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Shareholding Patterns of ITI Limited
Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
Promoters + | 90.28% | 90.28% | 90.28% | 90.00% | 90.00% |
FIIs + | 0.08% | 0.09% | 0.10% | 0.11% | 0.06% |
DIIs + | 0.01% | 0.01% | 0.02% | 0.02% | 0.03% |
Government + | 7.61% | 7.61% | 7.61% | 7.90% | 7.90% |
Public + | 2.01% | 1.99% | 1.99% | 1.97% | 2.01% |
No. of Shareholders | 74,754 | 80,144 | 97,979 | 1,00,321 | 1,07,468 |
Between June 2023 and June 2024, ITI Limited’s shareholding pattern reflects a stable ownership structure with significant dominance by promoters, holding a consistent 90.28% stake until December 2023, which slightly decreased to 90.00% by March and June 2024. Foreign Institutional Investors (FIIs) showed a gradual increase in their holdings from 0.08% in June 2023 to a peak of 0.11% in March 2024, before a slight decline to 0.06% in June 2024. Domestic Institutional Investors (DIIs) also exhibited a modest rise in their stake, starting at 0.01% in June 2023 and increasing to 0.03% by June 2024. Meanwhile, the government’s holding remained stable at 7.61% until December 2023, after which it rose to 7.90% in March and June 2024.
The public shareholding experienced minor fluctuations, starting at 2.01% in June 2023, dipping slightly to 1.97% in March 2024, and returning to 2.01% by June 2024. Notably, the number of shareholders saw significant growth over this period, increasing from 74,754 in June 2023 to 107,468 in June 2024. This substantial rise in the shareholder base indicates growing investor interest and confidence in ITI Limited’s prospects.
How to Purchase ITI Limited Shares in India?
Below are the trading platforms that you can use to purchase ITI Limited shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
ITI Limited Share Price Target 2024, 2025 to 2030
ITI Limited Share Price Target 2024
When | Maximum Price | Minimum Price |
July 2024 | 304.30 | 264.61 |
August 2024 | 316.48 | 275.20 |
September 2024 | 329.14 | 286.20 |
October 2024 | 322.68 | 280.59 |
November 2024 | 335.59 | 291.82 |
December 2024 | 338.94 | 294.73 |
ITI Limited Share Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | 342.33 | 263.33 |
February 2025 | 345.79 | 265.99 |
March 2025 | 353.05 | 271.58 |
April 2025 | 349.56 | 268.89 |
May 2025 | 339.38 | 261.06 |
June 2025 | 354.65 | 272.81 |
July 2025 | 347.69 | 267.46 |
August 2025 | 358.45 | 275.73 |
September 2025 | 362.75 | 279.04 |
October 2025 | 372.18 | 286.29 |
November 2025 | 381.49 | 293.45 |
December 2025 | 398.65 | 306.66 |
ITI Limited Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 410.61 | 315.86 |
February 2026 | 400.35 | 307.96 |
March 2026 | 408.35 | 314.12 |
April 2026 | 416.69 | 320.53 |
May 2026 | 412.56 | 317.36 |
June 2026 | 422.88 | 325.29 |
July 2026 | 414.58 | 318.91 |
August 2026 | 427.41 | 328.77 |
September 2026 | 435.95 | 335.35 |
October 2026 | 447.29 | 344.07 |
November 2026 | 458.47 | 352.67 |
December 2026 | 469.93 | 361.49 |
ITI Limited Share Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | 474.63 | 365.10 |
February 2027 | 486.80 | 374.46 |
March 2027 | 505.79 | 389.07 |
April 2027 | 495.87 | 381.44 |
May 2027 | 481.43 | 370.33 |
June 2027 | 503.09 | 386.99 |
July 2027 | 493.23 | 379.41 |
August 2027 | 508.48 | 391.14 |
September 2027 | 526.28 | 404.83 |
October 2027 | 539.96 | 415.36 |
November 2027 | 553.46 | 425.74 |
December 2027 | 567.30 | 436.38 |
ITI Limited Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 578.64 | 445.11 |
February 2028 | 593.48 | 456.52 |
March 2028 | 616.63 | 474.33 |
April 2028 | 604.54 | 465.03 |
May 2028 | 586.93 | 451.48 |
June 2028 | 613.34 | 471.80 |
July 2028 | 601.31 | 462.55 |
August 2028 | 619.91 | 476.85 |
September 2028 | 641.61 | 493.54 |
October 2028 | 658.29 | 506.38 |
November 2028 | 674.75 | 519.04 |
