Innovana Thinklabs Ltd
Incorporated in 2015, Innovana Thinklabs Ltd is in the business of Software development[1]
- Market Cap ₹ 894 Cr.
- Current Price ₹ 436
- High / Low ₹ 738 / 380
- Stock P/E 21.9
- Book Value ₹ 89.9
- Dividend Yield 0.00 %
- ROCE 32.2 %
- ROE 27.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 29.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.8%
Cons
- Earnings include an other income of Rs.15.9 Cr.
- Debtor days have increased from 34.4 to 47.9 days.
- Working capital days have increased from -52.1 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
16 | 31 | 45 | 64 | 57 | 58 | 79 | 101 | 96 | |
14 | 20 | 31 | 40 | 40 | 32 | 48 | 56 | 51 | |
Operating Profit | 1 | 11 | 14 | 24 | 16 | 26 | 31 | 45 | 45 |
OPM % | 8% | 36% | 31% | 38% | 28% | 45% | 39% | 45% | 47% |
0 | 0 | 1 | 3 | 4 | 4 | 7 | 14 | 16 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 3 | 4 | 4 | 6 |
Profit before tax | 1 | 11 | 14 | 26 | 19 | 26 | 33 | 53 | 52 |
Tax % | 38% | 29% | 24% | 16% | 18% | 18% | 16% | 22% | |
1 | 8 | 11 | 22 | 16 | 21 | 27 | 41 | 42 | |
EPS in Rs | 7.20 | 3.69 | 5.20 | 10.61 | 7.59 | 10.14 | 13.12 | 19.98 | 19.95 |
Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 7% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 21% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 36% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 55% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 26% |
Last Year: | 27% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.20 | 4 | 4 | 10 | 10 | 10 | 20 | 20 | 20 |
Reserves | 1 | 14 | 25 | 40 | 56 | 76 | 91 | 143 | 164 |
2 | 0 | 1 | 1 | 1 | 15 | 12 | 23 | 46 | |
3 | 12 | 43 | 72 | 70 | 57 | 48 | 23 | 28 | |
Total Liabilities | 6 | 30 | 72 | 122 | 137 | 158 | 171 | 209 | 258 |
1 | 9 | 13 | 12 | 14 | 28 | 27 | 30 | 55 | |
CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 3 |
Investments | 0 | 2 | 28 | 46 | 41 | 41 | 39 | 49 | 53 |
2 | 19 | 31 | 64 | 83 | 88 | 103 | 124 | 147 | |
Total Assets | 6 | 30 | 72 | 122 | 137 | 158 | 171 | 209 | 258 |
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 | 3 | -2 | |
-4 | -7 | -30 | -19 | -8 | -14 | -46 | -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 | ||||
Days Payable | ||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 1 | 13 | 42 | 48 |
Working Capital Days | -36 | 8 | -221 | -277 | -236 | -212 | -59 | 115 |
ROCE % | 100% | 58% | 63% | 31% | 31% | 26% | 32% |
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