Innovana Thinklabs
- Market cap
- ₹ 578 Cr.
- P/E
- 18.7x
- P/B
- 2.22x
- 52-week range
- 269.25 – 524.95
- ROE
- 16%
- ROCE
- 16%
- Dividend yield
- 0%
- Debt / equity
- 0.21
- Sector
- IT - Software
- Industry
- Computers - Software & Consulting
- Listed on
- NSE, BSE
About
Innovana Thinklabs Limited is engaged in a software and application development business which directly provides services to retail users. It designs, develops, and maintains software systems and solutions that create new applications and enhance the functionality of its customer’s existing software products. It operates in the Software development segment. Its products include Anytime Astro, Tarot Life, mPanchang, Tarot Life (VR), FlashScan, ZCleaner, Web Assist Plus, ITL Total Security, ITL Driver Updater, and Malware Crusher. Its subsidiaries include Innovana Techlabs Limited, engaged in Software development Activities; Innovana Fitness Labs Limited, operates in Gym and Fitness Activities; lnnovana Infrastructure Limited, operates in Construction and Infrastructure Development Activities; lnnovana Astro Services Limited, engaged in online Astro series and related work; lnnovana Games Studio Limited Company provides online gaming application, and I Solve Software Services Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Computers - Software & Consulting: 108 companies →Innovana Thinklabs against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.7 against a typical 22.2: cheaper than most peers (1st = cheapest).48th of 108
- Sales growth+21.4% against a typical +10.6% from a year earlier.30th of 90
- Profit growth−57.9% against a typical +1.1% from a year earlier.66th of 75
- Share price, 3 months−13.3% against a typical −8%.58th of 97
- Size₹ 578.2 Cr. market value against a typical ₹ 218.6 Cr. (1st = largest).37th of 101
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by Infomerics- Infomerics expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB- | Negative | 28 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 May 2026 | ▼ Outlook cut | IVR BBB- Outlook Stable → Negative | — | Infomerics | ₹ 25 Cr. | |
| 10 Oct 2025 | New rating | IVR BBB- | — | Infomerics | ₹ 25 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 20 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 13 Feb 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results of Innovana Thinklabs Limited for the quarter and nine months ended December 31, 2025 |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve unaudited standalone and consolidated financial results of the Company for the quarter and half year ended 30th September 2025 and other business matters |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 27 Jun 2025 | Fund Raising | To consider raising capital by way of issuance of securities through a preferential allotment in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25 | 26 | 22 | 25 | 23 | 29 | 27 | 32 | 33 | 35 | 33 | 39 |
| Expenses | 14 | 13 | 14 | 13 | 11 | 12 | 12 | 16 | 19 | 23 | 29 | 32 |
| Operating Profit | 11 | 13 | 7 | 12 | 12 | 17 | 15 | 16 | 14 | 12 | 3 | 7 |
| OPM % | 44.9% | 48.9% | 34.4% | 49.2% | 53.8% | 57.4% | 56.2% | 50.1% | 43.5% | 35.1% | 9.7% | 17.6% |
| Other Income | 4 | 4 | 4 | 3 | 5 | 1 | 2 | 3 | 4 | 3 | 3 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 |
| Profit before tax | 14 | 15 | 10 | 13 | 14 | 15 | 14 | 16 | 15 | 11 | 2 | 7 |
| Tax % | 21.5% | 23.8% | 12.1% | 27.1% | 26.1% | 23.7% | 22.3% | 22% | 22.7% | 26.4% | 71% | 31% |
| Net Profit | 11 | 11 | 9 | 10 | 11 | 12 | 12 | 13 | 13 | 9 | 2 | 6 |
| EPS in Rs | 5.41 | 5.51 | 4.17 | 4.95 | 5.32 | 5.7 | 5.56 | 6.32 | 6.19 | 4.63 | 1.42 | 2.72 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 19%
- TTM
- 26%
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 18%
- TTM
- −34%
- 10 Years
- —
- 5 Years
- 37%
- 3 Years
- −21%
- TTM
- —
- 10 Years
- 25%
- 5 Years
- 22%
- 3 Years
- 21%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Innovana Thinklabs | ₹ 287.00 | ₹ 578 Cr. | 18.7x | 2.2x | 16% | — |
| Tata Consultancy Services | ₹ 2,528.00 | ₹ 9,14,653 Cr. | 15.7x | 7.7x | 48% | 18.2% |
| Infosys | ₹ 1,154.50 | ₹ 4,68,523 Cr. | 14.8x | 4.8x | 31.2% | 16.5% |
| HCL Technologies | ₹ 1,424.00 | ₹ 3,86,426 Cr. | 18.8x | 4.4x | — | 13% |
| Tech Mahindra | ₹ 1,789.40 | ₹ 1,75,385 Cr. | 27.9x | 5.2x | — | 8.7% |
| Billionbrains Garage Ventures | ₹ 181.65 | ₹ 1,13,960 Cr. | 61.3x | 13.3x | — | 46.5% |
Management
- Chandan Garg
- Chairman of the Board, Managing Director
- Sanjeev Mittal
- Chief Financial Officer
- Prachi Mittal
- Compliance Officer, Company Secretary
- Kapil Garg
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.