Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹25.39 (vs ₹28.96 in FY 2025) Full year 2026 results: EPS: ₹25.39 (down from ₹28.96 in FY 2025). Revenue: ₹2.06b (up 12% from FY 2025). Net income: ₹81.4m (down 12% from FY 2025). Profit margin: 4.0% (down from 5.1% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Announcement • May 30
ITL Industries Limited Recommends Final Dividend for the Financial Year 2025-26 ITL Industries Limited at its meeting held on May 30, 2026, recommended final dividend of INR 1.25 (12.5%) per Equity shares of INR 10 per each of the Company for the financial year 2025-26, subject To Approve the Shareholders in the ensuing Annual General Meeting of the Company. Announcement • May 20
ITL Industries Limited to Report Q4, 2026 Results on May 30, 2026 ITL Industries Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Announcement • Mar 18
A group of buyers agreed to acquire 52.55% stake in M.M. Metals Private Limited from ITL Industries Limited (BSE:522183). Mrs. Rekha Jain, Mr. Mahendra Jain, Mrs. Meena Jain, Mr. Ravish Jain, Mr. Prakhar Jain, Mr. Manish Jain and Mr. Shekhar Jain agreed to acquire 52.55% stake in M.M. Metals Private Limited from ITL Industries Limited (BSE:522183) on March 17, 2026.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. The expected completion of the transaction is on or before March 31, 2026. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹8.47 (vs ₹7.19 in 3Q 2025) Third quarter 2026 results: EPS: ₹8.47 (up from ₹7.19 in 3Q 2025). Revenue: ₹514.0m (up 18% from 3Q 2025). Net income: ₹27.1m (up 18% from 3Q 2025). Profit margin: 5.3% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹292, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 56% over the past three years. Announcement • Jan 31
ITL Industries Limited to Report Q3, 2026 Results on Feb 09, 2026 ITL Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 09, 2026 New Risk • Jan 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹904.9m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹904.9m market cap, or US$9.98m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹7.94 (vs ₹6.35 in 2Q 2025) Second quarter 2026 results: EPS: ₹7.94 (up from ₹6.35 in 2Q 2025). Revenue: ₹490.9m (up 12% from 2Q 2025). Net income: ₹25.5m (up 25% from 2Q 2025). Profit margin: 5.2% (up from 4.7% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 03
ITL Industries Limited to Report Q2, 2026 Results on Nov 13, 2025 ITL Industries Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Oct 01
ITL Industries Limited Approves Dividend for Financial Year 2024-25 ITL Industries Limited at its AGM held on September 30, 2025, approved to declare dividend INR 1 per Equity Share for the financial year 2024-2025. Upcoming Dividend • Sep 16
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 23 September 2025. Payment date: 30 October 2025. Payout ratio is a comfortable 3.5% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.8%). Declared Dividend • Aug 30
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 23rd September 2025 Payment date: 30th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (3% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 29
ITL Industries Limited, Annual General Meeting, Sep 30, 2025 ITL Industries Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Location: 111, sector-b, sanwer road, industrial area, indore - 452415, India Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹7.13 (vs ₹7.21 in 1Q 2025) First quarter 2026 results: EPS: ₹7.13 (down from ₹7.21 in 1Q 2025). Revenue: ₹418.8m (up 2.2% from 1Q 2025). Net income: ₹22.9m (down 1.1% from 1Q 2025). Profit margin: 5.5% (down from 5.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 02
ITL Industries Limited to Report Q1, 2026 Results on Aug 11, 2025 ITL Industries Limited announced that they will report Q1, 2026 results on Aug 11, 2025 New Risk • Jun 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.23b market cap, or US$14.4m). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹28.96 (vs ₹28.60 in FY 2024) Full year 2025 results: EPS: ₹28.96 (up from ₹28.60 in FY 2024). Revenue: ₹1.86b (up 18% from FY 2024). Net income: ₹92.8m (up 1.3% from FY 2024). Profit margin: 5.0% (down from 5.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 30
ITL Industries Limited Recommends Final Dividend for the Financial Year 2024-25 ITL Industries Limited at its meeting held on May 30, 2025 recommended final dividend of INR 1 (10%) per Equity shares of INR 10 per each of the Company for the financial year 2024-25, subject To Approve the Shareholders in the ensuing Annual General Meeting of the Company. Announcement • May 22
ITL Industries Limited to Report Q4, 2025 Results on May 30, 2025 ITL Industries Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 30, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: ₹7.19 (vs ₹6.54 in 3Q 2024) Third quarter 2025 results: EPS: ₹7.19 (up from ₹6.54 in 3Q 2024). Revenue: ₹444.8m (up 21% from 3Q 2024). Net income: ₹23.0m (up 9.9% from 3Q 2024). Profit margin: 5.2% (down from 5.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
