3 FMCG Major, Tourism Corporation and Carton Maker Stocks With a Strong Future Roadmap: ITC, India Tourism Development Corporation and TCPL Packaging

ITC Rs 261.50, P/E 15.77. ITDC Rs 674.70, P/E 69.17. TCPL Packaging Rs 4,380.00, P/E 31.52. Closing prices of 14 Oct 2026.

Updated: 15 Oct 2026 • 11:24 am

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3 FMCG Major, Tourism Corporation and Carton Maker Stocks With a Strong Future Roadmap: ITC, India Tourism Development Corporation and TCPL Packaging

Quick Answer

FMCG major, tourism corporation and carton maker stocks with the clearest long-term roadmaps today include ITC in FMCG, cigarettes, hotels, paperboard and agri businesses, ITDC in hotels, tourism services and consultancy under a government-owned company and TCPL Packaging in folding cartons for FMCG, tobacco and pharma customers. P/E stands at 15.77 for ITC (industry 34.85), 69.17 for ITDC (industry 37.34) and 31.52 for TCPL Packaging (industry 22.99). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company's risks need equal attention.

FMCG major, tourism corporation and carton maker stocks give investors exposure to brands, travel services and packaging that consumer companies rely on. Sales volumes, occupancy and margins decide how much of that demand turns into profit.

This list covers three FMCG major, tourism corporation and carton maker stocks: ITC for FMCG, cigarettes, hotels, paperboard and agri businesses, India Tourism Development Corporation for hotels, tourism services and consultancy under a government-owned company and TCPL Packaging for folding cartons for FMCG, tobacco and pharma customers. Every figure comes from the latest reported financials and the 14 October 2026 market close. Companies without complete current figures were left out.

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Table of Contents

What Are FMCG Major, Tourism Corporation and Carton Maker Stocks?

FMCG major, tourism corporation and carton maker stocks are shares of companies that make and sell products that households and businesses buy. Results depend on sales volumes, brand strength and input costs, so margins and cash flow separate the stronger names.

FMCG Major, Tourism Corporation and Carton Maker Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three FMCG major, tourism corporation and carton maker stocks as of the 14 Oct 2026 close.

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE	Debt to Equity
ITC	261.50	318,338	15.77	34.85	28.53%	0.03
India Tourism Development Corporation	674.70	5,672	69.17	37.34	19.46%	0.00
TCPL Packaging	4,380.00	3,640	31.52	22.99	13.61%	0.88

Among consumer stocks, ITDC and TCPL Packaging trade at a premium to the industry P/E, while ITC trades at a discount.

Why Do FMCG Major, Tourism Corporation and Carton Maker Stocks Have a Strong Roadmap in India?

FMCG major, tourism corporation and carton maker stocks have a strong roadmap in India because steady household spending, rising domestic travel and brand packaging needs keep adding demand for these firms. Three drivers stand out.

Daily-use demand: Households buy packaged goods every month.
Domestic travel: More families book stays and tours.
Brand packaging: FMCG and pharma firms need steady carton supply.

ITC: Several Businesses Anchor the Roadmap

ITC's roadmap rests on cigarettes, packaged foods, personal care, paperboards, hotels and agri products, with several businesses supporting steady cash flow.

Revenue grew from Rs 62,504.44 crore in FY22 to Rs 81,294.27 crore in FY26, a 30.1% rise, and FY26 revenue was 4.4% higher than FY25. FY26 net profit rose 4.9% to Rs 21,018.15 crore. Over four years, net profit rose from Rs 15,503.13 crore in FY22 to Rs 21,018.15 crore. In Q1 FY27, revenue grew 26.7% to Rs 30,179.01 crore. Operating margin was 33.18% in FY26.

Debt to equity is 0.03 and return on equity is 28.53%. FY26 operating cash flow was Rs 18,464.31 crore against capital expenditure of Rs 2,182.89 crore. At a P/E of 15.77 against an industry P/E of 34.85, the stock trades below its industry multiple.

What to watch: The P/E of 15.77 against an industry P/E of 34.85 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

India Tourism Development Corporation: Hotels and Tourism Services Build the Next Leg

ITDC's roadmap rests on hotels, tourism services and consultancy under a government-owned company, with rising travel and hospitality demand supporting revenue.

Revenue grew from Rs 308.71 crore in FY22 to Rs 562.94 crore in FY26, an 82.4% rise. FY26 net profit rose 3.3% to Rs 82.82 crore. In Q1 FY27, revenue grew 4.1% to Rs 97.24 crore. Operating margin was 22.68% in FY26 and 17.05% in Q1 FY27 against 16.55% a year earlier.

Debt to equity is 0.00 and return on equity is 19.46%. FY26 operating cash flow was Rs 70.44 crore against capital expenditure of Rs 10.22 crore. ITDC paid a dividend of Rs 2.95 per share for FY26, a yield of 0.45%. At a P/E of 69.17 against an industry P/E of 37.34, the stock trades above its industry multiple.

What to watch: The P/E of 69.17 sits above the industry P/E of 37.34, so earnings delivery matters for the valuation.

TCPL Packaging: Folding Cartons Drive the Pipeline

TCPL Packaging's roadmap rests on folding cartons and packaging for FMCG, tobacco and pharmaceutical customers, with packaged goods demand supporting orders.

