| Management target | Revenue 60.0% FY27-FY29 |
|---|
| Revenue growth | 56% CAGR (FY23-FY26), targeting 50-60% CAGR for FY27-FY29. |
|---|---|
| Margins | EBITDA margins 5.64%; Drone segment targeted at 20-30% EBITDA margins. |
| Order book | ₹800+ Cr Toll Order Book already secured for FY27. |
| Demand visibility | Strong; 80%+ revenue linked to government ecosystem and sovereign counterparties. |
| Management confidence | High, 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.
Earnings Call filed with NSE, NSE: INNOVISION. Summary written with AI assistance from the document.
Innovision Ltd: key numbers
- Share price
- ₹267.60
- Market cap
- ₹637.2 Cr
- Revenue (annual)
- ₹980.8 Cr
- Net profit (annual)
- ₹36.93 Cr
- P/E (TTM)
- 43.6×Sector 46.1×
- Promoter holding
- 74.17%+0.00% QoQ
- FII holding
- 0.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Innovision Ltd
All →Innovision Other Announcement
Innovision changed its accounting estimate for NHAI toll fee recognition from straight-line to traffic-based, effective 1 July 2026. It alters expense timing, not total fees.
Innovision Q2 FY27 Results: Net Profit ₹5.1 Cr, Down 32.9% YoY
Innovision Ltd reported revenue from operations of ₹356.7 Cr (+38.8% YoY) and net profit of ₹5.1 Cr (-32.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹5.1 Cr · -32.9% YoY
Innovision Bags ₹12.17 Cr Order from NHAI
Innovision received a Rs 12.17 Crore NHAI user fee agency and toilet maintenance contract on the Shamli–Muzzafarnagar NH709AD section. Execution is due within 90 days.
- Value
- ₹12.17 Cr
- From
- NHAI (National Highways Authority of India)
- Execution
- 90 Days
Innovision Board Meeting Date
Innovision Ltd gave prior intimation of a board meeting on 13 November 2026 to approve unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026. The trading window stays closed until 48 hours after results.
Innovision Annual General Meeting
Innovision's 20th AGM notice sets a 5 December 2026 video-conference meeting with four resolutions. Agenda covers financial statements, a director's retirement and a non-executive director's regularisation.
Innovision Annual Report
Innovision Ltd filed its FY2025-26 Annual Report with the notice of its 20th AGM, scheduled for 5 December 2026 via VC/OAVM. The notice covers financial statements, a director re-appointment and a non-executive director regularisation.