Historical Financial Statement - ITC LTD

Years Mar/14 Mar/15 Mar/16 Mar/17 Mar/18

# Income Statement
Sales ₹ 35,306.43 ₹ 38,817.15 ₹ 39,192.10 ₹ 42,767.60 ₹ 43,448.94
Sales Growth - 9.94% 0.97% 9.12% 1.59%

COGS ₹ 17,785.06 ₹ 19,688.38 ₹ 19,162.94 ₹ 21,949.12 ₹ 21,967.50

COGS % Sales 50.37% 50.72% 48.89% 51.32% 50.56%

Gross Profit ₹ 17,521.37 ₹ 19,128.77 ₹ 20,029.16 ₹ 20,818.48 ₹ 21,481.44

Gross Margins 49.63% 49.28% 51.11% 48.68% 49.44%

Selling & General Expenses ₹ 4,441.47 ₹ 4,877.15 ₹ 5,497.67 ₹ 5,348.97 ₹ 4,960.85

S&G Exp % Sales 12.58% 12.56% 14.03% 12.51% 11.42%

EBITDA ₹ 13,079.90 ₹ 14,251.62 ₹ 14,531.49 ₹ 15,469.51 ₹ 16,520.59

EBITDA Margins 37.05% 36.71% 37.08% 36.17% 38.02%

Interest ₹ 29.17 ₹ 90.96 ₹ 78.13 ₹ 49.03 ₹ 115.01

Interest % Sales 0.08% 0.23% 0.20% 0.11% 0.26%

Depreciation ₹ 964.92 ₹ 1,027.96 ₹ 1,077.40 ₹ 1,152.79 ₹ 1,236.28

Depreciation%Sales 2.73% 2.65% 2.75% 2.70% 2.85%

Earnings Before Tax ₹ 12,085.81 ₹ 13,132.70 ₹ 13,375.96 ₹ 14,267.69 ₹ 15,169.30

EBT % Sales 34.23% 33.83% 34.13% 33.36% 34.91%

Tax ₹ 4,060.93 ₹ 4,596.42 ₹ 5,358.21 ₹ 5,549.09 ₹ 5,916.43

Effective Tax Rate 11.50% 11.84% 13.67% 12.97% 13.62%

Net Profit ₹ 8,024.88 ₹ 8,536.28 ₹ 8,017.75 ₹ 8,718.60 ₹ 9,252.87

Net Margins 22.73% 21.99% 20.46% 20.39% 21.30%

No of Equity Shares 1192.98 1202.33 1207.08 1214.74 1220.43

Earnings per Share ₹ 6.73 ₹ 7.10 ₹ 6.64 ₹ 7.18 ₹ 7.58

EPS Growth % 5.55% -6.44% 8.06% 5.63%

Dividend per Share ₹ 4.00 ₹ 4.17 ₹ 5.67 ₹ 4.75 ₹ 5.15

Dividend payout ratio 59% 59% 85% 66% 68%

Retained Earnings 40.54% 41.31% 14.69% 33.82% 32.07%

# Balance Sheet
Equity Share Capital ₹ 795.3 ₹ 801.6 ₹ 804.7 ₹ 1,214.7 ₹ 1,220.4
Reserves ₹ 26,441.6 ₹ 30,933.9 ₹ 41,874.8 ₹ 45,198.2 ₹ 51,289.7
Borrowings ₹ 242.4 ₹ 268.8 ₹ 83.8 ₹ 45.7 ₹ 35.9
Other Liabilities ₹ 13,369.0 ₹ 13,947.9 ₹ 8,888.0 ₹ 9,439.7 ₹ 11,694.9
Total Liabilities ₹ 40,848.4 ₹ 45,952.2 ₹ 51,651.3 ₹ 55,898.3 ₹ 64,240.9

Fixed Assets Net Block ₹ 12,921.3 ₹ 15,303.3 ₹ 15,106.6 ₹ 15,893.5 ₹ 16,524.0

Capital Work in Progress ₹ 3,117.4 ₹ 2,700.2 ₹ 2,559.7 ₹ 3,729.9 ₹ 5,508.3
Investments ₹ 7,284.0 ₹ 6,942.8 ₹ 11,747.6 ₹ 17,581.4 ₹ 22,052.9
Other Assets ₹ 3,341.1 ₹ 21,006.0 ₹ 22,237.4 ₹ 18,693.6 ₹ 20,155.7
Total Non Current Assets ₹ 26,663.8 ₹ 27,487.1 ₹ 34,608.8 ₹ 42,340.5 ₹ 51,163.9

