About Iitl Projects Limited
Data last updated:
Iitl Projects Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Industrial Investment Trust Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L01110MH1994PLC082421. Its GSTIN is 27AAACI1156N1ZG (Maharashtra). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 531968.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.99 Cr. It was formerly known as Indo Green Projects Limited. It is led by directors including Bipin Agarwal and Bidhubhusan Samal.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No.101A The Capital G – Block Plot No.C – 70 Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
Total assets are valued at ₹34.77 Cr (up 3.7% YoY).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: IITL Projects. As per MCA filings, the company has satisfied charges of ₹59.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 45 deals on record (44 market trades, 1 acquisition); the latest was in May 2026. The company has 4 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iitlprojects.com.
Company details
Contact details
Iitl Projects Limited's registered office is in Mumbai, Maharashtra. Its website is iitlprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.101A The Capital G – Block Plot No.C – 70 Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Iitl Projects Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Iitl Projects operates one associated brand: IITL Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| REIT and property development company | iitlprojects.com |
Business activity
The main business activity of Iitl Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Iitl Projects Limited, buy the company report.
Financials of Iitl Projects Limited
FY 2025-26 filings availableIitl Projects Limited reported revenue of ₹- (down 100% YoY) for FY 2025-26.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2.50 | 1.43 | 1.23 | 0.44 | 0.94 | 0.58 | 1.90 |
| Revenue growth | +74.8% | +16.3% | +179.6% | -53.2% | +62.1% | -69.5% | - |
| EBITDA | 4.71 | (3.55) | (0.28) | (12.37) | (14.08) | (11.99) | (10.43) |
| EBITDA margin | +188.4% | -248.3% | -22.8% | -2811.4% | -1497.9% | -2067.2% | -549.0% |
| Profit before tax | 22.54 | (2.99) | 10.67 | (16.76) | (17.90) | (15.49) | (11.83) |
| Net profit | 3.97 | (2.99) | 10.67 | (16.78) | (17.91) | (15.49) | (5.80) |
| Net profit margin | +158.8% | -209.1% | +867.5% | -3813.6% | -1905.3% | -2670.7% | -305.3% |
| EPS (₹) | 45.01 | (5.97) | 21.28 | (33.50) | (35.74) | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 32.31 | 3.96 | 1.66 | (13.82) | (1.42) | 12.48 | 27.16 |
| Net worth | (33.25) | (55.79) | (52.80) | (63.46) | (46.78) | (28.89) | (10.40) |
| Total debt | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 | 0.96 | 0.39 |
| Net working capital | 31.41 | (18.68) | (24.01) | (39.48) | (28.11) | (14.62) | (5.00) |
| Cash flow | |||||||
| Cash from operations | (27.39) | (0.03) | (0.14) | (0.76) | (0.11) | 0.71 | (0.04) |
| Cash from investing | 27.40 | 0.02 | (0.01) | 1.00 | (0.49) | (0.46) | 0.03 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.50 | 0.81 | 0.58 | 0.68 | 0.43 | 0.76 |
| Revenue growth (YoY) | -100.0% | -100.0% | +16.3% | +6.6% | +48.7% | - | - | - |
| Other income | 0.57 | 0.50 | 0.52 | 4.54 | 19.38 | 0.06 | 0.04 | 1.60 |
| EBITDA | (0.16) | (0.18) | 0.03 | 1.85 | 3.02 | (0.37) | (0.17) | (3.49) |
| EBITDA margin | - | - | +6.0% | +228.4% | +520.7% | -54.4% | -39.5% | -459.2% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.61 | 1.61 | 1.59 | 1.45 | 1.45 | 1.45 | 1.45 | 1.32 |
| Profit before tax | (1.20) | (1.29) | (1.04) | 4.94 | 20.95 | (1.76) | (1.58) | (3.21) |
| Tax | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (1.21) | (1.29) | (1.04) | 4.94 | 20.95 | (1.76) | (1.58) | (3.21) |
| EPS (₹) | (2.42) | (2.59) | (2.10) | 9.89 | 41.96 | (3.51) | (3.18) | (6.45) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.21 | 2.50 | 1.43 | 1.23 | 0.44 | 0.94 |
| Revenue growth | -100.0% | -91.6% | +74.8% | +16.3% | +179.6% | -53.2% | - |
| EBITDA | (0.26) | (0.54) | 4.71 | (3.55) | (0.28) | (12.32) | (14.05) |
| EBITDA margin | - | -257.1% | +188.4% | -248.3% | -22.8% | -2800.0% | -1494.7% |
| Profit before tax | 1.54 | 31.86 | 22.52 | (2.99) | 10.70 | (16.71) | (17.87) |
| Net profit | 1.25 | (3.97) | 3.97 | (2.99) | 10.70 | (16.73) | (17.88) |
| Net profit margin | - | -1890.5% | +158.8% | -209.1% | +869.9% | -3802.3% | -1902.1% |
| EPS (₹) | 2.50 | 62.84 | 44.96 | (5.97) | 21.34 | (33.39) | (35.69) |
| Balance sheet | |||||||
| Total assets | 34.77 | 33.52 | 32.31 | 3.98 | 1.68 | (13.83) | (1.48) |
| Net worth | (0.23) | (1.48) | (32.95) | (55.46) | (52.48) | (63.16) | (46.54) |
| Total debt | 0.00 | 35.00 | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 19.18 | 19.79 | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 |
| Net working capital | 34.74 | 29.79 | 31.41 | (18.68) | (24.01) | (39.48) | (28.11) |
| Cash flow | |||||||
| Cash from operations | (1.90) | (1.57) | (27.44) | (0.03) | (0.14) | (0.76) | (0.11) |
| Cash from investing | 1.36 | 2.07 | 27.45 | 0.02 | (0.01) | 1.00 | (0.49) |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.30) | 0.00 | 0.00 |
| Revenue growth (YoY) | - | +100.0% | - | - | -100.0% | - | - | - |
| Other income | 0.44 | 0.46 | 0.43 | 0.44 | 0.48 | 35.63 | 0.57 | 0.50 |
| Total expenses | 4.15 | 0.20 | (0.28) | 0.12 | 0.23 | (0.06) | 0.16 | 0.18 |
| EBITDA | (4.15) | (0.20) | 0.28 | (0.12) | (0.23) | (0.24) | (0.16) | (0.18) |
| EBITDA margin | - | - | - | - | - | +80.0% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.61 | 1.61 |
| Profit before tax | (3.71) | 0.26 | 0.71 | 0.32 | 0.25 | 35.39 | (1.20) | (1.29) |
| Tax | 0.09 | 0.07 | 0.08 | 0.08 | 0.06 | 0.37 | 0.01 | 0.00 |
Financial Statements
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.50 | 0.81 | 0.58 | 0.68 | 0.43 | 0.76 |
| Revenue growth (YoY) | -100.0% | -100.0% | +16.3% | +6.6% | +48.7% | - | - | - |
| Other income | 0.57 | 0.50 | 0.52 | 4.54 | 19.38 | 0.06 | 0.04 | 1.60 |
| EBITDA | (0.16) | (0.18) | 0.03 | 1.85 | 3.02 | (0.37) | (0.17) | (3.49) |
