Innovision posts ₹979 cr FY26 revenue with clean audit
Standalone revenue at ₹9,793.98 million, net profit ₹375.61 million. Auditors issued unmodified opinion on both standalone and consolidated results.
— 6 earlier stories on Innovision Ltd. →What's new
- Board approved audited standalone and consolidated results for Q4 and FY26.
- Standalone PAT of ₹375.61 million on revenue of ₹9,793.98 million.
- Statutory auditors issued unmodified opinion on both sets of financials.
Why this matters
A routine year-end filing with no surprises. The unmodified audit opinion provides clean closure to FY26, but the market already had full-year expectations from earlier disclosures. The focus now shifts to FY27 execution on recent order wins.
What we're watching
- FY27 revenue guidance (not provided in this filing).
- Sustenance of ROE above 36%, given debt/equity near 1.
- Trajectory of toll collection order wins in Q1 FY27.
The full read
Innovision's FY26 numbers are out. The board approved audited standalone revenue of ₹9,793.98 million and net profit of ₹375.61 million, with the statutory auditors issuing an unmodified opinion on both standalone and consolidated statements, a clean closure to the fiscal year. Hardly a surprise. The stock trades at 18.5x trailing earnings with 36.4% ROE, and the clean audit removes any accounting overhang. But the market had already priced in these numbers. The real test now is whether recent NHAI contract wins, including the corrected ₹197.53 cr deal, drive FY27 revenue acceleration. This filing offers no hints on that front.
Questions answered
- Why is this filing considered routine despite being audited annual results?
- The board had already approved unaudited quarterly results earlier. The audited version confirms those numbers with an unmodified opinion, adding no new revenue or profit surprises relative to market expectations.
- What does the unmodified audit opinion mean?
- It means the financial statements present a true and fair view in compliance with Ind AS, with no material misstatements or qualifications.
- How did the standalone revenue compare to the prior year?
- The filing did not include prior-year comparatives. Trailing screener data shows approximately 6.3% revenue growth, but that covers a different period.
- What is the consolidated revenue breakdown?
- Consolidated revenue was ₹9,807.76 million and profit ₹363.49 million, slightly lower than standalone due to less-than-100% subsidiaries.
Innovision Ltd.
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All notes on INNOVISION →- 1 Jul 2026 · 8:12 PM IST Innovision posts ₹979 cr FY26 revenue with clean audit
- 3d ago Innovision scrubs ₹8 cr order, reveals it's actually ₹197.5 cr NHAI deal
- 13d ago Innovision lands ₹7.73 cr NHAI contract, but smallest in recent streak
- 30d ago Innovision lands ₹25.69 cr NHAI toll contract
- 32d ago Innovision lands ₹26.35 cr NHAI toll contract, its latest highway win