Company Overview

International Travel House Limited (ITH) is one of India's leading integrated travel and mobility management companies, established in 1981 and publicly listed. The company offers comprehensive travel solutions, business travel management, car rental services, and MICE (Meetings, Incentives, Conferences, and Exhibitions) travel.

Annual General Meeting Details

  • 45th Annual General Meeting to be held on Tuesday, 25th August 2026 at 11:00 AM IST through Video Conferencing
  • Record Date for Final Dividend: Friday, 31st July 2026
  • Dividend Payment Period: 26th August 2026 to 1st September 2026
  • Remote e-voting period: 22nd August 2026 (9:00 AM) to 24th August 2026 (5:00 PM)

Financial Performance Highlights

Profitability Metrics:

  • Operating Income: ₹23,163.10 lakhs (Previous year: ₹23,562.74 lakhs) - decrease of 1.70%
  • Other Income: ₹600.69 lakhs (Previous year: ₹664.49 lakhs)
  • Profit Before Tax: ₹2,511.30 lakhs (Previous year: ₹3,678.75 lakhs) - decrease of 31.75%
  • Profit After Tax: ₹1,848.19 lakhs (Previous year: ₹2,715.17 lakhs) - decrease of 31.93%
  • Total Comprehensive Income: ₹1,834.79 lakhs (Previous year: ₹2,689.70 lakhs)

Key Financial Ratios:

  • Return on Net Worth: 10.72% (Previous year: 17.64%)
  • Net Profit Ratio: 8.07% (Previous year: 11.63%)
  • Return on Capital Employed: 14.64% (Previous year: 23.99%)

Dividend Declaration:

  • Final Dividend recommended: ₹5.50 per equity share of ₹10 each (same as previous year)
  • Total cash outflow: ₹439.70 lakhs
  • Dividend history: ₹5.50 (2024-25), ₹5.00 (2023-24), ₹3.50 (2022-23)

Capital Structure

  • Authorized Capital: ₹1,200.00 lakhs (1,00,00,000 equity shares of ₹10 each + 2,00,000 preference shares of ₹100 each)
  • Issued, Subscribed and Paid-up Capital: ₹799.45 lakhs (79,94,500 equity shares of ₹10 each fully paid-up)
  • Shareholding Pattern:
  • Promoter & Promoter Group: 61.69% (ITC Hotels Limited: 48.96%, Russell Investments Limited: 12.73%)
  • Public: 38.31%
  • 99.77% of shares are in dematerialized form

Business Operations Update

Travel Management Services:

  • Comprehensive suite including air ticketing, hotel bookings, mobility solutions, visa facilitation
  • Technology-led initiatives: Self-Booking Tools, integrated expense management, carbon-reporting capabilities
  • ISO/IEC 27001:2022 Certified for information security
  • EcoVadis Bronze Medal for sustainability assessment

Car Rental Services:

  • Expanded Electric Vehicle fleet by 49 additional EVs across key operational hubs
  • Total EVs in fleet: 155 vehicles at year-end
  • Focus on operational excellence, service quality, and safety

Operational Presence:

  • Operations across 19 cities in India
  • Global partnership with GlobalStar Travel Management (presence in over 55 countries)

Corporate Governance

Board Composition:

  • Total Directors: 8
  • Non-Executive Independent Directors: 4 (50%)
  • Chairman and other Non-Executive Non-Independent Directors: 3
  • Managing Director: 1
  • Woman Director: 1 (Ms. Vrinda Sarup)

Board Meetings:

  • 6 meetings held during FY25-26
  • Average attendance: 94.79%

Key Committees:

1. Audit Committee (4 members, 7 meetings)

2. Stakeholders Relationship Committee (3 members, 5 meetings)

3. Nominations & Remuneration Committee (3 members, 5 meetings)

4. Corporate Social Responsibility Committee (3 members, 3 meetings)

5. Corporate Management Committee (6 members)

Director Remuneration:

  • Managing Director: ₹198.02 lakhs (including performance bonus of ₹80.60 lakhs)
  • Independent Directors: Sitting fees only (₹2.10-₹4.05 lakhs each)
  • Non-Executive Directors: No remuneration

Corporate Social Responsibility

  • CSR Expenditure: ₹60.00 lakhs (against requirement of ₹55.38 lakhs)
  • Focus areas: Environmental sustainability, skill development, holistic education
  • Initiatives include vocational skilling programs, solar panel installations, afforestation activities, and digital community libraries

Related Party Transactions

  • All transactions with related parties were in ordinary course of business and at arm's length
  • Key transactions:
  • Remuneration of employees on deputation reimbursed: ₹570.82 lakhs to ITC Hotels Limited
  • Dividend payments: ₹215.28 lakhs to ITC Hotels Limited
  • Expenses reimbursed: ₹16.70 lakhs to ITC Hotels Limited

Key Disclosures and Compliance

  • No material orders from regulators/courts affecting going concern status
  • No fraud reported by auditors under Section 143(12) of Companies Act, 2013
  • Whistleblower Policy: 1 complaint received and investigated (no evidence found)
  • No complaints under Sexual Harassment of Women at Workplace Act, 2013
  • Unclaimed dividend for 2018-19 and related shares to be transferred to IEPF on 1st September 2026

Exceptional Items

  • One-time impact of ₹589.00 lakhs for recognition of past service cost for gratuity and leave wages
  • Related to implementation of New Labour Codes (Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, Occupational Safety Code 2020)

Forward-Looking Statements

The report contains forward-looking statements involving risks and uncertainties. Actual results could differ materially from those expressed due to various factors including economic conditions, industry trends, and regulatory changes.