IITL Projects Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of IITL Projects Ltd?

IITL Projects Ltd is trading at 43.00 as of 25 April 2026, with a FY2026-2027 high of 73.9 and low of 36.0. The stock is currently near its 52-week low. Market cap stands at 21.5 Cr..

Q: Is IITL Projects Ltd financially healthy?

Key indicators: ROCE of 16.6 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is IITL Projects Ltd profitable and how is the profit trend?

IITL Projects Ltd reported a net profit of 31 Cr in Mar 2025. Compared to 11 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹4.05Overvalued by 90.58%vs CMP ₹43.00

P/E (15.6) × ROE (15.0%) × BV (₹2.12) × DY (2.00%)

Defaults: ROE=15%

₹477.09Undervalued by 1,009.51%vs CMP ₹43.00

MoS: +91% (Strong)Confidence: 49/100 (Moderate)Models: 4 Under, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹5.16	30%	Over (-88%)
Graham Number	Earnings	₹58.72	22%	Under (+36.6%)
Earnings Power	Earnings	₹333.33	18%	Under (+675.2%)
DCF	Cash Flow	₹1,766.47	18%	Under (+4008.1%)
Earnings Yield	Earnings	₹722.90	12%	Under (+1581.2%)
Consensus (5 models)		₹477.09	100%	Undervalued

Key Drivers: EPS CAGR 27.5% lifts DCF — verify sustainability. | Wide model spread (₹5–₹1,766) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 27.5% · Defaults: ROE=15%

*Investments are subject to market risks

Analyst Summary

IITL Projects Ltd operates in the Construction, Contracting & Engineering segment, NSE: IITLPROJ | BSE: 531968, current market price is ₹43.00, market cap is 21.5 Cr.. At a glance, stock P/E is 15.6, ROE is %, ROCE is 16.6 %, book value is 2.12, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹477.09, which is about 1,009.5% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹0 Cr versus the prior period change of -100.0%, while latest net profit is about ₹31 Cr with a prior-period change of 34.8%. The 52-week range shown on this page is 73.9/36.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisIITL Projects Ltd. is a Public Limited Listed company incorporated on 26/10/1994 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L01…

This summary is generated from the stock page data available for IITL Projects Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

IITL Projects Ltd scores 58/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health49/100 · Moderate

ROCE 16.6% GoodROE 0.0% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money50/100 · Moderate

Promoter holding at 71.7% Stable

Earnings Quality75/100 · Strong

OPM expanding (-136% → -2%) ImprovingWorking capital: -43,452 days (improving) Efficient

Quarterly Momentum55/100 · Moderate

Revenue (4Q): -110% YoY DecliningProfit (4Q): +2,553% YoY Strong

Industry Rank55/100 · Moderate

P/E 15.6 vs industry 40.6 Cheaper than peersROCE 16.6% vs industry 16.4% Average3Y sales CAGR: -100% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:49 am

Market Cap	21.5 Cr.
Current Price	43.0
Intrinsic Value	₹477.09
High / Low	73.9/36.0
Stock P/E	15.6
Book Value	2.12
Dividend Yield	0.00 %
ROCE	16.6 %
ROE	%
Face Value	10.0
PEG Ratio	0.57

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for IITL Projects Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
IITL Projects Ltd	21.5 Cr.	43.0	73.9/36.0	15.6	2.12	0.00 %	16.6 %	%	10.0
Manav Infra Projects Ltd	55.4 Cr.	42.1	45.0/11.0	16.2	6.47	0.00 %	39.9 %	103 %	10.0
Univastu India Ltd	222 Cr.	61.8	107/56.0	14.3	24.3	0.00 %	26.6 %	15.8 %	10.0
Likhitha Infrastructure Ltd	915 Cr.	232	324/131	17.4	101	0.00 %	27.6 %	20.3 %	5.00
Arihant Foundations & Housing Ltd	936 Cr.	939	1,513/694	13.8	345	0.00 %	19.5 %	16.5 %	10.0
Industry Average	3,718.22 Cr	168.19		40.61	125.44	0.18%	16.37%	21.40%	21.58

