InfoBeans Technologies Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,358 Cr
- P/E
- 15.98
- ROE
- 23.25%
- PEG
- 0.47
- Price to sales
- 2.45
- Debt to equity
- 0.04
- 52W high / low
- ₹1,005 / ₹124
- Sales growth (5Y)
- 23.28%
- EBITDA margin
- 21.80%
- Net profit margin
- 16.88%
- Promoter holding
- 72.17%
- Sales (last year)
- ₹554 Cr
Incorporated in 2000, InfoBeans Technologies Ltd is in the business of software development services[1]
Guidance scorecard · Q2 FY27 call
What InfoBeans Tech.'s management guided
and where it ranks in IT - Software
IT - Software
RevenueQ1 FY27 call
20–40%- InfoBeans aims to double sales every three years through a mix of organic growth and acquisitions.
- Management is optimistic about continuing the growth momentum seen in the last six quarters, but cautious about giving precise guidance.
- Incremental revenues from new investments typically have a 9 to 12 month lag before reflecting in top-line growth.
- AI is considered a key catalyst driving growth, with several AI accelerators developed and deployed for clients to increase efficiency and create business value.
- The company serves large enterprise clients with a high retention rate (94%), providing a stable revenue base and opportunity for expansion within existing accounts.
2 more points from InfoBeans Tech.'s call on revenue
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MarginsQ1 FY27 call
FlatSee what InfoBeans Tech. said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- InfoBeans is making significant investments in AI, building accelerators such as Expona, Insane SDD, and AWSH, developed over the last 18 months and continuing forward.
- They are purchasing AI licenses and paying for tokens to implement AI at client locations, including prototyping new AI solutions.
- Investments have been made in expanding their sales team, especially in the US market, with an expected lag of 9 to 12 months before revenue impact.
- The company remains cost-conscious in AI deployment, ensuring cost-justified implementation balancing AI and human roles.
2 more points from InfoBeans Tech.'s call on capex
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FundraisingQ1 FY27 call
See what InfoBeans Tech. said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- There is a continuous pipeline of RFPs and sales conversations in progress.
- Incremental revenues from new investments are expected to start yielding results in about 9 to 12 months.
- The company engages in long-term relationships with clients, often large enterprises, which results in recurring and expanding work.
- AI-related solutions and accelerators are seen as strong catalysts for future growth in deals and order intake.
2 more points from InfoBeans Tech.'s call on the order book
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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 - Software
on management's own guidance
- Strong growth2
- Strong growth1
- CapitalNumbersGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Software companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹569 Cr | 34.7 | |
| 2 | 40%+ | Flat | ₹336 Cr | 7.3 | |
| 3 | CapitalNumbers | 20–40% | Up 2%+ | ₹181 Cr | 9.2 |
| 4 | 20–40% | Up 2%+ | ₹159 Cr | 11.5 | |
| 5 | 20–40% | Up 0–2% | ₹1,826 Cr | 28.5 | |
| 6 | 20–40% | Flat | ₹4,341 Cr | 84.7 |
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Pro shows every company guiding 40%+ revenue growth →Full IT - Software rankingFinancials of InfoBeans Tech.
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
InfoBeans Tech.
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 74.18% | 74.18% | 73.98% | 73.98% | 73.98% | 74.04% | 74.44% | 74.40% | 74.40% | 72.84% | 72.82% | 72.17% |
| FIIs + | 0.09% | 0.29% | 0.29% | 0.31% | 0.54% | 0.56% | 0.45% | 0.55% | 0.55% | 0.45% | 0.41% | 0.48% |
| DIIs + | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.36% | 0.96% | 0.20% | 0.00% | 0.12% |
| Public + | 25.71% | 25.51% | 25.72% | 25.71% | 25.48% | 25.41% | 25.11% | 24.69% | 24.08% | 26.51% | 26.77% | 27.21% |
| No. of Shareholders | 29,328 | 28,397 | 28,179 | 27,240 | 25,856 | 25,047 | 25,012 | 23,876 | 23,227 | 32,714 | 34,367 | 34,061 |
Financials of InfoBeans Tech.
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 91 | 89 | 97 | 97 | 98 | 96 | 103 | 112 | 125 | 134 | 142 | 153 | 163 |
| Expenses + | 80 | 78 | 79 | 81 | 79 | 82 | 84 | 89 | 94 | 105 | 114 | 121 | 125 |
| Operating Profit | 11 | 11 | 17 | 16 | 19 | 14 | 19 | 23 | 31 | 30 | 28 | 31 | 38 |
| OPM % | 12% | 12% | 18% | 16% | 19% | 15% | 19% | 21% | 25% | 22% | 20% | 21% | 23% |
| Other Income + | 4 | 5 | 3 | 3 | 4 | 3 | 3 | 12 | 4 | 4 | 5 | 4 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | 6 | 7 | 12 | 11 | 16 | 10 | 15 | 29 | 29 | 27 | 27 | 29 | 33 |
| Tax % | 33% | 19% | 22% | 32% | 21% | 32% | 30% | 19% | 21% | 29% | 22% | 26% | 21% |
| Net Profit + | 4 | 6 | 9 | 8 | 13 | 7 | 10 | 23 | 23 | 19 | 21 | 22 | 26 |
| EPS in Rs | 0.43 | 0.57 | 0.95 | 0.79 | 1.30 | 0.72 | 1.08 | 2.40 | 2.33 | 1.99 | 2.21 | 2.23 | 2.71 |
Financials of InfoBeans Tech.
