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INNOVACAP
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Recent events
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News
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Corporate Actions
Innova Captab Announces Commercialization Of Its Kathua, Jammu Facility
Jan 14 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - COMMERCIALIZATION OF ITS KATHUA, JAMMU FACILITY
Source text: [ID:]
Further company coverage: INNC.NS
(([email protected];))
Jan 14 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - COMMERCIALIZATION OF ITS KATHUA, JAMMU FACILITY
Source text: [ID:]
Further company coverage: INNC.NS
(([email protected];))
India's Innova Captab hits record high on Q2 profit surge
** Innova Captab INNC.NS jumps as much as 14.1% to record high of 983.95 rupees
** Pharmaceutical co reports ~53% y/y jump in Q2 consolidated profit; rev from ops up 12.5%
** Stock set for eighth consecutive session of gains
** More than 708,000 shares traded, 11x the 30-day avg; busiest trading session since June 19
** Stock up 23% so far this week; set for best weekly gain since its market debut on Dec. 29, 2023
** INNC up 79.1% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Innova Captab INNC.NS jumps as much as 14.1% to record high of 983.95 rupees
** Pharmaceutical co reports ~53% y/y jump in Q2 consolidated profit; rev from ops up 12.5%
** Stock set for eighth consecutive session of gains
** More than 708,000 shares traded, 11x the 30-day avg; busiest trading session since June 19
** Stock up 23% so far this week; set for best weekly gain since its market debut on Dec. 29, 2023
** INNC up 79.1% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Innova Captab Sept-Quarter Consol Profit 350 Million Rupees
Nov 7 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB SEPT-QUARTER CONSOL PROFIT 350 MILLION RUPEES
INNOVA CAPTAB SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.18 BILLION RUPEES
Further company coverage: INNC.NS
(([email protected];))
Nov 7 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB SEPT-QUARTER CONSOL PROFIT 350 MILLION RUPEES
INNOVA CAPTAB SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.18 BILLION RUPEES
Further company coverage: INNC.NS
(([email protected];))
Innova Captab Says Jammu Facility Gets Drug Manufacturing License From Government
Nov 6 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - JAMMU FACILITY GETS DRUG MANUFACTURING LICENSE FROM GOVERNMENT
Source text: ID:nNSE7f8ZMg
Further company coverage: INNC.NS
(([email protected];))
Nov 6 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - JAMMU FACILITY GETS DRUG MANUFACTURING LICENSE FROM GOVERNMENT
Source text: ID:nNSE7f8ZMg
Further company coverage: INNC.NS
(([email protected];))
Innova Captab March-Qtr Consol Profit Rises
May 29 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB MARCH-QUARTER CONSOL PROFIT 287.2 MILLION RUPEES VERSUS PROFIT 172.5 MILLION RUPEES
INNOVA CAPTAB MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.63 BILLION RUPEES VERSUS 2.41 BILLION RUPEES
Source text for Eikon: ID:nNSEbH9FZH
Further company coverage: INNC.NS
(([email protected];;))
May 29 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB MARCH-QUARTER CONSOL PROFIT 287.2 MILLION RUPEES VERSUS PROFIT 172.5 MILLION RUPEES
INNOVA CAPTAB MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.63 BILLION RUPEES VERSUS 2.41 BILLION RUPEES
Source text for Eikon: ID:nNSEbH9FZH
Further company coverage: INNC.NS
(([email protected];;))
Innova Captab Approves Purchase Of Land
April 10 (Reuters) - Innova Captab Ltd INNC.NS:
APPROVED PURCHASE OF LAND
