INFOBEAN - InfoBeans Tech.

📊 NSE: INFOBEAN 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/14/2025 8:05

💰 Financial Performance

Revenue Growth by Segment

The company registered a total revenue of INR 409 Cr in FY25, representing a 7% growth compared to INR 384 Cr in FY24. In Q2 FY26, revenue from operations grew 27% YoY to INR 130 Cr.

Geographic Revenue Split

InfoBeans operates globally with offices in India (Indore, Pune, Chennai, Bengaluru), USA (Silicon Valley, New York), Europe (Frankfurt), and the Middle East (Dubai). Revenue in USD terms grew by 20% YoY in Q2 FY26.

Profitability Margins

Net Profit Margin improved significantly from 5.80% in FY24 to 9.3% in FY25. Q2 FY26 PAT increased to INR 23 Cr from INR 13 Cr YoY, driven by higher sales volumes spreading fixed costs.

EBITDA Margin

The company targets a consistent EBITDA margin of 24%. In Q2 FY26, EBITDA grew to INR 26 Cr from INR 23 Cr YoY, supported by improved utilization and lateral hiring alignment.

Capital Expenditure

The company is currently investing in the Indore IT Park project to expand its delivery infrastructure. Total equity stood at INR 332 Cr as of March 2025, up from INR 296 Cr.

Credit Rating & Borrowing

The company is almost debt-free. The interest coverage ratio rose sharply by 258.96% to 22.83 in FY25 due to a reduction in finance costs and derecognition of INR 25 Cr in deferred consideration.

⚙️ Operational Drivers

Raw Materials

Human Capital/Software Engineers (1,402 team members and 45 contractual staff as of March 2025) represent the primary operational cost.

Import Sources

Talent is primarily sourced from India (Indore, Pune, Chennai, Bengaluru) and the USA (Silicon Valley, New York).

Key Suppliers

Not applicable for software services; focus is on talent acquisition and lateral hiring from the market.

Capacity Expansion

Achieved CMMI Level 5 in 2025. Added 98 net employees in Q2 FY26. Delivery centers are located in Indore, Pune, Chennai, and Bengaluru.

Raw Material Costs

Employee benefit provisions increased by INR 2 Cr in FY25. Cost controls and process optimization contributed to a 72.7% increase in net profit to INR 38 Cr.

Manufacturing Efficiency

Utilization is optimized by aligning hiring with the sales pipeline; revenue growth of 27% YoY in Q2 FY26 indicates high operational efficiency.

Logistics & Distribution

Not applicable for software development services.

📈 Strategic Growth

Expected Growth Rate

27%

Growth Strategy

Executing a '10x growth journey' by focusing on AI-led data and engineering, expanding wallet share from existing long-term clients, and strategic leadership hires like CRO Harmeet Bhatia and Advisor Phaneesh Murthy.

Products & Services

Software development services, AI-led data and engineering, and ServiceNow ecosystem services (agineo partnership).

Brand Portfolio

InfoBeans, InfoBeans CloudTech.

New Products/Services

Expansion into AI-led engineering services and strengthening the ServiceNow partnership ecosystem.

Market Expansion

Expanding global footprint in USA and Europe; onboarded Opal Perry (CTO of Easyjet) as Independent Director to guide international strategy.

Strategic Alliances

ServiceNow Partner (agineo partnership); Advisor Phaneesh Murthy onboarded to the Board.

🌍 External Factors

Industry Trends

The IT-BPM industry is shifting toward AI-led engineering; InfoBeans is positioning itself with CMMI Level 5 certification and global leadership hires.

Competitive Landscape

Competes in the global IT-BPM and software development services market.

Competitive Moat

Durable advantage through long-term client relationships (up to 20 years with ALM) and high-level CMMI Level 5 quality certification which acts as a significant entry barrier.