- #1,233 Manoj Lohariwala ₹1,900 Cr
- #1,427 Vinay Kumar Lohariwala ₹1,500 Cr

About Innova Captab Limited
Data last updated:
Innova Captab Limited is a public limited company based in Thane, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 03 January 2005 and has been in existence for over 21 years.
Its director Manoj Lohariwala is #1,233 among India's richest people (2026). Its director Vinay Kumar Lohariwala is #1,427 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24246MH2005PLC150371. Its GSTIN is 27AABCH5082R1ZZ (Maharashtra). The company holds 8 GST registrations, of which 6 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544067 and NSE: INNOVACAP.
The company has an authorised share capital of ₹66 Cr and a paid-up capital of ₹57.22 Cr. It was formerly known as Innova Captab Private Limited and Harun Health Care Private Limited. It is led by directors including Vinay Lohariwala (Managing Director) and Jayant Vasudeo Rao (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Thane, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,630.02 Cr, a growth of 31.1% compared to the previous year. For the same year it recorded a net profit of ₹140.35 Cr (net margin 8.6%) and EBITDA of ₹242.92 Cr (EBITDA margin 14.9%). The net worth stands at ₹1,090.8 Cr (up 13.7% YoY). Total assets are valued at ₹1,446.4 Cr (up 10.6% YoY).
The company has about 1,246 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Innova Captab. As per MCA filings, the company has open charges of ₹505.32 Cr and satisfied charges of ₹158.4 Cr on record. Court records list 71 cases involving the company, including 36 filed by the company and 35 filed against it; 13 cases are pending. The company has 14 deals on record (5 secondary share transfers, 4 market trades, 4 funding rounds), with disclosed funding of ₹91.9 Cr; the latest was in January 2024. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 5 smaller; the largest is Par Formulations Private Limited with revenue of ₹1,462.09 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 1,628 overdue payments to 82 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovacaptab.com.
Company details
Name history
Innova Captab has undergone 2 name changes throughout its history. The company was previously known as Innova Captab Private Limited, and Harun Health Care Private Limited. The current legal name is Innova Captab Limited.
| Company Name | Status |
|---|---|
| Innova Captab Limited | Current |
| Innova Captab Private Limited | Previous |
| Harun Health Care Private Limited | Previous |
CIN history
Innova Captab has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24246MH2005PLC150371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24246MH2005PLC150371 | Current |
| U24246MH2005PTC150371 | Previous |
| U24246MH2005PLC150371 | Previous |
Recognitions & Rankings of Innova Captab
Contact details
Innova Captab Limited's registered office is in Thane, Maharashtra. Its website is innovacaptab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1513 15th Floor Satra Plaza Chs Ltd., Plot No. 19 & 20 Sector – 19D Vashi Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
To see the full contact details of Innova Captab Limited, buy the company report.
- 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
Brands
Innova Captab operates one associated brand: Innova Captab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical formulations are manufactured by Innova Captab as a CDMO. | innovacaptab.com |
Business activity
The main business activity of Innova Captab is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Innova Captab Limited, buy the company report.
Financials of Innova Captab Limited
FY 2025-26 filings availableInnova Captab Limited reported revenue of ₹1,630.02 Cr (up 31.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 1,630 | 1,244 | 1,081 | 926 | 801 | 411 | 373 |
| Revenue growth | +31.1% | +15.0% | +16.7% | +15.7% | +94.9% | +10.0% | - |
| EBITDA | 243 | 186 | 154 | 114 | 96.02 | 54.48 | 50.93 |
| EBITDA margin | +14.9% | +15.0% | +14.3% | +12.3% | +12.0% | +13.3% | +13.6% |
| Profit before tax | 188 | 171 | 130 | 91.79 | 85.72 | 46.33 | 37.52 |
| Net profit | 140 | 128 | 94.32 | 66.28 | 63.96 | 34.37 | 27.87 |
| Net profit margin | +8.6% | +10.3% | +8.7% | +7.2% | +8.0% | +8.4% | +7.5% |
| EPS (₹) | 24.63 | 22.41 | 16.49 | 14.16 | 532.94 | 287.50 | 232.38 |
| Balance sheet | |||||||
| Total assets | 1,446 | 1,307 | 1,085 | 524 | 410 | 192 | 165 |
| Net worth | 1,091 | 959 | 831 | 323 | 209 | 145 | 110 |
| Total debt | 344 | 338 | 245 | 190 | 199 | 45.50 | 54.07 |
| Cash & bank | 3.87 | 68.17 | 86.75 | 18.88 | 2.44 | 11.89 | 5.18 |
| Net working capital | 515 | 436 | 349 | 266 | 216 | 94.45 | 92.77 |
| Cash flow | |||||||
| Cash from operations | 117 | 63.84 | 146 | 67.12 | 58.90 | 41.57 | 30.80 |
| Cash from investing | (107) | (152) | (499) | (90.84) | (188) | (19.67) | (6.04) |
| Cash from financing | (21.72) | 91.53 | 361 | 27.09 | 125 | (19.34) | (23.28) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 471 | 448 | 450 | 380 | 352 | 315 | 316 | 318 |
| Revenue growth (YoY) | +33.9% | +42.3% | +42.3% | +19.5% | +19.5% | - | - | - |
| Other income | 2.01 | 1.56 | 1.65 | 4.19 | 4.48 | 3.38 | 4.33 | 2.22 |
| EBITDA | 73.12 | 65.09 | 69.39 | 51.86 | 52.10 | 47.68 | 46.56 | 49.73 |
| EBITDA margin | +15.5% | +14.5% | +15.4% | +13.6% | +14.8% | +15.1% | +14.7% | +15.6% |
| Depreciation | 11.71 | 11.39 | 11.42 | 11.32 | 11.05 | 9.80 | 5.13 | 4.99 |
| Interest | 4.43 | 4.59 | 3.95 | 5.50 | 2.86 | 1.95 | 0.17 | 0.15 |
| Profit before tax | 58.99 | 50.67 | 55.67 | 39.23 | 42.67 | 39.31 | 45.59 | 46.81 |
| Tax | 14.86 | 12.59 | 13.53 | 9.57 | 11.67 | 9.74 | 11.39 | 11.81 |
| Net profit | 44.13 | 38.08 | 42.14 | 29.66 | 31.00 | 29.57 | 34.20 | 35.00 |
| EPS (₹) | 7.71 | 6.65 | 7.37 | 5.18 | 5.42 | 5.17 | 5.97 | 6.12 |
| 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 | 1,299 | 958 | 865 | 859 | 785 | 411 | 373 |
| Revenue growth | +35.6% | +10.8% | +0.7% | +9.3% | +91.3% | +10.0% | - |
| EBITDA | 151 | 122 | 108 | 98.52 | 98.51 | 54.48 | 50.93 |
| EBITDA margin | +11.7% | +12.8% | +12.5% | +11.5% | +12.5% | +13.3% | +13.6% |
| Profit before tax | 112 | 120 | 93.70 | 78.29 | 88.64 | 46.33 | 37.52 |
| Net profit | 83.67 | 89.52 | 69.55 | 55.88 | 66.19 | 34.37 | 27.87 |
| Net profit margin | +6.4% | +9.3% | +8.0% | +6.5% | +8.4% | +8.4% | +7.5% |
| EPS (₹) | 14.63 | 15.63 | 11.91 | 11.99 | 55.15 | 287.50 | 232.38 |
| Balance sheet | |||||||
| Total assets | 1,215 | 1,146 | 970 | 516 | 390 | 192 | 165 |