Revenue grew from Rs 1,088.60 crore in FY22 to Rs 1,835.59 crore in FY26, a 68.6% rise, and FY26 revenue was 2.9% higher than FY25. FY26 net profit was Rs 97.80 crore. In Q1 FY27, revenue grew 15.9% to Rs 494.93 crore. Operating margin was 16.79% in FY26.

Debt to equity is 0.88 and return on equity is 13.61%. FY26 operating cash flow was Rs 271.30 crore against capital expenditure of Rs 153.78 crore. TCPL Packaging paid a dividend of Rs 25 per share for FY26, a yield of 0.62%. At a P/E of 31.52 against an industry P/E of 22.99, the stock trades above its industry multiple.

What to watch: The P/E of 31.52 sits above the industry P/E of 22.99, so earnings delivery matters for the valuation.

Best FMCG Major, Tourism Corporation and Carton Maker Stocks in India: ITC vs ITDC vs TCPL Packaging on Key Financials

Among the best FMCG major, tourism corporation and carton maker stocks in India, ITC leads on FY26 operating margin and Q1 FY27 revenue growth; ITDC leads on the lowest debt to equity; TCPL Packaging ranks second on Q1 FY27 revenue growth and the lowest P/E. The table puts the numbers side by side.

Metric	ITC	ITDC	TCPL Packaging
FY26 revenue (Rs Cr)	81,294.27	562.94	1,835.59
FY26 net profit (Rs Cr)	21,018.15	82.82	97.80
FY26 operating profit margin	33.18%	22.68%	16.79%
Q1 FY27 revenue growth (YoY)	26.7%	4.1%	15.9%
Return on equity	28.53%	19.46%	13.61%
P/E ratio	15.77	69.17	31.52
Debt to equity	0.03	0.00	0.88
FY26 operating cash flow (Rs Cr)	18,464.31	70.44	271.30

Consumer earnings follow sales volumes, brand strength and input costs, so full-year numbers and quarterly trends together give a better view.

How to Evaluate FMCG Major, Tourism Corporation and Carton Maker Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen FMCG major, tourism corporation and carton maker stocks and shortlist FMCG major, tourism corporation and carton maker stocks to buy.

Compare each stock's P/E with its industry P/E, which differs by company here.
Check revenue growth, operating margin and cash flow together.
Check whether revenue growth is turning into profit growth, not only sales.
Read operating cash flow against capital expenditure to see how growth is funded.
Watch debt to equity and interest cover before sizing a position.
Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these FMCG major, tourism corporation and carton maker stocks

Risks to Consider Before Investing in FMCG Major, Tourism Corporation and Carton Maker Stocks

Valuation: ITDC trades at 69.17 times earnings against an industry multiple of 37.34.
Consumer demand: Spending patterns can shift sales between quarters.
Input costs: Changes in raw material prices can affect margins.
Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.

Download the Univest iOS App or Univest Android App to track ITC, ITDC and TCPL Packaging live.

Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.

Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.

The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.

Final Take: Which Stock Has the Strongest Roadmap?

These three consumer stocks cover an FMCG major, a tourism corporation and carton packaging. ITC leads on FY26 operating margin and Q1 FY27 revenue growth; ITDC leads on the lowest debt to equity; TCPL Packaging ranks second on Q1 FY27 revenue growth and the lowest P/E.

Across FMCG major, tourism corporation and carton maker stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the FMCG major, tourism corporation and carton maker stocks to buy discussed here.

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 FMCG Major, Tourism Corporation and Carton Maker Stocks

Which are the best FMCG major, tourism corporation and carton maker stocks in India with a strong roadmap?

Ans. ITC, India Tourism Development Corporation and TCPL Packaging stand out for their roadmaps in an FMCG major, a tourism corporation and carton packaging. Return on equity ranges from 13.61% to 28.53%.

Is ITC a good stock to buy now?

Ans. ITC has a debt to equity ratio of 0.03, a return on equity of 28.53% and a P/E of 15.77 against an industry P/E of 34.85. Valuation, demand and input costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.

What is the P/E ratio of ITC, ITDC and TCPL Packaging?

Ans. The P/E ratio is 15.77 for ITC (industry 34.85), 69.17 for ITDC (industry 37.34) and 31.52 for TCPL Packaging (industry 22.99). Only ITDC and TCPL Packaging trade at or above the industry multiple.

Which of these FMCG major, tourism corporation and carton maker stocks has the highest return on equity?

Ans. ITC has the highest return on equity at 28.53%, followed by India Tourism Development Corporation at 19.46% and TCPL Packaging at 13.61%.

What are the risks of investing in FMCG major, tourism corporation and carton maker stocks?

Ans. The main risks are valuation, consumer demand, input costs and quarterly trends. ITDC trades at 69.17 times earnings against an industry multiple of 37.34.

How did ITC, ITDC and TCPL Packaging perform in Q1 FY27?

Ans. ITC reported revenue of Rs 30,179.01 crore, up 26.7% year on year. India Tourism Development Corporation reported revenue of Rs 97.24 crore, up 4.1% year on year. TCPL Packaging reported revenue of Rs 494.93 crore, up 15.9% year on year.

Do FMCG major, tourism corporation and carton maker stocks pay dividends?

Ans. ITDC and TCPL Packaging pay dividends. The dividend yield is 0.45% for ITDC and 0.62% for TCPL Packaging, based on dividends declared for FY26.

How can I invest in FMCG major, tourism corporation and carton maker stocks in India?

Ans. You can buy FMCG major, tourism corporation and carton maker stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.