SHARON BIO-MEDICINE ENTERED INTO AN AGREEMENT FOR PURCHASING OF LAND
CONSIDERATION PAID FOR PURCHASE AT 41.3 MILLION RUPEES
Source text for Eikon: ID:nBSE2Bql0R
Further company coverage: INNC.NS
(([email protected];))
April 10 (Reuters) - Innova Captab Ltd INNC.NS:
APPROVED PURCHASE OF LAND
SHARON BIO-MEDICINE ENTERED INTO AN AGREEMENT FOR PURCHASING OF LAND
CONSIDERATION PAID FOR PURCHASE AT 41.3 MILLION RUPEES
Source text for Eikon: ID:nBSE2Bql0R
Further company coverage: INNC.NS
(([email protected];))
Innova Captab Appoints Lokesh Bhasin As CFO
March 29 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - APPOINTED LOKESH BHASIN AS CHIEF FINANCIAL OFFICER
INNOVA CAPTAB LTD - APPROVED ACQUISITION OF AN INDUSTRIAL PROPERTY IN BADDI, HIMACHAL PRADESH
Source text for Eikon: ID:nBSE9f4rcZ
Further company coverage: INNC.NS
(([email protected];;))
March 29 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB LTD - APPOINTED LOKESH BHASIN AS CHIEF FINANCIAL OFFICER
INNOVA CAPTAB LTD - APPROVED ACQUISITION OF AN INDUSTRIAL PROPERTY IN BADDI, HIMACHAL PRADESH
Source text for Eikon: ID:nBSE9f4rcZ
Further company coverage: INNC.NS
(([email protected];;))
Innova Captab Commences Commercial Operations Of Line II Of Manufacturing Facility Situated At Raigad
March 21 (Reuters) - Innova Captab Ltd INNC.NS:
INTIMATION REGARDING RE-COMMENCEMENT OF A MANUFACTURING FACILITY OF SHARON BIO-MEDICINE
COMMERCIAL OPERATIONS OF LINE II OF MANUFACTURING FACILITY SITUATED AT RAIGAD COMMENCED MAR 21
Source text for Eikon: ID:nBSE4Zsq6y
Further company coverage: INNC.NS
(([email protected];))
March 21 (Reuters) - Innova Captab Ltd INNC.NS:
INTIMATION REGARDING RE-COMMENCEMENT OF A MANUFACTURING FACILITY OF SHARON BIO-MEDICINE
COMMERCIAL OPERATIONS OF LINE II OF MANUFACTURING FACILITY SITUATED AT RAIGAD COMMENCED MAR 21
Source text for Eikon: ID:nBSE4Zsq6y
Further company coverage: INNC.NS
(([email protected];))
Innova Captab Says Gaurav Srivastava Resigns As CFO
March 14 (Reuters) - Innova Captab Ltd INNC.NS:
GAURAV SRIVASTAVA RESIGNS AS CFO
Source text for Eikon: [ID:]
Further company coverage: INNC.NS
(([email protected];))
March 14 (Reuters) - Innova Captab Ltd INNC.NS:
GAURAV SRIVASTAVA RESIGNS AS CFO
Source text for Eikon: [ID:]
Further company coverage: INNC.NS
(([email protected];))
Innova Captab Dec-Quarter Consol Profit Rises
Feb 13 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB DEC-QUARTER CONSOL PROFIT 251.3 MILLION RUPEES VERSUS PROFIT 195.8 MILLION RUPEES
INNOVA CAPTAB DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.02 BILLION RUPEES VERSUS 2.42 BILLION RUPEES
Source text for Eikon: ID:nNSE2PsXcB
Further company coverage: INNC.NS
(([email protected];))
Feb 13 (Reuters) - Innova Captab Ltd INNC.NS:
INNOVA CAPTAB DEC-QUARTER CONSOL PROFIT 251.3 MILLION RUPEES VERSUS PROFIT 195.8 MILLION RUPEES
INNOVA CAPTAB DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.02 BILLION RUPEES VERSUS 2.42 BILLION RUPEES
Source text for Eikon: ID:nNSE2PsXcB
Further company coverage: INNC.NS
(([email protected];))
India's Innova Captab gains 21% in market debut
** Shares of Innova Captab INNC.NS rise 21% in their market debut to 542.50 rupees
** INNC opened at a small premium of 452.1 rupees vs issue price of 448 rupees
** Pharma co's 5.7 bln rupees ($68.59 million) IPO was oversubscribed by 55.3x
** INNC is the eighth co to list this week after Muthoot Microfin MUTO.NS, Suraj Estate Developers SRAE.NS, Happy Forgings HAPY.NS, Credo Brands CREO.NS, Motison Jewellers MOTN.NS, RBZ Jewellers RBZJ.NS and Azad Engineering AZAD.NS
** Companies have raised funds worth 447.93 billion rupees in main board IPOs so far this year, down 24% from a year ago, as per NSE data
($1 = 83.1050 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Innova Captab INNC.NS rise 21% in their market debut to 542.50 rupees
