ITI Limited ITI
Govt PSU telecom equipment maker - GPON, telecom/defence electronics
Mapped in 1 theme: 5G/6G Telecom Buildout.
Where ITI Limited sits in the supply chain
ITI Limited appears in 1 supply-chain layer in one theme, 5G/6G Telecom Buildout.
5G/6G Telecom Buildout › RAN, Active Network Equipment & Switching
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,264 | 3,616 | 2,184 |
| Net profit | −569 | −215 | 293 |
Latest-year revenue ₹2,184 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- As a government PSU with legacy manufacturing infrastructure, it is a direct beneficiary of GPON and indigenous telecom/defence equipment orders reserved for domestic/PSU vendors
Risks
- Very high debtor days (~486) signal working-capital/collection risk typical of PSU government contracts
- Market cap looks rich relative to revenue, suggesting PSU-rerating rather than fundamentals
Common questions
What does ITI Limited do?
Govt PSU telecom equipment maker - GPON, telecom/defence electronics.
Where does ITI Limited sit in the supply chain?
ITI Limited (NSE: ITI) is mapped in 1 supply-chain layer: RAN, Active Network Equipment & Switching (5G/6G Telecom Buildout).
Who are ITI Limited's peers?
In the RAN, Active Network Equipment & Switching layer of 5G/6G Telecom Buildout: Tejas Networks, Frog Innovations (Frog Cellsat) and ADC India Communications (Krone Communications).
What is ITI Limited's market cap and valuation?
As of 30 Oct 2026: market cap ₹20,799 Cr, ROCE 2.1%, ROE −8.9%, dividend yield 0%.