ITC Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 29.3%)
- Efficient capital deployment (ROCE 38.9%)
- Attractively valued vs sector (P/E 16.4x vs industry 37.5x)
- Virtually debt-free
- Regular dividends — yield 5.6%
- Near 52-week low — potential value zone (₹253)
Concerns
Today's Price Action
The stock closed at ₹259.5, unchanged from the previous session, and the price action remained flat throughout the day despite minor intraday fluctuations. Trading volume was 1,51,59,483 shares, exactly matching the 20‑day average, indicating neutral participation and suggesting that neither buyers nor sellers dominated the market.
Valuation Snapshot
ITC trades at a forward P/E of 16.4, while the broader FMCG sector reports a near‑zero average P/E, highlighting a relative valuation gap that may reflect differing earnings expectations. The company’s ROE stands at 29.3%, suggesting high profitability on its equity base and indicating efficient capital utilization compared with peers.
Key Levels to Watch
The current price sits just above the lower 52‑week range of ₹253 and well below the upper band of ₹426, providing a clear support cushion that has held in previous pullbacks. Open‑interest data points to a concentration of contracts around the ₹260‑₹270 zone, which could act as a short‑term price anchor and may influence trader positioning if the price revisits that band.
Chart Pattern
In the daily chart, a bullish hammer formed two sessions ago, followed by a bullish engulfing pattern three sessions ago and a bullish harami eight sessions ago, all indicating short‑term reversal potential in the price action and reflecting a series of higher‑closing candles that suggest a gradual shift in momentum.
Data Summary
Key metrics include a P/E of 16.4, P/B of 0, and a market‑cap figure reported as ₹0 Cr, while the share’s turnover remains consistent with its 20‑day average and multiple bullish candlesticks are the most prominent recent technical signals.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹1,816 | ₹4.3L Cr | 38.7 | 8.77 | 31 | 28.4 | 0.04 |
| NESTLEIND Nestle India Limited | ₹1,168 | ₹2.3L Cr | 57 | 38.93 | 74.2 | 85.3 | 0.08 |
| VBL Varun Beverages Limited | ₹405 | ₹1.3L Cr | 39.5 | 6.99 | 16.2 | 19.7 | 0.13 |
| BRITANNIA Britannia Industries Limited | ₹4,567 | ₹1.1L Cr | 42 | 21.54 | 53.5 | 56 | 0.59 |
| MARICO Marico Limited | ₹770 | ₹100K Cr | 52.8 | 23.75 | 42.8 | 47 | 0.14 |
| TATACONSUM TATA CONSUMER PRODUCTS LIMITED | ₹1,000 | ₹95K Cr | 57.8 | 4.55 | 7.35 | 9.24 | 0.13 |
| UNITDSPR United Spirits Limited | ₹1,227 | ₹91K Cr | 49.1 | 9.98 | 21.4 | 26.4 | 0.05 |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to advise that a Meeting of the Board of Directors of the Company has been convened for Friday, 31st July, 2026, inter alia, to consider an
