Logo
Whalesbook
HomeStocksNewsPremiumAbout UsContact Us

ITC Ltd

₹ 4030.64%
04 Dec – close price
🔗itcportal.com•BSE: 500875•NSE: ITC
Market Cap₹ 5,04,972 Cr.
Current Price₹ 403
High / Low₹ 472
Stock P/E25.4
Book Value₹ 54.8
Dividend Yield3.56 %
ROCE36.9 %
ROE27.9 %
Face Value₹ 1.00
Sales₹ 72,072 Cr.
OPM33.8 %
Mar Cap₹ 5,04,972 Cr.

ABOUT

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]

KEY POINTS

Business Segments1) FMCG Cigarettes (42% in H1 FY25 vs 40% in FY22):[1][2]The company holds an80% market sharein the organized domestic cigarette market, offering brands like Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, etc. This vertical is themost profitable business of the company with 78% contribution towards PBIT.In Q2 FY25, the segment revenue grew by 7% YoY, supported by volume growth and a relatively stable tax regime.[3][4][5]

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Hind. Unilever2462.2054.69578516.361.752694.00-2.1416241.001.9827.8564243.0022.9710578.202547.0211.8813.190.04
2.ITC403.0525.35504971.863.565179.822.7618021.25-3.3736.8872072.1933.7619917.025113.237.3622.830.00
3.Hindustan Foods527.0049.816296.690.0035.2353.641038.5917.5914.343846.388.22126.4135.236.054.870.87
4.Godavari Bioref.238.8626.231222.390.00-41.5979.91430.7534.215.791990.767.3546.60-15.071.69-1.230.68
5.Davangere Sugar3.8743.78553.410.002.63103.8848.1922.536.70202.3527.0112.642.631.101.530.40
–Median: 5 Co.403.0543.786296.690.035.2353.641038.5917.5914.343846.3822.97126.4135.236.054.870.4

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
16,13016,22616,39815,82816,55015,69615,73416,37318,64917,05317,24819,75018,021
Expenses
10,26610,00310,1899,57810,5089,9569,89210,28712,52611,22411,26213,48911,769
Operating Profit
5,8646,2236,2096,2506,0425,7395,8426,0876,1235,8285,9866,2616,252
Other Income
5078728197098961,2879797969761,83115,482662986
Profit before tax
5,9396,6786,5956,5466,5146,6736,4706,5196,7197,29021,1046,5456,851
Tax %
25%25%23%25%24%16%22%25%24%23%7%25%24%
Net Profit
4,4665,0315,0874,9034,9275,5725,0204,9175,0785,63819,5624,9125,180
EPS in Rs
3.604.054.093.943.954.474.023.944.064.5115.633.924.13

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
33,22836,49036,58340,08040,62044,98345,62045,48556,34166,04362,62869,32472,072
Expenses
20,74022,97022,84325,47425,04127,55127,63529,89537,44842,06239,19345,40747,744
Operating Profit
12,48813,51913,74014,60515,57817,43117,98515,59018,89323,98123,43523,91724,328
Other Income
1,0941,5181,7671,9812,5282,3822,8253,1952,6492,5064,10019,19418,962
Interest
247872451105880596174343645
Depreciation
9009621,0011,0381,1451,3121,5631,5621,6521,6631,3571,4421,454
Profit before tax
12,65913,99814,43415,50316,85218,44419,16717,16419,83024,75026,14441,63341,791
Net Profit
8,7859,6089,32810,20111,22312,46415,13613,03215,05818,75320,42235,19635,292
EPS in Rs
7.367.997.738.409.2010.1712.3110.5912.2215.0916.3628.1228.19
Dividend Payout %
54%52%73%57%56%57%82%102%94%103%84%51%–

Compounded Sales Growth

10 Years:7%
5 Years:9%
3 Years:7%
TTM:8%

Compounded Profit Growth

10 Years:8%
5 Years:5%
3 Years:9%
TTM:-1%

Stock Price CAGR

10 Years:7%
5 Years:17%
3 Years:8%
1 Year:-8%

Return on Equity

10 Years:25%
5 Years:26%
3 Years:28%
Last Year:28%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
7958028051,2151,2201,2261,2291,2311,2321,2431,2481,2511,253
Reserves
25,46729,93440,85244,12650,18056,72462,80057,77460,16766,35170,98566,64967,332
Borrowings
675342261811332329311325312157143
Other Liabilities
12,90113,4078,3338,84910,96311,83710,87412,24613,38214,34314,78215,95217,245
Total Liabilities
39,22944,19650,03154,21662,38169,79875,23571,58075,09282,26287,32884,00985,972
Fixed Assets
12,01314,17814,01114,88015,56618,48620,51822,18823,22124,17425,74319,98820,120
Gross Block
18,54521,72715,00516,89618,69022,85326,34129,47831,87234,26137,30430,774–
Accumulated Depreciation
6,5327,5489942,0153,1244,3665,8247,2908,65110,08711,56110,786–
CWIP
2,2962,1142,4193,5375,0263,4012,7803,3332,4661,6971,0871,0711,268
Investments
8,8238,40513,32518,58523,39726,57830,63126,98427,28232,72134,73935,98734,279
Other Assets
16,09719,49820,27717,21318,39321,33221,30719,07522,12323,67025,75926,96330,305
Total Assets
39,22944,19650,03154,21662,38169,79875,23571,58075,09282,26287,32884,00985,972

