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Innovative Ideals and Services India Ltd

INNOVATIVE
BSE
23.46
4.97%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Innovative Ideals and Services India Ltd

INNOVATIVE
BSE
23.46
4.97%
29 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
27Cr
Close
Close Price
23.46
Industry
Industry
Trading
PE
Price To Earnings
PS
Price To Sales
7.12
Revenue
Revenue
4Cr
Rev Gr TTM
Revenue Growth TTM
9,275.00%
PAT Gr TTM
PAT Growth TTM
-29.47%
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INNOVATIVE
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Revenue
RevenueCr
522133100031
Growth YoY
Revenue Growth YoY%
-68.7-77.4-63.8-20.283.0104.3-76.4-92.2-94.7-100.07,950.0
Expenses
ExpensesCr
7382931013215
Operating Profit
Operating ProfitCr
-2-1-60-60-10-1-3-23-5
OPM
OPM%
-46.7-54.3-345.4-28.3-188.29.2-1,259.2-304.6-6,500.079.8-854.7
Other Income
Other IncomeCr
001110000010
Interest Expense
Interest ExpenseCr
111020000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
-3-2-60-70-10-1-3-23-5
Tax
TaxCr
000000000000
PAT
PATCr
-2-1-50-50-7-1-2-12-5
Growth YoY
PAT Growth YoY%
-176.4-42.4-123.5103.0-9.0-100.0-45.773.6-137.0219.9-254.7
NPM
NPM%
-42.0-75.7-259.12.9-154.30.0-952.6-245.4-4,775.071.1-856.6
EPS
EPS
0.0-1.1-4.00.0-4.40.0-6.4-0.5-1.7-1.12.0-4.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
121211202613354034
Growth
Revenue Growth%
0.1-12.290.126.2-51.0-72.131.8-22.2-92.91,167.616.3
Expenses
ExpensesCr
1111916201511117426
Operating Profit
Operating ProfitCr
11255-3-7-6-4-31-2
OPM
OPM%
6.25.720.122.620.7-21.8-200.9-140.2-100.8-1,288.227.3-52.3
Other Income
Other IncomeCr
00012012-6011
Interest Expense
Interest ExpenseCr
111011220000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
00356-4-8-7-10-31-1
Tax
TaxCr
00112-1-2-2-2-100
PAT
PATCr
00244-3-6-5-7-21-2
Growth
PAT Growth%
13,722.964.019.4-167.0-98.315.9-46.666.1140.9-324.1
NPM
NPM%
0.00.121.218.317.3-23.6-168.2-107.3-202.4-966.231.1-60.0
EPS
EPS
2.20.07.53.84.5-2.6-5.2-4.3-6.4-2.20.9-2.0

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital
Equity CapitalCr
123811111111111111
Reserves
ReservesCr
3135151272-6-8-7
Current Liabilities
Current LiabilitiesCr
9292116201314151312
Non Current Liabilities
Non Current LiabilitiesCr
514801189101314
Total Liabilities
Total LiabilitiesCr
1820223445453936302930
Current Assets
Current AssetsCr
1712223237291615868
Non Current Assets
Non Current AssetsCr
18137152321222322
Total Assets
Total AssetsCr
1820223445453936302930

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-100-6014-4-2-20
Investing Cash Flow
Investing Cash FlowCr
0000-1000000
Financing Cash Flow
Financing Cash FlowCr
1-1061-1-44220
Net Cash Flow
Net Cash FlowCr
00000000000
Free Cash Flow
Free Cash FlowCr
-100-6014-4-2-20
CFO To PAT
CFO To PAT%
1,987.2-4.4-153.3-5.0-40.1-66.384.729.262.9-19.3
CFO To EBITDA
CFO To EBITDA%
-128.047.4-4.7-123.9-4.2-43.4-55.564.858.547.2-22.0

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
0000182081133540
Price To Earnings
Price To Earnings
0.00.00.00.041.20.00.00.00.00.040.3
Price To Sales
Price To Sales
0.00.00.00.07.10.02.32.40.8141.912.6
Price To Book
Price To Book
0.00.00.00.06.80.00.50.90.510.99.5
EV To EBITDA
EV To EBITDA
6.06.72.31.635.0-3.9-3.3-4.3-5.8-16.868.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
24.118.531.133.240.318.0-102.134.4-4.0-700.865.0
OPM
OPM%
6.25.720.122.620.7-21.8-200.9-140.2-100.8-1,288.227.3
NPM
NPM%
0.00.121.218.317.3-23.6-168.2-107.3-202.4-966.231.1
ROCE
ROCE%
11.98.337.026.423.9-7.3-18.9-16.4-39.1-14.35.7
ROE
ROE%
0.00.437.828.916.6-12.5-32.9-38.2-127.1-75.823.6
ROA
ROA%
0.00.110.110.99.9-6.6-15.1-13.9-23.9-8.53.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Innovative Ideals and Services (India) Limited, incorporated in 2000 in Mumbai, Maharashtra, began as a proprietorship importing security equipment from Korea. Over two decades, it has evolved into a technology-driven system integration company offering comprehensive solutions in security, safety, building automation, and telecom infrastructure. The company serves both B2B and B2C markets domestically and internationally, with a strong focus on innovation and value engineering. --- ### **Core Business Segments & Product Offerings** The company provides end-to-end smart building and security solutions, including: - **Video Door Phones (VDP):** Marketed under proprietary brands *Onyx* and *Inok*, and through partnerships with global leaders like **FERMAX Electronica SAU** (IP-based systems). - **Home Automation:** Branded as *eHomes*, offering wireless and wired control of lighting, fans, curtains, and ACs via smart devices. - **CCTV & Security Systems:** AI-powered, cloud-based solutions such as **InnoEYE** and advanced AI-driven CCTV systems. - **Access Control & Digital Locks:** Integration with **YALE** digital locks and facial recognition technologies. - **Telecom Services:** Partnerships with **TATA Sky Broadband** and **Reliance Jio** for FTTH, DTH, and fiber infrastructure projects. - **Fire Alarm & Safety Systems:** Expansion into service-based offerings like fire detection and fitting. - **Personal Safety Devices:** Proprietary products *Savior* (for child safety with GPS tracking and panic alerts) and *ArmHer* (for women’s safety). - **Mobile Devices:** Entry into consumer electronics with basic feature phones under the *Inoyo* brand, with plans for high-end smartphones. --- ### **Key Strategic Developments (2023–2025)** #### **AI & Technology Innovation** - **Feb 2025:** Secured exclusive distributorship in Maharashtra for **‘Innovative-DoorVi’**, India's first AI-powered, cloud-based visitor management system developed by Codeplay Labs Pvt Ltd. - Uses **facial recognition AI** to enable automatic access for known visitors (family, staff, delivery personnel). - No dedicated hardware required; scalable across residential complexes, hotels, corporate towers, and homes. - Ongoing R&D in **AI-based CCTV** and **QR code-enabled audio/video security solutions** to enhance surveillance capabilities. #### **Government & Infrastructure Projects** - Since 2020, actively engaged in government and semi-government tenders. - Executed **fiber laying projects for Reliance Jio** under FTTH initiatives. - Focused on supply and execution of **CCTV, solar, and broadband infrastructure** to boost revenue through public-sector contracts. #### **Partnerships & Distribution Network** - Strong alliances with leading real estate developers in **Maharashtra**, particularly in premium residential projects. - Authorized distributor for: - **FERMAX** – Audio/Video Door Entry Systems - **TATA Sky** – Broadband & DTH - **JIO** – FTTH Solutions - **YALE** – Smart Lock Integration - Distribution network includes **23 stockists and over 20,000 retailers pan-India**. - B2C sales expanded through **call centers, TV shopping, and e-commerce platforms**. #### **Market Expansion & Commercialization Strategy** - **Geographic Focus:** Historically concentrated in **Maharashtra** due to skilled manpower constraints. Expansion to other states is planned, pending resource availability. - **Export Ambitions:** Actively pursuing international markets to globalize its product footprint, especially for AI-enabled security and smart home solutions. - **Commercialization Challenges:** Despite developing innovative products (e.g., Savior, ArmHer, InnoEYE), **marketing limitations** have delayed commercial rollouts. The company now has a dedicated strategy to strengthen marketing and scale product adoption. #### **Product Launches & Brand Development** - **2023–2024:** Launched **InnoEYE** (cloud-based SaaS CCTV), **Savior SOS switch**, and expanded *eHomes* wireless home automation. - **Sep 2024:** Launched *Inoyo* feature phones targeting Tier-2 and Tier-3 markets; planning future launch of high-end smartphones. - Continued development of **pandemic-responsive solutions** (touchless dispensers, UV/ozone sanitizers, disinfectant tunnels) during 2020–2022. --- ### **Strategic Priorities – As of September 2025** 1. **AI-Driven Growth:** Accelerating development and deployment of **AI-based CCTV and home automation** systems. 2. **Smart Access Solutions:** Scaling the adoption of **Innovative-DoorVi** across residential and commercial segments. 3. **QR-Based Security Tech:** Exploring **QR-enabled audio/video systems** for advanced, low-cost security applications. 4. **Design & Value Engineering:** Emphasizing **customized, optimized system designs** to maximize efficiency and client value. 5. **Export Market Penetration:** Leveraging innovative product portfolio to enter international markets. 6. **Nationwide Expansion:** Planning phased rollout beyond Maharashtra, supported by talent acquisition and operational scaling. --- ### **Leadership & Operational Strength** - Led by a promoter team with **over 20 years of industry experience**. - Strong emphasis on **after-sales service** and technical support, enhancing customer retention. - Proven track record: Delivered security and automation solutions for **over 21,800 apartments**. --- ### **Challenges** - **Geographic Concentration:** Heavy reliance on Maharashtra limits current revenue diversification. - **Marketing Gaps:** Past underinvestment in marketing has hindered commercialization of otherwise innovative products. - **Resource Constraints:** Expansion plans (geographic and product-wise) are contingent on skilled manpower availability.