What is the Full Form of ITC? – ITC Full Form

The ITC Full Form is Imperial Tobacco Company. It was set up  on 24th August 1910 as Imperial Tobacco Company of India Limited. Its name was changed to India Tobacco Company Limited in 1970 and finally to ITC Limited in 1974. As of March 2021, the company’s net profit was Rs 13,032 crores. Its market capitalization is a whopping Rs 2,59,366 crores. It employs over 36,500 individuals in over 60 locations across India. It is also a member of the Forbes 2000.

Core Businesses

  • Foods
  • Personal Care
  • Cigarettes and Cigars
  • Branded Apparel
  • Education & Stationery Products
  • Incense Sticks and Safety Matches
  • Hotels
  • Paperboards and Packaging
  • Agri-Business
  • Information Technology is among the many domains that make up the conglomerate.

Key Personnel:

  • Sanjiv Puri- Chairman & Managing Director
  • Nakul Anand- Executive Director
  • Sumant Bhargavan- Executive Director
  • Rajiv Tandon- Executive Director
  • Shilabhadra Banerjee- Independent Director
  • Hemant Bhargava- Non-Executive Director
  • Arun Duggal- Independent Director
  • Sunil Behari Mathur- Independent Director
  • Anand Nayak- Independent Director
  • Nirupama Rao- Independent Director
  • Ajit Kumar Seth- Independent Director
  • Meera Shankar- Independent Director
  • David Robert Simpson- Non-Executive Director


ITC is a huge conglomerate. It has subsidiaries and different brands in various domains.
  • ITC Hotels
  • ITC Infotech India Ltd
  • Sunrise Foods Pvt Ltd.
  • ITC Paperboards and Specialty Papers Division
  • Balan Natural Food Pvt. Ltd
  • Park Hyatt Goa Resort and Spa
  • Bay Islands Hotels Ltd
  • Technico Agri Sciences Ltd
  • Surya Nepal Pvt Ltd.
  • Welcomhotels Lanka Ltd.
  • Technico Pty Ltd
  • Maharaja Heritage Resorts Ltd
  • Gold Flake Corporation Ltd
  • ITC- International Business Division
  • North East Nutrients Private Ltd
  • ITC Investments & Holdings Ltd
  • ITC Filtrona Ltd
  • ITC Foods Ltd
  • Fortune Park Hotels Ltd
  • BFIL Finance Ltd
  • WelcomeHeritage
  • Srinivasa Resorts Ltd

History of ITC Ltd.

1910: Imperial Tobacco Company was established in a leased office with a small capital of Rs 3.10 Lakhs.1975: ITC entered into the hotel business with the acquisition of a hotel in Chennai which was renamed as ITC-Welcomgroup Hotel Chola1979: ITC entered the Paperboards business.1985: ITC set up Surya Tobacco Co. in Nepal. It was their first venture beyond national borders.1990: ITC acquired Tribeni Tissues Limited. It is a specialised paper manufacturing company and also a major supplier of tissue paper to the cigarette industry.2002: ITC launched a line of premium range notebooks under the brand Paperkraft.2000: ITC also entered the Lifestyle Retailing business with the Wills Sport and manufactured relaxed wear for men and women.2001: The company entered into branded packaged foods and introduced a wide range of products.2002:  The company started supporting the small and cottage sector by introducing safety matches and incense sticks like Aim and Mangaldeep.2005: ITC entered the Personal Care Business and introduced products like Essenza Di Wills, Fiama, Vivel and Superia.2010: ITC launched its hand-rolled cigar named Armenteros in the Indian market.

