Innovative Tech Pack Ltd

Innovative Tech Pack Ltd

₹ 40.5 3.42%
25 Jul 10:31 a.m.
About

Incorporated in 1989, Innovative Tech Pack Ltd is a manufacturer of plastic packaging products

Key Points

Business Overview:[1]
Company is business of Manufacturing, Customizing & Reselling of Plastic Bottles, Jars, Containers, and Preforms & its Caps

  • Market Cap 90.9 Cr.
  • Current Price 40.5
  • High / Low 42.3 / 16.7
  • Stock P/E 50.8
  • Book Value 15.9
  • Dividend Yield 0.00 %
  • ROCE 10.4 %
  • ROE 5.15 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.28% over past five years.
  • Company has a low return on equity of -6.04% over last 3 years.

* 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: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
41.52 39.72 36.83 40.52 40.97 42.69 38.61 38.00 39.07 37.92 36.95 32.68 34.82
39.56 37.60 34.69 36.95 37.67 38.72 36.74 34.40 36.67 34.23 32.87 30.21 31.49
Operating Profit 1.96 2.12 2.14 3.57 3.30 3.97 1.87 3.60 2.40 3.69 4.08 2.47 3.33
OPM % 4.72% 5.34% 5.81% 8.81% 8.05% 9.30% 4.84% 9.47% 6.14% 9.73% 11.04% 7.56% 9.56%
-0.77 0.06 0.05 0.03 0.52 0.40 0.43 0.27 0.69 0.13 0.44 0.09 0.36
Interest 2.49 1.97 2.24 1.76 2.53 1.43 1.51 2.10 1.34 0.97 1.31 1.50 1.57
Depreciation 2.60 2.47 2.56 2.62 3.44 2.38 1.99 2.83 1.47 1.86 1.92 1.71 1.96
Profit before tax -3.90 -2.26 -2.61 -0.78 -2.15 0.56 -1.20 -1.06 0.28 0.99 1.29 -0.65 0.16
Tax % -16.15% 0.00% 0.00% 0.00% -16.74% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-3.27 -2.26 -2.61 -0.78 -1.80 0.55 -1.20 -1.06 0.27 0.99 1.29 -0.65 0.16
EPS in Rs -1.46 -1.01 -1.16 -0.35 -0.80 0.24 -0.53 -0.47 0.12 0.44 0.57 -0.29 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
61 76 75 90 102 124 144 150 144 158 158 142
49 65 63 74 78 100 122 126 129 146 147 129
Operating Profit 12 11 13 16 24 24 22 24 15 12 12 14
OPM % 20% 14% 17% 18% 23% 19% 16% 16% 10% 8% 7% 10%
-3 -1 -0 -1 2 -0 1 1 2 -0 2 1
Interest 1 3 4 4 7 9 9 11 8 8 6 5
Depreciation 7 6 6 6 8 10 11 12 10 11 9 7
Profit before tax 1 2 3 5 11 5 4 3 -2 -8 -1 2
Tax % 0% 0% 0% 26% 20% 36% 38% 29% -31% -5% 0% 0%
1 2 3 3 9 3 3 2 -1 -7 -1 2
EPS in Rs 0.25 0.84 1.53 1.56 4.18 1.46 1.19 0.89 -0.61 -3.32 -0.64 0.80
Dividend Payout % 0% 0% 7% 10% 6% 7% 13% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 0%
3 Years: 0%
TTM: -10%
Compounded Profit Growth
10 Years: -8%
5 Years: -7%
3 Years: 52%
TTM: 201%
Stock Price CAGR
10 Years: -5%
5 Years: 22%
3 Years: 25%
1 Year: 130%
Return on Equity
10 Years: 5%
5 Years: -3%
3 Years: -6%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 2 2 2 2 2 2 2 2 2 2 2
Reserves 19 21 24 27 36 39 42 43 40 33 32 33
13 15 18 33 42 42 47 37 48 38 38 30
11 14 14 17 20 22 26 39 39 41 35 34
Total Liabilities 46 52 58 80 100 104 116 121 130 115 106 100
20 22 24 40 59 60 69 62 64 61 53 46
CWIP 0 0 0 2 0 0 0 4 1 0 0 0
Investments 0 1 1 6 2 9 2 2 0 0 0 0
25 29 33 32 39 35 46 53 64 55 54 54
Total Assets 46 52 58 80 100 104 116 121 130 115 106 100

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 4 13 18 22 25 21 36 6 22 7 14
-13 -7 -7 -32 -19 -18 -16 -11 -8 -5 -0 -0
3 5 -5 13 -0 -11 -4 -23 0 -17 -7 -12
Net Cash Flow -0 2 0 -1 3 -4 1 2 -2 -1 0 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 77 62 66 48 58 55 55 51 66 46 50 45
Inventory Days 32 38 32 38 62 48 51 59 69 57 48 73
Days Payable 93 48 74 48 95 91 86 133 130 108 89 107
Cash Conversion Cycle 16 53 24 38 25 13 20 -23 5 -6 9 11
Working Capital Days 18 53 32 14 11 -1 3 -12 39 10 25 27
ROCE % 18% 18% 20% 20% 25% 18% 15% 16% 7% 2% 6% 10%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
25.58% 25.58% 25.58% 25.58% 25.58% 25.58% 25.57% 25.58% 25.57% 25.58% 25.58% 25.58%
No. of Shareholders 13,55213,48813,81313,83613,82613,74313,75813,67013,61313,63413,79214,027

* 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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