** INNC opened at a small premium of 452.1 rupees vs issue price of 448 rupees
** Pharma co's 5.7 bln rupees ($68.59 million) IPO was oversubscribed by 55.3x
** INNC is the eighth co to list this week after Muthoot Microfin MUTO.NS, Suraj Estate Developers SRAE.NS, Happy Forgings HAPY.NS, Credo Brands CREO.NS, Motison Jewellers MOTN.NS, RBZ Jewellers RBZJ.NS and Azad Engineering AZAD.NS
** Companies have raised funds worth 447.93 billion rupees in main board IPOs so far this year, down 24% from a year ago, as per NSE data
($1 = 83.1050 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
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Popular questions
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Business
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Financials
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Shareholdings
What does Innova Captab do?
Innova Captab, a Company domiciled in India with its registered office situated in Mulund (W), Mumbai, was incorporated in Mumbai on January 3, 2005 as a private limited company. The company was initially incorporated with the name of “I larun Healthcare Private Limited” and later the name was changed to “Innova Captab Private Limited”. The company was converted to a Public Limited Company w.e.f July 26, 2018. After conversion, the name of the Company is “Innova Captab Limited”. The company is engaged in the business of manufacturing and trading of drugs and pharmaceuticals.
Who are the competitors of Innova Captab?
Innova Captab major competitors are Hikal, Strides Pharma Scien, Supriya Lifescience, Unichem Lab, Orchid Pharma, Shilpa Medicare, Aarti Pharmalabs. Market Cap of Innova Captab is ₹5,166 Crs. While the median market cap of its peers are ₹5,854 Crs.
Is Innova Captab financially stable compared to its competitors?
Innova Captab seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Innova Captab pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Innova Captab latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Innova Captab allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress
How strong is Innova Captab balance sheet?
Balance sheet of Innova Captab is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Innova Captab improving?
Yes, profit is increasing. The profit of Innova Captab is ₹127 Crs for TTM, ₹94.34 Crs for Mar 2024 and ₹67.95 Crs for Mar 2023.
Is the debt of Innova Captab increasing or decreasing?
Yes, The debt of Innova Captab is increasing. Latest debt of Innova Captab is ₹241 Crs as of Sep-24. This is greater than Mar-24 when it was ₹68.36 Crs.
Is Innova Captab stock expensive?
Innova Captab is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Innova Captab is 40.55, while 3 year average PE is 41.26. Also latest EV/EBITDA of Innova Captab is 30.62 while 3yr average is 27.28.
Has the share price of Innova Captab grown faster than its competition?
Innova Captab has given better returns compared to its competitors. Innova Captab has grown at ~91.85% over the last 1yrs while peers have grown at a median rate of 26.41%
Is the promoter bullish about Innova Captab?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Innova Captab is 50.9% and last quarter promoter holding is 50.9%.
Are mutual funds buying/selling Innova Captab?
The mutual fund holding of Innova Captab is decreasing. The current mutual fund holding in Innova Captab is 10.75% while previous quarter holding is 11.03%.