ITC Share News | ITC Share 2021 | ITC Share and Result Analysis | Episode 110 | The NP Show
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This is the perfect time to become Financially Aatmnirbhar!Check out the Courses:* Financial Planning Club: https://bit.ly/financial-planning-club​* Complete Mutual Fund Club: https://bit.ly/mutual-fund-club​* Complete Stock Market Club: https://bit.ly/3n4u9gu​ITC Share News | ITC Share 2021 | ITC Share and Result Analysis | NP Show ITC Limited is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal. Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974.ITC is one of India's foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri-Business, and Information Technology.Recently ITC has announced its results for Quarter 3 of FY 2021, in this video, we will discuss the result and growth based on year to year basis.The most important part of any company's results is its revenue from operations numbers. Revenue for this quarter was 12580 Crore INR. Its growth was at 4.7 % year on year and 5% quarter on quarter.Revenue of ITC remains stable as most of the businesses it does are not cyclical, so stable revenue streams are present always. Next, we will discuss the Operating expenses, which were at 8299 crore INR. It also went up by 12% year on year, which means there can be an increase in raw material cost. EBITDA for the company was 4281 crore, which was down by 7.2% year on year. This was because of the rise in operating expenses. The company is also incurring a lot of capital expenditure. ITC's stock saw some selling pressure recently, and this was due to the market's reaction to the results. Another reason is a lot of supply for the stock in the markets as there are no promoters and 100% free-float market capitalization is there. If we look at the company's Net Profit, it was 3663 crore, and it is also down by 11.6% year on year. But net profit increased by 13.3% quarter on quarter. If we analyze the segment-wise result of ITC, the major contributor to the company's revenue was the Cigarette business which was 5498 crore with an increase of 3.5% year on year. Fmcg sector revenue was 3562 crore, and it increased by 7.5 % year on year. Hotel business revenue was down by 57%, and its total revenue was 235 crore. Agribusiness revenue stood at 2482 crore with an increase of 18.5% year on year. Paper, paperboard, and package business revenue was 1478 crore with a decrease of 5%. Earnings before interest and taxes margin for all the business was down year on year. The good thing about ITC was their better digital presence in recent time, with the launching of new products and better operating leverage, we can expect a good future for the business. Long-term investment decisions should not only depend on a few numbers, although some numbers are bad the company did well quarter on a quarter basis that shows the recovery of the business.Check Out Website: https://www.finlearnclub.com/​Download Fin Learn Club App: https://bit.ly/2F10owB​Join Our Telegram Channel: https://t.me/npshow​Follow us on Instagram: https://www.instagram.com/neerajparim...​Follow on on Facebook: https://www.facebook.com/finlearnclub​Follow Us On Twitter:Neeraj Arora: https://twitter.com/neerajarora91​Parimal Ade: https://twitter.com/AdeParimal​
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