ITC

ITC Limited: A Diversified Indian Conglomerate with a New Structure

ITC Limited is an Indian multinational conglomerate headquartered in Kolkata. It is one of India's largest and most respected multi-business enterprises, with a diversified presence across FMCG (Fast Moving Consumer Goods) including cigarettes, hotels, paperboards & packaging, and agri-business. Following the demerger of its Hotels business into ITC Hotels Limited (which was listed on January 29, 2025), ITC Limited is now more focused on its core FMCG-Cigarettes, FMCG-Others, Paperboards, and Agri segments, while retaining a strategic 40% stake in ITC Hotels. Key Business Segments/Product Portfolio (Post-Demerger for ITC Limited): FMCG - Cigarettes: Dominant market leader in the Indian cigarette industry. Key brands include 'India Kings', 'Classic', 'Gold Flake', 'Navy Cut', 'Bristol', 'Flake', and 'Capstan'. This segment remains the largest contributor to profit. FMCG - Others: A rapidly growing portfolio of branded packaged foods, personal care products, education & stationery products, safety matches, and agarbattis. Key brands include 'Aashirvaad', 'Sunfeast', 'Bingo!', 'Yippee!', 'Savlon', 'Engage', 'Fiama', 'Classmate', etc. Paperboards, Paper & Packaging: Manufacturing and marketing of paperboards, specialty papers, and packaging solutions. Focus on sustainable and value-added products. Agri-Business: Sourcing and export of various agricultural commodities (wheat, tobacco, coffee, spices), and value-added agri-products. Leverages its e-Choupal network. (Note: The Hotels business is now listed as ITC Hotels Limited, with ITC Limited holding a 40% stake and ITC's shareholders directly holding 60% of ITC Hotels shares following the 1:10 demerger ratio (1 ITC Hotels share for every 10 ITC shares held as of January 6, 2025 record date).)