| EBITDA margin | - | - | +6.0% | +228.4% | +520.7% | -54.4% | -39.5% | -459.2% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.61 | 1.61 | 1.59 | 1.45 | 1.45 | 1.45 | 1.45 | 1.32 |
| Profit before tax | (1.20) | (1.29) | (1.04) | 4.94 | 20.95 | (1.76) | (1.58) | (3.21) |
| Tax | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (1.21) | (1.29) | (1.04) | 4.94 | 20.95 | (1.76) | (1.58) | (3.21) |
| EPS (₹) | (2.42) | (2.59) | (2.10) | 9.89 | 41.96 | (3.51) | (3.18) | (6.45) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.50 | 1.43 | 1.23 | 0.44 | 0.94 | 0.58 | 1.90 |
| Revenue growth | +74.8% | +16.3% | +179.6% | -53.2% | +62.1% | -69.5% | - |
| Other income | 23.64 | 5.86 | 15.78 | 0.00 | 0.19 | 0.15 | 1.92 |
| Total expenses | (2.21) | 4.98 | 1.51 | 12.81 | 15.02 | 12.57 | 12.33 |
| Employee cost | 0.14 | 0.10 | 0.14 | 0.04 | 0.52 | 0.53 | 0.62 |
| EBITDA | 4.71 | (3.55) | (0.28) | (12.37) | (14.08) | (11.99) | (10.43) |
| EBITDA margin | +188.4% | -248.3% | -22.8% | -2811.4% | -1497.9% | -2067.2% | -549.0% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 5.81 | 5.30 | 4.82 | 4.39 | 4.01 | 3.65 | 3.32 |
| Profit before tax | 22.54 | (2.99) | 10.67 | (16.76) | (17.90) | (15.49) | (11.83) |
| Tax | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | (0.03) |
| Net profit | 3.97 | (2.99) | 10.67 | (16.78) | (17.91) | (15.49) | (5.80) |
| Net profit margin | +158.8% | -209.1% | +867.5% | -3813.6% | -1905.3% | -2670.7% | -305.3% |
| EPS (₹) | 45.01 | (5.97) | 21.28 | (33.50) | (35.74) | 0.00 | 0.00 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 |
| Reserves & surplus | (38.26) | (60.80) | (57.81) | (68.47) | (51.79) | (33.90) | (15.41) |
| Shareholders' funds (net worth) | (33.25) | (55.79) | (52.80) | (63.46) | (46.78) | (28.89) | (10.40) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 32.31 | 3.96 | 1.66 | (13.82) | (1.42) | 12.48 | 27.16 |
| Assets | |||||||
| Gross block | 0.02 | 0.03 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 |
| Net block | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 22.02 | 25.53 | 25.56 | 26.61 | 26.69 | 31.36 |
| Inventories | 0.64 | 2.48 | 3.40 | 4.33 | 4.33 | 3.92 | 3.78 |
| Sundry debtors | 0.17 | 0.24 | 0.75 | 0.40 | 0.41 | 0.81 | 1.34 |
| Cash & bank balances | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 | 0.96 | 0.39 |
| Loans & advances | 0.56 | 0.07 | 0.41 | 0.05 | 0.12 | 0.10 | 0.30 |
| Total current assets | 32.24 | 4.72 | 4.69 | 5.05 | 4.90 | 5.79 | 5.81 |
| Total current liabilities | 0.83 | 23.40 | 28.70 | 44.53 | 33.01 | 20.41 | 10.81 |
| Net working capital | 31.41 | (18.68) | (24.01) | (39.48) | (28.11) | (14.62) | (5.00) |
| Total assets | 32.31 | 3.96 | 1.66 | (13.82) | (1.42) | 12.48 | 27.16 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.12 | 0.13 | 0.27 | 0.04 | 0.64 | 0.39 | 0.40 |
| Net cash from operating activities | (27.39) | (0.03) | (0.14) | (0.76) | (0.11) | 0.71 | (0.04) |
| Net cash from investing activities | 27.40 | 0.02 | (0.01) | 1.00 | (0.49) | (0.46) | 0.03 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.01 | (0.01) | (0.14) | 0.24 | (0.61) | 0.25 | (0.01) |
