Innovana Thinklabs (BOM:544302) ROCE %: 3.66% (As of Mar. 2026)

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BOM:544302 Innovana Thinklabs Ltd BOM:544302
64 GF Score
Price ₹324.00
GF Value ₹483.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Innovana Thinklabs ROCE %?

Innovana Thinklabs BOM:544302 +1.90% 64 ROCE % is 3.66% as of Mar. 2026. GuruFocus rates BOM:544302 with a GF Score™ of 64/100 and a GF Value™ of ₹483.35 (Possible Value Trap). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Innovana Thinklabs's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.66%.

Innovana Thinklabs  (BOM:544302) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Innovana Thinklabs ROCE % Related Terms

Innovana Thinklabs ROCE % Historical Data

* Premium members only.

The historical data trend for Innovana Thinklabs's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innovana Thinklabs ROCE % Chart

Innovana Thinklabs Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.08 30.84 36.04 27.70 16.80

Innovana Thinklabs Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.68 26.63 20.69 16.07 3.66
BOM:544302
64GF Score
Innovana Thinklabs Ltd BOM:544302
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovana Thinklabs ROCE % Calculation

Innovana Thinklabs's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=484.555/( ( (2782.047 - 296.478) + (3650.09 - 368.128) )/ 2 )
=484.555/( (2485.569+3281.962)/ 2 )
=484.555/2883.7655
=16.80 %

Innovana Thinklabs's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=120.14/( ( (0 - 0) + (3650.09 - 368.128) )/ 1 )
=120.14/( ( 0 + 3281.962 )/ 1 )
=120.14/3281.962
=3.66 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.66% mean?
Innovana Thinklabs (BOM:544302) has a ROCE % of 3.66% as of Mar. 2026.
Is Innovana Thinklabs' ROCE % too high?
Innovana Thinklabs' current ROCE % is 3.66%. The Software industry median ROCE % is 5.35. Innovana Thinklabs' value of 3.66% is 31.6% below this industry median. Overall, Innovana Thinklabs has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Innovana Thinklabs' ROCE % compare to QH and SHOP?
Innovana Thinklabs' ROCE % of 3.66% can be compared against companies in the Software industry. The industry median ROCE % is 5.35. Innovana Thinklabs' value of 3.66% is 31.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.35, based on 2,726 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovana Thinklabs's current ROCE % of 3.66% is 31.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovana Thinklabs's current ROCE % is 3.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovana Thinklabs stock overvalued right now?
Based on GuruFocus' analysis, Innovana Thinklabs (BOM:544302) is currently considered Possible Value Trap. The stock's GF Value™ is ₹483.35, compared to a current price of ₹324.00 — trading 33% below its estimated fair value. The current ROCE % is 3.66% and 31.6% below the Software industry median of 5.35. Innovana Thinklabs' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Innovana Thinklabs (BOM:544302), the current ROCE % is 3.66% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Innovana Thinklabs (BOM:544302) Overvalued in 2026?

Based on GuruFocus' analysis, Innovana Thinklabs stock appears to be undervalued. The current stock price of ₹324.00 is trading 33% below its estimated GF Value™ of ₹483.35. GuruFocus considers Innovana Thinklabs to be Possible Value Trap.

Key valuation signals for BOM:544302:

  • ROCE %: 3.66%
  • GF Value™: ₹483.35 vs. price of ₹324.00 (33% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 31.6% below the Software median

No single metric tells the full story. See the BOM:544302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Innovana Thinklabs Business Description

Other Exchanges INNOVANA:India
Address Plot No. D-41, Patrakar Colony, Raja Park, Near Jawahar Nagar Moti Dungri Vistar Yojna, Jaipur, RJ, IND, 302004
Innovana Thinklabs Ltd is engaged in software and application development business services to the retail user. Principally, the company designs develops, and maintains software systems and solutions, as well as creates new applications and enhances the functionality of existing software products. Its product portfolio consists of applications and software such as adblocker, disk cleanup, space reviver, file opener, and privacy protector. In addition, the company also produces applications and software such as password manager, identity protector, malware protection, disk speedup, systems boost, and web protection.
64GF Score

Get the complete analysis for BOM:544302

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹324.00
Price
₹483.35
GF Value