ITC Ltd

BSE: ITC500875ISIN INE154A01025

Fast Moving Consumer Goods
Diversified FMCG
BSE SENSEX

Share price

₹279.70+6.35 (+2.32%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹414.65
52W low: ₹252.80
Off 52W high: -32.55%
1M return: +4.15%
3M return: -1.86%
6M return: -9.95%
1Y return: -31.55%
20D avg volume: 1,97,51,065
50 DMA: ₹264.04
200 DMA: ₹290.84

Key ratios Consolidated

Market cap: ₹3,50,518 Cr
Current price: ₹279.70
52W high / low: ₹414.65 / ₹252.80
Face value: ₹1.00
P/E: 18.23
P/B: 4.91
EPS (TTM): ₹15.34
Book value / share: ₹56.98
ROE: —
ROCE: 36.00%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹1,543 Cr
Interest cover: 325.72
Dividend yield: 5.18%
Dividend / share (TTM): ₹14.50
Payout: 94.52%
Cash conversion cycle: 68.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	30,578	29,523	23,821	21,707	21,256	23,129	20,376	20,350	22,282	20,030	19,446	19,484
	507.36	655.71	585.15	574.04	584.40	682.21	640.26	595.86	615.96	694.88	683.83	656.83
	31,086	30,179	24,407	22,281	21,840	23,812	21,017	20,946	22,898	20,724	20,130	20,141
	25,462	24,810	17,348	15,274	15,016	16,752	14,279	14,414	16,057	13,791	13,294	13,454
	7,729	6,982	6,660	6,797	6,577	6,238	6,220	6,016	6,222	5,492	5,550	5,716
	1,667	2,866	1,819	1,547	1,566	3,894	1,885	2,369	1,587	3,111	1,375	1,579
	1,887	1,877	1,747	1,704	1,654	1,676	1,597	1,591	1,633	1,673	1,558	1,586
	38.27	39.78	29.18	19.47	20.05	16.47	10.91	9.82	16.38	11.25	12.59	13.60
	490.60	427.73	421.95	430.82	434.80	422.96	411.03	415.98	520.37	498.57	461.44	459.45
	13,832	13,575	9,392	4,702	4,765	4,407	4,523	2,874	3,197	2,752	3,151	2,887
	5,623	5,369	7,058	7,006	6,824	7,059	6,738	6,532	6,841	6,933	6,836	6,688
	-25.66	405.88	-25.20	-354.58	88.08	0.00	0.00	0.00	-1.15	-3.04	-2.05	-5.52
	5,598	5,775	7,033	6,652	6,912	7,059	6,738	6,532	6,840	6,930	6,834	6,682
	1,465	1,352	1,703	1,736	1,792	1,785	1,681	1,726	1,794	1,761	1,647	1,282
	4,229	4,509	5,470	5,018	5,187	5,343	19,808	5,013	5,054	5,177	5,191	5,407
	3.32	3.51	4.30	3.94	4.09	4.19	15.77	3.79	3.99	4.08	4.10	4.28
Key metrics
	6,127	6,242	7,484	7,102	7,367	7,499	7,160	6,958	7,377	7,440	7,308	7,155
	20.00%	21.10%	31.40%	32.70%	34.70%	32.40%	35.10%	34.20%	33.10%	37.10%	37.60%	36.70%
	13.80%	15.30%	23.00%	23.10%	24.40%	23.10%	97.20%	24.60%	22.70%	25.80%	26.70%	27.70%
	7.40%	—	9.20%	—	9.20%	—	9.10%	—	—	—	—	—
	43.90%	27.60%	16.90%	6.70%	-4.60%	15.50%	4.80%	4.40%	—	—	—	—
	-18.50%	-15.60%	-72.40%	0.10%	2.60%	3.20%	281.60%	-7.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	1,05,630	89,913	81,613	76,840	76,518	65,205	53,155	51,393	49,862	47,689
	2,322	2,426	2,530	2,728	1,980	1,836	2,633	2,598	2,174	1,832
	1,07,952	92,339	84,142	79,568	78,499	67,041	55,788	53,991	52,036	49,520
	82,895	64,391	57,326	52,448	52,705	46,318	37,843	33,833	32,898	32,532
	28,168	26,272	23,757	21,773	20,276	16,400	13,940	13,811	13,403	11,944
	7,899	8,826	8,947	6,063	9,088	10,671	6,837	4,238	4,221	2,884
