Innovassynth Technologies (India) (BSE: INOVSYNTH) is loss-making over the last 12 months, losing ₹8.62 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹156.90, 13% below its 52-week high. Debt is 0.23× equity. It is a small-cap company with a market cap of ₹1,457 Cr, ranked 74th of 204 Specialty Chemicals companies by market cap; the shares rose 79% over the past year.
- ₹155.85
- ₹158.95
- ₹152.75
- ₹155.85
- 30.4K
Health check
- ReturnsAhead
+78.8% over a year, better than 6 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROCE -21.3% vs peer median 24.4%.
- Balance sheetStretched
Debt 0.23× equity, operating profit doesn’t cover interest, Piotroski 0 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,457 Cr
- Small cap
- P/E
- n/a
- Industry 22.1
- Price to book
- 8.54
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- −8.5%
- Peers 23.0%
- ROCE
- −21.3%
- Peers 24.4%
- Debt to equity
- 0.23
- Debt ₹40 Cr
- EPS (TTM)
- −₹0.30
- OPM (TTM)
- −0.8%
- Net margin −4.2%
- Sales growth
- +356.2%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 7.08
Strengths and risks
Strengths
- Quarterly sales up 356.2% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −8.5%.
- Interest coverage of only −3.4×.
About Innovassynth Technologies (India)
Innovassynth Technologies (India) Limited operates as an investment company in India. The company was formerly known as Innovassynth Investments Limited and change its name to Innovassynth Technologies (India) Limited in December 2025. Innovassynth Technologies (India) Limited was incorporated in 2008 and is based in Khopoli, India.
- Headquarters
- Khopoli
- Employees
- 283
- Sector
- Basic Materials
- ISIN
- INE690J01011
- Website
- innovassynthinvestments.in
Price range
- Avg volume (3M)
- 63.9K
- 1-year return
- plus 78.8%
- From 52-week high
- minus 13.0%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| INOVSYNTHInnovassynth Technologies (India) | 156.90 | plus 0.67% | 1,457 | – | – | −21.3% | 23.4% | 1.19 | – | plus 78.8% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 12.3 | – | 22 | 50.8 | 56 | |
| 27.8 | – | 26 | 44.5 | 41 | |
| −15.5 | −0.1 | −4.1 | 6.3 | 15 | |
| −126.5% | – | −18.5% | 12.4% | 26.7% | |
| 0.1 | −4.5 | 0.1 | 0.1 | 0.2 | |
| 1.4 | 0.1 | 1.9 | 2.2 | 2 | |
| 2 | – | 2 | 2 | 2 | |
| −0 | −0.2 | −0.5 | −0.1 | – | |
| −18.8 | −4.9 | −8.3 | 2.1 | 11.2 | |
| 0.4% | – | 6.4% | −469.4% | 39.6% | |
| −18.7 | −4.9 | −7.8 | 12 | 6.7 | |
| -2.47 | -1.59 | -0.93 | 1.42 | 0.80 |
Profit & loss
- ROE
- −8.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | – | 96.7 | 101 | |
| – | – | 75.7 | 124 | |
| −0.4 | −0.4 | 21 | −23.6 | |
| – | – | 21.7% | −23.4% | |
| −0.9 | −0.1 | 2.2 | −0.2 | |
| 0.3 | 0.3 | 3.4 | 7 | |
| – | – | 3.9 | 7.9 | |
| – | – | −0.3 | −1 | |
| −1.6 | −0.8 | 15.6 | −39.7 | |
| – | – | −28.9% | 27.6% | |
| −1.6 | −0.8 | 20.1 | −28.8 | |
| -0.58 | -0.31 | 3.64 | -3.43 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.3 | 24.3 | 28 | 75.4 | |
| 12.6 | 11.8 | 95.2 | 19 | |
| 3.2 | 3.6 | 57.3 | 113 | |
| 1.2 | 1.6 | 42.5 | 70.8 | |
| 41.4 | 41.2 | 223 | 278 | |
| – | – | 129 | 133 | |
| – | – | 0.6 | 3.7 | |
| 41.4 | 41.2 | 0.9 | 1.6 | |
| 0 | 0 | 1.7 | 2 | |
| 0 | 0 | 91 | 137 | |
| 41.4 | 41.2 | 223 | 278 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.3 | −0.3 | 14.2 | −39 | |
| – | – | −20.5 | −9.1 | |
| 0.4 | 0.3 | −4.7 | 28.6 | |
| 0 | −0 | −11 | −19.4 | |
| – | – | −1.5 | −6.6 | |
| −0.3 | −0.3 | 12.8 | −45.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.