Slide 1: Q4 & FY26 Results
Q4 & FY26 Results 21st May, 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: India Macro Environment
Indian Economy remains resilient amidst India Macro Environment heightened uncertainty in global environment Real GDP growth YoY ▪ FY26 Real GDP growth estimated at 7.6% (FY25: 7.1%) ▪ FY27 Real GDP projected to grow at 6.9% (RBI estimate) ▪ West Asia conflict → heightened concerns regarding energy
Slide 5: Macro Economic Environment
Macro Economic Environment Key Heightened Key Positives Uncertainty Monitorable Strong domestic Geopolitical Improved Urban & Rural Private Capex disruptions structural drivers Credit Growth Demand revival of growth Trade Barriers Income Tax, Strong Bank & External Robust Rabi Unseasonal Fiscal Defi
Slide 6: Q4 FY26 Results Headline Financials & Business Highlights
Q4 FY26 Results Headline Financials & Business Highlights |6|
Slide 7: Key Highlights: FY26
Strong performance in FMCG Key Highlights: FY26 Rebound in Paper in H2 Consolidated Standalone Gross Revenue EBITDA Gross Revenue EBITDA +10.3% +5.4% +10.1% +4.9% (Ex Paper +6%) (Ex Paper +6%) PAT Total Dividend +4.9% Rs.14.5 per share (Including Interim Dividend of Rs.6.5 per share) Strong performa
Slide 8: Key Highlights: Q4 FY26
Strong performance amidst supply chain disruptions Key Highlights: Q4 FY26 & logistical challenges due to West Asia conflict Consolidated Standalone Gross Revenue EBITDA Gross Revenue EBITDA +17.1% +6.9% +17.5% +7.3% (Ex Agri +8%) (Ex Agri +9%) PAT PAT +6.1% +4.9% |8|
Slide 9: Key Highlights: FMCG Others
Key Highlights ▪ Robust performance in FMCG – Others Segment; Double digit growth in Revenue & Profits ̶ Q4: Segment Revenue up 15% YoY (14% YoY ex Sresta); Segment PBIT up 51% YoY ▪ EBITDA margin +200 bps YoY to 11% (ex Sresta) ̶ Full Year: Segment Revenue up 10%* YoY (ex Notebook 11% YoY); Segment
Slide 10: Key Highlights: Cigarettes and Agri
Key Highlights ▪ Cigarettes Business: Unprecedented increase in taxes w.e.f. 1st Feb’26; Transition to new tax structure ̶ FY26: Net Segment Revenue* up 8.2% YoY & Segment PBIT up 5.1% YoY; Q4 Segment PBIT up 7.2% YoY ▪ Strong performance till Jan’26 driven by strategic portfolio & market interventi
Slide 11: Key Highlights: Paperboards, Paper and Packaging
Key Highlights ▪ Paperboards, Paper and Packaging: Continued Improvement in performance of Paper Segment continues ̶ Q4: Segment PBIT up 21% YoY and 24% QoQ ̶ Partial relief to industry with the imposition of MIP on Virgin Multi-layer Paperboard w.e.f 22nd Aug’25 ̶ Improvement in wood availability →
Slide 12: ITC Next Strategy
ITC Next Strategy Future Tech | Consumer Centric | Climate Positive | Inclusive Multiple Drivers Innovation and Supply Chain Digital Sustainability Cost Agility & of Growth R&D 2.0 Productivity Agile Agile Existing Platforms Digital first culture Responsible Structural Purposeful Resilient Competiti
Slide 13: FMCG Cigarettes FY26
MM ENA Enduring Value FMCG Cigarettes FY26
Slide 14: FMCG Cigarettes – FY26
