INNOVANA vs NEWGEN: Stock Comparison
NEWGEN SOFTWARE TECH is the larger company by market capitalisation. INNOVANA THINKLABS shows a lower P/E, faster revenue growth and a higher net margin, while NEWGEN SOFTWARE TECH shows a higher ROE, 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 7; NEWGEN leads 6 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 | NEWGEN |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | INNOVANA | NEWGEN |
|---|---|---|
| Live Price | ₹298.75 | ₹452.75 |
| Day Change | -0.91% | 0.77% |
| Volume | 6,704 | 1.44 L |
| 52-Week High | ₹524.95 | ₹1,041.95 |
| 52-Week Low | ₹278.35 | ₹401.05 |
| Distance from 52W High | -43.09% | -56.55% |
Valuation
| Metric | INNOVANA | NEWGEN |
|---|---|---|
| Market Cap | ₹622 Cr | ₹6,457 Cr |
| P/E Ratio | 20.05x | 20.36x |
| P/B Ratio | 2.27x | 3.6x |
| EPS | ₹14.06 | ₹4.19 |
| Book Value | ₹81.45 | ₹124.72 |
| Dividend Yield | 0% | 1.34% |
Growth
| Metric | INNOVANA | NEWGEN |
|---|---|---|
| Revenue Growth (TTM YoY) | 22.6% | 5.3% |
| EPS Growth (TTM YoY) | -84.3% | -0.9% |
| Qtr Sales Growth | -75.58% | -14.67% |
| Qtr Profit Growth | -4.32% | -4.85% |
Profitability & Leverage
| Metric | INNOVANA | NEWGEN |
|---|---|---|
| ROE | 13.1% | 16.91% |
| ROCE | 5.06% | 18.21% |
| Net Margin | 28.39% | 20.23% |
| Operating Margin | 36.62% | 24.95% |
| Debt to Equity | 0.03x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | INNOVANA | NEWGEN |
|---|---|---|
| Promoter Holding | 72.65% | 53.45%▼ 0.07 pp |
| FII Holding | 1.04%▼ 0.14 pp | 13.78%▼ 0.7 pp |
| DII Holding | 1.52%▲ 0.43 pp | 8.15%▼ 0.7 pp |
| Public Holding | 24.79%▼ 0.29 pp | 23.87%▲ 1.53 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 NEWGEN SOFTWARE TECH.
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.

