541353

Innovators financials

Market cap
₹212 Cr
Sector
Capital Goods

What Innovators does

Innovators Façade Systems designs, engineers, fabricates, assembles, erects and installs customised façade and fenestration systems for buildings. Its work covers the full project lifecycle from design and engineering through procurement, fabrication, logistics and on-site installation. It serves architects, general contractors and developers across residential, commercial and infrastructure projects such as airports, hotels and malls, earning revenue by executing these façade contracts.

Segments

  • Residential Projects
  • Commercial Projects
  • Infrastructure Projects
Manufacturing facility area
300,000 sq. ft. (Wada, Maharashtra)
Assembly & glazing units
2 (Bengaluru, Karnataka for South region; Najafgarh, New Delhi for North region)
Projects delivered
300+ (over 26 years)
Airports served in India
13
Regional project spread
West 220+ (Mumbai, Gujarat, Pune); North 40+ (Delhi, Gurgaon, Noida, Chandigarh, Lucknow, Raipur, Indore, Jaipur); South 25+ (Chennai, Bengaluru, Hyderabad, Goa); East 4+ (Kolkata)
Years of operating experience
26 years
Founded 1999Headquarters Mira Road (East), Thane, Maharashtra Company website

Quarterly results

Q4 FY26: revenue up 25.2%, net profit down 20.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue72 109 100 115 114 +58%107 −2%84 −16%144 +25%
EBITDA7 11 11 17 17 +143%16 +45%13 +18%16 −6%
Net profit1 7 5 10 8 +700%8 +14%5 +0%8 −20%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −44.6% 1Y

₹100₹150₹200Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹201.2 on 10 Sept 2025 → ₹111.5. High ₹226.75 (30 Oct 2025), low ₹106 (30 Mar 2026).

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹19 Cr₹19 Cr₹19 Cr₹19 Cr₹19 Cr₹19 Cr
Reserves₹83 Cr₹85 Cr₹93 Cr₹108 Cr₹129 Cr₹137 Cr
Borrowings₹25 Cr₹33 Cr₹39 Cr₹43 Cr₹47 Cr₹45 Cr
Other liabilities₹19 Cr₹34 Cr₹86 Cr₹82 Cr₹71 Cr₹138 Cr
Total liabilities₹145 Cr₹170 Cr₹236 Cr₹253 Cr₹266 Cr₹340 Cr
Fixed assets₹37 Cr₹40 Cr₹47 Cr₹63 Cr₹64 Cr₹63 Cr
Capital work in progress₹0 Cr₹2 Cr₹0 Cr₹0 Cr₹0 Cr₹4 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹108 Cr₹129 Cr₹189 Cr₹189 Cr₹202 Cr₹272 Cr
Total assets₹145 Cr₹170 Cr₹236 Cr₹253 Cr₹266 Cr₹340 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −1.38 pp while DIIs added +1.12 pp. The shareholder count shrank 4% to 1,756.

Promoters
63.7%
FIIs
0.3%
DIIs
1.1%
Public
34.9%

Since Jun 2025

  • Public −1.38 pp
  • DIIs +1.12 pp
  • FIIs +0.27 pp

How it drifted, 12 quarters

Over this window the public fell from 36.3% to 34.9% — −1.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 63.7%, FIIs 0.0%, Public 36.3%.Dec '23: Promoters 63.7%, FIIs 0.0%, Public 36.2%.Mar '24: Promoters 63.7%, FIIs 0.0%, Public 36.3%.Jun '24: Promoters 63.7%, FIIs 0.0%, Public 36.3%.Sep '24: Promoters 63.7%, Public 36.3%.Dec '24: Promoters 63.7%, Public 36.3%.Mar '25: Promoters 63.7%, Public 36.3%.Jun '25: Promoters 63.7%, Public 36.3%.Sep '25: Promoters 63.7%, DIIs 0.2%, Public 36.1%.Dec '25: Promoters 63.7%, FIIs 0.3%, DIIs 0.2%, Public 35.8%.Mar '26: Promoters 63.7%, FIIs 0.3%, DIIs 1.1%, Public 34.9%.Jun '26: Promoters 63.7%, FIIs 0.3%, DIIs 1.1%, Public 34.9%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Innovators above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Jolly Multi Trade Private Limited 24.07%unchanged
Radheshyam Sharma 18.32%unchanged
Vijay Kishanlal Kedia 8.71%−1.95 pp
Raman Sharma 8.15%unchanged
Innovators Facade Solutions(Mumbai) Private Limited 4.58%unchanged
Anjana R Sharma 4.42%unchanged
Chartered Finance & Leasing Limited 3.76%unchanged
Priti Raman Sharma 1.85%unchanged
Rohit Sharma 1.67%unchanged
The Golden Bird Investment Trust - I AIF1.12%unchanged
Vedika Radheshyam Sharma 0.64%unchanged
Shivchand Sharma 0.01%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Innovators

Guides on how to read this kind of business and the numbers that matter.