ITC was incorporated in 1910 as Imperial Tobacco Company of India and over time diversified into multiple businesses including packaging, hotels, paperboards, agri-business, education/stationery, lifestyle retailing, IT, foods, agarbattis, matches and personal care. Some key developments included starting a packaging business in 1925, entering hotels in 1975, paperboards in 1979, setting up a Nepal subsidiary in 1985, and launching food brands starting in 2001 which have grown significantly. ITC now operates in multiple consumer product categories and sectors of the economy.

1. India Tobacco Company Limited I.T.C.
History and Evolution
ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of
India Limited. As the Company's ownership progressively Indianised, the name of the
Company was changed from Imperial Tobacco Company of India Limited to India Tobacco
Company Limited in 1970 and then to I.T.C. Limited in 1974. In recognition of the Company's
multi-business portfolio encompassing a wide range of businesses - Fast Moving Consumer
Goods comprising Foods, Personal Care, Cigarettes and Cigars, Branded Apparel, Education and
Stationery Products, Incense Sticks and Safety Matches, Hotels, Paperboards & Specialty
Papers, Packaging, Agri-Business and Information Technology - the full stops in the
Company's name were removed effective September 18, 2001. The Company now stands
rechristened 'ITC Limited,'where ‘ITC’ is today no longer an acronym or an initialised
form.
A Modest Beginning
The Company's beginnings were humble. A leased office on Radha Bazar Lane, Kolkata, was the
centre of the Company's existence. The Company celebrated its 16th birthday on August 24,
1926, by purchasing the plot of land situated at 37, Chowringhee, (now renamed J.L. Nehru
Road) Kolkata, for the sum of Rs 310,000. This decision of the Company was historic in more
ways than one. It was to mark the beginning of a long and eventful journey into India's future.
The Company's headquarter building, 'Virginia House', which came up on that plot of land two
years later, would go on to become one of Kolkata's most venerated landmarks.
1925: Packaging and Printing: Backward Integration
Though the first six decades of the Company's existence were primarily devoted to the growth
and consolidation of the Cigarettes and Leaf Tobacco businesses, ITC's Packaging &
Printing Business was set up in 1925 as a strategic backward integration for ITC's Cigarettes
business. It is today India's most sophisticated packaging house.
1975: Entry into the Hospitality Sector - A 'Welcome' Move
The Seventies witnessed the beginnings of a corporate transformation that would usher in
momentous changes in the life of the Company. In 1975, the Company launched its Hotels
business with the acquisition of a hotel in Chennai which was rechristened 'ITC-Welcomgroup
Hotel Chola' (now renamed My Fortune, Chennai). The objective of ITC's entry into the hotels
business was rooted in the concept of creating value for the nation. ITC chose the Hotels
business for its potential to earn high levels of foreign exchange, create tourism infrastructure
and generate large scale direct and indirect employment. Since then ITC's Hotels business has
grown to occupy a position of leadership, with over 100 owned and managed properties spread
across India under four brands namely, ITC Hotels - Luxury Collection, WelcomHotels, Fortune
Hotels and WelcomHeritage.
ITC Hotels recently took its first step toward international expansion with an upcoming super
premium luxury hotel in Colombo, Sri Lanka. In addition, ITC Hotels also recently tied up

