INFOBEAN - InfoBeans Tech.
📢 Recent Corporate Announcements
InfoBeans reported a breakout FY26 with revenue growing 32% YoY to ₹539 Cr and Profit After Tax (PAT) surging 128% to ₹87 Cr. The company issued a revised press release to correct a significant typographical error where FY26 PAT was previously understated as ₹38 Cr instead of the actual ₹87 Cr. Q4 FY26 marked the best quarter in the company's history with revenue of ₹147 Cr and a PAT margin of 15%. The board also rewarded shareholders with a 4x increase in total dividend to ₹1.00 per share.
- Full-year FY26 PAT surged 128% YoY to ₹87 Cr from ₹38 Cr in the previous year.
- Annual revenue grew 32% to ₹539 Cr, with 43% of revenue now coming from AI-augmented software development.
- EBITDA for FY26 reached ₹138 Cr, representing a robust 64% growth over FY25.
- Q4 FY26 revenue stood at ₹147 Cr, up 37% YoY, with a record PAT of ₹21 Cr.
- Total dividend for FY26 increased to ₹1.00 per share (including ₹0.50 special dividend) vs ₹0.25 in FY25.
InfoBeans delivered a breakout performance in FY26, with Profit After Tax (PAT) more than doubling to ₹87 Cr from ₹38 Cr in the previous year. Annual revenue grew 32% YoY to ₹539 Cr, supported by a strong pivot to AI-augmented software development which now contributes 43% of total revenue. The company reported its best-ever quarterly performance in Q4 FY26, with revenue reaching ₹147 Cr and PAT margins expanding to 15%. Reflecting this growth, the board announced a total dividend of ₹1.00 per share, a fourfold increase from the previous year.
- Full-year PAT grew 128% YoY to ₹87 Cr, while EBITDA rose 64% to ₹138 Cr.
- Annual revenue reached ₹539 Cr, a 32% increase in INR terms and 24% in USD terms.
- Q4 FY26 revenue hit a record ₹147 Cr with a 15% PAT margin, up from 10% in Q4 FY25.
- Dividend increased 4x to ₹1.00 per share, comprising ₹0.50 normal and ₹0.50 special dividend.
- AI-augmented software development now contributes 43% of total revenue with 24 new clients added in FY26.
InfoBeans Technologies delivered its best-ever financial performance for the fiscal year ended March 31, 2026. Annual revenue grew 32% to ₹539 crore, while PAT saw a massive jump of 128% to reach ₹87 crore, driven by operational efficiencies and high-margin AI-led projects. The company has successfully pivoted towards AI, with 43% of revenue now coming from AI-augmented software development. Additionally, the board has recommended a total dividend of ₹1 per share, including a special dividend for exceptional growth.
- FY26 Revenue increased by 32% YoY to ₹539 crore, with Q4 FY26 marking the best quarter in company history at ₹147 crore.
- Annual PAT surged 128% to ₹87 crore, with EBITDA margins expanding significantly from 20% to 26% YoY.
- AI-augmented software development now contributes 43% of total revenue, supported by the launch of new AI platforms like InsaneSDD 2.0 and InfoBeans RAI.
- Maintained high client retention with 94% repeat business and 18 Fortune 500 clients currently on board.
- Board recommended a dividend of ₹1 per share (₹0.50 normal + ₹0.50 special), representing an 11% payout of the year's PAT.
InfoBeans Technologies has launched InsaneSDD 2.0, an AI-amplified development accelerator designed to streamline software delivery by eliminating specification ambiguity. The tool integrates Large Language Models like ChatGPT and Grok to automate the creation of development-ready specs and test cases. Management claims the platform can reduce development cycles and production defects by up to 50% while saving up to 70% of Dev Days. This product launch positions InfoBeans as a leader in AI-led engineering, potentially improving project margins and delivery speed for enterprise clients.
- Reduces development cycles and production defects by up to 50% through AI-fueled playbooks
- Claims significant operational efficiency with up to 70% savings in Dev Days
- Improves project estimation accuracy by 20-25% and sprint reliability by 30-40%
- Integrates with enterprise AI tools including Gemini Code Assist, GitHub Copilot, and CodeRabbit
- Follows the company's recognition as ServiceNow APAC Transformation Partner of the Year 2026
InfoBeans Technologies has launched RAI (Reliability & Assurance Intelligence), an AI-native QA agent designed to ensure the reliability of AI-generated software. The platform addresses the critical trust gap in agentic software engineering by acting as an intelligent QA layer in CI/CD pipelines. Offered as a Services-As-Software (SaS) model, it leverages InfoBeans' 26-year history and global workforce of over 2,000 professionals. This launch aligns with the company's recent recognition as the ServiceNow APAC Transformation Partner of the Year 2026.
- RAI is an AI-native QA agent built to work with modern agentic setups including Claude.ai and Claude Code.
- The platform is offered via a Services-As-Software (SaS) model, combining managed service expertise with platform scalability.
- InfoBeans operates with a team of 2,000+ professionals and has over 26 years of experience in technology services.
- The system features a three-layer architecture including a multi-tenant platform, domain intelligence, and a multi-agent workflow system.
InfoBeans Technologies has launched RAI (Reliability & Assurance Intelligence), an AI-native QA automation agent designed to validate AI-generated code. The product addresses the critical reliability gap in agentic software engineering by providing an intelligent QA layer for CI/CD pipelines. Offered as a 'Services-As-Software' (SaS) model, it combines the scalability of a platform with the company's managed services expertise. This launch leverages InfoBeans' 2,000+ professional workforce and its status as a ServiceNow Premier Partner to capture the growing GenAI market.
- Launch of RAI, an AI-native QA agent designed to ensure trust in AI-generated software output.
- Adopts a 'Services-As-Software' (SaS) business model, merging platform scalability with domain expertise.
- Built on a three-layer architecture including a multi-tenant platform, domain intelligence, and multi-agent systems.
- Seamlessly integrates with modern AI tools like Claude.ai and Claude Code, as well as Jira and Trello.
- InfoBeans employs over 2,000 professionals and was recognized as ServiceNow APAC Transformation Partner of the Year 2026.
InfoBeans Technologies reported a robust performance for the quarter ended March 31, 2026, with standalone revenue growing 47.5% YoY to ₹109.46 crore. Net profit for the quarter rose by 49.3% YoY to ₹19.25 crore, while full-year FY26 profit surged to ₹67.07 crore from ₹46.97 crore in the previous year. The board recommended a total dividend of ₹1 per share, comprising a final dividend of ₹0.50 and a special dividend of ₹0.50. Additionally, the company approved the allotment of 15,400 equity shares and appointed new internal auditors for the upcoming fiscal year.
- Standalone Q4 Revenue from operations increased by 47.5% YoY to ₹109.46 crore
- Net Profit for Q4 FY26 stood at ₹19.25 crore, up from ₹12.89 crore in Q4 FY25
- Full-year FY26 Revenue grew to ₹381.08 crore, representing a 36.4% growth over FY25
- Recommended a total dividend of ₹1.00 per share, including a ₹0.50 special dividend
- Full-year Basic EPS increased significantly to ₹6.91 from ₹4.82 in the previous year
InfoBeans Technologies has scheduled its earnings conference call for Tuesday, April 28, 2026, at 5:00 PM IST. The call will focus on the financial results for the fourth quarter and the full fiscal year ended March 31, 2026. The company's co-founders will lead the discussion, providing insights into the year's performance and future outlook. The session is expected to last 45 minutes and requires prior registration via Zoom.
- Earnings call scheduled for April 28, 2026, at 05:00 PM IST.
- Covers financial performance for Q4 and the full year ended March 31, 2026.
- Management representation will include the company's co-founders.
- The session is scheduled for a duration of 45 minutes (05:00 PM to 05:45 PM).
InfoBeans Technologies has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Siddharth Sethi as Managing Director. The proposed term is for five years, effective from February 20, 2026, to February 19, 2031. The e-voting process will be open from April 19, 2026, to May 18, 2026, with final results expected by May 19, 2026. This move is aimed at ensuring leadership continuity and stability for the company's long-term strategic objectives.
- Proposed re-appointment of Mr. Siddharth Sethi as Managing Director for a 5-year tenure starting February 20, 2026
- E-voting period scheduled to run from April 19, 2026, to May 18, 2026
- Cut-off date for determining shareholder voting eligibility is April 10, 2026
- Final results of the postal ballot to be announced on or before May 19, 2026
InfoBeans Technologies has officially denied speculative reports published on the Whalesbook platform regarding the sale of two subsidiaries. The company clarified that no such transaction has taken place and the reported information is factually incorrect and misleading. Additionally, InfoBeans refuted claims of a trading halt on April 1, 2026, explaining it follows standard SEBI Insider Trading window closure protocols instead. The management confirmed that all material events are disclosed through official channels and urged investors to ignore unverified news.
- Company denied reports of selling 2 subsidiaries as published on the Whalesbook platform
- Clarified that no trading halt is scheduled for April 1, 2026, contrary to speculative reports
- Confirmed adherence to SEBI Insider Trading Regulations for standard window closures
- Stated that all material information under Regulation 30 is disclosed to exchanges in a timely manner
InfoBeans Technologies Limited has notified the exchanges regarding the closure of its trading window for all designated persons starting April 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the audited financial results for the quarter and year ending March 31, 2026. The window will remain closed until 48 hours after the financial results are officially declared. The specific date for the board meeting to approve these results will be communicated in due course.
- Trading window closure effective from April 1, 2026, for designated persons.
- Closure is related to the upcoming audited financial results for the year ending March 31, 2026.
- Window to reopen 48 hours after the public announcement of the financial results.
- Complies with SEBI (Prohibition of Insider Trading) Regulations, 2015.
InfoBeans Technologies Limited has informed the exchanges regarding its recent interactions with institutional investors. On March 18, 2026, the company's management held separate virtual meetings with White Pine Investment Management and Banyan Capital Advisors. These meetings were conducted under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such disclosures are routine but indicate active engagement between the company management and the investment community.
- Virtual meeting conducted with White Pine Investment Management on March 18, 2026
- Virtual meeting conducted with Banyan Capital Advisors on March 18, 2026
- Disclosures made pursuant to Regulation 30(6) of SEBI LODR Regulations
- Meetings focused on institutional investor interactions regarding company performance
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
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.