Innovision Ltd.

•

innovision.co.inBSE: 544732NSE: INNOVISION

Market Cap₹ 622 Cr.

Current Price

High / Low₹ 470 / 246

Stock P/E16.6

Book Value₹ 121

Price to Book2.15

Dividend Yield0.00 %

ROCE39.1 %

ROE46.3 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Toll Collection: 56.2% • Security Service: 41.4% • Skills, Training & Development Income: 2.5%

AI Sector View

AI GENERATED

Services

Buy

Broad services remain in expansion. Services PMI was 54.1 (Aug/26), export of services grew 13.0% YoY (2026-06), and urban employment was still positive at 2.0% YoY (2026-07), although airport passenger traffic was -2.0% YoY (2026-06). FPI inflows of INR 7081 crore over 3 months to 2026-08-31 support the constructive sector view.

Confidence

72%

View full sector analysis →

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 31.6%
Company has a healthy return on capital (ROCE) of 27.6%
Attractively priced for its growth - PEG of 0.2
Company converts assets efficiently - asset turnover of 4.6x

CONS

Recent results are weak - TTM profit is down 231.1% versus prior year
Operating cash flow has been negative in recent years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.25x)
Equity base is being diluted - shares outstanding up 1300.0%
Total debt has risen sharply - up 64.2% year on year

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ServicesBusiness ServicesProfessional Services

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	URBANCO	166.95	0.00	25746.71	0.00	-921.20	-13373.78	5283.40	1338.56	-8.23	-18.44
2.	BLS	231.65	13.51	9537.98	1.08	201.62	11.41	890.53	25.33	36.54	28.34
3.	SIS	420.05	40.52	5937.25	1.67	101.66	9.37	4603.58	29.73	7.39	4.66
4.	QUESS	350.00	20.70	5228.51	3.14	82.12	61.07	4181.68	14.52	24.72	2.02
5.	BLSE	314.65	49.19	2858.80	0.32	18.63	6.30	304.09	24.63	18.67	6.98
6.	BLUSPRING	131.50	100.98	1965.95	0.00	-1.58	77.90	949.29	19.07	1.32	2.17
7.	TEAMLEASE	1236.60	12.77	1889.70	0.00	34.45	37.74	3034.69	4.96	16.22	1.05
8.	KAPSTON	588.20	58.70	1790.02	0.00	84.89	1284.83	2216.57	1062.33	13.16	6.56
9.	GCSL	601.20	55.17	1503.32	0.12	128.00	1240.31	375.21	70.67	21.85	46.76
10.	UDS	207.45	16.00	1388.94	0.00	30.28	4.47	764.29	9.15	9.99	5.54
11.	KRYSTAL	615.35	14.01	859.76	0.24	17.41	5.92	360.71	11.65	16.36	6.33
12.	INNOVISION	261.10	16.84	621.77	0.00	-73.55	-771.26	2638.15	948.03	37.59	-3.82

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026	Jun 2026
	228	252	223	233	266	264
	220	231	210	222	249	277
Operating Profit	8	20	13	11	17	-13
OPM %	3.48%	8.02%	5.81%	4.64%	6.50%	-5.06%
	1	1	1	1	1	3
Interest	2	4	3	4	4	3
Depreciation	1	1	0	1	1	0
Profit before Tax	6	17	14	8	14	-10
Tax %	38.39%	32.96%	10.32%	43.71%	16.50%	31.98%
Net Profit	4	11	13	5	12	-7
	1.87	6.08	6.87	3.09	5.88	-2.57

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	210	256	510	893	986
	202	241	492	843	958
Operating Profit	7	14	18	50	28
OPM %	3.47%	5.62%	3.54%	5.64%	2.81%
	1	2	2	3	7
Interest	4	5	7	10	14
Depreciation	1	1	2	2	2
Profit before Tax	4	11	11	41	27
Tax %	9.06%	21.91%	-1.34%	24.37%	15.86%
Net Profit	4	8	11	31	23
EPS	2.34	4.65	5.99	16.25	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 62%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 96%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 32%
Last Year:: 46%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1	1	19	19
	29	38	34	65
	33	33	44	76
Trade Payables	1	1	2	2
	29	35	60	73
Total Liabilities	94	108	159	234
	3	3	8	7
	1	0	0	0
	0	0	63	107
Cash & Bank	25	26	35	41
	65	79	53	80
Total Assets	94	108	159	234

