Innovana Thinklabs Ltd - History, Latest Updates, Milestones, Subsidiaries & Share Price
Overview of the Company
Innovana Thinklabs Ltd. is a dynamic participant in the fields of software development and digital marketing, specializing in innovative utility applications and tools. It is based in Jaipur, Rajasthan, and was established in 2015 with CMMI Level 3 and ISO certifications. It maintains a global presence with more than 100 products available in 126 countries and 13 languages.
Core Business
The firm also excels in developing system optimization software such as Ad-Blocker, Disk Cleanup Pro, and Password Managers, alongside mobile applications for iOS and Android like FreeUpSpace and Duplicate Photos Cleaner. These products improve the performance, security, and productivity of a device while serving users worldwide at the retail level; to date, it has accumulated 1.5 million downloads and 10 million monthly visitors.
Financial Snapshot
Innovana Thinklabs share price has seen volatility and now changes hands at Rs.404-Rs.446 approximately. Market capitalization stands higher than Rs.1,000 crore. Revenue for FY25 stood at Rs.103 crore while net profit at Rs.44.7 crore, showing stable growth in the IT software industry.
Growth Drivers
The promoter holding at 73% signals stability, while a focus on niche technologies positions the company for expansion amid rising digital demand. Investors closely monitor Innovana Thinklabs share price because of its high return on equity and edge in innovation.
Recent Developments in 2025
Innovana Thinklabs Ltd ended 2025 on a steadily rising curve in software development, even as the Innovana Thinklabs share price see-sawed in response to market mood. The turning points in 2025 included good quarterly performances, a restructuring phase, and further expansion strategies, which kept the market interest alive in spite of Innovana Thinklabs share price fluctuations.
January 2025
Starting well with decent Q3 FY25 results, margins held well against challenges in the industry. The Innovana Thinklabs share price continued trading in the range of Rs.430 and Rs.460, reflecting optimism seen in previous quarters. The expansion of subsidiaries in tech & infrastructure saw momentum.
February 2025
The talks on the board were about Q4 preparations, and the text referred to profit-making. Innovana Thinklabs share price stayed around Rs.440, aided by IT sector gains. There were initial signs of a easy process for debt management.
March 2025
Q4FY25 numbers reported a net profit growth of 33% to Rs.11.4 crore, along with a 22% increase in sales to Rs.26.59 crore, pushing the Innovana Thinklabs share price to test Rs.271 levels, although it soon recovered. The annual numbers for FY25 reported revenue of Rs.103 crore, along with a net profit of Rs.44.7 crore.
April 2025
The momentum created from the fourth quarter continued into the first half of 2025 and focused on enhancements to their product offerings, including their line of antivirus protection solutions. Innovana Thinklabs share price began to recover and synchronize with the increase of their peers within the information technology sector. Issues related to their working capital were addressed.
June 2025
The preparations began for the AGM, along with other developments related to fitness and games labs. Innovana Thinklabs share price remained volatile but showed an overall positive bias in the Rs.360-Rs.400 levels, as global downloads of their product touched various milestones.
June 2025
Innovana Thinklabs share price traded in the range of Rs.370 to Rs.415, thanks to operating margins sustaining over 50%. The key area mentioned in the Q1 FY26 buildup was the expansion in digital marketing. Revenue growth was compounded at a rate of approximately 10% over five years.
July 2025
The board authorized a share capital expansion of 10 lakh, and an EGM was proposed on July 23; Adcounty Media reduced its holding to 17.79%. Innovana Thinklabs share price touched a historical high of Rs.648.
August 2025
Q1 FY26 sales came out at Rs.34.92 crore, with the Innovana Thinklabs share price closing near Rs.548, up 2.43% during the day. There has been positive diversification with changes in the strategies of the subsidiaries, such as Innovana Infrastructure.
September 2025
The annual general meeting (AGM) of September 30 reviewed FY25 finances, ratified/reappointed directors and auditors, and appointed Varun Kaul as independent director. Innovana Thinklabs share price traded around Rs.490 with the portfolio strength of more than 100 products.
October 2025
Warrants converted into 1.6 lakh equity shares, increasing the company’s equity by Rs 5.17 crore, with the total equity rising to 2.06 crore shares. Innovana Thinklabs share price saw the effects of such filings, with the company’s Q2 revenue rising to Rs 37.
November 2025
Innovana Infrastructure acquired a 43% stake in Innovana Real Estate for Rs.2.15 lakh, thus further increasing the real estate presence. Innovana Thinklabs share price performed calmly, thanks to a promoter holding of 73.2%.
December 2025
There has been a strategic shift, and a press note came on December 22; for Q2, the net profit is Rs.11.85 crore, and EBITDA is Rs.18.62 crore. The end of the month , Innovana Thinklabs share price closed with a decline of around 12% to around Rs.440-Rs.480, and the ROCE continues to be strong at 25.6%.
Evolution
2015: Foundation Year
Innovana Thinklabs Ltd. was earlier known as PCVARK Software Private Limited, which came into existence on April 13, 2015, in Jaipur, Rajasthan. It was founded by Chandan Garg and Kapil Garg, two IT veterans. The promoters, leveraging prior experience from scaling Systweak Software to over $100 million in turnover, shifted the registered office to Ajmer Road and focused on affordable Windows and Mac software solutions. This laid the bedrock for accessible tech products amidst a nascent market presence.
2016-2017: Public Transition
The company operated privately in 2016, building its software portfolio before converting to a public limited entity on June 27, 2017, as PCVARK Software Limited. By August 30, 2017, it rebranded to Innovana Thinklabs Limited, signaling ambitions in innovative tech development. These changes thus positioned the firm for market entry, which finally came with the NSE SME IPO in December 2017 at Rs.70 per share.
2018-2020: Post-Listing Growth
After its 2017 December listing, Innovana Thinklabs operations stabilized, and the Innovana Thinklabs share price history showed early volatility from an initial base of around Rs.36 to Rs.138 range by 2020. Financials reflected steady revenue growth on the back of software optimization tools, with net sales rising from Rs.30.50 crore in FY20 compared to previous years. The period underlined product refinement in a competitive sector, while clocking EPS of Rs.8.60-Rs.11.10.
2021-2022: Surge in Performance
Innovana Thinklabs share price shot up fast, recording a +269% return at Rs. 138.60 in 2021 and +67% at Rs. 232 each in 2022, according to Innovana Thinklabs Ltd share price history, on the back of market demand for digital solutions. Revenue grew to reach Rs. 41.91 crore in FY21 and Rs. 48.51 crore in FY22, net profit touched Rs. 9.72 crore amidst pandemic-led tech adoption, and operational expansions solidified its place in system utilities.
2023-2025: Maturity and Expansion
Bonus shares issued 1:1 in 2023 boosted shareholder value, along with +141% Innovana Thinklabs share price gains to Rs.560, reflecting strong momentum in Innovana Thinklabs share price history. In FY24-25, it reported consolidated revenue crossing Rs.100 crore-Rs.103.48 crore in FY25 and a PAT of Rs.44.14 crore, showing a 7.76% YoY increase, while Q1 FY26 profits increased by 33%. Recent board decisions regarding warrants in 2025 indicate ongoing growth of software and digital marketing business. Currently, the market capitalization nears Rs.1,000 crore, underpinning sustained evolution.
Company Information
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Company Information |
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Trade Name |
Innovana Thinklabs Ltd. |
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Founded year |
2015 |
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Headquarters |
Jaipur, Rajasthan |
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Industry |
IT Services and IT Consulting / Software Development |
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Chairman |
Chandan Garg (MD & CEO) |
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Revenue |
Rs.110 Cr (TTM as of latest data) |
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NSE code |
INNOVANA |
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BSE code |
544302 |
Milestones, Awards and Achievements
Major Milestones:
It is incorporated as PCVARK Software Private Limited on 13 April, 2015, under the Companies Act, 2013, in Rajasthan.
Transferred to a public limited company and changed name to PCVARK Software Limited in June 2017 pursuant to a special resolution of the shareholders.
Later renamed to Innovana Thinklabs Limited, symbolizing expansion into technology and digital solutions.
Increased the product offerings to 100+ software tools and applications with more than 1.5 million downloads worldwide.
Reached an audience size in excess of 100-126 countries with services in around 13 languages, signifying significant international reach.
