Delivers software engineering services to enterprise clients, with FY26 revenue of ₹513.57 crore spread across US (53%), Europe (35%), Middle East (7%) and India/APAC (4%) geographies. Employee expenses form the bulk of costs at 63% of revenue, with other operating expenses at 15.1% and depreciation at 4.7%, producing an EBITDA margin of 26.87%. The firm sells two proprietary AI tools — Insane SDD 2.0 for development speed and RAI for AI output reliability — and holds ISO 42001:2023 certification for AI management systems. Operations run on an asset-light, people-driven model where most spend goes to engineering staff. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Software engineering services — US (53%), Software engineering services — Europe (35%), Software engineering services — Middle East (7%), Software engineering services — India/APAC (4%). Asset-light, people-driven IT services with growing AI-led delivery
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 271 | 385 | 369 | 395 | 514 |
| EBITDA (ex other income) | 67 | 71 | 51 | 67 | 113 |
| margin % | 24.9 | 18.4 | 13.8 | 17.0 | 21.9 |
| Owners' profit | 0 | 36 | 22 | 38 | 87 |
| EPS, as reported (₹) | 23.58 | 14.83 | 9.25 | 15.59 | 8.93 |
| ROE % · ROCE % | 24.5 · 21.5 | 13.2 · 14.8 | 7.6 · 10.5 | 11.4 · 14.6 | 21.0 · 25.0 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 81 | 77 | 44 | 50 | 85 |
| Capex | (5) | (5) | (2) | (2) | (8) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98 | 96 | 103 | 112 | 125 | 134 | 142 | 153 |
| Profit before tax | 16 | 10 | 15 | 29 | 29 | 27 | 27 | 29 |
| Net profit | 13 | 7 | 11 | 23 | 23 | 19 | 21 | 22 |
| EPS (₹) | 5.20 | 2.90 | 4.31 | 9.57 | 9.28 | 7.96 | 2.21 | 2.23 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 7,96,690 | 16.0 | 7.34 | 10.9 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,20,891 | 14.0 | 4.51 | 8.8 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,27,456 | 18.7 | 4.35 | 11.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,65,785 | 13.3 | 1.88 | 7.9 | 15.0 | 17.1 | 8.4 | 22.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · Clarification on significant price movement, says market driven | regulatory legal | medium | — | — |
| 2 Sept 2026 · InfoBeans clarifies missing signature on Q1 FY27 results filing | compliance | minimal | — | — |
| 31 Aug 2026 · InfoBeans clarifies on recent share price and volume increase | regulatory legal | medium | — | — |
| 28 Aug 2026 · NSE seeks clarification from InfoBeans on unusual trading volume | regulatory legal | medium | — | — |
| 18 Aug 2026 · InfoBeans 16th AGM: All resolutions passed; total dividend of Re 1 per share approved | board shareholder meetings | low | — | — |
| 11 Aug 2026 · InfoBeans to meet institutional investors at Emkay Confluence on 13 Aug | board shareholder meetings | low | — | — |
| 9 Aug 2026 · InfoBeans AGM: All resolutions approved, total dividend of INR 1 per share declared | compliance | minimal | — | — |
| 7 Aug 2026 · InfoBeans 16th AGM approves financial statements, Rs 1 dividend, director re-appointment | board shareholder meetings | low | — | — |
| 1 Aug 2026 · InfoBeans revises dividend record date to August 6, 2026 | corporate actions | medium | — | — |
| 31 Jul 2026 · InfoBeans revises dividend record date to August 6, 2026 | corporate actions | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| TECH MAHINDRA LIMITED |
| 1,51,018 |
| 26.6 |
| 5.02 |
| 16.9 |
| 16.0 |
| 18.8 |
| 8.5 |
| 16.8 |
| LTM LIMITED | 1,27,635 | 24.4 | 5.29 | 15.4 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 87,015 | 44.8 | 11.10 | 29.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 81,708 | 37.5 | 8.44 | 29.1 | 18.0 | 17.2 | 28.6 | 18.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 16.6 | 9 of 71 | 89% |
| P/B | 3.6 | 2.9 | 35 of 64 | 46% |
| ROCE | 24.7 | 14.2 | 14 of 78 | 83% |
| ROE | 21.0 | 11.5 | 9 of 67 | 88% |
| Debt / Equity | 0.0 | 0.0 | 4 of 68 | 64% |
| EBITDA margin | 23.2 | 18.4 | 17 of 65 | 75% |
| Revenue growth | 36.6 | 10.6 | 11 of 63 | 84% |
| Profit growth | (7.3) | 6.7 | 40 of 62 | 36% |
| Market cap | 1504 | 475 | 31 of 75 | 60% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
