Company Overview
ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India. The company's telecom products and solutions include switching, transmission, access, and subscriber premises equipment. It also offers 4G radio equipment, and defence electronics products and systems; encryptors for defence; and other telecom products, including laptops /smaash PCs, solar panels/ modules/ power packs, optical fiber cable, HDPE, ONT, OLT, ODC, and telephones and smart cards. In addition, the company is involved in contract manufacturing of water pipes, 4G RAN Equipment, Tablet PC, etc. Further, it provides optical fiber cable, solar panel, HDPE manufacturing; smart energy meters; surface mount technology assembly; 3D printing; military telephones; SARAL tablet; GPON; data center; and operates VSSC component screening and telecom testing center. Additionally, the company builds communication networks using internet protocol/multi-protocol label switching technology, optical fibre cable, microwave radio, and satellite communication channels; provides customized support; and engages in turnkey contracts/solutions. ITI Limited was founded in 1948 and is based in Bengaluru, India.
Why Investors Should Care
Generates a return on equity of 15.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 23.5%.
Net profit has compounded at 60.5% per year over the last five years.
Revenue has grown at a 16.1% CAGR over the past five years.
Recent Developments
- Mar 2026 Revenue of ₹2,183.72 Cr (-39.6% YoY); net profit ₹292.83 Cr.
- Trailing 12 Months Year-on-year growth — revenue -39.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 16.1%, profit CAGR 60.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 16.10% |
| 1 Year: | -39.62% |
Compounded Profit Growth
| 5 Years: | 60.46% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -8.32% |
| 6 Months: | -2.13% |
| 3 Months: | +0.40% |
| 1 Month: | -3.16% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)44.65 · Neutral
P/E of 96.12 is above the sector median of 27.67 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 23.5%.
- Compounding revenue at 16.1% over 5 years.
- Profit CAGR of 60.5% over 5 years.
CONS
- Trading at a high P/E of 96.1.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ITI ITI Limited NIFTY_SMALLNSETECH | 292.20 | 96.12 | ₹28,134.53 Cr | 0.00% | 23.49% | 15.37% | 16.10% | 60.46% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 775.00 Cr | 157.00 Cr | 246.00 Cr | 259.00 Cr | 601.00 Cr | 520.00 Cr | 1,016.00 Cr | 1,035.00 Cr | 1,045.70 Cr | 498.01 Cr | 543.40 Cr | 514.65 Cr | 627.65 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1,016.83 Cr | 449.17 Cr | 486.15 Cr | 427.30 Cr | 486.33 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 28.87 Cr | 48.84 Cr | 57.25 Cr | 87.35 Cr | 141.32 Cr |
| Operating Expenses | 781.00 Cr | 206.00 Cr | 299.00 Cr | 302.00 Cr | 775.00 Cr | 533.00 Cr | 1,025.00 Cr | 1,045.00 Cr | 85.97 Cr | 70.72 Cr | 71.61 Cr | 73.02 Cr | 157.42 Cr |
