ITC
Market cap ₹3.23 L Cr
- P/E
- 16.28
- Day range
- ₹254.80 – ₹260.30
- 52-week range
- ₹253.15 – ₹426.40
- Volume
- 1.76 Cr
- Open
- ₹258.90
- Prev close
- ₹258.90
Latest results · Q1 FY27(consolidated)Revenue ₹29,523 Cr+27.6%Profit ₹4,509 Cr-15.6%Margin 15.3%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
ITC in NSE indices and F&O
F&O margin for one lot of ITC (1,725 shares)Research profile
Composite 61 / 100Factor percentiles
Derived metrics
- Earn. yield
- 6.1%
- Graham no.
- ₹143.13
- vs Graham
- -44.5%
- ROE ÷ P/B
- 6.6%
- 12-1 mom.
- -33.0%
- Return / vol
- -1.60
- Magic Formula
- #18
- Piotroski
- 2/6
- FCF yield
- 5.0%
Appears in 15 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 44 in FMCG| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Hindustan UnileverHINDUNILVR | ₹4.26 L Cr | 40.69 | 8.83 | 30.7% | 28.0% | 23.0% | 0.03 | +10.1% |
| ITCITC | ₹3.23 L Cr | 16.28 | 4.46 | 29.5% | 39.0% | 27.0% | 0.03 | -11.1% |
| Nestle IndiaNESTLEIND | ₹2.27 L Cr | 55.56 | 39.17 | 76.3% | 85.0% | 24.0% | 0.08 | +20.3% |
| Varun BeveragesVBL | ₹1.34 L Cr | 39.51 | 6.82 | 16.9% | 20.0% | 28.0% | 0.13 | +20.4% |
| Britannia IndustriesBRITANNIA | ₹1.09 L Cr | 41.97 | 21.82 | 53.6% | 56.0% | 17.0% | 0.27 | +8.2% |
| MaricoMARICO | ₹99,371 Cr | 52.64 | 23.64 | 44.3% | 47.0% | 21.0% | 0.13 | +22.9% |
| Tata Consumer ProductsTATACONSUM | ₹95,397 Cr | 58.35 | 4.38 | 7.4% | 9.0% | 14.0% | 0.13 | +11.9% |
| United SpiritsUNITDSPR | ₹88,899 Cr | 52.72 | 10.18 | 21.6% | 26.0% | 16.0% | 0.05 | -10.4% |
| Sector median | ₹14,410 Cr | 32.38 | 5.71 | 18.0% | 19.0% | 16.5% | 0.13 | +12.1% |
Sector as classified in the tracked universe; medians use every tracked FMCG company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 5d agoHeadlines about ITC from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 16.4
- EPS (TTM)
- ₹15.84
- Price / Book
- 4.45
- ROE (FY26)
- 29.5%
- ROCE (latest year)
- 39%
- Dividend yield
- 5.62%
Moving averages (NSE)
- 20-day
- ₹262.78
- Price below
- 50-day
- ₹265.24
- Price below
- 200-day
- ₹294.39
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- DII
- FII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17,774 | 17,195 | 17,038 | 17,778 | 19,990 | 18,790 | 18,765 | 21,495 | 19,502 | 20,047 | 17,825 | 19,114 |
| Expenses | 11,320 | 10,985 | 10,736 | 11,233 | 13,438 | 12,428 | 12,246 | 14,678 | 12,807 | 13,165 | 10,900 | 13,934 |
| Operating Profit | 6,454 | 6,210 | 6,302 | 6,545 | 6,552 | 6,362 | 6,519 | 6,816 | 6,695 | 6,883 | 6,924 | 5,181 |
| OPM % | 36% | 36% | 37% | 37% | 33% | 34% | 35% | 32% | 34% | 34% | 39% | 27% |
| Other Income | 674 | 820 | 868 | 771 | 690 | 803 | 15,391 | 751 | 739 | 322 | 700 | 1,148 |
| Interest | 10 | 12 | 11 | 10 | 15 | 10 | 11 | 16 | 20 | 19 | 29 | 40 |
| Depreciation | 453 | 384 | 385 | 403 | 416 | 416 | 411 | 423 | 435 | 431 | 422 | 428 |
| Profit before tax | 6,665 | 6,635 | 6,774 | 6,903 | 6,811 | 6,740 | 21,489 | 7,128 | 6,979 | 6,754 | 7,173 | 5,861 |
| Tax % | 26% | 19% | 23% | 25% | 26% | 26% | 8% | 25% | 26% | 26% | 24% | 23% |
| Net Profit | 4,965 | 5,407 | 5,191 | 5,177 | 5,054 | 5,013 | 19,808 | 5,343 | 5,187 | 5,018 | 5,470 | 4,509 |
| EPS in Rs | ₹3.93 | ₹4.28 | ₹4.10 | ₹4.08 | ₹3.99 | ₹3.94 | ₹15.76 | ₹4.19 | ₹4.09 | ₹3.94 | ₹4.30 | ₹3.51 |
From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-1 days since Mar 2021
+20 days since Mar 2021
-15 days since Mar 2021
+35 days since Mar 2021
+11 days since Mar 2021
Strengths, risks & growth
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]
Strengths
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.62%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.2%
- Company has been maintaining a healthy dividend payout of 74.5%
Risks
- The company has delivered a poor sales growth of 9.87% over past five years.
