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ITC Ltd - 109th Annual General Meeting - Address by Chairman.
ITC Hotels, Firm is focusing on Asset-right strategy.
Asset right = Instead of franchising the ownership of ITC Hotel brand. The firm intends to be asset rich. Physical ownership of hotels & others.
@dmuthuk
(1/n)
ITC Hotels, Firm is focusing on Asset-right strategy.
Asset right = Instead of franchising the ownership of ITC Hotel brand. The firm intends to be asset rich. Physical ownership of hotels & others.
@dmuthuk
(1/n)
The Chairman repeatedly said, "We have to look at those aspects that'll provide maximum value to the stakeholders".
Stakeholders include Management, Employee, Vendors, INVESTORS, & others who directly or indirectly have vested interest in the firm.
(2/n)
Stakeholders include Management, Employee, Vendors, INVESTORS, & others who directly or indirectly have vested interest in the firm.
(2/n)
Any business that's not providing value as intended will be restructured. Hence, the 'Lifestyle retailing business - A men's wear brand (John Players)' was sold to Reliance Retail.
(3/n)
(3/n)
ITC is one amongst the 3 private players to contribute to the National treasury.
ITC has done a commendable job for being "Carbon positive', 'Water positive', and 'Solid waste recycling positive' for over a decade now.
(4/n)
ITC has done a commendable job for being "Carbon positive', 'Water positive', and 'Solid waste recycling positive' for over a decade now.
(4/n)
As per ESG ratings (Environment, Social and Corporate Governance) ITC limited has been ranked No.1 globally amongst its peers and No.3 on overall ESG performance grading.
(5/n)
(5/n)
As per MSCI-ESG (Morgan Stanley Capital International ESG), ITC ltd graded with 'AA' ranking. The highest among global tobacco companies.
(6/n)
(6/n)
ITC Ltd has provided Rs.215 crores fund as in COVID Contingency Fund to address those in need.
Also, with the help of local authorities. The company has distributed cooked meals, food, and hygiene products across 25 states & UT's
(7/n)
Also, with the help of local authorities. The company has distributed cooked meals, food, and hygiene products across 25 states & UT's
(7/n)
The "Savlon" sanitizer and allied product production were expanded up 275 times to provide the surging demand.
(8/n)
(8/n)
COVID has opened up a new chapter for 'Digitization'
Following the IT trend, ITC Infotech has developed appreciable domain-led expertise.
More into Cloud-technology, Social-media engagement, digital marketing & analytics platform.
(9/n)
Following the IT trend, ITC Infotech has developed appreciable domain-led expertise.
More into Cloud-technology, Social-media engagement, digital marketing & analytics platform.
(9/n)
ITC agri-business is amongst the largest in India contributing revenue of over Rs.10,200 crores.
The largest producer of Wheat in the private Sector - ITC Aashirvaad.
(10/n)
The largest producer of Wheat in the private Sector - ITC Aashirvaad.
(10/n)
A small initiative by ITC (collaboration with Indian farmers), where the company sources over 3 million tonnes of agri-products from 225 districts in 22 states.
E.g.: Wheat (Aashirvaad), Potato (Bingo), Fruits & Veggies (B Natural Juice),
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(11/n)
E.g.: Wheat (Aashirvaad), Potato (Bingo), Fruits & Veggies (B Natural Juice),
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(11/n)
E.g: Dairy products (Aashirvaad Svasto dairy products) Mild based beverages (Sunfeast Wonderz).
ITC supports nearly 3000 FPOs (Farmer Producer Organisation) & more than 10 lakh farmers across 21 states.
(12/n)
ITC supports nearly 3000 FPOs (Farmer Producer Organisation) & more than 10 lakh farmers across 21 states.
(12/n)
ITC Ltd R&D technology is standard, with the help of over 350 highly qualified scientists. Has filed over 900 patents.
I'll conclude here by saying one last thing I liked the most while reading the ITC ltd Annual report.
(13/n)
I'll conclude here by saying one last thing I liked the most while reading the ITC ltd Annual report.
(13/n)
The company over & again says about nationalism (directly or indirectly). Isn't that's what we call 'Pure Capitalism'. We concentrate on stakeholder's wealth whilst keeping National interest in mind
(14)
I'm Rakshith Pai, Check my website for more info. https://rakshithpai.com/
(14)
I'm Rakshith Pai, Check my website for more info. https://rakshithpai.com/
Here's one of my article on Value investing.
Here's one way to look at Financial statement.
Check out: https://rakshithpai.com/value-investing-the-charm-of-investing/
Here's one way to look at Financial statement.
Check out: https://rakshithpai.com/value-investing-the-charm-of-investing/
