---
title: "Innokaiz India Ltd (543905) — Share Price, Financials & Analysis"
symbol: "543905"
company: "Innokaiz India Ltd"
canonical: "https://tapetide.com/stocks/543905"
isin: "INE0LDI01022"
nse_symbol: "INNOKAIZLTD"
bse_code: "543905"
sector: "Media"
industry: "Advertising Agencies"
market_cap_cr: 13.4
generated_at: "2026-09-13T21:39:26.981Z"
---

# Innokaiz India Ltd (543905)

Canonical page: https://tapetide.com/stocks/543905

## Company

- **NSE Symbol:** INNOKAIZLTD
- **BSE Code:** 543905
- **ISIN:** INE0LDI01022
- **Sector:** Media
- **Industry:** Advertising Agencies
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-05-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** innokaizindia.com

## About

Incorporated in 2003, Innokaiz India Ltd is a corporate service and solutions provider[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:39:33.679995Z.

- **Market Cap:** ₹13.4 Cr
- **Classification:** SME
- **P/E (reported):** -3.3
- **EPS (reported):** ₹0
- **Book Value:** ₹43.07
- **Price to Book:** 0.31
- **Dividend Yield:** 0%
- **ROE:** -9.25%
- **ROCE:** -6.23%
- **Debt to Equity:** 0.45
- **Revenue (yearly):** ₹9.8 Cr
- **Net Income:** ₹-4.1 Cr
- **EBITDA:** ₹-3.4 Cr
- **52-Week High:** ₹18.88
- **52-Week Low:** ₹10.11
- **RSI (14):** 47.6

## Key Insights

### Strengths

- Stock is trading at 0.32 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -41.5% over past five years.
- Company has a low return on equity of 6.74% over last 3 years.
- Company has high debtors of 236 days.
- Working capital days have increased from 437 days to 1,126 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 91.11% | -78.95% | -246.24% |
| ebitda margin growth | -20% | -690.36% | -725.27% | -994.62% |
| net income growth | -20.69% | -295.24% | -146.07% | -180.39% |
| revenue growth | -27.55% | -87.48% | -68% | -42% |
| roce | — | -195.55% | -114.34% | 32.66% |
| roe | — | -310.71% | 9.24% | -119.1% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2022 |
| --- | --- |
| Sales | 85.26 |
| Expenses | 81.33 |
| Operating Profit | 3.93 |
| OPM % | 4.61 |
| Other Income | 0.02 |
| Interest | 0.03 |
| Depreciation | 0.05 |
| Profit before tax | 3.87 |
| Tax % | 25.06 |
| Net Profit | 2.9 |
| EPS in Rs | 3.86 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 138.7 | 184.95 | 285.93 | 222.52 | 77.61 | 9.5 |
| Expenses | 133.68 | 177.84 | 274.93 | 210.56 | 73.59 | 13.15 |
| Operating Profit | 5.02 | 7.11 | 11 | 11.96 | 4.02 | -3.65 |
| OPM % | 3.62 | 3.84 | 3.85 | 5.37 | 5.18 | -38.42 |
| Other Income | -0.04 | 0.01 | 0.01 | 0.3 | 0.48 | 0.25 |
| Interest | 0.01 | 0.15 | 0.16 | 0.11 | 1.35 | 0.43 |
| Depreciation | 0.08 | 0.07 | 0.18 | 0.19 | 0.3 | 0.26 |
| Profit before tax | 4.89 | 6.9 | 10.67 | 11.96 | 2.85 | -4.09 |
| Tax % | 26.18 | 26.23 | 25.68 | 25.84 | 26.32 | -0.24 |
| Net Profit | 3.62 | 5.09 | 7.92 | 8.86 | 2.1 | -4.07 |
| EPS in Rs | 36200 | 50900 | 7920 | 11.8 | 2.05 | -3.98 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 7.51 | 10.22 | 10.22 |
| Reserves | 5.41 | 10.5 | 18.42 | 19.7 | 37.64 | 33.81 |
| Borrowings | 1.11 | 1.04 | 1.32 | 0.64 | 18.69 | 19.68 |
| Other Liabilities | 19.15 | 27.17 | 29.97 | 28.37 | 17.2 | 22.09 |
| Total Liabilities | 25.68 | 38.72 | 49.72 | 56.22 | 83.75 | 85.8 |
| Fixed Assets | 0.17 | 3.19 | 4.18 | 4.01 | 22.74 | 23.99 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.01 | 0.44 | 2.7 | 2.75 |
| Other Assets | 25.51 | 35.53 | 45.53 | 51.77 | 58.31 | 59.06 |
| Total Assets | 25.68 | 38.72 | 49.72 | 56.22 | 83.75 | 85.8 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6.79 | 0.93 | 2.59 | -0.76 | -15.29 | -1.36 |
| Cash from Investing Activity | 0 | -3.09 | -1.19 | -0.45 | -21.29 | -1.56 |
| Cash from Financing Activity | 1.11 | -0.22 | 0.12 | -0.95 | 35.31 | 0.8 |
| Net Cash Flow | 7.89 | -2.38 | 1.53 | -2.16 | -1.27 | -2.11 |
| Free Cash Flow | 6.79 | 0.6 | 2.29 | -0.76 | -16.53 | -1.37 |
| CFO/OP | 135 | 13 | 24 | 17 | -303 | 37 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 17.74 | 34.93 | 27.46 | 37.92 | 16.79 | 235.52 |
| Inventory Days | — | — | — | — | — | 385.28 |
| Days Payable | — | — | — | — | — | 2989.85 |
| Cash Conversion Cycle | 17.74 | 34.93 | 27.46 | 37.92 | 16.79 | -2369.05 |
| Working Capital Days | -7.74 | 2.66 | 8.8 | 28.33 | 156.89 | 1126.12 |
| ROCE % | — | 78.98 | 70.16 | 51.55 | 9.26 | -5.62 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 98% | 71.99% | 71.99% | 71.99% | 71.99% | 71.99% | 71.99% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 2% | 21.24% | 22.92% | 23.01% | 21.51% | 21.4% | 21.3% |
| Others | 0% | 6.78% | 5.09% | 5% | 6.5% | 6.61% | 6.71% |
| No. of Shareholders | 7 | 664 | 764 | 793 | 779 | 746 | 693 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 4 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.23 | Buy |
| EMA (10) | 12.67 | Buy |
| SMA (20) | 13.04 | Buy |
| EMA (20) | 13.17 | Buy |
| SMA (50) | 14.17 | Sell |
| EMA (50) | 13.76 | Sell |
| SMA (100) | 13.48 | Sell |
| EMA (100) | 14.15 | Sell |
| SMA (200) | 14.87 | Sell |
| EMA (200) | 17.39 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.8 | Neutral |
| MACD (12,26,9) | -0.67 | Buy |
| Stochastic (14,3,3) | 73.59 | Neutral |
| ADX (14) | 30.97 | Buy |
| Williams %R (14) | -15.35 | Sell |
| ATR (14) | 0.76 | High Volatility |
| ROC (12) | -0.59 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 63.76 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ababb09-6ec0-42b1-a61e-01d5b1ea45c0.pdf) |
| 2026-05-30 | [Intimation Regarding Postponement Of Board Meeting Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6bdda62d-ff02-4180-9c7f-a35f989244a3.pdf) |
| 2026-05-20 | [Board Meeting Intimation for Intimation Of Board Meeting To Consider The Audited Financial Results Of The Company For The Half Year And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e71e5d44-04d8-45dc-be41-494762122e37.pdf) |
| 2026-04-13 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0843e89d-47bb-43f0-afb8-63607f3ea530.pdf) |
| 2026-04-13 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00375f0c-b719-49e6-bcb1-6a9fce717091.pdf) |
| 2026-04-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8244bd6e-fbb6-4ee6-8989-6686dc5f52dc.pdf) |
| 2026-03-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14b390d8-9a85-4170-9fc7-65dbfb86447e.pdf) |
| 2026-01-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa6fa0c7-e2b8-46a7-9903-750706ec279b.pdf) |
| 2025-11-14 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th November 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cfe0fdb7-1a44-402d-aafb-94a697ee70f1.pdf) |
| 2025-11-07 | [Board Meeting Intimation for Intimation Of Board Meeting To Consider The Un-Audited Financial Results Of The Company For The Half Year Ended 30Th September 2025 Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e17ea88-0baa-430b-9299-c6d8ee0cd96b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Certificate under Regulation 74(5) of the SEBI(DP) Regulations 2018 for the quarter ended March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of the SEBI(DP) Regulations 2018 for the quarter ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8244bd6e-fbb6-4ee6-8989-6686dc5f52dc.pdf) |
