ITI Ltd
ITI Limited is engaged in manufacturing, trading and servicing of telecommunication equipment, and rendering other associated and ancillary services. The Company focuses on offering telephone communication services. [1]
- Market Cap ₹ 28,349 Cr.
- Current Price ₹ 295
- High / Low ₹ 384 / 210
- Stock P/E
- Book Value ₹ 18.2
- Dividend Yield 0.00 %
- ROCE -8.43 %
- ROE -27.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 196 days to 15.1 days
Cons
- Stock is trading at 16.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.41% over past five years.
- Company has a low return on equity of -11.6% over last 3 years.
- Company has high debtors of 705 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Telecomm Equipment & Infra Services Industry: Telecommunications - Equipment
Part of BSE 250 SmallCap Index BSE 400 MidSmallCap Index Nifty Smallcap 250 Nifty 500 Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
843 | 709 | 574 | 1,252 | 1,528 | 1,475 | 1,668 | 2,059 | 2,362 | 1,861 | 1,395 | 1,264 | 1,627 | |
1,132 | 953 | 785 | 1,424 | 1,633 | 1,394 | 1,769 | 1,913 | 2,311 | 1,752 | 1,549 | 1,582 | 1,909 | |
Operating Profit | -289 | -244 | -210 | -172 | -105 | 81 | -100 | 146 | 51 | 109 | -154 | -318 | -283 |
OPM % | -34% | -34% | -37% | -14% | -7% | 6% | -6% | 7% | 2% | 6% | -11% | -25% | -17% |
210 | 39 | 86 | 594 | 541 | 327 | 336 | 184 | 161 | 255 | 53 | 43 | 20 | |
Interest | 85 | 122 | 157 | 157 | 153 | 153 | 106 | 141 | 160 | 192 | 210 | 241 | 240 |
Depreciation | 18 | 17 | 15 | 13 | 17 | 25 | 37 | 42 | 42 | 51 | 50 | 53 | 55 |
Profit before tax | -182 | -344 | -297 | 251 | 266 | 231 | 93 | 147 | 11 | 120 | -360 | -569 | -558 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-182 | -344 | -297 | 251 | 266 | 231 | 93 | 147 | 11 | 120 | -360 | -569 | -558 | |
EPS in Rs | -6.32 | -11.95 | -10.32 | 8.72 | 4.76 | 3.03 | 1.03 | 1.59 | 0.12 | 1.29 | -3.79 | -5.92 | -5.81 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | -5% |
3 Years: | -19% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | -10% |
5 Years: | % |
3 Years: | % |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 28% |
3 Years: | 36% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -6% |
3 Years: | -12% |
Last Year: | -28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 288 | 288 | 288 | 288 | 560 | 760 | 897 | 925 | 934 | 934 | 950 | 961 |
Reserves | 584 | 231 | 125 | 389 | 499 | 868 | 897 | 1,357 | 1,475 | 1,640 | 1,390 | 789 |
908 | 1,176 | 1,521 | 1,439 | 1,524 | 1,226 | 1,259 | 1,216 | 1,465 | 1,613 | 1,877 | 1,796 | |
5,261 | 3,426 | 3,441 | 3,752 | 2,965 | 4,189 | 3,943 | 4,225 | 5,043 | 5,394 | 5,280 | 6,060 | |
Total Liabilities | 7,041 | 5,121 | 5,374 | 5,868 | 5,548 | 7,044 | 6,995 | 7,723 | 8,917 | 9,580 | 9,497 | 9,605 |
2,486 | 2,453 | 2,423 | 2,458 | 2,506 | 2,620 | 2,695 | 2,693 | 2,702 | 2,729 | 2,752 | 2,732 | |
CWIP | 1 | 21 | 33 | 92 | 102 | 149 | 165 | 189 | 169 | 150 | 139 | 142 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4,554 | 2,647 | 2,917 | 3,318 | 2,939 | 4,274 | 4,135 | 4,841 | 6,046 | 6,701 | 6,605 | 6,731 | |
Total Assets | 7,041 | 5,121 | 5,374 | 5,868 | 5,548 | 7,044 | 6,995 | 7,723 | 8,917 | 9,580 | 9,497 | 9,605 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-179 | -127 | -149 | -319 | -347 | -109 | 22 | -197 | 96 | -436 | -294 | 974 | |
-3 | -19 | -10 | -104 | -75 | -96 | -124 | -75 | -306 | 177 | 46 | -556 | |
178 | 161 | 398 | 273 | 468 | 364 | -19 | 285 | 198 | 247 | 241 | -322 | |
Net Cash Flow | -4 | 15 | 239 | -150 | 45 | 158 | -121 | 13 | -12 | -12 | -6 | 96 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,466 | 1,001 | 1,170 | 500 | 525 | 762 | 581 | 490 | 394 | 536 | 635 | 705 |
Inventory Days | 206 | 341 | 247 | 75 | 110 | 126 | 114 | 167 | 196 | 118 | 261 | 207 |
Days Payable | 3,006 | 5,345 | 3,637 | 1,021 | 1,228 | 1,482 | 1,109 | 1,500 | 1,578 | 855 | 1,242 | 1,222 |
Cash Conversion Cycle | -1,334 | -4,003 | -2,220 | -447 | -594 | -594 | -414 | -844 | -988 | -202 | -345 | -309 |
Working Capital Days | -275 | -321 | -399 | -364 | -73 | -1 | 64 | 66 | 49 | 234 | 340 | 15 |
ROCE % | -15% | -13% | -8% | 15% | 18% | 14% | 7% | 9% | 5% | 8% | -4% | -8% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - ITI Limited wins Rs. 4559 Crores BharatNet Phase-3 Project.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
9 Nov - Completion of term for three independent directors.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
8 Nov - Proceedings of 74th Annual General Meeting of ITI Limited.
-
Financial Results
8 Nov - Notice of Board Meeting on November 14, 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Turnkey Projects (~78% of revenues)[1]
Under this segment, the company is involved in various projects such as BharatNet, ASCON, Net for Spectrum, E-governance projects, FTTH Rollout for Bharti Airtel.[2]