Currently, ITC Limited is one of the leading conglomerates in India, and it has always displayed its flexibility in almost all sectors. From being a cigarette manufacturing company it expanded its operation in various sectors right from FMCG to hotels, paperboards, packaging, agribusiness, IT and so on ITC has been dominating in India.
Everyone, especially investors and market analysts, is interested in the ITC Share Price Target for the coming decades since it indicates high growth efficiency due to its diversified product and strategic business development. However, here is the complete ITC share price outlook for 2050, including the background, outlooks for revenue and earnings, and major growth levers.
Table of Contents
About the ITC Company
ITC Limited commonly referred to as the Indian Tobacco Company was originally formed in 1910 and owns its headquarters in Kolkata, India. The company has over the years therefore branched into sectors such as FMCGs, hospitality, and agribusiness among others after its formation in tobacco. At present, ITC is a major participant in several segments and earns a huge chunk of our country’s revenue today.
Two of its flagship FMCG brands, Aashirvaad Atta and Sunfeast, Top Biscuit brand Bingo, have become household names throughout the country. Taking sustainability and innovation as the company’s pillars, ITC has been demonstrating a strong market position throughout the years.
What is the Business Overview for ITC India?
Hence, the ITC business model is based upon having a diversified business portfolio to de-risk its operation as well as to make steady growth. The company operates across several verticals:
FMCG: This is one of the most cash-generating segments at ITC, bringing in a large chunk of the company’s revenues. These are comprised of; Grouped under packaged Foods include nutrients, snacks, confectionery, and drinks the other ones are personal care and lifestyle products or goods.
Hotels: ITC is acknowledged as one of the distinguished companies in the luxury hotel business throughout India having a range of hotels across the country.
Agri-Business: With imposing strength in agricultural production, ITC is also involved in the procurement, distribution, and processing of domestic as well as international demand.
Paperboards & Packaging: From this segment, most manufactured products by ITC are environment-friendly and commonly used in several industries.
Key Fundamentals of ITC
ITC’s fundamentals reflect the company’s long-standing reputation as a financially sound and resilient entity. With a market capitalization exceeding ₹5 lakh crore, ITC is a heavyweight on the Indian stock exchanges. The company’s price-to-earnings (P/E) ratio remains competitive compared to its peers in the FMCG sector, providing an attractive investment opportunity for those seeking stability and long-term growth.
ITC’s earnings per share (EPS) have consistently grown, backed by the strong performance of its non-cigarette FMCG division. Furthermore, the company’s dividend policy remains investor-friendly, offering a high dividend yield, making it a preferred choice for income-focused investors.
Market Cap | 6.15 trillion INR |
Enterprise Value | ₹6,238,011 Mil |
52 Week High/Low | ₹528.55 and ₹399.30 |
Stock P/E | 30.08 |
Book Value | ₹59.7 |
Dividend Yield | 2.78% |
ROCE | 32.6% |
ROE | 28.48% |
Face Value | ₹1.00 |
Price to Book Value | 8.26 |
EPS | ₹16.36 |
Debt | ₹3.05 Billion |
Promoters Holding | 41.0% |
What will be the Financial Performance of ITC?
The financial results of ITC depict its sustained performance with the company providing a consistent showing across segments including FMCG and Agribusiness segments. This catalytic revenue growth has led it to achieve an annual revenue of over ₹ 60,000 crore in FY 2023. The operating profit margins have also been good, thus providing a good platform for other years of profitability for the company.
Revenue | ₹76,274 Cr |
Net income | INR50.92 billion |
Diluted EPS | – |
Net profit margin | 26.62 |
What is the Share Holding Pattern for ITC?
The ITC has a well-spread shareholding structure. Along with mutual fund and institutional holdings, the holdings can indicate performance outlook for the stock.
The Key stakeholders includes:
- Promoters: 0% (This is because ITC does not have a direct promoter group as it is considered to be, effectively, a public company).
- Public & Institutional Investors: 100%
- Foreign Institutional Investors (FIIs): 74%
- Domestic Institutional Investors (DIIs):57%
- Retail Investors:59%
HOLDING | Jun 2024 | March 2024 |
Promoters Holding | 0% | 0% |
FII Holding | 40.5% | 41.0% |
DII Holding | 44.1% | 43.8% |
ublic Holding | 15.5% | 15.2% |
Get ITC Share Price Target 2024
According to analysts, ITC should be able to capitalize on the FMCG growth and diversification model by 2024. The market value is presently Rs 5,30,000 crore. Experts say it has returned about 42% in the past year. According to the Stock experts, the ITC Share Price Target has been predicted to be ₹500 by the end of the calendar year 2024.
Year | Price Target |
2024 | ₹500 |
Get ITC Share Price Target 2025
Growing into its agribusiness and a strengthened emphasis on sustainability should lift the share price to ₹700- ₹1020 by 2025 for ITC. The company is considered to be the third largest company in the world in tobacco production, because of which Indian as well as foreign investors are showing a lot of interest in it, due to which its price has seen a huge jump in the last few years.
