INFOBEAN - InfoBeans Tech.
📢 Recent Corporate Announcements
InfoBeans Technologies has issued a proactive update regarding the Iran-Israel conflict, characterizing the potential impact as neutral to slightly cautious. The company has limited exposure to the Middle East, with the MENA region contributing only 7-8% of consolidated revenue through its Dubai office. Its primary revenue drivers remain the US and Europe, which together account for 87% of total turnover. While no material impact on operations or delivery has been observed to date, the company notes that an escalation could lead to slower client decision-making in the MENA region.
- MENA region accounts for approximately 7-8% of total consolidated revenue.
- Primary markets in the US and Europe contribute 87% of the company's total revenue.
- Company maintains no offices, employees, or operational presence within Israel.
- No material impact currently observed on operations, delivery, or client engagements.
- Potential risk identified for project timeline delays in the Middle East if conflict escalates.
InfoBeans Technologies has approved the re-appointment of Mr. Siddharth Sethi as Managing Director for a five-year tenure effective from February 21, 2026. Mr. Sethi, who has been on the board since 2011, holds a significant stake of 2,37,20,504 shares in the company. With 25 years of experience and an MBA from IIM Indore, his continuation ensures leadership stability. This move is expected to provide strategic continuity for the IT services firm's long-term growth objectives.
- Re-appointment of Mr. Siddharth Sethi as Managing Director for a 5-year term starting February 21, 2026
- The appointee holds a substantial equity stake of 2,37,20,504 shares in the company
- Mr. Sethi brings 25 years of professional experience and has been a board member since March 18, 2011
- The position is a whole-time director role and is not liable to retire by rotation
InfoBeans Technologies has been recognized as the 2026 ServiceNow Transformation Partner of the Year for the Asia Pacific region. This marks the second time the company has received a ServiceNow award in APAC, following its 2024 win for Consulting and Implementation. The recognition specifically highlights InfoBeans' expertise in AI-led digital transformation and GenAI customer value. Such global accolades enhance the company's brand equity and competitive positioning within the high-growth ServiceNow ecosystem.
- Awarded 'Transformation Partner of the Year 2026 - Asia Pacific' by ServiceNow
- Received 'Honorable Mention for AI Customer Value 2026 - Asia Pacific' in the GenAI category
- Marks the second major ServiceNow award for InfoBeans in the APAC region since 2024
- Leverages over 10 years of partnership with ServiceNow to deliver AI-powered workflow solutions
InfoBeans Technologies has successfully completed the allotment of 7,27,19,580 bonus equity shares to eligible shareholders. The allotment was executed in a 3:1 ratio, providing three new shares for every one existing share held as of the record date, February 27, 2026. This corporate action has increased the company's total paid-up equity share capital from Rs. 24.24 crore to Rs. 96.96 crore. The new shares will rank pari-passu with existing equity shares and are expected to improve the stock's liquidity.
- Allotted 7,27,19,580 fully paid-up bonus equity shares of Rs. 10 each
- Bonus issue ratio maintained at 3:1 for all eligible shareholders
- Total paid-up share count increased from 2,42,39,860 to 9,69,59,440 shares
- Paid-up share capital value rose from Rs. 24.24 crore to Rs. 96.96 crore
- Record date for eligibility was confirmed as February 27, 2026
InfoBeans Technologies Limited has announced a series of in-person meetings with institutional investors scheduled for February 25, 2026. The company's co-founder and promoter, Mr. Avinash Sethi, will be interacting with representatives from Bandhan AMC, Nippon AIF, and PNB Metlife Insurance. These meetings are organized by Emkay Global and fall under Regulation 30 of SEBI's listing requirements. Such engagements typically aim to provide institutional investors with deeper insights into the company's operational performance and future outlook.
- In-person investor meetings scheduled for February 25, 2026.
- Interaction with three major institutions: Bandhan AMC, Nippon AIF, and PNB Metlife.
- Company representation by co-founder and promoter Mr. Avinash Sethi.
- Meetings organized by Emkay Global to facilitate institutional engagement.
The founders of InfoBeans Technologies have donated 2,43,000 equity shares to the Navodaya Foundation, a registered charitable trust. This donation is valued at approximately INR 22 crore and is intended to support social impact initiatives in education, environmental sustainability, and animal protection. The transfer is made from the promoters' personal holdings and does not involve any new share issuance by the company. While it reduces the promoters' direct stake, it reflects a strong commitment to ESG principles without diluting existing shareholders.
- Founders donated 2,43,000 equity shares of InfoBeans Technologies Limited
- Total value of the donated shares is approximately INR 22 crore
- Donation made to Navodaya Foundation, a Bengaluru-based public charitable trust
- No fresh issuance of shares occurred; transfer was from existing promoter holdings
InfoBeans Technologies Limited has announced a National Company Law Tribunal (NCLT) convened meeting of its equity shareholders on March 14, 2026. The meeting is specifically called to seek approval for the Scheme of Amalgamation between InfoBeans Cloudtech Limited (Transferor) and InfoBeans Technologies Limited (Transferee). Shareholders as of the cut-off date of August 7, 2025, are eligible to vote on this resolution. This move is part of a corporate restructuring to consolidate the group's cloud technology operations.
- Meeting of Equity Shareholders scheduled for March 14, 2026, at 11:00 AM in Indore.
- Proposed merger of InfoBeans Cloudtech Limited into InfoBeans Technologies Limited.
- Cut-off date for determining shareholder voting eligibility is August 7, 2025.
- Approval requires a majority of equity shareholders present and voting in person or via proxy/e-voting.
- The amalgamation remains subject to final sanction from the NCLT Indore Bench post-shareholder approval.
InfoBeans Technologies has approved the draft notice to convene a meeting of its equity shareholders on March 14, 2026, following directions from the National Company Law Tribunal (NCLT). The board meeting held on February 09, 2026, was brief, lasting only 15 minutes to finalize these regulatory requirements. The upcoming shareholder meeting will be held physically at 11:00 AM. NCLT-directed meetings are typically associated with significant corporate actions such as mergers, demergers, or schemes of arrangement.
- Board approved draft notice for an NCLT-directed Equity Shareholders meeting.
- The shareholder meeting is scheduled for March 14, 2026, at 11:00 AM.
- The meeting will be conducted in physical mode as per regulatory directions.
- The board meeting was conducted on February 09, 2026, between 8:00 PM and 8:15 PM.
InfoBeans Technologies Limited informed the stock exchanges about an in-person meeting between its management and Nippon AIF held on February 6, 2026. This disclosure is a routine filing under Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such interactions are typical for listed companies to engage with institutional investors regarding business updates. No specific financial projections or material non-public information were disclosed in this brief notification.
- Management interaction held with Nippon AIF on February 6, 2026
- The meeting was conducted in an in-person format
- Compliance filing under SEBI (LODR) Regulations, 2015
InfoBeans Technologies reported a robust Q3 FY26 with a 38% YoY revenue jump and a 173% YoY increase in PAT. The company announced a 3:1 bonus issue to reward shareholders, while maintaining a healthy cash position of ₹319 crores. Although sequential PAT dropped 15% due to employee appraisals and 77 new hires, EBITDA margins remained at the management's steady-state target of 24%. The company is aggressively pivoting towards AI-led engineering with new accelerators like 'Insane SDV' to drive future growth.
- Revenue grew 38% YoY to ₹392 crores for the nine-month period, with a 24% CAGR since 2021.
- Announced a 3:1 bonus issue, granting three new equity shares for every one share held.
- EBITDA margins normalized to 24% in Q3 from 29% in Q2, aligning with long-term management targets.
- Net addition of 77 team members during the quarter, bringing total headcount to over 1,600.
- Launched 'Insane SDV' AI accelerator, claiming 50% gains in development speed and defect reduction.
InfoBeans Technologies Limited has announced a virtual investor interaction session scheduled for February 8, 2026. The session will feature Mr. Avinash Sethi, the company's co-founder and promoter, providing a platform for direct engagement with the leadership. Organized by Divitiae Investments, the meeting will run for one hour from 11:30 am to 12:30 pm IST. Such interactions are standard practice for maintaining transparency with the institutional investor community.
