Innovision Ltd
Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India[1]
- Market Cap ₹ 584 Cr.
- Current Price ₹ 245
- High / Low ₹ 470 / 240
- Stock P/E 32.4
- Book Value ₹ 125
- Dividend Yield 0.00 %
- ROCE 20.5 %
- ROE 19.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Infrastructure Road AssetsToll, Annuity, Hybrid-Annuity
Part of BSE IPO BSE Services Nifty IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 256 | 510 | 893 | 979 | 1,020 | |
| 241 | 492 | 843 | 923 | 990 | |
| Operating Profit | 14 | 18 | 50 | 56 | 31 |
| OPM % | 6% | 3.5% | 6% | 6% | 3.0% |
| 2 | 2 | 3 | 6 | 8 | |
| Interest | 5 | 7 | 10 | 13 | 14 |
| Depreciation | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 11 | 11 | 41 | 47 | 23 |
| Tax % | 22% | -1% | 24% | 20% | |
| 8 | 11 | 31 | 38 | 18 | |
| EPS in Rs | 4.34 | 5.99 | 16.24 | 15.77 | 8.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 70% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 1 | 19 | 19 | 24 |
| Reserves | 38 | 34 | 65 | 273 |
| 34 | 49 | 79 | 125 | |
| 34 | 56 | 59 | 54 | |
| Total Liabilities | 107 | 157 | 222 | 476 |
| 6 | 13 | 12 | 15 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 101 | 144 | 210 | 462 | |
| Total Assets | 107 | 157 | 222 | 476 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 3 | 6 | -22 | -29 | |
| 1 | -34 | 2 | -134 | |
| -4 | 9 | 23 | 206 | |
| Net Cash Flow | 0 | -19 | 3 | 43 |
| Free Cash Flow | 2 | -0 | -23 | -32 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 23% | 34% | -44% | -51% |
Ratios
Standalone / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 80 | 45 | 44 | 59 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 80 | 45 | 44 | 59 |
| Working Capital Days | 12 | -3 | 8 | 19 |
| ROCE % | 21% | 38% | 21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Largest Client (NHAI) - Share of Revenue % of total revenue |
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| Manpower Services - Share of Revenue % of revenue from operations |
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| Number of Manned Private Security Clients clients |
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| Number of Toll Plazas Managed plazas |
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| Toll Plaza Management - Share of Revenue % of revenue from operations |
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| Top 10 Clients - Share of Revenue % of total revenue |
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| Total Number of Employees Deployed employees |
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| Average Monthly Employee Attrition Rate % per month |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; no dematerialization or rematerialization requests.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Pawan Kumar resigned as Independent Director effective 5 October 2026; company clarified disclosure timeline.
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Pawan Kumar resigned as Independent Director effective 05 October 2026, citing personal and professional commitments.
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Announcement under Regulation 30 (LODR)-Resignation of Director
- Pawan Kumar resigned as Independent Director of Innovision Limited, effective 05 October 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
- Pawan Kumar resigned as Independent Director effective 05 October 2026 due to personal and professional commitments.
Concalls
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Jul 2026PPT
Business Profile[1]
Innovision Limited is an India-based service provider engaged in manpower services, toll plaza management, and skill development training. The company started its operations as a private security service provider and later diversified into facility management, staffing, toll management, and training services