INFOBEAN
InfoBeans Technologies share price & financials
- Price
- ₹166.83
- Market cap
- ₹1.5k Cr
- Sector
- Information Technology
- Calls analysed
- 6
InfoBeans Technologies Limited Q1 FY27
What went well
- Revenue from operations increased 33% year-on-year to 153 crores in Q1 FY27.
- Profit After Tax (PAT) grew 28% year-on-year to 22 crores in Q1 FY27.
- 43% of revenue as of March 2026 comes from AI-augmented software development services, highlighting strong AI adoption.
What to watch
- EBITDA margin slightly decreased to 23% due to significant investments in AI and sales capabilities.
- PAT margin was impacted by one-time tax expenses related to a shift in tax regime, though normalization is expected next quarter.
What InfoBeans Technologies Limited does
InfoBeans Technologies is an AI-led software engineering and digital transformation company that designs, builds and sustains enterprise software, data and cloud solutions for global clients. It earns revenue through project- and retainer-based technology services spanning product engineering (custom enterprise, web, mobile and cloud application development) and digital transformation consulting/implementation on Salesforce and ServiceNow platforms, supplemented by AI-augmented development and a smaller cloud storage/virtualization business (InfoBeans CloudTech). It serves large enterprises and Fortune 500 clients across banking, insurance, healthcare/life sciences, logistics and telecom, delivering largely out of India to clients concentrated in the US, Europe, UAE and APAC.
Segments
- Digital Transformation
- Product Engineering
- InfoBeans CloudTech
- Employees
- 1,790+
- Global office locations
- 9 — Indore (HQ), Pune, Chennai and Bengaluru in India; Silicon Valley and New York in the US; Dubai; Frankfurt; Czech Republic
- Large enterprise clients
- 50
- Fortune 500 clients
- 18
- Enterprise clients with $1bn+ revenue
- 32
- Clients billed $1mn-$10mn annually
- 11
Guidance record · Q1 FY27
what the last two calls moved 10 tracked 4 delivered 0 missed 6 open- FY26 Revenue delivered said Q1 FY26 Promised: Break the stigma of 400 crores this year. Q1 FY27: This promise was for FY26 and was successfully achieved. No further updates.
- EBITDA Margin at risk said Q4 FY26 Promised: We always maintain that we are happy with 24% EBITDA margin... don't be upset if we go back to 24%. Q1 FY27: Q1 FY27 EBITDA margin reported at 23%, falling slightly below the stated 24% comfort level. Management attributed the dip to heavy investments in AI and sales with a 9-12 month revenue lag.
- AI-augmented Revenue Share on track said Q4 FY26 Promised: We aim to make this 100% in the next 12 months. Q1 FY27: Management reiterated its focus on AI, calling it the main catalyst for growth and noting heavy investment in AI capabilities. No new percentage was disclosed, but the strategic push continues.
All 10 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 36.6%, net profit down 4.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98 | 96 | 103 | 112 | 125 +28% | 134 +40% | 142 +38% | 153 +37% |
| EBITDA | 19 | 14 | 19 | 23 | 31 +63% | 30 +114% | 28 +47% | 31 +35% |
| Net profit | 13 | 7 | 10 | 23 | 23 +77% | 19 +171% | 21 +110% | 22 −4% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −72.1% 1Y
1Y: ₹552.5 on 10 Sept 2025 → ₹154.01. High ₹1,004.9 (7 Jan 2026), low ₹123.52 (13 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +0.7%
- 30 Jun
- Q4 FY26
- −1.4%
- 4 May
- Q3 FY26
- −8.0%
- 23 Jan
- Q2 FY26
- −2.9%
