India Tourism Development Corporation Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
India Tourism Development Corporation share price Rs 658.00 (9 October 2026). Base target Rs 750, bull Rs 908, downside risk Rs 529. PE 69.17. 52W range Rs 368.00 to Rs 822.00.
Quick Answer
The India Tourism Development Corporation share price target for 2027 is Rs 750, about 14.0% above the current price of Rs 658.00. The bull case is Rs 908, and the downside risk level, which is not a target, is Rs 529. The base case assumes earnings per share grow 13.4% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 69.17. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an India Tourism Development Corporation target price for 2027 should start with where the stock sits today. At Rs 658.00 on 9 October 2026, it is 20.0% below its 52-week high of Rs 822.00 and 78.8% above its 52-week low of Rs 368.00. That range spans 123% from low to high, so the entry point matters as much as the India Tourism Development Corporation price forecast itself.
This article builds the India Tourism Development Corporation share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 750 base case and the Rs 908 bull case were reached, along with a downside risk level of Rs 529.
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India Tourism Development Corporation Stock Analysis: Company Overview and Key Stats
India Tourism Development Corporation (NSE: ITDC) has a market capitalisation of Rs 5,672 crore. In FY26 it reported revenue of Rs 562.94 crore and net profit of Rs 82.82 crore. The table collects the figures the India Tourism Development Corporation share price target is built on.
| Metric | Value |
|---|---|
| Company | India Tourism Development Corporation |
| NSE Ticker | ITDC |
| CMP (9 October 2026) | Rs 658.00 |
| 52-Week High | Rs 822.00 |
| 52-Week Low | Rs 368.00 |
| Market Cap | Rs 5,672 crore |
| PE Ratio (TTM) | 69.17 |
| Industry PE | 37.34 |
| Price to Book | 13.42 |
| Return on Equity | 19.46% |
| Debt to Equity | 0.00 |
| EPS (TTM) | Rs 9.56 |
| Dividend Yield | 0.45% |
| 12-Month Base Target | Rs 750 |
| Bull Case | Rs 908 |
| Downside Risk Level (not a target) | Rs 529 |
Why Is India Tourism Development Corporation Share Price Target Set at Rs 750 for 2027?
The base-case India Tourism Development Corporation stock target of Rs 750 applies a PE multiple of 69.17 to a forward EPS estimate of Rs 10.84. That EPS assumes 13.4% yearly growth, the pace from FY24 to FY26, and puts the target 14.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the India Tourism Development Corporation Target Price: Five Years of Results
India Tourism Development Corporation grew revenue from Rs 308.71 crore in FY22 to Rs 562.94 crore in FY26, a compound annual growth rate of 16.2%. Net profit grew faster, from Rs 4.09 crore to Rs 82.82 crore (112.1% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 308.71 | 4.09 | 0.49 | 0.00 |
| FY23 | 480.54 | 58.65 | 6.90 | 2.20 |
| FY24 | 527.53 | 64.92 | 7.47 | 2.52 |
| FY25 | 591.92 | 80.21 | 9.29 | 2.90 |
| FY26 | 562.94 | 82.82 | 9.60 | 2.95 |
FY26 revenue growth was -4.9%, slower than the four-year average of 16.2%, and net profit moved up 3.3%. EPS rose from Rs 7.47 in FY24 to Rs 9.60 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
India Tourism Development Corporation converted 14.7% of FY26 revenue into net profit, against 13.6% in FY25, within a five-year range of 1.3% to 14.7%. EBITDA margin was 21.6% in FY26 versus 17.8% in FY25.
In the June 2026 quarter, revenue was Rs 97.24 crore, up 4.1% from the same quarter a year earlier, while net profit of Rs 9.39 crore was down 3.7%. EBITDA came in at Rs 15.48 crore, up 5.8% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.00, and shareholders’ equity grew from Rs 273.74 crore in FY22 to Rs 410.91 crore in FY26. Operating cash flow in FY26 was Rs 70.44 crore against capital expenditure of Rs 10.22 crore, leaving free cash flow of Rs 60.22 crore, or 1.1% of the current market capitalisation. In FY25 free cash flow was Rs 43.22 crore.
Valuation Check for the India Tourism Development Corporation Stock Target: PE, Price to Book and ROE
At a PE of 69.17 against an industry PE of 37.34, India Tourism Development Corporation trades at a premium to its industry. Price to book is 13.42 on a book value of Rs 49.29 per share, and return on equity is 19.46%. A PE of 69.17 equals an earnings yield of 1.4%, and the FY26 dividend of Rs 2.95 per share gives a yield of 0.45%.
Shareholding Pattern and Institutional Holding
Promoters held 87.03% of India Tourism Development Corporation in June 2026, and promoter holding has stayed near 87.03% since June 2025. Foreign institutional investors (FII) held 0.03% and domestic institutions (DII) held 1.78%, which puts total institutional holding at 1.81%. FII holding has stayed near 0.03% since June 2025. Public shareholders own the remaining 11.16%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
India Tourism Development Corporation Share Price Targets for the Short Term and 12 Months
Short Term India Tourism Development Corporation Stock Target Levels: Technical Setup
At Rs 658.00 on 9 October 2026, India Tourism Development Corporation trades below its 50-day simple moving average of Rs 675.49 and above its 200-day exponential moving average of Rs 623.31. The 14-day RSI reads 49.9, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 675.49 (50-day simple moving average) and the nearest support is Rs 623.31 (200-day exponential moving average). A sustained move above Rs 675.49 would improve the short-term setup, while a close below Rs 623.31 would shift attention to the next support.