Year | Price Target |
2025 | ₹700- ₹1020 |
Get ITC Share Price Target 2026
Finally, taking into account the much better performance of ITC’s hotel business in the post-pandemic period and improved FMCG indicators, the share price target for 2026 could be ₹625.
Year | Price Target |
2026 | ₹625 |
Get ITC Share Price Target 2027
With regards to the estimates, rising innovations in the FMCG sector and exports could make the ITC Share Price Target 2027 of ₹ 799-₹900.
Year | Price Target |
2027 | ₹ 799-₹900 |
Get ITC Share Price Target 2028
New market divestitures and consolidations are expected to drive increases in ITC’s stock to ₹800 -₹950 by the year 2028.
Year | Price Target |
2028 | ₹800 -₹950 |
Get ITC Share Price Target 2029
ITC is also making progress in e-commerce and an optimized supply chain and thus receives a forecasted ITC Share Price Target Rs 1025 To 1145 for the share in 2029.
Year | Price Target |
2029 | Rs 1025 To 1145 |
Get ITC Share Price Target 2030
Given constant overtures into sustainability and new products, the forecast of the ITC Share Price Target to reach ₹2200- 2700. ITC is expanding its tobacco business and has started working in agriculture and paper production, which attracts people to invest.
Year | Price Target |
2030 | ₹2200-₹2700 |
Get ITC Share Price Target 2035
Going forward beyond 2030, expansion and diversification should further drive the stock to ₹2500-3500 by 2035.
Year | Price Target |
2035 | ₹2500-3500 |
Get ITC Share Price Target 2040
As ITC builds on its FMCG dominance and overseas expansion, the objective of achieving ITC Share Price Target 2040 is ₹5000-6500.The company’s fundamentals are very strong so, in the long term, there are maximum chances for profits. The company gave approx. 70% return in 5 years, so there is potential in its stock.
Year | Price Target |
2040 | ₹5000-6500 |
Get ITC Share Price Target 2045
By the end of 2045, ITC can set a target of ₹6500-8000 per share based on strong fundamentals and focused and planned expansion across various verticals.
Year | Price Target |
2045 | ₹6500-8000 |
Get ITC Share Price Target 2050
The IT stock market has remained more or less consistent and business growth along with such good annual reports can take its share price up to an optimistic target of ₹12000-15000. ITC has given very good returns, doubling or tripling their money. There might be some doubt about whether the company will keep giving such returns in the future, but if you want to invest for a long time, you can still do it. You can earn good returns in the long run.
Year | Price Target |
2050 | ₹12000-15000 |
Factors Influencing Share Price Target
Several factors that will influence ITC’s share price targets over the years:
FMCG Growth: Increased stock can only be achieved with more leadership in the FMCG division.
Economic Environment: The macroeconomic environments together with inflation rates and GDP growth will determine the returns of ITC.
Regulatory Policies: Bureaus of tobacco and related industries shall change ITC’s stock in position by government regulations.
Sustainability Initiatives: ITC will benefit from its sustainable initiatives towards becoming a carbon-positive and water-positive company.
What will be the Future Growth Prospects of the ITC Share Price Target Company?
The FMCG segment is one of the well-developed business segments at ITC Share Price Target that is believed to continue to generate major volumes of sales in the years to come. Other factors that will help are the commitment to sustainable development, increased usage of technology, and growth of the agri-business and hotel segments.
Through its firm brand recognition, ITC has been able to offer a diverse product portfolio, as well as seeking to implement innovation-driven approaches to new growth areas both domestically and internationally.
Conclusion
The company has established itself as one of the most credible and highly diversified companies in India. At the same time, ITC, extending its investment in various sectors, has ambitious quote goals while the shareholders may benefit from its stable financial position and expect the key developments to contribute to its further growth. Hence, for portfolios seeking stability, regular dividend payouts, and reasonable growth, investors should consider ITC Ltd.
FAQs
Based on its foundation, the current share price of ITC Limited is estimated to increase to ₹550 by 2024.
Yes, ITC has a good record of spending relatively high dividends and a good record for maintaining this.
These are FMCG growth, tobacco control, and macroeconomic factors.
Strategic diversification lowers risks and guarantees a stable increase in revenues all are in favor of ITC’s share.
Achieving High Growth in FMCG ITC remains committed to innovation, superior product quality, and increasing distribution channels.
ITC’s Hotel segment has also registered a gradual growth after the pandemic, and it is expected to have growth mainly in luxury hotels.
The expected share price target of ITC by fiscal 2050 is estimated to touch ₹12,000-15000.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of share prices are just for educational purposes. We don’t recommend buying and selling any shares of the company. Investors are responsible for conducting research on share prices before investing in any share. We are not responsible for loss and damage arising while using this stock price content.
