About
ITC Limited engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally. The company offers cigarettes and cigars; foods, including staples, spices, biscuits, confectionery and gums, snacks, noodles and pasta, beverages, dairy products, ready-to-eat meals, chocolates, coffee, and frozen foods; personal care products; education and stationery, such as balls, gels and roller pens, mechanical pencils, geometry boxes, erasers, sharpeners and rulers, wax crayons, plastic crayons, and sketch pens and oil pastels; safety matches; and agarbattis and dhoops under various brands, as well as operates a hotel under the ITC Grand Central name in Mumbai. It also provides virgin, recycled, coated barrier, cupstock base, liner, liquid packaging, antifungal, solid, and graphic boards, as well as specialty papers; surfacing, print base, barrier, overlay, and liner papers; plastic substitution products; and packaging products, including cartons, flexible, tobacco, and green packaging products. In addition, the company exports feed ingredients, food grains, marine products, processed fruits, coffee products, leaf tobacco products, and spices; and offers information technology services for the banking and financial services, healthcare, manufacturing, consumer goods, travel, and hospitality industries, as well as produces and commercializes seed potato technology products. Further, it provides property infrastructure maintenance; engineering, procurement and construction management and project management consultancy services; business consulting; and agro-forestry and other related services, as well as engages in the fabrication and assembly of machinery for tube filling, cartoning, wrapping, and conveyor solutions and engineering activities. ITC Limited was incorporated in 1910 and is headquartered in Kolkata, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores Β· hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19,114.00 | 17,825.00 | 20,047.00 | 19,502.00 | 21,495.00 | 18,765.00 | 18,790.00 | 19,990.00 | 17,778.00 | 17,038.00 | 17,195.00 | 17,774.00 | 17,164.00 |
| Expenses | 13,934.00 | 10,900.00 | 13,165.00 | 12,807.00 | 14,678.00 | 12,246.00 | 12,428.00 | 13,438.00 | 11,233.00 | 10,736.00 | 10,985.00 | 11,320.00 | 10,494.00 |
| Operating Profit | 5,181.00 | 6,924.00 | 6,883.00 | 6,695.00 | 6,816.00 | 6,519.00 | 6,362.00 | 6,552.00 | 6,545.00 | 6,302.00 | 6,210.00 | 6,454.00 | 6,670.00 |
| OPM % | 27.00 | 39.00 | 34.00 | 34.00 | 32.00 | 35.00 | 34.00 | 33.00 | 37.00 | 37.00 | 36.00 | 36.00 | 39.00 |
| Other Income | 1,148.00 | 700.00 | 322.00 | 739.00 | 751.00 | 15,391.00 | 803.00 | 690.00 | 771.00 | 868.00 | 820.00 | 674.00 | 722.00 |
| Depreciation | 428.00 | 422.00 | 431.00 | 435.00 | 423.00 | 411.00 | 416.00 | 416.00 | 403.00 | 385.00 | 384.00 | 453.00 | 442.00 |
| Interest | 40.00 | 29.00 | 19.00 | 20.00 | 16.00 | 11.00 | 10.00 | 15.00 | 10.00 | 11.00 | 12.00 | 10.00 | 10.00 |
