Innovators

  • Market Cap: Micro Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE870Z01015
  • NSEID:
  • BSEID: 541353
INR
121.00
-2.25 (-1.83%)
BSENSE

Jul 10, 03:30 PM

BSE+NSE Vol: 13600

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

13.6 k (-11.46%) Volume

Shareholding (Mar 2026)

FII

0.27%

Held by 1 FIIs

DII

1.12%

Held by 0 DIIs

Promoter

63.71%

Why is Innovators Facade Systems Ltd falling/rising?

13-Jul-2026

As of 12-Jul, Innovators Facade Systems Ltd's stock price is declining at 121.00, down 1.83%, and has significantly underperformed the Sensex across various time frames, with a year-to-date drop of 34.24% compared to the Sensex's 8.98% decrease. Despite increased investor participation, the stock continues to trade below its moving averages, reflecting negative sentiment.

As of 12-Jul, Innovators Facade Systems Ltd is experiencing a decline in its stock price, currently at 121.00, which reflects a change of -2.25 (-1.83%). This downward movement is evident in the stock's performance over various periods, where it has underperformed significantly compared to the benchmark Sensex. Over the past week, the stock has decreased by 2.42%, while the Sensex has only fallen by 0.25%. In the last month, the stock has dropped by 13.57%, contrasting sharply with the Sensex's gain of 4.85%.<BR><BR>Year-to-date, Innovators Facade Systems Ltd has seen a substantial decline of 34.24%, compared to the Sensex's decrease of 8.98%. Over the past year, the stock has fallen by 40.98%, while the Sensex has only decreased by 6.76%. Even over a three-year period, the stock has declined by 21.56%, while the Sensex has increased by 18.71%. However, over the last five years, the stock has shown a significant increase of 210.26%, outperforming the Sensex's 48.07% rise.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.17%. Additionally, it is trading lower than its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a rise in investor participation, with delivery volume increasing by 150% against the 5-day average, the overall sentiment remains negative, contributing to the stock's decline.

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Which are the latest news on Innovators?

12-Jul-2026
No latest news for Innovators found.

What does Innovators do?

11-Jun-2026

Innovators Facade Systems Ltd is a micro-cap company in the industrial manufacturing sector, specializing in facade systems. It was incorporated in 1999, became public in 2018, and has a market cap of INR 263 Cr, with key metrics including a P/E of 20.00 and a debt-equity ratio of 0.07.

Overview:<BR>Innovators Facade Systems Ltd operates in the industrial manufacturing sector, focusing on facade systems, and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated in 1999 as Innovators Engineers & Contractors Private Limited. It changed its name to Innovators Facade Systems Private Limited in 2005 and became a public limited company, adopting its current name on February 15, 2018. Revenue and profit data are not available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 263 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00<BR>Industry P/E: 35<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.07<BR>Return on Equity: 9.10%<BR>Price to Book: 1.79<BR><BR>Contact Details:<BR>Address: 204 B-65 Sector No 1, Shanthi Nagar Mira Road (East) Thane Maharashtra : 401107<BR>Website: http://www.innovators.in

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Who are in the management team of Innovators?

11-Jun-2026

The management team of Innovators includes Radheshyam Sharma (Chairman & Managing Director), Sunil Deshpande, Poonam Bhati, Subhash Chand Gupta (all Independent Directors), Shivchand Sharma (Director), Raman Shivchand Sharma (Director & CEO), and Vedashri Chaudhari (Company Secretary & Compliance Officer), who oversee the company's strategic direction and regulatory compliance.

The management team of Innovators includes the following individuals:<BR><BR>1. Radheshyam Sharma - Chairman & Managing Director<BR>2. Sunil Deshpande - Independent Director<BR>3. Poonam Bhati - Independent Director<BR>4. Subhash Chand Gupta - Independent Director<BR>5. Shivchand Sharma - Director<BR>6. Raman Shivchand Sharma - Director & Chief Executive Officer<BR>7. Vedashri Chaudhari - Company Secretary & Compliance Officer<BR><BR>This team is responsible for guiding the company's strategic direction and ensuring compliance with regulatory requirements.

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Who are the peers of the Innovators?

11-Jun-2026

Peers of Innovators include Batliboi, Cospower Engine, Mahindra EPC, Josts Engg. Co., Birla Precision, Tulive Developer, TRF, Active Infra, and Apex Ecotech. Innovators has below average management risk and an average capital structure, with a 1-year return of -30.17%, better than Josts Engg. Co. but worse than Cospower Engine's 154.43%.

Peers: The peers of Innovators are Batliboi, Cospower Engine., Mahindra EPC, Josts Engg. Co., Birla Precision, Tulive Developer, TRF, Active Infra., Apex Ecotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Apex Ecotech and TRF, while Average management risk is found at Batliboi, Cospower Engine., Mahindra EPC, Josts Engg. Co., Birla Precision, and Active Infra. Innovators has a Below Average management risk. For growth, Excellent growth is noted at Cospower Engine. and Innovators, while Good growth is seen at Batliboi and Apex Ecotech. Below Average growth is present at Mahindra EPC, Josts Engg. Co., Birla Precision, and Active Infra., and Tulive Developer does not qualify. In terms of capital structure, Excellent capital structure is found at Apex Ecotech, while Good capital structure is noted at Josts Engg. Co. and Birla Precision. Innovators has an Average capital structure, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: Cospower Engine. has the highest 1-year return at 154.43%, while Josts Engg. Co. has the lowest at -49.80%. Innovators' 1-year return of -30.17% is better than Josts Engg. Co. but worse than Cospower Engine. Additionally, the six-month return is negative for Batliboi, Mahindra EPC, Josts Engg. Co., TRF, and Innovators.

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Is Innovators overvalued or undervalued?

05-Dec-2025

As of December 4, 2025, Innovators is considered very attractive and undervalued with a PE ratio of 22.96, an EV to EBIT of 13.63, and a ROCE of 17.24%, significantly lower than its expensive peers, and despite recent stock performance lagging, it has shown strong long-term returns of 218.41% over three years and 530.54% over five years.

As of 4 December 2025, the valuation grade for Innovators has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 22.96, an EV to EBIT of 13.63, and a ROCE of 17.24%. <BR><BR>In comparison to its peers, Innovators stands out with a PE ratio that is significantly lower than Rail Vikas at 57.4 and Tube Investments at 83.02, both of which are categorized as very expensive. Additionally, Innovators' EV to EBITDA ratio of 11.53 is more favorable than the average of its peers, reinforcing its undervaluation. Despite recent stock performance lagging behind the Sensex, particularly over the past month and year, the long-term returns of 218.41% over three years and 530.54% over five years suggest strong potential for recovery and growth.

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How has been the historical performance of Innovators?

13-Nov-2025

Innovators has shown significant growth in net sales and profitability, with net sales increasing from 65.87 Cr in Mar'21 to 221.37 Cr in Mar'25, and profit after tax rising from 8.42 Cr to 15.76 Cr in the same period, indicating strong financial performance. Total assets also grew to 280.96 Cr in Mar'25, reflecting a robust upward trend.

Answer:<BR>The historical performance of Innovators shows a significant upward trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Innovators has demonstrated a strong growth trajectory in net sales, increasing from 65.87 Cr in Mar'21 to 221.37 Cr in Mar'25, with a notable rise from 181.17 Cr in Mar'23 to 215.11 Cr in Mar'24. The total operating income followed a similar pattern, reaching 221.37 Cr in Mar'25, up from 181.17 Cr in Mar'23. Operating profit (PBDIT) also improved significantly, climbing to 35.54 Cr in Mar'25 from 19.09 Cr in Mar'23, indicating a healthy operating profit margin of 14.6% in Mar'25. Profit before tax rose to 21.15 Cr in Mar'25, compared to 9.72 Cr in Mar'23, while profit after tax reached 15.76 Cr in Mar'25, up from 8.42 Cr in Mar'23. The company's total assets increased to 280.96 Cr in Mar'25 from 254.70 Cr in Mar'23, and total liabilities also rose to 280.96 Cr in Mar'25 from 271.05 Cr in Mar'24. Cash flow from operating activities showed a positive trend, with 3.00 Cr in Mar'25 compared to 16.00 Cr in Mar'23. Overall, Innovators has shown consistent growth in sales, profits, and asset base, reflecting a robust financial performance.

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How big is Innovators?

24-Jul-2025

As of 24th July, Innovators Facade Systems Ltd has a market capitalization of 377.00 Cr, classifying it as a Micro Cap company. Recent quarterly performance data, including Net Sales and Net Profit, is unavailable, while as of March 2024, Shareholder's Funds are 145.59 Cr and Total Assets are 271.05 Cr.

As of 24th July, Innovators Facade Systems Ltd has a market capitalization of 377.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent quarterly performance data is not available, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>In the balance sheet snapshot for the reporting period of March 2024, Shareholder's Funds are valued at 145.59 Cr, and Total Assets amount to 271.05 Cr.

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Who are the top shareholders of the Innovators?

17-Jul-2025

The top shareholders of Innovators are Jolly Multi Trade Private Limited with 24.07%, followed by public shareholder Vijay Kedia at 10.66%. Individual investors collectively own 28.88%, with no mutual funds or foreign institutional investors holding shares.

The top shareholders of Innovators include Jolly Multi Trade Private Limited, which holds the highest stake at 24.07%. Following that, Vijay Kedia is the highest public shareholder with a holding of 10.66%. Additionally, individual investors collectively hold 28.88% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

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What is the technical trend for Innovators?

09-Jun-2025

As of June 2, 2025, the technical trend for Innovators has shifted to a bearish stance with moderate strength, driven by bearish daily moving averages and weekly Bollinger Bands, despite mixed signals from the MACD and KST indicators.

