The Investment Trust of India Ltd

The Investment Trust of India Ltd

₹ 144 -1.64%
12 Apr 4:05 p.m.
About

The Investment Trust of India Limited is a Financial Services conglomerate offering a range of products and services from Lending, Equities and Derivatives trading, Equity Research, Commodities Trading, Portfolio Management Services etc. [1]

Key Points

Business Segments
Financing activities: Co. provides 3 Wheeler & Commercial Vehicle Finance, Gold Loan, Micro Business Loan, Personal Loan For Students & Faculty, Education Loan etc. [1]
Trading Activities: Co. provides options in Capital Markets, Corporate Advisory, and Start-up Advisory. [2]
Broking and related services: Co. provides broking via Iti Securities Broking Limited and Antique Stock Broking Limited. [3]
Investment services: Co. provides Debt Securities via ITI Gilts, Growth Opportunities Fund which invests in startups and The ITI Long-short Equity Fund. [4]
Mutual Fund: Co. provides diverse mutual fund options like Equity, Debt and Hybrid funds. [5]

  • Market Cap 748 Cr.
  • Current Price 144
  • High / Low 172 / 70.5
  • Stock P/E 26.5
  • Book Value 124
  • Dividend Yield 0.00 %
  • ROCE 4.54 %
  • ROE 1.86 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -1.52% over past five years.
  • Company has a low return on equity of 1.54% over last 3 years.
  • Contingent liabilities of Rs.243 Cr.
  • Earnings include an other income of Rs.26.6 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.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
73.58 107.20 79.27 90.55 74.74 79.50 78.04 78.95 66.56 78.40 57.92 76.50 66.82
62.57 97.02 69.06 75.70 72.89 74.81 84.45 68.42 64.38 63.04 57.23 58.62 56.49
Operating Profit 11.01 10.18 10.21 14.85 1.85 4.69 -6.41 10.53 2.18 15.36 0.69 17.88 10.33
OPM % 14.96% 9.50% 12.88% 16.40% 2.48% 5.90% -8.21% 13.34% 3.28% 19.59% 1.19% 23.37% 15.46%
8.89 8.18 3.29 12.13 0.79 4.23 10.16 2.63 5.80 7.86 7.89 3.35 7.52
Interest 10.94 8.78 9.12 8.95 5.67 5.11 3.67 3.60 3.27 3.95 5.41 6.95 6.81
Depreciation 2.44 2.02 2.26 2.47 2.85 3.63 2.59 2.77 2.93 3.51 2.58 2.82 2.86
Profit before tax 6.52 7.56 2.12 15.56 -5.88 0.18 -2.51 6.79 1.78 15.76 0.59 11.46 8.18
Tax % 10.43% 57.01% 78.30% 38.11% -34.35% 511.11% -89.24% 57.00% 87.08% 16.43% 288.14% 9.77% 24.57%
5.84 3.25 0.46 9.62 -7.89 -0.73 -4.74 2.92 0.23 13.17 -1.11 10.33 6.17
EPS in Rs 1.15 0.60 0.12 1.68 -1.55 0.05 -0.90 0.57 0.05 2.49 -0.25 1.98 1.15
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
80 62 55 159 133 168 335 640 463 335 333 311 280
57 55 38 109 111 119 245 502 396 269 291 280 235
Operating Profit 23 7 17 50 22 49 90 138 67 66 42 30 44
OPM % 29% 11% 31% 31% 16% 29% 27% 22% 14% 20% 13% 10% 16%
-0 0 5 0 9 10 36 30 4 9 10 18 27
Interest 22 19 20 37 15 11 52 109 60 41 29 14 23
Depreciation 2 2 3 9 8 8 9 10 12 10 11 12 12
Profit before tax -1 -13 -0 4 7 40 67 49 -2 25 12 22 36
Tax % -87% 5% -635% 48% 56% 26% -21% 16% -200% 38% 88% 47%
-2 -13 -1 2 6 30 80 41 -7 15 1 12 29
EPS in Rs -0.95 -5.44 -0.53 0.29 1.11 5.55 15.09 6.92 -1.02 2.93 0.31 2.20 5.37
Dividend Payout % -29% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 17%
5 Years: -2%
3 Years: -12%
TTM: -8%
Compounded Profit Growth
10 Years: 11%
5 Years: -32%
3 Years: 56%
TTM: 1328%
Stock Price CAGR
10 Years: 9%
5 Years: -5%
3 Years: 18%
1 Year: 102%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 2%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 13 13 13 28 28 51 51 51 51 52 52 52 52
Reserves 103 90 149 191 201 411 486 531 534 549 549 584 593
Preference Capital -0 -0 -0 -0 -0 -0 -0 8 21 22 24 6
150 122 190 460 71 367 698 635 373 262 127 194 279
111 76 149 140 94 283 359 336 230 277 279 287 203
Total Liabilities 377 302 501 820 394 1,112 1,594 1,553 1,188 1,141 1,007 1,118 1,127
6 4 33 31 24 18 24 20 35 23 39 38 35
CWIP -0 -0 1 0 0 -0 0 0 0 0 0 0 -0
Investments 9 13 6 9 70 401 160 166 167 183 233 260 232
363 285 461 780 300 693 1,410 1,367 986 935 734 820 860
Total Assets 377 302 501 820 394 1,112 1,594 1,553 1,188 1,141 1,007 1,118 1,127

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 41 -92 -265 449 -188 -452 147 315 249 302 -97
-0 -0 -26 -11 -55 -35 -34 94 1 -12 -52 -25
-6 -38 116 291 -404 489 274 -246 -343 -145 -186 66
Net Cash Flow -6 2 -3 15 -10 266 -212 -6 -26 91 64 -57

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 291 101 431 90 142 303 68 58 63 59 87 67
Inventory Days 149 79 167 179 29 391
Days Payable 307 151 294 1,050 781 990
Cash Conversion Cycle 291 101 431 90 142 303 -90 -14 -64 -812 -665 -532
Working Capital Days 380 496 407 475 246 257 1,052 419 367 363 87 233
ROCE % 8% 2% 7% 8% 4% 8% 10% 12% 5% 7% 5% 5%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
73.13% 73.13% 73.13% 73.13% 73.13% 73.13% 72.12% 72.12% 72.12% 72.12% 72.12% 72.12%
4.18% 4.18% 4.18% 4.18% 6.64% 6.64% 6.55% 6.55% 6.55% 6.55% 6.55% 6.55%
22.69% 22.69% 22.69% 22.69% 20.23% 20.23% 21.32% 21.32% 21.34% 21.33% 21.33% 21.33%
No. of Shareholders 3,3683,7714,5164,6614,4904,4854,5824,5264,4784,6374,6724,555

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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