Innovana Thinklabs Key Ratios
NSE: INNOVANA | BSE: 544302
₹306.75
As on 28-Aug-2026IST
Market cap
₹651 Cr
Revenue (TTM)
₹139 Cr
P/E Ratio
21.1
P/B Ratio
2.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 19.53 | 21.42 | 26.01 | 14.31 | 9.98 |
| EBIT | 968.95 | -65.89 | -49.36 | -11.13 | 16.44 |
| Net Profit | 91.00 | -56.58 | -34.34 | -2.76 | 13.85 |
| EPS | 90.96 | -56.92 | -34.65 | -2.91 | 15.98 |
| Book Value | -- | -- | 25.80 | 33.61 | 32.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 60.69 | 37.61 | 18.79 | 47.38 | 40.08 |
| Net Margin
| 48.59 | 32.93 | 16.36 | 36.55 | 35.96 |
| Return on equity
| 28.68 | 27.08 | 11.57 | 22.57 | 30.18 |
| Return on Capital
| 37.87 | 34.11 | -- | 31.14 | 38.68 |
| Return on Assets
| 19.56 | 15.98 | 7.80 | 16.56 | 21.01 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.03 | 0.05 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
31.14
|
38.68
|
33.64
|
34.82
|
|
Peer Median
|
--
|
22.05
|
29.68
|
--
|
27.49
|
ROE
11.57
Lower than Peers by 7.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
11.57
|
22.57
|
30.18
|
27.77
|
28.14
|
|
Peer Median
|
18.89
|
19.97
|
23.48
|
--
|
22.61
|
ROA
7.80
Lower than Peers by 4.40
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
7.80
|
16.56
|
21.01
|
16.08
|
14.27
|
|
Peer Median
|
12.20
|
11.62
|
13.53
|
--
|
16.11
|
EBIT Margin
18.79
Higher than Peers by 2.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
18.79
|
47.38
|
40.08
|
34.21
|
39.92
|
|
Peer Median
|
16.22
|
16.09
|
16.30
|
--
|
17.85
|
Net Margin
16.36
Higher than Peers by 3.31
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
16.36
|
36.55
|
35.96
|
31.82
|
34.67
|
|
Peer Median
|
13.05
|
12.79
|
13.87
|
--
|
15.31
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
47.14
|
45.53
|
39.60
|
41.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
26.01
Higher than Peers by 15.39
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
26.01
|
2.65
|
27.30
|
37.52
|
1.74
|
|
Peer Median
|
10.62
|
14.92
|
7.66
|
--
|
26.03
|
EBIT Growth
-49.36
Lower than Peers by 56.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
-49.36
|
21.33
|
49.14
|
17.86
|
53.42
|
|
Peer Median
|
7.60
|
7.18
|
7.59
|
--
|
12.02
|
Net Profit Growth
-34.34
Lower than Peers by 41.80
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
-34.34
|
0.45
|
51.19
|
27.64
|
38.04
|
|
Peer Median
|
7.46
|
1.14
|
11.84
|
--
|
18.29
|
EPS Growth
-34.65
Lower than Peers by 40.09
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
-34.65
|
7.77
|
52.25
|
29.41
|
31.00
|
|
Peer Median
|
5.44
|
0.58
|
8.05
|
--
|
12.79
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
25.80
|
46.86
|
29.11
|
29.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
0.03
|
0.05
|
0.01
|
0.04
|
|
Peer Median
|
--
|
0.00
|
0.01
|
--
|
0.00
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
0.03
|
0.05
|
0.01
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.38
Lower than Peers by 0.05
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
2.38
|
2.24
|
1.75
|
0.80
|
1.23
|
|
Peer Median
|
2.42
|
2.22
|
2.58
|
--
|
2.85
|
Quick Ratio
2.06
Lower than Peers by 0.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
2.06
|
1.87
|
1.36
|
0.62
|
1.11
|
|
Peer Median
|
2.42
|
2.30
|
2.69
|
--
|
2.79
|
Interest Coverage
7.40
Lower than Peers by 21.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
7.40
|
14.55
|
30.41
|
26.81
|
27.61
|
|
Peer Median
|
28.65
|
20.90
|
30.59
|
--
|
50.97
|
Operating Efficiency
Debtors to sales
31.43
Higher than Peers by 9.30
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
31.43
|
28.33
|
13.13
|
11.61
|
3.56
|
|
Peer Median
|
22.13
|
21.29
|
20.69
|
--
|
20.13
|
Asset Turnover
0.43
Lower than Peers by 0.45
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
0.43
|
0.41
|
0.51
|
0.46
|
0.38
|
|
Peer Median
|
0.88
|
0.95
|
0.96
|
--
|
1.07
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
75.03
|
40.60
|
25.91
|
7.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
50.18
|
43.68
|
39.71
|
44.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
486.63
|
318.05
|
467.81
|
811.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
-361.41
|
-233.77
|
-402.18
|
-760.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
21.12
Lower than Peers by 7.57
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
21.12
|
13.72
|
27.03
|
23.70
|
11.22
|
|
Peer Median
|
28.69
|
31.33
|
35.28
|
--
|
33.30
|
Price / Book Value
2.35
Lower than Peers by 3.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
2.35
|
2.95
|
6.78
|
5.73
|
5.41
|
|
Peer Median
|
5.60
|
5.07
|
6.21
|
--
|
7.11
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
--
|
--
|
--
|
0.08
|
0.33
|
|
Peer Median
|
0.68
|
0.39
|
0.25
|
--
|
0.88
|
EV/EBITDA
12.76
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
12.76
|
9.00
|
18.70
|
16.70
|
13.91
|
|
Peer Median
|
--
|
21.27
|
25.17
|
--
|
27.58
|
Market Cap
651
Lower than Peers by 13,748
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Innovana Thinklabs
|
651
|
606
|
1,107
|
638
|
466
|
|
Peer Median
|
14,399
|
10,363
|
10,709
|
--
|
33,214
|