Innovana Thinklabs Subsidiary Secures 43% Stake in New Real Estate Venture

Innovana Thinklabs Limited's wholly owned subsidiary, Innovana Infrastructure Limited, has made a strategic move into the real estate sector by acquiring a 43% stake in Innovana Real Estate Private Limited. The acquisition, valued at Rs. 2.15 lakh, represents a significant step in Innovana Thinklabs' diversification efforts.

The newly incorporated entity, Innovana Real Estate Private Limited, has an authorized share capital of Rs. 10.00 lakh and a paid-up capital of Rs. 5.00 lakh. Despite its recent incorporation, the company has yet to commence commercial operations. This investment by Innovana Infrastructure Limited positions Innovana Thinklabs to tap into the burgeoning real estate market.

The acquisition was made through a cash subscription to the share capital, demonstrating Innovana Thinklabs' commitment to expanding its presence in new market segments. While the authorized share capital stands at Rs. 10.00 lakh, the current paid-up capital is Rs. 5.00 lakh, indicating room for potential future capital infusion as the entity begins its operations.

Innovana Thinklabs Limited is a diversified company with a strong presence in software development. The company also has subsidiaries in various sectors, including fitness, infrastructure, astro services, and green energy. This strategic investment in real estate aligns with the company's broader vision to explore new growth opportunities and enhance its market presence.

The real estate sector in India is poised for significant growth, driven by urbanization, increasing demand for residential and commercial spaces, and government initiatives to boost infrastructure development. Innovana Thinklabs' entry into this sector is a well-calculated move that could yield substantial returns in the long term.

Historically, Innovana Thinklabs has demonstrated strong financial performance. In the second quarter of the fiscal year 2025-26, the company reported a 42.79% increase in revenue to ₹327.00 crore and a 16.51% rise in net profit to ₹127.00 crore compared to the same quarter last year. EBITDA also grew by 15.45% to ₹142.00 crore. However, the EBITDA margin declined from 53.71% to 43.43%, which may be attributed to higher operational costs or changes in the product mix.

Innovana Thinklabs' diversified portfolio, including its new venture into real estate, positions the company to navigate market challenges and capitalize on emerging opportunities. Stakeholders and investors will be closely watching the progress of Innovana Real Estate Private Limited to gauge the impact of this strategic move on the company's overall business strategy.

Overall, the acquisition of a 43% stake in Innovana Real Estate Private Limited is a promising development for Innovana Thinklabs, signaling its intent to diversify and grow in a high-potential sector. As the real estate venture begins to take shape, it will be interesting to see how it contributes to the company's financial performance and strategic goals.