ITI Ltd

NSE: ITI · Telecom - Equipment & Accessories · sector

₹217.43NSE close 2026-10-26

Key numbers

Market cap₹20,935 cr

Price₹217.43

52w high / low₹342 / ₹217

P/E55.2xSector median 48.8x

P/B11.0xSector median 7.9x

Book value₹19.8

Dividend yield–Sector median 0.25%

ROE18.4%Sector median 13.2%

ROCE18.7%Sector median 13.8%

OPM23.9%Sector median 12.0%

Debt / equity0.40xSector median 0.40x

EV/EBITDA42.2xSector median 33.9x

Interest cover2.8x

Current ratio0.90x

Sales growth 3y+16.1%Sector median +13.3%

Profit growth 3y–Sector median +16.4%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Telecom - Equipment & Accessories (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹351 cr vs borrowings ₹765 cr (FY26): borrowings are higher by ₹414 cr.
Borrowings fell in each of the last 3 years (₹1,876 cr → ₹765 cr).
Operating profit covered interest 2.8x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
Net loss in 7 of the last 8 quarters.
Revenue was higher than a year earlier in 0 of the last 4 quarters.
Other income was 15% of net profit in the last 12 months.
Debtor days went from 705 (FY24) to 486 (FY26).
No dividend in the last 5 financial years.
Price ₹217.43 on 2026-10-26: -36.4% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹457.10 · low ₹217.40

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,016	1,035	1,046	498	543	515	628	425
EBITDA	-9	-11	34	-11	-3	21	486	2
OPM %	-0.9%	-1.0%	3.3%	-2.2%	-0.5%	4.0%	77.4%	0.4%
Other income	15	20	35	13	15	12	13	8
Net profit	-70	-49	-4	-64	-54	-25	436	-32
EPS (₹)	-0.73	-0.51	-0.05	-0.66	0.00	-0.26	4.53	-0.33
Revenue YoY					-46.5%	-50.3%	-40.0%	-14.7%
Profit YoY					–	–	–	–

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	1,861	1,395	1,264	3,616	2,184	2,111
EBITDA	109	-154	-319	-25	493	505
Net profit	120	-360	-569	-215	293	324
EPS (₹)	1.28	-3.81	-5.93	-2.24	3.04	3.94
Revenue growth		-25.0%	-9.4%	+186.2%	-39.6%	-41.3%
Profit growth		-400.6%	–	–	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+16.1%	-1.6%	-41.3%
Net profit	–	+98.6%	–
EPS	–	+98.0%	–
Share price	–	-0.2% (2y)	-30.6%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	2,374	1,784	1,625	1,906
Borrowings	–	1,876	1,795	1,481	765
Cash & equivalents	–	215	832	422	351
Total assets	–	9,491	9,598	10,402	9,347
Fixed assets	–	2,684	2,664	2,522	2,119
Capital work in progress	–	139	142	19	16
Investments	–	35	35	54	54
Receivables	–	2,429	2,441	3,991	2,906
Inventory	–	250	222	231	206
Payables	–	1,377	1,557	3,270	2,891

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-432	-294	974	-135	-54
Cash from investing	178	46	-556	651	842
Cash from financing	241	241	-322	-485	-913
Capex	60	0	0	16	4
Free cash flow	-492	-294	974	-151	-58

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	-15.2%	-31.9%	-13.2%	15.4%
ROCE %	–	-3.5%	-9.2%	-0.3%	18.3%
Debtor days	–	635	705	403	486
Inventory days	–	77	69	25	41
Payable days	–	425	480	352	574
Cash conversion cycle (days)	–	287	294	76	-47
Working capital days	–	-58	-241	-107	-119

Shareholding

Holder	% (2026-09-30)
Promoters	90.02%
FIIs	0.02%
DIIs	0.07%
of which Mutual funds	0.07%
Government	7.88%
Public (non-institutions)	2.01%

Quarter	Mar 2025	May 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	90.00%	90.02%	90.02%	90.02%	90.02%	90.02%	90.02%	90.02%

Promoter group	%
President of India	89.99%
Governor of Karnataka	0.03%

Public holders above 1%	%
Special National Investment Fund	7.88%

1,48,176 shareholders. Pledged: 0.00% of promoter shares.

Peers in Telecom - Equipment & Accessories

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
STLTECH	₹42,510 cr	174.6x	18.7x	13.2%	14.2%	15.0%	-11.8%	–
TNTELE	₹40,505 cr	–	–	–	–	–	–	–
ITI	₹20,935 cr	55.2x	11.0x	18.4%	18.7%	23.9%	+16.1%	–
TEJASNET	₹7,332 cr	–	2.9x	-27.9%	-11.1%	-31.8%	+6.3%	0.60%
OPTIEMUS	₹6,162 cr	84.1x	7.9x	10.1%	10.2%	4.6%	+14.6%	–
VALIANT	₹1,626 cr	53.4x	16.9x	34.5%	37.1%	37.8%	+41.1%	0.07%
ADCINDIA	₹927 cr	41.1x	10.7x	28.8%	34.0%	11.7%	+11.9%	0.25%
BIRLACABLE	₹888 cr	19.2x	3.2x	17.3%	17.5%	9.8%	-0.9%	–
UMIYA-MRO	₹164 cr	44.1x	1.4x	3.4%	7.2%	28.4%	+29.5%	–
AKSHOPTFBR	₹110 cr	–	–	–	13.3%	12.4%	-23.7%	–

All 11 companies in Telecom - Equipment & Accessories →

Dividends & corporate actions

Ex-date	Action	Detail
2024-10-31	Other	Annual General Meeting
2023-09-21	Other	Annual General Meeting
2022-09-20	Other	Annual General Meeting
2021-11-02	Other	Annual General Meeting
2020-11-26	Other	Annual General Meeting
2019-12-19	Other	Annual General Meeting
2018-09-18	Other	Annual General Meeting
2017-09-19	Other	Annual General Meeting
2016-09-09	Other	Annual General Meeting
2015-09-11	Other	Annual General Meeting
2014-09-16	Other	Annual General Meeting
2013-09-17	Other	Annual General Meeting
2012-09-18	Other	Annual General Meeting
2011-09-19	Other	Annual General Meeting
2010-09-17	Other	Annual General Meeting
2009-09-17	Other	Annual General Meeting
2007-09-19	Other	Agm
2006-12-06	Other	Agm
2005-11-21	Other	Agm

Documents

Links go to the original files on the exchange website.

About the company


Sector	Telecommunication
Industry	Telecom - Equipment & Accessories
Sub-industry	Telecom - Equipment & Accessories
Symbol	ITI
BSE code	523610
ISIN	INE248A01017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.