InfoBeans Technologies Ltd (INFOBEAN)
🎯 Key Takeaways
- InfoBeans Technologies Ltd is in a phase of sustained growth with improving profitability and strong operational execution, characterized by consistent revenue expansion, margin stability, and capital efficiency. The company operates with a debt-free balance sheet and high ROE/ROCE, reflecting strong returns on capital.
- Revenue grew 7.7% QoQ to ₹153 in Q1FY27.
- ⚠️ Overreliance on AI-driven services for growth momentum, with no disclosed roadmap for sustaining AI-led tailwinds beyond current client engagements.
- Market Cap
- ₹1,405
- P/E Ratio
- 16.5
- P/B Ratio
- 3.40
- ROE
- 20.5%
- ROCE
- 27.6%
- Debt/Equity
- 0.00
- Div Yield
- 0.69%
- Promoter
- 72.8%
📖 The Story
InfoBeans Technologies Ltd is in a phase of sustained growth with improving profitability and strong operational execution, characterized by consistent revenue expansion, margin stability, and capital efficiency. The company operates with a debt-free balance sheet and high ROE/ROCE, reflecting strong returns on capital. Management is focused on scaling AI-driven services and maintaining client retention amid competitive IT services dynamics.
📰 What's Happening
In Q1 FY27 (reported July 22, 2026), InfoBeans delivered 33% YoY revenue growth to ₹156.8 crores and 28% YoY PAT growth to ₹21.6 crores, driven by AI service adoption and high client retention. Management highlighted sustained profitability with stable EBITDA margin at 23% and PAT margin at 14%, indicating operational resilience. The earnings call audio was made available on July 23, 2026 (July 23 filing), enabling investor scrutiny of management commentary. Shareholders approved the FY2026 audited financials and re-elected Director Avinash Sethi at the AGM on August 7, 2026 (August 9 filing), clearing the path for strategic initiatives. A special dividend of ₹0.50 per share was declared alongside the regular final dividend, reflecting confidence in cash flows.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 125 | 134 | 142 | 153 |
| Operating Profit | 25 | 24 | 23 | 26 |
| OPM % | 19.9% | 18.0% | 15.9% | 16.7% |
| Net Profit | 23 | 19 | 21 | 22 |
| EPS | ₹9.28 | ₹7.96 | ₹2.21 | ₹2.23 |
Revenue has grown sequentially for four consecutive quarters, rising from ₹125 crores in September 2025 to ₹153 crores in June 2026, with operating and net profit margins remaining stable around 16-18%. Despite a dip in EPS in later quarters due to share issuance or tax adjustments, PAT margin held firm at 14% in Q1 FY27, signaling disciplined cost management. EBITDA grew 21% YoY, supported by AI-driven demand, while tax adjustments from the new tax regime may distort future comparisons but do not reflect core performance deterioration.
🔮 Management Outlook & What's Next
Management did not provide formal forward guidance in the latest filings. However, in the Q1 FY27 results announcement (July 22, 2026), it noted that the 14% PAT margin and 23% EBITDA margin 'indicate sustained profitability,' with sequential revenue growth of 6.8% to ₹157 crores. This suggests continued momentum into Q2, supported by AI service adoption and client retention, though no specific targets or timelines were disclosed.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 24 | 24 | 97 | 24 |
| Reserves | 308 | 290 | 317 | 344 |
| Borrowings | 20 | 25 | 0 | 15 |
| Total Liabilities | 412 | 407 | 489 | 442 |
| Fixed Assets | 27 | 33 | 123 | 24 |
| Investments | 114 | 109 | 165 | 141 |
| Total Assets | 412 | 407 | 489 | 442 |
The balance sheet remains exceptionally strong, with zero net debt as of March 2026. Equity and reserves grew from ₹332 crores in March 2025 to ₹414 crores in March 2026, while total assets expanded steadily. The company is not reinvesting aggressively in fixed assets but is returning capital via dividends, consistent with a capital-efficient business model focused on service delivery rather than capital-intensive expansion.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2026 |
|---|---|
| Operating | +85 |
| Investing | -57 |
| Financing | -21 |
| Net Cash Flow | +6 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 74.4% | 74.4% | 72.8% | 72.8% |
| FII | 0.6% | 0.6% | 0.5% | 0.4% |
| DII | 0.4% | 1.0% | 0.2% | 0.0% |
| Public | 18.9% | 18.5% | 20.6% | 21.0% |
| # Shareholders | 23,876 | 23,227 | 32,714 | 34,367 |
Promoter holding remains stable near 72.8%, indicating confidence from founders. Institutional ownership is minimal, with FII at just 0.41% and DII at 0% in Q1 FY27, down slightly from prior quarters. However, the number of public shareholders has grown from 23,227 to 34,367 over four quarters, suggesting increasing retail participation. No significant selling by promoters or institutions is evident, and the shareholder base is broadening.