| Net worth | 887 | 813 | 724 | 315 | 211 | 145 | 110 |
| Total debt | 321 | 329 | 244 | 190 | 176 | 45.03 | 54.07 |
| Cash & bank | 1.99 | 67.89 | 86.35 | 14.99 | 2.19 | 11.89 | 5.18 |
| Net working capital | 400 | 323 | 258 | 220 | 160 | 94.34 | 92.77 |
| Cash flow | |||||||
| Cash from operations | 34.11 | 19.80 | 112 | 39.28 | 58.34 | 41.57 | 30.80 |
| Cash from investing | (14.06) | (99.75) | (472) | (87.53) | (188) | (19.67) | (6.04) |
| Cash from financing | (33.99) | 83.86 | 368 | 51.29 | 125 | (19.33) | (23.28) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 400 | 358 | 364 | 290 | 287 | 243 | 249 | 240 |
| Revenue growth (YoY) | +39.6% | +47.7% | +46.4% | +20.7% | +26.5% | - | - | - |
| Other income | 2.70 | 2.68 | 3.21 | 4.63 | 4.32 | 4.36 | 3.49 | 4.28 |
| Total expenses | 346 | 320 | 317 | 261 | 252 | 214 | 216 | 207 |
| EBITDA | 54.05 | 38.64 | 47.00 | 29.32 | 34.82 | 28.18 | 32.50 | 33.18 |
| EBITDA margin | +13.5% | +10.8% | +12.9% | +10.1% | +12.1% | +11.6% | +13.1% | +13.8% |
| Depreciation | 9.68 | 9.40 | 9.41 | 9.48 | 9.08 | 7.81 | 3.08 | 3.07 |
| Interest | 4.03 | 3.98 | 3.47 | 5.21 | 2.77 | 1.87 | 0.13 | 0.08 |
| Profit before tax | 43.04 | 27.94 | 37.33 | 19.26 | 27.29 | 22.86 | 32.78 | 34.31 |
| Tax | 10.97 | 6.78 | 9.43 | 4.93 | 7.00 | 5.73 | 8.37 | 8.71 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 471 | 448 | 450 | 380 | 352 | 315 | 316 | 318 |
| Revenue growth (YoY) | +33.9% | +42.3% | +42.3% | +19.5% | +19.5% | - | - | - |
| Other income | 2.01 | 1.56 | 1.65 | 4.19 | 4.48 | 3.38 | 4.33 | 2.22 |
| EBITDA | 73.12 | 65.09 | 69.39 | 51.86 | 52.10 | 47.68 | 46.56 | 49.73 |
| EBITDA margin | +15.5% | +14.5% | +15.4% | +13.6% | +14.8% | +15.1% | +14.7% | +15.6% |
| Depreciation | 11.71 | 11.39 | 11.42 | 11.32 | 11.05 | 9.80 | 5.13 | 4.99 |
| Interest | 4.43 | 4.59 | 3.95 | 5.50 | 2.86 | 1.95 | 0.17 | 0.15 |
| Profit before tax | 58.99 | 50.67 | 55.67 | 39.23 | 42.67 | 39.31 | 45.59 | 46.81 |
| Tax | 14.86 | 12.59 | 13.53 | 9.57 | 11.67 | 9.74 | 11.39 | 11.81 |
| Net profit | 44.13 | 38.08 | 42.14 | 29.66 | 31.00 | 29.57 | 34.20 | 35.00 |
| EPS (₹) | 7.71 | 6.65 | 7.37 | 5.18 | 5.42 | 5.17 | 5.97 | 6.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,630 | 1,244 | 1,081 | 926 | 801 | 411 | 373 |
| Revenue growth | +31.1% | +15.0% | +16.7% | +15.7% | +94.9% | +10.0% | - |
| Other income | 7.42 | 12.05 | 12.49 | 9.20 | 2.88 | 1.37 | 1.30 |
| Total expenses | 1,387 | 1,058 | 927 | 813 | 705 | 356 | 322 |
| Employee cost | 167 | 117 | 90.66 | 54.80 | 40.46 | 22.33 | 20.24 |
| EBITDA | 243 | 186 | 154 | 114 | 96.02 | 54.48 | 50.93 |
| EBITDA margin | +14.9% | +15.0% | +14.3% | +12.3% | +12.0% | +13.3% | +13.6% |
| Depreciation | 45.18 | 24.78 | 15.96 | 11.08 | 7.50 | 5.59 | 10.08 |
| Interest | 16.90 | 2.41 | 21.46 | 19.97 | 5.68 | 3.93 | 4.63 |
| Profit before tax | 188 | 171 | 130 | 91.79 | 85.72 | 46.33 | 37.52 |
| Tax | 47.35 | 42.76 | 35.18 | 23.84 | 21.77 | 11.85 | 9.65 |
| Net profit | 140 | 128 | 94.32 | 66.28 | 63.96 | 34.37 | 27.87 |
| Net profit margin | +8.6% | +10.3% | +8.7% | +7.2% | +8.0% | +8.4% | +7.5% |
| EPS (₹) | 24.63 | 22.41 | 16.49 | 14.16 | 532.94 | 287.50 | 232.38 |
| 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 | 57.23 | 57.23 | 57.23 | 94.85 | 12.00 | 12.00 | 12.00 |
| Reserves & surplus | 1,034 | 902 | 774 | 229 | 197 | 133 | 98.35 |
| Shareholders' funds (net worth) | 1,091 | 959 | 831 | 323 | 209 | 145 | 110 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 342 | 335 | 241 | 163 | 149 | 37.94 | 42.76 |
| Unsecured loans | 1.96 | 2.94 | 4.05 | 27.26 | 50.05 | 7.56 | 11.31 |
| Total debt | 344 | 338 | 245 | 190 | 199 | 45.50 | 54.07 |
| Total liabilities | 1,446 | 1,307 | 1,085 | 524 | 410 | 192 | 165 |
| Assets | |||||||
| Gross block | 956 | 901 | 406 | 216 | 205 | 107 | 94.26 |
| Net block | 842 | 830 | 358 | 183 | 183 | 79.14 | 73.16 |
| Capital work in progress | 15.50 | 22.52 | 341 | 21.54 | 0.03 | 7.26 | 0.00 |
| Investments | 41.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 283 | 208 | 144 | 117 | 128 | 91.45 | 65.49 |
| Sundry debtors | 437 | 332 | 288 | 265 | 213 | 139 | 86.77 |
| Cash & bank balances | 3.87 | 68.17 | 86.75 | 18.88 | 2.44 | 11.89 | 5.18 |
| Loans & advances | 157 | 87.88 | 60.50 | 41.06 | 35.54 | 28.57 | 13.63 |
| Total current assets | 882 | 696 | 580 | 442 | 379 | 270 | 171 |
| Total current liabilities | 367 | 260 | 231 | 176 | 163 | 176 | 78.30 |
| Net working capital | 515 | 436 | 349 | 266 | 216 | 94.45 | 92.77 |
| Total assets | 1,446 | 1,307 | 1,085 | 524 | 410 | 192 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.52 | 11.73 | 3.53 | 0.15 | 4.80 | 2.24 | 0.75 |
| Net cash from operating activities | 117 | 63.84 | 146 | 67.12 | 58.90 | 41.57 | 30.80 |
| Net cash from investing activities | (107) | (152) | (499) | (90.84) | (188) | (19.67) | (6.04) |
| Net cash from financing activities | (21.72) | 91.53 | 361 | 27.09 | 125 | (19.34) | (23.28) |
| Net change in cash | (12.32) | 3.79 | 8.20 | 3.37 | (4.64) | 2.56 | 1.48 |
| Closing cash | 3.87 | 68.17 | 86.75 | 18.88 | 2.44 | 11.89 | 5.18 |
| 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 | +31.1% | +15.0% | +16.7% | +15.7% | +94.9% | +10.0% | - |
| EBITDA growth | +30.5% | +20.5% | +35.9% | +18.4% | +76.3% | +7.0% | - |
| PBT growth | +10.1% | +32.0% | +41.1% | +7.1% | +85.0% | +23.5% | +51.6% |
| Net income growth | +9.3% | +36.1% | +42.3% | +3.6% | +86.1% | +23.3% | - |
| Revenue CAGR (3Y) | +20.7% | +15.8% | +38.1% | +35.4% | +31.0% | - | - |
| EBITDA CAGR (3Y) | +28.8% | +24.7% | +41.5% | +30.7% | +33.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +8.6% | +10.3% | +8.7% | +7.3% | +8.0% | +8.4% | +7.5% |
| Return on capital employed | +14.9% | +14.5% | +18.8% | +23.9% | +30.4% | +28.2% | +26.3% |
| Return on net worth | +13.8% | +14.3% | +17.0% | +28.0% | +36.2% | +27.0% | +28.9% |