* Achieved the highest ever turnover in the history of the company in FY 2023-24, registering growth supported by revenue and profit growth.
Major Certifications
Achieved ISO 9001:2015 certification for the Quality Management System, proving conformity with global quality standards.
Has ISO/IEC 20000-1:2011 certification for secured IT Service
Obtained ISO 27001:2013 certification in information security and emphasized effective data protection processes.
Appraised at CMMI Maturity Level 3 for Development and Services. The CMMI Maturity Level 3 establishes specific and detailed software and service development processes.
Awards and Recognition
Rajasthan State Export Award Conferred in 2019 for Maximum Growth in Computer Software Sector during the period 2018-2019.
Award received by CEO Chandan Garg from the Chief Minister of Rajasthan, recognizing the company's export excellence achieved from their home state.
Business Performance Highlights
Known for being a prominent software development and digital services company with a focus on system optimization, privacy, and utility tools.
Reported a substantial year-on-year increase in revenue and profit after tax in FY 2023-24, driven by enhanced sales and management of costs.
News, Major Corporate Actions & Announcements in 2025
The year 2025 was marked by crucial board meetings, financial revelations, and events for shareholders of Innovana Thinklabs Ltd, which had impacted the Innovana Thinklabs share price. There were revelations of increases in software development and digital marketing.
Main Board Meetings
The Board met on February 12 to discuss quarterly results for Q3 of FY25.
Audited FY25 results were approved, recording the growth of net profit of Rs.41.61Cr, reflecting consolidation.
June 27 meeting included proposals on fund-raising and hinted at expansion plans due to encouraging market trends in Innovana Thinklabs share price.
Earnings Announcements
Q4 FY25 results declared on May 29 reflected a 33.49% growth in net profit in the March quarter, thus increasing investor confidence.
Profits during the June 2025 quarter were up by 27.59% to the figure of Rs.13.12 Cr, along with a growth of
The November 14 board meeting covered the outcome of Q2 of FY26, retaining the revenue above Rs.100 Cr every year.
Shareholder Events
The Extraordinary General Meeting held on July 23 has approved strategic issues, while Q1 FY26 results will be announced on August 13.
September 30: 10th Annual General Meeting adopted FY25 financial statements, ratified board of directors, appointed auditors, and ratified independent director Varun Kaul.
The announcement on October 13 indicated the conversion of 1,60,000 warrants into equity shares, raising Rs.5.17 Cr.
Other Key Developments
The company on November 25 acquired the 43% stake of Innovana Infrastructure in Innovana Real Estate for Rs.2.15 lakh. No dividend, bonus, or split declared, highlighting on the reinvestment strategy during the Innovana Thinklabs share price between Rs.270 to Rs.650
Innovana Thinklabs Share Price NSE
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Company Name |
Sector |
Share Price Link |
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Innovana Thinklabs Ltd. |
Software & IT Services |
Conclusion
Innovana Thinklabs Ltd. remains a well-established CMMI Level 3-certified innovation company in the software sector since 2015, having developed and delivered more than 100 utility apps in 126 countries and achieved 1.5 million downloads. The company's FY25 revenue reached Rs.103 crore and the net profit at Rs.44.7 crore, largely due to growth during the second quarter of FY26 and their subsidiaries under the infrastructure business. The Innovana Thinklabs share price fluctuated largely around Rs.440; however, its promoter holding of 73% and return on invested capital of 25.6% indicate good growth prospects through the analysis of Enrich Money.
Frequently Asked Questions
What is the present Innovana Thinklabs Ltd share price?
The present Innovana Thinklabs share price is an indication of how the company is doing, and this information is available on the Enrich Money platform.
Where can I find Innovana share price NSE information ?
Innovana Thinklabs share price can be accessed on the Enrich Money's ORCA mobile trading app.
What is the Innovana Thinklabs Ltd share price target for 2025?
Analysts’ Innovana Thinklabs share price target is based on earnings growth and market trends.
What is the Innovana thinklabs ltd share price prediction for the future?
Innovana Thinklabs share price forecast has a positive outlook for long-term growth based on its financial performance.
What is the outlook for the Innovana Thinklabs share price future?
Innovana Thinklabs share price in the future seems positive because of their smooth operations and innovative digital products.
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