NSE ITI · BSE 523610 · Communications Equipment · NIFTY 500
ITI Share Price
ITI Overview
Where the price stands, how it has moved and how it sits against its averages.
ITI shares last traded at ₹251.30 on the NSE, down 2.26% on the day. That is 32.6% below the 52-week high of ₹372.95 and 7.9% above the 52-week low of ₹232.90. The stock trades at 78.67× earnings, below the sector average of 132.04. Its market value is ₹24,176 Cr.
Price returns
Against the market: 1 Month ▼ −4.40% · 3 Months ▼ −13.93% · 6 Months ▼ −0.72% · This year ▼ −5.46% · 1 Year ▼ −12.51%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 300-day average₹287.11 ▼ price 12.5% below
- 100-day average₹285.90 ▼ price 12.1% below
- 50-day average₹274.89 ▼ price 8.6% below
- 20-day average₹266.06 ▼ price 5.5% below
- 10-day average₹259.50 ▼ price 3.2% below
- 5-day average₹255.12 ▼ price 1.5% below
- Today's price₹251.30
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
ITI Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹2,184 Cr | ▼ −39.6% | ₹293 Cr | 13.4% | ₹3.04 | — |
| FY 2025 | ₹3,616 Cr | ▲ +186.2% | −₹215 Cr | −5.9% | −₹2.24 | — |
| FY 2024 | ₹1,264 Cr | ▼ −9.4% | −₹569 Cr | −45.0% | −₹5.93 | — |
| FY 2023 | ₹1,395 Cr | ▼ −25.0% | −₹360 Cr | −25.8% | −₹3.81 | — |
| FY 2022 | ₹1,861 Cr | ▼ −21.2% | ₹119 Cr | 6.4% | ₹1.27 | — |
| FY 2021 | ₹2,362 Cr | ▲ +14.7% | ₹9 Cr | 0.4% | ₹0.10 | — |
| FY 2020 | ₹2,059 Cr | — | ₹151 Cr | 7.3% | ₹1.68 | — |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q4 FY26 | ₹628 Cr | ▲ +22.0% | ₹436 Cr | 69.5% | ₹4.53 |
| Q3 FY26 | ₹515 Cr | ▼ −5.3% | −₹25 Cr | −4.9% | −₹0.26 |
| Q2 FY26 | ₹543 Cr | ▲ +9.1% | −₹54 Cr | −10.0% | −₹0.57 |
| Q1 FY26 | ₹498 Cr | ▼ −52.4% | −₹64 Cr | −12.8% | −₹0.66 |
| Q4 FY25 | ₹1,046 Cr | ▲ +1.1% | −₹4 Cr | −0.4% | −₹0.05 |
| Q3 FY25 | ₹1,035 Cr | ▲ +1.8% | −₹49 Cr | −4.7% | −₹0.51 |
| Q2 FY25 | ₹1,016 Cr | ▲ +95.4% | −₹70 Cr | −6.9% | −₹0.73 |
| Q1 FY25 | ₹520 Cr | — | −₹91 Cr | −17.6% | −₹0.95 |
Balance sheet — FY26
- Total assets₹9,347 Cr
- Total liabilities₹7,441 Cr
- Shareholders' equity₹1,906 Cr
- Total debt₹765 Cr
- Cash & investments₹2,658 Cr
- Current ratio0.93×
- Revenue growth, 5 yr−1.56% a year
- EPS growth, 5 yr97.05% a year
- Operating margin (TTM)19.98%
- Net margin (TTM)13.41%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 2,058.87 | 2,362.18 | 1,860.73 | 1,395.45 | 1,263.63 | 3,616.42 | 2,183.72 |
| Cost of revenue | 506.48 | 515.35 | 755.96 | 457.10 | 553.27 | 2,486.81 | 1,839.05 |
| Gross profit | 1,552.39 | 1,846.83 | 1,104.77 | 938.35 | 710.37 | 1,129.61 | 344.67 |
| Operating expenses | 1,927.10 | 2,327.94 | 1,780.61 | 1,577.35 | 1,607.93 | 3,681.40 | 1,747.40 |
| Operating income | 131.77 | 34.24 | 80.12 | −181.91 | −344.30 | −64.98 | 436.32 |
