Itc

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Yash Surana

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CONTENTS

ITC AT-A-GLANCE HISTORY BUSINESSES BOARD OF DIRECTORS SHAREHOLDING PATTERN OPERATING RESULTS e-Choupal

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ITC AT-A-GLANCE ITC is one of India's foremost private sector companies with a market capitalisation of

nearly US $ 9 billion and a turnover of US $ 3 billion.

Rated among the World's Leading Companies by Forbes magazine, ITC ranks third in pre-tax profit among India's private sector corporations.

ITC has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business, Branded Apparel, Packaged Foods & Confectionery, Greeting Cards and other FMCG products

ITC's diversified status originates from its corporate strategy aimed at creating multiple drivers of growth anchored on its time-tested core competencies: unmatched distribution reach, superior brand-building capabilities, effective supply chain management and acknowledged service skills in hoteliering.

ITC's FMCG businesses have one of the largest retail networks in the country, consisting of over 2 million retailers. ITC employs over 20,000 people at more than 60 locations across India

ITC has powerful brands like Wills, John Players, Hotel Grand Maratha, Sunfeast.

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HISTORY 1910 ITC was incorporated under the name of 'Imperial

Tobacco Company of India Limited‘

1925 ITC's Packaging & Printing Business Division was set up

1975 ITC launched its Hotels business

1979 ITC entered the Paperboards business

1985 ITC set up Surya Tobacco Co. in Nepal

1990 ITC set up the International Business Division (IBD)

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HISTORY 2000 ITC’s e-Choupal initiative began

2000 ITC also entered the Lifestyle Retailing business

2000 ITC Infotech India Limited was set up

2001 Name changed to ITC Limited

2001 ITC made its entry into the branded & packaged Foods business

2002 Safety Matches initiative

2003 ITC's foray into the marketing of Agarbattis

2005  ITC has acquired Wimco Ltd

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BUSINESSES Cigarettes:

ITC is the market leader in cigarettes in India Highly popular portfolio of brands includes India Kings, Gold

Flake, Navy Cut, Scissors, Capstan, Berkeley and Bristol. ITC's share of filter cigarettes in the country is more than

70%. ITC's cigarettes are produced in its state-of-the-art factories

at Bangalore, Munger, Saharanpur and Kolkata.

Foods:The Foods business is today represented in 4 categories in the market. These along with popular brands are:

Ready To Eat Foods : Aashirvaad ReadyMeals Staples : Aashirvaad Atta, Aashirvaad

Salt Confectionery : "Mint-O" and "Candyman" . Snack Foods : Sunfeast

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BUSINESSES Lifestyle and retailing:

Nationwide retailing presence Wills Lifestyle chain John Players range of men's apparel The brand is available across the country through 23

exclusive stores and 2500 multi-brand outlets

Greeting, gifting and Stationary: Second largest player in India's greeting cards

industry ‘Expressions’ range of Greeting Cards Available through 12000 multi brand outlets in over

700 cities nationally.

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BUSINESSES Safety Matches:

Brands like iKno, Mangal Deep, VaxLit, Delite and Aim. ITC has recently acquired Wimco Ltd, a unit of global major Swedish

Match AB(popular brand is Ship) ITC’s market share in the match stick industry now stands at 25%.

Agri Exports: ITC's International Business Division (IBD) is the country's second largest

exporter of agri-products ITC's unique strength in this business is the extensive backward linkages

it has established with the farmers.

Leaf Tobacco: It is the largest buyer, processor and exporter of cigarette tobaccos in

India. ITC processes and delivers 100 million kgs of high quality tobaccos per

annum. It has been India’s single largest integrated source of quality tobaccos

for customers in 37 countries for last 6 decades.

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BOARD OF DIRECTORS Chairman Yogesh Chander Deveshwar Executive Director Sahibzada Syed Habib ur

Rehman Anup Singh  Krishnamoorthy

Vaidyanath Non Executive Director Charles Richard Green

Yesh Pall Gupta   Ajeet Prasad  

P B Ramanujam   Basudeb Sen  

Ram S Tarneja   Balakrishnan Vijayaraghavan

Company Secretary Bishwa Behari Chatterjee Addtnl Non-Executive J P Daly

Director

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SHAREHOLDING PATTERN

53%34%

1%12% Foreign Holdings

Govt. / FinancialInstitutions

Corporate Bodies

Other includingIndian Public

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OPERATING RESULTS

2000 2001 2002 2003 2004

GROSS INCOME 8069 8827 9982 111941204

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Excise Duties etc. 4134 4475 4781 5159 5345

Net Income 3935 4353 5202 6035 6695

Cost of Sales 2475 2516 3156 3712 4110

PBDIT 1460 1836 2046 2323 2585

PBDT 1347 1740 1979 2294 2561

Depreciation 119 140 198 237 242

PBIT 1342 1696 1847 2086 2344

Interest 113 96 67 30 25

PROFIT BEFORE TAX 1229 1600 1780 2056 2319

Tax 437 594 591 685 726

PROFIT AFTER TAX 792 1006 1190 1371 1593

Dividends 225 270 334 419 559

Foreign Exchange Earnings 688 697 948 1294 1078All figures in Rs. Crores

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Revenue Mix FY 04 (%)

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e-Choupal The Value Chain - Farm to Factory Gate

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e-Choupal ITC’s IBD has conceived e-Choupal as a more

efficient supply chain Specifically designed to tackle the challenges

posed by the unique features of Indian agriculture Process in detail e-Choupal services reach out to

3.5 million farmers 31000 villages

There are 5200 internet kiosks across 6 states. On the anvil are plans to channelise services

related to micro-credit, insurance, health and education through the same ‘e-Choupal’ infrastructure

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