Innovana Thinklabs Ltd
NSE: INNOVANA · Computers - Software & Consulting · sector
₹282.90NSE close 2026-10-26
Key numbers
Market cap₹584 cr
Price₹282.90
52w high / low₹525 / ₹278
P/E14.0xSector median 17.5x
P/B2.1xSector median 2.7x
Book value₹131.9
Dividend yield–Sector median 1.66%
ROE12.7%Sector median 14.4%
ROCE14.4%Sector median 15.3%
OPM26.2%Sector median 16.9%
Debt / equity0.03xSector median 0.04x
EV/EBITDA15.9xSector median 13.2x
Interest cover7.4x
Current ratio2.38x
Sales growth 3y–Sector median +10.8%
Profit growth 3y–Sector median +14.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹11 cr vs borrowings ₹8 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 7.4x in the last 12 months.
- Promoter holding fell by 0.57 percentage points in a year, to 72.65% (2026-09-30).
- Other income was 46% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹282.90 on 2026-10-26: -46.1% from the 52-week high, +1.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹609.80 · low ₹282.90
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2022 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 29 | 27 | 32 | 33 | 35 | 33 | 39 |
| EBITDA | 0 | 17 | 15 | 16 | 14 | 12 | 3 | 7 |
| OPM % | – | 57.4% | 56.1% | 50.1% | 43.5% | 35.1% | 9.7% | 17.6% |
| Other income | 0 | 1 | 2 | 3 | 4 | 3 | 3 | 4 |
| Net profit | 0 | 12 | 12 | 13 | 13 | 10 | 3 | 6 |
| EPS (₹) | 0.00 | 5.77 | 5.61 | 6.40 | 12.36 | 4.35 | 0.88 | 2.68 |
| Revenue YoY | – | +20.6% | +22.6% | +21.4% | ||||
| Profit YoY | – | -18.2% | -74.4% | -57.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 103 | 132 | 139 |
| EBITDA | 56 | 46 | 37 |
| Net profit | 45 | 38 | 31 |
| EPS (₹) | 21.81 | 17.78 | 20.27 |
| Revenue growth | +27.9% | – | |
| Profit growth | -14.7% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -17.9% (2y) | -42.3% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 211 | 272 |
| Borrowings | 5 | 8 |
| Cash & equivalents | 12 | 11 |
| Total assets | 278 | 365 |
| Fixed assets | 58 | 23 |
| Capital work in progress | 4 | 5 |
| Investments | 59 | 80 |
| Receivables | 29 | 44 |
| Inventory | 14 | 12 |
| Payables | 12 | 12 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 35 | 27 |
| Cash from investing | -19 | -53 |
| Cash from financing | -10 | 25 |
| Capex | 16 | 13 |
| Free cash flow | 19 | 14 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 21.2% | 14.0% |
| ROCE % | 27.4% | 17.3% |
| Debtor days | 103 | 121 |
| Inventory days | 592 | 241 |
| Payable days | 499 | 244 |
| Cash conversion cycle (days) | 196 | 118 |
| Working capital days | 167 | 140 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.65% |
| FIIs | 1.31% |
| DIIs | 1.38% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 24.66% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.23% | 73.23% | 73.23% | 73.22% | 72.65% | 72.65% | 72.65% | 72.65% |
| Promoter group | % |
|---|---|
| Chandan Garg | 70.71% |
| Kapil Garg | 1.93% |
| Priyanka Garg | 0.01% |
| Swaran Kanta | 0.00% |
| Nancy | 0.00% |
| Akash Bansal | 0.00% |
| Narendra Kumar Garg | 0.00% |
| Public holders above 1% | % |
|---|---|
| Beeline Consultancy Services Private Limited | 2.16% |
| Manish Kumar | 1.34% |
| Pooja Sharma | 1.12% |
2,860 shareholders. Pledged: – of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| INNOVANA | ₹584 cr | 14.0x | 2.1x | 12.7% | 14.4% | 26.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Software Product Sales | ₹82 cr | 50.8% | ₹55 cr | 66.6% |
| Astro Services and Games Studio | ₹39 cr | 23.9% | ₹-4 cr | -10.4% |
| Gym and Fitness | ₹36 cr | 22.2% | ₹-1 cr | -2.9% |
| Construction and Infrastructure | ₹5 cr | 3.1% | ₹2 cr | 33.7% |
| Green Energy | ₹0 cr | 0.0% | ₹-0 cr | -4,447.6% |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | INNOVANA |
| BSE code | 544302 |
| ISIN | INE403Y01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.