| Debt / equity | 0.33 | 0.33 | 0.38 | 0.73 | 0.69 | 0.39 | 0.65 |
| Long-term debt / equity | 0.22 | 0.25 | 0.26 | 0.29 | 0.21 | 0.07 | 0.20 |
| Interest cover | 8.55 | 1.49 | 15.50 | 19.47 | 6.42 | 8.04 | 11.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.76 | 1.90 | 3.47 | 4.39 | 5.13 | 4.09 | 4.06 |
| Inventory turnover | 6.64 | 7.07 | 8.28 | 7.54 | 7.28 | 5.23 | 7.16 |
| Debtors turnover | 4.24 | 4.01 | 3.91 | 3.88 | 4.56 | 3.65 | 4.20 |
| EPS (₹) | 24.63 | 22.41 | 16.49 | 14.16 | 532.94 | 287.50 | 232.38 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 190.61 | 167.66 | 145.20 | 57.61 | 1,738.38 | 1,206.84 | 919.62 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 400 | 358 | 364 | 290 | 287 | 243 | 249 | 240 |
| Revenue growth (YoY) | +39.6% | +47.7% | +46.4% | +20.7% | +26.5% | - | - | - |
| Other income | 2.70 | 2.68 | 3.21 | 4.63 | 4.32 | 4.36 | 3.49 | 4.28 |
| Total expenses | 346 | 320 | 317 | 261 | 252 | 214 | 216 | 207 |
| EBITDA | 54.05 | 38.64 | 47.00 | 29.32 | 34.82 | 28.18 | 32.50 | 33.18 |
| EBITDA margin | +13.5% | +10.8% | +12.9% | +10.1% | +12.1% | +11.6% | +13.1% | +13.8% |
| Depreciation | 9.68 | 9.40 | 9.41 | 9.48 | 9.08 | 7.81 | 3.08 | 3.07 |
| Interest | 4.03 | 3.98 | 3.47 | 5.21 | 2.77 | 1.87 | 0.13 | 0.08 |
| Profit before tax | 43.04 | 27.94 | 37.33 | 19.26 | 27.29 | 22.86 | 32.78 | 34.31 |
| Tax | 10.97 | 6.78 | 9.43 | 4.93 | 7.00 | 5.73 | 8.37 | 8.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,299 | 958 | 865 | 859 | 785 | 411 | 373 |
| Revenue growth | +35.6% | +10.8% | +0.7% | +9.3% | +91.3% | +10.0% | - |
| Other income | 13.24 | 16.78 | 10.72 | 8.73 | 2.86 | 1.37 | 1.30 |
| Total expenses | 1,147 | 836 | 757 | 760 | 687 | 356 | 322 |
| Employee cost | 111 | 62.74 | 50.11 | 43.60 | 36.30 | 22.22 | 20.24 |
| EBITDA | 151 | 122 | 108 | 98.52 | 98.51 | 54.48 | 50.93 |
| EBITDA margin | +11.7% | +12.8% | +12.5% | +11.5% | +12.5% | +13.3% | +13.6% |
| Depreciation | 37.37 | 17.02 | 11.40 | 10.66 | 7.40 | 5.59 | 10.08 |
| Interest | 15.42 | 2.17 | 13.59 | 18.30 | 5.33 | 3.93 | 4.63 |
| Profit before tax | 112 | 120 | 93.70 | 78.29 | 88.64 | 46.33 | 37.52 |
| Tax | 28.14 | 30.42 | 25.53 | 20.75 | 22.46 | 11.85 | 9.65 |
| Net profit | 83.67 | 89.52 | 69.55 | 55.88 | 66.19 | 34.37 | 27.87 |
| Net profit margin | +6.4% | +9.3% | +8.0% | +6.5% | +8.4% | +8.4% | +7.5% |
| EPS (₹) | 14.63 | 15.63 | 11.91 | 11.99 | 55.15 | 287.50 | 232.38 |
| 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 | 57.23 | 57.23 | 57.23 | 94.85 | 12.00 | 12.00 | 12.00 |
| Reserves & surplus | 829 | 756 | 666 | 220 | 199 | 133 | 98.35 |
| Shareholders' funds (net worth) | 887 | 813 | 724 | 315 | 211 | 145 | 110 |
| Secured loans | 319 | 326 | 240 | 163 | 139 | 37.94 | 42.76 |
| Unsecured loans | 1.95 | 2.91 | 3.86 | 27.07 | 36.99 | 7.09 | 11.31 |
| Total debt | 321 | 329 | 244 | 190 | 176 | 45.03 | 54.07 |
| Total liabilities | 1,215 | 1,146 | 970 | 516 | 390 | 192 | 165 |
| Assets | |||||||
| Gross block | 745 | 698 | 208 | 195 | 185 | 94.93 | 83.23 |
| Net block | 648 | 637 | 164 | 161 | 161 | 79.14 | 73.15 |
| Capital work in progress | 15.27 | 21.02 | 339 | 21.54 | 0.03 | 7.26 | 0.00 |
| Investments | 101 | 60.00 | 60.00 | 60.00 | 60.00 | 0.00 | 0.00 |
| Inventories | 204 | 140 | 93.99 | 97.27 | 105 | 91.45 | 65.49 |
| Sundry debtors | 330 | 249 | 217 | 230 | 174 | 139 | 86.77 |
| Cash & bank balances | 1.99 | 67.89 | 86.35 | 14.99 | 2.19 | 11.89 | 5.18 |
| Loans & advances | 172 | 72.37 | 39.70 | 36.45 | 31.95 | 28.57 | 13.63 |
| Total current assets | 709 | 529 | 437 | 378 | 313 | 270 | 171 |
| Total current liabilities | 309 | 206 | 180 | 158 | 153 | 176 | 78.30 |
| Net working capital | 400 | 323 | 258 | 220 | 160 | 94.34 | 92.77 |
| Total assets | 1,215 | 1,146 | 970 | 516 | 390 | 192 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.31 | 11.39 | 3.14 | 0.10 | 4.80 | 2.23 | 0.75 |
| Net cash from operating activities | 34.11 | 19.80 | 112 | 39.28 | 58.34 | 41.57 | 30.80 |
| Net cash from investing activities | (14.06) | (99.75) | (472) | (87.53) | (188) | (19.67) | (6.04) |
| Net cash from financing activities | (33.99) | 83.86 | 368 | 51.29 | 125 | (19.33) | (23.28) |
| Net change in cash | (13.94) | 3.92 | 8.25 | 3.03 | (4.69) | 2.56 | 1.48 |
| Closing cash | 1.99 | 67.89 | 86.35 | 14.99 | 2.19 | 11.89 | 5.18 |
| 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 | +35.6% | +10.8% | +0.7% | +9.3% | +91.3% | +10.0% | - |
| EBITDA growth | +23.8% | +13.3% | +9.6% | +0.0% | +80.8% | +7.0% | - |
| PBT growth | -6.7% | +27.9% | +19.7% | -11.7% | +91.3% | +23.5% | +9997.0% |
| Net income growth | -6.5% | +28.7% | +24.5% | -15.6% | +92.6% | +23.3% | - |
| Revenue CAGR (3Y) | +14.8% | +6.9% | +28.2% | +32.0% | - | - | - |
| EBITDA CAGR (3Y) | +15.4% | +7.5% | +25.6% | +24.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.4% | +9.3% | +7.9% | +6.7% | +8.4% | +8.4% | +7.5% |
| Return on capital employed | +10.8% | +11.5% | +14.4% | +21.3% | +32.3% | +28.2% | +25.5% |
| Return on net worth | +9.9% | +11.6% | +13.7% | +24.0% | +37.2% | +27.0% | +25.3% |
| Debt / equity | 0.38 | 0.37 | 0.42 | 0.70 | 0.62 | 0.39 | 0.49 |
| Long-term debt / equity | 0.27 | 0.30 | 0.29 | 0.30 | 0.21 | 0.07 | 0.11 |
| Interest cover | 13.53 | 2.06 | 14.07 | 20.83 | 5.85 | 8.04 | 11.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.80 | 2.11 | 4.29 | 4.52 | 5.61 | 4.61 | 4.49 |
| Inventory turnover | 7.55 | 8.19 | 9.04 | 8.48 | 7.98 | 5.23 | 5.70 |
| Debtors turnover | 4.49 | 4.11 | 3.87 | 4.26 | 5.03 | 3.65 | 4.30 |
| EPS (₹) | 14.63 | 15.63 | 11.91 | 11.99 | 55.15 | 287.50 | 232.38 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 154.94 | 142.06 | 126.47 | 55.90 | 175.69 | 1,206.84 | 919.62 |
To see the full year-wise statements and ratios of Innova Captab Limited, buy the company report.