	7,215	6,782	6,170	6,134	5,736	4,891	4,463	4,296	4,178	3,761
	126.70	85.17	45.06	45.96	43.20	39.36	44.58	54.68	45.42	89.91
	1,771	1,711	1,646	1,816	1,809	1,732	1,646	1,645	1,397	1,236
	41,501	23,266	17,486	11,245	10,530	8,734	7,675	8,503	8,348	7,350
	25,057	27,948	26,817	27,120	25,793	20,723	17,945	20,158	19,138	16,989
	0.44	-291.70	0.00	-7.57	72.87	0.00	0.00	-132.11	0.00	412.90
	25,057	27,656	26,817	27,112	25,866	20,723	17,945	20,026	19,138	17,402
	6,256	7,015	6,890	6,389	6,438	5,237	4,555	4,442	6,314	5,916
	19,226	21,018	35,052	20,751	19,477	15,503	13,383	15,593	12,836	11,493
	15.07	16.52	27.79	16.42	15.50	12.37	10.70	12.47	10.30	—
Key metrics
	26,955	29,452	28,508	28,975	27,718	22,495	19,635	21,726	20,580	18,728
	25.52%	32.80%	34.90%	37.70%	36.20%	34.50%	36.90%	42.30%	41.30%	39.30%
	18.20%	23.40%	42.90%	27.00%	25.50%	23.80%	25.20%	30.30%	25.70%	24.10%
	—	36.00%	36.40%	—	—	—	—	—	—	—
	24.11%	10.20%	6.20%	0.40%	17.40%	22.70%	3.40%	3.10%	4.60%	—
	-45.61%	-40.00%	68.90%	6.50%	25.60%	15.80%	-14.20%	21.50%	11.70%	—
	—	16,281	15,348	—	—	—	—	—	—	—
	—	0.88	0.50	—	—	—	—	—	—	—
	—	0.03	0.00	—	—	—	—	—	—	—
	—	1,543	-528.74	—	—	—	—	—	—	—
	—	68.6	69.5	—	—	—	—	—	—	—
Balance sheet
	—	93,792	88,091	—	—	—	—	—	—	—
	—	50,708	43,893	—	—	—	—	—	—	—
	—	643.46	620.00	—	—	—	—	—	—	—
	—	3,923	4,720	—	—	—	—	—	—	—
	—	18,623	15,638	—	—	—	—	—	—	—
	—	2,033	1,570	—	—	—	—	—	—	—
	—	17,471	17,429	—	—	—	—	—	—	—
	—	5,640	4,807	—	—	—	—	—	—	—
	—	16,687	14,334	—	—	—	—	—	—	—
	—	2,186	91.26	—	—	—	—	—	—	—
	—	2,126	91.26	—	—	—	—	—	—	—
	—	60.00	0.00	—	—	—	—	—	—	—
	—	72,873	70,398	—	—	—	—	—	—	—
Cash flow
	—	18,464	17,627	—	—	—	—	—	—	—
	—	-2,321	-395.82	—	—	—	—	—	—	—
	—	-16,147	-17,037	—	—	—	—	—	—	—
	—	2,183	2,279	—	—	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	28,318	26,943	21,695	19,359	19,382	21,059	18,494	18,290	20,537	18,220	17,753	17,652
	807.52	645.33	652.75	1,072	897.97	662.08	795.45	1,087	878.62	701.27	798.59	1,135
	29,125	27,589	22,347	20,431	20,280	21,721	19,290	19,377	21,416	18,921	18,551	18,787
	23,618	22,829	15,656	13,472	13,517	15,176	12,873	12,831	14,661	12,366	12,018	12,057
	7,482	6,827	6,528	6,687	6,457	6,171	6,119	5,939	6,099	5,413	5,393	5,617
	1,687	2,905	1,762	1,539	1,574	3,916	1,818	2,391	1,606	3,124	1,329	1,593
	954.46	978.63	922.02	902.54	873.46	915.47	869.43	867.83	958.35	997.75	969.39	949.83
	31.76	33.78	24.40	14.96	15.88	12.93	8.51	7.57	14.78	11.14	12.12	12.38
	427.85	366.48	362.44	369.23	370.71	365.31	356.48	361.82	444.33	430.86	415.36	416.75
	13,010	12,828	8,572	4,060	4,071	3,810	3,826	2,587	2,940	2,518	2,794	2,660
	5,507	4,759	6,692	6,959	6,763	6,545	6,417	6,546	6,755	6,555	6,534	6,730
	-25.66	0.00	2.06	-273.83	88.08	0.00	0.00	527.96	-1.15	-3.04	-2.05	-5.52
	5,482	4,759	6,694	6,685	6,851	6,545	6,417	7,074	6,754	6,552	6,532	6,725
	1,345	1,181	1,581	1,596	1,672	1,633	1,542	1,652	1,675	1,634	1,512	1,153