As of 2 June 2025, the technical trend for Innovators has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearish momentum, and the weekly Bollinger Bands also reflecting a bearish outlook. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals across time frames. The KST is bearish on the weekly and mildly bearish on the monthly, further supporting the bearish trend. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Innovators.

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When is the next results date for Innovators?

06-Jun-2025

No Upcoming Board Meetings

Has Innovators declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
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Strong Sell
Sell
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Strong Buy

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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Industrial Manufacturing

stock-summary
Market cap

INR 230 Cr (Micro Cap)

stock-summary
P/E

17.00

stock-summary
Industry P/E

36

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.07

stock-summary
Return on Equity

9.10%

stock-summary
Price to Book

1.56

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.1%
0%
-10.1%
6 Months
-34.95%
0%
-34.95%
1 Year
-40.98%
0%
-40.98%
2 Years
-48.05%
0%
-48.05%
3 Years
-21.56%
0%
-21.56%
4 Years
115.88%
0%
115.88%
5 Years
210.26%
0%
210.26%

Innovators for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Audited Financial Results For Half Year And Year Ended 31.03.2026

30-May-2026 | Source : BSE

Audited Financial Results for Half Year and Year ended 31.03.2026

Announcement under Regulation 30 (LODR)-Press Release / Media Release

30-May-2026 | Source : BSE

Press Release on the Audited Financial Results for the half year & year ended 31.03.2026.

Audited Financial Results For Half Year And Year Ended 31.03.2026

30-May-2026 | Source : BSE

Audited Financial Results for Half Year and Year ended 31.03.2026

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
28.10%
EBIT Growth (5y)
42.40%
EBIT to Interest (avg)
2.47
Debt to EBITDA (avg)
2.84
Net Debt to Equity (avg)
0.07
Sales to Capital Employed (avg)
1.08
Tax Ratio
28.48%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.39%
ROCE (avg)
14.11%
ROE (avg)
8.65%

Valuation key factors

Factor
Value
P/E Ratio
17
Industry P/E
36
Price to Book Value
1.54
EV to EBIT
10.23
EV to EBITDA
8.37
EV to Capital Employed
1.51
EV to Sales
1.05
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
14.72%
ROE (Latest)
9.10%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.27%)

Promoter with highest holding

Jolly Multi Trade Private Limited (24.07%)

Highest Public shareholder

Vijay Kedia (10.66%)

Individual Investors Holdings

27.62%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Innovators"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Mar 2026 is 72.14% vs -22.10% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Mar 2026 is 58.97% vs -31.68% in Sep 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "143.91",
          "val2": "83.60",
          "chgp": "72.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.86",
          "val2": "12.64",
          "chgp": "25.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.07",
          "val2": "4.42",
          "chgp": "-30.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "8.33",
          "val2": "5.24",
          "chgp": "58.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.02%",
          "val2": "15.12%",
          "chgp": "-4.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Innovators"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 2.78% vs 2.91% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is -15.24% vs 4.91% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "227.52",
          "val2": "221.37",
          "chgp": "2.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "28.51",
          "val2": "32.32",
          "chgp": "-11.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.50",
          "val2": "9.41",
          "chgp": "-20.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.57",
          "val2": "16.01",
          "chgp": "-15.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.53%",
          "val2": "14.60%",
          "chgp": "-2.07%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Sep'25
Change(%)
Net Sales
143.91
83.60
72.14%
Operating Profit (PBDIT) excl Other Income
15.86
12.64
25.47%
Interest
3.07
4.42
-30.54%
Exceptional Items
0.00
0.00
Consolidate Net Profit
8.33
5.24
58.97%
Operating Profit Margin (Excl OI)
11.02%
15.12%
-4.10%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Mar 2026 is 72.14% vs -22.10% in Sep 2025

Direction Arrows
Consolidated Net Profit

Growth in half year ended Mar 2026 is 58.97% vs -31.68% in Sep 2025

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
227.52
221.37
2.78%
Operating Profit (PBDIT) excl Other Income
28.51
32.32
-11.79%
Interest
7.50
9.41
-20.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
13.57
16.01
-15.24%
Operating Profit Margin (Excl OI)
12.53%
14.60%
-2.07%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 2.78% vs 2.91% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is -15.24% vs 4.91% in Mar 2025

stock-summaryCompany CV
About Innovators Facade Systems Ltd stock-summary
stock-summary
Innovators Facade Systems Ltd
Micro Cap
Industrial Manufacturing
Innovators Facade Systems Limited was originally incorporated as a Private Limited Company with the name "Innovators Engineers & Contractors Private Limited" on June 8, 1999. The name of the Company was changed from Innovators Engineers & Contractors Private Limited to Innovators Facade Systems Private Limited on July 19, 2005. The Company was converted to Public Limited Company and the name of the Company was changed to Innovators Facade Systems Limited on February 15, 2018.
Company Coordinates stock-summary
Company Details
204 B-65 Sector No 1, Shanthi Nagar Mira Road (East) Thane Maharashtra : 401107
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai