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Earnings Call

Innovision Earnings Call: Key Takeaways

Innovision Limited reports strong FY26 performance with revenue reaching ₹981 Cr and PAT of ₹36 Cr, driven by toll management and manpower services.

Guidance and delivery
Management target Revenue 60.0% FY27-FY29
Highlights
Revenue growth56% CAGR (FY23-FY26), targeting 50-60% CAGR for FY27-FY29.
MarginsEBITDA margins 5.64%; Drone segment targeted at 20-30% EBITDA margins.
Order book₹800+ Cr Toll Order Book already secured for FY27.
Demand visibilityStrong; 80%+ revenue linked to government ecosystem and sovereign counterparties.
Management confidenceHigh, targeting aggressive medium-term growth trajectory of 45-50% CAGR.

Growth

Revenue grew at 56% CAGR over 3 years (FY23-FY26), while PAT increased 25% YoY in FY26.

Outlook

Targeting 45-50% medium-term CAGR and 50-60% revenue growth for FY27-FY29, expanding into drone manufacturing.

Risks

High dependency on government ecosystem (80%+ revenue) and competitive bidding for NHAI contracts.

Source

Earnings Call filed with NSE, NSE: INNOVISION. Summary written with AI assistance from the document.

Read the document ↗

Innovision Ltd: key numbers

Share price
₹253.65
Market cap
₹604.0 Cr
Revenue (annual)
₹980.8 Cr
Net profit (annual)
₹36.93 Cr
P/E (TTM)
35.0×Sector 41.4×
Promoter holding
74.17%+0.00% QoQ
FII holding
0.38%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Innovision Ltd

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18:31 IST BSE
Other Announcement

Innovision Other Announcement

Innovision Limited received approval from the Registrar of Companies to extend the deadline for holding its Annual General Meeting for FY 2025-26 by three months.

17:43 IST BSE
Legal & Regulatory

Innovision Legal & Regulatory

Innovision Ltd faces a ₹1.64 Crore financial impact due to NHAI's forfeiture of performance security and a penalty following forensic audit findings of fee collection irregularities.

Value
₹1.64 Cr
From
National Highways Authority of India
15:40 IST NSE
New Order Win

Innovision Bags ₹243.6 Cr Order from National Highways Authority of India

Innovision Limited secured two NHAI toll plaza mandates in Madhya Pradesh totaling ₹243.60 Crore. The one-year contracts involve user fee collection and maintenance at three plazas.

Value
₹243.6 Cr
From
National Highways Authority of India (NHAI)
Execution
1 year
16:53 IST NSE
New Order Win

Innovision Bags ₹24.53 Cr Order from NHAI

Innovision Limited received a contract from NHAI worth ₹24.53 Crore for user fee collection and maintenance at the Pachwara fee plaza, NH-39. This one-year engagement strengthens its order book.

Value
₹24.53 Cr
From
NHAI (National Highways Authority of India)
Execution
1 year
16:19 IST BSE
New Order Win

Innovision Bags ₹219.1 Cr Order from National Highways Authority of India

Innovision Ltd has been awarded a user fee agency contract for the Indore Dewas section of NH-3 valued at ₹219.07 Crore. This one-year contract covers fee plaza operations and facility maintenance.

Value
₹219.1 Cr
From
National Highways Authority of India
Execution
1 year
23:20 IST NSE
ED Probe / Tax Survey

Innovision ED Probe / Tax Survey

The Enforcement Directorate conducted search operations at the company’s office and its CMD’s residence. The company reported no business disruption or penalties from the PMLA search.