Slide 1: Q1 FY27 Results
Q1 FY27 Results 31st July, 2026 |1|
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain forward-looking statements including those describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain assumptions o
Slide 3: Macro Economic Context
Macro Economic Context |3|
Slide 4: Global Growth Slowing, India Remains Resilient
Global Growth Slowing India Remains Resilient ▪ Global GDP growth remains below trend ▪ Energy shock (price & supply) induced by West Asia conflict largely ▪ FY27 Real GDP growth expected at 6.4% offset by accelerated momentum in global tech cycle ▪ Key monitorable: West Asia induced disruptions - H
Slide 5: Sharp Rise & Volatility in Crude Linked Input Prices | Weak Monsoons so far
Sharp Rise & Volatility in Crude Linked Input Prices | Weak Monsoons so far Brent Crude Oil Prices remain high ($/bbl) CPI & WPI rising on a/c high energy prices (YoY%) Rainfall at 16% deficit from LPA Global Uncertainty Index remains elevated Crude Palm Oil Prices (MYR/mt) Source: MOSPI | Bloomberg
Slide 6: Macro Economic Environment
Macro Economic Environment Key Heightened Key Positives Uncertainty Monitorables Geopolitical disruptions Stable growth Improved Monsoon | Inflationary outlook Credit Growth El Nino Pressures Trade Barriers Resilient Strategic Strong Bank & External Private Capex Demand Foodgrain Corporate Account F
Slide 7: Q1 FY27 Results Headline Financials & Business Highlights
Q1 FY27 Results Headline Financials & Business Highlights |7|
Slide 8: Key Highlights: Q1 FY27
Key Highlights: Q1 FY27 Standalone Consolidated Gross Revenue Net Revenue Gross Revenue Net Revenue 28% 14% 28% 11% (ex-Agri -6%) (ex-Agri -2%) EBITDA PAT EBITDA PAT (bei) 28% 27% 24% 23% Robust performance by Group companies ITC Infotech | SNPL | SFPL (sub. w.e.f. 1st April’26) | ITCHL bei – Before
Slide 9: Key Highlights: FMCG – Others
Key Highlights ▪ FMCG – Others delivers robust performance - Revenue up 12% YoY (ex-Staples up 16%); PBIT up 21% YoY ̶ Dairy, Snacks, Noodles, & Frozen Snacks (20%+ growth) and Personal care products (mid-teens growth) ̶ Atta performance tempered - Transient factors such as heat waves, LPG shortage
Slide 10: Key Highlights: Cigarettes and Agri
Key Highlights ▪ Cigarettes: Strategic & calibrated response to unprecedented tax increase, balancing all stakeholders interests ̶ Staggered & agile pricing actions underway to protect consumer franchise ̶ Multiple interventions implemented within short span of time towards re-architecting & fortify
Slide 11: Key Highlights: Paperboards, Paper and Packaging
Key Highlights ▪ Paperboards, Paper and Packaging sustains strong recovery momentum; PBIT up 38% YoY ̶ Segment Revenue up 9%; PBIT margin expands 200 bps YoY ̶ Strong performance in anchor grades of value-added products, sustainable paperboards & packaging and exports ̶ Broad based improvement in ne
Slide 12: FMCG Cigarettes
FMCG Cigarettes Segment Gross Revenue: +81% Segment Net Revenue: -25% Segment Results: -35% | 12 |
Slide 13: FMCG Cigarettes
FMCG Cigarettes Staggered & Agile Powerful Trademarks Pricing actions Minimise loss to Illicit trade & Leverage Strong TMs, width & depth of Protect Consumer Franchise portfolio Execution Speed & Agility Re-architecting portfolio Over 30 interventions implemented Insight | Innovation | within a shor
Slide 14: FMCG Cigarettes: Reinforcing market standing
FMCG Cigarettes Reinforcing market standing Innovation Portfolio Fortification • Gold Flake Indie Paan Sleek • Gold Flake • Players & Wave • Players Magic Mix • Classic • Scissors • Classic & Gold Flake World Series • Bristol • Flake Special Recent Introductions/ New Variants • Rothmans GT & XT • Cl
Slide 15: FMCG Others
FMCG Others Segment Revenue: +12% +16% (ex-Staples) Segment Results: +21% | 15 |
Slide 16: FMCG Others: Robust Revenue growth
Robust Revenue growth FMCG Others +16% (ex-Staples) ▪ Dairy, Snacks, Noodles, Frozen Snacks (20%+ growth) | Personal Care products (mid-teens growth) ▪ Atta performance reflects impact of transient factors such as heat waves, LPG shortage & benign wheat prices ▪ Notebooks business registered strong
Slide 17: FMCG Others: Segment PBIT up 21% YoY
FMCG Others Segment PBIT up 21% YoY ▪ EBITDA Margin expands 55 bps YoY* - Sharp cost increase in fuel, edible oil, soap noodles, packaging inputs etc. amid West Asia conflict • Strategic inventory covers & commodity hedges • Focused cost management initiatives | Smart net revenue management | Price-
Slide 18: Future-Ready Portfolio Recent Launches
Future-Ready Portfolio Recent Launches Fortifying the Core Addressing Adjacencies New Growth Vectors Bingo! Onion Rings B Natural Peri Peri | Tangy Tomato Coconut Cola Aashirvaad Coconut | Coriander | Peanut | Tamarind | Tomato Chutney Sunbean Cold Brew Signature| Cherry Blossom Savlon Mangaldeep An
Slide 19: Deepening Consumer Engagement
Deepening Consumer Engagement Impactful Brand Integration Sharpening Value Proposition | 19 |
Slide 20: Clutter-breaking Communication
Clutter-breaking Communication Flavour-Led Portfolio Expansion Brands with Purpose | 20 |
Slide 21: Agri Business
MM ENA Enduring Value Agri Business
Slide 22: Agri Business: Trade disruptions impact performance
Trade disruptions impact performance Agri Business Value Added Product sustains robust growth trajectory ▪ Underlying Revenue growth of 9% YoY, adjusting for timing difference (wheat) & West Asia Segment Revenue disruptions ▪ Strong growth in VAAP driven by Spices and Fruits & Vegetables 8082 cr. 17
Slide 23: Paperboards, Paper & Packaging
Paperboards, Paper & Packaging | 23 |
Slide 24: Paperboards, Paper & Packaging: Segment PBIT up 38% YoY
Paperboards, Paper & Packaging Segment PBIT ↑38% YoY Segment Revenue ▪ Growth driven by both Volume & NSRs 2307 cr. 9% - Robust traction in anchor grades, sustainable paperboards & packaging & exports ▪ Wood costs witnessed moderation on YoY basis ▪ Focus on accelerating plantations, developing new
Slide 25: Fresh Food Business
MM ENA Enduring Value AASHIRVAAD SOUL CREATIONS Creations Fresh Food Business Sunfeast BY ITC MASTER CHEF fd® aft 2 Baked Creations
Slide 26: Fresh Food Business: Robust Trajectory
Fresh Food Business Robust Trajectory ▪ Continued robust growth trajectory (GMV +90% YoY) Premium North-Indian ▪ Full-stack platform → Being progressively introduced across India - Network extended to 75 cloud kitchens - Top Ratings with excellent consumer feedback Pure Veg Home Style Indian 4.0 x G
Slide 27: Financials
Financials | 27 |
Slide 28: Key Financials – Standalone – Q1 FY27
Key Financials – Standalone – Q1 FY27 Rs. Cr. Q1 FY27 Q1 FY26 GOLY Goly(%) Gross Revenue 26794 20922 28.1% Net revenue 16812 19635 -14.4% Ex-Agri -6% YoY EBITDA 4514 6261 -27.9% PBT 4759 6543 -27.3% PAT 3579 4911 -27.1% | 28 |
Slide 29: Key Financials – Consolidated – Q1 FY27
Key Financials – Consolidated – Q1 FY27 Rs. Cr. Q1 FY27 Q1 FY26 GOLY Gross Revenue 29410 23007 27.8% Net revenue 18955 21304 -11.0% Ex-Agri -2% YoY EBITDA 5181 6816 -24.0% PBT (bei) 5455 7128 -23.5% PAT (bei) 4103 5343 -23.2% Strong performance by Group entities Exceptional Items 406 - ITC Infotech,
Slide 30: Segment Revenue
Segment Revenue • Cigarettes - Net Revenue ↓25% Q1 YoY • FMCG Others Rs. cr. FY27 FY26 growth - Revenue ↑ 16% (ex-Staples) → Dairy, Snacks, Noodles, Frozen Segment Revenue Snacks (20% + growth) | Personal Care products (mid teens growth) a) FMCG - Cigarettes 15384 8520 81% - Strong rebound in Notebo
Slide 31: Segment Results
Segment Results Q1 YoY Rs. cr. FY27 FY26 • Cigarettes growth Segment Results - Reflects the impact of staggered pricing approach amidst a) FMCG - Cigarettes 3341 5145 -35% unprecedented increase in tax - Others 479 396 21% Total FMCG 3820 5541 -31% • FMCG Others b) Agri Business 354 434 -18% - Segme
Slide 32: ITC – A Global Exemplar in Sustainability
ITC – A Global Exemplar in Sustainability | 32 |
Slide 33: Impactful Social Performance
Impactful Social Performance On-farm livelihood diversification Off-farm livelihood diversification ITC e-Choupal Natural Resources Management Climate Smart Agriculture^ – Afforestation – Livestock Development 4 Million Farmers – Water Stewardship 31.93 lac acres covered Over 14.95 lac acres Over 10
Slide 34: Sustainability 2.0 Sustainability Targets 2030
Sustainability 2.0 Sustainability Targets 2030 REDUCE I RECYCLE I RESTORE Raising the Bar Strategic Interventions to Combat Climate Change Renewable Specific GHG Recyclable Plastic Plastic Energy Emissions Packaging Neutrality De-Carbonisation Climate Adaptation and 100% Resilience 50% 50% 100% Coll
Slide 35: Sustainability – Highlights
Sustainability – Highlights • 9 ITC Units have received AWS (Alliance for Water Stewardship) Platinum certification • ~51% energy from renewable sources in FY26. • Sustained Plastic Neutrality in FY26 (fifth year in a row) in line with EPR requirements. • More than 1000 suppliers, including 100% cri
Slide 36: ITC: Enduring Value
ITC: Enduring Value A passion for in a way that is and Profitable growth... Sustainable… Inclusive. | 36 |
Slide 37: Links
Links Product/initiative Link Bingo! on Instagram https://www.instagram.com/bingo_snacks/ YiPPee! on Instagram https://www.instagram.com/sunfeast_yippee/ Aashirvaad on Instagram https://www.instagram.com/aashirvaad/ Sunfeast Dark Fantasy on Instagram https://www.instagram.com/sunfeastdarkfantasy/ Mo