Cr. (Mar 2024) to ₹316.00 Cr., marking an increase of 13.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded ₹1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹617.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹676.00 Cr. (Mar 2024) to ₹617.00 Cr., marking a decrease of 59.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,020.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹1,066.00 Cr. (Mar 2024) to ₹1,020.00 Cr., marking a decrease of 46.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹38.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹40.00 Cr. (Mar 2024) to ₹38.00 Cr., marking a decrease of 2.00 Cr..
For CWIP, as of Sep 2024, the value is ₹5.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹4.00 Cr. (Mar 2024) to ₹5.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹977.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,021.00 Cr. (Mar 2024) to ₹977.00 Cr., marking a decrease of 44.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,020.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,066.00 Cr. (Mar 2024) to ₹1,020.00 Cr., marking a decrease of 46.00 Cr..

Notably, the Reserves (₹316.00 Cr.) exceed the Borrowings (1.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-67	20	-38	13	-7	15	-29	8	-13	16	-12	42
Cash from Investing Activity +	22	21	20	15	-1	7	23	12	11	5	-3	4
Cash from Financing Activity +	37	3	-5	-21	-15	-9	-20	-22	0	0	0	-19
Net Cash Flow	-7	44	-24	7	-23	13	-25	-2	-2	21	-15	28

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-25.00	-15.00	10.00	14.00	4.00	-28.00	18.00	17.00	-45.00	-2.00	70.00	100.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	87	65	89	86	102	108	100	102	136	89	62	52
Inventory Days	65	77	59	79	66	60	44	122	268	115	86	81
Days Payable	317	257	248	305	332	334	272	673	1,119	706	767	557
Cash Conversion Cycle	-165	-115	-100	-139	-164	-165	-129	-449	-715	-502	-619	-425
Working Capital Days	-3	-37	-9	-18	-18	-37	-11	23	-14	1	-145	-185
ROCE %	2%	4%	11%	12%	9%	-2%	11%	10%	-12%	2%	27%	31%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%	87.03%
FIIs	0.00%	0.00%	0.00%	0.01%	0.02%	0.02%	0.02%	0.00%	0.09%	0.01%	0.00%	0.01%
DIIs	0.00%	0.00%	2.59%	2.22%	2.17%	1.98%	1.98%	1.86%	1.79%	1.80%	1.80%	1.80%
Public	12.97%	12.97%	10.38%	10.73%	10.79%	10.96%	10.97%	11.10%	11.09%	11.16%	11.17%	11.17%
No. of Shareholders	17,539	17,609	17,025	17,601	17,494	17,656	18,482	19,494	28,131	28,158	30,403	30,208

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	8.20	6.90	0.58	-3.87	1.94
Diluted EPS (Rs.)	8.20	6.90	0.58	-3.87	1.94
Cash EPS (Rs.)	8.94	7.64	1.52	-3.50	3.10
Book Value[Excl.RevalReserv]/Share (Rs.)	44.11	38.67	32.23	32.36	36.58
Book Value[Incl.RevalReserv]/Share (Rs.)	44.11	38.67	32.23	32.36	36.58
Revenue From Operations / Share (Rs.)	62.03	54.05	33.74	20.62	39.90
PBDIT / Share (Rs.)	13.77	10.78	1.52	-3.16	5.10
PBIT / Share (Rs.)	12.96	9.96	0.74	-3.97	4.22
PBT / Share (Rs.)	12.58	9.86	1.16	-3.91	4.57
Net Profit / Share (Rs.)	8.13	6.82	0.74	-4.31	2.22
NP After MI And SOA / Share (Rs.)	8.20	6.90	0.79	-4.03	2.43
PBDIT Margin (%)	22.19	19.93	4.50	-15.31	12.78
PBIT Margin (%)	20.90	18.42	2.20	-19.23	10.58
PBT Margin (%)	20.27	18.23	3.44	-18.96	11.44
Net Profit Margin (%)	13.11	12.62	2.21	-20.90	5.56
NP After MI And SOA Margin (%)	13.22	12.76	2.34	-19.53	6.09
Return on Networth / Equity (%)	18.07	17.30	2.37	-12.04	6.50
Return on Capital Employeed (%)	27.71	21.96	1.91	-10.12	9.25
Return On Assets (%)	6.59	6.33	1.15	-6.29	3.37
Asset Turnover Ratio (%)	0.53	0.61	0.49	0.29	0.52
Current Ratio (X)	1.45	1.52	1.87	2.08	2.26
Quick Ratio (X)	1.43	1.50	1.83	2.03	2.21
Inventory Turnover Ratio (X)	14.00	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	86.35
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	63.48
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	13.65
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	36.52
Interest Coverage Ratio (X)	36.52	103.73	12.41	-23.91	43.72
Interest Coverage Ratio (Post Tax) (X)	22.88	66.83	2.92	-30.79	19.74
Enterprise Value (Cr.)	5228.87	2058.31	3023.24	3053.72	847.59
EV / Net Operating Revenue (X)	9.83	4.44	10.45	17.27	2.48
EV / EBITDA (X)	44.28	22.27	232.06	-112.75	19.38
MarketCap / Net Operating Revenue (X)	10.18	5.46	11.23	18.62	3.26
Retention Ratios (%)	0.00	0.00	0.00	0.00	13.64
Price / BV (X)	13.92	7.40	11.37	11.49	3.48
Price / Net Operating Revenue (X)	10.18	5.46	11.23	18.62	3.26
EarningsYield	0.01	0.02	0.00	-0.01	0.01

