About Iti Limited
Data last updated:
Iti Limited is a public limited union government company based in Bangalore, Karnataka, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 25 January 1950 and has been in existence for over 76 years.
Iti is part of the Nifty 500 index.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L32202KA1950GOI000640. Its GSTIN is 29AAACI4625C1ZV (Karnataka). The company holds 61 GST registrations, of which 44 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523610 and NSE: ITI.
The company has an authorised share capital of ₹3,500 Cr and a paid-up capital of ₹962.85 Cr. It was formerly known as Indian Telephone Industries Pvt Ltd and Indian Telephone Industries Ltd. It is led by directors including Rajesh Rai (Managing Director) and Gopinath Sahu.
Its last annual general meeting (AGM) was held on 11 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Iti Bhavan Doorvaninagar Bangalore, Karnataka, India – 560016.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,183.72 Cr, a decline of 39.6% compared to the previous year. For the same year it recorded a net loss of ₹156.32 Cr (net margin -7.2%) and EBITDA of ₹43.62 Cr (EBITDA margin 2%). The net worth stands at ₹1,905.63 Cr (up 17.3% YoY). Total assets are valued at ₹2,849.95 Cr (down 14.6% YoY).
The company has about 1,266 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: REIT India and ITI Limited. As per MCA filings, the company has open charges of ₹7,934.69 Cr and satisfied charges of ₹3,846.84 Cr on record. Court records list 4,119 cases involving the company, including 468 filed by the company and 3,655 filed against it; 184 cases are pending. The company has 104 deals on record (104 market trades); the latest was in October 2025. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 891 overdue payments to 210 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itiltd.in.
Company details
Name history
Iti has undergone 2 name changes throughout its history. The company was previously known as Indian Telephone Industries Pvt Ltd, and Indian Telephone Industries Ltd. The current legal name is Iti Limited.
| Company Name | Status |
|---|---|
| Iti Limited | Current |
| Indian Telephone Industries Pvt Ltd | Previous |
| Indian Telephone Industries Ltd | Previous |
CIN history
Iti has one previous CIN (Corporate Identification Number): U32202KA1950PTC000640. The current CIN is L32202KA1950GOI000640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L32202KA1950GOI000640 | Current |
| U32202KA1950PTC000640 | Previous |
Recognitions & Rankings of Iti
Contact details
Iti Limited's registered office is in Bangalore, Karnataka. Its website is itiltd.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIti Bhavan Doorvaninagar Bangalore, Karnataka, India – 560016
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Iti Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Iti operates two associated brands: REIT India and ITI Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers security products and services for homes, businesses, and vehicles in India. | reitindia.org | |
| Manufacturing services for information and communication technology products are provided. | itiltd.in |
