Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.95 | 32.68 | 34.82 | 34.12 | 35.36 | 31.04 | 33.57 | 32.58 | 28.87 | 32.46 | 33.20 | 35.95 |
| Expenses | 32.87 | 30.21 | 31.49 | 29.96 | 31.24 | 28.20 | 34.53 | 29.47 | 27.84 | 29.39 | 29.44 | 34.82 |
| Operating Profit | 4.08 | 2.47 | 3.33 | 4.16 | 4.12 | 2.84 | -0.96 | 3.11 | 1.03 | 3.07 | 3.76 | 1.13 |
| OPM % | 11.04% | 7.56% | 9.56% | 12.19% | 11.65% | 9.15% | -2.86% | 9.55% | 3.57% | 9.46% | 11.33% | 3.14% |
| Other Income | 0.44 | 0.09 | 0.36 | 0.08 | 0.03 | 0.06 | 0.43 | 0.11 | 0.07 | 0.22 | 0.64 | 0.11 |
| Interest | 1.31 | 1.50 | 1.57 | 1.20 | 1.02 | 1.15 | 1.18 | 0.63 | 0.91 | 0.89 | 2.57 | 0.91 |
| Depreciation | 1.92 | 1.71 | 1.96 | 1.53 | 1.58 | 1.53 | 1.58 | 1.27 | 1.29 | 1.27 | 1.31 | 1.11 |
| Profit before tax | 1.29 | -0.65 | 0.16 | 1.51 | 1.55 | 0.22 | -3.29 | 1.32 | -1.10 | 1.13 | 0.52 | -0.78 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 1.29 | -0.65 | 0.16 | 1.51 | 1.55 | 0.22 | -3.29 | 1.32 | -1.10 | 1.13 | 0.52 | -0.78 |
| EPS in Rs | 0.57 | -0.29 | 0.07 | 0.67 | 0.69 | 0.10 | -1.46 | 0.59 | -0.49 | 0.50 | 0.23 | -0.35 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90 | 102 | 124 | 144 | 150 | 144 | 158 | 158 | 142 | 134 | 127 | 130 |
| Expenses | 74 | 78 | 100 | 122 | 126 | 129 | 146 | 147 | 129 | 124 | 116 | 121 |
| Operating Profit | 16 | 24 | 24 | 22 | 24 | 15 | 12 | 12 | 14 | 10 | 11 | 9 |
| OPM % | 18% | 23% | 19% | 16% | 16% | 10% | 8% | 7% | 10% | 8% | 9% | 7% |
| Other Income | -1 | 2 | -0 | 1 | 1 | 2 | -0 | 2 | 1 | 1 | 1 | 1 |
| Interest | 4 | 7 | 9 | 9 | 11 | 8 | 8 | 6 | 5 | 5 | 5 | 5 |
| Depreciation | 6 | 8 | 10 | 11 | 12 | 10 | 11 | 9 | 7 | 6 | 5 | 5 |
| Profit before tax | 5 | 11 | 5 | 4 | 3 | -2 | -8 | -1 | 2 | -0 | 2 | -0 |
| Tax % | 26% | 20% | 36% | 38% | 29% | -31% | -5% | 0% | 0% | 0% | 0% | |
| Net Profit | 3 | 9 | 3 | 3 | 2 | -1 | -7 | -1 | 2 | -0 | 2 | -0 |
| EPS in Rs | 1.56 | 4.18 | 1.46 | 1.19 | 0.89 | -0.61 | -3.32 | -0.64 | 0.80 | -0.01 | 0.83 | -0.11 |
| Dividend Payout % | 10% | 6% | 7% | 13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | -2% | -7% | -2% | ||
| Compounded Profit Growth | -11% | 27% | 42% | -15% | ||
| Stock Price CAGR | -11% | -3% | -12% | -38% | ||
| Return on Equity | 3% | -3% | 2% | 4% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 24 | 27 | 37 | 39 | 42 | 43 | 40 | 33 | 32 | 33 | 33 | 35 |
| Borrowings | 18 | 33 | 42 | 42 | 47 | 37 | 48 | 38 | 38 | 31 | 26 | 20 |
| Other Liabilities | 14 | 17 | 19 | 21 | 26 | 39 | 39 | 41 | 35 | 34 | 22 | 29 |
| Total Liabilities | 58 | 80 | 100 | 104 | 116 | 121 | 130 | 115 | 106 | 100 | 84 | 86 |
| Fixed Assets | 24 | 40 | 59 | 60 | 69 | 62 | 64 | 61 | 53 | 46 | 39 | 35 |
| CWIP | 0 | 2 | 0 | 0 | 0 | 4 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 6 | 2 | 9 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 33 | 32 | 39 | 35 | 46 | 53 | 64 | 55 | 54 | 54 | 44 | 51 |
| Total Assets | 58 | 80 | 100 | 104 | 116 | 121 | 130 | 115 | 106 | 100 | 84 | 86 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 13 | 18 | 22 | 25 | 21 | 36 | 6 | 22 | 7 | 14 | 5 | 12 |
| Cash from Investing Activity | -7 | -32 | -19 | -18 | -16 | -11 | -8 | -5 | -0 | -0 | 2 | -1 |
| Cash from Financing Activity | -5 | 13 | -0 | -11 | -4 | -23 | 0 | -17 | -7 | -12 | -9 | -11 |
| Net Cash Flow | 0 | -1 | 3 | -4 | 1 | 2 | -2 | -1 | 0 | 1 | -1 | 0 |
| Free Cash Flow | 5 | -7 | -3 | 15 | 0 | 24 | -3 | 17 | 6 | 14 | 6 | 11 |
| CFO/OP | 99% | 113% | 101% | 110% | 99% | 151% | 36% | 179% | 56% | 104% | 54% | 110% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 48 | 58 | 55 | 55 | 51 | 66 | 46 | 50 | 45 | 32 | 65 |
| Inventory Days | 32 | 38 | 62 | 48 | 51 | 59 | 69 | 57 | 48 | 73 | 100 | 95 |
| Days Payable | 74 | 48 | 95 | 91 | 86 | 133 | 130 | 108 | 89 | 107 | 83 | 121 |
| Cash Conversion Cycle | 24 | 38 | 25 | 13 | 20 | -23 | 5 | -6 | 9 | 11 | 49 | 38 |
| Working Capital Days | 5 | -1 | -9 | -26 | -36 | -19 | -13 | -7 | 1 | -1 | 34 | 28 |
| ROCE % | 20% | 20% | 25% | 18% | 15% | 16% | 7% | 2% | 6% | 10% | 6% | 11% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% |
| DIIs | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 25.57% | 25.58% | 25.58% | 25.58% | 25.58% | 25.58% | 25.57% | 25.58% | 25.58% | 25.59% | 25.59% | 25.57% |
| No. of Shareholders | 13,613 | 13,634 | 13,792 | 14,027 | 14,507 | 14,548 | 14,527 | 14,402 | 14,329 | 14,223 | 14,159 | 14,143 |
Fundamentals
Market Cap₹ 33.1 Cr.
