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 16.8x vs industry 39x)
- Virtually debt-free
- Regular dividends — yield 5.5%
- Near 52-week low — potential value zone (₹256)
Concerns
Today's Price Action
The stock trades at ₹264.1 with virtually no change from the prior close. Volume today matches the 20‑day average at 95,13,896 shares, indicating that the current session is typical in terms of participation and does not signal any unusual buying or selling pressure.
Valuation Snapshot
ITC posts a trailing P/E of 16.9, which, in the absence of a sector‑wide P/E benchmark, places the company in a moderate‑valuation bracket relative to its own historical range. The return on equity stands at a robust 29.3%, underscoring strong profitability on the equity base.
Key Levels to Watch
The current price sits just below the 52‑week low of ₹265, suggesting limited downside cushion before breaching that threshold. Open‑interest data on nearby strike options show notable clusters around ₹250 and ₹280, which often act as support and resistance pivots for short‑term traders.
Chart Pattern
In the daily chart, a Bearish Engulfing candle formed two sessions ago, complemented by an Evening Star pattern on the same day; a bearish Marubozu appeared five sessions back. These formations on the daily timeframe illustrate a succession of negative price momentum and a potential transition to a lower‑range structure.
Data Summary
Key metrics include a market‑cap figure reported as ₹0 Cr (indicative of a data omission) and a price range of ₹265‑₹427 over the past year. The stock’s P/B ratio of 0 and a flat price movement today round out the quantitative snapshot.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹1,973 | ₹4.6L Cr | 42 | 9.53 | 31 | 28.4 | 0.04 |
| NESTLEIND Nestle India Limited | ₹1,411 | ₹2.7L Cr | 73.4 | 52.83 | 74.2 | 85.3 | 0.09 |
| VBL Varun Beverages Limited | ₹408 | ₹1.4L Cr | 40.7 | 7.04 | 16.2 | 19.7 | 0.13 |
| BRITANNIA Britannia Industries Limited | ₹5,102 | ₹1.2L Cr | 47.2 | 24.06 | 53.5 | 56 | 0.59 |
| UNITDSPR United Spirits Limited | ₹1,472 | ₹1.1L Cr | 57.8 | 11.97 | 21.4 | 26.4 | 0.05 |
| MARICO Marico Limited | ₹815 | ₹1.1L Cr | 56.1 | 25.16 | 42.8 | 47 | 0.14 |
| TATACONSUM TATA CONSUMER PRODUCTS LIMITED | ₹1,010 | ₹100K Cr | 60.6 | 4.59 | 7.35 | 9.24 | 0.13 |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
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
Dividend - Rs 6.75 Per Share /Special Dividend - Rs 2.75 Per Share
Latest News
All newsHappiest 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 Infotech-Happiest Minds merger signals sector consolidation
*ITC Infotech-Happiest Minds merger signals sector consolidation.* This move highlights increasing pressure on mid-tier IT firms to scale up amid rising competition. The combined entity aims to achieve **revenue of over ₹4,000 crore** and enhance global delivery capabilities. Integration expected to complete by Q3 FY25. 📊 *STOCKS:* HAPSMIND, ITC | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT
ITC Infotech advised on Happiest Minds acquisition
*ITC Infotech advised on Happiest Minds acquisition.* Deal advisory by CAM on the proposed merger of Happiest Minds into ITC Infotech has been announced. The transaction could reshape the IT space if approved. Integration may unlock **₹2,000Cr** in synergies over two years. 📊 *STOCKS:* HAPPYOLD | ITC | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #M&A
ITC gets NCLT nod to merge tech units with Itc Infotech
*ITC gets NCLT nod to merge tech units with Itc Infotech* – ITC has received approval from the NCLT for the amalgamation of Blazeclan Technologies and Cloudlytics Technologies into Itc Infotech India. The move aims to streamline operations and strengthen ITC’s IT services vertical. No financial details of the merger were disclosed. 📊 *STOCKS:* ITC | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #merger
ITC Hotels allots 29,460 equity shares under employee stock plan
*ITC Hotels allots 29,460 equity shares under employee stock plan.* The allotment was made under its ESOP/ESOS/ESPS scheme, aimed at retaining and incentivizing employees. Such stock grants are routine and have minimal financial impact. The shares were issued at a nominal value as part of long-term compensation. 📊 *STOCKS:* $ITC | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESOP
ITC Hotels dispatches notice for 3rd AGM
Itc Hotels has dispatched the notice for its 3rd Annual General Meeting. The filing confirms compliance with regulatory requirements for shareholder communication. No business updates or financial disclosures were included. This is a routine procedural announcement. 📊 *STOCKS:* ITC | 🏢 *SECTOR:* Realty | #LOWIMPACT #AGM
Lamosaic India faces DGGI notice for ₹32.12 Cr ITC
*Lamosaic India faces DGGI notice for ₹32.12 Cr ITC*\nLamosaic India has received a notice from the Directorate General of Goods and Services Tax Intelligence (DGGI) over alleged irregularities in input tax credit (ITC) worth **₹32.12 crore**. The company may face scrutiny or financial liability depending on the outcome of the investigation. This development could impact investor sentiment and stock volatility near-term.\n\n📊 *STOCKS:* LAMOSAIC | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #DGGI
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