ITI

Why is ITI Ltd falling/rising?

As of 24-Aug, ITI Ltd's stock price is at 278.75, reflecting a downward trend with significant declines in investor participation and negative financial results over recent quarters. The company's weak fundamentals and high debt levels contribute to the perception of risk, further impacting its stock performance.

As of 24-Aug, ITI Ltd's stock price is falling, currently at 278.75, reflecting a change of -0.15 (-0.05%). The stock has been underperforming, having lost -0.75% over the last three days, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. <BR><BR>Investor participation has also declined, with delivery volume dropping by -44.57% compared to the 5-day average, suggesting reduced interest from investors. Furthermore, the company has reported negative results for the last three consecutive quarters, with net sales and profit after tax both declining by -31.81%. The company’s weak long-term fundamentals are highlighted by a staggering -158.44% CAGR growth in operating profits over the past five years, alongside a high debt to EBITDA ratio of 17.55 times, which indicates a low ability to service debt.<BR><BR>Overall, these factors contribute to a perception of risk surrounding ITI Ltd, leading to its current decline in stock price.

Which are the latest news on ITI?

Should I buy, sell or hold ITI Ltd?

Who are in the management team of ITI?

The management team of ITI includes Rajeev Srivastava (CFO), Rakesh Chandra Tiwari (Marketing), Rajesh Rai (CMD), and several independent and government nominee directors, bringing diverse expertise to the company.

The management team of ITI includes the following individuals:<BR><BR>1. **Rajeev Srivastava** - Director (Finance) & CFO<BR>2. **Rakesh Chandra Tiwari** - Director (Marketing)<BR>3. **Raja Nayak** - Independent Director<BR>4. **Billeswar Sinha** - Independent Director<BR>5. **Mamta Palariya** - Independent Director<BR>6. **R Shakya** - Nominee (Govt)<BR>7. **Rajesh Rai** - CMD & Director (Marketing)<BR>8. **S Jeyanthi** - Director (Production)<BR>9. **Lt Gen M Unnikrishnan Nair** - Nominee (Govt)<BR>10. **Kanwar Vinod Kumar** - Nominee (Govt)<BR><BR>This team comprises a mix of executive directors, independent directors, and government nominees, each bringing diverse expertise to the company.

What does ITI do?

ITI Ltd is a small-cap electronic manufacturing company specializing in 4G radio and defense electronics, with recent net sales of 425 Cr and a net loss of 32 Cr as of June 2026. The company has a market cap of INR 27,373 Cr and a debt-equity ratio of 0.22.

Overview:<BR>ITI Ltd is a leading electronic manufacturing provider specializing in 4G radio equipment and defense electronics products, operating within the telecom equipment and accessories industry in the small-cap market.<BR><BR>History:<BR>ITI Ltd was incorporated in the past, with its latest reported quarterly results for net sales and profit being for June 2026, where it reported net sales and net profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 425 Cr (Quarterly Results - Jun 2026)<BR>Most recent Net Profit: -32 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 27,373 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.22<BR>Return on Equity: -8.20%<BR>Price to Book: 14.32<BR><BR>Contact Details:<BR>Address: ITI Bhavan, Doorvaninagar Bangalore Karnataka : 560016<BR>Tel: 91-080-2561 7486<BR>Email: cosecy_crp@itiltd.co.in<BR>Website: http://www.itiltd-india.com

Who are the peers of the ITI?

ITI's peers include Indus Towers, HFCL, Sterlite Tech, Tejas Networks, Optiemus Infra, Vindhya Telelink, GTL Infra, Valiant Commun, and ADC India. Indus Towers shows strong management and growth, while ITI has below-average performance in management risk, growth, and a 1-year return of -6.65%.

Peers: The peers of ITI are Indus Towers, HFCL, Sterlite Tech., Tejas Networks, Optiemus Infra, Vindhya Telelink, GTL Infra., Valiant Commun., and ADC India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indus Towers and Valiant Commun., while Average management risk is found at HFCL, Sterlite Tech., Tejas Networks, Vindhya Telelink, and ADC India, and the rest have Below Average management risk. Good growth is seen at Indus Towers, Optiemus Infra, and Valiant Commun., while Below Average growth is noted at HFCL, Sterlite Tech., ITI, Tejas Networks, Vindhya Telelink, GTL Infra., and the rest. Good capital structure is present at Indus Towers, HFCL, and ADC India, while Below Average capital structure is observed at Sterlite Tech., ITI, Tejas Networks, Vindhya Telelink, GTL Infra., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sterlite Tech. at 415.51%, while ITI has the lowest at -6.65%. Compared to its peers, ITI's 1-year return is significantly lower. Additionally, GTL Infra. and Optiemus Infra. have negative six-month returns.

How big is ITI?

As of 14th August, ITI Ltd has a market capitalization of 26,650.61 Cr, with net sales of 2,110.73 Cr and a net profit of 324.16 Cr reported in the latest four quarters.

As of 14th August, ITI Ltd has a market capitalization of 26,650.61 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, ITI Ltd reported net sales of 2,110.73 Cr and a net profit of 324.16 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 1,624.58 Cr and total assets of 10,402.30 Cr.

When is the next results date for ITI Ltd?

The next results date for ITI Ltd is 13 August 2026.

The next results date for ITI Ltd is scheduled for 13 August 2026.

Are ITI Ltd latest results good or bad?

ITI Ltd's latest results are concerning, showing a misleading net profit increase due to a one-time accounting adjustment, while revenue has significantly declined by nearly 40% year-on-year and the operating margin is at a record low of -17.71%. Overall, these indicators suggest the company is facing serious operational challenges.

The latest results for ITI Ltd indicate significant challenges within the company. While the net profit for Q4 FY26 shows an extraordinary increase of 8,664.84% year-on-year, this figure is misleading. It primarily stems from an unusual accounting adjustment, specifically a depreciation reversal of ₹95.04 crores, which has artificially inflated the profit. Without this one-time gain, the company would have reported a substantial loss exceeding ₹280 crores for the quarter.<BR><BR>On the revenue front, ITI experienced a drastic decline of 39.98% year-on-year, with net sales dropping to ₹627.65 crores from ₹1,045.70 crores in the same quarter the previous year. Although there was a sequential growth of 21.96% from the previous quarter, this modest recovery does not offset the overall negative trend.<BR><BR>The operating margin has also deteriorated sharply, with a record low of -17.71%, indicating severe operational distress. Additionally, the interest coverage ratio is concerning, at -1.38x, suggesting that the company is struggling to meet its debt obligations from operational cash flows.<BR><BR>Overall, while the reported profit might seem impressive at first glance, the underlying operational issues and declining revenue present a troubling picture for ITI Ltd. The results reflect a company in crisis rather than one that is performing well.

How has been the historical performance of ITI?

ITI's historical performance shows significant fluctuations, with net sales increasing to 3,616.42 Cr in Mar'25, but still facing a net loss of -214.89 Cr and negative cash flow of -135.00 Cr. While there are signs of recovery in sales, profitability and cash flow challenges persist.

Answer:<BR>The historical performance of ITI shows significant fluctuations in its financial metrics over the years, particularly from Mar'19 to Mar'25.<BR><BR>Breakdown:<BR>In terms of net sales, ITI reported a substantial increase in Mar'25 with net sales reaching 3,616.42 Cr, a notable rise from 1,263.63 Cr in Mar'24 and 1,395.45 Cr in Mar'23. However, total expenditure also surged to 3,676.31 Cr in Mar'25, leading to an operating profit (PBDIT) of 25.31 Cr, a recovery from the losses of -275.08 Cr in Mar'24. Despite this, the company faced a profit before tax of -233.15 Cr in Mar'25, although this was an improvement from -569.06 Cr in Mar'24. The consolidated net profit for Mar'25 was -214.89 Cr, which was less severe than the -568.92 Cr recorded in Mar'24. The earnings per share (EPS) reflected this trend, showing a loss of -2.24 in Mar'25 compared to -5.92 in Mar'24. On the balance sheet, total assets grew to 10,402.30 Cr in Mar'25 from 9,597.40 Cr in Mar'24, while total liabilities also increased to 10,402.30 Cr. The cash flow from operating activities was negative at -135.00 Cr in Mar'25, contrasting sharply with a positive cash flow of 973.00 Cr in Mar'24. Overall, while ITI has shown signs of recovery in sales and reduced losses, it continues to grapple with profitability and cash flow challenges.

Is ITI technically bullish or bearish?

As of 27 October 2025, the trend has shifted to bullish, supported by daily moving averages and weekly MACD, although caution is advised due to mildly bearish monthly MACD and KST indicators.

As of 27 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and the weekly MACD being bullish. The Bollinger Bands also support this bullish sentiment on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the strength of the bullish trend is supported by the daily moving averages and the positive performance over the past year compared to the Sensex.

Who are the top shareholders of the ITI?

The top shareholders of ITI are the President of India with 89.99%, the Special National Investment Fund with 7.88%, and individual investors holding 1.95%. Mutual funds and foreign institutional investors hold a combined total of 0.05%.

The top shareholders of ITI include the President of India, who holds a significant 89.99% stake in the company. The next largest public shareholder is the Special National Investment Fund, with a holding of 7.88%. Additionally, individual investors collectively own 1.95% of the shares. There are also mutual funds involved, with 32 schemes holding a total of 0.04%, and 10 foreign institutional investors (FIIs) holding 0.01%.

Is ITI overvalued or undervalued?

As of May 30, 2023, ITI is considered overvalued and risky, with concerning financial metrics such as a PE ratio of -124.78 and an EV to EBITDA of -538.39, especially when compared to peers like Indus Towers and HFCL, despite a recent strong performance.

As of 30 May 2023, ITI's valuation grade has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued based on its financial metrics. Key ratios include a PE ratio of -124.78, an EV to EBITDA of -538.39, and a Price to Book Value of 19.20, all of which suggest considerable concerns regarding profitability and valuation.<BR><BR>In comparison to its peers, ITI's financials stand out negatively; for instance, Indus Towers has a PE ratio of 10.58 and an EV to EBITDA of 5.93, while HFCL shows a PE of 74.32 and an EV to EBITDA of 31.30. These comparisons highlight that ITI is not only underperforming but also carries a higher risk profile relative to its industry counterparts. Despite a recent strong performance with a 39.31% return over the past month compared to the Sensex's 3.86%, the overall financial indicators suggest that ITI remains overvalued in the current market environment.

Has ITI declared dividend?

No Dividend History Available