Is ITC Limited (ITC) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Tobacco | ✗ NOT HALAL | |||
| DJIM | Excluded — Tobacco | ✗ NOT HALAL | |||
| MSCI | Excluded — Tobacco | ✗ NOT HALAL | |||
| S&P | Excluded — Tobacco | ✗ NOT HALAL | |||
| FTSE | Excluded — Tobacco | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 55.9% | |
| Operating Margin | 32.2% | |
| Net Margin | 43.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $176.3B |
| Free Cash Flow | $153.5B |
| Total Debt | $2.8B |
| Debt-to-Equity | 0.5 |
| Total Assets | $880.9B |
Price & Trading
| Last Close | INR 295.70 |
| 50-Day MA | INR 313.85 |
| 200-Day MA | INR 380.73 |
| Avg Volume | 29.4M |
| Beta | -0.2 |
|
52-Week Range
INR 288.75
| |
About ITC Limited (ITC)
ITC Limited engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally. The company offers cigarettes and cigars; foods, including staples, spices, biscuits, confectionery and gums, snacks, noodles and pasta, beverages, dairy products, ready-to-eat meals, chocolates, coffee, and frozen foods; personal care products; education and stationery, such as balls, gels and roller pens, mechanical pencils, geometry boxes, erasers, sharpeners and rulers, wax crayons, plastic crayons, and sketch pens and oil pastels; safety matches; and agarbattis and dhoops under various brands, as well as operates a hotel under the ITC Grand Central name in Mumbai. It also provides virgin, recycled, coated barrier, cupstock base, liner, liquid packaging, antifungal, solid, and graphic boards, as well as specialty papers; surfacing, print base, barrier, overlay, and liner papers; plastic substitution products; and packaging products, including cartons, flexible, tobacco, and green packaging products. In addition, the company exports feed ingredients, food grains, marine products, processed fruits, coffee products, leaf tobacco products, and spices; and offers information technology services for the banking and financial services, healthcare, manufacturing, consumer goods, travel, and hospitality industries, as well as produces and commercializes seed potato technology products. Further, it provides property infrastructure maintenance; engineering, procurement and construction management and project management consultancy services; business consulting; and agro-forestry and other related services, as well as engages in the fabrication and assembly of machinery for tube filling, cartoning, wrapping, and conveyor solutions and engineering activities. ITC Limited was incorporated in 1910 and is headquartered in Kolkata, India.
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Frequently Asked Questions
Is ITC Limited (ITC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ITC Limited is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ITC Limited's debt ratio?
ITC Limited's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are ITC Limited's key financial metrics?
ITC Limited has a market capitalization of $3.7T, trailing P/E ratio of 18.1, and revenue of $746.5B. The company maintains a gross margin of 55.9% and a net margin of 43.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.