| Depreciation | 41.80 | 41.75 | 50.91 | 49.40 | 53.02 | 69.12 | 56.45 |
| Profit before tax | 150.86 | 9.48 | 118.71 | −359.85 | −568.92 | −214.89 | 292.83 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 150.86 | 9.48 | 118.71 | −359.85 | −568.92 | −214.89 | 292.83 |
| EPS (₹) | 1.68 | 0.10 | 1.27 | −3.81 | −5.93 | −2.24 | 3.04 |
| Dividend per share (₹) | — | — | — | — | — | — | — |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 7,722.72 | 8,912.78 | 9,574.80 | 9,491.36 | 9,597.40 | 10,402.30 | 9,346.53 |
| Current assets | 4,443.80 | 5,652.70 | 6,424.56 | 6,368.73 | 6,531.18 | 7,437.41 | 6,760.28 |
| Cash & short-term investments | 228.16 | 435.82 | 98.31 | 53.28 | 3,083.23 | 2,130.26 | 2,657.56 |
| Inventory | 173.34 | 193.70 | 193.40 | 249.75 | 222.20 | 231.39 | 205.71 |
| Property, plant & equipment | 2,813.93 | 2,803.51 | 2,810.70 | 2,822.71 | 2,806.11 | 2,540.87 | 2,134.50 |
| Total liabilities | 5,353.44 | 6,468.70 | 6,966.82 | 7,117.03 | 7,813.02 | 8,777.72 | 7,440.90 |
| Current liabilities | 4,851.10 | 5,995.02 | 6,339.71 | 6,589.70 | 7,426.05 | 8,497.84 | 7,261.53 |
| Total debt | 1,215.58 | 1,465.27 | 1,612.87 | 1,876.58 | 1,801.29 | 1,480.81 | 764.99 |
| Total equity | 2,369.28 | 2,444.08 | 2,607.98 | 2,374.33 | 1,784.38 | 1,624.58 | 1,905.63 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | −198.65 | 95.08 | −437.45 | −293.54 | 973.82 | −153.57 | −53.49 |
| From investing | −44.65 | −302.66 | 178.24 | 46.21 | −555.99 | 669.29 | 841.84 |
| From financing | 284.84 | 195.74 | 246.84 | 241.12 | −321.93 | −485.22 | −912.72 |
| Capital expenditure | −63.92 | −29.69 | −60.16 | −60.70 | −37.57 | −15.87 | −4.28 |
| Dividends paid | — | — | — | — | — | — | — |
| Net change in cash | 41.54 | −11.84 | −12.37 | −6.21 | 95.90 | 30.50 | −124.37 |
ITI vs Peers
Side by side with other communications equipment companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| ITI | ₹251.30 | ▼ −2.26% | ₹24,176 Cr | 78.67 | 13.00 | −6.93% | 13.41% | 0.00% | This stock |
| HFCL | ₹212.30 | ▼ −2.23% | ₹32,495 Cr | 100.08 | 6.67 | 8.26% | 6.66% | 0.05% | Neutral |
| Tejas Networks | ₹514.25 | ▼ −1.47% | ₹9,157 Cr | — | 3.27 | −3.58% | −82.38% | — | Moderately Bearish |
| Avantel | ₹155.75 | ▲ +6.57% | ₹4,113 Cr | 308.18 | 13.37 | 21.27% | 7.11% | 0.12% | Neutral |
| Vindhya Telelinks | ₹2,783.40 | ▼ −2.72% | ₹3,251 Cr | 9.64 | 0.51 | 5.94% | 6.13% | 0.33% | Bullish |
| Paramount Communications | ₹60.05 | ▼ −3.58% | ₹1,965 Cr | 32.84 | 2.52 | 12.24% | 3.12% | — | Moderately Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
ITI Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 12.70× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 116 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.00%
- Payout ratio0.00%
No dividends on record.
