Innocorp Ltd.
Snapshot View

2.80 +0.09 ▲3.3%

03 August 2021, 04:00:00 P.M.
Volume: 1,520

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.innosofttechnologies.com
Financial Indicators
Market Cap 2.15 Cr.
Earnings per share (EPS) 0.68 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 4.00 Trailing Twelve Months Ending 2021-03
Industry PE 44.00 Trailing Twelve Months Ending 2021-03
Book Value / Share -0.92 Trailing Twelve Months Ending 2021-03
Price to Book Value -2.96 Calculated using Price: 2.71
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.79 Cr. 7,941,400 Shares
FaceValue 10
Company Profile

Innocorp is a result of an untiring and focused tryst of a young team, whose sole aim was to excel and excel. With this being the cornerstone of their philosophy, under the guidance of the CEO / Chief Promoter, Prasad VSS Garapati, Innocorp has achieved today’s rock solid position amongst the peers.

Garapati as a chief promoter floated a public limited company Innosoft Technologies Limited, formerly known as Innovations International Exim Limited on  September 21, 1994. In 2006 the company’s name was changed to Innocorp and apart from its core business is also providing total infrastructural services for Power Transmission & Distribution sector like the power cable manufacturing and laying of LT & HT lines.

From the modest beginnings in 90s Innocorp has grown to achieve a turnover of Rs.300 million in the previous financial year. This, compared on YOY basis, represents an impressive growth of 600%. This was feasibly only due to the diversification of the company into profitable greenfield areas.With innovative mindset and untiring efforts, today, Innocorp can say that with all certainty their efforts have yielded impressive harvest and it’s a forward looking and growth oriented conglomerate today

Innocorp Strengths:

  • Only manufacturer of Tupperware outside their own facilities in South East Asia.
  • Manufacturing facilities at lower than Industry average cost
  • Well established and time tested customer network & relations
  • Dynamic Market oriented Management Policies
  • Crossed several stringent quality barriers of National & International bodies
  • Approved by many prestigious customers as their preferred supplier
  • Committed Managerial & Technical team to spearhead the R& Dactivities.

Product range of the company includes:

Plastics Division:

  • All components for Tupperware;
  • Engineering Plastics upto a unit weight of 2400 Grams.
  • Consumer Durables like chairs, stools, tables etc.. upto 3000 Gr/Pc.
  • Thermoplastic Insulators.
  • Components for washing machines, refrigerators etc.
  • Other moulded wares, custom made.

Power Infrastructure Division

  • LV Power Cables, PVC Insulated, Single Core.
  • LV Power Cables, XLPE Insulated, Single Core.
  • LV Power Cables, PVC Insulated, Multi Core.
  • LV Power Cables, XLPE Insulated, Multi Core.
  • MV Power Cables, upto 33 kV, Single Core.
  • MV Power Cables, upto 33 kV, Multi Core.

Instrumentation Cables

  • Control Cables.
  • Fire Survival (FR) Cables.
  • Fire Resistant, Low Smoke (FRLS) Cables.
  • Speciality Cables with FR properties.
  • Speciality Cables with Halogen Free Insulation.
  • Individually screened Cables;
  • Individually screened and shielded Cables;
  • Shielded Cables for High Temperature operation.
  • Teflon Insulated Cables & Wires.
  • XLPE Insulated Transmission Conductors.
  • Panel Wires for upto 110°C Operation.
  • House Wiring Cables & Service Connection Cables.
  • Rubber (EPDM) Insulated Cables.
  • Welding Cables.
  • Mining Cables.

The client base of the company Includes various prestigious customers:- Tupperware, Nilkamal Plastics, Supreme,polyset, APSEB, MSEB, ENERCON, HESCOM.

