Innovision Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
INNOVISION · price
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Innovision Limited reported standalone revenue of Rs 9,794 million for FY2026, up 9.7% from Rs 8,930 million in FY2025. Profit after tax grew 22.3% to Rs 375.6 million from Rs 307 million. The company completed its IPO during the year, raising Rs 3,192.5 million through fresh issue of 49.13 lakh shares at Rs 519 each. Borrowings increased significantly to Rs 1,236 million (debt-equity ratio of 0.42x). Cash flow from operations was negative at Rs 282 million despite positive profits. The company faces a GST demand of Rs 210 million for FY2019-20 and FY2023-24 against which it has filed appeals. Key segments are Security, Toll, and Skill Training with Toll being the largest revenue contributor at Rs 5,760 million.
The stock may face pressure due to negative operating cash flow despite profit growth, indicating potential earnings quality concerns. The significant IPO proceeds and increased borrowings warrant monitoring. GST demand of Rs 210 million represents a contingent liability.