Emkay Global Financial Services Ltd.
Founded in 2007, Innovision Limited has established itself as a premier provider of manpower and infrastructure management services across India. Operating through an extensive network of 35 offices, the company maintains a physical presence in 23 states and 5 union territories. Its business model is built on three core pillars: private security services, integrated facility management, and manpower sourcing.
The company acts as a vital operational partner for over 180 clients, managing services across 1,000 distinct locations. Its portfolio includes industry leaders in high-growth sectors such as healthcare, logistics, and retail, with notable partnerships including Max Healthcare and Sequel Logistics. Beyond simple staffing, Innovision provides specialized toll plaza management and operates dedicated training centers to ensure its workforce meets rigorous regulatory standards. By combining large-scale recruitment with technical training, Innovision has positioned itself as a scalable solution for India’s expanding corporate and public infrastructure needs.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 895.95 | 512.13 | 257.62 |
| Profit After Tax | 29.02 | 10.27 | 8.88 |
| EPS | 15.62 | 6.29 | 5.01 |
| EBITDA Margin (%) | 5.79 | 3.85 | 6.40 |
| PAT Margin (%) | 3.25 | 2.01 | 3.48 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| Innovision Limited | 1290.72* | 548 | 12.65 | 32.26 | 895.95 | 29.02 |
| Krystal Integrated Services Limited | 894 | 640 | 1.96 | 15.5 | 1113 | 60 |
| Updater Services Ltd | 1032 | 154 | 0.98 | 10.7 | 2736 | 119 |
| SIS Limited | 4111 | 291 | 1.62 | 11.9 | 13189 | 12 |
| Quess Corp Limited | 2848 | 191 | 2.53 | 12.6 | 14967 | 46 |
*Market cap @upper band
The Company INNOVISION LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 548, the stock is valued at 32.26 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.
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