Arthneeti

ITC Q2 FY27 Share Price & Earnings Call Analysis

Part of: Nifty 50 · Nifty 100 · Nifty FMCG · NIFTY100 Quality 30 · Nifty India Consumption · Nifty100 Low Volatility 30 · +5 more

₹280.00+2.23% today
Market cap
₹3.51L Cr
P/E
17.77
ROE
29.32%
PEG
5.98
Price to sales
4.58
Debt to equity
0.03
52W high / low
₹409 / ₹255
Sales growth (5Y)
9.87%
EBITDA margin
33.58%
Net profit margin
26.91%
Sales (last year)
₹76,488 Cr

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does ITC rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

ITC announcements

All announcements →

Financials of ITC

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

ITC

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
FIIs +43.26%40.95%40.47%40.53%40.17%39.87%37.98%37.39%36.11%34.83%34.23%33.22%
DIIs +41.98%43.76%44.02%44.59%44.91%45.19%46.91%47.41%48.90%49.15%49.13%49.81%
Government +0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%
Public +14.71%15.23%15.47%14.83%14.88%14.90%15.07%15.16%14.95%15.96%16.61%16.93%
No. of Shareholders33,35,81536,48,53737,56,54135,68,56037,10,16936,47,88636,48,98936,66,40736,08,15740,41,65341,52,43042,18,619

Financials of ITC

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +17,77417,19517,03817,77819,99018,79018,76521,49519,50220,04717,82519,11420,269
YoY Sales growth+4%-3%-3%+4%+12%+9%+10%+21%-2%+7%-5%-11%+4%
Expenses +11,32010,98510,73611,23313,43812,42812,24614,67812,80713,16510,90013,93414,624
Operating Profit6,4546,2106,3026,5456,5526,3626,5196,8166,6956,8836,9245,1815,645
OPM %36%36%37%37%33%34%35%32%34%34%39%27%28%
Other Income +67482086877169080315,3917517393227001,148579
Interest10121110151011162019294038
Depreciation453384385403416416411423435431422428491
Profit before tax6,6656,6356,7746,9036,8116,74021,4897,1286,9796,7547,1735,8615,695
Tax %26%19%23%25%26%26%8%25%26%26%24%23%26%
Net Profit +4,9655,4075,1915,1775,0545,01319,8085,3435,1875,0185,4704,5094,229
EPS in Rs3.934.284.104.083.993.9415.764.194.093.944.303.513.33

Financials of ITC

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +38,81739,19242,76843,44948,34049,38849,25760,64570,91967,93275,32378,86877,255
Sales growth+10%+1%+9%+2%+11%+2%-0%+23%+17%-4%+11%+5%-2%
Expenses +24,56624,66127,29826,92829,80230,04432,19340,02145,21542,74449,49251,56252,623
Operating Profit14,25214,53115,47016,52118,53719,34417,06520,62325,70425,18825,83227,30624,632
OPM %37%37%36%38%38%39%35%34%36%37%34%35%32%
Other Income +1,2291,4831,7592,2402,0802,4172,5771,9102,0983,33017,8032,5232,748
Interest9178491157181586078394585127
Depreciation1,0281,0771,1531,2361,3971,6451,6461,7321,8091,5181,6461,7111,771
Profit before tax14,36214,85916,02617,40919,15020,03517,93820,74025,91526,96141,94328,03325,482
Tax %32%36%35%34%33%22%25%25%25%23%16%25%
Net Profit +9,7799,50110,47711,49312,83615,59313,38315,50319,47720,75135,05221,01819,226
EPS in Rs8.047.748.479.2410.2712.4510.6912.3715.4416.3927.7716.5115.08
Dividend Payout %52%73%56%56%56%82%101%93%100%84%52%88%

Financials of ITC

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital8028051,2151,2201,2261,2291,2311,2321,2431,2481,2511,2531,253
Reserves30,93441,87545,19851,29057,91564,04459,11661,22367,91273,25968,77971,25470,149
Borrowings +269844636132772712493063032852,399491
Other Liabilities +13,9488,8889,44011,69512,58511,76013,14314,49116,37016,94417,68818,73124,462
Total Liabilities45,95251,65155,89864,24171,73977,31173,76177,19685,83191,75488,00393,63796,356
Fixed Assets +15,30315,10715,89316,52419,37421,71323,29824,23225,85127,82021,95522,44326,766
CWIP2,7002,5603,7305,5084,1363,2564,0113,2263,0032,8611,0911,6021,924
Investments6,94311,74817,58122,05325,04328,66324,87124,84129,41531,11434,72038,12830,135
Other Assets +21,00622,23718,69420,15623,18523,67821,58024,89827,56129,95930,23731,46437,530
Total Assets45,95251,65155,89864,24171,73977,31173,76177,19685,83191,75488,00393,63796,356

Financials of ITC

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +9,8439,79910,62713,16912,58314,69012,52715,77618,87817,17917,62718,464
Cash from Investing Activity +-5,275-3,921-3,251-7,114-5,546-6,1745,740-2,238-5,7321,563-564-2,321
Cash from Financing Activity +-4,661-5,613-7,301-6,221-6,869-8,181-18,634-13,580-13,006-18,551-17,037-16,147
Net Cash Flow-9326675-166169334-367-4313919126-4
Free Cash Flow6,5527,4597,55610,3719,44212,27610,69313,76716,18413,72415,52416,332
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit100%102%104%116%99%102%99%101%98%92%93%91%

Financials of ITC

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days191821233019191515222318
Inventory Days212244185173165187189150148191178209
Days Payable506360807476786159655563
Cash Conversion Cycle181199145115122129129104105148146164
Working Capital Days-65145313235363120394547
ROCE %47%40%36%34%34%32%28%33%39%36%37%39%
17out of 100

Momentum score · price trend

17 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,918 stocks
Last 12 months−31.5%18%
Last 6 months−9.9%37%
Last 3 months−2.4%59%

The price is 42.9% below its all-time high of ₹489.98 (27 Sept 2024). Stocks more than 20% below their peak have their score halved, so 34 became 17.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,918 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For ITC: 0.4 × 18 + 0.4 × 37 + 0.2 × 59 = 34, halved to 17 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 4 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What ITC's management said in earlier quarters

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