International Travel House reported a 1.7% decrease in revenue and a 31.9% drop in profit for FY26. The company proposed a final dividend of ₹5.50 per share. Operational highlights include a growing EV fleet and resilience in its MICE segment, though GST litigation remains a concern.
International Travel House Reports FY26 Decline, Proposes Dividend
International Travel House Ltd (ITH) reported a revenue of ₹231.63 crore for the financial year ended March 31, 2026, a 1.70% decrease from ₹235.63 crore in the previous year. Profit After Tax (PAT) saw a significant decline of 31.91% to ₹18.48 crore, down from ₹27.15 crore in FY25. This was partly impacted by exceptional items of ₹5.89 crore.
Reader Takeaway: Revenue and profit declined, but EV fleet expansion and MICE segment resilience offer positives.
What just happened
International Travel House Limited announced its financial results for the fiscal year 2025-26. The company's revenue from operations stood at ₹231.63 crore, while its profit for the year was ₹18.48 crore. The Board has recommended a final dividend of ₹5.50 per equity share, subject to shareholder approval.
Why this matters
The decline in revenue and profit impacts shareholder returns. However, the proposed dividend provides some return, while the growth in its electric vehicle fleet and strength in the domestic MICE segment indicate ongoing business development and operational focus.
The backstory
ITH has been focusing on modernizing its fleet and enhancing operational efficiency through technology. The company has also been navigating challenges in the outbound travel market, influenced by geopolitical factors.
What changes now
Shareholders will await the Annual General Meeting for dividend approval. The company will continue to invest in its EV fleet and technology platforms. The resolution of ongoing GST litigation will be a key factor for financial stability.
Risks to watch
The primary risks include a substantial GST demand of ₹19.83 crore from Haryana authorities and headwinds in the outbound travel sector due to geopolitical tensions. Profitability pressure, evidenced by the 31.91% PAT drop, requires monitoring.
Peer comparison
(No direct peer comparison data available in the filing.)
Context metrics (time-bound)
- Revenue FY26: ₹231.63 crore (down 1.70% YoY)
- Profit FY26: ₹18.48 crore (down 31.91% YoY)
- EV Fleet: 155 units (added 49)
- Final Dividend: ₹5.50 per equity share
- GST Litigation: ₹19.83 crore demand
What to track next
Investors should monitor the outcome of the GST litigation and the company's performance in the outbound travel segment amidst geopolitical uncertainties. The continued expansion of the EV fleet and adoption of new technology platforms will also be crucial.