ITC Limited is an Indian conglomerate company whose primary businesses include cigarettes, hotels, paper, packaging, agri-business, food and beverages. Founded in 1910 as Imperial Tobacco Company of India, it diversified into non-tobacco businesses in the 1970s and today operates in multiple business segments. ITC has a vision to be one of India's most valuable corporations through world-class performance and creating value for stakeholders. It has a presence across India with major manufacturing facilities. ITC is India's largest cigarette manufacturer with around 80% market share and competes with other tobacco and FMCG companies.
2. History
24th aug 1910-Imperial Tobacco company of India ltd
27th oct 1954-Public
In 1970s-Non tobacco Businesses
In 1975, the company acquired a hotel in Chennai,
which was renamed the 'ITC-Welcomgroup Hotel
Chola' (now renamed to MyFortune, Chennai).
In 2001- Kitchens of India
In 2002- Agarbattis (incense sticks)
In 2005-Body care products
In2010-handrolled cigar
In2014-Online sales
3. Vission :
Sustain ITC's position as one of India's
most valuable corporations through world
class performance, creating growing value
for the Indian economy and the Company's
stakeholders
Mission:
To enhance the wealth generating capability
of the enterprise in a globalising
environment, delivering superior and
sustainable stakeholder value
4. Core Values
Trusteeship
Customer focus
Respect for people
Excellence
Innovation
Nation orientation
5. Founder
W.D & H.O.WILLS (WILLIAM HENRY WILLS)
FOUNDED IN 1786
HQ in Bristol (England)
6. Board of Directors
Chairman: Y C Deveshwar
Executive Directors
Non-Executive Directors
Nakul Anand K N Grant K N Grant
A Baijal S Banerjee A Duggal
A V Girija Kumar S H Khan R E Lerwill
S B Mainak S B Mathur P B Ramanujam
S S H Rehman Meera Shankar K Vaidyanath
7. products
Tobacco
Hotels
Paperboards & specialty papers,
Packaging
Agri-business
Packaged foods & confectionery
IT
Branded apparels,
Personal care
Stationery,
Safety matches and other FMCG products
13. Competitors in cigerates
Name Last Price Market Cap.
(Rs. cr.)
Sales
Turnover
Net Profit Total
Assets
ITC 363.15 289,998.94 33,238.60 8,785.21 26,313.16
VST 1,845.55 2,849.88 789.17 150.15 328.24
Godfrey
Phillip
616.45 641.03 2,482.12 170.64 1,316.19
Kothari
Product
218.15 434.03 4,302.65 42.29 822.93
Golden
Tobacco
38.35 67.53 70.29 -21.90 -7.92
14. Market share
ITC Ltd sells 80 % of the cigarettes in the India
Where 275 million people use tobacco products
The total cigarette market is worth close to $6 billion
(around Rs.35,000 crore)
15. plans
Plans to invest of RS.25000 crores in 5-7 years
The company is also working towards entering into the
nutrition, health and well-being segment
16. Shareholders (as on 31 march 2013)
Foreign companies (mainly British
American Tobacco Company) 30.54%
Foreign Institutional Investors (FII) 19.68%
Banks, Financial Institutions, Insurance
Companies and Mutual Funds 33.44%
Bodies Corporate 4.91%
Public and Others 11.13%
GDRs 0.30%
Total 100.00%
17. Employees
It had 25,962 employees as on 31 March 2013
Out of which 3,043 were women.
It spent Rs. 2,145 crores on Employee benefits during
the FY 2012-13.
During the same year, its attrition rate was 12%.
18. Total Revenue
Revenue INR 45,102 Crores (US$ 8.31 billion)
(2012-13)
Operating income INR 11,106 Crores (US$ 2.05 billion)
(2012-13)
Net income INR 7,608 Crores (US$ 1.40 billion)
(2012-13)
Total assets INR 35,353 Crores (US$ 6.51 billion)
(Mar 2013)
Total equity INR 23,158 Crores (US$ 4.27 billion)
(Mar 2013)