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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of The Investment Trust of India Ltd (THEINVEST)

About the Company - The Investment Trust of India Ltd (THEINVEST)

The Investment Trust of India Ltd. is a Public Limited Listed company incorporated on 14/06/1991 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65910MH1991PLC062067 and registration number is 062067. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 115.01 Cr. and Equity Capital is Rs. 51.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsITI House, 36 Dr. R. K. Shirodkar Marg, Mumbai Maharashtra 400012info@itiorg.com
https://www.itiorg.com
Management
NamePosition Held
Mr. Chintan ValiaNon Executive Chairman
Mrs. Khyati ValiaNon Executive Director
Mr. Asit MehtaNon Executive Director
Mr. Alok Kumar MisraIndependent Director
Mrs. Papia SenguptaIndependent Woman Director

The Investment Trust of India Ltd. Share Price Update

Share PriceValue
Today₹145.20
Previous Day₹149.80

Basic Stock Data of The Investment Trust of India Ltd (THEINVEST)

Market Cap 711 Cr.
Current Price 136
High / Low172/63.4
Stock P/E25.2
Book Value 124
Dividend Yield0.00 %
ROCE4.54 %
ROE1.86 %
Face Value 10.0

Data Source: screener.in

Competitors of The Investment Trust of India Ltd (THEINVEST)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Religare Enterprises Ltd 7,654 Cr. 232281/13020.7 66.80.00 %15.5 %5.39 % 10.0
Pioneer Investcorp Ltd 51.2 Cr. 41.750.6/27.951.2 1140.00 %4.93 %1.49 % 10.0
Aastamangalam Finance Ltd 42.7 Cr. 47.959.5/24.518.2 39.50.00 %8.37 %7.70 % 10.0
L&T Finance Holdings Ltd 42,598 Cr. 171179/79.019.5 89.21.16 %7.56 %6.41 % 10.0
Motor & General Finance Ltd 154 Cr. 39.651.8/26.0 19.00.00 %3.07 %3.76 % 5.00
Industry Average59.38 Cr106.4421.9265.70.23%7.89%4.95%9

The Investment Trust of India Ltd (THEINVEST) Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales737410779917580787967785876
Expenses58639769767375846864635759
Operating Profit151110101525-611215118
OPM %20%15%10%13%16%2%6%-8%13%3%20%1%23%
Other Income498312141036883
Interest101199965443457
Depreciation3222234333433
Profit before tax678216-60-37216111
Tax %21%10%57%78%38%-34%511%-89%57%87%16%288%10%
Net Profit563010-8-1-53013-110
EPS in Rs0.891.150.600.121.68-1.550.05-0.900.570.052.49-0.251.98

The Investment Trust of India Ltd (THEINVEST) Quarterly Chart

The Investment Trust of India Ltd (THEINVEST) Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales806255159133168335640463335333311279
Expenses575538109111119245502396269291280243
Operating Profit23717502249901386766423036
OPM %29%11%31%31%16%29%27%22%14%20%13%10%13%
Other Income-0050910363049101825
Interest221920371511521096041291420
Depreciation2239889101210111212
Profit before tax-1-13-047406749-225122230
Tax %-87%5%-635%48%56%26%-21%16%-200%38%88%47%
Net Profit-2-13-126308041-71511223
EPS in Rs-0.95-5.44-0.530.291.115.5515.096.92-1.022.930.312.204.27
Dividend Payout %-29%0%0%0%0%0%0%0%0%0%0%0%

The Investment Trust of India Ltd (THEINVEST) Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-550.00%92.31%300.00%200.00%400.00%166.67%-48.75%-117.07%314.29%-93.33%1100.00%
Change in YoY Net Profit Growth (%)0.00%642.31%207.69%-100.00%200.00%-233.33%-215.42%-68.32%431.36%-407.62%1193.33%

Adinath Exim Resources Ltd Growth

Compounded Sales Growth
10 Years:17%
5 Years:-2%
3 Years:-12%
TTM:-8%
Compounded Profit Growth
10 Years:11%
5 Years:-32%
3 Years:56%
TTM:1328%
Stock Price CAGR
10 Years:10%
5 Years:0%
3 Years:12%
1 Year:84%
Return on Equity
10 Years:4%
5 Years:2%
3 Years:2%
Last Year:2%

The Investment Trust of India Ltd (THEINVEST) Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital13131328285151515152525252
Reserves10390149191201411486531534549549584593
Preference Capital000000082122246
Borrowings15012219046071367698635373262127194279
Other Liabilities1117614914094283359336230277279287203
Total Liabilities3773025018203941,1121,5941,5531,1881,1411,0071,1181,127
Fixed Assets643331241824203523393835
CWIP0010000000000
Investments9136970401160166167183233260232
Other Assets3632854617803006931,4101,367986935734820860
Total Assets3773025018203941,1121,5941,5531,1881,1411,0071,1181,127

The Investment Trust of India Ltd (THEINVEST) Reserves and Borrowings Chart

Adinath Exim Resources Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 041-92-265449-188-452147315249302-97
Cash from Investing Activity -0-0-26-11-55-35-34941-12-52-25
Cash from Financing Activity -6-38116291-404489274-246-343-145-18666
Net Cash Flow-62-315-10266-212-6-269164-57