Compounded Sales Growth
- 10 Years
- +7%
- 5 Years
- +10%
- 3 Years
- +4%
- TTM
- -3%
Compounded Profit Growth
- 10 Years
- +8%
- 5 Years
- +10%
- 3 Years
- +3%
- TTM
- -1%
Stock Price CAGR
- 10 Years
- +1%
- 5 Years
- +3%
- 3 Years
- -14%
- 1 Year
- -38%
Return on Equity
- 10 Years
- +28%
- 5 Years
- +32%
- 3 Years
- +35%
- Last Year
- +29%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| FII | 36.11% | 34.83% | 34.23% | 33.22% | -1.01 pp |
| DII | 48.90% | 49.15% | 49.13% | 49.81% | +0.68 pp |
| Government | 0.04% | 0.04% | 0.04% | 0.04% | 0.00 pp |
| Public | 14.95% | 15.96% | 16.61% | 16.93% | +0.32 pp |
Filed with NSE for Sept 2026: promoters 0.00%, public 100.00% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 17.02% (+0.52 pp)- Promoters0.0%
- Foreign institutions33.2%
- Mutual funds17.0%
- Insurance21.0%
- Other domestic institutions11.8%
- Retail12.7%
- Others4.3%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 2.41% | 5.49% | -0.58 pp |
| ICICI Pru Value Fund | 0.78% | 4.51% | -0.17 pp |
| ICICI Pru Multi Asset Allocation Fund | 0.43% | 1.62% | -0.22 pp |
| Nippon India Large Cap Fund | 0.40% | 2.56% | +0.14 pp |
| HDFC Balanced Advantage Fund | 0.34% | 1.10% | -0.02 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 21.9%
- Downside volatility
- 23.7%
- Worst 5% of days
- 2.2%
- Average of that tail
- 3.6%
- Max drawdown (1Y)
- 39.5%
- Below its peak
- 38.8%
Against the market
- Beta vs Nifty 50
- 0.72
- Correlation
- 0.44
- Relative strength (3M)
- -3.0%
- ATR (14)
- 2.2%
Return
- Return 1M
- -3.0%
- Return 3M
- -8.3%
- Return 6M
- -15.6%
- Return 1Y
- -35.0%
- vs 200-day average
- -12.4%
Momentum
- RSI (14)
- 44.0
- MACD histogram
- -0.17
- Stochastic %K
- 28.5
- ADX (14)
- 22.8
- +DI / −DI
- 13.0 / 22.9
- Money flow index
- 46.9
Participation
- Delivery (20d avg)
- 57.4%
- vs its 60-day baseline
- +0.1 pts
- Volume vs 20-day
- -0.2σ
- Close vs day's VWAP
- +0.3%
- 52-week position
- 2 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
2 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — failed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — passed
- Free cash flow
- ₹16,281 Cr
- FCF yield
- 5.0%
- Cash conversion
- 0.88
- Accruals ratio
- 0.027
- Net debt
- ₹1,756 Cr
- Net debt / equity
- 0.02
- EV / sales
- 3.37
- Capex intensity
- 2.4%
- Revenue CAGR
- 16.9%
- Profit CAGR
- -72.4%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹260.16
+0.9%
Upper edge (90th percentile)
₹277.36
+7.5%
The marker is the last close, ₹257.9. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹266.72 (+3.4%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹8.00
Dividend - Rs 8 Per Share
27 May 2026ex-date - dividend₹6.50
Interim Dividend - Rs 6.50 Per Share
4 Feb 2026ex-date - dividend₹7.85
Dividend - Rs 7.85 Per Share
28 May 2025ex-date - dividend₹6.50
Interim Dividend - Rs 6.50 Per Share
12 Feb 2025ex-date - otherNot available — not reported in this filing
Demerger
6 Jan 2025ex-date - dividend₹7.50
Dividend - Rs 7.50 Per Share
4 Jun 2024ex-date - dividend₹6.25
Interim Dividend - Rs 6.25 Per Share
8 Feb 2024ex-date - dividend₹6.75
