ITCFast Moving Consumer Goods

ITC Limited

Diversified FMCG · ISIN INE154A01025 · BSE 500875 · NSE EQ · FV ₹1
Last price
₹266
+0.78%today
What this company does

ITC Limited operates in Diversified FMCG, part of the Fast Moving Consumer Goods sector. It booked ₹29,523 cr of revenue in its latest quarter (Q1 FY27) and kept 14.9% 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 36–149 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)
49

At close. Not part of the score.

Profitability & returns84

How much profit it earns on the money it employs

Balance sheet87

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

Valuation69

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 28% vs last year
No promoter shares pledged
Strong 24% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! Profit down 16% 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 We do not publish price targets or predict returns.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
₹266 +0.78%
latest close · 2026-09-17
1-year return
+30.1%
52-wk low ₹20452-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 ratio19.0Average
LowAverageHigh
P/B ratio4.60High
Below bookModerateHigh
EV / EBITDA13.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity24.2%Strong
WeakFairStrong ▸15%
Return on capital30.2%Strong
WeakFairStrong
Net margin14.9%Decent
ThinDecentStrong
EBITDA margin21.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover146.2×Strong
RiskyOkayStrong ▸5×
Current ratio3.04Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3.34 L cr
Book value
₹58
EPS
₹3.51
latest quarter
Net debt
₹1,543 cr
owes more than its cash
Enterprise value
₹3.35 L cr
EBITDA
₹24,970 cr
annualised
EBIT
₹23,259 cr
annualised
Operating margin
19.7%
Return on assets
18.7%
Earnings yield
5.27%
P/S
2.82
Sales / share
₹94.3
Tax rate
23.4%
Face value
₹1
Shares
1,253.0 cr
Working capital
₹34,021 cr
Current assets
₹50,708 cr
Current liabilities
₹16,687 cr
Delivery %
56.8%
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 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹209 vs market price ₹266 — price is 27% above it
Safety cushion-27.3%(target ≥ +20%)
Models span ₹160₹258, midpoint ₹209
Model ₹209
Price ₹266
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 · Q1 FY27 (consolidated)
Revenue from Operations₹29,523 cr
Other Income₹656 cr
Total Income₹30,179 cr
Cost of Materials₹6,982 cr
Purchases of Stock-in-Trade₹2,866 cr
Inventory Change (±)₹-957 cr
Employee Benefit Expense₹1,877 cr
Finance Costs₹40 cr
Depreciation & Amortisation₹428 cr
Other Expenses₹13,575 cr
Total Expenses₹24,810 cr
Exceptional Items₹406 cr
Profit before Tax₹5,775 cr
Tax Expense₹1,352 cr
Share of JV / Associates₹86 cr
Net Profit₹4,509 cr
Net margin on total income14.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹8,891 cr29.0%
Employee benefit expense₹1,877 cr6.1%
Finance costs₹40 cr0.1%
Depreciation & amortisation₹428 cr1.4%
Other expenses₹13,575 cr44.3%
Tax expense₹1,352 cr4.4%
Profit for the period₹4,509 cr14.7%
Total income ₹30,179 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue21,707 cr23,821 cr29,523 cr
Total income22,281 cr24,407 cr30,179 cr
Expenses15,274 cr17,348 cr24,810 cr
Profit before tax6,652 cr7,033 cr5,775 cr
Tax1,736 cr1,703 cr1,352 cr
Net profit (owners' share)4,931 cr5,388 cr4,394 cr
Net margin (owners' share, on revenue)22.7%22.6%14.9%
EPS (₹)3.944.303.51
YoY (latest quarter): total income +26.7% · net profit -16.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹93,792 cr
Shareholder equity
₹72,507 cr
parent shareholders
Total debt
₹2,186 cr
Cash
₹643 cr
Cash flow · H1 FY26
Operating
₹6,163 cr
Investing
₹3,279 cr
Financing
₹-9,546 cr
Peer comparison
Diversified FMCG · by market value
CompanyPriceMarket capP/E
Hindustan Unilever Limited₹1,942₹4.56 L cr42.7
ITC Limitedthis company₹266₹3.34 L cr19.0
Hindustan Foods Limited₹620₹7,519 cr43.9
Godavari Biorefineries Limited₹243₹1,245 cr
Davangere Sugar Company Limited₹2₹295 cr51.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
5.45%
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 · 2026-06-30
No pledge
Promoter
FII / Foreign
34.2%
DII / Domestic
49.1%
Retail / others
16.6%
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 · NSE19 Sep 26
short · NSE254 Sep 26
short · NSE523 Sep 26
Stake changes
BoughtGQG Partners LLC→ 5.47% · 6.34 cr29 May 25
SoldTobacco Manufacturers (India) Limited→ 17.81% · 31.30 cr28 May 25
SoldTobacco Manufacturers ( India) ltd→ 20.37% · 43.69 cr13 Mar 24
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.