
Innovision Limited Reports Strong FY26 Performance with 25% PAT Growth, Highlights Expansion in Drone and Toll Management
New Delhi, India, May 28, 2026 - Innovision Limited, an integrated infrastructure and services platform, has announced its financial results for the fourth quarter (Q4) and the full financial year (FY26) ended March 31, 2026. The company reported significant revenue growth and improved profitability across its diversified business platform, which spans manpower solutions, toll management, skill development, and emerging drone-led services.During FY26, Innovision delivered robust growth in revenue, EBITDA, and Profit After Tax (PAT), attributing the performance to operational efficiencies, improvement in business mix, and strong execution across its key verticals. The company is also strategically expanding its presence in government-linked infrastructure and service ecosystems while building capabilities in high-growth segments such as Drone Manufacturing & Drone-as-a-Service (DAAS), aerial intelligence, and surveillance solutions through its subsidiary, Aerodrone Robotics.
Key Financial Highlights
Innovision Limited reported steady year-over-year (YoY) growth for both Q4 and the full year.Financial Performance: Q4 FY26 vs Q4 FY25
| Particulars (₹ crore) | Q4 FY26 | Q4 FY25 | YoY Change (%) |
|---|---|---|---|
| Total Income | 268.78 | 252.55 | 6.42 |
| EBITDA | 18.46 | 20.55 | (10.17) |
| EBITDA Margins (%) | 6.87 | 8.14 | (126 BPS) |
| PAT | 11.87 | 10.96 | 8.33 |
| PAT Margins (%) | 4.42 | 4.34 | 7 BPS |
Financial Performance: FY26 vs FY25
| Particulars (₹ crore) | FY26 | FY25 | YoY Change (%) |
|---|---|---|---|
| Total Income | 986.61 | 895.95 | 10.12 |
| EBITDA | 61.13 | 51.75 | 18.13 |
| EBITDA Margins (%) | 6.2 | 5.78 | 42 BPS |
| PAT | 36.35 | 29.17 | 24.63 |
| PAT Margins (%) | 3.68 | 3.26 | 43 BPS |
Operational Growth Drivers
Lt. Col. Randeep Hundal, Chairman & Managing Director of Innovision Limited, stated that the strong operational and financial performance reflects the scalability of the integrated infrastructure services platform.He highlighted that during the year, total income increased to ₹986.6 crore, EBITDA grew approximately 18% to ₹61.1 crore, and PAT increased approximately 25% YoY to ₹36.4 crore.
Toll Management and Manpower:
The Toll Plaza Management business remained a key growth driver, supported by 12 active NHAI toll plazas. The Manpower & IFM vertical continued to provide operational scale and revenue visibility, deploying over 15,000 personnel across 23 states and 5 Union Territories. The company noted that healthy demand is being driven by infrastructure expansion, outsourcing trends, and formalization across India's services ecosystem.
Skill Development and Drone Services:
The Skill Development vertical saw encouraging momentum under government-backed programs such as PM Vishwakarma, PMKVY, and SANKALP. Simultaneously, FY26 marked a strategic acceleration in the company’s expansion into Drone Manufacturing & Drone-as-a-Service (DAAS), aerial intelligence, and surveillance solutions through Aerodrone Robotics. The company asserted that, as one of fewer than 50 DGCA-approved RPTOs in India, it is well-positioned within this rapidly growing market.
Looking ahead to FY27, the company remains focused on scaling toll operations, expanding manpower deployment, increasing skill development enrolments, and accelerating commercial execution in the drone segment, aiming to achieve 50-60% CAGR over the medium term.
INNOVISION Stock Price Movement
Innovision Limited shares today slipped by 0.96% to close at ₹305.7. The stock recorded a notable volume of 28,940 shares traded, finishing its session below its day's opening price.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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