- Virtual investor session scheduled for February 8, 2026, at 11:30 am IST.
- Co-founder and promoter Mr. Avinash Sethi to lead the interaction.
- The session is organized by Divitiae Investments and requires prior registration.
- Disclosure made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
InfoBeans Technologies has officially released the audio recording of its earnings conference call held on January 23, 2026. The call focused on the company's un-audited financial results for the third quarter ended December 31, 2025. This disclosure is a routine regulatory requirement under Regulation 30 of SEBI (LODR) Regulations, 2015. The recording provides investors with direct access to management's commentary and their responses to analyst queries regarding recent performance.
- Audio recording of the earnings call held on January 23, 2026, is now available for public access.
- The call discussed the un-audited financial results for the quarter ended December 31, 2025.
- Compliance filing submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements).
- The recording is hosted on the company's official website to ensure transparency for all stakeholders.
InfoBeans Technologies Limited has informed the exchanges that the audio recording for its Q3 FY26 earnings call is now available for public access. The call, which took place on January 23, 2026, discussed the un-audited financial results for the quarter ended December 31, 2025. This disclosure is a standard regulatory requirement under SEBI (LODR) Regulations, 2015. Investors can access the recording through the official company website to understand management's perspective on recent performance.
- Audio recording of the earnings call held on January 23, 2026, is now live.
- The call pertains to the un-audited financial results for the quarter ended December 31, 2025.
- Compliance filing made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The recording is hosted on the company's official website at infobeans.ai.
InfoBeans Technologies Limited has informed the stock exchanges about a meeting held with institutional investors on January 29, 2026. The company's management engaged in an in-person interaction with Rational Equity Partners LLP. This disclosure is a routine compliance filing under Regulation 30(6) of the SEBI (LODR) Regulations, 2015. While the specific discussion points were not disclosed, such meetings typically focus on business strategy and performance updates.
- Meeting held on January 29, 2026, with Rational Equity Partners LLP
- The interaction was conducted as an in-person meeting between management and investors
- Compliance filing submitted under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company is listed on both NSE (INFOBEAN) and BSE (543644)
InfoBeans Technologies has launched the beta version of Expona 2.0, an advanced AI agent designed for enterprise knowledge management. The product utilizes a hybrid RAG architecture, combining GraphRAG and LiveRAG to deliver a high response accuracy of up to 95%. Targeted at sectors like BFSI and manufacturing, the tool aims to optimize LLM costs and streamline data accessibility. This launch reinforces InfoBeans' strategic shift towards becoming an AI-led digital transformation company.
- Launch of Expona 2.0 (formerly Quilo) for real-time enterprise knowledge management
- Achieves up to 95% response accuracy using hybrid GraphRAG and LiveRAG architecture
- Includes Role-Based Access Control (RBAC) and focuses on optimizing LLM operational costs
- Targeted at high-growth industries including BFSI, logistics, and manufacturing
- Simplified 3-step deployment process designed to reduce enterprise search time and boost conversions
Financial Performance
Revenue Growth by Segment
The company registered a total revenue of INR 409 Cr in FY25, representing a 7% growth compared to INR 384 Cr in FY24. In Q2 FY26, revenue from operations grew 27% YoY to INR 130 Cr.
Geographic Revenue Split
InfoBeans operates globally with offices in India (Indore, Pune, Chennai, Bengaluru), USA (Silicon Valley, New York), Europe (Frankfurt), and the Middle East (Dubai). Revenue in USD terms grew by 20% YoY in Q2 FY26.
Profitability Margins
Net Profit Margin improved significantly from 5.80% in FY24 to 9.3% in FY25. Q2 FY26 PAT increased to INR 23 Cr from INR 13 Cr YoY, driven by higher sales volumes spreading fixed costs.
EBITDA Margin
The company targets a consistent EBITDA margin of 24%. In Q2 FY26, EBITDA grew to INR 26 Cr from INR 23 Cr YoY, supported by improved utilization and lateral hiring alignment.
Capital Expenditure
The company is currently investing in the Indore IT Park project to expand its delivery infrastructure. Total equity stood at INR 332 Cr as of March 2025, up from INR 296 Cr.
Credit Rating & Borrowing
The company is almost debt-free. The interest coverage ratio rose sharply by 258.96% to 22.83 in FY25 due to a reduction in finance costs and derecognition of INR 25 Cr in deferred consideration.
Operational Drivers
Raw Materials
Human Capital/Software Engineers (1,402 team members and 45 contractual staff as of March 2025) represent the primary operational cost.
Import Sources
Talent is primarily sourced from India (Indore, Pune, Chennai, Bengaluru) and the USA (Silicon Valley, New York).
Key Suppliers
Not applicable for software services; focus is on talent acquisition and lateral hiring from the market.
Capacity Expansion
Achieved CMMI Level 5 in 2025. Added 98 net employees in Q2 FY26. Delivery centers are located in Indore, Pune, Chennai, and Bengaluru.
Raw Material Costs
Employee benefit provisions increased by INR 2 Cr in FY25. Cost controls and process optimization contributed to a 72.7% increase in net profit to INR 38 Cr.
Manufacturing Efficiency
Utilization is optimized by aligning hiring with the sales pipeline; revenue growth of 27% YoY in Q2 FY26 indicates high operational efficiency.
Strategic Growth
Expected Growth Rate
27%
Growth Strategy
Executing a '10x growth journey' by focusing on AI-led data and engineering, expanding wallet share from existing long-term clients, and strategic leadership hires like CRO Harmeet Bhatia and Advisor Phaneesh Murthy.
Products & Services
Software development services, AI-led data and engineering, and ServiceNow ecosystem services (agineo partnership).
Brand Portfolio
InfoBeans, InfoBeans CloudTech.
New Products/Services
Expansion into AI-led engineering services and strengthening the ServiceNow partnership ecosystem.
Market Expansion
Expanding global footprint in USA and Europe; onboarded Opal Perry (CTO of Easyjet) as Independent Director to guide international strategy.
Strategic Alliances
ServiceNow Partner (agineo partnership); Advisor Phaneesh Murthy onboarded to the Board.
External Factors
Industry Trends
The IT-BPM industry is shifting toward AI-led engineering; InfoBeans is positioning itself with CMMI Level 5 certification and global leadership hires.
Competitive Landscape
Competes in the global IT-BPM and software development services market.
Competitive Moat
Durable advantage through long-term client relationships (up to 20 years with ALM) and high-level CMMI Level 5 quality certification which acts as a significant entry barrier.
Macro Economic Sensitivity
Sensitive to global IT spending and USD/INR exchange rates, as evidenced by 20% USD revenue growth reporting.
Consumer Behavior
Clients are increasingly seeking 'WOW moments' and complex engineering solutions rather than simple staff augmentation.
Geopolitical Risks
Exposure to US, European, and Middle Eastern markets for revenue generation.
Regulatory & Governance
Industry Regulations
Compliance with Companies Act amendments regarding internal control systems and SEBI Regulation 30 for timely disclosures.
Environmental Compliance
Earned Ecovadis sustainability rating; planted 382 trees in Q2 FY26 as part of stakeholder value initiatives.
Taxation Policy Impact
Current tax liabilities were Nil in FY25 compared to INR 1 Cr in FY24. USA tax reclassifications for InfoBeans INC were noted.
Risk Analysis
Key Uncertainties
Significant market-driven price movement in equity shares (clarified to BSE in Dec 2025) and dependency on lateral hiring timing.
Geographic Concentration Risk
Significant revenue concentration in the USA and India markets.
Third Party Dependencies
Dependency on key long-term clients like IQVIA and ALM for recurring revenue growth.
Technology Obsolescence Risk
Mitigated by the strategic shift to becoming a global AI-led data and engineering company.
Credit & Counterparty Risk
Current ratio improved 101% to 7.73 in FY25, indicating exceptionally high liquidity and low credit risk.