Business activity
The main business activity of Iti is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Iti Limited, buy the company report.
Financials of Iti Limited
FY 2025-26 filings availableIti Limited reported revenue of ₹2,183.72 Cr (down 39.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,184 | 3,616 | 1,264 | 1,395 | 1,861 | 2,362 | 2,059 |
| Revenue growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| EBITDA | 43.62 | (146) | (320) | (154) | 107 | 49.55 | 144 |
| EBITDA margin | +2.0% | -4.0% | -25.3% | -11.0% | +5.8% | +2.1% | +7.0% |
| Profit before tax | 293 | (215) | (569) | (360) | 120 | 9.48 | 146 |
| Net profit | (156) | (250) | (568) | (361) | 120 | 9.48 | 145 |
| Net profit margin | -7.2% | -6.9% | -44.9% | -25.9% | +6.4% | +0.4% | +7.1% |
| EPS (₹) | 3.04 | (2.24) | (5.92) | (3.79) | 1.28 | 0.10 | 1.58 |
| Balance sheet | |||||||
| Total assets | 2,850 | 3,336 | 3,852 | 4,598 | 4,396 | 4,083 | 3,858 |
| Net worth | 1,906 | 1,625 | 1,784 | 2,374 | 2,620 | 2,444 | 2,320 |
| Total debt | 765 | 1,481 | 1,801 | 1,877 | 1,613 | 1,465 | 1,216 |
| Cash & bank | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Net working capital | 264 | 366 | 786 | 1,475 | 1,244 | 823 | 579 |
| Cash flow | |||||||
| Cash from operations | (33.37) | (135) | 974 | (294) | (432) | 94.07 | (199) |
| Cash from investing | 842 | 651 | (543) | 46.21 | 178 | (304) | (73.11) |
| Cash from financing | (933) | (485) | (322) | 241 | 241 | 198 | 285 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 425 | 628 | 515 | 543 | 498 | 1,046 | 1,035 | 1,016 |
| Revenue growth (YoY) | -14.7% | -40.0% | -50.3% | -46.5% | -4.2% | - | - | - |
| Other income | 8.59 | 472 | 12.57 | 14.82 | 13.04 | 98.21 | 38.40 | 14.67 |
| EBITDA | 1.66 | 26.81 | 20.75 | (3.04) | (11.23) | (28.18) | (10.51) | (9.71) |
| EBITDA margin | +0.4% | +4.3% | +4.0% | -0.6% | -2.3% | -2.7% | -1.0% | -1.0% |
| Depreciation | 12.52 | 17.75 | 11.01 | 13.15 | 14.55 | 28.92 | 12.67 | 13.73 |
| Interest | 29.98 | 45.43 | 47.64 | 52.99 | 50.87 | 45.49 | 64.10 | 61.56 |
| Profit before tax | (32.25) | 436 | (25.33) | (54.36) | (63.61) | (4.38) | (48.88) | (70.33) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (32.25) | 436 | (25.33) | (54.36) | (63.61) | (4.38) | (48.88) | (70.33) |
| EPS (₹) | (0.33) | 3.90 | (0.26) | (0.57) | (0.66) | (0.05) | (0.51) | (0.73) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,184 | 3,616 | 1,264 | 1,395 | 1,861 | 2,362 | 2,059 |
| Revenue growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| EBITDA | 43.62 | (146) | (320) | (154) | 109 | 51.27 | 146 |
| EBITDA margin | +2.0% | -4.0% | -25.3% | -11.0% | +5.8% | +2.2% | +7.1% |
| Profit before tax | 293 | (233) | (569) | (360) | 121 | 11.20 | 147 |
| Net profit | (156) | (268) | (568) | (361) | 121 | 11.20 | 147 |
| Net profit margin | -7.2% | -7.4% | -44.9% | -25.9% | +6.5% | +0.5% | +7.1% |
| EPS (₹) | 3.04 | (2.43) | (5.92) | (3.79) | 1.30 | 0.12 | 1.59 |
| Balance sheet | |||||||
| Total assets | 2,796 | 3,283 | 3,817 | 4,563 | 4,361 | 4,047 | 3,821 |
| Net worth | 1,852 | 1,571 | 1,750 | 2,340 | 2,586 | 2,408 | 2,283 |
| Total debt | 765 | 1,481 | 1,801 | 1,877 | 1,613 | 1,465 | 1,216 |
