Integrated Industries Ltd
IILIntegrated Industries Ltd's earnings have outrun its stock. EPS grew +86.9% in a year against a +85.5% price move.
The sharpest disagreement: profits are rising, but only 13% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (15 weeks in) while the P/E sits at the 45th percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +93.8% year on year, and 13% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Integrated Industries Ltd trades at ₹43.1, in a confirmed uptrend and 15 weeks into that stage. That is +40.1% against its own 200-day average. It sits at 96% of a 52-week range of ₹18 to ₹44. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 25 straight weeks.
Today the stock is in a confirmed uptrend — week 15 of stage 2, confirmed. At ₹43.1 it trades +40.1% versus its 200-day average and sits at 96% of its 52-week range (₹18–₹44).
Against the market, two honest reads. Cumulative: over the last 10.0 years the stock moved +47,778% while the NIFTY 500 moved +249% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 25 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Story check
Integrated Industries Ltd's story is not scored yet against the markers our research file set on 17 May 2026. Where it sits in its own cycle: CYCLE_BOTTOM. Still open: CFO Anil Kumar resigned April 2026 after roughly one year; replaced by Sheetal Soni (CA Inter, 10 years experience, previously at a subsidiary).
Our read, 17 May 2026. A PCB-to-biscuit pivot delivering triple-digit PAT growth while PE sits at cycle bottom — priced like the old business, growing like the new one.
From the numbers. PE compressed 91% from peak of 131.4x (Dec 2023) to 11.6x today while TTM PAT grew 95%. This is a textbook EARNINGS_DRIVEN compression — the multiple did not collapse, earnings caught up to the price. EPS at ₹3.72 TTM…
From the price. Price stage 2, week 15 — above its 200-day line, relative strength rising.
From the research. A PCB-to-biscuit pivot delivering triple-digit PAT growth while PE sits at cycle bottom — priced like the old business, growing like the new one.
🚨 Where they disagree. PE compressed 91% from peak of 131.4x (Dec 2023) to 11.6x today while TTM PAT grew 95%. This is a textbook EARNINGS_DRIVEN compression — the multiple did not collapse, earnings caught up to the price. EPS at ₹3.72 TTM vs ₹0.57 in Q3 FY24 is a 6.5x earnings jump in 24 months.
What is proven. A PCB-to-biscuit pivot delivering triple-digit PAT growth while PE sits at cycle bottom — priced like the old business, growing like the new one.
What is not proven yet. CFO Anil Kumar resigned April 2026 after roughly one year; replaced by Sheetal Soni (CA Inter, 10 years experience, previously at a subsidiary).
The test written in advance. CFO Transition + Governance Opacity — CFO Transition + Governance Opacity Q4 FY26 results announcement and whether a concall is held with new CFO by the next result.
The test written in advance. Capacity Execution Risk — Secunderabad Plant — Capacity Execution Risk — Secunderabad Plant Q4 FY26 concall update on plant commissioning date and funding finalization by the next result.
The test written in advance. Geographic Concentration — North India Only — Geographic Concentration — North India Only Any announcement of distribution expansion beyond North India or East India entry by the next result.
What the company does. Four consecutive quarters of 41-101% YoY PAT growth (Q4 FY25 through Q3 FY26) as FMCG operating leverage kicks in off a tiny base. PE at 11.6x, 33rd percentile of its own 10-year history, while TTM PAT is up 94.6% — the multiple has not yet caught up to the earnings reset. New 5,000 MT/month Secunderabad plant (UP) targeted for late FY27 full utilisation, doubling capacity with higher-margin value-added cookies and confectionery.
