ITC

💰 Dividend Strength

🧾 Key Recent Developments 🏢 Hotel Business Demerger (Big Trigger) ITC is in process of demerging its hotel business into a separate listed entity (ITC Hotels) Shareholders to receive proportionate stake in the new company 👉 Impact: Unlocks value of hotel business ITC becomes more focused on core FMCG + cigarette segments 🚬 Cigarette Business (Core Strength) Continues to deliver: Strong margins Stable volume growth No major tax shocks recently → positive for profitability 🛍️ FMCG Business Growth Non-cigarette FMCG segment growing ~8–12% YoY Focus areas: Packaged foods Personal care Agri products 👉 Still working toward higher profitability, margins improving gradually 💰 Dividend Strength ITC remains one of the highest dividend-paying stocks in India Attractive for income investors 📈 Financial Performance Overall: Steady revenue growth Strong cash flows Cigarette segment continues to drive majority of profits FMCG profitability improving but still below cigarette margins 🌱 ESG & Sustainability Push Focus on: Sustainable packaging Carbon neutrality initiatives Helps improve global investor perception