ITC

ITC LTD

Financial statements & historical fundamentals analysis

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Borrowings	+46	+36	+13	+277	+271	+249	+306	+303	+285	+2,399
Capital Work in Progress	+3,730	+5,508	+4,136	+3,256	+4,011	+3,226	+3,003	+2,861	+1,091	+1,602
Debtor Days	+21	+23	+30	+19	+19	+15	+15	+22	+23	+18
Debtors	+2,474	+2,682	+4,035	+2,562	+2,502	+2,462	+2,956	+4,026	+4,720	+3,923
Equity Share Capital	+1,215	+1,220	+1,226	+1,229	+1,231	+1,232	+1,243	+1,248	+1,251	+1,253
Inventory	+8,116	+7,495	+7,860	+8,879	+10,397	+10,864	+11,771	+14,153	+15,638	+18,623
Inventory Turnover	+5	+6	+6	+6	+5	+6	+6	+5	+5	+4
Investments	+17,581	+22,053	+25,043	+28,663	+24,871	+24,841	+29,415	+31,114	+34,720	+38,128
Net Block	+15,893	+16,524	+19,374	+21,713	+23,298	+24,232	+25,851	+27,820	+21,955	+22,443
Other Assets	+18,694	+20,156	+23,185	+23,678	+21,580	+24,898	+27,561	+29,959	+30,237	+31,464
Other Liabilities	+9,440	+11,695	+12,585	+11,760	+13,143	+14,491	+16,370	+16,944	+17,688	+18,731
Reserves	+45,198	+51,290	+57,915	+64,044	+59,116	+61,223	+67,912	+73,259	+68,779	+71,254
Return on Capital Emp	—	+0	+0	+0	+0	+0	+0	+0	+1	+0
Return on Equity	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0
Total	+55,898	+64,241	+71,739	+77,311	+73,761	+77,196	+85,831	+91,754	+88,003	+93,637
Working Capital	+9,254	+8,461	+10,600	+11,918	+8,438	+10,407	+11,192	+13,015	+12,549	+12,734

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Financing Activity	-7,301	-6,221	-6,869	-8,181	-18,634	-13,581	-13,006	-18,551	-17,037	-16,147
Cash from Investing Activity	-3,251	-7,114	-5,546	-6,174	+5,740	-2,238	-5,732	+1,563	-564	-2,321
Cash from Operating Activity	+10,627	+13,169	+12,583	+14,690	+12,527	+15,776	+18,878	+17,179	+17,627	+18,464
Net Cash Flow	+75	-166	+169	+334	-367	-43	+139	+191	+26	-4

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Depreciation	+1,153	+1,236	+1,397	+1,645	+1,646	+1,732	+1,809	+1,518	+1,646	+1,711	+1,715
Dividend Payout	+1	+1	+1	+1	+1	+1	+1	+1	+1	+1	—
EPS	+8	+9	+10	+12	+11	+12	+15	+16	+28	+17	+16
Expenses	+27,298	+26,928	+29,802	+30,044	+32,193	+40,021	+45,215	+42,744	+49,492	+51,562	+50,806
Interest	+49	+115	+71	+81	+58	+60	+78	+39	+45	+85	+108
Net profit	+10,289	+11,271	+12,592	+15,306	+13,161	+15,243	+19,192	+20,459	+34,747	+20,689	+19,839
Operating Profit	+15,470	+16,521	+18,537	+19,344	+17,065	+20,623	+25,704	+25,188	+25,832	+27,306	+25,682
OPM	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0
Other Income	+1,759	+2,240	+2,080	+2,417	+2,577	+1,910	+2,098	+3,330	+17,803	+2,523	+2,908
Price	+263	+240	+279	+161	+205	+235	+359	+402	+410	+288	+260
Price to earning	+31	+26	+27	+13	+19	+19	+23	+25	+15	+17	+16
Profit before tax	+16,026	+17,409	+19,150	+20,035	+17,938	+20,740	+25,915	+26,961	+41,943	+28,033	+26,766
Sales	+42,768	+43,449	+48,340	+49,388	+49,257	+60,645	+70,919	+67,932	+75,323	+78,868	+76,488
Tax	+5,549	+5,916	+6,314	+4,442	+4,555	+5,237	+6,438	+6,209	+6,890	+7,015	+6,583

Metric	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Depreciation	+385	+403	+416	+416	+411	+423	+435	+431	+422	+428
Expenses	+10,736	+11,233	+13,438	+12,428	+12,246	+14,678	+12,807	+13,165	+10,900	+13,934
Interest	+11	+10	+15	+10	+11	+16	+20	+19	+29	+40
Net profit	+5,121	+5,092	+4,993	+4,935	+19,727	+5,244	+5,126	+4,931	+5,388	+4,394
Operating Profit	+6,302	+6,545	+6,552	+6,362	+6,519	+6,816	+6,695	+6,883	+6,924	+5,181
OPM	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0
Other Income	+868	+771	+690	+803	+15,391	+751	+739	+322	+700	+1,148
Profit before tax	+6,774	+6,903	+6,811	+6,740	+21,489	+7,128	+6,979	+6,754	+7,173	+5,861
Sales	+17,038	+17,778	+19,990	+18,790	+18,765	+21,495	+19,502	+20,047	+17,825	+19,114
Tax	+1,584	+1,726	+1,757	+1,726	+1,681	+1,785	+1,792	+1,736	+1,703	+1,352