| Dial | Now | Was | Why it matters | Watch line |
|---|---|---|---|---|
| Operating Leverage Inflection | HIGH | — | Revenue roughly doubling YoY while PAT grows 40-100% — every ₹1 incremental revenue at the Neemrana plant drops ~22p to PAT… | Q4 FY26 results announcement and whether a concall is held with new CFO |
| Capacity Expansion — Secunderabad UP Plant | MEDIUM_HIGH | — | 5,000 MT/month new plant targeted for end-FY26 commissioning — doubles total capacity and adds value-added cookies/confectionery… | Q4 FY26 results announcement and whether a concall is held with new CFO |
Lever 1 · Operating leverage — BUILDING. Revenue roughly doubling YoY while PAT grows 40-100% — every ₹1 incremental revenue at the Neemrana plant drops ~22p to PAT given near-zero debt cost. What proves it keeps working: Operating Leverage Inflection. It stops working if Q4 FY26 results announcement and whether a concall is held with new CFO.
Lever 6 · Order-book wins — BUILDING. 5,000 MT/month new plant targeted for end-FY26 commissioning — doubles total capacity and adds value-added cookies/confectionery lines with structurally higher margins. What proves it keeps working: Capacity Expansion — Secunderabad UP Plant. It stops working if Q4 FY26 results announcement and whether a concall is held with new CFO.
Sources: our stock research file (17 May 2026) · quarterly results through Dec 25. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Integrated Industries Ltd reported ₹290 Cr of revenue in the Dec 25 quarter, +45.7% year on year. That is the 7th straight quarter of year-on-year growth. Over 2 years it has compounded at 1,137.7% a year. The last full year, FY25, came in at ₹766 Cr. The last four reported quarters add to ₹1,067 Cr.
Why this happened. Current Neemrana plant is approaching capacity limits (~75-80% utilization as of Feb 2025 concall). The Secunderabad (UP) facility was described as at 'advanced stages' in the Feb 2025 concall, with commercial production planned for end-FY26. It will add 5,000 MT capacity for Danish butter cookies, wafer cones, and chocolates. The ₹101.5 Cr warrant raise (Dec 2025) was explicitly for 'CAPEX for subsidiary-level capacity expansion'. This is an 18-month trigger with commissioning risk.
FY25 revenue came in at ₹766 Cr (+131.4% on the year), capping 2 years at 1,137.7% compound. The latest quarter (Dec 25) printed ₹290 Cr, +45.7% year on year — the 7th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +62.6% growth against the decade's 1,137.7% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +60.5% over the last 4 quarters against +135.7%/yr over the last 8 — rolling over; TTM profit +94.6% vs +214.8%/yr — rolling over.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Integrated Industries Ltd's operating margin is 11.0% in the Dec 25 quarter, +2.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 9.0% to 97.0%. The current quarter sits inside that band.
Why this happened. The core mechanism: the company acquired a running biscuit plant in FY23 with near-zero fixed-cost base. As volumes ramped through FY25 and FY26, incremental margin on in-house manufacturing (vs prior contract) flowed directly to PAT. OPM expanded from 7.86% (Sep 2024) to 11.46% (Dec 2025). The same leverage will replay when the Secunderabad plant reaches utilization in FY27-28, but starting from a larger base.
The latest quarter's operating margin is 11.0%, +2.0 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 9.0%–97.0%.
Why the margin moved: operating margin went +2.8 pp year on year while gross margin went +2.6 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Integrated Industries Ltd earned ₹31.0 Cr of net profit in the Dec 25 quarter, +93.8% year on year. It is the 7th consecutive quarter of growth. Full-year FY25 profit was ₹67.0 Cr. The 2-year compound rate is 718.5%. That is 10.7% of the quarter's revenue. The same quarter a year earlier earned ₹16.0 Cr.
Dec 25 profit was ₹31.0 Cr, +93.8% year on year — the 7th consecutive quarter of growth. On the full year, FY25 printed ₹67.0 Cr (+168.0%), and the 2-year compound rate is 718.5%.
Why profit moved: revenue contributed +45.7% and the margin +2.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +94.3% vs revenue +62.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 13% of Integrated Industries Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹48.0 Cr of operating cash against ₹67.0 Cr of profit. After ₹3.0 Cr of capital spending, ₹45.0 Cr was left as free cash.
FY25: operating cash of ₹48.0 Cr against reported profit of ₹67.0 Cr, leaving free cash of ₹45.0 Cr after ₹3.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 13% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 13%: the cash cycle tightened 614 days between FY23 and FY25 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 15.6× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Integrated Industries Ltd's cash conversion cycle runs −614 days in FY25, down from 0 days in FY23. Capital spending ran ₹78.0 Cr over the last 2 years. At FY25 sales of ₹766 Cr each day of that cycle holds about ₹2.1 Cr, so roughly ₹−1,289 Cr sits inside the business at any moment.
FY25: debtors at 92 days, inventory at 55 days — roughly 1.8 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −614 days, tighter than FY23's 0.
The full loop: cash goes out to suppliers and production on day 0; stock waits 55 days to sell; customers pay about 92 days after that; and suppliers themselves are paid at 760 days — netting out to the −614-day cycle.
In money terms: at FY25 sales of ₹766 Cr, each day of the cycle holds about ₹2.1 Cr — so the −614-day loop keeps roughly ₹−1,289 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹78.0 Cr over the last 2 fiscal years against ₹5.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Integrated Industries Ltd earns a ROCE of 30% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 8.7% net margin on 1.59× asset turns.
FY25 ROCE is 30%.
Why the return is what it is — the wiring (FY25): 8.7% net margin × 1.59× asset turns × 1.86× balance-sheet leverage ≈ 25.7% on equity. Margin does its share; leverage is a meaningful part of the equation.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Integrated Industries Ltd carries ₹2.0 Cr of borrowings against ₹260 Cr of equity in FY25, a debt-to-equity of 0.01. Operating profit covers the interest bill 69×. Over 2 years borrowings went from ₹1.0 Cr to ₹2.0 Cr. Capital spending ran ₹78.0 Cr across the last 2 of those years.
FY25: borrowings of ₹2.0 Cr against equity of ₹260 Cr — a debt-to-equity of 0.01. Operating profit covers the interest bill 69×. Over 2 years borrowings went from ₹1.0 Cr to ₹2.0 Cr while capital spending ran ₹78.0 Cr in just the last 2 — part of the build-out is riding on borrowed money.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions cut 6.5 points of Integrated Industries Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 0.3% of the company. Promoters moved −2.1 points over the same window, to 53.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −6.5 points over 8 quarters to 0.3%; Promoters: −2.1 points over 8 quarters to 53.8%; Domestic institutions: −0.1 points over 8 quarters to 0.1%.
🚨 Why the register moved: foreign institutions drove it (−6.5 points), alongside promoters (−2.1 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Integrated Industries Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Integrated Industries Ltd trades at 11.6× P/E, mid-range by its own standards (45th percentile). Its long-run median P/E is 15.7×, measured across 2.9 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 11.6× is mid-range by its own standards (45th percentile), against a long-run median of 15.7× measured over 2.9 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +86.9% against a +85.5% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the +177.8%/yr price move, ~+198.1%/yr came from earnings growth and ~−20.3 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Integrated Industries Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 7 quarters across 0 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +131.4% | — | — | — |
