NSE: ITC | BSE: 500875

Mid-range Performer

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416.15 3.60 (0.87%)

7.5M NSE+BSE Volume

NSE 07 Jul, 2025 3:31 PM (IST)

520,917.5

Market Cap

Market Leader

0.7

Beta 1Year

Very Low volatility

ITC Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ITC, BSE:500875 ITC Ltd.

ITC Ltd.

24 Jul 2020

416.15

0.87%

Q1FY21 Result Update - Valuations reflect Global Tobacco aversion - BUY

Buy: ITC Ltd.

Target

Prabhudas Lilladhar

Discretionary OOH categories declined 25%, Margins expand 170bps to 7.6% ITC PAT beat has been led by better than expected performance in Cigarettes, Agri and Paperboard business and 44% growth in other income. FMCG story remains intact with 34% sales growth and 170bps margin expansion led by segments like Atta, Biscuits, Noodles, Dairy and Hygiene products. Cigarette business is expected to report improved nos as June exit sale show recovery close to Pre Covid sales. Hotels business is expected to remain under significant pressure in near term with poor chance of being in black for next...

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

13 Jul 2020

416.15

0.87%

Pick of the Week:13 JUL 2020

Buy: ITC Ltd.

Axis Direct

ITC is a market leader in traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports and is rapidly gaining share in the FMCG segment. ITC is a market leader in traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports

ITC Ltd. has an average target of 517.25 from 8 brokers.

ITC Ltd.

02 Jul 2020

416.15

0.87%

ITC LIMITED

Buy: ITC Ltd.

Geojit BNP Paribas

With operations back on track and strong cash flows generation, the company is expected to fare better than its peers. We continue to remain optimistic on ITC's performance and reiterate our BUY rating on the stock with a TP of Rs. 260 based on SOTP valuation. Drastic demand drop impacts topline Q4FY20 standalone revenue stood at Rs. 11,300cr (-6.3% YoY). FMCG revenue declined 5.0% YoY to Rs. 8,314cr, of which Cigarettes business revenue stood at Rs. 5,131cr (-6.5% YoY). Hotels revenue dropped 8.4% YoY to Rs. 466cr, while from Agri...

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

30 Jun 2020

416.15

0.87%

ITC

Results Update: ITC Ltd.

SMC online

ITC Ltd.s profit beats estimates, lower tax rate led to growth in profits ITC net sales fell 8% to Rs 11782.16 crore for quarter ended Mar20 compared to corresponding previous year period. The company operating margins increased 40 bps to 38.2%. As a result operating profits fell 7% to Rs 4503.62 crore. Other income of the company fell 3% to Rs 667.76 crore. Interest cost was Rs 14.68 crore...

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

30 Jun 2020

416.15

0.87%

ITC

Buy: ITC Ltd.

Recommendation Target

Sharekhan

ITC's Q4FY2020 performance was affected by lockdown with revenues declining by 6.4% and adjusted PAT stood flat. Cigarette business revenue declined by ~6.5%, largely due to a 10-11% dip in cigarette sales volumes. The sales volumes stood almost flat in January-February. Non-cigarette FMCG business declined by ~3% (comparable revenue growth excluding stationary business and hived-off the retail business stood at 5%). Revenue and PAT grew by 2.2% and 23% (aided cut in the corporate tax rate) in FY2020. Manufacturing of essentials such as personal wash, hygiene...

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

29 Jun 2020

416.15

0.87%

Result Update:ITC

Buy: ITC Ltd.

Target

Axis Direct

ITC's Q4FY20 print was largely in line with our estimates on key metrics, but positively surprised us on the Gross Margins front. We note, Cigarette volumes likley declined by 9-10% vs our/street estimate of 4%/7-8% decline in Q4.

ITC Ltd. has an average target of 517.25 from 8 brokers.

ITC Ltd.

27 Jun 2020

416.15

0.87%

Earnings disappoint, medium-term outlook hazy

Neutral: ITC Ltd.

Target

Motilal Oswal

Prior to the COVID-19 outbreak, the segment was on track to register double-digit revenue growth for 4QFY20, on a comparable FMCG - Others net sales declined by 2.8% YoY to INR31.8b. While capacity addition in the value-added Paperboards segment bolstered revenue, slowdown in customer off-take due to sluggish demand in end-user industries (FMCG and liquor industry) weighed on the performance of the Net sales of Paper and Paperboard business declined 5.1% YoY to INR14.6b. overhang of further GST increase on cigarettes, (c) ITCs valuation premium to global tobacco majors like Philip Morris and BAT, and (d) continuance of weak earnings trajectory (6.6% PBT CAGR in the last 5 years), outweigh the apparent relief of cigarette sales bouncing back to near pre-COVID levels and the dividend.

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

27 Jun 2020

416.15

0.87%

ITC Limited

Buy: ITC Ltd.

ICICI Securities Limited

Though cigarettes sales have returned to previous levels on a daily sales basis by mid-June after lockdown was slowly lifted in most states, we believe ITC would have lost 40-45 days of sales in Q1FY21. FMCG business saw a 2.8% sales dip during the quarter with supply chain & manufacturing disruption in the last 10-15 days of March 2020. However, the business is likely to witness sharp growth in Q1FY21 given most of the product portfolio consist of essentials (packaged food & soaps). The hotels business was worst hit due to lockdown with occupancy levels coming down from ~65%...

ITC Ltd. is trading below all available SMAs

ITC Ltd.

09 Jun 2020

416.15

0.87%

ITC LIMITED

Buy: ITC Ltd.

Target

Geojit BNP Paribas

ITC Ltd. is trading below all available SMAs

ITC Ltd.

26 May 2020

416.15

0.87%

ITC Limited

Buy: ITC Ltd.

ICICI Securities Limited

Though, ITC is likely to be adversely impacted by lockdown in FY21, there are multiple factors that can impact cigarette business for the next two to three years that are (1) unavailability of smuggled cigarette even post lockdown period, (2) possibility of heavy tax on non-cigarette tobacco products & (3) increase in sales due to increase in prices after excise hike. Moreover, we believe margins in FMCG business can easily reach double digit in next two to three years. We expect ITC to declare dividend of | 16/ share (company declared dividend policy of ~80% payout) along with...

Number of FII/FPI investors decreased from 1675 to 974 in Mar 2025 qtr

Is ITC Ltd. worth buying?

6153 Votes:

Buy 76.82%

Sell 12.06%

Hold 11.12%

RESEARCH REPORTS

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Buy SEE REPORTS >

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