INNOVANA vs MINDTECK: Stock Comparison
INNOVANA THINKLABS is the larger company by market capitalisation. INNOVANA THINKLABS shows a higher ROE, faster revenue growth and a higher ROCE, while MINDTECK (INDIA) shows a lower P/E, a higher dividend yield and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
INNOVANA leads 6; MINDTECK leads 5 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | INNOVANA | MINDTECK |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | INNOVANA | MINDTECK |
|---|---|---|
| Live Price | ₹276.7 | ₹127.9 |
| Day Change | -5.3% | -4.1% |
| Volume | 21,704 | 31,699 |
| 52-Week High | ₹524.95 | ₹299.06 |
| 52-Week Low | ₹278.35 | ₹132.15 |
| Distance from 52W High | -47.29% | -57.23% |
Valuation
| Metric | INNOVANA | MINDTECK |
|---|---|---|
| Market Cap | ₹579 Cr | ₹403 Cr |
| P/E Ratio | 20.15x | 15.42x |
| P/B Ratio | 2.29x | 1.58x |
| EPS | ₹2.72 | ₹2.62 |
| Book Value | ₹135.21 | ₹95 |
| Dividend Yield | 0% | 0.79% |
Growth
| Metric | INNOVANA | MINDTECK |
|---|---|---|
| Revenue Growth (TTM YoY) | 22.6% | -0.1% |
| EPS Growth (TTM YoY) | -84.3% | 49.3% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | INNOVANA | MINDTECK |
|---|---|---|
| ROE | 13.1% | 8.52% |
| ROCE | 13.02% | 9.83% |
| Net Margin | 28.39% | 7.74% |
| Operating Margin | 36.62% | 16.18% |
| Debt to Equity | 0.03x | 0x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | INNOVANA | MINDTECK |
|---|---|---|
| Promoter Holding | 72.65% | 64.2% |
| FII Holding | 1.31%▲ 0.27 pp | 0.07%▲ 0.01 pp |
| DII Holding | 1.38%▼ 0.14 pp | 0% |
| Public Holding | 24.66%▼ 0.13 pp | 35.73%▼ 0.01 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INNOVANA THINKLABS and MINDTECK (INDIA).
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

