India Tourism Development (NSE:ITDC) Interest Coverage: 51.29 (As of Mar. 2026) — 73% Below Median


NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
81 GF Score
Price ₹599.35
GF Value ₹572.34
Valuation Fairly Valued
! 3 Warning Signs
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What is India Tourism Development Interest Coverage?

India Tourism Development NSE:ITDC -0.64% 81 Interest Coverage is 51.29 as of Mar. 2026, which is 73% below its 10-year median of 187.29. GuruFocus rates NSE:ITDC with a GF Score™ of 81/100 and a GF Value™ of ₹572.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 611 Travel & Leisure companies, India Tourism Development ranks better than 80.03% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. India Tourism Development's Operating Income for the three months ended in Mar. 2026 was ₹287 Mil. India Tourism Development's Interest Expense for the three months ended in Mar. 2026 was ₹-6 Mil. India Tourism Development's interest coverage for the quarter that ended in Mar. 2026 was 51.29. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for India Tourism Development's Interest Coverage or its related term are showing as below:

NSE:ITDC' s Interest Coverage Range Over the Past 10 Years
Min: 47.95   Med: 187.29   Max: 1108.26
Current: 47.95


NSE:ITDC's Interest Coverage is ranked better than
80.03% of 611 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs NSE:ITDC: 47.95

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


India Tourism Development  (NSE:ITDC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


India Tourism Development Interest Coverage Related Terms


India Tourism Development Interest Coverage Historical Data

* Premium members only.

The historical data trend for India Tourism Development's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

India Tourism Development Interest Coverage Chart

India Tourism Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 822.86 1,108.26 77.38 47.95

India Tourism Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.25 18.15 47.03 72.14 51.29

NSE:ITDC vs MAR, HLT, H: Interest Coverage Comparison

For the Lodging subindustry, India Tourism Development's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


India Tourism Development Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Interest Coverage falls into.


NSE:ITDC
81GF Score
India Tourism Development Corp Ltd NSE:ITDC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Tourism Development Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

India Tourism Development's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, India Tourism Development's Interest Expense was ₹-18 Mil. Its Operating Income was ₹843 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*843.43/-17.589
=47.95

India Tourism Development's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, India Tourism Development's Interest Expense was ₹-6 Mil. Its Operating Income was ₹287 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*286.619/-5.588
=51.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 51.29 mean?
India Tourism Development (NSE:ITDC) has a Interest Coverage of 51.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on India Tourism Development and its competitors. This is 73% below median its historical median of 187.29. Over the past decade, India Tourism Development's Interest Coverage has ranged from 47.95 to 1,108.26. According to the industry distribution chart, India Tourism Development ranks #122 out of 611 companies in the Travel & Leisure industry, placing it in the top 20%.
Is India Tourism Development's Interest Coverage too high?
India Tourism Development's current Interest Coverage of 51.29 is 73% below median its 10-year median of 187.29. Over the past 10 years, this metric has ranged from a low of 47.95 to a high of 1,108.26. The Travel & Leisure industry median Interest Coverage is 5.35. India Tourism Development's value of 51.29 is 858.7% above this industry median. Based on the distribution chart, India Tourism Development ranks #122 out of 611 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, India Tourism Development has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Tourism Development's Interest Coverage compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, India Tourism Development ranks #122 out of 611 companies for Interest Coverage. This places India Tourism Development in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.35. India Tourism Development's value of 51.29 is 858.7% above this benchmark. Historically, India Tourism Development's own Interest Coverage has ranged from 47.95 to 1,108.26 over the past decade. While the company's 10-year median is 187.29 vs. the industry median of 5.35, India Tourism Development has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Tourism Development's current Interest Coverage of 51.29 is 858.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on India Tourism Development and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Tourism Development's current Interest Coverage is 51.29, which is 73% below median its own 10-year median of 187.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Tourism Development stock overvalued right now?
Based on GuruFocus' analysis, India Tourism Development (NSE:ITDC) is currently considered Fairly Valued. The stock's GF Value™ is ₹572.34, compared to a current price of ₹599.35 — trading 4.7% above its estimated fair value. The current Interest Coverage is 51.29, which is 73% below median its 10-year median of 187.29 and 858.7% above the Travel & Leisure industry median of 5.35. India Tourism Development's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For India Tourism Development (NSE:ITDC), the current Interest Coverage is 51.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹599.35 is trading 4.7% above its estimated GF Value™ of ₹572.34. GuruFocus considers India Tourism Development to be Fairly Valued.

Key valuation signals for NSE:ITDC:

  • Interest Coverage: 51.29 (73% below median its 10-year median of 187.29)
  • GF Value™: ₹572.34 vs. price of ₹599.35 (4.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 858.7% above the Travel & Leisure median (#122 of 611)

No single metric tells the full story. See the NSE:ITDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
81GF Score

Get the complete analysis for NSE:ITDC

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹599.35
Price
₹572.34
GF Value