Slide 1: Q4 & FY25 Results
Q4 & FY25 Results 22nd May, 2025 |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
India Macro Environment Indian Economy remains relatively resilient amidst sluggish global economy ▪ FY25 Real GDP growth estimated at 6.5% (FY24: 9.2%) Real GDP growth YoY ▪ FY26 Real GDP projected to grow at 6.5% 9.2 ▪ Consumption Expenditure expected to pick up 6.5 6.5 progressively − Continued r
Slide 5: Macro Economic Environment
Macro Economic Environment Key Key Heightened Positives Monitorables Uncertainty Geopolitical Strong Bank & Urban demand Inflation disruptions Stable growth Corporate recovery trajectory outlook Balance Sheets Reciprocal trade tariffs Fiscal Deficit External Steady Rural Good Rabi crop relatively Pr
Slide 6: Q4 FY25 Results Headline Financials & Business Highlights
Q4 FY25 Results Headline Financials & Business Highlights |6|
Slide 7: Resilient performance amidst a subdued demand environment
Resilient performance amidst a subdued demand Key Highlights: FY25 environment & sharp escalation in input costs Gross Revenue EBITDA +10.2% +2.3% Ex paper up 4.4% Total Dividend Rs. 14.35 per share (Including Interim Dividend of Rs. 6.50 per share) Note: Continuing Operations on Standalone basis |7
Slide 8: Key Highlights: Q4 FY25
Key Highlights: Q4 FY25 Gross Revenue EBITDA +9.2% +2.5% Ex paper up 4.2% Resilient performance amidst a subdued demand environment & sharp escalation in input costs Note: Continuing Operations on Standalone basis |8|
Slide 9: Key Highlights
Key Highlights ▪ Hotels Business demerged into ITC Hotels Limited (ITCHL) with effect from 1st January 2025 ̶ Reported as ‘Discontinued Operations’ in the financial results for the year ended 31st March, 2025 in line with applicable Indian Accounting Standards. ▪ Value accretive acquisitions announc
Slide 10: Key Highlights
Key Highlights Resilient performance amidst a subdued demand environment & sharp escalation in input costs ̶ Full Year Gross Revenue up 10.2% YoY and EBITDA up 2.3% YoY (ex- Paper, up 4.4% YoY) ̶ Q4 Gross Revenue up 9.2% YoY and EBITDA up 2.5% YoY (ex-Paper, up 4.2% YoY) ̶ Sharp escalation in key in
Slide 11: Key Highlights
Key Highlights ▪ Cigarettes Net Segment Revenue up 7.1% YoY & Segment PBIT up 4.9% YoY for the Full Year ̶ Q4 Net Segment Revenue up 6.0% YoY; Segment PBIT up 4.0% YoY ̶ Strategic portfolio and micro market interventions, with focus on competitive belts and to counter illicit trade, drive volume-led
Slide 12: Key Highlights
Key Highlights ▪ Paperboards, Paper and Packaging Segment remains impacted due to low priced Chinese & Indonesian supplies in global markets including India, soft domestic demand conditions and unprecedented surge in wood prices ̶ Subdued realisation and surge in domestic wood prices continue to wei
Slide 13: 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 Digital first culture Responsible Structural Future Ready Purposeful Resilient Competitiveness
Slide 14: FMCG Cigarettes
MM ENA Enduring Value FMCG Cigarettes
Slide 15: FMCG Cigarettes – Q4 FY25
FMCG Cigarettes – Q4 FY25 Strong volume led revenue growth ▪ Net Segment Revenue* up 6.0% YoY, driven by volumes Segment Revenue ▪ Sharp cost escalation in leaf tobacco partly mitigated through improved mix and focused cost management initiatives 8400 cr. 6.0% ▪ Business continues to counter illicit
Slide 16: FMCG Cigarettes: Reinforcing market standing
