₹309.55
+1.46% today
· 30d -8.35%
as of 2026-09-04
Price · Daily Candles
“Innovana's profitability dips sharply as stock tumbles 46% from 52-week high.”
Innovana P.V.T. Ltd. faced an 84.14% YoY net profit decline in Q4 2026, despite a 22.63% revenue increase, resulting in a significant operational contraction. The stock has fallen 46.88% from its 52-week high, trading at ₹345.0, with technical indicators like MACD showing strong bearish signals and RSI at a moderate 34.06.
BULL CASE
+Annual revenue for FY26 increased by 27.86% YoY to ₹132.0 Cr, indicating top-line expansion.
+The company's PE ratio of 15.41 is considerably lower than the sector average, with peers like TATAELXSI at 42.98 and BBOX at 84.79.
+Promoter holding remains strong at 72.65% as of Q4 2026, with FIIs slightly increasing their stake by 0.07% QoQ.
+Despite recent price drops, Innovana's 5-year CAGR for net profit is 18.65% and revenue is 16.9%, showcasing historical growth.
BEAR CASE
−Q4 net profit plummeted 84.14% YoY to ₹2.0 Cr, despite a 22.63% increase in revenue.
−Operating profit for Q4 2026 saw a significant 65.6% YoY decrease, with OPM falling by 42.55% YoY.
−The stock is trading 46.88% below its 52-week high of ₹649.5 and is near its 52-week low.
−ML predictions for Free Cash Flow (FCF) show weak growth ranks: 0.237 for recent 2-year and 0.225 for stable 7-year outlooks.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹39 Cr
+21.43% YoY
NET PROFIT
₹6 Cr
-57.81% YoY
OPM
24.84%
-29.29pp YoY
EPS
₹2.68
PE 15.41
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-50.0%, h2=-50.0%, h3=-50.0% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Innovana's TTM PE of 15.41 and ROCE of 16.0% place it significantly below sector peers like TATAELXSI (PE 42.98, ROCE 37.74%) and BBOX (PE 84.79, ROCE 27.47%), suggesting a lower valuation but also lower efficiency compared to industry leaders.
PEERPEROCE %
INNOVANA15.4116.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
53
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
5
Valuation
CHEAP
75
Growth
MUTED
46
Profitability
HIGH
78
Technicals
WEAK
45
Risk
LOW
70
Key Stats
TTM PE
15.41
P/B
4.27
52W HIGH
₹564.8
OFF HIGH
-45.19%
MKT CAP
₹644 Cr
◉ Active Signals
MACDBearish-0.883
RSI(14)Neutral45.51
Near 52W LowBearish6.74
⧉ Strategy Fit 🔒