2. with RP Group Hotels & Resorts to manage 5 hotels in Dubai and India under ITC Hotels' 5-
star 'WelcomHotel' brand and the mid-market to upscale 'Fortune' brand.
1979: Paperboards & Specialty Papers - Development of a Backward Area
In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam Paperboards
Limited. Bhadrachalam Paperboards amalgamated with the Company effective March 13, 2002
and became a Division of the Company, Bhadrachalam Paperboards Division. In November
2002, this division merged with the Company's Tribeni Tissues Division to form the Paperboards
& Specialty Papers Division. ITC's paperboards' technology, productivity, quality and
manufacturing processes are comparable to the best in the world. It has also made an immense
contribution to the development of Sarapaka, an economically backward area in the state of
Andhra Pradesh. It is directly involved in education, environmental protection and community
development. In 2004, ITC acquired the paperboard manufacturing facility of BILT Industrial
Packaging Co. Ltd (BIPCO), near Coimbatore, Tamil Nadu. The Kovai Unit allows ITC to
improve customer service with reduced lead time and a wider product range.
1985: Nepal Subsidiary - First Steps beyond National Borders
In 1985, ITC set up Surya Tobacco Co. in Nepal as an Indo-Nepal and British joint venture. In
August 2002, Surya Tobacco became a subsidiary of ITC Limited and its name was changed to
Surya Nepal Private Limited (Surya Nepal). In 2004, the company diversified into
manufacturing and exports of garments.
1990: Paperboards & Specialty Papers - Consolidation and Expansion
In 1990, ITC acquired Tribeni Tissues Limited, a Specialty paper manufacturing company and a
major supplier of tissue paper to the cigarette industry. The merged entity was named the Tribeni
Tissues Division (TTD). To harness strategic and operational synergies, TTD was merged with
the Bhadrachalam Paperboards Division to form thePaperboards & Specialty Papers Division
in November 2002.
1990: Agri Business - Strengthening Farmer Linkages
Also in 1990, leveraging its agri-sourcing competency, ITC set up the Agri Business Division
for export of agri-commodities. The Division is today one of India's largest exporters. ITC's
unique and now widely acknowledged e-Choupal initiative began in 2000 with soya farmers in
Madhya Pradesh. Now it extends to 10 states covering over 4 million farmers. Also, through the
'Choupal Pradarshan Khet' initiative, the agri services vertical has been focusing on improving
productivity of crops while deepening the relationship with the farming community.
2002: Education & Stationery Products - Offering the Greenest products
ITC launched line of premium range of notebooks under brand Paperkraft in 2002. To augment
its offering and to reach a wider student population, the Classmate range of notebooks was
launched in 2003. Classmate over the years has grown to become India's largest notebook
brand and has also increased its portfolio to occupy a greater share of the school bag. Years
2007- 2009 saw the launch of Practical Books, Drawing Books, Geometry Boxes, Pens and
Pencils under the 'Classmate' brand. In 2008, ITC positioned the business as the Education and
Stationery Products Business and launched India's first environment friendly premium

3. business paper under the 'Paperkraft' Brand. 'Paperkraft' offers a diverse portfolio in the
premium executive stationery and office consumables segment. In 2010, Colour Crew was
launched as a new brand of art stationery.
2000: Lifestyle Retailing - Premium Offerings
ITC also entered the Lifestyle Retailing business with the Wills Sport range of international
quality relaxed wear for men and women in 2000. The Wills Lifestyle chain of exclusive stores
later expanded its range to include Wills Classic formal wear (2002) and Wills Clublife
evening wear (2003). ITC also initiated a foray into the popular segment with its men's wear
brand, John Players, in 2002. In 2006, Wills Lifestyle became title partner of the country's most
premier fashion event - Wills Lifestyle India Fashion Week - that has gained recognition from
buyers and retailers as the single largest B-2-B platform for the Fashion Design industry. To
mark the occasion, ITC launched a special 'Wills Signature', taking the event forward to
consumers.
2000: Information Technology - Business Friendly Solutions
In 2000, ITC spun off its information technology business into a wholly owned subsidiary, ITC
Infotech India Limited, to more aggressively pursue emerging opportunities in this area. Today
ITC Infotech is one of India's fastest growing global IT and IT-enabled services companies and
has established itself as a key player in offshore outsourcing, providing outsourced IT solutions
and services to leading global customers across key focus verticals - Banking Financial Services
& Insurance (BFSI), Consumer Packaged Goods (CPG), Retail, Manufacturing, Engineering
Services, Media & Entertainment, Travel, Hospitality, Life Sciences and Transportation &
Logistics.
2001: Branded Packaged Foods - Delighting Millions of Households
ITC's foray into the Foods business is an outstanding example of successfully blending multiple
internal competencies to create a new driver of business growth. It began in August 2001 with
the introduction of 'Kitchens of India' ready-to-eat Indian gourmet dishes. In 2002, ITC entered
the confectionery and staples segments with the launch of the brands mint-o and Candyman
confectionery and Aashirvaad atta (wheat flour). 2003 witnessed the introduction of Sunfeast as
the Company entered the biscuits segment. ITC entered the fast growing branded snacks
category with Bingo! in 2007. In 2010, ITC launched Sunfeast Yippee! to enter the Indian
instant noodles market. In just over a decade, the Foods business has grown to a significant size
under seven distinctive brands, with an enviable distribution reach, a rapidly growing market
share and a solid market standing.
2002: Agarbattis & Safety Matches - Supporting the Small and Cottage Sector
In 2002, ITC's philosophy of contributing to enhancing the competitiveness of the entire value
chain found yet another expression in the Safety Matches initiative. ITC now markets popular
safety matches brands like iKno,Mangaldeep and Aim.
ITC's foray into the marketing of Agarbattis (incense sticks) in 2003 marked the manifestation
of its partnership with the cottage sector. Mangaldeep is a highly established national brand and
is available across a range of fragrances like Rose, Jasmine, Bouquet, Sandalwood and
'Fragrance of Temple'.

4. 2005: Personal Care Products - Expert Solutions for Discerning Consumers
ITC entered the Personal Care Business in 2005. In eight years, the Personal Care portfolio has
grown under'Essenza Di Wills', 'Fiama Di Wills', 'Vivel' and 'Superior' brands which have
received encouraging consumer response and have been progressively extended nationally. In
May 2013, the business expanded its product portfolio with the launch of Engage - one of India's
first range of 'couple deodorants'
2010: Expanding the Tobacco Portfolio
In 2010, ITC launched its handrolled cigar, Armenteros, in the Indian market. Armenteros
cigars are available exclusively at tobacco selling outlets in select hotels, fine dining restaurants
and exclusive clubs.
Vision of ITC :
sustain ITC position as one of India’s most valuable corporations through world class
performance, creating growing value for the Indian economy and the company’s stakeholders.
Mission of ITC :
to enhance the wealth generating capability of the enterprise in a globalising environment,
delivering superior and sustainable stakeholders value.
Objectives of ITC:
Corporate Strategies:
ITC is a board-managed professional company, committed to creating enduring value for the
nation and the shareholder. It has a rich organisational culture rooted in its core values of respect
for people and belief in empowerment. Its philosophy of all-round value creation is backed by
strong corporate governance policies and systems.
ITC’s corporate strategies are :

5. ● Create multiple drivers of growth by developing a portfolio of world class businesses that
best matches organisational capability with opportunities in domestic and export markets.
● Continue to focus on the chosen portfolio of FMCG, Hotels, Paper, Paperboards &
Packaging, Agri Business and Information Technology.
● Benchmark the health of each business comprehensively across the criteria of Market
Standing, Profitability and Internal Vitality.
● Ensure that each of its businesses is world class and internationally competitive.
● Enhance the competitive power of the portfolio through synergies derived by blending
the diverse skills and capabilities residing in ITC’s various businesses.
● Create distributed leadership within the organisation by nurturing talented and focused
top management teams for each of the businesses.
● Continuously strengthen and refine Corporate Governance processes and systems to
catalyse the entrepreneurial energies of management by striking the golden balance
between executive freedom and the need for effective control and accountability.
SHAREHOLDER VALUE
ITC is one of India's foremost private sector companies. ITC is a leading FMCG marketer in
India today, the second largest Hotel chain, the clear market leader in the Indian Paperboard and
Packaging industry and the country's foremost Agribusiness player. Additionally, its wholly
owned subsidiary is one of India's fastest growing Information Technology companies in the
mid-tier segment.
Over the last eighteen years, ITC has created multiple drivers of growth by developing a
portfolio of world-class businesses and brands. ITC’s Net Revenue and Net Profit recorded an
impressive compound growth of 15.3% and 21.6% per annum respectively. During this period,
Return on Capital Employed improved substantially from 28.4% to 45.8% while Total
Shareholder Returns, measured in terms of increase in market capitalisation and dividends, grew
at a compound annual growth rate of 25.9%, placing your Company amongst the foremost in the
country in terms of efficiency of servicing financial capital.
● Profit Before Tax over Rs.12,650 crores
● Gross Income more than Rs.48,000 crores
● Market Capitalisation over Rs.2,80,000 crores*
● Profit After Tax Rs.8,785 crores
(Figures in Rs. Crores)
ITC Financial Highlights 1996-2014
1996 2014
Gross Income 5,188 48,176
Net Segment Revenue
(other than Cigarettes)
1,363 21,845
PBIT 536 12,662

6. Profit After Tax 261 8,785
Assets Employed 2,584 39,229
Market Capitalisation* 5,571 2,84,307
CAGR in Total Shareholder Returns in the period 1996-2014 :
25.9%
*As on 25th July, 2014
Best Orders Trd. Value
Security LTP Buy Qty Buy Price Sell Price Sell Qty ( lakhs)
Equity Shares 370.45 - - 371.70 3043 25310.42
Most Active Futures
30-OCT-2014
374.15 1000 374.25 374.30 1000 25953.90
Most Active Call
(380.00) 30-OCT-2014
6.75 5000 6.65 8.10 1000 1681.62
Most Active Put
(370.00) 30-OCT-2014
7.10 1000 6.80 7.25 1000 1265.48
Most Active Nifty Futures
30-OCT-2014
8033.25 50 8032.50 8034.85 500 1427155.19
Most Active Midcap Futures
30-OCT-2014
- 300 2810.00 3290.00 300 -

7. Company Information
Corporate Actions
Announcements
ITC Limited
Date of Listing (NSE) : 23-
Aug-1995
Face Value : 1.00
ISIN : INE154A01025
Industry : CIGARETTES
Constituent Indices : CNX
CONSUMPTION,CNX
NIFTY,CNX FMCG INDEX,CNX
500,CNX 100,CNX 200
Issued Cap. :
7970543101(shares) as on
26-Sep-2014
Free Float Market Cap. :
206313.37(Cr)
Impact Cost: 0.04 as on Sep-
2014
52 week high/low price :
387.50/307.55
03-Jun-2014 DIVIDEND -
RS 6/- PER
SHARE
31-May-2013 ANNUAL
GENERAL
MEETING AND
DIVIDEND
RS.5.25 PER
SHARE
11-Jun-2012 ANNUAL
GENERAL
MEETING/DIVI
DEND RS 4.50
PER SHARE
10-Jun-2011 DIVIDEND
FINAL RS
2.80 AND
SPECIAL RS
1.65 PER
SHARE
03-Aug-2010 BONUS 1:1
News Clarification Sep 23,
2014, 19:16
- Allotment of Securities Sep
17, 2014, 18:00
- Disclosure of Voting Pattern -
Clause 35A Sep 12, 2014,
17:00
- Demerger Sep 03, 2014,
12:12
- Updates Aug 28, 2014,
15:40

8. PRODUCTS OF ITC COMPANY:
Packaging & Graphic
Applications Bo
Cyber XL Pac
Cyber Cypak
Specialty
Boards
Indobev
Indobarr
Communicatio
n Papers
Alfa Zap
Perma White
Specialty Papers
Pharma Print
Thin Printing
Recycled
Boards
Eco Natura
Eco Blanca
company’s fast moving consumer goods
cigarettes , foods, lifestyle retail, personal care, education and stationary, agarbattis, safety matches, ITC
brand world.
Foods

9. Lifestyle :
Personal care
Education and Stationary:

10. ● Safety Matches and Agarbattis
:

11. ITC hotels

12. Packaging
Virgin
Recycled
Folding Boxboards Coated Duplex White Back
Solid Bleached Boards Coated Duplex Greyback
Coated High Burst Liner
Specialty
Liquid packaging Barrier coated carton boards
Food grade packaging board Biodegradable barrier boards
Cup Stock
Papers
Woodfree fine papers Unbleached Kraft base
Absorbent Kraft Cigarette Tissues
Opaque papers Electrical insulation papers
Some of ITC's prominent brands are:
Folding Boxboards: Cyber XL Pac, Cyber Cypak, Cyber Propac, Cyber Premium, Pearl XL Solid Bleached
Sulphate Boards: Safire Graphik, Art Maestro, Carte Persona, Carte Lumina, Digiart Poly coated boards:
Indobev, Indo Barr Recycled boards: Eco Blanca, Eco Natura, Neo White Bliss Fine Papers: Alfa Zap, Alfa
Plus, Hi Brite, Paperkraft , Perma White Specialty Papers : Bible Printing, Pharma Print, Superfine Printing

13. Training & Development
We believe in facilitating continuous learning and leverage our state -of-the-art training facilities to enhance our
employees’ competencies. Our trainingand development centre is namedEpicenter. This Epicenter is where we sharpen our skillsets, fos
symbolizes our need to excel in every sphere of functioning through knowledge building and skill enhancement.
This highly sophisticated centre is equipped with a range of advanced facilities such as:
● A 70-seater lecture theatre
● A 50-seater lecture theatre
● Two 20-seater classrooms synchronized with the main lecture
theatre
● A 15-seater conference room with VoIP and video conferencing
facilities.
● Each lecture theatre and classroom is equipped with state of the
art audio visual systems
● Well stockedlibrary withadequate titles and periodic magazine
subscriptions

14. Employee Training
Technical trainingtypically includes basic skills for new recruits suchas programming language skills, OS principles, SE pr inciples and s
various technology areas. Along withtechnical training, we also provide a comprehensive certificationprogram where employees can choo
Behavioural trainingincludessoft skills development sessions for the employees. These workshops include training in leaders hi
communication skills, time management, creativity and innovation, team building exercises etc.
It is also very important thatour employees have a domain understanding of the business areas we work in. In this regard, we focus on tra
certification.
We also have a robust e-learning platformtitled ‘PROP-EL’ for our growing and global workforce. Employees across the globe are able
undertake training in a variety of subjects at their own time and pace. They can also participate in assessments of their capabiliti