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	6	3	6	-22
Cash from Investing	-3	1	-34	2
Cash from Financing	-4	-4	9	23
	-2	0	-19	3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Mar 2026	Jun 2026
	74.17	74.17
	2.24	0.38
	5.02	5.21
Government	0.00	0.00
	18.57	20.24

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-11

Action(s) taken or orders passed

2026-09-11 - Innovision Limited has informed the Exchange about Action(s) taken or orders passed

2026-09-09

Press Release

2026-09-09 - Innovision Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "Innovision Ltd secures Two New NHAI Toll Plaza Mandates in Madhya Pradesh".

2026-09-08

Awarding of order(s)/contract(s)

2026-09-08 - Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)

2026-09-08

Awarding of order(s)/contract(s)

2026-09-08 - Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)

2026-09-03

Action(s) initiated or orders passed

2026-09-03 - Innovision Limited has informed the Exchange about Action(s) initiated or orders passed

2026-09-03

Awarding of order(s)/contract(s)

2026-09-03 - Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)

2026-08-29

Awarding of order(s)/contract(s)

2026-08-29 - Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)

2026-08-26

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

2026-08-26 - Innovision Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

2026-08-21

Awarding of order(s)/contract(s)

2026-08-21 - Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)

News

Recent coverage and analyst commentary for INNOVISION

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AI Stock Analyst

Innovision Ltd.

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Free 5nance Account

Name

URBANCO

166.95

0.00

25746.71

0.00

-921.20

-13373.78

5283.40

1338.56

-8.23

-18.44

BLS

231.65

13.51

9537.98

1.08

201.62

11.41

890.53

25.33

36.54

28.34

SIS

420.05

40.52

5937.25

1.67

101.66

9.37

4603.58

29.73

7.39

4.66

QUESS

350.00

20.70

5228.51

3.14

82.12

61.07

4181.68

14.52

24.72

2.02

BLSE

314.65

49.19

2858.80

0.32

18.63

6.30

304.09

24.63

18.67

6.98

BLUSPRING

131.50

100.98

1965.95

0.00

-1.58

77.90

949.29

19.07

1.32

2.17

TEAMLEASE

1236.60

12.77

1889.70

0.00

34.45

37.74

3034.69

4.96

16.22

1.05

KAPSTON

588.20

58.70

1790.02

0.00

84.89

1284.83

2216.57

1062.33

13.16

6.56

GCSL

601.20

55.17

1503.32

0.12

128.00

1240.31

375.21

70.67

21.85

46.76

UDS

207.45

16.00

1388.94

0.00

30.28

4.47

764.29

9.15

9.99

5.54

KRYSTAL

615.35

14.01

859.76

0.24

17.41

5.92

360.71

11.65

16.36

6.33

INNOVISION

261.10

16.84

621.77

0.00

-73.55

-771.26

2638.15

948.03

37.59

-3.82

Dec 2024

Mar 2025

Jun 2025

Dec 2025

Mar 2026

Jun 2026

228

252

223

233

266

264

220

231

210

222

249

277

Operating Profit

-13

OPM %

3.48%

8.02%

5.81%

4.64%

6.50%

-5.06%

Interest

Depreciation

Profit before Tax

-10

Tax %

38.39%

32.96%

10.32%

43.71%

16.50%

31.98%

Net Profit

-7

1.87

6.08

6.87

3.09

5.88

-2.57

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

210

256

510

893

986

202

241

492

843

958

Operating Profit

OPM %

3.47%

5.62%

3.54%

5.64%

2.81%

Interest

Depreciation

Profit before Tax

Tax %

9.06%

21.91%

-1.34%

24.37%

15.86%

Net Profit

EPS

2.34

4.65

5.99

16.25

—

Dividend Payout %

0.00%

—

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

Trade Payables

Total Liabilities

108

159

234

107

Cash & Bank

Total Assets

108

159

234

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-22

Cash from Investing

-3

-34

Cash from Financing

-4

-2

-19

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2026

74.17

2.24

0.38

5.02

5.21

Government

0.00

18.57

20.24

Innovision Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Innovision Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI