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Innovative Tech Pack Ltd (523840)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523840 NSE: Plastic Products | Small Cap | Innovative Tech Pack Share Price

₹13.32 -0.12 (-0.89%)

As on 29-Jun'26 16:59

Innovative Tech Pack Ltd (523840)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523840 NSE: Plastic Products | Small Cap | Innovative Tech Pack Share Price

₹13.32 -0.12 (-0.89%)

As on 29-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹30 Cr.
Current Price
₹13.3
52-Week Low / High
₹13 / 29
TTM EPS
₹0.8
TTM Sales
₹127 Cr.
Book Value per Share
₹16.7
P/E Ratio
16.02
In line with its 3-year historical median
Industry PE
37.6
Price to Book (P/B)
0.80
Lower than its 5-year historical median
Price to Sales (P/S)
0.24
Lower than its 5-year historical median
EV/EBITDA
3.88
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-0.05%
Underperforms industry median
Return on Capital Employed (ROCE)
7.08%
Underperforms industry median
Return on Assets (ROA)
-0.02%
Operating Profit Margin
7.6%
Net Profit Margin
-0.01%
Gross Profit Margin
4.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-5.81%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-25.26%
Net Profit Growth (1 Year)
-
-101.12%
Asset Quality
Promoter Holding
74.36%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹35 Cr.
Equity
₹2.3 Cr.
Face Value
₹1
All Time Low / High
₹0.06 / 116.40

Innovative Tech Pack stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Innovative Tech Pack Ltd a good quality company?
Innovative Tech Pack Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Innovative Tech Pack Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Innovative Tech Pack Ltd vs industry peers?
Innovative Tech Pack Ltd revenue CAGR is -2.22%, compared to the industry median CAGR of 4.71%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Innovative Tech Pack Ltd?
Promoters hold 74.36% of the Innovative Tech Pack Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Innovative Tech Pack Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -9.5% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Innovative Tech Pack Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.2%25.6%16.7%15%15.5%6.4%0.9%6.9%10.4%7.1%-
Value Creation
Index
0.20.80.20.10.1-0.5-0.9-0.5-0.3-0.5-

Growth Parameters

Sales 90.1102124144150144158158142134127
Sales YoY Gr.-13.6%21.2%16.3%3.9%-3.9%9.6%0.2%-10.1%-5.8%-
Adj EPS 2.23.81.71.21.4-1-3-0.70.7-0.10.8
YoY Gr.-73.2%-54.3%-33.9%20%-168.8%NANANA-118.2%-
BVPS (₹) 13.217.518.719.5201915.715.115.915.916.7
Adj Net
Profit
4.88.33.82.63.1-2.1-6.8-1.71.5-0.32
Cash Flow from Ops. 17.821.824.82135.85.921.96.614.25.5-
Debt/CF from Ops. 1.91.91.72.217.81.75.72.24.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.5%-2.2%-5.3%-5.8%
Adj EPS -172.4%-161.4%NA-118.2%
BVPS2%-4.6%0.3%-0.1%
Share Price -9.2% -8% -8.3% -47.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
17.524.69.56.17-4.9-17.5-4.84.2-0.85.1
Op. Profit
Mgn %
17.523.519.115.61610.37.67.59.57.68.6
Net Profit
Mgn %
5.38.13.11.82.1-1.5-4.3-1.11-0.21.5
Debt to
Equity
1.21.111.10.81.11.11.10.90.70.4
Working Cap
Days
117109979310713712811612612268
Cash Conv.
Cycle
3227242515141815202812

