ITC Ltd.

NSE: ITC · Fast Moving Consumer Goods

₹283.15+1.54%06 Nov 2026

Ask the data

Instant answers about ITC Ltd. — computed from its filings, no language model

Market cap₹3,54,801 cr

Current price₹283.15

High / Low₹420 / ₹255

P/E18.8

P/B4.97

Book value₹57.0

ROE26.4%

ROCE35.2%

Debt / equity0.00

Dividend yield5.15%

EPS (TTM)₹15.07

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	51,393	53,155	65,205	76,518	76,840	81,613	89,913
EBITDA	19,260	17,003	20,658	25,665	26,254	25,978	27,318
Operating margin	37.5%	32.0%	31.7%	33.5%	34.2%	31.8%	30.4%
Interest	55	45	39	43	46	45	85
Depreciation	1,645	1,646	1,732	1,809	1,816	1,646	1,711
Profit before tax	20,026	17,945	20,723	25,866	27,112	26,817	27,656
Tax	4,442	4,555	5,237	6,438	6,389	6,890	7,015
Net profit	15,306	13,161	15,243	19,192	20,459	34,747	20,689
EPS ₹	12.47	10.70	12.37	15.50	16.42	27.79	16.52
Operating cash flow	—	—	15,776	18,878	17,179	17,627	18,464
Capex	—	—	2,142	2,743	3,563	2,279	2,183
Dividend paid	—	—	13,788	15,418	19,899	17,763	18,272
Total assets	—	—	—	85,883	91,826	88,091	93,792
Equity	—	—	—	69,155	74,507	70,030	72,507

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	12,658	12,867	13,308	12,561	10,478	13,148	14,124	15,404	14,241	14,844	18,366	17,754	19,831	18,608	19,021	19,058	18,639	19,270	19,484	19,446	20,030	22,282	20,350	20,376	23,129	21,256	21,707	23,821	29,523	30,578
Operating profit	4,938	4,842	4,977	4,504	2,946	4,401	4,785	4,871	4,444	5,018	5,598	5,599	6,077	6,259	6,705	6,624	6,670	6,454	6,504	6,626	6,748	6,762	6,362	6,519	6,816	6,695	6,883	6,924	5,181	5,645
Operating margin	39.0%	37.6%	37.4%	35.9%	28.1%	33.5%	33.9%	31.6%	31.2%	33.8%	30.5%	31.5%	30.6%	33.6%	35.2%	34.8%	35.8%	33.5%	33.4%	34.1%	33.7%	30.3%	31.3%	32.0%	29.5%	31.5%	31.7%	29.1%	17.5%	18.5%
Other income	647	630	653	668	925	582	546	579	447	469	422	499	321	455	595	610	722	665	657	684	695	616	596	640	682	584	574	585	656	507
Interest	15	14	11	15	16	13	13	3	9	10	10	11	9	13	9	12	10	10	14	13	11	16	10	11	16	20	19	29	40	38
Depreciation	379	416	437	413	419	405	413	409	414	422	430	467	438	462	447	461	442	453	459	461	499	520	416	411	423	435	431	422	428	491
Profit before tax	5,192	5,042	5,049	4,743	3,436	4,565	4,905	5,039	4,467	5,055	5,580	5,620	5,950	6,239	6,844	6,833	6,940	6,656	6,682	6,834	6,930	6,840	6,532	6,738	7,059	6,912	6,652	7,033	5,775	5,598
Tax	1,755	868	1,001	817	869	1,147	1,317	1,222	1,124	1,291	1,462	1,361	1,488	1,568	1,774	1,608	1,760	1,700	1,282	1,647	1,761	1,794	1,726	1,681	1,785	1,792	1,736	1,703	1,352	1,465
Net profit	3,355	4,119	3,976	3,857	2,511	3,368	3,527	3,755	3,276	3,714	4,057	4,196	4,390	4,620	5,007	5,175	5,105	4,898	5,335	5,121	5,092	4,993	4,935	19,727	5,244	5,126	4,931	5,388	4,394	4,168
EPS ₹	2.74	3.35	3.24	3.14	2.04	2.74	2.87	3.05	2.66	3.02	3.29	3.40	3.56	3.73	4.04	4.17	4.11	3.93	4.28	4.10	4.08	3.99	3.95	15.77	4.19	4.09	3.94	4.30	3.51	3.32
Revenue YoY	—	—	—	—	-17.2%	2.2%	6.1%	22.6%	35.9%	12.9%	30.0%	15.3%	39.3%	25.4%	3.6%	7.3%	-6.0%	3.6%	2.4%	2.0%	7.5%	15.6%	4.4%	4.8%	15.5%	-4.6%	6.7%	16.9%	27.6%	43.9%
Profit YoY	—	—	—	—	-25.2%	-18.2%	-11.3%	-2.6%	30.5%	10.3%	15.0%	11.7%	34.0%	24.4%	23.4%	23.4%	16.3%	6.0%	6.6%	-1.1%	-0.3%	1.9%	-7.5%	285.3%	3.0%	2.7%	-0.1%	-72.7%	-16.2%	-18.7%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

ITC Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	15,548	18,190	21,468	25,148	29,909	33,239	36,507	36,837	55,448	44,330	45,784
Operating profit	5,019	6,303	7,454	8,840	10,621	12,455	13,474	14,238	14,601	15,556	17,306
Operating margin	32.3%	34.7%	34.7%	35.2%	35.5%	37.5%	36.9%	38.7%	26.3%	35.1%	37.8%
Other income	375	374	518	818	946	1,107	1,543	1,804	1,986	2,114	2,485
Interest	18	53	48	61	86	68	57	49	46	87	34
Depreciation	549	609	656	699	796	900	962	1,034	1,038	1,145	1,312
Profit before tax	4,826	6,015	7,268	8,898	10,684	12,659	13,998	14,958	15,503	16,852	18,444
Tax	1,562	1,954	2,281	2,735	3,266	3,874	4,390	5,114	5,302	5,628	5,980
Net profit	3,264	4,061	4,988	6,162	7,418	8,785	9,608	9,845	10,201	11,223	12,464

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	3,273	3,458	3,934	3,900	3,863	3,859	3,927	4,133	4,345	4,580	5,132	4,847	5,147	5,514	5,960	5,860	6,085	6,248	6,955	6,713	7,227	7,712	8,257	7,411	7,863	8,727	9,239	9,248	9,024	8,943	9,293	8,588	8,904	9,177	10,169	13,253	13,617	13,570	15,009	13,800	9,764	9,952	10,813	10,875	11,273	11,431	12,206
Operating profit	1,032	1,200	1,045	1,127	1,215	1,378	1,298	1,387	1,590	1,708	1,618	1,637	1,875	2,029	1,913	1,976	2,219	2,381	2,263	2,368	2,688	2,858	2,706	2,791	3,176	3,284	3,203	3,278	3,489	3,464	3,243	3,386	3,560	3,605	3,687	3,526	3,630	3,546	3,898	3,746	3,762	3,904	4,144	4,202	4,206	4,326	4,572
Operating margin	31.5%	34.7%	26.6%	28.9%	31.5%	35.7%	33.1%	33.6%	36.6%	37.3%	31.5%	33.8%	36.4%	36.8%	32.1%	33.7%	36.5%	38.1%	32.5%	35.3%	37.2%	37.1%	32.8%	37.7%	40.4%	37.6%	34.7%	35.4%	38.7%	38.7%	34.9%	39.4%	40.0%	39.3%	36.3%	26.6%	26.7%	26.1%	26.0%	27.1%	38.5%	39.2%	38.3%	38.6%	37.3%	37.8%	37.5%
Other income	208	137	164	114	110	98	52	88	68	159	59	98	124	193	102	144	181	285	208	177	185	330	254	203	246	391	267	235	356	582	370	315	399	678	412	421	475	688	402	477	494	627	516	404	504	836	740
Interest	1	2	3	1	3	0	14	6	18	11	19	6	5	23	14	16	14	16	15	14	23	25	24	17	33	9	10	15	18	8	16	10	10	16	12	10	11	14	11	10	29	24	23	7	14	6	8
Depreciation	106	110	121	126	134	144	145	152	148	155	154	160	164	168	164	166	170	174	188	195	189	205	207	215	221	226	238	231	243	238	250	258	259	263	255	261	268	267	242	268	282	291	304	299	327	335	350
Profit before tax	1,133	1,226	1,084	1,114	1,189	1,331	1,192	1,317	1,492	1,701	1,505	1,570	1,830	2,031	1,837	1,937	2,215	2,477	2,268	2,337	2,661	2,957	2,729	2,762	3,234	3,440	3,223	3,266	3,583	3,800	3,348	3,432	3,690	4,004	3,832	3,675	3,826	3,954	4,047	3,945	3,944	4,630	4,333	4,300	4,369	4,821	4,954
Tax	362	395	349	365	386	428	383	439	482	557	477	500	583	642	555	604	701	776	654	734	825	905	801	871	1,003	1,055	945	1,079	1,158	1,165	987	1,167	1,259	1,352	1,336	1,291	1,326	1,307	1,378	1,384	1,304	1,539	1,401	1,481	1,414	1,612	1,472
Net profit	771	831	736	749	803	903	809	879	1,010	1,144	1,028	1,070	1,247	1,389	1,281	1,333	1,514	1,701	1,614	1,602	1,836	2,052	1,928	1,891	2,231	2,385	2,278	2,186	2,425	2,635	2,361	2,265	2,431	2,653	2,495	2,385	2,500	2,647	2,669	2,560	2,640	3,090	2,933	2,819	2,955	3,209	3,482
EPS ₹	2.05	2.21	1.95	1.99	2.13	2.40	2.15	2.33	2.67	3.02	2.71	2.80	1.63	1.81	1.66	1.72	1.95	2.19	2.07	2.05	2.34	2.61	2.44	2.39	2.82	3.01	2.87	2.75	3.04	3.30	2.95	2.83	3.03	3.30	3.10	1.97	2.07	2.18	2.20	2.11	2.17	2.54	2.41	2.31	2.42	2.62	2.84
Revenue YoY	—	—	—	—	18.0%	11.6%	-0.2%	6.0%	12.5%	18.7%	30.7%	17.3%	18.5%	20.4%	16.1%	20.9%	18.2%	13.3%	16.7%	14.6%	18.8%	23.4%	18.7%	10.4%	8.8%	13.2%	11.9%	24.8%	14.8%	2.5%	0.6%	-7.1%	-1.3%	2.6%	9.4%	54.3%	52.9%	47.9%	47.6%	4.1%	-28.3%	-26.7%	-28.0%	-21.2%	15.5%	14.9%	12.9%
Profit YoY	—	—	—	—	4.1%	8.7%	10.0%	17.4%	25.8%	26.7%	27.1%	21.8%	23.5%	21.4%	24.6%	24.5%	21.5%	22.5%	26.0%	20.2%	21.3%	20.6%	19.4%	18.1%	21.5%	16.3%	18.2%	15.6%	8.7%	10.5%	3.7%	3.6%	0.3%	0.7%	5.7%	5.3%	2.8%	-0.2%	7.0%	7.4%	5.6%	16.8%	9.9%	10.1%	11.9%	3.8%	18.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	44.0%	41.6%	39.4%	38.1%	37.9%	40.1%	41.0%	42.6%	43.8%	47.0%	26.3%	27.8%	27.8%	28.8%	29.2%	29.7%	27.5%	27.4%	27.3%	26.8%	49.6%	49.8%	49.3%	49.3%	28.5%	27.4%	26.4%
ROCE	57.6%	52.6%	51.2%	50.8%	51.6%	54.6%	55.9%	57.9%	59.6%	63.8%	35.7%	37.6%	37.4%	38.9%	39.5%	39.3%	36.4%	36.4%	36.3%	36.1%	38.6%	38.8%	38.3%	38.5%	37.1%	35.5%	35.2%
Net margin	29.8%	29.4%	27.7%	26.4%	24.8%	24.5%	24.3%	23.6%	23.4%	23.1%	23.2%	24.2%	25.1%	26.4%	26.6%	26.8%	26.6%	26.1%	25.3%	24.5%	41.8%	40.5%	41.2%	40.5%	23.0%	20.6%	17.9%
EBITDA margin	37.5%	35.1%	34.0%	33.1%	32.0%	32.5%	32.6%	31.7%	31.7%	31.5%	31.6%	32.8%	33.5%	34.9%	34.8%	34.3%	34.2%	33.7%	32.8%	32.3%	31.8%	30.7%	31.0%	31.1%	30.4%	26.7%	23.3%
Debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.03	0.00
Interest coverage	367.25	327.73	323.35	314.04	403.54	499.07	563.93	639.82	527.50	566.47	556.45	591.36	599.75	613.44	664.09	596.59	590.91	573.87	507.99	543.29	560.14	508.07	476.83	409.98	325.72	244.10	198.77
Asset turnover	1.00	0.96	0.97	0.98	1.04	1.11	1.14	1.23	1.27	1.38	0.91	0.92	0.89	0.88	0.87	0.88	0.84	0.85	0.86	0.87	0.94	0.98	0.94	0.95	0.96	1.03	1.10

