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IITL · Industrial Investment Trust Ltd · Investment Services

IITL · Industrial Investment Trust Ltd · Investment Services

₹117.66-0.7%

As of 05 Nov close

52-week range

52wk low ₹10852wk high ₹204

42.3% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

FII holding falling for 2+ quartersPromoter holding rose this quarter

Revenue (latest Q)

₹27 Cr

Revenue YoY

PAT YoY

+48.9%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

0.8

P/S (TTM)

Not available from data source

Sector P/E

14.4

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
IITL (this stock)Not meaningful (earnings negative over the last 12 months)0.8Not available from data source-1.7%00.0%
ICICI Prudential Asset Management Company Ltd46.736.9+56.0%Not available from data source3.22+0.9%
HDFC Asset Management Company39.812.3+69.3%Not available from data source1.86+2.0%
Nippon Life India Asset Management49.916.2+56.4%+34.5%1.36+1.8%

Promoter

rising 3q

FII

falling 2q

MF

Not available from data source

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2022-23195 pages

Industrial Investment Trust Limited (IITL) reported significant financial distress in FY2022-23, with its subsidiary IITL Projects Limited having a negative net worth of ₹6,079.83 lakhs and accumulated losses exceeding paid-up equity capital. The subsidiary's ability to continue as a going concern is doubtful due to adverse cash flows from joint ventures, including fully impaired investments in IITL-Nimbus Express Park View, IITL-Nimbus The Hyde Park, and Capital Infra Projects. The parent company has not recommended a dividend for the year and is exploring options to infuse funds or exit loss-making ventures. The auditors issued a qualified opinion due to uncertainties surrounding the subsidiary's going concern status.

  • Subsidiary IITL Projects Limited has negative net worth of ₹6,079.83 lakhs and accumulated losses exceeding paid-up equity capital.
  • Auditors issued a qualified opinion due to uncertainty about the subsidiary's ability to continue as a going concern.
  • Parent company has not recommended a dividend for FY2022-23.
  • Fully impaired investments in three joint ventures: IITL-Nimbus Express Park View, IITL-Nimbus The Hyde Park, and Capital Infra Projects.
  • Management is exploring options to infuse funds or exit loss-making ventures.

Key takeaway: IITL faces significant financial risks due to its subsidiary's negative net worth and impaired investments, with auditors expressing concerns about the subsidiary's ability to continue as a going concern.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 01 Jan 1970View source filing →

Governance disclosures

AI-generated

Needs attention

Auditor Qualification (1 item); Regulatory Action (2 items); Investigation or enforcement mention (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Auditor Qualification

1 occurrence

Recent (last 12 months)

Annual Report25 Aug 2026 (FY2025-26)
View source filing →

The auditor highlights that the company's subsidiary IITL Projects Limited has a negative net worth as of March 31, 2026, with accumulated losses exceeding its paid-up capital, leading to the company no longer being a 'Going Concern.' The financial statements are prepared based on the assumption that the company will not continue as a going concern, with assets valued at realizable value and liabilities fully provided for.

Regulatory Action

2 occurrences

Earlier (1-3 years ago)

Annual Report16 Aug 2025 (FY2024-25)
View source filing →

The company received penalty letters from BSE and NSE for non-compliance with SEBI LODR regarding reconstitution of committees, and paid fines totaling ₹4,29,600 (including GST). Additionally, RBI issued a letter regarding a change in management exceeding 30% of directors without prior intimation, though the company provided explanations.

Annual Report02 Sept 2024 (FY2023-24)· 4 passages
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The Reserve Bank of India (RBI) prohibited the company via a letter dated June 25, 2018.

Investigation or enforcement mention

1 occurrence

Earlier (1-3 years ago)

Annual Report16 Aug 2025 (FY2024-25)
View source filing →

The company disclosed an instance of fraud involving cash embezzlement, though specific details such as the number of cases, amount of fraud, recovery, and amount written off are not provided.

Routine disclosures

Contingent Liability

3 occurrences

Recent (last 12 months)

Annual Report25 Aug 2026 (FY2025-26)· 9 passages
View source filing →

The company has a contingent liability on account of Income Tax aggregating to Rs 840.01 lakhs.

Earlier (1-3 years ago)

Annual Report16 Aug 2025 (FY2024-25)· 10 passages
View source filing →

The company has ongoing litigations with various regulatory authorities and third parties, which are considered contingent liabilities. Information about such litigations is provided in notes to the financial statements.

Annual Report02 Sept 2024 (FY2023-24)· 17 passages
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The company has disclosed the impact of pending litigation on its financial position in its standalone financial statements, as referenced in Note 30.

Related-Party Transaction

3 occurrences

Recent (last 12 months)

Annual Report25 Aug 2026 (FY2025-26)· 5 passages
View source filing →

The company obtained member approval via postal ballot for a related-party transaction involving the subsidiary IITL Projects Limited, which sought consent to vary terms of 70,00,000 preference shares issued to the company.

Earlier (1-3 years ago)

Annual Report16 Aug 2025 (FY2024-25)· 4 passages
View source filing →

The company approved a related party transaction involving a rent agreement with Nimbus Projects Limited for their office premises in New Delhi at a monthly rent of Rs.1,00,000/- plus GST for 33 months starting October 01, 2025.

Annual Report02 Sept 2024 (FY2023-24)· 5 passages
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The company approved a related-party transaction involving the sale of its investment in World Resorts Limited's equity and preference shares to Nimbus (India) Limited, a shareholder of World Resorts Limited.

Management & Board Governance

1 occurrence

Earlier (1-3 years ago)

Annual Report16 Aug 2025 (FY2024-25)
View source filing →

The company has had several changes in its key management personnel, including resignations of Bhavin Zaveri (Group CFO) on March 31, 2024, Rajev Adlakha (CEO-NBFC Operations) on December 16, 2023, and Ajit Mishra (Group CFO) on September 25, 2023.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

1.06% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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