Dividend - Rs 8 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Interim Dividend - Rs 6.50 Per Share
Dividend - Rs 7.85 Per Share
Interim Dividend - Rs 6.50 Per Share
Demerger
Dividend - Rs 7.50 Per Share
Interim Dividend - Rs 6.25 Per Share
Latest News
All newsITC Hotels to acquire a new wholly owned subsidiary
*ITC Hotels to acquire a new wholly owned subsidiary.* The move is part of its strategic expansion plan. No financial details disclosed yet. Such corporate restructuring may enhance operational focus. 📊 *STOCKS:* ITC | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Acquisition
ITC Hotels reports Q2FY26 financial results
*ITC Hotels reports Q2FY26 financial results*. The company has submitted its financial results for the quarter ended September 30, 2026. Key metrics include revenue of **₹420 crore** and net profit of **₹98 crore**, showing a **12%** YoY growth. Results reflect strong occupancy and rate improvements across its hotel portfolio. 📊 *STOCKS:* $ITC | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Earnings
Happiest Minds to merge with ITC Infotech in all-stock deal
*Happiest Minds to merge with ITC Infotech in all-stock deal.* The merger aims to create a stronger IT services entity with combined revenue of **₹2,100 crore** and expanded global footprint. Shareholders of ITC Infotech will receive **1.25 shares** of Happiest Minds for every share held. The move is expected to unlock synergies and enhance competitive positioning in digital transformation space. 📊 *STOCKS:* HAPPSTMNDS, ITCINFOTECH | 🏢 *SECTOR:* IT | #HIGHIMPACT #Merger
Happiest Minds to merge with ITC Infotech in major IT consolidation
*Happiest Minds to merge with ITC Infotech in major IT consolidation*. The merger between Happiest Minds and ITC Infotech marks one of the largest in the Indian IT sector, combining two mid-sized players. The deal aims to create a stronger entity with enhanced capabilities and scale, boosting combined revenues to **₹4,200 crore**. Integration is expected to be complete within 12–18 months, subject to regulatory and shareholder approvals. 📊 *STOCKS:* $HAPPSTMNT | 🏢 *SECTOR:* IT | #HIGHIMPACT #Merger
ITC acquires Century Pulp & Paper for ₹2,000 crore
*ITC acquires Century Pulp & Paper for ₹2,000 crore.* The deal strengthens ITC's presence in the pulp and paper segment. The acquisition cost is **₹2,000 crore**, marking a strategic expansion in the FMCG giant's diversification. ITC aims to integrate operations for synergies. 📊 *STOCKS:* $ITC | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Acquisition
Hyderabadi arrested in ₹264 crore fake ITC scam
*Hyderabadi arrested in ₹264 crore fake ITC scam* — A man was arrested in Andhra Pradesh for allegedly creating fake ITC claims worth **₹264 crore**. The scam involved fraudulent GST invoices to claim illegitimate tax credits. Authorities are investigating the network behind the scheme. 📊 *STOCKS:* | 🏢 *SECTOR:* Legal | #HIGHIMPACT #Fraud
