Miniratna PSU Stock ITDC: Rs. 2.90 Dividend, Record Date Out; Buy India Tourism Development Corporation?

India Tourism Development Corporation (ITDC) is a Public Sector Undertaking under the administrative control of the Ministry of Tourism. The company offers a one-stop shop for any issue relating to travel, tourism, and hospitality. In conclusion, the announcement of India Tourism Development Corporation Limited's dividend record date is expected to increase trading activity and raise interest in the stock before the ex-dividend date.

ITDC Dividend

"We hereby inform that the Board of Directors have recommended dividend of Rs. 2.90/- per Equity share of Face Value of Rs. 10/- each for the Financial Year 2024-25, subject to the approval of Shareholders at the ensuing Annual General Meeting to be held on Tuesday, 16th September, 2025. Pursuant to the Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Tuesday, 9th September, 2025 as the "Record Date" for determining entitlement of Shareholders for the payment of dividend for Financial Year 2024-25," said ITDC in a stock exchange filing.

"This dividend, if approved by the shareholders at AGM, will be payable within 30 days from the date of declaration of dividend i.e. on or before October 15, 2025 to the Members whose names appear in the Register of Members/ list of Beneficial Owners of the Company as on the Record Date i.e. Tuesday, September 09, 2025," as per ITDC.

The 60th Annual General Meeting of the company is scheduled to be held on Tuesday, 16th September, 2025.

India Tourism Development Corporation Financials

The firm recorded net sales of Rs 86.41 crore in the June 2025 quarter, rising 3.3% from Rs 83.65 crore in the June 2024 quarter, according to Moneycontrol. In the June 2025 quarter, its net profit was Rs. 10.20 crore, a 16.17% drop from the Rs. 12.16 crore in the June 2024 quarter. EBITDA increased 26.85% from Rs. 11.77 crore in Q1FY25 to Rs. 14.93 crore in Q1FY26.

ITDC Target Price

"ITDC is showing consolidation near its support levels with steady volumes, indicating accumulation at lower zones. The stock holds above key moving averages, reflecting strength in trend. Sustaining above ₹530 can attract fresh buying interest, with upside potential toward ₹555-₹570. Immediate support lies at ₹520, making risk-reward favorable for positional gains," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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