IITL Projects Limited (IITLPROJ.BO)

IITL Projects Limited (IITLPROJ.BO) — VMCI valuation read

IITL Projects Limited sits at VMCI 41/100, with the Real Estate sector median at 50. That 9-point spread is the first thing to note on IITLPROJ.BO: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on IITLPROJ.BO are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on IITLPROJ.BO: IITLPROJ.BO trades at 24.0x earnings, 33% above the Real Estate median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Real Estate median (10.0%). The Risk read: net debt to EBITDA of 0.4x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

IITLPROJ.BO fell 3.4% over the trailing 7 days, with a -16.1% read on a 30-day basis.