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Fundamentals for ITC Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Tobacco
ITC Limited engages in the fast-moving consumer goods, hotels, paperboards and paper and packaging, agri, and information technology businesses in India and internationally. It primarily offers cigarettes and cigars; staples, spices, biscuits, confectionery and gums, snacks, noodles and pasta, beverages, dairy, ready to eat meals, chocolate, coffee, and frozen foods; personal care products; notebooks, pens and pencils, geometry boxes, erasers, sharpeners, rulers, wax and plastic crayons, sketch pens, and oil pastels; safety matches; and incense sticks under various brands. The company also operates hotels under the ITC Hotel, Mementos, Welcomhotel, Storii, Fortune, and WelcomHeritage brands; and Kaya Kalp spas. In addition, it offers virgin, recycled, coated barrier, cupstock base, liner, liquid packaging, anti-fungal, solid, and graphic boards, as well as specialty papers; overlay, surfacing/print base, barrier, and liner papers; plastic substitution products; and packaging products, such as carton board, flexible, tobacco, and green packaging products. Further, the company exports feed ingredients, food grains, marine products, processed fruits, coffee products, leaf tobacco products, and spices; and offers information technology services for the banking, financial services, consumer goods, manufacturing, travel, hospitality, and healthcare industries. Additionally, it provides property infrastructure and estate maintenance; engineering, procurement, and construction management; project management consultancy; cartooning and wrapping; conveyor; and business consulting, real estate development, and agro-forestry and other related services. The company also manages and operates golf courses; fabricates and assembles machinery for tube filling; and produces and commercializes seed potato technology products. ITC Limited was incorporated in 1910 and is headquartered in Kolkata, India.
Revenue projections:
With ITC Limited's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 3.039000 |
|---|---|
| forwardPE | 16.464437 |
| debtToEquity | 3.292000 |
| earningsGrowth | -0.727000 |
| revenueGrowth | -0.050000 |
| grossMargins | 0.587310 |
| operatingMargins | 0.364790 |
| trailingEps | 16.500000 |
| forwardEps | 17.613720 |
With a current ratio of 3.039, ITC Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that ITC Limited is in a strong position to meet its immediate financial obligations without difficulty.
ITC's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
ITC Limited's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
ITC Limited's positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.
ITC's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that ITC's financial performance will improve in the current financial year.
Price projections:
Over time, ITC's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.
Recommendation changes over time:
A recent buy bias from analysts toward ITC may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that ITC might be an appealing option for those looking to grow their wealth through stock market investments.
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