Receivables ₹ 2,439.21 ₹ 1,982.07 ₹ 1,917.18 ₹ 2,474.29 ₹ 2,682.29

Inventory ₹ 8,255.24 ₹ 8,586.87 ₹ 9,062.10 ₹ 8,116.10 ₹ 7,495.09
Cash & Bank ₹ 3,490.19 ₹ 7,896.22 ₹ 6,063.30 ₹ 2,967.40 ₹ 2,899.60
Total Current Assets ₹ 14,184.64 ₹ 18,465.16 ₹ 17,042.58 ₹ 13,557.79 ₹ 13,076.98

Total Assets 40848.4 45952.2 51651.3 55898.3 64240.9

Check 1 TRUE TRUE TRUE TRUE

ement - ITC LTD
Mar/19 Mar/20 Mar/21 Mar/22 Mar/23

₹ 48,339.58 ₹ 49,387.70 ₹ 49,257.45 ₹ 60,644.54 ₹ 70,919.03

11.26% 2.17% -0.26% 23.12% 16.94%

₹ 24,215.95 ₹ 24,330.40 ₹ 26,881.51 ₹ 34,053.06 ₹ 38,302.13

50.10% 49.26% 54.57% 56.15% 54.01%

₹ 24,123.63 ₹ 25,057.30 ₹ 22,375.94 ₹ 26,591.48 ₹ 32,616.90

49.90% 50.74% 45.43% 43.85% 45.99%

₹ 5,586.24 ₹ 5,713.76 ₹ 5,311.16 ₹ 5,968.33 ₹ 6,912.64

11.56% 11.57% 10.78% 9.84% 9.75%

₹ 18,537.39 ₹ 19,343.54 ₹ 17,064.78 ₹ 20,623.15 ₹ 25,704.26

38.35% 39.17% 34.64% 34.01% 36.24%

₹ 71.40 ₹ 81.38 ₹ 57.97 ₹ 59.99 ₹ 77.77

0.15% 0.16% 0.12% 0.10% 0.11%

₹ 1,396.61 ₹ 1,644.91 ₹ 1,645.59 ₹ 1,732.41 ₹ 1,809.01

2.89% 3.33% 3.34% 2.86% 2.55%

₹ 17,069.38 ₹ 17,617.25 ₹ 15,361.22 ₹ 18,830.75 ₹ 23,817.48

35.31% 35.67% 31.19% 31.05% 33.58%

₹ 6,313.92 ₹ 4,441.79 ₹ 4,555.29 ₹ 5,237.34 ₹ 6,438.40

13.06% 8.99% 9.25% 8.64% 9.08%

₹ 10,755.46 ₹ 13,175.46 ₹ 10,805.93 ₹ 13,593.41 ₹ 17,379.08

22.25% 26.68% 21.94% 22.41% 24.51%

1225.86 1229.22 1230.88 1232.33 1242.8

₹ 8.77 ₹ 10.72 ₹ 8.78 ₹ 11.03 ₹ 13.98

15.72% 22.17% -18.10% 25.65% 26.77%

₹ 5.75 ₹ 10.15 ₹ 10.75 ₹ 11.50 ₹ 15.50

66% 95% 122% 104% 111%

34.46% 5.30% 0.00% 0.00% 0.00%

₹ 1,225.9 ₹ 1,229.2 ₹ 1,230.9 ₹ 1,232.3 ₹ 1,242.8
₹ 57,915.0 ₹ 64,044.0 ₹ 59,116.5 ₹ 61,223.2 ₹ 67,912.5
₹ 13.4 ₹ 277.5 ₹ 270.8 ₹ 249.4 ₹ 306.0
₹ 12,584.7 ₹ 11,760.0 ₹ 13,142.6 ₹ 14,491.0 ₹ 16,369.7
₹ 71,739.0 ₹ 77,310.8 ₹ 73,760.8 ₹ 77,196.0 ₹ 85,831.0