| Cash & bank | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Net working capital | 263 | 366 | 786 | 1,475 | 1,244 | 823 | 579 |
| Cash flow | |||||||
| Cash from operations | (33.41) | (154) | 974 | (294) | (430) | 95.80 | (197) |
| Cash from investing | 842 | 669 | (543) | 46.45 | 177 | (306) | (74.88) |
| Cash from financing | (933) | (485) | (322) | 241 | 241 | 198 | 285 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 425 | 628 | 515 | 543 | 498 | 1,046 | 1,035 | 1,016 |
| Revenue growth (YoY) | -14.7% | -40.0% | -50.3% | -46.5% | -4.2% | - | - | - |
| Other income | 8.37 | 472 | 12.31 | 14.82 | 13.04 | 97.75 | 20.16 | 14.67 |
| Total expenses | 423 | 601 | 494 | 546 | 509 | 1,074 | 1,045 | 1,026 |
| EBITDA | 1.66 | 26.81 | 20.76 | (2.92) | (10.94) | (28.18) | (10.51) | (9.49) |
| EBITDA margin | +0.4% | +4.3% | +4.0% | -0.5% | -2.2% | -2.7% | -1.0% | -0.9% |
| Depreciation | 12.52 | 17.75 | 11.01 | 13.15 | 14.55 | 28.92 | 12.67 | 13.73 |
| Interest | 29.98 | 45.43 | 47.64 | 52.99 | 50.87 | 45.49 | 64.10 | 61.56 |
| Profit before tax | (32.47) | 436 | (25.58) | (54.24) | (63.32) | (4.84) | (67.12) | (70.11) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 425 | 628 | 515 | 543 | 498 | 1,046 | 1,035 | 1,016 |
| Revenue growth (YoY) | -14.7% | -40.0% | -50.3% | -46.5% | -4.2% | - | - | - |
| Other income | 8.59 | 472 | 12.57 | 14.82 | 13.04 | 98.21 | 38.40 | 14.67 |
| EBITDA | 1.66 | 26.81 | 20.75 | (3.04) | (11.23) | (28.18) | (10.51) | (9.71) |
| EBITDA margin | +0.4% | +4.3% | +4.0% | -0.6% | -2.3% | -2.7% | -1.0% | -1.0% |
| Depreciation | 12.52 | 17.75 | 11.01 | 13.15 | 14.55 | 28.92 | 12.67 | 13.73 |
| Interest | 29.98 | 45.43 | 47.64 | 52.99 | 50.87 | 45.49 | 64.10 | 61.56 |
| Profit before tax | (32.25) | 436 | (25.33) | (54.36) | (63.61) | (4.38) | (48.88) | (70.33) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (32.25) | 436 | (25.33) | (54.36) | (63.61) | (4.38) | (48.88) | (70.33) |
| EPS (₹) | (0.33) | 3.90 | (0.26) | (0.57) | (0.66) | (0.05) | (0.51) | (0.73) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,184 | 3,616 | 1,264 | 1,395 | 1,861 | 2,362 | 2,059 |
| Revenue growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| Other income | 503 | 225 | 44.64 | 52.79 | 255 | 161 | 184 |
| Total expenses | 2,140 | 3,763 | 1,583 | 1,549 | 1,753 | 2,313 | 1,915 |
| Employee cost | 0.00 | 192 | 232 | 229 | 222 | 290 | 231 |
| EBITDA | 43.62 | (146) | (320) | (154) | 107 | 49.55 | 144 |
| EBITDA margin | +2.0% | -4.0% | -25.3% | -11.0% | +5.8% | +2.1% | +7.0% |
| Depreciation | 56.45 | 69.20 | 53.12 | 49.50 | 50.03 | 41.85 | 41.89 |
| Interest | 197 | 224 | 241 | 210 | 192 | 160 | 141 |
| Profit before tax | 293 | (215) | (569) | (360) | 120 | 9.48 | 146 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (156) | (250) | (568) | (361) | 120 | 9.48 | 145 |
| Net profit margin | -7.2% | -6.9% | -44.9% | -25.9% | +6.4% | +0.4% | +7.1% |
| EPS (₹) | 3.04 | (2.24) | (5.92) | (3.79) | 1.28 | 0.10 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 963 | 961 | 961 | 950 | 934 | 934 | 925 |
| Reserves & surplus | 943 | 605 | 823 | 1,318 | 1,615 | 1,511 | 1,395 |
| Shareholders' funds (net worth) | 1,906 | 1,625 | 1,784 | 2,374 | 2,620 | 2,444 | 2,320 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 465 | 1,181 | 1,501 | 1,696 | 1,312 | 1,164 | 1,036 |
| Unsecured loans | 300 | 300 | 301 | 181 | 301 | 301 | 180 |
| Total debt | 765 | 1,481 | 1,801 | 1,877 | 1,613 | 1,465 | 1,216 |
| Total liabilities | 2,850 | 3,336 | 3,852 | 4,598 | 4,396 | 4,083 | 3,858 |
| Assets | |||||||
| Gross block | 2,785 | 3,070 | 3,030 | 3,014 | 2,938 | 2,864 | 2,814 |
| Net block | 2,370 | 2,710 | 2,732 | 2,752 | 2,727 | 2,702 | 2,693 |
| Capital work in progress | 15.61 | 18.52 | 142 | 139 | 154 | 169 | 189 |
| Investments | 53.59 | 53.55 | 35.28 | 35.14 | 34.90 | 36.27 | 37.99 |
| Inventories | 275 | 274 | 264 | 290 | 233 | 234 | 213 |
| Sundry debtors | 2,906 | 3,995 | 2,455 | 2,429 | 2,730 | 2,552 | 2,761 |
| Cash & bank balances | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Loans & advances | 3,298 | 2,804 | 3,018 | 3,475 | 3,195 | 2,359 | 1,262 |
| Total current assets | 6,829 | 7,495 | 6,573 | 6,409 | 6,465 | 5,693 | 4,482 |
| Total current liabilities | 6,566 | 7,129 | 5,787 | 4,934 | 5,221 | 4,870 | 3,903 |
| Net working capital | 264 | 366 | 786 | 1,475 | 1,244 | 823 | 579 |
| Total assets | 2,850 | 3,336 | 3,852 | 4,598 | 4,396 | 4,083 | 3,858 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 149 | 118 | 9.36 | 15.57 | 27.94 | 39.78 | 26.70 |
| Net cash from operating activities | (33.37) | (135) | 974 | (294) | (432) | 94.07 | (199) |
| Net cash from investing activities | 842 | 651 | (543) | 46.21 | 178 | (304) | (73.11) |
| Net cash from financing activities | (933) | (485) | (322) | 241 | 241 | 198 | 285 |
| Net change in cash | (124) | 30.50 | 109 | (6.21) | (12.37) | (11.84) | 13.08 |
| Closing cash | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| EBITDA growth | +129.9% | +54.3% | -108.1% | -243.1% | +116.5% | -65.7% | - |
| PBT growth | +9998.0% | +62.2% | -58.1% | - | +1162.7% | -93.5% | +57.5% |
| Net income growth | +37.5% | +56.0% | -57.4% | -401.4% | +1162.7% | -93.5% | - |
| Revenue CAGR (3Y) | +16.1% | +24.8% | -18.8% | -12.2% | +3.7% | +17.0% | +10.5% |
| EBITDA CAGR (3Y) | - | - | - | - | - | -15.2% | - |
| Profitability & leverage | |||||||
| Net income margin | +13.4% | -5.9% | -45.0% | -25.8% | +6.4% | +0.4% | +7.1% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | +3.7% | +2.4% | +5.2% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | +1.8% | +0.2% | +3.6% |
| Debt / equity | - | 0.96 | 0.88 | 0.70 | 0.61 | 1.11 | 0.00 |
| Long-term debt / equity | - | 0.05 | 0.07 | 0.08 | 0.12 | 0.20 | 0.00 |
| Interest cover | -1,534.92 | -104.17 | -64.62 | -103.22 | 335.54 | 2,072.60 | 137.27 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.19 | 0.42 | 0.47 | 0.64 | 1.42 | 4.57 |
| Inventory turnover | - | 13.42 | 4.56 | 5.33 | 7.97 | 10.57 | 10.34 |
| Debtors turnover | - | 1.12 | 0.52 | 0.54 | 0.70 | 0.89 | 0.76 |
| EPS (₹) | 3.04 | (2.24) | (5.92) | (3.79) | 1.28 | 0.10 | 1.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 16.29 | 18.57 | 23.88 | 27.30 | 26.18 | (0.36) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 425 | 628 | 515 | 543 | 498 | 1,046 | 1,035 | 1,016 |
| Revenue growth (YoY) | -14.7% | -40.0% | -50.3% | -46.5% | -4.2% | - | - | - |
| Other income | 8.37 | 472 | 12.31 | 14.82 | 13.04 | 97.75 | 20.16 | 14.67 |
| Total expenses | 423 | 601 | 494 | 546 | 509 | 1,074 | 1,045 | 1,026 |
| EBITDA | 1.66 | 26.81 | 20.76 | (2.92) | (10.94) | (28.18) | (10.51) | (9.49) |
| EBITDA margin | +0.4% | +4.3% | +4.0% | -0.5% | -2.2% | -2.7% | -1.0% | -0.9% |
| Depreciation | 12.52 | 17.75 | 11.01 | 13.15 | 14.55 | 28.92 | 12.67 | 13.73 |
| Interest | 29.98 | 45.43 | 47.64 | 52.99 | 50.87 | 45.49 | 64.10 | 61.56 |
| Profit before tax | (32.47) | 436 | (25.58) | (54.24) | (63.32) | (4.84) | (67.12) | (70.11) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,184 | 3,616 | 1,264 | 1,395 | 1,861 | 2,362 | 2,059 |
| Revenue growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| Other income | 503 | 206 | 44.50 | 52.55 | 255 | 161 | 184 |
| Total expenses | 2,140 | 3,763 | 1,583 | 1,549 | 1,752 | 2,311 | 1,913 |
| Employee cost | 0.00 | 192 | 232 | 229 | 222 | 290 | 231 |
| EBITDA | 43.62 | (146) | (320) | (154) | 109 | 51.27 | 146 |
| EBITDA margin | +2.0% | -4.0% | -25.3% | -11.0% | +5.8% | +2.2% | +7.1% |
| Depreciation | 56.45 | 69.20 | 53.12 | 49.50 | 50.03 | 41.85 | 41.89 |
| Interest | 197 | 224 | 241 | 210 | 192 | 160 | 141 |
| Profit before tax | 293 | (233) | (569) | (360) | 121 | 11.20 | 147 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (156) | (268) | (568) | (361) | 121 | 11.20 | 147 |
| Net profit margin | -7.2% | -7.4% | -44.9% | -25.9% | +6.5% | +0.5% | +7.1% |
| EPS (₹) | 3.04 | (2.43) | (5.92) | (3.79) | 1.30 | 0.12 | 1.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 963 | 961 | 961 | 950 | 934 | 934 | 925 |
| Reserves & surplus | 889 | 552 | 789 | 1,283 | 1,581 | 1,475 | 1,357 |
| Shareholders' funds (net worth) | 1,852 | 1,571 | 1,750 | 2,340 | 2,586 | 2,408 | 2,283 |
| Secured loans | 465 | 1,181 | 1,501 | 1,576 | 1,312 | 1,164 | 1,036 |
| Unsecured loans | 300 | 300 | 301 | 301 | 301 | 301 | 180 |
| Total debt | 765 | 1,481 | 1,801 | 1,877 | 1,613 | 1,465 | 1,216 |
| Total liabilities | 2,796 | 3,283 | 3,817 | 4,563 | 4,361 | 4,047 | 3,821 |
| Assets | |||||||
| Gross block | 2,785 | 3,070 | 3,030 | 3,014 | 2,938 | 2,864 | 2,814 |
| Net block | 2,370 | 2,710 | 2,732 | 2,752 | 2,727 | 2,702 | 2,693 |
| Capital work in progress | 15.61 | 18.52 | 142 | 139 | 154 | 169 | 189 |
| Investments | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 |
| Inventories | 275 | 274 | 264 | 290 | 233 | 234 | 213 |
| Sundry debtors | 2,906 | 3,995 | 2,455 | 2,429 | 2,730 | 2,552 | 2,761 |
| Cash & bank balances | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Loans & advances | 3,298 | 2,804 | 3,018 | 3,475 | 3,195 | 2,359 | 1,262 |
| Total current assets | 6,829 | 7,495 | 6,573 | 6,409 | 6,465 | 5,693 | 4,482 |
| Total current liabilities | 6,566 | 7,129 | 5,787 | 4,934 | 5,221 | 4,870 | 3,903 |
| Net working capital | 263 | 366 | 786 | 1,475 | 1,244 | 823 | 579 |
| Total assets | 2,796 | 3,283 | 3,817 | 4,563 | 4,361 | 4,047 | 3,821 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 149 | 118 | 9.36 | 15.57 | 27.94 | 39.78 | 26.70 |
| Net cash from operating activities | (33.41) | (154) | 974 | (294) | (430) | 95.80 | (197) |
| Net cash from investing activities | 842 | 669 | (543) | 46.45 | 177 | (306) | (74.88) |
