IITL Projects

Why is IITL Projects Ltd falling/rising?

As of 01-Sep, IITL Projects Ltd's stock price is declining at 50.66, down -1.99%, primarily due to poor financial performance, a negative book value, and significant underperformance compared to the benchmark Sensex. Despite some increased investor participation, overall sentiment remains negative.

As of 01-Sep, IITL Projects Ltd is experiencing a decline in its stock price, currently at 50.66, which reflects a change of -1.03 or -1.99%. This downward movement can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark Sensex, with a one-week decline of -7.72% against the Sensex's -0.92%. Over the past year, the stock has generated a return of -15.57%, while the broader market has seen a positive return of 2.32%. This stark contrast indicates that investor confidence in IITL Projects Ltd is waning.<BR><BR>Moreover, the company's financial health is concerning, as it has a negative book value of Rs 35.59 crore, which suggests weak long-term fundamental strength. The company has reported poor growth metrics, with net sales declining at an annual rate of -10.95% and operating profit stagnating at 0% over the last five years. Recent financial results have also been disappointing, with a significant drop in profit after tax (PAT) of -2205.6% and the lowest recorded PBDIT at Rs -4.15 crore.<BR><BR>Despite some positive indicators, such as rising investor participation with an 18.02% increase in delivery volume, the overall sentiment remains negative due to the company's weak fundamentals and erratic trading patterns. The stock's performance today has underperformed its sector by -1.42%, further contributing to the downward trend. <BR><BR>In summary, the combination of poor financial performance, negative book value, and underperformance relative to the market are key reasons for the falling stock price of IITL Projects Ltd.

Which are the latest news on IITL Projects?

Who are in the management team of IITL Projects?

The management team of IITL Projects consists of B Samal (Chairman & Non-Executive Director), Bipin Agarwal (Non-Executive & Non-Independent Director), and three Independent Non-Executive Directors: Venkatesan Narayanan, Milind Sitaram Desai, and Sujata Chattopadhyay.

The management team of IITL Projects includes the following individuals:<BR><BR>1. **B Samal** - Chairman (Non-Executive) & Director (Non-Independent)<BR>2. **Bipin Agarwal** - Non-Executive & Non-Independent Director<BR>3. **Venkatesan Narayanan** - Independent Non-Executive Director<BR>4. **Milind Sitaram Desai** - Independent Non-Executive Director<BR>5. **Sujata Chattopadhyay** - Independent Non-Executive Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does IITL Projects do?

IITL Projects Ltd is a micro-cap company in the realty industry, incorporated in 1994, with a recent net profit of -4 Cr and a market cap of INR 26 Cr. The company has a P/E ratio of 516.00 and a debt-equity ratio of 0.76.

Overview:<BR>IITL Projects Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History:<BR>IITL Projects Ltd was incorporated on October 26, 1994, and was formerly known as Indo Green Projects Limited until it changed its name on October 18, 2010. The latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -4 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 26 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 516.00<BR>Industry P/E: 62<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.76<BR>Return on Equity: -0.14%<BR>Price to Book: -0.74<BR><BR>Contact Details:<BR>Address: Office No 101A The Capital, Gg-Block Plot NoC-70 Bandra E Mumbai Maharashtra : 400051<BR>Email: iitlprojects@iitlgroup.com<BR>Website: http://www.iitlprojects.com

Who are the peers of the IITL Projects?

IITL Projects' peers include Bhanderi Infra., Kretto Syscon, Parshwanath Corp, MPDL Ltd, Tirupati Sarjan, Narendra Prop., Kamanwala Housin, Martin Burn, and Prime Urban. The management risk varies, with Kretto Syscon and Narendra Prop. showing excellent capital structures, while IITL Projects has a 1-year return of -14.65%.

Peers: The peers of IITL Projects are Bhanderi Infra., Kretto Syscon, Parshwanath Corp, MPDL Ltd, Tirupati Sarjan, Narendra Prop., Kamanwala Housin, Martin Burn, Prime Urban.<BR><BR>Quality Snapshot: Below Average management risk is observed at Bhanderi Infra., Kretto Syscon, MPDL Ltd, Tirupati Sarjan, Kamanwala Housin, Martin Burn, and the rest. Average management risk is found at Narendra Prop. Excellent capital structure is noted at Kretto Syscon and Narendra Prop., while Below Average capital structure is seen at Bhanderi Infra., MPDL Ltd, Tirupati Sarjan, Kamanwala Housin, Martin Burn, and the rest. Parshwanath Corp, IITL Projects, and Prime Urban do not qualify in management risk, growth, or capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rap Corp at 19.86%, while Kretto Syscon has the lowest at -73.71%. IITL Projects has a 1-year return of -14.65%, which is higher than Kretto Syscon's but lower than Rap Corp's. Additionally, Kamanwala Housin, Martin Burn, and Prime Urban have negative six-month returns.

How big is IITL Projects?

As of 31st August, IITL Projects Ltd has a market capitalization of 26.00 Cr, with recent net sales of 1.31 Cr and a net profit of 1.38 Cr. The company has negative shareholder's funds of -33.25 Cr and total assets of 33.13 Cr as of March 2024.

As of 31st August, IITL Projects Ltd has a market capitalization of 26.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, IITL Projects reported Net Sales of 1.31 Cr and a Net Profit of 1.38 Cr.<BR><BR>As of the latest annual period in March 2024, the company has Shareholder's Funds of -33.25 Cr and Total Assets amounting to 33.13 Cr.

Should I buy, sell or hold IITL Projects Ltd?