December 2028 | 691.62 | 532.01 |
ITI Limited Share Price Prediction 2029
When | Maximum Price | Minimum Price |
January 2029 | 705.45 | 542.65 |
February 2029 | 723.54 | 556.57 |
March 2029 | 751.75 | 578.27 |
April 2029 | 737.01 | 566.93 |
May 2029 | 715.55 | 550.42 |
June 2029 | 747.75 | 575.19 |
July 2029 | 733.09 | 563.91 |
August 2029 | 755.76 | 581.35 |
September 2029 | 782.21 | 601.70 |
October 2029 | 802.55 | 617.34 |
November 2029 | 822.61 | 632.78 |
December 2029 | 843.18 | 648.60 |
ITI Limited Share Price Target 2030
When | Maximum Price | Minimum Price |
January 2030 | 860.04 | 661.57 |
February 2030 | 882.09 | 678.53 |
March 2030 | 916.49 | 704.99 |
April 2030 | 898.52 | 691.17 |
May 2030 | 872.35 | 671.04 |
June 2030 | 911.61 | 701.24 |
July 2030 | 893.73 | 687.49 |
August 2030 | 921.37 | 708.75 |
September 2030 | 953.62 | 733.56 |
October 2030 | 978.42 | 752.63 |
November 2030 | 1,002.88 | 771.44 |
December 2030 | 1,027.95 | 790.73 |
2030, ITI Limited’s share price is expected to reach a maximum of ₹860.04 and a minimum of ₹661.57. By December 2030, the share price is projected to peak at ₹1,027.95 and decline to ₹790.73.
Financial Condition of ITI Limited: Last 5 Years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 2,059 | 2,362 | 1,861 | 1,395 | 1,264 |
Expenses + | 1,913 | 2,311 | 1,752 | 1,549 | 1,583 |
Operating Profit | 146 | 51 | 109 | -154 | -319 |
OPM % | 7% | 2% | 6% | -11% | -25% |
Other Income + | 184 | 161 | 255 | 53 | 44 |
Interest | 141 | 160 | 192 | 210 | 241 |
Depreciation | 42 | 42 | 51 | 50 | 53 |
Profit before tax | 147 | 11 | 120 | -360 | -569 |
Tax % | 0% | 0% | 0% | 0% | 0% |
Net Profit + | 147 | 11 | 120 | -360 | -569 |
EPS in Rs | 1.59 | 0.12 | 1.29 | -3.79 | -5.92 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
From March 2020 to March 2024, ITI Limited’s financial performance showed significant fluctuations. In terms of sales, the company experienced a decline from ₹2,059 crores in March 2020 to ₹1,264 crores in March 2024. Expenses followed a similar trend, decreasing from ₹1,913 crores in March 2020 to ₹1,583 crores in March 2024. The operating profit, which was ₹146 crores in March 2020, declined to a loss of ₹319 crores by March 2024. This decline is reflected in the Operating Profit Margin (OPM), which decreased from 7% in March 2020 to -25% in March 2024, indicating increasing inefficiencies.
Other income also saw a downward trend, decreasing from ₹184 crores in March 2020 to ₹44 crores in March 2024. The interest expenses increased from ₹141 crores in March 2020 to ₹241 crores in March 2024, further straining the company’s financials. Depreciation costs remained relatively stable, around ₹42 to ₹53 crores. The profit before tax dropped significantly, from ₹147 crores in March 2020 to a loss of ₹569 crores in March 2024. Consequently, the net profit mirrored this decline, going from ₹147 crores in March 2020 to a loss of ₹569 crores in March 2024, resulting in a negative EPS of ₹5.92 by March 2024. Throughout this period, the company did not declare any dividends, maintaining a 0% dividend payout ratio.
FAQS
What is the current share price of ITI Limited?
As of July 20th, 2024, the share price of ITI Limited is around INR ₹292.
What is ITI Limited share price target for 2025?
As per our analysis, ITI Limited in 2025 is expected to trade between ₹261.06 and ₹398.65.
What is ITI Limited share price target for 2030?
As per our analysis, ITI Limited share price target for 2030 would be somewhere between ₹661.57 and ₹1,027.95.
How can I invest in ITI Limited shares?
You can invest in ITI Limited shares through a stockbroker, either online or offline. You will need to open a Demat account and trading account to buy and sell shares. We recommend Groww and Paytm Money.
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