ITC Ltd.
In the news
- ITC shares plunge as India proposes more taxes on cigarettes Feb 3, 2020
- Asian stocks fall more amid growing fears over China epidemic Feb 3, 2020
- India's ITC beats profit estimates on lower taxes and rising cigarette demand Oct 24, 2019
- Asian equities fall as fresh concerns surface over US-China trade talks Sep 23, 2019
- Asian equities slump as yuan's tumble below 7 to dollar spooks investors Aug 5, 2019 See more articles on ITC Ltd.
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.
Business Summary
Financial Highlights
Mar 2022 | INR | USD |
Revenue | 603,922.20M | 8,105.29M |
Gross Profit | 244,252.90M | 3,278.13M |
Operating income | 186,272.30M | 2,499.97M |
Income before tax | 207,229.90M | 2,781.25M |
Net income | 152,426.60M | 2,045.73M |
EBITDA | 203,472.80M | 2,730.82M |
Diluted EPS | 12.37 | 0.16 |
Dividends Per Share | 11.50 | 0.15 |
Total Assets | 772,595.50M | 10,195.91M |
Total liabilities | 144,376.80M | 1,905.33M |
Total equity | 624,553.40M | 8,242.20M |
Operating cash flow | 167,865.80M | 2,252.94M |
Currency in INR | Currency in USD |
Historical Data
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 433,547.10M | 482,404.50M | 492,733.10M | 492,208.40M | 603,922.20M |
Gross Profit | 201,446.20M | 223,732.90M | 230,420.10M | 205,309.80M | 244,252.90M |
Operating income | 151,863.60M | 170,285.50M | 175,739.50M | 153,863.70M | 186,272.30M |
Income before tax | 174,015.30M | 191,381.20M | 200,263.50M | 179,450.90M | 207,229.90M |
Net income | 112,712M | 125,923.30M | 153,062.30M | 131,611.90M | 152,426.60M |
EBITDA | 164,226.40M | 184,251.60M | 192,128M | 170,197.60M | 203,472.80M |
Diluted EPS | 9.20 | 10.23 | 12.45 | 10.69 | 12.37 |
Dividends Per Share | 5.15 | 5.75 | 10.15 | 10.75 | 11.50 |
Total Assets | 642,888.60M | 717,984.10M | 773,670.40M | 738,193M | 772,595.50M |
Total liabilities | 114,059.80M | 123,140.70M | 117,163.10M | 131,251.50M | 144,376.80M |
Total equity | 525,098.80M | 591,406.40M | 652,730.30M | 603,471.10M | 624,553.40M |
Operating cash flow | 138,694.70M | 136,826.50M | 161,758.20M | 137,680.30M | 167,865.80M |
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 6,725.20M | 6,897.13M | 6,949.10M | 6,630.40M | 8,105.29M |
Gross Profit | 3,124.84M | 3,198.80M | 3,249.65M | 2,765.67M | 3,278.13M |
Operating income | 2,355.71M | 2,434.64M | 2,478.48M | 2,072.65M | 2,499.97M |
Income before tax | 2,699.33M | 2,736.25M | 2,824.35M | 2,417.33M | 2,781.25M |
Net income | 1,748.39M | 1,800.37M | 2,158.66M | 1,772.90M | 2,045.73M |
EBITDA | 2,547.48M | 2,634.32M | 2,709.61M | 2,292.68M | 2,730.82M |
Diluted EPS | 0.14 | 0.14 | 0.17 | 0.14 | 0.16 |
Dividends Per Share | 0.07 | 0.08 | 0.14 | 0.14 | 0.15 |
Total Assets | 9,856.97M | 10,364.25M | 10,226.80M | 10,096.50M | 10,195.91M |
Total liabilities | 1,748.80M | 1,777.56M | 1,548.72M | 1,795.16M | 1,905.33M |
Total equity | 8,050.98M | 8,537.08M | 8,628.14M | 8,253.86M | 8,242.20M |
Operating cash flow | 2,151.43M | 1,956.26M | 2,281.30M | 1,854.65M | 2,252.94M |
Valuation Measures
Mar 2022 | |
PER | 20.26 |
ROA | 20.17% |
ROE | 24.82% |
Operating margin | 30.84% |
Profit margin | 25.23% |
Key executives
- Chairman & Managing Director: Sanjiv Puri
- Chief Financial Officer: Supratim Dutta
- Chief Scientist, Head-Research & Development: Soumitra Mukherjee
- Compliance Officer & Head-Investor Service Centre: Tunal Kumar Ghosal
- Secretary & Executive Vice President: Rajendra Kumar Singhi
Shareholders
- British American Tobacco plc (29.3%)
- Life Insurance Corporation of India (Investment Portfolio) (16.2%)
- The Specified Undertaking of the Unit Trust of India (7.9%)
- SBI Funds Management Pvt Ltd. (3.0%)
- General Insurance Corp. of India (Invt Port) (1.7%)
- Capital Research & Management Co. (Global Investors) (1.6%)
- HDFC Asset Management Co. Ltd. (Invt Mgmt) (1.5%)
- The New India Assurance Co. Ltd. (Investment Portfolio) (1.4%)
- ICICI Prudential Asset Management Co. Ltd. (1.3%)
- The Oriental Insurance Co. Ltd. (1.1%)
Contact Details
- Website:http://www.itcportal.com
- Address: Virginia House, 37 Jawaharlal Nehru Road, Kolkata, 700071, India
- Phone: +91.33.22889371
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Competitors
- Agro Tech Foods Limited
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