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
6,9629,3099,21210,00212,65111,74913,80611,49414,80817,91216,11816,751
Cash from Investing Activity
-2,823-4,820-3,711-2,780-6,691-5,082-5,5176,555-1,517-5,1592,12839
Cash from Financing Activity
-4,174-4,574-5,465-7,138-6,020-6,601-7,891-18,379-13,337-12,730-18,255-16,766
Net Cash Flow
-35-853684-6067399-330-4622-924

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
241717202130171713131921
Inventory Days
204195231180167160170173139134173173
Days Payable
554760587871737559556152
Cash Conversion Cycle
1731651881411101191141159392130142
Working Capital Days
-2-1348442830282926143243
ROCE %
51%48%40%35%34%34%32%28%33%38%36%37%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
––––––––––––
FIIs
42.99%43.35%43.62%43.34%43.26%40.95%40.47%40.53%40.17%39.87%37.98%37.39%
DIIs
42.19%42.08%41.92%41.94%41.98%43.76%44.02%44.59%44.91%45.19%46.91%47.41%
Public
14.78%14.52%14.41%14.68%14.71%15.23%15.47%14.83%14.88%14.90%15.07%15.16%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

ITC Analysts Meet Scheduled for December 3, 2025 in Kolkata (BSE)

26th November 2025, 3:42 PM

ITC Limited Completes Voluntary Delisting from The Calcutta Stock Exchange; Remains Listed on NSE & BSE

20th November 2025, 9:56 AM

ITC Publishes Newspaper Ad on Postal Ballot for Director Appointments & CSE Delisting

17th November 2025, 4:29 PM

ITC Ltd Allots 9.27 Lakh Shares Under ESOPs, Increasing Share Capital to ₹1252.87 Crore

17th November 2025, 3:30 PM

ITC Limited Announces Voluntary Delisting from Calcutta Stock Exchange

11th November 2025, 3:59 PM

Published by Other Websites

External media mentions & references

Top stories | IndiGo turmoil continues, Putin begins India visit, market rebounds ahead of RBI Policy and more

4th December 2025, 4:48 PM

BAT looks to sell between 7-15.3% stake in ITC Hotels

4th December 2025, 3:36 PM

ITC Hotels Block Deal | BAT entities likely to sell up to 7% stake for ₹2,998 crore

4th December 2025, 2:12 PM

Stock Market Highlights, Dec 4: Sensex halts 4-day losing streak, jumps 158 pts; Nifty at 26033 - Top gainers, losers

4th December 2025, 1:10 PM

Putin’s Delhi visit sends five-star hotel prices soaring: Rooms now cost between Rs 85,000 and Rs 1.3 lakh

4th December 2025, 8:09 AM

News Articles

Editorial & research coverage

BAT looks to sell between 7-15.3% stake in ITC Hotels
BAT looks to sell between 7-15.3% stake in ITC Hotels

4th December 2025, 3:36 PM

Stock benchmarks seen opening flat as foreign outflows, weakening rupee weigh
Stock benchmarks seen opening flat as foreign outflows, weakening rupee weigh

4th December 2025, 4:02 AM

Top stocks to buy today: Stock market recommendations for December 4, 2025 - check list
Top stocks to buy today: Stock market recommendations for December 4, 2025 - check list

4th December 2025, 3:58 AM

Rajasthan's luxury hotel boom: Global chains rush in as big-fat weddings drive demand
Rajasthan's luxury hotel boom: Global chains rush in as big-fat weddings drive demand

4th December 2025, 12:41 AM

FMCG raw material costs a mixed bag; cereals prices softens but coffee remains firm: Report
FMCG raw material costs a mixed bag; cereals prices softens but coffee remains firm: Report

3rd December 2025, 2:30 PM

Documents

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

26 Nov - The Company's representatives will be attending the Analysts Meet organised by Macquarie Capital Securities (India) Private Limited on 3rd December, 2025 at Kolkata.

Voluntary Delisting Of The Ordinary Shares Of The Company From The Calcutta Stock Exchange Limited

20 Nov - ITC voluntarily delisted from Calcutta Stock Exchange effective 20 Nov 2025; remains listed on NSE and BSE.

Announcement under Regulation 30 (LODR)-Newspaper Publication

17 Nov - Publication of Advertisement re: completion of despatch of Postal Ballot Notice.

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

17 Nov - Allotment of Shares under the Company''s Employee Stock Option Schemes

Announcement under Regulation 30 (LODR)-Newspaper Publication

11 Nov - Publication of Advertisement re: voluntary delisting of the Ordinary Shares of the Company from The Calcutta Stock Exchange Limited.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

27 Nov from icra

Rating update

9 Apr from crisil

Rating update

29 Nov 2024 from icra

Rating update

26 Sep 2024 from crisil

Rating update

30 Nov 2023 from icra

Rating update

25 Aug 2023 from crisil

Concalls

Oct 2025

PPT

Aug 2025

PPT

May 2025

PPT

Apr 2025

PPT

Mar 2025

PPT

Feb 2025

PPT

Dec 2024

PPT

Oct 2024

PPT

Aug 2024

PPT

May 2024

PPT

Jan 2024

PPT

Oct 2023

PPT

Aug 2023

PPT

Aug 2023

PPT

Jul 2023

PPT

May 2023

PPT

Feb 2023

PPT

Dec 2022

PPT

Oct 2022

PPT

Aug 2022

PPT

May 2022

PPT

Feb 2022

PPT

Dec 2021

PPT

Oct 2021

PPT

Aug 2021

PPT

Jul 2021

PPT

Jun 2021

PPT

Jun 2021

PPT

Feb 2021

PPT

Feb 2021

PPT

Dec 2020

PPT

Nov 2020

PPT

Sep 2020

PPT

Jun 2019

PPT