What the business is, and whether it's a good one at a fair price.
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%.
Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from Innovators Facade Systems Limi's filed financials and exchange disclosures
Innovators Facade Systems Limi is a Industrial Manufacturing company listed on BSE.
Effectively yes. It holds ₹41 Cr more cash than debt.
On trailing P/E, Innovators Facade Systems Limi ranks 15 of 138 in Industrial Products — cheaper than 90% of them, against an industry median of 26.9×. This is a position, not a valuation judgement.
On a typical session Innovators Facade Systems Limi moves 1.93% — that is the median absolute close-to-close move across its last 265 trading days. Announcement days are routinely larger.
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.
