ITC LTD
ITC is one of India’s foremost private sector
companies and a diversified conglomerate with
businesses spanning Fast Moving Consumer
Goods, Hotels, Paperboards and Packaging, Agri
Business and Information Technology. The
Company is acknowledged as one of India’s most
valuable business corporations with a Gross
Revenue of ₹ 69,481 crores and Net Profit of ₹
18,753.31 crores (as on 31.03.2023). ITC was
ranked as India’s most admired company,
according to a survey conducted by Fortune
India, in association with Hay Group.
Key Business
- Fast Moving Consumer Goods (FMCG)
- Hotels
- ITC Paperboards & Specialty Papers
- ITC’s Packaging & Printing Business
- Agri Commodities & Rural Services
- ITC’s Information Technology Services
- ITC Brandworld
Shareholding Pattern
PUBLIC
PROMOTER
Financial Summary
| Particulars | March 2024 | March 2023 | March 2022 |
| Sales | 70,881 | 70,919 | 60,645 |
| Sales Growth % | -0.05% | 16.94% | 23.12% |
| Expenses | 44,627 | 45,215 | 40,021 |
| Operating Profit | 26,254 | 25,704 | 20,623 |
| OPM % | 37% | 36% | 34% |
| Profit after tax | 20,724 | 19,477 | 15,503 |
| EPS in Rs | 16.39 | 15.44 | 12.37 |
Synopsis of Financials
- Gross Revenue at ` 69480.89 crores increased by 17.6%,while EBITDA increased by 26.5% to ` 23944.47 crores.
- The Agri Business Segment delivered a resilient performance with Segment Revenue and Results growing by 12.2% and 28.8% respectively.
- Profit Before Tax and Exceptional items at ` 24677.54 crores grew by 24.4% over previous year and Profit After Tax stood at ` 18753.31 crores (previous year ` 15057.83 crores).
Final Outlook
ITC Stock started a downfall in the 4 th quarter as British American Tobacco(BAT) which is the largest tobacco company in the world has disinvested and sold its stake which impacted ITC very seriously as its main business is also of tobacco
BUY, HOLD for long term is advisable as there are many long term projects and expansion plans on the way which will give it a push in the market and as I observed ITC started reaching its peak in JUL 2023 itself otherwise it was showing not much growth.
The Profit after tax is showing a growth of 3% YOY expenses were also decreased. And EPS is also in increasing trend which shows that company generates a good amount of profits for its shareholders
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