| Scrip Code | 532189 |
|---|---|
| NSE Symbol | ITDC |
| MSEI Symbol | NA |
| ISIN | INE353K01014 |
| Name of company | NDIA TOURISM DEVELOPMENT CORPORATION LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 21-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 14-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 21-05-2026 12:00:00 |
| End date and time of board meeting | 21-05-2026 18:40:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 14,200.96 | 53,302.35 | |
| Other income | 984.04 | 2,991.93 | |
| Total income | 15,185.00 | 56,294.28 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 4,007.40 | 17,607.77 |
| (b) | Purchases of stock-in-trade | 412.88 | 412.88 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 146.75 | 146.75 |
| (d) | Employee benefit expense | 2,205.25 | 9,446.38 |
| (e) | Finance costs | 55.88 | 175.89 |
| (f) | Depreciation, depletion and amortisation expense | 182.39 | 705.59 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 4,380.12 | 16,548.69 |
| Total other expenses | 4,380.12 | 16,548.69 | |
| Total expenses | 11,390.67 | 45,043.95 | |
| 3 | Total profit before exceptional items and tax | 3,794.33 | 11,250.33 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 3,794.33 | 11,250.33 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,006.26 | 3,158.77 |
| 8 | Deferred tax | (41.42) | (190.06) |
| 9 | Total tax expenses | 964.84 | 2,968.71 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 2,829.49 | 8,281.62 |
| 12 | Profit (loss) from discontinued operations before tax | (2.79) | (58.44) |
| 13 | Tax expense of discontinued operations | (0.71) | (14.56) |
| 14 | Net profit (loss) from discontinued operation after tax | (2.08) | (43.88) |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 2,827.41 | 8,237.74 |
| 17 | Other comprehensive income net of taxes | 227.58 | 231.96 |
| 18 | Total Comprehensive Income for the period | 3,054.99 | 8,469.70 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 3,056.94 | 8,503.04 | |
| Total profit or loss, attributable to non-controlling interests | (1.94) | (33.33) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 2,829.37 | 8,271.07 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (1.94) | (33.33) | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 8,576.94 | 8,576.94 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 32,514.30 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 3.3 | 9.66 | |
| Diluted earnings (loss) per share from continuing operations | 3.3 | 9.66 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | -0.05 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | -0.05 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.3 | 9.61 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.3 | 9.61 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 4,165.37 | |
| Capital work-in-progress | 843.76 | |
| Investment property | 0.00 | |
| Goodwill | 0.00 | |
| Other intangible assets | 0.77 | |
| Intangible assets under development | 15.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 0.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 0.00 | |
| Other non-current financial assets | ||
| 1 | (ii) Other Financial Assets | 154.68 |
| Total of other non-current financial assets | 154.68 | |
| Total non-current financial assets | 154.68 | |
| Deferred tax assets (net) | 4,708.37 | |
| Other non-current assets | ||
| 1 | Other Non - Current Assets | 902.76 |
| Total of other non-current assets | 902.76 | |
| Total non-current assets | 10,790.71 | |
| 2 | Current assets | |
| Inventories | 1,796.01 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 11,043.37 | |
| Cash and cash equivalents | 5,475.34 | |
| Bank balance other than cash and cash equivalents | 21,598.13 | |
| Loans, current | 0.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 9,910.48 | |
| Total current financial assets | 48,027.32 | |
| Current tax assets (net) | 0.00 | |
| Other current assets | ||
| 1 | Other Current Assets | 15,518.52 |
| Total of other current assets | 15,518.52 | |
| Total current assets | 65,341.85 | |
| 3 | Non-current assets classified as held for sale | 89.14 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 76,221.70 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 8,576.94 | |
| Other equity | 33,697.45 | |
| Total equity attributable to owners of parent | 42,274.39 | |
| Non controlling interest | (1,183.15) | |
| Total equity | 41,091.24 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | ||
| 1 | (iii) Other Financial Liabilities | 746.95 |
| Total of other non-current financial liabilities | 746.95 | |
| Total non-current financial liabilities | 746.95 | |
| Provisions, non-current | 45.15 | |
| Deferred tax liabilities (net) | 0.00 | |
| Deferred government grants, Non-current | 410.53 | |
| Other non-current liabilities | ||
| 1 | Other Non - Current Liabilities | 32.13 |
| Total of other non-current liabilities | 32.13 | |
| Total non-current liabilities | 1,234.76 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 63.49 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 564.71 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 7,348.53 | |
| Total Trade payable | 7,913.24 | |
| Other current financial liabilities | ||
| 1 | (iii) Other Financial Liabilities | 11,906.54 |
| Total of other current financial liabilities | 11,906.54 | |
| Total current financial liabilities | 19,883.27 | |
| Other current liabilities | 10,858.65 | |
| 1 | Other Current Liabilities | 10,858.65 |
| Total of other current liabilities | 10,858.65 | |
| Provisions, current | 3,140.83 | |
| Current tax liabilities (Net) | 0.00 | |
| Deferred government grants, Current | 12.95 | |
| Total current liabilities | 33,895.70 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | |
| Total liabilities | 35,130.46 | |
| Total equity and liabilites | 76,221.70 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Hotel Division | 8,816.81 | 34,633.88 | ||||
