ITC Ltd

NSE: ITC BSE: 500875

₹264.65

+3.15 (1.20%)

Sat, 24 Oct 2026, 05:03 am

MTF 5xInvest in ITC Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)327109.12

PE Ratio16.71

Dividend5.55

Consumer Non-Durables

Tobacco

24.5K

ITC Income Statement

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	103.13B	126.69B	146.59B	163.32B	191.36B	222.74B	261.80B	313.23B	349.85B	384.33B	391.17B	426.36B	433.55B	482.40B	492.73B	492.21B	603.92B	706.25B	676.86B	750.17B
Gross profit	42.04B	50.35B	56.20B	80.72B	88.07B	45.92B	123.70B	145.46B	163.70B	178.37B	189.40B	195.02B	201.45B	223.73B	230.42B	205.31B	244.25B	302.74B	307.19B	319.71B
Operating expenses (excl. COGS)	-11.08B	-13.35B	-16.10B	-35.20B	-30.74B	-37.13B	-42.23B	-45.10B	-44.83B	-50.81B	-54.32B	-53.27B	-49.58B	-53.45B	-54.68B	-51.45B	-57.98B	-66.78B	-68.81B	-76.14B
Selling/general/admin expenses, total	-10.63B	-12.88B	-15.55B	-29.57B	-30.97B	-33.86B	-38.92B	-41.02B	-42.38B	-45.83B	-48.62B	-47.53B	-47.28B	-50.58B	-53.16B	-50.12B	-56.62B	-65.10B	-66.63B	-74.31B
Research & development	-348.30M	-354.30M	-467.30M	-643.90M	-773.50M	-905.60M	-879.60M	-1.09B	-1.17B	-1.06B	-1.22B	-1.35B	-1.31B	-1.46B	-1.42B	-1.31B	-1.44B	-1.61B	-1.70B	-1.88B
Selling/general/admin expenses, other	-10.29B	-12.53B	-15.08B	-28.92B	-30.19B	-32.96B	-38.04B	-39.92B	-41.21B	-44.77B	-47.40B	-46.18B	-45.98B	-49.13B	-51.75B	-48.81B	-55.18B	-63.49B	-64.93B	-72.44B
Other operating expenses, total	-448.40M	-467.80M	-552.40M	-5.63B	224.30M	-3.27B	-3.31B	-4.09B	-2.45B	-4.99B	-5.70B	-5.74B	-2.30B	-2.86B	-1.52B	-1.32B	-1.36B	-1.68B	-2.18B	-1.83B
Operating income	30.96B	37.00B	40.10B	45.52B	57.33B	8.79B	81.53B	100.36B	118.96B	127.55B	134.33B	141.76B	151.86B	170.29B	175.74B	153.86B	186.27B	235.96B	238.37B	243.57B
Non-operating income, total	2.82B	3.49B	6.65B	4.33B	5.13B	65.56B	10.15B	10.69B	11.56B	16.07B	14.18B	18.50B	22.15B	21.10B	24.52B	25.59B	20.96B	22.70B	25.48B	24.60B
Interest expense, net of interest capitalized	-190.00M	-118.50M	-140.90M	-290.40M	-735.40M	-608.40M	-695.60M	-666.80M	-63.70M	-909.60M	-781.30M	-490.30M	-1.15B	-714.00M	-813.80M	-579.70M	-599.90M	-777.70M	-391.10M	-450.60M
Interest capitalized	0	0	0	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	3.10B	3.33B	4.69B	4.78B	5.96B	66.17B	10.84B	11.45B	11.98B	16.83B	14.52B	12.36B	11.35B	15.62B	19.48B	26.12B	21.56B	21.76B	19.31B	17.50B
Non-operating interest income	224.70M	364.60M	1.20B	2.28B	2.96B	1.28B	3.22B	3.43B	4.16B	6.19B	8.81B	9.03B	9.65B	13.13B	15.22B	12.98B	10.83B	15.34B	16.97B	14.89B
