Innovana FY26 Net Profit Rises 8% to ₹3,658.58 Lakh
Innovana Thinklabs Limited reported its audited financial results for FY26, with consolidated net profit rising to ₹3,658.58 lakh and revenue increasing to ₹13,230.74 lakh. However, Q4 net profit fell to ₹182.41 lakh due to margin contraction. The Board also approved the re-appointment of an Internal Auditor and an Independent Director.

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Innovana Thinklabs Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 20, 2026. M/s Goyal Darda & Co., Statutory Auditors, issued an audit report with an unmodified opinion on both the standalone and consolidated financial results. The company published the extract of these results in newspapers on May 21, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Consolidated Financial Performance
For the financial year ended March 31, 2026, the company reported a total consolidated income of ₹14,557.31 lakh, an increase from ₹11,385.68 lakh in the previous year. Revenue from operations rose to ₹13,230.74 lakh from ₹10,347.97 lakh. Total expenses for the year amounted to ₹10,170.89 lakh, up from ₹5,853.67 lakh in the prior year. The net profit for the period stood at ₹3,658.58 lakh, compared to ₹4,470.92 lakh in FY25. Basic earnings per share (EPS) for the year were recorded at ₹17.78.
For the quarter ended March 31, 2026, the company reported consolidated net profit of ₹182.41 lakh against ₹1,150.29 lakh in the same quarter of the previous year. Revenue for the quarter came in at ₹3,260.32 lakh, compared to ₹2,658.63 lakh year-on-year. EBITDA for the quarter stood at ₹573.39 lakh versus ₹1,666.69 lakh in the year-ago period, with the EBITDA margin contracting to 16.30% from 62.68% year-on-year. The following table presents the key Q4 consolidated metrics on a year-on-year basis:
| Metric | Q4 FY26 | Q4 FY25 | Change (YoY) |
|---|---|---|---|
| Revenue | ₹3,260.32 lakh | ₹2,658.63 lakh | Higher |
| Net Profit | ₹182.41 lakh | ₹1,150.29 lakh | Lower |
| EBITDA | ₹573.39 lakh | ₹1,666.69 lakh | Lower |
| EBITDA Margin | 16.30% | 62.68% | Contracted |
Standalone Financial Performance
On a standalone basis, Innovana Thinklabs reported a total income of ₹5,605.34 lakh for the year ended March 31, 2026, up from ₹5,161.63 lakh in the previous year. Revenue from operations for the year was ₹4,590.06 lakh. Total expenses increased to ₹1,231.93 lakh from ₹1,188.35 lakh. The standalone net profit for the year was ₹3,201.62 lakh, compared to ₹2,957.91 lakh in the prior year. Basic EPS for the standalone entity was ₹15.56. In the quarter ended March 31, 2026, standalone total income was ₹1,310.38 lakh, and net profit stood at ₹697.63 lakh.
Key Financial Metrics
The following table summarizes the key financial figures for the standalone entity:
| Particulars | Year Ended 31-Mar-26 (₹ in Lacs) | Year Ended 31-Mar-25 (₹ in Lacs) |
|---|---|---|
| Total Income | 5,605.34 | 5,161.63 |
| Revenue from Operations | 4,590.06 | 4,327.85 |
| Total Expenses | 1,231.93 | 1,188.35 |
| Profit Before Tax | 4,373.41 | 3,973.28 |
| Net Profit for the Period | 3,201.62 | 2,957.91 |
| EBITDA | 4,537.08 | 4,149.80 |
Board Decisions
In addition to the financial results, the Board approved the re-appointment of M/s. Jindal Ashok & Co. as the Internal Auditor for the financial year 2026-27. The Board also approved the re-appointment of Mrs. Riya Sharma as an Independent Director for a second term of five consecutive years commencing from June 28, 2026. A Postal Ballot Notice has been issued for the re-appointment of Mrs. Riya Sharma. The company confirmed that there were no deviations or variations in the utilization of funds raised through the Preferential Issue of Warrants.
Historical Stock Returns for Innovana Thinklabs
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.99% | -8.62% | -23.22% | -28.10% | -19.17% | +231.00% |
What specific cost drivers caused consolidated total expenses to nearly double YoY to ₹10,170.89 lakh, and can management sustain expense control to recover EBITDA margins in FY27?
Given the sharp Q4 FY26 EBITDA margin contraction from 62.68% to 16.30%, what strategic initiatives is Innovana Thinklabs planning to restore profitability in the near term?
How does the significant gap between standalone net profit (₹3,201.62 lakh) and consolidated net profit (₹3,658.58 lakh) reflect on the performance of subsidiaries, and which subsidiaries are dragging consolidated margins?


































