How has been the historical performance of Innovative Tech?
Innovative Tech's historical performance shows mixed results, with net sales increasing to 150.03 Cr in Mar'20, but profit before tax decreased to 2.82 Cr. While total assets and cash flow improved, profitability metrics indicated challenges in maintaining consistent profit levels.
Answer:The historical performance of Innovative Tech shows a mixed trend over the years, with fluctuations in key financial metrics.Breakdown:
Innovative Tech's net sales increased from 144.38 Cr in Mar'19 to 150.03 Cr in Mar'20, following a slight dip from 148.14 Cr in Mar'18. The total operating income mirrored this trend, reaching 150.03 Cr in Mar'20. However, total expenditure also rose to 127.60 Cr in Mar'20 from 121.89 Cr in Mar'19, leading to an operating profit (PBDIT) of 24.03 Cr, which was a slight increase from 23.61 Cr in the previous year. Profit before tax decreased to 2.82 Cr in Mar'20 from 4.35 Cr in Mar'19, resulting in a profit after tax of 2.01 Cr, down from 2.67 Cr. The consolidated net profit showed a recovery to 4.27 Cr in Mar'20 from 2.74 Cr in Mar'19. The company's total assets grew to 122.97 Cr in Mar'20, up from 117.47 Cr in Mar'19, while total liabilities also increased to 122.97 Cr. Cash flow from operating activities improved to 36.00 Cr in Mar'20 from 23.00 Cr in Mar'19, contributing to a net cash inflow of 1.00 Cr in Mar'20. Overall, while Innovative Tech experienced growth in sales and operating cash flow, profitability metrics reflected challenges in maintaining consistent profit levels.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