| Profit before tax | 5,861.00 | 7,173.00 | 6,754.00 | 6,979.00 | 7,128.00 | 21,489.00 | 6,740.00 | 6,811.00 | 6,903.00 | 6,774.00 | 6,635.00 | 6,665.00 | 6,940.00 |
| Tax % | 23.00 | 24.00 | 26.00 | 26.00 | 25.00 | 8.00 | 26.00 | 26.00 | 25.00 | 23.00 | 19.00 | 26.00 | 25.00 |
| Net Profit | 4,509.00 | 5,470.00 | 5,018.00 | 5,187.00 | 5,343.00 | 19,808.00 | 5,013.00 | 5,054.00 | 5,177.00 | 5,191.00 | 5,407.00 | 4,965.00 | 5,190.00 |
| EPS in Rs | 3.51 | 4.30 | 3.94 | 4.09 | 4.19 | 15.76 | 3.94 | 3.99 | 4.08 | 4.10 | 4.28 | 3.93 | 4.10 |
Profit & Loss
Annual Β· Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78,868.00 | 75,323.00 | 67,932.00 | 70,919.00 | 60,645.00 | 49,257.00 | 49,388.00 | 48,340.00 | 43,449.00 | 42,768.00 | 39,192.00 | 38,817.00 |
| Expenses | 51,562.00 | 49,492.00 | 42,744.00 | 45,215.00 | 40,021.00 | 32,193.00 | 30,044.00 | 29,802.00 | 26,928.00 | 27,298.00 | 24,661.00 | 24,566.00 |
| Operating Profit | 27,306.00 | 25,832.00 | 25,188.00 | 25,704.00 | 20,623.00 | 17,065.00 | 19,344.00 | 18,537.00 | 16,521.00 | 15,470.00 | 14,531.00 | 14,252.00 |
| OPM % | 35.00 | 34.00 | 37.00 | 36.00 | 34.00 | 35.00 | 39.00 | 38.00 | 38.00 | 36.00 | 37.00 | 37.00 |
| Other Income | 2,523.00 | 17,803.00 | 3,330.00 | 2,098.00 | 1,910.00 | 2,577.00 | 2,417.00 | 2,080.00 | 2,240.00 | 1,759.00 | 1,483.00 | 1,229.00 |
| Interest | 85.00 | 45.00 | 39.00 | 78.00 | 60.00 | 58.00 | 81.00 | 71.00 | 115.00 | 49.00 | 78.00 | 91.00 |
| Depreciation | 1,711.00 | 1,646.00 | 1,518.00 | 1,809.00 | 1,732.00 | 1,646.00 | 1,645.00 | 1,397.00 | 1,236.00 | 1,153.00 | 1,077.00 | 1,028.00 |
| Profit before tax | 28,033.00 | 41,943.00 | 26,961.00 | 25,915.00 | 20,740.00 | 17,938.00 | 20,035.00 | 19,150.00 | 17,409.00 | 16,026.00 | 14,859.00 | 14,362.00 |
| Tax % | 25.00 | 16.00 | 23.00 | 25.00 | 25.00 | 25.00 | 22.00 | 33.00 | 34.00 | 35.00 | 36.00 | 32.00 |
| Net Profit | 21,018.00 | 35,052.00 | 20,751.00 | 19,477.00 | 15,503.00 | 13,383.00 | 15,593.00 | 12,836.00 | 11,493.00 | 10,477.00 | 9,501.00 | 9,779.00 |
| EPS in Rs | 16.51 | 27.77 | 16.39 | 15.44 | 12.37 | 10.69 | 12.45 | 10.27 | 9.24 | 8.47 | 7.74 | 8.04 |
| Dividend Payout % | 88.00 | 52.00 | 84.00 | 100.00 | 93.00 | 101.00 | 82.00 | 56.00 | 56.00 | 56.00 | 73.00 | 52.00 |
Balance Sheet
Annual Β· Rs. Crores β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,253.00 | 1,251.00 | 1,248.00 | 1,243.00 | 1,232.00 | 1,231.00 | 1,229.00 | 1,226.00 | 1,220.00 | 1,215.00 | 805.00 | 802.00 |
| Reserves | 71,254.00 | 68,779.00 | 73,259.00 | 67,912.00 | 61,223.00 | 59,116.00 | 64,044.00 | 57,915.00 | 51,290.00 | 45,198.00 | 41,875.00 | 30,934.00 |
| Borrowings | 2,399.00 | 285.00 | 303.00 | 306.00 | 249.00 | 271.00 | 277.00 | 13.00 | 36.00 | 46.00 | 84.00 | 269.00 |
| Other Liabilities | 18,731.00 | 17,688.00 | 16,944.00 | 16,370.00 | 14,491.00 | 13,143.00 | 11,760.00 | 12,585.00 | 11,695.00 | 9,440.00 | 8,888.00 | 13,948.00 |
| Total Liabilities | 93,637.00 | 88,003.00 | 91,754.00 | 85,831.00 | 77,196.00 | 73,761.00 | 77,311.00 | 71,739.00 | 64,241.00 | 55,898.00 | 51,651.00 | 45,952.00 |
| Fixed Assets | 22,443.00 | 21,955.00 | 27,820.00 | 25,851.00 | 24,232.00 | 23,298.00 | 21,713.00 | 19,374.00 | 16,524.00 | 15,893.00 | 15,107.00 | 15,303.00 |
| CWIP | 1,602.00 | 1,091.00 | 2,861.00 | 3,003.00 | 3,226.00 | 4,011.00 | 3,256.00 | 4,136.00 | 5,508.00 | 3,730.00 | 2,560.00 | 2,700.00 |
| Investments | 38,128.00 | 34,720.00 | 31,114.00 | 29,415.00 | 24,841.00 | 24,871.00 | 28,663.00 | 25,043.00 | 22,053.00 | 17,581.00 | 11,748.00 | 6,943.00 |
| Other Assets | 31,464.00 | 30,237.00 | 29,959.00 | 27,561.00 | 24,898.00 | 21,580.00 | 23,678.00 | 23,185.00 | 20,156.00 | 18,694.00 | 22,237.00 | 21,006.00 |
| Total Assets | 93,637.00 | 88,003.00 | 91,754.00 | 85,831.00 | 77,196.00 | 73,761.00 | 77,311.00 | 71,739.00 | 64,241.00 | 55,898.00 | 51,651.00 | 45,952.00 |
Cash Flows
Annual Β· Rs. Crores β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 18,464.00 | 17,627.00 | 17,179.00 | 18,878.00 | 15,776.00 | 12,527.00 | 14,690.00 | 12,583.00 | 13,169.00 | 10,627.00 | 9,799.00 | 9,843.00 |
| Cash from Investing Activity | -2,321.00 | -564.00 | 1,563.00 | -5,732.00 | -2,238.00 | 5,740.00 | -6,174.00 | -5,546.00 | -7,114.00 | -3,251.00 | -3,921.00 | -5,275.00 |
| Cash from Financing Activity | -16,147.00 | -17,037.00 | -18,551.00 | -13,006.00 | -13,580.00 | -18,634.00 | -8,181.00 | -6,869.00 | -6,221.00 | -7,301.00 | -5,613.00 | -4,661.00 |
| Net Cash Flow | -4.00 | 26.00 | 191.00 | 139.00 | -43.00 | -367.00 | 334.00 | 169.00 | -166.00 | 75.00 | 266.00 | -93.00 |
| Free Cash Flow | 16,332.00 | 15,524.00 | 13,724.00 | 16,184.00 | 13,767.00 | 10,693.00 | 12,276.00 | 9,442.00 | 10,371.00 | 7,556.00 | 7,459.00 | 6,552.00 |
| CFO/OP % | 91.00 | 93.00 | 92.00 | 98.00 | 101.00 | 99.00 | 102.00 | 99.00 | 116.00 | 104.00 | 102.00 | 100.00 |
Ratios
Annual Β· Days / % β latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18.00 | 23.00 | 22.00 | 15.00 | 15.00 | 19.00 | 19.00 | 30.00 | 23.00 | 21.00 | 18.00 | 19.00 |
| Inventory Days | 209.00 | 178.00 | 191.00 | 148.00 | 150.00 | 189.00 | 187.00 | 165.00 | 173.00 | 185.00 | 244.00 | 212.00 |
| Days Payable | 63.00 | 55.00 | 65.00 | 59.00 | 61.00 | 78.00 | 76.00 | 74.00 | 80.00 | 60.00 | 63.00 | 50.00 |
| Cash Conversion Cycle | 164.00 | 146.00 | 148.00 | 105.00 | 104.00 | 129.00 | 129.00 | 122.00 | 115.00 | 145.00 | 199.00 | 181.00 |
| Working Capital Days | 47.00 | 45.00 | 39.00 | 20.00 | 31.00 | 36.00 | 35.00 | 32.00 | 31.00 | 45.00 | 51.00 | -6.00 |
| ROCE % | 39.00 | 37.00 | 36.00 | 39.00 | 33.00 | 28.00 | 32.00 | 34.00 | 34.00 | 36.00 | 40.00 | 47.00 |
Corporate Actions
40 records| Action | Ex Date | Record Date | Ratio | Amount (βΉ) | Notes |
|---|---|---|---|---|---|
| Dividend | 27 May 2026 | 27 May 2026 | β | 8.00 | |
| Dividend | 04 Feb 2026 | 04 Feb 2026 | β | 6.50 | |
| Dividend | 28 May 2025 | 28 May 2025 | β | 7.85 | |
| Dividend | 12 Feb 2025 | 12 Feb 2025 | β | 6.50 | |
| Other | 06 Jan 2025 | 06 Jan 2025 | β | β | Spin Off |
| Other | 06 Jan 2025 | 06 Jan 2025 | β | β | Demerger |
| Dividend | 04 Jun 2024 | 04 Jun 2024 | β | 7.50 | |
| Dividend | 08 Feb 2024 | 08 Feb 2024 | β | 6.25 | |
| Dividend | 30 May 2023 | 30 May 2023 | β | 2.75 | NSE/BSE dividend mismatch: BSE/NSE=6.75; BSE/NSE=2.75 |
| Dividend | 30 May 2023 | 30 May 2023 | β | 6.75 | NSE/BSE dividend mismatch: BSE/NSE=6.75; BSE/NSE=2.75 |
| Dividend | 15 Feb 2023 | 15 Feb 2023 | β | 6.00 | |
| Dividend | 26 May 2022 | 28 May 2022 | β | 6.25 | |
| Dividend | 14 Feb 2022 | 15 Feb 2022 | β | 5.25 | |
| Dividend | 10 Jun 2021 | 11 Jun 2021 | β | 5.75 | |
| Dividend | 22 Feb 2021 | 23 Feb 2021 | β | 5.00 | |
| Dividend | 06 Jul 2020 | β | β | 10.15 | |
| Dividend | 22 May 2019 | β | β | 5.75 | |
| Dividend | 25 May 2018 | β | β | 5.15 | |
| Dividend | 05 Jun 2017 | β | β | 4.75 | |
| Bonus | 01 Jul 2016 | 04 Jul 2016 | 1:2 | β | |
| Dividend | 30 May 2016 | β | β | 8.50 | |
| Dividend | 03 Jun 2015 | β | β | 6.25 | |
| Dividend | 03 Jun 2014 | β | β | 6.00 | |
| Dividend | 31 May 2013 | β | β | 5.25 | |
| Dividend | 11 Jun 2012 | β | β | 4.50 | |
| Dividend | 10 Jun 2011 | β | β | 2.80 | |
| Dividend | 10 Jun 2011 | β | β | 1.65 | |
| Other | 10 Jun 2011 | β | β | β | Dividend Final Rs 2.80 And Special Rs 1.65 Per Share |
| Bonus | 03 Aug 2010 | 04 Aug 2010 | 1:1 | β | |
| Dividend | 09 Jun 2010 | β | β | 10.00 | NSE/BSE dividend mismatch: NSE=4.5; NSE=5.5; BSE=10.0 |
| Dividend | 09 Jun 2010 | β | β | 5.50 | NSE/BSE dividend mismatch: NSE=4.5; NSE=5.5; BSE=10.0 |
| Dividend | 09 Jun 2010 | β | β | 4.50 | NSE/BSE dividend mismatch: NSE=4.5; NSE=5.5; BSE=10.0 |
| Dividend | 13 Jul 2009 | β | β | 3.70 | |
| Dividend | 16 Jul 2008 | β | β | 3.50 | |
| Other | 16 Jul 2008 | β | β | β | Agm/Div-Re. 3.50/- Pr Shr |
| Dividend | 16 Jul 2007 | β | β | 3.10 | |
| Dividend | 10 Jul 2006 | β | β | 2.65 | |
| Bonus | 21 Sep 2005 | 28 Sep 2005 | 1:2 | β | |
| Other | 18 Jul 2005 | β | β | β | Agm/Div.Rs.31/- Per Share |
| Dividend | 03 Jul 2001 | β | β | 10.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results β Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update24 Apr from crisil
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Rating update27 Nov 2025 from icra
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Rating update9 Apr 2025 from crisil
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Rating update29 Nov 2024 from icra
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Rating update26 Sep 2024 from crisil
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Rating update30 Nov 2023 from icra