ITC Hotels reports unaudited financial results
*ITC Hotels reports unaudited financial results.* The company released its financial performance update, including key metrics for the latest quarter. Results are expected to reflect trends in occupancy and revenue per available room. **No major surprises** reported, with performance broadly in line with sector recovery trends. 📊 *STOCKS:* $ITC | 🏢 *SECTOR:* Hospitality | #MEDIUMIMPACT #Earnings
Arihant subsidiary signs luxury hotel pact in Mumbai
*Arihant subsidiary signs luxury hotel pact in Mumbai*. Arihant Superstructures' wholly-owned subsidiary Dwellcons Pvt. Ltd. has signed a landmark agreement for a luxury 'Mementos by ITC Hotels' at World Villas, Chowk Mumbai 3.0. The project marks a strategic foray into premium hospitality realty. This collaboration is expected to enhance brand visibility and revenue streams. 📊 *STOCKS:* $ARIHANTSUPL | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Realty
Nestle, ITC, Britannia, Marico Q2 results preview
*Nestle, ITC, Britannia, Marico Q2 results preview* covers key earning expectations ahead of their quarterly announcements. Analysts expect **revenue growth between 6-10%** and **margins under pressure due to input costs**. Target prices suggest **upside potential of 5-12%** post-results. Focus on volume trends and rural demand recovery. 📊 *STOCKS:* $NESTLEINDIA $ITC $BRITANNIA $MARICO | 🏢 *SECTOR:* FMCG | #MEDIUMIMPACT #Earnings
ITC shares drop 3% on block deal speculation
*ITC shares drop 3% on block deal speculation* led by investor concerns over a potential large stake sale. The FMCG major has declined **29%** in 2026, amid weak performance and market volatility. Though no official announcement was made, the rumor fueled selling pressure. 📊 *STOCKS:* $ITC | 🏢 *SECTOR:* FMCG | #MEDIUMIMPACT #ITC
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹20.0K Cr 2.8% | ₹19.5K Cr 9.3% | ₹21.5K Cr 14.5% | ₹18.8K Cr 0.1% | ₹18.8K Cr 6.0% | ₹20.0K Cr 12.4% | ₹17.8K Cr 4.3% | ₹17.0K Cr |
| Op. Profit | ₹6.9K Cr 2.8% | ₹6.7K Cr 1.8% | ₹6.8K Cr 4.6% | ₹6.5K Cr 2.5% | ₹6.4K Cr 2.9% | ₹6.6K Cr 0.1% | ₹6.5K Cr 3.9% | ₹6.3K Cr |
| OPM | 34.0% 0.0% | 34.0% 6.3% | 32.0% 8.6% | 35.0% 2.9% | 34.0% 3.0% | 33.0% 10.8% | 37.0% 0.0% | 37.0% |
| Net Profit | ₹5.0K Cr 3.3% | ₹5.2K Cr 2.9% | ₹5.3K Cr 73.0% | ₹19.8K Cr 295.1% | ₹5.0K Cr 0.8% | ₹5.1K Cr 2.4% | ₹5.2K Cr 0.3% | ₹5.2K Cr |
| EPS (₹) | 3.94 3.7% | 4.09 2.4% | 4.19 73.4% | 15.76 300.0% | 3.94 1.3% | 3.99 2.2% | 4.08 0.5% | 4.1 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹78.9K Cr 4.7% | ₹75.3K Cr 10.9% | ₹67.9K Cr 4.2% | ₹70.9K Cr 16.9% | ₹60.6K Cr 23.1% | ₹49.3K Cr 0.3% | ₹49.4K Cr 2.2% | ₹48.3K Cr 11.3% | ₹43.4K Cr 1.6% | ₹42.8K Cr |
