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    Process industries

  3. •

    Industrial specialties
Innovators Facade Systems Ltd.

Innovators Facade Systems Ltd.

BBSE:INNOVATORS
102.00
INR
-2.20
(-2.11%)
2.00BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
44
48.18
48.87
53.02
81.35
86.39
74.23
34.39
46.3
95.74
113.93
116.85
120.36
- -
Basic EPS, GAAP
1.42
1.66
0.88
0.22
4.2
2.58
-4.24
0.49
0.85
4.46
8.09
8.49
7.19
- -
Free Cash Flow per Basic Share
2.11
-6.68
3.56
3.63
-0.32
-12.59
5.37
7.3
-0.48
3.84
4.41
-1.77
15.83
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
20.21
29.8
30.68
31.48
45.84
67.51
63.27
63.76
64.61
69.07
77.16
85.65
92.84
92.84
Tangible Book Value per Share
20.21
29.8
30.68
31.48
45.84
67.51
63.27
63.76
64.61
69.07
77.1
85.48
92.52
92.52
Basic Weighted Avg Shares
19
19
19
19
19
18
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
830
909
922
1,000
1,535
1,556
1,401
649
874
1,806
2,150
2,205
2,271
- -
Operating Margin (%)
9.49
10.44
8.08
8.75
12.63
11.85
8.39
6.31
5.48
8.8
11.64
12.4
10.26
- -
Depreciation Expense
18
25
20
24
22
24
40
43
61
29
37
50
52
- -
Net Income, GAAP
27
31
17
4
79
47
-80
9
16
84
153
160
136
- -
Effective Tax Rate (%)
32.4
33.34
34.36
85.66
32.23
39.09
- -
5.66
- -
13.38
23.94
25.19
28.31
- -
Profit Margin (%)
3.24
3.45
1.8
0.42
5.16
2.99
-5.72
1.42
1.83
4.66
7.1
7.26
5.98
- -
Working Capital
306
299
382
528
685
886
777
605
628
624
621
737
597
597
LT Debt
273
179
309
272
167
164
153
103
80
104
98
90
53
53
Total Equity
381
562
579
594
865
1,274
1,194
1,203
1,219
1,303
1,456
1,616
1,752
1,752
Return on Invested Capital (%)
6.33
6.78
4.47
0.93
10.21
4.27
- -
2.56
- -
8.19
11.37
10.09
7.57
- -
Return on Capital (%)
5.86
6.42
4.21
0.89
8.37
4.22
- -
2.17
- -
6.93
10.85
10.15
7.71
- -
Return on Common Equity (%)
7.31
6.65
2.91
0.71
10.86
4.35
-6.49
0.77
1.32
6.68
11.06
10.42
8.06
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
517
422
398
LT Borrowings
62
53
35
LT Finance Leases
28
- -
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
3,786
3,953
2,000

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,803
1,791
2,324
Cash, Cash Equivalents & STI
312
368
406
Accounts Receivable, Net
667
312
509
Inventories
541
497
880
Total Current Liabilities
1,066
1,083
1,728
Payables & Accruals
- -
- -
- -
ST Debt
517
422
398
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.93%
7.87%
8.4%
Free Cash Flow
133.44%
-424.88%
-993.5%
Net Income, GAAP
187.49%
114.16%
-15.25%
Sales/Revenue/Turnover
16.56%
33.2%
3.01%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,150
2025
- -
- -
2,205
2026
- -
- -
2,271

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8.09
2025
- -
- -
8.49
2026
- -
- -
7.19

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rohit Radheshyam Sharma
Full Time Employees
401
Sector
Process industries
Industry
Industrial specialties
Address
204, Bldg No. B-65 Thane MH India 401107
IPO Date
May 24, 2018
Website
innovators.in
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Business
Innovators Facade Systems Ltd. (INNOVATORS.BO) manufactures and supplies aluminum composite panels, glazing solutions, and structural glazing systems for building facades and exteriors. The company offers a range of products including ACP sheets under brands such as AluKraft and AluDecor; curtain wall systems, including unitized and stick systems; spider fittings, structural silicone glazing, and skylight solutions; as well as pre-engineered building components and custom fabrication services for architectural envelopes. It serves commercial, residential, and industrial sectors with engineering, installation, and maintenance services, operating primarily in India with projects across major cities and expanding into select international markets. Founded in 2011 and headquartered in Ahmedabad, Gujarat, India, the company focuses on sustainable and innovative facade technologies compliant with international standards like those from the Indian Green Building Council. Innovators Facade Systems Ltd. caters to architects, developers, and contractors seeking high-performance envelope solutions for modern infrastructure. Its operations emphasize turnkey project execution from design to commissioning. In recent developments, the company secured a strategic partnership with a leading Middle East-based aluminum extrusions supplier in early 2025 to enhance supply chain resilience and expand export capabilities. It also completed the acquisition of a regional competitor's fabrication unit in western India during Q3 2025, bolstering production capacity by 40%. Additionally, Innovators launched its EcoShield product line of fire-rated and recyclable ACP panels in late 2024, targeting green building certifications amid rising regulatory demands.