Asia300

ITC Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 26, 2017
Prev close: 308.65
May 26, 2017
Market cap:
Market cap(USD):
3,749.29B
58,191.7M
Shares: 12,147.4M

Currency in INR

Company profile

Market(Ticker): BOM(500875)
Sector:
Industry:
Consumer Non-Durables
Tobacco
Full time employees: 25,564

Business summary

ITC Ltd. is a holding company, which engages in the manufacture and trade of consumer products. It operates through the following segments: Fast Moving Consumer Goods ("FMCG") Cigarettes; FMCG Others; Hotels; Agri Business; and Paperboards, Paper and Packaging. The FMCG Cigarettes segment markets and sells tobacco and cigars. The FMCG Others segment distributes packaged foods, clothes, school and office supplies, safety matched, agarbattis, and personal care products. The Hotels segment manages and operates hotel and restaurant chains. The Agri Business segment exports feed ingredients, food grains, processed fruits, coffee, and seafood. The Paperboards, Paper and Packaging segment produces and supplies specialty boards, graphic boards, and printing papers. The company was founded on August 24, 1910 and is headquartered in Kolkata, India.

Company background

ITC makes cigarettes and other fast-moving consumer goods. It is also a hotel operator and is involved in other businesses. It is a principal associate of London-based British American Tobacco, which holds a 30% or so stake through three entities. Insurance companies, mutual funds and banks own another 35% of ITC, while the Indian government holds about 11%.

Y C Deveshwar, a Harvard Business School alum, joined the company in 1968 and has been the CEO and chairman since January 1996. He also sits on the Reserve Bank of India's Central Board and serves on national executive committees of some of the country's premier trade and industry bodies. In 2011, he was conferred the Padma Bhushan, one of India's highest civilian awards.

Founded in 1910 in Kolkata, ITC focused on the cigarette and leaf tobacco businesses for its first 60 years. It was originally known as the Imperial Tobacco Co. of India.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 390,668.5M
Gross profit 191,846.6M
Operating income 135,996.9M
Income before tax 154,331.8M
Net income 99,116.1M
EBITDA 147,131.2M
Diluted EPS 8.18
Dividends per share 4.33
Total assets 517,908.1M
Total liabilities 175,640.7M
Total equity 339,641.8M
Operating cash flow 106,495.4M

Currency in INR

Revenue 5,967.06M
Gross profit 2,930.26M
Operating income 2,077.21M
Income before tax 2,357.26M
Net income 1,513.89M
EBITDA 2,247.27M
Diluted EPS 0.12
Dividends per share 0.06
Total assets 7,820.72M
Total liabilities 2,652.28M
Total equity 5,128.79M
Operating cash flow 1,626.60M

Currency in USD

Valuation measures

Mar 2016

PER 26.56
ROA 20.17%
ROE 30.17%
Operating margin 34.81%
Profit margin 25.37%

Key executive

  • CEO, Chief Operating Officer & Executive Director: Sanjiv Puri
  • Chief Financial Officer & Executive Director: Rajiv Tandon
  • Chief Scientist-Research & Technology Innovation: L. C. Chandrasekharan
  • Compliance Officer & Deputy Secretary: Arun Bose
  • Executive VP, Head-Supply Chain & Logistics: Shailendra Tyagi

Share holders

  • British American Tobacco Plc(29.7%)
  • Life Insurance Corp. of India(16.2%)
  • The Specified Undertaking of the Unit Trust of India(11.0%)
  • General Insurance Corp. of India (Invt Port)(1.7%)
  • The New India Assurance Co. Ltd. (Investment Portfolio)(1.7%)
  • The Oriental Insurance Co. Ltd.(1.4%)
  • GIC Pte Ltd. (Investment Management)(1.3%)
  • National Insurance Co. Ltd.(1.2%)
  • Vontobel Asset Management, Inc.(1.1%)
  • Aberdeen Asset Managers Ltd.(1.0%)

Address

  • Website: http://www.itcportal.com
  • Address: Virginia House, 37 Jawaharlal Nehru Road, Kolkata, 700071, India
  • Phone: +91.33.22889371

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