| Operating Income | -19.00 Cr | -61.00 Cr | -66.00 Cr | -57.00 Cr | -188.00 Cr | -27.00 Cr | -23.00 Cr | -24.00 Cr | -57.10 Cr | -21.88 Cr | -14.36 Cr | 14.33 Cr | -16.10 Cr |
| EBITDA | -6.00 Cr | -49.00 Cr | -53.00 Cr | -43.00 Cr | -174.00 Cr | -13.00 Cr | -9.00 Cr | -11.00 Cr | 70.03 Cr | 1.81 Cr | 11.78 Cr | 33.32 Cr | 455.96 Cr |
| Interest Expense | 63.00 Cr | 55.00 Cr | 69.00 Cr | 57.00 Cr | 60.00 Cr | 53.00 Cr | 62.00 Cr | 64.00 Cr | 45.49 Cr | 50.87 Cr | 52.99 Cr | 47.64 Cr | 80.82 Cr |
| Pretax Income | -72.00 Cr | -103.00 Cr | -126.00 Cr | -101.00 Cr | -239.00 Cr | -91.00 Cr | -70.00 Cr | -49.00 Cr | -4.38 Cr | -63.61 Cr | -54.36 Cr | -25.33 Cr | 375.14 Cr |
| Tax Provision | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | -72.00 Cr | -103.00 Cr | -126.00 Cr | -101.00 Cr | -239.00 Cr | -91.00 Cr | -70.00 Cr | -49.00 Cr | -4.38 Cr | -63.61 Cr | -54.36 Cr | -25.33 Cr | 375.14 Cr |
| Diluted EPS | -0.76 | -1.07 | -1.31 | -1.05 | -2.49 | -0.95 | -0.73 | -0.51 | -0.05 | -0.66 | -0.57 | -0.26 | 3.00 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,528.00 Cr | 1,475.00 Cr | 1,668.00 Cr | 2,059.00 Cr | 2,362.00 Cr | - | 1,395.43 Cr | 1,263.63 Cr | 3,616.42 Cr | 2,183.72 Cr |
| Cost of Revenue | - | - | - | - | - | - | 1,247.74 Cr | 1,286.41 Cr | 3,390.48 Cr | 1,837.05 Cr |
| Gross Profit | - | - | - | - | - | - | 147.69 Cr | -22.78 Cr | 225.94 Cr | 346.67 Cr |
| Operating Expenses | 1,633.00 Cr | 1,394.00 Cr | 1,769.00 Cr | 1,914.00 Cr | 2,313.00 Cr | - | 340.42 Cr | 329.20 Cr | 355.03 Cr | 359.50 Cr |
| Operating Income | -122.00 Cr | 56.00 Cr | -137.00 Cr | 102.00 Cr | 8.00 Cr | - | -192.73 Cr | -351.98 Cr | -129.09 Cr | -12.83 Cr |
| EBITDA | -105.00 Cr | 81.00 Cr | -100.00 Cr | 144.00 Cr | 50.00 Cr | - | -128.93 Cr | -310.88 Cr | 78.61 Cr | 546.21 Cr |
| Interest Expense | 153.00 Cr | 153.00 Cr | 106.00 Cr | 141.00 Cr | 160.00 Cr | - | 181.43 Cr | 204.92 Cr | 224.30 Cr | 196.93 Cr |
| Pretax Income | 266.00 Cr | 231.00 Cr | 93.00 Cr | 146.00 Cr | 9.00 Cr | - | -359.85 Cr | -568.92 Cr | -214.89 Cr | 292.83 Cr |
| Tax Provision | -0 | -0 | -0 | -0 | -0 | - | 0 | 0 | 0 | 0 |
| Net Income | 266.00 Cr | 231.00 Cr | 93.00 Cr | 146.00 Cr | 9.00 Cr | - | -359.85 Cr | -568.92 Cr | -214.89 Cr | 292.83 Cr |
| Diluted EPS | 4.76 | 3.03 | 1.03 | 1.58 | 0.10 | - | -3.81 | -5.92 | -2.24 | 3.04 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5,588.00 Cr | 7,081.00 Cr | 7,034.00 Cr | 7,761.00 Cr | 8,953.00 Cr | - | 9,491.36 Cr | 9,597.40 Cr | 10,402.29 Cr | 9,346.53 Cr |
| Current Assets | - | - | - | - | - | - | 6,368.73 Cr | 6,531.18 Cr | 7,437.42 Cr | 6,810.21 Cr |
| Cash & Equivalents | - | - | - | - | - | - | 9.36 Cr | 118.27 Cr | 148.66 Cr | 24.40 Cr |
| Inventory | - | - | - | - | - | - | 244.81 Cr | 221.92 Cr | 231.39 Cr | 205.71 Cr |
| Receivables | - | - | - | - | - | - | 2,429.28 Cr | 2,455.33 Cr | 3,990.55 Cr | 2,905.58 Cr |
| Total Liabilities | - | - | - | - | - | - | 7,116.89 Cr | 7,813.02 Cr | 8,777.71 Cr | 7,440.90 Cr |
