ITC Share Price Target 2025, 2026, 2030, 2040, 2050
ITC Ltd was established in 1910 and is one of India’s largest and most diverse conglomerates, operating across five primary business segments: FMCG-Cigarettes, FMCG-Other Products, Hotels, Carton and Packaging, and Agribusiness. ITC maintains a strong international and domestic market presence, making it an integral part of India’s economy.
ITC’s FMCG Other segment boasts 25 leading brands that span categories like packaged food, personal care products, stationery, and agarbattis. Some well-known examples are Aashirvaad, Sunfeast, Bingo, Savlon, Classmate with ITC eStore, providing direct selling opportunities in over 24,000 zip codes nationwide, resulting in online sales and customer engagement.
This blog will discuss its ITC share price targets as far as 25 years from now (2025 – 2050).
What is ITC Ltd? NSE: ITC
ITC is India’s largest cigarette manufacturer and holds over 80% of sales within India’s organized tobacco segment. Their top brands include Gold Flake, Classic, and Wills Navy Cut. However, this segment only accounts for 40% of ITC sales revenue; it accounts for 81% of profits; yet, due to growing illegal use and duty-free product use, there have been challenges within legal tobacco.
ITC Hotels is India’s second-largest hotel chain, with 108 hotels across 70 locations under its ITC Hotels, Welcomhotels, and Fortune Hotels brands. Catering to both luxury and mid-range travellers alike, in August 2023, the company split off into its own company (ITC Hotels Ltd) while still holding onto a 40% shareholding position.
ITC is India’s second-largest exporter of agricultural products and deals in products like tobacco leaves, processed fruit, and coffee. It is the fifth-largest tobacco leaf exporter globally! Additionally, their focus on innovation has resulted in regulatory approvals to manufacture nicotine products that adhere to US and EU Pharmacopeia standards.
ITC is an industry leader in India in producing high-value-added paperboard, and it is one of the primary converters of recycled and virgin paperboard into high-quality packaging solutions. Their commitment to sustainability extends from virgin production to recycling services, meeting increasing demands for eco-friendly solutions with each production run.
Fundamental Table
| Metric | Value |
|---|---|
| Market Capitalization | ₹5,69,000 crore (approx.) |
| Current Price | ₹455.20 (as of recent data) |
| High / Low | ₹499 / ₹330 |
| Stock P/E | 26.8 |
| Book Value | ₹63.4 |
| Dividend Yield | 3.5% |
| ROCE | 30% |
| ROE | 25% |
| Face Value | ₹1 |
| Industry PE | 30 |
| Net CF (PY) | ₹16,500 crore (approx.) |
| PBT (Yearly) | ₹25,000 crore |
| EPS | ₹16.93 |
| Promoter Holding | 0% (widely held company) |
| PEG Ratio | 2.1 |
| Net Profit | ₹18,425 crore |
| Debt | Negligible (debt-free) |
| Dividend Last Year | ₹15.50 per share |
| Current Liabilities | ₹30,000 crore (approx.) |
| Current Assets | ₹35,000 crore (approx.) |
| Debt to Equity | 0.02 |
| Price to Book Value | 7.2 |
| Graham Number | ₹92.4 |
Key Metric Table
| Metric | Value |
|---|---|
| Sales (Yearly) | ₹67,900 crore (approx.) |
| Operating Profit (Yearly) | ₹23,000 crore (approx.) |
| Compounded Sales Growth (5 Years) | 8% |
| Compounded Profit Growth (5 Years) | 10% |
| Stock Price CAGR (5 Years) | 15% |
| Return on Equity (ROE) – 5 Years | 23% |
| Cash from Operating Activity | ₹17,000 crore (approx.) |
Peer Comparisons
| S.No. | Name | CMP Rs. | P/E | Market Cap Rs. Cr. | Dividend Yield % | Net Profit (Qtr) Rs. Cr. | Qtr Profit Var % | Sales (Qtr) Rs. Cr. | Qtr Sales Var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ITC | 449.80 | 27.40 | 562,776.65 | 3.08 | 5054.43 | 1.95 | 20,735.87 | 16.66 | 37.47 |
| 2 | Godfrey Phillips | 5000.65 | 27.44 | 26,000.36 | 1.11 | 248.31 | 22.89 | 1,383.98 | 19.55 | 22.17 |
| 3 | VST Industries | 331.45 | 23.24 | 5,630.05 | 4.10 | 47.56 | -37.38 | 360.03 | 3.00 | 32.24 |
| 4 | NTC Industries | 226.50 | 72.38 | 324.33 | 0.00 | 1.95 | -33.45 | 15.42 | 53.89 | 8.38 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹465.80 |
| Before 6 Months | ₹451.50 |
| Before 5 Years | ₹239.00 |
| All-Time Max | ₹529.00 |
ITC Ltd’s share price is currently being determined by several factors, including its strong performance in FMCG and packaging and the ongoing effect of the spin-off of the hotel business. Furthermore, market sentiment, global economic trends and investor interest in ITC’s diverse portfolio also play an integral role in price formation.
