What we do India Tourism Development Corporation Ltd operates hotels, restaurants, transport and tourism services across India, including hospitality management, duty free shops, training, and event management. |
Founded in 1,965 |
Market share Leading central public sector enterprise in India's tourism and hospitality sector, with significant government ownership and market presence. |
Problem solved Promotes and develops tourism infrastructure, offers hospitality and travel solutions, easing travel experience and enhancing tourist attractions. |
Top clients or who we serve Government entities, domestic and international tourists, businesses, event organizers; serves B2B, B2C, and government sectors. |
Key management Ms. Mugdha Sinha, IAS - Managing Director; Shri Lokesh Kumar Aggarwal - Director (Finance); Shri Rajesh Rana - Director (Commercial & Marketing). |
Our journey and innovations Established in 1965, expanded hotel and tourism services, launched consultancy and engineering projects; recent infrastructure development and disinvestment initiatives. |
Where we operate Pan-India operations with hotels in key cities and tourist destinations, duty free shops at major seaports and airports, plus nationwide consultancy projects. |
Top products or what we offer Hotels, restaurants, travel and tour services, event management, consultancy, duty free shopping, hospitality education through Ashok Institute. |
Top brands The Ashok (flagship hotel in New Delhi), Hotel Samrat, Ashok Travels and Tours, Ashok Events, Ashok Institute of Hospitality & Tourism Management. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily recurring from hotels, tours, events, and consultancy, though tourism trends introduce some cyclicality. |
Our industry position Dominant government-owned player with unique properties and strong legacy in hospitality and tourism infrastructure development. |
Financial highlights Revenue from operations ₹565.20 crore (FY 2024-25), 12% YoY growth; PAT ₹82.94 crore, 25% increase; 3-year CAGR at 24.5%. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising domestic tourism, government infrastructure projects, growing event bookings, strategic property management, and diversified revenue streams. |
Our future plans Further disinvestment of non-core assets, expansion of hospitality education, infrastructure development under government schemes, and modernization of flagship hotels. |
Our green promise - |
Our people and values Committed workforce embracing sustainability, Hindi promotion, diversity, training, and employee welfare, emphasizing official language use and career development. |
Key challenges ahead Market competition, disinvestment uncertainties, labor and legal risks, technology upgrades, and maintaining profitability amidst operational challenges. |
Interesting facts Manages catering for Indian Parliament; hosted prestigious international sports and cultural events; operates a dedicated hospitality education institute. |
Risks and strategy Mitigates economic dependencies, operational risks, and political challenges via risk committees; pursuing strategic asset rationalization and modernization. |