| Expenses | ₹51.6K Cr 4.2% | ₹49.5K Cr 15.8% | ₹42.7K Cr 5.5% | ₹45.2K Cr 13.0% | ₹40.0K Cr 24.3% | ₹32.2K Cr 7.2% | ₹30.0K Cr 0.8% | ₹29.8K Cr 10.7% | ₹26.9K Cr 1.4% | ₹27.3K Cr |
| Op. Profit | ₹27.3K Cr 5.7% | ₹25.8K Cr 2.6% | ₹25.2K Cr 2.0% | ₹25.7K Cr 24.6% | ₹20.6K Cr 20.8% | ₹17.1K Cr 11.8% | ₹19.3K Cr 4.4% | ₹18.5K Cr 12.2% | ₹16.5K Cr 6.8% | ₹15.5K Cr |
| OPM | 35.0% 2.9% | 34.0% 8.1% | 37.0% 2.8% | 36.0% 5.9% | 34.0% 2.9% | 35.0% 10.3% | 39.0% 2.6% | 38.0% 0.0% | 38.0% 5.6% | 36.0% |
| Other Income | ₹2.5K Cr 85.8% | ₹17.8K Cr 434.6% | ₹3.3K Cr 58.7% | ₹2.1K Cr 9.8% | ₹1.9K Cr 25.9% | ₹2.6K Cr 6.6% | ₹2.4K Cr 16.2% | ₹2.1K Cr 7.1% | ₹2.2K Cr 27.3% | ₹1.8K Cr |
| Interest | ₹85 Cr 88.9% | ₹45 Cr 15.4% | ₹39 Cr 50.0% | ₹78 Cr 30.0% | ₹60 Cr 3.4% | ₹58 Cr 28.4% | ₹81 Cr 14.1% | ₹71 Cr 38.3% | ₹115 Cr 134.7% | ₹49 Cr |
| Depreciation | ₹1.7K Cr 3.9% | ₹1.6K Cr 8.4% | ₹1.5K Cr 16.1% | ₹1.8K Cr 4.4% | ₹1.7K Cr 5.2% | ₹1.6K Cr 0.1% | ₹1.6K Cr 17.8% | ₹1.4K Cr 13.0% | ₹1.2K Cr 7.2% | ₹1.2K Cr |
| PBT | ₹28.0K Cr 33.2% | ₹41.9K Cr 55.6% | ₹27.0K Cr 4.0% | ₹25.9K Cr 25.0% | ₹20.7K Cr 15.6% | ₹17.9K Cr 10.5% | ₹20.0K Cr 4.6% | ₹19.1K Cr 10.0% | ₹17.4K Cr 8.6% | ₹16.0K Cr |
| Tax % | 25.0% 56.3% | 16.0% 30.4% | 23.0% 8.0% | 25.0% 0.0% | 25.0% 0.0% | 25.0% 13.6% | 22.0% 33.3% | 33.0% 2.9% | 34.0% 2.9% | 35.0% |
| Net Profit | ₹21.0K Cr 40.0% | ₹35.1K Cr 68.9% | ₹20.8K Cr 6.5% | ₹19.5K Cr 25.6% | ₹15.5K Cr 15.8% | ₹13.4K Cr 14.2% | ₹15.6K Cr 21.5% | ₹12.8K Cr 11.7% | ₹11.5K Cr 9.7% | ₹10.5K Cr |
| EPS (₹) | 16.51 40.5% | 27.77 69.4% | 16.39 6.2% | 15.44 24.8% | 12.37 15.7% | 10.69 14.1% | 12.45 21.2% | 10.27 11.1% | 9.24 9.1% | 8.47 |
| Div Payout | 88.0% 69.2% | 52.0% 38.1% | 84.0% 16.0% | 100.0% 7.5% | 93.0% 7.9% | 101.0% 23.2% | 82.0% 46.4% | 56.0% 0.0% | 56.0% 0.0% | 56.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹1.3K Cr 0.2% | ₹1.3K Cr 0.2% | ₹1.2K Cr 0.4% | ₹1.2K Cr 0.9% | ₹1.2K Cr 0.1% | ₹1.2K Cr 0.2% | ₹1.2K Cr 0.2% | ₹1.2K Cr 0.5% | ₹1.2K Cr 0.4% | ₹1.2K Cr |
| Reserves | ₹69.8K Cr 1.5% | ₹68.8K Cr 6.1% | ₹73.3K Cr 7.9% | ₹67.9K Cr 10.9% | ₹61.2K Cr 3.6% | ₹59.1K Cr 7.7% | ₹64.0K Cr 10.6% | ₹57.9K Cr 12.9% | ₹51.3K Cr 13.5% | ₹45.2K Cr |
| Borrowings | ₹363 Cr 27.4% | ₹285 Cr 5.9% | ₹303 Cr 1.0% | ₹306 Cr 22.9% | ₹249 Cr 8.1% | ₹271 Cr 2.2% | ₹277 Cr 2030.8% | ₹13 Cr 63.9% | ₹36 Cr 21.7% | ₹46 Cr |
| Other Liabilities | ₹19.4K Cr 9.5% | ₹17.7K Cr 4.4% | ₹16.9K Cr 3.5% | ₹16.4K Cr 13.0% | ₹14.5K Cr 10.3% | ₹13.1K Cr 11.8% | ₹11.8K Cr 6.6% | ₹12.6K Cr 7.6% | ₹11.7K Cr 23.9% | ₹9.4K Cr |
| Total Liabilities | ₹90.8K Cr 3.2% | ₹88.0K Cr 4.1% | ₹91.8K Cr 6.9% | ₹85.8K Cr 11.2% | ₹77.2K Cr 4.7% | ₹73.8K Cr 4.6% | ₹77.3K Cr 7.8% | ₹71.7K Cr 11.7% | ₹64.2K Cr 14.9% | ₹55.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹22.4K Cr 2.0% | ₹22.0K Cr 21.1% | ₹27.8K Cr 7.6% | ₹25.9K Cr 6.7% | ₹24.2K Cr 4.0% | ₹23.3K Cr 7.3% | ₹21.7K Cr 12.1% | ₹19.4K Cr 17.2% | ₹16.5K Cr 4.0% | ₹15.9K Cr |
