āagman

Not investment advice. Data and computed figures, for information only.

ITI Ltd

NSE: ITI
₹242.63
−₹1.41 (−0.58%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹23,128 Cr
CMP
₹242.63
52-wk High / Low
₹351 / 236
P/B
12.1
Book Value
₹19.8
Div Yield
0.00%
ROCE
1.0%
ROE
−8.9%
Face Value
₹10
D/E
0.40

Price−28.7% over 1Y

āagman read

Computed by āagman
Derived from 10 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹37
√(22.5 × EPS × book value per share)
ROIC
−0.4%
vs 4.9% sector median
Cash flow to profit
−0.46
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+208
bps OPM YoY
Operating margin vs the same quarter last year
ROE stability
16.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.08DII +0.00
Latest quarter vs the previous one
Cash-accrual divergence
4.3%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 1% trails the sector median of 11%
−Price trades below its 200-day moving average (0.9x)
−Price is 31.0% below its 52-week high
−Promoter holding fell by 0.2pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1572462596015201,0161,0351,046498543515628425
Expenses2062993027755331,0251,0451,074506545489601423
Operating Profit−49−53−43−174−13−9−11−28−8−125272
OPM %−31.2%−21.5%−16.6%−29.0%−2.5%−0.9%−1.1%−2.7%−1.6%−0.2%4.9%4.3%0.5%
Other Income1310139−1114389891384728
Interest55695760536264455153484530
Depreciation12131414141413291513111813
Profit before tax−103−126−101−239−91−70−49−4−64−54−25436−32
Net Profit−103−126−101−239−91−70−49−4−64−54−25436−32
EPS (₹)−1.07−1.31−1.05−2.49−0.95−0.73−0.51−0.05−0.66−0.56−0.264.53−0.33

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 10 years + TTM
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5281,4751,6682,0592,3621,8611,3951,2643,6162,1842,111
Expenses1,6331,3941,7691,9142,3131,7531,5491,5823,6762,1402,058
Operating Profit−10581−10014450107−154−318−604453
OPM %−6.9%5.5%−6.0%7.0%2.1%5.7%−11.0%−25.2%−1.7%2.0%2.5%
Other Income5413273361841612555343138503502
Interest153153106141160192210241224197176
Depreciation1725374242505053695654
Profit before tax266231931469120−360−569−215293324
Net Profit266231931469120−360−569−215293324
EPS (₹)4.763.031.031.580.101.28−3.79−5.92−2.243.043.38

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital560760897925934934950961961963—
Reserves5409059361,3951,5111,6871,425823664943—
Borrowings1,5241,2261,2591,2161,4651,6131,8771,8011,481765—
Other Liabilities2,9654,1893,9434,2255,0435,3845,2806,0547,3406,676—
Total Liabilities5,5887,0817,0347,7618,9539,6179,5319,63910,4459,347—
Fixed Assets2,5062,6202,6952,6932,7022,7272,7522,7322,7102,370—
CWIP1021491651891691541391421916—
Investments41384038363535355454—
Other Assets2,9394,2744,1354,8416,0466,7016,6056,7307,6646,907—
Total Assets5,5887,0817,0347,7618,9539,6179,5319,63910,4459,347—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−347−11324−19994−432−294974−135−135
Cash from Investing Activity−75−93−126−73−30417846−543651924
Cash from Financing Activity468364−19285198241241−322−485−913
Net Cash Flow45158−12113−12−12−610930−124

Ratios

As of 31 Mar 2026
10 periods
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—14.07.09.05.08.0−4.0−8.0−1.01.0
ROE %—————————−8.9
EPS (₹)4.763.031.031.580.101.28−3.79−5.92−2.243.04
Book Value (₹)—————————19.8
Face Value (₹)—————————10
P/E——————————
Div Yield %—————————0.00
NPM %12.912.84.66.50.45.7−24.9−43.5−5.710.9
OPM %−7.06.0−6.07.02.16.0−11.0−25.0−1.72.0
D/E1.390.740.690.520.600.620.791.010.910.40
P/B—————————12.1

Growth

As of 11 Oct 2026
Compounded sales growth
5 years−2.0%
3 years+16.0%
TTM−41.0%
Compounded profit growth
3 years+16.0%
TTM+48.0%
Stock price CAGR
10 years+25.0%
5 years+15.0%
3 years+2.0%
Last year−29.0%
Return on equity
10 years−2.0%
5 years−11.0%
3 years−18.0%
Last year−9.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters94.86%94.86%92.63%90.00%90.30%90.09%90.00%90.17%90.00%90.00%90.02%90.02%
FIIs0.05%0.05%0.04%0.00%0.02%0.02%0.04%0.08%0.11%0.00%0.00%0.08%
DIIs0.22%0.22%0.02%0.04%0.01%0.00%0.01%0.01%0.02%0.04%0.06%0.06%
Government1.53%1.53%4.71%7.75%7.51%7.74%7.83%7.70%7.90%7.90%7.88%7.88%
Public3.34%3.34%2.60%2.22%2.15%2.14%2.12%2.03%1.97%2.04%2.03%1.94%
No. of shareholders34,16534,16549,11553,04360,66575,98677,91575,8861,00,3212,05,5071,62,2491,51,049
Change since Jun 2023 (pp)
Promoters −4.84FIIs +0.03DIIs −0.16Public −1.40

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowExtension Of Time For Holding Annual General Meeting.RFP For The E-Auction Of ITI Land Parcel At Krishnarajapuram, Bengaluru, Karnataka.Announcement under Regulation 30 (LODR)-Newspaper PublicationBoard Meeting Outcome for Un-Audited Financial Results (Consolidated & Standalone) For The Quarter Ended 30.06.2026
Annual reports
Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jan 2020PPTJan 2019PPT

Corporate actions

Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman