Innovana Thinklabs share price, P/E, ROE & financials

As of 6 Nov 2026, Innovana Thinklabs trades at 20.1× trailing earnings, below the industry P/E of 27.7×, and the shares are 46% below their 52-week high. It earns ROCE of 15% and ROE of 16%, and sales and net profit grew 19% and 12% a year over 3 years. Debt is 0.21× equity. It is a small-cap company with a market cap of ₹584 Cr, ranked 32nd of 74 Software (Application) companies by market cap; the shares fell 42% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹285.00
Day high: ₹285.00
Day low: ₹281.00
Prev. close: ₹285.75
Volume: 11.6K

Health check

2 good · 1 fair · 3 to check

ReturnsBehind
−42.2% over a year, better than 1 of 7 peers.
Price tagCheaper
P/E 20.1 vs industry 27.7.
GrowthSlow
Sales +18.7%, profit +12.3% a year over 3 years.
ProfitabilityAverage
ROCE 14.8% vs peer median 12.6%.
Balance sheetSolid
Debt 0.21× equity, interest covered 10.6×.
Red flags2 to check
Quarterly profit down 56.6% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Software - Application

73 listed peers. Screen the industry

Small cap

₹584 Cr, #32 of 74 in its industry by size.

Defensive

Beta 0.38 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹139 Cr · profit ₹31 Cr

Market cap: ₹584 Cr; Small cap
P/E: 20.1; Industry 27.7
Price to book: 3.47; Peers 8.24
Dividend yield: 0.00%
ROE: 16.0%; Peers 15.3%
ROCE: 14.8%; Peers 12.6%
Debt to equity: 0.21; Debt ₹58 Cr
EPS (TTM): ₹14.06; Face value ₹10
OPM (TTM): 26.2%; Net margin 22.1%
Sales growth: +21.4%; Latest quarter vs a year ago
Profit growth: −56.6%; Latest quarter vs a year ago
Price to sales: 4.19; EV/EBITDA 16.7

Strengths

Quarterly sales up 21.4% on a year ago.
Net margin of 22.1%.
P/E of 20.1 against an industry P/E of 27.7.
Positive operating cash flow in each of the last 4 years.

Risks to check

Quarterly profit down 56.6% on a year ago.
46% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Innovana Thinklabs

Innovana Thinklabs Limited engages in the software and application development business in India and internationally. The company designs, develops, and maintains software systems and solutions. It also operates astrology and tarot platforms which include Anytime Astro, Tarot Life, mPanchang, and Tarot Life (VR), as well as offers utility and security apps, such as FlashScan, a multipurpose document scanner app that scans and digitizes documents;…

Headquarters: Jaipur
Employees: 119
Sector: Technology
ISIN: INE403Y01018
Website: innovanathinklabs.com

Price range

52 weeks

₹269.25₹524.95

Today

₹281.00₹285.00

Avg volume (3M): 23.5K
1-year return: minus 42.2%
From 52-week high: minus 46.2%

Peers · Software - Application

Compare with peers Screen the whole industry

Company
TATAELXSITata Elxsi	3,855.00	minus 1.66%	24,019	35.8	8.24	26.2%	23.9%	22.7%	6.1%	−5.9%	1.95%	minus 27.2%
URBANCOUrban Company	158.12	minus 0.25%	23,446	–	12.14	−7.2%	−21.5%	−22.9%	34.7%	–	0.00%	plus 6.5%
KFINTECHKfin Technologies	915.80	minus 1.14%	15,835	45.6	9.75	18.9%	22.6%	38.1%	22.5%	20.6%	1.31%	minus 13.4%
KPITTECHKPIT Technologies	540.45	plus 0.12%	14,713	27.7	3.99	21.3%	15.3%	26.7%	24.2%	18.7%	1.39%	minus 53.3%
BBOXBlack Box	810.95	minus 5.36%	14,402	62.2	11.18	12.6%	21.3%	9.0%	0.2%	109.3%	0.12%	plus 56.1%
AMAGIAmagi Media Labs	568.25	minus 0.04%	12,293	119.9	6.74	5.0%	6.3%	3.9%	30.3%	–	0.00%	plus 63.2%
BLACKBUCKBLACKBUCK	557.55	plus 3.06%	10,161	56.4	6.71	11.7%	12.8%	23.9%	53.9%	–	0.00%	minus 17.3%
INNOVANAInnovana Thinklabs	282.55	minus 1.12%	584	20.1	3.47	–	17.3%	12.0%	18.7%	12.3%	0.00%	minus 42.2%
Median of 7 peers	–	−0.25%	14,713	51.0	8.24	12.6%	15.3%	22.7%	24.2%	19.7%	0.12%	−13.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
32.1	32.7	34.9	32.6	39
16	18.5	22.6	29.4	32.1
16.1	14.2	12.2	3.2	6.9
50.1%	43.5%	35.1%	9.7%	17.6%
2.8	4.4	3.5	2.6	3.7
0.9	1	1.7	1.1	1.7
2.4	2.4	3.1	2.7	2.2
15.7	15.3	10.9	1.9	6.7
22.0%	22.6%	26.4%	71.0%	30.8%
12.9	12.7	9	2.9	5.6
6.40	6.15	4.35	0.88	2.68

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +18.7%
Profit CAGR 3Y: +12.3%
EPS CAGR 3Y: −12.1%
ROE: 16.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
79.2	101	103	132
–	+27.3%	+2.7%	+27.9%
45.8	55.8	47.3	85.9
33.3	45	56.2	46.4
42.1%	44.6%	54.3%	35.1%
−0.3	5.7	4.1	7
1.1	1.6	3.6	4.6
4	4.5	7.2	10.5
4.8	8.5	5.8	5.6
32.8	53	55.3	43.9
16.3%	21.9%	24.8%	25.5%
26.9	41	44.1	38.1
–	+52.3%	+7.8%	minus 13.6%
26.17	20.13	21.81	17.78

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
20.5	20.5	20.5	20.7
90.7	143	185	252
12.4	22.6	44.2	57.9
47.7	22.7	28.5	34.6
171	209	278	365
28.6	32.1	61.4	73.7
1.9	2.4	3.5	5.4
85.9	95.7	105	139
4.2	5.7	12	11.2
50.7	72.9	96.5	135
171	209	278	365

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.8	0.2	38.7	26.8
−45.7	−14.9	−22.5	−52.5
−5	16	−9.8	25
−47.9	1.3	6.4	−0.8
−4.4	−10.9	−15.8	−13.2
−1.6	−10.7	22.9	13.5
−1.5	−0.5	–	–

Shareholding pattern

Source: NSE filings

72.7%

promoters

Promoters72.65%
Public27.35%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	72.65%	27.35%	0.00
30 Jun 2026	72.65%	27.35%	0.00
31 Mar 2026	72.65%	27.35%	0.00
31 Dec 2025	72.65%	27.35%	minus 0.57
30 Sep 2025	73.22%	26.78%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you