ITI Ltd.
NSE: ITIITI Ltd.: A 30-second snapshot
ITI Limited, a government-owned telecom equipment manufacturer, trades at ₹291.30 with a quality score of 29/100, the lowest in its Telecom peer group. Profit margins are negative (-5.68%), five-year revenue has contracted 50.3%, and the debt-to-equity ratio stands at 87.14. Despite these pressures, the stock gained 13.77% over the past 12 months and currently sits just below its 200-DMA of ₹299.08.
P/E
—
Forward P/E
—
ROE
—
Debt / Equity
87.14
Profit Margin
-5.7%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
31/100
News
8 headlines · 1 positive · 4 negative
ITI Ltd CFO Resigns, Highlighting Company Struggles - Whalesbook
Whalesbook
ITI Limited Announces Resignation of Prasad Barre as Chief Financial Officer, Effective April 30, 2026 - marketscreener.com
marketscreener.com
Arun Agarwal Ceases as Government Nominee Director of ITI Limited After DoT Relieves Him - PSU Connect
PSU Connect
ITI Limited Announces Cessation of Government Nominee Director Shri Arun Agarwal - scanx.trade
scanx.trade
BCECEB Bihar ITI CAT 2026 registration ends today: Check key dates and direct link to apply - The Times of India
The Times of India
Recent context
- ·CFO Prasad Barre resigned effective April 30, 2026; separately, government nominee director Arun Agarwal was relieved by DoT — both events were reported in the same news cycle and constitute simultaneous leadership disruption at the CFO and board levels.
- ·Four of eight recent headlines carry negative sentiment, with no positive coverage to offset the leadership exit news and no analyst rating data available to gauge institutional response.
- ·The stock closed at ₹291.30 on May 16, 2026, sitting between near-term support at ₹289.30 and resistance at ₹297.70, with the 200-DMA of ₹299.08 acting as the next significant level above current price.
Strengths
- +Price is above the 50-DMA of ₹277.96, and RSI of 50.09 is in the neutral zone, reflecting neither extended momentum nor oversold technical pressure.
- +Identified technical support levels at ₹289.30, ₹271, and ₹240 provide visible reference points below the current price of ₹291.30.
- +The stock gained 13.77% over the past 12 months even as fundamental metrics remained under pressure — indicating the market has assigned some value beyond trailing financials.
- +As a government-owned PSU, ITI operates in the defence and telecom equipment space, where order-book visibility from government contracts can differ materially from trailing revenue trends.
Weaknesses
- −Profit margin of -5.68% and only 1 of 5 years with positive free cash flow signal a persistent inability to convert revenue into earnings or cash.
- −Debt-to-equity of 87.14 is among the highest observable in the non-financial sector; five-year revenue decline of 50.3% compounds the debt-serviceability risk.
- −CFO Prasad Barre resigned effective April 30, 2026, and government nominee director Arun Agarwal was simultaneously relieved by DoT — two senior leadership exits within a short window contribute to governance uncertainty.
- −Quality score of 29/100 places ITI last (5th of 6) among Telecom sector peers, with all peers reporting measurable positive ROE while ITI reports zero years above 15%.
Open questions
- ?What is the nature and timeline of ITI's government order pipeline, and how does it translate into forward revenue given the 50.3% five-year revenue decline in the historical data?
- ?Does the debt-to-equity ratio of 87.14 reflect government-backed financing structures typical of PSUs, or does it represent obligations that require commercial cash-flow servicing?
- ?What prompted the simultaneous departure of the CFO and a government nominee director, and has the company disclosed a succession plan or any strategic review?
- ?How does ITI's role in domestic defence and telecom manufacturing under government initiatives factor into a long-term assessment, versus the trailing fundamentals visible in this dataset?
Peer comparison: Telecom
Ranks 5 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ITI | ITI Ltd.You're viewing | — | — | 29 |
| Industry avg | across 5 peers | 37.4 | +24.8% | 38 |
| INDUSTOWER | Indus Towers Ltd. | 15.9 | +19.8% | 64 |
| BHARTIHEXA | Bharti Hexacom Ltd. | 45.0 | +28.8% | 50 |
| IDEA | Vodafone Idea Ltd. | — | — | 40 |
| BHARTIARTL | Bharti Airtel Ltd. | 42.9 | +19.4% | 32 |
| TATACOMM | Tata Communications Ltd. | 45.9 | +31.1% | 5 |
Technical state
Current price
₹291.30
SMA 50
₹277.96
SMA 200
₹299.08
RSI (14)
50.1 (neutral)
From 52w high
-21.9%
1Y return
+13.8%
3M return
-1.6%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highProfit margin of -5.68%, zero ROE years above 15%, and only 1 of 5 years with positive FCF indicate a company that has not generated sustainable earnings or free cash flow over the measured period.
- highDebt-to-equity ratio of 87.14 is extreme; non-financial sector median is typically below 1.0. Combined with a 50.3% five-year revenue decline and a consistency score of 30/100, this raises material solvency concerns.
- highCFO Prasad Barre resigned effective April 30, 2026, and government nominee director Arun Agarwal was simultaneously relieved by DoT — two senior leadership exits in a short window. Four of eight recent headlines carry negative sentiment.
- mediumQuality score of 29/100 ranks ITI last (5th of 6) among Telecom peers. All ranked peers with available ROE (BHARTIARTL 19.36%, INDUSTOWER 19.81%, TATACOMM 31.13%, BHARTIHEXA 28.81%) outperform ITI, which reports no positive ROE years in the dataset.
- mediumPrice of ₹291.30 is 2.6% below the 200-DMA of ₹299.08, sustaining a long-term downtrend signal, and remains 21.87% below the 52-week high. The stock has recovered above the 50-DMA (₹277.96) but has not reclaimed the 200-DMA.
Cross-section contradictions
- Revenue declined 50.3% over five years and profit margin is negative at -5.68%, yet the stock gained 13.77% over the past 12 months — the recent positive price action is not explained by the fundamental data visible in this dataset.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 16 May 2026 · rotates through NIFTY 500 every ~5 days