| Net cash from financing activities | (933) | (485) | (322) | 241 | 241 | 198 | 285 |
| Net change in cash | (124) | 30.50 | 109 | (6.21) | (12.37) | (11.84) | 13.08 |
| Closing cash | 351 | 422 | 836 | 215 | 307 | 548 | 245 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -39.6% | +186.2% | -9.5% | -25.0% | -21.2% | +14.7% | - |
| EBITDA growth | +129.9% | +54.3% | -108.1% | -241.3% | +111.9% | -64.9% | - |
| PBT growth | +9998.0% | +59.0% | -58.0% | - | +980.9% | -92.4% | +59.3% |
| Net income growth | +41.7% | +52.8% | -57.3% | -398.2% | +980.9% | -92.4% | - |
| Revenue CAGR (3Y) | +16.1% | +24.8% | -18.8% | -12.2% | +3.7% | +17.0% | +10.5% |
| EBITDA CAGR (3Y) | - | - | - | - | - | -14.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +13.4% | -6.5% | -45.0% | -25.8% | +6.5% | +0.5% | +7.2% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | +3.7% | +2.1% | +4.3% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | +1.8% | +0.2% | +2.9% |
| Debt / equity | - | 0.99 | 0.90 | 0.71 | 0.62 | 0.57 | 1.42 |
| Long-term debt / equity | - | 0.05 | 0.07 | 0.09 | 0.12 | 0.10 | 0.28 |
| Interest cover | -1,534.92 | -104.17 | -64.62 | -103.21 | 327.76 | 1,694.16 | 134.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.19 | 0.42 | 0.47 | 0.64 | 0.83 | 1.27 |
| Inventory turnover | - | 13.42 | 4.56 | 5.33 | 7.97 | 10.57 | 10.34 |
| Debtors turnover | - | 1.12 | 0.52 | 0.54 | 0.70 | 0.89 | 0.76 |
| EPS (₹) | 3.04 | (2.43) | (5.92) | (3.79) | 1.30 | 0.12 | 1.59 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.74 | 18.21 | 23.51 | 26.93 | 25.80 | 24.67 |
To see the full year-wise statements and ratios of Iti Limited, buy the company report.
Board of directors of Iti Limited
Iti has 5 current directors and 72 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rai Also directs: India Satcom Limited | Managing Director | 21 Feb 2023 | 3 Years 8 Months | Current |
| Arun Agarwal | Nominee Director | 22 Jul 2025 | 1 Years 3 Months | Current |
| Gopinath Sahu | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Venkata Ramana Babu Chundru Also directs: India Satcom Limited | Director | 25 Jan 2024 | 2 Years 8 Months | Current |
| Kanwar Vinod Kumar | Nominee Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Iti Limited is audited by M/s GRSM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s GRSM & ASSOCIATES | FY 2023 | 000863S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 90.00%, foreign institutional investors hold 0.10%, domestic institutional investors hold 7.90% and retail and other public shareholders hold 2.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 90.00% | 90.00% | 90.00% | 90.00% |
| Public | 10.00% | 10.00% | 10.00% | 10.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2026 | 101291770 | Others | ₹1,206.68 Cr | Open | |
| 11 May 2023 | 100725066 | Indian Bank | ₹50 Cr | Open | |
| 30 Dec 2022 | 100678191 | Others | ₹100 Cr | Open | |
| 26 Jul 2022 | 100597105 | Canara Bank | ₹120 Cr | Open | |
| 04 Mar 2022 | 100554468 | Indian Bank | ₹150 Cr | Open |
To see the full charge records of Iti Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Iti Limited has 104 deals on record (104 market trades); the latest was in October 2025.
