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ITC shares fall marginally in early trade

ITC's stock was analyzed as Very Bearish as of 2025-08-13 by Moneycontrol analysis.

August 20, 2025 / 09:55 IST
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    Shares of ITC were trading at Rs 407.70 on the NSE at 9:30 am, a decline of 0.34% from the previous close.

    Financial Snapshot:

    Here's a look at ITC's recent financial performance:

    Consolidated Quarterly Results:

    HeadingJun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    RevenueRs 21,494.79 CroreRs 18,765.00 CroreRs 18,790.17 CroreRs 19,990.36 CroreRs 18,457.33 Crore
    Net ProfitRs 5,274.65 CroreRs 19,709.47 CroreRs 5,009.08 CroreRs 5,050.28 CroreRs 5,169.37 Crore
    EPS4.1915.773.953.994.08

    The revenue for the quarter ending June 2025 was Rs 21,494.79 Crore, compared to Rs 18,457.33 Crore for the quarter ending June 2024, indicating an increase. Net profit for the same period was Rs 5,274.65 Crore, slightly higher than the Rs 5,169.37 Crore reported in June 2024. Earnings per share (EPS) also saw a marginal increase, rising from 4.08 to 4.19.

    Consolidated Yearly Results:

    Heading20252024202320222021
    RevenueRs 75,323.34 CroreRs 70,881.00 CroreRs 70,936.85 CroreRs 60,668.09 CroreRs 49,272.78 Crore
    Net ProfitRs 19,926.05 CroreRs 20,723.75 CroreRs 19,427.68 CroreRs 15,485.65 CroreRs 13,389.80 Crore
    EPS27.7916.4215.5012.3710.70
    BVPS55.9659.9955.9550.9849.31
    ROE49.6127.4527.7524.4021.80
    Debt to Equity0.000.000.000.000.00

    The annual revenue for 2025 reached Rs 75,323.34 Crore, showing an increase from Rs 70,881.00 Crore in 2024. However, the net profit saw a slight decrease, from Rs 20,723.75 Crore in 2024 to Rs 19,926.05 Crore in 2025. The Earnings per share (EPS) increased to 27.79 in 2025 from 16.42 in 2024.

    Consolidated Yearly Income Statement:

    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    SalesRs 75,323 CroreRs 70,881 CroreRs 70,936 CroreRs 60,668 CroreRs 49,272 Crore
    Other IncomeRs 2,529 CroreRs 2,727 CroreRs 1,980 CroreRs 1,836 CroreRs 2,632 Crore
    Total IncomeRs 77,853 CroreRs 73,608 CroreRs 72,917 CroreRs 62,504 CroreRs 51,905 Crore
    Total ExpenditureRs 50,991 CroreRs 46,450 CroreRs 47,008 CroreRs 41,742 CroreRs 33,915 Crore
    EBITRs 26,861 CroreRs 27,158 CroreRs 25,909 CroreRs 20,762 CroreRs 17,989 Crore
    InterestRs 45 CroreRs 45 CroreRs 43 CroreRs 39 CroreRs 44 Crore
    TaxRs 6,890 CroreRs 6,388 CroreRs 6,438 CroreRs 5,237 CroreRs 4,555 Crore
    Net ProfitRs 19,926 CroreRs 20,723 CroreRs 19,427 CroreRs 15,485 CroreRs 13,389 Crore

    In the Income statement, the sales for Mar 2025 stood at Rs 75,323 Crore compared to Rs 70,881 Crore in Mar 2024. The net profit was Rs 19,926 Crore for Mar 2025, while it was Rs 20,723 Crore in Mar 2024.

    Consolidated Quarterly Income Statement:

    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    SalesRs 21,494 CroreRs 18,765 CroreRs 18,790 CroreRs 19,990 CroreRs 18,457 Crore
    Other IncomeRs 682 CroreRs 640 CroreRs 595 CroreRs 610 CroreRs 694 Crore
    Total IncomeRs 22,177 CroreRs 19,405 CroreRs 19,386 CroreRs 20,601 CroreRs 19,152 Crore
    Total ExpenditureRs 15,101 CroreRs 12,656 CroreRs 12,844 CroreRs 13,854 CroreRs 12,210 Crore
    EBITRs 7,075 CroreRs 21,401 CroreRs 6,745 CroreRs 6,822 CroreRs 6,941 Crore
    InterestRs 16 CroreRs 10 CroreRs 9 CroreRs 14 CroreRs 11 Crore
    TaxRs 1,784 CroreRs 1,680 CroreRs 1,726 CroreRs 1,757 CroreRs 1,761 Crore
    Net ProfitRs 5,274 CroreRs 19,709 CroreRs 5,009 CroreRs 5,050 CroreRs 5,169 Crore

    The sales for the quarter ending June 2025 were Rs 21,494 Crore, up from Rs 18,457 Crore in June 2024. The net profit also increased from Rs 5,169 Crore to Rs 5,274 Crore for the same period.