All Competitor Stocks of IITL Projects Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	3.47	2.29	0.43	0.68	0.58	2.56	0.50	0.00	0.00	-0.30	0.00	0.00	0.00
Expenses	0.44	4.20	0.61	1.05	-2.44	-1.75	0.48	0.18	0.16	-0.06	0.23	0.12	-0.29
Operating Profit	3.03	-1.91	-0.18	-0.37	3.02	4.31	0.02	-0.18	-0.16	-0.24	-0.23	-0.12	0.29
OPM %	87.32%	-83.41%	-41.86%	-54.41%	520.69%	168.36%	4.00%
Other Income	0.02	0.02	0.04	0.06	19.38	2.05	0.52	0.50	0.57	35.63	0.48	0.44	0.43
Interest	1.32	1.32	1.45	1.45	1.45	1.45	1.59	1.61	1.61	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	1.73	-3.21	-1.59	-1.76	20.95	4.91	-1.05	-1.29	-1.20	35.39	0.25	0.32	0.72
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.83%	1.05%	24.00%	25.00%	11.11%
Net Profit	1.73	-3.21	-1.59	-1.76	20.95	4.91	-1.05	-1.29	-1.21	35.02	0.18	0.24	0.64
EPS in Rs	3.47	-6.43	-3.19	-3.53	41.98	9.84	-2.10	-2.58	-2.42	70.17	0.36	0.48	1.28

Last Updated: March 3, 2026, 9:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 7:25 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	21	22	2	1	2	1	1	0	1	1	2	0	-0
Expenses	24	17	7	4	7	15	15	13	2	5	-4	1	0
Operating Profit	-3	5	-4	-3	-5	-14	-14	-12	-0	-4	6	-1	-0
OPM %	-13%	22%	-179%	-268%	-208%	-1,638%	-1,495%	-2,800%	-24%	-248%	258%	-262%	100%
Other Income	0	1	0	4	-4	2	0	0	16	6	22	37	37
Interest	0	1	5	4	3	4	4	4	5	5	6	5	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	-3	5	-9	-3	-12	-16	-18	-17	11	-3	23	32	37
Tax %	-1%	12%	-0%	0%	-0%	0%	0%	0%	0%	0%	0%	1%
Net Profit	-3	5	-9	-3	-12	-16	-18	-17	11	-3	23	31	36
EPS in Rs	-6.31	9.10	-17.35	-6.75	-23.38	-31.78	-35.81	-33.50	21.42	-5.99	45.10	63.05	72.29
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	266.67%	-280.00%	66.67%	-300.00%	-33.33%	-12.50%	5.56%	164.71%	-127.27%	866.67%	34.78%
Change in YoY Net Profit Growth (%)	0.00%	-546.67%	346.67%	-366.67%	266.67%	20.83%	18.06%	159.15%	-291.98%	993.94%	-831.88%

IITL Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 4, 2025, 3:04 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	5	5	5	5	5	5	5	5	5	5
Reserves	9	7	-8	-3	-15	-34	-52	-68	-57	-60	-38	-6	-6
Borrowings	17	22	43	36	0	0	0	0	0	0	19	35	0
Other Liabilities	36	31	42	51	48	61	78	94	83	83	47	1	35
Total Liabilities	67	65	82	89	39	33	32	31	30	27	33	34	34
Fixed Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	38	48	72	80	32	27	27	26	26	22	0	0	0
Other Assets	29	17	11	9	7	6	5	5	5	5	33	34	34
Total Assets	67	65	82	89	39	33	32	31	30	27	33	34	34

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-0	2	2	0	-0	1	-0	-1	-0	-0	-27	-2
Cash from Investing Activity +	-20	-9	-23	0	0	-0	-0	1	-0	0	27	2
Cash from Financing Activity +	-2	3	21	0	0	0	0	0	0	0	0	0
Net Cash Flow	-22	-4	-0	0	-0	0	-1	0	-0	-0	0	0
Free Cash Flow	-0	2	2	0	-0	0	-1	-1	-0	-0	-27	-2
CFO/OP	15%	52%	-57%	15%	-4%	-5%	3%	6%	47%	1%	-423%	247%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-20.00	-17.00	-47.00	-39.00	-5.00	-14.00	-14.00	-12.00	0.00	-4.00	-13.00	-36.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	102	136	474	873	254	336	159	332	223	61	25	0
Inventory Days				2,602	1,140	7,531	3,039	5,098	1,349	984
Days Payable				1,064	136	941	253	447	123	87
Cash Conversion Cycle	102	136	474	2,411	1,258	6,925	2,946	4,983	1,448	958	25	0
Working Capital Days	-85	-184	-908	-13,821	-894	-6,466	-10,938	-32,974	-7,164	-5,263	-2,643	-43,452
ROCE %	-7%	18%	-11%	22%	-17%							17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%	71.74%
Public	28.26%	28.26%	28.26%	28.26%	28.26%	28.26%	28.27%	28.25%	28.26%	28.26%	28.26%	28.27%
No. of Shareholders	683	672	690	708	668	756	829	1,065	1,048	1,030	1,041	1,035