Miscellaneous non-operating expense	2.87B	2.97B	3.49B	2.50B	3.00B	64.89B	7.62B	8.03B	7.82B	10.64B	5.71B	3.27B	1.70B	1.37B	2.95B	13.14B	10.73B	6.42B	2.34B	2.62B
Unusual income/expense	-90.60M	280.10M	2.10B	-159.40M	-99.50M	—	—	-93.50M	-358.40M	144.00M	445.00M	6.64B	11.96B	6.19B	5.86B	46.70M	0	1.72B	6.57B	7.54B
Pretax income	33.77B	40.49B	46.75B	49.85B	62.46B	74.35B	91.68B	111.06B	130.52B	143.62B	148.51B	160.26B	174.02B	191.38B	200.26B	179.45B	207.23B	258.66B	263.86B	268.17B
Taxes	-10.24B	-12.75B	-14.97B	-16.25B	-20.35B	-23.65B	-28.46B	-34.12B	-40.61B	-45.96B	-53.58B	-55.49B	-59.16B	-63.14B	-44.42B	-45.55B	-52.37B	-64.38B	-62.09B	-68.90B
Non-controlling/minority interest	-185.00M	-257.10M	-282.70M	-409.30M	-488.40M	-611.00M	-755.30M	-963.80M	-1.10B	-1.15B	-1.56B	-1.88B	-2.21B	-2.44B	-2.87B	-2.22B	-2.60B	-2.85B	-2.93B	-3.06B
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	198.98B	197.31B
Net income	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	204.59B	347.47B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	204.59B	347.47B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	34.55B	40.94B	44.83B	51.33B	63.77B	15.78B	88.93B	108.95B	128.52B	137.83B	145.85B	153.29B	164.23B	184.25B	192.13B	170.20B	203.47B	253.93B	253.43B	259.90B
EBIT	30.96B	37.00B	40.10B	45.52B	57.33B	8.79B	81.48B	100.36B	118.87B	127.55B	135.08B	141.76B	151.86B	170.29B	175.74B	153.86B	186.27B	235.96B	238.37B	243.57B
Total operating expenses	-72.17B	-89.69B	-106.49B	-117.80B	-134.03B	-213.95B	-180.26B	-212.87B	-230.89B	-256.78B	-256.84B	-284.60B	-281.68B	-312.12B	-316.99B	-338.34B	-417.65B	-470.29B	-438.48B	-506.60B
Prepaid expenses	—	—	—	3.81B	2.67B	2.04B	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred income, current	—	—	—	—	—	—	13.70M	14.30M	—	—	8.14B	5.05B	4.72B	4.30B	7.13B	8.11B	12.78B	12.95B	8.86B	12.64B
Capital and operating lease obligations	0	0	0	0	909.10M	0	0	0	0	0	0	0	0	0	2.04B	2.07B	1.94B	2.13B	1.37B	1.37B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	5.60B	7.39B	8.41B	11.72B	11.32B	12.21B	13.08B	17.18B	17.53B	21.15B	18.80B	18.79B	19.23B	20.52B	16.27B	17.36B	16.73B	16.29B	21.41B	25.82B
Deferred income, non-current	—	—	—	0	0	0	0	0	0	0	41.50M	31.40M	38.90M	65.10M	162.00M	155.40M	364.30M	828.40M	4.34B	3.01B
Minority interest	817.50M	1.08B	1.13B	1.30B	1.26B	1.41B	1.57B	1.80B	2.03B	2.25B	2.61B	2.95B	3.34B	3.43B	3.77B	3.47B	3.66B	3.84B	3.83B	3.68B