FMCG Cigarettes – FY26 ▪ Strong performance till Jan’26 driven by strategic portfolio & market interventions Segment Revenue ▪ Unprecedented increase in tax incidence on cigarettes w.e.f. 1st Feb’26 37,100 cr. 13.7% ▪ Strategic approach to mitigate impact of unprecedented increase in tax incidence ̶
Slide 15: FMCG Cigarettes: Reinforcing market standing
FMCG Cigarettes Reinforcing market standing Innovation Portfolio Fortification • Classic Connect • Gold Flake • Silk Cut Red • American Club Clove Mint • Scissors • Classic • Gold Flake Indie Mint • Flake Spl Recent Introductions/ New Variants • Classic Clove • American Club Super Slims • Gold Flake
Slide 16: FMCG Others Q4 FY26
FMCG Others Q4 FY26 Segment Revenue: +15% Segment Results +51% EBITDA margin @ 11% (ex Sresta) I 17 I | | 16
Slide 17: FMCG Others – Q4 FY26
Robust Revenue Growth FMCG Others – Q4 FY26 +15% YoY ▪ Broad based growth across categories - Staples, Biscuits, Snacks, Frozen Snacks, Noodles, Dairy, Premium Personal Wash, Homecare & Agarbattis drive growth - Smart rebound in Notebooks in H2 amidst continued low-priced paper imports & opportunist
Slide 18: FMCG Others Segment PBIT up 51% YoY
FMCG Others Segment PBIT up 51% YoY ▪ EBITDA margin expand 200 bps YoY to 11% (ex Sresta) - Trade & marketing investments sustained at competitive levels to support growth and market standing - Sharp surge in prices of key input materials towards end of the quarter amidst West Asia conflict ▪ Being
Slide 19: Future-Ready Portfolio
Future-Ready Portfolio Recent Launches Fortifying the Core Addressing Adjacencies New Growth Vectors Sunfeast Farmlite Yoga Bar Sugar Free Choco Nut I Hazelnut Protein Wafers Oats Cookies Cookies & Cream I Dark Bingo! Kitchen Style Chocolate I Strawberry Pop Butter Murukku I Madras Mixture I Ribbon
Slide 20: Deepening Consumer Engagement
Deepening Consumer Engagement Impactful Brand Integration Fostering Inclusivity ASSOCIATE STREAMING PARTNER | 20 |
Slide 21: Sustained Marketing Investments
Sustained Marketing Investments Sharpening Value Proposition | 21 |
Slide 22: Agri Business
A Enduring Value Agri Business
Slide 23: Agri Business – Q4 FY26
Agri Business – Q4 FY26 ▪ Agri performance reflects impact of geopolitical disruptions, timing difference & high base ₋ Structural drivers in place for scaling up Segment Revenue ₋ Sourcing & Processing | Strong Customer relationships | New Market Development Q4 FY26 ▪ Continued strategic sourcing s
Slide 24: Paperboards, Paper & Packaging
Paperboards, Paper & Packaging | 24 |
Slide 25: Paperboards, Paper & Packaging – Q4 FY26
Profits Paperboards, Paper & Packaging – Q4 FY26 ↑21% YoY | ↑24% QoQ Segment Revenue ▪ Partial relief to industry with the imposition of MIP on Virgin Multi-layer Paperboard w.e.f 22nd Aug’25 2228 cr. 1.8% ▪ Input cost witnessed moderation amidst improved wood availability ▪ Strong growth in Special
Slide 26: 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 27: Fresh Food Business
FY26 GMV ~220 cr. Fresh Food Business Doubled YoY FY26 ▪ New vector of growth envisioned in the ITC Next strategy GMV ― Leverages Company’s expertise in Food Science & Manufacturing, trusted ~ Rs. 220 cr. FMCG Food brands and Culinary expertise ▪ Full-stack platform → Increasing consumer traction Ac
