profit from every ₹100 of sales.

ITI
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹82.35 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What ITI sold, what it kept, and what it did with the cash.
Sales went from ₹14.0 billion in 2023 to ₹21.8 billion in 2026, with ₹2.93 billion of profit last year.
ITI vs. similar companies
ITI grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
ITI | 82.4× · Very expensive | ||
Cisco | 29.9× · Fair price | ||
Foxconn Industrial Internet | 25.6× · Fair price | ||
Zhongji Innolight | 59.1× · Expensive | ||
Motorola Solutions | 41.1× · Expensive |
AI analysis
An AI analyst reads ITI's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 13,954 | 12,636 | 36,164 | 21,837 | |
| 1,477 | -228 | 2,259 | 3,467 | |
| -1,927 | -3,520 | -1,291 | -128 | |
| -1,289 | -3,109 | 786 | 5,462 | |
| -3,599 | -5,689 | -2,149 | 2,928 | |
| -3.81 | -5.92 | -2.24 | 3.04 | |
| 10.6% | -1.8% | 6.2% | 15.9% | |
| -13.8% | -27.9% | -3.6% | -0.6% | |
| -25.8% | -45.0% | -5.9% | 13.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 94,914 | 95,974 | 104,023 | 93,465 |
| Cash | 94 | 1,183 | 1,487 | 244 |
| Total debt | 18,766 | 18,013 | 14,808 | 7,650 |
| Total liabilities | 71,169 | 78,130 | 87,777 | 74,409 |
| 23,745 | 17,844 | 16,246 | 19,056 | |
| 944 | 961 | 959 | 963 | |
| -3.3% | -8.0% | 0.2% | 14.5% | |
| -15.2% | -31.9% | -13.2% | 15.4% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -2,935 | 9,738 | -1,353 | -1,354 | |
| 607 | 376 | 159 | 43 | |
| -3,542 | 9,363 | -1,512 | -1,396 | |
| Dividends paid | – | 0 | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 82.4×
- –
- –
- 12.7×
- 11.0×
- –
- 45.5×
- -0.6%
- 1.2%
- –
Profitability
- 15.9%
- -0.6%
- 13.4%
- –
- 12.9%
- 0.4%
- –
- –
- –
- –
Growth
- +16.1%
- –
- –
- –
- +0.6%
Financial health
- 1.4×
- 0.40
- –
- 2.8×
- 1.10
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about ITI
Is ITI a good stock to buy?
A solid business, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ITI AI analysis
What does ITI do?
ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India. It is in Communication Equipment, based in Bengaluru, India, with 763 employees.
Is ITI stock halal?
Yes. ITI passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has ITI stock done over the past year?
Down 20.1% over the past twelve months, to ₹250.45. It traded between ₹215.45 and ₹314.55 and is 20.4% below its high.
Who are ITI's competitors?
The largest listed companies in the same industry are Cisco, Foxconn Industrial Internet, Zhongji Innolight and Motorola Solutions. The peers table on this page compares their profit, growth and price with ITI's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



