ITC Share Price Target By 2025

Let’s predict ITC share price target by 2025 based on its past returns, future projections, and technical factors.

ITC Limited, headquartered in Kolkata, India, is a diversified conglomerate with a robust presence across six business segments: FMCG, hotels, agribusiness, information technology, paper products, and packaging.

The company generates a significant portion of its revenue from its tobacco products, making it a key player in the global tobacco industry.

As the second-largest FMCG company in India and the third-largest tobacco company globally by market capitalization, based on investors and market analysts closely monitoring ITC’s growth trajectory.

ITC Share Price Target By 2025

January 2025

Predicted Share Price Range: ₹480 – ₹490 The year starts with a positive outlook due to the company’s strong performance in the FMCG and tobacco sectors.

Investor confidence is high, driven by solid quarterly results and strategic initiatives in sustainable packaging.

February 2025

Predicted Share Price Range: ₹485 – ₹495 February is expected to maintain the momentum from January, with continued strong demand in FMCG and agribusiness.

The company’s extensive retail network and product diversification contribute to steady growth.

March 2025

Predicted Share Price Range: ₹490 – ₹500 As the financial year ends, ITC’s share price is likely to rise due to the anticipation of robust annual results.

The company’s diversified portfolio and strong brand equity are expected to positively impact its financial performance.

April 2025

Predicted Share Price Range: ₹495 – ₹505 April may see further gains as Q1 results for 2025 reflect the company’s growth in non-tobacco segments.

ITC’s strategic expansion in new product lines and markets continues to drive investor interest.

May 2025

Predicted Share Price Range: ₹500 – ₹510 The positive trend is expected to continue in May, supported by sustained growth in FMCG and the hotel sector. Market sentiment remains bullish on ITC’s prospects.

June 2025

Predicted Share Price Range: ₹505 – ₹515 Mid-year stabilization is anticipated, with slight upward movements driven by consistent performance across all business segments. ITC’s focus on sustainability and innovation attracts favorable attention from investors.

July 2025

Predicted Share Price Range: ₹510 – ₹520 July could see a rise in share prices as investors look forward to strong Q2 results for 2025.

The company’s strategic initiatives in agribusiness and information technology are expected to show promising results.

August 2025

Predicted Share Price Range: ₹515 – ₹525 The positive momentum is likely to continue into August, supported by robust Q2 results and ongoing growth in the FMCG sector. ITC’s efforts in eco-friendly product lines may also bolster investor confidence.

September 2025

Predicted Share Price Range: ₹520 – ₹530 As ITC enters the second half of the year, its share price is expected to remain robust, driven by sustained growth and strategic execution in core business areas.

October 2025

Predicted Share Price Range: ₹525 – ₹535 October may witness a spike in share prices due to increased demand during the festive season.

ITC’s diversified portfolio helps capitalize on seasonal sales, boosting its financial performance.

November 2025

Predicted Share Price Range: ₹530 – ₹540 The festive season continues to drive sales, particularly in the FMCG and tobacco segments.

Any strategic announcements or expansions planned by ITC could further enhance market sentiment.

December 2025

Predicted Share Price Range: ₹535 – ₹545 The year is expected to end on a high note, with strong Q3 results for 2025 and positive market sentiment.

ITC’s consistent performance and strategic growth initiatives will likely keep investor confidence high.

Quarterly Financial Performance

ITC’s financial performance over recent quarters highlights its resilience and growth potential. Here is a summary of its quarterly results in consolidated figures (in Rs. Crores):

Quarter	Sales	Expenses	Operating Profit	OPM %	Other Income	Interest	Depreciation	Profit Before Tax	Tax %	Net Profit	EPS (Rs)
Mar 2021	14,342	9,471	4,871	34%	579	3	409	5,039	24%	3,820	3.05
Jun 2021	13,247	8,804	4,444	34%	447	9	414	4,467	25%	3,344	2.66
Sep 2021	13,757	8,740	5,018	36%	469	10	422	5,055	26%	3,766	3.01
Dec 2021	17,108	11,510	5,598	33%	422	10	430	5,580	26%	4,127	3.29
Mar 2022	16,556	10,956	5,599	34%	499	11	467	5,620	24%	4,266	3.40
Jun 2022	18,489	12,412	6,077	33%	321	9	438	5,950	25%	4,472	3.56
Sep 2022	17,108	10,849	6,259	37%	455	13	462	6,239	25%	4,682	3.73
Dec 2022	17,705	11,000	6,705	38%	595	9	447	6,844	26%	5,080	4.03
Mar 2023	17,635	11,011	6,624	38%	683	12	461	6,833	24%	5,243	4.16
Jun 2023	17,164	10,494	6,670	39%	722	10	442	6,940	25%	5,190	4.10
Sep 2023	17,774	11,320	6,454	36%	665	10	453	6,656	26%	4,965	3.93
Dec 2023	18,019	11,516	6,504	36%	651	14	459	6,682	19%	5,407	4.28
Mar 2024	17,923	11,296	6,626	37%	682	13	461	6,834	24%	5,191	4.10

Annual Performance Overview

ITC’s annual performance further underscores its financial strength and consistent growth:

