ITC Ltd logo

ITC Ltd

Fast Moving Consumer Goods F&O
NSE: ITC BSE: 500875 Diversified FMCG

Key Fundamentals

LargecapDiversified FMCGFMCG
Market Cap
3.9L Cr
Volatility
Moderate
P/E Ratio
11.1
EBITDA
₹28,508 Cr
Return on Equity
27.71%
Debt to Equity
0
Book Value
₹56.73
EPS
₹16.36
52W High
₹444.2
52W Low
₹302

Technical Indicators

Key Insights

▲

Strengths

4
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 4.61%.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%
  • Company has been maintaining a healthy dividend payout of 78.6%
▼

Weaknesses

2
  • The company has delivered a poor sales growth of 8.81% over past five years.
  • Earnings include an other income of Rs.17,203 Cr.

Growth Rate

Revenue Growth
10.23% ↗
Net Income Growth
-0.76% ↗
Cash Flow Change
2.61% ↗
ROE
5.56% ↗
ROCE
8.07% ↗
EBITDA Margin (Avg.)
-7.46% ↘

Quarterly Results

  Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Depreciation 447461442453384385403416416411423435431
EPS in Rs 4.034.164.13.934.284.14.083.993.9415.764.194.093.94
Expenses 11,00011,01110,49411,32010,98510,73611,23313,43812,42812,24614,67812,80713,165
Interest 9121010121110151011162019
Net Profit 5,0805,2435,1904,9655,4075,1915,1775,0545,01319,8085,3435,1875,018
OPM % 38%38%39%36%36%37%37%33%34%35%32%34%34%
Operating Profit 6,7056,6246,6706,4546,2106,3026,5456,5526,3626,5196,8166,6956,883
Other Income 59568372267482086877169080315,391751739322
Profit before tax 6,8446,8336,9406,6656,6356,7746,9036,8116,74021,4897,1286,9796,754
Sales 17,70517,63517,16417,77417,19517,03817,77819,99018,79018,76521,49519,50220,047
Tax % 26%24%25%26%19%23%25%26%26%8%25%26%26%

Profit & Loss

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Depreciation 9651,0281,0771,1531,2361,3971,6451,6461,7321,8091,5181,6461,700
Dividend Payout % 54%52%73%56%56%56%82%101%93%100%84%52%—
EPS in Rs 7.458.047.748.479.2410.2712.4510.6912.3715.4416.3927.7727.98
Expenses 22,22724,56624,66127,29826,92829,80230,04432,19340,02145,21542,74449,48452,896
Interest 299178491157181586078394567
Net Profit 9,0019,7799,50110,47711,49312,83615,59313,38315,50319,47720,75135,05235,356
OPM % 37%37%37%36%38%38%39%35%34%36%37%34%34%
Operating Profit 13,08014,25214,53115,47016,52118,53719,34417,06520,62325,70425,18825,83926,913
Other Income 9661,2291,4831,7592,2402,0802,4172,5771,9102,0983,33017,79517,203
Profit before tax 13,05214,36214,85916,02617,40919,15020,03517,93820,74025,91526,96141,94342,350
Sales 35,30638,81739,19242,76843,44948,34049,38849,25760,64570,91967,93275,32379,809
Tax % 31%32%36%35%34%33%22%25%25%25%23%16%—

Balance Sheet

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Borrowings 24226984463613277271249306303285363
CWIP 3,1172,7002,5603,7305,5084,1363,2564,0113,2263,0032,8611,0911,305
Equity Capital 7958028051,2151,2201,2261,2291,2311,2321,2431,2481,2511,253
Fixed Assets 12,92115,30315,10715,89316,52419,37421,71323,29824,23225,85127,82021,95522,400
Investments 7,2846,94311,74817,58122,05325,04328,66324,87124,84129,41531,11434,72032,548
Other Assets 17,52621,00622,23718,69420,15623,18523,67821,58024,89827,56129,95930,23734,550
Other Liabilities 13,36913,9488,8889,44011,69512,58511,76013,14314,49116,37016,94417,68819,368
Reserves 26,44230,93441,87545,19851,29057,91564,04459,11661,22367,91273,25968,77969,819
Total Assets 40,84845,95251,65155,89864,24171,73977,31173,76177,19685,83191,75488,00390,803
Total Liabilities 40,84845,95251,65155,89864,24171,73977,31173,76177,19685,83191,75488,00390,803

Cash Flow

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Financing Activity -4,122-4,661-5,613-7,301-6,221-6,869-8,181-18,634-13,580-13,006-18,551-17,037
Cash from Investing Activity -3,254-5,275-3,921-3,251-7,114-5,546-6,1745,740-2,238-5,7321,563-564
Cash from Operating Activity 7,3449,8439,79910,62713,16912,58314,69012,52715,77618,87817,17917,627
Net Cash Flow -32-9326675-166169334-367-4313919126

Ratios

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash Conversion Cycle 195181199145115122129129104105148146
Days Payable 585063608074767861596555
Debtor Days 251918212330191915152223
Inventory Days 228212244185173165187189150148191178
ROCE % 50%47%40%36%34%34%32%28%33%39%36%37%
Working Capital Days 7-651453132353631203945

Shareholding Pattern

48.9%
36.1%
14.9%
DIIs: 48.90% FIIs: 36.11% Government: 0.04% Public: 14.95%
  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
DIIs 42.08% 41.92% ↓0.241.94% ↑0.041.98% ↑0.043.76% ↑1.844.02% ↑0.344.59% ↑0.644.91% ↑0.345.19% ↑0.346.91% ↑1.747.41% ↑0.548.90% ↑1.5
FIIs 43.35% 43.62% ↑0.343.34% ↓0.343.26% ↓0.140.95% ↓2.340.47% ↓0.540.53% ↑0.140.17% ↓0.439.87% ↓0.337.98% ↓1.937.39% ↓0.636.11% ↓1.3
Government 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
Public 14.52% 14.41% ↓0.114.68% ↑0.314.71% ↑0.015.23% ↑0.515.47% ↑0.214.83% ↓0.614.88% ↑0.114.90% ↑0.015.07% ↑0.215.16% ↑0.114.95% ↓0.2
No. of Shareholders 29,30,52730,13,79332,74,36033,35,81536,48,53737,56,54135,68,56037,10,16936,47,88636,48,98936,66,40736,08,157

Documents

Company Information

Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in four business segments at present — FMCG Cigarettes, FMCG Others, Paperboards, Paper and Packaging, and Agri Business. [1]

Website itcportal.com
CEO Mr. Sanjiv Puri
Employees 22,041
Listed 1995-08-23
Face Value ₹ 1
Issued Size 12,52,89,59,772