IITL Projects Ltd

IITL Projects Ltd

₹ 39.9 -2.68%
10 Mar 9:40 a.m.
About

Incorporated in 2008, IITL Project Ltd is engaged in construction of Residential and Commercial complex[1]

Key Points

Business Overview:[1]
IITLPL, a subsidiary of Industrial Investment Trust Limited, operates in real estate, focusing on residential projects in NCR. It acquires land on long-term leases under BRS and provides consultancy services. The company also undertakes projects through four special-purpose vehicles alongside its developments.

  • Market Cap 19.9 Cr.
  • Current Price 39.9
  • High / Low 77.9 / 39.0
  • Stock P/E 398
  • Book Value -71.3
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Debtor days have improved from 103 to 24.8 days.

Cons

  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.6.13 Cr.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
0.39 0.83 0.12 0.16 0.39 0.76 0.43 0.68 0.58 0.81 0.50 0.00 0.00
0.46 1.93 0.20 0.35 0.41 4.26 0.60 1.04 -2.43 -1.03 0.48 0.18 0.16
Operating Profit -0.07 -1.10 -0.08 -0.19 -0.02 -3.50 -0.17 -0.36 3.01 1.84 0.02 -0.18 -0.16
OPM % -17.95% -132.53% -66.67% -118.75% -5.13% -460.53% -39.53% -52.94% 518.97% 227.16% 4.00%
19.53 0.00 1.38 0.01 3.09 1.60 0.04 0.06 19.38 4.54 0.52 0.50 0.57
Interest 1.21 1.21 1.32 1.32 1.32 1.32 1.45 1.45 1.45 1.45 1.59 1.61 1.61
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 18.25 -2.31 -0.02 -1.50 1.75 -3.22 -1.58 -1.75 20.94 4.93 -1.05 -1.29 -1.20
Tax % 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.83%
18.25 -2.31 -0.02 -1.50 1.75 -3.22 -1.58 -1.75 20.94 4.93 -1.05 -1.29 -1.21
EPS in Rs 36.57 -4.63 -0.04 -3.01 3.51 -6.45 -3.17 -3.51 41.96 9.88 -2.10 -2.58 -2.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
131.59 1.09 1.90 0.58 0.94 0.44 1.23 1.43 2.50 1.31
134.63 5.08 6.33 12.57 15.01 12.81 1.53 4.98 -3.96 -0.21
Operating Profit -3.04 -3.99 -4.43 -11.99 -14.07 -12.37 -0.30 -3.55 6.46 1.52
OPM % -2.31% -366.06% -233.16% -2,067.24% -1,496.81% -2,811.36% -24.39% -248.25% 258.40% 116.03%
1.34 3.82 -4.08 0.15 0.19 0.00 15.78 5.86 21.89 6.13
Interest 6.62 3.94 3.32 3.65 4.01 4.39 4.82 5.30 5.81 6.26
Depreciation 0.08 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00
Profit before tax -8.40 -4.12 -11.83 -15.49 -17.89 -16.76 10.65 -2.99 22.54 1.39
Tax % 2.14% 0.24% -0.25% 0.00% 0.06% 0.12% 0.00% 0.00% 0.00%
-8.56 -4.13 -11.80 -15.48 -17.90 -16.77 10.66 -2.99 22.54 1.38
EPS in Rs -17.15 -8.28 -23.64 -31.02 -35.87 -33.60 21.36 -5.99 45.16 2.78
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 34%
3 Years: 78%
TTM: -47%
Compounded Profit Growth
10 Years: %
5 Years: 18%
3 Years: 31%
TTM: 101%
Stock Price CAGR
10 Years: 6%
5 Years: 9%
3 Years: 33%
1 Year: -36%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.01 5.01 5.01 5.01 5.01 5.01 5.01 5.01 5.01 5.01
Reserves -5.00 -3.62 -15.41 -33.90 -51.79 -68.47 -57.81 -60.80 -38.26 -40.60
123.31 36.48 0.00 0.00 0.00 0.00 0.00 0.00 18.65 0.00
331.80 51.02 48.37 61.78 78.37 94.17 83.16 83.15 47.74 69.06
Total Liabilities 455.12 88.89 37.97 32.89 31.59 30.71 30.36 27.36 33.14 33.47
0.49 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 25.07 79.81 31.36 26.69 26.61 25.56 25.53 22.02 0.00 0.00
429.56 9.07 6.60 6.19 4.98 5.15 4.82 5.34 33.14 33.47
Total Assets 455.12 88.89 37.97 32.89 31.59 30.71 30.36 27.36 33.14 33.47

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-52.64 0.10 -0.04 0.71 -0.11 -0.76 -0.14 -0.03 -27.39
0.68 0.05 0.03 -0.46 -0.49 1.00 -0.01 0.02 27.40
40.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -11.03 0.15 -0.01 0.25 -0.61 0.24 -0.14 -0.01 0.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67.43 957.71 257.42 509.74 159.20 331.82 222.56 61.26 24.82
Inventory Days 2,601.93 1,140.25 7,530.53 3,039.33 5,098.23 1,348.91 983.91 126.96
Days Payable 1,063.71 135.74 941.32 252.69 447.42 122.99 87.28 15.87
Cash Conversion Cycle 67.43 2,495.92 1,261.93 7,098.95 2,945.84 4,982.62 1,448.48 957.89 135.91
Working Capital Days 440.00 -15,219.50 -1,033.53 -9,810.95 -10,938.35 -32,974.43 -7,163.50 -5,260.59 -2,642.60
ROCE % 9.67% -18.27%

Insights

In beta
Mar 2015Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Leasehold Area Allotted
sq. meters

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Total Permanent Employees
Numbers ・Standalone data
Residential Units Sold - Express Park View II (Phase I)
Units
Residential Units Sold - The Golden Palms
Units
Residential Units Sold - The Hyde Park
Units
Land Area Surrendered to YEIDA (Palm Village)
sq. meters
Total Planned Residential Units - Portfolio
Units

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74% 71.74%
28.26% 28.26% 28.26% 28.26% 28.26% 28.26% 28.27% 28.25% 28.26% 28.26% 28.26% 28.27%
No. of Shareholders 6836726907086687568291,0651,0481,0301,0411,035

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