Innovators

What does Innovators do?

Innovators Facade Systems Ltd is a micro-cap industrial manufacturing company, originally incorporated in 1999 and publicly listed since 2018. It has a market cap of Rs 372 Cr, with a P/E ratio of 24.00 and a debt-equity ratio of 0.14.

Overview:<BR>Innovators Facade Systems Ltd operates in the industrial manufacturing sector and is classified 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: Rs 372 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00<BR>Industry P/E: 34<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.14<BR>Return on Equity: 12.42%<BR>Price to Book: 2.98<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

When is the next results date for Innovators?

No Upcoming Board Meetings

Has Innovators declared dividend?

No Dividend History Available

Who are the peers of the Innovators?

Peers of Innovators include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Guj Apollo Inds, Fabtech Techn., TRF, and United Drilling. Kaynes Tech shows the highest 1-year return at 65.93%, while Innovators' return is 11.46%, higher than Honeywell Auto's -26.32%.

Peers: The peers of Innovators are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Guj Apollo Inds, Fabtech Techn., TRF, and United Drilling.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Jyoti CNC Auto., while Good management risk is found at Kaynes Tech and TRF. Average management risk is present at LMW, Jupiter Wagons, Fabtech Techn., and United Drilling, while Guj Apollo Inds has Below Average management risk. In terms of growth, Excellent growth is noted at Kaynes Tech and Jyoti CNC Auto., while Average growth is seen at Honeywell Auto, Jupiter Wagons, and the rest. Below Average growth is reported for LMW, Guj Apollo Inds, Fabtech Techn., TRF, and United Drilling. For capital structure, Excellent capital structure is found at Honeywell Auto, LMW, Jupiter Wagons, and Fabtech Techn., while Good capital structure is observed at Kaynes Tech and Innovators, and Below Average capital structure is noted at Guj Apollo Inds.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the lowest is Honeywell Auto at -26.32%. Innovators' 1-year return of 11.46% is higher than that of Honeywell Auto but lower than that of Kaynes Tech. Additionally, the six-month returns are negative for LMW, TRF, United Drilling, and Innovators.

What is the technical trend for Innovators?

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.

Who are in the management team of Innovators?

As of March 2023, the management team of Innovators includes Radheshyam Sharma (Chairman & Managing Director), Raman Shivchand Sharma (Director & CEO), and several Independent Directors: Sunil Deshpande, Poonam Bhati, and Subhash Chand Gupta, along with Shivchand Sharma (Director) and Vedashri Chaudhari (Company Secretary & Compliance Officer).

As of March 2023, the management team of Innovators includes the following individuals:<BR><BR>- Radheshyam Sharma, who serves as the Chairman & Managing Director.<BR>- Sunil Deshpande, an Independent Director.<BR>- Poonam Bhati, also an Independent Director.<BR>- Subhash Chand Gupta, another Independent Director.<BR>- Shivchand Sharma, who is a Director.<BR>- Raman Shivchand Sharma, who holds the position of Director & Chief Executive Officer.<BR>- Vedashri Chaudhari, who is the Company Secretary & Compliance Officer.

Who are the top shareholders of the Innovators?

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.

How big is Innovators?

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.

How has been the historical performance of Innovators?

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.

Is Innovators overvalued or undervalued?

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.

Which are the latest news on Innovators?

Why is Innovators Facade Systems Ltd falling/rising?

As of 04-Mar, Innovators Facade Systems Ltd's stock price is Rs. 140.00, down 3.55% and has fallen 17.04% over the last five days. The stock is underperforming its sector and is trading below its moving averages, indicating a bearish trend.

As of 04-Mar, Innovators Facade Systems Ltd is experiencing a decline in its stock price, currently at Rs. 140.00, which reflects a change of -5.15 (-3.55%). The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of -17.04% during this period. Today, the stock opened with a significant loss of -6.96% and reached a new 52-week low of Rs. 135.05.<BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by -0.65% today and has shown substantial losses over various time frames, including a -15.18% drop over the past week and a -17.40% decline over the past month. Year-to-date, the stock is down -23.91%, contrasting sharply with the Sensex, which has only decreased by -7.16% during the same period.<BR><BR>The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, high volatility has been observed, with an intraday volatility of 6.55%. Despite a notable increase in delivery volume, which rose by 241.46% against the five-day average, the overall sentiment appears negative, contributing to the stock's decline.