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Innovators Facade Systems Limi

Capital Goods › Industrial Manufacturing
₹116.75
at close · 28 Oct 2026
▲ 5.75 (+5.18%)

Latest filings

Next results: Fri, 6 Nov · Financial Results
  1. Board to review half-year results on 6 November 2026 · Results
  2. IFSL board approves acquisition of ICWPL's remaining 51.03% via share swap · Strategic Transactions
  3. Board approves 51.03% ICWPL buyout through share swap · Strategic Transactions
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Designs, supplies, and installs facade systems — including windows and CRP (curtain reinforced panel) works — for commercial and residential building projects in India. Revenue is project-based, with the company securing work orders from real estate developers and then executing them over one- to two-year timelines. In FY26, new work orders of ₹57,179 lakhs were booked, a 134% increase over ₹24,430 lakhs in FY25, lifting the order book to an all-time high of ₹74,102 lakhs as of 31 March 2026, with an additional ₹18,306 lakhs of orders received after year-end. Notable wins include a ₹84.84 crore contract from Reliance Industries for the Anant Vilas Project in BKC, Mumbai and a ₹76.82 crore Letter of Award from Lodha Developers for the Lodha Worli Sea Face Project. The business operates as a single segment (facade systems, windows and CRP) with no separately reportable segments, and its wholly-owned subsidiary Innovators Engineering Works contributed zero revenue. Materials for facade fabrication are the dominant cost at 67.6% of revenue, followed by employee costs at 13.4% and other opex at 6.5%, with capex intensity low at 3.5% of revenue and ROCE at 14.13%.

Operating scale
Order book
₹74,102 lakhsAs of 31 March 2026
New orders secured in FY26
₹57,179 lakhsFY26
Reliance Industries — Anant Vilas Project, BKC Mumbai
₹84.84 crore (excluding taxes)Order received 4 May 2026
Lodha Developers — Lodha Worli Sea Face Project
₹76.82 crore (excluding taxes)Letter of Award 28 April 2026
Post year-end additional orders
₹18,306 lakhsAfter 31 March 2026
FY26 revenue from operations
₹22,751.51 lakhsFY26
Who pays it
Real estate developers for commercial and residential building projects (e.g., Reliance Industries, Lodha Developers)
Biggest cost
Raw materials for facade fabrication at 67.6% of revenue
Kind of business
Project-based, asset-light facade contracting with low capex intensity and a single operating segment
Where it sits
BSE-listed (scrip 541353) SME entity focused on building facade design, supply and installation in India; revenue ₹22,751.51 lakhs in FY26 with ROCE of 14.13%
Market Cap
₹220 Cr
P / E (TTM)
7.5×
EV / EBITDA
—
Div Yield
—
Growth
28.1%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
14.1%▲
ROCE (5y median)
ROE — · margin —
Leverage
—·
Debt / Equity · borrowings not filed
Revenue FY21→FY26
3.5×▲
Revenue change
₹66 Cr → ₹228 Cr
Moves on a normal day
2.12%·
Median daily move
Last 263 sessions · the yardstick for filing-day moves
Where it sits among 145 Industrial Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#17/130
ROCE#78/142
Revenue growth#45/114

Scorecard

Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 28% a year over 5 years
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from Innovators Facade Systems Limi's filed financials and exchange disclosures

What does Innovators Facade Systems Limi do?

Innovators Facade Systems Limi is a Industrial Manufacturing company listed on BSE.

Is Innovators Facade Systems Limi expensive compared with its peers?

On trailing P/E, Innovators Facade Systems Limi ranks 17 of 130 in Industrial Products — cheaper than 88% of them, against an industry median of 26.7×. This is a position, not a valuation judgement.

How much does the Innovators Facade Systems Limi share price move in a day?

On a typical session Innovators Facade Systems Limi moves 2.12% — that is the median absolute close-to-close move across its last 263 trading days. MarketPing measures each filing's price reaction against it.

When are Innovators Facade Systems Limi's next results?

Financial Results on Fri, 6 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track Innovators Facade Systems Limi's announcements?

Every NSE and BSE filing by Innovators Facade Systems Limi appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.