A full company profile built alongside a 3-statement and ratio model: FMCG, agribusiness, IT, paper, and packaging conglomerate, with the bulk of revenue still from tobacco products. Covers profitability, valuation, capital structure, and live corporate developments.
Note: FY2025 Net Profit and ROE figures below are inflated by a ₹15,179 Cr one-time exceptional gain from the Hotels demerger. Adjusted PAT actually declined roughly 10% YoY.
19.7x
EV / EBITDA (FY2025)
P/E: 14.76x | Market Cap: ₹5,12,765 Cr
FY2025 Snapshot
- Total Sales: ₹75,323 Cr (+10.9% YoY)
- Gross Margin: 51.2%
- EBITDA Margin: 34.3%
- EPS: ₹27.77 (reported, gain-inflated)
Recent Developments
- ITC Hotels demerger completed, listed Jan 29, 2025; ITC retains 40% stake
- Century Pulp & Paper acquired for ~₹3,498 Cr, CCI-approved Dec 2025
- Expected to add ~50% to paper segment revenue
| Ratio | FY2023 | FY2024 | FY2025 |
| Sales Growth | 16.9% | -4.2% | 10.9% |
| EBITDA Margin | 36.2% | 37.1% | 34.3% |
| P/E | 23.3x | 24.5x | 14.8x |
| EV/EBITDA | 17.2x | 19.6x | 19.7x |
| Return on Capital Employed | 39.3% | 37.4% | 57.9%† |
† Inflated by the one-time Hotels demerger gain; underlying trend is flatter.