Change in accrued expenses	—	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-8.85B	-11.42B	-13.83B	-13.39B	-14.49B	-38.66B	-35.03B	-35.92B	-42.39B	-56.88B	-61.25B	-83.33B	-70.88B	-77.33B	-87.09B	-188.67B	-137.88B	-154.18B	-198.99B	-177.82B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	103.13B	126.69B	146.59B	163.32B	191.36B	222.74B	261.80B	313.23B	349.85B	384.33B	391.17B	426.36B	433.55B	482.40B	492.73B	492.21B	603.92B	706.25B	676.86B	750.17B
Gross profit	42.04B	50.35B	56.20B	80.72B	88.07B	45.92B	123.70B	145.46B	163.70B	178.37B	189.40B	195.02B	201.45B	223.73B	230.42B	205.31B	244.25B	302.74B	307.19B	319.71B
Operating expenses (excl. COGS)	-11.08B	-13.35B	-16.10B	-35.20B	-30.74B	-37.13B	-42.23B	-45.10B	-44.83B	-50.81B	-54.32B	-53.27B	-49.58B	-53.45B	-54.68B	-51.45B	-57.98B	-66.78B	-68.81B	-76.14B
Selling/general/admin expenses, total	-10.63B	-12.88B	-15.55B	-29.57B	-30.97B	-33.86B	-38.92B	-41.02B	-42.38B	-45.83B	-48.62B	-47.53B	-47.28B	-50.58B	-53.16B	-50.12B	-56.62B	-65.10B	-66.63B	-74.31B
Research & development	-348.30M	-354.30M	-467.30M	-643.90M	-773.50M	-905.60M	-879.60M	-1.09B	-1.17B	-1.06B	-1.22B	-1.35B	-1.31B	-1.46B	-1.42B	-1.31B	-1.44B	-1.61B	-1.70B	-1.88B
Selling/general/admin expenses, other	-10.29B	-12.53B	-15.08B	-28.92B	-30.19B	-32.96B	-38.04B	-39.92B	-41.21B	-44.77B	-47.40B	-46.18B	-45.98B	-49.13B	-51.75B	-48.81B	-55.18B	-63.49B	-64.93B	-72.44B
Other operating expenses, total	-448.40M	-467.80M	-552.40M	-5.63B	224.30M	-3.27B	-3.31B	-4.09B	-2.45B	-4.99B	-5.70B	-5.74B	-2.30B	-2.86B	-1.52B	-1.32B	-1.36B	-1.68B	-2.18B	-1.83B
Operating income	30.96B	37.00B	40.10B	45.52B	57.33B	8.79B	81.53B	100.36B	118.96B	127.55B	134.33B	141.76B	151.86B	170.29B	175.74B	153.86B	186.27B	235.96B	238.37B	243.57B
Non-operating income, total	2.82B	3.49B	6.65B	4.33B	5.13B	65.56B	10.15B	10.69B	11.56B	16.07B	14.18B	18.50B	22.15B	21.10B	24.52B	25.59B	20.96B	22.70B	25.48B	24.60B
Interest expense, net of interest capitalized	-190.00M	-118.50M	-140.90M	-290.40M	-735.40M	-608.40M	-695.60M	-666.80M	-63.70M	-909.60M	-781.30M	-490.30M	-1.15B	-714.00M	-813.80M	-579.70M	-599.90M	-777.70M	-391.10M	-450.60M
Interest capitalized	0	0	0	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	3.10B	3.33B	4.69B	4.78B	5.96B	66.17B	10.84B	11.45B	11.98B	16.83B	14.52B	12.36B	11.35B	15.62B	19.48B	26.12B	21.56B	21.76B	19.31B	17.50B
Non-operating interest income	224.70M	364.60M	1.20B	2.28B	2.96B	1.28B	3.22B	3.43B	4.16B	6.19B	8.81B	9.03B	9.65B	13.13B	15.22B	12.98B	10.83B	15.34B	16.97B	14.89B
Miscellaneous non-operating expense	2.87B	2.97B	3.49B	2.50B	3.00B	64.89B	7.62B	8.03B	7.82B	10.64B	5.71B	3.27B	1.70B	1.37B	2.95B	13.14B	10.73B	6.42B	2.34B	2.62B
Unusual income/expense	-90.60M	280.10M	2.10B	-159.40M	-99.50M	—	—	-93.50M	-358.40M	144.00M	445.00M	6.64B	11.96B	6.19B	5.86B	46.70M	0	1.72B	6.57B	7.54B