Board of directors of Innova Captab Limited
Innova Captab has 8 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Vasudeo Rao Also directs: Sharon Bio-Medicine Limited | Whole-Time Director | 22 Nov 2017 | 8 Years 11 Months | Current |
| Shirish Gundopant Belapure Also directs: Bellapure Onco Phytoceuticals LLP, Jubilant Pharmova Limited, Corona Remedies Limited and 3 more | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Sudhir Kumar Bassi Also directs: Saatvik Green Energy Limited | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Priyanka Dixit Also directs: Zuron Fin-Tech Private Limited, Jivfin Ventures Private Limited | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Archit Aggarwal Also directs: Innoventis Medicare Limited, Archit Infrastructure and Developers LLP, Vga Enterprises LLP and 5 more | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Manoj Kumar Lohariwala | Whole-Time Director | 03 Jun 2009 | 17 Years 4 Months | Current |
Peer comparison
Innova Captab Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innova Captab Limitedthis company | ₹1,630.02 Cr (FY 2026) | ₹140.35 Cr | 8.6% | 31.1% | 1,246 | Thane, Maharashtra, India |
| Par Formulations Private Limited | ₹1,462.09 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Encube Ethicals Private Limited | ₹1,369 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Sentiss Pharma Private Limited | ₹1,262.74 Cr (FY 2025) | 43.0% | New Delhi, Delhi, India | |||
| Cipla Health Limited | ₹1,228.87 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Neon Laboratories Limited | ₹1,222.81 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Corona Remedies Limited | ₹1,202.35 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Hetero Healthcare Limited | ₹1,189.8 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| BDR Pharmaceuticals International Private Limited | ₹1,137.31 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Innova Captab Limited, buy the company report.
Auditor
Innova Captab Limited is audited by B S R AND Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R AND Co. LLP | FY 2025 | 101248W/ W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 50.90%, foreign institutional investors hold 0.30%, domestic institutional investors hold 20.00% and retail and other public shareholders hold 28.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 50.90% | 50.90% | 50.90% | 50.90% |
| Public | 49.10% | 49.10% | 49.10% | 49.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2025 | 101135336 | Hdfc Bank Limited | ₹52.32 Cr | Open | |
| 29 Sep 2022 | 100621143 | Hdfc Bank Limited | ₹150 Cr | Open | |
| 29 Sep 2022 | 100621145 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 31 Aug 2017 | 100123200 | Yes Bank Limited | ₹48 Cr | Open | |
| 01 Nov 2011 | 10320494 | State Bank of India | ₹235 Cr | Open |
To see the full charge records of Innova Captab Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Innova Captab Limited has 14 deals on record (5 secondary share transfers, 4 market trades, 4 funding rounds), with disclosed funding of ₹91.9 Cr; the latest was in January 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹19.58 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹25.1 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2023 | Market trade | ₹19.3 Cr | Buyer: Mansi Share and Stock Broking Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Dec 2023 | Market trade | ₹179.08 Cr | Buyer: Mansi Share And Stock Advisors Pvt Ltd, Canara Robeco Mutual Fund, Invesco Mutual Fund Seller: Mansi Share And Stock Advisors Pvt Ltd, Musigma Securities, Goldmine Stocks Pvt Ltd |
| Dec 2023 | IPO | ₹570 Cr | Investors: IPO Shareholders - Innova Captab Limited, Sbi Life Insurance Ltd, 360 ONE (IIFL Asset Management) Seller: 3 individuals |
To see the full deal history of Innova Captab 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
Innova Captab Limited has 71 court cases on record: 36 filed by Innova Captab, 35 filed against it. 13 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 17 | 8 |
| High courts | 26 | 12 | 5 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against M/S Univentis Medicare Ltd. and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Medical Services Corporation Limited and 4 others | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Aristo Pharmaceuticals Private Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Linux Laboratories Private Limited | Disposed |
| Madras High Court | Appeal | Filed against the company by Linux Laboratories Private Limited | Disposed |
To see the full case history of Innova Captab 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.