| Profit | +168.0% | — | — | — |
| EPS | +86.9% | — | — | — |
| Share price | +85.5% | +177.8% | +214.5% | +85.4% |
4-Factor Sector Score
64.0/100 — rank 15 of 20 in Diversified · 50% evidence confidence · provisional, ranked below fully-evidenced peers
Integrated Industries Ltd scores 64.0 out of 100 against the 20 companies it is compared with in Diversified, ranking 15. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 20.3 + 16.5 + 11 + 16.2 = 64. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Sobhagya Mercantile Ltd512014 | 65.9/100Favorable setup75% evidence | TURNING | 19.5/35 Revenue 49.3% · PAT 41.8% · OPM change -0.5 pp 95% evidence | 19.1/25 ROCE 23.4% · OPM 14.4% 76% evidence | 9.7/20 P/E 61.1× · PEG — 15% evidence | 17.6/20 RS sector 31% · RS bench 32.9% · 1Y 61.9%6 of 12 weeks ahead 100% evidence |
| Exact sum: 19.5 + 19.1 + 9.7 + 17.6 = 65.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Indiabulls LimitedIBULLSLTD | 61.8/100Mixed-positive evidence67% evidence | LEADER | 18.4/35 Revenue 100% · PAT 100% · OPM change 28 pp 71% evidence | 14.1/25 ROCE 16.2% · OPM 43% 76% evidence | 10.6/20 P/E 13× · PEG — 15% evidence | 18.7/20 RS sector 44.3% · RS bench 45% · 1Y 67.6%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.4 + 14.1 + 10.6 + 18.7 = 61.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3BCL Industries LtdBCLIND | 60.6/100Mixed-positive evidence87% evidence | FADING | 19.1/35 Revenue -13.1% · PAT 15.2% · OPM change 3 pp 95% evidence | 15.0/25 ROCE 13.9% · OPM 10% 95% evidence | 13.3/20 P/E 9× · PEG — 50% evidence | 13.2/20 RS sector 0.1% · RS bench 1.7% · 1Y -17.2%7 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 15 + 13.3 + 13.2 = 60.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Kalind Ltd526935 | 59.8/100Mixed-positive evidence82% evidence | ASLEEP | 30.6/35 Revenue 100% · PAT 100% · OPM change 21 pp 95% evidence | 18.2/25 ROCE 32% · OPM 63% 76% evidence | 10.7/20 P/E 13.9× · PEG — 50% evidence | 0.3/20 RS sector -89.6% · RS bench -36.7% · 1Y -67.4%0 of 12 weeks ahead 100% evidence |
| Exact sum: 30.6 + 18.2 + 10.7 + 0.3 = 59.8 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -89.6% and the one-year return is -67.4%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 5Grasim Industries LtdGRASIM | 59.1/100Mixed-positive evidence82% evidence | LEADER | 23.6/35 Revenue 19.5% · PAT 33.1% · OPM change 1 pp 95% evidence | 12.8/25 ROCE 8% · OPM 23% 76% evidence | 6.9/20 P/E 38.5× · PEG — 50% evidence | 15.8/20 RS sector 9.2% · RS bench 10.7% · 1Y 20.7%12 of 12 weeks ahead 100% evidence |
| Exact sum: 23.6 + 12.8 + 6.9 + 15.8 = 59.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 63M India Ltd3MINDIA | 54.6/100Mixed-positive evidence94% evidence | BREAKING OUT | 21.3/35 Revenue 15.7% · PAT 16.1% · OPM change -3 pp 100% evidence | 18.8/25 ROCE 50% · OPM 17% 100% evidence | 4.3/20 P/E 90.3× · PEG 3.29 100% evidence | 10.2/20 RS sector -3.7% · RS bench 4.5% · 1Y 11.8%4 of 10 weeks ahead 70% evidence |
