Risk factor
Limited trading liquidity
Profitability factor
Very strong margins and returns
About
India Tourism Development Corporation Ltd., along with its subsidiaries, is dedicated to developing, constructing, and managing a diverse portfolio of hospitality establishments, including hotels, beach resorts, and dining facilities, catering to tourists across India. The company's service offerings extend to transport, entertainment, retail, and conventional services. It also oversees comprehensive catering operations and is involved in the creation, distribution, and sale of promotional materials for tourism. Furthermore, ITDC provides specialized training and education in the tourism and hospitality domains, delivers full-service event management, and operates extensive currency exchange facilities. The corporation's activities also encompass consultancy and execution for various tourism and engineering projects, in addition to organizing impressive sound and light shows. Currently, its operational footprint includes 3 hotels under the Ashok Group, one joint venture hotel, a dedicated restaurant, 5 ATT units, 15 duty-free shops strategically located at seaports, and one sound and light show venue. Founded in 1965, India Tourism Development Corporation Limited is headquartered in New Delhi, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI