ITC Limited is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal. It is one of India’s largest private sector companies, with a turnover of over ₹69,481 crores (US$9.5 billion) in 2022-23. ITC has a diversified presence across industries such as FMCG, hotels, packaging, paperboards & specialty papers, and agri-business.
The company’s FMCG business is its largest segment, accounting for over 80% of its revenue. ITC’s FMCG brands include:
- Aashirvaad
- Sunfeast
- Bingo!
- Kitchens of India
- Sunfeast Yippee!
- B Natural
- Sunfeast Milkshake
- mint-o
- Candyman
- Jelimals
- GumOn
- Fabelle
- Sunbean
- ITC Master Chef
- Farmland
- Sunrise
ITC Limited’s hotels business is the second-largest segment, accounting for over 10% of its revenue. ITC Hotels operates over 100 hotels in India and overseas. The company’s hotel brands include:
- ITC Grand Bharat
- ITC Maurya
- ITC Sonar
- ITC Gardenia
- ITC WelcomeHotel
- Fortune Hotels
- WelcomHeritage
ITC Limited’s packaging, paperboards & specialty papers business is the third-largest segment, accounting for over 5% of its revenue. ITC’s packaging and paperboard products are used by a variety of industries, including food and beverage, pharmaceuticals, and personal care.
ITC Limited’s agri-business is the smallest segment, accounting for less than 5% of its revenue. ITC’s agri-business segment provides a range of services to farmers, including input supply, extension services, and market linkages.
ITC Limited is a publicly traded company and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company’s majority shareholder is the Government of India.
How ITC Limited is doing
ITC Limited is a well-established and profitable company. The company has been growing steadily over the past few years. In 2022-23, ITC’s revenue grew by 13% and its net profit grew by 15%.
ITC’s FMCG business is the main driver of its growth. The company’s FMCG brands are well-known and respected by Indian consumers. ITC is also expanding its FMCG business overseas.
ITC’s hotels business is also performing well. The company is benefiting from the growing tourism industry in India. ITC is also expanding its hotels business overseas.
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ITC’s packaging, paperboards & specialty papers business is also growing. The company is benefiting from the growing demand for packaging and paperboard products in India.
ITC’s agri-business is the smallest segment, but it is also growing. The company is benefiting from the government’s focus on agriculture.
Overall, ITC is a well-established and profitable company with a diversified presence across industries. The company is growing steadily and is well-positioned for future growth.
Challenges and opportunities
ITC faces a number of challenges, including:
- Intense competition from domestic and international players
- Rising input costs
- Inflation
- Regulatory challenges
Despite these challenges, ITC has a number of opportunities for growth, including:
- Growing demand for its FMCG products in India and overseas
- Growing tourism industry in India
- Growing demand for packaging and paperboard products in India
- Government’s focus on agriculture
ITC’s future outlook
ITC has a strong track record of growth and profitability. The company is well-positioned to benefit from the growing Indian economy and the growing demand for its products and services. ITC is also well-positioned to expand its business overseas.
Overall, ITC has a positive future outlook. The company is likely to continue to grow steadily in the coming years.
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