| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 39.0 | 32.1 | +21.4% |
| EBITDA | 6.9 | 16.1 | −57.3% |
| EBITDA margin | 17.6% | 50.1% | −32.5 pts |
| Profit before tax | 6.7 | 15.7 | −57.3% |
| Net profit | 5.5 | 13.1 | −57.8% |
| EPS | ₹2.68 | ₹6.40 | −58.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 |
|---|
| 584 | — | — | |
| 9.6 | 9.6 | 10.9 | |
| 6.9 | 6.9 | — | |
| 7.5 | 7.5 | 5.3 | |
| 589 | — | — | |
| 139 | 132 | 103 | |
| — | +27.9% | — | |
| 36.5 | 45.7 | 56.2 | |
| 26.2% | 34.6% | 54.3% | |
| 26.1 | 35.2 | 49.0 | |
| 29.0 | 36.6 | 44.7 | |
| 20.8% | 27.7% | 43.2% | |
| ₹14.92 | ₹18.46 | ₹21.64 | |
| — | −14.7% | — | |
| — | 26.8 | 34.9 | |
| — | −6.8 | −15.8 | |
| 20.0 | 20.0 | 19.1 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|
| Market Capitalization | — | — | 584.5 | |
| - Cash, Equiv & ST Investments | 10.9 | 9.6 | 9.6 | |
| + Minority Interest | — | 6.9 | 6.9 | |
| + Total Debt | 5.3 | 7.5 | 7.5 | |
| Enterprise Value | — | — | 589.3 | |
| Revenue | 103.5 | 132.3 | 139.2 | |
| Growth %, YoY | — | +27.9 | — | |
| EBITDA | 56.2 | 45.7 | 36.5 | |
| Margin % | 54.30 | 34.55 | 26.23 | |
| EBIT | 49.0 | 35.2 | 26.1 | |
| Net Income | 44.7 | 36.6 | 29.0 | |
| Margin % | 43.21 | 27.65 | 20.84 | |
| EPS, Adj (current shares) | 21.64 | 18.46 | 14.92 | |
| Growth %, YoY | — | -14.7 | — | |
| Cash from Operations | 34.9 | 26.8 | — | |
| Capital Expenditures | -15.8 | -6.8 | — | |
| Free Cash Flow | 19.1 | 20.0 | 20.0 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Innovana Thinklabs (NSE: INNOVANA) had a market capitalisation of ₹605 crore at the 30 October 2026 close (₹293.00 a share), a PE ratio of 19.6 on the last four quarters' profit and a price-to-book ratio of 2.22. In FY26 its consolidated net profit was ₹38.1 crore on revenue of ₹132 crore; in Q1 FY27 (April–June 2026) it was ₹5.6 crore, down 57.2% year on year. Its debt-to-equity ratio was 0.03 on 31 March 2026. Promoters held 72.65% of the shares on 30 September 2026.
Innovana Thinklabs' PE ratio is 19.6 at the 30 October 2026 close (₹293.00 a share): a market capitalisation of ₹605 crore divided by consolidated net profit of ₹30.8 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹38.1 crore) it is 15.9.
Innovana Thinklabs' debt-to-equity ratio was 0.03 on 31 March 2026: borrowings of ₹7.5 crore against total equity of ₹279 crore. A year earlier, on 31 March 2025, it was 0.02.
Innovana Thinklabs' net worth — shareholders' equity in its consolidated balance sheet — was ₹272 crore on 31 March 2026, up 29.0% from ₹211 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹605 crore at the 30 October 2026 close.
Innovana Thinklabs' price-to-book (PB) ratio is 2.22 at the 30 October 2026 close: a market capitalisation of ₹605 crore divided by shareholders' equity (book value) of ₹272 crore on 31 March 2026. That is a book value of ₹131.87 per share against a share price of ₹293.00.
In FY26, Innovana Thinklabs' return on equity (ROE) was 15.8% and its return on capital employed (ROCE) was 12.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Innovana Thinklabs' book value per share was ₹131.87 on 31 March 2026: shareholders' equity of ₹272 crore divided by the 2.07 crore shares in issue, up 28.0% from ₹103.01 a year earlier. The share price at the 30 October 2026 close was ₹293.00.
Innovana Thinklabs' market capitalisation was ₹605 crore at the 30 October 2026 close: 2.07 crore shares at ₹293.00 each.
No. Innovana Thinklabs had borrowings of ₹7.5 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹11.3 crore, so it held net cash of ₹3.8 crore.
Innovana Thinklabs' basic earnings per share (EPS) were ₹17.78 in FY26, against ₹21.81 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹20.27.
Promoters held 72.65% of Innovana Thinklabs on 30 September 2026, unchanged from the previous quarter and down 0.57 percentage points from 73.22% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Innovana Thinklabs generated ₹26.8 crore of cash from operations and spent ₹6.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹20 crore. In FY25 it was ₹19.1 crore.
In FY26 (April 2025–March 2026), Innovana Thinklabs' consolidated net profit was ₹38.1 crore, down 14.7% from ₹44.7 crore in FY25, on revenue from operations of ₹132 crore (up 27.9%).
On 30 September 2026, Innovana Thinklabs' shares were held by promoters 72.65%, foreign portfolio investors (FII/FPI) 1.31%, domestic institutions (DII) 1.38% (including mutual funds at 0.00%) and retail and other non-institutional investors 24.66%. Over the year, FII holding was up 0.47 percentage points from 0.84% and DII holding was up 0.56 percentage points from 0.82%.
On FY26 consolidated figures, against Ksolves India, Xchanging Solutions and Softtech Engineers: Innovana Thinklabs' operating margin of 26.6% is the third highest of the four (Ksolves India 27.8%, Xchanging Solutions 33.8%, Softtech Engineers 7.0%; peer average 22.8%); its return on equity of 15.8% is the second highest of the four (Ksolves India 136.9%, Xchanging Solutions 15.8%, Softtech Engineers 2.9%; peer average 51.9%).
At the 30 October 2026 closing prices, on FY26 net profit, Innovana Thinklabs' PE ratio is 15.9, the second highest of the four: Ksolves India 13.8, Xchanging Solutions 10.5 and Softtech Engineers 116.1, a peer average of 46.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Innovana Thinklabs' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹5.6 crore, down 57.2% from ₹13.1 crore in Q1 FY26; revenue from operations ₹39 crore, up 21.4% year on year.
Innovana Thinklabs has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
In FY26, Innovana Thinklabs earned net profit of ₹38.1 crore on revenue of ₹132 crore, against ₹34.3 crore on ₹163 crore for Ksolves India. Innovana Thinklabs' operating margin was 26.6% (Ksolves India 27.8%) and its return on equity 15.8% (Ksolves India 136.9%). At the 30 October 2026 close, Innovana Thinklabs' market capitalisation was ₹605 crore against ₹474 crore for Ksolves India, and its PE ratio on FY26 profit 15.9 against 13.8.
From Innovana Thinklabs' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.