ITC Limited to attend BofA and Morgan Stanley conferences

0 min read     Updated on 28 May 2026, 07:58 AM
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ITC Limited disclosed its participation in the BofA 2026 India Conference and the Morgan Stanley India Investment Forum 2026 on May 27, 2026. The BofA conference is scheduled for June 2, 2026, in Mumbai, featuring physical group and one-on-one meetings. The filing was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

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ITC Limited representatives will attend the BofA 2026 India Conference and the Morgan Stanley India Investment Forum 2026. The participation is part of the company's ongoing investor engagement activities. The conferences will feature both group and one-on-one meetings, providing a platform for the company to interact with investors.

Investor Conference Details

The company disclosed its participation in the investor conferences pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. on May 27, 2026.

Name of the Investor Conference Mode of attendance Nature of the meeting Date and Place of the Investor Conference
BofA 2026 India Conference Physical Group / one-to-one meeting 2 June, 2026 at Mumbai
Morgan Stanley India Investment Forum 2026

The filing was signed by Rajendra Kumar Singhi, Executive Vice President and Company Secretary of ITC Limited.

Historical Stock Returns for ITC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.73%-6.71%-5.58%-29.04%-33.88%+43.63%

What key strategic priorities is ITC likely to highlight during these investor meetings?

How might investor sentiment shift based on ITC's engagement at these major conferences?

What potential market reactions could follow the company's presentations at the BofA and Morgan Stanley events?

ITC FY26 Net Profit Rises to ₹20286 Cr, Declares Dividend

2 min read     Updated on 22 May 2026, 07:15 AM
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ITC Limited reported a net profit of ₹20286.42 crore for the fiscal year ended March 31, 2026, up from ₹20093.29 crore in the previous year. Revenue from operations increased to ₹81640.11 crore from ₹74238.13 crore. The board recommended a final dividend of ₹8 per share, aggregating to a total dividend of ₹14.50 per share for FY26, with a record date set for May 27, 2026.

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ITC reported its audited annual financial results for the year ended March 31, 2026, recording a net profit of ₹20286.42 crore. Revenue from operations for the fiscal year stood at ₹81640.11 crore, compared to ₹74238.13 crore in the previous year. The board has recommended a final dividend of ₹8 per share, which, combined with the interim dividend of ₹6.50 per share, amounts to a total dividend of ₹14.50 per share for FY26.

Financial Performance Overview

The company's financial performance for the twelve months ended March 31, 2026, showed growth across key metrics. Total income increased to ₹84927.29 crore from ₹77693.10 crore in the prior year. Profit before tax for the period from continuing operations was ₹26767.60 crore. Earnings per share (EPS) for continuing operations was reported at ₹16.20 on a basic basis.

Key Financial Metrics (Standalone)

The following table outlines the standalone financial performance for the full fiscal year:

Metric: FY26 (₹ in Crores) FY25 (₹ in Crores) Change
Revenue from Operations: 81640.11 74238.13 Higher YoY
Total Income: 84927.29 77693.10 Higher YoY
Net Profit: 20286.42 20093.29 Higher YoY
EPS (Basic): 16.20 16.07 Higher YoY

Dividend Declaration

The Board of Directors recommended a final dividend of ₹8.00 per ordinary share of ₹1 each for the financial year ended March 31, 2026. This is subject to the approval of shareholders at the 115th Annual General Meeting convened for Thursday, July 23, 2026. The record date for determining entitlement has been fixed as Wednesday, May 27, 2026. The total dividend for the year, including the interim dividend of ₹6.50 per share paid in February 2026, aggregates to ₹14.50 per share. The total cash outflow on account of dividends is expected to be ₹18167.57 crore. If declared, the final dividend will be paid between Friday, July 24, 2026, and Wednesday, July 29, 2026.

Operational Highlights

Segment-wise performance indicated growth across various business verticals. The FMCG segment, comprising Cigarettes and Others, reported a segment revenue of ₹61309.40 crore for the year. The Agri Business segment recorded revenue of ₹20296.40 crore, while the Paperboards, Paper & Packaging segment posted revenue of ₹8765.61 crore. The board also approved the audited financial results, including the balance sheet and cash flow statement, for both standalone and consolidated entities. Additionally, the board recommended the re-appointment of Mr. Hemant Bhargava as a Director and Independent Director for a period of five years effective from December 20, 2026.

Historical Stock Returns for ITC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.73%-6.71%-5.58%-29.04%-33.88%+43.63%

How might ITC's planned demerger of its hotels business impact future revenue segmentation and shareholder value creation beyond FY26?

Given the modest net profit growth despite strong revenue expansion, what cost pressures could challenge ITC's margin improvement trajectory in FY27?

With cigarette volumes facing regulatory headwinds and potential excise duty hikes, how sustainable is the FMCG segment's growth momentum going forward?

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1 Year Returns:-33.88%