Different divisions of the company:

  • Plastic Division- Innoplast Limited is the flagship company of Innocorp Ltd., having its registered office in Hyderabad, India. The Company offers a suite of manufacturing facilities to cater to various needs of plastic industries. the company is having two-injection molding machines of L&T Demag make with 350 Ton, 500 Ton and 850 Ton capacities. These machines are fully engaged for manufacturing of Tupperware products and plastic furniture for various customers.
  • Power Infrastructure- Innocorp has entered in to a contract manufacturing agreement with Gem CABLES AND CONDUCTORS LIMITED after recognizing a need for an unfailing and dependable Power transmission to sustain the tempo of growing industrialization. It manufactures wide range of products, like AAAC, ACSR and Alloy Conductors for Power Transmission, XLPE Cables for operating Voltages up to 33000 Volts, PVC Cables for operating voltages up to 1100 Volts, Mining Cables, Aerial Bunched Cables, Control Cables etc., as per the Standards (BIS, British Standards (BS), American Standards (ASTM), IEC, depending on the requirement of the customer in India, and Abroad.
  • International Trading- Innocorp’s trading division is based in Dubai, UAE and have affiliate offices, partners and representatives spanning across the globe in the UK, USA, China & Russia. Innocorp is regularly dealing with the commodities market, offering quality products at unbeatable prices.

Future Plans:

  • On the frontiers, Innocorp is in very active dialogue with various gulf based investors to establish a power cable manufacturing plant at UAE.
  • Innocorp is also in the process of entering the field of Real Estate and construction, which is zooming northward. The company is entering into MOUs with various NRIs’ and corporates from the Gulf in this regard.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+3.32%
1 Week
+5.66%
1 Month
+46.60%
3 Month
+188.66%
6 Month
+80.65%
1 Year
+37.93%
2 Year
+30.23%
5 Year
+63.74%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 4.75 5.89 0.69 -41.01 -25.49 -92.01 -57.18 -274.33
Return on Capital Employed (%) 7.08 9.80 7.11 -41.27 -8.95 -9.19 2.89 -21.46 -40.23
Return on Assets (%) 3.44 3.68 0.43 -27.38 -18.31 -46.47 -14.27 -23.71 -39.21

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 8 8 8 5 4 2 1 0 -1
Non Curr. Liab. 2 1 1 -2 -2 0 0 0
Curr. Liab. 3 4 4 4 4 4 3 4 3
Minority Int.
Equity & Liab. 12 13 13 7 6 5 4 4 2
Non Curr. Assets 9 9 9 5 5 4 3 3 2
Curr. Assets 3 4 4 2 1 1 1 1 0
Misc. Exp. not W/O
Total Assets 12 13 13 7 6 5 4 4 2

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 10 15 13 11 2 2 1 1 1
Other Income 0 0 0 0 0 0 1 0
Total Income 10 15 13 12 2 2 3 2 1
Total Expenditure -9 -13 -11 -15 -2 -2 -2 -2 -1
PBIDT 1 2 2 -3 0 0 1 0 -1
Interest 0 -1 -1 -1 0 0 0 0 0
Depreciation -1 -1 -1 -1 0 0 0 0 0
Taxation 0 0 0 2 -2 -1 0
Exceptional Items
PAT 0 0 0 -3 -1 -3 -1 -1 -1

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 1 0 3 1 1 0 0 0
Cash Fr. Inv. -3 -1 -1 0 0 0 2 0 1
Cash Fr. Finan. 3 0 0 -2 -1 0 -2 0 -1
Net Change 0 0 0 0 0 1 0
Cash & Cash Eqvt 0 0 0 0 0 1 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 29.67 29.67 29.67 29.67 29.67 29.67 29.67 29.67 29.67
Public 70.33 70.33 70.33 70.33 70.33 70.33 70.33 70.33 70.33
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 24 Jul 2021
Submission Of Half Yearly Disclosure On Related Party Transaction Pursuant To Regulation 23(9) Of The SEBI(Listing Obligations And Disclosure Requirements)Regulations 2015
Submission Of Half Yearly Disclosure On Related Party Transaction Pursuant To Regulation 23(9) Of The SEBI(Listing Obligations And Disclosure Requirements)Regulations 2015
Sat, 17 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Reg 74(5) of SEBI (DP) Regulations 2018
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Innocorp Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 02 Aug 2021
Opening at Low Opening at Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Bearish CCI Bearish
RSI Overbought Zone RSI Overbought Zone
MFI Above 80 MFI Above 80

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