| 7 Nov 2025 - Board meeting on 14 Nov 2025 to consider unaudited results for half-year ended 30 Sep 2025. | [Board Meeting Intimation for Intimation Of Board Meeting To Consider The Un-Audited Financial Results Of The Company For The Half Year Ended 30Th September, 2025 Under Regulation 29 Of The SEBI (LODR) Regulation 2015. 7 Nov 2025 - Board meeting on 14 Nov 2025 to consider unaudited results for half-year ended 30 Sep 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e17ea88-0baa-430b-9299-c6d8ee0cd96b.pdf) |
| 6 Feb - Newspaper Publication of financial results for the quarter ended 31st December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper Publication of financial results for the quarter ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4eb6b90d-dd01-4ee3-be3c-15bffb73aa70.pdf) |
| 6 Feb - Audio and investor presentation for Q3/9M ended 31 Dec 2025 published; earnings call held 6 Feb 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 6 Feb - Audio and investor presentation for Q3/9M ended 31 Dec 2025 published; earnings call held 6 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6efb4026-6c0e-48db-b12a-941f2ea4256f.pdf) |
| 20 Feb - Pratham 12 2025: Series A1 SNs rated [ICRA]AAA(SO); Equity Tranche rated [ICRA]AA-(SO) on Feb 20, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 20 Feb - Pratham 12 2025: Series A1 SNs rated [ICRA]AAA(SO); Equity Tranche rated [ICRA]AA-(SO) on Feb 20, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b267496a-e65c-4ae5-a44b-23d017836b2d.pdf) |
| 14 Oct 2025 - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Oct 2025 - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e9eebdf-b673-4d82-a8d6-d958e9ea6ab8.pdf) |
| 14 Nov 2025 - H1 ended 30 Sep 2025 unaudited results: revenue Rs594.58L; loss after tax Rs174.32L; EPS (basic) (1.71) | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th November, 2025 14 Nov 2025 - H1 ended 30 Sep 2025 unaudited results: revenue Rs594.58L; loss after tax Rs174.32L; EPS (basic) (1.71)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfe0fdb7-1a44-402d-aafb-94a697ee70f1.pdf) |
| 13 Feb - 12 Feb 2026: Appointment of Paiyur K. Vaidyanathan as Whole‑Time Director; 43,596,032 votes, 99.894% in favour. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 13 Feb - 12 Feb 2026: Appointment of Paiyur K. Vaidyanathan as Whole‑Time Director; 43,596,032 votes, 99.894% in favour.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bae71232-6741-4dd9-a508-7e5412d2749b.pdf) |
| 13 Apr - Innokaiz India says Regulation 24A annual secretarial compliance report is not applicable for FY2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 13 Apr - Innokaiz India says Regulation 24A annual secretarial compliance report is not applicable for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00375f0c-b719-49e6-bcb1-6a9fce717091.pdf) |
| 13 Apr - Company confirms it is not a large corporate; no disclosure required for FY ended 31.03.2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 13 Apr - Company confirms it is not a large corporate; no disclosure required for FY ended 31.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0843e89d-47bb-43f0-afb8-63607f3ea530.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-14 | [Un-Audited Financial Results For The Half-Year Ended 30Th September 2025 Along With The Statement Of Asset & Liabilities And Cash Flow Statement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4fc8621-3a6e-4eb0-a29d-9aa836d7aef3.pdf) |
| 2025-05-30 | [Audited Financial Results For The Half Year And Year Ended 31-03-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=244a9de6-a82e-4a4a-b779-d1dd58a976a0.pdf) |
| 2024-06-05 | [Financial Results For 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1bf4a49-7541-4577-9e07-1041e2aecce0.pdf) |
| 2023-11-15 | [Financial Results Along With Limited Review Report For The Halfyear Ended On September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=380fb626-c560-4ea2-ac91-4e197d665e0b.pdf) |
| 2023-06-01 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=652d2be7-9030-43d7-ba54-964fa6e0103b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/115d6525-a1fb-49ec-b753-44544057166a.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8703d48d-5f04-4e00-8b8d-e95d69a03ed1.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/613b9906-2621-4cba-8596-8059e3ce424b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b7b5140-bdf7-40e8-8cd3-82674a2258bf.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae4e0916-011c-42f3-a2c1-c325b7cd87a8.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e403f06-8102-40c9-b9d2-85e80551b383.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6039de50-5fb6-4f5e-ad51-7802b2d6f76e.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/274df857-478b-4ed3-a007-41f7f17eba2c.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35647130-3f95-442a-8651-19c6b43bd93a.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/2dee40bb-9921-4675-baaf-77154ad9485e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0dda2548-4a8e-475c-84e6-181e2c9e0766.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09d349cf-5ac1-4ea6-82e1-e647031148b8.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d92defa-1936-4c94-b663-27132f300b52.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff2ae0e3-c7fc-49ad-b9eb-11d5953f9686.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3aa62ab6-e2b6-4c64-8880-bef3085c2ebb.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/535322/73980535322.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/535322/70500535322.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/535322/66935535322.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/535322/5353220319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/535322/5353220318.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:39:26.981Z.