Innovana Thinklabs Ltd. (INNOVANA) AI Stock Analysis

• Market Cap: ₹9.36B
• Dividend Yield: N/A
• Average Volume (3M): 5.31K
• Price to Earnings (P/E): 19.2
• Beta (1Y): 0.55
• Revenue Growth: 25.98%
• EPS Growth: 18.29%
• Country: IN
• Employees: 110
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 6.19
• Shares Outstanding: 20,500,000
• 10 Day Avg. Volume: 11,307
• 30 Day Avg. Volume: 5,312
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹449.00 ▲(1.22% Upside)

Innovana Thinklabs Ltd. demonstrates strong financial performance with robust profitability and a solid balance sheet, contributing positively to the overall score. However, technical analysis indicates bearish market momentum, which weighs down the score. The valuation is reasonable, providing some support to the stock's attractiveness. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and successful product adoption, supporting long-term business expansion.

Profitability Margins

High profitability margins reflect efficient operations and a strong competitive position, ensuring sustainable financial health.

Balance Sheet Health

Low leverage and a strong equity position provide financial stability and flexibility for future investments and growth.

Negative Factors

Debt Increase

Rising debt levels, despite low leverage, could strain financial resources if not managed carefully, impacting long-term stability.

Cash Flow Management

While cash flow has improved, further enhancement is needed to ensure robust cash generation, crucial for funding growth initiatives.

Market Momentum

Weak market momentum may affect investor confidence and capital raising efforts, potentially impacting strategic initiatives.

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, Tarot Life, mPanchang, and Tarot Life (VR). It also offers utility and security apps, such as FlashScan, a multipurpose document scanner app that scan and digitize documents; ZCleaner an all-in-one optimization app to keep clutter free and improve security; and Web Assist Plus for estimating the risk level associated with the online websites. In addition, the company provides system security tools, such as ITL total security that scans system for viruses, adware, malware and assists in eliminating to keep the system secure; ITL driver updater that analyzes and updates all outdated drivers; and malware crusher, an anti-malware tool that detects and removes all visible and invisible dangers from the system by creating a security shield around it. The company was formerly known as PCVARK Software Limited and changed its name to Innovana Thinklabs Limited in August 2017. Innovana Thinklabs Limited was incorporated in 2015 and is based in Jaipur, India.

How the Company Makes Money

INNOVANA generates revenue through multiple streams, primarily by offering bespoke software solutions and digital marketing services to businesses. The company charges clients on a project basis for custom software development, which includes mobile apps and web platforms. Additionally, INNOVANA earns recurring income through subscription-based models for its software products and digital services. Strategic partnerships with other technology firms and agencies enhance its market reach and capability, contributing significantly to its earnings by allowing access to a broader client base and shared resources.

Innovana Thinklabs Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.03B	1.01B	791.86M	575.83M
Gross Profit	768.27M	691.13M	490.99M	357.92M
EBITDA	661.31M	591.31M	378.37M	299.55M
Net Income	441.40M	409.57M	269.01M	207.87M
Balance Sheet
Total Assets	2.78B	2.09B	1.71B	1.58B
Cash, Cash Equivalents and Short-Term Investments	120.26M	56.66M	41.92M	522.81M
Total Debt	442.18M	226.20M	123.53M	170.29M
Total Liabilities	670.43M	422.64M	600.48M	714.62M
Stockholders Equity	2.05B	1.63B	1.11B	861.30M
Cash Flow
Free Cash Flow	190.58M	-106.99M	-15.78M	-401.73M
Operating Cash Flow	348.87M	1.63M	27.96M	-37.42M
Investing Cash Flow	-187.14M	-149.38M	-456.65M	-137.96M
Financing Cash Flow	-98.13M	160.40M	-50.13M	228.07M

Innovana Thinklabs Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 443.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INNOVANA, the sentiment is Neutral. The current price of 443.6 is below the 20-day moving average (MA) of 451.95, below the 50-day MA of 474.39, and below the 200-day MA of 446.05, indicating a bearish trend. The MACD of -15.33 indicates Positive momentum. The RSI at 45.82 is Neutral, neither overbought nor oversold. The STOCH value of 40.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:INNOVANA.

Innovana Thinklabs Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INFOBEAN	74 Outperform	₹14.20B	22.45	―	0.14%	14.57%	80.44%
INNOVANA	66 Neutral	₹9.36B	19.20	―	―	25.98%	18.29%
VERTOZ	63 Neutral	₹6.07B	22.36	―	―	21.99%	-14.27%
MINDTECK	62 Neutral	₹6.31B	20.30	―	0.51%	0.23%	10.64%
ONWARDTEC	62 Neutral	₹6.30B	15.29	―	1.83%	10.49%	69.49%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SUBEXLTD	50 Neutral	₹7.26B	-96.42	―	―	-9.53%	96.99%