ITC Ltd is among the oldest and most versatile conglomerates based in India with a history of over a hundred years of operations in business. The company, which started in 1910, has evolved out of its tobacco based business to be a multi-segments FMCG giant with strongholds in cigarettes, packaged foods, personal care, hotels, paperboards, packaging and agri-business. On the one hand, ITC is one of the most profitable consumer companies in India today, with consistently strong cash flows of cigarettes and high growth rates of non-tobacco FMCG segments. ITC is still a favourite among long-term investors in the Indian stock market with strong brands, wide distribution and high shareholder returns in the form of dividends. This article will explain the complete information about ITC Share Price Details.
ITC Ltd Company Overview
ITC Ltd has a diversified business model that aims at stabilizing and enhancing growth. The largest share of profitability is still attributed to the cigarette business unit of the company where they have the upper hand in terms of market share and pricing power. ICT has been active in diversifying its FMCGs over the years with good brands in foods, personal care and lifestyle products. It is also in the paperboards and packaging business, which enjoys increased demand in e-commerce and sustainable packaging, and the agri business, which helps in sourcing and exportation.
The company has a seed to shelf strategy which is integrated in order to utilize agricultural sourcing, manufacturing efficiency and nationwide distribution networks. This is due to the diversification that will enable ITC to sustain constant profits even in the event that the respective sectors experience decelerations. Its growth in FMCG by asset light has reinforced growth potential in the long term and its investment in premiumization.
| Particulars | Details |
| Company Name | ITC Ltd |
| Founded | 1910 |
| Sector | Diversified FMCG Conglomerate |
| Market Cap | ₹4.16 Lakh Crore |
| Current Price | ₹332 |
| Stock P/E | 20.2 |
| Book Value | ₹56.7 |
| Dividend Yield | 4.32% |
| ROCE | 36.8% |
| ROE | 27.3% |
| Listing | NSE & BSE |
Business Segments
ITC has 4 business major business verticals that have different contribution to revenue and profitability. The cigarette business is the highest profit-generating business, and FMCG-Others has a long-term expansion. Diversification benefits and the supply chain benefits include paperboards and agri segments.
The cigarette segment adds a good percentage of the operating profits as there are high margins and dominance of the brand. FMCG products such as Aashirvaad, Sunfeast, Bingo, YiPPee, Classmate, Savlon and Fiama remain in the market share. In the meantime, the paperboards and the packaging are advantaged by the sustainability trends and the agri division enhances sourcing efficiency and export.
| Segment | Key Contribution | Highlights |
| FMCG Cigarettes | Highest profit contributor | ~80% organized market share |
| FMCG Others | Fastest growth segment | Foods, personal care, lifestyle brands |
| Paperboards & Packaging | Stable earnings | Packaging demand rising |
| Agri Business | Supply chain backbone | Export and sourcing strength |
ITC Share Recent news about Price Jump
This is following a steep upward trend observed in ITC shares in the recent past that was attributed to a major increase in the price of cigarettes in both the high end and medium-end products. An increase of approximately 40 percent in the premium variants and an increase of approximately 1920 percent in the mid-range product boosted investor confidence as cigarettes happen to be the most lucrative line of the business in ITC. Peer companies like Godfrey Phillips and VST industries were also boosted by the rally which was a sign of a new hope in the tobacco industry. It was the third gains session of ITC that was in itself, however, still trailing the Nifty index in the last one year.
| Factor | Impact |
| Cigarette Price Hike | Improved margins outlook |
| Premium Segment Increase | ~40% |
| Mid-Value Segment Increase | ~19–20% |
| Peer Stock Movement | 12–16% rally |
| Recent Trend | 3 consecutive gaining sessions |
| 1-Year Performance | Down ~18.6% |
ITC Current Share Price Details
ITC shares move around ₹327.20 per share as compared to ₹317.95 in the earlier sessions. The stock was launched at the price of about ₹321.95 and recorded good volumes of trading of approximately 2.4 crore shares. The VWAP was at ₹324.93, which shows that institutions are involved. The firm has been sustaining a high profitability due to the diversified FMCG activities and large cigarette margins, which is demonstrated by the healthy earnings profile and consistent valuation ratios.
| Indicator | Value |
| Latest Price | ₹327.20 |
| Previous Close | ₹326.95 |
| Opening Price | ₹325.05 |
| VWAP | ₹324.93 |
| Volume | 2.48+ Crore Shares |
| EPS (TTM) | ₹27.96 |
| P/E Ratio | 11.64 |
ITC Share NSE Trading Details
ITC is one of the most traded FMCG stocks on the NSE that are relatively less volatile than major markets. Recently the stock was in the range of 330.85 with a beta of 0.91 which implies a reduced market risk. There are technical signs like 20-day EMA crossover which has been known to indicate short term bull momentum. ITC remains on the leading position in terms of market capitalization in the tobacco industry.
