INNOVISION
Innovision Limited
Manpower outsourcing and toll management services provider
Services›Services›Transport Infrastructure›Road Assets–Toll, Annuity, Hybrid-Annuity
innovision.co.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
Loading price history…
Compare with peers
Loading peers…
What you need to know
Innovision runs highway toll plazas for the National Highways Authority of India (NHAI) under government contracts, and also supplies manpower and security staff and runs skill-development programmes.
Company snapshot
2ndBy market cap
Ranked among 7 companies in Road Assets–Toll, Annuity, Hybrid-Annuity.
What we see
- ✗Over the last three years operations used more cash than they brought in, despite an operating profit — the business is not yet turning its profit into cash.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 233 Cr | 268 Cr | 264 Cr |
| Operating expenses (approx.) | 223 Cr | 250 Cr | 274 Cr |
| EBITDA | 11 Cr | 17 Cr | -10 Cr |
| OPM % | 4.6% | 6.4% | -3.8% |
| Other income | 1 Cr | 1 Cr | 3 Cr |
| Interest | 4 Cr | 4 Cr | 3 Cr |
| Depreciation | 0.58 Cr | 0.60 Cr | 0.50 Cr |
| Profit before tax | 8 Cr | 14 Cr | -11 Cr |
| Tax % | 45.6% | 16.1% | 30.0% |
| Net profit | 4 Cr | 12 Cr | -7 Cr |
| EPS (₹) | ₹2.97 | ₹5.86 | ₹-2.85 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 256 Cr | 510 Cr | 893 Cr | 981 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 241 Cr | 492 Cr | 844 Cr | 925 Cr | Sign in free for the trailing twelve months |
| EBITDA | 14 Cr | 18 Cr | 49 Cr | 55 Cr | Sign in free for the trailing twelve months |
| OPM % | 5.6% | 3.5% | 5.5% | 5.6% | Sign in free for the trailing twelve months |
| Other income | 2 Cr | 2 Cr | 3 Cr | 6 Cr | Sign in free for the trailing twelve months |
| Interest | 5 Cr | 7 Cr | 10 Cr | 13 Cr | Sign in free for the trailing twelve months |
| Depreciation | 0.90 Cr | 2 Cr | 3 Cr | 2 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 10 Cr | 11 Cr | 39 Cr | 46 Cr | Sign in free for the trailing twelve months |
| Tax % | 13.8% | 6.3% | 25.7% | 20.5% | Sign in free for the trailing twelve months |
| Net profit | 9 Cr | 10 Cr | 29 Cr | 36 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹5.01 | ₹6.29 | ₹15.62 | ₹16.79 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity capital | 1 Cr | 19 Cr | 19 Cr | 24 Cr |
| Reserves | 39 Cr | 33 Cr | 63 Cr | 270 Cr |
| Borrowings | 33 Cr | 48 Cr | 79 Cr | 124 Cr |
| Other liabilities | 35 Cr | 57 Cr | 59 Cr | 56 Cr |
| Total liabilities | 108 Cr | 157 Cr | 220 Cr | 474 Cr |
| Fixed assets (net) | 2 Cr | 7 Cr | 6 Cr | 8 Cr |
| CWIP | — | — | — | 0 Cr |
| Investments | 0.01 Cr | 0.01 Cr | 0.01 Cr | 7 Cr |
| Loans & advances | — | — | — | 0.27 Cr |
| Inventories | — | — | — | 0.94 Cr |
| Trade receivables | 56 Cr | 63 Cr | 107 Cr | 158 Cr |
| Cash & bank | 23 Cr | 4 Cr | 7 Cr | 51 Cr |
| Other assets | 27 Cr | 83 Cr | 100 Cr | 249 Cr |
| Total assets | 108 Cr | 157 Cr | 220 Cr | 474 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operating activity | 3 Cr | 6 Cr | -22 Cr | -28 Cr |
| Cash from investing | 0.87 Cr | -34 Cr | 2 Cr | -134 Cr |
| Cash from financing | -4 Cr | 9 Cr | 23 Cr | 206 Cr |
| Net cash flow | 0.48 Cr | -19 Cr | 3 Cr | 44 Cr |
| Free cash flow (OCF − Capex) | 2 Cr | -0.07 Cr | -23 Cr | -31 Cr |
Ratios
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROCE % | 21.0% | 17.8% | 30.6% | 14.1% |
| ROE % | 22.1% | 19.8% | 35.8% | 12.6% |
| Debtor days | 80 | 45 | 44 | 59 |
| Inventory days | — | — | — | 1 |
| Days payable | 1 | 1 | 1 | 1 |
| Cash conversion cycle | 79 | 44 | 43 | 58 |
| OCF / EBITDA % | 24.0% | 35.8% | -44.7% | -50.9% |
| OCF / EBITDA % (3 years) | — | — | -14.9% | -35.8% |
| Debt / equity | 0.83 | 0.92 | 0.97 | 0.42 |
| Current ratio | 1.61 | 1.33 | 1.45 | 2.55 |
| Net debt / EBITDA | 0.71 | 2.46 | 1.47 | 1.32 |