When is the next results date for IITL Projects Ltd?

The next results date for IITL Projects Ltd is 04 August 2026.

The next results date for IITL Projects Ltd is scheduled for 04 August 2026.

How has been the historical performance of IITL Projects?

IITL Projects has shown a significant turnaround in financial performance, with net sales rising from 1.43 crore in March 2023 to 2.50 crore in March 2024, and a recovery from losses to a profit before tax of 20.46 crore. Despite negative cash flow from operations, the company demonstrated strong growth in profitability and total assets.

Answer:<BR>The historical performance of IITL Projects shows significant fluctuations in financial metrics over the years, culminating in a notable improvement in the latest fiscal year ending March 2024.<BR><BR>Breakdown:<BR>IITL Projects experienced a rise in net sales from 1.43 crore in March 2023 to 2.50 crore in March 2024, indicating a positive growth trend. Total operating income also increased to 2.50 crore in March 2024, up from 1.43 crore the previous year. The company reported an operating profit (PBDIT) of 5.97 crore in March 2024, a substantial recovery from a loss of 3.49 crore in March 2023. Profit before tax surged to 20.46 crore in March 2024, compared to a loss of 8.79 crore in the prior year, and profit after tax mirrored this trend, reaching 20.46 crore from a loss of 8.79 crore. The earnings per share (EPS) improved dramatically to 45.17 in March 2024, recovering from a negative EPS of -5.99 in March 2023. On the balance sheet, total assets increased to 33.13 crore in March 2024 from 27.36 crore in March 2023, while total liabilities rose to 33.13 crore from 27.36 crore, reflecting a stable financial position despite the increase in liabilities. The company’s cash flow from operating activities showed a negative trend at -27.00 crore in March 2024, but cash flow from investing activities was positive at 27.00 crore, indicating active investment despite operational cash challenges. Overall, IITL Projects has shown a remarkable turnaround in profitability and sales performance in the latest fiscal year.

Are IITL Projects latest results good or bad?

IITL Projects' latest results are unfavorable, showing a significant decline in profit before tax and net sales, despite an improvement in inventory turnover. The overall market sentiment is reflected in a 'Sell' rating from MarketsMOJO.

IITL Projects' latest results indicate a challenging performance. The company has reported a flat performance overall, with a notable decline in its financial health score from 2 to -1 over the past three months. <BR><BR>On the positive side, the inventory turnover ratio has improved significantly, reaching 5.91 times for the half-yearly period, which is the highest in the last five half-yearly periods. This suggests that the company is managing to sell its inventory more efficiently.<BR><BR>However, the negatives are quite pronounced. The profit before tax (PBT) for the quarter was Rs -1.77 crore, marking a staggering year-on-year decline of 212.74%. Additionally, net sales have plummeted by 137.04% compared to the previous year, and the operating profit metrics have also seen a significant downturn. <BR><BR>Given these factors, the overall sentiment in the market is reflected in the 'Sell' rating from MarketsMOJO, indicating that the outlook for IITL Projects is currently unfavorable.

Who are the top shareholders of the IITL Projects?

The top shareholders of IITL Projects are Industrial Investment Trust Ltd. with 71.74%, followed by public shareholder Prashant M Dakle at 3.9%, and individual investors who own 22.79%. There are no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of IITL Projects include Industrial Investment Trust Ltd., which holds the largest stake at 71.74%. Other notable shareholders include Prashant M Dakle, who is the highest public shareholder with a holding of 3.9%. Additionally, individual investors collectively own 22.79% of the company. There are currently no mutual funds or foreign institutional investors holding shares in IITL Projects.

What is the technical trend for IITL Projects?

As of June 6, 2025, IITL Projects shows a mildly bullish trend, supported by daily moving averages and Bollinger Bands, despite mixed signals from weekly and monthly indicators.

As of 6 June 2025, the technical trend for IITL Projects has changed from sideways to mildly bullish. The daily moving averages indicate a bullish stance, while the weekly and monthly MACD and KST show bearish to mildly bearish signals. However, the Bollinger Bands are bullish on both weekly and monthly time frames, supporting the overall mildly bullish trend. The Dow Theory reflects a mildly bullish outlook on the weekly chart but is mildly bearish on the monthly chart. The current price of 60.71 is above the previous close of 58.76, and the stock has shown strong returns over the past week and month compared to the Sensex. Overall, the current technical stance is mildly bullish, driven primarily by daily moving averages and Bollinger Bands.

Is IITL Projects overvalued or undervalued?

As of March 14, 2024, IITL Projects is rated as risky and overvalued with a high PE ratio of 29.33 and negative price to book value, despite outperforming the Sensex with a 39.65% return over the past year.

As of 14 March 2024, the valuation grade for IITL Projects has moved from does not qualify to risky. The company is currently assessed as overvalued, given its high PE ratio of 29.33 and negative price to book value of -0.82. Additionally, the EV to EBIT and EV to EBITDA ratios are both at 1.39, indicating that the company's earnings are not being valued favorably in comparison to its enterprise value.<BR><BR>When compared to peers, IITL Projects has a significantly lower PEG ratio of 0.00, while competitors such as DLF and Macrotech Development are rated as very expensive with PE ratios of 46.64 and 54.71, respectively. The stark contrast in valuation metrics suggests that IITL Projects is not only overvalued but also carries higher risk in the current market environment. Notably, the company's stock has outperformed the Sensex over the past year, returning 39.65% compared to the Sensex's 7.65%, which may contribute to the perception of overvaluation despite the underlying financial metrics.

Has IITL Projects declared dividend?

No Dividend History Available