ITI Ltd (ITI) Share Price & Fundamentals

What we do

ITI Limited is India's pioneering electronics manufacturer providing telecom infrastructure, defense electronics, and ICT solutions, including 4G radio equipment and security systems.

Founded in

1,950

Market share

Leading player in Indian telecom and defense electronics sectors with significant government projects like BharatNet and ASCON.

Problem solved

Enables secure communication infrastructure and telecom equipment development to support India's digital connectivity and defense needs.

Top clients or who we serve

Serves Indian Armed Forces, BSNL, MTNL, government bodies, telecom operators, and public sector enterprises; primarily B2G and B2B.

Key management

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Our journey and innovations

Established in 1950 as India's first PSU; pioneered digital switching, encryption systems, and advanced telecom products; ongoing collaborations with global tech leaders.

Where we operate

Operates pan-India with manufacturing units and R&D centers; serving major Indian government projects and defense networks.

Top products or what we offer

Manufactures 4G RAN equipment, optical fiber cable, encryption and defense electronics, solar panels, laptops, smart cards, and provides data center and managed services.

Top brands

ITI Smaash PCs and Laptops - certified and gaining market traction; ASCON defense communication systems; BharatNet infrastructure products; 4G RAN under Make-in-India.

Raw materials needed

Optical fibers, electronic components, HDPE for ducts, solar cells, semiconductor parts, and raw materials for telecom equipment manufacturing.

Raw materials supplier

Sourced from approved domestic and international vendors complying with quality and government procurement guidelines.

Recurring vs cyclical contribution

Revenue mix includes recurring AMC and maintenance contracts with large government clients and cyclical project-based deliveries.

Our industry position

Market leader in Indian PSU telecom manufacturing with strong government ties, holding significant contracts in defense and public sector telecom.

Financial highlights

FY2024-25 revenue Rs 4323 Cr; consolidated revenue Rs 3616 Cr; PAT loss reduced to Rs -215 Cr from prior losses; ongoing financial turnaround supported by government revival funds.

Geographical revenue split

Revenue predominantly from Indian government and public sector projects across all key states; no significant export revenue.

Order book

Robust order book of approx Rs 16,180 Cr including BharatNet Phase-III and BSNL 4G rollout projects.

Whats driving growth

Government digital initiatives, 4G network expansion, defense communication upgrades, solar and ICT product diversification, and localization policies under Make in India.

Our future plans

Expand 4G/5G manufacturing capacity, implement BharatNet Phase-III, develop solar module production, enhance R&D in encryption and IoT, grow data center and cybersecurity services.

Our green promise

Focus on renewable energy through solar panel manufacturing and solar street light projects, along with sustainable manufacturing practices.

Our people and values

1368 employees emphasizing skill development, diversity, training and inclusion with strong employee engagement and industrial harmony.

Key challenges ahead

Overcoming legacy losses, enhancing competitiveness in private market, timely project execution, and technology upgrades amidst global supply chain challenges.

Interesting facts

India's first PSU in telecom; developed indigenous encryption for defense; manufacturing for ISRO's space missions; among top suppliers for BSNL's network expansion.

Risks and strategy

Risk mitigation through government support, continuous R&D, diversification in products, strategic partnerships, and adherence to quality and compliance standards.