| CWIP | ₹1.3K Cr 19.6% | ₹1.1K Cr 61.9% | ₹2.9K Cr 4.7% | ₹3.0K Cr 6.9% | ₹3.2K Cr 19.6% | ₹4.0K Cr 23.2% | ₹3.3K Cr 21.3% | ₹4.1K Cr 24.9% | ₹5.5K Cr 47.7% | ₹3.7K Cr |
| Investments | ₹32.5K Cr 6.3% | ₹34.7K Cr 11.6% | ₹31.1K Cr 5.8% | ₹29.4K Cr 18.4% | ₹24.8K Cr 0.1% | ₹24.9K Cr 13.2% | ₹28.7K Cr 14.5% | ₹25.0K Cr 13.6% | ₹22.1K Cr 25.4% | ₹17.6K Cr |
| Other Assets | ₹34.5K Cr 14.3% | ₹30.2K Cr 0.9% | ₹30.0K Cr 8.7% | ₹27.6K Cr 10.7% | ₹24.9K Cr 15.4% | ₹21.6K Cr 8.9% | ₹23.7K Cr 2.1% | ₹23.2K Cr 15.0% | ₹20.2K Cr 7.8% | ₹18.7K Cr |
| Total Assets | ₹90.8K Cr 3.2% | ₹88.0K Cr 4.1% | ₹91.8K Cr 6.9% | ₹85.8K Cr 11.2% | ₹77.2K Cr 4.7% | ₹73.8K Cr 4.6% | ₹77.3K Cr 7.8% | ₹71.7K Cr 11.7% | ₹64.2K Cr 14.9% | ₹55.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹17.6K Cr 2.6% | ₹17.2K Cr 9.0% | ₹18.9K Cr 19.7% | ₹15.8K Cr 25.9% | ₹12.5K Cr 14.7% | ₹14.7K Cr 16.7% | ₹12.6K Cr 4.4% | ₹13.2K Cr 23.9% | ₹10.6K Cr 8.4% | ₹9.8K Cr |
| Investing CF | ₹-564 Cr 136.1% | ₹1.6K Cr 127.3% | ₹-5.7K Cr 156.1% | ₹-2.2K Cr 139.0% | ₹5.7K Cr 193.0% | ₹-6.2K Cr 11.3% | ₹-5.5K Cr 22.0% | ₹-7.1K Cr 118.8% | ₹-3.3K Cr 17.1% | ₹-3.9K Cr |
| Financing CF | ₹-17.0K Cr 8.2% | ₹-18.6K Cr 42.6% | ₹-13.0K Cr 4.2% | ₹-13.6K Cr 27.1% | ₹-18.6K Cr 127.8% | ₹-8.2K Cr 19.1% | ₹-6.9K Cr 10.4% | ₹-6.2K Cr 14.8% | ₹-7.3K Cr 30.1% | ₹-5.6K Cr |
| Net Cash Flow | ₹26 Cr 86.4% | ₹191 Cr 37.4% | ₹139 Cr 423.3% | ₹-43 Cr 88.3% | ₹-367 Cr 209.9% | ₹334 Cr 97.6% | ₹169 Cr 201.8% | ₹-166 Cr 321.3% | ₹75 Cr 71.8% | ₹266 Cr |
| Free Cash Flow | ₹15.5K Cr 13.1% | ₹13.7K Cr 15.2% | ₹16.2K Cr 17.6% | ₹13.8K Cr 28.7% | ₹10.7K Cr 12.9% | ₹12.3K Cr 30.0% | ₹9.4K Cr 9.0% | ₹10.4K Cr 37.3% | ₹7.6K Cr 1.3% | ₹7.5K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23d 4.5% | 22d 46.7% | 15d 0.0% | 15d 21.1% | 19d 0.0% | 19d 36.7% | 30d 30.4% | 23d 9.5% | 21d 16.7% | 18d |
| Inventory Days | 178d 6.8% | 191d 29.1% | 148d 1.3% | 150d 20.6% | 189d 1.1% | 187d 13.3% | 165d 4.6% | 173d 6.5% | 185d 24.2% | 244d |
| Days Payable | 55d 15.4% | 65d 10.2% | 59d 3.3% | 61d 21.8% | 78d 2.6% | 76d 2.7% | 74d 7.5% | 80d 33.3% | 60d 4.8% | 63d |
| Cash Conv. Cycle | 146d 1.4% | 148d 41.0% | 105d 1.0% | 104d 19.4% | 129d 0.0% | 129d 5.7% | 122d 6.1% | 115d 20.7% | 145d 27.1% | 199d |
| Working Capital Days | 45d 15.4% | 39d 95.0% | 20d 35.5% | 31d 13.9% | 36d 2.9% | 35d 9.4% | 32d 3.2% | 31d 31.1% | 45d 11.8% | 51d |
| ROCE | 37.0% 2.8% | 36.0% 7.7% | 39.0% 18.2% | 33.0% 17.9% | 28.0% 12.5% | 32.0% 5.9% | 34.0% 0.0% | 34.0% 5.6% | 36.0% 10.0% | 40.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About ITC Limited
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]
Fast Moving Consumer GoodsDiversified FMCG