Innovative Tech Pack Ltd
Incorporated in 1989, Innovative Tech Pack Ltd is a manufacturer of packaging products
of plastics.[1]
- Market Cap ₹ 31.5 Cr.
- Current Price ₹ 14.0
- High / Low ₹ 25.3 / 12.8
- Stock P/E
- Book Value ₹ 16.7
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 4.24 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Stock is trading at 0.84 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.49% over past five years.
- Company has a low return on equity of 2.34% over last 3 years.
- Debtor days have increased from 47.2 to 64.6 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75 | 90 | 102 | 124 | 144 | 150 | 144 | 158 | 158 | 142 | 134 | 127 | 130 | |
| 63 | 74 | 78 | 100 | 122 | 126 | 129 | 146 | 147 | 129 | 124 | 116 | 121 | |
| Operating Profit | 13 | 16 | 24 | 24 | 22 | 24 | 15 | 12 | 12 | 14 | 10 | 11 | 9 |
| OPM % | 17% | 18% | 23% | 19% | 16% | 16% | 10% | 8% | 7% | 10% | 8% | 9% | 7% |
| -0 | -1 | 2 | -0 | 1 | 1 | 2 | -0 | 2 | 1 | 1 | 1 | 1 | |
| Interest | 4 | 4 | 7 | 9 | 9 | 11 | 8 | 8 | 6 | 5 | 5 | 5 | 5 |
| Depreciation | 6 | 6 | 8 | 10 | 11 | 12 | 10 | 11 | 9 | 7 | 6 | 5 | 5 |
| Profit before tax | 3 | 5 | 11 | 5 | 4 | 3 | -2 | -8 | -1 | 2 | -0 | 2 | -0 |
| Tax % | 0% | 26% | 20% | 36% | 38% | 29% | -31% | -5% | 0% | 0% | 0% | 0% | |
| 3 | 3 | 9 | 3 | 3 | 2 | -1 | -7 | -1 | 2 | -0 | 2 | -0 | |
| EPS in Rs | 1.53 | 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 % | 7% | 10% | 6% | 7% | 13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -2% |
| 3 Years: | -7% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | 27% |
| 3 Years: | 42% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -4% |
| 3 Years: | -14% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -3% |
| 3 Years: | 2% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 18 | 33 | 42 | 42 | 47 | 37 | 48 | 38 | 38 | 31 | 26 | 20 | |
| 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 |
| 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 |
| 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 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | 18 | 22 | 25 | 21 | 36 | 6 | 22 | 7 | 14 | 5 | 12 | |
| -7 | -32 | -19 | -18 | -16 | -11 | -8 | -5 | -0 | -0 | 2 | -1 | |
| -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% |
Ratios
Standalone / View Consolidated
| 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% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Plants count |
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| Number of Permanent Employees count |
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| PET Installed Capacity TPA |
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| Polypropylene Processing Capacity TPA |
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| Top Customer Revenue Concentration % |
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| Number of Production Machines count |
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Extracted by Screener AI
Documents
Announcements
- Voting Results For The 37Th Annual General Meeting Of The Company
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Innovative Tech Pack reported 37th AGM results on 30 Sep 2026; all resolutions passed.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- 37th AGM held on 30 Sep 2026; adopted financials, approved director re-election and secretarial auditor.
-
Announcement under Regulation 30 (LODR)-Change in Management
- AGM approved Neeraj Bajaj & Associates as Secretarial Auditor for FY2026-27 to FY2030-31.
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Business Overview:[1]
ITPL manufactures polyethyleneterephthalate (PET) bottles, jars,
containers, and pre-forms and its caps, etc. for the fast-moving
consumer goods, food and beverages and pharmaceutical industries.