I

ITC Limited

ITCNSE
Market snapshot · 2026-08-11 12:17 UTC

279.00

₹-3.65 (-1.29%)

MARKET CAP

₹3.50L Cr

STOCK P/E

17.6x

52W HIGH

₹427.00

52W LOW

₹275.00

BOOK VALUE

₹57.87

EPS

₹15.83

ROE

SECTOR

Consumer Staples

DEBT/EQUITY

3.29

VOLUME

1.30Cr

P/B RATIO

4.82x

PEG RATIO

1.78

Sector

Consumer Staples

Themes

FMCG - TobaccoMonopoly
D
Dividend
E
Earnings
₹400.80₹370.35₹339.90₹309.45₹279.00VolumeEEDEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for ITC.

33.00 analysts

Price Forecast

Current
₹279.00
High Target
₹440.00
▲ +57.7%
Median Target
₹318.00
▲ +14.0%
Low Target
₹270.00
▼ -3.2%
Now₹279.00High ₹440.00Median ₹318.00Low ₹270.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
33 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹241.83 - ₹312.5180%
6M₹225.97 - ₹324.7380%
12M₹203.52 - ₹339.8780%
Realized vol: +20.0% · Drift: -3.9%

Revenue Forecast

₹ Cr
Jun '26Current₹16,908.0
Sep 2026 ETrend estimate range
High₹18,470.4Base₹17,102.2Low₹15,734.0
Sep '25: ₹18,021.0 · Dec '25: ₹18,092.0 · Mar '26: ₹16,050.0 · Jun '26: ₹16,908.0 · Sep '26: ₹17,102.2 · Dec '26: ₹17,169.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E18,021.018,092.016,050.016,908.017,102.217,169.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹2.86
Sep 2026 ETrend estimate range
High₹3.24Base₹2.89Low₹2.54
Sep '25: ₹4.13 · Dec '25: ₹4.06 · Mar '26: ₹4.08 · Jun '26: ₹2.86 · Sep '26: ₹2.89 · Dec '26: ₹2.84
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4.134.064.082.862.892.84
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
55%
Analyst Consensus
Weakening

From 33 analysts

Mean upside+17.2%

Fundamentals

Weakening

Fundamentals institutional score is 16 using growth durability 15.7.

Valuation

Attractive relative to peers

Valuation institutional score is 91 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 54 using mean target upside 17.2%; dispersion penalty 20.8; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 59 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and market sentiment provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus NeutralTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price327 target
Mean Upside+17.2%
Technical Score59%
Fundamental Score16%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 27.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -2.1). Confidence: 88%.

Live forward EPS implies next-12-month EPS of ₹16.75. Applying the stock's normalized valuation corridor produces a fair range of ₹395.63 to ₹428.30, with base value near ₹411.55 (+47.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹16.75

Forward P/E

16.7x

Base Fair Value

₹411.55

Fair Range

₹395.63 - ₹428.30

Upside To Base

+47.5%

Estimate Source

Live forward EPS

Growth Estimate

-16.0%

P/E
Strongly Undervalued

5Y Average

21.07

Current

17.82

Overvalued

25.57

Undervalued

23.62

EV/EBITDA
Strongly Undervalued

5Y Average

15.43

Current

13.05

Overvalued

18.16

Undervalued

13.08

P/S
Strongly Undervalued

5Y Average

5.40

Current

4.57

Overvalued

6.36

Undervalued

4.58

Peers & Comparison

Sector: Consumer Staples · Theme: FMCG - Tobacco

FMCG - Tobacco Peers1 peer
Avg P/E: 58.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
MARICO LIMITED
MARICOFMCG - Personal Products
+21.4%13.2%
58.6x
Fair
0% vs avg
+22.6%
WHY THESE PEERS

ITC LTD trades at a discount (17.6x vs peer avg 58.6x), suggesting potential undervaluation relative to the Fmcg - Tobacco cohort. Peers include MARICO LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹16.91K CrJun 2026

Latest net profit

₹3.58K CrJun 2026

Latest EPS

₹2.86Jun 2026

Net margin

27.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%10.0%20.0%30.0%40.0%0.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr4.50K Cr9.00K Cr13.50K Cr18.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr25.00K Cr50.00K Cr75.00K Cr1.00L Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +15,82816,55015,69615,73416,37318,64917,05317,24919,76118,02118,09216,05016,908
Expenses +9,57810,5089,9569,89210,28712,52611,22411,26213,50011,76911,8209,62512,393
Operating Profit6,2506,0425,7395,8426,0876,1235,8285,9876,2616,2526,2716,4264,514
OPM %39%37%37%37%37%33%34%35%32%35%35%40%27%
Other Income +7098961,2879797969761,83115,482662986799655645
Interest1111109812891316152434
Depreciation402413343341355368362356366371372362366
Profit before tax6,5466,5146,6736,4706,5196,7197,29021,1046,5436,8516,6836,6944,759
Tax %25%24%16%22%25%24%23%7%25%24%24%24%25%
Net Profit +4,9034,9275,5725,0204,9175,0785,63819,5624,9115,1805,0875,1133,579
EPS in Rs3.943.954.474.023.944.064.5115.633.924.134.064.082.86
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
FIIs +37.98%37.39%36.11%34.83%34.23%
DIIs +46.91%47.41%48.90%49.15%49.13%
Government +0.04%0.04%0.04%0.04%0.04%
Public +15.07%15.16%14.95%15.96%16.61%
Others0.02%
Jun 2026
FIIs +
DIIs +
Government +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 04, 2026PDFCompany Reports Open

Acquisition Of Pulp And Paper Undertaking Of Aditya Birla Real Estate Limited - Update

Aug 01, 2026PDFCompany Reports Open

Media Statement And Investor Presentation - Q1 Of FY 2026-27

Jul 31, 2026PDFCompany Reports Open

Quarter Results For Q1 FY 2026-27

Jul 31, 2026PDFCompany Reports Open