| Current Liabilities | - | - | - | - | - | - | 5,184.10 Cr | 7,346.57 Cr | 8,497.83 Cr | 7,261.53 Cr |
| Long Term Debt | - | - | - | - | - | - | 180.00 Cr | 120.05 Cr | 60.05 Cr | 6.00 L |
| Total Debt | 1,524.00 Cr | 1,226.00 Cr | 1,259.00 Cr | 1,216.00 Cr | 1,465.00 Cr | - | 1,876.58 Cr | 1,801.29 Cr | 1,480.80 Cr | 765.00 Cr |
| Total Equity | 1,100.00 Cr | 1,665.00 Cr | 1,833.00 Cr | 2,320.00 Cr | 2,445.00 Cr | - | 2,374.47 Cr | 1,784.38 Cr | 1,624.58 Cr | 1,905.63 Cr |
| Shares Outstanding | - | - | - | - | - | - | 94.96 Cr | 96.09 Cr | 96.09 Cr | 96.29 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -347.00 Cr | -113.00 Cr | 24.00 Cr | -199.00 Cr | 94.00 Cr | - | -293.54 Cr | 973.82 Cr | -135.31 Cr | -135.36 Cr |
| Investing Cash Flow | -75.00 Cr | -93.00 Cr | -126.00 Cr | -73.00 Cr | -304.00 Cr | - | 46.21 Cr | -542.98 Cr | 651.03 Cr | 923.71 Cr |
| Financing Cash Flow | 468.00 Cr | 364.00 Cr | -19.00 Cr | 285.00 Cr | 198.00 Cr | - | 241.12 Cr | -321.93 Cr | -485.22 Cr | -912.72 Cr |
| Capital Expenditure | -77.00 Cr | -97.00 Cr | -128.00 Cr | -62.00 Cr | -3.00 Cr | - | -60.70 Cr | -37.57 Cr | -15.87 Cr | -4.28 Cr |
| Free Cash Flow | -424.00 Cr | -210.00 Cr | -104.00 Cr | -261.00 Cr | 91.00 Cr | - | -354.24 Cr | 936.25 Cr | -151.18 Cr | -139.64 Cr |
| Net Change in Cash | 45.00 Cr | 158.00 Cr | -121.00 Cr | 13.00 Cr | -12.00 Cr | - | -6.21 Cr | 108.91 Cr | 30.50 Cr | -124.37 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 10.6% | -1.8% | 6.2% | 15.9% |
| Operating Margin % | -8.0% | 3.8% | -8.2% | 5.0% | 0.3% | - | -13.8% | -27.9% | -3.6% | -0.6% |
| Net Margin % | 17.4% | 15.7% | 5.6% | 7.1% | 0.4% | - | -25.8% | -45.0% | -5.9% | 13.4% |
| ROE % | 24.2% | 13.9% | 5.1% | 6.3% | 0.4% | - | -15.2% | -31.9% | -13.2% | 15.4% |
| ROCE % | - | - | - | - | - | - | -4.5% | -15.6% | -6.8% | -0.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ITI
We Think That There Are Some Issues For ITI (NSE:ITI) Beyond Its Promising Earnings - simplywall.st
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ITI share price surges 7%, hits 52-week high on spurt in trading volume. Do you own? - livemint.com
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ITI — Frequently Asked Questions
What is the current share price of ITI Limited (ITI)?
As of 2026-07-15 09:52 IST, ITI Limited (ITI) trades at ₹292.20 on NSE. Its 52-week range is ₹239.05 to ₹356.65.
What is the market capitalisation of ITI?
ITI Limited (ITI) has a market capitalisation of ₹28,134.53 Cr on NSE.
What is the P/E ratio of ITI?
ITI trades at a trailing price-to-earnings (P/E) ratio of 96.12. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 14.67.
What is the return on equity (ROE) of ITI?
ITI has a return on equity (ROE) of 15.37%. Its return on capital employed (ROCE) is 23.49%.
Is ITI a good stock to buy?
This page provides a data-driven analysis of ITI Limited (ITI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.