ITI share price
NSE: ITIBSE: 523610Telecom - Equipment & AccessoriesSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹217.56.
28 Oct: open ₹216.85, high ₹222.98, low ₹214.63
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹21,272 Cr286th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 65.62
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹453 crore of one-off items, the largest of them in the quarter to Mar 2026.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 11.16
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹453 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −7.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −0.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.40
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,58,36126.4% delivered
About ITI
ITI Limited is a telecommunications and electronics company based in Bengaluru. It works in telecommunications, electronics, defence systems, space technologies and smart connected technology. It offers telecom products and solutions covering switching, transmission, access and subscriber premises equipment.
Its activities fall into three groups: manufacturing telecom and allied products, repair and maintenance of telecom equipment, and implementation of turnkey projects. Its products include optical fibre cable, HDPE ducts, optical network terminals, solar panels and laptops. Its customers include BSNL, the defence forces, Indian Railways and ISRO. It has secured three packages of the BharatNet Phase III rural broadband project, awarded by BSNL.
The company has six manufacturing plants in India, at Bengaluru, Palakkad, Mankapur, Naini, Raebareli and Srinagar. Its research and development unit is located at the Bengaluru plant. A separate Network Systems Unit executes large turnkey telecom and defence projects. It also holds 49.06% of India Satcom Limited, a joint venture. Its shares are listed on BSE and NSE.
It was incorporated in 1950. Mobile equipment manufacturing at its Mankapur and Raebareli plants began in the year to March 2006, using GSM technology. A government revival package for the company was approved in February 2014.
ITI is a Government of India undertaking. The President of India is its promoter. A promoter is the person or group that set up a company or controls it. The Government of Karnataka is also listed as a promoter.
Written from the annual report for the year to Mar 2025, filed 18 Oct 2025 and the investor presentation.
Sources for 32 statements, each with its page
- ITI Limited is based in Bengaluru (registered office). Annual report, page 7
- It works in telecommunications, electronics, defence systems, space technologies and smart connected technology. Annual report, page 4
- It offers telecom products and solutions covering switching, transmission, access and subscriber premises equipment. Annual report, page 91
- Activity: manufacturing telecom and allied products. Annual report, page 50
- Activity: repair and maintenance of telecom equipment. Annual report, page 50
- Activity: implementation of turnkey projects. Annual report, page 50
- Products include optical fibre cable, HDPE, ONT and solar panels. Annual report, page 19
- Customer BSNL (4G rollout). Annual report, page 19
- Customers include the defence forces (encryption products to the Army). Annual report, page 2
- Customers include Indian Railways. Annual report, page 3
- ISRO is a customer (avionics package fabrication). Annual report, page 2
- It secured three BharatNet Phase III packages awarded by BSNL. Annual report, page 2
- BharatNet packages were awarded by BSNL. Annual report, page 2
- Six manufacturing plants in India. Annual report, page 50
- Bengaluru plant. Annual report, page 2
- Palakkad unit. Annual report, page 2
- Naini unit. Annual report, page 2
- Raebareli unit. Annual report, page 3
- Mankapur unit. Annual report, page 3
- Srinagar unit. Annual report, page 3
- A Network Systems Unit exists. Annual report, page 3
- Network Systems Unit executes turnkey telecom and defence projects. Annual report, page 3
- Holds 49.06% of India Satcom Limited, a joint venture. Annual report, page 43
- India Satcom Limited is a joint venture. Annual report, page 43
- Incorporated in 1950 (year in CIN). Annual report, page 7
- GSM mobile equipment manufacturing began at Mankapur and Raebareli plants in 2005-06. Annual report, page 91
- Revival package approved in February 2014. Annual report, page 19
- It is a Government of India undertaking. Investor presentation, page 1
- President of India is a promoter. Annual report, page 118
- Government of Karnataka is also listed as a promoter. Annual report, page 118
- R&D unit at Bengaluru plant. Annual report, page 22
- Shares listed on BSE and NSE. Annual report, page 50
A newer annual report was filed on 13 Oct 2026.
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.ITI quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −41.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹425 Crdown 32.28%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing. Net profit in the glossary
- −₹32 CrQuarter to Mar 2026: ₹436 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- −7.6%
Revenue by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,016 | 1,035 | 1,046 | 498 | 543 | 515 | 628 | 425 |
| Net profit | −70 | −67 | −5 | −63 | −54 | −26 | 436 | −32 |
| Net margin | −6.9% | −6.5% | −0.5% | −12.7% | −10.0% | −5.0% | 69.5% | −7.6% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,184 Crdown 39.62%
- Net profitNet profit. Under it, net profit in the year before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹293 CrYear to Mar 2025: −₹233 Cr
- Net margin
- 13.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹1,475 Cr, differs from its quarters added, ₹1,457 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,528 | 1,475 | 1,668 | 2,059 | 2,362 | 1,861 | 1,395 | 1,264 | 3,616 | 2,184 |
| Net profit | 305 | 231 | 93 | 151 | 11 | 121 | −360 | −569 | −233 | 293 |
| Net margin | 20.0% | 15.6% | 5.5% | 7.3% | 0.5% | 6.5% | −25.8% | −45.0% | −6.4% | 13.4% |
Business segments
In the year to Mar 2024 the company reports one business segment which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.ITI PE ratio and valuation
At or below today's level on 63% of 1,974 trading days since Nov 2018.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −4.1% | – | – | 0.0% |
| 3 years | +38.4% | – | – | 0.0% |
| 5 years | +15.8% | +90.9% | −39.3% | 0.0% |
Mutual fund holdings
44 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 42 of the 42 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 44 funds holding ITI
- AddedAdded. Funds that held more shares than at the end of the month before.
