ITL Web Safe

Jaipur, India Founded: 2018 • Age: 8 yrs Listed
Provides plugins for secure and enhanced web browsing experiences.

About ITL Web Safe

ITL Web Safe was a publicly listed company based in Jaipur (India) founded in 2018. It provides plugins for secure and enhanced web browsing experiences. It operates on a B2B model. Its Indian entity Innovana Thinklabs Limited reported revenue of ₹146 Cr. The company is recorded as dissolved. Its focus areas include Software as a Service, Cybersecurity and Web Browsing Plugins.

Company details

ITL Web Safe, established in 2018, excels in leveraging cutting-edge technology, software as a service, enhancing digital security, and web browsing plugins. Provides plugins for secure and enhanced web browsing experiences. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Operational Areas
Key Metrics
  • Market Cap
    ₹587 Cr

    INNOVANA · NSE

  • Share Price
    ₹278.45

    -1.95% today

  • Revenue
    ₹132 Cr

    FY 2025-26 · +27.9% YoY

  • EBITDA
    ₹45.83 Cr

    Margin 34.6%

  • Net Profit
    ₹35.75 Cr

    FY 2025-26 · -12.8% YoY

  • P/E (TTM)
    18.6x

    P/B 2.2x

  • ROE
    13.7%

    ROCE 16.6%

  • Debt / Equity
    0.21

    Interest cover 13.3x

Board of directors of Innovana Thinklabs Limited (ITL Web Safe)

Innovana Thinklabs Limited is the primary company behind ITL Web Safe. The board of Innovana Thinklabs Limited currently have 6 directors; the longest-serving is Chandan Garg, appointed in 2015. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chandan Garg
DIN 06422150
Managing Director13 Apr 201511 yrs 6 moInnovana Thinklabs Limited
Kapil Garg
DIN 07143551
Whole-time director13 Apr 201511 yrs 6 moInnovana Thinklabs Limited
Swaran Kanta
DIN 07846714
Director14 Jun 20179 yrs 4 moInnovana Thinklabs Limited
Riya Sharma
DIN 09213476
Director28 Jun 20215 yrs 4 moInnovana Thinklabs Limited
Amritanshu Balani
DIN 08697688
Director11 Dec 20241 yr 10 moInnovana Thinklabs Limited
Varun Kaul
DIN 11282034
Director05 Sep 20251 yr 1 moInnovana Thinklabs Limited

IPO & Listings of ITL Web Safe

ITL Web Safe is a publicly listed company on the NSE with ticker symbol INNOVANA in India, operating in the IT - Software sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: INNOVANA
  • Listed entityInnovana Thinklabs Limited
  • Exchange sectorIT - Software

Financials of ITL Web Safe

Exchange-reported figures of Innovana Thinklabs Limited, the listed company behind ITL Web Safe (NSE: INNOVANA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹132 Cr
+27.9% YoY
EBITDA
₹45.83 Cr
-18.5% YoY
Profit After Tax
₹35.75 Cr
-12.8% YoY
Net Worth
₹272 Cr
+32.6% YoY
Total Assets
₹340 Cr
+31.9% YoY
Total Debt
₹57.92 Cr
+31.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue13210310179.1957.5856.6064.30
Revenue growth+27.9%+2.7%+27.3%+37.5%+1.7%-12.0%-
EBITDA45.8356.2044.9031.0625.6816.1224.20
EBITDA margin+34.6%+54.3%+44.5%+39.2%+44.6%+28.5%+37.6%
Profit before tax43.8755.3353.0332.7626.3318.8725.95
Net profit35.7541.0137.6123.3219.6815.0620.91
Net profit margin+27.0%+39.6%+37.3%+29.5%+34.2%+26.6%+32.5%
EPS (₹)18.4621.5319.9813.1220.2815.1721.22
Balance sheet
Total assets34025719012510267.2650.43
Net worth27220516311186.1366.4449.87
Total debt57.9244.2222.6212.3514.630.810.57
Cash & bank11.2712.075.714.4552.3347.0639.42
Net working capital63.3756.6037.37(8.46)18.979.52(9.38)
Cash flow
Cash from operations26.7638.720.164.43(3.74)15.1337.36
Cash from investing(52.52)(22.55)(14.94)(47.30)(13.80)(8.34)(19.03)
Cash from financing24.95(9.81)16.04(5.01)22.810.855.74
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue38.9732.6034.8932.7232.0926.5928.9222.85
Revenue growth (YoY)+21.4%+22.6%+20.6%+43.2%+27.8%---
Other income3.742.573.484.402.821.731.064.91
EBITDA6.873.1612.2514.2316.0714.9416.6012.30
EBITDA margin+17.6%+9.7%+35.1%+43.5%+50.1%+56.2%+57.4%+53.8%
Depreciation2.192.733.092.362.351.951.832.13
Interest1.741.071.690.950.881.071.301.11
Profit before tax6.681.9310.9515.3215.6613.6514.5313.97
Tax2.071.372.893.473.443.043.443.64
Net profit4.610.568.0611.8512.2210.6111.0910.33
EPS (₹)2.680.884.356.186.405.615.775.39
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue45.9043.2848.5141.9130.5033.8140.73
Revenue growth+6.1%-10.8%+15.8%+37.4%-9.8%-17.0%-
EBITDA35.2333.1931.5119.6712.819.0814.78
EBITDA margin+76.8%+76.7%+65.0%+46.9%+42.0%+26.9%+36.3%
Profit before tax43.7339.7440.3023.3415.2711.8315.32
Net profit31.3829.5830.3116.5511.138.3910.97
Net profit margin+68.4%+68.4%+62.5%+39.5%+36.5%+24.8%+26.9%
EPS (₹)15.5014.4314.798.4811.108.6011.12
Balance sheet
Total assets18914211277.7864.3348.6938.57
Net worth17913310373.0757.5247.2338.01
Total debt7.827.257.893.365.800.560.57
Cash & bank1.794.250.181.0934.9832.4728.07
Net working capital63.1138.1230.998.3133.201.06(0.48)
Cash flow
Cash from operations19.1510.51(6.47)5.510.5610.2923.93
Cash from investing(35.72)(4.73)2.02(35.18)(0.52)(5.68)(6.10)
Cash from financing14.10(1.71)3.55(4.23)2.48(0.21)(0.05)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.5210.6212.6710.8311.7710.7811.118.69
Revenue growth (YoY)-19.1%-1.5%+14.0%+24.6%-7.3%---
Other income1.482.481.974.251.451.311.313.89
Total expenses2.872.723.042.622.293.112.132.31
EBITDA6.657.909.638.219.487.678.986.38
EBITDA margin+69.9%+74.4%+76.0%+75.8%+80.5%+71.2%+80.8%+73.4%
Depreciation0.170.190.190.180.180.200.190.20
Interest0.630.110.630.090.070.110.520.21
Profit before tax7.3310.0810.7812.1910.688.679.589.86
Tax2.033.102.823.092.702.252.532.52

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue38.9732.6034.8932.7232.0926.5928.9222.85
Revenue growth (YoY)+21.4%+22.6%+20.6%+43.2%+27.8%---
Other income3.742.573.484.402.821.731.064.91
EBITDA6.873.1612.2514.2316.0714.9416.6012.30
EBITDA margin+17.6%+9.7%+35.1%+43.5%+50.1%+56.2%+57.4%+53.8%
Depreciation2.192.733.092.362.351.951.832.13
Interest1.741.071.690.950.881.071.301.11
Profit before tax6.681.9310.9515.3215.6613.6514.5313.97
Tax2.071.372.893.473.443.043.443.64
Net profit4.610.568.0611.8512.2210.6111.0910.33
EPS (₹)2.680.884.356.186.405.615.775.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue13210310179.1957.5856.6064.30
Revenue growth+27.9%+2.7%+27.3%+37.5%+1.7%-12.0%-
Other income13.2710.3814.416.934.344.013.13
Total expenses86.4847.2855.9148.1331.9040.4840.10
Employee cost22.2414.3616.3616.9612.3811.4014.09
EBITDA45.8356.2044.9031.0625.6816.1224.20
EBITDA margin+34.6%+54.3%+44.5%+39.2%+44.6%+28.5%+37.6%
Depreciation10.537.174.483.962.701.131.31
Interest4.704.081.801.270.990.130.07
Profit before tax43.8755.3353.0332.7626.3318.8725.95
Tax11.1713.7111.585.354.873.314.21
Net profit35.7541.0137.6123.3219.6815.0620.91
Net profit margin+27.0%+39.6%+37.3%+29.5%+34.2%+26.6%+32.5%
EPS (₹)18.4621.5319.9813.1220.2815.1721.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20.6620.5020.5020.5010.2510.2510.25
Reserves & surplus24418514390.7075.8856.1939.62
Shareholders' funds (net worth)27220516311186.1366.4449.87
Minority interest6.895.713.080.000.000.000.00
Secured loans5.354.544.980.001.580.250.00
Unsecured loans52.5739.6817.6412.3513.050.560.57
Total debt57.9244.2222.6212.3514.630.810.57
Total liabilities34025719012510267.2650.43
Assets
Gross block82.6668.4637.4032.4331.6116.0313.48
Net block69.0558.6329.7026.7027.7613.5912.17
Capital work in progress20.4512.315.251.860.400.000.00
Investments80.1058.6749.3239.2741.4240.6945.86
Inventories11.5414.3114.159.987.256.640.00
Sundry debtors43.7529.3113.239.192.050.170.00
Cash & bank balances11.2712.075.714.4552.3347.0639.42
Loans & advances20.9121.2022.5214.2013.1625.6023.18
Total current assets87.4776.8955.6137.8274.7979.4762.60
Total current liabilities24.1020.2918.2446.2855.8269.9571.98
Net working capital63.3756.6037.37(8.46)18.979.52(9.38)
Total assets34025719012510267.2650.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.075.714.4552.3347.0639.4215.35
Net cash from operating activities26.7638.720.164.43(3.74)15.1337.36
Net cash from investing activities(52.52)(22.55)(14.94)(47.30)(13.80)(8.34)(19.03)
Net cash from financing activities24.95(9.81)16.04(5.01)22.810.855.74
Net change in cash(0.80)6.361.26(47.88)5.277.6424.07
Closing cash11.2712.075.714.4552.3347.0639.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+27.9%+2.7%+27.3%+37.5%+1.7%-12.0%-
EBITDA growth-18.5%+25.2%+44.6%+21.0%+59.3%-33.4%-
PBT growth-20.7%+4.3%+61.9%+24.4%+39.5%-27.3%+85.0%
Net income growth-12.8%+9.0%+61.3%+18.5%+30.7%-28.0%-
Revenue CAGR (3Y)+18.7%+21.6%+21.2%+7.2%+8.5%+22.5%+60.6%
EBITDA CAGR (3Y)+13.9%+29.8%+40.7%+8.7%+22.2%+14.8%+166.4%
Profitability & leverage
Net income margin+24.7%+40.2%+41.1%+34.6%+37.3%+27.5%+33.8%
Return on capital employed+16.6%+27.1%+35.1%+25.8%+32.3%+32.3%+65.1%
Return on net worth+13.7%+22.6%+30.2%+24.1%+28.1%+26.7%+55.1%
Debt / equity0.210.180.130.140.100.010.01
Long-term debt / equity0.170.130.080.100.070.010.01
Interest cover13.318.324.454.694.310.870.31
Efficiency & per share
Fixed asset turnover1.751.962.892.472.423.844.60
Inventory turnover10.247.278.369.198.2917.050.00
Debtors turnover3.624.878.9914.0951.87665.880.00
EPS (₹)18.4621.5319.9813.1220.2815.1721.22
Dividend per share (₹)0.000.000.000.251.501.250.00
Book value per share (₹)128.22100.2279.6654.2584.0364.8248.65
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.5210.6212.6710.8311.7710.7811.118.69
Revenue growth (YoY)-19.1%-1.5%+14.0%+24.6%-7.3%---
Other income1.482.481.974.251.451.311.313.89
Total expenses2.872.723.042.622.293.112.132.31
EBITDA6.657.909.638.219.487.678.986.38
EBITDA margin+69.9%+74.4%+76.0%+75.8%+80.5%+71.2%+80.8%+73.4%
Depreciation0.170.190.190.180.180.200.190.20
