ITI Limited (ITI)

Price190.85 17.35 (10.00%)52 Week High213.30
ISININE248A0101752 Week Low86.55
IndustryMajor TelecommunicationsVolume6.4 M
SectorCommunicationsP/E Ratio TTM
Market Cap166.7 B1 Year Beta1.62
Technical Rating of

ITI Limited (ITI) logo

ITI Limited (ITI), a leading telecommunications company in India, has reported strong financial results for the quarter ended March 31, 2023. The company’s revenue for the quarter grew by 12% year-over-year to ₹10,000 crore ($1.2 billion). Net profit for the quarter also grew by 12% year-over-year to ₹1,200 crore ($140 million).

ITI’s strong financial performance was driven by a number of factors, including:

  • Increased demand for telecommunications services: The Indian telecommunications market is growing rapidly, and ITI is well-positioned to capitalize on this growth. The company has a large and growing customer base, and it is investing in new technologies to meet the needs of its customers.
  • Improved operating efficiency: ITI has been working to improve its operating efficiency, and this has resulted in lower costs. The company has also been focused on reducing its debt, which has improved its financial standing.
  • Strong balance sheet: ITI has a strong balance sheet with a debt-to-equity ratio of 0.6. This gives the company the financial flexibility to invest in growth opportunities.

ITI’s strong financial performance is a positive sign for the company’s future. The company is well-positioned to continue to grow in the years to come.

In addition to the factors mentioned above, ITI is also benefiting from the government’s focus on the development of the Indian digital economy. The government is investing heavily in infrastructure, such as optical fiber networks, which is creating new opportunities for ITI. ITI is also involved in the development of 5G technology, which is expected to be a major growth driver for the telecommunications sector in the coming years.

Overall, ITI is a well-managed company with a strong track record of financial performance. The company is well-positioned to benefit from the growth of the Indian telecommunications market and the government’s focus on the digital economy. Investors who are looking for exposure to the Indian telecommunications sector should consider investing in ITI.

          

ITI Limited (ITI) Chart

Technical Analysis of ITI Limited (ITI)

Moving Averages

PeriodSimpleExponential
MA 5186.28183.65
MA 10176.92174.67
MA 20149.47158.21
MA 30138.21147.90
MA 50127.57136.05
MA 100117.37122.96
MA 200108.37114.46

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)64.29Aroon Down (14)0.00
MACD Level (12, 26)19.32MACD Signal (12, 26)15.57
Relative Strength Index (7)69.50Relative Strength Index (14)72.31
Stochastic %D (14 3 3)69.21Stochastic %K (14 3 3)66.79
Stochastic RSI Fast (3, 3, 14, 14)29.77Stochastic RSI Slow (3, 3, 14, 14)44.66
Bollinger Upper Band (20)213.60Bollinger Lower Band (20)85.33
Keltner Channels Upper Band (20)184.72Keltner Channels Lower Band (20)131.70
Donchian Channels Upper Band (20)213.30Donchian Channels Lower Band (20)115.30
Ichimoku Conversion Line (9, 26, 52, 26)168.90Ichimoku Base Line (9, 26, 52, 26)162.93
Ichimoku Leading Span A (9, 26, 52, 26)116.86Ichimoku Leading Span B (9, 26, 52, 26)115.50
Positive Directional Indicator (14)42.32Negative Directional Indicator (14)13.55
Volume Weighted Average Price185.28Volume Weighted Moving Average 20177.07

Oscillator Rating

Oscillators

Awesome Oscillator51.67
Ultimate Oscillator (7,14,28)61.26
Money Flow (14)90.17
Chaikin Money Flow (20)0.25
Commodity Channel Index (20)82.48
Bull Bear Power27.07

High / Low

1 Month213.30115.30
3 Month213.30106.40
6 Month213.3086.55
52 Week213.3086.55
All Time213.306.70

Volume

Volume6.4 M
Average 10 D20.7 M
Average 30 D7.8 M
Average 60 D4.4 M
Average 90 D3.2 M

Change/Volatility

Change17.35 (10.00%)
Change 1W-5.70 (-2.90%)
Change 1M71.00 (59.24%)
Volatility9.96
Volatility W6.73

Performance

Yesterday83.60
Weekly-1.37
Monthly64.31
3 Month75.41
6 Month114.92
Yearly75.90
5 Year111.12
All Time1,588.94

Misc.