| Exact sum: 21.3 + 18.8 + 4.3 + 10.2 = 54.6 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 7Balmer Lawrie & Company LtdBALMLAWRIE | 52.5/100Mixed-positive evidence82% evidence | ASLEEP | 16.7/35 Revenue 8.9% · PAT 3.8% · OPM change 1 pp 95% evidence | 15.2/25 ROCE 14.6% · OPM 13% 76% evidence | 14.5/20 P/E 10.6× · PEG — 50% evidence | 6.1/20 RS sector -10.1% · RS bench -8.5% · 1Y -16.5%1 of 12 weeks ahead 100% evidence |
| Exact sum: 16.7 + 15.2 + 14.5 + 6.1 = 52.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Nurture Well Industries Ltd531889 | 49.6/100Mixed-negative evidence75% evidence | ASLEEP | 19.1/35 Revenue 34% · PAT 27% · OPM change 1 pp 95% evidence | 16.6/25 ROCE 22.9% · OPM 11% 76% evidence | 11.3/20 P/E 9.1× · PEG — 15% evidence | 2.6/20 RS sector -26.7% · RS bench -25.5% · 1Y 13.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 16.6 + 11.3 + 2.6 = 49.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Texmaco Infrastructure & Holdings LtdTEXINFRA | 49.3/100Mixed-negative evidence80% evidence | LEADER | 18.7/35 Revenue 5.5% · PAT 100% · OPM change -37.9 pp 95% evidence | 6.6/25 ROCE 1.4% · OPM -48.8% 95% evidence | 8.7/20 P/E 151× · PEG — 15% evidence | 15.3/20 RS sector 4.3% · RS bench 5.7% · 1Y 10.5%8 of 12 weeks ahead 100% evidence |
| Exact sum: 18.7 + 6.6 + 8.7 + 15.3 = 49.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Bluspring Enterprises LtdBLUSPRING | 43.0/100Thin evidence · provisional57% evidence | BREAKING OUT | 18.3/35 Revenue 11.8% · PAT 90.6% · OPM change 0.7 pp 71% evidence | 3.8/25 ROCE 5.2% · OPM 2.2% 95% evidence | 8.9/20 P/E 109× · PEG — 15% evidence | 12.0/20 RS sector — · RS bench 42.5% · 1Y 37.6%10 of 10 weeks ahead 25% evidence |
| Exact sum: 18.3 + 3.8 + 8.9 + 12 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11Nava LtdNAVA | 41.4/100Mixed-negative evidence93% evidence | ASLEEP | 9.8/35 Revenue 9% · PAT -29.9% · OPM change -6 pp 100% evidence | 13.1/25 ROCE 12.8% · OPM 43% 100% evidence | 13.0/20 P/E 21.4× · PEG 1.16 65% evidence | 5.5/20 RS sector -7.8% · RS bench -6.4% · 1Y -5.6%1 of 12 weeks ahead 100% evidence |
| Exact sum: 9.8 + 13.1 + 13 + 5.5 = 41.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12Tube Investments of India LtdTIINDIA | 41.3/100Mixed-negative evidence100% evidence | ASLEEP | 15.4/35 Revenue 17.6% · PAT 6.6% · OPM change -1 pp 100% evidence | 15.6/25 ROCE 17.1% · OPM 9% 100% evidence | 2.2/20 P/E 84.4× · PEG 9.63 100% evidence | 8.1/20 RS sector -6.7% · RS bench -5.3% · 1Y -4.9%7 of 12 weeks ahead 100% evidence |
| Exact sum: 15.4 + 15.6 + 2.2 + 8.1 = 41.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Andrew Yule & Company LtdANDREWYU | 35.9/100Mixed-negative evidence66% evidence | ASLEEP | 14.6/35 Revenue -4.8% · PAT -80% · OPM change 25.9 pp 95% evidence | 3.7/25 ROCE -6.3% · OPM -23.4% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 7.6/20 RS sector -37% · RS bench 6.3% · 1Y -2.1%7 of 11 weeks ahead 70% evidence |
| Exact sum: 14.6 + 3.7 + 10 + 7.6 = 35.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Swan Corp LtdSWANCORP | 32.9/100Adverse evidence69% evidence | BASING | 12.3/35 Revenue -16.7% · PAT -67.2% · OPM change -2.6 pp 95% evidence | 6.0/25 ROCE 3.9% · OPM -0.4% 76% evidence | 9.9/20 P/E 42.7× · PEG — 15% evidence | 4.7/20 RS sector -29.3% · RS bench -23.1% · 1Y -26.6%0 of 10 weeks ahead 70% evidence |
| Exact sum: 12.3 + 6 + 9.9 + 4.7 = 32.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Integrated Industries Ltdthis pageIIL | 64.0/100Thin evidence · provisional50% evidence | 20.3/35 Revenue 60.5% · PAT 94.6% · OPM change 2 pp 53% evidence | 16.5/25 ROCE 30.5% · OPM 11% 57% evidence | 11.0/20 P/E 11.6× · PEG — 15% evidence | 16.2/20 RS sector 51.9% · RS bench 63.7% · 1Y 114.9%11 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 20.3 + 16.5 + 11 + 16.2 = 64 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 16Arunis Abode LtdARUNIS | 50.9/100Thin evidence · provisional45% evidence | 15.3/35 Revenue 100% · PAT 100% · OPM change -17.7 pp 40% evidence | 9.5/25 ROCE -5.3% · OPM 28.5% 57% evidence | 9.4/20 P/E 62.5× · PEG — 15% evidence | 16.7/20 RS sector 131.3% · RS bench 136.7% · 1Y 358.6%12 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 15.3 + 9.5 + 9.4 + 16.7 = 50.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 17Bharat Global Developers LtdBGDL | 47.0/100Thin evidence · provisional47% evidence | 15.7/35 Revenue -74% · PAT -80% · OPM change 4.2 pp 53% evidence | 10.8/25 ROCE 11.3% · OPM — 46% evidence | 8.5/20 P/E 291× · PEG — 15% evidence | 12.0/20 RS sector 165.8% · RS bench -70.1% · 1Y 22%0 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 15.7 + 10.8 + 8.5 + 12 = 47 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 18Piramal Enterprises Ltd(Merged)PEL | 44.7/100Thin evidence · provisional41% evidence | 16.7/35 Revenue -35.5% · PAT 100% · OPM change -9.8 pp 27% evidence | 10.8/25 ROCE 4.9% · OPM 77.4% 57% evidence | 9.6/20 P/E 61.4× · PEG — 15% evidence | 7.6/20 RS sector -20.3% · RS bench 1% · 1Y -1.1%6 of 12 weeks ahead to 2025-09-24 70% evidence | |
| Exact sum: 16.7 + 10.8 + 9.6 + 7.6 = 44.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 19Rossell India LtdROSSELLIND | 42.2/100Thin evidence · provisional47% evidence | 14.8/35 Revenue 4.8% · PAT -41.1% · OPM change 0.1 pp 36% evidence | 11.4/25 ROCE 6.4% · OPM 10.7% 71% evidence | 10.8/20 P/E 11.8× · PEG — 15% evidence | 5.2/20 RS sector -28.8% · RS bench -19.6% · 1Y -34.2%0 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 14.8 + 11.4 + 10.8 + 5.2 = 42.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20Kesar Enterprises LtdKESAR | 33.5/100Thin evidence · provisional42% evidence | 14.2/35 Revenue -55.3% · PAT -80% · OPM change 7.4 pp 40% evidence | 5.8/25 ROCE -26.2% · OPM 2.8% 57% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.5/20 RS sector -44.4% · RS bench -39.4% · 1Y -54.2%0 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 14.2 + 5.8 + 10 + 3.5 = 33.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Integrated Industries Ltd's share price today?
Integrated Industries Ltd trades at ₹43.1, +85.5% over the past year. The company is valued at ₹1,003 Cr. The stock sits at 96% of its 52-week range of ₹18–₹44, +40.1% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 15 weeks in. — as of 14 August 2026.
What were Integrated Industries Ltd's latest quarterly results?
Integrated Industries Ltd reported revenue of ₹290 Cr and net profit of ₹31.0 Cr for the Dec 25 quarter. Revenue rose 45.7% and profit rose 93.8% year on year. Earnings per share were ₹1.06. The operating margin was 11.0%, 2.0 pp higher than a year earlier. — as of 14 August 2026.
What is Integrated Industries Ltd's revenue?
Integrated Industries Ltd reported revenue of ₹290 Cr in the Dec 25 quarter, +45.7% year on year. For the full FY25 fiscal year, revenue was ₹766 Cr (+131.4%). Over the last 2 years revenue compounded at 1,137.7% a year. — as of 14 August 2026.
What is Integrated Industries Ltd's profit?
