Infinity Infoway Q2 FY27 Share Price & Earnings Call Analysis

₹699.50+1.75% today
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

#20of 39 in
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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Full Q2 FY27 analysis

MarginsQ2 FY27 call

Flat

See what Infinity Infoway said on margins — free account, 30 seconds.

Full Q2 FY27 analysis

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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Full Q2 FY27 analysis

FundraisingQ2 FY27 call

See what Infinity Infoway said on fundraising — free account, 30 seconds.

Full Q2 FY27 analysis

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.
Full Q2 FY27 analysis

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

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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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

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹1,016 Cr36.8
240%+Flat₹1,477 Cr34.5
340%+Flat₹1,451 Cr124.1
440%+Flat₹577 Cr18.3
540%+Flat₹361 Cr25.7
640%+Flat₹68 Cr6.7

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Pro shows every company guiding 40%+ revenue growth →Full IT - Services ranking

Financials 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

No quarterly results data available for this company yet.

Financials of Infinity Infoway

Profit & Loss

Annual income statement trend

Mar 2023Mar 2024Mar 2025Mar 2026
Sales +5.1710.1713.1923.77
Expenses +3.705.247.0213.89
Operating Profit1.474.936.179.88
OPM %28.43%48.48%46.78%41.56%
Other Income +0.210.170.290.69
Interest0.080.060.040.06
Depreciation0.330.400.780.86
Profit before tax1.274.645.649.65
Tax %25.98%25.22%25.71%27.36%
Net Profit +0.943.474.197.01
EPS in Rs940.003,470.0010.8112.86
Dividend Payout %0.00%0.00%0.00%0.00%

Financials of Infinity Infoway

Balance Sheet

Capital structure and asset base

Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.010.013.885.45
Reserves1.575.028.8036.40
Borrowings +0.700.480.220.53
Other Liabilities +1.312.592.021.74
Total Liabilities3.598.1014.9244.12
Fixed Assets +1.061.343.1112.82
CWIP0.000.000.010.00
Investments0.000.100.200.33
Other Assets +2.536.6611.6030.97
Total Assets3.598.1014.9244.12

Financials of Infinity Infoway

Cash Flows

Operating, investing and financing cash movement

Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1.402.222.402.92
Cash from Investing Activity +-0.80-1.16-2.84-16.99
Cash from Financing Activity +-0.38-0.273.1921.39
Net Cash Flow0.220.802.757.31
Free Cash Flow0.731.55-0.17-7.07
CFO/OP106%57%71%58%

Financials of Infinity Infoway

Ratios

Working capital efficiency and return ratios

Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days89.66144.28157.46139.89
Inventory Days0.00
Days Payable
Cash Conversion Cycle89.66144.28157.46139.89
Working Capital Days13.4171.78132.00166.91
ROCE %120.67%61.71%35.12%

Guidance history

How Infinity Infoway's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q2 FY27 call →20–40%FlatPlanned—Rising
Q1 FY27 call →20–40%FlatPlanned—Rising
Q4 FY26 call →40%+FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

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