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Consumer Non-Durables

ITC Ltd.

  • 260.25 INR
  • -4.90
  • -1.85%
  • India
    Jun 22, 2018
  • Ticker
    BOM(500875)
  • Prev. close
    265.15
  • Market cap (INR)
    3,235.96B
  • Market cap (USD)
    47,698.25M
  • Shares
    12,204.29M

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

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; Paperboards, Paper & Packaging and Information Technology. 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 Information Technology segment provides its services to retail, manufacturing, media & technology, banking, financial services and insurance, airline, hospitality industries. The company was founded on August 24, 1910 and is headquartered in Kolkata, India.

Financial Highlights

Mar 2018 INRUSD
Revenue434,489.40M6,739.81M
Gross Profit225,962.80M3,505.14M
Operating income152,466.80M2,365.07M
Income before tax174,015.30M2,699.33M
Net income112,712M1,748.39M
EBITDA164,829.60M2,556.84M
Diluted EPS9.200.14
Dividends Per Share5.150.07
Total Assets642,888.60M9,856.97M
Total liabilities114,442.80M1,754.67M
Total equity525,101.10M8,051.01M
Operating cash flow----
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 349,847M 384,333.10M 549,858.80M 585,906.20M 434,489.40M
Gross Profit 163,704M 178,367.60M 348,085.60M 355,921.70M 225,962.80M
Operating income 118,873.20M 127,553.50M 135,078.80M 143,437.20M 152,466.80M
Income before tax 130,515.50M 143,620.50M 148,506.50M 160,203.50M 174,015.30M
Net income 88,913.80M 96,631.70M 93,444.50M 102,894.40M 112,712M
EBITDA 128,522.40M 137,833.10M 145,852.80M 154,965.10M 164,829.60M
Diluted EPS 7.39 8 7.70 8.45 9.20
Dividends Per Share 4 4.16 4.33 4.75 5.15
Total Assets 413,300M 464,628.70M 516,918.80M 559,432.70M 642,888.60M
Total liabilities 138,900.10M 145,022.70M 87,514.60M 92,209.50M 114,442.80M
Total equity 272,367.30M 317,352.60M 426,792.90M 464,127M 525,101.10M
Operating cash flow 71,733.20M 106,541.90M 105,767.40M 113,626.60M --
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 5,788.88M 6,285.76M 8,398.53M 8,737.42M 6,739.81M
Gross Profit 2,708.79M 2,917.19M 5,316.65M 5,307.74M 3,505.14M
Operating income 1,966.98M 2,086.13M 2,063.19M 2,139.03M 2,365.07M
Income before tax 2,159.62M 2,348.91M 2,268.28M 2,389.06M 2,699.33M
Net income 1,471.24M 1,580.40M 1,427.26M 1,534.43M 1,748.39M
EBITDA 2,126.64M 2,254.25M 2,227.75M 2,310.94M 2,556.84M
Diluted EPS 0.12 0.13 0.11 0.12 0.14
Dividends Per Share 0.06 0.06 0.06 0.07 0.07
Total Assets 6,920.34M 7,424.40M 7,805.78M 8,615.27M 9,856.97M
Total liabilities 2,325.75M 2,317.35M 1,321.52M 1,420.02M 1,754.67M
Total equity 4,560.54M 5,071.04M 6,444.83M 7,147.56M 8,051.01M
Operating cash flow 1,186.96M 1,742.49M 1,615.48M 1,694.47M --

Valuation Measures

Mar 2018
PER27.63
ROA18.74%
ROE22.78%
Operating margin35.09%
Profit margin25.94%

Key executives

  • Managing Director & Executive Director: Sanjiv Puri
  • Chief Financial Officer & Executive Director: Rajiv Tandon
  • Chief Scientist-Research & Technology Innovation: L. C. Chandrasekharan
  • Deputy Secretary & Compliance Officer: Arun Bose
  • Secretary, Executive VP & Compliance Officer: Rajendra Kumar Singhi

Shareholders

  • British American Tobacco plc (29.6%)
  • Life Insurance Corp. of India (16.1%)
  • The Specified Undertaking of the Unit Trust of India (8.4%)
  • General Insurance Corp. of India (Invt Port) (1.7%)
  • ICICI Prudential Asset Management Co. Ltd. (1.6%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (1.6%)
  • SBI Funds Management Pvt Ltd. (1.4%)
  • GIC Pte Ltd. (Investment Management) (1.3%)
  • The Oriental Insurance Co. Ltd. (1.2%)
  • National Insurance Co. Ltd. (1.0%)

Contact Details

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

Related Companies

  • ITC Ltd. Agri Business Division
  • Divya Management Ltd.
  • Gold Flake Corp. Ltd.
  • ITC Zenica Doo
  • ITC Ltd. - Paperboards & Specialty Papers Division
  • Wimco Ltd. /Non Engineering Business/
  • Tribeni Tissues Ltd.
  • ITC Foods Ltd.
  • Wills Lifestyle
  • Bay Islands Hotels Ltd.
  • Itc Holding Gmbh
  • Fortune Park Hotels Ltd.
  • ITC Innotech Consulting AG
  • ITC (Holdings) Ltd.
  • ITC-Welcomgroup
  • Total Composites, Inc.
  • Fortune Hotels, Inc.
  • Russel Credit Ltd.
  • Russell Credit Ltd.
  • ITC Infotech India Ltd.
  • Madhya Pradesh Oil Federation /Soybean Processing Units/
  • Technico Pty Ltd
  • Bilt Industrial Packaging Co. Ltd. /Paper Board Business/
  • KMM, Inc.
  • ITC Classic Finance Ltd.
  • ITC Service Co., Inc.

Competitors

  • Agro Tech Foods Limited
Last Updated on 22 Jun, 2018

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