Dividend - Rs 6.75 Per Share /Special Dividend - Rs 2.75 Per Share
30 May 2023ex-date - dividend₹6.00
Interim Dividend - Rs 6 Per Share
15 Feb 2023ex-date - dividend₹6.25
Dividend - Rs 6.25 Per Share
26 May 2022ex-date - dividend₹5.25
Interim Dividend - Rs 5.25 Per Share
14 Feb 2022ex-date - dividend₹5.75
Dividend - Rs 5.75 Per Share
10 Jun 2021ex-date - dividend₹5.00
Interim Dividend - Rs 5 Per Share
22 Feb 2021ex-date - dividend₹10.15
Dividend - Rs 10.15 Per Share
6 Jul 2020ex-date - dividend₹5.75
Dividend - Rs 5.75 Per Share
22 May 2019ex-date - dividend₹5.15
Dividend- Rs 5.15 Per Share
25 May 2018ex-date - dividend₹4.75
Dividend-Rs 4.75 Per Share
5 Jun 2017ex-date - bonusNot available — not reported in this filing
Bonus 1:2
1 Jul 2016ex-date - dividend₹8.50
Dividend-Rs.8.50 Per Share (Including Special Dividend Of Rs.2/- Per Share).
30 May 2016ex-date - dividend₹6.25
Dividend - Rs 6.25/- Per Share
3 Jun 2015ex-date
Company announcements
ITC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....
Allotment of Shares under the Company's Employee Stock Option Schemes
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GQG Partners LLC
Certificate for the quarter ended 30th September, 2026.
Acquisition of shares of Sproutlife Foods Private Limited
Publication of Advertisement re: Loss of Share Certificates
Allotment of Shares under the Company's Employee Stock Option Schemes
Participation in Investor Conferences
Amalgamation of Blazeclan Technologies Private Limited and Cloudlytics Technologies Private Limited with ITC Infotech India Limited
Strategic combination of ITC Infotech India Limited and Happiest Minds Technologies Limited
Allotment of Shares under the Company's Employee Stock Option Schemes
Participation in Investor Conference
Publication of Advertisement re: Loss of Share Certificates
We write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company's representatives will be attending the 21st ....
Filed with BSE (scrip 500875); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Order
Writ Petition No. 694 of 2025 - ITC Ltd. v. MSE & Others.
21 Aug 2026Read on SEBI - Adjudication order
Adjudication order in respect of Parthiv Dalal and Shruti Vora in the matter of circulation of UPSI through WhatsApp messages with respect to ITC Ltd.
31 Oct 2022Read on SEBI - Adjudication order
Adjudication order in respect of ITC Limited and Rajendra Kumar Singhi in the matter of ITC Limited
22 Apr 2021Read on SEBI - Adjudication order
Adjudication order in respect of Victor Peter Christopher in the matter of ITC Limited
22 Apr 2021Read on SEBI - Adjudication order
Adjudication Order in respect of B.V.S. Jogarao in the matter of ITC Ltd
28 Feb 2018Read on SEBI
Documents
Annual reports
Credit ratings
- Rating update · 24 Apr from crisil
- Rating update · 27 Nov 2025 from icra
- Rating update · 9 Apr 2025 from crisil
- Rating update · 29 Nov 2024 from icra
- Rating update · 26 Sep 2024 from crisil
- Rating update · 30 Nov 2023 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 31 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
ITC: common questions
Answered from the figures on this page.
