ITL
ITL Industries financials
- Market cap
- ₹118 Cr
- Sector
- Capital Goods
Quarterly results
Q4 FY26: revenue up 12.3%, net profit down 78.8% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41 | 44 | 44 | 55 | 41 +1% | 49 +11% | 51 +17% | 62 +12% |
| EBITDA | 3 | 3 | 3 | 5 | 4 +9% | 4 +40% | 4 +46% | 2 −57% |
| Net profit | 2 | 2 | 2 | 3 | 2 −3% | 3 +22% | 3 +18% | 1 −79% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +3.1% 1Y
1Y: ₹358 on 10 Sept 2025 → ₹369.25. High ₹372.6 (31 Aug 2026), low ₹223.85 (16 Mar 2026).
Financials, as filed
Revenue grew 13.4% a year over 2 years, FY24 to FY26. Operating margin held at 6.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹158 Cr | ₹183 Cr | ₹203 Cr |
| Operating profit | ₹11 Cr | ₹14 Cr | ₹14 Cr |
| Operating margin | 7.1% | 7.5% | 6.8% |
| Interest | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹9 Cr | ₹9 Cr | ₹8 Cr |
| Net margin | 5.9% | 5.2% | 4.0% |
| Cash from operations | ₹5 Cr | ₹1 Cr | ₹0 Cr |
| Free cash flow | ₹2 Cr | ₹-2 Cr | ₹-3 Cr |
| ROCE | 16.0% | 16.0% | 13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Reserves | ₹46 Cr | ₹52 Cr | ₹59 Cr | ₹68 Cr | ₹82 Cr | ₹85 Cr |
| Borrowings | ₹18 Cr | ₹18 Cr | ₹16 Cr | ₹16 Cr | ₹22 Cr | ₹23 Cr |
| Other liabilities | ₹23 Cr | ₹28 Cr | ₹31 Cr | ₹31 Cr | ₹42 Cr | ₹42 Cr |
| Total liabilities | ₹90 Cr | ₹101 Cr | ₹110 Cr | ₹118 Cr | ₹149 Cr | ₹153 Cr |
| Fixed assets | ₹19 Cr | ₹15 Cr | ₹14 Cr | ₹17 Cr | ₹17 Cr | ₹15 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹9 Cr | ₹11 Cr | ₹14 Cr | ₹17 Cr | ₹19 Cr | ₹17 Cr |
| Other assets | ₹63 Cr | ₹74 Cr | ₹80 Cr | ₹84 Cr | ₹113 Cr | ₹122 Cr |
| Total assets | ₹90 Cr | ₹101 Cr | ₹110 Cr | ₹118 Cr | ₹149 Cr | ₹153 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 4,729.
- Promoters
- 45.0%
- Public
- 55.0%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 45.0%, Public 55.0%.Dec '23: Promoters 45.0%, Public 55.0%.Mar '24: Promoters 45.0%, Public 55.0%.Jun '24: Promoters 45.0%, Public 55.0%.Sep '24: Promoters 45.0%, Public 55.0%.Dec '24: Promoters 45.0%, Public 55.0%.Mar '25: Promoters 45.0%, Public 55.0%.Jun '25: Promoters 45.0%, Public 55.0%.Sep '25: Promoters 45.0%, Public 55.0%.Dec '25: Promoters 45.0%, Public 55.0%.Mar '26: Promoters 45.0%, Public 55.0%.Jun '26: Promoters 45.0%, Public 55.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rekha Jain newly disclosed 4.09% held
- Zaki Abbas Nasser +0.31 pp 4.21% held
- Shreekant Varun Phumbhra Huf +0.16 pp 1.56% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of ITL Industries Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rajendra Jain | 13.89% | unchanged |
| Mahendra Jain | 7.84% | unchanged |
| Investor Education and Protection Fund (IEPF) | 4.44% | −0.08 pp |
| Zaki Abbas Nasser | 4.21% | +0.31 pp |
| Remswegs Marketing Private Limited | 4.09% | unchanged |
| Rekha Jain | 4.09% | newly disclosed |
| Ravish Jain | 2.94% | unchanged |
| Manish Jain | 2.93% | unchanged |
| Shekhar Jain | 2.90% | unchanged |
| Meena Jain | 2.72% | unchanged |
| Prakhar Jain | 2.58% | unchanged |
| Anand Mishrilal Jaju | 1.63% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
FairTo justify its price of ₹369, this stock must grow earnings at 7% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹353 — downside of 4%.
- Growth the price implies
- 6.6% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 4.7% a year
- net profit, FY24–FY26 · EPS 5.7%
- The gap
- 0.0 pp
- -4% downside if it only repeats history
Learn to analyse ITL Industries Ltd.
Guides on how to read this kind of business and the numbers that matter.