Income Statement ITC Hotels Limited

Stocks

ITCHOTELS

INE379A01028

Hotels, Motels & Cruise Lines

End-of-day quote NSE India S.E. Other stock markets 11/06/2026			5-day change	1st Jan Change
149.29 ^INR	-0.79%		-2.04%	-24.38%

05-19	ITC Hotels buys 100% of Zuri Hotels and Resorts	RE
05-18	ITC Hotels Limited acquired Zuri Hotels and Resorts Private Limited.	CI

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Published financial data: ITC HOTELS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2024	2025
Revenues	-	35.6B
Total Revenues	-	35.6B
Cost of Goods Sold, Total	11.86M	13.25B
Gross Profit	-11.86M	22.35B
Selling General & Admin Expenses, Total	-	1.12B
Depreciation & Amortization - (IS)	-	4.02B
Other Operating Expenses	28.48M	9.06B
Other Operating Expenses, Total	28.48M	14.2B
Operating Income	-40.34M	8.15B
Interest Expense, Total	-	-66.4M
Interest And Investment Income	62.5M	559M
Net Interest Expenses	62.5M	493M
Income (Loss) On Equity Invest.	-	159M
Other Non Operating Income (Expenses)	-1.5K	104M
EBT, Excl. Unusual Items	22.15M	8.91B
Gain (Loss) On Sale Of Assets	-	-64.5M
EBT, Incl. Unusual Items	22.15M	8.84B
Income Tax Expense	5.58M	2.46B
Earnings From Continuing Operations	16.58M	6.38B
Net Income to Company	16.58M	6.38B
Minority Interest	-	-30.7M
Net Income - (IS)	16.58M	6.35B
Net Income to Common Incl Extra Items	16.58M	6.35B
Net Income to Common Excl. Extra Items	16.58M	6.35B
Per Share Items
Net EPS - Basic	0.02	3.05
Basic EPS - Continuing Operations	0.02	3.05
Basic Weighted Average Shares Outstanding	797M	2.08B
Net EPS - Diluted	0.02	3.05
Diluted EPS - Continuing Operations	0.02	3.05
Diluted Weighted Average Shares Outstanding	797M	2.08B
Normalized Basic EPS	0.02	2.66
Normalized Diluted EPS	0.02	2.66
Supplemental Items
EBITDA	-	12.06B
EBITA	-40.34M	8.15B
EBIT	-40.34M	8.15B
EBITDAR	-	12.47B
Total Revenues (As Reported)	62.5M	36.26B
Effective Tax Rate - (Ratio)	25.17	27.87
Total Current Taxes	12.7M	2.21B
Total Deferred Taxes	-7.13M	256M
Normalized Net Income	13.85M	5.53B
Interest on Long-Term Debt	-	66M
Non-Cash Pension Expense	-	5.9M
Supplemental Operating Expense Items
Advertising Expense	-	710M
Selling and Marketing Expenses	-	710M
Net Rental Expense, Total	-	409M
Imputed Operating Lease Interest Expense	-	296M
Imputed Operating Lease Depreciation	-	113M
Maintenance & Repair Expenses, Total	-	2.69B
Stock-Based Comp., COGS (Total)	-	40.6M
Total Stock-Based Compensation	-	40.6M

Fiscal Period: March	2024	2025
Assets
Cash And Equivalents	2.43M	787M
Short Term Investments	815M	15.75B
Trading Asset Securities, Total	-	1.74B
Total Cash And Short Term Investments	817M	18.27B
Accounts Receivable, Total	-	2.02B
Other Receivables	37.3M	665M
Notes Receivable	-	2.1M
Total Receivables	37.3M	2.68B
Inventory	-	12.78B
Prepaid Expenses	-	387M
Other Current Assets, Total	3.4M	442M
Total Current Assets	858M	34.57B
Gross Property Plant And Equipment	-	107B
Accumulated Depreciation	-	-23.66B
Net Property Plant And Equipment	-	83.14B
Long-term Investments	-	5.1B
Goodwill	-	170M
Other Intangibles, Total	-	161M
Deferred Tax Assets Long-Term	4.75M	38.7M
Other Long-Term Assets, Total	908K	1.58B
Total Assets	864M	125B
Liabilities
Accounts Payable, Total	-	4.21B
Accrued Expenses, Total	22.74M	1.86B
Current Portion of Leases	-	5.2M
Current Income Taxes Payable	-	72.3M
Unearned Revenue Current, Total	-	230M
Other Current Liabilities	1K	5.23B
Total Current Liabilities	22.74M	11.61B
Long-Term Leases	-	728M
Unearned Revenue Non Current	-	167M
Deferred Tax Liability Non Current	-	4.26B
Other Non Current Liabilities	-	719M
Total Liabilities	22.74M	17.48B
Common Stock, Total	830M	2.08B
Additional Paid In Capital	-	105B
Retained Earnings	11.05M	3.13B
Comprehensive Income and Other	-	-3.76B
Total Common Equity	841M	107B
Minority Interest	-	363M
Total Equity	841M	107B
Total Liabilities And Equity	864M	125B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	830M	2.08B
ECS Total Common Shares Outstanding	830M	2.08B
Book Value / Share	1.01	51.38
Tangible Book Value	841M	107B
Tangible Book Value Per Share	1.01	51.22
Total Debt	0	733M
Net Debt	-817M	-17.54B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	198M
Debt Equivalent Oper. Leases	-	3.27B
Minority Interest, Total (Incl. Fin. Div)	-	363M
Equity Method Investments, Total	-	1.17B
Account Code - Inventory Valuation	3	6
Inventories - Work In Process, Total	-	11.97B
Inventories - Finished Goods, Total	-	371M
Inventories - Others	-	73.4M
Land - (BS)	-	10.12B
Buildings, Total	-	46.67B
Machinery, Total	-	44.38B
Full Time Employees	-	3.18K
Accumulated Allowance for Doubtful Accounts (Supple)	-	99.3M

