India Tourism Development Corp. Ltd. (ITDC) AI Stock Analysis

• Market Cap: ₹49.57B
• Dividend Yield: 0.5%
• Average Volume (3M): 2.97K
• Price to Earnings (P/E): 68.6
• Beta (1Y): 1.84
• Revenue Growth: 6.56%
• EPS Growth: 4.21%
• Country: IN
• Employees: 465
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): 1.92
• Shares Outstanding: 85,769,400
• 10 Day Avg. Volume: 1,946
• 30 Day Avg. Volume: 2,967
• PEG Ratio: 2.40
• Price to Book (P/B): 14.07
• Price to Sales (P/S): 8.97
• P/FCF Ratio: -15.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: ₹583.00 ▲(1.47% Upside)

The overall stock score of 53 reflects a combination of solid financial performance but significant cash flow challenges, bearish technical indicators, and a high valuation. The lack of earnings call data and corporate events further limits the assessment.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business strategies, enhancing long-term sustainability and competitiveness.

Financial Stability

A strong equity base reduces financial risk and provides a solid foundation for future investments and growth opportunities.

Profit Margins

Healthy profit margins reflect efficient operations and pricing power, supporting long-term profitability and shareholder value.

Negative Factors

Cash Flow Challenges

Negative operating cash flow indicates potential liquidity issues, which can constrain operational flexibility and investment capacity.

Declining EBIT Margin

A declining EBIT margin suggests rising operational costs or inefficiencies, which could pressure future profitability if not addressed.

Free Cash Flow Issues

Negative free cash flow limits the company's ability to reinvest in growth opportunities and may necessitate external financing.

India Tourism Development Corp. Ltd. Business Overview & Revenue Model

Company Description

India Tourism Development Corp. Ltd. (ITDC) is a public sector undertaking established by the Government of India, primarily focused on promoting tourism in India. The company operates in various sectors, including hospitality, travel services, and duty-free shops, contributing significantly to the development of tourism infrastructure in the country. ITDC offers a wide range of services such as hotel management, travel and tour operations, and catering services, along with managing heritage properties, which play a crucial role in enhancing the tourism experience.

How the Company Makes Money

ITDC generates revenue through multiple streams, primarily from its hospitality services, which include the operation of hotels, restaurants, and catering services. The company earns income from room bookings, food and beverage sales, and event management services hosted at its venues. Additionally, ITDC operates duty-free shops at major airports, contributing to its revenue through sales of a variety of products to international travelers. The company also engages in travel and tour operations, offering packages, travel bookings, and related services, further diversifying its income sources. Strategic partnerships with airlines, travel agencies, and other tourism-related entities enhance ITDC's market reach and contribute to its overall earnings.

India Tourism Development Corp. Ltd. Financial Statement Overview

Summary

India Tourism Development Corp. Ltd. has demonstrated solid revenue growth and profitability with strong margins. However, significant cash flow challenges pose a risk to liquidity, requiring attention to ensure sustainable operations.

Income Statement

The company has demonstrated a solid revenue growth trend over the years, with Total Revenue increasing from 2021 to 2025. The Gross Profit Margin and Net Profit Margin for the latest period are healthy at 46.6% and 14.3%, respectively, indicating strong profitability. However, there's a notable decline in EBIT Margin from 46.9% in 2024 to 13.8% in 2025, suggesting increased operating expenses or reduced efficiency in operations.

Balance Sheet

The company's balance sheet shows a strong equity base with an Equity Ratio of 48.7% in 2025, indicating financial stability. The Debt-to-Equity Ratio is low at 0.002, suggesting minimal reliance on debt financing. However, the Return on Equity (ROE) is moderate at 22.4%, which could be improved given the company's profitability levels.

Cash Flow

The cash flow statement reveals challenges in cash generation, with a significant negative Operating Cash Flow in 2025. Free Cash Flow has also turned negative, indicating potential liquidity issues. The Free Cash Flow to Net Income Ratio is unfavorable, suggesting that the company is not effectively converting income into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.91B	5.70B	5.32B	4.61B	2.94B	1.77B
Gross Profit	2.72B	2.66B	2.53B	2.46B	1.25B	495.14M
EBITDA	1.10B	1.06B	1.15B	883.80M	151.08M	-258.20M
Net Income	795.93M	815.45M	703.35M	551.20M	42.43M	-347.94M
Balance Sheet
Total Assets	0.00	7.46B	10.66B	9.34B	5.84B	5.63B
Cash, Cash Equivalents and Short-Term Investments	2.20B	2.19B	1.78B	2.06B	2.19B	2.32B
Total Debt	0.00	6.35M	6.35M	6.30M	6.30M	6.30M
Total Liabilities	-3.52B	3.94B	6.87B	6.06B	3.10B	2.91B
Stockholders Equity	3.52B	3.64B	3.89B	3.38B	2.83B	2.81B
Cash Flow
Free Cash Flow	0.00	-3.38B	408.46M	-247.87M	101.10M	-171.54M
Operating Cash Flow	0.00	-3.29B	423.32M	-117.65M	156.37M	-129.66M
Investing Cash Flow	0.00	-133.62M	43.05M	-29.84M	49.02M	109.03M
Financing Cash Flow	0.00	-216.14M	-190.56M	0.00	0.00	-1.41M

India Tourism Development Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 574.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ITDC, the sentiment is Neutral. The current price of 574.55 is below the 20-day moving average (MA) of 591.59, below the 50-day MA of 606.71, and below the 200-day MA of 585.25, indicating a bearish trend. The MACD of -8.39 indicates Positive momentum. The RSI at 45.19 is Neutral, neither overbought nor oversold. The STOCH value of 23.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ITDC.

India Tourism Development Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TAJGVK	72 Outperform	₹25.76B	17.81	―	0.49%	9.49%	40.16%
ADVANIHOTR	68 Neutral	₹5.01B	20.24	―	3.51%	0.14%	7.90%
PARACABLES	62 Neutral	₹13.09B	16.30	―	―	38.39%	-27.69%
ROHLTD	61 Neutral	₹10.91B	23.64	―	0.61%	10.77%	-4.40%
MHRIL	57 Neutral	₹66.93B	49.98	―	―	4.25%	17.51%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ITDC	53 Neutral	₹49.57B	68.61	―	0.50%	6.56%	4.21%