| 2 | International Trade Division | 0.0043327 | 1,512.61 | ||||
| 3 | Travels &Tours | 1,141.70 | 2,409.90 | ||||
| 4 | Engg,Consultancy Projects | 0.0049977 | 0.0088009 | ||||
| 5 | Event Management, Hospitality & Tourism Management Institute & Others | 3,984.78 | 16,857.80 | ||||
| Total Segment Revenue | 14,876.33 | 56,294.28 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 14,876.33 | 56,294.28 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Hotel Division | 4,498.28 | 10,792.54 | ||||
| 2 | International Trade Division | 155.62 | 166.74 | ||||
| 3 | Travels &Tours | 378.10 | 421.06 | ||||
| 4 | Engg,Consultancy Projects | 362.84 | 381.28 | ||||
| 5 | Event Management, Hospitality & Tourism Management Institute & Others | (1,736.00) | (335.40) | ||||
| Total Profit before tax | 3,658.84 | 11,426.22 | |||||
| i. Finance cost | (77.90) | 175.89 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | 3,736.74 | 11,250.33 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Hotel Division | (2,078.68) | (2,078.68) | ||||
| 2 | International Trade Division | 34.16 | 34.16 | ||||
| 3 | Travels &Tours | 613.05 | 613.05 | ||||
| 4 | Engg,Consultancy Projects | 2,379.55 | 2,379.55 | ||||
| 5 | Event Management, Hospitality & Tourism Management Institute & Others | (2,752.92) | (2,752.92) | ||||
| Total Segment Asset | (1,804.84) | (1,804.84) | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | (1,804.84) | (1,804.84) | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Hotel Division | (1,006.95) | (1,006.95) | ||||
| 2 | International Trade Division | (176.83) | (176.83) | ||||
| 3 | Travels &Tours | 1,498.61 | 1,498.61 | ||||
| 4 | Engg,Consultancy Projects | 1,733.70 | 1,733.70 | ||||
| 5 | Event Management, Hospitality & Tourism Management Institute & Others | (6,963.63) | (6,963.63) | ||||
| Total Segment Liabilities | (4,915.10) | (4,915.10) | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | (4,915.10) | (4,915.10) | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | (i) Items that will not be Reclassified to Profit or Loss | 292.64 | 302.28 |
| Total Amount of items that will not be reclassified to profit and loss | 292.64 | 302.28 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 65.06 | 70.32 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 227.58 | 231.96 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 11,250.33 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 167.97 | |||||
| Adjustments for decrease (increase) in inventories | 14.86 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 10.22 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (2,475.93) | |||||
| Adjustments for decrease (increase) in other non-current assets | (823.58) | |||||
| Adjustments for other financial assets, non-current | 2.36 | |||||
| Adjustments for other financial assets, current | 4,992.72 | |||||
| Adjustments for other bank balances | (35.24) | |||||
| Adjustments for increase (decrease) in trade payables, current | (4,160.93) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | (1,053.81) | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 705.59 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 16.56 | |||||
| Adjustments for provisions, non-current | 30.83 | |||||
| Adjustments for other financial liabilities, current | 2,353.55 | |||||
| Adjustments for other financial liabilities, non-current | (1,292.19) | |||||
| Adjustments for unrealised foreign exchange losses gains | 9.70 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 1,891.09 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 941.79 | |||||
| Other adjustments for non-cash items | (527.47) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | (3,014.09) | |||||
| Net cash flows from (used in) operations | 8,236.24 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 1,191.86 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 7,044.38 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 1,022.18 | |||||
| Proceeds from sales of investment property | 14.75 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 1,421.26 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (7,726.85) | |||||
| Net cash flows from (used in) investing activities | (7,313.02) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 0.00 | |||||
| Dividends paid | 2,487.31 | |||||
| Interest paid | 0.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (2,487.31) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (2,755.95) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | (9.70) | |||||
| Net increase (decrease) in cash and cash equivalents | (2,765.65) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 8,240.99 | |||||
| Cash and cash equivalents cash flow statement at end of period | 5,475.34 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | HDSG & Associates | Yes | 21-05-2026 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 53,302.35 | 54,594.94 |
| 2 | Total Expenditure | 45,043.96 | 45,043.96 |
| 3 | Net Profit/(Loss) | 8,237.74 | 9,205.01 |
| 4 | Earnings Per Share | 9.6 | 10.73 |
| 5 | Total Assets | 76,221.70 | 77,514.29 |
| 6 | Total Liabilities | 35,130.46 | 35,455.78 |
| 7 | Net Worth | 41,091.24 | 42,058.51 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Qualified opinion | Repetitive | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Qualified opinion | Repetitive | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Qualified opinion | Repetitive | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| Textual Information(1) | MSMED Act Compliances: As per the information provided to us, the Company has identified suppliers registered under the MSMED Act, 2006, by obtaining confirmation from suppliers and information has been collated to the extent of information received. In the absence of the requisite audit evidence, we are unable to determine the delay in making payment to MSME entities, liability of interest and compliance on such delayed payments in terms of provisions of MSMED Act. |
