About ITC Limited
ITC Limited is one of India's largest and most diversified conglomerates, with business interests spanning Fast Moving Consumer Goods (FMCG), Hotels, Paperboards & Packaging, Agri-Business, and Information Technology. Headquartered in Kolkata, India, ITC has built a strong presence in both the domestic and international markets, with over 200 factories, 113+ hotels, and a vast distribution network that reaches millions of consumers.
Founded in 1910 as the Imperial Tobacco Company of India Limited, the company rebranded as ITC Limited in 1974, reflecting its evolution into a diversified conglomerate. Today, ITC is a Fortune India 500 company, with a market capitalization exceeding ₹5 lakh crore (USD 60 billion).
Core Business & Diversification
ITC operates through five key business segments, each contributing significantly to its overall revenue:
1. Fast Moving Consumer Goods (FMCG)
ITC is among India’s largest FMCG companies, with a strong presence in foods, personal care, education & stationery, and lifestyle products. The FMCG segment contributes ₹19,000+ crore (USD 2.3 billion) to ITC’s annual revenue.
Key FMCG Brands & Products
- Foods: Aashirvaad Atta, Sunfeast Biscuits, Bingo! Snacks, B Natural Juices, YiPPee! Noodles
- Personal Care: Fiama, Vivel, Engage, Savlon
- Education & Stationery: Classmate, Paperkraft
- Lifestyle Retailing: Wills Lifestyle, John Players
2. Cigarettes & Tobacco
ITC is India’s market leader in cigarettes, with a 70%+ market share. The segment contributes approximately ₹24,000 crore (USD 2.9 billion) in revenue annually.
Popular Brands
- Gold Flake
- Classic
- Navy Cut
- Capstan
3. Hotels & Hospitality
ITC Hotels is India’s largest luxury hotel chain and operates under multiple brands:
- Luxury Collection: ITC Grand Bharat, ITC Maurya, ITC Maratha
- Premium: Fortune Hotels
- Budget: WelcomHeritage Hotels
With 113+ hotels in India, ITC Hotels is recognized for its sustainability initiatives, being the first hotel chain in the world to be LEED Platinum certified.
4. Paperboards & Packaging
ITC is a market leader in eco-friendly paperboards and premium packaging solutions, catering to FMCG, pharmaceuticals, and e-commerce industries. ITC’s Bhadrachalam Paper Mill is the largest integrated pulp and paper plant in India.
- Annual Production Capacity: 850,000+ tonnes
- Market Share: 25% in the Indian paperboard industry
- Sustainable Initiatives: 100% renewable energy in operations
5. Agri-Business
ITC is one of India’s largest exporters of leaf tobacco, spices, coffee, and processed fruits. It operates the e-Choupal initiative, a rural digital marketplace that empowers over 4 million farmers across 35,000 villages.
- Key Crops: Wheat, Rice, Spices, Coffee, Leaf Tobacco
- Annual Procurement: Over 1.5 million tonnes of agri-products
- Export Presence: Over 50 countries, including Europe, the US, and the Middle East
6. Information Technology (IT)
ITC Infotech, a wholly owned subsidiary of ITC, is a global IT solutions company serving industries like banking, manufacturing, and retail.
- Revenue: USD 400+ million
- Employees: 10,000+
- Global Offices: 30+ locations worldwide
Financial Performance & Growth
- Revenue (FY 2023): ₹69,000 crore (USD 8.3 billion)
- Net Profit (FY 2023): ₹19,000 crore (USD 2.3 billion)
- Market Capitalization: ₹5 lakh crore (USD 60 billion)
- Stock Performance: Consistently among India’s top-performing stocks
- Dividend Payout (2023): ₹15,500 crore (one of the highest in India)
Market Presence & Distribution
- Retail Outlets: ITC products are available at 7 million+ retail stores across India.
- E-Commerce Growth: ITC’s FMCG brands have a strong presence on Amazon, Flipkart, BigBasket, and JioMart.
- Export Markets: ITC exports to over 90+ countries, with a strong presence in North America, Europe, and Asia-Pacific.
Sustainability & ESG Initiatives
ITC has been a pioneer in sustainability, achieving several industry-first milestones:
- Carbon Neutrality: ITC has been carbon positive for 18 years in a row.
- Water Positivity: ITC is water positive for 21 consecutive years.
- Waste Recycling: 99% of ITC’s solid waste is reused or recycled.
- Afforestation: ITC has planted 1.4 billion trees to offset carbon emissions.
- Plastic Neutrality: ITC has achieved 100% plastic neutrality in packaging.
Certifications & Compliance
ITC follows the highest standards of corporate governance and is certified in multiple domains:
- FSSAI Certified (Food Safety)
- LEED Platinum Certified (Hotels & Green Buildings)
- ISO 14001 (Environmental Management System)
- HACCP Certified (Food Safety)
- Fair Trade & Organic Certified (Agri-Business)
Major Achievements & Recognitions
- Ranked among India’s Top 5 Most Valuable Companies (2023)
- Winner of the CII Sustainability Award for 15 consecutive years
- ITC e-Choupal recognized by the World Bank as a global model for rural development
- Fortune India 500: ITC consistently ranks among India’s top 10 companies by revenue
Customer Testimonials
"ITC’s Aashirvaad Atta has been a staple in my home for years. The quality and freshness are unmatched!" – Neha Sharma, Mumbai
"Bingo! and Sunfeast biscuits are my go-to snacks. ITC has really revolutionized the Indian FMCG market." – Rohan Mehta, Bangalore
"As a farmer, ITC’s e-Choupal initiative has helped me get better prices for my crops and access real-time market insights." – Ravi Kumar, Madhya Pradesh
Conclusion
ITC Limited is a true powerhouse of the Indian economy, driving growth across multiple industries with its strong financials, market leadership, and sustainability-driven approach. From being India’s largest FMCG player to pioneering sustainability initiatives, ITC continues to redefine corporate excellence.
With a commitment to "Nation First, Sab Saath Badhein", ITC is set to expand its global footprint, launch innovative new products, and drive inclusive and sustainable growth in the years to come.
