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ITI Limited

ITI Limited

ITI.BO
ITI LimitedIN flagBombay Stock Exchange
285.00
INR
-7.50
- -
273.68BMarket Cap
ITI Limited
ITI.BO
(Bombay Stock Exchange)

Recent

price

285.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
72.9
31.77
29.25
24.5
19.9
41.3
37.24
22.09
18.96
22.94
25.5
19.93
14.77
13.15
37.7
22.67
21.13
Revenue per Share
-12.42
-13.63
-7.11
-12.74
-11.11
7.93
5.94
3.23
0.79
1.51
0.1
1.27
-3.81
-5.92
-2.24
3.04
2.24
Basic EPS, GAAP
-13.3
-4.57
-6.35
-5.14
-5.6
-14.77
-10.33
-4.7
-1.18
-2.93
0.68
-5.33
-3.75
9.74
-1.58
-1.45
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-117.61
-130.45
-136.77
-148.65
-158.97
-161.05
-99.86
-57.08
-38.92
-36.68
-35.48
-34.06
-37.3
-42.46
10.02
10
9.32
Book Value per Share
62.51
48.91
40.6
28.38
18.07
24.91
26.82
25.88
20.83
25.85
26.39
27.94
25.14
18.57
16.93
19.78
18.44
Tangible Book Value per Share
288
288
288
288
288
288
410
643
880
898
926
934
944
961
959
963
1,033
Basic Weighted Avg Shares
20,997
9,151
8,423
7,055
5,732
11,893
15,269
14,213
16,682
20,589
23,622
18,607
13,954
12,636
36,164
21,837
21,837
Sales/Revenue/Turnover
-20.72
-33.25
-35.21
-35.8
-38.01
17.97
18.73
10.73
-0.62
10.08
3.63
15.14
-13.81
-27.85
-3.57
-0.59
-1.74
Operating Margin (%)
223
213
183
172
153
129
178
249
371
419
418
510
495
531
692
564
-563
Depreciation Expense
-3,577
-3,698
-1,821
-3,443
-2,971
2,512
2,664
2,306
925
1,457
95
1,187
-3,599
-5,689
-2,149
2,928
2,318
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-17.04
-40.41
-21.61
-48.8
-51.84
21.12
17.45
16.22
5.55
7.08
0.4
6.38
-25.79
-45.02
-5.94
13.41
10.62
Profit Margin (%)
-8,975
-9,159
-12,584
-15,003
-15,034
-14,775
-10,536
-6,423
-4,975
-4,564
-3,423
12,901
11,846
-8,154
-10,604
-4,513
-4,513
Working Capital
- -
- -
- -
- -
3,000
3,000
3,000
3,000
3,000
1,800
3,000
2,407
1,806
1,207
602
1
1
LT Debt
18,066
14,132
11,724
8,188
5,206
7,173
10,997
16,651
18,331
23,202
24,441
26,080
23,745
17,844
16,246
19,056
19,056
Total Equity
- -
- -
- -
- -
- -
12.09
14.09
5.92
-0.34
6.27
2.3
6.88
- -
- -
- -
-0.44
-1.32
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-11.72
-12.68
-13.76
-8.28
-12.83
-7.88
-16.79
- -
- -
- -
23.49
22.26
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
30.44
24.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
13,108
- -
7,649
LT Borrowings
- -
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
963
- -
963
Market Capitalization
283,359
291,664
246,984

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
75,213
- -
68,102
Cash, Cash Equivalents & STI
21,548
- -
27,076
Accounts Receivable, Net
40,684
- -
29,056
Inventories
2,598
- -
2,057
Total Current Liabilities
87,552
- -
72,615
Payables & Accruals
- -
- -
- -
ST Debt
13,108
- -
7,649
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.8%
-3.75%
17.3%
Free Cash Flow
-147.71%
-282.2%
-7.63%
Net Income, GAAP
40.57%
101.8%
-236.27%
Sales/Revenue/Turnover
16.79%
18.18%
-39.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,570
2,465
2,588
6,013
12,636
2025
5,200
10,162
10,345
10,457
36,164
2026
4,980
5,434
5,146
6,276
21,837

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.08
-1.31
-1.05
- -
-5.92
2025
-0.95
-0.73
-0.51
-0.05
-2.24
2026
-0.66
-0.57
-0.26
3
3.04

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
ITI Limited ITI Limited (ITI.BO) manufactures, trades, and services telecommunication equipment and provides associated solutions as a public sector undertaking in India. Established in 1948 with headquarters in Bengaluru, the company operates manufacturing facilities in Bengaluru, Naini, Rae Bareli, Mankapur, and Palakkad, alongside an R&D center in Bengaluru and marketing, services, and projects centers across major Indian cities including Chennai, Hyderabad, Mumbai, Ahmedabad, Kolkata, Guwahati, Bhopal, Delhi, Lucknow, and Chandigarh. It offers a diverse portfolio of products and services encompassing switching, transmission, access, and subscriber premises equipment; digital mobile radio systems; bank automation products; GPON OLT and ONT; PCM multiplexers; ruggedized telephones for defense forces; smart cards and banking cards; hand-held terminals for smart card authentication; set top boxes; Wi-Fi equipment; multiple encryption devices including multi-capacity encryption units, bulk encryption units, and terminal end secrecy devices for defense; solar power modules; switched mode power supply systems; IoT products; radio modems; AN rack hardware; optical transport network products like DWDM; managed leased line network products; signaling point network products; IP/MPLS routers and switches; network management system solutions; microwave and satellite communication equipment; next generation network equipment; passive infrastructure such as optical fiber cable, HDPE duct, and antennas; diversified items including smart energy meters, smart cards, solar panels, and mini personal computers; along with turnkey projects, contract manufacturing, equipment testing, IT solutions, and cloud-based services from its data center. In recent developments, ITI Limited signed memorandums of understanding in February 2024 with Lekha Wireless, Niral Networks, and InstaICT Solution to implement 5G private network solutions; secured empanelment from Gujarat Info Petro Limited for IT projects worth Rs 110 crores in September 2025; signed agreements with BSNL for BharatNet Phase-III packages including NER-II Package-15 valued at Rs 1901 crores in 2025, bringing total BharatNet orders to Rs 6956 crores; won orders worth Rs 88 crores in Odisha and Chhattisgarh, Rs 167 crores for Aaple Sarkar Seva Kendra in Maharashtra, and Rs 64 crores for Wi-Fi, LAN, and integrated security systems; initiated State Network Operations Centers for BharatNet in Himachal Pradesh; and plans to launch India's first AI-powered road safety pilot in Uttar Pradesh.