Volume 2 - Issue 1, January - February 2026

h a presence in FMCG, paperboards & packaging, agribusiness, and related sectors. Through an in-depth examination of financial statements, performance indicators, and recent market developments, the study evaluates ITC’s profitability, liquidity, operational efficiency, and solvency profile over recent 5 financial years from 2020-2025. The analysis showcases ITC’s strong revenue base and a deep sustained profitability and operational strength. ITC’s liquidity position remains strong, supported by a minimal debt and significant cash reserves, enabling financial flexibility and resilience against industry headwinds. However, the project also discusses various challenges including regulatory pressures in the tobacco segment, competitive dynamics in FMCG, and the impacts of tax policy changes on earnings volatility. Additionally, the company’s asset base, balance sheet trends, and strategic initiatives in sustainability and diversification are examined to assess longterm financial stability and growth prospects. This financial analysis provides stakeholders with actionable insights into ITC’s fiscal health, competitive positioning, and future outlook in an evolving economic environment.

Dr.Gayathiry D, Ms.Bhuvaneshwari V,"A Data-Driven Financial Performance Evaluation of ITC Ltd Using Ratio Analysis" International Journal of Advanced Multidisciplinary Research and Educational Development, V2(1): Page(1113-1119) Jan-Feb 2026. ISSN: 3107-6513. www.ijamred.com. Published by Scientific and Academic Research Publishing.