INNOVANA vs TATAELXSI: Stock Comparison
TATA ELXSI is the larger company by market capitalisation. INNOVANA THINKLABS shows a lower P/E, faster revenue growth and a higher net margin, while TATA ELXSI 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 6; TATAELXSI leads 7 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 | TATAELXSI |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | INNOVANA | TATAELXSI |
|---|---|---|
| Live Price | ₹327 | ₹3,383 |
| Day Change | 5.72% | -0.76% |
| Volume | 50,677 | 1.13 L |
| 52-Week High | ₹524.95 | ₹5,950 |
| 52-Week Low | ₹290 | ₹3,353.9 |
| Distance from 52W High | -37.71% | -43.14% |
Valuation
| Metric | INNOVANA | TATAELXSI |
|---|---|---|
| Market Cap | ₹667 Cr | ₹21,088 Cr |
| P/E Ratio | 21.26x | 32.21x |
| P/B Ratio | 2.41x | 6.93x |
| EPS | ₹2.56 | ₹27.38 |
| Book Value | ₹135.21 | ₹488.2 |
| Dividend Yield | 0% | 2.22% |
Growth
| Metric | INNOVANA | TATAELXSI |
|---|---|---|
| Revenue Growth (TTM YoY) | 22.6% | 8.3% |
| EPS Growth (TTM YoY) | -84.3% | 27.8% |
| Qtr Sales Growth | -75.58% | -72.82% |
| Qtr Profit Growth | -4.32% | -72.85% |
Profitability & Leverage
| Metric | INNOVANA | TATAELXSI |
|---|---|---|
| ROE | 17.84% | 20.66% |
| ROCE | 17.69% | 24.32% |
| Net Margin | 28.39% | 17.24% |
| Operating Margin | 97.25% | 22.39% |
| Debt to Equity | 0.03x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | INNOVANA | TATAELXSI |
|---|---|---|
| Promoter Holding | 72.65% | 43.9% |
| FII Holding | 1.04%▼ 0.14 pp | 9.85%▼ 1.24 pp |
| DII Holding | 1.52%▲ 0.43 pp | 11.04%▼ 0.35 pp |
| Public Holding | 24.79%▼ 0.29 pp | 35.21%▲ 1.59 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 TATA ELXSI.
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.

