ITI Share Price

A public sector undertaking, ITI Limited operates in the telecommunications sector. The company is one of the country's leading providers of defence electronics products and systems.

ITI Limited’s first departmental factory was established in 1948. It has manufacturing facilities in Uttar Pradesh's Naini, Mankapur, Rae Bareli; Kerala's Palakkad, and Karnataka’s Bengaluru. The company has an R&D centre in Bengaluru and marketing offices in over 25 locations in India including Bhubaneswar, Chennai, Hyderabad, Kolkata, Lucknow, Mumbai and New Delhi.

ITI Limited's market capitalisation stood at over ₹29,100 crore as of January 8, 2024. ITI Limited's share price has surged over 138% in the last three years.

Business operations

ITI Limited offers a diverse range of telecom products, covering the spectrum of switching transmission access and subscriber premises equipment. The company manufactures mobile infrastructure equipment based on the global system for mobile (GSM) technology and code division multiple access (CDMA) technologies. The company also manufactures products like gigabit passive optical network (GPON), managed leased line network (MLLN) products, wi-fi access points, stand-alone signalling transfer points (SSTP), set-top box and radio modems. Its defence product portfolio includes multi-capacity encryption units, bulk encryption units, and terminal end secrecy devices.

It also deals in passive infrastructure products like optical fibre cable, HDPE duct, antenna and diversified products such as smart energy meters, smart cards, solar panels, and mini personal computers.

During 1995-96, ITI Limited inaugurated India’s first computerised trunk manual exchange at Cuttack, Odisha. The company teamed up with Mahindra British Telecom (MBT) for joint business development and project management.

ITI Limited entered into a strategic alliance with MTNL for the expansion of their GSM network.

In FY 2003-04 the company introduced new products in the BSNL Network including managed leased line network, digital loop carrier, SDH CDMA-based fixed wireless terminal and mobile terminals.

In 2004, ITI signed a collaboration agreement with G&D (Giesecke Devrient) Germany for the manufacture of SIM Cards. The same year, the company signed a memorandum of understanding (MoU) with Adhunik Power Systems for the automated integrated management system.

In 2008-09, the company secured separate orders of million lines of GSM from BSNL West Zone and BSNL South Zone.

In 2009-10, the company implemented the National Population Register Project of the Ministry of Home Affairs at their Palakkad Plant.

The company started its data centre at its Bengaluru unit in 2009. The next year, it inaugurated a new integrated R&D laboratory at ITI Plant in Bengaluru.

In 2019, the company developed products in areas like encryption systems for defence network solutions for communication network power supply modules and integrated selection systems.

ITI Limited signed a contract with the Indian Army for the National Importance (ASCON-IV) project in 2020. It executed the first 3 phases of the ASCON Project. The same year, the company signed an MoU with Tech Mahindra to work in the areas of 4G and 5G wireless technology, equipment manufacturing, smart cities, and health care services.

In 2021, the company signed a contract with the Ministry of Defence for the execution of phase IV of the Army Static Switched Communication Network (ASCON).

Financial Highlights

The company’s total income in FY23 stood at ₹1,448 crore, slipping 31.5% year-on-year compared to ₹2,115.3 crore in FY22. The firm reported a loss of ₹359.85 crore in FY23 compared to a profit of ₹118.71 crore in FY22. Its earnings per share (EPS) stood at ₹ (-3.81) in FY23 compared to ₹1.27 in the last financial year.

13 October 2025 – ITI Share Price Update

As of last trading day, ITI opened at ₹337.70 and last traded at ₹340.50, showing a rise of 2.80 points (0.83%) compared to the previous close of ₹337.70. During the session, the stock touched a high of ₹358.45 and a low of ₹331.20. The company's market capitalization now stands at ₹32,796 Crs, with a P/E ratio of 0.0 and a dividend yield of 0.00%.