	4,137	3,579	5,113	5,089	5,180	4,912	19,562	5,638	5,078	4,917	5,020	5,572
	3.30	2.86	4.08	4.06	4.13	3.93	15.64	4.34	4.06	3.94	4.02	4.47
Key metrics
	5,941	5,160	7,081	7,069	7,238	6,923	6,782	7,443	7,213	6,994	6,959	7,154
	21.00%	19.20%	32.60%	36.50%	37.30%	32.90%	36.70%	40.70%	35.10%	38.40%	39.20%	40.50%
	14.60%	13.30%	23.60%	26.30%	26.70%	23.30%	105.80%	30.80%	24.70%	27.00%	28.30%	31.60%
	7.70%	—	9.10%	—	9.60%	—	9.10%	—	—	—	—	—
	46.10%	27.90%	17.30%	5.80%	-5.60%	15.60%	4.20%	3.60%	—	—	—	—
	-20.10%	-27.10%	-73.90%	-9.70%	2.00%	-0.10%	289.70%	1.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	96,315	81,640	74,236	70,105	70,251	59,746	48,525	46,807	45,784	44,330
	3,178	3,287	3,454	3,538	2,438	2,590	3,251	3,014	2,485	2,130
	99,493	84,927	77,690	73,644	72,689	62,336	51,776	49,821	48,269	46,460
	75,575	57,976	51,690	47,320	48,011	42,506	34,611	30,522	29,825	30,021
	27,524	25,939	23,440	21,310	19,810	16,064	13,605	13,122	13,185	11,756
	7,894	8,792	8,936	6,043	9,110	10,734	6,896	4,290	4,300	2,992
	3,758	3,629	3,417	3,732	3,569	3,062	2,821	2,658	2,728	2,487
	104.90	69.94	36.35	45.73	41.81	41.95	47.47	55.72	34.19	86.65
	1,526	1,474	1,442	1,648	1,663	1,652	1,562	1,563	1,312	1,145
	38,470	20,554	15,059	10,248	9,649	8,113	7,167	7,822	7,657	6,809
	23,918	26,951	26,001	26,323	24,678	19,830	17,164	19,299	18,444	16,439
	-297.43	-183.87	527.96	-7.57	72.87	—	—	-132.11	—	412.90
	23,620	26,768	26,529	26,316	24,750	19,830	17,164	19,167	18,444	16,852
	5,702	6,481	6,437	5,894	5,997	4,772	4,133	4,031	5,980	5,628
	17,918	20,286	35,196	20,422	18,753	15,058	13,032	15,136	12,464	11,223
	14.30	16.20	28.15	16.39	15.15	12.22	10.59	12.33	10.19	—
Key metrics
	25,251	28,312	28,007	28,009	26,455	21,524	18,773	20,786	19,790	18,084
	26.22%	34.70%	37.70%	40.00%	37.70%	36.00%	38.70%	44.40%	43.20%	40.80%
	18.60%	24.80%	47.40%	29.10%	26.70%	25.20%	26.90%	32.30%	27.20%	25.30%
	—	36.40%	37.50%	—	—	—	—	—	—	—
	24.72%	10.00%	5.90%	-0.20%	17.60%	23.10%	3.70%	2.20%	3.30%	—
	-49.23%	-42.40%	72.30%	8.90%	24.50%	15.50%	-13.90%	21.40%	11.10%	—
	—	15,026	14,962	—	—	—	—	—	—	—
	—	0.84	0.48	—	—	—	—	—	—	—
	—	0.03	0.00	—	—	—	—	—	—	—
	—	1,916	-220.30	—	—	—	—	—	—	—
	—	69.7	71.2	—	—	—	—	—	—	—
Balance sheet
	—	88,916	84,009	—	—	—	—	—	—	—
	—	46,143	39,756	—	—	—	—	—	—	—
	—	110.02	222.06	—	—	—	—	—	—	—
	—	2,926	3,911	—	—	—	—	—	—	—
	—	17,932	15,061	—	—	—	—	—	—	—
	—	1,488	1,044	—	—	—	—	—	—	—
	—	16,502	16,445	—	—	—	—	—	—	—
	—	5,272	4,490	—	—	—	—	—	—	—
	—	15,192	13,122	—	—	—	—	—	—	—
	—	2,026	1.76	—	—	—	—	—	—	—
	—	2,026	1.76	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	69,929	67,900	—	—	—	—	—	—	—
Cash flow
	—	17,095	16,751	—	—	—	—	—	—	—
	—	-1,538	141.48	—	—	—	—	—	—	—
	—	-15,694	-16,766	—	—	—	—	—	—	—
	—	2,069	1,789	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +5.14%
Sales CAGR 5Y: +10.97%
Profit CAGR 3Y: +2.65%
Profit CAGR 5Y: +9.26%
Sales YoY (TTM): +24.72%
Profit YoY (TTM): -49.23%

Consolidated

Sales CAGR 3Y: +5.52%
Sales CAGR 5Y: +11.09%
Profit CAGR 3Y: +2.57%
Profit CAGR 5Y: +9.45%
Sales YoY (TTM): +24.11%
Profit YoY (TTM): -45.61%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 0.00%

Quarter	September 2026	June 2026
Promoter %	0.00%	0.00%

Holder	Type	Holding	Previous	Change
Tobacco Manufacturers (India) Limited	Public	17.79%	17.79%	0.00%
Life Insurance Corporation of India	Public	16.46%	16.30%	+0.16%
Specified Undertaking of the Unit Trust of India	Public	7.78%	7.78%	0.00%
Myddleton Investment Company Limited	Public	3.88%	3.88%	0.00%
SBI Mutual Funds	Public	3.44%	3.36%	+0.08%
ICICI Prudential Mutual Funds	Public	3.25%	3.30%	-0.05%
Parag Parikh Mutual Funds	Public	2.55%	2.55%	0.00%
Goldman Sachs Trust II - Goldman Sachs GQG Partners International Opportunities Fund	Public	1.96%	2.06%	-0.10%
QIB - Insurance Company Registered	Public	1.89%	1.87%	+0.02%
NPS Trust (various Pension Funds)	Public	1.75%	1.75%	0.00%
General Insurance Corporation of India	Public	1.73%	1.73%	0.00%
UTI Mutual Funds	Public	1.57%	1.48%	+0.09%
Nippon Life India Trustee Mutual Funds	Public	1.57%	1.47%	+0.10%
The New India Assurance Company Limited	Public	1.46%	1.46%	0.00%
Rothmans International Enterprises Limited	Public	1.24%	1.24%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hindustan Unilever Ltd.	4,63,574	1,973.00	30.76	22.20%	+6.41% TTM	+37.96% TTM	-19.34%
ITC Ltd	3,50,518	279.70	18.23	36.00%	+24.11% TTM	-45.61% TTM	-31.55%
Hindustan Foods Ltd.	6,879	567.10	44.20	13.90%	+17.98% TTM	+36.41% TTM	+6.22%
Godavari Biorefineries Limited	1,148	224.30	5,079.14	4.60%	+7.00% TTM	+101.65% TTM	-16.93%
Davangere Sugar Company Limited S	336	1.98	33.00	6.40%	+28.91% TTM	-27.90% TTM	-46.92%