12 Month India Tourism Development Corporation Target Price for 2027
The 12-month target for India Tourism Development Corporation is Rs 750: forward EPS of Rs 10.84 at a PE of 69.17. That is 14.0% above Rs 658.00. It would still leave the stock 8.8% below its 52-week high of Rs 822.00. Anyone checking the India Tourism Development Corporation share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the India Tourism Development Corporation Target Price
| EPS Growth | PE 55.34 | PE 69.17 | PE 79.55 |
|---|---|---|---|
| 0.0% (EPS Rs 9.56) | Rs 529 | Rs 661 | Rs 760 |
| 13.4% (EPS Rs 10.84) | Rs 600 | Rs 750 | Rs 862 |
| 19.4% (EPS Rs 11.41) | Rs 631 | Rs 789 | Rs 908 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the India Tourism Development Corporation price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for India Tourism Development Corporation Stock Target in 2027
Bull Case Rs 908
The bull case India Tourism Development Corporation price target needs EPS growth of 19.4%, which lifts forward EPS to Rs 11.41, and a PE multiple that rises 15% to 79.55. That gives Rs 908, 38.0% above the current price and above the 52-week high of Rs 822.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 529
The downside risk level is not a target. It assumes EPS stays flat at Rs 9.56 and the PE falls 20% to 55.34. That gives Rs 529, 19.6% below the current price and above the 52-week low of Rs 368.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 19.4% | 79.55 | Rs 908 | +38.0% |
| Base Case | 13.4% | 69.17 | Rs 750 | +14.0% |
| Downside Risk | 0.0% | 55.34 | Rs 529 | -19.6% |
Key Risks to the India Tourism Development Corporation Target Price for 2027
Growth Slowdown Risk for the India Tourism Development Corporation Price Target
Revenue in the June 2026 quarter was up 4.1% year on year, and FY26 revenue growth was -4.9%. If growth slows from here, the EPS estimate behind the India Tourism Development Corporation stock target will need revising.
Liquidity and Size Risk
India Tourism Development Corporation has a market capitalisation of Rs 5,672 crore. Institutional holding is 1.81%, and promoters hold 87.03%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 14.7% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 69.17 versus an industry PE of 37.34, a de-rating toward the downside-risk PE of 55.34 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 20.0% below its 52-week high, with an RSI of 49.9 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in India Tourism Development Corporation
Start with the live price and volume. Any India Tourism Development Corporation share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 658.00 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check India Tourism Development Corporation’s PE, ROE, debt and shareholding in one place.
Check India Tourism Development Corporation fundamentals on the Univest Screener
Then compare the three India Tourism Development Corporation target price scenarios with your own view. If you expect EPS growth below 13.4%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track India Tourism Development Corporation live price and get daily stock recommendations.
Conclusion
The India Tourism Development Corporation share price target for 2027 is Rs 750 in the base case, with Rs 908 as the bull case. The support for that view is arithmetic you can check: EPS grew 13.4% a year over FY24 to FY26, and the stock trades at a PE of 69.17. The risks are equally concrete, including institutional holding of only 1.81% and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on India Tourism Development Corporation Share Price Target 2027
What is the India Tourism Development Corporation share price target for 2027?
Ans. The base-case India Tourism Development Corporation share price target for 2027 is Rs 750, with Rs 908 as the bull case. The downside risk level, which is not a target, is Rs 529. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the India Tourism Development Corporation share price today?
Ans. As of 9 October 2026, 3:29 PM IST, India Tourism Development Corporation trades at Rs 658.00, down 0.54% on the day. The 52-week range is Rs 368.00 to Rs 822.00.
Is India Tourism Development Corporation a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 13.4% a year over FY24 to FY26, but institutional holding is only 1.81%. Whether India Tourism Development Corporation fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for India Tourism Development Corporation shares?
Ans. The bull case target is Rs 908, which assumes 19.4% EPS growth and a PE of 79.55. The downside risk level is Rs 529, which assumes flat EPS and a PE of 55.34. It marks a risk, not a target.
What are the main risks to the India Tourism Development Corporation price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 5,672 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 1.81%, which can make price moves sharper.
What is the PE ratio of India Tourism Development Corporation and how does it compare with the industry?
Ans. The PE ratio of India Tourism Development Corporation is 69.17 against an industry PE of 37.34. Price to book is 13.42 and return on equity is 19.46%. The base case in the India Tourism Development Corporation price target holds this PE constant.
Who owns India Tourism Development Corporation, and what is the promoter holding?
Ans. Promoters held 87.03% of India Tourism Development Corporation in June 2026. FII held 0.03%, DII held 1.78% and the public held 11.16%.
What were India Tourism Development Corporation’s latest quarterly results?
Ans. In the June 2026 quarter, India Tourism Development Corporation reported revenue of Rs 97.24 crore (up 4.1% year on year) and net profit of Rs 9.39 crore (down 3.7%).
