INNOVANA vs TECHM: Stock Comparison

Innovana Thinklabs Limited vs Tech Mahindra Ltd

Live data: 29 July 2026, 2:54 PM IST • Source: NSE and company filings

Tech Mahindra Ltd is the larger company by market capitalisation. Innovana Thinklabs Limited shows a lower P/E, faster revenue growth and a higher net margin, while Tech Mahindra Ltd 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.

Side-by-side comparison of Innovana Thinklabs Limited and Tech Mahindra Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, INNOVANA is more favourable on 6 of 13 scored metrics and TECHM on 7These counts are context-free and are not an overall rating.

Key Differences

Market Cap
TECHM is the larger company
₹1.61 L Cr vs ₹687 Cr
P/E Ratio
INNOVANA has a lower P/E
18.26x vs 31.2x
P/B Ratio
INNOVANA has a lower P/B
2.56x vs 5.41x
EPS
TECHM has higher earnings per share
₹60.01 vs ₹17.79
Dividend Yield
TECHM has a higher dividend yield
3.24% vs 0%
Revenue Growth (TTM YoY)
INNOVANA has faster revenue growth
22.6% vs 12.6%
EPS Growth (TTM YoY)
TECHM has faster EPS growth
15.9% vs -84.3%
Qtr Sales Growth
INNOVANA has stronger quarterly sales growth
22.6% vs 12.6%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricINNOVANATECHM
SectorInformation TechnologyInformation Technology
IndustryComputers - Software & ConsultingComputers - Software & Consulting

Price

MetricINNOVANATECHM
Live Price₹335.35₹1,643.1
Day Change-0.16%0.48%
Volume52418.17 L
52-Week High₹542.45₹1,854
52-Week Low₹292.8₹1,304.1
Distance from 52W High-38.18%-11.38%

Valuation

MetricINNOVANATECHM
Market Cap₹687 Cr₹1.61 L Cr
P/E Ratio18.26x31.2x
P/B Ratio2.56x5.41x
EPS₹17.79₹60.01
Book Value₹81.45₹334.41
Dividend Yield0%3.24%

Growth

MetricINNOVANATECHM
Revenue Growth (TTM YoY)22.6%12.6%
EPS Growth (TTM YoY)-84.3%15.9%
Qtr Sales Growth22.6%12.6%
Qtr Profit Growth-74.2%16%

Profitability & Leverage

MetricINNOVANATECHM
ROE16%17.5%
ROCE16.4%23.1%
Net Margin28.39%8.47%
Operating Margin34.6%15.9%
Debt to Equity0.21x0.07x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricINNOVANATECHM
Promoter Holding72.65%34.94% 0.01 pp
FII Holding1.04% 0.14 pp18.66% 0.07 pp
DII Holding1.52% 0.43 pp36.92% 0.41 pp
Public Holding24.79% 0.29 pp9.29% 0.36 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 Limited and Tech Mahindra Ltd.

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.