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Innovative Tech

  • Market Cap: Micro Cap
  • Industry: Plastic Products
  • ISIN: INE965C01038
  • NSEID:
  • BSEID: 523840
INR
22.32
0.02 (0.09%)
BSENSE

Apr 11, 12:45 PM

BSE+NSE Vol: 551

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

551 (-84.57%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.06%

Held by 0 DIIs

Promoter

74.36%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -4.86% CAGR growth in Operating Profits over the last 5 years

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.77
  • The company has been able to generate a Return on Equity (avg) of 2.17% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Bearish range

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Plastic Products

stock-summary
Market cap

INR 51 Cr (Micro Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.59

stock-summary
Return on Equity

8.23%

stock-summary
Price to Book

1.20

Revenue and Profits (1 Year):
Net Sales:
31 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-39.71%
0%
-39.71%
1 Year
-25.25%
0%
-25.25%
2 Years
39.85%
0%
39.85%
3 Years
18.1%
0%
18.1%
4 Years
24.0%
0%
24.0%
5 Years
150.51%
0%
150.51%

Latest dividend: 0.15 per share ex-dividend date: Sep-20-2019

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-2.48%
EBIT Growth (5y)
-4.86%
EBIT to Interest (avg)
0.77
Debt to EBITDA (avg)
2.02
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.08
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
10.50%
ROE (avg)
2.17%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
33
Price to Book Value
1.20
EV to EBIT
9.55
EV to EBITDA
5.18
EV to Capital Employed
1.12
EV to Sales
0.55
PEG Ratio
0.18
Dividend Yield
NA
ROCE (Latest)
10.95%
ROE (Latest)
8.23%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (0.06%)

FIIs

Held by 0 FIIs

Promoter with highest holding

K Satish Rao (71.26%)

Highest Public shareholder

Renu . (1.2%)

Individual Investors Holdings

23.77%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -5.02% vs -14.00% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 133.85% vs 38.68% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "31.04",
          "val2": "32.68",
          "chgp": "-5.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.84",
          "val2": "2.47",
          "chgp": "14.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.15",
          "val2": "1.50",
          "chgp": "-23.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.22",
          "val2": "-0.65",
          "chgp": "133.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.15%",
          "val2": "7.56%",
          "chgp": "1.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -7.20% vs -7.90% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 34.21% vs 456.25% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "69.48",
          "val2": "74.87",
          "chgp": "-7.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.27",
          "val2": "7.77",
          "chgp": "6.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.22",
          "val2": "2.28",
          "chgp": "-2.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.06",
          "val2": "2.28",
          "chgp": "34.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.90%",
          "val2": "10.38%",
          "chgp": "1.52%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -6.54% vs -9.84% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 101.23% vs 195.88% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "100.52",
          "val2": "107.55",
          "chgp": "-6.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.11",
          "val2": "10.24",
          "chgp": "8.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.37",
          "val2": "3.78",
          "chgp": "-10.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.28",
          "val2": "1.63",
          "chgp": "101.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.05%",
          "val2": "9.52%",
          "chgp": "1.53%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -10.10% vs 0.20% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 225.17% vs 80.81% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "142.37",
          "val2": "158.36",
          "chgp": "-10.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.58",
          "val2": "11.83",
          "chgp": "14.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.35",
          "val2": "6.38",
          "chgp": "-16.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.79",
          "val2": "-1.43",
          "chgp": "225.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.54%",
          "val2": "7.47%",
          "chgp": "2.07%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
31.04
32.68
-5.02%
Operating Profit (PBDIT) excl Other Income
2.84
2.47
14.98%
Interest
1.15
1.50
-23.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.22
-0.65
133.85%
Operating Profit Margin (Excl OI)
9.15%
7.56%
1.59%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -5.02% vs -14.00% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 133.85% vs 38.68% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
69.48
74.87
-7.20%
Operating Profit (PBDIT) excl Other Income
8.27
7.77
6.44%
Interest
2.22
2.28
-2.63%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.06
2.28
34.21%
Operating Profit Margin (Excl OI)
11.90%
10.38%
1.52%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -7.20% vs -7.90% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 34.21% vs 456.25% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
100.52
107.55
-6.54%
Operating Profit (PBDIT) excl Other Income
11.11
10.24
8.50%
Interest
3.37
3.78
-10.85%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.28
1.63
101.23%
Operating Profit Margin (Excl OI)
11.05%
9.52%
1.53%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -6.54% vs -9.84% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 101.23% vs 195.88% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
142.37
158.36
-10.10%
Operating Profit (PBDIT) excl Other Income
13.58
11.83
14.79%
Interest
5.35
6.38
-16.14%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.79
-1.43
225.17%
Operating Profit Margin (Excl OI)
9.54%
7.47%
2.07%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -10.10% vs 0.20% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 225.17% vs 80.81% in Mar 2023

stock-summaryCompany CV
About Innovative Tech Pack Ltd stock-summary
stock-summary
Innovative Tech Pack Ltd
Micro Cap
Plastic Products
Established in 1989 by Sayaji Rao Ketineni, Innovative Tech Pack Limited, a Delhi-based company was one of the pioneers in the Indian plastic packaging industry in the late eighties when this industry was still an emerging one. The Company is involved in Manufacturing & Reselling of Plastic Bottles, Jars, Containers, and Preforms & its Caps. It has 3 state-of-the-art manufacturing plants in Rudrapur, Baddi and Guwahati.
Company Coordinates stock-summary
Company Details
51 Roz-Ka-Meo Industrial Area, Sohna Gurgaon Haryana : 122103
stock-summary
Tel: 91-0120-7195236-239
stock-summary
grievence@itpalgroup.com
Registrar Details
Beetal Financial & Computer Services (P) Ltd , Beetal House , 99 Mandangir, 3rd Floor, Behind Local Shopping Centre, Near Dada Harsukhdas Mandir, New Delhi