IVALUE

Ivalue Infosolutions share price & financials

VAD linking OEMs, system integrators and enterprises across cybersecurity, ILM, data-center and cloud stacks.

Price: ₹300.1
Market cap: ₹1.5k Cr
Sector: Information Technology
Calls analysed: 4

Latest concall · Q1 FY27 · call held 29 Jul 2026

Ivalue Infosolutions Limited Q1 FY27

Operating EBITDA ₹20.2 cr +28%PAT ₹15.7 cr +52%

What went well

Gross sales grew by 5.7% YoY to INR 641.2 crores, reflecting a decent start to FY27.
PAT increased significantly by 51.7% YoY to INR 15.7 crores, driven by improved gross margins and disciplined execution.
Gross margin expanded to 8.1% from 6.8% in Q1 FY26, with gross margins for the quarter growing 26.5% YoY to INR 52 crores.

What to watch

ILM segment experienced a 60% YoY decline due to budget reallocation towards GPU and Data Centre for AI adoption.
Hardware gross sales fell by about 28% this year, attributed to customer budget prioritization and supply chain impacts.

Read the full call →

What Ivalue Infosolutions Limited does

iValue Infosolutions is a value-added distributor (VAD) and technology solutions aggregator that sits between global OEM technology vendors, a network of system integrator (SI) partners, and enterprise end-customers across India and select neighbouring/Southeast Asian markets. Rather than simply reselling hardware or software licences, it curates multi-OEM solution stacks across cybersecurity, information lifecycle management (ILM), data-center infrastructure, and application lifecycle management/hybrid-cloud, and wraps them with presales solutioning, implementation, and managed services (including 24x7 SOC/NOC support). It earns by sourcing OEM products and allied software/support services and distributing them to enterprises through its SI ecosystem, with an in-house Centre of Excellence (CoE) and iAcademy training arm supporting technical delivery, and a meaningful part of its business structured as recurring annuity/renewal contracts rather than one-time sales.

Segments

Cybersecurity
Information Lifecycle Management (ILM)
Data Center Infrastructure
ALM, Cloud & Others

OEM technology partners: 115
System integrator (SI) partners: 866
Enterprise customers using 2+ OEM products: 474
Countries of operational presence: 10
Pre- and post-sales technical staff: 200+
OEM technical certifications held by staff: 1,011

Founded 2008Headquarters Bengaluru, Karnataka, India Company website

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 3 delivered 4 missed 8 open

Top Line Growth delivered said Q3 FY26 Promised: 18% to 20% growth Q1 FY27: This promise pertains to a completed fiscal year and has been achieved. No further updates are applicable.
PAT Growth missed said Q3 FY26 Promised: 22% to 25% growth on PAT Q1 FY27: This promise pertains to a completed fiscal year and has been missed. No further updates are applicable.
PAT growth diluted said Q4 FY26 Promised: about 20% to 22% on PAT for FY27 Q1 FY27: Management guidance for FY27 PAT growth was revised down to a single point of 20% from the original 20-22% range. However, they also stated the bottom line would grow faster than the top line (guided at 20%). Q1 FY27 PAT grew a strong 51.7% YoY.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 29.3%, net profit up 50.0% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	211	240	255	215	313 +48%	209 −13%	253 −1%	152 −29%
Expenses	185	217	207	205	275	181	204	135
EBITDA	26	24	47	10	38 +46%	28 +17%	48 +2%	17 +70%
Margin	12%	10%	19%	5%	12%	13%	19%	11%
Other income	4	4	9	7	4	-4	11	7
Interest	3	4	4	2	4	2	3	1
Depreciation	2	2	2	2	2	2	2	2
Profit before tax	26	21	51	14	37 +42%	20 −5%	54 +6%	20 +43%
Tax rate	26%	22%	27%	25%	25%	25%	24%	26%
Net profit	19	17	37	10	27 +42%	15 −12%	41 +11%	15 +50%
EPS	4.62	3.98	8.81	2.42	5.13	2.74	7.47	2.74

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 −20.8% 1Y

1Y: ₹281.85 on 25 Sept 2025 → ₹223.35. High ₹326.8 (13 Nov 2025), low ₹212.6 (23 Mar 2026).

How the price took the results

close before → close after

Q1 FY27: +0.0%; 29 Jul
Q4 FY26: −2.8%; 27 May
Q3 FY26: −0.1%; 4 Mar
Q2 FY26: +2.0%; 11 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 10.5% a year over 1 year, FY25 to FY26. Operating margin held at 12.5%.

Year ending	FY25	FY26
Revenue	₹896 Cr	₹990 Cr
Operating profit	₹111 Cr	₹124 Cr
Operating margin	12.4%	12.5%
Interest	₹13 Cr	₹11 Cr
Depreciation	₹8 Cr	₹8 Cr
Net profit	₹83 Cr	₹93 Cr
Net margin	9.3%	9.4%
Cash from operations	₹36 Cr	₹101 Cr
Free cash flow	₹35 Cr	₹101 Cr
ROCE	26.0%	24.0%

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	₹4 Cr	₹4 Cr	₹5 Cr	₹4 Cr	₹11 Cr	₹11 Cr
Reserves	₹191 Cr	₹237 Cr	₹297 Cr	₹369 Cr	₹494 Cr	₹552 Cr
Borrowings	₹38 Cr	₹20 Cr	₹45 Cr	₹69 Cr	₹100 Cr	₹66 Cr
Other liabilities	₹271 Cr	₹350 Cr	₹716 Cr	₹544 Cr	₹835 Cr	₹769 Cr
Total liabilities	₹504 Cr	₹611 Cr	₹1.1k Cr	₹985 Cr	₹1.4k Cr	₹1.4k Cr
Fixed assets	₹9 Cr	₹8 Cr	₹36 Cr	₹40 Cr	₹39 Cr	₹28 Cr
Capital work in progress	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Investments	₹20 Cr	₹46 Cr	₹17 Cr	₹6 Cr	₹16 Cr	₹159 Cr
Other assets	₹475 Cr	₹557 Cr	₹1.0k Cr	₹939 Cr	₹1.4k Cr	₹1.2k Cr
Total assets	₹504 Cr	₹611 Cr	₹1.1k Cr	₹985 Cr	₹1.4k Cr	₹1.4k 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.

What the price assumes

Attractive

To justify its price of ₹223, this stock must grow earnings at 5% every year for 7 years. Our analysis caps realistic growth at ~12%. At that growth it is worth ₹324 — upside of 45%.

Growth the price implies: 5.1% a year; for 7 years, fading to 4%
It has actually compounded at: 12.0% a year; net profit, FY25–FY26
The gap: -0.1 pp; 45% downside if it only repeats history

Price today ₹223.35 Value at the reference growth ₹324.47

Change the assumptions yourself →

All earnings calls (4)

Read the Q1 FY27 call →

Learn to analyse Ivalue Infosolutions Limited

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