INNOVANA vs TECHM: Stock Comparison

INNOVANA THINKLABS vs TECH MAHINDRAUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

TECH MAHINDRA is the larger company by market capitalisation. INNOVANA THINKLABS shows a lower P/E, a higher ROE and faster revenue growth, while TECH MAHINDRA shows a higher dividend yield and a higher ROCE. 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 8; TECHM leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

INNOVANATECHM

Valuation lens

What price are you paying?

Market CapContext only
₹667 Cr
₹1.51 L Cr
P/E RatioINNOVANA has the lower reading
21.26x
29.37x
P/B RatioINNOVANA has the lower reading
2.41x
5.09x
EPSTECHM has the higher reading
₹2.56
₹11.61
Book ValueContext only
₹135.21
₹306.89
Dividend YieldTECHM has the higher reading
0%
3.31%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
TECHM is the larger company
₹1.51 L Cr vs ₹667 Cr
P/E Ratio
INNOVANA has a lower P/E
21.26x vs 29.37x
P/B Ratio
INNOVANA has a lower P/B
2.41x vs 5.09x
EPS
TECHM has higher earnings per share
₹11.61 vs ₹2.56
Dividend Yield
TECHM has a higher dividend yield
3.31% 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
TECHM has stronger quarterly sales growth
-15.87% vs -75.58%

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₹327₹1,541
Day Change5.72%1%
Volume50,67720.07 L
52-Week High₹524.95₹1,854
52-Week Low₹290₹1,304.1
Distance from 52W High-37.71%-16.88%

Valuation

MetricINNOVANATECHM
Market Cap₹667 Cr₹1.51 L Cr
P/E Ratio21.26x29.37x
P/B Ratio2.41x5.09x
EPS₹2.56₹11.61
Book Value₹135.21₹306.89
Dividend Yield0%3.31%

Growth

MetricINNOVANATECHM
Revenue Growth (TTM YoY)22.6%12.6%
EPS Growth (TTM YoY)-84.3%15.9%
Qtr Sales Growth-75.58%-15.87%
Qtr Profit Growth-4.32%-23.44%

Profitability & Leverage

MetricINNOVANATECHM
ROE17.84%15.98%
ROCE17.69%19.23%
Net Margin28.39%8.47%
Operating Margin97.25%12.16%
Debt to Equity0.03x0.07x

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 and TECH MAHINDRA.

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.