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Innovana Thinklabs Overview

Innovana Thinklabs Ltd is an India-based business enterprise that is engaged in software and application development business. The Company designs, develops and continues software program systems and applications. The Company's software program and packages for Windows includes Ad-Blocker and Driver Updater. Its software and alertness for Mac includes AdBlock Pro, eSecure, Disk Cleanup Pro, File Helper, Duplicates Cleaner, Disk Reviver, Memory Optimizer Pro, History Fixer, Mac Space Reviver, Mac File Opener, Power Widget and Privacy Protector. ...Read More

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Innovana Thinklabs Key Financials

Market Cap ₹800 Cr.

Stock P/E 19.2

P/B 2.9

Current Price ₹387.5

Book Value ₹ 133.1

Face Value 10

52W High ₹648

Dividend Yield 0%

52W Low ₹ 315.3

Innovana Thinklabs Share Price

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Volume
Price

Innovana Thinklabs Quarterly Price

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Innovana Thinklabs Peer Comparison

Innovana Thinklabs Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 25 26 22 25 23 29 27 32 33 35
Other Income 4 4 4 3 5 1 2 3 4 3
Total Income 30 30 26 28 28 30 28 35 37 38
Total Expenditure 14 13 14 13 11 12 12 16 18 23
Operating Profit 16 17 12 15 17 18 17 19 19 16
Interest 0 1 1 1 1 1 1 1 1 2
Depreciation 1 1 1 1 2 2 2 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 14 15 10 13 14 15 14 16 15 11
Provision for Tax 3 4 1 4 4 3 3 3 3 3
Profit After Tax 11 11 9 10 10 11 11 12 12 8
Adjustments -0 -0 -0 1 1 1 1 1 1 2
Profit After Adjustments 11 11 9 10 11 12 11 13 13 10
Adjusted Earnings Per Share 5.4 5.5 4.2 5 5.3 5.7 5.6 6.3 6.2 4.6

Innovana Thinklabs Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 16 31 45 64 57 58 79 101 103 127
Other Income 0 0 1 3 4 4 7 14 10 12
Total Income 16 31 47 67 61 62 86 115 114 138
Total Expenditure 14 20 31 40 40 32 48 56 47 69
Operating Profit 1 11 16 27 20 30 38 59 67 71
Interest 0 0 0 0 0 1 1 2 4 5
Depreciation 0 0 1 1 1 3 4 4 7 9
Exceptional Income / Expenses 0 -0 0 0 0 0 0 0 0 0
Profit Before Tax 1 11 14 26 19 26 33 53 55 56
Provision for Tax 0 3 3 4 3 5 5 12 14 12
Profit After Tax 1 8 11 22 16 21 27 41 42 43
Adjustments 0 0 0 -1 0 -1 -0 -0 3 5
Profit After Adjustments 1 8 11 21 16 21 27 41 44 47
Adjusted Earnings Per Share 0.9 3.7 5.2 10.3 7.7 10.1 13.1 20 21.5 22.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 21% 10% 0%
Operating Profit CAGR 14% 31% 20% 0%
PAT CAGR 2% 26% 14% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 14% 7% 35% NA%
ROE Average 23% 27% 27% 40%
ROCE Average 31% 34% 34% 48%

Innovana Thinklabs Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 18 29 50 66 86 111 163 205
Minority's Interest 0 0 0 0 0 0 0 3 6
Borrowings 2 0 1 1 1 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 1 17 12 15 36
Total Current Liabilities 3 12 43 72 69 61 54 36 38
Total Liabilities 6 30 72 122 137 164 177 217 285
Fixed Assets 1 9 13 12 14 28 27 30 59
Other Non-Current Assets 4 2 28 48 44 61 107 124 142
Total Current Assets 2 19 31 63 79 75 43 64 85
Total Assets 6 30 72 122 137 164 177 217 285

Innovana Thinklabs Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 6 15 39 47 52 4 6
Cash Flow from Operating Activities 2 6 39 37 14 -4 3 0 35
Cash Flow from Investing Activities -4 -7 -30 -19 -8 -14 -46 -15 -19
Cash Flow from Financing Activities 2 7 0 6 2 23 -5 16 -10
Net Cash Inflow / Outflow -0 5 9 24 8 5 -48 1 6
Closing Cash & Cash Equivalent 1 6 15 39 47 52 4 6 12