Integrated Industries Ltd earned ₹31.0 Cr of net profit in the Dec 25 quarter, +93.8% year on year — the 7th straight quarter of growth. Full-year FY25 profit was ₹67.0 Cr. The operating margin ran 11.0% in the latest quarter. — as of 14 August 2026.
What is Integrated Industries Ltd's market cap?
Integrated Industries Ltd's market capitalisation is ₹1,003 Cr at a share price of ₹43.1. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.
What is Integrated Industries Ltd's P/E ratio?
Integrated Industries Ltd trades at a P/E of 11.6×, at the 45th percentile of its own 3-year range, against a long-run median of 15.7×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.
Does Integrated Industries Ltd pay a dividend?
No — Integrated Industries Ltd has recorded a dividend payout of 0% of profit in each of its last 3 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 14 August 2026.
Is Integrated Industries Ltd overvalued?
On its own history, Integrated Industries Ltd looks mid-range: its P/E of 11.6× sits at the 45th percentile of its 3-year range (long-run median 15.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 14 August 2026.
Is Integrated Industries Ltd growing?
Yes — Integrated Industries Ltd is growing: latest-quarter revenue +45.7% year on year, profit +93.8%, and the margin +2.0 pp at 11.0%. The 2-year compound rates are 1,137.7% (revenue) and 718.5% (profit). The earnings engine currently reads: improving — as of 14 August 2026.
How is Integrated Industries Ltd performing?
Integrated Industries Ltd is in a confirmed uptrend, 15 weeks in. Its latest quarter's revenue rose 45.7% and profit rose 93.8% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 25 weeks. This describes what the data did, not a rating. — as of 14 August 2026.
Is Integrated Industries Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 15 of stage 2), trading +40.1% versus its 200-day average and at 96% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.
Is Integrated Industries Ltd beating the market?
On recent form, yes — Integrated Industries Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 25 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.0 years the stock moved +47,778% against the NIFTY 500's +249% — ahead of the index over the full window. — as of 14 August 2026.
Will Integrated Industries Ltd's share price go up?
This page publishes no price forecast for Integrated Industries Ltd. What it measures instead: the share price is ₹43.1, the price is in a confirmed uptrend 15 weeks in. Its P/E of 11.6× sits at the 45th percentile of its own 3-year range. — as of 14 August 2026.
Who owns Integrated Industries Ltd?
Promoters hold 53.8% of Integrated Industries Ltd, foreign institutions 0.3%, domestic institutions 0.1% and the public 45.8% (latest quarter). The biggest move on the register over the last two years: Foreign institutions cut 6.5 points over 8 quarters. — as of 14 August 2026.
Does Integrated Industries Ltd have too much debt?
No — Integrated Industries Ltd's debt-to-equity is 0.01, and operating profit covers the interest bill 69×. FY25 borrowings were ₹2.0 Cr against equity of ₹260 Cr. The returns on this page are earned, not borrowed — as of 14 August 2026.
What is Integrated Industries Ltd's capex?
Integrated Industries Ltd spent ₹78.0 Cr on capital expenditure over the last 2 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹3.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 14 August 2026.
What is Integrated Industries Ltd's cash flow?
Integrated Industries Ltd generated ₹48.0 Cr of operating cash flow in FY25 and ₹45.0 Cr of free cash flow after ₹3.0 Cr of capital spending. Reported profit that year was ₹67.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 14 August 2026.
Is Integrated Industries Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 13% of Integrated Industries Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹48.0 Cr against reported profit of ₹67.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 14 August 2026.
Where is Integrated Industries Ltd in its business cycle?
Integrated Industries Ltd's FY25 operating margin was 9.0%, against a 3-year band of 9.0%–97.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 11.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.
What could break the Integrated Industries Ltd story?
The sharpest disagreement: profits are rising, but only 13% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.
Is Integrated Industries Ltd a stock worth studying right now?
This is not investment advice. The machine read: Integrated Industries Ltd's earnings have outrun its stock. EPS grew +86.9% in a year against a +85.5% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.