MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-RJ-17-0076764
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)
19.0x
P/B 2.2x
ROE
13.7%
ROCE 16.6%
Debt / Equity
0.21
Interest cover 13.3x
About Innovana Thinklabs Limited
Data last updated:
Innovana Thinklabs Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L72900RJ2015PLC047363. Its GSTIN is 08AAICP0764H1ZA (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 544302 and NSE: INNOVANA.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹20.66 Cr. It was formerly known as Evoleum Limited and Softaqu Apps Limited. It is led by directors including Chandan Garg (Managing Director) and Kapil Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. D – 41 Patrakar Colony Near Jawahar Nagar Moti Dungri Vistar Yojna Raja Park, Jaipur, Rajasthan, India – 302004.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹132.31 Cr, a growth of 27.9% compared to the previous year. For the same year it recorded a net profit of ₹35.75 Cr (net margin 27%) and EBITDA of ₹45.83 Cr (EBITDA margin 34.6%). The net worth stands at ₹272.44 Cr (up 32.6% YoY). Total assets are valued at ₹339.52 Cr (up 31.9% YoY).
Its group structure includes 6 subsidiaries.
The company is associated with 7 brands, including ITL Total Security, Web Secure Plus, Anytime Astro, mPanchang, ITL Web Safe and others. As per MCA filings, the company has open charges of ₹10.9 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 10 deals on record (9 market trades, 1 ipo); the latest was in October 2022. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Provigil Surveillance Limited with revenue of ₹115.73 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
Innovana Thinklabs Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0076764). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovanathinklabs.com.
Company details
CIN L72900RJ2015PLC047363
Registration Number 047363
Incorporation Date 13 April 2015
ROC Jaipur
Listing Status Listed - Listed on NSE (INNOVANA); Listed on BSE (544302)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-RJ-17-0076764
Name history
Innovana Thinklabs has undergone 13 name changes throughout its history. The current legal name is Innovana Thinklabs Limited.
| Company Name | Status |
|---|---|
| Innovana Thinklabs Limited | Current |
| Evoleum Limited | Previous |
| Softaqu Apps Limited | Previous |
| Softaqu 3Com Limited | Previous |
| Softaqu Corporation Limited | Previous |
| Innovana Software Limited | Previous |
| Intelligic Technologies Limited | Previous |
| Pcvark Software Limited | Previous |
| Softaqu Technolabs Limited | Previous |
| Softaqu Technologies Limited | Previous |
| Softaqu Solutions Limited | Previous |
| Innovana Technologies Limited | Previous |
| Pcvark Software Private Limited | Previous |
| Innovana Tech Solutions Limited | Previous |
CIN history
Innovana Thinklabs has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900RJ2015PLC047363, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900RJ2015PLC047363 | Current |
| U72900RJ2015PLC047363 | Previous |
| U72900RJ2015PTC047363 | Previous |
Recognitions & Rankings of Innovana Thinklabs
Contact details
Innovana Thinklabs Limited's registered office is in Jaipur, Rajasthan. Its website is innovanathinklabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No. D – 41 Patrakar Colony Near Jawahar Nagar Moti Dungri Vistar Yojna Raja Park, Jaipur, Rajasthan, India – 302004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innovana Thinklabs Limited, buy the company report.
Comprehensive company report
Innovana Thinklabs Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Innovana Thinklabs operates multiple associated brands including ITL Total Security, Web Secure Plus, and Anytime Astro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers antivirus solutions for protection against cyber threats. | itlantivirus.com | |
| Free extension scans websites for threats and alerts users during browsing. | websecureplus.com | |
| Online platform for astrology consultations, horoscopes, tarot readings, and spiritual advice services. | anytimeastro.com | |
| Offers astrology predictions, horoscopes, kundali matching, and calendar insights online. | mpanchang.com | |
| Provides plugins for secure and enhanced web browsing experiences. | itlwebsafe.com | |
| Offers cloud-based VPN solutions for secure connectivity. | itlsecurevpn.com | |
| Antivirus software is provided for Mac, iOS, and Windows devices. | innovanathinklabs.com |
Business activity
The main business activity of Innovana Thinklabs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innovana Thinklabs Limited, buy the company report.
Financials of Innovana Thinklabs Limited
FY 2025-26 filings availableInnovana Thinklabs Limited reported revenue of ₹132.31 Cr (up 27.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 132 | 103 | 101 | 79.19 | 57.58 | 56.60 | 64.30 |
| Revenue growth | +27.9% | +2.7% | +27.3% | +37.5% | +1.7% | -12.0% | - |
| EBITDA | 45.83 | 56.20 | 44.90 | 31.06 | 25.68 | 16.12 | 24.20 |
| EBITDA margin | +34.6% | +54.3% | +44.5% | +39.2% | +44.6% | +28.5% | +37.6% |
| Profit before tax | 43.87 | 55.33 | 53.03 | 32.76 | 26.33 | 18.87 | 25.95 |
| Net profit | 35.75 | 41.01 | 37.61 | 23.32 | 19.68 | 15.06 | 20.91 |
| Net profit margin | +27.0% | +39.6% | +37.3% | +29.5% | +34.2% | +26.6% | +32.5% |
| EPS (₹) | 18.46 | 21.53 | 19.98 | 13.12 | 20.28 | 15.17 | 21.22 |
| Balance sheet | |||||||
| Total assets | 340 | 257 | 190 | 125 | 102 | 67.26 | 50.43 |
| Net worth | 272 | 205 | 163 | 111 | 86.13 | 66.44 | 49.87 |
| Total debt | 57.92 | 44.22 | 22.62 | 12.35 | 14.63 | 0.81 | 0.57 |
| Cash & bank | 11.27 | 12.07 | 5.71 | 4.45 | 52.33 | 47.06 | 39.42 |
| Net working capital | 63.37 | 56.60 | 37.37 | (8.46) | 18.97 | 9.52 | (9.38) |
| Cash flow | |||||||
| Cash from operations | 26.76 | 38.72 | 0.16 | 4.43 | (3.74) | 15.13 | 37.36 |
| Cash from investing | (52.52) | (22.55) | (14.94) | (47.30) | (13.80) | (8.34) | (19.03) |
| Cash from financing | 24.95 | (9.81) | 16.04 | (5.01) | 22.81 | 0.85 | 5.74 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38.97 | 32.60 | 34.89 | 32.72 | 32.09 | 26.59 | 28.92 | 22.85 |
| Revenue growth (YoY) | +21.4% | +22.6% | +20.6% | +43.2% | +27.8% | - | - | - |
| Other income | 3.74 | 2.57 | 3.48 | 4.40 | 2.82 | 1.73 | 1.06 | 4.91 |
| EBITDA | 6.87 | 3.16 | 12.25 | 14.23 | 16.07 | 14.94 | 16.60 | 12.30 |
| EBITDA margin | +17.6% | +9.7% | +35.1% | +43.5% | +50.1% | +56.2% | +57.4% | +53.8% |
| Depreciation | 2.19 | 2.73 | 3.09 | 2.36 | 2.35 | 1.95 | 1.83 | 2.13 |
| Interest | 1.74 | 1.07 | 1.69 | 0.95 | 0.88 | 1.07 | 1.30 | 1.11 |
| Profit before tax | 6.68 | 1.93 | 10.95 | 15.32 | 15.66 | 13.65 | 14.53 | 13.97 |
| Tax | 2.07 | 1.37 | 2.89 | 3.47 | 3.44 | 3.04 | 3.44 | 3.64 |
| Net profit | 4.61 | 0.56 | 8.06 | 11.85 | 12.22 | 10.61 | 11.09 | 10.33 |
| EPS (₹) | 2.68 | 0.88 | 4.35 | 6.18 | 6.40 | 5.61 | 5.77 | 5.39 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 45.90 | 43.28 | 48.51 | 41.91 | 30.50 | 33.81 | 40.73 |
| Revenue growth | +6.1% | -10.8% | +15.8% | +37.4% | -9.8% | -17.0% | - |
| EBITDA | 35.23 | 33.19 | 31.51 | 19.67 | 12.81 | 9.08 | 14.78 |
| EBITDA margin | +76.8% | +76.7% | +65.0% | +46.9% | +42.0% | +26.9% | +36.3% |
| Profit before tax | 43.73 | 39.74 | 40.30 | 23.34 | 15.27 | 11.83 | 15.32 |
| Net profit | 31.38 | 29.58 | 30.31 | 16.55 | 11.13 | 8.39 | 10.97 |
| Net profit margin | +68.4% | +68.4% | +62.5% | +39.5% | +36.5% | +24.8% | +26.9% |
| EPS (₹) | 15.50 | 14.43 | 14.79 | 8.48 | 11.10 | 8.60 | 11.12 |
| Balance sheet | |||||||
| Total assets | 189 | 142 | 112 | 77.78 | 64.33 | 48.69 | 38.57 |
| Net worth | 179 | 133 | 103 | 73.07 | 57.52 | 47.23 | 38.01 |
| Total debt | 7.82 | 7.25 | 7.89 | 3.36 | 5.80 | 0.56 | 0.57 |
| Cash & bank | 1.79 | 4.25 | 0.18 | 1.09 | 34.98 | 32.47 | 28.07 |
| Net working capital | 63.11 | 38.12 | 30.99 | 8.31 | 33.20 | 1.06 | (0.48) |
| Cash flow | |||||||
| Cash from operations | 19.15 | 10.51 | (6.47) | 5.51 | 0.56 | 10.29 | 23.93 |
| Cash from investing | (35.72) | (4.73) | 2.02 | (35.18) | (0.52) | (5.68) | (6.10) |
| Cash from financing | 14.10 | (1.71) | 3.55 | (4.23) | 2.48 | (0.21) | (0.05) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.52 | 10.62 | 12.67 | 10.83 | 11.77 | 10.78 | 11.11 | 8.69 |
| Revenue growth (YoY) | -19.1% | -1.5% | +14.0% | +24.6% | -7.3% | - | - | - |
| Other income | 1.48 | 2.48 | 1.97 | 4.25 | 1.45 | 1.31 | 1.31 | 3.89 |
| Total expenses | 2.87 | 2.72 | 3.04 | 2.62 | 2.29 | 3.11 | 2.13 | 2.31 |
| EBITDA | 6.65 | 7.90 | 9.63 | 8.21 | 9.48 | 7.67 | 8.98 | 6.38 |
| EBITDA margin | +69.9% | +74.4% | +76.0% | +75.8% | +80.5% | +71.2% | +80.8% | +73.4% |
| Depreciation | 0.17 | 0.19 | 0.19 | 0.18 | 0.18 | 0.20 | 0.19 | 0.20 |
| Interest | 0.63 | 0.11 | 0.63 | 0.09 | 0.07 | 0.11 | 0.52 | 0.21 |
| Profit before tax | 7.33 | 10.08 | 10.78 | 12.19 | 10.68 | 8.67 | 9.58 | 9.86 |
| Tax | 2.03 | 3.10 | 2.82 | 3.09 | 2.70 | 2.25 | 2.53 | 2.52 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38.97 | 32.60 | 34.89 | 32.72 | 32.09 | 26.59 | 28.92 | 22.85 |
| Revenue growth (YoY) | +21.4% | +22.6% | +20.6% | +43.2% | +27.8% | - | - | - |
| Other income | 3.74 | 2.57 | 3.48 | 4.40 | 2.82 | 1.73 | 1.06 | 4.91 |
| EBITDA | 6.87 | 3.16 | 12.25 | 14.23 | 16.07 | 14.94 | 16.60 | 12.30 |
| EBITDA margin | +17.6% | +9.7% | +35.1% | +43.5% | +50.1% | +56.2% | +57.4% | +53.8% |
| Depreciation | 2.19 | 2.73 | 3.09 | 2.36 | 2.35 | 1.95 | 1.83 | 2.13 |
| Interest | 1.74 | 1.07 | 1.69 | 0.95 | 0.88 | 1.07 | 1.30 | 1.11 |
| Profit before tax | 6.68 | 1.93 | 10.95 | 15.32 | 15.66 | 13.65 | 14.53 | 13.97 |
| Tax | 2.07 | 1.37 | 2.89 | 3.47 | 3.44 | 3.04 | 3.44 | 3.64 |
| Net profit | 4.61 | 0.56 | 8.06 | 11.85 | 12.22 | 10.61 | 11.09 | 10.33 |
| EPS (₹) | 2.68 | 0.88 | 4.35 | 6.18 | 6.40 | 5.61 | 5.77 | 5.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 132 | 103 | 101 | 79.19 | 57.58 | 56.60 | 64.30 |
| Revenue growth | +27.9% | +2.7% | +27.3% | +37.5% | +1.7% | -12.0% | - |
