InfoBeans Technologies Limited (INFOBEAN)
₹168.05 +3.08% last close, 16 Oct
Q2 FY27 results
📅 Next results: 28 Oct 2026 (board meeting)InfoBeans Technologies Limited's board meets on 28 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, InfoBeans Technologies' revenue was ₹153 Cr (+36.6% year on year, +7.7% on the previous quarter), and net profit ₹21.6 Cr (-7.3% year on year); the operating margin was 20.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹153 | +36.6% | +7.7% |
| Operating profit | ₹31.4 | +35.4% | +11.3% |
| Net profit | ₹21.6 | -7.3% | +0.8% |
| EPS (₹) | 2.23 | -6.8% | +0.9% |
| Operating margin | 20.6% | — | — |
EPS restated for the 3:1 bonus of Feb 2026: Q1 FY26 ₹9.57 to ₹2.39.
INFOBEAN delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 42.77% of the INFOBEAN shares traded on NSE were taken to delivery, against the stock's own 20-session average of 42.43%. That is close to its usual level. It traded 2.4 times its average daily volume.
Delivery in the last 5 sessions: 26.6% · 31.1% · 48.7% · 39.4% · 42.8%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
InfoBeans Technologies Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate issued by Registrar and Share Transfer Agent MUFG Intime India Pvt Ltd confirms that all dematerialisation processes comply with regulatory timelines. Notably, zero demat requests were received from shareholders during the quarter. This filing represents purely routine administrative compliance.
- Compliance certificate submitted under Regulation 74(5) for the quarter ended 30th September 2026
- Issued by RTA MUFG Intime India Private Limited on 06 October, 2026
- 0 requests received from shareholders for dematerialisation during the quarter ended 30th September 2026
InfoBeans Technologies submitted a clarification to NSE regarding the omission of a signature on the consolidated Limited Review Report (LRR) for the quarter ended June 30, 2026. The company confirmed that the signature was included in individual documents but dropped during PDF compilation due to a technical issue. The fully signed standalone and consolidated results (with consolidated PAT of ₹21.62 cr) have been refiled and placed on record. This is a purely procedural submission with no changes to the reported financial numbers.
- Clarified that the missing signature in the consolidated LRR for the quarter ended 30 June 2026 was inadvertent and due to technical compilation issues
- Consolidated profit for the quarter ended 30 June 2026 stood at ₹2,162 lakhs (₹21.62 cr) versus ₹2,144 lakhs in Q4 FY26
- Standalone revenue from operations for the quarter ended 30 June 2026 reported at ₹11,346 lakhs (₹113.46 cr)
- Allotted 15,400 equity shares of ₹10 each upon ESOP exercise during the quarter ended 30 June 2026
InfoBeans Technologies Limited has responded to a surveillance clarification sought by the National Stock Exchange (NSE letter dated August 28, 2026) regarding significant volume and price movement in its shares. The company clarified that it has made all required disclosures under Regulation 30 of the SEBI LODR Regulations in a timely manner. It confirmed that no material information or event is pending disclosure that could impact share price or volume. InfoBeans noted that the recent movement is purely market-driven and outside the company's control.
- Response submitted on August 31, 2026 to NSE surveillance letter dated August 28, 2026
- Confirmed full compliance with disclosure requirements under Regulation 30 of SEBI LODR Regulations, 2015
- Stated that no undisclosed material information or events exist that could impact price or trading volume
- Clarified that recent share price and volume movements are purely market-driven
InfoBeans Technologies Limited has submitted the minutes of its 16th Annual General Meeting held on August 07, 2026. Shareholders approved all agenda items with near-unanimous support (5,33,60,352 votes in favour out of 5,33,60,356 polled). Resolutions passed included the adoption of FY26 financial statements, the re-appointment of Director Avinash Sethi, and the declaration of a total dividend of INR 1.00 per equity share (comprising an INR 0.50 final dividend and an INR 0.50 special dividend).
- Shareholders approved a final dividend of INR 0.50 and a special dividend of INR 0.50 per equity share for FY26.
- Adoption of FY26 audited financial statements was approved with 100% of votes polled in favour (5,33,60,352 votes).
- Re-appointment of Director Mr. Avinash Sethi, retiring by rotation, was approved by shareholders.
- All resolutions passed smoothly with no queries raised by shareholders during the meeting.
InfoBeans Technologies has scheduled one-to-one physical meetings with analysts and institutional investors at the Emkay Confluence in Mumbai on August 13, 2026. The company, which reported a TTM revenue of ₹513 Cr and a PAT of ₹86 Cr, is currently executing a '10x growth journey' focused on AI-led engineering. These interactions are standard for small-cap companies (Market Cap ₹625 Cr) to improve institutional visibility and communicate long-term strategy. No price-sensitive information is typically shared in such one-to-one meetings that isn't already in the public domain.
- One-to-one physical meeting scheduled for August 13, 2026, in Mumbai
- Participation confirmed for the Emkay Confluence investor event
- Company maintains a high promoter holding of 72.82% as of June 2026
- TTM revenue stands at ₹513 Cr with a healthy OPM of 22.0%
InfoBeans Technologies Limited has submitted the voting results and Scrutinizer's report for its 16th Annual General Meeting (AGM) held on August 07, 2026. All ordinary resolutions proposed in the AGM notice were passed by the shareholders with the requisite majority. This is a standard procedural filing confirming the completion of annual corporate governance requirements. The company continues to operate with a TTM revenue of ₹513 Cr and a healthy OPM of 22.0%.
- 16th Annual General Meeting successfully concluded on August 07, 2026
- All ordinary resolutions approved by members with the requisite majority via e-voting
- Scrutinizer's report formally submitted to exchanges on August 09, 2026
- Company maintains a strong ROCE of 25.0% and low debt of ₹8 Cr
InfoBeans Technologies concluded its 16th Annual General Meeting on August 07, 2026, where shareholders approved all resolutions including the adoption of FY26 financial statements. A total dividend of ₹1 per equity share was declared, which includes a ₹0.50 final dividend and a ₹0.50 special dividend. This follows a strong FY26 performance where revenue grew to ₹513.11 Cr from ₹394.56 Cr in FY25. The meeting also confirmed the re-appointment of Mr. Avinash Sethi as a Director.
- Approved a total dividend of ₹1 per share, comprising ₹0.50 final and ₹0.50 special dividend
- FY26 annual revenue reported at ₹513.11 Cr with a net profit of ₹86.37 Cr
- The AGM was conducted via video conferencing and concluded within 27 minutes
- Re-appointed Mr. Avinash Sethi (DIN: 01548292) as a Director of the company
InfoBeans Technologies has issued a corrigendum to its 16th Annual General Meeting (AGM) notice, specifically revising the record date for dividend entitlement. The record date has been moved from July 31, 2026, to August 6, 2026. The AGM remains scheduled for August 7, 2026, at 4:00 p.m. IST. This change ensures that shareholders on the register as of the new date are eligible for the FY26 dividend payout.
- Revised record date for dividend entitlement is now August 06, 2026
- Original record date was previously set for July 31, 2026
- 16th Annual General Meeting (AGM) remains scheduled for August 07, 2026
- Company reported a TTM PAT of Rs 86.37 Cr for FY26
- Promoter holding remains stable at 72.82% as of June 2026
InfoBeans Technologies has issued a corrigendum to its 16th Annual General Meeting (AGM) notice, revising the record date for dividend entitlement. The record date has been shifted from July 31, 2026, to August 06, 2026. This change determines the eligibility of shareholders to receive the dividend for the financial year 2025-26. The AGM remains scheduled for August 07, 2026, and other meeting particulars remain unchanged.
- Revised record date for dividend entitlement is now August 06, 2026
- Original record date was previously set for July 31, 2026
- 16th Annual General Meeting (AGM) is scheduled for August 07, 2026, at 4:00 p.m. IST
- Company reported a TTM PAT of Rs 86 Cr on a TTM Revenue of Rs 513 Cr
- Promoter holding remains stable at 72.82% as of June 2026
InfoBeans Technologies has made the audio recording of its Q1 FY27 earnings call, held on July 22, 2026, available to the public. This filing is a procedural requirement following the release of un-audited financial results for the quarter ended June 30, 2026. Investors can use this recording to gain insights into management's '10x growth journey' and AI-led engineering strategy. The company currently operates with a TTM revenue of ‡513 Cr and a robust ROCE of 25.0%.
- Earnings call conducted on July 22, 2026, following Q1 results
- Covers the un-audited financial performance for the quarter ended June 30, 2026
- Company maintains a TTM revenue base of ‡513 Cr
- Promoter holding remains high at 72.8% as of the latest reporting period
- Management continues to target a 27% expected growth rate through AI-led services
InfoBeans Technologies reported a strong start to FY27 with Q1 revenue growing 33% YoY (20% in USD terms), significantly exceeding the 7% growth seen in FY25. Profitability remained robust with PAT increasing 28% YoY and EBITDA rising 21% YoY, supported by cost optimization and operational efficiency. The company onboarded 4 new clients and added 45 employees, signaling continued demand for its AI-led digital transformation services. With a current P/E of 7.3, the company is demonstrating high growth relative to its valuation.
- Revenue increased by 33% year-on-year, with 20% growth in USD terms for Q1 FY27
- Profit After Tax (PAT) grew by 28% compared to the same quarter in the previous year
- EBITDA grew by 21% year-on-year, driven by focused cost optimization initiatives
- Successfully onboarded 4 new clients during the April-June 2026 period
- Internal capacity expanded by 45 new team members to support the sales pipeline
InfoBeans Technologies reported a strong 36.6% YoY increase in consolidated revenue from operations for Q1 FY27, reaching ₹152.77 Cr. However, Net Profit (PAT) declined 7.3% YoY to ₹21.62 Cr, primarily due to a sharp 67.7% drop in 'Other Income' and a 35.7% rise in employee benefit expenses. Sequentially, revenue grew 7.7% from ₹141.82 Cr in the preceding quarter, while PAT remained nearly flat. The company's margins are currently under pressure as employee costs now consume 62.9% of operational revenue.
- Consolidated revenue from operations rose to ₹152.77 Cr in Q1 FY27 from ₹111.85 Cr in Q1 FY26.
- Employee benefit expenses increased significantly to ₹96.12 Cr compared to ₹70.82 Cr in the same quarter last year.
- Other income fell to ₹4.00 Cr from ₹12.39 Cr in the year-ago period, impacting bottom-line comparisons.
- Basic EPS stood at ₹2.23 for the quarter, adjusted for the 3:1 bonus issue completed in March 2026.
- Total expenses grew by 33.6% YoY to ₹127.48 Cr, trailing slightly behind revenue growth.
InfoBeans Technologies reported a strong start to FY27 with Q1 revenue reaching ₹156.8 Cr, a 33% YoY increase. EBITDA grew 21% YoY to ₹35.4 Cr, although margins compressed slightly to 23% from 25% due to aggressive investments in AI and sales capabilities. The company has successfully pivoted to AI-led engineering, which now accounts for 43% of total revenue. PAT increased 28% YoY to ₹21.6 Cr, aided by the adoption of a new tax regime effective April 1, 2026.
- Revenue from operations grew 33% YoY to ₹156.8 Cr for the quarter ended June 30, 2026.
- AI-augmented software development now contributes 43% of total revenue, up from previous periods.
- Cash and cash equivalents, including accounts receivable of ₹119 Cr, stood at ₹360 Cr.
- Targeting 100+ certified Claude Engineers by the end of the year through the Claude Partner Network.
- Maintained high client stickiness with 94% of revenue coming from existing clients and a 9-year average tenure for large enterprises.
InfoBeans Technologies reported a consolidated revenue of ₹112.42 Cr for Q1 FY27, showing a marginal 0.5% YoY growth and a 2.7% sequential increase. Net profit for the quarter was ₹21.62 Cr, a 7.3% decline from ₹23.32 Cr in Q1 FY26; however, the previous year's profit included a one-off US government grant of ₹6.36 Cr. Excluding this grant, underlying operational performance remains stable. The company also updated its merger scheme for InfoBeans Cloudtech to reflect an increased authorized capital of ₹100 Cr.
- Consolidated Revenue for Q1 FY27 stood at ₹112.42 Cr, up 2.7% from ₹109.46 Cr in the preceding quarter.
- Consolidated PAT of ₹21.62 Cr was impacted by the absence of a ₹6.36 Cr one-off grant received in the base quarter (Q1 FY26).
- Authorized Share Capital increased from ₹25 Cr to ₹100 Cr to facilitate the ongoing amalgamation of InfoBeans Cloudtech.
- Basic EPS for the quarter was ₹2.23, adjusted for the 3:1 bonus issue completed in March 2026.
- Employee benefit expenses on a standalone basis rose to ₹78.98 Cr from ₹51.87 Cr YoY, reflecting headcount additions.
InfoBeans Technologies has scheduled its earnings conference call for the first quarter ended June 30, 2026, on July 22, 2026, at 10:00 AM IST. The call will feature the company's co-founders and will likely address the company's progress toward its 27% growth target. With a current TTM revenue of Rs 513 Cr and a healthy ROCE of 25%, the market will be looking for updates on their AI-led engineering services and international expansion strategy. The session is scheduled for 45 minutes via Zoom.
- Earnings call scheduled for July 22, 2026, at 10:00 AM IST
- Focuses on financial performance for the quarter ended June 30, 2026
- Management representation includes the company's co-founders
- Company reported a TTM revenue of Rs 513 Cr and PAT of Rs 86 Cr as of the last cycle
- Call duration is set for 45 minutes ending at 10:45 AM IST
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.