| Parameter | Data |
| NSE Symbol | ITC |
| Current Price | ₹327.20 |
| Beta | 0.91 |
| Price to Book | 5.66 |
| 52-Week Range | ₹302 – ₹444 |
| Technical Signal | 20-Day EMA Crossover |
| Sector Rank | #1 Tobacco Company |
ITC Share Share Price Short Term Targets
Market analysts have an optimistic view on the short term of ITC that is supported by price increases and rising margins in cigarettes and FMCGs products. It is predicted that the potential target is between ₹450 and ₹567 in the upcoming 12 months with an average forecast of 495. There are BUY recommendations issued by brokerage houses such as JM Financial and Axis Securities although many analysts have been cautious since the underperformance that has been witnessed in the recent past.
| Target Type | Price Estimate |
| Minimum Target | ₹450 |
| Average Target | ₹495 |
| Maximum Target | ₹567 |
| Analyst Coverage | 35 Analysts |
| Recommendations | 13 Buy, 15 Hold |
| Key Drivers | Pricing power & ROE strength |
ITC Share Dividend Information
ITC still remains as one of the best dividend paying companies in India. The company has a high payout ratio and steady cash flows as it has a dividend yield of more than 4 per cent. The dividends are usually distributed semi-annually which makes the stock appealing to the income oriented investors. The most recent interim dividend was 6.5 per share with a preceding final dividend of 7.85.
| Dividend Metric | Details |
| Dividend Yield | 4.41% |
| Annual Dividend | ₹14.35 per share |
| Interim Dividend | ₹6.5 |
| Final Dividend | ₹7.85 |
| Last Ex-Date | May 28, 2025 |
| Payout Nature | Semi-Annual |
ITC Share Price History Overview
The performance of ITC over the long run is characterized by periods of high rallies and consolidation. In September 2024, the stock hit an all-time high of close to 528.50 and then reversed due to sectoral factors. Long-term investors have experienced a stable growth of capital gains with dividends but have suffered losses in the recent times.
| Year | Closing Price (₹) | YoY Change | 52W High/Low |
| 2025 | 416.80 | -13.9% | 491 / 390 |
| 2024 | 483.65 | 8.0% | 528 / 392 |
| 2023 | 447.47 | 43.7% | 483 / 306 |
| 2022 | 311.32 | 59.2% | 339 / 187 |
| 2021 | 195.54 | 9.7% | 237 / 170 |
ITC Share Price 2026 Target Outlook
In the case of 2026, analysts believe that ITC shares will carry to 500 levels provided momentum in earnings is maintained. Margins in FMCGs, power in cigarette pricing and debt free balance sheet are favourable to positive expectations. Its performance will however be based on future quarterly performance and the sentiment of the FMCG sector.
| Forecast Metric | Estimate |
| 2026 Target (Mid Case) | ₹500 |
| Average 1-Year Forecast | ₹495 |
| Revenue CAGR (3Y) | ~7.5% |
| Key Catalyst | FMCG growth & pricing |
| Risk | Sector underperformance |
ITC Share Price Long-Term Targets (2030 Outlook)
The prospects of ITC are hopeful in the long term as a result of diversification in FMCG, hotels and agri-business segments. Analysts project possible prices of 760 to 795 in 2030 on the basis of continued growth in earnings, maintaining a steady margin, and expansion in non-tobacco operations. Further premiumization and brand growth will be a significant source of valuation re-rating.
| Year | Expected Range (₹) | Growth Drivers |
| 2029 | 720 – 755 | FMCG expansion |
| 2030 | 760 – 795 | Diversification & margin growth |
| Key Assumption | Stable EBITDA margins | |
| Risk Factor | Tobacco regulations |
ITC Ltd Quarterly Financial Performance
Recent quarterly performance indicates a consistent revenue growth, which was backed by cigarettes and FMCG growth. The company has a good operating margin of more than 30 which indicates effective cost management. The stability in the net profits denotes the stability even when there are slowdowns in consumption.
