ITC Ltd
NSE:ITC
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Income Statement
Earnings Waterfall
ITC Ltd
Revenue
|
812.4B
INR
|
Cost of Revenue
|
-361.6B
INR
|
Gross Profit
|
450.8B
INR
|
Operating Expenses
|
-203.8B
INR
|
Operating Income
|
247B
INR
|
Other Expenses
|
-41.6B
INR
|
Net Income
|
205.4B
INR
|
Income Statement
ITC Ltd
Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||
Revenue |
498 621
N/A
|
506 382
+2%
|
513 213
+1%
|
520 450
+1%
|
513 935
-1%
|
492 140
-4%
|
494 944
+1%
|
503 114
+2%
|
531 551
+6%
|
569 175
+7%
|
586 141
+3%
|
628 554
+7%
|
652 050
+4%
|
707 955
+9%
|
745 591
+5%
|
752 140
+1%
|
765 182
+2%
|
753 265
-2%
|
759 885
+1%
|
764 523
+1%
|
768 405
+1%
|
782 306
+2%
|
812 425
+4%
|
|
Gross Profit | ||||||||||||||||||||||||
Cost of Revenue |
(201 337)
|
(189 666)
|
(191 713)
|
(193 862)
|
(205 324)
|
(198 501)
|
(212 446)
|
(228 392)
|
(250 237)
|
(261 143)
|
(268 419)
|
(296 671)
|
(321 425)
|
(340 148)
|
(357 432)
|
(348 478)
|
(360 553)
|
(327 185)
|
(329 945)
|
(332 898)
|
(347 801)
|
(340 380)
|
(361 638)
|
|
Gross Profit |
297 285
N/A
|
316 716
+7%
|
321 500
+2%
|
326 588
+2%
|
308 611
-6%
|
293 640
-5%
|
282 499
-4%
|
274 723
-3%
|
281 315
+2%
|
308 031
+9%
|
317 721
+3%
|
331 882
+4%
|
330 625
0%
|
367 806
+11%
|
388 158
+6%
|
403 661
+4%
|
404 629
+0%
|
426 080
+5%
|
429 940
+1%
|
431 625
+0%
|
420 604
-3%
|
441 926
+5%
|
450 787
+2%
|
|
Operating Income | ||||||||||||||||||||||||
Operating Expenses |
(126 136)
|
(143 251)
|
(144 546)
|
(146 725)
|
(131 891)
|
(137 810)
|
(130 967)
|
(124 874)
|
(127 104)
|
(139 431)
|
(143 126)
|
(149 321)
|
(141 800)
|
(162 453)
|
(170 797)
|
(175 405)
|
(165 884)
|
(181 634)
|
(183 449)
|
(187 267)
|
(176 641)
|
(197 324)
|
(203 783)
|
|
Selling, General & Administrative |
(101 455)
|
(41 723)
|
(42 604)
|
(43 308)
|
(102 897)
|
(43 218)
|
(43 563)
|
(44 146)
|
(100 077)
|
(45 304)
|
(46 786)
|
(47 672)
|
(113 059)
|
(50 895)
|
(53 468)
|
(55 614)
|
(134 238)
|
(58 477)
|
(58 795)
|
(60 192)
|
(143 993)
|
(63 252)
|
(64 500)
|
|
Research & Development |
(572)
|
0
|
0
|
0
|
(480)
|
0
|
0
|
0
|
(460)
|
0
|
0
|
0
|
(365)
|
0
|
0
|
0
|
(484)
|
0
|
0
|
0
|
(457)
|
0
|
0
|
|
Depreciation & Amortization |
(13 966)
|
(14 554)
|
(15 219)
|
(16 024)
|
(16 449)
|
(16 849)
|
(16 737)
|
(16 503)
|
(16 373)
|
(16 407)
|
(16 578)
|
(16 739)
|
(17 234)
|
(17 564)
|
(17 971)
|
(18 146)
|
(17 991)
|
(18 134)
|
(18 040)
|
(18 164)
|
(18 068)
|
(18 725)
|
(19 398)
|
|
Other Operating Expenses |
(10 144)
|
(86 975)
|
(86 724)
|
(87 394)
|
(12 066)
|
(77 744)
|
(70 668)
|
(64 226)
|
(10 195)
|
(77 719)
|
(79 761)
|
(84 909)
|
(11 143)
|
(93 993)
|
(99 357)
|
(101 644)
|
(13 172)
|
(105 024)
|
(106 614)
|
(108 911)
|
(14 124)
|
(115 347)
|
(119 885)
|
|
Operating Income |
171 148
N/A
|
173 465
+1%
|
176 954
+2%
|
179 863
+2%
|
176 720
-2%
|
155 830
-12%
|
151 532
-3%
|
149 849
-1%
|
154 210
+3%
|
168 601
+9%
|
174 596
+4%
|
182 562
+5%
|
188 825
+3%
|
205 354
+9%
|
217 362
+6%
|
228 257
+5%
|
238 745
+5%
|
244 445
+2%
|
246 490
+1%
|
244 358
-1%
|
243 963
0%
|
244 602
+0%
|
247 004
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||
Interest Income Expense |
20 697
|
(383)
|
(310)
|
(378)
|
24 905
|
(565)
|
(620)
|
(658)
|
24 572
|
(393)
|
(279)
|
(168)
|
16 849
|
(127)
|
(67)
|
(41)
|
18 355
|
49
|
48
|
(38)
|
27 300
|
(216)
|
(286)
|
|
Non-Reccuring Items |
799
|
0
|
0
|
(1 321)
|
(1 320)
|
(1 321)
|
(1 321)
|
0
|
47
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
715
|
729
|
729
|
674
|
22
|
(106)
|
(118)
|
|
Gain/Loss on Disposition of Assets |
(1 051)
|
0
|
0
|
0
|
(567)
|
0
|
0
|
0
|
(556)
|
0
|
0
|
0
|
559
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
538
|
0
|
0
|
|
Total Other Income |
(95)
|
23 968
|
25 523
|
26 203
|
608
|
28 758
|
28 282
|
27 209
|
1 109
|
21 539
|
20 404
|
19 166
|
1 171
|
17 100
|
16 959
|
18 694
|
1 399
|
23 821
|
25 922
|
26 537
|
(424)
|
27 004
|
26 515
|
|
Pre-Tax Income |
191 498
N/A
|
197 050
+3%
|
202 167
+3%
|
204 367
+1%
|
200 346
-2%
|
182 701
-9%
|
177 871
-3%
|
176 398
-1%
|
179 382
+2%
|
189 746
+6%
|
194 720
+3%
|
201 559
+4%
|
207 405
+3%
|
222 327
+7%
|
234 255
+5%
|
246 911
+5%
|
259 151
+5%
|
269 043
+4%
|
273 189
+2%
|
271 530
-1%
|
271 399
0%
|
271 284
0%
|
273 116
+1%
|
|
Net Income | ||||||||||||||||||||||||
Tax Provision |
(63 139)
|
(64 797)
|
(62 133)
|
(58 550)
|
(54 638)
|
(45 777)
|
(45 064)
|
(44 909)
|
(45 553)
|
(48 104)
|
(49 549)
|
(50 991)
|
(52 373)
|
(56 017)
|
(58 790)
|
(61 911)
|
(64 384)
|
(67 100)
|
(68 419)
|
(63 497)
|
(63 885)
|
(63 897)
|
(64 829)
|
|
Income from Continuing Operations |
128 359
|
132 251
|
140 032
|
145 816
|
145 707
|
136 925
|
132 808
|
131 490
|
133 829
|
141 643
|
145 173
|
150 569
|
155 031
|
166 310
|
175 465
|
185 001
|
194 767
|
201 944
|
204 770
|
208 032
|
207 514
|
207 387
|
208 287
|
|
Income to Minority Interest |
(2 436)
|
(2 524)
|
(2 649)
|
(2 779)
|
(2 866)
|
(2 523)
|
(2 421)
|
(2 277)
|
(2 217)
|
(2 377)
|
(2 450)
|
(2 545)
|
(2 605)
|
(2 753)
|
(2 848)
|
(2 884)
|
(2 851)
|
(2 875)
|
(2 918)
|
(2 895)
|
(2 926)
|
(2 933)
|
(2 884)
|
|
Net Income (Common) |
125 923
N/A
|
129 728
+3%
|
140 880
+9%
|
149 848
+6%
|
153 062
+2%
|
144 622
-6%
|
137 112
-5%
|
132 623
-3%
|
131 612
-1%
|
139 268
+6%
|
142 724
+2%
|
148 025
+4%
|
152 427
+3%
|
163 560
+7%
|
172 620
+6%
|
182 120
+6%
|
191 917
+5%
|
199 069
+4%
|
201 852
+1%
|
205 137
+2%
|
204 588
0%
|
204 454
0%
|
205 402
+0%
|
|
EPS (Diluted) |
10.24
N/A
|
10.51
+3%
|
11.42
+9%
|
12.17
+7%
|
12.45
+2%
|
11.76
-6%
|
11.15
-5%
|
10.79
-3%
|
10.7
-1%
|
11.32
+6%
|
11.6
+2%
|
12.02
+4%
|
12.38
+3%
|
13.28
+7%
|
13.89
+5%
|
14.65
+5%
|
15.46
+6%
|
16
+3%
|
16.15
+1%
|
16.37
+1%
|
16.38
+0%
|
16.35
0%
|
16.42
+0%
|