Current Price₹ 14.8
Book Value₹ 16.7
ROCE11.0 %
ROE4.24 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)-15%
Standalone figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 49 Cr
Price to book0.85x
Price to sales0.24x
EV / EBITDA4.84x
EV / EBIT9.61x
EV / sales0.37x
Price to cash flow2.62x
Earnings yield-0.72%
P/E, 3-year average22.58x
P/B, 3-year average1.23x
P/E, 5-year average22.58x
P/B, 5-year average1.15x
Profitability
Operating margin (excl. other income)8.63%
Operating margin (incl. other income)9.46%
EBITDA margin7.69%
Pre-tax margin-0.18%
Net profit margin-0.18%
Net margin, latest quarter-2.17%
ROE5.11%
ROCE11.53%
ROA2.20%
ROE, 3-year average3.40%
ROCE, 3-year average9.66%
ROA, 3-year average1.30%
ROE, 5-year average-2.60%
ROCE, 5-year average7.33%
ROA, 5-year average-0.69%
ROIC (approx.)9.31%
Other income / net worth2.80%
Growth
Sales growth (latest year)-5.21%
Sales CAGR, 3 years-7.06%
Sales CAGR, 5 years-2.49%
Sales growth QoQ8.28%
Profit growth QoQ-250.00%
Sales growth YoY (latest quarter)10.34%
Profit growth YoY (latest quarter)-159.09%
Per share
EPS (TTM)Rs -0.10
EPS (latest year)Rs 0.83
EPS (latest quarter)Rs -0.35
EPS, 3-year averageRs 0.54
EPS, 5-year averageRs -0.47
Book value per shareRs 16.69
Sales per shareRs 58.08
Cash flow per shareRs 5.40
Free cash flow per shareRs 4.90
Efficiency
Asset turnover1.47x
Fixed asset turnover3.61x
Inventory turnover4.89x
Inventory days75 days
Debtor days65 days
Debtors turnover5.65x
Creditor days121 days
Cash conversion cycle38 days
Working capital days28 days
Leverage
Total debtRs 20 Cr
Cash and bankRs 3 Cr
Net debtRs 17 Cr
Debt to equity0.53x
Net debt / EBITDA1.67x
Interest coverage0.96x
Owners' fund to total sources43.38%
Debt to assets23.09%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -11 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 11 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Sales to cash flow10.49x
Statement figures
Net sales (TTM)Rs 130 Cr
Net sales (latest year)Rs 127 Cr
Sales (latest quarter)Rs 36 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs -0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 100 Cr
Total expenditure (latest year)Rs 116 Cr
Total income (latest year)Rs 128 Cr
Share capitalRs 2 Cr
ReservesRs 35 Cr
Shareholders' fundsRs 38 Cr
Total assetsRs 86 Cr
Net blockRs 35 Cr
ReceivablesRs 22 Cr
InventoryRs 20 Cr
Other liabilitiesRs 29 Cr
Shares outstanding (crore)2.25
Ownership
Promoter holding74.36% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.85 is at the 19th percentile (median 1.14).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 523840 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.3% | -2.8% | -2.5 pts |
| 1 month | -5.7% | -6.8% | +1.1 pts |
| 3 months | +6.1% | -7.6% | +13.7 pts |
| 3 years | -36.3% | +14.2% | -50.5 pts |
| 5 years | -17.6% | +27.9% | -45.4 pts |
Red flags
F-score 7 of 8| explain | Receivables outrunning sales Receivables grew 94% vs sales -5% in 2026 |
| explain | Low interest cover Interest cover 1.4x in 2026 |
| look | Profit leans on other income Other income was 56% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹36 Cr +10.3% vs Jun 2025.
Net loss ₹1 Cr.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Innovative Tech Pack Ltd?
Innovative Tech Pack Ltd (523840) has a market capitalisation of Rs 33.1 Cr. at the 2026-10-01 close.
What were Innovative Tech Pack Ltd's latest quarterly results?
In the Jun 2026 quarter, Innovative Tech Pack Ltd sales was Rs 36 Cr (+10.3% vs Jun 2025) with a net loss of Rs 1 Cr.