ITI logo

ITI share price

NSE: ITIBSE: 523610Telecom - Equipment & AccessoriesSmall Cap

Last close ₹215.38down ₹11.89 (5.23%)BSE ₹215.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹227.27.

52-week range of traded prices to 23 Oct 2026
₹213.61Low, 23 Oct 2026₹340.40High, 27 Oct 2025
Market cap
₹20,738 Cr286th largest listed
P/E
64.0
P/E without one-offs
Lossover the last 12 months
P/B
10.9
Dividend yield
Nonein the last 12 months
ROE
18.4%
ROE without one-offs
−7.3%
ROCE
−0.1%
Debt to equity
0.40
Volume, NSE
3,13,46847.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−34.5%over a year · Nifty 500 −9.8%

Results20-session average 2,15,282 shares a day, 35.9% delivered

Results

Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹425 Crdown 32.28%
Net profit
−₹32 CrQuarter to Mar 2026: ₹436 Cr
Net margin
−7.6%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
Back to profit in the year to Mar 2026, ₹293 CrA loss in 3 of the 10 years shown

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.

₹ croreSep 2024Filed 15 NovDec 2024Filed 14 FebMar 2025Filed 19 JulJun 2025Filed 13 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 2 JunJun 2026Filed 13 Aug
Revenue1,0161,0351,046498543515628425
Net profit−70−67−5−63−54−26436−32
Net margin−6.9%−6.5%−0.5%−12.7%−10.0%−5.0%69.5%−7.6%
Standalone. The last eight quarters. The latest is shaded.

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.PE ratio and valuation history

Price to book

At or below today's level on 62% of 1,971 trading days since Nov 2018.

LowestHighest
Its median5.1Industry median2.9

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−4.1%––0.0%
3 years+38.4%––0.0%
5 years+15.8%+90.9%−39.3%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters90.02%
  • Foreign institutions0.02%
  • Indian institutions0.07%
  • Governments7.88%
  • Individuals and others2.01%
Holder
PRESIDENT OF INDIAPromoter89.99%
SPECIAL NATIONAL INVESTMENT FUNDCentral government7.88%
GOVERNOR OF KARNATAKAPromoter0.03%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 86,44,85,747 of its 96,28,51,967 shares locked in.

Mutual funds holding it

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.Mutual fund holdings

Added
13
Cut
29
Held unchanged
2
Fund
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund1,48,9460.11%₹3.67 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund1,16,8760.11%₹2.88 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund75,6620.11%₹1.86 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund53,6710.11%₹1.32 Cr
Nippon India Mutual Fund logoNippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund36,4490.20%₹0.90 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund33,9260.11%₹0.84 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund32,5360.11%₹0.80 Cr
Jio BlackRock Mutual Fund logoJioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund16,9780.11%₹0.42 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund15,4900.01%₹0.38 Cr
Tata Mutual Fund logoTata Nifty India Digital Exchange Traded FundTata Mutual Fund14,4510.22%₹0.36 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Telecom - Equipment & Accessories, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to ITI in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Sterlite Technologies logoSterlite TechnologiesSTLTECH42,495174.9––+18.9%–11.4%12.4%0.00%
Tejas Networks logoTejas NetworksTEJASNET7,256–2.9–−71.1%–−27.9%−11.6%0.00%
Optiemus Infracom logoOptiemus InfracomOPTIEMUS6,07583.67.862.5+20.9%+10.6%10.1%6.7%0.00%
Orient Cables (India)ORIENTCABL3,884–––––––0.00%
Valiant Communications logoValiant CommunicationsVALIANT1,61059.116.744.7+65.7%+143.0%34.5%32.2%0.11%
ADC India Communications logoADC India CommunicationsADCINDIA91540.610.633.4+19.0%+0.3%28.8%29.0%1.26%
Birla Cable logoBirla CableBIRLACABLE84618.33.011.5+28.1%+656.8%17.3%16.8%0.44%
Frog Innovations logoFrog InnovationsFROG361–2.3–−51.7%−106.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

ITI share price by year

Each calendar year to 2025.ITI share price history

YearClose at year endChangeHighest closeLowest close
2025309.85−20.0%544.35234.04
2024387.15+27.1%389.90211.55
2023304.55+194.0%316.7587.10
2022103.60−12.0%124.6081.45
2021117.75−7.0%136.60102.80
2020126.55+36.8%145.1048.20
201992.50−1.4%111.8060.20
201893.80−31.8%144.8070.30
2017137.50+205.9%159.7541.55
201644.95+46.9%52.8023.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026225.15225.34213.61215.38216.903,13,46847.1%
22 Oct 2026230.90232.10225.35227.27228.711,77,84638.7%
21 Oct 2026238.01240.66230.55232.83234.031,50,40041.4%
19 Oct 2026243.41243.97236.51238.01239.181,34,63947.8%
16 Oct 2026242.63246.53240.99243.47244.161,50,64326.9%
15 Oct 2026243.00245.34241.50242.63243.2192,29733.9%
14 Oct 2026244.51246.99242.95244.04244.781,00,43437.1%
13 Oct 2026238.74246.00238.74245.14243.062,00,52826.4%
12 Oct 2026240.15244.87239.01240.26241.5096,74538.5%
9 Oct 2026238.20241.85236.53240.13239.351,20,58827.4%
Prices in ₹ per share as traded, not adjusted.

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. A newer annual report was filed on 13 Oct 2026.

Legal name
ITI Limited
NSE symbol
ITI
BSE code
523610
ISIN
INE248A01017
Industry
Telecom - Equipment & Accessories
Listed
Dec 1986 on BSE, Sep 2003 on NSE
Face value
₹10
CIN
L32202KA1950GOI000640
Corporate identity number, the registrar of companies' code for it