Check Live Price here:
Tomorrow’s share price of ITC Ltd. may be affected by global market trends, the performance of FMCG sector companies and investor reaction to post-merger structure. Quarterly earnings updates, developments in packaging and agribusiness sectors, and general market sentiment may all affect its price.
| Price Type | Change |
|---|---|
| Maximum | +₹20.50 |
| Minimum | -₹15.65 |
ITC Ltd. Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase ITC Ltd. and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
ITC Ltd. shares are estimated to reach a price target range between Rs428 and Rs610 by 2025, driven by strong growth across FMCG, packaging and agribusiness sectors. ITC will focus on expanding its market share while improving profitability and capitalizing on diverse businesses to maintain the forward momentum of price gains.
| Year | Minimum Price (Rs) | Maximum Price (Rs) | Remark |
|---|---|---|---|
| 2025 | 428 | 740 | Price range driven by FMCG growth and hotel demerger impact. |
| Month | Minimum Price (Rs) | Maximum Price (Rs) | Remark |
|---|---|---|---|
| January | 428 | 610 | Moderate growth, strong FMCG performance expected. |
| February | 445 | 655 | Potential uptrend with strong FMCG and seasonal boosts. |
| March | 439 | 640 | Stable performance with hotel business restructuring. |
| April | 451 | 690 | Growth likely from FMCG and hotel business transition. |
| May | 469 | 672 | Positive movement driven by FMCG and brand strength. |
| June | 480 | 698 | Steady rise expected due to diverse portfolio. |
| July | 491 | 642 | Possible dip but fundamentals remain strong. |
| August | 500 | 694 | Growth from FMCG and packaging business. |
| September | 526 | 678 | Uptrend due to strong FMCG sales growth. |
| October | 513 | 690 | Stable growth, despite market fluctuations. |
| November | 520 | 720 | Positive movement due to year-end reports and growth in the hotel segment. |
| December | 531 | 740 | End of the year driven by overall business strength and hotel demerger benefits. |
ITC Ltd’s share price could fluctuate between Rs475 and Rs800 by 2026 due to its strong performance across FMCG, packaging and agri-business sectors. Furthermore, the carve-out of the hotel business will allow it to focus more efficiently on high-growth areas, resulting in price stability and long-term shareholder value creation.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2026 | 475 | 800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 475 | 635 |
| February | 490 | 655 |
| March | 505 | 670 |
| April | 520 | 700 |
| May | 530 | 710 |
| June | 540 | 725 |
| July | 550 | 740 |
| August | 560 | 755 |
| September | 570 | 770 |
| October | 580 | 780 |
| November | 590 | 790 |
| December | 600 | 800 |
ITC’s expansion into sustainable packaging and FMCG innovations should drive business performance by 2030. Their increased emphasis on digital transformation, AI-powered solutions, and an established leadership position within FMCG and packaging should further bolster ITC’s competitive advantage and push its share price between Rs 2100-2900 due to their diverse growth strategy and long-term business prospects.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2030 | 2100 | 2900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 2100 | 2400 |
| February | 2150 | 2450 |
