Innovative Tech

Why is Innovative Tech Pack Ltd falling/rising?

As of 26-Jun, Innovative Tech Pack Ltd's stock price is at 13.44, down 0.44%, with a year-to-date decline of 25.87% compared to the Sensex's 9.53%. The stock is underperforming against its moving averages and the overall sector, indicating a bearish trend despite increased investor participation.

As of 26-Jun, Innovative Tech Pack Ltd's stock price is falling, currently at 13.44, reflecting a decrease of 0.06 or 0.44%. This decline is evident in the stock's performance over various periods, with a year-to-date drop of 25.87% compared to a 9.53% decline in the benchmark Sensex. Over the past year, the stock has decreased by 45.70%, while the Sensex has only fallen by 6.83%. <BR><BR>Additionally, the stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 97% against the 5-day average, the overall sector performance has been negative, with the Plastic Products sector falling by 2.18%. These factors contribute to the stock's current downward trajectory.

Which are the latest news on Innovative Tech?

How big is Innovative Tech?

As of 10th June, Innovative Tech Pack Ltd has a market capitalization of 31.00 Cr, with recent net sales of 139.11 Cr and a net profit of 0.90 Cr. The latest balance sheet shows shareholder's funds of 47.01 Cr and total assets of 122.97 Cr.

As of 10th June, Innovative Tech Pack Ltd has a market capitalization of 31.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 139.11 Cr and a Net Profit of 0.90 Cr.<BR><BR>The latest annual period for the balance sheet is March 2020, with Shareholder's Funds amounting to 47.01 Cr and Total Assets of 122.97 Cr.

Who are in the management team of Innovative Tech?

The management team of Innovative Tech includes Chairman Ketineni Sayaji Rao, Managing Director Ketineni Satish Rao, and several independent directors: Pradeep Kumar Jain, Damodar B Chapparwal, Nidhi Dwarakanath, and Pratik Ajay Autade, along with Non-Executive Director Pratibha Rao Ketineni and Company Secretary Mohit Chauhan.

The management team of Innovative Tech includes the following members:<BR><BR>1. **Ketineni Sayaji Rao** - Chairman & Director<BR>2. **Ketineni Satish Rao** - Managing Director<BR>3. **Pradeep Kumar Jain** - Independent Director<BR>4. **Damodar B Chapparwal** - Independent Director<BR>5. **Nidhi Dwarakanath** - Independent Director<BR>6. **Pratik Ajay Autade** - Independent Director<BR>7. **Pratibha Rao Ketineni** - Non-Executive Director<BR>8. **Mohit Chauhan** - Company Secretary & Compliance Officer<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Innovative Tech?

Innovative Tech's peers include Jumbo Bag, Rex Sealing, Pankaj Polymers, and others. Most peers exhibit below-average management risk and growth, with Innovative Tech showing the lowest 1-year return at -46.94%.

Peers: The peers of Innovative Tech are Jumbo Bag, Rex Sealing, Pankaj Polymers, Polyspin Exports, Rishi Techtex, Salguti Industri, Bulkcorp Inter., Uma Converter, Guj. Raffia Inds.<BR><BR>Quality Snapshot: Below Average management risk is observed at Jumbo Bag, Pankaj Polymers, Polyspin Exports, Innovative Tech, Rishi Techtex, Salguti Industri, Uma Converter, and Guj. Raffia Inds, while Average management risk is found at Rex Sealing. Growth is Average at Rex Sealing, while Below Average growth is noted at Jumbo Bag, Pankaj Polymers, Polyspin Exports, Innovative Tech, Rishi Techtex, Salguti Industri, Uma Converter, and Guj. Raffia Inds. Capital Structure is Average at Rex Sealing, while Below Average capital structure is seen at Jumbo Bag, Pankaj Polymers, Polyspin Exports, Innovative Tech, Rishi Techtex, Salguti Industri, Uma Converter, and Guj. Raffia Inds.<BR><BR>Return Snapshot: Pankaj Polymers has the highest 1-year return at 295.23%, while Innovative Tech has the lowest at -46.94%. Compared to its peers, Innovative Tech's return is significantly lower. Additionally, Jumbo Bag, Innovative Tech, Rishi Techtex, and Guj. Raffia Inds all have negative six-month returns.

What does Innovative Tech do?

Innovative Tech Pack Ltd manufactures and resells plastic packaging products in India, with a market cap of INR 31 Cr and reported net sales of 33 Cr and net profit of 1 Cr for the quarter ending March 2026. The company has a P/E ratio of 17.00 and operates with a debt-to-equity ratio of 0.44.

Overview:<BR>Innovative Tech Pack Ltd is a company engaged in the manufacturing and reselling of plastic packaging products, operating within the micro-cap segment of the packaging industry.<BR><BR>History:<BR>Incorporated in 1989 by Sayaji Rao Ketineni, Innovative Tech Pack Ltd has been a pioneer in the Indian plastic packaging industry. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 33 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 31 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.44<BR>- Return on Equity: 4.99%<BR>- Price to Book: 0.84<BR><BR>Contact Details:<BR>Address: 51 Roz-Ka-Meo Industrial Area, Sohna Gurgaon Haryana : 122103<BR>Tel: 91-0120-7195236-239<BR>Email: grievence@itpalgroup.com<BR>Website: http://www.itplgroup.com

Should I buy, sell or hold Innovative Tech Pack Ltd?

When is the next results date for Innovative Tech Pack Ltd?

The next results date for Innovative Tech Pack Ltd is 29 May 2026.

The next results date for Innovative Tech Pack Ltd is scheduled for 29 May 2026.

Are Innovative Tech Pack Ltd latest results good or bad?

The latest results for Innovative Tech Pack Ltd are concerning, showing a net loss of ₹1.10 crores and a significant decline in revenue and operating margins, indicating operational challenges and declining profitability. Overall, these results are classified as bad, raising red flags for investors.

The latest results for Innovative Tech Pack Ltd are concerning and indicate significant operational challenges. In Q2 FY26, the company reported a net loss of ₹1.10 crores, which is a drastic decline of 171.0% compared to the previous quarter. Revenue also fell by 5.93% to ₹28.87 crores, marking the lowest quarterly revenue figure in recent periods. <BR><BR>Operating margins have compressed sharply from 13.09% to 8.10%, reflecting severe pricing pressures or rising input costs that could not be passed on to customers. Additionally, the return on equity (ROE) has turned negative at -7.95%, indicating capital destruction rather than creation.<BR><BR>Overall, the financial performance highlights a trend of declining profitability and operational stress, raising serious questions about the company's ability to navigate current market conditions. Given these factors, the results can be classified as bad, with multiple red flags for investors.

Is Innovative Tech overvalued or undervalued?

As of December 1, 2025, Innovative Tech is considered fairly valued with a PE ratio of -16.36, an EV to EBITDA of 10.70, and a Price to Book Value of 1.30, contrasting sharply with peers like Supreme Industries and Astral, and despite a year-to-date return of -45.38%, it may present a value opportunity in the packaging sector.

As of 1 December 2025, Innovative Tech's valuation grade has moved from expensive to fair, indicating a shift in perception regarding its market value. The company is currently assessed as fairly valued. Key ratios include a PE ratio of -16.36, an EV to EBITDA of 10.70, and a Price to Book Value of 1.30, which suggest that while the company is facing challenges, it may not be as overvalued as previously thought.<BR><BR>In comparison to its peers, Innovative Tech's PE ratio stands in stark contrast to Supreme Industries and Astral, which have PE ratios of 49.97 and 75.87, respectively, highlighting its relative valuation position. Notably, Finolex Industries, also rated as fair, has a PE ratio of 22.79, further emphasizing the disparity in valuation within the industry. Despite recent underperformance, with a year-to-date return of -45.38% compared to the Sensex's 9.60%, the company's current valuation may present an opportunity for investors looking for value in the packaging sector.

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:<BR>The historical performance of Innovative Tech shows a mixed trend over the years, with fluctuations in key financial metrics.<BR><BR>Breakdown:<BR>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.

Who are the top shareholders of the Innovative Tech?

The top shareholder of Innovative Tech is K Satish Rao, holding 71.26% of the shares, with no pledged promoter holdings. Individual investors own 23.74%, while the highest public shareholder, Renu, holds 1.2%, and there is minimal mutual fund and no foreign institutional investor involvement.

The top shareholders of Innovative Tech are primarily the promoters, with K Satish Rao holding the largest share at 71.26%. There are no pledged promoter holdings, and the company has minimal mutual fund involvement, with only 0.06% held by two schemes. Additionally, there are no foreign institutional investors (FIIs) holding shares. The highest public shareholder is Renu, who owns 1.2%, while individual investors collectively hold 23.74% of the shares.

What is the technical trend for Innovative Tech?

As of May 7, 2025, Innovative Tech's trend is mildly bearish, with mixed signals from MACD, moving averages, and Bollinger Bands across different time frames, indicating a lack of strong bullish momentum.

As of 7 May 2025, the technical trend for Innovative Tech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the overall bearish sentiment. Bollinger Bands show a mildly bullish trend on the weekly chart but bearish on the monthly, indicating potential volatility. The KST is mildly bullish weekly but mildly bearish monthly, adding to the mixed indicators. Dow Theory shows no clear trend in both weekly and monthly perspectives. Overall, the current stance is mildly bearish, with key indicators reflecting a lack of strong bullish momentum.

Has Innovative Tech declared dividend?

Innovative Tech Pack Ltd has declared a 15% dividend, amounting to $0.15 per share, with an ex-date of September 20, 2019. However, there have been no dividend returns in recent periods, while total returns show significant price appreciation over the long term.

Innovative Tech Pack Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 0.15<BR>- Ex-date: Sep-20-2019<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -19.93%, the dividend return was 0%, resulting in a total return of -19.93%.<BR><BR>In the 1 Year period, the price return was 1.7%, the dividend return was 0%, resulting in a total return of 1.7%.<BR><BR>In the 2 Years period, the price return was 55.33%, the dividend return was 0%, resulting in a total return of 55.33%.<BR><BR>In the 3 Years period, the price return was 77.89%, the dividend return was 0%, resulting in a total return of 77.89%.<BR><BR>In the 4 Years period, the price return was 42.22%, the dividend return was 0%, resulting in a total return of 42.22%.<BR><BR>In the 5 Years period, the price return was 220.07%, the dividend return was 0%, resulting in a total return of 220.07%.<BR><BR>Overall, while Innovative Tech Pack Ltd has declared a dividend, it has not issued any dividends in recent periods, as indicated by the zero dividend returns across all time frames. The total returns, however, show significant price appreciation over the longer term.