India Tourism Development (NSE:ITDC) ROCE %: 36.39% (As of Mar. 2026)


NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
81 GF Score
Price ₹599.35
GF Value ₹572.64
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is India Tourism Development ROCE %?

India Tourism Development NSE:ITDC -0.64% 81 ROCE % is 36.39% as of Mar. 2026. GuruFocus rates NSE:ITDC with a GF Score™ of 81/100 and a GF Value™ of ₹572.64 (Fairly Valued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. India Tourism Development's annualized ROCE % for the quarter that ended in Mar. 2026 was 36.39%.

India Tourism Development  (NSE:ITDC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

India Tourism Development ROCE % Related Terms

India Tourism Development ROCE % Historical Data

* Premium members only.

The historical data trend for India Tourism Development's ROCE % 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.

India Tourism Development ROCE % Chart

India Tourism Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 22.53 29.07 28.25 28.45

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
ROCE % 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 37.01 13.60 25.25 40.92 36.39
NSE:ITDC
81GF Score
India Tourism Development Corp Ltd NSE:ITDC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Tourism Development ROCE % Calculation

India Tourism Development's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1142.622/( ( (7463.618 - 3664.008) + (7622.17 - 3389.57) )/ 2 )
=1142.622/( (3799.61+4232.6)/ 2 )
=1142.622/4016.105
=28.45 %

India Tourism Development's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1540.088/( ( (0 - 0) + (7622.17 - 3389.57) )/ 1 )
=1540.088/( ( 0 + 4232.6 )/ 1 )
=1540.088/4232.6
=36.39 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 36.39% mean?
India Tourism Development (NSE:ITDC) has a ROCE % of 36.39% as of Mar. 2026.
Is India Tourism Development's ROCE % too high?
India Tourism Development's current ROCE % is 36.39%. The Travel & Leisure industry median ROCE % is 6.08. India Tourism Development's value of 36.39% is 499% above this industry median. 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 ROCE % compare to MAR and HLT?
India Tourism Development's ROCE % of 36.39% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. India Tourism Development's value of 36.39% is 499% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Tourism Development's current ROCE % of 36.39% is 499% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Tourism Development's current ROCE % is 36.39%. 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 ₹572.64, compared to a current price of ₹599.35 — trading 4.7% above its estimated fair value. The current ROCE % is 36.39% and 499% above the Travel & Leisure industry median of 6.08. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For India Tourism Development (NSE:ITDC), the current ROCE % is 36.39% 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 ₹572.64. GuruFocus considers India Tourism Development to be Fairly Valued.

Key valuation signals for NSE:ITDC:

  • ROCE %: 36.39%
  • GF Value™: ₹572.64 vs. price of ₹599.35 (4.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 499% above the Travel & Leisure median

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

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

₹599.35
Price
₹572.64
GF Value