INNOVANA THINKLABS LTD INNOVANA NSETECH
Company Overview
Innovana Thinklabs Limited engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally. The company operates astrology and tarot platforms which includes Anytime Astro, Tarot Life, mPanchang, and Tarot Life (VR). It also offers utility and security apps, such as FlashScan, a multipurpose document scanner app that scan and digitize documents; ZCleaner an all-in-one optimization app to keep clutter free and improve security; and Web Assist Plus for estimating the risk level associated with the online websites. In addition, the company provides system security tools, such as ITL total security that scans system for viruses, adware, malware and assists in eliminating to keep the system secure; ITL driver updater that analyzes and updates all outdated drivers; and malware crusher, an anti-malware tool that detects and removes all visible and invisible dangers from the system by creating a security shield around it. The company was formerly known as PCVARK Software Limited and changed its name to Innovana Thinklabs Limited in August 2017. Innovana Thinklabs Limited was incorporated in 2015 and is based in Jaipur, India.
Why Investors Should Care
Net profit has compounded at 12.3% per year over the last five years.
Revenue has grown at a 18.7% CAGR over the past five years.
Trades at a P/E of 14.7, below the sector median of 27.7.
Maintains a net profit margin of 28.8%.
Carries low leverage with a debt-to-equity ratio of 0.21.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹132.31 Cr (+27.9% YoY); net profit ₹38.14 Cr.
- Trailing 12 Months Year-on-year growth — revenue +27.9%, earnings -13.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 18.7%, profit CAGR 12.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 18.66% |
| 1 Year: | 27.86% |
Compounded Profit Growth
| 5 Years: | 12.34% |
| 1 Year: | -13.59% |
Stock Price Performance
| 1 Year: | -47.23% |
| 6 Months: | -22.44% |
| 3 Months: | -15.48% |
| 1 Month: | +2.17% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)48.40 · Neutral
P/E of 14.69 is below the sector median of 27.67 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 28.8%.
- Compounding revenue at 18.7% over 5 years.
- Profit CAGR of 12.3% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 47.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INNOVANA INNOVANA THINKLABS LTD NSETECH | 320.40 | 14.69 | ₹661.95 Cr | 0.00% | 14.76% | 14.00% | 18.66% | 12.34% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.19 Cr | 27.80 Cr | 25.47 Cr | 25.79 Cr | 21.74 Cr | 25.12 Cr | - | 28.92 Cr | 26.59 Cr | 32.09 Cr | 32.72 Cr | 34.89 Cr | 32.60 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 5.38 Cr | 8.95 Cr | 8.53 Cr | 10.18 Cr | 12.04 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 21.20 Cr | 23.14 Cr | 24.20 Cr | 24.71 Cr | 20.56 Cr |