    Cash Flow:

    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Operating ActivitiesRs 17,627 CroreRs 17,178 CroreRs 18,877 CroreRs 15,775 CroreRs 12,527 Crore
    Investing ActivitiesRs -395 CroreRs 1,562 CroreRs -5,732 CroreRs -2,238 CroreRs 5,682 Crore
    Financing ActivitiesRs -17,037 CroreRs -18,550 CroreRs -13,006 CroreRs -13,580 CroreRs -18,633 Crore
    OthersRs -168 CroreRs 0 CroreRs 0 CroreRs 0 CroreRs 56 Crore
    Net Cash FlowRs 25 CroreRs 190 CroreRs 139 CroreRs -43 CroreRs -366 Crore

    Cash flow from operating activities was Rs 17,627 Crore for Mar 2025. Financing activities resulted in a cash outflow of Rs -17,037 Crore.

    Balance Sheet:

    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Equities & Liabilities
    Share CapitalRs 1,251 CroreRs 1,248 CroreRs 1,242 CroreRs 1,232 CroreRs 1,230 Crore
    Reserves & SurplusRs 68,778 CroreRs 72,750 CroreRs 67,171 CroreRs 59,906 CroreRs 57,409 Crore
    Current LiabilitiesRs 14,334 CroreRs 13,690 CroreRs 13,739 CroreRs 12,163 CroreRs 10,689 Crore
    Other LiabilitiesRs 3,726 CroreRs 4,136 CroreRs 3,729 CroreRs 3,956 CroreRs 4,488 Crore
    Total LiabilitiesRs 88,090 CroreRs 91,826 CroreRs 85,882 CroreRs 77,259 CroreRs 73,819 Crore
    Assets
    Fixed AssetsRs 22,148 CroreRs 29,901 CroreRs 28,074 CroreRs 26,677 CroreRs 26,530 Crore
    Current AssetsRs 43,893 CroreRs 41,065 CroreRs 39,670 CroreRs 34,232 CroreRs 34,991 Crore
    Other AssetsRs 22,048 CroreRs 20,859 CroreRs 18,137 CroreRs 16,349 CroreRs 12,297 Crore
    Total AssetsRs 88,090 CroreRs 91,826 CroreRs 85,882 CroreRs 77,259 CroreRs 73,819 Crore
    Other Info
    Contingent LiabilitiesRs 2,187 CroreRs 2,292 CroreRs 3,093 CroreRs 3,205 CroreRs 3,527 Crore

    Total assets for Mar 2025 stood at Rs 88,090 Crore, while the total liabilities were Rs 88,090 Crore. The reserves and surplus were Rs 68,778 Crore.

    Financial Ratios:

    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Per Share Ratios
    Basic EPS (Rs.)27.7916.4215.5012.3710.70
    Diluted Eps (Rs.)27.7516.3815.4612.3710.70
    Book Value [Excl. Reval Reserve]/Share (Rs.)55.9659.9955.9550.9849.31
    Dividend/Share (Rs.)14.3513.7515.5011.5010.75
    Face Value11111
    Margin Ratios
    Gross Profit Margin (%)37.8440.8838.9737.0739.85
    Operating Margin (%)35.6638.3236.4234.2236.51
    Net Profit Margin (%)46.3829.2327.3825.5227.17
    Return Ratios
    Return on Networth / Equity (%)49.6127.4527.7524.4021.80
    ROCE (%)36.4134.7635.8131.8928.49
    Return On Assets (%)39.4422.2722.3419.7217.82
    Liquidity Ratios
    Current Ratio (X)3.063.002.892.813.27
    Quick Ratio (X)1.961.952.021.912.29
    Leverage Ratios
    Debt to Equity (x)0.000.000.000.000.00
    Interest Coverage Ratios (X)632.67630.60639.94571.51403.54
    Turnover Ratios
    Asset Turnover Ratio (%)0.840.800.830.7666.74
    Inventory Turnover Ratio (X)1.581.661.841.574.69
    Growth Ratios
    3 Yr CAGR Sales (%)11.4319.9419.8312.016.49
    3 Yr CAGR Net Profit (%)13.4324.4111.659.897.97
    Valuation Ratios
    P/E (x)14.7426.0924.7420.2620.42
    P/B (x)7.327.186.894.954.46
    EV/EBITDA (x)17.8618.2317.0813.5513.48
    P/S (x)6.817.556.725.095.46

    The P/E ratio for ITC is 14.74 as of March 2025. The Debt to Equity ratio remains at 0.00 consistently over the years.

    Corporate Actions:

    ITC has announced several corporate actions, including:

    • Allotment of shares under the Employee Stock Option Schemes of the Company on August 19, 2025.
    • Publication of Notice regarding Re-lodgement of Transfer Requests for shares held in Physical Form on August 12, 2025.

    The company announced a final dividend of Rs 7.85 per share (785%) with an effective date of May 28, 2025, and an interim dividend of Rs 6.50 per share (650%) with an effective date of February 12, 2025.

    ITC had previously issued bonus shares, including a bonus ratio of 1:2 on July 1, 2016.

    A stock split was announced on June 17, 2005, with an ex-split date of September 21, 2005, changing the face value from Rs 10 to Rs 1.

    ITC's stock was analyzed as Very Bearish as of 2025-08-13 by Moneycontrol analysis.

    ITC's stock was analyzed as Very Bearish as of 2025-08-13 by Moneycontrol analysis.

    Alpha Desk
    first published: Aug 20, 2025 09:55 am

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