Fiscal Period: March	2024	2025
Net Income	16.58M	6.35B
Depreciation & Amortization - CF	-	3.97B
Amortization of Goodwill and Intangible Assets - (CF)	-	1.3M
Depreciation & Amortization, Total	-	3.98B
Amortization of Deferred Charges, Total - (CF)	-	47.5M
(Gain) Loss From Sale Of Asset	-	64.5M
(Gain) Loss on Sale of Investments - (CF)	-	-107M
(Income) Loss On Equity Investments - (CF)	-	-159M
Stock-Based Compensation (CF)	-	1.3M
Provision and Write-off of Bad Debts	-	-400K
Other Operating Activities, Total	-70.98M	-124M
Change In Accounts Receivable	-	-546M
Change In Inventories	-	-1.59B
Change In Accounts Payable	-	127M
Change in Other Net Operating Assets	29.01M	-
Cash from Operations	-25.39M	8.03B
Capital Expenditure	-	-3.86B
Sale of Property, Plant, and Equipment	-	41.4M
Investment in Marketable and Equity Securities, Total	-1.22B	-18.56B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	1.9M
Other Investing Activities, Total	6.54M	315M
Cash from Investing	-1.22B	-22.06B
Long-Term Debt Repaid, Total	-	-2.9M
Total Debt Repaid	-	-2.9M
Issuance of Common Stock	1.24B	-
Other Financing Activities, Total	-	14.3B
Cash from Financing	1.24B	14.3B
Net Change in Cash	3.65M	274M
Supplemental Items
Cash Interest Paid	-	66.4M
Cash Income Tax Paid (Refund)	14.07M	2.13B
Levered Free Cash Flow	-	3.48B
Unlevered Free Cash Flow	-	3.52B
Change In Net Working Capital	-	1.78B
Net Debt Issued / Repaid	-	-2.9M

Fiscal Period: March	2024	2025
Profitability
Return on Assets	-	4.49
Return on Total Capital	-	5.25
Return On Equity %	-	6.62
Return on Common Equity	-	6.61
Margin Analysis
Gross Profit Margin %	-	62.78
SG&A Margin	-	3.14
EBITDA Margin %	-	33.89
EBITA Margin %	-	22.9
EBIT Margin %	-	22.89
Income From Continuing Operations Margin %	-	17.91
Net Income Margin %	-	17.83
Net Avail. For Common Margin %	-	17.83
Normalized Net Income Margin	-	15.55
Levered Free Cash Flow Margin	-	9.77
Unlevered Free Cash Flow Margin	-	9.89
Asset Turnover
Asset Turnover	-	0.31
Fixed Assets Turnover	-	0.43
Receivables Turnover (Average Receivables)	-	20.56
Inventory Turnover (Average Inventory)	-	1.14
Short Term Liquidity
Current Ratio	37.73	2.98
Quick Ratio	37.58	1.81
Operating Cash Flow to Current Liabilities	-1.12	0.69
Days Sales Outstanding (Average Receivables)	-	17.75
Days Outstanding Inventory (Average Inventory)	-	320.92
Average Days Payable Outstanding	-	100.53
Cash Conversion Cycle (Average Days)	-	238.15
Long Term Solvency
Total Debt/Equity	-	0.68
Total Debt / Total Capital	-	0.68
LT Debt/Equity	-	0.68
Long-Term Debt / Total Capital	-	0.67
Total Liabilities / Total Assets	2.63	14.01
EBIT / Interest Expense	-	122.74
EBITDA / Interest Expense	-	182.62
(EBITDA - Capex) / Interest Expense	-	124.5
Total Debt / EBITDA	-	0.06
Net Debt / EBITDA	-	-1.45
Total Debt / (EBITDA - Capex)	-	0.09
Net Debt / (EBITDA - Capex)	-	-2.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	6.69
Gross Profit, 1 Yr. Growth %	-	6.05
EBITDA, 1 Yr. Growth %	-	7.59
EBITA, 1 Yr. Growth %	-	-1.87
EBIT, 1 Yr. Growth %	-	-1.88
Earnings From Cont. Operations, 1 Yr. Growth %	-	0.29
Net Income, 1 Yr. Growth %	-	0.31
Normalized Net Income, 1 Yr. Growth %	-	4.17
Diluted EPS Before Extra, 1 Yr. Growth %	-	0.31
Accounts Receivable, 1 Yr. Growth %	-	39.61
Inventory, 1 Yr. Growth %	-	21.57
Net Property, Plant and Equip., 1 Yr. Growth %	-	1.75
Total Assets, 1 Yr. Growth %	-	22.41
Tangible Book Value, 1 Yr. Growth %	-	25.91
Common Equity, 1 Yr. Growth %	-	25.82
Cash From Operations, 1 Yr. Growth %	-	-20.35
Capital Expenditures, 1 Yr. Growth %	-	-61.77