| March | 2200 | 2500 |
| April | 2250 | 2550 |
| May | 2300 | 2600 |
| June | 2350 | 2650 |
| July | 2400 | 2700 |
| August | 2450 | 2750 |
| September | 2500 | 2800 |
| October | 2550 | 2850 |
| November | 2600 | 2900 |
| December | 2650 | 2900 |
By 2040, ITC should realize significant global expansion across FMCG and packaging segments. With its focus on sustainability, digital transformation, and AI integration throughout its business areas, the company should continue its strong growth trajectory. When entering new markets or strengthening its presence, its share price could fluctuate between Rs4800 and Rs6600 as it reflects an enhanced business model and dominant market position.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2040 | 4800 | 6600 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 4800 | 5100 |
| February | 4850 | 5150 |
| March | 4900 | 5200 |
| April | 4950 | 5250 |
| May | 5000 | 5300 |
| June | 5050 | 5350 |
| July | 5100 | 5400 |
| August | 5150 | 5450 |
| September | 5200 | 5500 |
| October | 5250 | 5550 |
| November | 5300 | 5600 |
| December | 5350 | 6600 |
Looking forward to 2050, ITC appears well-positioned for additional growth through its strategic focus on innovation, sustainability and tapping emerging markets. Its future demands can be met through expansion into high-growth areas like AI-driven consumer products, renewable energy production, and international expansions. Share prices could range between Rs 8,500-10,000 as it maintains market leadership with diverse revenue streams – reflecting strong market leadership and environmentally sustainable business practices that foster long-term potential.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2050 | 8000 | 11,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 8000 | 8200 |
| February | 8100 | 8300 |
| March | 8200 | 8400 |
| April | 8300 | 8500 |
| May | 8400 | 8600 |
| June | 8500 | 8700 |
| July | 8600 | 8800 |
| August | 8700 | 8900 |
| September | 8800 | 9000 |
| October | 8900 | 9100 |
| November | 9000 | 9300 |
| December | 9100 | 11,000 |
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2025 | 428 | 740 |
| 2026 | 550 | 880 |
| 2030 | 2100 | 2900 |
| 2040 | 4800 | 6600 |
| 2050 | 8000 | 11,000 |
| Category | Sep 2024 |
|---|---|
| FIIs + (%) | 40.53% |
| DIIs + (%) | 44.59% |
| Government + (%) | 0.04% |
| Public + (%) | 14.83% |
| No. of Shareholders | 35,68,560 |
- In the Sep 2024 quarter, FII/FPI investors increased their holdings from 40.47% to 40.53%, while 1673 investors decreased to 1668 during this quarter.
- Mutual Funds held on to 11.93% more assets this quarter as their holdings went from 11.93% to 12.76%.
- Institutional investors increased their holdings from 84.53% to 85.16% during the Sep 2024 quarter.
ITC Hotels Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy ITC Ltd. Stock?
ITC Ltd. has an impressive presence in the FMCG and packaging sector, and it has popular brands such as Aashirvaad, Sunfeast, and Savlon. Additionally, they are leaders in the cigarette market and the second-largest agricultural exporter in India; their emphasis on sustainability and market expansion strengthens growth prospects further. It could be an excellent purchase if you seek long-term stability with steady returns – remember your risk tolerance before investing!
ITC Ltd Earnings Results(Financials)
| Particulars | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + (Rs. Crores) | 20,736 | 18,457 | 17,923 | 18,019 | 17,774 | 17,164 | 17,635 | 17,705 | 17,108 | 18,489 | 16,556 | 17,108 | 13,757 |
| Expenses + (Rs. Crores) | 13,974 | 11,709 | 11,296 | 11,516 | 11,320 | 10,494 | 11,011 | 11,000 | 10,849 | 12,412 | 10,956 | 11,510 | 8,740 |
| Operating Profit (Rs. Crores) | 6,762 | 6,748 | 6,626 | 6,504 | 6,454 | 6,670 | 6,624 | 6,705 | 6,259 | 6,077 | 5,599 | 5,598 | 5,018 |
| Operating Profit Margin (OPM %) | 33% | 37% | 37% | 36% | 36% | 39% | 38% | 38% | 37% | 33% | 34% | 33% | 36% |
| Other Income (Rs. Crores) | 623 | 699 | 682 | 651 | 674 | 722 | 683 | 595 | 455 | 321 | 499 | 422 | 469 |
| Interest (Rs. Crores) | 16 | 11 | 13 | 14 | 10 | 10 | 12 | 9 | 13 | 9 | 11 | 10 | 10 |
| Depreciation (Rs. Crores) | 520 | 499 | 461 | 459 | 453 | 442 | 461 | 447 | 462 | 438 | 467 | 430 | 422 |
| Profit before tax (Rs. Crores) | 6,848 | 6,938 | 6,834 | 6,682 | 6,665 | 6,940 | 6,833 | 6,844 | 6,239 | 5,950 | 5,620 | 5,580 | 5,055 |
| Tax % | 26% | 25% | 24% | 19% | 26% | 25% | 24% | 26% | 25% | 25% | 24% | 26% | 26% |
| Net Profit (Rs. Crores) | 5,054 | 5,177 | 5,191 | 5,407 | 4,965 | 5,190 | 5,243 | 5,080 | 4,682 | 4,472 | 4,266 | 4,127 | 3,766 |
| EPS (Rs.) | 3.99 | 4.08 | 4.10 | 4.28 | 3.93 | 4.10 | 4.16 | 4.03 | 3.73 | 3.56 | 3.40 | 3.29 | 3.01 |
ITC Ltd. posted an impressive financial performance in September 2024 with a remarkable operating profit margin of 33.33% and revenues reaching Rs20,736 crores while expenses amounted to Rs13,974 crores – leading to a healthy net profit of Rs5,054 crore due to substantial operating profit and other income.
Expert Forecasts On The Future Of ITC Ltd.
Analysts remain optimistic about ITC Ltd. and have noted its strong FMCG growth, stable earnings and dominant position in the tobacco industry as reasons to be confident about its future prospects. Experts forecast steady revenues, robust profit margins, continual dividend payouts, and sustainable efforts and expansion into rural markets should help ITC achieve long-term growth.
Is ITC Ltd. Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- ITC’s FMCG division has experienced steady growth, with popular products like Aashirvaad, Bingo and Sunfeast leading this charge.
- ITC holds the leading market position within India’s cigarette industry while consistently providing revenues.
- ITC offers competitive dividend payouts that attract income-oriented investors.
- ITC’s increased penetration into rural markets supports long-term growth.
- Investments in sustainable practices can significantly enhance future growth potential.
Bearish Case:
- The tobacco industry faces increasing government regulations and taxes.
- A significant portion of ITC’s revenue still relies on the cigarette business for profitability, leaving ITC vulnerable in this sector.
- ITC’s FMCG growth lags behind that of competitors such as Hindustan Unilever.
- ITC’s debt could threaten its financial security in an environment of high interest rates.
Conclusion
ITC Ltd is an established and well-diversified company that excels at tobacco market leadership while expanding in FMCG sectors and paying attractive dividends. Nonetheless, regulatory risks and its dependence on cigarettes present unique challenges to ITC Ltd, which investors should carefully evaluate investment objectives and risk appetite; it may offer stable returns if willing to accept associated risks; otherwise, it should be avoided as an investment choice altogether as always before making investment decisions alone or consulting financial advisors are necessary.
FAQs
I specialize in stock price predictions and analysis on Share Price Target, offering accurate share price targets for upcoming years. My goal is to provide investors with valuable insights and forecasts to help them make informed decisions in the share market.
