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ITC Ltd Annual report FY 2019-20 takeaways
Company overview :
ITC ltd is an Indian Conglomerate company headquartered in Kolkata, West Bengal. It has diversified presence in FMCG, Hotels, Paperboards & Specialty papers, Packaging, agriculture business
Company overview :
ITC ltd is an Indian Conglomerate company headquartered in Kolkata, West Bengal. It has diversified presence in FMCG, Hotels, Paperboards & Specialty papers, Packaging, agriculture business
Value creation :
Agriculture - Multiplying farmers' income
Manufacturing - State of the art facilities contributing to Make in India
Services - Iconic Luxury hotel properties
Agriculture - Multiplying farmers' incomeManufacturing - State of the art facilities contributing to Make in IndiaServices - Iconic Luxury hotel properties
Triple Bottom line performance :
Gross sales value - 76097 crores
Among the top 3 contributors to Exchequer in the private sector of India
Free cash flow - 11693 crores
FMCG products reach - 140 million households in India
Gross sales value - 76097 croresAmong the top 3 contributors to Exchequer in the private sector of IndiaFree cash flow - 11693 croresFMCG products reach - 140 million households in India
Businesses snapshots :
FMCG -Others :
25 Mother brands
Annual consumer spend - 19700 crores
25 Mother brandsAnnual consumer spend - 19700 crores
Fighting COVID-19 :
Company set up a 215 crores COVID Contingency fund
ITC Store on wheels
WeAssure programme at ITC hotels
Company set up a 215 crores COVID Contingency fundITC Store on wheelsWeAssure programme at ITC hotels
New launches :
Life Sciences & technology Centre :
Science led product innovation
Highest standards in quality, safety, efficacy
350 highly qualified scientists
900 patents filed
R&D expenditure - 155 crores
R&D expenditure as % of gross revenue - 0.34%
Science led product innovationHighest standards in quality, safety, efficacy350 highly qualified scientists900 patents filedR&D expenditure - 155 croresR&D expenditure as % of gross revenue - 0.34%
Shareholding :
Top five shareholders include
Tobacco manufacturers (India) ltd
Life insurance corporation of India
Specified Undertaking Unit Trust of India
Myddleton Investment company ltd
General insurance corporation of India
Top five shareholders include
Tobacco manufacturers (India) ltdLife insurance corporation of IndiaSpecified Undertaking Unit Trust of IndiaMyddleton Investment company ltdGeneral insurance corporation of India
e-Choupal 4.0 :
Crop advisory
Crop Monitoring
Farmer Forums
Marketplace for Agi inputs
Crop advisoryCrop MonitoringFarmer ForumsMarketplace for Agi inputs
Dividends :
Dividend declared - 10.15/share
Dividend payout - 80% to 85% of profitas after tax of the company
Dividend declared - 10.15/shareDividend payout - 80% to 85% of profitas after tax of the company
Remuneration :
Average remuneration of employees increased by 12%
Remuneration paid to KMP increased by 14%
Remuneration paid to directors is within the specified limit as per the Act
Average remuneration of employees increased by 12%Remuneration paid to KMP increased by 14%Remuneration paid to directors is within the specified limit as per the Act
Subsidiaries/Joint ventures :
Net assets more than 1% of consolidated net assets - Russell credit ltd, Welcomhotels Lanka Pvt ltd
Net profits more than 1% of consolidated net profits - ITC Infotech India Ltd, Surya nepal pvt ltd
Net assets more than 1% of consolidated net assets - Russell credit ltd, Welcomhotels Lanka Pvt ltdNet profits more than 1% of consolidated net profits - ITC Infotech India Ltd, Surya nepal pvt ltd
Related party transactions :
Key ratios :
Segmental reporting :
Financial statements :
Contingent liabilities - 766 crores
Commitments - 2984 crores
Goodwill - 202 crores
Auditor expenses - 5.86 crores
Advertising expenses - 1000 crores
Cash + Investments - 25225 crores
Contingent liabilities - 766 croresCommitments - 2984 croresGoodwill - 202 croresAuditor expenses - 5.86 croresAdvertising expenses - 1000 croresCash + Investments - 25225 crores
Financial highlights :
Other info :
Corporate social responsibility expenditure - 326 crores
ESOP issued and allotted during the year - 3.36 crores
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Note : Management discussion & analysis not covered
Source : Company Annual report
Corporate social responsibility expenditure - 326 croresESOP issued and allotted during the year - 3.36 croresLike & retweet if u find the thread value added
Note : Management discussion & analysis not covered
Source : Company Annual report
