INNOVTEC
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Forensics
- 5D
- 1M
- 6M
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- 5Y
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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Corporate Actions
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Events:
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Popular questions
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Business
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Financials
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Share Price
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Shareholdings
What does Innovative Tech Pack do?
Innovative Tech Pack Limited specializes in manufacturing PET and PP packaging products through advanced molding processes, providing a competitive edge with a strong technical and quality control team.
Who are the competitors of Innovative Tech Pack?
Innovative Tech Pack major competitors are Jumbo Bag, National Plastic Ind, CDG Petchem, Pearl Polymers, Narmada Macplast, Mega Flex Plastics, Press. Sensitive Sys. Market Cap of Innovative Tech Pack is ₹57 Crs. While the median market cap of its peers are ₹58 Crs.
Is Innovative Tech Pack financially stable compared to its competitors?
Innovative Tech Pack seems to be less financially stable compared to its competitors. Altman Z score of Innovative Tech Pack is 2.66 and is ranked 6 out of its 8 competitors.
Does Innovative Tech Pack pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Innovative Tech Pack latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Innovative Tech Pack allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Innovative Tech Pack balance sheet?
Balance sheet of Innovative Tech Pack is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Innovative Tech Pack improving?
Yes, profit is increasing. The profit of Innovative Tech Pack is ₹1.79 Crs for Mar 2024, -₹1.43 Crs for Mar 2023 and -₹7.45 Crs for Mar 2022
Is the debt of Innovative Tech Pack increasing or decreasing?
The net debt of Innovative Tech Pack is decreasing. Latest net debt of Innovative Tech Pack is ₹19.53 Crs as of Mar-24. This is less than Mar-23 when it was ₹30.46 Crs.
Is Innovative Tech Pack stock expensive?
Innovative Tech Pack is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Innovative Tech Pack is 0.0, while 3 year average PE is 27.41. Also latest EV/EBITDA of Innovative Tech Pack is 7.75 while 3yr average is 6.33.
Has the share price of Innovative Tech Pack grown faster than its competition?
Innovative Tech Pack has given better returns compared to its competitors. Innovative Tech Pack has grown at ~22.47% over the last 2yrs while peers have grown at a median rate of 20.13%
Is the promoter bullish about Innovative Tech Pack?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Innovative Tech Pack is 74.36% and last quarter promoter holding is 74.36%.
Are mutual funds buying/selling Innovative Tech Pack?
The mutual fund holding of Innovative Tech Pack is stable. The current mutual fund holding in Innovative Tech Pack is 0.06% while previous quarter holding is 0.06%.