ITCFast Moving Consumer Goods

ITC Limited

Diversified FMCG · ISIN INE154A01025 · BSE 500875 · NSE EQ · FV ₹1
Last price
₹274
+2.82%today
What this company does

ITC Limited operates in Diversified FMCG, part of the Fast Moving Consumer Goods sector. It booked ₹30,578 cr of revenue in its latest quarter (Q2 FY27) and kept 13.6% of sales as profit. It is the 2nd largest of 5 Diversified FMCG companies we track, by market value.

77out of 100
Equitytale Health Score
Solid

Healthier than 77% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 39–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
62

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet91

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency55

Whether sales and profit have grown, and how steadily

Valuation58

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 44% vs last year
✓ No promoter shares pledged
✓ Strong 23% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Profit down 19% vs last year

What if I invest in ITC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 3% a year, it would become
₹13.98 lakh

The slider starts at 3%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹274▲ +2.82%
latest close · 2026-11-03
1-year return
+15.1%
52-wk low ₹20752-wk high ₹293
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio20.6Average
LowAverageHigh
P/B ratio4.81High
Below bookModerateHigh
EV / EBITDA14.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.4%Strong
WeakFairStrong ▸15%
Return on capital29.6%Strong
WeakFairStrong
Net margin13.6%Decent
ThinDecentStrong
EBITDA margin20.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover147.3×Strong
RiskyOkayStrong ▸5×
Current ratio2.66Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3.43 L cr
Book value
₹57
EPS
₹3.32
latest quarter
Net debt
₹-592 cr
more cash than debt
Enterprise value
₹3.43 L cr
EBITDA
₹24,506 cr
annualised
EBIT
₹22,544 cr
annualised
Operating margin
18.4%
Return on assets
17.3%
Earnings yield
4.85%
P/S
2.81
Sales / share
₹97.6
Tax rate
26.2%
Face value
₹1
Shares
1,253.1 cr
Working capital
₹33,357 cr
Current assets
₹53,425 cr
Current liabilities
₹20,068 cr
Delivery %
55.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹208 vs market price ₹274 — price is 32% above it
Safety cushion-31.6%(target ≥ +20%)
Models span ₹162–₹254, midpoint ₹208
Model ₹208
Price ₹274
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹30,578 cr
Other Income₹507 cr
Total Income₹31,086 cr
Cost of Materials₹7,729 cr
Purchases of Stock-in-Trade₹1,667 cr
Inventory Change (±)₹-181 cr
Employee Benefit Expense₹1,887 cr
Finance Costs₹38 cr
Depreciation & Amortisation₹491 cr
Other Expenses₹13,832 cr
Total Expenses₹25,462 cr
Exceptional Items₹-26 cr
Profit before Tax₹5,598 cr
Tax Expense₹1,465 cr
Share of JV / Associates₹97 cr
Net Profit₹4,229 cr
Net margin on total income13.6%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹9,215 cr29.6%
Employee benefit expense₹1,887 cr6.1%
Finance costs₹38 cr0.1%
Depreciation & amortisation₹491 cr1.6%
Other expenses₹13,832 cr44.4%
Tax expense₹1,465 cr4.7%
Profit for the period₹4,229 cr13.6%
Total income ₹31,086 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue23,821 cr29,523 cr30,578 cr
Total income24,407 cr30,179 cr31,086 cr
Expenses17,348 cr24,810 cr25,462 cr
Profit before tax7,033 cr5,775 cr5,598 cr
Tax1,703 cr1,352 cr1,465 cr
Net profit (owners' share)5,388 cr4,394 cr4,168 cr
Net margin (owners' share, on revenue)22.6%14.9%13.6%
EPS (₹)4.303.513.32
YoY (latest quarter): total income +42.3% · net profit -18.7%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹96,356 cr
Shareholder equity
₹71,402 cr
parent shareholders
Total debt
₹243 cr
Cash
₹835 cr
Cash flow · H1 FY27
Operating
₹8,363 cr
Investing
₹3,892 cr
Financing
₹-12,037 cr
Peer comparison
Diversified FMCG · by market value
CompanyPriceMarket capP/E
Hindustan Unilever Limited₹1,963₹4.61 L cr41.3
ITC Limitedthis company₹274₹3.43 L cr20.6
Hindustan Foods Limited₹569₹6,894 cr40.3
Godavari Biorefineries Limited₹213₹1,091 cr—
Davangere Sugar Company Limited₹2₹279 cr48.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
5.29%
trailing 12 months
Dividend / share (TTM)
₹14.5
Last dividend
₹8
ex 27 May 2026
ActionDetailEx-date
Dividend₹8 / share27 May 2026
Dividend₹6.5 / share4 Feb 2026
Dividend₹7.85 / share28 May 2025
Dividend₹6.5 / share12 Feb 2025
Dividend₹7.5 / share4 Jun 2024
Dividend₹6.25 / share8 Feb 2024
Who owns it · 2026-09-30
No pledge
Promoter
—
FII / Foreign
33.2%
DII / Domestic
49.8%
Retail / others
17.0%
Smart-money activity
Insider trades
BoughtSANJEEV SEKSARIA · Immediate relative40,000 · ₹87.8 L14 Feb 22
BoughtSANJEEV SEKSARIA · Immediate relative40,000 · ₹92.9 L10 Feb 22
SoldLN BALAJI · Immediate relative21,500 · ₹50.5 L10 Dec 21
Bulk / block deals
short— · NSE3,00029 Oct 26
short— · NSE1,73328 Oct 26
short— · NSE10,35027 Oct 26
Stake changes
SoldGQG Partners LLC→ 3.17% · 3.97 cr5 Oct 26
BoughtGQG Partners LLC→ 5.47% · 6.34 cr29 May 25
SoldTobacco Manufacturers (India) Limited→ 17.81% · 31.30 cr28 May 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 18 Mar 2026
See the official result
1
Appointment of Mr. Navin Agarwal as a Non-Executive Director of the Company, liable to retire by rotation, for a period of three years with effect from 1st April, 2026.
Backed by 99% of shareholders other than promotersneeded 50%
1008.53 cr votes for, 8.36 cr against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.