ITI Ltd

₹ 298 -1.09%

17 Dec 4:01 p.m.

About

ITI Limited is engaged in manufacturing, trading and servicing of telecommunication equipment, and rendering other associated and ancillary services. The Company focuses on offering telephone communication services. ^[1]

Key Points

Turnkey Projects (~78% of revenues)^[1]
Under this segment, the company is involved in various projects such as BharatNet, ASCON, Net for Spectrum, E-governance projects, FTTH Rollout for Bharti Airtel.^[2]

Website BSE NSE

Market Cap ₹ 28,755 Cr.
Current Price ₹ 298
High / Low ₹ 593 / 233
Stock P/E
Book Value ₹ 15.6
Dividend Yield 0.00 %
ROCE -0.77 %
ROE -14.7 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is expected to give good quarter

Cons

Stock is trading at 19.1 times its book value
Company has low interest coverage ratio.
Company has a low return on equity of -18.8% over last 3 years.
Earnings include an other income of Rs.159 Cr.
Company has high debtors of 403 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Telecommunication Telecommunication Telecom - Equipment & Accessories Telecom - Equipment & Accessories

Part of BSE 500 BSE PSU BSE Teck Nifty 500 BSE SmallCap BSE CPSE BSE Allcap BSE Telecommunication BSE 250 SmallCap Index BSE 400 MidSmallCap Index Nifty MidSmallcap 400 Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 Nifty Total Market Nifty500 Equal Weight Nifty500 LargeMidSmall Equal-Cap Weighted

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
	198	256	775	157	246	259	601	520	1,016	1,035	1,046	498	543
	247	291	781	206	299	302	775	533	1,025	1,045	1,074	506	545
Operating Profit	-49	-35	-6	-49	-53	-43	-174	-13	-9	-11	-28	-8	-1
OPM %	-25%	-14%	-1%	-31%	-22%	-17%	-29%	-2%	-1%	-1%	-3%	-2%	-0%
	10	10	11	13	10	13	9	-11	14	38	98	9	13
Interest	50	51	63	55	69	57	60	53	62	64	45	51	53
Depreciation	12	12	13	12	13	14	14	14	14	13	29	15	13
Profit before tax	-101	-88	-72	-103	-126	-101	-239	-91	-70	-49	-4	-64	-54
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	-101	-88	-72	-103	-126	-101	-239	-91	-70	-49	-4	-64	-54
EPS in Rs	-1.06	-0.92	-0.76	-1.07	-1.31	-1.05	-2.49	-0.95	-0.73	-0.51	-0.05	-0.66	-0.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	1,528	1,475	1,668	2,059	2,362	1,861	1,395	1,264	3,616	3,122
	1,633	1,394	1,769	1,914	2,313	1,753	1,549	1,582	3,676	3,169
Operating Profit	-105	81	-100	144	50	107	-154	-318	-60	-48
OPM %	-7%	6%	-6%	7%	2%	6%	-11%	-25%	-2%	-2%
	541	327	336	184	161	255	53	43	138	159
Interest	153	153	106	141	160	192	210	241	224	213
Depreciation	17	25	37	42	42	51	50	53	69	69
Profit before tax	266	231	93	146	9	119	-360	-569	-215	-171
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%
	266	231	93	146	9	119	-360	-569	-215	-171
EPS in Rs	4.76	3.03	1.03	1.58	0.10	1.27	-3.79	-5.92	-2.24	-1.78
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	12%
3 Years:	25%
TTM:	30%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	52%

Stock Price CAGR
10 Years:	26%
5 Years:	18%
3 Years:	40%
1 Year:	-18%

Return on Equity
10 Years:	%
5 Years:	-9%
3 Years:	-19%
Last Year:	-15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	560	760	897	925	934	934	950	961	961	961
Reserves	540	905	936	1,395	1,511	1,674	1,425	823	664	544
	1,524	1,226	1,259	1,216	1,465	1,613	1,877	1,801	1,481	1,356
	2,965	4,189	3,943	4,225	5,043	5,394	5,280	6,054	7,340	7,569
Total Liabilities	5,588	7,081	7,034	7,761	8,953	9,615	9,531	9,639	10,445	10,429
	2,506	2,620	2,695	2,693	2,702	2,729	2,752	2,732	2,710	2,683
CWIP	102	149	165	189	169	150	139	142	19	19
Investments	41	38	40	38	36	35	35	35	54	53
	2,939	4,274	4,135	4,841	6,046	6,701	6,605	6,730	7,664	7,674
Total Assets	5,588	7,081	7,034	7,761	8,953	9,615	9,531	9,639	10,445	10,429

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-347	-113	24	-199	94	-437	-294	974	-135
	-75	-93	-126	-73	-304	178	46	-543	651
	468	364	-19	285	198	247	241	-322	-485
Net Cash Flow	45	158	-121	13	-12	-12	-6	109	30

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	525	762	581	490	394	536	635	709	403
Inventory Days	110	126	114	167	196	118	261	215	41
Days Payable	1,228	1,482	1,109	1,705	1,578	855	1,242	1,286	492
Cash Conversion Cycle	-594	-594	-414	-1,049	-988	-202	-345	-361	-48
Working Capital Days	-283	-230	-145	-117	-131	-36	-103	-488	-145
ROCE %		14%	7%	9%	5%	8%	-4%	-8%	-1%

Shareholding Pattern

Numbers in percentages

2 Recently

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
	90.17%	90.17%	90.28%	90.28%	90.28%	90.00%	90.00%	90.00%	90.00%	90.00%	90.02%	90.02%
	0.07%	0.08%	0.08%	0.09%	0.10%	0.11%	0.06%	0.04%	0.06%	0.00%	0.01%	0.00%
	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.03%	0.03%	0.04%	0.04%	0.04%	0.05%
	7.70%	7.70%	7.61%	7.61%	7.61%	7.90%	7.90%	7.90%	7.90%	7.90%	7.88%	7.88%
	2.03%	2.03%	2.01%	1.99%	1.99%	1.97%	2.01%	2.02%	1.99%	2.04%	2.04%	2.05%
No. of Shareholders	75,489	75,886	74,754	80,144	97,979	1,00,321	1,07,468	1,05,144	1,60,154	2,05,507	1,94,122	1,78,632

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
	94.86%	92.63%	90.00%	90.30%	90.09%	90.00%	90.17%	90.00%	90.00%	90.02%
	0.05%	0.04%	0.00%	0.02%	0.02%	0.04%	0.08%	0.11%	0.00%	0.00%
	0.22%	0.02%	0.04%	0.01%	0.00%	0.01%	0.01%	0.02%	0.04%	0.05%
	1.53%	4.71%	7.75%	7.51%	7.74%	7.83%	7.70%	7.90%	7.90%	7.88%
	3.34%	2.60%	2.22%	2.15%	2.14%	2.12%	2.03%	1.97%	2.04%	2.05%
No. of Shareholders	34,165	49,115	53,043	60,665	75,986	77,915	75,886	1,00,321	2,05,507	1,78,632

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

ITI Ltd

ITI Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls