Investment Trust of India Limited (THEINVEST) AI Stock Analysis

Investment Trust of India Limited

(NSE:THEINVEST)

Select Model

Rating:57Neutral

Price Target:INR 87.00▲(0.01% Upside)

Action:reiterated

Date:08/17/26

The score is primarily held back by highly volatile and frequently negative operating/free cash flow despite improved reported profitability. A conservative balance sheet with deleveraging provides support, while technicals are neutral-to-weak versus longer-term averages and valuation appears moderate based on the P/E.

Positive Factors

Conservative Balance SheetA sizeable equity base relative to debt provides a meaningful buffer against credit and funding stress. The material reduction in total debt during 2026 also improves financial flexibility, supporting the company’s ability to manage its lending and investment activities through changing conditions.

Negative Factors

Unreliable Cash GenerationRepeated reversals into large operating and free-cash-flow outflows show that reported earnings have not translated consistently into cash. That weakens internal funding capacity, may increase reliance on financing, and makes the sustainability of growth and distributions harder to assess.

Investment Trust of India Limited (THEINVEST) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 4.55B
Dividend Yield: ―
Average Volume (3M): 935
Price to Earnings (P/E): 13.6
Beta (1Y): 1.02
Revenue Growth: -20.72%
EPS Growth: -15.18%
Country: India
Employees: 19
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

Investment Trust of India Limited Business Overview & Revenue Model

Company Description

The Investment Trust of India Limited, operating with its subsidiaries from its Mumbai, India base since its incorporation in 1991, delivers a comprehensive suite of financial and brokerage services throughout India. The company organizes its operati...

How the Company Makes Money

Investment Trust of India Limited primarily makes money through (1) interest income and fee-based income associated with its financing/lending activities and (2) income generated from its investment activities. In an NBFC model, a major revenue drive...

Investment Trust of India Limited Financial Statement Overview

Summary

Profitability has improved versus earlier years and leverage looks conservative with notable deleveraging in 2026, but the repeated negative operating/free cash flow years (2023, 2024, 2026) are a major weakness and raise concerns about earnings-to-cash reliability.

Income Statement

64Positive

Balance Sheet

73Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	2.90B	3.02B	3.38B	2.73B	2.92B	3.09B
Gross Profit	2.42B	2.45B	1.83B	1.14B	789.65M	876.76M
EBITDA	521.50M	563.93M	1.12B	726.31M	470.76M	506.81M
Net Income	333.31M	300.84M	425.34M	185.73M	115.01M	15.80M
Balance Sheet
Total Assets	0	9.98B	15.42B	13.02B	11.18B	10.07B
Cash, Cash Equivalents and Short-Term Investments	0	2.82B	3.21B	1.91B	3.87B	3.38B
Total Debt	0	559.30M	3.78B	3.78B	2.00B	1.49B
Total Liabilities	-7.35B	2.63B	7.89B	6.15B	4.72B	4.06B
Stockholders Equity	7.35B	7.36B	7.05B	6.61B	6.36B	6.01B
Cash Flow
Free Cash Flow	-3.25B	-1.95B	1.19B	-2.16B	-1.09B	2.96B
Operating Cash Flow	-3.18B	-1.94B	1.25B	-2.09B	-980.64M	3.02B
Investing Cash Flow	20.89M	-124.78M	29.57M	9.41M	-254.51M	-517.79M
Financing Cash Flow	1.50B	457.64M	-148.66M	1.72B	657.29M	-1.86B

Investment Trust of India Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price86.99

Price Trends

50DMA93.10Negative

100DMA95.57Negative

200DMA99.62Negative

Market Momentum

MACD-2.05Positive

RSI38.00Neutral

STOCH28.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:THEINVEST, the sentiment is Negative. The current price of 86.99 is below the 20-day moving average (MA) of 89.14, below the 50-day MA of 93.10, and below the 200-day MA of 99.62, indicating a bearish trend. The MACD of -2.05 indicates Positive momentum. The RSI at 38.00 is Neutral, neither overbought nor oversold. The STOCH value of 28.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:THEINVEST.

Investment Trust of India Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:THEINVEST against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TATAINVEST	66Neutral	INR 284.42B	67.14	―	0.59%	32.41%	31.64%
IN:NBIFIN	62Neutral	INR 4.28B	37.43	―	0.04%	8.77%	11.86%
IN:WELINV	59Neutral	INR 7.18B	84.81	―	―	178.09%	148.89%
IN:THEINVEST	57Neutral	INR 4.41B	13.64	―	―	-20.72%	-15.18%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DHUNINV	51Neutral	INR 5.01B	5.16	―	0.37%	-12.59%	1.11%
IN:VLSFINANCE	46Neutral	INR 6.45B	13.46	―	0.72%	-4.48%	134.30%

* General Sector Average

Performance Comparison

IN:THEINVEST and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:THEINVEST	Investment Trust of India Limited	87.33	-53.07	-37.80%
IN:DHUNINV	Dhunseri Investments Limited	822.50	-563.19	-40.64%
IN:NBIFIN	N.B.I. Industrial Finance Company Ltd	1755.60	-730.32	-29.38%
IN:TATAINVEST	Tata Investment Corporation Limited	571.75	-210.22	-26.88%
IN:VLSFINANCE	V L S Finance Limited	209.65	-5.98	-2.78%
IN:WELINV	Welspun Investments & Commercials Ltd.	1903.00	704.10	58.73%

Investment Trust of India Limited Corporate Events

Investment Trust of India Closes Trading Window Ahead of Q2 Results

Sep 26, 2026

The Investment Trust of India Limited has announced the closure of its trading window for company securities from October 1, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal code of conduct.The restriction w...

Investment Trust of India Publishes Notice on Special Window for Physical Share Transfers

Sep 11, 2026

Investment Trust of India Limited has notified the stock exchanges that it has published newspaper advertisements in Financial Express and Navshakti regarding a special window for re-lodgement of transfer requests for physical shares. The disclosure...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026

Investment Trust of India Limited AI Stock Analysis