|---|---|
| Textual Information(2) | Not quantified by Auditor |
| Textual Information(3) | Not quantified by Management |
| Textual Information(4) | All pending issues have been majorly resolved, and compliances are in place. No major financial impact as on date. |
| Textual Information(5) | N.A |
| Textual Information(6) | Revenue from License fee The Company has not generated invoices for license fees on licensees of units, viz. Ashok Hotel, Samrat Hotel & Taj Restaurant (units of ITDC) to the tune of Rs. 1292.59 lakhs during the year 2020-21 on account of Covid-19 pandemic, and hence not considered in Books of Accounts. The matter is still under consideration before the board of Directors of ITDC. Thus, the sale of services from license fees and trade receivables of the Company continued to be understated to this extent. |
| Textual Information(7) | Amount of Rs. 1,292.59 lakhs not booked as Revenue from Operations |
| Textual Information(8) | N.A. |
| Textual Information(9) | N.A. |
| Textual Information(10) | N.A. |
| Textual Information(11) | Ashok Tours and Travels (ATT) Delhi 1. ATT had entered into a General Sales Agent (GSA) agreement with M/s Shree Plan Your Journey Pvt. Ltd. (SPYJ) in September 2019 for marketing of its travel-related business. Upon expiry of this agreement, SPYJ was again appointed as GSA through a fresh open tender process dated October 21, 2024. As per management, the terms and conditions of the new agreement are to be considered independently from the earlier arrangement. In respect of the GSA agreement dated September 2019, we observed the following points: I. After the initial deposit of security of Rs. 300.00 lakh. The said amount was required to be increased additionally through the deposit of funds as and when required based on the business. As per the agreement, the evaluation is to be made by the Company on a monthly basis, and in case of its non-compliance, the issue of all travel-related services would be stopped till funds are received. However, as at March 31, 2026, total amount receivable from the business conducted through the GSA amounts to Rs. 1,743.71 lakh, whereas, ATT has kept on HOLD only an amount of Rs. 1,560.38 lakh in the form of security deposit, bank guarantee, commission and other services payable to cover the outstanding limit. Hence, there is a deficit which is not in consonance with the terms of the agreement (dated September, 2019) and directive of the Board. II. We observe that various conditions of the agreement with SPYJ were not complied &/or not enforced like credit limit, reconciliation, monthly evaluation, additional Bank Guarantee (BG) etc. Despite raising the issues in the previous years and also in the current year. There is periodical reconciliation of PLB from Airlines, identification of unlinked receipts, credit note delays, settlement of commission bills after receiving full payment from SPYJ clients, compliance of SoP etc. Separate reconciliation for compliance towards old agreement was not available on record. Above mentioned deficiencies have repercussions on timely compliance of TDS and provisions under GST Act. III. Subsequently, vide notice dated January 27, 2026, management terminated the agreement for empanelment of GSA by Ashok Travels and Tours, pursuant to which the vendor discontinued the services. However the reconciliation/balance confirmation with the party are still pending on the date of report. In view of the circumstances stated in para I , II and III above we are unable to comment on the final outcome of non-compliance of the terms of Agreement, reconciliation and/ or assessment of recoverability for the outstanding in the accounts pertaining to SPYJ / ATT customers and its consequential impact on the Standalone Financial Statements. |
| Textual Information(12) | Not quantified by Auditor |
| Textual Information(13) | Not quantified by Management |
| Textual Information(14) | The Agreement has been terminated vide dated January 27, 2026. However Reconciliation under progress and it will be completed during the next financial year |
| Textual Information(15) | N.A. |
| Textual Information(16) | Ashok Tours and Travels (ATT) Delhi 2. During the year 2024-25, ITDC through its division - Ashok Travels & Tours (ATT), undertook a prestigious project to provide luxury tent accommodation and allied facilities during Maha Kumbh 2025 in Prayagraj. The project was executed through one of ATTs empanelled General Sales Agent (GSA) named M/s Zenith Leisure Holidays Ltd. further, Considering the special nature of assignment and business involved, ITDC has engaged, an independent Chartered Accountant (CA) firm to conduct reconciliation, verification, and certification of the project accounts and based on the interim report of such CA firm, income and expenses have been recognised in the financial statement for the period ended march 31, 2025. The outcome is subject to final report and reconciliation. In the absence of the final report duly verified by the management not being made available to us, we were unable to verify the same hence in view of this the final impact of the same on the Standalone financial statement for the year ended 31st March 2026 could not be ascertained. |
| Textual Information(17) | Not quantified by Auditor |
| Textual Information(18) | Not quantified by Management |
| Textual Information(19) | Reconciliation is under process and it will be completed during the next financial year. |
| Textual Information(20) | N.A. |
| Name of CEO / Managing director | Mugdha Sinha |
|---|---|
| Name of CFO | Lokesh Kumar Aggarwal |
| Name of audit committee chairman | Vandana Jain |
| Name of statutory auditor | Harbir Singh Gulati |
| Name of other signatory, if any, with designation | |
| Place | New Delhi |
| Date | 21-05-2026 |