FMCG Cigarettes Reinforcing market standing Innovation Portfolio Fortification • Classic Connect • Scissors • American Club Clove Mint • Flake Spl • Gold Flake Indie Mint • Silk Cut Red Recent Introductions • Classic Clove • Gold Flake SLK Range • Flake Insta Fresh • Classic Icon • Gold Flake Nova •
Slide 17: FMCG Others
A Masaledar chole ka asli saathi @ MP Chakki Atta se bani garam roti! MM ENA Enduring Value Paperkraft Stationery essentials FMCG Others EXPERIENCE FRESH BLOOMS IN EVERY SPRAY
Slide 18: FMCG Others – Q4 FY25
Resilient performance amidst FMCG Others – Q4 FY25 muted demand conditions ▪ Resilient performance in FMCG – Others; Q4 Segment Revenue up 4% YoY, up 5.4% YoY ex Notebooks - Atta, Spices, Frozen Snacks, Dairy, Premium Personal Wash, Homecare & Agarbatti drive growth - Notebooks impacted by heightene
Slide 19: FMCG Others
FMCG Others ▪ Q4 Segment EBITDA margin at 8.9%; FY25 at 9.8% - Severe inflationary pressures in prices of edible oil, wheat, maida, potato, cocoa, packaging inputs etc. - Partially mitigated through focused cost management initiatives, calibrated pricing actions and premiumisation - Sustained compet
Slide 20: Future-Ready Portfolio
Future-Ready Portfolio Recent Launches Fortifying the Core Addressing New Growth Adjacencies Vectors Sunfeast Bingo! Salt ‘n Pepper Engage Perfume Sunrise Pure Masala Bingo! Namkeen Vanilla Milkshake Popped Chips L’amante Soie Chinese Fried | Schezwan | Peri Peri Fabelle Exquisite Pudina Twist Hazel
Slide 21: Deepening Consumer Engagement
Deepening Consumer Engagement Innovative communication Full on Festivals | 21 |
Slide 22: Leveraging Special Occasions to enhance Consumer Connect
Leveraging Special Occasions to enhance Consumer Connect | 22 |
Slide 23: Agri Business
A Enduring Value Agri Business
Slide 24: Agri Business – Q4 FY25
Segment Revenue up 18% YoY Agri Business – Q4 FY25 led by Leaf Tobacco, Value Added Agri Exports & Rice ▪ Strong growth in Value Added agri exports (Coffee, Spices, etc.) Segment Revenue ̶ Coffee: Leveraged strong customer relationships & high demand (a/c shortage in key origins) 3649 cr. 17.7% ̶ Sp
Slide 25: Nicotine Derivatives: Leading to superior and sustained margins
Nicotine Derivatives ‒ Purity @99.9% ‒ Quality → US & EU pharmacopoeia ‒ ESG aligned value chain Leading to superior and sustained margins ‒ State-of-the-Art cGMP standard processing facility Product / ‒ Green energy Customer ‒ Zero Liquid & Solid Waste Discharge IIVL facility, Mysore ‒ Farm level S
Slide 26: Paperboards, Paper & Packaging
Paperboards, Paper & Packaging | 26 |
Slide 27: Paperboards, Paper & Packaging – Q4 FY25
Resilient performance amidst a Paperboards, Paper & Packaging – Q4 FY25 challenging operating environment ▪ Low priced Chinese & Indonesian supplies, soft domestic demand, lower realisations Segment Revenue continue to impact Industry performance 2188 cr. 5.5% ― Excess capacities in certain geograph
Slide 28: Financials
Financials | 28 |
Slide 29: Key Financials - FY25
Key Financials - FY25 Rs. cr. FY25 FY24 GOLY Gross Revenue 73,465 66,657 10.2% EBITDA 24,025 23,494 2.3% ex-Paper up 4.4% PBT 26,529 25,632 3.5% PAT 20,092 19,910 0.9% Comparable PAT Current year PAT includes fair value gain of Rs. 463 cr. upon acquisition of certain investments at cost from a wholl
Slide 30: Key Financials – Q4 FY25