ITL Industries Limited to Report Q3, 2025 Results on Feb 14, 2025 ITL Industries Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹6.35 (vs ₹6.24 in 2Q 2024) Second quarter 2025 results: EPS: ₹6.35 (up from ₹6.24 in 2Q 2024). Revenue: ₹446.0m (up 16% from 2Q 2024). Net income: ₹20.4m (up 1.7% from 2Q 2024). Profit margin: 4.6% (down from 5.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
ITL Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 ITL Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 26
ITL Industries Limited Announces Board and Committee Changes ITL Industries Limited at the board meeting held on September 26,2024, approved the Cessation of Dr. Pratima Jain, Non-Executive-Independent Woman Director of the company with effect from close of business hours on September 26,2024, due to tenure completion of his second term as Independent Detector pursuant to Section 149 of the Companies Act. 2013. Reconstituted the Audit Committee of the Company with effect from September 27, 2024. The Composition of reconstituted Audit Committee - Mr. Vinod Kumar Jain - Chairperson - Non-Executive-Independent Director; Mr. Rajesh Jain - Member - Non-Executive-Independent Director; Ms. Apoorva Doshi - Member - Non-Executive-Independent Director. Reconstituted the Nomination and Remuneration Committee of the Company with effect from September 27, 2024. The Composition of reconstituted Nomination and Remuneration Committee - Mr. Vinod Kumar Jain - Chairperson - Non-Executive-Independent Director; Mr. Rajesh Jain - Member - Non-Executive-Independent Director; Ms. Apoorva Doshi - Member - Non-Executive-Independent Director. Reconstituted the Stakeholders Relationship Committee of the Company with effect from September 27, 2024. The Composition of reconstituted Stakeholders Relationship Committee - Ms. Apoorva Doshi - Chairperson - Non-Executive-Independent Director; Mr. Rajesh Jain - Member - Non-Executive-Independent Director; Mr. Vinod Kumar Jain - Member - Non-Executive-Independent Director. Reconstituted the Corporate Social Responsibility (CSR) Committee of the Company with effect from September 27, 2024. The Composition of reconstituted Stakeholders Relationship Committee - Mr. Rajendra Jain - Chairperson - Managing Director-Executive Director; Mr. Mahendra Jain - Member - Jt. Managing Director-Executive Director; Mr. Vinod Kumar Jain - Member - Non-Executive-Independent Director. Ms. Apoorva Doshi appointed as Additional Director with effect from October 24, 2024. Upcoming Dividend • Sep 13
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 3.5% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.7%). Declared Dividend • Aug 28
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 20th September 2024 Payment date: 28th October 2024 Dividend yield will be 0.2%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (3% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 26
ITL Industries Limited, Annual General Meeting, Sep 28, 2024 ITL Industries Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time. Location: 111, sector-b, sanwer road, industrial area, indore-452015., indore India Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹524, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 270% over the past three years. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹7.21 (vs ₹5.65 in 1Q 2024) First quarter 2025 results: EPS: ₹7.21 (up from ₹5.65 in 1Q 2024). Revenue: ₹415.5m (up 21% from 1Q 2024). Net income: ₹23.1m (up 28% from 1Q 2024). Profit margin: 5.6% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 05
ITL Industries Limited to Report Q1, 2025 Results on Aug 13, 2024 ITL Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹456, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 37x in the Machinery industry in India. Total returns to shareholders of 262% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹28.60 (vs ₹24.08 in FY 2023) Full year 2024 results: EPS: ₹28.60 (up from ₹24.08 in FY 2023). Revenue: ₹1.62b (up 13% from FY 2023). Net income: ₹91.6m (up 19% from FY 2023). Profit margin: 5.7% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 01
ITL Industries Limited Recommends Final Dividend for the Financial Year 2023-24 ITL Industries Limited at its board meeting held on May 30, 2024 recommended final dividend of INR 1 (10%) per Equity shares of INR 10/- each of the Company for the financial year 2023-24, subject To Approve the Shareholders in the upcoming Annual General Meeting of the Company. Announcement • May 24
ITL Industries Limited to Report Q4, 2024 Results on May 30, 2024 ITL Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹480, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 36x in the Machinery industry in India. Total returns to shareholders of 414% over the past three years. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹375, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 275% over the past three years. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.02b market cap, or US$12.2m). Announcement • Mar 28
Itl Industries Limited Announces Executive Changes ITL Industries Limited approved retirement of Mr. Niranjan Chakraborty, non executive independent director of the company with effect from close of business hours on March 31, 2024 upon completion of his second term as independent director pursuant to section 149 of the companies act,2013. Company approved reconstitution of audit committee with effect from April 1,2024. Dr. Pratima Jain: Chairperson (Non-Executive-Independent Director), Mr. Ranjesh Jain: Member (Non-Executive-Independent Director), Mr. Vinod Kumar Jain: Member (Non-Executive-Independent Director). Company approved reconstitution of Nomination and remuneration committee with effect From April 1, 2024. Dr. Pratima Jain: Chairperson (Non-Executive-Independent Director), Mr. Ranjesh Jain: Member (Non-Executive-Independent Director), Mr. Vinod Kumar Jain: Member (Non-Executive-Independent Director). Company approved reconstitution of Stakeholders Relationship Commitee with effect from April 1, 2024. Mr. Vinod Kumar Jain: Chairperson (Non-Executive-Independent Director), Mr. Ranjesh Jain: Member (Non-Executive-Independent Director), Dr. Pratima Jain: Member (Non-Executive-Independent Director). Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹6.54 (vs ₹4.73 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.54 (up from ₹4.73 in 3Q 2023). Revenue: ₹377.3m (up 11% from 3Q 2023). Net income: ₹21.0m (up 38% from 3Q 2023). Profit margin: 5.6% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
ITL Industries Limited to Report Q3, 2024 Results on Feb 14, 2024 ITL Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to ₹400, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 327% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹6.24 (vs ₹6.24 in 2Q 2023) Second quarter 2024 results: EPS: ₹6.24 (in line with 2Q 2023). Revenue: ₹388.1m (down 3.9% from 2Q 2023). Net income: ₹20.0m (flat on 2Q 2023). Profit margin: 5.2% (up from 4.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 01
ITL Industries Limited to Report First Half, 2024 Results on Nov 09, 2023 ITL Industries Limited announced that they will report first half, 2024 results on Nov 09, 2023 New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹921.2m market cap, or US$11.1m). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹308, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 31x in the Machinery industry in India. Total returns to shareholders of 383% over the past three years. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹5.65 (vs ₹5.50 in 1Q 2023) First quarter 2024 results: EPS: ₹5.65 (up from ₹5.50 in 1Q 2023). Revenue: ₹348.2m (up 21% from 1Q 2023). Net income: ₹18.1m (up 2.7% from 1Q 2023). Profit margin: 5.2% (down from 6.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
ITL Industries Limited to Report Q1, 2024 Results on Aug 10, 2023 ITL Industries Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jun 14
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹734.7m market cap, or US$8.95m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹237, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 399% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹24.08 (vs ₹18.72 in FY 2022) Full year 2023 results: EPS: ₹24.08 (up from ₹18.72 in FY 2022). Revenue: ₹1.47b (up 29% from FY 2022). Net income: ₹77.1m (up 29% from FY 2022). Profit margin: 5.3% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
ITL Industries Limited Recommends Dividend for the Financial Year Ended 31 March, 2023 ITL Industries Limited at the Board Meeting held on May 30, 2023, recommended dividend of INR 1.00 per equity Shares (10%) for the Financial Year ended on 31 March, 2023, subject to the approval of the Shareholders in upcoming Annual General meeting of the Company. Announcement • May 23
ITL Industries Limited to Report Q4, 2023 Results on May 30, 2023 ITL Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹4.73 (vs ₹4.60 in 3Q 2022) Third quarter 2023 results: EPS: ₹4.73 (up from ₹4.60 in 3Q 2022). Revenue: ₹340.6m (up 3.8% from 3Q 2022). Net income: ₹15.2m (up 2.9% from 3Q 2022). Profit margin: 4.5% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
ITL Industries Limited to Report Q3, 2023 Results on Feb 11, 2023 ITL Industries Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹6.24 (vs ₹4.31 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.24 (up from ₹4.31 in 2Q 2022). Revenue: ₹408.9m (up 46% from 2Q 2022). Net income: ₹20.0m (up 45% from 2Q 2022). Profit margin: 4.9% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Rajesh Jain was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 06
ITL Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 ITL Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 25% share price gain to ₹180, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 118% over the past three years. Announcement • Sep 28
ITL Industries Limited Approves the Payment of Dividend for the Year Ended March 31, 2022 ITL Industries Limited approved the payment of dividend at INR 0.50 per equity share for the year ended March 31, 2022. Upcoming Dividend • Sep 14
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 2.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%). Announcement • Aug 20