₹ 19,374.2 ₹ 21,713.3 ₹ 23,298.5 ₹ 24,231.6 ₹ 25,851.3

₹ 4,136.4 ₹ 3,256.5 ₹ 4,011.3 ₹ 3,225.5 ₹ 3,003.3
₹ 25,043.5 ₹ 28,663.4 ₹ 24,870.9 ₹ 24,841.0 ₹ 29,415.0
₹ 23,184.9 ₹ 23,677.6 ₹ 21,580.1 ₹ 24,897.9 ₹ 27,561.4
₹ 55,692.2 ₹ 58,591.6 ₹ 56,202.9 ₹ 59,215.6 ₹ 66,223.4

₹ 4,035.28 ₹ 2,562.48 ₹ 2,501.70 ₹ 2,461.90 ₹ 2,956.17

₹ 7,859.56 ₹ 8,879.33 ₹ 10,397.16 ₹ 10,864.15 ₹ 11,771.16
₹ 4,152.03 ₹ 7,277.34 ₹ 4,659.02 ₹ 4,654.42 ₹ 4,880.19
₹ 16,046.87 ₹ 18,719.15 ₹ 17,557.88 ₹ 17,980.47 ₹ 19,607.52

71739.0 77310.8 73760.8 77196.0 85831.0

TRUE TRUE TRUE TRUE TRUE

COMPANY NAME ITC LTD
LATEST VERSION 2.10 PLEASE DO
CURRENT VERSION 2.10

META
Number of shares 1,248.33
Face Value 1.00
Current Price 431.45
Market Capitalization 538,590.35

PROFIT & LOSS

Report Date Mar-14 Mar-15 Mar-16 Mar-17
Sales 35,306.43 38,817.15 39,192.10 42,767.60
Raw Material Cost 13,353.03 15,007.90 13,763.88 15,456.59
Change in Inventory 112.74 235.72 195.38 -592.57
Power and Fuel 644.96 610.67 571.88 584.33
Other Mfr. Exp 1,395.57 1,533.25 1,581.59 1,683.90
Employee Cost 2,504.24 2,772.28 3,440.97 3,631.73
Selling and admin 3,361.20 3,876.19 4,261.78 4,179.74
Other Expenses 1,080.27 1,000.96 1,235.89 1,169.23
Other Income 965.74 1,229.35 1,483.11 1,758.63
Depreciation 964.92 1,027.96 1,077.40 1,152.79
Interest 29.17 90.96 78.13 49.03
Profit before tax 13,051.55 14,362.05 14,859.07 16,026.32
Tax 4,060.93 4,596.42 5,358.21 5,549.09
Net profit 8,891.38 9,663.17 9,344.45 10,289.44
Dividend Amount 4,771.92 5,009.69 6,840.12 5,770.02

Quarters
Report Date Sep-21 Dec-21 Mar-22 Jun-22
Sales 13,757.15 17,108.16 16,555.53 18,489.45
Expenses 8,739.55 11,510.49 10,956.13 12,412.32
Other Income 468.77 421.92 498.62 320.73
Depreciation 421.73 429.59 466.96 438.12
Interest 9.75 9.56 10.71 9.25
Profit before tax 5,054.89 5,580.44 5,620.35 5,950.49
Tax 1,291.16 1,461.64 1,360.67 1,488.24
Net profit 3,713.76 4,056.73 4,195.69 4,389.76
Operating Profit 5,017.60 5,597.67 5,599.40 6,077.13

BALANCE SHEET
Report Date Mar-14 Mar-15 Mar-16 Mar-17
Equity Share Capital 795.32 801.55 804.72 1,214.74
Reserves 26,441.64 30,933.94 41,874.80 45,198.19
Borrowings 242.41 268.80 83.78 45.72
Other Liabilities 13,369.04 13,947.93 8,888.04 9,439.67
Total 40,848.41 45,952.22 51,651.34 55,898.32
Net Block 12,921.30 15,303.28 15,106.63 15,893.48
Capital Work in Progress 3,117.37 2,700.20 2,559.72 3,729.89
Investments 7,284.02 6,942.77 11,747.59 17,581.38
Other Assets 17,525.72 21,005.97 22,237.40 18,693.57
Total 40,848.41 45,952.22 51,651.34 55,898.32
Receivables 2,439.21 1,982.07 1,917.18 2,474.29
Inventory 8,255.24 8,586.87 9,062.10 8,116.10
Cash & Bank 3,490.19 7,896.22 6,063.30 2,967.40
No. of Equity Shares ### ### ### ###
New Bonus Shares ###
Face value 1.00 1.00 1.00 1.00

