Infinity Infoway Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹381 Cr
- P/E
- 41.33
- ROE
- 25.54%
- PEG
- 0.44
- Price to sales
- 11.76
- Debt to equity
- 0.01
- 52W high / low
- ₹654 / ₹315
- EBITDA margin
- 43.17%
- Net profit margin
- 29.54%
- Promoter holding
- 68.49%
- Sales (last year)
- ₹32 Cr
Incorporated in 2008, Infinity Infoway Limited is a leading SaaS company specializing in customized cloud-based ERP (Enterprise Resource Planning) solutions.[1]
Guidance scorecard · Q2 FY27 call
What Infinity Infoway's management guided
and where it ranks in IT - Services
IT - Services
RevenueQ2 FY27 call
20–40%- Infinity Infoway expects ZeroTouch to contribute 20-22% of revenue within the next 2 years, with gradual increase thereafter.
- The company aims to maintain the current high growth run rate (106% growth in H1 FY27), though surpassing this will require extra effort.
- Historically, Q3 and Q4 are stronger quarters, so the second half of the year is expected to show better performance.
- International revenues are anticipated to begin this financial year, with initial focus on private clients in schools, colleges, and universities, particularly in Gulf and Southeast Asia regions.
- Expansion into international markets is planned phase-wise, with potential revenue pick-up expected in 1-2 years.
2 more points from Infinity Infoway's call on revenue
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MarginsQ2 FY27 call
FlatSee what Infinity Infoway said on margins — free account, 30 seconds.
CapexQ2 FY27 call
Planned- The company has added property, plant, and equipment this half-year, including upgrades to ZeroTouch devices and acquisition of GPUs for AI model development and in-house server infrastructure.
- ZeroTouch is a CapEx heavy product with more than 60% margin.
- They are investing to build AI-enabled ERP, industrial ERP, and enhance technology capabilities.
- For international expansion, they are preparing products and building teams targeting Gulf, Southeast Asia, and Europe.
2 more points from Infinity Infoway's call on capex
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FundraisingQ2 FY27 call
See what Infinity Infoway said on fundraising — free account, 30 seconds.
Order bookQ2 FY27 call
Rising- As of 30th September 2026, the current order book size stands at Rs. 78 crores.
- The company expects to maintain a similar run rate of business going forward based on the existing order book and pipeline.
- There is a strong pipeline and planned order book for the upcoming year ensuring recurring business and sustainable growth.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹1,016 Cr | 36.8 | |
| 2 | 40%+ | Flat | ₹1,477 Cr | 34.5 | |
| 3 | 40%+ | Flat | ₹1,451 Cr | 124.1 | |
| 4 | 40%+ | Flat | ₹577 Cr | 18.3 | |
| 5 | 40%+ | Flat | ₹361 Cr | 25.7 | |
| 6 | 40%+ | Flat | ₹68 Cr | 6.7 |
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Pro shows every company guiding 40%+ revenue growth →Full IT - Services rankingFinancials of Infinity Infoway
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Infinity Infoway
Quarterly Results
Quarter-by-quarter operating performance
Financials of Infinity Infoway
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales + | 5.17 | 10.17 | 13.19 | 23.77 |
| Expenses + | 3.70 | 5.24 | 7.02 | 13.89 |
| Operating Profit | 1.47 | 4.93 | 6.17 | 9.88 |
| OPM % | 28.43% | 48.48% | 46.78% | 41.56% |
| Other Income + | 0.21 | 0.17 | 0.29 | 0.69 |
| Interest | 0.08 | 0.06 | 0.04 | 0.06 |
| Depreciation | 0.33 | 0.40 | 0.78 | 0.86 |
| Profit before tax | 1.27 | 4.64 | 5.64 | 9.65 |
| Tax % | 25.98% | 25.22% | 25.71% | 27.36% |
| Net Profit + | 0.94 | 3.47 | 4.19 | 7.01 |
| EPS in Rs | 940.00 | 3,470.00 | 10.81 | 12.86 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Infinity Infoway
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3.88 | 5.45 |
| Reserves | 1.57 | 5.02 | 8.80 | 36.40 |
| Borrowings + | 0.70 | 0.48 | 0.22 | 0.53 |
| Other Liabilities + | 1.31 | 2.59 | 2.02 | 1.74 |
| Total Liabilities | 3.59 | 8.10 | 14.92 | 44.12 |
| Fixed Assets + | 1.06 | 1.34 | 3.11 | 12.82 |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 |
| Investments | 0.00 | 0.10 | 0.20 | 0.33 |
| Other Assets + | 2.53 | 6.66 | 11.60 | 30.97 |
| Total Assets | 3.59 | 8.10 | 14.92 | 44.12 |
Financials of Infinity Infoway
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 1.40 | 2.22 | 2.40 | 2.92 |
| Cash from Investing Activity + | -0.80 | -1.16 | -2.84 | -16.99 |
| Cash from Financing Activity + | -0.38 | -0.27 | 3.19 | 21.39 |
| Net Cash Flow | 0.22 | 0.80 | 2.75 | 7.31 |
| Free Cash Flow | 0.73 | 1.55 | -0.17 | -7.07 |
| CFO/OP | 106% | 57% | 71% | 58% |
Financials of Infinity Infoway
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 89.66 | 144.28 | 157.46 | 139.89 |
| Inventory Days | 0.00 | |||
| Days Payable | ||||
| Cash Conversion Cycle | 89.66 | 144.28 | 157.46 | 139.89 |
| Working Capital Days | 13.41 | 71.78 | 132.00 | 166.91 |
| ROCE % | 120.67% | 61.71% | 35.12% |
Guidance history
How Infinity Infoway's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q2 FY27 call → | 20–40% | Flat | Planned | — | Rising |
| Q1 FY27 call → | 20–40% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 40%+ | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Infinity Infoway's management said in earlier quarters
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