The Investment Trust of India Ltd (THEINVEST) Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days29110143190142303685863598767
Inventory Days1497916717929391
Days Payable3071512941,050781990
Cash Conversion Cycle29110143190142303-90-14-64-812-665-532
Working Capital Days3804964074752462571,05241936736387233
ROCE %8%2%7%8%4%8%10%12%5%7%5%5%

The Investment Trust of India Ltd (THEINVEST) Financial Efficiency Indicators Chart

The Investment Trust of India Ltd (THEINVEST) Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.13%73.13%73.13%73.13%73.13%73.13%72.12%72.12%72.12%72.12%72.12%72.12%
FIIs4.18%4.18%4.18%4.18%6.64%6.64%6.55%6.55%6.55%6.55%6.55%6.55%
Public22.69%22.69%22.69%22.69%20.23%20.23%21.32%21.32%21.34%21.33%21.33%21.33%
No. of Shareholders3,3683,7714,5164,6614,4904,4854,5824,5264,4784,6374,6724,555

The Investment Trust of India Ltd (THEINVEST) Shareholding Pattern Chart

No. of The Investment Trust of India Ltd (THEINVEST) Shareholders

This stock is not held by any mutual fund

The Investment Trust of India Ltd (THEINVEST) ROCE Trend

The Investment Trust of India Ltd (THEINVEST) EPS Trend

The Investment Trust of India Ltd (THEINVEST) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)2.210.312.95-1.166.92
Diluted EPS (Rs.)2.210.302.92-1.156.84
Cash EPS (Rs.)3.671.723.930.347.69
Book Value[Excl.RevalReserv]/Share (Rs.)123.62114.96115.29116.80118.12
Book Value[Incl.RevalReserv]/Share (Rs.)123.62114.96115.29116.80118.12
Revenue From Operations / Share (Rs.)57.6362.9062.4389.76123.31
PBDIT / Share (Rs.)8.419.3613.7313.0930.59
PBIT / Share (Rs.)6.157.1811.8510.6628.65
PBT / Share (Rs.)3.381.583.88-1.197.28
Net Profit / Share (Rs.)1.42-0.462.05-2.085.74
NP After MI And SOA / Share (Rs.)2.200.302.92-1.166.92
PBDIT Margin (%)14.5914.8721.9814.5824.81
PBIT Margin (%)10.6711.4118.9811.8723.23
PBT Margin (%)5.862.516.22-1.325.90
Net Profit Margin (%)2.45-0.733.29-2.324.65
NP After MI And SOA Margin (%)3.820.484.68-1.295.60
Return on Networth / Equity (%)1.800.262.54-1.036.06
Return on Capital Employeed (%)4.305.709.638.7623.85
Return On Assets (%)1.020.151.32-0.492.27
Long Term Debt / Equity (X)0.110.000.000.000.00
Total Debt / Equity (X)0.260.170.430.621.09
Asset Turnover Ratio (%)0.280.300.080.170.35
Current Ratio (X)2.091.861.621.411.27
Quick Ratio (X)1.861.841.561.281.20
Interest Coverage Ratio (X)3.031.671.721.101.43
Interest Coverage Ratio (Post Tax) (X)1.510.911.260.821.27
Enterprise Value (Cr.)272.67413.91511.86562.421429.03
EV / Net Operating Revenue (X)0.901.281.591.232.27
EV / EBITDA (X)6.218.597.248.429.15
MarketCap / Net Operating Revenue (X)1.161.781.460.661.46
Price / BV (X)0.550.970.790.531.58
Price / Net Operating Revenue (X)1.161.781.460.661.46
EarningsYield0.030.000.03-0.010.03

The Investment Trust of India Ltd (THEINVEST) Profitability Ratios (%)

The Investment Trust of India Ltd (THEINVEST) Liquidity Ratios

The Investment Trust of India Ltd (THEINVEST) Liquidity Ratios (%)

The Investment Trust of India Ltd (THEINVEST) Interest Coverage Ratios (X)

The Investment Trust of India Ltd (THEINVEST) Valuation Ratios

Fair Value / Intrinsic Value of The Investment Trust of India Ltd (THEINVEST)

Fair Value: ₹59.28

The stock is overvalued by 56.41% compared to the current price ₹136

*Investments are subject to market risks

Strength and Weakness of The Investment Trust of India Ltd (THEINVEST)

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -68.25, which is a positive sign.
  2. The company has higher reserves (382.38 cr) compared to borrowings (6.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (257.92 cr) and profit (18.46 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 12.90 and average Dividend Yield of 15.23%.
  2. The stock has a low average ROCE of 6.75%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 310.92, which may not be favorable.

Should I Buy Adinath Exim Resources Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in The Investment Trust of India Ltd (THEINVEST):
    1. Net Profit Margin: 2.45%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.30% (Industry Average ROCE: 17.55%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.51
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.86
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 26.4 (Industry average Stock P/E: 22.34)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.26
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in The Investment Trust of India Ltd (THEINVEST). Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE