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Innovana Thinklabs Limited (INNOVANA) Fair Value & Analysis

Technology · IN · Market cap ₹6.9B

IT Innovana Thinklabs Limited INNOVANA · NSE
Price₹332.00
Fair Value₹375.72
Upside+13.2%
Quality41/100
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Evidence: High Range ₹274.28 – ₹661.41

Fair value as of: Jul 3, 2026

From 26 valuation models · updated yesterday

Share price −0.4% over the past month.

Price vs Fair Value (12 months)

₹622.91 ₹306.41 Fair Value ₹375.72 Jul 2025 Jul 2026

12‑month range ₹306.41 – ₹622.91 · fair‑value band ₹274.28 – ₹661.41 · the ₹332.00 price screens below the ₹375.72 fair value. As of Jul 3, 2026.

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Analysis

Innovana Thinklabs Limited (INNOVANA) currently trades at ₹332.00, while our model-based Fair Value estimate is ₹375.72 — implying the stock looks roughly 13.2% undervalued today. We read business quality at 41/100 (below-average quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Innovana Thinklabs Limited generated revenue of ₹1.3B at a net margin of 28.8%. Revenue grew 22.6% year over year. It earns a return on equity of 14.9%. Net debt stands at ₹467M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹1.3B
Revenue growth (YoY) +22.6%
Net margin 28.8%
Return on equity 14.9%
Free cash flow ₹255M FY2026
P/E ratio 18.6
More key figures
Operating margin 1.3%
EPS (TTM) ₹17.79
EPS growth (YoY) -84.3%
Net debt ₹467M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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 …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Innovana Thinklabs Limited reported revenue of ₹1.3B in FY2026 versus ₹576M in FY2022, a compound +23.1%/yr. Reported net income was ₹381M in FY2026, compounding +16.4%/yr from FY2022.

Revenue +23.1%/yr
FY22 ₹576M
FY23 ₹792M
FY24 ₹1.0B
FY25 ₹1.0B
FY26 ₹1.3B
Net income +16.4%/yr
FY22 ₹208M
FY23 ₹269M
FY24 ₹410M
FY25 ₹441M
FY26 ₹381M

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Frequently asked questions

Is Innovana Thinklabs Limited (INNOVANA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹375.72 versus a price of ₹332.00 — about +13% (undervalued). Model-based estimate, not financial advice.
What is the fair value of INNOVANA?
Our model-based fair value for Innovana Thinklabs Limited is ₹375.72 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹332.00.
What is the quality score of INNOVANA?
Innovana Thinklabs Limited has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Innovana Thinklabs Limited (INNOVANA)?
Innovana Thinklabs Limited reported trailing-twelve-month revenue of about ₹1.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of INNOVANA?
The net profit margin of Innovana Thinklabs Limited is about 28.8%, meaning it keeps roughly 28.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.