Innovana Thinklabs Ltd

Innovana Think. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Innovana Thinklabs Ltd

₹ 422 -3.15%
24 Dec - close price
innovanathinklabs.com BSE: 544302 NSE: INNOVANA
About

Incorporated in 2015, Innovana Thinklabs Ltd is in the business of Software development[1]

Key Points

Business Overview:[1][2]
ITL is a CMMI Level 3 and ISO certified software application
development and digital marketing company. It has a portfolio of software products and mobile applications viz. advanced Anti-Virus software, utility applications, apps, web extensions for browser security. Currently, it has 100+ products & tools with 1.5 million downloads and nearly 10 million unique visitors every month. Its products have been registered in over 126 countries in 13 different languages

Website BSE NSE
  • Market Cap ₹ 866 Cr.
  • Current Price ₹ 422
  • High / Low ₹ 738 / 380
  • Stock P/E 30.6
  • Book Value ₹ 58.2
  • Dividend Yield 0.00 %
  • ROCE 42.8 %
  • ROE 33.9 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 29.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%

Cons

  • Stock is trading at 7.25 times its book value
  • The company has delivered a poor sales growth of 3.52% over past five years.
  • Earnings include an other income of Rs.11.7 Cr.
  • Working capital days have increased from 91.1 days to 232 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
9.05 10.38 11.36 11.14 16.62 14.02 12.17 5.70 12.69 8.69
4.55 5.70 5.81 6.20 4.30 5.52 3.91 3.28 2.53 2.31
Operating Profit 4.50 4.68 5.55 4.94 12.32 8.50 8.26 2.42 10.16 6.38
OPM % 49.72% 45.09% 48.86% 44.34% 74.13% 60.63% 67.87% 42.46% 80.06% 73.42%
1.39 1.36 0.74 1.64 1.11 3.21 3.12 2.87 1.83 3.89
Interest 0.10 0.11 0.11 0.09 0.16 0.08 0.10 0.12 0.18 0.21
Depreciation 0.26 0.25 0.26 0.26 0.24 0.25 0.23 0.35 0.19 0.20
Profit before tax 5.53 5.68 5.92 6.23 13.03 11.38 11.05 4.82 11.62 9.86
Tax % 24.23% 26.41% 28.89% 22.79% 26.02% 25.75% 23.71% 21.37% 24.53% 25.56%
4.18 4.17 4.21 4.81 9.64 8.45 8.43 3.80 8.77 7.34
EPS in Rs 2.04 2.03 2.05 2.35 4.70 4.12 4.11 1.85 4.28 3.58
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
7 16 31 41 41 34 30 42 49 39
6 14 20 29 26 25 18 22 17 12
Operating Profit 1 1 11 12 15 9 13 20 31 27
OPM % 15% 8% 36% 29% 36% 27% 42% 47% 65% 69%
0 0 0 1 2 4 4 5 10 12
Interest 0 0 0 0 0 0 0 0 0 1
Depreciation 0 0 0 1 1 1 1 1 1 1
Profit before tax 1 1 11 12 15 12 15 23 40 37
Tax % 31% 38% 29% 28% 26% 25% 26% 26% 25%
1 1 8 9 11 9 11 17 30 28
EPS in Rs 5.90 7.20 3.69 4.17 5.56 4.30 5.55 8.48 14.79 13.82
Dividend Payout % 0% 0% 0% 0% 0% 15% 14% 3% 0%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 13%
TTM: -26%
Compounded Profit Growth
10 Years: %
5 Years: 29%
3 Years: 53%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: 43%
3 Years: 53%
1 Year: -19%
Return on Equity
10 Years: %
5 Years: 27%
3 Years: 28%
Last Year: 34%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.20 0.20 4 4 10 10 10 20 20 20
Reserves 1 1 14 23 28 37 47 53 83 99
0 2 0 1 1 1 6 3 8 10
1 3 12 26 44 44 49 43 12 12
Total Liabilities 2 6 30 54 82 92 112 119 123 142
1 1 9 12 11 11 13 12 12 18
CWIP 0 4 0 0 0 0 0 2 5 3
Investments 0 0 2 16 22 16 16 21 27 27
1 2 19 26 49 65 82 84 79 94
Total Assets 2 6 30 54 82 92 112 119 123 142

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 2 6 21 24 10 1 6 1
-1 -4 -7 -17 -6 -6 -1 -35 -6
0 2 7 0 -0 -0 2 -4 4
Net Cash Flow 1 -0 5 4 18 4 3 -34 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0 1 0 25
Inventory Days 0 0 0 0 0
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 1 0 25
Working Capital Days -56 -36 5 -98 -256 -339 -21 63 232
ROCE % 60% 100% 51% 45% 27% 28% 32% 43%

Shareholding Pattern

Numbers in percentages

Dec 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Dec 2024
73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.19% 73.19% 73.23% 73.23% 73.23% 73.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.06% 0.13% 0.14% 0.33% 0.14%
0.24% 0.15% 0.15% 0.15% 0.15% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.59% 26.69% 26.69% 26.68% 26.67% 26.73% 26.71% 26.75% 26.64% 26.63% 26.43% 26.63%
No. of Shareholders 2742732962972842812803284821,0731,1071,157

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

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