India Tourism DevelopmentNSE:ITDC -2.69%81 Operating Margin % is 20.18% as of Mar. 2026, which is 312% above its 10-year median of 4.90. GuruFocus rates NSE:ITDC with a GF Score™ of 81/100 and a GF Value™ of ₹572.49 (Fairly Valued). The stock has 3 warning signs investors should review. Among 844 Travel & Leisure companies, India Tourism Development ranks better than 70.5% on this metric.
India Tourism Development (NSE:ITDC) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
India Tourism Development Operating Margin % Related Terms
India Tourism Development Operating Margin % Historical Data
* 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.
India Tourism Development Operating Margin % Chart
NSE:ITDC vs MAR, HLT, H: Operating Margin % Comparison
For the Lodging subindustry, India Tourism Development's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Operating Margin % distribution charts can be found below:
* The bar in red indicates where India Tourism Development's Operating Margin % falls into.
India Tourism Development Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
India Tourism Development's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
India Tourism Development (NSE:ITDC) has a Operating Margin % of 20.18% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on India Tourism Development and its competitors. This is 312% above median its historical median of 4.90. According to the industry distribution chart, India Tourism Development ranks #249 out of 844 companies in the Travel & Leisure industry, placing it in the top 29.5%.
Is India Tourism Development's Operating Margin % too high?
India Tourism Development's current Operating Margin % of 20.18% is 312% above median its 10-year median of 4.90. The Travel & Leisure industry median Operating Margin % is 8.14. India Tourism Development's value of 20.18% is 148.1% above this industry median. Based on the distribution chart, India Tourism Development ranks #249 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. 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 Operating Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, India Tourism Development ranks #249 out of 844 companies for Operating Margin %. This puts India Tourism Development in the upper half of its industry. The industry median Operating Margin % is 8.14. India Tourism Development's value of 20.18% is 148.1% above this benchmark. While the company's 10-year median is 4.90 vs. the industry median of 8.14, 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 Operating Margin % for a Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Tourism Development's current Operating Margin % of 20.18% is 148.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on India Tourism Development and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Tourism Development's current Operating Margin % is 20.18%, which is 312% above median its own 10-year median of 4.90. 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 ₹572.49, compared to a current price of ₹606.75 — trading 6% above its estimated fair value. The current Operating Margin % is 20.18%, which is 312% above median its 10-year median of 4.90 and 148.1% above the Travel & Leisure industry median of 8.14. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For India Tourism Development (NSE:ITDC), the current Operating Margin % is 20.18% 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 ₹606.75 is trading 6% above its estimated GF Value™ of ₹572.49.
GuruFocus considers India Tourism Development to be Fairly Valued.
Key valuation signals for NSE:ITDC:
Operating Margin %: 20.18% (312% above median its 10-year median of 4.90)
GF Value™: ₹572.49 vs. price of ₹606.75 (6% above fair value)
Industry Position: 148.1% above the Travel & Leisure median (#249 of 844)
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 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
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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