- 13
- CutCut. Funds that held fewer shares than at the end of the month before.
- 29
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 2
| Fund | |||
|---|---|---|---|
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 1,48,946 | 0.11% | ₹3.67 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 1,16,876 | 0.11% | ₹2.88 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 75,662 | 0.11% | ₹1.86 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 53,671 | 0.11% | ₹1.32 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 36,449 | 0.20% | ₹0.90 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 33,926 | 0.11% | ₹0.84 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 32,536 | 0.11% | ₹0.80 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 16,978 | 0.11% | ₹0.42 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 15,490 | 0.01% | ₹0.38 Cr |
 Tata Nifty India Digital Exchange Traded FundTata Mutual Fund | 14,451 | 0.22% | ₹0.36 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.ITI insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
ITI competitors and peers
Telecom - Equipment & Accessories, 15 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to ITI in market cap.Telecommunication sector stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Sterlite TechnologiesSTLTECH | 45,206 | 59.80 | 9.95 | +63.5% | – | 22.9% | 21.5% | 0.00% |
 Tejas NetworksTEJASNET | 7,346 | – | 2.91 | −71.1% | – | −27.9% | −11.6% | 0.00% |
 Optiemus InfracomOPTIEMUS | 6,633 | 91.28 | 8.54 | +20.9% | +10.6% | 10.1% | 6.7% | 0.00% |
| Orient Cables (India)ORIENTCABL | 4,044 | – | – | – | – | – | – | 0.00% |
 Valiant CommunicationsVALIANT | 1,915 | 70.27 | 19.84 | +65.7% | +143.0% | 34.5% | 32.2% | 0.09% |
 ADC India CommunicationsADCINDIA | 981 | 43.55 | 11.32 | +19.0% | +0.3% | 28.8% | 29.0% | 1.17% |
 Birla CableBIRLACABLE | 979 | 21.18 | 3.49 | +28.1% | +656.8% | 17.3% | 16.8% | 0.38% |
 Frog InnovationsFROG | 353 | – | 2.22 | −51.7% | −106.6% | −1.0% | – | 0.00% |
Latest announcements
Routine notices left out.ITI announcements
Oct 2026
19 Oct · Management
15 Oct · Management
13 Oct · Updates
13 Oct · Updates
13 Oct · Updates
13 Oct · Meeting
ITI share price by year
Each calendar year to 2025.ITI share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 309.85 | −20.0% | 544.35 | 234.04 |
| 2024 | 387.15 | +27.1% | 389.90 | 211.55 |
| 2023 | 304.55 | +194.0% | 316.75 | 87.10 |
| 2022 | 103.60 | −12.0% | 124.60 | 81.45 |
| 2021 | 117.75 | −7.0% | 136.60 | 102.80 |
| 2020 | 126.55 | +36.8% | 145.10 | 48.20 |
| 2019 | 92.50 | −1.4% | 111.80 | 60.20 |
| 2018 | 93.80 | −31.8% | 144.80 | 70.30 |
| 2017 | 137.50 | +205.9% | 159.75 | 41.55 |
| 2016 | 44.95 | +46.9% | 52.80 | 23.20 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 215.27 | 222.36 | 215.27 | 217.56 | 218.70 | 1,59,807 | 27.3% |
| 26 Oct 2026 | 211.63 | 219.90 | 210.76 | 217.43 | 216.33 | 2,01,420 | 35.7% |
| 23 Oct 2026 | 225.15 | 225.34 | 213.61 | 215.38 | 216.90 | 3,13,468 | 47.1% |
| 22 Oct 2026 | 230.90 | 232.10 | 225.35 | 227.27 | 228.71 | 1,77,846 | 38.7% |
| 21 Oct 2026 | 238.01 | 240.66 | 230.55 | 232.83 | 234.03 | 1,50,400 | 41.4% |
| 19 Oct 2026 | 243.41 | 243.97 | 236.51 | 238.01 | 239.18 | 1,34,639 | 47.8% |
| 16 Oct 2026 | 242.63 | 246.53 | 240.99 | 243.47 | 244.16 | 1,50,643 | 26.9% |
| 15 Oct 2026 | 243.00 | 245.34 | 241.50 | 242.63 | 243.21 | 92,297 | 33.9% |
| 14 Oct 2026 | 244.51 | 246.99 | 242.95 | 244.04 | 244.78 | 1,00,434 | 37.1% |
Company details
- NSE symbol
- ITI
- BSE code
- 523610
- ISIN
- INE248A01017
- Industry
- Telecom - Equipment & Accessories
- Website
- www.itiltd.in
- CIN
- L32202KA1950GOI000640
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1950
- Registered office
- ITI Bhavan Doorvani nagar, Bengaluru 560016, Karnataka
- Share registrar
- Integrated Registry Management Services Pvt. Ltd (Integrated Enterprises (India) Ltd)
- Keeps the register of shareholders and handles transfers and dividend payments