Pretax income	33.77B	40.49B	46.75B	49.85B	62.46B	74.35B	91.68B	111.06B	130.52B	143.62B	148.51B	160.26B	174.02B	191.38B	200.26B	179.45B	207.23B	258.66B	263.86B	268.17B
Taxes	-10.24B	-12.75B	-14.97B	-16.25B	-20.35B	-23.65B	-28.46B	-34.12B	-40.61B	-45.96B	-53.58B	-55.49B	-59.16B	-63.14B	-44.42B	-45.55B	-52.37B	-64.38B	-62.09B	-68.90B
Non-controlling/minority interest	-185.00M	-257.10M	-282.70M	-409.30M	-488.40M	-611.00M	-755.30M	-963.80M	-1.10B	-1.15B	-1.56B	-1.88B	-2.21B	-2.44B	-2.87B	-2.22B	-2.60B	-2.85B	-2.93B	-3.06B
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	198.98B	197.31B
Net income	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	204.59B	347.47B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	23.40B	27.55B	31.58B	33.25B	41.68B	50.18B	62.58B	76.08B	88.91B	96.63B	93.44B	102.89B	112.71B	125.92B	153.06B	131.61B	152.43B	191.92B	204.59B	347.47B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	34.55B	40.94B	44.83B	51.33B	63.77B	15.78B	88.93B	108.95B	128.52B	137.83B	145.85B	153.29B	164.23B	184.25B	192.13B	170.20B	203.47B	253.93B	253.43B	259.90B
EBIT	30.96B	37.00B	40.10B	45.52B	57.33B	8.79B	81.48B	100.36B	118.87B	127.55B	135.08B	141.76B	151.86B	170.29B	175.74B	153.86B	186.27B	235.96B	238.37B	243.57B
Total operating expenses	-72.17B	-89.69B	-106.49B	-117.80B	-134.03B	-213.95B	-180.26B	-212.87B	-230.89B	-256.78B	-256.84B	-284.60B	-281.68B	-312.12B	-316.99B	-338.34B	-417.65B	-470.29B	-438.48B	-506.60B
Prepaid expenses	—	—	—	3.81B	2.67B	2.04B	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred income, current	—	—	—	—	—	—	13.70M	14.30M	—	—	8.14B	5.05B	4.72B	4.30B	7.13B	8.11B	12.78B	12.95B	8.86B	12.64B
Capital and operating lease obligations	0	0	0	0	909.10M	0	0	0	0	0	0	0	0	0	2.04B	2.07B	1.94B	2.13B	1.37B	1.37B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	5.60B	7.39B	8.41B	11.72B	11.32B	12.21B	13.08B	17.18B	17.53B	21.15B	18.80B	18.79B	19.23B	20.52B	16.27B	17.36B	16.73B	16.29B	21.41B	25.82B
Deferred income, non-current	—	—	—	0	0	0	0	0	0	0	41.50M	31.40M	38.90M	65.10M	162.00M	155.40M	364.30M	828.40M	4.34B	3.01B
Minority interest	817.50M	1.08B	1.13B	1.30B	1.26B	1.41B	1.57B	1.80B	2.03B	2.25B	2.61B	2.95B	3.34B	3.43B	3.77B	3.47B	3.66B	3.84B	3.83B	3.68B
Change in accrued expenses	—	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-8.85B	-11.42B	-13.83B	-13.39B	-14.49B	-38.66B	-35.03B	-35.92B	-42.39B	-56.88B	-61.25B	-83.33B	-70.88B	-77.33B	-87.09B	-188.67B	-137.88B	-154.18B	-198.99B	-177.82B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0