MarketFriction

Innovassynth Technologies (India) Ltd

BSE 533315 · Commodity Chemicals
₹157.35 +1.98%
BSE close2026-10-01
Market cap₹1,405 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.0049.910.0012.2717.2821.9750.8355.99
Expenses0.080.080.090.090.1238.500.0927.8128.3826.0544.5441.02
Operating Profit-0.08-0.08-0.09-0.09-0.1211.41-0.09-15.54-11.10-4.086.2914.97
OPM %22.86%-126.65%-64.24%-18.57%12.37%26.74%
Other Income0.000.000.000.00-0.281.16-0.010.090.09-0.390.010.19
Interest0.090.090.120.090.101.790.111.351.761.892.232.00
Depreciation0.000.000.000.000.001.950.001.951.991.971.972.00
Profit before tax-0.17-0.17-0.21-0.18-0.508.83-0.21-18.75-14.76-8.332.1011.16
Tax %0.00%0.00%0.00%0.00%0.00%-4.08%0.00%-0.43%-3.25%-6.36%-469.52%39.61%
Net Profit-0.17-0.17-0.21-0.18-0.509.19-0.21-18.67-14.28-7.8011.956.74
EPS in Rs-0.06-0.06-0.07-0.06-0.152.67-0.06-5.43-4.15-0.841.290.73
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales00000000098102146
Expenses00000000077127140
Operating Profit-0-0-0-0-0-0-0-0-022-246
OPM %22%-24%4.2%
Other Income0000000001-0-0
Interest000000000478
Depreciation000000000488
Profit before tax-0-0-0-1-1-1-1-1-116-40-10
Tax %0%0%0%0%0%0%0%0%0%-29%-28%
Net Profit-0-0-0-1-1-1-1-1-120-29-3
EPS in Rs-0.11-0.11-0.13-0.18-0.18-0.17-0.22-0.22-0.235.86-3.10-2.97
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%135%
Compounded Profit Growth%%%74%
Stock Price CAGR33%53%83%86%
Return on Equity-3%-3%-4%-26%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital242424242424242424242875
Reserves-1-1-2-2-4-4-4111099519
Borrowings011122233457113
Other Liabilities00000011124271
Total Liabilities24242424232323393939223278
Fixed Assets0000000000129130
CWIP000000000014
Investments2424242423232339393902
Other Assets000000000094143
Total Assets24242424232323393939223278
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0-0-0-0-0-0-0-0-0-014-39
Cash from Investing Activity0000000000-21-9
Cash from Financing Activity0000100000-529
Net Cash Flow-0-0000-0-000-0-11-19
Free Cash Flow-0-0-0-0-0-0-0-0-0-013-45
CFO/OP95%85%73%48%129%106%100%84%89%92%69%160%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days58112
Inventory Days340530
Days Payable281376
Cash Conversion Cycle117266
Working Capital Days129145
ROCE %-1%-1%-1%-1%-2%-2%-1%-1%-1%-1%18%-16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters36.26%36.26%36.26%36.26%31.46%31.46%31.46%31.46%31.46%73.70%73.70%75.04%
FIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%1.39%1.39%1.13%
DIIs3.70%3.70%3.70%3.70%3.21%3.93%3.89%3.89%3.89%1.46%1.46%1.12%
Public60.03%60.03%60.02%60.03%65.31%64.59%64.64%64.64%64.63%23.46%23.46%22.71%
No. of Shareholders27,30227,13827,19426,99126,88227,30827,15727,11727,08626,95726,89827,084