Filings & corporate actions

Recent announcements

Participation in Investor Conferences4 Nov 2026 · Company Update / Analyst / Investor Meet
Scheme of Amalgamation of Sproutlife Foods Private Limited with the Company2 Nov 2026 · Company Update / Scheme of Arrangement
Media Statement and Presentation2 Nov 2026 · Company Update / General
Unaudited Financial Results of the Company for the Quarter and Six Months ended 30th September, 20262 Nov 2026 · Result / Financial Results
Unaudited Financial Results of the Company for the Quarter and Six Months ended 30th September, 20262 Nov 2026 · Board Meeting / Outcome of Board Meeting
ITC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....16 Oct 2026 · Board Meeting / Board Meeting
Allotment of Shares under the Company''s Employee Stock Option Schemes15 Oct 2026 · Company Update / Allotment of ESOP / ESPS
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GQG Partners LLC7 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Certificate for the quarter ended 30th September, 2026.5 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Acquisition of shares of Sproutlife Foods Private Limited28 Sep 2026 · Company Update / Acquisition
Closure of Trading Window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Publication of Advertisement re: Loss of Share Certificates21 Sep 2026 · Company Update / Newspaper Publication
Allotment of Shares under the Company''s Employee Stock Option Schemes17 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Participation in Investor Conferences9 Sep 2026 · Company Update / Analyst / Investor Meet
Amalgamation of Blazeclan Technologies Private Limited and Cloudlytics Technologies Private Limited with ITC Infotech India Limited1 Sep 2026 · Company Update / General
Strategic combination of ITC Infotech India Limited and Happiest Minds Technologies Limited31 Aug 2026 · Company Update / Acquisition
Allotment of Shares under the Company''s Employee Stock Option Schemes14 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Participation in Investor Conference14 Aug 2026 · Company Update / Analyst / Investor Meet
Publication of Advertisement re: Loss of Share Certificates13 Aug 2026 · Company Update / Newspaper Publication
We write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company's representatives will be attending the 21st ....4 Aug 2026 · Company Update / Analyst / Investor Meet
Acquisition of Pulp and Paper Undertaking of Aditya Birla Real Estate Limited - Update1 Aug 2026 · Company Update / General
Media Statement and Investor Presentation - Q1 of FY 2026-2731 Jul 2026 · Company Update / General
Quarter Results for Q1 - FY 2026-2731 Jul 2026 · Result / Financial Results
Quarter Results for Q1 FY 2026-2731 Jul 2026 · Board Meeting / Outcome of Board Meeting
Intimation of ESG Score assigned by ESG RIsk Assessments & Insights Limited29 Jul 2026 · Company Update / Credit Rating
Intimation of ESG rating assigned by Crisil ESG Ratings & Analytics Limited23 Jul 2026 · Company Update / Credit Rating
Re-appointment of Independent Director23 Jul 2026 · Company Update / Change in Directorate
Address delivered by the Chairman at the 115th AGM23 Jul 2026 · Company Update / General
115th Annual General Meeting of the Company - 23rd July, 202623 Jul 2026 · AGM/EGM / AGM
Publication of Advertisement re: Loss of Share Certificates20 Jul 2026 · Company Update / Newspaper Publication
ITC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....17 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Publication of Notice re: completion of despatch of the Notice of the 115th Annual General Meeting.1 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report 202626 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 115th Annual General Meeting of the Company26 Jun 2026 · AGM/EGM / AGM
Report and Accounts for the financial year ended 31st March, 202626 Jun 2026 · Others / Reg. 34 (1) Annual Report
Closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Publication of Notice re: 115th Annual General Meeting of the Company to be held on 23rd July, 2026 through Video Conferencing / Other Audio Visual Means.12 Jun 2026 · Company Update / Newspaper Publication
Participation in Investor Conferences27 May 2026 · Company Update / Analyst / Investor Meet
Publication of Advertisement re: Loss of Share Certificates22 May 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 8.0000	27 May 2026	27 May 2026	—
Interim Dividend - Rs. - 6.5000	4 Feb 2026	4 Feb 2026	—
Final Dividend - Rs. - 7.8500	28 May 2025	28 May 2025	—
Interim Dividend - Rs. - 6.5000	12 Feb 2025	12 Feb 2025	—
Spin Off	6 Jan 2025	6 Jan 2025	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results