Innovassynth Technologies (India) Ltd

Innovassynth Technologies (India) Ltd (INOVSYNTH) is a micro-cap Commodities company valued at ₹1,519 crore operating in Chemicals & Petrochemicals on the NSE and BSE.

Recent price move

Innovassynth Technologies (India) Ltd last traded at ₹165.4, modestly down 0.69% on the day.

Recent developments

2026-06-30: The company reported a net profit of ₹7 crore in the latest quarter, marking a turnaround from a net loss of ₹7 crore in the same quarter a year earlier. 2026-06-30: Promoter holding increased by 1.34 percentage points to 75.04%, while foreign institutional holding decreased by 0.26 percentage points to 1.13% and domestic institutional holding fell by 0.33 percentage points to 1.12%.

Financial performance

The company's business has improved significantly, with annual revenue rising to ₹102 crore from ₹51 crore in the previous year. However, annual net profit remains a loss of ₹29 crore, which widened from a loss of ₹5 crore. The latest quarter saw a turnaround, with net profit turning from a loss of ₹7 crore to a profit of ₹7 crore, while revenue rose to ₹56 crore from ₹22 crore in the same quarter a year earlier. Margins and returns remain negative, with a net profit margin of -28.1% and return on equity of -30.5%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 7.76 times book value.

Things to watch

The company continues to report a net loss of ₹29 crore for the latest fiscal year, which widened from a loss of ₹5 crore in the previous year. The net profit margin remains at -28.1%, and return on equity is -30.5%, indicating ongoing challenges in profitability. The debt to equity ratio stands at 1.19, suggesting a relatively high level of leverage.

Where it stands

Innovassynth Technologies Ltd has shown improvement in revenue, with the latest quarter recording ₹56 crore, up from ₹22 crore a year earlier. However, the company remains in a net loss position, with a loss of ₹29 crore for the latest fiscal year. The most significant movement is the turnaround in the latest quarter, where net profit swung from a loss of ₹7 crore to a profit of ₹7 crore. The company's promoter holding increased to 75.04% as of 2026-06-30.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.