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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:
Investors may be wary of ITC Limited as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 3.039000 |
|---|---|
| forwardPE | 16.975937 |
| debtToEquity | 3.292000 |
| earningsGrowth | -0.727000 |
| revenueGrowth | -0.050000 |
| grossMargins | 0.587310 |
| operatingMargins | 0.364790 |
| trailingEps | 16.500000 |
| forwardEps | 17.769270 |
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 is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
With both earnings and revenue growth in low territory, ITC is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
With positive gross and operating margins, ITC's profitability is evident. These metrics suggest the company is efficiently managing its expenses while maintaining strong revenue, highlighting a solid financial foundation.
ITC's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that ITC is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
ITC Limited's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about ITC Limited's ability to meet previous growth targets.
Recommendation changes over time:
Analysts have shown a buy bias for ITC Limited, marking it as a favorable investment option. This could inspire investors to see ITC Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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