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← CockpitCompetitor Analysis › INNOVACAP.NS Innova Captab LimitedOpen in the cockpit ↗

Innova Captab LimitedINNOVACAP.NSCompetitor analysis, valuation and peers

India · INR·Pharma & Healthcare›Pharmaceuticals: Major
Momentum strong 72
Mkt cap
$618M
US dollars, full cap
Free float
27%
of shares outstanding
$/day
$543,765
20-day average traded
Fwd P/E
30.4×
forward earnings
ROIC−WACC
+3.3 pp
WACC 11.5%
Hurdle
-6 pp
Req g minus delivered
Close · INR₹1,021
1D-1.5%
1W-0.4%
1M-12.4%
3M+7.0%
6M+18.2%
YTD+41.8%
1Y+22.3%
ATR %4.8%
Beta0.33
52w lowhigh24.6% off high

What Innova Captab does

Employees: 2,301

Innova Captab at a glance

Size Innova Captab (INNOVACAP.NS) is an India Health Care company (Pharmaceuticals: Major) with a market value of $618M, the 768th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,021 on 6 Nov 2026.

Performance Over six months the shares gained 18.2%, against -21.4% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 34.5% over the last twelve months (peer median -2.2%); the operating margin is 12.2% (peer median 4.6%).

Valuation It trades at 30.4× forward earnings against a peer median of 10.9× (2nd most expensive of 10).

Price implies For today's price to make sense, revenue must grow about 25% a year for seven years (Req g). Recent delivered growth is +31%, so the hurdle is -6 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.3 points above its cost of capital (11.5% WACC).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026INNOVACAP.NS 117Peer median 78
Six months, rebased to 100: Innova Captab against the median of its 20 peers (local-currency closes).

Innova Captab financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹17.5B₹16.1B₹12.4B₹10.8B₹9.26B
Revenue growth—+30%+15%+16%—
Gross profit₹3.95B₹2.45B₹2.12B₹1.87B₹1.39B
EBITDA₹2.59B₹2.10B₹1.81B₹1.55B₹1.14B
Net income₹1.56B₹1.43B₹1.27B₹943M₹680M
Free cash flown/a₹341M-₹1.06B-₹1.53B-₹238M
Capital expendituren/a₹683M₹1.72B₹2.87B₹790M
Total debtn/a₹3.44B₹3.38B₹2.45B₹2.37B

Quarterly statements and history in the cockpit →

Innova Captab competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%3613185750600568ACRSDBV600976002393OLMA4105SUPRIYA22560026880009193001946034393002332157SPARCINNOVACAP.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Innova Captab is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×60×3613185750600976002393SUPRIYA0026886034392157INNOVACAP.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Innova Captab is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%36136009760023934105SUPRIYA002688000919300194603439300233002793INNOVACAP.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Innova Captab is the large dot.

Innova Captab competitors and peer comparison

How Innova Captab compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Innova Captab against its 20 peers (data as of 6 Nov 2026)
MeasureINNOVACAP.NSPeer medianRank in peer set
1-month return-12.4%-6.6%7th lowest of 21
6-month return+18.2%-21.4%highest of 21
Distance from 52-week high-24.6%-35.8%2nd highest of 21
Revenue growth (TTM)+34.5%-2.2%4th highest of 19
Operating margin12.2%4.6%5th highest of 19
Forward P/E30.4×10.9×2nd most expensive of 10
Growth the price implies (Req g, 7 yrs)25.4%1.1%2nd most demanding of 12
Growth delivered (Del g)+31.4%+5.0%highest of 12
Hurdle (Req g minus delivered)-6.0 pp+1.2 pp5th least demanding of 12
ROIC minus cost of capital+3.3 pp-3.1 pp4th highest of 17
EV / EBITDA22.5×11.4×2nd most expensive of 7
Net debt / EBITDA1.1×0.3×3rd most indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Innova Captab INNOVACAP.NSIndia$618M+18%+34%12%30.4×25.4%+31.4%
Beijing Tong Ren Tang Chinese Medicine 3613.HKHong Kong$617M-22%-21%32%10.9×-14.3%+2.8%
Chongkundang 185750.KSSouth Korea$611M-26%+7%4%12.6×n/an/a
Zhong Zhu Healthcare 600568.SSChina$628M-21%-6%-34%n/an/an/a
Aclaris Therapeutics ACRSUnited States$604M-21%-51%-1,040%n/an/an/a
DBV Technologies DBV.PAFrance$633M-47%n/an/an/an/an/a
JIANMIN PHARMACEUTICAL 600976.SSChina$638M-12%-2%8%7.1×-4.9%+6.5%
Tianjin Lisheng Pharmaceutical 002393.SZChina$598M-23%-3%7%9.7×-3.2%+4.1%
Olema Pharmaceuticals OLMAUnited States$641M-51%n/an/an/an/an/a
TTY Biopharm 4105.TWOTaiwan$596M+7%+5%33%10.9×-11.1%+8.8%
Supriya Lifescience SUPRIYA.NSIndia$593M-1%+28%30%23.6×27.9%+15.8%
Abbisko Cayman 2256.HKHong Kong$589M-48%-83%-520%n/an/an/a
Oneness Biotech 4743.TWOTaiwan$652M-21%+37%-510%n/an/an/a
Jinhe Biotechnology 002688.SZChina$587M-22%+9%5%9.5×14.8%+9.7%
Jinling Pharmaceutical 000919.SZChina$586M-14%-8%1%n/a5.0%+5.0%
Fuan Pharmaceutical (Group) 300194.SZChina$653M-11%-3%-1%n/a12.1%-5.9%
GuiZhou SanLi Pharmaceutical 603439.SSChina$657M-4%-6%5%30.1×23.2%+21.9%
Shandong Jincheng Pharmaceutical 300233.SZChina$661M-25%+2%4%n/a1.1%-1.6%
Lepu Biopharma 2157.HKHong Kong$663M-45%+47%7%61.2×n/an/a
Luoxin Pharmaceuticals Group Stock 002793.SZChina$664M-26%-10%-9%n/a0.3%-17.9%
Sun Pharma Advanced Research SPARC.NSIndia$665M+16%+3,141%84%n/an/an/a

Questions

Which companies are Innova Captab's closest peers?
The cockpit's peer set: Beijing Tong Ren Tang Chinese Medicine (3613.HK), Chongkundang (185750.KS), Zhong Zhu Healthcare (600568.SS), Aclaris Therapeutics (ACRS), DBV Technologies (DBV.PA), JIANMIN PHARMACEUTICAL (600976.SS), Tianjin Lisheng Pharmaceutical (002393.SZ), Olema Pharmaceuticals (OLMA).
Is Innova Captab expensive compared with its peers?
On forward p/e it trades at 30.4× against a peer median of 10.9×, 2nd most expensive of 10 in its peer set. For today's price to make sense, revenue must grow about 25% a year for seven years (Req g). Recent delivered growth is +31%, so the hurdle is -6 pp: the price already allows for a slowdown.
How has Innova Captab stock performed?
Over six months to 6 Nov 2026 the shares returned +18.2% against -21.4% for the median peer; over one year +22.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.