The company was registering quarterly sales of more than 20,000 crore operating profit of almost 6,800 crore. The profitability is maintained even when the cost of inputs is changing and other macroeconomic factors are present.
| Quarter | Sales (₹ Cr) | Operating Profit (₹ Cr) | Net Profit (₹ Cr) | OPM |
| Sep 2024 | 19,990 | 6,552 | 5,054 | 33% |
| Dec 2024 | 18,790 | 6,362 | 5,013 | 34% |
| Jun 2025 | 21,495 | 6,816 | 5,343 | 32% |
| Dec 2025 | 20,047 | 6,883 | 5,018 | 34% |
ITC Ltd Long-Term Profit & Loss Performance
ITC has been able to sustain revenue and profit growth as opposed to aggressive expansion over the past ten years. Sales have increased slowly and the profitability has been enhanced through operational efficiencies and launch of high quality products. Consistent operating margins and high cash generation are the strengths of the company in the long time. ITC is a defensive stock that has not been affected by economic disruptions as it has continued to grow profitability.
| Year | Sales (₹ Cr) | Operating Profit (₹ Cr) | Net Profit (₹ Cr) |
| FY2019 | 48,340 | 18,537 | 12,836 |
| FY2022 | 60,645 | 20,623 | 15,503 |
| FY2023 | 70,919 | 25,704 | 19,477 |
| FY2025 | 75,323 | 25,839 | 35,052 |
| TTM | 79,809 | 26,913 | 35,356 |
Balance Sheet Strength
ITC has one of the best balance sheets of the Indian large-cap companies. The company has a small amount of debt and a huge reserve providing it to maintain dividend payments and invest in strategic areas. Good reserves and minimal borrowings lead to financial flexibility in expansion and acquisitions as well as shareholder returns remain.
| Item | Latest Value (₹ Cr) |
| Equity Capital | 1,253 |
| Reserves | 69,819 |
| Borrowings | 363 |
| Total Assets | 90,803 |
| Fixed Assets | 22,400 |
ITC Ltd Cash Flow Analysis
ITC has high operating cash flows that are as a result of its high margin cigarette business and effective working capital management. The majority of cash is refunded to the shareholders through the dividends and buy back.
Regular operating cash flow is also sustainable when the economy is slowing and will be used to invest in the growth of FMCG.
| Cash Flow Type | FY2025 (₹ Cr) |
| Operating Cash Flow | 17,627 |
| Investing Cash Flow | -564 |
| Financing Cash Flow | -17,037 |
| Net Cash Flow | 26 |
ITC Ltd Financial Ratios and Efficiency
The financial ratios of ITC show that it is an efficient and profitable operation. ROE and ROCE are still on the top of the large-cap FMCG companies.
| Ratio | Value |
| ROCE | 36.8% |
| ROE | 27.3% |
| Operating Margin | ~34% |
| Debt Level | Very Low |
| Working Capital Days | 45 |
ITC Shareholding Pattern
The institutional ownership is high and it indicates confidence of the investors. The proportion of the domestic institutional investors holding steadily increased whereas the proportion of the foreign investor holdings has slightly decreased.
| Category | Dec 2025 Holding |
| FIIs | 36.11% |
| DIIs | 48.90% |
| Public | 14.95% |
| Government | 0.04% |
Growth Drivers
The future development of ITC will be greatly reliant on the increase in its FMCG non-cigarette business. Key drivers are the increasing rural demand, premiumization, and brand expansion. The company has kept on introducing value added food and personal care products to compete with the existing FMCG giants. Sustainability trends and increased demand for eco-friendly materials are also applicable in packaging and paperboard segments. Moreover, the electronic trade and the growth of modern trade enhance market penetration.
Risks and Challenges
ITC has strong fundamentals, but it has regulatory risks because of being reliant on cigarettes. Volume growth can be affected by tax increases and health laws. Competition in the FMCGs by international and local actors also computes bites on the margins at the growth stages.
The other issue is the slow growth in the overall sales in comparison to their peers. Nevertheless, the diversification initiatives are to decrease the reliance on tobacco in the long run.
Future Outlook
ITC is slowly moving towards being a diversified FMCG powerhouse and not a tobacco-focused company. The long-term revenues will increase as a result of further investment in foods, personal care, and high-end segments. ITC has high dividend yield, stable earnings and sound balance sheet that would attract conservative investors. In the longer term, the re-rating of valuation of better FMCG profitability would be closer to the peers.
Conclusion
ITC Ltd is a stable, profitable and income-generating investment in the Indian stock market that is uncommon. The prevailing cigarette business in the company gives the company reliable cash flows and FMCG and packaging segments gives the company future growth opportunities. ITC has strong ratios of returns, low debt and a steady dividend payment that makes it a better choice by long-term investors who do not want rapid growth but stable returns. Regulatory risks and slow sales growth may be challenges, but due to its diversified structure and disciplined use of capital, ITC uses this as a strong large-cap stock with its long-term potential.
FAQs
ITC engages in operations of cigarettes, FMCG products, paperboards, packaging, and agri business.
It is true that ITC has high dividend payouts and yields currently are over 4%.
It is resilient in market volatility since it has stable cash flows, strong margins, and stable profits.
The cigarette segment is the one that generates most of the profits because of high margins.
Long-term investors who would like to get constant income and middle-range growth prospects prefer ITC.
Read More:
Gem Aromatics Ltd Share Price 2026: Latest Price, IPO Review, Targets & Future Growth Analysis