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 43 | 74 | 83 | 95 | 116 | 157 | 180 | 271 | 385 | 369 | 395 | 514 | 592 |
| Expenses + | 34 | 56 | 69 | 76 | 96 | 127 | 141 | 206 | 314 | 317 | 326 | 401 | 465 |
| Operating Profit | 9 | 18 | 15 | 19 | 20 | 29 | 39 | 66 | 71 | 51 | 68 | 113 | 127 |
| OPM % | 21% | 24% | 18% | 20% | 17% | 19% | 22% | 24% | 18% | 14% | 17% | 22% | 22% |
| Other Income + | 0 | -1 | 1 | 2 | 5 | 8 | 15 | 18 | 13 | 15 | 13 | 25 | 15 |
| Interest | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 5 | 8 | 6 | 2 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 2 | 3 | 10 | 16 | 18 | 30 | 29 | 27 | 24 | 24 |
| Profit before tax | 6 | 15 | 13 | 19 | 22 | 26 | 35 | 61 | 47 | 31 | 53 | 112 | 117 |
| Tax % | 12% | 11% | -6% | 11% | 14% | 17% | -5% | 9% | 23% | 27% | 28% | 23% | |
| Net Profit + | 6 | 13 | 13 | 17 | 19 | 21 | 37 | 55 | 36 | 22 | 38 | 87 | 89 |
| EPS in Rs | 0.79 | 1.85 | 1.88 | 1.74 | 1.97 | 2.20 | 3.83 | 5.69 | 3.71 | 2.31 | 3.89 | 8.94 | 9.14 |
| Dividend Payout % | 1% | 1% | 2% | 7% | 1% | -0% | 20% | 4% | 7% | 11% | 6% | 11% |
Financials of InfoBeans Tech.
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 18 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 97 | 97 |
| Reserves | 23 | 36 | 37 | 82 | 102 | 120 | 157 | 208 | 247 | 271 | 308 | 317 | 356 |
| Borrowings + | 0 | 0 | 4 | 0 | 0 | 33 | 39 | 31 | 36 | 24 | 20 | 15 | 12 |
| Other Liabilities + | 4 | 7 | 6 | 9 | 7 | 35 | 26 | 136 | 98 | 69 | 49 | 55 | 67 |
| Total Liabilities | 32 | 48 | 64 | 115 | 134 | 213 | 245 | 399 | 406 | 389 | 401 | 483 | 532 |
| Fixed Assets + | 6 | 5 | 5 | 4 | 10 | 101 | 82 | 223 | 217 | 170 | 126 | 113 | 115 |
| CWIP | -0 | 1 | 0 | 3 | -0 | -0 | -0 | -0 | -0 | -0 | 3 | 10 | 1 |
| Investments | 4 | 3 | 10 | 35 | 49 | 56 | 71 | 36 | 70 | 83 | 114 | 165 | 160 |
| Other Assets + | 21 | 39 | 49 | 73 | 75 | 56 | 92 | 140 | 120 | 136 | 157 | 194 | 256 |
| Total Assets | 32 | 48 | 64 | 115 | 134 | 213 | 245 | 399 | 406 | 389 | 401 | 483 | 532 |
Financials of InfoBeans Tech.
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 5 | 8 | 9 | 9 | 20 | 60 | 36 | 81 | 77 | 44 | 50 | 85 |
| Cash from Investing Activity + | -2 | -2 | -7 | -29 | -12 | -47 | -20 | -47 | -71 | -24 | -27 | -51 |
| Cash from Financing Activity + | -1 | -0 | 4 | 33 | -1 | -12 | -4 | -15 | -14 | -15 | -13 | -21 |
| Net Cash Flow | 2 | 5 | 7 | 12 | 6 | 1 | 12 | 18 | -8 | 4 | 10 | 12 |
| Free Cash Flow | 3 | 5 | 8 | 4 | 16 | -4 | 33 | 75 | 72 | 42 | 45 | 71 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 69% | 52% | 62% | 59% | 127% | 178% | 109% | 137% | 124% | 108% | 94% | 94% |
Financials of InfoBeans Tech.
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 83 | 58 | 81 | 68 | 78 | 80 | 91 | 61 | 75 | 80 | 77 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 79 | 83 | 58 | 81 | 68 | 78 | 80 | 91 | 61 | 75 | 80 | 77 |
| Working Capital Days | 69 | 75 | 56 | 95 | 83 | 58 | 52 | 5 | 16 | 38 | 64 | 61 |
| ROCE % | 25% | 45% | 23% | 23% | 18% | 18% | 19% | 27% | 19% | 12% | 17% | 29% |
Guidance history
How InfoBeans Tech.'s guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q3 FY26 call → | 10–20% | Flat | — | — | — |
| Q2 FY26 call → | 20–40% | Flat | Planned | None planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
29 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +33.2% | 79% |
| Last 6 months | −11.4% | 34% |
| Last 3 months | +1.3% | 66% |
The price is 33.1% below its all-time high of ₹251.23 (7 Jan 2026). Stocks more than 20% below their peak have their score halved, so 58 became 29.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For InfoBeans Tech.: 0.4 × 79 + 0.4 × 34 + 0.2 × 66 = 58, halved to 29 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What InfoBeans Tech.'s management said in earlier quarters
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