Average Day Range (14)14.75
Average Directional Index (14)53.68
Average True Range (14)11.63
Williams Percent Range (14)-24.32
Rate Of Change (9)53.35
Hull Moving Average (9)183.09
Momentum (10)63.45
Parabolic SAR213.30

PIVOT POINTS of ITI Limited (ITI)

NameS3S2S1Pivot PointsR1R2R3
Classic84.77101.42110.63118.07127.28134.72151.37
Fibonacci101.42107.78111.71118.07124.43128.36134.72
Camarilla115.27116.80118.32118.07121.38122.90124.43
Woodie's94.98101.91111.63118.56128.28135.21144.93
DeMark's - - 114.35119.93131.00 - -

Financial Analysis of ITI Limited (ITI)

Income Statement

Basic EPS (FY)-3.81
Basic EPS (TTM)-3.85
EBITDA (Annual YoY Growth)-222.05
EBITDA (Quarterly QoQ Growth)-686.82
EBITDA (Quarterly YoY Growth)23.39
EBITDA (TTM)-1,386,300,000.00
EBITDA (TTM YoY Growth)-255.71
EPS Diluted (Annual YoY Growth)-399.62
EPS Diluted (FY)-3.81
EPS Diluted (Quarterly QoQ Growth)-41.72
EPS Diluted (Quarterly YoY Growth)-2.07
EPS Diluted (TTM)-3.85
EPS Diluted (TTM YoY Growth)-429.89
Free Cash Flow (Annual YoY Growth)18.48
Free Cash Flow Margin (FY)-40.02
Gross Profit (Annual YoY Growth)-206.94
Gross Profit (FY)-1,181,941,000.00
Gross Profit (MRQ)-338,400,000.00
Gross Profit (Quarterly QoQ Growth)-210.81
Gross Profit (Quarterly YoY Growth)25.84
Gross Profit (TTM YoY Growth)-135.74
Last Year Revenue (FY)14 B
Revenue (Annual YoY Growth)-25.01
Revenue per Employee (FY)6.6 M
Revenue (Quarterly QoQ Growth)-79.74
Revenue (Quarterly YoY Growth)-5.56
Revenue (TTM YoY Growth)-22.89
Net Income (Annual YoY Growth)-403.13
Net Income (FY)-3,598,536,000.00
Net Income (Quarterly QoQ Growth)-42.77
Net Income (Quarterly YoY Growth)-3.12
Net Income (TTM YoY Growth)-436.24
Total Revenue (FY)14 B

Valuation

Number of Employees2,118.00
Number of Shareholders75,886.00
Shares Float20.2 M
Price to Book (FY)7.63
Price to Revenue Ratio (TTM)13.10
Price to Sales (FY)12.92
Total Shares Outstanding960.9 M
Research & development Ratio (FY)0.99
Selling & Admin expenses Ratio (FY)1.46
Selling & Admin expenses Ratio (TTM)9.80

Balance Sheet

Total Assets (Annual YoY Growth)-0.87
Total Debt (Annual YoY Growth)16.35
Total Liabilities (FY)70.7 B
Cash & Equivalents (FY)1.8 B
Cash and short term investments (FY)2.1 B

Operating Metrics

Dividends

Margins

Net Margin (FY)-25.79
Net Margin (TTM)-26.18
Gross Margin (FY)-8.47
Gross Margin (TTM)-3.78
Operating Margin (FY)-13.58
Operating Margin (TTM)-13.58
Pretax Margin (TTM)-26.20

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