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales90.12102.38124.13144.38150.03144.22158.04158.36142.37134.10
Operating Expenses + 74.3778.37100.39121.89127.60129.44146.89146.53128.79123.95
Manufacturing Costs12.8110.6914.8114.5818.7018.1521.7322.1621.3920.78
Material Costs49.7954.6366.3985.5183.0686.26103.31105.2388.3981.02
Employee Cost 6.728.2812.8613.8415.9216.1614.9512.9711.669.79
Other Costs 5.054.776.327.959.938.866.916.177.3612.36
Operating Profit 15.7524.0223.7422.4922.4314.7811.1511.8313.5810.15
Operating Profit Margin (%) 17.5%23.5%19.1%15.6%14.9%10.2%7.1%7.5%9.5%7.6%
Other Income + 0.882.100.741.121.601.730.651.791.020.61
Exceptional Items -2.160-1.2401.34-1.040000
Interest 3.986.818.708.7210.588.368.506.385.354.55
Depreciation 5.887.829.5810.5311.9710.0311.098.687.466.23
Profit Before Tax 4.6111.484.964.352.82-2.91-7.80-1.431.79-0.02
Tax 1.202.341.771.680.81-0.63-0.36000
Profit After Tax 3.419.143.202.682.01-2.28-7.45-1.431.79-0.02
PAT Margin (%) 3.8%8.9%2.6%1.9%1.3%-1.6%-4.7%-0.9%1.3%-0.0%
Adjusted EPS (₹)1.64.21.51.20.9-1.0-3.3-0.60.8-0.0
Dividend Payout Ratio (%)9.60%6%6.80%12.60%0%0%0%0%0%0%

Valuation of Innovative Tech Pack - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 28.9538.1740.8143.8445.0242.7335.2933.8635.6535.63
Share Capital 2.192.192.192.252.252.252.252.252.252.25
Reserves 26.7735.9938.6241.5942.7740.4933.0431.6133.4033.38
Debt +25.2232.5030.8134.0720.4337.9233.9236.3927.8024.38
Long Term Debt21.5026.8222.3418.8317.6025.4030.3727.1819.5423.41
Short Term Debt3.715.688.4815.242.8412.523.559.218.250.98
Minority Interest0000000000
Trade Payables7.0714.2316.5320.1930.2730.7130.7025.7925.9118.48
Others Liabilities 18.2714.7616.1818.3925.0217.7814.759.9910.384.66
Total Liabilities 79.5199.67104.33116.49120.74129.14114.65106.0399.7383.15

Fixed Assets

Net Fixed Assets +39.9458.6859.7568.6661.8263.8060.5152.5745.7739.11
Gross Block79.66104.60113.47139.06141.33162.80170.52171.26170.82169
Accumulated Depreciation39.7245.9253.7270.4079.5099110.01118.68125.05129.90
CWIP 1.51000.303.501.270000
Investments 6.131.989.271.981.980.010.01000
Inventories5.629.348.8212.0413.3816.2316.0813.8717.5722.29
Trade Receivables11.6616.2918.7521.7820.9926.0219.9221.7417.6911.58
Cash Equivalents 2.595.411.855.065.773.573.503.525.473.12
Others Assets 12.067.985.886.6713.3118.2514.6414.3213.247.05
Total Assets 79.5199.67104.33116.49120.74129.14114.65106.0399.7383.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 17.7921.7824.7920.9635.765.9321.906.6014.185.47
PBT 4.6111.484.964.352.82-2.91-7.80-1.431.79-0.02
Adjustment 10.0713.1317.7718.9522.3418.3020.2114.3612.0910.18
Changes in Working Capital 3.66-0.383.4-0.9911.07-10.139.14-6.340.3-4.69
Tax Paid 0-2.45-1.35-1.35-0.460.680.36000
Cash Flow From Investing Activity + -32.46-18.64-17.62-15.78-10.93-8.03-5.38-0.04-0.491.92
Capex -24.73-24.47-10.28-20.76-11.79-9.36-5.14-0.39-0.200.81
Net Investments -6.634.97-7.295.79-0.420.9300.0100
Others -1.100.86-0.05-0.811.280.40-0.240.35-0.281.12
Cash Flow From Financing Activity + 13.45-0.15-11.05-4.24-23.29-0-17.12-6.53-12.30-8.85
Net Proceeds from Shares 00.5202000000
Net Proceeds from Borrowing 04.28-4.49-3.500.106.774.97-3.20-7.633.86
Interest Paid -3.88-6.81-8.70-8.72-10.58-8.36-8.50-6.38-5.35-4.55
Dividend Paid -0.390-0.55-0.22-0.3400000
Others 17.721.862.686.20-12.471.58-13.593.040.68-8.16
Net Cash Flow -1.222.99-3.880.951.54-2.10-0.600.031.39-1.45

