ITI

Why is ITI Ltd falling/rising?

As of 08-Aug, ITI Ltd's stock price is Rs 282.90, down 1.45%, with significant declines in both monthly and year-to-date performance. Weak fundamentals, high debt, and negative financial results contribute to its underperformance compared to the broader market.

As of 08-Aug, ITI Ltd's stock price is falling, currently at Rs 282.90, which reflects a decrease of Rs 4.15 or 1.45%. The stock has underperformed the sector today by 2.17%, and it reached an intraday low of Rs 281.2, indicating a decline of 2.04%. Over the past month, the stock has decreased by 3.28%, while year-to-date, it has fallen by 8.84%. <BR><BR>The company's long-term fundamentals are weak, highlighted by a staggering -206.42% compound annual growth rate (CAGR) in operating profits over the last five years. Additionally, ITI Ltd has a high debt-to-EBITDA ratio of 17.55 times, which suggests a low ability to service its debt. The return on equity is also low at an average of 0.91%, indicating minimal profitability per unit of shareholders' funds. <BR><BR>Recent financial results have been negative, with a profit after tax (PAT) of Rs -96.34 crore, reflecting a growth decline of 45.56%, and net sales for the quarter falling by 39.98% to Rs 627.65 crore. The company has recorded a negative EBIT of Rs -12.86 crore, further emphasizing its financial struggles. <BR><BR>Despite a significant rise in investor participation, with delivery volume increasing by 134.13% against the 5-day average, the overall sentiment remains negative. The stock has underperformed the broader market, which has generated returns of 4.11% over the last year, while ITI Ltd has seen a decline of 11.69%. This combination of weak fundamentals, negative financial results, and underperformance relative to the market contributes to the stock's current downward trajectory.

Which are the latest news on ITI?

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.

How big is ITI?

As of 10th June, ITI Ltd has a market capitalization of 28,750.00 Cr, with net sales of 2,183.71 Cr and a net profit of 231.84 Cr reported in the latest four quarters. The company has shareholder's funds of 1,624.58 Cr and total assets of 10,402.30 Cr for the annual period ending March 2025.

As of 10th June, ITI Ltd has a market capitalization of 28,750.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, ITI Ltd reported net sales of 2,183.71 Cr and a net profit of 231.84 Cr.<BR><BR>For the latest annual period ending March 2025, the company had shareholder's funds amounting to 1,624.58 Cr and total assets of 10,402.30 Cr.

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 nominees, overseeing the company's operations and strategy.

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 is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the ITI?

Peers of ITI include Indus Towers, Sterlite Tech, HFCL, Tejas Networks, Optiemus Infra, Vindhya Telelink, GTL Infra, Valiant Commun, and ADC India. Sterlite Tech leads with a 1-year return of 651.46%, while ITI has a -11.25% return, indicating underperformance.

Peers: The peers of ITI are Indus Towers, Sterlite Tech., HFCL, 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 Sterlite Tech., HFCL, Tejas Networks, Vindhya Telelink, and ADC India, and the rest have Below Average management risk. Growth is Excellent at Valiant Commun., while Average growth is noted at Indus Towers, and the rest have Below Average growth. For Capital Structure, Excellent is seen at Valiant Commun. and ADC India, Good at Indus Towers and HFCL, Average at Optiemus Infra, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sterlite Tech. at 651.46%, while ITI has a 1-year return of -11.25%, indicating a significantly lower performance compared to its peers. Additionally, Optiemus Infra and ITI have negative six-month returns.

What does ITI do?

ITI Ltd is a small-cap electronic manufacturing company specializing in 4G radio equipment and defense electronics, with net sales of 628 Cr and a net profit of 375 Cr as of March 2026. The company has a market cap of INR 28,750 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 and systems, operating within the small-cap telecom equipment and accessories industry.<BR><BR>History:<BR>ITI Ltd was incorporated in an unspecified year and has undergone status changes over time. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 628 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 375 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 28,750 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.22 <BR>Return on Equity: -11.40% <BR>Price to Book: 15.21 <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

Should I buy, sell or hold ITI Ltd?

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