Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of ITI Ltd

About the Company - ITI Ltd

ITI Ltd. is a Public Limited Listed company incorporated on 25/01/1950 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L32202KA1950GOI000640 and registration number is 000640. Currently company belongs to the Industry of Telecom Equipment. Company’s Total Operating Revenue is Rs. 1860.73 Cr. and Equity Capital is Rs. 933.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Telecom EquipmentITI Bhavan, Doorvani Nagar, Bengaluru Karnataka 560016cosecy_crp@itiltd.co.in
https://www.itiltd.in
Management
NamePosition Held
Mr. Anand SinghChairman & Managing Director
Mr. Rajeev SrivastavaDirector - Finance & CFO
Mr. Rakesh Chandra TiwariDirector - Marketing
Dr. Rajesh SharmaGovernment Nominee Director
Mr. Raja NayakIndependent Director
Mr. Billeswar SinhaIndependent Director
Mrs. Mamta PalariyaIndependent Director

ITI Ltd. Share Price Update

Share PriceValue
Today₹327.05
Previous Day₹343.60

Basic Stock Data of ITI Ltd

Market Cap 30,129 Cr.
Current Price 314
High / Low384/86.5
Stock P/E
Book Value 21.7
Dividend Yield0.00 %
ROCE3.60 %
ROE14.7 %
Face Value 10.0

Data Source: screener.in

ITI Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales4344971,2662293521371,142166198256775157246
Expenses5114881,087274359175944230246291781206299
Operating Profit-789179-44-7-38197-64-49-35-6-49-53
OPM %-18%2%14%-19%-2%-27%17%-38%-25%-14%-1%-31%-21%
Other Income78106512107226221010101310
Interest45403445455052465051635569
Depreciation1111911151213121212131213
Profit before tax-56-32201-88-56-93357-99-100-87-73-103-126
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-56-32201-88-56-93357-99-100-87-73-103-126
EPS in Rs-0.61-0.342.16-0.94-0.60-0.993.83-1.06-1.06-0.92-0.77-1.07-1.31

ITI Ltd Quarterly Chart

ITI Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9168437095741,2521,5281,4751,6682,0592,3621,8611,3951,435
Expenses1,2121,1329537851,4241,6331,3941,7691,9132,3111,7521,5491,578
Operating Profit-296-289-244-210-172-10581-10014651109-154-143
OPM %-32%-34%-34%-37%-14%-7%6%-6%7%2%6%-11%-10%
Other Income3321039865945413273361841612555343
Interest8585122157157153153106141160192210238
Depreciation21181715131725374242515051
Profit before tax-370-182-344-2972512662319314711120-360-389
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-370-182-344-2972512662319314711120-360-389
EPS in Rs-12.84-6.32-11.95-10.328.724.763.031.031.590.121.29-3.79-4.07
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

ITI Ltd Profit & Loss Yearly Chart

ITI Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:-1%
3 Years:-12%
TTM:-18%
Compounded Profit Growth
10 Years:0%
5 Years:%
3 Years:%
TTM:-674%
Stock Price CAGR
10 Years:35%
5 Years:27%
3 Years:36%
1 Year:215%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:-3%
Last Year:-15%

ITI Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital288288288288288560760897925934934950961
Reserves8255842311253894998688971,3571,4751,6401,3901,120
Preference Capital3003003003003000000000
Borrowings4856088761,2211,1391,5241,2261,2591,2161,4651,6131,8771,941
Other Liabilities5,6685,5613,7263,7414,0522,9654,1893,9434,2255,0435,3945,2805,002
Total Liabilities7,2677,0415,1215,3745,8685,5487,0446,9957,7238,9179,5809,4979,023
Fixed Assets2,5172,4862,4532,4232,4582,5062,6202,6952,6932,7022,7292,7522,751
CWIP21213392102149165189169150139138
Investments0000000000000
Other Assets4,7484,5542,6472,9173,3182,9394,2744,1354,8416,0466,7016,6056,134
Total Assets7,2677,0415,1215,3745,8685,5487,0446,9957,7238,9179,5809,4979,023

ITI Ltd Reserves and Borrowings Chart

ITI Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -128-179-127-149-319-347-10922-19796-436-294
Cash from Investing Activity -1-3-19-10-104-75-96-124-75-30617746
Cash from Financing Activity 57178161398273468364-19285198247241
Net Cash Flow-72-415239-15045158-12113-12-12-6

ITI Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1,1951,4661,0011,170500525762581490394536635
Inventory Days17120634124775110126114167196118261
Days Payable2,1953,0065,3453,6371,0211,2281,4821,1091,5001,5788551,242
Cash Conversion Cycle-829-1,334-4,003-2,220-447-594-594-414-844-988-202-345
Working Capital Days-168-275-321-399-364-73-1646649234340
ROCE %-14%-15%-13%-8%15%18%14%7%9%5%8%-4%

ITI Ltd Financial Efficiency Indicators Chart

ITI Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters90.30%90.09%90.09%90.09%90.09%90.00%90.09%90.09%90.17%90.17%90.28%90.28%
FIIs0.02%0.02%0.02%0.02%0.02%0.04%0.05%0.07%0.07%0.08%0.08%0.09%
DIIs0.00%0.00%0.01%0.01%0.02%0.01%0.02%0.01%0.01%0.01%0.01%0.01%
Government7.51%7.74%7.74%7.74%7.74%7.83%7.76%7.76%7.70%7.70%7.61%7.61%
Public2.16%2.14%2.14%2.14%2.13%2.12%2.08%2.06%2.03%2.03%2.01%1.99%
No. of Shareholders76,93475,98677,65876,15777,41377,91578,01777,02475,48975,88674,75480,144

ITI Ltd Shareholding Pattern Chart

No. of ITI Ltd Shareholders

ITI Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India Nifty Smallcap 250 Index Fund580760.221.57
Motilal Oswal Nifty Smallcap 250 Index Fund364620.220.98
SBI Nifty Smallcap 250 Index Fund267580.220.72
Motilal Oswal Nifty 500 Index Fund39840.020.11
Edelweiss Nifty Smallcap 250 Index Fund12260.220.03
Groww Nifty Total Market Index Fund2150.020.01
Motilal Oswal Nifty 500 ETF1740.020

ITI Ltd ROCE Trend

ITI Ltd EPS Trend

ITI Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-3.811.280.101.620.97
Diluted EPS (Rs.)-3.811.280.101.620.97
Cash EPS (Rs.)-3.271.830.562.051.45
Book Value[Excl.RevalReserv]/Share (Rs.)23.8827.3026.3125.08-6.20
Book Value[Incl.RevalReserv]/Share (Rs.)23.8827.3026.3125.0819.82
Revenue From Operations / Share (Rs.)14.7019.9325.3022.2518.60
PBDIT / Share (Rs.)-1.063.892.283.572.63
PBIT / Share (Rs.)-1.593.351.833.112.22
PBT / Share (Rs.)-3.791.300.111.591.03
Net Profit / Share (Rs.)-3.791.300.111.591.03
NP After MI And SOA / Share (Rs.)-3.791.280.101.581.03
PBDIT Margin (%)-7.2319.528.9916.0214.15
PBIT Margin (%)-10.7816.837.2213.9911.92
PBT Margin (%)-25.806.500.477.165.54
Net Profit Margin (%)-25.806.500.477.165.54
NP After MI And SOA Margin (%)-25.786.430.397.075.54
Return on Networth / Equity (%)-15.874.690.386.27-16.62
Return on Capital Employeed (%)-5.1810.165.8210.208.28
Return On Assets (%)-3.791.240.101.881.32
Long Term Debt / Equity (X)0.070.110.120.07-0.53
Total Debt / Equity (X)0.820.630.590.52-2.26
Asset Turnover Ratio (%)0.140.200.280.280.23
Current Ratio (X)0.960.980.940.900.89
Quick Ratio (X)0.920.950.910.870.85
Inventory Turnover Ratio (X)0.740.620.950.551.86
Interest Coverage Ratio (X)-0.481.891.332.352.22
Interest Coverage Ratio (Post Tax) (X)-0.711.631.072.051.87
Enterprise Value (Cr.)10213.8410332.5511661.486761.769639.47
EV / Net Operating Revenue (X)7.325.554.943.285.78
EV / EBITDA (X)-101.1128.4554.8620.4940.83
MarketCap / Net Operating Revenue (X)6.134.854.552.815.15
Price / BV (X)3.773.544.382.50-15.43
Price / Net Operating Revenue (X)6.134.854.552.815.15
EarningsYield-0.040.010.000.020.01

ITI Ltd Profitability Ratios (%)

ITI Ltd Liquidity Ratios

ITI Ltd Liquidity Ratios (%)

ITI Ltd Interest Coverage Ratios (%)

ITI Ltd Valuation Ratios

Fair Value of ITI Ltd Stock

Fair Value: ₹48.81

The stock is overvalued by 84.46% compared to the current price ₹314

*Investments are subject to market risks

Strength and Weakness of ITI Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 1.78 and average Dividend Yield of 7.84%.
  2. The stock has a low average Working Capital Days of -70.67, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -438.67, which is a positive sign.
  4. The company has higher reserves (876.92 cr) compared to borrowings (115.38 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 1.83%, which may not be favorable.
  2. The company has not shown consistent growth in sales (234.85) and profit (-63.31).

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in ITI Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE