Innovana Thinklabs Limited

NSEI:INNOVANA Stock Report

Market Cap: ₹6.8b

Innovana Thinklabs Management

Management criteria checks 4/4

Innovana Thinklabs' CEO is Chandan Garg, appointed in Jul 2017, has a tenure of 9.08 years. total yearly compensation is ₹5.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 70.71% of the company’s shares, worth ₹4.85B. The average tenure of the management team and the board of directors is 9.1 years and 7.2 years respectively.

Key information

Chandan Garg

Chief executive officer

₹5.0m

Total compensation

CEO salary percentage100.00%
CEO tenure9.1yrs
CEO ownership70.7%
Management average tenure9.1yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Analysis Article • Feb 13

Not Many Are Piling Into Innovana Thinklabs Limited (NSE:INNOVANA) Just Yet

Innovana Thinklabs Limited's ( NSE:INNOVANA ) price-to-earnings (or "P/E") ratio of 17x might make it look like a buy...
Analysis Article • Jan 23

Do Innovana Thinklabs' (NSE:INNOVANA) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Dec 09

The Returns On Capital At Innovana Thinklabs (NSE:INNOVANA) Don't Inspire Confidence

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article • May 15

Innovana Thinklabs Limited (NSE:INNOVANA) Doing What It Can To Lift Shares

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 27x, you may consider...
Analysis Article • Jan 08

Be Wary Of Innovana Thinklabs (NSE:INNOVANA) And Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article • Nov 26

Innovana Thinklabs' (NSE:INNOVANA) Problems Go Beyond Weak Profit

A lackluster earnings announcement from Innovana Thinklabs Limited ( NSE:INNOVANA ) last week didn't sink the stock...
Analysis Article • Oct 11

It's A Story Of Risk Vs Reward With Innovana Thinklabs Limited (NSE:INNOVANA)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 34x, you may consider...
Analysis Article • May 22

There May Be Underlying Issues With The Quality Of Innovana Thinklabs' (NSE:INNOVANA) Earnings

Despite announcing strong earnings, Innovana Thinklabs Limited's ( NSE:INNOVANA ) stock was sluggish. We think that the...
Analysis Article • May 03

Innovana Thinklabs Limited (NSE:INNOVANA) Doing What It Can To Lift Shares

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 32x, you may consider...
Analysis Article • Dec 21

Many Still Looking Away From Innovana Thinklabs Limited (NSE:INNOVANA)

Innovana Thinklabs Limited's ( NSE:INNOVANA ) price-to-earnings (or "P/E") ratio of 25.9x might make it look like a buy...
Analysis Article • Aug 30

Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Feb 28

Be Wary Of Innovana Thinklabs (NSE:INNOVANA) And Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • Nov 30

The Returns On Capital At Innovana Thinklabs (NSE:INNOVANA) Don't Inspire Confidence

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Jul 07

Innovana Thinklabs (NSE:INNOVANA) May Have Issues Allocating Its Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jun 11

Does Innovana Thinklabs (NSE:INNOVANA) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Dec 30

Here's Why We Think Innovana Thinklabs (NSE:INNOVANA) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Nov 16

Here's What's Concerning About Innovana Thinklabs' (NSE:INNOVANA) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article • May 23

Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Feb 07

Innovana Thinklabs Limited's (NSE:INNOVANA) Stock Been Rising: Are Strong Financials Guiding The Market?

Innovana Thinklabs' (NSE:INNOVANA) stock is up by 9.8% over the past three months. Given its impressive performance, we...
Analysis Article • Jan 03

With EPS Growth And More, Innovana Thinklabs (NSE:INNOVANA) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article • Dec 08

A Quick Analysis On Innovana Thinklabs' (NSE:INNOVANA) CEO Compensation

Chandan Garg became the CEO of Innovana Thinklabs Limited ( NSE:INNOVANA ) in 2017, and we think it's a good time to...

CEO Compensation Analysis

How has Chandan Garg's remuneration changed compared to Innovana Thinklabs's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹381m

Dec 31 2025n/an/a

₹466m

Sep 30 2025n/an/a

₹487m

Jun 30 2025n/an/a

₹469m

Mar 31 2025₹5m₹5m

₹441m

Dec 31 2024n/an/a

₹413m

Sep 30 2024n/an/a

₹412m

Jun 30 2024n/an/a

₹416m

Mar 31 2024₹12mn/a

₹410m

Dec 31 2023n/an/a

₹424m

Sep 30 2023n/an/a

₹418m

Jun 30 2023n/an/a

₹335m

Mar 31 2023₹11mn/a

₹269m

Dec 31 2022n/an/a

₹191m

Sep 30 2022n/an/a

₹116m

Jun 30 2022n/an/a

₹159m

Mar 31 2022₹12mn/a

₹208m

Dec 31 2021n/an/a

₹221m

Sep 30 2021n/an/a

₹235m

Jun 30 2021n/an/a

₹195m

Mar 31 2021₹12m₹12m

₹156m

Dec 31 2020n/an/a

₹173m

Sep 30 2020n/an/a

₹190m

Jun 30 2020n/an/a

₹204m

Mar 31 2020₹12m₹12m

₹218m

Compensation vs Market: Chandan's total compensation ($USD52.50K) is about average for companies of similar size in the Indian market ($USD42.04K).

Compensation vs Earnings: Chandan's compensation has been consistent with company performance over the past year.

CEO

Chandan Garg (46 yo)

9.1yrs
Tenure
₹5,000,000
Compensation

Mr. Chandan Garg has been the Chairman and Managing Director of Innovana Thinklabs Limited since July 06, 2017 and has been its Director since April 13, 2015. He serves as Joint Managing Director of Adcoun...

Leadership Team

NamePositionTenureCompensationOwnership
Chandan Garg
Chairman & MD9.1yrs₹5.00m70.71%
₹ 4.8b
Sanjeev Mittal
Chief Financial Officer9.2yrs₹1.66mno data
Vasu Anand
Company Secretary & Compliance Officer7yrs₹852.00kno data
Kapil Garg
Whole-Time Directorno data₹5.70m1.94%
₹ 132.4m
9.1yrs
Average Tenure
46yo
Average Age

Experienced Management: INNOVANA's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Chandan Garg
Chairman & MD11.3yrs₹5.00m70.71%
₹ 4.8b
Kapil Garg
Whole-Time Director11.3yrs₹5.70m1.94%
₹ 132.4m
Swaran Garg
Non-Executive Director9.2yrs₹700.00k0.0019%
₹ 132.7k
Riya Sharma
Non-Executive Independent Director5.2yrs₹40.00kno data
Amritanshu Balani
Independent Director1.7yrsno datano data
Varun Kaul
Independent Non-Executive Directorless than a yearno datano data
7.2yrs
Average Tenure
46yo
Average Age

Experienced Board: INNOVANA's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/06 12:26
End of Day Share Price 2026/08/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Innovana Thinklabs Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.