3I INFOTECH LIMITED

Provides IT services and software solutions across applications, cloud, infrastructure, and digital business process services. For FY26, the AAA segment was 71.1% of segment revenue (Rs 493.22 crore), IS 19.4% (Rs 134.73 crore), and BPS 9.2% (Rs 63.95 crore), with consolidated revenue of Rs 693.36 crore. Recent order wins include an Indian private sector bank (Rs 13.11 crore for one year), ONGC Petro additions (Rs 4.83 crore over three years), a domestic two-wheeler manufacturer for DMS helpdesk across about 2,000 pan-India locations (Rs 6.32 crore), and UAE-based consulting in AI, ML, RPA, and robotics (about Rs 45.85 crore). Q1FY27 consolidated revenue was Rs 177.9 crore, with TCV order bookings of Rs 240.9 crore and 25 or more new client additions. Employee costs dominate the cost structure at 69.6% of FY26 revenue, while capex is just 0.2%, reflecting a people-intensive, asset-light model. The company has over 3,600 employees and 300-plus clients globally, and the auditor's qualified conclusion on Q1FY27 results flagged going-concern issues at multiple subsidiaries while noting legacy unpaid IPR dues of Rs 1,066 crore from 2012; standalone net worth is reported around Rs minus 65 crore.