Slide 28: Fresh Food – Full Stack Platform
Fresh Food – Full Stack Platform Strong Brands | Diverse Cuisines North Indian World of Bakery Pan Asian Occasional Authentic Taste, Gourmet Master Chef Recipes Home-style Recipes, Global formats, adapted Gourmet Chinese, Wholesome & Pure Veg for Indian Palate Thai & more! Daily Comfort Indulgent |
Slide 29: Financials
Financials | 29 |
Slide 30: Key Financials – Standalone - FY26
Key Financials – Standalone - FY26 Rs. Cr. FY26 FY25 GOLY Gross Revenue 80,867 73,467 10.1% EBITDA 25,208 24,026 4.9% Ex-Paper up 6% YoY PBT (bei) 26,951 26,002 3.7% Exceptional Items -184 528 PBT 26,768 26,530 0.9% PAT 20,286 20,093 1.0% Exceptional items: CY : (i) Est. one-time impact on recogniti
Slide 31: Key Financials – Standalone – Q4 FY26
Key Financials – Standalone – Q4 FY26 Rs. Cr. Q4 FY26 Q4 FY25 GOLY Gross Revenue 21,463 18,267 17.5% EBITDA 6,426 5,987 7.3% ex-Agri up 9% YoY PBT 6,694 6,417 4.3% PAT 5,113 4,875 4.9% | 31 |
Slide 32: Key Financials – Consolidated – FY26
Key Financials – Consolidated – FY26 Rs. Cr. FY26 FY25 GOLY Gross Revenue 89,258 80,943 10.3% EBITDA: +5.4% PBT (bei) 28,325 26,927 5.2% (ex-Paper up 6% YoY) Exceptional Items -292 PBT 28,033 26,927 4.1% PAT 21,018 20,036 4.9% Strong performance by Group entities led by ITC Infotech India Ltd, Surya
Slide 33: Key Financials – Consolidated – Q4 FY26
Key Financials – Consolidated – Q4 FY26 Rs. Cr. Q4 FY26 Q4 FY25 GOLY Gross Revenue 23,626 20,176 17.1% EBITDA: +6.9% PBT (bei) 7,198 6,836 5.3% (ex-Agri up 8% YoY) Exceptional Items -25 PBT 7,173 6,836 4.9% PAT 5,470 5,155 6.1% Strong performance by Group entities led by ITC Infotech India Ltd, Sury
Slide 34: Segment Revenue & Results – FY26
Segment Revenue & Results – FY26 Full Year Full Year YoY YoY Rs. cr. FY26 FY25 Rs. cr. FY26 FY25 growth growth Segment Results Segment Revenue a) FMCG - Cigarettes 21051 20025 5.1% a) FMCG - Cigarettes 37100 32631 13.7% - Others 1803 1580 14.1% - Others 24210 21982 10.1% Total FMCG 22854 21605 5.8%
Slide 35: Segment Revenue & Results – Q4 FY26
Segment Revenue & Results – Q4 FY26 Q4 Q4 YoY YoY Rs. cr. FY26 FY25 Rs. cr. FY26 FY25 growth growth Segment Results Segment Revenue a) FMCG - Cigarettes 5488 5118 7.2% a) FMCG - Cigarettes 11066 8400 31.7% - Others 521 345 51.0% - Others 6304 5495 14.7% Total FMCG 6009 5463 10.0% b) Agri Business 17
Slide 36: ITC – A Global Exemplar in Sustainability
ITC – A Global Exemplar in Sustainability | 36 |
Slide 37: 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 14.8 lac acres Over 9.8
Slide 38: 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 39: ITC Infotech
ITC Infotech | 3939|
Slide 40: ITC Infotech
ITC Infotech Customer Centricity | Employee Centricity | Operational Excellence Revenue Rs.cr. EBITDA Margin ^ - Focus on strategic large deal wins 18.5% 18.5% 20.0% - Lifetime high Customer Satisfaction Score (2nd among IT Service 600 0 18.0% industry) 4835 16.0% 500 0 12.9% 4245 14.0% - Continued
Slide 41: ITC: Enduring Value
ITC: Enduring Value A passion for in a way that is and Profitable growth... Sustainable… Inclusive. | 41 |
Slide 42: 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