| Operating Expenses | 15.11 Cr | 14.43 Cr | 14.04 Cr | 13.18 Cr | 14.27 Cr | 12.76 Cr | - | 12.32 Cr | 8.22 Cr | 9.41 Cr | 12.32 Cr | 15.55 Cr | 20.13 Cr |
| Operating Income | 10.06 Cr | 12.40 Cr | 10.43 Cr | 11.46 Cr | 6.12 Cr | 11.11 Cr | - | 14.77 Cr | 12.98 Cr | 13.73 Cr | 11.87 Cr | 9.15 Cr | 43.73 L |
| EBITDA | 11.08 Cr | 13.37 Cr | 11.43 Cr | 12.61 Cr | 7.47 Cr | 12.36 Cr | - | 16.60 Cr | 16.67 Cr | 18.90 Cr | 18.62 Cr | 15.73 Cr | 5.73 Cr |
| Interest Expense | 32.00 L | 35.00 L | 37.00 L | 52.00 L | 57.00 L | 60.00 L | - | 1.30 Cr | 1.07 Cr | 87.57 L | 95.23 L | 1.69 Cr | 1.07 Cr |
| Pretax Income | 11.19 Cr | 13.91 Cr | 14.29 Cr | 14.94 Cr | 9.87 Cr | 13.18 Cr | - | 14.53 Cr | 13.65 Cr | 15.67 Cr | 15.32 Cr | 10.95 Cr | 1.93 Cr |
| Tax Provision | 1.16 Cr | 3.78 Cr | 3.07 Cr | 3.55 Cr | 1.19 Cr | 3.57 Cr | - | 3.44 Cr | 3.05 Cr | 3.44 Cr | 3.46 Cr | 2.89 Cr | 1.37 Cr |
| Net Income | 9.96 Cr | 10.02 Cr | 11.09 Cr | 11.30 Cr | 8.84 Cr | 10.32 Cr | - | 11.83 Cr | 11.40 Cr | 12.95 Cr | 12.69 Cr | 8.97 Cr | 2.94 Cr |
| Diluted EPS | 4.86 | 4.89 | 5.41 | 5.51 | 4.17 | 4.95 | - | 5.70 | 5.61 | 6.32 | 6.15 | 4.35 | 0.88 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.00 Cr | 31.00 Cr | 45.00 Cr | 64.00 Cr | 57.00 Cr | - | 79.19 Cr | 100.81 Cr | 103.48 Cr | 132.31 Cr |
| Cost of Revenue | - | - | - | - | - | - | 30.09 Cr | 31.69 Cr | 23.18 Cr | 39.70 Cr |
| Gross Profit | - | - | - | - | - | - | 49.10 Cr | 69.11 Cr | 80.30 Cr | 92.61 Cr |
| Operating Expenses | 14.00 Cr | 20.00 Cr | 31.00 Cr | 40.00 Cr | 40.00 Cr | - | 19.72 Cr | 28.59 Cr | 31.28 Cr | 57.42 Cr |
| Operating Income | 1.00 Cr | 11.00 Cr | 13.00 Cr | 23.00 Cr | 15.00 Cr | - | 29.38 Cr | 40.53 Cr | 49.03 Cr | 35.19 Cr |
| EBITDA | 1.00 Cr | 11.00 Cr | 14.00 Cr | 24.00 Cr | 16.00 Cr | - | 37.84 Cr | 59.13 Cr | 66.57 Cr | 58.98 Cr |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | - | 1.13 Cr | 1.65 Cr | 4.08 Cr | 4.59 Cr |
| Pretax Income | 1.00 Cr | 11.00 Cr | 14.00 Cr | 26.00 Cr | 19.00 Cr | - | 32.75 Cr | 53.01 Cr | 55.32 Cr | 43.86 Cr |
| Tax Provision | 38.00 L | 3.19 Cr | 3.36 Cr | 4.16 Cr | 3.42 Cr | - | 5.35 Cr | 11.59 Cr | 13.71 Cr | 11.17 Cr |
| Net Income | 1.00 Cr | 8.00 Cr | 11.00 Cr | 22.00 Cr | 16.00 Cr | - | 26.90 Cr | 40.96 Cr | 44.14 Cr | 38.14 Cr |
| Diluted EPS | 7.20 | 3.69 | 5.20 | 10.61 | 7.59 | 20.28 | 26.17 | 20.13 | 21.81 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 6.00 Cr | 30.00 Cr | 72.00 Cr | 122.00 Cr | 137.00 Cr | - | 171.25 Cr | 208.65 Cr | 278.20 Cr | 365.01 Cr |
| Current Assets | - | - | - | - | - | - | 37.82 Cr | 55.62 Cr | 76.89 Cr | 87.48 Cr |
| Cash & Equivalents | - | - | - | - | - | - | 4.19 Cr | 5.67 Cr | 10.92 Cr | 9.56 Cr |
| Inventory | - | - | - | - | - | - | 9.98 Cr | 14.15 Cr | 14.30 Cr | 11.54 Cr |
| Receivables | - | - | - | - | - | - | 9.19 Cr | 13.23 Cr | 29.31 Cr | 43.75 Cr |
| Total Liabilities | - | - | - | - | - | - | 60.05 Cr | 42.26 Cr | 67.04 Cr | 85.67 Cr |
| Current Liabilities | - | - | - | - | - | - | 48.33 Cr | 28.26 Cr | 29.65 Cr | 36.81 Cr |
| Long Term Debt | - | - | - | - | - | 2.40 Cr | - | - | - | - |
| Total Debt | 2.00 Cr | 0 | 1.00 Cr | 1.00 Cr | 1.00 Cr | - | 12.35 Cr | 22.62 Cr | 44.22 Cr | 57.92 Cr |
| Total Equity | 1.20 Cr | 18.00 Cr | 29.00 Cr | 50.00 Cr | 66.00 Cr | - | 111.20 Cr | 163.31 Cr | 205.45 Cr | 272.45 Cr |
| Shares Outstanding | - | - | - | - | - | - | 2.05 Cr | 2.05 Cr | 2.05 Cr | 2.07 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 2.00 Cr | 6.00 Cr | 39.00 Cr | 37.00 Cr | 15.00 Cr | - | 2.80 Cr | 16.25 L | 38.72 Cr | 26.76 Cr |
| Investing Cash Flow | -4.00 Cr | -7.00 Cr | -30.00 Cr | -19.00 Cr | -8.00 Cr | - | -45.66 Cr | -14.94 Cr | -22.55 Cr | -52.52 Cr |
| Financing Cash Flow | 2.00 Cr | 7.00 Cr | 0 | 6.00 Cr | 1.00 Cr | - | -5.01 Cr | 16.04 Cr | -9.81 Cr | 24.95 Cr |
| Capital Expenditure | -4.00 Cr | -8.00 Cr | -18.00 Cr | -18.00 Cr | 4.00 Cr | - | -4.37 Cr | -10.86 Cr | -15.83 Cr | -13.23 Cr |
| Free Cash Flow | -2.00 Cr | -2.00 Cr | 21.00 Cr | 19.00 Cr | 19.00 Cr | - | -1.58 Cr | -10.70 Cr | 22.89 Cr | 13.53 Cr |
| Net Change in Cash | -0 | 5.00 Cr | 9.00 Cr | 24.00 Cr | 8.00 Cr | - | -47.88 Cr | 1.26 Cr | 6.36 Cr | -80.40 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 62.0% | 68.6% | 77.6% | 70.0% |
| Operating Margin % | 6.2% | 35.5% | 28.9% | 35.9% | 26.3% | - | 37.1% | 40.2% | 47.4% | 26.6% |
| Net Margin % | 6.2% | 25.8% | 24.4% | 34.4% | 28.1% | - | 34.0% | 40.6% | 42.7% | 28.8% |
| ROE % | 83.3% | 44.4% | 37.9% | 44.0% | 24.2% | - | 24.2% | 25.1% | 21.5% | 14.0% |
| ROCE % | - | - | - | - | - | - | 23.9% | 22.5% | 19.7% | 10.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INNOVANA
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INNOVANA — Frequently Asked Questions
What is the current share price of INNOVANA THINKLABS LTD (INNOVANA)?
As of 2026-07-15 09:52 IST, INNOVANA THINKLABS LTD (INNOVANA) trades at ₹320.40 on NSE. Its 52-week range is ₹300.55 to ₹611.00.
What is the market capitalisation of INNOVANA?
INNOVANA THINKLABS LTD (INNOVANA) has a market capitalisation of ₹661.95 Cr on NSE.
What is the P/E ratio of INNOVANA?
INNOVANA trades at a trailing price-to-earnings (P/E) ratio of 14.69. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 4.07.
What is the return on equity (ROE) of INNOVANA?
INNOVANA has a return on equity (ROE) of 14.00%. Its return on capital employed (ROCE) is 14.76%.
Is INNOVANA a good stock to buy?
This page provides a data-driven analysis of INNOVANA THINKLABS LTD (INNOVANA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.