Innovana Thinklabs Ltd. (IN:INNOVANA)
:INNOVANA
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Innovana Thinklabs Ltd.
(INNOVANA)
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Rating:68Neutral
Price Target:
₹380.00
▼(-8.20% Downside)
Action:ReiteratedDate:12/18/25
Innovana Thinklabs Ltd. scores well on financial performance due to strong revenue growth and profitability, which is the most significant factor. However, technical analysis indicates bearish momentum, and valuation is moderate with no dividend yield. These factors collectively result in a balanced overall stock score.
Positive Factors
High profitability margins
Sustained high gross and net margins indicate structural pricing power and efficient cost structure across products. These margins support reinvestment in R&D, marketing and product development, enabling durable competitive positioning and internal funding for growth without heavy external financing.
Negative Factors
Rising total debt
Although current leverage is low, the trend of increasing total debt reduces long-term optionality and raises sensitivity to higher interest rates or slower revenue. If debt growth outpaces cash generation, financial flexibility and reinvestment capacity could be constrained over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability margins
Sustained high gross and net margins indicate structural pricing power and efficient cost structure across products. These margins support reinvestment in R&D, marketing and product development, enabling durable competitive positioning and internal funding for growth without heavy external financing.
Read all positive factors
Innovana Thinklabs Ltd. (INNOVANA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹7.19B
Dividend YieldN/A
Average Volume (3M)5.31K
Price to Earnings (P/E)22.1
Beta (1Y)0.51
Revenue Growth25.98%
EPS Growth18.29%
CountryIN
Employees110
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)4.66
Shares Outstanding20,660,000
10 Day Avg. Volume11,307
30 Day Avg. Volume5,312
Financial Highlights & Ratios
PEG Ratio1.85
Price to Book (P/B)3.32
Price to Sales (P/S)6.60
P/FCF Ratio35.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Innovana Thinklabs Ltd. Business Overview & Revenue Model
Company Description
Innovana Thinklabs Limited engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally. The company operates astrology and tarot platforms which includes Anytime Astro, ...
How the Company Makes Money
Innovana Thinklabs Ltd. generates revenue primarily through the sales of its software products and mobile applications. These products are offered on various platforms, with monetization achieved via direct purchases, subscriptions, and in-app adv...
Innovana Thinklabs Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 593.09M | 1.03B | 1.01B | 791.86M | 575.83M |
| Gross Profit | 419.21M | 768.27M | 691.13M | 490.99M | 357.92M |
| EBITDA | 348.53M | 661.31M | 591.31M | 378.37M | 299.55M |
| Net Income | 236.25M | 441.40M | 409.57M | 269.01M | 207.87M |
Balance Sheet | |||||
| Total Assets | 3.46B | 2.78B | 2.09B | 1.71B | 1.58B |
| Cash, Cash Equivalents and Short-Term Investments | 182.57M | 120.26M | 56.66M | 41.92M | 522.81M |
| Total Debt | 934.61M | 442.18M | 226.20M | 123.53M | 170.29M |
| Total Liabilities | 771.33M | 670.43M | 422.64M | 600.48M | 714.62M |
| Stockholders Equity | 2.60B | 2.05B | 1.63B | 1.11B | 861.30M |
Cash Flow | |||||
| Free Cash Flow | 323.21M | 190.58M | -106.99M | -15.78M | -401.73M |
| Operating Cash Flow | 447.79M | 348.87M | 1.63M | 27.96M | -37.42M |
| Investing Cash Flow | -512.86M | -187.14M | -149.38M | -456.65M | -137.96M |
| Financing Cash Flow | 157.84M | -98.13M | 160.40M | -50.13M | 228.07M |
Innovana Thinklabs Ltd. Technical Analysis
Negative
413.95
Price Trends
381.40
Negative
412.72
Negative
463.68
Negative
Market Momentum
-12.26
Positive
38.30
Neutral
29.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INNOVANA, the sentiment is Negative. The current price of 413.95 is above the 20-day moving average (MA) of 373.30, above the 50-day MA of 381.40, and below the 200-day MA of 463.68, indicating a bearish trend. The MACD of -12.26 indicates Positive momentum. The RSI at 38.30 is Neutral, neither overbought nor oversold. The STOCH value of 29.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INNOVANA.
Innovana Thinklabs Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹7.19B | 22.14 | ― | ― | 25.98% | 18.29% | |
67 Neutral | ₹12.84B | 25.81 | ― | 0.13% | 14.57% | 80.44% | |
63 Neutral | ₹4.98B | 32.30 | ― | 0.50% | 0.23% | 10.64% | |
62 Neutral | ₹5.10B | 15.89 | ― | 1.84% | 10.49% | 69.49% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | ₹2.72B | 24.54 | ― | ― | 21.99% | -14.27% | |
46 Neutral | ₹3.95B | 56.55 | ― | ― | -9.53% | 96.99% |
* Technology Sector Average
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Innovana Thinklabs Ltd. Corporate Events
Innovana Thinklabs Seeks Shareholder Nod to Expand Borrowing and Funding Powers via Postal Ballot
Mar 3, 2026
Innovana Thinklabs has initiated a postal ballot process, including remote e-voting, to seek shareholder approval for several key financial authorizations under the Companies Act, 2013. The resolutions cover increasing the company’s borrowin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.