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Earnings · Tobacco · Mega cap

ITC posts in-line annual results, dividend edged up

Revenue rose ~9%, net profit marginally higher; final dividend ₹8.00 vs ₹7.85 last year. Total annual payout ₹14.50 per share.

2 earlier stories on ITC Ltd.
Mkt cap₹3.63 lakh cr
P/E17.56×
ROE49.62%
Debt / eq.0.00
Div yld5.00%
₹14.50 per share Total annual dividend (final plus interim)

What's new

  • Consolidated revenue grew ~9% in FY25-26.
  • Continuing operations net profit saw a marginal increase.
  • Board recommended final dividend of ₹8.00 per share, total annual ₹14.50.

Why this matters

For a ₹3.9 lakh crore consumer giant, these results are textbook steady. The modest dividend increase reflects an unexciting year with no margin surprises or strategic pivots. Investors looking for catalysts will find none here.

What we're watching

  • ITC's performance in FMCG and hotels for the coming quarters.
  • Any shifts in capital allocation or dividend policy.
  • Management commentary on demand trends in the annual report.

The full read

ITC's FY25-26 annual results landed without drama. Revenue grew roughly 9% on a consolidated basis, while continuing operations net profit inched up. The headline move was the final dividend recommendation of ₹8 a share, taking the total for the year to ₹14.50 – a slight increase from last year's ₹14.35. For a company with a market cap near ₹4 lakh crore, these numbers are squarely in the 'steady-as-she-goes' zone. No new strategic pivot, no margin surprise, no guidance revision. The filing is a textbook periodic disclosure, and the numbers were broadly in line with expectations.

Mentioned: ITC Ltd. · ₹3.9 lakh crore market cap · ₹8 final dividend
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

ITC Ltd.

FMCG
₹3.78 L cr
P/E 18.27×

Latest quarter · Mar 2026

Sales₹23,821 cr
Net profit₹5,330 cr
Op. margin+29.1%
EPS₹4.30

Strength & growth

Debt / equity0.00×
Current ratio3.06×
Sales CAGR+8.2%
EPS CAGR+6.7%
Financials via Tijori — a research aid, not investment advice.ITC on Tijori

Story so far

All notes on ITC →
  1. 21 May 2026 · 3:22 PM IST ITC posts in-line annual results, dividend edged up
  2. 50d ago ITC posts in-line annual results, declares ₹8/sh final dividend
  3. 50d ago ITC's FY26 profit rises 4.9% as revenue grows 9%