⚖️ Peer Comparison — IT - Software
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| TCS | 7.50 L Cr | 15.1 | 63.2% | — | 0.00 |
| INFY | 4.07 L Cr | 13.5 | 44.9% | — | 0.00 |
| HCLTECH | 3.40 L Cr | 19.5 | 31.6% | — | 0.00 |
| WIPRO | 1.60 L Cr | 12.8 | 18.1% | — | 0.19 |
| TECHM | 1.51 L Cr | 26.6 | 24.8% | — | 0.00 |
| LTM | 1.21 L Cr | 23.2 | 30.5% | — | 0.00 |
| OFSS | 94,385 | 27.6 | 60.3% | — | 0.00 |
| PERSISTENT | 83,939 | 43.2 | 32.7% | — | 0.00 |
| COFORGE | 78,489 | 36.0 | 25.6% | — | 0.04 |
| MPHASIS | 42,582 | 22.3 | 22.3% | — | 0.17 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Overreliance on AI-driven services for growth momentum, with no disclosed roadmap for sustaining AI-led tailwinds beyond current client engagements. 2. Low institutional interest may limit liquidity and analyst coverage, potentially leading to stock price volatility. 3. Tax adjustments from the new tax regime could complicate future profitability comparisons, obscuring true underlying performance trends. 4. Margins, while stable, are being maintained in a competitive IT services environment where pricing pressure could emerge.
📋 Recent Filings
- Announcement2026-09-04InfoBeans Technologies clarified that recent share price and volume movements were purely market-driven with no undisclosed material events, reaffirmi…
- 🟡 Board Meeting2026-08-18InfoBeans held its 16th Annual General Meeting on August 7, 2026, where shareholders approved the adoption of audited financial statements for FY2026,…
- Announcement2026-08-11InfoBeans Technologies Limited announced its participation in Emkay Confluence on August 13, 2026, to meet analysts and institutional investors in Mum…
- 🟡 Board Meeting2026-08-09InfoBeans Technologies Limited announced that all ordinary resolutions proposed at its 16th Annual General Meeting held on August 9, 2026 were approve…
- 🟡 Board Meeting2026-08-01InfoBeans Technologies announced a corrigendum revising the dividend record date from July 31, 2026 to August 6, 2026 for its 16th AGM scheduled Augus…
- Announcement2026-07-31No summary available
- 🔴 Corporate Action2026-07-31InfoBeans revised its dividend record date from July 31, 2026 to August 6, 2026 for the 2025-26 financial year, as per a SEBI-mandated corrigendum to …
- 🔴 Financial Results2026-07-23InfoBeans Technologies Limited announced that the audio recording of its earnings call for the quarter ended June 30, 2026, held on July 22, 2026, is …
- Announcement2026-07-22InfoBeans Technologies Limited announced its Q1 FY27 results on July 22, 2026, reporting a 33% YoY revenue increase (20% in USD) and 28% PAT growth, d…
- 🔴 Financial Results2026-07-22InfoBeans reported Q1 FY27 revenue of ₹156.8 crores, up 33% YoY, with PAT at ₹21.6 crores (+28% YoY) and EBITDA at ₹35.4 crores (+21% YoY), driven by …
🧠 Analyst's Read
InfoBeans demonstrates consistent operational execution with strong profitability and a healthy balance sheet, but lacks clear forward guidance and institutional investor interest. The key watchpoint is whether AI-driven growth can be sustained amid competitive pressures in the IT services sector, and how margin performance holds up without the benefit of one-time tax adjustments.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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