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 12 periods

	MAR '14‡	MAR '15‡	MAR '16‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	795	802	805	1,240	1,243	1,247	1,248	1,251	1,251	1,253	1,253	1,253
Other equity / reserves	27,237	31,735	33,964	64,384	67,912	67,852	73,259	74,015	68,779	69,819	71,254	70,149
Total equity	28,032	32,537	34,769	65,623	69,155	69,099	74,507	75,266	70,030	71,072	72,507	71,402
Borrowings	227	256	87	6	39	5	11	27	91	157	2,186	243
Current liabilities	—	—	—	13,330	13,739	14,801	13,690	14,956	14,334	15,537	16,687	20,068
Non-current liabilities	—	—	—	2,695	2,605	2,705	3,246	3,323	3,359	3,671	4,232	4,348
Total assets	40,884	45,991	51,264	82,157	85,883	87,137	91,826	94,071	88,091	90,803	93,792	96,356
Property, plant & equipment	12,556	14,648	14,757	20,313	21,117	21,566	23,082	24,814	17,429	17,279	17,471	20,010
Capital work-in-progress	3,081	2,672	3,084	3,319	2,985	3,190	2,851	1,387	1,088	1,305	1,499	1,924
Investments	7,284	6,943	11,162	24,834	29,415	26,637	31,114	28,409	34,720	32,548	38,128	30,135
Inventories	8,255	8,587	9,156	12,813	11,771	14,713	14,153	17,775	15,638	18,763	18,623	22,975
Receivables	2,439	1,982	1,920	2,713	2,956	4,168	4,026	5,825	4,720	6,503	3,923	4,754
Cash & equivalents	3,490	7,896	7,013	203	463	618	626	792	620	484	643	835

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	7,344	9,843	9,799	10,627	13,169	12,583	14,690	12,527	15,776	18,878	17,179	17,627	18,464
Cash from investing	-3,254	-5,275	-3,921	-3,251	-7,114	-5,546	-6,174	5,683	-2,238	-5,732	1,563	-396	-2,321
Cash from financing	-4,122	-4,661	-5,613	-7,301	-6,221	-6,869	-8,181	-18,634	-13,580	-13,006	-18,551	-17,037	-16,147
Capex	2,887	3,300	2,348	3,122	2,878	3,169	2,441	1,837	2,142	2,743	3,563	2,279	2,183
Free cash flow	4,456	6,543	7,451	7,506	10,291	9,414	12,249	10,690	13,634	16,135	13,616	15,348	16,281
Dividends paid	4,239	4,876	5,133	6,994	5,952	6,519	7,302	18,881	13,788	15,418	19,899	17,763	18,272

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹20,010 cr21%

CWIP

₹1,924 cr2%

Investments

₹30,135 cr31%

Inventories

₹22,975 cr24%

Receivables

₹4,754 cr5%

Cash & equivalents

₹835 cr1%

Other assets

₹15,722 cr16%

Peer comparison

largest in Fast Moving Consumer Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Unilever Ltd.	4,69,624	1,998.40	31.2	9.62	30.8%
ITC Ltd.	3,54,801	283.15	18.8	4.97	26.4%
Nestle India Ltd.	2,47,229	1,282.10	244.9	42.80	17.5%
Varun Beverages Ltd.	1,48,153	438.00	42.7	6.81	16.0%
Marico Ltd.	1,16,708	897.75	57.8	24.65	42.6%
Britannia Industries Ltd.	1,15,271	4,785.00	43.2	27.13	62.9%
Tata Consumer Products Ltd.	1,07,511	1,086.30	63.2	4.86	7.7%
United Spirits Ltd.	1,02,805	1,418.00	55.6	11.34	20.4%
Godrej Consumer Products Ltd.	87,083	851.00	41.2	6.90	16.8%
Dabur India Ltd.	67,474	380.35	33.3	5.87	17.6%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+6.6%

6 months-7.9%

1 year-32.8%

3Y CAGR-12.3%

5Y CAGR+5.1%

10Y CAGR+1.4%

50-day avg₹264.60

200-day avg₹290.34

RSI (14)76

Long-term financials (FY12–FY15)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY15	₹38,835 Cr	₹14,362 Cr	₹9,663 Cr
FY14	₹35,317 Cr	₹13,052 Cr	₹8,891 Cr
FY13	₹31,628 Cr	₹11,106 Cr	₹7,608 Cr
FY12	₹26,552 Cr	₹9,168 Cr	₹6,258 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

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FAQs

What is the share price of ITC Ltd.?

ITC Ltd. (ITC) closed at ₹283.15 on NSE on 06 Nov 2026.

What is the market cap of ITC Ltd.?

₹3,54,801 crore at the latest close.

What is the P/E ratio of ITC Ltd.?

18.8, on trailing-twelve-month earnings from its filings.

How fast is ITC Ltd. growing?

ITC Ltd.: revenue has compounded at 5.5% a year over three years; net profit at 2.5% a year. Latest-quarter revenue is up 43.9% year on year, profit down 18.7%.

How profitable is ITC Ltd.?

On a trailing-twelve-month basis return on equity is 26.4%, return on capital employed 35.2%, operating margin 23.3%, net margin 17.9%.

How much debt does ITC Ltd. have?

ITC Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹243 cr against cash of ₹835 cr (balance sheet of 2026-09-30). Operating profit covers interest 198.8 times.

Financials parsed from ITC Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.