Shareholding Pattern Chart

No. of Shareholders

IITL Projects Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	45.16	-6.00	21.35	-33.61	-35.86
Diluted EPS (Rs.)	45.16	-6.00	21.35	-33.61	-35.86
Cash EPS (Rs.)	40.86	-17.55	-10.21	-10.10	-10.14
Book Value[Excl.RevalReserv]/Share (Rs.)	-66.40	-111.40	-105.44	-126.72	-93.42
Book Value[Incl.RevalReserv]/Share (Rs.)	-66.40	-111.40	-105.44	-126.72	-93.42
Revenue From Operations / Share (Rs.)	5.00	2.85	2.45	0.87	1.89
PBDIT / Share (Rs.)	11.94	-6.97	-0.57	-1.29	-2.12
PBIT / Share (Rs.)	11.93	-6.98	-0.59	-1.29	-2.12
PBT / Share (Rs.)	40.85	-17.55	-10.23	-10.06	-10.13
Net Profit / Share (Rs.)	40.85	-17.56	-10.22	-10.10	-10.14
NP After MI And SOA / Share (Rs.)	45.01	-5.97	21.28	-33.49	-35.74
PBDIT Margin (%)	238.85	-244.35	-23.62	-147.26	-112.48
PBIT Margin (%)	238.75	-244.51	-24.15	-147.26	-112.52
PBT Margin (%)	817.38	-615.18	-417.40	-1149.47	-537.28
Net Profit Margin (%)	817.39	-615.45	-417.37	-1153.37	-538.08
NP After MI And SOA Margin (%)	900.46	-209.42	868.69	-3826.23	-1895.90
Return on Networth / Equity (%)	-67.78	0.00	-20.18	0.00	0.00
Return on Capital Employeed (%)	43.74	-88.31	-17.86	4.67	74.62
Return On Assets (%)	68.01	-10.93	35.10	-54.63	-56.67
Asset Turnover Ratio (%)	0.08	0.04	0.04	0.01	0.02
Current Ratio (X)	1.66	0.20	0.16	0.11	0.14
Quick Ratio (X)	1.62	0.09	0.04	0.01	0.01
Interest Coverage Ratio (X)	1.03	-0.65	-0.06	-0.14	-0.26
Interest Coverage Ratio (Post Tax) (X)	1.03	-0.66	-0.06	-0.15	-0.26
Enterprise Value (Cr.)	-1.55	6.21	8.31	13.87	8.53
EV / Net Operating Revenue (X)	-0.62	4.35	6.77	31.65	9.03
EV / EBITDA (X)	-0.25	-1.78	-28.66	-21.49	-8.03
MarketCap / Net Operating Revenue (X)	11.71	5.70	6.88	32.27	9.07
Price / BV (X)	-0.88	-0.14	-0.15	-0.22	-0.18
Price / Net Operating Revenue (X)	11.71	5.70	6.88	32.29	9.07
EarningsYield	0.76	-0.36	1.26	-1.19	-2.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

IITL Projects Ltd. is a Public Limited Listed company incorporated on 26/10/1994 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L01110MH1994PLC082421 and registration number is 082421. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company's Total Operating Revenue is Rs. 0.21 Cr. and Equity Capital is Rs. 5.01 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Office No 101A, �The Capital�, G-Block, Plot No C-70, Mumbai Maharashtra 400051	Contact not found

Management
Name	Position Held
Dr. Bidhubhusan Samal	Chairman
Mr. Bipin Agarwal	Non Exe.Non Ind.Director
Mrs. Sujata Chattopadhyay	Independent Director
Mr. Shriram Surajmal Khandelwal	Independent Director
Mr. Shankar Narayan Mokashi	Independent Director

FAQ

What is the intrinsic value of IITL Projects Ltd and is it undervalued?

As of 25 April 2026, IITL Projects Ltd's intrinsic value is ₹477.09, which is 1009.51% higher than the current market price of ₹43.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹2.12), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of IITL Projects Ltd?

IITL Projects Ltd is trading at ₹43.00 as of 25 April 2026, with a FY2026-2027 high of ₹73.9 and low of ₹36.0. The stock is currently near its 52-week low. Market cap stands at ₹21.5 Cr..

How does IITL Projects Ltd's P/E ratio compare to its industry?

IITL Projects Ltd has a P/E ratio of 15.6, which is below the industry average of 40.61. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is IITL Projects Ltd financially healthy?

Key indicators for IITL Projects Ltd: ROCE of 16.6 % indicates efficient capital utilization; ROE of % is below ideal levels (industry average: 21.40%). Dividend yield is 0.00 %.

Is IITL Projects Ltd profitable and how is the profit trend?

IITL Projects Ltd reported a net profit of ₹31 Cr in Mar 2025. Compared to ₹11 Cr in Mar 2022, the net profit shows an improving trend.

Does IITL Projects Ltd pay dividends?

IITL Projects Ltd has a dividend yield of 0.00 % at the current price of ₹43.00. The company is currently not paying meaningful dividends.