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.4427.238.096.324.52-5.21-19.08-4.145.14-0.05
ROCE (%)16.2225.6316.6815.0315.526.380.866.8610.397.08
Asset Turnover Ratio1.341.181.241.311.261.151.31.441.381.47
PAT to CFO Conversion(x)5.222.387.757.8217.79N/AN/AN/A7.92N/A
Working Capital Days
Receivable Days50.3048.3050.8051.205259.5053.104850.6039.80
Inventory Days1925.9026.3026.4030.9037.5037.3034.5040.3054.20
Payable Days58.7071.2084.6078.40110.90129108.5098106.80100

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Innovative Tech Pack Ltd FAQs

The current trading price of Innovative Tech Pack on 29-Jun-2026 16:59 is ₹13.32.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jun-2026 the market cap of Innovative Tech Pack stood at ₹29.92 Cr

The latest P/E ratio of Innovative Tech Pack as of 28-Jun-2026 is 16.02.

The latest P/B ratio of Innovative Tech Pack as of 28-Jun-2026 is 0.80.

The 52-week high of Innovative Tech Pack is ₹29.30 and the 52-week low is ₹12.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Innovative Tech Pack is ₹127 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Innovative Tech Pack Ltd is a average quality company.

The key valuation ratios of Innovative Tech Pack Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Innovative Tech Pack Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Innovative Tech Pack Ltd

Innovative Tech Pack (ITPL) is engaged in the manufacturing and marketing of PET (Polyethylene Terephthalate) and PP (Polypropylene) plastic products. It was incorporated on April 26, 1989. The company, which started off as a modest corporation with a handful of clients, has now evolved and grown manifold to an entity with a total turnover of more than Rs 50 crore.

The company manufactures PET bottles, jars, and caps at its manufacturing plant located in the Mewat district of Haryana with installed capacities of 43 million bottles, 9 million jars, and 15 million caps. These products are used in the packaging of fruit juices, mineral water, carbonated drinks, edible oils, pharmaceuticals, cosmetics, and other products.

ITPL set up its first plant at Sohna, Gurgaon where it started manufacture of PET plastic bottles and jars via single-stage Injection Stretch Blow Molding (ISBM) technology. In 1994, ITPL pioneered the use of two-stage blow molding machines from Sidel, France in India. These machine were used for manufacturing carbonated soft drinks bottles in large numbers, cost effectively.

The registered office of the company is located at 51 Roz-Ka-Meo Industrial Area, Sohna, Gurgaon-122103, Haryana.

Products :

Pet Jars & Bottles

ITPL has a vast experience and supplies detailed packaging design and development of PET solutions for products such as edible oil bottles, bottles for personal hygiene products - hair oils, liquid hand wash, shampoo, detergents, dish washing liquid, cosmetics, pharmaceutical bottles, fruit juices and juice based bottles, alcoholic beverage bottles, wide mouth jars for packaging of coffee, tea, diary whitener, cereals, glucose etc., and wide mouth jars for packaging of confectioneries, biscuits, chewing gums, chocolates etc.

The company’s in-depth knowledge of their markets, coupled with its technical expertise, enables it to devise bottles tailored to specific customers and product requirements including oxygen and carbon dioxide barriers and UV light blocking for products sensitive to these kinds of exposure.

ITPL is also well equipped to design bottles and containers specific to customer’s shape and design attributes pertaining to their own market research for other market requirements.

PP Caps & Containers

ITPL offers an extensive range of caps, closures and dispensing systems suitable for a wide range of sectors including health and beauty, toiletry, pharmaceutical, food and beverage, automotive, DIY, leisure and household products.

The company offer caps and closures to fit bottles, jars and tubes and the range includes screw on, flip tops, snap-ons, spray pumps, lotion pumps, serum pumps, trigger pumps, airless packs, foamers, disc tops, talc caps, overcaps, roll-ons and nozzles in a vast range of shapes and sizes depending on the customer requirements.

It is also equipped to manufacture PP containers Via ISBM process, catering to markets like malt based drinks etc. where a moisture /oxygen / carbon dioxide barrier is particularly critical depending on the characteristics of the products being filled.

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