| Closing cash | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 | 0.96 | 0.39 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +74.8% | +16.3% | +179.6% | -53.2% | +62.1% | -69.5% | - |
| EBITDA growth | +232.7% | -1167.9% | +97.7% | +12.1% | -17.4% | -15.0% | - |
| PBT growth | +9998.0% | - | +9998.0% | +6.4% | -15.6% | -30.9% | -187.1% |
| Net income growth | +232.8% | -128.0% | +163.6% | +6.3% | -15.6% | -167.1% | - |
| Revenue CAGR (3Y) | +78.4% | +15.0% | +28.5% | -38.6% | -4.8% | -83.6% | - |
| EBITDA CAGR (3Y) | - | -36.8% | -71.4% | +5.9% | +5.6% | +57.8% | - |
| Profitability & leverage | |||||||
| Net income margin | +901.6% | -209.1% | +867.5% | -3813.6% | -1905.3% | -2670.7% | -621.1% |
| Return on capital employed | +19.1% | 0.0% | +42.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | -35.0% | 0.0% | -70.3% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 123.35 | -149.30 | -1,662.07 | -35.49 | -28.48 | -30.44 | -31.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 100.00 | 26.00 | 15.38 | 5.18 | 10.44 | 6.44 | 18.10 |
| Inventory turnover | 1.60 | 0.49 | 0.32 | 0.10 | 0.23 | 0.15 | 0.43 |
| Debtors turnover | 12.20 | 2.89 | 2.14 | 1.09 | 1.54 | 0.54 | 0.90 |
| EPS (₹) | 45.01 | (5.97) | 21.28 | (33.50) | (35.74) | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (66.40) | (111.40) | (105.44) | (126.72) | (93.42) | (57.68) | (20.78) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.30) | 0.00 | 0.00 |
| Revenue growth (YoY) | - | +100.0% | - | - | -100.0% | - | - | - |
| Other income | 0.44 | 0.46 | 0.43 | 0.44 | 0.48 | 35.63 | 0.57 | 0.50 |
| Total expenses | 4.15 | 0.20 | (0.28) | 0.12 | 0.23 | (0.06) | 0.16 | 0.18 |
| EBITDA | (4.15) | (0.20) | 0.28 | (0.12) | (0.23) | (0.24) | (0.16) | (0.18) |
| EBITDA margin | - | - | - | - | - | +80.0% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.61 | 1.61 |
| Profit before tax | (3.71) | 0.26 | 0.71 | 0.32 | 0.25 | 35.39 | (1.20) | (1.29) |
| Tax | 0.09 | 0.07 | 0.08 | 0.08 | 0.06 | 0.37 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.21 | 2.50 | 1.43 | 1.23 | 0.44 | 0.94 |
| Revenue growth | -100.0% | -91.6% | +74.8% | +16.3% | +179.6% | -53.2% | - |
| Other income | 1.81 | 37.21 | 23.62 | 5.86 | 15.81 | 0.00 | 0.19 |
| Total expenses | 0.26 | 0.75 | (2.21) | 4.98 | 1.51 | 12.76 | 14.99 |
| Employee cost | 0.12 | 0.16 | 0.14 | 0.10 | 0.14 | 0.04 | 0.52 |
| EBITDA | (0.26) | (0.54) | 4.71 | (3.55) | (0.28) | (12.32) | (14.05) |
| EBITDA margin | - | -257.1% | +188.4% | -248.3% | -22.8% | -2800.0% | -1494.7% |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest | 0.00 | 4.81 | 5.81 | 5.30 | 4.82 | 4.39 | 4.01 |
| Profit before tax | 1.54 | 31.86 | 22.52 | (2.99) | 10.70 | (16.71) | (17.87) |
| Tax | 0.29 | 0.38 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 |
| Net profit | 1.25 | (3.97) | 3.97 | (2.99) | 10.70 | (16.73) | (17.88) |
| Net profit margin | - | -1890.5% | +158.8% | -209.1% | +869.9% | -3802.3% | -1902.1% |
| EPS (₹) | 2.50 | 62.84 | 44.96 | (5.97) | 21.34 | (33.39) | (35.69) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 |
| Reserves & surplus | (5.24) | (6.49) | (37.96) | (60.47) | (57.49) | (68.17) | (51.55) |
| Shareholders' funds (net worth) | (0.23) | (1.48) | (32.95) | (55.46) | (52.48) | (63.16) | (46.54) |
| Secured loans | 0.00 | 35.00 | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 35.00 | 18.65 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 34.77 | 33.52 | 32.31 | 3.98 | 1.68 | (13.83) | (1.48) |
| Assets | |||||||
| Gross block | 0.03 | 0.02 | 0.02 | 0.03 | 0.08 | 0.08 | 0.09 |
| Net block | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 22.05 | 25.55 | 25.55 | 26.55 |
| Inventories | 0.60 | 0.60 | 0.64 | 2.48 | 3.40 | 4.33 | 4.33 |
| Sundry debtors | 0.00 | 0.00 | 0.17 | 0.24 | 0.75 | 0.40 | 0.41 |
| Cash & bank balances | 19.18 | 19.79 | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 |
| Loans & advances | 15.55 | 10.18 | 0.56 | 0.07 | 0.41 | 0.05 | 0.12 |
| Total current assets | 35.33 | 30.57 | 32.24 | 4.72 | 4.69 | 5.05 | 4.90 |
| Total current liabilities | 0.59 | 0.78 | 0.83 | 23.40 | 28.70 | 44.53 | 33.01 |
| Net working capital | 34.74 | 29.79 | 31.41 | (18.68) | (24.01) | (39.48) | (28.11) |
| Total assets | 34.77 | 33.52 | 32.31 | 3.98 | 1.68 | (13.83) | (1.48) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.63 | 0.13 | 0.12 | 0.13 | 0.27 | 0.04 | 0.64 |
| Net cash from operating activities | (1.90) | (1.57) | (27.44) | (0.03) | (0.14) | (0.76) | (0.11) |
| Net cash from investing activities | 1.36 | 2.07 | 27.45 | 0.02 | (0.01) | 1.00 | (0.49) |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (0.55) | 0.50 | 0.01 | (0.01) | (0.14) | 0.24 | (0.61) |
| Closing cash | 19.18 | 19.79 | 30.87 | 1.93 | 0.13 | 0.27 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -100.0% | -91.6% | +74.8% | +16.3% | +179.6% | -53.2% | - |
| EBITDA growth | +51.9% | -111.5% | +232.7% | -1167.9% | +97.7% | +12.3% | - |
| PBT growth | -95.2% | +41.5% | +9998.0% | - | +9998.0% | +6.5% | -12.6% |
| Net income growth | +131.5% | -200.0% | +232.8% | -127.9% | +164.0% | +6.4% | - |
| Revenue CAGR (3Y) | -100.0% | -44.5% | +78.4% | +15.0% | +11.8% | -41.5% | -7.8% |
| EBITDA CAGR (3Y) | -58.2% | +24.5% | - | -36.8% | -73.1% | +5.2% | +7.9% |
| Profitability & leverage | |||||||
| Net income margin | - | - | +900.8% | -209.1% | +869.9% | -3802.3% | -1902.1% |
| Return on capital employed | +2.3% | +1.9% | +19.1% | 0.0% | +42.2% | 0.0% | 0.0% |
| Return on net worth | +3.8% | -12.0% | -35.4% | 0.0% | -71.2% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | -890.74 | 123.35 | -149.30 | -1,662.07 | -35.63 | -28.54 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 10.50 | 100.00 | 26.00 | 15.38 | 5.18 | 10.44 |
| Inventory turnover | 0.00 | 0.34 | 1.60 | 0.49 | 0.32 | 0.10 | 0.23 |
| Debtors turnover | 0.00 | 2.47 | 12.20 | 2.89 | 2.14 | 1.09 | 1.54 |
| EPS (₹) | 2.50 | 62.84 | 44.96 | (5.97) | 21.34 | (33.39) | (35.69) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (0.46) | (2.96) | (65.80) | (110.76) | (104.79) | (126.13) | (92.94) |
To see the full year-wise statements and ratios of Iitl Projects Limited, buy the company report.
