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Innovana Thinklabs

INNOVANA NSE
₹284.15 No trade today
P/E
18.99
View as Markdown
MCP
Close 4 Nov 2026 ₹284.15 −200.90 −41.4% 1Y
Start ₹485.05

Key Fundamentals

MicrocapIT - SoftwareInformation Technology

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
15.80%
Debt to Equity
0.21
EPS (TTM)
₹14.96
Book Value
₹128.22
Market Cap
—
P/E (TTM)
18.99
P/B
2.22
ROE
15.00%
Dividend Yield
0.09%
EBITDA
₹59.00 Cr
52W High
₹524.95
52W Low
₹269.25
Volume
0

Peer Comparison

Information Technology › Computer Software & Consulting › Computers - Software & Consulting

Innovana Thinklabs peer comparison
₹2,436.0017.08₹8,98,480 Cr7.400.96%51.80%63.00%₹2,83,248 Cr₹51,858 Cr
₹1,128.2014.88₹4,63,085 Cr4.862.26%31.90%40.00%₹1,89,336 Cr₹30,788 Cr
₹1,405.0021.88₹3,89,601 Cr5.013.34%23.80%30.40%₹1,34,374 Cr₹17,434 Cr
₹194.5515.21₹1,94,390 Cr2.441.01%15.50%17.80%₹94,968 Cr₹13,285 Cr
₹1,783.0034.02₹1,76,066 Cr5.880.84%17.50%23.10%₹59,176 Cr₹5,163 Cr
₹4,204.9023.84₹1,26,067 Cr4.820.59%23.10%29.60%₹44,075 Cr₹5,197 Cr
₹6,065.0049.64₹96,188 Cr7.820.66%27.20%34.40%₹15,718 Cr₹1,922 Cr
Innovana Thinklabs (this company)
₹284.1518.99₹593 Cr2.220.09%15.00%15.80%₹139 Cr₹29 Cr
Median 8 companies₹1,594.0020.44₹1,85,228 Cr4.940.90%23.45%30.00%₹77,072 Cr₹9,241 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

51 Average

Data confidence 100/100

Category scores

Quality
64
Good
Returns, margins, earnings quality 22% weight
Valuation
53
Average
Cheap vs sector & own history 24% weight
Growth
63
Good
Sales & profit trajectory 9% weight
Financial Health
32
Poor
Solvency, leverage, coverage 9% weight
Momentum
23
Poor
Trend strength, vol-adjusted 12% weight
Ownership
47
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.14.2 Cr.
  • Debtor days have increased from 90.7 to 121 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1171
OscillatorsNeutral171
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
44.42
Neutral
MACD (12,26,9)
−4.29
Bullish
SMA (50)
298.19
Bearish
SMA (200)
342.15
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+18.29%
3Y+18.66%
1Y+28.16%
TTM+26.01%

Net profit

Net profit growth by window
5Y+18.25%
3Y+11.07%
1Y−17.78%
TTM−38.99%

Operating cash flow

Operating cash flow growth by window
5Y+12.47%
3Y+88.99%
1Y−30.77%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+6.78 pp
3Y−4.39 pp
1Y−19.52 pp
TTM−28.02 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹16.00 Cr
Mar 2018₹31.00 Cr
Mar 2019₹45.00 Cr
Mar 2020₹64.00 Cr
Mar 2021₹57.00 Cr
Mar 2022₹58.00 Cr
Mar 2023₹79.00 Cr
Mar 2024₹101 Cr
Mar 2025₹103 Cr
Mar 2026₹132 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹1.00 Cr
Mar 2018₹8.00 Cr
Mar 2019₹11.00 Cr
Mar 2020₹22.00 Cr
Mar 2021₹16.00 Cr
Mar 2022₹21.00 Cr
Mar 2023₹27.00 Cr
Mar 2024₹41.00 Cr
Mar 2025₹45.00 Cr
Mar 2026₹37.00 Cr

Quarterly Results

₹ Cr
INNOVANA quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
27.8
25.47
25.79
21.74
25.12
22.85
28.92
26.59
32.09
32.72
34.89
32.6
38.97
Expenses
14.43
14.04
13.18
14.27
12.76
10.55
12.32
11.65
16.01
18.5
22.64
29.44
32.1
Operating Profit
13.37
11.43
12.61
7.47
12.36
12.3
16.6
14.94
16.08
14.22
12.25
3.16
6.87
OPM %
48.09%
44.88%
48.89%
34.36%
49.2%
53.83%
57.4%
56.19%
50.11%
43.46%
35.11%
9.69%
17.63%
Other Income
1.86
4.23
4
4.32
2.67
4.91
1.06
1.73
2.82
4.4
3.48
2.57
3.74
Interest
0.35
0.37
0.52
0.57
0.6
1.11
1.3
1.07
0.88
0.95
1.69
1.07
1.74
Depreciation
0.97
1
1.15
1.35
1.25
2.13
1.83
1.95
2.35
2.36
3.09
2.73
2.19
PBT
13.91
14.29
14.94
9.87
13.18
13.97
14.52
13.65
15.67
15.32
10.95
1.93
6.69
Tax %
27.17%
21.48%
23.76%
12.06%
27.09%
26.06%
23.68%
22.27%
21.95%
22.66%
26.39%
70.98%
30.99%
Net Profit
10.02
11.09
11.3
8.84
10.32
11.04
11.83
11.51
13.12
12.66
8.97
1.82
5.53
EPS (₹)
4.89
5.41
5.51
4.17
4.95
5.32
5.7
5.56
6.32
6.19
4.63
1.42
2.72

Profit & Loss

₹ Cr
INNOVANA profit and loss, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
16
31
45
64
57
58
79
101
103
132
139
Expenses
14
20
31
40
40
32
48
56
47
86
103
Operating Profit
1
11
14
24
16
26
31
45
56
46
36
OPM %
8%
36%
31%
38%
28%
45%
39%
45%
54%
35%
26%
Other Income
0
0
1
3
4
4
7
14
10
13
14
Interest
0
0
0
0
0
1
1
2
4
5
5
Depreciation
0
0
1
1
1
3
4
4
7
11
10
PBT
1
11
14
26
19
26
33
53
55
44
35
Tax %
38%
29%
24%
16%
18%
18%
16%
22%
25%
25%
—
Net Profit
1
8
11
22
16
21
27
41
45
37
29
EPS (₹)
0.9
3.69
5.2
10.61
7.59
10.14
13.12
19.98
21.53
18.46
14.96
Div. Payout %
0%
0%
0%
0%
8%
7%
2%
0%
0%
0%
—

Balance Sheet

₹ Cr
INNOVANA balance sheet, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.2
4
4
10
10
10
20
20
20
21
Reserves
1
14
25
40
56
76
91
143
185
252
Borrowings
2
0
1
1
1
15
12
23
44
58
Other Liabilities
3
12
43
72
70
57
48
23
28
33
Total Liabilities
6
30
72
122
137
158
171
209
278
364
Fixed Assets
1
9
13
12
14
28
27
30
59
69
CWIP
4
0
0
0
0
0
2
5
12
20
Investments
0
2
28
46
41
41
39
49
59
80
Other Assets
2
19
31
64
83
88
103
124
148
194
Total Assets
6
30
72
122
137
158
171
209
278
364

Cash Flow

₹ Cr
INNOVANA cash flow, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
2
6
39
37
15
−4
4
0
39
27
Investing
−4
−7
−30
−19
−8
−14
−47
−15
−23
−53
Financing
2
7
0
6
1
23
−5
16
−10
25
Net Cash Flow
0
5
9
24
8
5
−48
1
6
−1
Free Cash Flow
−2
−2
21
19
19
−20
0
−11
23
14
CFO/EBITDA
143
54
302
182
122
10
38
21
88
84

Ratios

INNOVANA financial ratios, annual
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
0
0
0
0
1
13
42
48
103
121
Inventory Days
0
0
0
0
172
—
—
—
—
—
Days Payable
—
—
—
—
589
—
—
—
—
—
Cash Conversion Cycle
0
0
0
0
−415
13
42
48
103
121
Working Capital Days
−36
7
−221
−277
−244
−243
−69
78
124
109
ROCE %
—
100%
58%
63%
31%
31%
26%
32%
26%
16%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Innovana Thinklabs insights

64 extracted metrics across FY17–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 72.65%
  • Public 13.62%
  • Others 11.05%
  • DIIs 1.38%
  • FIIs 1.31%

No promoter shares pledged as of 14 Oct 2026

Change since Jun 2026

Documents

Frequently Asked Questions about Innovana Thinklabs

What does Innovana Thinklabs Ltd do?
Incorporated in 2015, Innovana Thinklabs Ltd is in the business of Software development
Where is Innovana Thinklabs Ltd (INNOVANA) listed?
Innovana Thinklabs Ltd trades as INNOVANA on the NSE and under code 544302 on the BSE.
Which sector does Innovana Thinklabs Ltd belong to?
Innovana Thinklabs Ltd is classified under the Information Technology sector, in the Computer Software & Consulting industry.
What is the PE ratio of Innovana Thinklabs Ltd?
Innovana Thinklabs Ltd trades at a PE ratio of 18.99 as of 4 Nov 2026, on earnings per share of ₹14.96, against a book value of ₹128.22 per share.
What is the 52-week high and low of Innovana Thinklabs Ltd?
Over the last 52 weeks Innovana Thinklabs Ltd has traded between ₹269.25 and ₹524.95 as of 4 Nov 2026.
Does Innovana Thinklabs Ltd pay dividends?
Innovana Thinklabs Ltd has a dividend yield of 0.09%.
What is the Return on Equity (ROE) of Innovana Thinklabs Ltd?
Innovana Thinklabs Ltd reported a return on equity of 15.00%. Its debt-to-equity ratio is 0.21.

Company Information

Incorporated in 2015, Innovana Thinklabs Ltd is in the business of Software development

Listed 17 Dec 2024
Face Value ₹10

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