Innovana Thinklabs Ltd

Innovana Thinklabs Ltd has submitted its Annual Report for the Financial Year 2025-26, along with the Notice convening its 11th Annual General Meeting (AGM). The AGM is scheduled for Tuesday, September 29, 2026, at the company's registered office. The Annual Report, detailing the company's performance and future outlook, is available on the company's website. Shareholders who have registered their email addresses will receive the documents electronically, while others will be sent a web-link. The report includes statutory reports, financial statements (standalone and consolidated), and the AGM notice.

Innovana Thinklabs Limited has submitted its Annual Report for the Financial Year 2025-26, in continuation of its earlier notification regarding the 11th Annual General Meeting (AGM). The AGM is scheduled to be held on Tuesday, September 29, 2026. The Annual Report, which includes the Notice convening the AGM, has been made available on the company's website and will be sent electronically to members who have registered their email addresses. Shareholders without registered emails will receive a web-link for accessing these documents. The report details the company's mission to expand through new technologies and its vision to redefine the digital world with innovative software solutions.

Innovana Thinklabs Limited's Board of Directors met on September 3, 2026, to approve the Board's Report for the financial year ended March 31, 2026. The board also approved convening the 11th Annual General Meeting (AGM) on September 29, 2026. The notice for the AGM was approved, and Mr. Abhishek Goswami was appointed as the scrutinizer for the e-voting process. The meeting commenced at 5:00 PM and concluded at 6:30 PM.

Innovana Thinklabs Ltd has filed a statement confirming no deviation or variation in the utilization of proceeds from its preferential issue of 8,60,000 warrants. The funds were raised through a preferential issue of warrants convertible into equity shares. The company received Rs. 9,26,65,000 at subscription and Rs. 5,17,20,000 upon conversion of 1,60,000 warrants by October 13, 2025. The total funds received as of December 31, 2025, amounted to Rs. 14,43,85,000. The remaining Rs. 22,62,75,000 is expected within 18 months. The Audit Committee reviewed and approved the statement, confirming adherence to the stated objects.

Innovana Thinklabs Ltd announced the approval of its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors convened on August 13, 2026, to review and approve these results, along with the limited review report. The company will publish the results, including a Quick Response code and webpage details, in newspapers as per SEBI regulations. The trading window for designated persons will reopen 48 hours after the results declaration. The full financial results will also be available on the company's website.

Innovana Thinklabs' consolidated (primary) PAT fell 57.8% YoY to ₹5.54 Cr from ₹13.12 Cr in Q1 FY26, even as consolidated revenue grew 21.4% YoY to ₹38.97 Cr — a clear case of top-line growth outrunning the bottom line. Sequentially the picture flatters: PAT is up 203.5% and revenue up 19.5% versus Q4 FY26, but that quarter was a weak base (NPM 5.19%, OPM 9.72%), so the YoY comparison is the one that matters. NPM compressed to 12.96% from 37.58% a year ago, and OPM (EBITDA net of other income, over operating revenue) fell to 17.62% from 50.09%. The squeeze is traceable to two forces. First, digital advertising expense — almost entirely at the Astro Services and Games Studio segment — jumped to ₹11.15 Cr from ₹2.87 Cr YoY (+289%, per Note 5), which management attributes to customer-acquisition and brand-building spend as that business scales; the segment's revenue did grow 232% YoY to ₹16.19 Cr and its segment result turned positive (₹0.31 Cr vs a ₹3.64 Cr loss last quarter), but the spend still outpaced the profit gain. Second, the core Software Product Sales segment — historically the highest-margin business — shrank: revenue fell 15.9% YoY to ₹16.87 Cr and segment profit fell 42.4% YoY to ₹8.27 Cr, so the group's most profitable line is contracting while a lower-margin, ad-spend-heavy vertical is filling the growth gap. Gym & Fitness also carried higher costs from a GST/ITC disallowance on physical well-being services (Note 6), even as its revenue grew 27.1% YoY to ₹10.48 Cr. The filing carries no management guidance or outlook statement and no press release was available to cross-check management's own framing of the quarter; we found no analyst previews or consensus estimates for this stock, so vsStreet is unknown rather than assumed. Standalone (parent-only) results diverge materially from consolidated: standalone revenue fell 19.2% YoY to ₹9.52 Cr and standalone PAT fell 33.6% YoY to ₹5.30 Cr — the opposite direction from consolidated revenue — underscoring that the parent holding entity itself has no organic uplift and that all reported growth sits in the subsidiaries. Separately, the company confirmed no deviation in use of the ₹14.44 Cr already called from its preferential warrant issue, with ₹22.63 Cr still to be exercised, and this quarter also saw a small (0.30%) stake acquisition in Mount Everest Breweries, unrelated to the core P&L movement. EPS (basic, consolidated) came in at ₹2.68 versus ₹6.40 a year ago and ₹0.88 last quarter — again dominated by the YoY decline despite the QoQ jump.

Innovana Thinklabs Ltd has announced that its Board of Directors will convene on August 13, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company has also informed that the trading window for designated persons and their immediate relatives has been closed from July 1, 2026, and will reopen 48 hours after the declaration of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Innovana Thinklabs Limited announced that its Board of Directors has approved the acquisition of a 0.30% equity stake in Mount Everest Breweries Limited. The acquisition involves the purchase of 1,36,987 equity shares at ₹219 per share, for a total cash consideration of ₹3,00,00,153. This strategic financial investment aims to create long-term value and diversify the company's investment portfolio, without acquiring control or management rights. The transaction is expected to be completed within one month.

Innovana Thinklabs Ltd has announced the closure of its trading window for the quarter ending June 30, 2026. This closure, effective from July 1, 2026, is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will reopen 48 hours after the declaration of the un-audited standalone and consolidated financial results for the said quarter. All directors, key managerial personnel, promoters, designated employees, and their immediate relatives are prohibited from trading in the company's shares during this period. Penalties will be imposed for any violations. The date for the board meeting to approve the financial results will be communicated separately.

Innovana Thinklabs Ltd's board re-appointed Mrs. Riya Sharma as an Independent Director, subject to shareholder approval. The board also approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Additionally, M/s. Jindal Ashok & Co. were re-appointed as Internal Auditors for FY 2026-27.