The Investment Trust of India Limited (Erstwhile Fortune Financial Services (India) Limited) was incorporated on June 14, 1991, as a Private Limited Company. It was subsequently converted into a Public Limited Company on October 20, 1994. The Company made an Initial Public Offer in February 1995 and got listed on BSE Limited and National Stock Exchange of India Limited.
The Investment Trust of India Limited, together with its subsidiaries, provides investment banking and corporate finance activities in India. The company operates through Broking and Related Services; Investment and Advisory Services; Trading Activities; Asset Management Activities; and Financing Activities segments.
TITIL is a Financial Services company offering a wide range of products and services through its subsidiaries and associates. These include Lending, Equities and Derivatives Trading, Equity Research, Commodities Trading, Portfolio Management Services, Mutual Fund Distribution, IPO & Insurance Products, Investment Banking Services, and Third-party Distribution Activities.
The company's comprehensive service portfolio includes financial advisory and consultancy services, and it is actively engaged in trading activities. It provides 3-wheeler and commercial vehicle finance, gold loan, micro business loan, personal loan for students and faculty, and educational institutional loan. Additionally, it offers KapitalTech-SME finance, such as business/working capital, inventory funding, and bill discounting; and investment solutions, including debt securities-ITI gilts, growth opportunity funds for entrepreneurs, and ITI long-short equity funds for long-term capital appreciation.
The company also offers equity, debt, and hybrid funds; broking solutions comprising buying or selling of securities for institutional investors from banking sectors; and services related to capital markets, such as IPO, rights issue, GDR issues, buyback, etc., as well as corporate advisory and start-up advisory services. In addition, it provides equities and derivatives trading, equity research, commodities trading, and portfolio management services; and insurance products.
The Investment Trust of India Limited currently holds a market capitalization of ₹776 Crore (as of recent estimates). The company trades on NSE under the symbol THEINVEST and on BSE under the code 530023. It belongs to the Financials sector & Investment Banking & Brokerage sub-sector.
The 52-week high of The Investment Trust of India Ltd share price is Rs. 236.70 while the 52-week low is Rs. 111.15. The P/E (price-to-earnings) ratio of Investment Trust of India Ltd (THEINVEST) is 39.49.
• Q1 FY2025 Performance: Revenue: ₹95.57 Cr, Net Profit: ₹6.85 Cr
• Q4 FY2024-25 Performance: Net Profit: ₹5.75 Cr (jumped 63.35% YoY)
• QoQ Net Profit Growth: 43.39% since last 3-months (Q4 FY2024-25 over Q3 FY2024-25)
• Q2 FY2024-25 Performance: Net Profit: ₹20.38 Cr (rose 97.48% YoY), Sales: ₹111.19 Cr (rose 45.35% YoY)
• Stock P/E: 18.2 (as per recent data)
• Book Value: ₹135
• ROCE: 9.44%
• ROE: 6.22%
• Dividend Yield: 0.00%
• Face Value: ₹10.0
Chintan Valia serves as the Chairperson of The Investment Trust of India Limited. Amit Malpani is the current CEO of the company. The company has recently strengthened its board by appointing two independent directors for five years, with over 99.99% approval in a postal ballot.
The company has achieved several significant milestones throughout its journey:
- 1999: FFSL became the first company in India to initiate a share buyback.
- 2001: The company became a corporate member of The Stock Exchange Bombay and began its stock market operations.
- 2007-08: The Company expanded to 51 business locations across seven states on a pan-India basis and launched new services like Portfolio Management Services, On-line Distribution of application, distribution of insurance, and NBFC activities.
The Investment Trust of India Limited has submitted a compliance certificate under SEBI regulations for Q1 2025, confirming proper processing of dematerialized securities, thereby enhancing its credibility among investors. The company maintains strong regulatory compliance standards across all its operations.
While the company has delivered a poor sales growth of -5.29% over the past five years, recent quarterly performance shows improvement with significant profit growth. Investors should note the company's low return on equity of 3.72% over the last 3 years and contingent liabilities of ₹460 Cr.
The company operates in a competitive financial services landscape and continues to diversify its offerings through various subsidiaries and strategic partnerships to enhance shareholder value.