After reviewing the key financial ratios for India Tourism Development Corporation Ltd (ITDC), here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 8.20. This value is within the healthy range. It has increased from 6.90 (Mar 23) to 8.20, marking an increase of 1.30.
For Diluted EPS (Rs.), as of Mar 24, the value is 8.20. This value is within the healthy range. It has increased from 6.90 (Mar 23) to 8.20, marking an increase of 1.30.
For Cash EPS (Rs.), as of Mar 24, the value is 8.94. This value is within the healthy range. It has increased from 7.64 (Mar 23) to 8.94, marking an increase of 1.30.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.11. It has increased from 38.67 (Mar 23) to 44.11, marking an increase of 5.44.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.11. It has increased from 38.67 (Mar 23) to 44.11, marking an increase of 5.44.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 62.03. It has increased from 54.05 (Mar 23) to 62.03, marking an increase of 7.98.
For PBDIT / Share (Rs.), as of Mar 24, the value is 13.77. This value is within the healthy range. It has increased from 10.78 (Mar 23) to 13.77, marking an increase of 2.99.
For PBIT / Share (Rs.), as of Mar 24, the value is 12.96. This value is within the healthy range. It has increased from 9.96 (Mar 23) to 12.96, marking an increase of 3.00.
For PBT / Share (Rs.), as of Mar 24, the value is 12.58. This value is within the healthy range. It has increased from 9.86 (Mar 23) to 12.58, marking an increase of 2.72.
For Net Profit / Share (Rs.), as of Mar 24, the value is 8.13. This value is within the healthy range. It has increased from 6.82 (Mar 23) to 8.13, marking an increase of 1.31.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 8.20. This value is within the healthy range. It has increased from 6.90 (Mar 23) to 8.20, marking an increase of 1.30.
For PBDIT Margin (%), as of Mar 24, the value is 22.19. This value is within the healthy range. It has increased from 19.93 (Mar 23) to 22.19, marking an increase of 2.26.
For PBIT Margin (%), as of Mar 24, the value is 20.90. This value exceeds the healthy maximum of 20. It has increased from 18.42 (Mar 23) to 20.90, marking an increase of 2.48.
For PBT Margin (%), as of Mar 24, the value is 20.27. This value is within the healthy range. It has increased from 18.23 (Mar 23) to 20.27, marking an increase of 2.04.
For Net Profit Margin (%), as of Mar 24, the value is 13.11. This value exceeds the healthy maximum of 10. It has increased from 12.62 (Mar 23) to 13.11, marking an increase of 0.49.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 13.22. This value is within the healthy range. It has increased from 12.76 (Mar 23) to 13.22, marking an increase of 0.46.
For Return on Networth / Equity (%), as of Mar 24, the value is 18.07. This value is within the healthy range. It has increased from 17.30 (Mar 23) to 18.07, marking an increase of 0.77.
For Return on Capital Employeed (%), as of Mar 24, the value is 27.71. This value is within the healthy range. It has increased from 21.96 (Mar 23) to 27.71, marking an increase of 5.75.
For Return On Assets (%), as of Mar 24, the value is 6.59. This value is within the healthy range. It has increased from 6.33 (Mar 23) to 6.59, marking an increase of 0.26.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.53. It has decreased from 0.61 (Mar 23) to 0.53, marking a decrease of 0.08.
For Current Ratio (X), as of Mar 24, the value is 1.45. This value is below the healthy minimum of 1.5. It has decreased from 1.52 (Mar 23) to 1.45, marking a decrease of 0.07.
For Quick Ratio (X), as of Mar 24, the value is 1.43. This value is within the healthy range. It has decreased from 1.50 (Mar 23) to 1.43, marking a decrease of 0.07.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 14.00. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 23) to 14.00, marking an increase of 14.00.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 36.52. This value is within the healthy range. It has decreased from 103.73 (Mar 23) to 36.52, marking a decrease of 67.21.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 22.88. This value is within the healthy range. It has decreased from 66.83 (Mar 23) to 22.88, marking a decrease of 43.95.
For Enterprise Value (Cr.), as of Mar 24, the value is 5,228.87. It has increased from 2,058.31 (Mar 23) to 5,228.87, marking an increase of 3,170.56.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 9.83. This value exceeds the healthy maximum of 3. It has increased from 4.44 (Mar 23) to 9.83, marking an increase of 5.39.
For EV / EBITDA (X), as of Mar 24, the value is 44.28. This value exceeds the healthy maximum of 15. It has increased from 22.27 (Mar 23) to 44.28, marking an increase of 22.01.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 10.18. This value exceeds the healthy maximum of 3. It has increased from 5.46 (Mar 23) to 10.18, marking an increase of 4.72.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 13.92. This value exceeds the healthy maximum of 3. It has increased from 7.40 (Mar 23) to 13.92, marking an increase of 6.52.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 10.18. This value exceeds the healthy maximum of 3. It has increased from 5.46 (Mar 23) to 10.18, marking an increase of 4.72.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of India Tourism Development Corporation Ltd (ITDC) as of March 12, 2025 is: ₹485.50

