Date: 13.08.2026

Financial Performance Summary (Consolidated Basis)

Key Financial Metrics

| Particulars (₹ Cr) | Q1 FY27 | Q1 FY26 | Y-o-Y Change |

| Total Income | 263.82 | 223.03 | 18.29% |

| EBITDA | (10.08) | 16.02 | (162.89%) |

| EBITDA Margins (%) | (3.82%) | 7.18% | (1,100.36) BPS |

| PAT | (7.36) | 12.39 | (159.38%) |

| PAT Margins (%) | (2.79%) | 5.55% | (834.19) BPS |

Performance Analysis

Total Income grew 18.29% year-on-year to ₹263.82 Cr from ₹223.03 Cr in Q1 FY26. However, the company reported negative EBITDA of ₹10.08 Cr compared to positive EBITDA of ₹16.02 Cr in Q1 FY26, representing a 162.89% decline. Profit After Tax turned negative at ₹7.36 Cr compared to positive PAT of ₹12.39 Cr in Q1 FY26, a decline of 159.38%.

EBITDA margins contracted significantly to -3.82% from 7.18% in Q1 FY26, a decline of 1,100.36 basis points. PAT margins also declined to -2.79% from 5.55% in Q1 FY26, a contraction of 834.19 basis points.

Operational Highlights

Toll Plaza Management Vertical

  • Core, asset-light business operating under NHAI user fee collection agency contracts
  • Currently operating 30 toll plazas under NHAI
  • Secured orderbook exceeds ₹1,214 Cr for FY27 across this vertical
  • Contributes over half of company's revenue

Other Business Verticals

  • Manpower & Security Services vertical serves diversified client base across healthcare, logistics, BFSI, and government sectors
  • Skill Development vertical remains anchored in government-linked programs under NSDC and MSDE

Management Commentary

Lt. Col. Randeep Hundal, Chairman & Managing Director, provided the following insights:

Performance Drivers

Q1 FY27 performance was impacted by a combination of external factors affecting the Toll Management vertical:

  • Geopolitical developments disrupted global supply chains and elevated fuel prices
  • Higher operating costs moderated commercial vehicle movement
  • Government advisory related to fuel conservation, work-from-home practices, and reduced non-essential travel led to temporary decline in vehicular movement
  • Route diversions and security arrangements reduced heavy commercial vehicle traffic at select project locations
  • These factors were beyond the Company's control

Business Resilience

  • Company continued to discharge all contractual obligations and maintained uninterrupted toll operations throughout the quarter
  • Remain confident in the underlying strength of the order book and business model
  • Expect temporary headwinds to normalize going forward
  • Focus on converting secured pipeline into sustained execution across verticals

Company Profile

Innovision Limited is an integrated services company offering solutions across manpower outsourcing, toll management, and skills management. The company holds multiple certifications: ISO 9001:2008, ISO/IEC 27001:2005, ISO 14001:2015, and OHSAS 18001:2007.

Office Locations

  • Corporate Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana

Forward-Looking Statements Disclaimer

The press release contains forward-looking statements subject to various risks and uncertainties including government actions, local developments, technological risks, and other factors beyond the Company's control. The company undertakes no obligation to publicly update or revise any forward-looking statements.