Wednesday, March 25, 2015

Company Profile ITC- Enduring Value


Vision

Sustain ITC's 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 

    To enhance the wealth generating capability of the enterprise in a globalizing environment.
   To delivering superior and sustainable stakeholder value.

    Core Values

ITC's Core Values are aimed at developing a customer-focused, high-performance organization which creates values for all its stakeholders.

Company profile 

ORIGIN-1910
PLACE- kolkatta
REVENUE 48,176 C
CHAIRMAN- MR.Deveshwar















     Subsidiaries

Joint ventures 

Brands 

Other

 ITC’s corporate strategies are :

  • 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.
PRODUCTS
§         Aashirvad
Candyman
Yippie
Sunfeast
Bingo
Fiama-di-wills
Classmate
Vivel  

Deveshwar way to chairman………….

1968
Join ITC as management pupil
1972
MBO advisor
1974
Factory Manager in ITC packaging and printing
1984
He was made a director since 1996
1996
He was appointed a chaiman  of ITC food limited
2014
Till know as a chairman…………
1991
He was chosen to head Air-India as MD
President of helm of affirs
Member of board of directors at ISB,IIM
ISB-Indian school of business
IIM-Indian institute of management

 

Milestone

1990
Agri business(10 states covering 4million farmers)
2000
ITC Infotech pvt ltd
2001
Branded Packaged Foods- MINTO, CANDYMAN,AASHIRVAAD
2002
Education And Stationery products
                CLASSMATE- India Largest Notebook
 
2005
Personal  Care Products
           ESSENZADI WILLS, FIAMA DI WILLS, VIVEL
 
2010
-   Expanding Tobacco Portfolio 
            LAUNCHED HANDROLLED CIGARETTES
2014
ONLINE SALE OF PRODUCTS BEGUN

 

80% OF INCOME IS FROM SALE OF CIGARRETTES IN INDIA-35000C

Awards won

Ø  7TH BEST PERFORMING CEO IN THE WORLD- DEVESHWAR
Ø  9TH POSITION IN INDIA”S MOST TRUSTED BRAND
2004- became 1st Indian organization to submit its sustainability report   as per guidelines of global reporting initiative
Ø  It won “world business award” by international chamber of commerce
Ø  Honorary fellowship of all india mgnt association(AIMA)
Ø  Alumni award of IIT-delhi

1994
Marketing man of  the year
2001
Manager entrepreneur of the year by earnest and young
2006
Lakshya business visionary award
2010
Global leadership award by U.S-isb
2007
SAM/SPG sustainability leadership award
2011
Padma bhushan by the government
Itc “e-choupaw” –
Ø  a digital infrastructure plan to empower the farmers in india 
Ø  Is being taught in  Harvard Business School
Ø  2005- won the organization development
Financial sets
Rs Crs
 
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
Profit After Tax
261   
8,785
Net 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%
 

 
Sales  sector of itc
 
 
 
 
 
 
Packaging

 

Agriculture business

Rural tranformation
 

Itc group of hotel
 
 
 

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