Innovision Ltd.
•₹ 264.55-1.82%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Toll Collection: 56.2% • Security Service: 41.4% • Skills, Training & Development Income: 2.5%
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%
- 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
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | URBANCO | 147.40 | 0.00 | 22731.74 | 0.00 | -921.20 | -13373.78 | 5283.40 | 1338.56 | -8.23 | -18.44 |
| 2. | BLS | 271.30 | 15.83 | 11170.53 | 0.92 | 201.62 | 11.41 | 890.53 | 25.33 | 41.51 | 28.34 |
| 3. | SIS | 413.85 | 39.92 | 5848.98 | 1.69 | 101.66 | 9.37 | 4603.58 | 29.73 | 7.39 | 4.66 |
| 4. | QUESS | 336.50 | 19.90 | 5025.96 | 3.27 | 82.12 | 61.07 | 4181.68 | 14.52 | 24.72 | 2.02 |
| 5. | BLSE | 314.00 | 49.09 | 2852.89 | 0.16 | 18.63 | 6.30 | 304.09 | 24.63 | 17.52 | 6.98 |
| 6. | TEAMLEASE | 1239.85 | 12.80 | 1894.66 | 0.00 | 34.45 | 37.74 | 3034.69 | 4.96 | 14.52 | 1.05 |
| 7. | BLUSPRING | 119.80 | 0.00 | 1791.04 | 0.00 | -1.58 | 77.90 | 949.29 | 19.07 | 1.32 | 2.17 |
| 8. | KAPSTON | 523.40 | 52.23 | 1592.82 | 0.00 | 84.89 | 1284.83 | 2216.57 | 1062.33 | 13.16 | 6.56 |
| 9. | UDS | 216.75 | 16.72 | 1451.21 | 0.00 | 30.28 | 4.47 | 764.29 | 9.15 | 9.99 | 5.54 |
| 10. | GCSL | 522.95 | 46.36 | 1263.41 | 0.13 | 12.80 | 1240.31 | 37.52 | 70.71 | 21.85 | 46.76 |
| 11. | KRYSTAL | 628.70 | 14.31 | 878.42 | 0.24 | 17.41 | 5.92 | 360.71 | 11.65 | 17.52 | 6.33 |
| 12. | INNOVISION | 266.95 | 17.22 | 635.70 | 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 | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 1 | 1 | 3 |
| Interest | 2 | 4 | 3 | 4 | 4 | 3 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 0 |
| 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 |
| 2 | 6 | 1 | 3 | 6 | -0 | |
| Equity Capital | 19 | 19 | 19 | 19 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 19 | 19 | 19 | 19 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 228
- 220
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 6
- Tax %
- 38.39%
- Net Profit
- 4
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 252
- 231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 17
- Tax %
- 32.96%
- Net Profit
- 11
- 6
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 223
- 210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 0
- 14
- Tax %
- 10.32%
- Net Profit
- 13
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 233
- 222
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 8
- Tax %
- 43.71%
- Net Profit
- 5
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 266
- 249
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 14
- Tax %
- 16.50%
- Net Profit
- 12
- 6
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 264
- 277
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 0
- -10
- Tax %
- 31.98%
- Net Profit
- -7
- -0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
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 | 9 | 17 | 20 | 53 | — |
| OPM % | 4 | 6 | 4 | 6 | — |
| Other Income | 1 | 2 | 2 | 3 | 7 |
| Interest | 4 | 5 | 7 | 10 | 14 |
| Depreciation | 1 | 1 | 2 | 2 | 2 |
| 4 | 11 | 11 | 41 | 27 | |
| Tax % | 9 | 22 | -1 | 24 | 16 |
| Net Profit | 4 | 8 | 11 | 31 | 23 |
| EPS | 2 | 5 | 6 | 16 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 4 | 6 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 4 | 6 | 16 | — |
Mar 2022
- 210
- 202
- Operating Profit
- 9
- OPM %
- 4
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 4
- Tax %
- 9
- Net Profit
- 4
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 256
- 241
- Operating Profit
- 17
- OPM %
- 6
- Other Income
- 2
- Interest
- 5
- Depreciation
- 1
- 11
- Tax %
- 22
- Net Profit
- 8
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2024
- 510
- 492
- Operating Profit
- 20
- OPM %
- 4
- Other Income
- 2
- Interest
- 7
- Depreciation
- 2
- 11
- Tax %
- -1
- Net Profit
- 11
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 893
- 843
- Operating Profit
- 53
- OPM %
- 6
- Other Income
- 3
- Interest
- 10
- Depreciation
- 2
- 41
- Tax %
- 24
- Net Profit
- 31
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
TTM
- 986
- 958
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 14
- Depreciation
- 2
- 27
- Tax %
- 16
- Net Profit
- 23
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
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 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 1 | 1 | 19 | 19 |
| 29 | 38 | 34 | 65 | |
| 26 | 24 | 33 | 69 | |
| Trade Payables | 1 | 1 | 2 | 2 |
| 35 | 44 | 71 | 79 | |
| Total Liabilities | 94 | 108 | 159 | 234 |
| ASSETS | - | - | - | - |
| 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 |
| Total Debt | 34 | 33 | 48 | 79 |
| Net Working Capital | 21 | 35 | 31 | 59 |
| Contingent Liabilities | 6 | 13 | 30 | 41 |
| Book Value per Share | 228.11 | 292.40 | 26.82 | 43.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 34 | 33 | 48 | 79 |
| Net Working Capital | 21 | 35 | 31 | 59 |
| Contingent Liabilities | 6 | 13 | 30 | 41 |
| Book Value per Share | 228.11 | 292.40 | 26.82 | 43.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 1
- 29
- 26
- Trade Payables
- 1
- 35
- Total Liabilities
- 94
- 3
- 1
- 0
- Cash & Bank
- 25
- 65
- Total Assets
- 94
- Total Debt
- 34
- Net Working Capital
- 21
- Contingent Liabilities
- 6
- Book Value per Share
- 228.11
- Face Value
- 10.00
- Total Debt
- 34
- Net Working Capital
- 21
- Contingent Liabilities
- 6
- Book Value per Share
- 228.11
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 1
- 38
- 24
- Trade Payables
- 1
- 44
- Total Liabilities
- 108
- 3
- 0
- 0
- Cash & Bank
- 26
- 79
- Total Assets
- 108
- Total Debt
- 33
- Net Working Capital
- 35
- Contingent Liabilities
- 13
- Book Value per Share
- 292.40
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- 35
- Contingent Liabilities
- 13
- Book Value per Share
- 292.40
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 19
- 34
- 33
- Trade Payables
- 2
- 71
- Total Liabilities
- 159
- 8
- 0
- 63
- Cash & Bank
- 35
- 53
- Total Assets
- 159
- Total Debt
- 48
- Net Working Capital
- 31
- Contingent Liabilities
- 30
- Book Value per Share
- 26.82
- Face Value
- 10.00
- Total Debt
- 48
- Net Working Capital
- 31
- Contingent Liabilities
- 30
- Book Value per Share
- 26.82
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 19
- 65
- 69
- Trade Payables
- 2
- 79
- Total Liabilities
- 234
- 7
- 0
- 107
- Cash & Bank
- 41
- 80
- Total Assets
- 234
- Total Debt
- 79
- Net Working Capital
- 59
- Contingent Liabilities
- 41
- Book Value per Share
- 43.33
- Face Value
- 10.00
- Total Debt
- 79
- Net Working Capital
- 59
- Contingent Liabilities
- 41
- Book Value per Share
- 43.33
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 5 | 3 | 6 | -22 | |
| Cash from Investing | -3 | 1 | -34 | 2 |
| Cash from Financing | -4 | -4 | 9 | 23 |
| -2 | 0 | -19 | 3 | |
| Free Cash Flow | 5 | 2 | 0 | -23 |
| OCF / Net Profit | 1.21 | 0.42 | 0.55 | -0.72 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 1.21 | 0.42 | 0.55 | -0.72 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 5
- Cash from Investing
- -3
- Cash from Financing
- -4
- -2
- Free Cash Flow
- 5
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2023
- 3
- Cash from Investing
- 1
- Cash from Financing
- -4
- 0
