India Tourism Development Corporation Limited (ITDC) - Net Assets

Latest as of September 2025: Rs3.53 Billion INR ≈ $38.22 Million USD

Based on the latest financial reports, India Tourism Development Corporation Limited (ITDC) has net assets worth Rs3.53 Billion INR (≈ $38.22 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.21 Billion ≈ $78.01 Million USD) and total liabilities (Rs3.68 Billion ≈ $39.79 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore ITDC asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs3.53 Billion
% of Total Assets	48.99%
Annual Growth Rate	0.7%
5-Year Change	29.59%
10-Year Change	15.62%
Growth Volatility	7.86

India Tourism Development Corporation Limited - Net Assets Trend (2008–2025)

This chart illustrates how India Tourism Development Corporation Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see ITDC stock market capitalisation.

Annual Net Assets for India Tourism Development Corporation Limited (2008–2025)

The table below shows the annual net assets of India Tourism Development Corporation Limited from 2008 to 2025. Explore India Tourism Development Corporation Li operating cash flow efficiency to assess how effectively this company generates cash.

Year	Net Assets	Change
2025-03-31	Rs3.52 Billion ≈ $38.10 Million	-6.88%
2024-03-31	Rs3.78 Billion ≈ $40.91 Million	+14.07%
2023-03-31	Rs3.32 Billion ≈ $35.87 Million	+19.96%
2022-03-31	Rs2.76 Billion ≈ $29.90 Million	+1.70%
2021-03-31	Rs2.72 Billion ≈ $29.40 Million	-13.20%
2020-03-31	Rs3.13 Billion ≈ $33.87 Million	-4.07%
2019-03-31	Rs3.26 Billion ≈ $35.31 Million	+7.35%
2018-03-31	Rs3.04 Billion ≈ $32.89 Million	-3.54%
2017-03-31	Rs3.15 Billion ≈ $34.09 Million	+3.47%
2016-03-31	Rs3.05 Billion ≈ $32.95 Million	+0.70%
2015-03-31	Rs3.03 Billion ≈ $32.72 Million	+1.94%
2014-03-31	Rs2.97 Billion ≈ $32.10 Million	+1.90%
2013-03-31	Rs2.91 Billion ≈ $31.50 Million	+0.96%
2012-03-31	Rs2.88 Billion ≈ $31.20 Million	+1.15%
2011-03-31	Rs2.85 Billion ≈ $30.85 Million	-2.99%
2010-03-31	Rs2.94 Billion ≈ $31.80 Million	-10.44%
2009-03-31	Rs3.28 Billion ≈ $35.51 Million	+4.90%
2008-03-31	Rs3.13 Billion ≈ $33.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to India Tourism Development Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 70124700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs701.25 Million	19.28%
Common Stock	Rs857.69 Million	23.58%
Other Comprehensive Income	Rs1.53 Billion	42.10%
Other Components	Rs547.50 Million	15.05%
Total Equity	Rs3.64 Billion	100.00%

India Tourism Development Corporation Limited Competitors by Market Cap

The table below lists competitors of India Tourism Development Corporation Limited ranked by their market capitalization.

Company	Market Cap
Vietnam Construction and Import Export JSC VN:VCG	$544.05 Million
Tibet Aim Pharm Inc SHE:002826	$544.09 Million
Ningbo Fangzheng Automobile Mould Co.Ltd. SHE:300998	$544.16 Million
C.E. Info Systems Limited NSE:MAPMYINDIA	$544.27 Million
SAPPI LTD ADR/1 RC 1 F:SPIA	$543.97 Million
Dare Technology Co Ltd SHE:000910	$543.89 Million
Caisse Regionale de Credit Agricole Mutuel Brie Picardie PA:CRBP2	$543.73 Million
Cars.com Inc NYSE:CARS	$543.70 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in India Tourism Development Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,890,765,000 to 3,637,839,000, a change of -252,926,000 (-6.5%).
Net income of 815,453,000 contributed positively to equity growth.
Dividend payments of 216,139,000 reduced retained earnings.
Other comprehensive income increased equity by 1,526,375,000.
Other factors decreased equity by 2,378,615,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs815.45 Million	+22.42%
Dividends Paid	Rs216.14 Million	-5.94%
Other Comprehensive Income	Rs1.53 Billion	+41.96%
Other Changes	Rs-2.38 Billion	-65.39%
Total Change	Rs-	-6.50%

Book Value vs Market Value Analysis

This analysis compares India Tourism Development Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 13.84x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 13.56x to 13.84x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-03-31	Rs43.25	Rs586.50	x
2009-03-31	Rs38.28	Rs586.50	x
2010-03-31	Rs37.61	Rs586.50	x
2011-03-31	Rs32.93	Rs586.50	x
2012-03-31	Rs33.32	Rs586.50	x
2013-03-31	Rs33.67	Rs586.50	x
2014-03-31	Rs34.23	Rs586.50	x
2015-03-31	Rs34.93	Rs586.50	x
2016-03-31	Rs35.20	Rs586.50	x
2017-03-31	Rs36.41	Rs586.50	x
2018-03-31	Rs35.83	Rs586.50	x
2019-03-31	Rs38.64	Rs586.50	x
2020-03-31	Rs37.30	Rs586.50	x
2021-03-31	Rs32.77	Rs586.50	x
2022-03-31	Rs33.35	Rs586.50	x
2023-03-31	Rs39.86	Rs586.50	x
2024-03-31	Rs45.36	Rs586.50	x
2025-03-31	Rs42.39	Rs586.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently India Tourism Development Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 22.42%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.30%
• Asset Turnover: 0.76x
• Equity Multiplier: 2.05x
Recent ROE (22.42%) is above the historical average (5.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	14.08%	9.37%	0.70x	2.14x	Rs127.79 Million
2009	7.73%	6.18%	0.70x	1.78x	Rs-74.49 Million
2010	-4.35%	-4.02%	0.51x	2.10x	Rs-418.02 Million
2011	-3.17%	-2.31%	0.66x	2.08x	Rs-372.03 Million
2012	2.94%	2.02%	0.70x	2.07x	Rs-201.81 Million
2013	1.06%	0.71%	0.75x	1.98x	Rs-258.29 Million
2014	2.76%	1.77%	0.78x	2.01x	Rs-212.43 Million
2015	10.63%	6.47%	0.80x	2.05x	Rs18.94 Million
2016	5.91%	3.89%	0.75x	2.02x	Rs-123.45 Million
2017	2.39%	2.13%	0.56x	1.98x	Rs-237.76 Million
2018	3.76%	3.35%	0.52x	2.17x	Rs-191.63 Million
2019	11.85%	11.10%	0.53x	2.00x	Rs61.44 Million
2020	6.36%	5.86%	0.56x	1.93x	Rs-116.60 Million
2021	-12.38%	-19.63%	0.31x	2.00x	Rs-628.97 Million
2022	1.48%	1.44%	0.50x	2.04x	Rs-243.60 Million
2023	16.12%	11.96%	0.49x	2.73x	Rs209.34 Million
2024	18.08%	13.22%	0.50x	2.74x	Rs314.27 Million
2025	22.42%	14.30%	0.76x	2.05x	Rs451.67 Million

Industry Comparison

This section compares India Tourism Development Corporation Limited's net assets metrics with peer companies in the Lodging industry.

Industry Context

Industry: Lodging
Average net assets among peers: $6,358,134,471
Average return on equity (ROE) among peers: 12.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
India Tourism Development Corporation Limited (ITDC)	Rs3.53 Billion	14.08%	1.04x	$544.02 Million
Advani Hotels & Resorts (India) Limited (ADVANIHOTR)	$398.49 Million	24.69%	1.48x	$54.23 Million
Asian Hotels (East) Limited (AHLEAST)	$2.30 Billion	13.77%	1.63x	$30.19 Million
Asian Hotels (North) Limited (ASIANHOTNR)	$8.05 Billion	-2.28%	1.64x	$138.09 Million
Blue Coast Hotels Limited (BLUECOAST)	$1.07 Billion	9.62%	1.26x	$5.78 Million
The Byke Hospitality Ltd (BYKE)	$72.78 Million	43.30%	0.69x	$20.76 Million
Country Club Hospitality & Holidays Limited (CCHHL)	$8.19 Billion	5.14%	0.54x	$24.89 Million
Chalet Hotels Limited (CHALET)	$15.54 Billion	6.61%	1.58x	$1.79 Billion
EIH Associated Hotels Limited (EIHAHOTELS)	$913.25 Million	10.73%	3.41x	$213.39 Million
EIH Limited (EIHOTEL)	$26.68 Billion	3.69%	0.39x	$2.16 Billion
Sri Havisha Hospitality and Infrastructure Limited (HAVISHA)	$373.47 Million	5.73%	0.47x	$2.66 Million

About India Tourism Development Corporation Limited

NSE:ITDC India Lodging

Market Cap

$544.02 Million

Rs50.30 Billion INR

Market Cap Rank

#12085 Global

#568 in India

Share Price

Rs586.50

Change (1 day)

-1.51%

52-Week Range

Rs370.50 - Rs672.85

All Time High

Rs897.03