The full form of ITC ltd. Is India Tobacco Company limited. ITC was incorporated on August 24,1910 . It was later to I.T.C ltd. In 1974. Now, ITC is one of India’s foremost private sector companies with a market capitalization of nearly Us $ 14 billion and a turnover of over $ 5 billion. ITC ranks among India’s 10 most valuable brands’ as well as ITC also ranks among Asia’s 50 best performing companies compiled by Business week .
It has multi-business portfolio in Cigarettes, Hotels, Paperboards and Specialty Papers, Packaging,
Agri-business, Package foods and Confectionery, IT, Branded Apparel, Personal Care, Stationery, Safety
Matches and other FMCG products. ITC is rapidly gaining market share.
Following is the description of
some ITC businesses -:
✓ Agri business
ITC is leading Agri business player in India, it is pioneer in rural transformation, it is no. 1 in Leaf Tobacco and it has farm linkages in 17 states covering Wheat, Oil seeds, Coffee, Spices, Milk etc. Agri business provides 4.4% of profit to ITC ltd.
✓ Cigarettes Business
-It has Market Leadership across all segments (geographic and price). It is State-of-the-art technology and world class products . ITC is continuously involving new variants for catering the consumer preferences and it has biggest contribution to ITC . This sector provides 84% of profit to ITC.
✓ Hotels Businesses
– There are 109 properties over 70 locations including 4 brands namely –
‘ITC Hotels’ in the Luxury segment, ‘Welcomhotels'in the Upper -Upscale segment,
‘Fortune' in the Mid- market to Upscale segment and ‘WelcomHeritage' in the Leisure and
Heritage segment. ITC earns 3% of profit from Hotel Business.
✓ Paperboards and Packaging Businesses – It is No. 1 in size , Best-in-class Profitability, Worldclass Environmental Performance. ITC makes 7% of profit from this sector.
✓ Education and Stationery Products Business
-This business growth is driven by increasing literacy and enhanced scale of government and public-private education initiative, some stationery products are Classmate, Saathi and Paperkraft. Whereas, Classmate is the Market leader in Notebooks segment.
✓ FMCG Business
– This business is very exploring business of ITC, it is giving very good response . This business provides 2.2% of profit to ITC.
✓ Other businesses
have 1.6% contribution in ITC Business.
ITC ltd. is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal. It
falls under several popular brands like Aashirvaad, Sunfeast, Bingo!, Yippee!, Kitchens of India, mint-o,
B Natural, Candyman,gold flake and Gumon.
The CIGARATTE-FMCG. Hotel major’s gross revenue for the quarter grew by 5.9% at Rs. 11,750.16 crore
driven mainly by paperboards, hotels and non-cigarettes FMCG Business. ITC company has 3.09% of
Who owns ITC?
• Mutual Funds – 9.9% •