CASH FLOW:
Report Date Mar-14 Mar-15 Mar-16 Mar-17
Cash from Operating Activity 7,343.58 9,843.20 9,799.04 10,627.31
Cash from Investing Activity -3,254.08 -5,275.43 -3,920.73 -3,250.93
Cash from Financing Activity -4,121.54 -4,661.03 -5,612.52 -7,301.03
Net Cash Flow -32.04 -93.26 265.79 75.35

PRICE: 235.23 217.23 218.83 280.30

DERIVED:
Adjusted Equity Shares in Cr 1,192.98 1,202.33 1,207.08 1,214.74
 PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

43,448.94 48,339.58 49,387.70 49,257.45 60,644.54 70,919.03
14,827.72 17,623.52 18,048.60 20,776.71 27,071.07 29,364.36
-1,027.76 203.19 703.13 645.27 686.00 358.59
653.50 746.73 780.85 699.56 889.77 1,232.34
1,697.62 1,871.01 1,908.29 1,587.18 1,887.67 2,327.80
3,760.90 4,177.88 4,295.79 4,463.33 4,890.55 5,736.22
3,954.87 4,546.39 4,488.63 4,236.77 4,858.38 5,604.08
1,005.98 1,039.85 1,225.13 1,074.39 1,109.95 1,308.56
2,239.81 2,080.44 2,417.32 2,576.95 1,909.72 2,097.64
1,236.28 1,396.61 1,644.91 1,645.59 1,732.41 1,809.01
115.01 71.40 81.38 57.97 59.99 77.77
17,409.11 19,149.82 20,034.57 17,938.17 20,740.47 25,915.12
5,916.43 6,313.92 4,441.79 4,555.29 5,237.34 6,438.40
11,271.20 12,592.33 15,306.23 13,161.19 15,242.66 19,191.66
6,285.21 7,048.70 12,476.58 13,231.96 14,171.80 19,263.40

Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

17,107.99 17,704.52 17,634.89 17,164.46 17,774.47 18,019.37
10,848.89 10,999.82 11,010.89 10,494.39 11,320.23 11,515.55
454.68 595.43 682.52 722.30 664.88 651.31
462.38 447.11 461.40 442.46 453.04 459.45
 12.59 9.21 12.15 9.90 9.87 13.60
6,238.81 6,843.81 6,832.97 6,940.01 6,656.21 6,682.08
1,568.49 1,773.72 1,607.95 1,759.89 1,700.31 1,281.57
4,619.77 5,006.65 5,175.48 5,104.93 4,898.07 5,335.23
6,259.10 6,704.70 6,624.00 6,670.07 6,454.24 6,503.82

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

1,220.43 1,225.86 1,229.22 1,230.88 1,232.33 1,242.80
51,289.68 57,915.01 64,044.04 59,116.46 61,223.24 67,912.46
35.92 13.44 277.45 270.83 249.44 306.04
11,694.85 12,584.73 11,760.04 13,142.59 14,491.01 16,369.66
64,240.88 71,739.04 77,310.75 73,760.76 77,196.02 85,830.96
16,523.96 19,374.19 21,713.34 23,298.48 24,231.59 25,851.27
5,508.33 4,136.42 3,256.46 4,011.29 3,225.54 3,003.30
22,052.86 25,043.49 28,663.35 24,870.87 24,841.01 29,415.02
20,155.73 23,184.94 23,677.60 21,580.12 24,897.88 27,561.37
64,240.88 71,739.04 77,310.75 73,760.76 77,196.02 85,830.96
2,682.29 4,035.28 2,562.48 2,501.70 2,461.90 2,956.17
7,495.09 7,859.56 8,879.33 10,397.16 10,864.15 11,771.16
2,899.60 4,152.03 7,277.34 4,659.02 4,654.42 4,880.19
### ### ### ### ### ###

1.00 1.00 1.00 1.00 1.00 1.00

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

13,169.40 12,583.41 14,689.66 12,526.97 15,775.51 18,877.55
-7,113.89 -5,545.68 -6,174.02 5,739.98 -2,238.49 -5,732.29
-6,221.13 -6,868.64 -8,181.48 -18,633.83 -13,580.50 -13,006.03
-165.62 169.09 334.16 -366.88 -43.48 139.23

255.50 297.25 171.70 218.50 250.65 383.50

1,220.43 1,225.86 1,229.22 1,230.88 1,232.33 1,242.80