Innovana Thinklabs (INNOVANA)₹282.95−1.41%Computers - Software & Consulting
In the Jun 2026 quarter (consolidated), Innovana Thinklabs reported sales of ₹38.85 Cr, up 21.4% from Jun 2025, and net profit of ₹5.52 Cr, down 57.8% year on year. For the year to Mar 2026, sales were ₹132 Cr and net profit ₹36.93 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 25.41 | 25.74 | 21.68 | 25.08 | 22.79 | 28.86 | 26.51 | 31.99 | 32.63 | 34.82 | 32.54 | 38.85 |
| Expenses | 14.06 | 13.19 | 14.29 | 12.78 | 10.56 | 12.33 | 11.66 | 16.02 | 18.53 | 22.67 | 29.50 | 32.14 |
| Operating Profit | 11.40 | 12.56 | 7.44 | 12.31 | 12.25 | 16.54 | 14.90 | 16.03 | 14.17 | 12.20 | 3.15 | 6.85 |
| 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 | 4.22 | 4.01 | 4.33 | 2.68 | 4.90 | 1.07 | 1.72 | 2.83 | 4.39 | 3.49 | 2.58 | 3.75 |
| Interest | 0.36 | 0.51 | 0.56 | 0.59 | 1.10 | 1.29 | 1.06 | 0.87 | 0.94 | 1.68 | 1.06 | 1.73 |
| Depreciation | 1.01 | 1.16 | 1.36 | 1.24 | 2.14 | 1.84 | 1.96 | 2.34 | 2.37 | 3.08 | 2.74 | 2.20 |
| Profit before tax | 14.28 | 14.92 | 9.86 | 13.16 | 13.96 | 14.51 | 13.63 | 15.64 | 15.29 | 10.94 | 1.92 | 6.67 |
| Tax % | 21.5% | 23.8% | 12.1% | 27.1% | 26.1% | 23.7% | 22.3% | 22.0% | 22.7% | 26.4% | 71.0% | 31.0% |
| Net Profit | 11.07 | 11.26 | 8.82 | 10.29 | 11.02 | 11.80 | 11.48 | 13.09 | 12.62 | 8.95 | 1.81 | 5.52 |
| EPS (Rs) | 5.42 | 5.53 | 4.18 | 4.96 | 5.34 | 5.72 | 5.58 | 6.33 | 6.20 | 4.64 | 1.43 | 2.73 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.96 | 30.94 | 44.87 | 63.80 | 56.90 | 57.86 | 78.74 | 101 | 103 | 132 | 139 |
| Expenses | 14.01 | 20.02 | 31.05 | 40.03 | 40.04 | 32.05 | 48.07 | 56.07 | 47.05 | 87.17 | 103 |
| Operating Profit | 0.99 | 10.97 | 13.96 | 23.93 | 15.94 | 25.93 | 30.89 | 44.82 | 55.86 | 45.82 | 36.37 |
| OPM % | 8.0% | 36.0% | 31.0% | 38.0% | 28.0% | 45.0% | 39.0% | 45.0% | 54.0% | 35.0% | 26.2% |
| Other Income | 0.00 | 0.00 | 1.01 | 3.01 | 4.01 | 4.01 | 7.01 | 14.01 | 9.99 | 13.01 | 14.21 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 1.99 | 3.99 | 4.99 | 5.41 |
| Depreciation | 0.00 | 0.00 | 1.01 | 0.99 | 0.99 | 3.01 | 4.01 | 4.01 | 7.01 | 11.01 | 10.39 |
| Profit before tax | 0.99 | 10.99 | 13.98 | 25.95 | 18.98 | 25.96 | 32.97 | 52.96 | 54.92 | 43.93 | 34.82 |
| Tax % | 38.0% | 29.0% | 24.0% | 16.0% | 18.0% | 18.0% | 16.0% | 22.0% | 25.0% | 25.0% | — |
| Exceptional items | 0.02 | −0.09 | 0.27 | 0.82 | 0.51 | 1.11 | 3.60 | 3.38 | 1.91 | 0.00 | — |
| Net Profit | 0.99 | 7.99 | 10.97 | 21.93 | 15.95 | 20.95 | 26.93 | 40.90 | 44.87 | 36.93 | 28.90 |
| EPS (Rs) | 7.22 | 3.70 | 5.22 | 10.64 | 7.61 | 10.17 | 13.16 | 20.03 | 21.59 | 18.52 | 15.00 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 8.0% | 7.0% | 2.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.19 | 3.99 | 3.99 | 9.96 | 9.97 | 9.96 | 19.92 | 19.92 | 19.92 | 20.91 |
| Reserves | 1.01 | 14.00 | 25.03 | 40.09 | 56.06 | 75.95 | 91.02 | 143 | 185 | 252 |
| Borrowings | 2.01 | 0.00 | 1.01 | 1.01 | 1.01 | 14.98 | 11.99 | 22.98 | 43.91 | 57.90 |
| Other Liabilities | 2.98 | 11.94 | 42.85 | 71.70 | 69.75 | 56.74 | 47.77 | 22.89 | 27.87 | 34.84 |
| Total Liabilities | 5.99 | 29.93 | 71.88 | 122 | 137 | 158 | 171 | 209 | 277 | 364 |
| Fixed Assets | 0.99 | 8.98 | 12.96 | 11.97 | 13.97 | 27.91 | 26.92 | 29.95 | 58.82 | 83.76 |
| CWIP | 4.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 5.01 | 12.02 | 5.01 |
| Investments | 0.00 | 1.99 | 28.01 | 45.96 | 40.97 | 40.96 | 38.98 | 49.01 | 59.01 | 79.97 |
| Other Assets | 1.99 | 18.96 | 30.91 | 63.83 | 82.85 | 87.76 | 103 | 124 | 148 | 194 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 7.01 | 7.01 | 10.01 | 14.02 | 14.02 | 12.02 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 8.99 | 12.98 | 28.96 | 43.92 |
| Cash & equivalents | 1.01 | 6.02 | 15.04 | 39.13 | 47.16 | 52.14 | 4.01 | 6.01 | 12.02 | 11.03 |
| Total Assets | 5.99 | 29.93 | 71.88 | 122 | 137 | 158 | 171 | 209 | 277 | 364 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.99 | 5.98 | 38.84 | 36.84 | 14.95 | −3.98 | 3.99 | 0.00 | 34.86 | 26.90 |
| Cash from investing activity | −3.99 | −6.99 | −29.92 | −18.95 | −7.99 | −13.98 | −46.94 | −14.97 | −18.96 | −52.88 |
| Cash from financing activity | 2.01 | 7.01 | 0.00 | 6.01 | 1.01 | 23.02 | −5.01 | 16.01 | −10.01 | 25.02 |
| Net cash flow | 0.00 | 5.01 | 8.99 | 23.97 | 7.99 | 4.99 | −47.96 | 1.01 | 5.99 | −0.99 |
| Capex | 6.99 | 21.04 | 32.87 | 71.98 | 17.52 | 36.29 | 4.36 | 10.83 | 15.77 | 13.17 |
| Free cash flow | −2.01 | −2.01 | 21.07 | 19.08 | 19.07 | −20.09 | 0.00 | −11.04 | 19.08 | 14.05 |
| CFO / OP % | 143.1% | 54.0% | 302.0% | 182.0% | 122.1% | 10.0% | 38.1% | 21.1% | 76.0% | 85.1% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 0 | 0 | 0 | 0 | 2 | 14 | 43 | 49 | 104 | 122 |
| Inventory days | 0 | 0 | 0 | 0 | 171 | — | — | — | — | 240 |
| Days payable | — | — | — | — | 590 | — | — | — | — | 245 |
| Cash conversion cycle | 0 | 0 | 0 | 0 | −416 | 12 | 41 | 47 | 102 | 117 |
| Working capital days | −36 | 7 | −221 | −277 | −244 | −243 | −69 | 78 | 124 | 109 |
| ROCE % | — | 100.0% | 58.0% | 63.0% | 31.0% | 31.0% | 26.0% | 32.0% | 26.0% | 16.0% |
For the Jun 2026 quarter, Innovana Thinklabs reported sales of ₹38.85 Cr, up 21.4% year on year and net profit of ₹5.52 Cr, down 57.8% year on year. The operating margin was 17.6%.
Innovana Thinklabs' sales for the year to Mar 2026 were ₹132 Cr; over the last twelve months they were ₹139 Cr.
Net profit for the year to Mar 2026 was ₹36.93 Cr, and ₹28.90 Cr over the last twelve months. Earnings per share over the same trailing period were ₹15.00.
Innovana Thinklabs reported borrowings of ₹57.90 Cr at Mar 2026, against cash and equivalents of ₹11.03 Cr.
Cash from operations was ₹26.90 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹14.05 Cr.