ITC Limited (ITC Share price target) is an Indian conglomerate that operates in the following sectors: FMCG; Hotels; Software; Packaging; Paperboards; Agri. Founded 113 years ago in 1910, the company has its registered office in Virginia House in Kolkata. The company has a capitalization of Rs.54 trillion and is India’s second-most-valuable FMCG conglomerate after HUL. The company generated revenue of Rs. 78.498.70 crore in the current fiscal year. However, the ITC Share price target 2025 Limited has been oscillating over the past 12 months, although it has increased by 59.16 in the year 2019. This article will discuss the factors that will influence the ITC share price in 2025 and beyond.
ITC Latest News
- Jefferies, a brokerage firm, has maintained its ‘Buy’ rating on ITC, expecting the company’s cigarette EBIT margin to increase 7% year-on-year in FY2023-2026.
- ITC is set to open a new legendary Dining Establishment, the Peshawari, at its hotel Kehnur in Hyderabad, which will be the 10th of its kind in the country.
- ITC is also looking to expand its market share of YiPPee in North India, where it is India’s No 2 brand in noodles.
- The ITC brand’s growth rate has been affected by a decrease in the cigarette business, as well as a decrease in revenues from paperboard, and agri-businesses in Q3 of FY2023 (October-December).
- ITC’s share price has fallen recently after the company’s Q3 results in 2023.
ITC Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs 492.61 | Rs 428.36 |
| February | Rs 502.67 | Rs 437.10 |
| March | Rs 512.92 | Rs 446.02 |
| April | Rs 497.98 | Rs 433.03 |
| May | Rs 490.63 | Rs 426.63 |
| June | Rs 508.29 | Rs 441.99 |
| July | Rs 503.20 | Rs 437.57 |
| August | Rs 523.33 | Rs 455.07 |
| September | Rs 544.27 | Rs 473.28 |
| October | Rs 533.59 | Rs 464.00 |
| November | Rs 549.60 | Rs 477.91 |
| December | Rs 563.34 | Rs 489.86 |
(Expert Advice is recommended before making any investment-related commitment)
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 574.61 | Rs 442.01 |
| February | Rs 589.34 | Rs 453.34 |
| March | Rs 612.33 | Rs 471.02 |
| April | Rs 600.32 | Rs 461.79 |
| May | Rs 582.84 | Rs 448.34 |
| June | Rs 609.06 | Rs 468.51 |
| July | Rs 597.12 | Rs 45932 |
| August | Rs 615.59 | Rs 473.53 |
| September | Rs 637.13 | Rs 490.10 |
| October | Rs 653.70 | Rs 502.85 |
| November | Rs 670.04 | Rs 515.42 |
| December | Rs 686.79 | Rs 528.30 |
(Expert Advice is recommended before making any investment-related commitment)
ITC Share Price Target 2026 to ITC Share price target 2030
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2026 | Rs 721.13 | Rs 504.79 |
| 2027 | Rs 793.25 | Rs 555.27 |
| 2028 | Rs 1,110.54 | Rs 555.27 |
| 2029 | Rs 961.51 | Rs 480.76 |
| 2030 | Rs 1,249.96 | Rs 874.97 |
(Expert Advice is recommended before making any investment-related commitment)
ITC Financials (2023)
| Revenue | 709.37 Billion INR |  16.93% YOY |
| Operating expense | 172.12 Billion INR | 16.69% YOY |
| Net Income | 191.92 Billion INR | 25.91% YOY |
| Net Profit Margin | 27.05 | 7.68% YOY |
| Earnings Per Share | 15.05 | 21.63% |
| EBITDA | 255.74 Billion INR | 24.78% |
| Effective Tax Rate | 24.84% | |
| Total Assets | 858.83 Billion INR | 11.16% YOY |
| Total Liabilities | 163.44 Billion INR | 13.21% YOY |
| Total Equity | 695.39 Billion INR | |
| Return on assets | 18.28% | |
| Return on Capital | 22.44% | |
| P/E Ratio | 27.02 | |
| Dividend Yield | 2.87% |
ITC LTD Shareholding Pattern
- Promoters: 9.66%
- FII: 43.26%
- Public: 14.71%
- Others: 32.4%
ITC LTD Competitors (Market Cap: 5.54 Trillion INR)
- HUL (Market Cap: 5.90 Trillion INR)
- Procter & Gamble Co (Market Cap: 369.75 Billion INR)
- Nestle SA (Market Cap: 263.56 Billion INR)
- Godrej Consumer Products Ltd (Market Cap: 1.32 BTrillion INR)
- Godfrey Phillips India Ltd (Market Cap: 126.76 Billion INR)
Points to consider before investing in ITC (NSE) Stock
ITC had a year-on-year (YoY) growth of 16% and registered a profit of Rs 5,190 cr in FY2023. In FY2023, the company paid a dividend of Rs 15.50 Cr per share, which equates to a 4.59% dividend yield. ITC has more than 100 hotels in India and is the 5th largest Hotels chain in the country. Axis Securities recommended buying ITC shares with a Rs 540 price target in Dec 2023. Jefferies Broker has a “Buy” on ITC share with a Rs 520 price target. ITC as a company has demonstrated consistent and highly efficient expense management and has been able to generate substantial revenue. RTC’s FY2023 after tax profit was Rs 18.753.31 Crore, which is an increase of 30% YoY.
Conclusion
ITC (NSE) Share Price has been fluctuating over the last 12 months of trading on the NSE. The NSE share price of ITC (ITC) has decreased by 4.25% in the last six months, and has been declining steadily since January 1st, 2019, when it touched a high of Rs 504.05. In 2023, the ITC Ltd Share Price has increased by 23.48%, and has grown by 59.16% since February 1st 2019. Before investing in ITC Ltd, it is recommended to thoroughly analyze various market factors, such as the company’s last year’s earnings, dividends, and future plans.
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