Key Financials – Q4 FY25 Q4 Q4 Rs. cr. GOLY FY25 FY24 Gross Revenue 18,266 16,732 9.2% EBITDA 5,986 5,842 2.5% ex-Paper up 4.2% PBT 6,417 6,288 2.1% PAT 4,875 4,837 0.8% Comparable PAT Current year PAT includes impact of Rs. 35 cr. for capital gains tax related changes on treasury investments. Note:
Slide 31: Segment Revenue & Results FY25
Segment Revenue & Results FY25 Full Year Full Year Rs. cr. Rs. cr. FY25 FY24 GOLY FY25 FY24 GOLY Segment Results Segment Revenue a) FMCG - Cigarettes 20025 19089 5% a) FMCG - Cigarettes 32631 30597 7% - Others 1580 1779 -11% - Others 21982 20967 5% Total FMCG 21605 20868 4% Total FMCG 54613 51563 6%
Slide 32: Segment Revenue & Results Q4 FY25
Segment Revenue & Results Q4 FY25 Q4 Q4 Rs. cr. Rs. cr. FY25 FY24 GOLY FY25 FY24 GOLY Segment Results Segment Revenue a) FMCG - Cigarettes 5118 4923 4% a) FMCG - Cigarettes 8400 7925 6% - Others 345 477 -28% - Others 5495 5300 4% Total FMCG 5463 5401 1% Total FMCG 13894 13225 5% b) Agri Business 255
Slide 33: FY25 Financial Results: Note relating to Hotels Demerger
FY25 Financial Results Note relating to Hotels Demerger The Scheme of Arrangement amongst the Company and ITC Hotels Limited (‘ITCHL’) and their respective shareholders and creditors under Sections 230 to 232 read with the other applicable provisions of the Companies Act, 2013 (‘the Scheme’) for dem
Slide 34: FY25 Financial Results: Note relating to Hotels Demerger
FY25 Financial Results Note relating to Hotels Demerger As provided in the Scheme, the Company has accounted for the aforesaid demerger in its books of accounts in accordance with the Indian Accounting Standards (Ind AS) and generally accepted accounting principles in India. The fair value of the ne
Slide 35: FY25 Financial Results: Discontinued Operations
FY25 Financial Results Note relating to Hotels Demerger Brief particulars of the Discontinued Operations are given as under: (₹ in Crores) Corresponding Preceding Twelve Twelve Sr. 3 Months 3 Months 3 Months Months Months Particulars No. ended ended ended ended ended 31.03.2025 31.03.2024 31.12.2024
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 Off-farm livelihood ITC e-Choupal Natural Resources diversification – Afforestation diversification – Livestock Climate Smart Agriculture^ Management – Water 4 Million Farmers Development Over 31.7 lac acres covered Stewardship Over 13.2 lac acres Over
Slide 38: Sustainability 2.0 and 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-Carbonization Climate Adaptation and 100% Resilience 50% 50% 100% Coll
Slide 39: Sustainability – Highlights
Sustainability – Highlights • Comprehensive policies & guidelines institutionalised • 9 ITC Units have received AWS (Alliance for Water Stewardship) Platinum certification • ~52% energy from renewable sources • Maintained Plastic Neutrality - ~76,000 MT of plastic waste managed in FY25 • Approx. 800
Slide 40: ITC Infotech
ITC Infotech | 4040|
Slide 41: ITC Infotech
ITC Infotech Customer Centricity | Employee Centricity | Operational Excellence Rs. cr. Rs.cr. Revenue FY25 YoY +14% Adj. EBITDA FY25 YoY +13% Revenue Adj. EBITDA Rs.cr. 4500 4200 850 4500 4245 2000 3900 800 787 750 3600 700 4000 1800 3300 650 3500 1600 600 3730 3000 3000 1400 2700 4245 550 500 697
Slide 42: ITC: Enduring Value
ITC: Enduring Value A passion for in a way that is and Profitable growth... Sustainable… Inclusive. | 42 |
Slide 43: 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