Info-Drive Software Ltd (INFODRIVE)
🎯 Key Takeaways
- Info-Drive Software Ltd appears to be in a distressed or turnaround phase, marked by declining profitability and negative returns. The company reported a negative ROE of -0.
- Revenue grew 59% QoQ to ₹26 in Q3FY13.
- ⚠️ Persistent operating losses and negative margins in key quarters, with no clear path to profitability.
- ROE
- 0.0%
- ROCE
- 1.6%
- Debt/Equity
- 0.79
📖 The Story
Info-Drive Software Ltd appears to be in a distressed or turnaround phase, marked by declining profitability and negative returns. The company reported a negative ROE of -0.8% and ROCE of 1.6% in the latest period, with a debt-to-equity ratio of 0.79, indicating moderate leverage but limited operational efficiency. Financial trends and management commentary suggest ongoing operational challenges, with intermittent profitability and shrinking margins over recent quarters.
📰 What's Happening
The most recent quarterly results from December 2012 show revenue of ₹26 lakhs and zero operating profit, a sharp decline from ₹40 lakhs revenue and -₹5 lakhs operating profit in March 2012. Sequential improvements were seen in September and June 2012 with positive operating profits of ₹1 and ₹2 lakhs respectively, suggesting possible stabilization. However, no forward-looking guidance or strategic initiatives were disclosed in the available filings. The company has not announced any new orders, expansions, or management changes in the reported periods.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 |
|---|---|---|---|---|
| Revenue | 40 | 17 | 16 | 26 |
| Operating Profit | -5 | 2 | 1 | 0 |
| OPM % | -12.6% | 9.3% | 6.2% | 1.4% |
| Net Profit | -4 | 1 | 1 | 0 |
| EPS | ₹-0.85 | ₹0.29 | ₹0.15 | ₹0.05 |
Revenue has declined from ₹40 lakhs in March 2012 to ₹26 lakhs by December 2012, with operating losses persisting early in the fiscal year before showing marginal improvements in later quarters. Despite these fluctuations, profitability remains highly volatile, with net losses of ₹4 lakhs in March 2012 and near-zero net income in subsequent periods. The lack of consistent earnings growth aligns with management's limited commentary on operational recovery, suggesting the company is navigating a fragile financial position without clear signs of structural improvement.
🔮 Management Outlook & What's Next
There is no available forward guidance or explicit outlook from management in the provided filing content. The company has not issued any earnings projections, strategic roadmaps, or commentary on future growth drivers in the latest disclosures. The absence of such guidance, combined with ongoing operational volatility, limits visibility into management’s expectations for recovery or stabilization.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2011 | Mar 2012 | Mar 2016 |
|---|---|---|---|
| Equity Capital | 29 | 45 | 63 |
| Reserves | 31 | 68 | 86 |
| Borrowings | 54 | 53 | 118 |
| Total Liabilities | 120 | 171 | 287 |
| Fixed Assets | 13 | 7 | 3 |
| Investments | 24 | 26 | 95 |
| Total Assets | 120 | 171 | 287 |
The balance sheet shows a significant increase in total assets from ₹120 lakhs in March 2011 to ₹287 lakhs in March 2016, driven by growth in reserves and borrowings. However, equity rose only from ₹29 to ₹63 lakhs over the same period, indicating that asset growth has been financed largely through debt and reserves rather than retained earnings. This suggests cautious capital allocation, with limited reinvestment capacity given persistent losses.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2016 |
|---|---|
| Operating | +2 |
| Investing | -62 |
| Financing | -2 |
| Net Cash Flow | -62 |
⚖️ 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. Persistent operating losses and negative margins in key quarters, with no clear path to profitability. 2. Declining revenue trend from ₹40 lakhs to ₹26 lakhs over the reporting period, signaling potential demand or execution weakness. 3. Low and negative returns on equity and capital, reflecting poor asset utilization. 4. High asset growth funded by debt and reserves without commensurate equity or earnings growth, raising solvency concerns.
🧠 Analyst's Read
Info-Drive Software Ltd remains in a fragile financial position with no evident recovery trajectory. Investors should monitor for signs of operational stabilization, cost rationalization, or new business wins that could reverse the current trend. Without clearer strategic direction or improved financial performance, the company lacks the fundamental momentum required for sustainable growth.
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 2026-09-29.
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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