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ITC Share Price
Technical Analysis of ITC
ITC Dividend History
| Security Code | Security Name | Ex Date | Purpose | Record Date |
|---|---|---|---|---|
| 500875 | ITC LTD. | 03 Jul 2001 | Dividend – Rs. – 10.0000 | – |
| 500875 | ITC LTD. | 21 Sep 2005 | 28 Sep 2005 | |
| 500875 | ITC LTD. | 21 Sep 2005 | Bonus issue 1:2 | 28 Sep 2005 |
| 500875 | ITC LTD. | 16 Jul 2007 | Dividend – Rs. – 3.1000 | – |
| 500875 | ITC LTD. | 16 Jul 2008 | Dividend – Rs. – 3.5000 | – |
| 500875 | ITC LTD. | 13 Jul 2009 | Dividend – Rs. – 3.7000 | – |
| 500875 | ITC LTD. | 09 Jun 2010 | Dividend – Rs. – 10.0000 | – |
| 500875 | ITC LTD. | 03 Aug 2010 | Bonus issue 1:1 | 04 Aug 2010 |
| 500875 | ITC LTD. | 10 Jun 2011 | Dividend – Rs. – 2.8000 | – |
| 500875 | ITC LTD. | 10 Jun 2011 | Special Dividend – Rs. – 1.6500 | – |
| 500875 | ITC LTD. | 11 Jun 2012 | Dividend – Rs. – 4.5000 | – |
| 500875 | ITC LTD. | 31 May 2013 | Dividend – Rs. – 5.2500 | – |
| 500875 | ITC LTD. | 03 Jun 2014 | Dividend – Rs. – 6.0000 | – |
| 500875 | ITC LTD. | 03 Jun 2015 | Dividend – Rs. – 6.2500 | – |
| 500875 | ITC LTD. | 30 May 2016 | Dividend – Rs. – 8.5000 | – |
| 500875 | ITC LTD. | 01 Jul 2016 | Bonus issue 1:2 | 04 Jul 2016 |
| 500875 | ITC LTD. | 05 Jun 2017 | Dividend – Rs. – 4.7500 | – |
| 500875 | ITC LTD. | 25 May 2018 | Dividend – Rs. – 5.1500 | – |
| 500875 | ITC LTD. | 22 May 2019 | Dividend – Rs. – 5.7500 | – |
| 500875 | ITC LTD. | 06 Jul 2020 | Dividend – Rs. – 10.1500 | – |
| 500875 | ITC LTD. | 22 Feb 2021 | Interim Dividend – Rs. – 5.0000 | 23 Feb 2021 |
| 500875 | ITC LTD. | 10 Jun 2021 | Final Dividend – Rs. – 5.7500 | 11 Jun 2021 |
| 500875 | ITC LTD. | 14 Feb 2022 | Interim Dividend – Rs. – 5.2500 | 15 Feb 2022 |
| 500875 | ITC LTD. | 26 May 2022 | Final Dividend – Rs. – 6.2500 | 28 May 2022 |
| 500875 | ITC LTD. | 15 Feb 2023 | Interim Dividend – Rs. – 6.0000 | 15 Feb 2023 |
About ITC Ltd
ITC Limited is one of India’s leading conglomerates, with a diversified portfolio of businesses ranging from cigarettes and consumer goods to hotels and paperboards. It is one of the largest tobacco companies in India and has been expanding its non-tobacco businesses in recent years. In this blog post, we will take a closer look at ITC Ltd and discuss its performance and future prospects for investors.
Company Overview
ITC Limited was founded in 1910 and is headquartered in Kolkata, India. It is listed on the National Stock Exchange of India and the Bombay Stock Exchange. The company has a market capitalization of around INR 3.5 trillion (approximately USD 46 billion) as of March 2023.
ITC has a diversified business portfolio, with four main segments: Fast-Moving Consumer Goods (FMCG), Hotels, Agri-Business, and Paperboards, Paper, and Packaging. The FMCG segment includes products such as cigarettes, packaged foods, personal care products, and stationary. The Hotels segment includes luxury hotels and resorts in India and overseas. The Agri-Business segment includes sourcing, processing, and exporting agricultural commodities. The Paperboards, Paper, and Packaging segment includes paperboards, paper, and packaging products.
Performance and Financials
ITC Ltd has been consistently growing its revenue and profits over the years. In the fiscal year 2021, the company reported a revenue of INR 54,529 crores (approximately USD 7.2 billion), a growth of 14.6% compared to the previous year. The company’s profit after tax was INR 15,220 crores (approximately USD 2.0 billion), a growth of 16.8% compared to the previous year.
The FMCG segment is the largest revenue contributor for ITC, accounting for over 80% of the company’s revenue in the fiscal year 2021. The Hotels segment contributes around 11%, while the Agri-Business and Paperboards, Paper, and Packaging segments contribute the remaining revenue.
ITC has a strong balance sheet, with a debt-to-equity ratio of 0.06 and a current ratio of 1.33 as of December 2021. The company has been consistently generating cash flows, with a free cash flow of INR 10,204 crores (approximately USD 1.3 billion) in the fiscal year 2021.
Future Prospects ITC Ltd has been expanding its non-tobacco businesses in recent years, with a focus on the FMCG segment. The company has launched several new products in the packaged foods and personal care categories and has been investing in marketing and advertising to promote these products. ITC has also been focusing on innovation and sustainability, with initiatives such as the ITC Life Sciences and Technology Centre and the ITC e-Choupal.
The hospitality industry has been severely impacted by the COVID-19 pandemic, and ITC’s Hotels segment has also faced challenges. However, the company has been taking steps to adapt to the changing market conditions, such as launching contactless services and offering attractive deals to attract customers.
Conclusion
ITC Ltd is a diversified conglomerate with a strong presence in several industries in India. The company has been consistently growing its revenue and profits and has a strong balance sheet. ITC’s focus on expanding its non-tobacco businesses and its innovation and sustainability initiatives are positive signs for the future. However, investors should also consider the risks associated with investing in the stock market and conduct their own research and seek professional guidance
Disclaimer: The above blog post is for informational purposes only and should not be considered as investment advice. Investing in the stock market carries risks, and investors should conduct their own research and seek professional guidance before making any investment decisions.