Innovana Thinklabs Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.9 3.69 5.21 10.26 7.74 10.14 13.12 19.98 21.53
CEPS(Rs) 1.17 3.89 5.89 11.25 8.14 11.79 15.3 22.39 23.79
DPS(Rs) 0 0 0 0 0.63 0.75 0.25 0 0
Book NAV/Share(Rs) 1.87 8.9 14.16 24.33 32.41 42.01 54.25 79.66 100.22
Core EBITDA Margin(%) 7.95 35.55 31.23 37.65 28.47 44.61 39.21 44.52 54.3
EBIT Margin(%) 8.29 34.8 31.41 40.48 33.55 47.45 42.96 54.38 57.41
Pre Tax Margin(%) 7.47 34.53 31.09 40.37 33.32 45.73 41.36 52.59 53.46
PAT Margin (%) 4.64 24.56 23.64 33.83 27.48 37.28 34.6 41.09 40.21
Cash Profit Margin (%) 6.02 25.84 26.74 35.87 29.48 41.97 39.6 45.53 47.14
ROA(%) 11.53 41.26 20.8 22.36 11.98 14.27 16.08 21.01 16.56
ROE(%) 48.03 76.69 45.15 55.14 26.74 28.14 27.77 30.18 22.57
ROCE(%) 37.11 98.47 59.17 65.06 32.27 34.82 33.64 38.68 31.14
Receivable days 0 0.1 0.06 0 1.1 7.04 25.91 40.6 75.03
Inventory Days 0 0 0 0 42.81 44.03 39.71 43.68 50.18
Payable days 61.11 159.77 149.3 257.53 1214.87 811.56 467.81 318.05 486.63
PER(x) 0 12.78 14.79 3.56 6.37 22.44 23.7 27.03 13.72
Price/Book(x) 0 5.3 5.44 1.5 1.52 5.41 5.73 6.78 2.95
Dividend Yield(%) 0 0 0 0 1.27 0.33 0.08 0 0
EV/Net Sales(x) 0.09 2.94 3.17 0.56 0.97 7.25 8.01 11 5.79
EV/Core EBITDA(x) 0.95 7.93 9.19 1.32 2.73 13.91 16.7 18.7 9
Net Sales Growth(%) 0 98.81 46.41 42.47 -11.98 1.74 37.52 27.3 2.65
EBIT Growth(%) 0 735.04 32.11 83.64 -27.05 43.88 24.5 61.12 8.37
PAT Growth(%) 0 952.12 40.93 103.82 -28.51 38.04 27.64 51.19 0.45
EPS Growth(%) 0 310.58 40.93 97.09 -24.56 31 29.41 52.25 7.77
Debt/Equity(x) 1.31 0 0.02 0.01 0.01 0.04 0.01 0.05 0.03
Current Ratio(x) 0.7 1.55 0.72 0.87 1.15 1.23 0.8 1.75 2.24
Quick Ratio(x) 0.7 1.55 0.72 0.87 1.05 1.11 0.62 1.36 1.87
Interest Cover(x) 10.17 127.98 99.08 375.02 144.38 27.61 26.81 30.41 14.55
Total Debt/Mcap(x) 0 0 0 0.01 0.01 0.01 0 0.01 0.01

Innovana Thinklabs Shareholding Pattern

# Mar 2023 Sep 2023 Mar 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.19 73.23 73.23 73.23 73.23 73.23 73.23 73.22 72.65 72.65
FII 0.06 0.13 0.14 0.33 0.14 0.37 0.65 0.84 1.11 1.18
DII 0 0 0 0 0 0.17 0.5 0.82 1.09 1.09
Public 26.75 26.64 26.63 26.43 26.63 26.22 25.61 25.12 25.15 25.08
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Innovana Thinklabs News

Innovana Thinklabs Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 27%
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Debtor days have increased from 318.05 to 486.63days.
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