Year	Sales	Expenses	Operating Profit	OPM %	Other Income	Interest	Depreciation	Profit Before Tax	Tax %	Net Profit	EPS (Rs)	Dividend Payout %
Mar 2013	31,618	20,398	11,221	35%	852	108	859	11,106	31%	7,704	6.42	55%
Mar 2014	35,306	22,227	13,080	37%	966	29	965	13,052	31%	9,001	7.45	54%
Mar 2015	38,817	24,566	14,252	37%	1,229	91	1,028	14,362	32%	9,779	8.04	52%
Mar 2016	39,192	24,661	14,531	37%	1,483	78	1,077	14,859	36%	9,501	7.74	73%
Mar 2017	42,768	27,298	15,470	36%	1,759	49	1,153	16,026	35%	10,477	8.47	56%
Mar 2018	43,449	26,928	16,521	38%	2,240	115	1,236	17,409	34%	11,493	9.24	56%
Mar 2019	48,340	29,802	18,537	38%	2,080	71	1,397	19,150	33%	12,836	10.27	56%
Mar 2020	49,388	30,044	19,344	39%	2,417	81	1,645	20,035	22%	15,593	12.45	82%
Mar 2021	49,257	32,193	17,065	35%	2,577	58	1,646	17,938	25%	13,383	10.69	101%
Mar 2022	60,645	40,021	20,623	34%	1,910	60	1,732	20,740	25%	15,503	12.37	93%
Mar 2023	70,919	45,215	25,704	36%	2,098	78	1,809	25,915	25%	19,477	15.44	100%
Mar 2024	70,866	44,634	26,233	37%	2,804	80	1,816	27,140	24%	20,751	16.39	84%

Compounded Growth Metrics

ITC’s growth over different time horizons presents a compelling picture:

• Compounded Sales Growth:
  • 10 Years: 7%
  • 5 Years: 8%
  • 3 Years: 13%
  • TTM: 0%
• Compounded Profit Growth:
  • 10 Years: 9%
  • 5 Years: 10%
  • 3 Years: 16%
  • TTM: 7%
• Stock Price CAGR:
  • 10 Years: 7%
  • 5 Years: 12%
  • 3 Years: 32%
  • 1 Year: -4%
• Return on Equity:
  • 10 Years: 25%
  • 5 Years: 26%
  • 3 Years: 28%
  • Last Year: 28%

Balance Sheet Analysis

ITC’s balance sheet reflects its solid financial foundation:

Year	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2013	790	22,368	102	12,069	35,329	12,140	2,062	5,981	15,146	35,329
Mar 2014	795	26,134	78	15,504	42,511	14,072	2,267	9,146	17,026	42,511
Mar 2015	799	30,324	152	17,289	48,564	16,288	2,437	10,337	19,501	48,564
Mar 2016	803	34,673	162	17,396	53,034	18,096	2,496	11,531	20,911	53,034
Mar 2017	1,210	39,295	204	19,951	60,660	19,746	2,734	16,693	21,487	60,660
Mar 2018	1,218	44,449	153	23,255	69,075	22,583	3,174	17,930	25,388	69,075
Mar 2019	1,225	50,196	245	25,350	76,789	25,320	2,809	17,738	30,921	76,789
Mar 2020	1,230	54,220	226	24,476	80,153	27,499	3,372	19,579	29,702	80,153
Mar 2021	1,230	55,574	86	28,445	85,335	27,378	3,260	21,266	33,431	85,335
Mar 2022	1,230	63,293	38	32,167	96,728	30,418	2,879	24,029	39,402	96,728
Mar 2023	1,230	70,905	39	33,947	106,121	34,164	3,101	26,896	41,960	106,121
Mar 2024	1,230	80,050	41	34,693	115,923	36,185	3,250	30,444	46,044	115,923

Promoter and Institutional Holdings

Understanding the ownership structure is crucial for assessing control and potential influence on corporate governance:

Date	Promoters	DIIs	FIIs	Public
Jun 2022	0.00%	42.91%	11.64%	45.45%
Sep 2022	0.00%	42.87%	12.85%	44.28%
Dec 2022	0.00%	42.86%	13.04%	44.10%
Mar 2023	0.00%	42.70%	12.97%	44.33%
Jun 2023	0.00%	42.79%	12.89%	44.32%
Sep 2023	0.00%	42.92%	12.78%	44.30%

SWOT Analysis

Strengths

• Diversified Portfolio: ITC’s presence across multiple sectors, from FMCG to hotels, mitigates risks associated with reliance on a single industry.
• Strong Brand Equity: Brands like Aashirvaad, Sunfeast, and Bingo have strong consumer recognition and loyalty.
• Robust Financials: Consistent revenue and profit growth, coupled with a high return on equity, indicate a strong financial position.

Weaknesses

• Regulatory Risks: The tobacco industry faces stringent regulations and high taxation, which could impact ITC’s profitability.
• Dependence on Tobacco: Despite diversification, a significant portion of revenue still comes from the tobacco segment.

Opportunities

• Expansion in FMCG: Continued growth and innovation in the FMCG sector can drive future revenue.
• Sustainability Initiatives: Increasing focus on sustainable practices and eco-friendly products aligns with global trends and consumer preferences.

Threats

• Competitive Pressure: Intense competition in the FMCG sector from both domestic and international players.
• Economic Slowdown: Economic downturns can affect consumer spending and overall demand.

Conclusion

ITC Limited is well-positioned for growth with its diversified business model, strong brand equity, and robust financial health.

While regulatory risks and competition pose challenges, the company’s strategic focus on expanding its FMCG footprint and sustainability initiatives offers significant growth potential.

Investors should monitor industry trends, regulatory developments, and ITC’s quarterly performance to make informed investment decisions to predict ITC share price target by 2025.