New Risk • May 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 43% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (26% net profit margin). Market cap is less than US$100m (₹7.41b market cap, or US$77.2m). 공시 • May 14
Innovana Thinklabs Limited to Report Q4, 2026 Results on May 20, 2026 Innovana Thinklabs Limited announced that they will report Q4, 2026 results on May 20, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹378, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 25x in the Software industry in India. Total returns to shareholders of 22% over the past year. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹4.35 (vs ₹5.77 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.35 (down from ₹5.77 in 3Q 2025). Revenue: ₹383.7m (up 33% from 3Q 2025). Net income: ₹95.6m (down 18% from 3Q 2025). Profit margin: 25% (down from 40% in 3Q 2025). The decrease in margin was driven by higher expenses. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹8.66b market cap, or US$95.5m). Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹424, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Software industry in India. Total returns to shareholders of 1.5% over the past year. 공시 • Feb 05
Innovana Thinklabs Limited to Report Q3, 2026 Results on Feb 13, 2026 Innovana Thinklabs Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.57b (US$95.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹6.18 (vs ₹5.39 in 2Q 2025) Second quarter 2026 results: EPS: ₹6.18 (up from ₹5.39 in 2Q 2025). Revenue: ₹371.2m (up 62% from 2Q 2025). Net income: ₹126.9m (up 15% from 2Q 2025). Profit margin: 34% (down from 48% in 2Q 2025). The decrease in margin was driven by higher expenses. 공시 • Nov 08
Innovana Thinklabs Limited to Report Q2, 2026 Results on Nov 14, 2025 Innovana Thinklabs Limited announced that they will report Q2, 2026 results on Nov 14, 2025 공시 • Sep 30
Innovana Thinklabs Limited Announces Regularization of Additional Director, Varun Kaur by Appointing as Independent Director Innovana Thinklabs Limited announced that at its AGM held on September 30, 2025, the shareholders approved regularize of Additional Director, Mr. Varun Kaul by appointing as Independent Director of the Company. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Amritanshu Balani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 08
Innovana Thinklabs Limited, Annual General Meeting, Sep 30, 2025 Innovana Thinklabs Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Location: plot no. d-41, patrakar colony, near jawahar nagar, moti, dungri vistar yojna, raja park-302004, rajasthan, jaipur India Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹6.40 (vs ₹5.04 in 1Q 2025) First quarter 2026 results: EPS: ₹6.40 (up from ₹5.04 in 1Q 2025). Revenue: ₹349.2m (up 39% from 1Q 2025). Net income: ₹129.5m (up 25% from 1Q 2025). Profit margin: 37% (down from 41% in 1Q 2025). The decrease in margin was driven by higher expenses. New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). High level of non-cash earnings (22% accrual ratio). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹504, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 36x in the Software industry in India. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹21.81 (vs ₹19.98 in FY 2024) Full year 2025 results: EPS: ₹21.81 (up from ₹19.98 in FY 2024). Revenue: ₹1.14b (up 13% from FY 2024). Net income: ₹447.1m (up 9.2% from FY 2024). Profit margin: 39% (down from 41% in FY 2024). The decrease in margin was driven by higher expenses. 공시 • May 22
Innovana Thinklabs Limited to Report Q4, 2025 Results on May 29, 2025 Innovana Thinklabs Limited announced that they will report Q4, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹317, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 30x in the Software industry in India. 공시 • Feb 17
Innovana Thinklabs Limited Approves Appointment of Amritanshu Balani as an Independent Director Innovana Thinklabs Limited announced that through postal ballot the shareholders approved appointment of Amritanshu Balani as an independent director of the company for a term of five consecutive years with effect from December 11, 2024. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹5.77 (vs ₹5.51 in 3Q 2024) Third quarter 2025 results: EPS: ₹5.77 (up from ₹5.51 in 3Q 2024). Revenue: ₹299.8m (up 16% from 3Q 2024). Net income: ₹116.9m (up 3.4% from 3Q 2024). Profit margin: 39% (down from 44% in 3Q 2024). The decrease in margin was driven by higher expenses. 공시 • Feb 06
Innovana Thinklabs Limited to Report Q3, 2025 Results on Feb 12, 2025 Innovana Thinklabs Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹494, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 41x in the Software industry in India. 공시 • Sep 16
Innovana Thinklabs Limited, Annual General Meeting, Sep 30, 2024 Innovana Thinklabs Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. Location: plot no. d-41, patrakar colony, near jawahar nagar, moti, dungri vistar yojna, raja park-302004, rajasthan, jaipur India