Corporate calendar
- BoardQuarterly Results
- BoardAudited Results
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardQuarterly Results
- BoardPreferential issue of shares
- BoardAudited Results & Preferential issue
Show 3 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
About ITI
Communications Equipment
ITI Ltd is an India-based company, which is in the business of manufacturing, trading, and servicing of telecommunication equipment’s and rendering other associated ancillary services. The Company is also engaged in defense projects. It offers a complete range of telecom products and total solutions covering the whole spectrum of switching, transmission, access, and subscriber premises equipment. Its products include digital mobile radio (DMR) system, smart energy meters, mini personal computers, smaash laptop, 3d printing, bank automation products, ruggedized telephones for defense forces, smart cards and banking cards, handheld terminals for smart card authentication, set top boxes, wi-fi equipment, solar power modules, radio modems, AN rack hardware, and others. Its traded products include Optical transport network products, managed leased line network products, signaling point network products, IP/MPLS routers and switches, network management system solutions, and others.
Key people
- Rajesh RaiExecutive Chairman of the Board, Managing Director, Director (Human Resources)
- Ramana BabuChief Financial Officer
- Venkata Ramana Babu ChundruExecutive Director, Director of Marketing, Director of Finance
- Y. SathyanCompliance Officer, Company Secretary
- Sethuraman JeyanthiWhole-Time Director, Director Production
- Babji PatchillaChief Vigilance Officer
Company facts
- NSE symbolITI
- BSE code523610
- ISININE248A01017
- IndustryCommunications Equipment
- IndexNIFTY 500
- Market cap₹24,176 Cr
- Revenue (FY26)₹2,184 Cr
- Net profit (FY26)₹293 Cr
In the News
Recent headlines about ITI — they open on Mint in a new tab.
- 3 flexi-cap funds hold 52% of category's AUM: Are these biggest schemes also leading in performance?
Three flexi-cap funds account for more than half of the category's total AUM. But does their dominance in assets also translate into stronger returns? A comparison of one-year and five-year performance reveals a different picture for investors.
13 Sep 2026 · 2 min read · Mint ↗ - Highest 3-year SIP returns: SBI Gold Fund leads at 44.11%, while small-cap, mid-cap and pharma funds follow
SBI Gold Fund topped the three-year SIP return chart at 44.11%, followed by Axis Gold Fund at 43.84%, while equity funds delivered around 20-21%. The one-year data shows a shift, with Bank of India Small Cap Fund leading at 50.13% and ITI Small Cap Fund at 42.06%.
25 Aug 2026 · 2 min read · Mint ↗ - India’s PM-Setu plan has begun to align its human resources with development goals
The Pradhan Mantri Skilling and Employability Transformation through Upgraded ITI (PM-Setu) initiative draws Indian industry, technical training institutes and states together to invest in key resources for tomorrow.
24 Aug 2026 · 5 min read · Mint ↗ - Best mid-cap mutual funds: 12 funds delivered over 18% 10-year SIP returns
Mid-cap funds have rewarded long-term SIP investors, with 12 schemes generating annualised returns of more than 18% over the past decade. A comparison of three-, five- and 10-year returns also shows that recent winners are not always the best long-term wealth creators.
28 Jul 2026 · 3 min read · Mint ↗ - No large-cap fund reached Sharpe ratio of 1; several mid and small caps delivered stronger risk-adjusted returns
After analysing the list of large-cap funds, no fund was found to have touched a Sharpe ratio of 1. Among the large-cap funds, WhiteOak Capital Large Cap Fund recorded the highest Sharpe ratio at 0.64.
15 Jul 2026 · 2 min read · Mint ↗ - Beyond metros, India bets big on specialized investment funds
High-ticket funds pitched as “conservative” are drawing investors from smaller towns, led by hybrid strategies and distributor push.
15 Apr 2026 · 4 min read · Mint ↗ - Vodafone Idea, MRPL, YES Bank, Eternal— These are among the top most traded stocks on the NSE today
Vodafone Idea, Tata Silver Exchange Traded Fund, Mangalore Refinery and Petrochemicals (MRPL), YES Bank, Eternal, ITI, Dharan Infra-EPC, and Adani Power were among the most traded stocks, or most active stocks in terms of volume, on the NSE.
17 Mar 2026 · 2 min read · Mint ↗ - Understanding a Strategy Designed for Changing Market Phases
The ITI Business Cycle Fund focuses on adapting to economic cycles through dynamic sector allocation. This strategy helps investors manage portfolio risks and opportunities while recognizing the importance of adjusting to changing market environments.
26 Feb 2026 · 4 min read · Mint ↗
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