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, India Tourism Development Corporation Ltd (ITDC) is Overvalued by 15.27% compared to the current share price 573.00

Intrinsic Value of India Tourism Development Corporation Ltd (ITDC) as of March 12, 2025 is: 816.70

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, India Tourism Development Corporation Ltd (ITDC) is Undervalued by 42.53% compared to the current share price 573.00

Last 5 Year EPS CAGR: 68.22%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -37.75, which is a positive sign. The stock has a low average Cash Conversion Cycle of -307.25, which is a positive sign. The company has higher reserves (232.85 cr) compared to borrowings (2.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (402.31 cr) and profit (35.92 cr) over the years.	The stock has a low average ROCE of 8.75%, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in India Tourism Development Corporation Ltd (ITDC):
1. Net Profit Margin: 13.11%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.71% (Industry Average ROCE: 12.09%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 18.07% (Industry Average ROE: 15.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 22.88
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.43
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 67.1 (Industry average Stock P/E: 391.39)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

India Tourism Development Corporation Ltd. is a Public Limited Listed company incorporated on 31/03/1965 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1965GOI004363 and registration number is 004363. Currently Company is involved in the business activities of Hotels and motels, inns, resorts providing short term lodging facilities; includes accommodation in house boats. Company's Total Operating Revenue is Rs. 526.58 Cr. and Equity Capital is Rs. 85.77 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Hotels, Resorts & Restaurants	Scope Complex, Core 8, 6th Floor, New Delhi Delhi 110003	vkjain@itdc.co.in http://www.itdc.co.in

Management
Name	Position Held
Mr. M R Synrem	Managing Director
Mr. Lokesh Kumar Aggarwal	Director - Finance & CFO
Dr. Anju Bajpai	Independent Director
Dr. Manan Kaushal	Independent Director
Mr. Ranjana Chopra	Government Nominee Director

FAQ

What is the latest intrinsic value of India Tourism Development Corporation Ltd (ITDC)?

The latest intrinsic value of India Tourism Development Corporation Ltd (ITDC) as on 10 March 2025 is ₹485.50, which is 15.27% lower than the current market price of 573.00, indicating the stock is overvalued by 15.27%. The intrinsic value of India Tourism Development Corporation Ltd (ITDC) is calculated using PE ratio method. The stock has a market capitalization of ₹4,911 Cr. and recorded a high/low of ₹931/467 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹316 Cr and total liabilities of ₹1,020 Cr.

What is the Market Cap of India Tourism Development Corporation Ltd (ITDC)?

The Market Cap of India Tourism Development Corporation Ltd (ITDC) is 4,911 Cr..

What is the current Stock Price of India Tourism Development Corporation Ltd (ITDC) as on 10 March 2025?

The current stock price of India Tourism Development Corporation Ltd (ITDC) as on 10 March 2025 is ₹573.

What is the High / Low of India Tourism Development Corporation Ltd (ITDC) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of India Tourism Development Corporation Ltd (ITDC) stocks is ₹931/467.

What is the Stock P/E of India Tourism Development Corporation Ltd (ITDC)?

The Stock P/E of India Tourism Development Corporation Ltd (ITDC) is 67.1.

What is the Book Value of India Tourism Development Corporation Ltd (ITDC)?

The Book Value of India Tourism Development Corporation Ltd (ITDC) is 46.9.

What is the Dividend Yield of India Tourism Development Corporation Ltd (ITDC)?

The Dividend Yield of India Tourism Development Corporation Ltd (ITDC) is 0.44 %.

What is the ROCE of India Tourism Development Corporation Ltd (ITDC)?

The ROCE of India Tourism Development Corporation Ltd (ITDC) is 31.4 %.

What is the ROE of India Tourism Development Corporation Ltd (ITDC)?

The ROE of India Tourism Development Corporation Ltd (ITDC) is 19.2 %.

What is the Face Value of India Tourism Development Corporation Ltd (ITDC)?

The Face Value of India Tourism Development Corporation Ltd (ITDC) is 10.0.