- 4 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 10.0% a year over 3 years, FY23 to FY26. Operating margin widened to 21.8%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹385 Cr | ₹369 Cr | ₹394 Cr | ₹513 Cr |
| Operating profit | ₹71 Cr | ₹51 Cr | ₹68 Cr | ₹112 Cr |
| Operating margin | 18.4% | 13.8% | 17.3% | 21.8% |
| Interest | ₹8 Cr | ₹4 Cr | ₹3 Cr | ₹0 Cr |
| Depreciation | ₹30 Cr | ₹31 Cr | ₹28 Cr | ₹24 Cr |
| Net profit | ₹36 Cr | ₹22 Cr | ₹38 Cr | ₹86 Cr |
| Net margin | 9.4% | 6.0% | 9.6% | 16.8% |
| ROCE | 19.0% | 12.0% | 17.0% | 29.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹97 Cr |
| Reserves | ₹157 Cr | ₹208 Cr | ₹247 Cr | ₹271 Cr | ₹344 Cr | ₹317 Cr |
| Borrowings | ₹39 Cr | ₹31 Cr | ₹36 Cr | ₹24 Cr | ₹15 Cr | ₹15 Cr |
| Other liabilities | ₹26 Cr | ₹136 Cr | ₹98 Cr | ₹69 Cr | ₹59 Cr | ₹55 Cr |
| Total liabilities | ₹245 Cr | ₹399 Cr | ₹406 Cr | ₹389 Cr | ₹442 Cr | ₹483 Cr |
| Fixed assets | ₹82 Cr | ₹223 Cr | ₹217 Cr | ₹170 Cr | ₹122 Cr | ₹113 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹10 Cr |
| Investments | ₹71 Cr | ₹36 Cr | ₹70 Cr | ₹83 Cr | ₹141 Cr | ₹165 Cr |
| Other assets | ₹92 Cr | ₹140 Cr | ₹120 Cr | ₹136 Cr | ₹178 Cr | ₹194 Cr |
| Total assets | ₹245 Cr | ₹399 Cr | ₹406 Cr | ₹389 Cr | ₹442 Cr | ₹483 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +1.66 pp while promoters trimmed −1.62 pp. The shareholder count grew 37% to 34,367.
- Promoters
- 72.8%
- FIIs
- 0.4%
- Public
- 26.8%
Since Jun 2025
- Public +1.66 pp
- Promoters −1.62 pp
- FIIs −0.04 pp
How it drifted, 12 quarters
Over this window promoters fell from 74.2% to 72.8% — −1.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.2%, FIIs 0.1%, DIIs 0.0%, Public 25.7%.Dec '23: Promoters 74.2%, FIIs 0.1%, DIIs 0.0%, Public 25.7%.Mar '24: Promoters 74.2%, FIIs 0.3%, DIIs 0.0%, Public 25.5%.Jun '24: Promoters 74.0%, FIIs 0.3%, DIIs 0.0%, Public 25.7%.Sep '24: Promoters 74.0%, FIIs 0.3%, DIIs 0.0%, Public 25.7%.Dec '24: Promoters 74.0%, FIIs 0.5%, Public 25.5%.Mar '25: Promoters 74.0%, FIIs 0.6%, Public 25.4%.Jun '25: Promoters 74.4%, FIIs 0.5%, Public 25.1%.Sep '25: Promoters 74.4%, FIIs 0.6%, DIIs 0.4%, Public 24.7%.Dec '25: Promoters 74.4%, FIIs 0.6%, DIIs 1.0%, Public 24.1%.Mar '26: Promoters 72.8%, FIIs 0.5%, DIIs 0.2%, Public 26.5%.Jun '26: Promoters 72.8%, FIIs 0.4%, Public 26.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of InfoBeans Technologies Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Siddharth Sethi | 24.45% | unchanged |
| Avinash Sethi | 24.21% | unchanged |
| Prisha Jain | 7.01% | unchanged |
| Priyansh Jain | 7.01% | unchanged |
| Mitesh Bohra | 6.32% | unchanged |
| Shashikala Bohra | 3.56% | unchanged |
| Mukul Mahavir Agrawal | 3.09% | unchanged |
| Vijaykumar Chhotabhai Kalidas Patel | 1.42% | unchanged |
| Kotak Mahindra Trusteeship Services Limited | 1.03% | unchanged |
| Parvathi Srinivasa Murthy | 1.00% | unchanged |
| Manoj Abhay Jain | 0.05% | unchanged |
| Arpana Vineet Jain | 0.04% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹154, this stock must grow earnings at 12% every year for 7 years. Our analysis caps realistic growth at ~34%. At that growth it is worth ₹473 — upside of 207%.
- Growth the price implies
- 11.6% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 33.7% a year
- net profit, FY23–FY26
- The gap
- -0.2 pp
- 207% downside if it only repeats history
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse InfoBeans Technologies Limited
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