Board of directors of Iitl Projects Limited
Iitl Projects has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Agarwal Also directs: Industrial Investment Trust Limited, Nimbus Projects Limited, Capital Infraprojects Private Limited and 5 more | Director | 05 Aug 2008 | 18 Years 3 Months | Current |
| Bidhubhusan Samal | Director | 05 Aug 2008 | 18 Years 3 Months | Current |
| Sujata Chattopadhyay Also directs: Industrial Investment Trust Limited, Revalyu Recycling (India) Limited, Resolve International Private Limited and 1 more | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
| Shriram Surajmal Khandelwal Also directs: IIT Investrust Limited, Yash Resources Recycling Limited, Sant Sundardas Foundation and 1 more | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Shankar Narayan Mokashi Also directs: Industrial Investment Trust Limited, IIT Investrust Limited | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Iitl Projects Limited is audited by Maharaj N R Suresh And Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maharaj N R Suresh And Co. LLP | FY 2023 | 001931S/S000020 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 71.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.30%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 71.70% | 71.70% | 71.70% | 71.70% |
| Public | 28.30% | 28.30% | 28.30% | 28.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2021 | 100507618 | Bank of India | ₹1.5 Cr | Satisfied | |
| 13 Aug 2020 | 100365901 | Bank of India | ₹3 Cr | Satisfied | |
| 28 May 2019 | 100268914 | Bank of India | ₹15 Cr | Satisfied | |
| 07 Feb 2018 | 100180819 | Bank of India | ₹39.7 Cr | Satisfied |
To see the full charge records of Iitl Projects Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Iitl Projects Limited has 45 deals on record (44 market trades, 1 acquisition); the latest was in May 2026.
Deals on record (5 of 45)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Market trade | ₹27.2 Lakh | Buyer: an individual Seller: Alankit Imaginations Limited |
| May 2025 | Market trade | ₹22.4 Lakh | Buyer: Alankit Imaginations Limited Seller: Pardeep Kumar Aggarwal Huf |
| Dec 2024 | Market trade | ₹30.6 Lakh | Seller: Systematix Fincorp India Limited |
| Dec 2024 | Market trade | ₹27.3 Lakh | Seller: Systematix Fincorp India Limited |
| Nov 2024 | Market trade | ₹58.3 Lakh | Buyer: an individual Seller: Systematix Fincorp India Limited |
To see the full deal history of Iitl Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iitl Projects Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Iitl Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Iitl Projects Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chheda Management Consultants LLP | |||
| an individual supplier | |||
| Maharaj N R Suresh and Co LLP |
To see the full MSME payment records of Iitl Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Iitl Projects has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Iitl Projects Limited has a workforce of 1 employees on its EPFO records as of Jul 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 1 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Iitl Projects Limited, buy the company report.
GST
Iitl Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1156N1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iitl Projects Limited, buy the company report.
Recent activity
Iitl Projects Limited has 34 board changes on record since 2001: 20 appointments and 14 cessations. The latest: Gorakh Shivaji Ingale was appointed as CFO on 28 Nov 2025.
34 earlier events are in the company report.
News
Frequently asked questions
Iitl Projects is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 October 1994 (32+ years old) and is registered under CIN L01110MH1994PLC082421. Listed on BSE: 531968.
Iitl Projects has 5 current directors:
- Bipin Agarwal - Director
- Bidhubhusan Samal - Director
- Sujata Chattopadhyay - Director
- Shriram Surajmal Khandelwal - Director
- Shankar Narayan Mokashi - Director
The latest financial statements of Iitl Projects on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iitl Projects is 27AAACI1156N1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Iitl Projects is L01110MH1994PLC082421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Iitl Projects is a listed company as per MCA records. Its shares are listed on BSE (code: 531968).
Iitl Projects has 1 court case on record: 1 filed against it.
Iitl Projects was incorporated on 26 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Iitl Projects has 45 deals on record (44 market trades, 1 acquisition); the latest was in May 2026.
Gorakh Shivaji Ingale was appointed as CFO on 28 Nov 2025. Sahil Agarwal ceased to be Additional Director on 17 Mar 2025. Sahil Agarwal was appointed as Additional Director on 04 Feb 2025. Iitl Projects has 34 board changes on record in total.
Iitl Projects has 4 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Apr 2024.
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