Innovana Thinklabs Ltd
Incorporated in 2015, Innovana Thinklabs Ltd is in the business of Software development[1]
- Market Cap ₹ 1,064 Cr.
- Current Price ₹ 519
- High / Low ₹ 800 / 333
- Stock P/E 25.8
- Book Value ₹ 79.7
- Dividend Yield 0.05 %
- ROCE 35.1 %
- ROE 30.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 31.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Debtor days have increased from 34.4 to 47.9 days.
- Working capital days have increased from -52.2 days to 115 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
16 | 31 | 45 | 64 | 57 | 58 | 79 | 101 | |
14 | 20 | 31 | 40 | 40 | 32 | 48 | 56 | |
Operating Profit | 1 | 11 | 14 | 24 | 16 | 26 | 31 | 45 |
OPM % | 8% | 36% | 31% | 38% | 28% | 45% | 39% | 45% |
0 | 0 | 1 | 3 | 4 | 4 | 7 | 14 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 3 | 4 | 4 |
Profit before tax | 1 | 11 | 14 | 26 | 19 | 26 | 33 | 53 |
Tax % | 38% | 29% | 24% | 16% | 18% | 18% | 16% | 22% |
1 | 8 | 11 | 22 | 16 | 21 | 27 | 41 | |
EPS in Rs | 7.20 | 3.69 | 5.20 | 10.61 | 7.59 | 10.14 | 13.12 | 20.13 |
Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 7% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 21% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 40% |
TTM: | 77% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 59% |
3 Years: | 76% |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 27% |
Last Year: | 30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 4 | 4 | 10 | 10 | 10 | 20 | 20 |
Reserves | 1 | 14 | 25 | 40 | 56 | 76 | 91 | 143 |
2 | 0 | 1 | 1 | 1 | 15 | 12 | 23 | |
3 | 12 | 43 | 72 | 70 | 57 | 48 | 23 | |
Total Liabilities | 6 | 30 | 72 | 122 | 137 | 158 | 171 | 209 |
1 | 9 | 13 | 12 | 14 | 28 | 27 | 33 | |
CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
Investments | 0 | 2 | 28 | 46 | 41 | 41 | 39 | 49 |
2 | 19 | 31 | 64 | 83 | 88 | 103 | 124 | |
Total Assets | 6 | 30 | 72 | 122 | 137 | 158 | 171 | 209 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
2 | 6 | 39 | 37 | 14 | -4 | 4 | -2 | |
-4 | -7 | -30 | -19 | -8 | -14 | -47 | -15 | |
2 | 7 | 0 | 6 | 2 | 23 | -5 | 18 | |
Net Cash Flow | -0 | 5 | 9 | 24 | 8 | 5 | -48 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 1 | 13 | 42 | 48 |
Inventory Days | 0 | 0 | 0 | 0 | 371 | |||
Days Payable | 300 | |||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 1 | 13 | 42 | 119 |
Working Capital Days | -36 | 8 | -221 | -277 | -236 | -212 | -60 | 115 |
ROCE % | 100% | 58% | 63% | 31% | 31% | 26% | 35% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 July 2024 - Innovana Thinklabs Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
4 July 2024 - INNOVANA THINKLABS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Resignation
2 July 2024 - Innovana Thinklabs Limited has informed regarding Resignation of Mr NARENDRA KUMAR GARG as Executive Director of the company w.e.f. July 02, 2024.
-
Trading Window
30 June 2024 - Innovana Thinklabs Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Trading Window-XBRL
30 June 2024 - INNOVANA THINKLABS LIMITED has informed about Closure of Trading Window
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