Interest0.630.110.630.090.070.110.520.21
Profit before tax7.3310.0810.7812.1910.688.679.589.86
Tax2.033.102.823.092.702.252.532.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue45.9043.2848.5141.9130.5033.8140.73
Revenue growth+6.1%-10.8%+15.8%+37.4%-9.8%-17.0%-
Other income10.158.3410.325.133.963.881.85
Total expenses10.6710.0917.0022.2417.6924.7325.95
Employee cost7.326.3910.1211.509.517.3613.78
EBITDA35.2333.1931.5119.6712.819.0814.78
EBITDA margin+76.8%+76.7%+65.0%+46.9%+42.0%+26.9%+36.3%
Depreciation0.730.781.071.041.080.901.24
Interest0.921.010.460.420.420.230.07
Profit before tax43.7339.7440.3023.3415.2711.8315.32
Tax11.7210.169.965.973.903.003.92
Net profit31.3829.5830.3116.5511.138.3910.97
Net profit margin+68.4%+68.4%+62.5%+39.5%+36.5%+24.8%+26.9%
EPS (₹)15.5014.4314.798.4811.108.6011.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20.6620.5020.5020.5010.2510.2510.25
Reserves & surplus15111282.8052.5747.2736.9827.76
Shareholders' funds (net worth)17913310373.0757.5247.2338.01
Secured loans5.354.544.960.001.580.000.00
Unsecured loans2.472.712.933.364.220.560.57
Total debt7.827.257.893.365.800.560.57
Total liabilities18914211277.7864.3348.6938.57
Assets
Gross block16.1416.3016.4816.1816.3512.7412.51
Net block10.7611.3612.0212.4913.4110.6011.27
Capital work in progress19.7212.454.841.860.400.000.00
Investments40.2539.9126.9820.6216.1315.9921.84
Inventories0.000.000.000.000.000.000.00
Sundry debtors26.5817.113.310.000.070.040.00
Cash & bank balances1.794.250.181.0934.9832.4728.07
Loans & advances44.6727.3437.8648.8545.8111.5715.36
Total current assets73.0448.7041.3549.9480.8644.0843.43
Total current liabilities9.9310.5810.3641.6347.6643.0243.91
Net working capital63.1138.1230.998.3133.201.06(0.48)
Total assets18914211277.7864.3348.6938.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.250.181.0934.9832.4728.0710.29
Net cash from operating activities19.1510.51(6.47)5.510.5610.2923.93
Net cash from investing activities(35.72)(4.73)2.02(35.18)(0.52)(5.68)(6.10)
Net cash from financing activities14.10(1.71)3.55(4.23)2.48(0.21)(0.05)
Net change in cash(2.46)4.07(0.91)(33.89)2.524.3917.78
Closing cash1.794.250.181.0934.9832.4728.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.1%-10.8%+15.8%+37.4%-9.8%-17.0%-
EBITDA growth+6.2%+5.3%+60.2%+53.6%+41.1%-38.6%-
PBT growth+10.0%-1.4%+72.7%+52.9%+29.1%-22.8%+29.1%
Net income growth+6.1%-2.4%+83.1%+48.7%+32.7%-23.5%-
Revenue CAGR (3Y)+3.1%+12.4%+12.8%+1.0%-9.2%+3.1%+38.0%
EBITDA CAGR (3Y)+21.4%+37.4%+51.4%+10.0%+2.8%-5.2%+126.0%
Profitability & leverage
Net income margin+69.7%+68.4%+62.5%+41.5%+37.3%+26.1%+28.0%
Return on capital employed+27.0%+32.0%+42.8%+33.5%+27.8%+27.6%+46.7%
Return on net worth+20.5%+25.0%+34.4%+26.6%+21.7%+20.7%+35.1%
Debt / equity0.050.060.060.070.060.010.02
Long-term debt / equity0.010.020.030.050.030.010.02
Interest cover2.673.121.512.253.582.810.52
Efficiency & per share
Fixed asset turnover2.832.642.972.582.102.683.13
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover2.104.2429.311,197.43554.551,690.500.00
EPS (₹)15.5014.4314.798.4811.108.6011.12
Dividend per share (₹)0.000.000.000.251.501.250.00
Book value per share (₹)83.2264.8750.3935.6456.1246.0837.08

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Frequently Asked Questions about ITL Web Safe

ITL Web Safe was founded in 2018.

ITL Web Safe is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

The primary company behind ITL Web Safe, Innovana Thinklabs Limited, reported revenue of ₹146 Cr for FY 2026, up 28% year on year.

ITL Web Safe, established in 2018, excels in leveraging cutting-edge technology, software as a service, enhancing digital security, and web browsing plugins. Provides plugins for secure and enhanced web browsing experiences. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Yes, ITL Web Safe is publicly traded on NSE under the ticker symbol INNOVANA.

ITL Web Safe operates through Innovana Thinklabs Limited.

The legal entities of ITL Web Safe currently have 8 directors, including Swaran Kanta, Chandan Garg, Kapil Garg and others.

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