| Other income | 13.27 | 10.38 | 14.41 | 6.93 | 4.34 | 4.01 | 3.13 |
| Total expenses | 86.48 | 47.28 | 55.91 | 48.13 | 31.90 | 40.48 | 40.10 |
| Employee cost | 22.24 | 14.36 | 16.36 | 16.96 | 12.38 | 11.40 | 14.09 |
| EBITDA | 45.83 | 56.20 | 44.90 | 31.06 | 25.68 | 16.12 | 24.20 |
| EBITDA margin | +34.6% | +54.3% | +44.5% | +39.2% | +44.6% | +28.5% | +37.6% |
| Depreciation | 10.53 | 7.17 | 4.48 | 3.96 | 2.70 | 1.13 | 1.31 |
| Interest | 4.70 | 4.08 | 1.80 | 1.27 | 0.99 | 0.13 | 0.07 |
| Profit before tax | 43.87 | 55.33 | 53.03 | 32.76 | 26.33 | 18.87 | 25.95 |
| Tax | 11.17 | 13.71 | 11.58 | 5.35 | 4.87 | 3.31 | 4.21 |
| Net profit | 35.75 | 41.01 | 37.61 | 23.32 | 19.68 | 15.06 | 20.91 |
| Net profit margin | +27.0% | +39.6% | +37.3% | +29.5% | +34.2% | +26.6% | +32.5% |
| EPS (₹) | 18.46 | 21.53 | 19.98 | 13.12 | 20.28 | 15.17 | 21.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.66 | 20.50 | 20.50 | 20.50 | 10.25 | 10.25 | 10.25 |
| Reserves & surplus | 244 | 185 | 143 | 90.70 | 75.88 | 56.19 | 39.62 |
| Shareholders' funds (net worth) | 272 | 205 | 163 | 111 | 86.13 | 66.44 | 49.87 |
| Minority interest | 6.89 | 5.71 | 3.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 5.35 | 4.54 | 4.98 | 0.00 | 1.58 | 0.25 | 0.00 |
| Unsecured loans | 52.57 | 39.68 | 17.64 | 12.35 | 13.05 | 0.56 | 0.57 |
| Total debt | 57.92 | 44.22 | 22.62 | 12.35 | 14.63 | 0.81 | 0.57 |
| Total liabilities | 340 | 257 | 190 | 125 | 102 | 67.26 | 50.43 |
| Assets | |||||||
| Gross block | 82.66 | 68.46 | 37.40 | 32.43 | 31.61 | 16.03 | 13.48 |
| Net block | 69.05 | 58.63 | 29.70 | 26.70 | 27.76 | 13.59 | 12.17 |
| Capital work in progress | 20.45 | 12.31 | 5.25 | 1.86 | 0.40 | 0.00 | 0.00 |
| Investments | 80.10 | 58.67 | 49.32 | 39.27 | 41.42 | 40.69 | 45.86 |
| Inventories | 11.54 | 14.31 | 14.15 | 9.98 | 7.25 | 6.64 | 0.00 |
| Sundry debtors | 43.75 | 29.31 | 13.23 | 9.19 | 2.05 | 0.17 | 0.00 |
| Cash & bank balances | 11.27 | 12.07 | 5.71 | 4.45 | 52.33 | 47.06 | 39.42 |
| Loans & advances | 20.91 | 21.20 | 22.52 | 14.20 | 13.16 | 25.60 | 23.18 |
| Total current assets | 87.47 | 76.89 | 55.61 | 37.82 | 74.79 | 79.47 | 62.60 |
| Total current liabilities | 24.10 | 20.29 | 18.24 | 46.28 | 55.82 | 69.95 | 71.98 |
| Net working capital | 63.37 | 56.60 | 37.37 | (8.46) | 18.97 | 9.52 | (9.38) |
| Total assets | 340 | 257 | 190 | 125 | 102 | 67.26 | 50.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 12.07 | 5.71 | 4.45 | 52.33 | 47.06 | 39.42 | 15.35 |
| Net cash from operating activities | 26.76 | 38.72 | 0.16 | 4.43 | (3.74) | 15.13 | 37.36 |
| Net cash from investing activities | (52.52) | (22.55) | (14.94) | (47.30) | (13.80) | (8.34) | (19.03) |
| Net cash from financing activities | 24.95 | (9.81) | 16.04 | (5.01) | 22.81 | 0.85 | 5.74 |
| Net change in cash | (0.80) | 6.36 | 1.26 | (47.88) | 5.27 | 7.64 | 24.07 |
| Closing cash | 11.27 | 12.07 | 5.71 | 4.45 | 52.33 | 47.06 | 39.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.21 | 0.18 | 0.13 | 0.14 | 0.10 | 0.01 | 0.01 |
| Long-term debt / equity | 0.17 | 0.13 | 0.08 | 0.10 | 0.07 | 0.01 | 0.01 |
| Interest cover | 13.31 | 8.32 | 4.45 | 4.69 | 4.31 | 0.87 | 0.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.75 | 1.96 | 2.89 | 2.47 | 2.42 | 3.84 | 4.60 |
| Inventory turnover | 10.24 | 7.27 | 8.36 | 9.19 | 8.29 | 17.05 | 0.00 |
| Debtors turnover | 3.62 | 4.87 | 8.99 | 14.09 | 51.87 | 665.88 | 0.00 |
| EPS (₹) | 18.46 | 21.53 | 19.98 | 13.12 | 20.28 | 15.17 | 21.22 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.25 | 1.50 | 1.25 | 0.00 |
| Book value per share (₹) | 128.22 | 100.22 | 79.66 | 54.25 | 84.03 | 64.82 | 48.65 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.52 | 10.62 | 12.67 | 10.83 | 11.77 | 10.78 | 11.11 | 8.69 |
| Revenue growth (YoY) | -19.1% | -1.5% | +14.0% | +24.6% | -7.3% | - | - | - |
| Other income | 1.48 | 2.48 | 1.97 | 4.25 | 1.45 | 1.31 | 1.31 | 3.89 |
| Total expenses | 2.87 | 2.72 | 3.04 | 2.62 | 2.29 | 3.11 | 2.13 | 2.31 |
| EBITDA | 6.65 | 7.90 | 9.63 | 8.21 | 9.48 | 7.67 | 8.98 | 6.38 |
| EBITDA margin | +69.9% | +74.4% | +76.0% | +75.8% | +80.5% | +71.2% | +80.8% | +73.4% |
| Depreciation | 0.17 | 0.19 | 0.19 | 0.18 | 0.18 | 0.20 | 0.19 | 0.20 |
| Interest | 0.63 | 0.11 | 0.63 | 0.09 | 0.07 | 0.11 | 0.52 | 0.21 |
| Profit before tax | 7.33 | 10.08 | 10.78 | 12.19 | 10.68 | 8.67 | 9.58 | 9.86 |
| Tax | 2.03 | 3.10 | 2.82 | 3.09 | 2.70 | 2.25 | 2.53 | 2.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 45.90 | 43.28 | 48.51 | 41.91 | 30.50 | 33.81 | 40.73 |
| Revenue growth | +6.1% | -10.8% | +15.8% | +37.4% | -9.8% | -17.0% | - |
| Other income | 10.15 | 8.34 | 10.32 | 5.13 | 3.96 | 3.88 | 1.85 |
| Total expenses | 10.67 | 10.09 | 17.00 | 22.24 | 17.69 | 24.73 | 25.95 |
| Employee cost | 7.32 | 6.39 | 10.12 | 11.50 | 9.51 | 7.36 | 13.78 |
| EBITDA | 35.23 | 33.19 | 31.51 | 19.67 | 12.81 | 9.08 | 14.78 |
| EBITDA margin | +76.8% | +76.7% | +65.0% | +46.9% | +42.0% | +26.9% | +36.3% |
| Depreciation | 0.73 | 0.78 | 1.07 | 1.04 | 1.08 | 0.90 | 1.24 |
| Interest | 0.92 | 1.01 | 0.46 | 0.42 | 0.42 | 0.23 | 0.07 |
| Profit before tax | 43.73 | 39.74 | 40.30 | 23.34 | 15.27 | 11.83 | 15.32 |
| Tax | 11.72 | 10.16 | 9.96 | 5.97 | 3.90 | 3.00 | 3.92 |
| Net profit | 31.38 | 29.58 | 30.31 | 16.55 | 11.13 | 8.39 | 10.97 |
| Net profit margin | +68.4% | +68.4% | +62.5% | +39.5% | +36.5% | +24.8% | +26.9% |
| EPS (₹) | 15.50 | 14.43 | 14.79 | 8.48 | 11.10 | 8.60 | 11.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.66 | 20.50 | 20.50 | 20.50 | 10.25 | 10.25 | 10.25 |
| Reserves & surplus | 151 | 112 | 82.80 | 52.57 | 47.27 | 36.98 | 27.76 |
| Shareholders' funds (net worth) | 179 | 133 | 103 | 73.07 | 57.52 | 47.23 | 38.01 |
| Secured loans | 5.35 | 4.54 | 4.96 | 0.00 | 1.58 | 0.00 | 0.00 |
| Unsecured loans | 2.47 | 2.71 | 2.93 | 3.36 | 4.22 | 0.56 | 0.57 |
| Total debt | 7.82 | 7.25 | 7.89 | 3.36 | 5.80 | 0.56 | 0.57 |
| Total liabilities | 189 | 142 | 112 | 77.78 | 64.33 | 48.69 | 38.57 |
| Assets | |||||||
| Gross block | 16.14 | 16.30 | 16.48 | 16.18 | 16.35 | 12.74 | 12.51 |
| Net block | 10.76 | 11.36 | 12.02 | 12.49 | 13.41 | 10.60 | 11.27 |
| Capital work in progress | 19.72 | 12.45 | 4.84 | 1.86 | 0.40 | 0.00 | 0.00 |
| Investments | 40.25 | 39.91 | 26.98 | 20.62 | 16.13 | 15.99 | 21.84 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 26.58 | 17.11 | 3.31 | 0.00 | 0.07 | 0.04 | 0.00 |
| Cash & bank balances | 1.79 | 4.25 | 0.18 | 1.09 | 34.98 | 32.47 | 28.07 |
| Loans & advances | 44.67 | 27.34 | 37.86 | 48.85 | 45.81 | 11.57 | 15.36 |
| Total current assets | 73.04 | 48.70 | 41.35 | 49.94 | 80.86 | 44.08 | 43.43 |
| Total current liabilities | 9.93 | 10.58 | 10.36 | 41.63 | 47.66 | 43.02 | 43.91 |
| Net working capital | 63.11 | 38.12 | 30.99 | 8.31 | 33.20 | 1.06 | (0.48) |
| Total assets | 189 | 142 | 112 | 77.78 | 64.33 | 48.69 | 38.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.25 | 0.18 | 1.09 | 34.98 | 32.47 | 28.07 | 10.29 |
| Net cash from operating activities | 19.15 | 10.51 | (6.47) | 5.51 | 0.56 | 10.29 | 23.93 |
| Net cash from investing activities | (35.72) | (4.73) | 2.02 | (35.18) | (0.52) | (5.68) | (6.10) |
| Net cash from financing activities | 14.10 | (1.71) | 3.55 | (4.23) | 2.48 | (0.21) | (0.05) |
| Net change in cash | (2.46) | 4.07 | (0.91) | (33.89) | 2.52 | 4.39 | 17.78 |
| Closing cash | 1.79 | 4.25 | 0.18 | 1.09 | 34.98 | 32.47 | 28.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.05 | 0.06 | 0.06 | 0.07 | 0.06 | 0.01 | 0.02 |
| Long-term debt / equity | 0.01 | 0.02 | 0.03 | 0.05 | 0.03 | 0.01 | 0.02 |
| Interest cover | 2.67 | 3.12 | 1.51 | 2.25 | 3.58 | 2.81 | 0.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.83 | 2.64 | 2.97 | 2.58 | 2.10 | 2.68 | 3.13 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 2.10 | 4.24 | 29.31 | 1,197.43 | 554.55 | 1,690.50 | 0.00 |
| EPS (₹) | 15.50 | 14.43 | 14.79 | 8.48 | 11.10 | 8.60 | 11.12 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.25 | 1.50 | 1.25 | 0.00 |
| Book value per share (₹) | 83.22 | 64.87 | 50.39 | 35.64 | 56.12 | 46.08 | 37.08 |
To see the full year-wise statements and ratios of Innovana Thinklabs Limited, buy the company report.
Board of directors of Innovana Thinklabs Limited
Innovana Thinklabs has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Peer comparison
Innovana Thinklabs Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovana Thinklabs Limitedthis company | ₹132.31 Cr (FY 2026) | ₹35.75 Cr | 27% | 27.9% | Jaipur, Rajasthan, India | |
| Provigil Surveillance Limited | ₹115.73 Cr (FY 2023) | -4.0% | Hyderabad, Telangana, India | |||
| RZPX Private Limited | ₹115.58 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Tech Smcsquared (GCC) India Private Limited | ₹114.35 Cr (FY 2025) | 87.0% | Bengaluru, Karnataka, India | |||
| Awc Software Private Limited | ₹114.26 Cr (FY 2025) | 85.0% | Noida, Uttar Pradesh, India | |||
| Stats Systems India Private Limited | ₹114.19 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Case Platforms Private Limited | ₹113.72 Cr (FY 2025) | 52.0% | Bangalore, Karnataka, India | |||
| Ie Online Media Services Private Limited | ₹113.64 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Oprt Development Center Private Limited | ₹113.39 Cr (FY 2025) | 42.0% | Chennai, Tamil Nadu, India | |||
| Servicenow Data Services Private Limited | ₹112.68 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Roman Networks Private Limited | ₹112.41 Cr (FY 2025) | 24.0% | Delhi, India |
To see the full peer comparison of Innovana Thinklabs Limited, buy the company report.
Auditor
Innovana Thinklabs Limited is audited by AMIT RAMAKANT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT RAMAKANT & CO. | FY 2023 | 009184C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.60%, foreign institutional investors hold 1.00%, domestic institutional investors hold 1.60% and retail and other public shareholders hold 24.80%.
Sep 2026
QUARTER
72.60% Promoters
1.60% DII (Domestic Institutional)
1.00% FII (Foreign Institutional)
24.80% Retail & Others
Promoter holding - history
Now 72.60% · Sep 2026High 73.20% · Dec 2025Low 72.60% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.60% | 72.60% | 72.60% | 73.20% |
| Public | 27.40% | 27.40% | 27.40% | 26.80% |
Charges & borrowings
Open charges
₹10.9 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101047122 | Others | ₹2.9 Cr | Open | |
| 25 Aug 2023 | 100788046 | Others | ₹8 Cr | Open | |
| 15 Jul 2016 | 100038751 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Innovana Thinklabs Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Innovana Thinklabs Limited has 10 deals on record (9 market trades, 1 ipo); the latest was in October 2022.
Total deals
10
Market trades
9
IPO
1
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Market trade | ₹4.94 Cr | Seller: Ansu Investment, Beeline Broking Limited |
| Aug 2022 | Market trade | ₹4.14 Cr | Buyer: Sambhavnath Investments and Finances Private Limited Seller: Goenka Business & Finance Ltd |
| Aug 2021 | Market trade | ₹99 Lakh | Buyer: Goenka Business & Finance Ltd |
| Aug 2021 | Market trade | ₹1.49 Cr | Buyer: Goenka Business & Finance Ltd |
| Jun 2020 | Market trade | ₹63.2 Lakh | Seller: Beeline Broking Limited |
To see the full deal history of Innovana Thinklabs Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovana Thinklabs Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governmentst | Disposed |
To see the full case history of Innovana Thinklabs Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Innovana Thinklabs Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Innovana Thinklabs Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Innovana Thinklabs has 6 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
6
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Innovana Infrastructure Limited | U72100RJ2020PLC068098 | |
| Innovana Techlabs Limited | U72900GJ2017PLC100237 | |
| Innovana Games Studio Limited | U72900RJ2020PLC069653 | |
| Innovana Fitness Labs Limited | U74999RJ2019PLC067526 | |
| I Solve Software Services Limited | U74999RJ2021PLC076947 | |
| Innovana Astro Services Limited | U93090RJ2020PLC069579 |
To see the full group structure of Innovana Thinklabs Limited, buy the company report.
GST
Innovana Thinklabs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICP0764H1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovana Thinklabs Limited, buy the company report.
Recent activity
Innovana Thinklabs Limited has 24 board changes on record since 2015: 15 appointments and 9 cessations. The latest: Hemant Koushik ceased to be Director on 05 Sep 2025.
Filing
Innovana Thinklabs Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
AGM
Innovana Thinklabs Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hemant Koushik ceased to be Director.
Appointed
Varun Kaul was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.90 Cr with Charge ID 101047122 was registered on 31 Jan 2025.
Appointed
Amritanshu Balani was appointed as Director.
Ceased
Arvind Kumar Sharma ceased to be Director.
Ceased
Narendra Kumar Garg ceased to be Director.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100788046 was registered on 25 Aug 2023.
Appointed
Arvind Kumar Sharma was appointed as Director.
Ceased
Deepak Jangid ceased to be Director.
Appointed
Hemant Koushik was appointed as Director.
19 earlier events are in the company report.
News
Frequently asked questions
Innovana Thinklabs is an active public limited company based in Jaipur, Rajasthan, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 April 2015 (11+ years old) and is registered under CIN L72900RJ2015PLC047363. Listed on BSE: 544302 and NSE: INNOVANA.
Innovana Thinklabs reported revenue of ₹132.31 Cr for FY 2025-26 (up 27.9% YoY) based on consolidated financials.
Innovana Thinklabs has 6 current directors:
- Chandan Garg - Managing Director
- Kapil Garg - Whole-Time Director
- Swaran Kanta - Director
- Riya Sharma - Director
- Varun Kaul - Director
- Amritanshu Balani - Director
The latest financial statements of Innovana Thinklabs on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Innovana Thinklabs is 08AAICP0764H1ZA, registered in Rajasthan.
The CIN (Corporate Identification Number) of Innovana Thinklabs is L72900RJ2015PLC047363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Innovana Thinklabs is a listed company as per MCA records. Its shares are listed on both BSE (code: 544302) and NSE (symbol: INNOVANA).
Innovana Thinklabs has 1 court case on record: 1 filed against it.
Innovana Thinklabs was incorporated on 13 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Jaipur.
Innovana Thinklabs has 10 deals on record (9 market trades, 1 ipo); the latest was in October 2022.
The peers of Innovana Thinklabs by revenue are Provigil Surveillance Limited, RZPX Private Limited, Tech Smcsquared (GCC) India Private Limited, Awc Software Private Limited, Stats Systems India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Hemant Koushik ceased to be Director on 05 Sep 2025. Varun Kaul was appointed as Director on 05 Sep 2025. Amritanshu Balani was appointed as Director on 11 Dec 2024. Innovana Thinklabs has 24 board changes on record in total.