Corporate Social Responsibility (CSR) 

1. ITC e-Choupal Ecosystem: Indian farmers face various challenges related to poor quality soil, climate change etc. With the ITC e-Choupal Ecosystem initiative, they have set up village internet kiosks (e-choupal). It helps farmers collect real-time and up-to-date information on weather, prices of goods and much more.2. ITCs Afforestation Program: Many Indian farmers own lands which are not fertile enough to grow crops. So ITCs Afforestation Programme assists farmers to turn their infertile lands into fertile lands using clonal saplings. These saplings are specially developed by ITCs R&D team to grow in harsh conditions.3. ITCs Women Economic Empowerment Program: Women from rural areas have limited education and skills and hence end up being dependent. ITCs Women’s Economic Empowerment Program provides these women with opportunities to become independent. They provide resources and training to set up a small business or form a small or micro-enterprise.4. ITCs Primary Education Program: One of the major challenges that prevent children from progressing is lack of education. ITCs primary education programme helps poor and unprivileged children complete their schooling and inculcate skills and abilities for a better future.

Shareholding Pattern of ITC


Profit and Loss Statement of ITC Ltd. 

(Figures in Rs. Crores)
Operating Profit15,46116,50818,52819,34417,065
Other Income1,7682,2522,0902,4172,577
Profit before tax16,02617,40919,15020,03517,938
Net Profit10,28911,27112,59215,30613,161
Recommended Read: Learn to Analyse Income Statement of a Company 

Balance Sheet of ITC 

(Figures in Rs. Crores)
Share Capital1,2151,2201,2261,2291,2301,231
Other Liabilities9,44011,69512,58511,76014,02413,143
Total Liabilities55,89864,24171,73977,31173,39773,761
Fixed Assets15,89316,52419,37421,71323,44623,298
Other Assets18,69420,15623,18523,67822,16621,580
Total Assets55,89864,24171,73977,31173,39773,761
Trade Receivables2,4742,6824,0352,5622,3532,502
Cash & Bank2,9672,9004,1527,2773,8334,659
Loans and Advances1,8692,7962,8103,189942,646
Trade Payables2,6593,4963,5103,6304,2744,319
*Data as on 7th September 2021Recommended Read: How to Analyse a Balance Sheet of a Company

ITC’s Key Financial Ratios:

Market Cap (Cr): Rs 2,59,366Face Value (₹): 1EPS (₹): 11.32
Book Value (₹): 49Roce (%): 28.6Debt to Equity: 0.00
Stock P/E: 18.6ROE (%): 21Dividend Yield (%): 5.1
Revenue (Cr): Rs 49,494Earnings (Cr): Rs 16,827Cash (Cr): Rs 4,659
Total Debt (Cr): Rs 271Promoter’s Holdings (%): 0
*Data as on 7th September 2021

Recommended Watch: Learn how you can make the most with dividend reinvestment strategy from ITC share.

Samco’s Ratings for ITC Ltd. 

4 out of 5 stars ✰✰✰✰

Mutual fund holdings and trends of ITC Ltd.

SchemesQuantityAs onPrev. QtyChange (Qty)
Aditya Birla sun life arbitrage fund – growth11,17131-08-20216,8934,278
Aditya Birla sun life balanced advantage fund – growth option9,10231-08-20218,829273
ICICI prudential regular savings fund – growth3,62431-08-20211,5682,056
Kotak debt hybrid fund – growth1,36031-08-20211,31941
Parag Parikh conservative hybrid fund – regular plan growth97531-08-2021817158
India bulls blue chip fund – regular plan – growth option31731-08-20213089
DSP regular savings fund – growth29231-08-20212839
Tata retirement savings fund – conservative plan – growth16731-08-20211625
India bulls tax savings fund – regular plan- growth option13331-08-20211294
India bulls equity hybrid fund-regular plan – growth8931-08-2021872

Valuation Analysis of ITC:

You can easily analyse if the stock is overvalued or undervalued using its margin of safety index.
  • High margin of safety = Current share price < Intrinsic value of share
  • Low margin of safety = Current share price > Intrinsic value of share
You can analyse the margin of safety of stock by visiting Samco’s share price page.Margin of safetyITC Ltd has a high margin of safety. Take your first step towards investing by opening a FREE Demat account with Samco.

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