---
title: "ITW India Pvt Ltd (ITWSIGNODE) — Share Price, Financials & Analysis"
symbol: "ITWSIGNODE"
company: "ITW India Pvt Ltd"
canonical: "https://tapetide.com/stocks/ITWSIGNODE"
generated_at: "2026-10-13T10:57:55.471Z"
---

# ITW India Pvt Ltd (ITWSIGNODE)

Canonical page: https://tapetide.com/stocks/ITWSIGNODE

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹20000
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 27.4% CAGR over last 5 years

### Weaknesses

- The company has delivered a poor sales growth of 5.35% over past five years.
- Earnings include an other income of Rs.139 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 81% | 30% | 27% |
| revenue growth | -8% | 1% | 5% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 899 | 1159 | 1033 | 439 | 426 | 494 | 544 | 608 | 598 | 553 |
| Expenses | 749 | 946 | 1626 | 358 | 321 | 375 | 390 | 437 | 423 | 389 |
| Operating Profit | 150 | 214 | -593 | 81 | 105 | 119 | 154 | 171 | 175 | 163 |
| OPM % | 17 | 18 | -57 | 18 | 25 | 24 | 28 | 28 | 29 | 30 |
| Other Income | 33 | 17 | 1643 | 50 | 20 | 19 | 29 | 28 | 22 | 139 |
| Interest | 1 | 4 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 19 | 31 | 27 | 17 | 18 | 18 | 15 | 15 | 19 | 21 |
| Profit before tax | 162 | 195 | 1023 | 113 | 107 | 120 | 167 | 184 | 177 | 280 |
| Tax % | 34 | 32 | 24 | 34 | 34 | 35 | 35 | 36 | 26 | 15 |
| Net Profit | 107 | 132 | 778 | 74 | 71 | 78 | 109 | 117 | 132 | 239 |
| Dividend Payout % | 0 | 0 | 135 | 0 | 0 | 0 | 0 | 0 | 0 | 191 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 13 | 13 |
| Reserves | 649 | 745 | 294 | 369 | 440 | 518 | 625 | 768 | 893 | 677 |
| Borrowings | 5 | 7 | 3 | 3 | 3 | 1 | 1 | 0 | 0 | 0 |
| Other Liabilities | 109 | 118 | 52 | 55 | 51 | 62 | 81 | 93 | 76 | 106 |
| Total Liabilities | 776 | 883 | 363 | 440 | 506 | 595 | 721 | 875 | 982 | 796 |
| Fixed Assets | 184 | 220 | 74 | 68 | 71 | 65 | 68 | 86 | 116 | 104 |
| CWIP | 15 | 10 | 5 | 2 | 6 | 7 | 7 | 13 | 3 | 4 |
| Investments | 49 | 49 | 49 | 49 | 48 | 48 | 48 | 234 | 234 | 234 |
| Other Assets | 529 | 603 | 236 | 321 | 381 | 474 | 597 | 541 | 629 | 453 |
| Total Assets | 776 | 883 | 363 | 440 | 506 | 595 | 721 | 875 | 982 | 796 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 91 | 3 | -64 | 30 | 68 | 94 | 99 | 118 | 127 | — |
| Cash from Investing Activity | -115 | -32 | 1267 | 34 | -19 | -1 | -4 | -238 | -7 | — |
| Cash from Financing Activity | -2 | -2 | -1231 | 0 | 0 | -1 | -1 | -1 | -9 | — |
| Net Cash Flow | -26 | -31 | -28 | 64 | 49 | 92 | 93 | -121 | 111 | — |
| Free Cash Flow | 2 | -39 | -65 | 23 | 38 | 80 | 77 | 88 | 93 | — |
| CFO/OP | 91 | 34 | -34 | 91 | 101 | 115 | 99 | 102 | 100 | — |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 79 | 78 | 26 | 70 | 82 | 76 | 71 | 74 | 65 | 75 |
| Inventory Days | 78 | 80 | 26 | 61 | 74 | 71 | 69 | 69 | 73 | 90 |
| Days Payable | 50 | 47 | 23 | 59 | 65 | 74 | 73 | 80 | 65 | 112 |
| Cash Conversion Cycle | 107 | 111 | 28 | 72 | 92 | 73 | 68 | 63 | 73 | 54 |
| Working Capital Days | 107 | 110 | 34 | 95 | 109 | 99 | 96 | 83 | 82 | 72 |
| ROCE % | 26 | 28 | 41 | 27 | 26 | 24 | 29 | 26 | 21 | 35 |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:55.471Z.