Asia300

ITC Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 20, 2017
Prev close: 259.1
Nov 20, 2017
Market cap:
Market cap(USD):
3,157.26B
48,502.43M
Shares: 12,185.51M

Currency in INR

Company profile

Market(Ticker): BOM(500875)
Sector:
Industry:
Consumer Non-Durables
Tobacco
Full time employees: 25,883

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.

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 2017

  • Local currency
  • US Dollar
Revenue 585,906.2M
Gross profit 355,921.7M
Operating income 143,437.2M
Income before tax 160,203.5M
Net income 102,894.4M
EBITDA 154,965.1M
Diluted EPS 8.45
Dividends per share 4.75
Total assets 559,432.7M
Total liabilities 92,209.5M
Total equity 464,127M
Operating cash flow 113,626.6M

Currency in INR

Revenue 8,737.42M
Gross profit 5,307.74M
Operating income 2,139.03M
Income before tax 2,389.06M
Net income 1,534.43M
EBITDA 2,310.94M
Diluted EPS 0.12
Dividends per share 0.07
Total assets 8,615.27M
Total liabilities 1,420.02M
Total equity 7,147.56M
Operating cash flow 1,694.47M

Currency in USD

Valuation measures

Mar 2017

PER 32.99
ROA 19.11%
ROE 23.09%
Operating margin 24.48%
Profit margin 17.56%

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
  • Deputy Secretary & Compliance Officer: 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(9.0%)
  • General Insurance Corp. of India (Invt Port)(1.7%)
  • The New India Assurance Co. Ltd. (Investment Portfolio)(1.6%)
  • The Oriental Insurance Co. Ltd.(1.3%)
  • GIC Pte Ltd. (Investment Management)(1.3%)
  • Aberdeen Asset Managers Ltd.(1.0%)
  • SBI Funds Management Pvt Ltd.(0.9%)
  • ICICI Prudential Asset Management Co. Ltd.(0.9%)

Address

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

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