Deals on record (5 of 104)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹185.84 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2025 | Market trade | ₹603.82 Cr | Buyer: Aakraya Research LLP , Hrti Private Limited Seller: Aakraya Research LLP , Hrti Private Limited |
| Jan 2025 | Market trade | ₹292.16 Cr | Buyer: Aakraya Research LLP Seller: Aakraya Research LLP |
| Jan 2025 | Market trade | ₹232.05 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2024 | Market trade | ₹296.16 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Iti Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iti Limited has 4,119 court cases on record: 468 filed by Iti, 3,655 filed against it. 184 cases are pending and 3,935 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3,795 | 3,450 | 150 |
| District courts | 259 | 175 | 31 |
| Supreme Court | 59 | 24 | 2 |
| NCLT | 4 | 4 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 4,119)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Raj Solutions India Pvt Ltd | Pending |
| District court, Ernakulam, Kerala | Arbitration matter | Filed by the company against Ecartes Technology Private Limited | Pending |
| Supreme Court | Interim or miscellaneous application | Filed by the company against HCL Infosystems Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Primatel Fibcom Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by HCL Infosystems Limited | Disposed |
To see the full case history of Iti Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Iti Limited was last rated by Icra on 10 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Mar 2022 |
To see the full credit ratings and regulatory alerts of Iti Limited, buy the company report.
MSME payment delays
Iti Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 891 overdue payments to 210 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 210)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ferro Build Hards (India) Private Limited | |||
| an individual supplier | |||
| M/S Unique Construction |
To see the full MSME payment records of Iti Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Iti has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Iti Limited has a workforce of 1,266 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Iti has 61 GST registrations: 44 active and 17 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4625C1ZV | Karnataka | Active | 01 Jul 2017 |
| 29AAACI4625C2ZU | Karnataka | Active | 01 Jul 2017 |
| 29AAACI4625C3ZT | Karnataka | Active | 01 Jul 2017 |
| 29AAACI4625C5ZR | Karnataka | Active | 08 May 2018 |
To see the full GST registrations and return filing status of Iti Limited, buy the company report.
Recent activity
Iti Limited has 139 board changes on record since 2005: 73 appointments and 66 cessations. The latest: Arun Agarwal was appointed as Nominee Director on 22 Jul 2025.
201 earlier events are in the company report.
News
Frequently asked questions
Iti is an active public limited union government company based in Bangalore, Karnataka, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 25 January 1950 (76+ years old) and is registered under CIN L32202KA1950GOI000640. Listed on BSE: 523610 and NSE: ITI.
Iti reported revenue of ₹2,183.72 Cr for FY 2025-26 (down 39.6% YoY) based on consolidated financials.
Iti has 5 current directors:
- Rajesh Rai - Managing Director
- Arun Agarwal - Nominee Director
- Gopinath Sahu - Director
- Venkata Ramana Babu Chundru - Director
- Kanwar Vinod Kumar - Nominee Director
The latest financial statements of Iti on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iti is 29AAACI4625C1ZV, registered in Karnataka. The company has 61 GST registrations in all, of which 44 are active and 17 are cancelled or inactive. Other active GSTINs include 29AAACI4625C2ZU (Karnataka), 29AAACI4625C3ZT (Karnataka), 29AAACI4625C5ZR (Karnataka).
The CIN (Corporate Identification Number) of Iti is L32202KA1950GOI000640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Iti is a listed company as per MCA records. Its shares are listed on both BSE (code: 523610) and NSE (symbol: ITI).
Iti has 4,119 court cases on record: 468 filed by the company and 3,655 filed against it. 184 are pending. Most are in the high courts.
Iti was incorporated on 25 January 1950, making it 76+ years old. It is registered with the Registrar of Companies, Bangalore.
Iti has 104 deals on record (104 market trades); the latest was in October 2025.
Arun Agarwal was appointed as Nominee Director on 22 Jul 2025. Gopinath Sahu was appointed as Director on 14 Jul 2025. Sunil Kumar Verma ceased to be Nominee Director on 19 May 2025. Iti has 139 board changes on record in total.