Credit ratings & regulatory alerts
Innova Captab Limited was last rated by Care on 17 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Apr 2026 |
To see the full credit ratings and regulatory alerts of Innova Captab Limited, buy the company report.
MSME payment delays
Innova Captab Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 1,628 overdue payments to 82 micro and small suppliers. 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 (5 of 82)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shreenath Chemicals | |||
| Shako Plastick | |||
| Mehta Vet Chem | |||
| Micromeg Enterprises Private Limited | |||
| Jayanti Polymer |
To see the full MSME payment records of Innova Captab Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Innova Captab has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sharon Bio Medicine Limited | U24110MH1989PLC052251 | |
| Univentis Medicare Limited | U24232MH2015PLC402722 |
To see the full group structure of Innova Captab Limited, buy the company report.
Employees & EPFO
Innova Captab Limited has a workforce of 1,246 employees on its EPFO records as of Jan 09, 2026, across 2 active EPFO establishments.
GST
Innova Captab has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5082R1ZZ | Maharashtra | Active | 25 Oct 2023 |
| 02AABCH5082R2ZA | Himachal Pradesh | Active | 01 Jul 2017 |
| 01AABCH5082R1ZD | Jammu and Kashmir | Active | 24 Mar 2022 |
| 06AABCH5082R1Z3 | Haryana | Active | 01 Jul 2022 |
To see the full GST registrations and return filing status of Innova Captab Limited, buy the company report.
Recent activity
Innova Captab Limited has 26 board changes on record since 2009: 8 appointments and 18 cessations. The latest: Gaurav Srivastava ceased to be CFO on 29 Mar 2024.
54 earlier events are in the company report.
News
Frequently asked questions
Innova Captab is an active public limited company based in Thane, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 03 January 2005 (21+ years old) and is registered under CIN L24246MH2005PLC150371. Listed on BSE: 544067 and NSE: INNOVACAP.
Innova Captab reported revenue of ₹1,630.02 Cr for FY 2025-26 (up 31.1% YoY) based on consolidated financials.
Innova Captab has 8 current directors:
- Vinay Lohariwala - Managing Director
- Jayant Vasudeo Rao - Whole-Time Director
- Manoj Kumar Lohariwala - Whole-Time Director
- Shirish Gundopant Belapure - Director
- Sudhir Kumar Bassi - Director
- Priyanka Dixit - Director
- Archit Aggarwal - Director
- Mahendar Korthiwada - Director
The latest financial statements of Innova Captab on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innova Captab is 27AABCH5082R1ZZ, registered in Maharashtra. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 02AABCH5082R2ZA (Himachal Pradesh), 01AABCH5082R1ZD (Jammu and Kashmir), 06AABCH5082R1Z3 (Haryana).
The CIN (Corporate Identification Number) of Innova Captab is L24246MH2005PLC150371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Innova Captab is a listed company as per MCA records. Its shares are listed on both BSE (code: 544067) and NSE (symbol: INNOVACAP).
Innova Captab has 71 court cases on record: 36 filed by the company and 35 filed against it. 13 are pending. Most are in the district courts.
Innova Captab was incorporated on 03 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Innova Captab has 14 deals on record (5 secondary share transfers, 4 market trades, 4 funding rounds), with disclosed funding of ₹91.9 Cr; the latest was in January 2024.
The peers of Innova Captab by revenue are Par Formulations Private Limited, Encube Ethicals Private Limited, Sentiss Pharma Private Limited, Cipla Health Limited, Neon Laboratories Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Gaurav Srivastava ceased to be CFO on 29 Mar 2024. Rishi Gupta ceased to be CFO on 26 Apr 2023. Archit Aggarwal ceased to be Additional Director on 04 Apr 2022. Innova Captab has 26 board changes on record in total.