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.42
- Cumulative 5-Year FCF
- 0
Mar 2024
- 6
- Cash from Investing
- -34
- Cash from Financing
- 9
- -19
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.55
- Cumulative 5-Year FCF
- 0
Mar 2025
- -22
- Cash from Investing
- 2
- Cash from Financing
- 23
- 3
- Free Cash Flow
- -23
- OCF / Net Profit
- -0.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.72
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 30.03 | 60.77 | 5.99 | 16.25 |
| Book Value (₹) | 228.11 | 292.40 | 26.82 | 43.33 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.55 | 4.82 | 6.91 | 17.53 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 4.16% | 6.48% | 3.54% | 5.64% |
| Net Margin % | 1.93% | 3.21% | 2.22% | 3.44% |
| ROE % | 13.16% | 23.35% | 25.12% | 46.32% |
| ROCE % | 12.24% | 22.71% | 21.11% | 39.10% |
| 4.33% | 8.12% | 8.48% | 15.65% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 81 | 73 | 43 | 35 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 |
| 81 | 73 | 43 | 35 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 1.11x | 0.84x | 0.95x | 0.97x |
| Interest Coverage (x) | 2.27x | 3.04x | 2.61x | 4.99x |
| 1.39x | 1.62x | 1.34x | 1.46x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 21.82% | 99.70% | 74.99% |
| Operating Profit Growth % | 0.00% | 89.54% | 19.94% | 167.94% |
| Net Profit Growth % | 0.00% | 102.37% | 38.02% | 171.16% |
| 0.00% | 0.00% | -90.14% | 171.16% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 1.63x | 1.08x |
Mar 2022
- EPS (₹)
- 30.03
- Book Value (₹)
- 228.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.55
- Operating Margin %
- 4.16%
- Net Margin %
- 1.93%
- ROE %
- 13.16%
- ROCE %
- 12.24%
- 4.33%
- Debtor Days
- 81
- Inventory Days
- 0
- Payable Days
- 0
- 81
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 2.27x
- 1.39x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 60.77
- Book Value (₹)
- 292.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.82
- Operating Margin %
- 6.48%
- Net Margin %
- 3.21%
- ROE %
- 23.35%
- ROCE %
- 22.71%
- 8.12%
- Debtor Days
- 73
- Inventory Days
- 0
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 3.04x
- 1.62x
- Revenue Growth %
- 21.82%
- Operating Profit Growth %
- 89.54%
- Net Profit Growth %
- 102.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 5.99
- Book Value (₹)
- 26.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.91
- Operating Margin %
- 3.54%
- Net Margin %
- 2.22%
- ROE %
- 25.12%
- ROCE %
- 21.11%
- 8.48%
- Debtor Days
- 43
- Inventory Days
- 0
- Payable Days
- 0
- 43
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 2.61x
- 1.34x
- Revenue Growth %
- 99.70%
- Operating Profit Growth %
- 19.94%
- Net Profit Growth %
- 38.02%
- -90.14%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.63x
Mar 2025
- EPS (₹)
- 16.25
- Book Value (₹)
- 43.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.53
- Operating Margin %
- 5.64%
- Net Margin %
- 3.44%
- ROE %
- 46.32%
- ROCE %
- 39.10%
- 15.65%
- Debtor Days
- 35
- Inventory Days
- 0
- Payable Days
- 0
- 35
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 4.99x
- 1.46x
- Revenue Growth %
- 74.99%
- Operating Profit Growth %
- 167.94%
- Net Profit Growth %
- 171.16%
- 171.16%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.08x
Documents
Announcements
- Press Release
2026-08-13 - Innovision Limited Reports Q1 FY27 Total Income of ₹263.82 Cr, Up 18.29% YoY;Reports EBITDA Loss of ₹10.08 Cr and PAT Loss of ₹7.36 Cr; Toll Orderbook Crosses₹1,214 Cr
- Copy of Newspaper Publication
2026-08-13 - Innovision Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.