ITI Limited

ITI Limited (ITI) is a mid-cap Telecommunication company valued at ₹23,383 crore operating in Telecom - Equipment & Accessories on the NSE and BSE.

Recent price move

ITI Limited last traded at ₹242.1, modestly down 0.79% on the day.

Recent developments

On 2026-10-16, the government approved ₹1,195 crore for ITI cluster modernisation, boosting cumulative investments to ₹3,687 crore. On 2026-10-12, Visakhapatnam ITI cluster received ₹200 crore for a facelift. On 2026-08-19, ITI put a 44-acre Bengaluru land up for auction with a ₹1,685 crore reserve price. On 2026-07-16, ITI won an ₹856 crore BSNL contract to expand 4G networks.

Financial performance

The company's annual revenue fell 39.6% year-over-year, but net profit swung from a loss to a profit. The latest quarter saw a loss of ₹32 crore, narrowing from a ₹64 crore loss a year earlier. The net profit margin improved 19.4 percentage points to 13.4%, while return on capital employed remained at 18.3%.

Valuation multiples

The stock trades at 79.6 times earnings, a premium to the Telecommunication median of 24.4, 15.60 times book value.

Things to watch

The latest quarter net profit was a loss, and the return on equity is 0.0%. The stock is 30.7% below its 52-week high. Promoter holding remains at 90.02%, but foreign institutional holding fell by 0.06 points.

Where it stands

The company's annual net profit turned positive, but the latest quarter ended with a loss. The stock is 30.7% below its 52-week high. The most significant movement was the approval of ₹3,687 crore in investments for modernisation and expansion.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.