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    Innovana Thinklabs Limited

    Jaipur-based holding company running Windows/Mac software utilities, the Anytime Astro astrology app, a gaming studio, Anytime Fitness franchise gyms, and residential real-estate development through wholly owned subsidiaries.

    Information Technology
    Information Technology

    Overview

    Price

    Market Cap

    ₹711 Cr

    Sector

    Information Technology

    Information Technology

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010102020202021
    Reserves40567691143185240252
    Borrowings11151223445058
    Other Liabilities7270574823283535
    Total Liabilities122137158171209278346365
    AssetsFixed Assets1214282730598184
    CWIP000251245
    Investments4641413949597980
    Other Assets648388103124148182195
    Total Assets122137158171209278346365

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating393715-4403527
    Cash from Investing-30-19-8-14-47-15-19-53
    Cash from Financing06123-516-1025
    SummaryCapital Expenditure
    Free Cash Flow211919-200-111914
    FCF Margin

    Valuation

    Assumptions

    Current — INNOVANA
    Price
    ₹333
    EPS (TTM)
    ₹18.56
    PE (TTM)
    18.0
    Profit growth
    11.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (22.6×) and current (18.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹333
    vs
    Fair value · 15% return
    ₹245
    27%Overvalued

    At 11.1% growth and a 18× exit, ₹333 only delivers your return if you pay ₹245. The price is currently baking in 18% growth.

    EPS grows 11.1%/yr for 5 years, then fades to 6% over 2, exits at 18×.

    YearGrowthEPS (₹)
    FY2711.1%20.62
    FY2811.1%22.91
    FY2911.1%25.45
    FY3011.1%28.28
    FY3111.1%31.42
    FY328.5% ·fade34.10
    FY336.0% ·fade36.15

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Innovana Thinklabs Limited

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