Fundamentals

Market Cap₹ 1,405 Cr.
Current Price₹ 151
Book Value₹ 10.2
ROCE-16.4 %
ROE-25.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)135%
Compounded Profit Growth (TTM)74%
Standalone figures.
Valuation
Market capRs 1,187 Cr
Enterprise valueRs 1,295 Cr
Price to book12.56x
Price to sales8.13x
EV / EBITDA216.59x
EV / sales8.87x
Earnings yield-0.29%
P/E, 3-year average9.86x
P/B, 3-year average2.74x
P/E, 5-year average9.86x
P/B, 5-year average2.10x
Profitability
Operating margin (excl. other income)-23.86%
Operating margin (incl. other income)-24.06%
EBITDA margin4.09%
Pre-tax margin-6.73%
Net profit margin-2.32%
Net margin, latest quarter12.04%
ROE-26.46%
ROCE-16.78%
ROA-11.50%
ROE, 3-year average-0.94%
ROCE, 3-year average-0.04%
ROA, 3-year average0.70%
ROE, 5-year average-1.42%
ROCE, 5-year average-0.47%
ROA, 5-year average-0.34%
ROIC (approx.)-0.70%
Tax rate27.58%
Other income / net worth-0.22%
Growth
Sales growth (latest year)4.11%
Profit growth (latest year)-242.88%
Sales growth QoQ10.15%
Profit growth QoQ-43.60%
Sales growth YoY (latest quarter)356.32%
Per share
EPS (TTM)Rs -0.45
EPS (latest year)Rs -3.82
EPS (latest quarter)Rs 0.89
EPS, 3-year averageRs 1.03
EPS, 5-year averageRs 0.51
Book value per shareRs 12.52
Sales per shareRs 19.36
Cash flow per shareRs -5.17
Free cash flow per shareRs -5.96
Efficiency
Asset turnover0.37x
Fixed asset turnover0.79x
Inventory turnover1.35x
Inventory days271 days
Debtor days112 days
Debtors turnover3.26x
Creditor days376 days
Cash conversion cycle266 days
Working capital days145 days
Leverage
Total debtRs 113 Cr
Cash and bankRs 5 Cr
Net debtRs 108 Cr
Debt to equity1.19x
Net debt / EBITDA18.06x
Interest coverage-0.25x
Owners' fund to total sources34.00%
Debt to assets40.52%
Cash flow
Cash from Operating Activity (latest year)Rs -39 Cr
Cash from Investing Activity (latest year)Rs -9 Cr
Cash from Financing Activity (latest year)Rs 29 Cr
Net Cash Flow (latest year)Rs -19 Cr
Free cash flow (latest year)Rs -45 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Statement figures
Net sales (TTM)Rs 146 Cr
Net sales (latest year)Rs 102 Cr
Sales (latest quarter)Rs 56 Cr
Operating profit excl. other income (latest year)Rs -24 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -10 Cr
Tax (latest year)Rs -11 Cr
Net profit (TTM)Rs -3 Cr
Net profit (latest year)Rs -29 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 75 Cr
Total expenditure (latest year)Rs 127 Cr
Total income (latest year)Rs 102 Cr
Share capitalRs 75 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 94 Cr
Total assetsRs 278 Cr
Net blockRs 130 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 2 Cr
ReceivablesRs 31 Cr
InventoryRs 56 Cr
Other liabilitiesRs 71 Cr
Shares outstanding (crore)7.54
Ownership
Promoter holding75.04% (+43.58 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 12.56 is at the 91th percentile (median 4.22).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period533315Nifty 50Difference
1 week+10.3%-2.8% +13.1 pts
1 month+34.3%-6.8% +41.1 pts
3 months+109.8%-7.6% +117.4 pts
3 years+536.0%+14.2% +521.8 pts
5 years+821.8%+27.9% +793.9 pts

Red flags

F-score 0 of 8
explainReceivables outrunning sales Receivables grew 100% vs sales +4% in 2026
explainShare dilution Share count up 170% in a year, 211% in three
explainDebt up, profit down Borrowings up 97% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 68% vs sales +4% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹56 Cr +356.3% vs Jun 2025. Net profit ₹7 Cr +136.1%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Innovassynth Technologies (India) Ltd?

Innovassynth Technologies (India) Ltd (533315) has a market capitalisation of Rs 1,405 Cr. at the 2026-10-01 close.

What were Innovassynth Technologies (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Innovassynth Technologies (India) Ltd sales was Rs 56 Cr (+356.3% vs Jun 2025) and net profit was Rs 7 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03