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ITC hosted its first ever analyst meet on December 14, 2021. In the Analyst meet the company was represented by its Chairman & Managing Director Mr. Sanjiv Puri
Key takeaways of the meeting
Company indicated that it will look for growth triggers in all its business verticals. Company will focus on future-facing categories and drive premiumisation with innovations driving affordability in premium categories.
The company will be focusing on Mergers and Acquisitions (M&A) going forward.
Company is planning to invest Rs 10,000 crore over the next three years to create growth vectors. 35-40% of the investment would go towards FMCG capacity expansion, while 25-30% towards ITC Paperboards, about 10% of the capital would be spent on completing its major hotel projects and the rest of the sum on building digital capabilities.
Management indicated the company is open to look at a demerger of FMCG business or a separate listing of IT business to unlock further pote...
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