ITL Industries Limited, Annual General Meeting, Sep 28, 2022 ITL Industries Limited, Annual General Meeting, Sep 28, 2022, at 11:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹5.50 (vs ₹3.52 in 1Q 2022) First quarter 2023 results: EPS: ₹5.50 (up from ₹3.52 in 1Q 2022). Revenue: ₹291.7m (up 48% from 1Q 2022). Net income: ₹17.6m (up 56% from 1Q 2022). Profit margin: 6.0% (up from 5.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹18.36 (vs ₹15.52 in FY 2021) Full year 2022 results: EPS: ₹18.36 (up from ₹15.52 in FY 2021). Revenue: ₹1.15b (up 29% from FY 2021). Net income: ₹58.8m (up 18% from FY 2021). Profit margin: 5.1% (down from 5.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Announcement • Jun 01
ITL Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2022 ITL Industries Limited recommended dividend of INR 0.50 per equity shares (5%) for the financial year ended on March 31, 2022, subject To Approve the shareholders in upcoming AGM of the company, at the board meeting held on May 30, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director Rajesh Jain was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.60 (down from ₹6.26 in 3Q 2021). Revenue: ₹328.1m (up 38% from 3Q 2021). Net income: ₹14.7m (down 27% from 3Q 2021). Profit margin: 4.5% (down from 8.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director Rajesh Jain was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Non-Executive & Independent Director Rajesh Jain was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 17% share price gain to ₹166, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 12% over the past three years. Upcoming Dividend • Sep 08
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 23 October 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹162, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 20% share price gain to ₹193, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 7.6% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 20% share price gain to ₹156, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • Jun 11
Full year 2021 earnings released: EPS ₹15.52 (vs ₹12.93 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹895.9m (up 12% from FY 2020). Net income: ₹49.7m (up 20% from FY 2020). Profit margin: 5.5% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 15% share price gain to ₹116, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 37% share price gain to ₹124, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 6.5x. This compares to an average P/E of 22x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 58%. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹6.26 (vs ₹4.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹237.7m (up 32% from 3Q 2020). Net income: ₹20.1m (up 56% from 3Q 2020). Profit margin: 8.4% (up from 7.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 15
New 90-day high: ₹97.70 The company is up 40% from its price of ₹69.55 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 32% over the same period. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹93.55, the stock is trading at a trailing P/E ratio of 8x, up from the previous P/E ratio of 6.9x. This compares to an average P/E of 21x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 67%. Announcement • Jan 29
ITL Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 ITL Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹93.65 The company is up 42% from its price of ₹66.00 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹91.90 The company is up 53% from its price of ₹59.90 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 19% share price gain to ₹91.90, the stock is trading at a trailing P/E ratio of 7.9x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 22x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 61%. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 18% share price gain to ₹91.50, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 21x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 59%. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 21% share price gain to ₹84.90, the stock is trading at a trailing P/E ratio of 7.3x, up from the previous P/E ratio of 6x. This compares to an average P/E of 20x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 60%. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹5.34 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹236.2m (up 12% from 2Q 2020). Net income: ₹17.1m (up 133% from 2Q 2020). Profit margin: 7.2% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Nov 12
New 90-day high: ₹73.60 The company is up 14% from its price of ₹64.80 on 14 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 22% share price gain to ₹73.60, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.4x. This compares to an average P/E of 19x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 57%. Announcement • Oct 30
ITL Industries Limited to Report Q2, 2021 Results on Nov 11, 2020 ITL Industries Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Jun 18
ITL Industries Limited to Report Q4, 2020 Results on Jun 30, 2020 ITL Industries Limited announced that they will report Q4, 2020 results on Jun 30, 2020 
