Whalesbook
Dividend ka wait khatam!
ITC ne finally FY26 ke liye ₹8 per share ka final dividend confirm kar diya hai. Yeh unke Q4 results ke saath hi announce hua hai, aur market ki expectations se match kar raha hai. Jo shareholders record date, yani 27 May tak register honge, unko yeh paisa 24 July se 29 July ke beech mein mil jayega.
Company ki financial performance kaisi rahi?
FY26 ke fourth quarter mein, ITC ka net profit last year ke ₹4,875 crore se 4.9% badh kar ₹5,113 crore ho gaya. Revenue bhi 7% jump karke ₹16,050 crore par pahunch gaya, jo pehle ₹17,249 crore tha. Company ka EBITDA bhi 7.3% badh kar ₹6,425 crore raha. Aur mazedaar baat yeh hai ki EBITDA margin bhi sudhar kar 40.03% ho gaya, jo pichhle saal ke quarter mein 34.7% tha. Haan, yeh bhi khabar hai ki hotel business demerger se ek baar ke fayde ki wajah se net profit mein 72% ki girawat dikhi, lekin operations se revenue 17% badh kar ₹23,821.48 crore ho gaya tha.
Competition mein ITC kahan khada hai?
ITC alag alag sectors mein compete karta hai. FMCG mein, HUL, Nestle, aur Britannia Industries jaise bade players hain. Cigarette business mein toh ITC ka 75% market share hai, jahan Godfrey Phillips India aur VST Industries chhote competitors hain. Hotels ke liye, Taj Group, Oberoi Group, Marriott, aur Hyatt jaise bade naam hain. Analysts ko FMCG mein achhi growth ki ummeed hai, lekin cigarette business par tax hikes ka pressure pad sakta hai.
Aage kya ho sakta hai?
Competition aur tax ke pressure ke bawajood, ITC ki strategy kaafi solid hai. Ab unka 65% revenue non-cigarette businesses se aata hai, jo company ko stable banata hai. Brokerages predict kar rahe hain ki ITC price increase karega taaki tax ka bojh manage ho sake aur market share bhi bana rahe. Non-cigarette FMCG business se achhi growth aur margin improvement ki ummeed hai. Agribusiness mein revenue thoda kam ho sakta hai, lekin margin recovery se profit mein sudhar ho sakta hai. Overall, company challenges ko smartly handle karne ki koshish mein hai.