ITITelecommunication

ITI Limited

Telecom - Equipment & Accessories · ISIN INE248A01017 · BSE 523610 · NSE EQ · FV ₹10
Last price
₹255
-0.08%today
What this company does

ITI Limited operates in Telecom - Equipment & Accessories, part of the Telecommunication sector. It booked ₹425 cr of revenue in its latest quarter (Q1 FY27) and kept -7.6% of sales as profit. It is the 3rd largest of 8 Telecom - Equipment & Accessories companies we track, by market value.

The Company is primarily operating in India, which is considered as a single geographical segment.
In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Telecommunication, on all six measures of filed financials. Each measure is ranked against the 9–24 companies that reported it.

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

Price momentum
oversold
RSI (14)
23

At close. Not part of the score.

Profitability & returns13

How much profit it earns on the money it employs

Balance sheet41

How much it owes, and whether earnings cover the interest

Cash quality28

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation14

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

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 90%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -7.6% net margin
! Sales down 59% vs last year
! Low -6.8% return on equity

What if I invest in ITI?

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 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own revenue 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 We do not publish price targets or predict returns.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
₹255 -0.08%
latest close · 2026-09-17
1-year return
+125.2%
52-wk low ₹8152-wk high ₹296
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/B ratio12.90High
Below bookModerateHigh
EV / EBITDA631.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-6.8%Loss
WeakFairStrong ▸15%
Return on capital-0.5%Loss
WeakFairStrong
Net margin-7.6%Loss
ThinDecentStrong
EBITDA margin2.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.40Comfortable
LowModerateHigh ▸1
Interest cover-0.1×Risky
RiskyOkayStrong ▸5×
Current ratio0.90Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹24,582 cr
Book value
₹20
EPS
₹-0.33
latest quarter
Net debt
₹741 cr
owes more than its cash
Enterprise value
₹25,322 cr
EBITDA
₹40 cr
annualised
EBIT
₹-10 cr
annualised
Operating margin
-0.6%
Return on assets
-1.4%
Earnings yield
P/S
14.46
Sales / share
₹17.7
Tax rate
Face value
₹10
Shares
96.3 cr
Working capital
₹-710 cr
Current assets
₹6,552 cr
Current liabilities
₹7,262 cr
Delivery %
37.4%
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 FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹14₹21, midpoint ₹17

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₹425 cr
Other Income₹8 cr
Total Income₹433 cr
Cost of Materials₹36 cr
Purchases of Stock-in-Trade₹342 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹34 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹13 cr
Other Expenses₹20 cr
Total Expenses₹466 cr
Exceptional Items₹-14 L
Profit before Tax₹-32 cr
Tax Expense₹0 cr
Share of JV / Associates₹22 L
Net Profit₹-32 cr
Net margin on total income-7.4%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹369 cr79.3%
Employee benefit expense₹34 cr7.3%
Finance costs₹30 cr6.4%
Depreciation & amortisation₹13 cr2.7%
Other expenses₹20 cr4.3%
Total income ₹433 cr

The company made a net loss of ₹32 cr this quarter — income covered only 93 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue515 cr628 cr425 cr
Total income527 cr641 cr433 cr
Expenses548 cr664 cr466 cr
Profit before tax-26 cr436 cr-32 cr
Tax0 cr0 cr0 cr
Net profit (owners' share)-25 cr436 cr-32 cr
Net margin (owners' share, on revenue)-4.9%69.5%-7.6%
EPS (₹)-0.264.53-0.33
YoY (latest quarter): total income -58.9% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹9,347 cr
Shareholder equity
₹1,906 cr
parent shareholders
Total debt
₹765 cr
Cash
₹24 cr
Cash flow · H1 FY26
Operating
₹38 cr
Investing
₹203 cr
Financing
₹-244 cr
Peer comparison
Telecom - Equipment & Accessories · by market value
CompanyPriceMarket capP/E
Sterlite Technologies Limited₹827₹40,545 cr51.3
Tamilnadu Telecommunication Limited₹9₹40,232 cr2.9
ITI Limitedthis company₹255₹24,582 cr
Tejas Networks Limited₹524₹9,502 cr
Optiemus Infracom Limited₹610₹5,410 cr63.8
Birla Cable Limited₹402₹1,205 cr9.8
UMIYA BUILDCON LIMITED₹98₹183 cr188.4
Aksh Optifibre Limited₹8₹130 cr6.9
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
90.0%
FII / Foreign
0.1%
DII / Domestic
0.1%
Retail / others
9.8%
Promoter stake down 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPresident of India · Promoters27.36 L12 Mar 24
BoughtPresident of India · Promoters1.13 cr · ₹107.0 cr11 May 23
BoughtPresident of India · Promoters77.33 L · ₹80.0 cr28 Sep 22
Bulk / block deals
short · NSE917 Sep 26
short · NSE5023 Jun 26
short · NSE2009 Jun 26
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.

Yearly shareholder meeting · 11 Nov 2025
See the official result
1
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended 31st March 2025 together with the reports of the Board of Directors and Auditors thereon and comments of Comptroller and Auditor General of India.
Backed by 64% of shareholders other than promotersneeded 50%
4.72 L votes for, 2.62 L against · 56% of mutual funds and other big investors said no
2
To appoint a Director in the place of Smt. S Jeyanthi (DIN: 10059174), who retires by rotation and being eligible, be and is hereby re-appointed.
Backed by 66% of shareholders other than promotersneeded 50%
4.85 L votes for, 2.49 L against · 53% of mutual funds and other big investors said no
3
Authorisation to Board to fix remuneration of Statutory and Branch Auditors for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
7.33 L votes for, 758 against · 0% of mutual funds and other big investors said no
4
Appointment of Mr. Arun Agarwal, DDG (Sat.), DOT (DIN: 05270538) be and is hereby appointed as Government Director on the Board of the Company w.e.f. 22nd July 2025 for a period of three years or till the date of superannuation or till further orders, whichever is earliest and on the terms and conditions as stipulated by the Government of India.
Backed by 66% of shareholders other than promotersneeded 50%
4.85 L votes for, 2.49 L against · 53% 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.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 90.0% between them · as of 2026-06-30
PRESIDENT OF INDIA89.99%
GOVERNOR OF KARNATAKA0.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

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